Last update: Oct 2026

Cost of Living Comparison Between Lima and Anchorage, AK

For one person, living is cheaper in Lima: $996 a month against $3,251 in Anchorage, AK, rent and utilities included – about $27,100 less a year. Rent and utilities account for most of the difference.

49

Cost of Living Index in Lima
Learn more

Lima Living Index
159

Cost of Living Index in Anchorage, AK
Learn more

Anchorage, AK Living Index

Jump to prices

Lima

🇵🇪 Peru

$996

/mo nomad

Anchorage, AK

🇺🇸 United States

$3,251

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Anchorage, AK

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

Monthly costs for one person with rent: $996 in Lima versus $3,251 in Anchorage, AK.

Lima $996
Anchorage, AK $3,251

Estimated couple costs with rent: $1,594 in Lima versus $4,799 in Anchorage, AK.

Lima $1,594
Anchorage, AK $4,799

Monthly costs for a family of three with rent: $2,191 in Lima versus $6,346 in Anchorage, AK.

Lima $2,191
Anchorage, AK $6,346

Living in Lima costs roughly 69% less than in Anchorage, AK, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lima is 26% below, Anchorage, AK is 143% above.

Meal at Budget Restaurant

$4.42 PEN 15.21

$25.37 $25.37

-82.58%

Three-Course Dinner for Two, Mid-Range

$35.04 PEN 121

$102 $102

-65.49%

Fast Food Meal (McDonalds, etc)

$6.84 PEN 23.52

$14.88 $14.88

-54.03%

Cappuccino

$3.27 PEN 11.26

$6.80 $6.80

-51.91%

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

$1.10 PEN 3.80

$3.28 $3.28

-66.46%

Water (0.33 liter bottle)

$0.65 PEN 2.23

$2.56 $2.56

-74.61%

Local Beer (0.5 liter draught)

$2.58 PEN 8.88

$7.83 $7.83

-67.05%

Imported Beer (0.33 liter bottle)

$4.47 PEN 15.39

$9.73 $9.73

-54.06%

Milk (1 liter)

$1.59 PEN 5.48

$1.19 $1.19

33.61%

White Bread (500g)

$2.58 PEN 8.89

$4.80 $4.80

-46.25%

Rice (white) (1kg)

$1.36 PEN 4.67

$6.33 $6.33

-78.52%

Eggs

$2.95 PEN 10.14

$4.32 $4.32

-31.71%

Local Cheese (1kg)

$9.10 PEN 31.30

$13.83 $13.83

-34.20%

Chicken Fillets (1kg)

$5.81 PEN 19.98

$12.52 $12.52

-53.59%

Beef Round Steak (1kg)

$9.83 PEN 33.80

$21.84 $21.84

-54.99%

Apples (1kg)

$2.01 PEN 6.92

$7.99 $7.99

-74.84%

Banana (1kg)

$1.08 PEN 3.70

$2.26 $2.26

-52.21%

Oranges (1kg)

$1.37 PEN 4.71

$5.58 $5.58

-75.45%

Tomato (1kg)

$1.48 PEN 5.08

$6.23 $6.23

-76.24%

Potato (1kg)

$0.96 PEN 3.32

$2.94 $2.94

-67.35%

Onion (1kg)

$0.85 PEN 2.93

$3.05 $3.05

-72.13%

Lettuce (1 head)

$0.88 PEN 3.03

$2.76 $2.76

-68.12%

Water (1.5 liter bottle)

$0.87 PEN 2.98

$2.36 $2.36

-63.14%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.31

$12.79 $12.79

-53.87%

Wine (Bottle)

$8.81 PEN 30.31

$17.74 $17.74

-50.34%

Local Beer (0.5 liter bottle)

$1.92 PEN 6.59

$1.69 $1.69

13.61%

Imported Beer (0.33 liter bottle)

$3.20 PEN 11.02

$3.37 $3.37

-5.04%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$1.96 $1.96

-65.31%

Public Transport Monthly Pass (Regular Price)

$26.74 PEN 92.0

$60.9 $60.9

-56.07%

Taxi Start (Normal Tariff)

$3.81 PEN 13.10

$2.80 $2.80

36.07%

Taxi (Normal Tariff) (1km)

$2.04 PEN 7.02

$1.88 $1.88

8.51%

Taxi 1hour Waiting (Normal Tariff)

$7.14 PEN 24.57

$41.99 $41.99

-83.00%

Gasoline (1 liter)

$1.65 PEN 5.67

$1.30 $1.30

26.92%

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

$22.2K PEN 76.3K

$33.5K $33.5K

-33.84%

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

$25.7K PEN 88.3K

$25.7K $25.7K

-0.12%

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

$73.0 PEN 251

$409 $409

-82.16%

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

$16.26 PEN 55.9

$90.2 $90.2

-81.98%

Internet (50+ Mbps, Unlimited Data)

$27.60 PEN 94.9

$137 $137

-79.85%

Gym Membership (Monthly)

$33.07 PEN 114

$89.3 $89.3

-62.95%

Tennis Court (1 Hour on Weekend)

$19.49 PEN 67.1

$39.86 $39.86

-51.10%

Cinema Ticket

$7.39 PEN 25.41

$15.28 $15.28

-51.64%

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

$182 PEN 626

$1,227 $1,227

-85.17%

International Primary School, 1 Child (Yearly)

$13.3K PEN 45.8K

$10.6K $10.6K

26.23%

Jeans (Levis 501 Or Similar)

$52.6 PEN 181

$49.59 $49.59

5.99%

Summer Dress (H&M, Zara, etc)

$34.23 PEN 118

$45.89 $45.89

-25.41%

Sport Shoes (Adidas, Nike)

$83.8 PEN 288

$112 $112

-25.15%

Men's Leather Business Shoes

$79.0 PEN 272

$122 $122

-35.11%

1-bedroom Apartment, City Center (Monthly)

$723 PEN 2,488

$1,788 $1,788

-59.56%

1-bedroom Apartment, Outside City Center (Monthly)

$340 PEN 1,170

$1,410 $1,410

-75.88%

3-bedroom Apartment, City Center (Monthly)

$1,184 PEN 4,074

$2,845 $2,845

-58.37%

3-bedroom Apartment, Outside City Center (Monthly)

$635 PEN 2,183

$2,437 $2,437

-73.95%

Buy Apartment in City Center (m2)

$2,449 PEN 8,423

$4,006 $4,006

-38.87%

Buy Apartment Outside City Center (m2)

$1,372 PEN 4,718

$2,789 $2,789

-50.83%

Average Monthly Net Salary (After Tax)

$653 PEN 2,245

$4,681 $4,681

-86.06%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

6.49

37.75%

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

Last update for Lima: October 4, 2026

Last update for Anchorage, AK: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$340 33.6%

Anchorage, AK

$1.4K 42.9% 315% $1.1K

Groceries & Markets

Lima

$226 22.4%

Anchorage, AK

$484 14.7% 114% $258

Eating Out

Lima

$124 12.3%

Anchorage, AK

$411 12.5% 231% $287

Monthly Utilities & Internet

Lima

$117 11.6%

Anchorage, AK

$637 19.3% 445% $520

Clothing & Footwear

Lima

$112 11.1%

Anchorage, AK

$148 4.5% 31.9% $36

Sport & Entertainment

Lima

$48 4.7%

Anchorage, AK

$120 3.6% 150% $72

Getting Around

Lima

$43 4.3%

Anchorage, AK

$81 2.5% 86.1% $37

Cost Breakdown

A one-bedroom apartment in the center runs $723 in Lima and $1,788 in Anchorage, AK. Housing cost is often the main lever when comparing two cities.

Anchorage, AK pays 617% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $35.00 in Lima vs $102 in Anchorage, AK for a mid-range dinner for two. Groceries echo the gap at $226 vs $484 per month, with Lima cheaper across the board.

Good to know

🇵🇪 Lima

🇺🇸 Anchorage, AK

🕒 Local time

01:07 1:07 AM

22:07 10:07 PM

3 h behind Lima

🌤 Weather

👥 Population

9,989,369 Capital

289,600

💱 Currency

Peruvian Sol PEN S/

United States Dollar USD $

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

1 USD = 0.892 EUR

Exchange rates and currency converter

USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

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

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Anchorage, AK 10,280 km ≈ 13 h nonstop flight

From you

Lima
Anchorage, AK

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

Lima vs Anchorage, AK: Cost of Living - Frequently Asked Questions

Lima wins on cost – living expenses run 226% lower than in Anchorage, AK. Housing and daily spending are where you'll feel the difference most, making Lima the obvious pick if budget is a priority.

On paper, salaries run 617% lower in Anchorage, AK. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $723 in Lima versus $1,788 in Anchorage, AK. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lima – a meal for two runs $35.00 versus $102 in Anchorage, AK. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $996 per month in Lima versus $3,251 in Anchorage, AK – a 226% gap that adds up to real savings over time for anyone picking the cheaper option.

At $996 in Lima versus $3,251 in Anchorage, AK, a $2,000 budget is realistic in Lima but tight or insufficient in Anchorage, AK. The gap between the two cities makes Lima the clear choice for anyone on this budget.

Both work as nomad bases, but Lima delivers better value – similar infrastructure at $996 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Lima hard to pass up.

Expats usually find Lima gentler on the wallet – expenses run 226% less than in Anchorage, AK. Beyond cost, consider language, visa policies, and how big the international community is in each city.