Peru · Big city — Lima is about 73% cheaper than New York. Not just exchange rates: what a fair price is, where it turns into a rip-off, and what that means in your money.

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Street taxis are unmetered — haggle; fake airport cabs rob tourists
English in Miraflores hotels/restaurants; Spanish elsewhere
No metro useful to visitors; brutal traffic — use Uber/Cabify
Cards in restaurants/shops; cash for taxis/markets; fake notes exist
Pickpocketing and bag snatching common; use app taxis at night
Good to knowAt Lima airport ignore taxi touts — use an app, the official counters or the airport bus
Handy apps: Uber · Cabify · DiDi · inDrive
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Lima is about 73% cheaper than New York
Based on 8 things travelers buy most, compared with New York. Each pair of bars is the same purchase in both cities, converted to your currency. Set your own city and currency in “My basis” above.
Per person per day, estimated. Flights and shopping not included.
See 4-day, 1-week and 1-month budget tables › · Plan a multi-city trip budget ›
Cash is easiest; hotels and bigger restaurants take cards.
About 10% at restaurants.
Upscale restaurants may add a 10% service charge.
Uber, Cabify and InDrive are convenient.
Haggle at markets and souvenir stalls.
Don't drink tap water.
Cusco tour prices vary wildly between agencies; compare what is included.
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Across 8 things travelers buy most (meals, coffee, beer, taxis, hotels…), Lima is about 73% cheaper than New York. A local meal is about S/ 20 (≈ $5.41) and a coffee about S/ 12 (≈ $3.24).
Averaging rip-offs, language, getting around, payments and safety, Lima scores 3.0/5 — 'hard'. The main thing to watch is rip-offs & haggling (3/5): Street taxis are unmetered — haggle; fake airport cabs rob tourists. Tip: At Lima airport ignore taxi touts — use an app, the official counters or the airport bus
It is doable, but go prepared (3.0/5). Rip-offs & haggling: Street taxis are unmetered — haggle; fake airport cabs rob tourists. Tip: At Lima airport ignore taxi touts — use an app, the official counters or the airport bus
Mid-range (3-star hotel, local meals plus a dinner out, two taxi rides) is about $103 a day. Guesthouses and street food bring it to about $36.7; 4-star and restaurants push it to about $215.
A short-term studio (about $1,072) plus food, transport and a SIM (about $763) comes to roughly $1,835 a month. A local long-term lease (studio about S/ 1,750) brings it down a lot.
For 5 km in town, expect S/ 9.6 – S/ 19.2; anything above S/ 23 is suspicious. Uber, Cabify and InDrive are convenient.
About 10% at restaurants. Upscale restaurants may add a 10% service charge.
Cash is easiest; hotels and bigger restaurants take cards.
Base prices start from public cost-of-living data; once 3+ traveler reports come in, the app blends in the median of what people actually paid.
Fair range & rip-off line — each item gets its own spread (tight for transit, wide for street food). Above 1.2× the top of the fair range is flagged as a likely rip-off.
Budgets add up item prices for the lifestyle described above. Peak season and prime tourist spots run higher.
Exchange rate as of October 2026: 1 USD = S/ 3.7. Last updated 2026-10-05.