Last update: Oct 2026

Cost of Living Comparison Between Lima and Rio Rancho, NM

For one person, living is cheaper in Lima: $996 a month against $2,655 in Rio Rancho, NM, rent and utilities included – about $19,900 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
127

Cost of Living Index in Rio Rancho, NM
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Rio Rancho, NM Living Index

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Lima

🇵🇪 Peru

$996

/mo nomad

Rio Rancho, NM

🇺🇸 United States

$2,655

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Rio Rancho, NM

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 Rio Rancho, NM actually costs, broken down by who's living it.

Monthly costs for one person with rent: $996 in Lima versus $2,655 in Rio Rancho, NM.

Lima $996
Rio Rancho, NM $2,655

Estimated couple costs with rent: $1,594 in Lima versus $3,845 in Rio Rancho, NM.

Lima $1,594
Rio Rancho, NM $3,845

Monthly costs for a family of three with rent: $2,191 in Lima versus $5,035 in Rio Rancho, NM.

Lima $2,191
Rio Rancho, NM $5,035

Living in Lima costs roughly 62% less than in Rio Rancho, NM, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Lima is 26% below, Rio Rancho, NM is 98% above.

Meal at Budget Restaurant

$4.42 PEN 15.21

$17.11 $17.11

-74.17%

Three-Course Dinner for Two, Mid-Range

$35.04 PEN 121

$78.8 $78.8

-55.52%

Fast Food Meal (McDonalds, etc)

$6.84 PEN 23.53

$11.95 $11.95

-42.76%

Cappuccino

$3.27 PEN 11.26

$5.71 $5.71

-42.73%

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

$1.10 PEN 3.80

$2.85 $2.85

-61.40%

Water (0.33 liter bottle)

$0.65 PEN 2.23

$2.35 $2.35

-72.34%

Local Beer (0.5 liter draught)

$2.58 PEN 8.88

$5.96 $5.96

-56.71%

Imported Beer (0.33 liter bottle)

$4.47 PEN 15.39

$6.92 $6.92

-35.40%

Milk (1 liter)

$1.59 PEN 5.48

$1.03 $1.03

54.37%

White Bread (500g)

$2.58 PEN 8.89

$3.29 $3.29

-21.58%

Rice (white) (1kg)

$1.36 PEN 4.67

$4.38 $4.38

-68.95%

Eggs

$2.95 PEN 10.15

$4.21 $4.21

-29.93%

Local Cheese (1kg)

$9.10 PEN 31.30

$12.03 $12.03

-24.36%

Chicken Fillets (1kg)

$5.81 PEN 19.99

$20.04 $20.04

-71.01%

Beef Round Steak (1kg)

$9.83 PEN 33.81

$18.53 $18.53

-46.95%

Apples (1kg)

$2.01 PEN 6.92

$5.35 $5.35

-62.43%

Banana (1kg)

$1.08 PEN 3.70

$1.70 $1.70

-36.47%

Oranges (1kg)

$1.37 PEN 4.72

$3.98 $3.98

-65.58%

Tomato (1kg)

$1.48 PEN 5.08

$4.18 $4.18

-64.59%

Potato (1kg)

$0.96 PEN 3.32

$1.09 $1.09

-11.93%

Onion (1kg)

$0.85 PEN 2.93

$3.36 $3.36

-74.70%

Lettuce (1 head)

$0.88 PEN 3.03

$1.98 $1.98

-55.56%

Water (1.5 liter bottle)

$0.87 PEN 2.98

$2.57 $2.57

-66.15%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.31

$10.46 $10.46

-43.59%

Wine (Bottle)

$8.81 PEN 30.31

$16.01 $16.01

-44.97%

Local Beer (0.5 liter bottle)

$1.92 PEN 6.59

$2.06 $2.06

-6.80%

Imported Beer (0.33 liter bottle)

$3.20 PEN 11.02

$3.66 $3.66

-12.57%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$1.88 $1.88

-63.83%

Public Transport Monthly Pass (Regular Price)

$26.74 PEN 92.0

$50.4 $50.4

-46.98%

Taxi Start (Normal Tariff)

$3.81 PEN 13.11

$3.04 $3.04

25.33%

Taxi (Normal Tariff) (1km)

$2.04 PEN 7.03

$0.71 $0.71

187.32%

Taxi 1hour Waiting (Normal Tariff)

$7.14 PEN 24.58

$31.87 $31.87

-77.60%

Gasoline (1 liter)

$1.65 PEN 5.67

$1.02 $1.02

61.76%

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

$22.2K PEN 76.3K

$30.3K $30.3K

-26.87%

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

$25.7K PEN 88.3K

$24.4K $24.4K

5.04%

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

$73.0 PEN 251

$166 $166

-56.00%

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

$16.26 PEN 56.0

$44.09 $44.09

-63.12%

Internet (50+ Mbps, Unlimited Data)

$27.60 PEN 95.0

$73.0 $73.0

-62.19%

Gym Membership (Monthly)

$33.07 PEN 114

$41.16 $41.16

-19.66%

Tennis Court (1 Hour on Weekend)

$19.49 PEN 67.1

Cinema Ticket

$7.39 PEN 25.42

$17.88 $17.88

-58.67%

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

$182 PEN 626

$1,331 $1,331

-86.33%

International Primary School, 1 Child (Yearly)

$13.3K PEN 45.8K

$11.2K $11.2K

18.83%

Jeans (Levis 501 Or Similar)

$52.6 PEN 181

$53.8 $53.8

-2.25%

Summer Dress (H&M, Zara, etc)

$34.23 PEN 118

$58.1 $58.1

-41.08%

Sport Shoes (Adidas, Nike)

$83.8 PEN 288

$78.6 $78.6

6.62%

Men's Leather Business Shoes

$79.0 PEN 272

$117 $117

-32.44%

1-bedroom Apartment, City Center (Monthly)

$723 PEN 2,488

$1,590 $1,590

-54.50%

1-bedroom Apartment, Outside City Center (Monthly)

$340 PEN 1,170

$1,295 $1,295

-73.74%

3-bedroom Apartment, City Center (Monthly)

$1,184 PEN 4,075

$2,476 $2,476

-52.17%

3-bedroom Apartment, Outside City Center (Monthly)

$635 PEN 2,184

$2,172 $2,172

-70.78%

Buy Apartment in City Center (m2)

$2,449 PEN 8,424

$2,539 $2,539

-3.55%

Buy Apartment Outside City Center (m2)

$1,372 PEN 4,719

$2,407 $2,407

-43.02%

Average Monthly Net Salary (After Tax)

$653 PEN 2,245

$6,376 $6,376

-89.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

6.57

36.07%

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

Last update for Lima: October 4, 2026

Last update for Rio Rancho, NM: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$340 33.6%

Rio Rancho, NM

$1.3K 49.7% 281% $955

Groceries & Markets

Lima

$226 22.4%

Rio Rancho, NM

$442 17% 95.1% $215

Eating Out

Lima

$124 12.3%

Rio Rancho, NM

$306 11.7% 146% $182

Monthly Utilities & Internet

Lima

$117 11.6%

Rio Rancho, NM

$283 10.9% 142% $166

Clothing & Footwear

Lima

$112 11.1%

Rio Rancho, NM

$138 5.3% 23.2% $26

Sport & Entertainment

Lima

$48 4.7%

Rio Rancho, NM

$77 3% 60.8% $29

Getting Around

Lima

$43 4.3%

Rio Rancho, NM

$65 2.5% 48.5% $21

Cost Breakdown

A one-bedroom apartment in the center runs $723 in Lima and $1,590 in Rio Rancho, NM. Housing cost is often the main lever when comparing two cities.

Rio Rancho, NM pays 877% 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 $79.0 in Rio Rancho, NM for a mid-range dinner for two. Groceries echo the gap at $226 vs $442 per month, with Lima cheaper across the board.

Good to know

🇵🇪 Lima

🇺🇸 Rio Rancho, NM

🕒 Local time

22:08 10:08 PM

21:08 9:08 PM

1 h behind Lima

🌤 Weather

👥 Population

9,989,369 Capital

110,660

💱 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 12, 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 12, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Rio Rancho, NM 6,120 km ≈ 8 h nonstop flight

From you

Lima
Rio Rancho, NM

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 Rio Rancho, NM: Cost of Living - Frequently Asked Questions

Lima and Rio Rancho, NM differ by about 166% in total monthly costs ($996 vs $2,655 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 877% lower in Rio Rancho, NM. 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 $1,590 in Rio Rancho, NM. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $182 in Lima versus $1,331 in Rio Rancho, NM. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 95% higher in Rio Rancho, NM. For households that cook at home regularly, that difference adds up over a month.

At $996 in Lima versus $2,655 in Rio Rancho, NM, a $2,000 budget is realistic in Lima but tight or insufficient in Rio Rancho, NM. The gap between the two cities makes Lima the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Lima gentler on the wallet – expenses run 166% less than in Rio Rancho, NM. Beyond cost, consider language, visa policies, and how big the international community is in each city.