Data last updated: August 2026

Makati, PhilippinesLima, Peru

You would need around 87.7% less money in Lima, Peru to maintain the same standard of living you have in Makati, Philippines.

Overall Cost of Living

87.7%

Lima, Peru is cheaper than Makati, Philippines

1-Bed Rent (City Center)

City A752 USD
City B0 USD
Difference-100.0%

Groceries (Monthly)

City A72 USD
City B44 USD
Difference-38.9%

Average Net Salary

City A702 USD
City B0 USD
Difference-100.0%

Editorial Insight: Planning a move from Makati, Philippines to Lima, Peru? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Lima, Peru is 87.7% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Lima, Peru's center costs around 0 USD, which is a staggering 100.0% less than in Makati, Philippines. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

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Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Makati, Philippines and Lima, Peru is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Lima, Peru to maintain your current lifestyle in Makati, Philippines.

USD

You need in Lima, Peru

87 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Makati, Philippines to Lima, Peru and investing the 88% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your Makati, Philippines budget to local Lima, Peru prices. We automatically adjust housing, groceries, and leisure categories.

Housing0 USD
Groceries44 USD
Utilities & Internet58 USD

Investment Planner

You save 752 USD every month on rent alone by moving to Lima, Peru.

Investing this rent difference in an S&P 500 index fund could grow to ~126,336 USD in 10 years.