Last update: Oct 2026

Cost of Living Comparison Between Lima and Hope

For one person, living is cheaper in Lima: $1,012 a month against $2,249 in Hope, rent and utilities included – about $14,800 less a year. Rent and utilities account for most of the difference.

49

Cost of Living Index in Lima
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Lima Living Index
110

Cost of Living Index in Hope
Learn more

Hope Living Index

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Lima

🇵🇪 Peru

$1,012

/mo nomad

Hope

🇨🇦 Canada

$2,249

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Hope

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 Hope actually costs, broken down by who's living it.

A single person spends $1,012 per month in Lima vs $2,249 in Hope, rent included.

Lima $1,012
Hope $2,249

A couple spends around $1,589 per month in Lima vs $3,263 in Hope, rent included.

Lima $1,589
Hope $3,263

A family of three spends $2,167 per month in Lima vs $4,278 in Hope, rent included.

Lima $2,167
Hope $4,278

Lima is about 55% cheaper than Hope, and outside of rent the biggest gap is in groceries.

Lima sits 25% below the global median, while Hope is 67% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.40 PEN 15.10

$14.05 CA$19.86

-68.68%

Three-Course Dinner for Two, Mid-Range

$35.17 PEN 121

$49.35 CA$69.8

-28.73%

Fast Food Meal (McDonalds, etc)

$6.89 PEN 23.65

$9.29 CA$13.14

-25.83%

Cappuccino

$3.26 PEN 11.20

$4.63 CA$6.55

-29.59%

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

$1.12 PEN 3.84

$1.37 CA$1.93

-18.25%

Water (0.33 liter bottle)

$0.62 PEN 2.11

$1.77 CA$2.50

-64.97%

Local Beer (0.5 liter draught)

$2.65 PEN 9.09

$4.50 CA$6.36

-41.11%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.15

$5.65 CA$7.98

-21.95%

Milk (1 liter)

$1.63 PEN 5.61

$2.36 CA$3.34

-30.93%

White Bread (500g)

$2.56 PEN 8.78

$2.84 CA$4.02

-9.86%

Rice (white) (1kg)

$1.35 PEN 4.65

$3.41 CA$4.81

-60.41%

Eggs

$2.90 PEN 9.96

$3.17 CA$4.48

-8.52%

Local Cheese (1kg)

$8.85 PEN 30.38

$13.48 CA$19.06

-34.35%

Chicken Fillets (1kg)

$5.98 PEN 20.52

$13.79 CA$19.50

-56.64%

Beef Round Steak (1kg)

$9.78 PEN 33.59

$24.60 CA$34.78

-60.24%

Apples (1kg)

$2.05 PEN 7.02

$4.40 CA$6.22

-53.41%

Banana (1kg)

$1.06 PEN 3.66

$1.30 CA$1.84

-18.46%

Oranges (1kg)

$1.35 PEN 4.64

$4.45 CA$6.29

-69.66%

Tomato (1kg)

$1.50 PEN 5.15

$4.62 CA$6.53

-67.53%

Potato (1kg)

$0.88 PEN 3.03

$2.78 CA$3.93

-68.35%

Onion (1kg)

$0.92 PEN 3.15

$3.66 CA$5.18

-74.86%

Lettuce (1 head)

$0.89 PEN 3.07

$2.64 CA$3.73

-66.29%

Water (1.5 liter bottle)

$0.90 PEN 3.10

$2.12 CA$2.99

-57.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.27

$13.83 CA$19.55

-57.34%

Wine (Bottle)

$8.52 PEN 29.26

$13.20 CA$18.66

-35.45%

Local Beer (0.5 liter bottle)

$1.88 PEN 6.45

$2.09 CA$2.95

-10.05%

Imported Beer (0.33 liter bottle)

$3.22 PEN 11.05

$2.31 CA$3.27

39.39%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$2.29 CA$3.24

-70.31%

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.2

$70.4 CA$99.5

-61.83%

Taxi Start (Normal Tariff)

$3.81 PEN 13.09

$2.86 CA$4.04

33.22%

Taxi (Normal Tariff) (1km)

$2.02 PEN 6.93

$1.47 CA$2.08

37.41%

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.41

$26.03 CA$36.80

-72.69%

Gasoline (1 liter)

$1.72 PEN 5.91

$1.30 CA$1.83

32.31%

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

$22.3K PEN 76.6K

$27.6K CA$39.1K

-19.29%

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

$25.5K PEN 87.6K

$19.2K CA$27.2K

32.69%

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

$73.1 PEN 251

$123 CA$174

-40.71%

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

$16.35 PEN 56.2

$42.91 CA$60.7

-61.90%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.3

$52.0 CA$73.5

-47.17%

Gym Membership (Monthly)

$31.90 PEN 110

$36.24 CA$51.2

-11.98%

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

$18.70 CA$26.44

3.80%

Cinema Ticket

$7.05 PEN 24.23

$14.23 CA$20.12

-50.46%

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

$182 PEN 627

$640 CA$905

-71.50%

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.8K

$11.5K CA$16.2K

13.69%

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

$53.2 CA$75.2

1.09%

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

$45.52 CA$64.4

-24.60%

Sport Shoes (Adidas, Nike)

$82.8 PEN 284

$70.5 CA$99.6

17.56%

Men's Leather Business Shoes

$78.2 PEN 269

$70.4 CA$99.5

11.15%

1-bedroom Apartment, City Center (Monthly)

$721 PEN 2,476

$1,266 CA$1,789

-43.02%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,179

$1,101 CA$1,556

-68.80%

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,186

$1,905 CA$2,693

-36.01%

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,235

$1,721 CA$2,432

-62.18%

Buy Apartment in City Center (m2)

$2,414 PEN 8,292

$4,120 CA$5,824

-41.39%

Buy Apartment Outside City Center (m2)

$1,357 PEN 4,660

$3,650 CA$5,160

-62.82%

Average Monthly Net Salary (After Tax)

$648 PEN 2,226

$2,874 CA$4,062

-77.45%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

4.76

87.82%

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

Last update for Lima: October 11, 2026

Last update for Hope: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$343 33.9%

Hope

$1.1K 49% 221% $757

Groceries & Markets

Lima

$226 22.3%

Hope

$425 18.9% 88.2% $199

Eating Out

Lima

$124 12.3%

Hope

$242 10.8% 95.3% $118

Monthly Utilities & Internet

Lima

$117 11.6%

Hope

$218 9.7% 86.6% $101

Clothing & Footwear

Lima

$112 11.1%

Hope

$108 4.8% 3.8% $4.3

Sport & Entertainment

Lima

$46 4.6%

Hope

$65 2.9% 40.6% $19

Getting Around

Lima

$43 4.3%

Hope

$90 4% 106% $46

Cost Breakdown

A central one-bedroom costs $721 in Lima versus $1,266 in Hope. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 343% higher in Hope, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35.00 in Lima versus $49.00 in Hope. Monthly groceries follow the same trend: $226 vs $425 – making Lima the more affordable choice for daily food spending.

Good to know

🇵🇪 Lima

🇨🇦 Hope

🕒 Local time

15:20 3:20 PM

13:20 1:20 PM

2 h behind Lima

🌤 Weather

👥 Population

9,989,369 Capital

6,200

💱 Currency

Peruvian Sol PEN S/

Canadian Dollar CAD $

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 19, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Hope 8,090 km ≈ 11 h nonstop flight

From you

Lima
Hope

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 Hope: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,012 in Lima, $2,249 in Hope – roughly 122% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,518 per month in Lima and $3,373 in Hope. 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.

A mid-range dinner for two costs $35.00 in Lima and $49.00 in Hope. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,012 in Lima and $2,249 in Hope. That's a gap of about 122%.

A $2,000 monthly budget goes further in Lima, where all-in costs run around $1,012, than in Hope at $2,249. In Lima it covers expenses comfortably, while in Hope 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 $1,012 in Lima to $2,249 in Hope. Climate, culture, job market, and personal taste all factor in.

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, Hope makes more sense. Both are solid long-term options with distinct trade-offs.