Last update: Nov 2026

Cost of Living Comparison Between Fargo, ND and Lima

For one person, living is cheaper in Lima: $1,042 a month against $2,137 in Fargo, ND, rent and utilities included – about $13,100 less a year. Rent and utilities account for about half of the difference.

102

Cost of Living Index in Fargo, ND
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Fargo, ND Living Index
50

Cost of Living Index in Lima
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Lima Living Index

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Fargo, ND

🇺🇸 United States

$2,137

/mo nomad

Lima

🇵🇪 Peru

$1,042

/mo nomad

Monthly Cost of Living

How much you'll spend in Fargo, ND 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 Fargo, ND and in Lima actually costs, broken down by who's living it.

A single person spends $2,137 per month in Fargo, ND vs $1,042 in Lima, rent included.

Fargo, ND $2,137
Lima $1,042

A couple spends around $3,313 per month in Fargo, ND vs $1,651 in Lima, rent included.

Fargo, ND $3,313
Lima $1,651

A family of three spends $4,490 per month in Fargo, ND vs $2,259 in Lima, rent included.

Fargo, ND $4,490
Lima $2,259

Fargo, ND costs about 105% more than Lima, and outside of rent the biggest gap is in groceries.

Fargo, ND sits 58% above the global median, while Lima is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.07 $16.07

$4.64 PEN 15.96

246.34%

Three-Course Dinner for Two, Mid-Range

$60.2 $60.2

$34.34 PEN 118

75.25%

Fast Food Meal (McDonalds, etc)

$12.82 $12.82

$7.01 PEN 24.13

82.88%

Cappuccino

$5.14 $5.14

$3.22 PEN 11.09

59.63%

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

$2.59 $2.59

$1.13 PEN 3.90

129.20%

Water (0.33 liter bottle)

$1.98 $1.98

$0.61 PEN 2.09

224.59%

Local Beer (0.5 liter draught)

$4.96 $4.96

$2.93 PEN 10.08

69.28%

Imported Beer (0.33 liter bottle)

$9.24 $9.24

$4.25 PEN 14.64

117.41%

Milk (1 liter)

$1.23 $1.23

$1.58 PEN 5.44

-22.15%

White Bread (500g)

$3.42 $3.42

$2.61 PEN 8.98

31.03%

Rice (white) (1kg)

$7.43 $7.43

$1.30 PEN 4.47

471.54%

Eggs

$3.97 $3.97

$2.92 PEN 10.05

35.96%

Local Cheese (1kg)

$14.56 $14.56

$9.54 PEN 32.83

52.62%

Chicken Fillets (1kg)

$15.28 $15.28

$5.71 PEN 19.66

167.60%

Beef Round Steak (1kg)

$21.77 $21.77

$9.47 PEN 32.59

129.88%

Apples (1kg)

$10.54 $10.54

$2.01 PEN 6.91

424.38%

Banana (1kg)

$2.52 $2.52

$1.02 PEN 3.52

147.06%

Oranges (1kg)

$6.60 $6.60

$1.45 PEN 4.99

355.17%

Tomato (1kg)

$5.43 $5.43

$1.49 PEN 5.14

264.43%

Potato (1kg)

$4.95 $4.95

$0.91 PEN 3.14

443.96%

Onion (1kg)

$3.75 $3.75

$0.89 PEN 3.07

321.35%

Lettuce (1 head)

$2.02 $2.02

$0.86 PEN 2.97

134.88%

Water (1.5 liter bottle)

$2.73 $2.73

$0.89 PEN 3.06

206.74%

Cigarettes 20 Pack (Marlboro, Camel)

$8.86 $8.86

$5.47 PEN 18.84

61.97%

Wine (Bottle)

$19.15 $19.15

$10.17 PEN 35.01

88.30%

Local Beer (0.5 liter bottle)

$2.59 $2.59

$1.81 PEN 6.22

43.09%

Imported Beer (0.33 liter bottle)

$5.53 $5.53

$3.15 PEN 10.84

75.56%

One-way Ticket (Public Transport)

$1.97 $1.97

$0.66 PEN 2.28

198.48%

Public Transport Monthly Pass (Regular Price)

$41.49 $41.49

$31.89 PEN 110

30.10%

Taxi Start (Normal Tariff)

$4.37 $4.37

$3.43 PEN 11.80

27.41%

Taxi (Normal Tariff) (1km)

$1.98 PEN 6.80

Taxi 1hour Waiting (Normal Tariff)

$9.60 PEN 33.05

Gasoline (1 liter)

$1.00 $1.00

$1.71 PEN 5.89

-41.52%

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

$26.8K $26.8K

$21.9K PEN 75.3K

22.72%

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

$25.6K $25.6K

$29.0K PEN 100.0K

-11.82%

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

$135 $135

$65.8 PEN 227

104.79%

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

$56.2 $56.2

$15.26 PEN 52.5

268.02%

Internet (50+ Mbps, Unlimited Data)

$56.5 $56.5

$26.87 PEN 92.5

110.35%

Gym Membership (Monthly)

$51.7 $51.7

$32.91 PEN 113

57.06%

Tennis Court (1 Hour on Weekend)

$20.12 PEN 69.3

Cinema Ticket

$14.01 $14.01

$7.12 PEN 24.50

96.77%

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

$1,222 $1,222

$309 PEN 1,064

295.40%

International Primary School, 1 Child (Yearly)

$11.0K $11.0K

$21.4K PEN 73.5K

-48.39%

Jeans (Levis 501 Or Similar)

$50.3 $50.3

$52.0 PEN 179

-3.31%

Summer Dress (H&M, Zara, etc)

$45.87 $45.87

$35.69 PEN 123

28.52%

Sport Shoes (Adidas, Nike)

$83.9 $83.9

$81.8 PEN 282

2.60%

Men's Leather Business Shoes

$102 $102

$78.0 PEN 268

30.54%

1-bedroom Apartment, City Center (Monthly)

$966 $966

$727 PEN 2,502

32.89%

1-bedroom Apartment, Outside City Center (Monthly)

$814 $814

$373 PEN 1,284

118.23%

3-bedroom Apartment, City Center (Monthly)

$2,233 $2,233

$1,249 PEN 4,298

78.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,548 $1,548

$739 PEN 2,544

109.46%

Buy Apartment in City Center (m2)

$2,392 $2,392

$2,380 PEN 8,193

0.49%

Buy Apartment Outside City Center (m2)

$1,697 $1,697

$1,365 PEN 4,698

24.32%

Average Monthly Net Salary (After Tax)

$3,827 $3,827

$650 PEN 2,238

488.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

8.38

-23.27%

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

Last update for Fargo, ND: November 2, 2026

Last update for Lima: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Fargo, ND

$814 38.1%

Lima

$373 35.8% 54.2% $441

Groceries & Markets

Fargo, ND

$524 24.5%

Lima

$228 21.9% 56.5% $296

Eating Out

Fargo, ND

$290 13.6%

Lima

$127 12.2% 56.3% $163

Monthly Utilities & Internet

Fargo, ND

$247 11.6%

Lima

$108 10.4% 56.4% $140

Clothing & Footwear

Fargo, ND

$127 5.9%

Lima

$111 10.7% 12.2% $15

Sport & Entertainment

Fargo, ND

$80 3.7%

Lima

$47 4.5% 40.9% $33

Getting Around

Fargo, ND

$54 * 2.5%

Lima

$48 4.6% 11% $5.9

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

Cost Breakdown

A central one-bedroom costs $966 in Fargo, ND versus $727 in Lima. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Fargo, ND are about 5.9 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $60 in Fargo, ND versus $34 in Lima. Monthly groceries follow the same trend: $524 vs $228 – making Lima the more affordable choice for daily food spending.

Good to know

🇺🇸 Fargo, ND

🇵🇪 Lima

🕒 Local time

17:47 5:47 PM

18:47 6:47 PM

1 h ahead of Fargo, ND

🌤 Weather

👥 Population

90,056

9,989,369 Capital

💱 Currency

United States Dollar USD $

Peruvian Sol PEN S/

📈 Exchange rate

1 USD = 0.891 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 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 November 5, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Peruvian Sol exchange rates as of November 5, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

PEN to USD in detail →

On the map

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Between locations

Fargo, ND Lima 6,840 km ≈ 9 h nonstop flight

From you

Fargo, ND
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

Fargo, ND vs Lima: Cost of Living - Frequently Asked Questions

Fargo, ND costs about 105% more than Lima, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,205 per month in Fargo, ND and $1,564 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: a one-bedroom in the center costs $727 there versus $966 in Fargo, ND.

A mid-range dinner for two costs $60 in Fargo, ND and $34 in Lima. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,137 in Fargo, ND and $1,042 in Lima. That makes Lima about 51% cheaper.

A $2,000 monthly budget goes further in Lima, where all-in costs run around $1,042, than in Fargo, ND at $2,137. In Lima it covers expenses comfortably, while in Fargo, ND it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Lima costs $1,042 versus $2,137 in Fargo, ND. Both appeal to remote workers, and the cost gap matters when income varies month to month.

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