Last update: Oct 2026

Cost of Living Comparison Between Peoria, IL and Lima

For one person, living is cheaper in Lima: $1,042 a month against $1,889 in Peoria, IL, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

91

Cost of Living Index in Peoria, IL
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Peoria, IL Living Index
50

Cost of Living Index in Lima
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Lima Living Index

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Peoria, IL

🇺🇸 United States

$1,889

/mo nomad

Lima

🇵🇪 Peru

$1,042

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,889 in Peoria, IL versus $1,042 in Lima.

Peoria, IL $1,889
Lima $1,042

Estimated couple costs with rent: $2,702 in Peoria, IL versus $1,651 in Lima.

Peoria, IL $2,702
Lima $1,651

Monthly costs for a family of three with rent: $3,515 in Peoria, IL versus $2,259 in Lima.

Peoria, IL $3,515
Lima $2,259

Living in Peoria, IL is roughly 81% more expensive than in Lima, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Peoria, IL is 40% above, Lima is 23% below.

Meal at Budget Restaurant

$14.77 $14.77

$4.64 PEN 15.95

218.32%

Three-Course Dinner for Two, Mid-Range

$61.4 $61.4

$34.34 PEN 118

78.80%

Fast Food Meal (McDonalds, etc)

$7.85 $7.85

$7.01 PEN 24.12

11.98%

Cappuccino

$5.34 $5.34

$3.22 PEN 11.09

65.84%

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

$2.12 $2.12

$1.13 PEN 3.90

87.61%

Water (0.33 liter bottle)

$1.13 $1.13

$0.61 PEN 2.09

85.25%

Local Beer (0.5 liter draught)

$4.37 $4.37

$2.93 PEN 10.08

49.15%

Imported Beer (0.33 liter bottle)

$4.91 $4.91

$4.25 PEN 14.63

15.53%

Milk (1 liter)

$0.69 $0.69

$1.58 PEN 5.44

-56.33%

White Bread (500g)

$2.38 $2.38

$2.61 PEN 8.98

-8.81%

Rice (white) (1kg)

$4.29 $4.29

$1.30 PEN 4.47

230.00%

Eggs

$2.53 $2.53

$2.92 PEN 10.05

-13.36%

Local Cheese (1kg)

$12.29 $12.29

$9.54 PEN 32.82

28.83%

Chicken Fillets (1kg)

$10.97 $10.97

$5.71 PEN 19.66

92.12%

Beef Round Steak (1kg)

$16.37 $16.37

$9.47 PEN 32.58

72.86%

Apples (1kg)

$4.85 $4.85

$2.01 PEN 6.91

141.29%

Banana (1kg)

$1.16 $1.16

$1.02 PEN 3.52

13.73%

Oranges (1kg)

$5.45 $5.45

$1.45 PEN 4.99

275.86%

Tomato (1kg)

$4.74 $4.74

$1.49 PEN 5.14

218.12%

Potato (1kg)

$2.58 $2.58

$0.91 PEN 3.14

183.52%

Onion (1kg)

$2.25 $2.25

$0.89 PEN 3.07

152.81%

Lettuce (1 head)

$2.05 $2.05

$0.86 PEN 2.97

138.37%

Water (1.5 liter bottle)

$2.25 $2.25

$0.89 PEN 3.06

152.81%

Cigarettes 20 Pack (Marlboro, Camel)

$12.24 $12.24

$5.47 PEN 18.83

123.77%

Wine (Bottle)

$11.02 $11.02

$10.17 PEN 35.00

8.36%

Local Beer (0.5 liter bottle)

$2.07 $2.07

$1.81 PEN 6.21

14.36%

Imported Beer (0.33 liter bottle)

$3.26 $3.26

$3.15 PEN 10.84

3.49%

One-way Ticket (Public Transport)

$0.99 $0.99

$0.66 PEN 2.28

50.00%

Public Transport Monthly Pass (Regular Price)

$39.32 $39.32

$31.89 PEN 110

23.30%

Taxi Start (Normal Tariff)

$2.84 $2.84

$3.43 PEN 11.79

-17.20%

Taxi (Normal Tariff) (1km)

$2.66 $2.66

$1.98 PEN 6.80

34.34%

Taxi 1hour Waiting (Normal Tariff)

$29.63 $29.63

$9.60 PEN 33.04

208.65%

Gasoline (1 liter)

$1.16 $1.16

$1.71 PEN 5.89

-32.16%

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

$27.2K $27.2K

$21.9K PEN 75.3K

24.33%

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

$27.3K $27.3K

$29.0K PEN 100.0K

-6.10%

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

$202 $202

$65.8 PEN 227

206.27%

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

$56.3 $56.3

$15.26 PEN 52.5

268.87%

Internet (50+ Mbps, Unlimited Data)

$59.4 $59.4

$26.87 PEN 92.5

120.92%

Gym Membership (Monthly)

$41.32 $41.32

$32.91 PEN 113

25.55%

Tennis Court (1 Hour on Weekend)

$9.82 $9.82

$20.12 PEN 69.2

-51.19%

Cinema Ticket

$9.46 $9.46

$7.12 PEN 24.49

32.87%

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

$883 $883

$309 PEN 1,064

185.84%

International Primary School, 1 Child (Yearly)

$13.0K $13.0K

$21.4K PEN 73.5K

-39.32%

Jeans (Levis 501 Or Similar)

$47.31 $47.31

$52.0 PEN 179

-8.98%

Summer Dress (H&M, Zara, etc)

$25.29 $25.29

$35.69 PEN 123

-29.14%

Sport Shoes (Adidas, Nike)

$58.0 $58.0

$81.8 PEN 281

-29.05%

Men's Leather Business Shoes

$49.03 $49.03

$78.0 PEN 268

-37.11%

1-bedroom Apartment, City Center (Monthly)

$1,111 $1,111

$727 PEN 2,501

52.83%

1-bedroom Apartment, Outside City Center (Monthly)

$759 $759

$373 PEN 1,284

103.45%

3-bedroom Apartment, City Center (Monthly)

$1,631 $1,631

$1,249 PEN 4,297

30.60%

3-bedroom Apartment, Outside City Center (Monthly)

$1,068 $1,068

$739 PEN 2,544

44.53%

Buy Apartment in City Center (m2)

$1,275 $1,275

$2,380 PEN 8,191

-46.41%

Buy Apartment Outside City Center (m2)

$985 $985

$1,365 PEN 4,697

-27.81%

Average Monthly Net Salary (After Tax)

$4,265 $4,265

$650 PEN 2,238

555.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

8.38

-18.62%

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

Last update for Peoria, IL: 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

Peoria, IL

$759 40.2%

Lima

$373 35.8% 50.8% $386

Groceries & Markets

Peoria, IL

$362 19.2%

Lima

$228 21.9% 37% $134

Monthly Utilities & Internet

Peoria, IL

$317 16.8%

Lima

$108 10.4% 66% $209

Eating Out

Peoria, IL

$250 13.3%

Lima

$127 12.2% 49.3% $124

Clothing & Footwear

Peoria, IL

$81 4.3%

Lima

$111 10.7% 37.7% $31

Sport & Entertainment

Peoria, IL

$60 3.2%

Lima

$47 4.5% 21.7% $13

Getting Around

Peoria, IL

$59 3.2%

Lima

$48 4.6% 19.5% $12

Cost Breakdown

A one-bedroom apartment in the center runs $1,111 in Peoria, IL and $727 in Lima. Housing cost is often the main lever when comparing two cities.

Peoria, IL pays about 6.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $61 in Peoria, IL vs $34 in Lima for a mid-range dinner for two. Groceries echo the gap at $362 vs $228 per month, with Lima cheaper across the board.

Good to know

🇺🇸 Peoria, IL

🇵🇪 Lima

🕒 Local time

07:43 7:43 AM

08:43 8:43 AM

1 h ahead of Peoria, IL

🌤 Weather

👥 Population

113,150

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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Peoria, IL Lima 6,010 km ≈ 8 h nonstop flight

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Peoria, IL
Lima

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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

Peoria, IL vs Lima: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,889 in Peoria, IL and $1,042 in Lima, so Lima is about 45% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Peoria, IL is about 6.6 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,111 in Peoria, IL versus $727 in Lima. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $883 in Peoria, IL versus $309 in Lima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 59% higher in Peoria, IL. For households that cook at home regularly, that difference adds up over a month.

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 45% less than in Peoria, IL. Beyond cost, consider language, visa policies, and how big the international community is in each city.