Peru, Lima

Country Full Name: Republic of Peru.

Location: Peru is in Western South America, bordering the South Pacific Ocean, between Chile and Ecuador.

Country Climate: Varies from tropical in east to dry desert in west; temperate to frigid in Andes.

Country Terrain: Western coastal plain (costa), high and rugged Andes in center (sierra), eastern lowland jungle of Amazon Basin (selva).

Major Languages: Spanish, Quechua, Aymara.

Major Religions: Christianity.

Population: 28.7 million (2008 est.) 29.1 million (2009 est.).

Country Economy: The economy of Peru is an emerging market-oriented economy characterized by a high level of foreign trade. Peru's economy has experienced significant growth in the last 15 years.

Currency: Peruvian Nuevo Sol (PEN).

Inflation: 4.2% (2011 est.).

City: Lima is the capital and largest city of Peru.

City Economy: Lima is the industrial and financial center of Peru, home to many national companies. It accounts for more than two thirds of Peru's industrial production and most of its tertiary sector.

The cost of living in Lima in Peru is high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Lima in Peru is currently ranked 359 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 88 places that are more expensive, and 861 places that are less expensive for alcohol and or tobacco.

Clothing costs are very high compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 115 places that are more expensive, and 834 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 23 places that are more expensive, and 926 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 924 places that are more expensive, and 25 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 110 places that are more expensive, and 839 places that are less expensive for furniture and appliances.

Grocery costs are low compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs . There are 646 places that are more expensive, and 303 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 728 places that are more expensive, and 221 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 360 places that are more expensive, and 589 places that are less expensive for household accommodation.

Miscellaneous costs are low compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 753 places that are more expensive, and 196 places that are less expensive for miscellaneous items.

Personal Care costs are very low compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 780 places that are more expensive, and 169 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 300 places that are more expensive, and 649 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very high compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 169 places that are more expensive, and 780 places that are less expensive for restaurants, meals out and hotels.

Transport costs are low compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 625 places that are more expensive, and 324 places that are less expensive for transport.

Personalized cost of living indexes for Lima in Peru are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Lima in Peru is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Lima in Peru are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
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