Cost of Living in Lima

Peru · South America · Currency: PEN

25.8
COLI Index
#93
of 113 Cities
19.2%
Total Deductions
S/1,667
1BR Rent/mo

About Lima

Lima has a cost of living index of 25.8, making it a very low cost city compared to New York (baseline = 100). It ranks #93 out of 113 cities tracked globally.

The local currency is PEN. A salary of $75,000 USD in New York would need to be approximately S/71,688 in Lima to maintain the same purchasing power.

The approximate effective income tax rate in Peru is 6% for a mid-range earner. Including social security and other mandatory deductions, the total deduction rate is approximately 19.2%.

Monthly Cost Breakdown in Lima

Estimated monthly expense allocation for a mid-range earner living in Lima. Housing costs are based on average one-bedroom rent in the city center (S/1,667/month), with other categories adjusted for the local cost of living index.

Housing
30%
Food & Groceries
20%
Transportation
10%
Utilities
7%
Healthcare
6%
Other & Savings
27%

Estimates based on a mid-range salary adjusted for Lima's COLI of 25.8 and Peru's total deduction rate of 19.2%. Individual expenses will vary.

Tax & Deductions Breakdown in Lima

Estimated annual deductions for a mid-range salary of S/71,688 in Lima. This shows all mandatory payroll deductions as a local employee.

Income Tax
6%
ONP/AFP + EsSalud
13.0%
Total Deductions: 19.2%
Est. Take-Home: S/57,911/yr

Rates shown are for a local employee. Expat rates may differ — use the main converter for personalized calculations.

Salary Ranges by Job Title in Lima (2026)

Two numbers per role: local market (verified national stats, OECD estimate, or COLI fallback — same badges as /is-my-salary-good/) and a lifestyle equivalent (NYC baseline × city COLI / 100). The equivalent is not market pay. Senior column is COLI-scaled.

Job Title Local market (mid) Lifestyle equivalent (mid) COLI senior equivalent
Doctor (General)S/80,024
OECD / estimated · Estimated · INEI Peru
S/172,052
COLI equivalent
S/334,545
SurgeonS/124,482
OECD / estimated · Estimated · INEI Peru
S/267,636
COLI equivalent
S/477,922
DentistS/71,133
OECD / estimated · Estimated · INEI Peru
S/152,935
COLI equivalent
S/286,753
PharmacistS/41,679
OECD / estimated · Estimated · INEI Peru
S/119,480
COLI equivalent
S/191,169
NurseS/19,339
OECD / estimated · Estimated · INEI Peru
S/55,439
COLI equivalent
S/95,584
PsychologistS/28,342
OECD / estimated · Estimated · INEI Peru
S/81,247
COLI equivalent
S/143,377
Software EngineerS/37,789
OECD / estimated · Estimated · INEI Peru
S/81,247
COLI equivalent
S/172,052
DevOps EngineerS/42,235
OECD / estimated · Estimated · INEI Peru
S/90,805
COLI equivalent
S/167,273
Data ScientistS/42,235
OECD / estimated · Estimated · INEI Peru
S/90,805
COLI equivalent
S/162,493
Mechanical EngineerS/28,898
OECD / estimated · Estimated · INEI Peru
S/74,556
COLI equivalent
S/133,818
Civil EngineerS/26,675
OECD / estimated · Estimated · INEI Peru
S/68,821
COLI equivalent
S/129,039
Electrical EngineerS/29,639
OECD / estimated · Estimated · INEI Peru
S/76,467
COLI equivalent
S/138,597
ArchitectS/26,675
OECD / estimated · Estimated · INEI Peru
S/68,821
COLI equivalent
S/124,260
UX DesignerS/33,343
OECD / estimated · Estimated · INEI Peru
S/71,688
COLI equivalent
S/133,818
Product ManagerS/44,458
OECD / estimated · Estimated · INEI Peru
S/95,584
COLI equivalent
S/181,610
Project ManagerS/26,675
OECD / estimated · Estimated · INEI Peru
S/76,467
COLI equivalent
S/143,377
Financial AnalystS/28,898
OECD / estimated · Estimated · INEI Peru
S/74,556
COLI equivalent
S/138,597
AccountantS/22,970
OECD / estimated · Estimated · INEI Peru
S/59,262
COLI equivalent
S/105,143
Business AnalystS/25,008
OECD / estimated · Estimated · INEI Peru
S/71,688
COLI equivalent
S/133,818
ConsultantS/30,009
OECD / estimated · Estimated · INEI Peru
S/86,026
COLI equivalent
S/172,052
Investment BankerS/55,572
OECD / estimated · Estimated · INEI Peru
S/143,377
COLI equivalent
S/334,545
ActuaryS/40,753
OECD / estimated · Estimated · INEI Peru
S/105,143
COLI equivalent
S/191,169
LawyerS/33,343
OECD / estimated · Estimated · INEI Peru
S/95,584
COLI equivalent
S/210,286
ParalegalS/17,339
OECD / estimated · Estimated · INEI Peru
S/49,704
COLI equivalent
S/81,247
Marketing ManagerS/24,007
OECD / estimated · Estimated · INEI Peru
S/68,821
COLI equivalent
S/129,039
Sales ManagerS/26,675
OECD / estimated · Estimated · INEI Peru
S/76,467
COLI equivalent
S/152,935
Graphic DesignerS/52,571
COLI estimate only — not market pay
S/52,571
COLI equivalent
S/95,584
Content WriterS/47,792
COLI estimate only — not market pay
S/47,792
COLI equivalent
S/86,026
HR ManagerS/23,340
OECD / estimated · Estimated · INEI Peru
S/66,909
COLI equivalent
S/124,260
Operations ManagerS/27,342
OECD / estimated · Estimated · INEI Peru
S/78,379
COLI equivalent
S/143,377
CEO / ExecutiveS/73,355
OECD / estimated · Estimated · INEI Peru
S/210,286
COLI equivalent
S/477,922
TeacherS/14,227
OECD / estimated · Estimated · INEI Peru
S/45,880
COLI equivalent
S/81,247
ProfessorS/28,157
OECD / estimated · Estimated · INEI Peru
S/90,805
COLI equivalent
S/172,052
Research ScientistS/25,193
OECD / estimated · Estimated · INEI Peru
S/81,247
COLI equivalent
S/148,156
PilotS/114,701
COLI estimate only — not market pay
S/114,701
COLI equivalent
S/238,961
ChefS/47,792
COLI estimate only — not market pay
S/47,792
COLI equivalent
S/95,584
JournalistS/49,704
COLI estimate only — not market pay
S/49,704
COLI equivalent
S/90,805

Salary ranges are estimates adjusted by Lima's COLI (25.8) relative to the New York baseline (100). Actual salaries depend on experience, company, and industry.

How Much Do You Need to Earn in Lima?

Understanding your take-home pay is critical when evaluating a move to Lima. With total deductions of approximately 19.2% (income tax + social security) in Peru and average one-bedroom rent of S/1,667/month, here is what a mid-range salary looks like:

S/71,688
Gross Annual (Mid-Range)
S/4,827
Monthly Take-Home

After taxes, a mid-range earner in Lima takes home approximately S/4,827 per month. With housing consuming roughly 30% of after-tax income, careful budgeting is essential in this very low cost city. Your purchasing power in Lima is 388% of what it would be in New York for the same nominal salary.

Neighborhoods in Lima

19 neighborhoods tracked with cost multipliers relative to the city average. This neighborhood-level data helps you understand exactly how costs vary within Lima.

NeighborhoodMultipliervs City Avg
San Isidro 1.30x +30%
Miraflores 1.28x +28%
Barranco 1.15x +15%
Surco 1.08x +8%
La Molina 1.05x +5%
San Borja 1.02x +2%
Magdalena 0.92x -8%
Jesús María 0.90x -10%
Pueblo Libre 0.88x -12%
Lince 0.85x -15%
San Miguel 0.85x -15%
Surquillo 0.82x -18%
Chorrillos 0.78x -22%
Los Olivos 0.75x -25%
Callao 0.72x -28%
La Victoria 0.72x -28%
Ate 0.72x -28%
San Juan de Lurigancho 0.68x -32%
Comas 0.65x -35%

Salary Comparison: Lima vs Other Cities

To maintain the same standard of living as $75,000 USD in Lima, here's what you'd need in other cities:

City COLI Equivalent Salary Difference
New York 100 $290,698 +74%
London 87.5 £191,536 +71%
Singapore 87.7 S$332,116 +71%
Dubai 72.4 AED 762,461 +64%
Berlin 51.2 €126,198 +50%
Tokyo 77.3 ¥34,809,637 +67%
Sydney 74.5 A$307,731 +65%
Toronto 62.3 C$245,200 +59%

Compare Lima With Other Cities

See detailed side-by-side comparisons of salaries, rent, taxes, and neighborhoods.

Lima vs Abu Dhabi Lima vs Amsterdam Lima vs Athens Lima vs Atlanta Lima vs Auckland Lima vs Austin Lima vs Bali (Denpasar) Lima vs Bangalore Lima vs Bangkok Lima vs Barcelona Lima vs Beijing Lima vs Berlin Lima vs Bogotá Lima vs Boston Lima vs Brussels Lima vs Bucharest Lima vs Budapest Lima vs Buenos Aires Lima vs Cairo Lima vs Cancún Lima vs Cape Town Lima vs Casablanca Lima vs Charlotte Lima vs Chennai Lima vs Chiang Mai Lima vs Chicago Lima vs Copenhagen Lima vs Dallas Lima vs Delhi Lima vs Denver Lima vs Doha Lima vs Dubai Lima vs Dublin Lima vs Edinburgh Lima vs Fukuoka Lima vs Geneva Lima vs Guangzhou Lima vs Hanoi Lima vs Helsinki Lima vs Ho Chi Minh City Lima vs Hong Kong Lima vs Houston Lima vs Istanbul Lima vs Jakarta Lima vs Krakow Lima vs Kuala Lumpur Lima vs Lagos Lima vs Las Vegas Lima vs Lisbon Lima vs London Lima vs Los Angeles Lima vs Luxembourg City Lima vs Madrid Lima vs Manila Lima vs Marrakech Lima vs Medellín Lima vs Melbourne Lima vs Mexico City Lima vs Miami Lima vs Milan Lima vs Minneapolis Lima vs Montevideo Lima vs Montreal Lima vs Mumbai Lima vs Munich Lima vs Málaga Lima vs Nairobi Lima vs Nashville Lima vs New York Lima vs Nice Lima vs Osaka Lima vs Oslo Lima vs Panama City Lima vs Paris Lima vs Perth Lima vs Philadelphia Lima vs Phnom Penh Lima vs Phoenix Lima vs Phuket Lima vs Playa del Carmen Lima vs Portland Lima vs Porto Lima vs Prague Lima vs Raleigh Lima vs Riga Lima vs Riyadh Lima vs Rome Lima vs San Diego Lima vs San Francisco Lima vs San José (CR) Lima vs Santiago Lima vs Seattle Lima vs Seoul Lima vs Shanghai Lima vs Shenzhen Lima vs Singapore Lima vs Split Lima vs Stockholm Lima vs Sydney Lima vs São Paulo Lima vs Taipei Lima vs Tallinn Lima vs Tampa Lima vs Tel Aviv Lima vs Tokyo Lima vs Toronto Lima vs Valencia Lima vs Vancouver Lima vs Vienna Lima vs Warsaw Lima vs Washington DC Lima vs Zurich

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Frequently Asked Questions

What is the cost of living index for Lima?

The cost of living index (COLI) for Lima is 25.8, which ranks #93 out of 113 cities globally. New York is the baseline at 100.

How much salary do I need in Lima to match $75,000 in New York?

To maintain the same purchasing power as $75,000 USD in New York, you would need approximately S/71,688 in Lima.

What is the average rent in Lima?

The average monthly rent for a one-bedroom apartment in the city center of Lima is approximately S/1,667 per month (local currency).

What are the total payroll deductions in Peru?

The approximate effective income tax rate for a mid-range earner in Peru is approximately 6%. Including social security and other mandatory contributions, total deductions are approximately 19.2%.

What are the cheapest neighborhoods in Lima?

The most affordable neighborhoods include Ate, San Juan de Lurigancho, Comas.

What are the most expensive areas in Lima?

The most expensive neighborhoods are San Isidro, Miraflores, Barranco.

Data Sources & Methodology

Our cost of living index (COLI) uses New York City as the baseline (COLI = 100). Indices are derived from multiple sources including Numbeo, Expatistan, and national statistics agencies. Exchange rates are sourced from the European Central Bank.

Tax rates represent approximate effective rates for mid-range earners based on OECD Taxing Wages data and do not constitute tax advice. Neighborhood cost multipliers are estimated from local rental indices and property data. Salary ranges are modeled by adjusting global baseline figures by each city's COLI.

Last updated: 2026-08-31. Data is refreshed periodically and may not reflect very recent changes. All figures are estimates for informational purposes only.

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