Is Miraflores or Barranco cheaper in Lima?

Barranco is approximately 10% cheaper than Miraflores in Lima, based on rent and local cost-of-living multipliers.

What is the rent difference between Miraflores and Barranco in Lima?

Estimated 1-bedroom rent in Miraflores is S/2,134/month, compared to S/1,917/month in Barranco.

What are the cost-of-living multipliers for Miraflores and Barranco?

Miraflores has a cost multiplier of 1.28x and Barranco has 1.15x relative to the Lima average. Higher multipliers mean higher living costs in that neighborhood.

What salary do I need in Miraflores vs Barranco?

A $75,000 USD salary is equivalent to approximately S/91,694 in Miraflores and S/82,525 in Barranco, after adjusting for neighborhood-level cost of living in Lima.

How do I compare the cost of living between Miraflores and Barranco?

Use the salary converter at salary-converter.com to compare Miraflores and Barranco in Lima. The tool accounts for rent, groceries, transport, utilities, healthcare, and tax differences at the neighborhood level.

Miraflores vs Barranco

Neighborhood comparison in Lima, Peru

Miraflores

33.0

COLI Index

More Expensive

Barranco

29.7

COLI Index

More Affordable

Side-by-Side Comparison

1.28x

Miraflores Multiplier

1.15x

Barranco Multiplier

S/2,134

Est. 1BR Rent

S/1,917

Est. 1BR Rent

S/91,694

$75K Equivalent

S/82,525

$75K Equivalent

Cost Comparison

Miraflores

1.28x

Barranco

1.15x

Miraflores is 10% more expensive than Barranco within Lima. Living in Barranco instead of Miraflores could save you significantly on rent and daily expenses.

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Data Sources: Cost of living data from Numbeo · Expatistan. Rent from Numbeo Property Prices. Tax rates from OECD Taxing Wages. Salary data from BLS · Glassdoor. Exchange rates from the ECB. Updated 2026-02-28. All figures are estimates.