Can you retire cheap in Lima, Peru?

Lima, Peru rarely shows up on the retirement cheap websites. There’s a really good reason for it.

It’s not cheap.

After one month here, I can safely say that it’s not going to make my list for best countries to retire cheap.

What was my cost of living here for one month (all prices in CDN)?

  • Average cost of a meal at home with groceries $2.50
  • Average cost of a meal out in a restaurant $6
  • Movie theater $6
  • Cabs $4
  • Rent $300
  • Pisco Sour in fancy place $10
  • Anticucho $5
  • Alcohol $10 for a 26 of rum

It’s possible to survive in Lima for $1000 CDN a month, but it’s not a great life.

The city itself is really large.

It reminds me a lot of Toronto. One of my qualifications for a city is how it feels. I DIDN’T like Lima pretty much instantly.

It’s not it’s fault though. I just realized, I personally like small cities. This place is huge. And because of that it has some benefits. Lots of food choices.

But it also has detractors, lots of costs…..and really really bad Chinese food.

If you want to retire cheap? Stay away from Lima, Peru and check out these other cities.

LINK TO 2018 WINNERS FOR BestCountriesToRetireCheap.com