HomePricePeek

Lima vs Mumbai

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Lima vs Mumbai

Lima is 48% more affordable for homebuyers. Lima has a price-to-income ratio of 9.8x compared to 22.8x in Mumbai.

MetricLimaMumbai
Avg Home Price$130,000$250,000
Price / sqm$2,200$6,500
Rent (1BR)$500/mo$600/mo
Rent (3BR)$900/mo$1,200/mo
Price-to-Income9.8x22.8x
Mortgage Rate7.5%8.5%
1yr Change+2.8%+3.8%
Median Income$13,000/yr$11,000/yr
Population10,000,00021,000,000
LimaView full details โ†’MumbaiView 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 Lima or Mumbai more expensive?
Lima is more affordable. Home prices differ by $120,000 (48%).
Which city has cheaper rent, Lima or Mumbai?
Rent for a 1BR in Lima is $500/mo vs $600/mo in Mumbai.

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