Cost of Living in Peru
for Expats 2026

Rent in Lima's upscale Miraflores or San Isidro districts runs $600–$1,200/month for a furnished 1-bedroom apartment, while Barranco offers a bohemian alternative at $400–$800. Secondary cities like Arequipa and Cusco drop to $250–$500/month for comparable accommodations. Expats can find modern furnished apartments in gated communities with amenities for $800–$1,500 in Lima's top neighborhoods, representing extraordinary value by international standards.

Peru's local markets (mercados) are exceptionally affordable — a full week of fresh produce, meat, and staples costs $30–$50 for one person. Imported goods carry a 30–50% premium over local equivalents. Eating out at local restaurants (cevicherías, menú del día) costs $3–$7 per meal; mid-range restaurants $15–$25 per person. Monthly food budget: $200–$350 for home cooking, $350–$550 mixing local dining.

Lima's Metropolitano BRT system and Línea 1 metro cost under $0.50 per trip; a monthly pass runs approximately $25–$35. Taxis and Uber/InDriver are cheap by Western standards — cross-city rides cost $3–$8. Car ownership is feasible but Lima traffic is notoriously congested; many expats in walkable neighborhoods like Miraflores prefer rideshares.

EsSalud (public system) requires formal employment enrollment; most expats use private clinics, which are excellent and affordable. Private health insurance for expats costs $80–$200/month. GP consultations at reputable private clinics: $30–$60; specialist visits $50–$100. Lima's top hospitals (Clínica Ricardo Palma, Anglo-American Hospital) meet international standards.