LimavsNew York
Overall
💰+138.1%
Lima is 138.1%more expensive
Rent
🏠+257.1%
Housing is 257.1% higher
Dining
🍽️+185.7%
Restaurants 185.7% pricier
Groceries
🛒+122.2%
Food shopping 122.2% more
Comparing the cost of living between Lima, Peru and New York, United States reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is more expensive than New York by approximately 138.1%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.
Key Cost Differences
Housing costs in Lima are lower than in New York by 72%. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in New York is approximately $3,500.
Dining out in Lima offers significant savings compared to New York. An inexpensive restaurant meal costs PEN 15 in Lima versus $20 in New York.
Public transportation in Lima is more affordable, with monthly passes at PEN 100 compared to $127 in New York.
Purchasing power in New York is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Lima.
Grocery shopping in Lima is more affordable by approximately 55%. Basic items like milk, bread, and eggs show lower prices across the board.
Monthly Budget Breakdown
When breaking down monthly expenses, a single person in Lima can expect to spend approximately PEN 867 per month (excluding rent), while in New York, the same lifestyle would cost around $779. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus $2,727 in New York. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.
Detailed Cost Comparison
🏠 Housing Costs (Monthly Rent)
🍽️ Food & Dining
🛒 Groceries
🚌 Transportation
💡 Utilities & Internet
Tips for Moving Between Cities
For those considering a move from Lima to New York, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from New York to Lima requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.
Quality of Life Indices
Lima
New York
Frequently Asked Questions
Is Lima more expensive than New York?
Yes, Lima is approximately 138.1% more expensive than New York overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Lima compared to New York?
To maintain the same standard of living, you would need approximately 2.4x of your New York salary when living in Lima. For example, if you earn $50,000 in New York, you'd need about $119,048 in Lima for a comparable lifestyle.
What are the biggest cost differences between Lima and New York?
The most significant cost difference is in housing. Rent prices differ by approximately 72%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.
Which city is better for expats and digital nomads?
New York offers better purchasing power, making it more attractive for those earning in strong currencies. However, New York provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize cultural experiences, or New York for better value.
What's a reasonable monthly budget for Lima vs New York?
In Lima, a single person needs approximately PEN 2,067 per month (including rent), while a family of four requires about PEN 5,235. In New York, these figures are $3,279 for singles and $7,227 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Lima and New York in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.
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Find out how much you need to earn in New York to maintain your lifestyle from Lima
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