Is Barranco Expensive?

Lima, Peru

+15% vs Lima avg

Living in Barranco, Lima

Barranco is one of the pricier neighborhoods in Lima, with a cost of living index of 29.7 — that is +15% compared to the Lima average. It ranks #3 out of 19 areas by cost. Estimated rent for a one-bedroom apartment here is around S/1,917/month, compared to a range of S/1,084 in Comas to S/2,167 in San Isidro.

Monthly Budget Breakdown

For a typical resident of Barranco, housing takes up roughly 34% of monthly expenses. Food and groceries account for about 20%, while transportation costs around 10%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately S/76,690 before tax.

Typical Salaries in Barranco

Salaries in Barranco reflect the local cost of living. Based on the neighborhood COLI of 29.7:

After tax and deductions of 20.3% in Peru, take-home pay for someone earning S/76,690 would be roughly S/61,122/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

29.7
COLI Index
1.15x
vs City Avg
S/1,917
Est. 1BR Rent
#3
of 19 Areas
20.3%
Total Deductions

Tax & Deductions in Barranco

Estimated annual deductions on a S/82,525 salary in Barranco, Lima (local employee).

Income Tax
7%
ONP/AFP + EsSalud
13.0%
Total Deductions: 20.3%
Est. Take-Home: S/65,788/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Barranco would need to be elsewhere:

City Currency Equivalent
New York USD $22,275
London GBP £19,170
Dubai AED AED 111,459

Other Neighborhoods in Lima

Neighborhood COLI Multiplier vs Avg
San Isidro 33.5 1.30x +30%
Miraflores 33.0 1.28x +28%
Surco 27.9 1.08x +8%
La Molina 27.1 1.05x +5%
San Borja 26.3 1.02x +2%

View all 19 neighborhoods in Lima →

Convert Your Salary

See exactly what you need to earn in Barranco, Lima to maintain your lifestyle.

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Compare Barranco

Barranco vs Miraflores Barranco vs San Isidro

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Barranco:

Muthaiga, Nairobi Wola, Warsaw Hout Bay, Cape Town Beşiktaş, Istanbul District 7 (Phu My Hung), Ho Chi Minh City Quiet Centre, Riga

Frequently Asked Questions

Is Barranco expensive in Lima?

Yes, Barranco is one of the more expensive neighborhoods in Lima. It costs about +15% more than the city average, ranking #3 out of 19 neighborhoods.

How does Barranco compare to the Lima average?

The cost of living in Barranco is above the Lima average. With a multiplier of 1.15x, everyday expenses including rent, food, and transportation are +15% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.