Cost of living in Peru for expats
A realistic monthly budget for one person living comfortably in Peru — rent, food, transport, and everyday costs in Lima.
$900–1,400
One person, all-in, in Lima
$700–1,100
1-bedroom city-centre apartment, per month
Budget
under ~$1,500/mo
What makes Peru stand out, and what to watch for
Why expats choose Peru
One of the cheaper capitals in the region, with famous cuisine and coastal Miraflores and Barranco offering a walkable, café-heavy expat base.
Watch out for
A modern furnished one-bed in Miraflores or San Isidro costs far more than local neighbourhoods, and grey coastal weather plus traffic wear on some.
Costs vary a lot by city, neighbourhood, and lifestyle — these are directional monthly bands for the main expat city, current as of 2026. Treat them as a starting point, not a quote. Information only, not financial advice.
Cost of living elsewhere in Latin America
Peru, side by side
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