Last update: Nov 2026

Cost of Living Comparison Between Franklin, TN and Lima

For one person, living is cheaper in Lima: $1,042 a month against $3,130 in Franklin, TN, rent and utilities included – about $25,100 less a year. Rent and utilities account for most of the difference.

149

Cost of Living Index in Franklin, TN
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Franklin, TN Living Index
50

Cost of Living Index in Lima
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Lima Living Index

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Franklin, TN

🇺🇸 United States

$3,130

/mo nomad

Lima

🇵🇪 Peru

$1,042

/mo nomad

Monthly Cost of Living

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

A single person spends $3,130 per month in Franklin, TN vs $1,042 in Lima, rent included.

Franklin, TN $3,130
Lima $1,042

A couple spends around $4,504 per month in Franklin, TN vs $1,651 in Lima, rent included.

Franklin, TN $4,504
Lima $1,651

A family of three spends $5,878 per month in Franklin, TN vs $2,259 in Lima, rent included.

Franklin, TN $5,878
Lima $2,259

Franklin, TN costs about 200% more than Lima, and outside of rent the biggest gap is in eating out.

Franklin, TN sits 131% above the global median, while Lima is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$28.37 $28.37

$4.64 PEN 15.95

511.42%

Three-Course Dinner for Two, Mid-Range

$88.5 $88.5

$34.34 PEN 118

157.75%

Fast Food Meal (McDonalds, etc)

$11.92 $11.92

$7.01 PEN 24.12

70.04%

Cappuccino

$7.09 $7.09

$3.22 PEN 11.09

120.19%

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

$3.36 $3.36

$1.13 PEN 3.90

197.35%

Water (0.33 liter bottle)

$2.38 $2.38

$0.61 PEN 2.09

290.16%

Local Beer (0.5 liter draught)

$7.64 $7.64

$2.93 PEN 10.08

160.75%

Imported Beer (0.33 liter bottle)

$7.90 $7.90

$4.25 PEN 14.63

85.88%

Milk (1 liter)

$1.35 $1.35

$1.58 PEN 5.44

-14.56%

White Bread (500g)

$3.81 $3.81

$2.61 PEN 8.98

45.98%

Rice (white) (1kg)

$1.30 PEN 4.47

Eggs

$5.62 $5.62

$2.92 PEN 10.05

92.47%

Local Cheese (1kg)

$15.60 $15.60

$9.54 PEN 32.82

63.52%

Chicken Fillets (1kg)

$17.61 $17.61

$5.71 PEN 19.66

208.41%

Beef Round Steak (1kg)

$9.47 PEN 32.58

Apples (1kg)

$3.84 $3.84

$2.01 PEN 6.91

91.04%

Banana (1kg)

$1.94 $1.94

$1.02 PEN 3.52

90.20%

Oranges (1kg)

$1.45 PEN 4.99

Tomato (1kg)

$1.49 PEN 5.14

Potato (1kg)

$1.98 $1.98

$0.91 PEN 3.14

117.58%

Onion (1kg)

$2.20 $2.20

$0.89 PEN 3.07

147.19%

Lettuce (1 head)

$2.44 $2.44

$0.86 PEN 2.97

183.72%

Water (1.5 liter bottle)

$0.89 PEN 3.06

Cigarettes 20 Pack (Marlboro, Camel)

$9.45 $9.45

$5.47 PEN 18.83

72.76%

Wine (Bottle)

$13.24 $13.24

$10.17 PEN 35.00

30.19%

Local Beer (0.5 liter bottle)

$1.81 PEN 6.21

Imported Beer (0.33 liter bottle)

$3.15 PEN 10.84

One-way Ticket (Public Transport)

$0.97 $0.97

$0.66 PEN 2.28

46.97%

Public Transport Monthly Pass (Regular Price)

$59.6 $59.6

$31.89 PEN 110

86.80%

Taxi Start (Normal Tariff)

$3.43 PEN 11.79

Taxi (Normal Tariff) (1km)

$1.98 PEN 6.80

Taxi 1hour Waiting (Normal Tariff)

$9.60 PEN 33.04

Gasoline (1 liter)

$0.86 $0.86

$1.71 PEN 5.89

-49.71%

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

$27.9K $27.9K

$21.9K PEN 75.3K

27.75%

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

$27.6K $27.6K

$29.0K PEN 100.0K

-5.13%

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

$213 $213

$65.8 PEN 227

224.02%

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

$116 $116

$15.26 PEN 52.5

657.01%

Internet (50+ Mbps, Unlimited Data)

$92.7 $92.7

$26.87 PEN 92.5

245.03%

Gym Membership (Monthly)

$57.9 $57.9

$32.91 PEN 113

76.03%

Tennis Court (1 Hour on Weekend)

$20.12 PEN 69.2

Cinema Ticket

$15.79 $15.79

$7.12 PEN 24.49

121.77%

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

$406 $406

$309 PEN 1,064

31.42%

International Primary School, 1 Child (Yearly)

$19.3K $19.3K

$21.4K PEN 73.5K

-9.52%

Jeans (Levis 501 Or Similar)

$102 $102

$52.0 PEN 179

95.56%

Summer Dress (H&M, Zara, etc)

$65.7 $65.7

$35.69 PEN 123

84.09%

Sport Shoes (Adidas, Nike)

$73.8 $73.8

$81.8 PEN 281

-9.78%

Men's Leather Business Shoes

$109 $109

$78.0 PEN 268

40.02%

1-bedroom Apartment, City Center (Monthly)

$1,915 $1,915

$727 PEN 2,501

163.49%

1-bedroom Apartment, Outside City Center (Monthly)

$1,687 $1,687

$373 PEN 1,284

352.08%

3-bedroom Apartment, City Center (Monthly)

$3,165 $3,165

$1,249 PEN 4,297

153.51%

3-bedroom Apartment, Outside City Center (Monthly)

$2,700 $2,700

$739 PEN 2,544

265.27%

Buy Apartment in City Center (m2)

$3,590 $3,590

$2,380 PEN 8,191

50.84%

Buy Apartment Outside City Center (m2)

$2,987 $2,987

$1,365 PEN 4,697

118.85%

Average Monthly Net Salary (After Tax)

$6,070 $6,070

$650 PEN 2,238

833.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

8.38

-21.36%

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

Last update for Franklin, TN: November 1, 2026

Last update for Lima: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Franklin, TN

$1.7K 53.9%

Lima

$373 35.8% 77.9% $1.3K

Eating Out

Franklin, TN

$425 13.6%

Lima

$127 12.2% 70.1% $298

Monthly Utilities & Internet

Franklin, TN

$422 13.5%

Lima

$108 10.4% 74.4% $314

Groceries & Markets

Franklin, TN

$286 * 9.2%

Lima

$228 21.9% 20.3% $58

Clothing & Footwear

Franklin, TN

$158 5%

Lima

$111 10.7% 29.4% $46

Sport & Entertainment

Franklin, TN

$90 2.9%

Lima

$47 4.5% 47.3% $42

Getting Around

Franklin, TN

$63 * 2%

Lima

$48 4.6% 24.6% $16

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

Cost Breakdown

A central one-bedroom costs $1,915 in Franklin, TN 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 Franklin, TN are about 9.3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $89 in Franklin, TN versus $34 in Lima. Monthly groceries follow the same trend: $286 vs $228 – making Lima the more affordable choice for daily food spending.

Good to know

🇺🇸 Franklin, TN

🇵🇪 Lima

🕒 Local time

07:43 7:43 AM

08:43 8:43 AM

1 h ahead of Franklin, TN

🌤 Weather

👥 Population

83,454

9,989,369 Capital

💱 Currency

United States Dollar USD $

Peruvian Sol PEN S/

📈 Exchange rate

1 USD = 0.89 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 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Peruvian Sol exchange rates as of November 6, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.87 PEN (1 PEN = 0.259 EUR).

PEN to USD in detail →

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Between locations

Franklin, TN Lima 5,430 km ≈ 7 h nonstop flight

From you

Franklin, TN
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

Franklin, TN vs Lima: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,130 in Franklin, TN, $1,042 in Lima – Lima comes out roughly 67% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $4,695 per month in Franklin, TN 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 $1,915 in Franklin, TN.

Public transport costs about 46% less in Lima. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $406 per month in Franklin, TN and $309 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 $1,042, than in Franklin, TN at $3,130. In Lima it covers expenses comfortably, while in Franklin, TN it requires careful planning or may not stretch far enough.

It depends on your priorities. Lima has an edge in some lifestyle areas, with costs from $1,042 in Lima to $3,130 in Franklin, TN. Climate, culture, job market, and personal taste all factor in.

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