LimavsSingapore
Overall
💰+126.2%
Lima is 126.2%more expensive
Rent
🏠+221.4%
Housing is 221.4% higher
Dining
🍽️+128.6%
Restaurants 128.6% pricier
Groceries
🛒+88.9%
Food shopping 88.9% more
Comparing the cost of living between Lima, Peru and Singapore, Singapore reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is more expensive than Singapore by approximately 126.2%. 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 Singapore by 69%. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in Singapore is approximately SGD 3,500.
Dining out in Lima offers significant savings compared to Singapore. An inexpensive restaurant meal costs PEN 15 in Lima versus SGD 15 in Singapore.
Public transportation in Lima is more affordable, with monthly passes at PEN 100 compared to SGD 120 in Singapore.
Purchasing power in Singapore 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 47%. 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 Singapore, the same lifestyle would cost around SGD 777. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus SGD 2,720 in Singapore. 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 Singapore, 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 Singapore 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
Singapore
Frequently Asked Questions
Is Lima more expensive than Singapore?
Yes, Lima is approximately 126.2% more expensive than Singapore overall. The biggest differences are in housing and restaurant prices.
How much salary do I need in Lima compared to Singapore?
To maintain the same standard of living, you would need approximately 2.3x of your Singapore salary when living in Lima. For example, if you earn $50,000 in Singapore, you'd need about $113,095 in Lima for a comparable lifestyle.
What are the biggest cost differences between Lima and Singapore?
The most significant cost difference is in housing. Rent prices differ by approximately 69%, making it a major factor in your budget planning. Transportation and utilities show smaller variations between the two cities.
Which city is better for expats and digital nomads?
Singapore offers better purchasing power, making it more attractive for those earning in strong currencies. However, Singapore provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize cultural experiences, or Singapore for better value.
What's a reasonable monthly budget for Lima vs Singapore?
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 Singapore, these figures are SGD 3,277 for singles and SGD 7,220 for families. These estimates include housing, food, transportation, and basic entertainment.
The cost of living comparison between Lima and Singapore 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.
Need to calculate salary equivalence?
Find out how much you need to earn in Singapore to maintain your lifestyle from Lima
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