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Guatemala City vs Lima

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Guatemala City vs Lima

Guatemala City is 35% more affordable for homebuyers. Guatemala City has a price-to-income ratio of 6.2x compared to 9.8x in Lima.

MetricGuatemala CityLima
Avg Home Price$85,000$130,000
Price / sqm$1,000$2,200
Rent (1BR)$350/mo$500/mo
Rent (3BR)$600/mo$900/mo
Price-to-Income6.2x9.8x
Mortgage Rate8.0%7.5%
1yr Change+3.8%+2.8%
Median Income$14,000/yr$13,000/yr
Population1,000,00010,000,000
Guatemala CityView full details โ†’LimaView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Guatemala City or Lima more expensive?
Guatemala City is more affordable. Home prices differ by $45,000 (35%).
Which city has cheaper rent, Guatemala City or Lima?
Rent for a 1BR in Guatemala City is $350/mo vs $500/mo in Lima.

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