Sydney vs Lima Cost of Living Comparison

Executive summary: Lima leads on CPI (26 vs 78, NYC=100), Lima leads on rent index, and Sydney leads on purchasing power. Validate neighbourhood rents before relocating — city-wide winners can reverse at district scale.

Overall Cost Winner

Lima

Lower overall CPI; largest measurable gaps: Housing (75% gap, Lima ahead); Restaurants (69% gap, Lima ahead).

Monthly Cost Difference

Estimated monthly housing+utilities+internet basket is about $1,764 lower in Lima than in Sydney (~75% gap; converted via exchange rates).

Estimated monthly difference: $1,764 (favoring Lima).

Category Winners

CategoryWinnerNote
Overall CPILimaCPI 26 vs 78 (lower is better)
HousingLimaRent index 15.3 vs 62 (lower is better)
FoodLimaGroceries index 33 vs 80 (lower is better)
TransportLimaOne-way ticket 1.67 vs 3.07 (lower is better)
UtilitiesLimaUtilities (85m²) 114.75 vs 187.24 (lower is better)
InternetLimaInternet 86.63 vs 89.84 (lower is better)
RestaurantsLimaRestaurant index 23.5 vs 75 (lower is better)
SalarySydneyAvg net salary 10298.2 vs 7812 (higher is better)
Purchasing PowerSydneyPP index 110 vs 33.6 (higher is better)

Biggest Difference

Housing: Lima leads with a 75% gap.

Rent index 15.3 vs 62 (lower is better)

Quick Decision

  • Students: Lima — Lower housing / rent index (75% gap).
  • Families: Lima — Housing is typically the largest household line; rent index favors Lima; purchasing power favors Sydney.
  • Remote Workers: Lima — Everyday cost index (CPI) favors Lima (~67% gap).
  • Budget Living: Lima — Lowest overall consumer-price index in this pair.

Key Takeaways

  • Lima is the overall cost winner on CPI (~67% lower everyday-cost index than Sydney).
  • Housing: Lima leads on rent index (75% gap).
  • Food / groceries: Lima is lower (59% gap).
  • Purchasing power: Sydney scores higher (69% gap).
  • Sample monthly basket (1BR + utilities + internet) is ~$1,764 cheaper in Lima.

Analysis

Detailed breakdown uses only paired indices: CPI 78/26, rent 62/15.3, purchasing power 110/33.6. Category winners can diverge — a city may win rent while losing CPI. No GDP, climate, or industry claims are invented for either city.

City pages

  • Sydney, New South Wales
  • Lima, Lima

Country pages

  • Australia
  • Peru

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Trust & data transparency

Last updated: 2026-08-21

Data Sources

This page uses CityCost index inputs. Platform sources (see also Data sources):

  • Real
  • Regional

On-page labels for this view: Real · Regional.

Methodology

Each indexed city is associated with a reference basket of common living costs (for example rent, groceries samples, transport tickets, utilities, restaurant meals, and net salary where available). From those items, the platform derives relative indices such as CPI, rent, groceries, restaurants, and local purchasing power, using New York City = 100 as the familiar baseline convention for relative comparison.

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