Last update: Oct 2026

Cost of Living Comparison Between Banning, CA and Lima

For one person, living is cheaper in Lima: $996 a month against $2,932 in Banning, CA, rent and utilities included – about $23,200 less a year. Rent and utilities account for most of the difference.

145

Cost of Living Index in Banning, CA
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Banning, CA Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Banning, CA

🇺🇸 United States

$2,932

/mo nomad

Lima

🇵🇪 Peru

$996

/mo nomad

Monthly Cost of Living

How much you'll spend in Banning, CA and in Lima

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Banning, CA and in Lima actually costs, broken down by who's living it.

A single person spends $2,932 per month in Banning, CA vs $996 in Lima, rent included.

Banning, CA $2,932
Lima $996

A couple spends around $4,670 per month in Banning, CA vs $1,594 in Lima, rent included.

Banning, CA $4,670
Lima $1,594

A family of three spends $6,409 per month in Banning, CA vs $2,191 in Lima, rent included.

Banning, CA $6,409
Lima $2,191

Banning, CA costs about 194% more than Lima, and outside of rent the biggest gap is in eating out.

Banning, CA sits 119% above the global median, while Lima is 26% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.70 $17.70

$4.42 PEN 15.16

300.45%

Three-Course Dinner for Two, Mid-Range

$44.71 $44.71

$35.04 PEN 120

27.60%

Fast Food Meal (McDonalds, etc)

$14.76 $14.76

$6.84 PEN 23.44

115.79%

Cappuccino

$5.99 $5.99

$3.27 PEN 11.22

83.18%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.92 $1.92

$1.10 PEN 3.78

74.55%

Water (0.33 liter bottle)

$1.23 $1.23

$0.65 PEN 2.22

89.23%

Local Beer (0.5 liter draught)

$6.91 $6.91

$2.58 PEN 8.85

167.83%

Imported Beer (0.33 liter bottle)

$8.67 $8.67

$4.47 PEN 15.34

93.96%

Milk (1 liter)

$1.25 $1.25

$1.59 PEN 5.46

-21.38%

White Bread (500g)

$2.72 $2.72

$2.58 PEN 8.86

5.43%

Rice (white) (1kg)

$4.61 $4.61

$1.36 PEN 4.65

238.97%

Eggs

$4.62 $4.62

$2.95 PEN 10.11

56.61%

Local Cheese (1kg)

$8.20 $8.20

$9.10 PEN 31.19

-9.89%

Chicken Fillets (1kg)

$16.24 $16.24

$5.81 PEN 19.91

179.52%

Beef Round Steak (1kg)

$19.95 $19.95

$9.83 PEN 33.68

102.95%

Apples (1kg)

$5.04 $5.04

$2.01 PEN 6.89

150.75%

Banana (1kg)

$2.23 $2.23

$1.08 PEN 3.69

106.48%

Oranges (1kg)

$4.33 $4.33

$1.37 PEN 4.70

216.06%

Tomato (1kg)

$4.33 $4.33

$1.48 PEN 5.06

192.57%

Potato (1kg)

$3.17 $3.17

$0.96 PEN 3.30

230.21%

Onion (1kg)

$2.84 $2.84

$0.85 PEN 2.92

234.12%

Lettuce (1 head)

$1.97 $1.97

$0.88 PEN 3.02

123.86%

Water (1.5 liter bottle)

$1.60 $1.60

$0.87 PEN 2.97

83.91%

Cigarettes 20 Pack (Marlboro, Camel)

$8.97 $8.97

$5.90 PEN 20.24

52.03%

Wine (Bottle)

$14.86 $14.86

$8.81 PEN 30.21

68.67%

Local Beer (0.5 liter bottle)

$2.98 $2.98

$1.92 PEN 6.57

55.21%

Imported Beer (0.33 liter bottle)

$2.69 $2.69

$3.20 PEN 10.98

-15.94%

One-way Ticket (Public Transport)

$1.95 $1.95

$0.68 PEN 2.33

186.76%

Public Transport Monthly Pass (Regular Price)

$26.74 PEN 91.7

Taxi Start (Normal Tariff)

$3.15 $3.15

$3.81 PEN 13.06

-17.32%

Taxi (Normal Tariff) (1km)

$1.87 $1.87

$2.04 PEN 7.00

-8.33%

Taxi 1hour Waiting (Normal Tariff)

$32.67 $32.67

$7.14 PEN 24.49

357.56%

Gasoline (1 liter)

$1.47 $1.47

$1.65 PEN 5.65

-10.91%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.7K $36.7K

$22.2K PEN 76.0K

65.69%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$15.9K $15.9K

$25.7K PEN 88.0K

-38.10%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$281 $281

$73.0 PEN 250

285.27%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$56.7 $56.7

$16.26 PEN 55.7

248.52%

Internet (50+ Mbps, Unlimited Data)

$60.5 $60.5

$27.60 PEN 94.6

119.20%

Gym Membership (Monthly)

$40.70 $40.70

$33.07 PEN 113

23.07%

Tennis Court (1 Hour on Weekend)

$19.49 PEN 66.8

Cinema Ticket

$10.38 $10.38

$7.39 PEN 25.33

40.46%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,654 $1,654

$182 PEN 624

808.64%

International Primary School, 1 Child (Yearly)

$32.3K $32.3K

$13.3K PEN 45.7K

142.54%

Jeans (Levis 501 Or Similar)

$41.79 $41.79

$52.6 PEN 180

-20.49%

Summer Dress (H&M, Zara, etc)

$63.9 $63.9

$34.23 PEN 117

86.68%

Sport Shoes (Adidas, Nike)

$66.7 $66.7

$83.8 PEN 287

-20.43%

Men's Leather Business Shoes

$202 $202

$79.0 PEN 271

156.11%

1-bedroom Apartment, City Center (Monthly)

$1,680 $1,680

$723 PEN 2,479

132.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,590 $1,590

$340 PEN 1,166

367.42%

3-bedroom Apartment, City Center (Monthly)

$4,020 $4,020

$1,184 PEN 4,060

239.45%

3-bedroom Apartment, Outside City Center (Monthly)

$3,502 $3,502

$635 PEN 2,176

451.71%

Buy Apartment in City Center (m2)

$2,796 $2,796

$2,449 PEN 8,394

14.19%

Buy Apartment Outside City Center (m2)

$2,463 $2,463

$1,372 PEN 4,702

79.60%

Average Monthly Net Salary (After Tax)

$653 PEN 2,237

20-Year Fixed Mortgage Interest Rate (Annual %)

6.86

8.94

-23.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Banning, CA: October 3, 2026

Last update for Lima: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Banning, CA

$1.6K 53.5%

Lima

$340 33.6% 78.6% $1.2K

Groceries & Markets

Banning, CA

$412 13.9%

Lima

$226 22.4% 45.1% $186

Monthly Utilities & Internet

Banning, CA

$399 13.4%

Lima

$117 11.6% 70.7% $282

Eating Out

Banning, CA

$322 10.8%

Lima

$124 12.3% 61.5% $198

Clothing & Footwear

Banning, CA

$169 5.7%

Lima

$112 11.1% 33.4% $56

Sport & Entertainment

Banning, CA

$61 2.1%

Lima

$48 4.7% 22.1% $14

Getting Around

Banning, CA

$20 * 0.7%

Lima

$43 4.3% 115% $23

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,680 in Banning, CA versus $723 in Lima. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $45.00 in Banning, CA versus $35.00 in Lima. Monthly groceries follow the same trend: $412 vs $226 – making Lima the more affordable choice for daily food spending.

Good to know

🇺🇸 Banning, CA

🇵🇪 Lima

🕒 Local time

01:15 1:15 AM

03:15 3:15 AM

2 h ahead of Banning, CA

🌤 Weather

👥 Population

29,266

9,989,369 Capital

💱 Currency

United States Dollar USD $

Peruvian Sol PEN S/

📈 Exchange rate

1 USD = 0.892 EUR

1 PEN = 0.292 USD

1 PEN = 0.26 EUR

Exchange rates and currency converter

PEN, EUR to USD – United States Dollar Converter

🇵🇪 Peruvian Sol (S/)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.43 PEN (1 PEN = 0.292 USD). 1 EUR = 3.84 PEN (1 PEN = 0.26 EUR).

PEN to USD in detail →

On the map

Lowest

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Between locations

Banning, CA Lima 6,620 km ≈ 9 h nonstop flight

From you

Banning, CA
Lima

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Banning, CA vs Lima: Cost of Living - Frequently Asked Questions

Yes – Banning, CA is pricier by about 194%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,398 per month in Banning, CA and $1,494 in Lima. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lima, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,932 in Banning, CA and $996 in Lima. That's a gap of about 194%.

Kindergarten costs $1,654 per month in Banning, CA and $182 in Lima. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Lima, where all-in costs run around $996, than in Banning, CA at $2,932. In Lima it covers expenses comfortably, while in Banning, CA it requires careful planning or may not stretch far enough.

Families tend to lean toward Lima – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Lima. If higher salaries, better infrastructure, or specific career opportunities are the priority, Banning, CA makes more sense. Both are solid long-term options with distinct trade-offs.