Peru, Lima Cost of Living April 2010

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.

Country 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).

Country Inflation: 5.8% (2008 est.) 3.2% (2009 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.

Cost of Living: Lima has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Lima is currently ranked 220 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Peru, Lima

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