Last update: Oct 2026

Cost of Living Comparison Between Hope, AR and Lima

For one person, living is cheaper in Lima: $1,042 a month against $2,539 in Hope, AR, rent and utilities included – about $18,000 less a year. Rent and utilities account for most of the difference.

122

Cost of Living Index in Hope, AR
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Hope, AR Living Index
50

Cost of Living Index in Lima
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Lima Living Index

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Hope, AR

🇺🇸 United States

$2,539

/mo nomad

Lima

🇵🇪 Peru

$1,042

/mo nomad

Monthly Cost of Living

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

A single person spends $2,539 per month in Hope, AR vs $1,042 in Lima, rent included.

Hope, AR $2,539
Lima $1,042

A couple spends around $3,730 per month in Hope, AR vs $1,651 in Lima, rent included.

Hope, AR $3,730
Lima $1,651

A family of three spends $4,921 per month in Hope, AR vs $2,259 in Lima, rent included.

Hope, AR $4,921
Lima $2,259

Hope, AR costs about 144% more than Lima, and outside of rent the biggest gap is in eating out.

Hope, AR sits 88% above the global median, while Lima is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.24 $20.24

$4.64 PEN 15.96

336.21%

Three-Course Dinner for Two, Mid-Range

$74.2 $74.2

$34.34 PEN 118

116.19%

Fast Food Meal (McDonalds, etc)

$10.12 $10.12

$7.01 PEN 24.13

44.37%

Cappuccino

$5.73 $5.73

$3.22 PEN 11.09

77.95%

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

$2.36 $2.36

$1.13 PEN 3.90

108.85%

Water (0.33 liter bottle)

$1.98 $1.98

$0.61 PEN 2.09

224.59%

Local Beer (0.5 liter draught)

$6.83 $6.83

$2.93 PEN 10.08

133.11%

Imported Beer (0.33 liter bottle)

$7.51 $7.51

$4.25 PEN 14.64

76.71%

Milk (1 liter)

$1.02 $1.02

$1.58 PEN 5.44

-35.44%

White Bread (500g)

$3.26 $3.26

$2.61 PEN 8.98

24.90%

Rice (white) (1kg)

$4.10 $4.10

$1.30 PEN 4.47

215.38%

Eggs

$3.24 $3.24

$2.92 PEN 10.05

10.96%

Local Cheese (1kg)

$5.86 $5.86

$9.54 PEN 32.83

-38.57%

Chicken Fillets (1kg)

$11.66 $11.66

$5.71 PEN 19.66

104.20%

Beef Round Steak (1kg)

$19.63 $19.63

$9.47 PEN 32.59

107.29%

Apples (1kg)

$4.67 $4.67

$2.01 PEN 6.91

132.34%

Banana (1kg)

$1.57 $1.57

$1.02 PEN 3.52

53.92%

Oranges (1kg)

$2.78 $2.78

$1.45 PEN 4.99

91.72%

Tomato (1kg)

$2.99 $2.99

$1.49 PEN 5.14

100.67%

Potato (1kg)

$2.67 $2.67

$0.91 PEN 3.14

193.41%

Onion (1kg)

$2.76 $2.76

$0.89 PEN 3.07

210.11%

Lettuce (1 head)

$2.01 $2.01

$0.86 PEN 2.97

133.72%

Water (1.5 liter bottle)

$2.82 $2.82

$0.89 PEN 3.06

216.85%

Cigarettes 20 Pack (Marlboro, Camel)

$10.12 $10.12

$5.47 PEN 18.84

85.01%

Wine (Bottle)

$19.85 $19.85

$10.17 PEN 35.01

95.18%

Local Beer (0.5 liter bottle)

$1.71 $1.71

$1.81 PEN 6.22

-5.52%

Imported Beer (0.33 liter bottle)

$3.34 $3.34

$3.15 PEN 10.84

6.03%

One-way Ticket (Public Transport)

$2.26 $2.26

$0.66 PEN 2.28

242.42%

Public Transport Monthly Pass (Regular Price)

$67.9 $67.9

$31.89 PEN 110

113.04%

Taxi Start (Normal Tariff)

$3.09 $3.09

$3.43 PEN 11.80

-9.91%

Taxi (Normal Tariff) (1km)

$1.96 $1.96

$1.98 PEN 6.80

-1.01%

Taxi 1hour Waiting (Normal Tariff)

$32.88 $32.88

$9.60 PEN 33.05

242.50%

Gasoline (1 liter)

$0.88 $0.88

$1.71 PEN 5.89

-48.54%

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)

$26.8K $26.8K

$29.0K PEN 100.0K

-7.77%

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

$203 $203

$65.8 PEN 227

208.13%

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

$47.48 $47.48

$15.26 PEN 52.5

211.14%

Internet (50+ Mbps, Unlimited Data)

$54.2 $54.2

$26.87 PEN 92.5

101.82%

Gym Membership (Monthly)

$40.69 $40.69

$32.91 PEN 113

23.64%

Tennis Court (1 Hour on Weekend)

$20.12 PEN 69.3

Cinema Ticket

$14.98 $14.98

$7.12 PEN 24.50

110.39%

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

$1,154 $1,154

$309 PEN 1,064

273.43%

International Primary School, 1 Child (Yearly)

$26.1K $26.1K

$21.4K PEN 73.5K

22.14%

Jeans (Levis 501 Or Similar)

$60.6 $60.6

$52.0 PEN 179

16.49%

Summer Dress (H&M, Zara, etc)

$39.08 $39.08

$35.69 PEN 123

9.50%

Sport Shoes (Adidas, Nike)

$85.2 $85.2

$81.8 PEN 282

4.22%

Men's Leather Business Shoes

$67.8 $67.8

$78.0 PEN 268

-13.10%

1-bedroom Apartment, City Center (Monthly)

$1,565 $1,565

$727 PEN 2,502

115.34%

1-bedroom Apartment, Outside City Center (Monthly)

$1,256 $1,256

$373 PEN 1,284

236.67%

3-bedroom Apartment, City Center (Monthly)

$2,589 $2,589

$1,249 PEN 4,298

107.37%

3-bedroom Apartment, Outside City Center (Monthly)

$2,106 $2,106

$739 PEN 2,544

184.94%

Buy Apartment in City Center (m2)

$2,817 $2,817

$2,380 PEN 8,193

18.33%

Buy Apartment Outside City Center (m2)

$2,174 $2,174

$1,365 PEN 4,698

59.24%

Average Monthly Net Salary (After Tax)

$650 PEN 2,238

20-Year Fixed Mortgage Interest Rate (Annual %)

6.51

8.38

-22.32%

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

Last update for Hope, AR: October 31, 2026

Last update for Lima: October 31, 2026

Monthly budget structure

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

Accommodation & Living

Hope, AR

$1.3K 49.5%

Lima

$373 35.8% 70.3% $883

Groceries & Markets

Hope, AR

$376 14.8%

Lima

$228 21.9% 39.4% $148

Eating Out

Hope, AR

$328 12.9%

Lima

$127 12.2% 61.3% $201

Monthly Utilities & Internet

Hope, AR

$305 12%

Lima

$108 10.4% 64.6% $197

Clothing & Footwear

Hope, AR

$114 4.5%

Lima

$111 10.7% 2.1% $2.3

Getting Around

Hope, AR

$90 3.5%

Lima

$48 4.6% 46.8% $42

Sport & Entertainment

Hope, AR

$71 2.8%

Lima

$47 4.5% 33.3% $24

Cost Breakdown

A central one-bedroom costs $1,565 in Hope, AR 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.

A mid-range dinner for two costs $74 in Hope, AR versus $34 in Lima. Monthly groceries follow the same trend: $376 vs $228 – making Lima the more affordable choice for daily food spending.

Good to know

🇺🇸 Hope, AR

🇵🇪 Lima

🕒 Local time

21:41 9:41 PM

22:41 10:41 PM

1 h ahead of Hope, AR

🌤 Weather

👥 Population

9,000

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 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Peruvian Sol exchange rates as of November 6, 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

Lowest

Highest

Between locations

Hope, AR Lima 5,380 km ≈ 7 h nonstop flight

From you

Hope, AR
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

Hope, AR vs Lima: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,539 in Hope, AR, $1,042 in Lima – Lima comes out roughly 59% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,808 per month in Hope, AR 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 $1,565 in Hope, AR.

Public transport costs about 53% less in Lima. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,154 per month in Hope, AR 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 Hope, AR at $2,539. In Lima it covers expenses comfortably, while in Hope, AR 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.

For expats, Lima is the easier option financially – housing and daily costs are lower, and overall it costs about 59% less, which matters a lot on a fixed budget or early-career salary.