HomePricePeek

Lima vs Rio de Janeiro

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Lima vs Rio de Janeiro

Lima is 35% more affordable for homebuyers. Lima has a price-to-income ratio of 9.8x compared to 9.2x in Rio de Janeiro.

MetricLimaRio de Janeiro
Avg Home Price$130,000$200,000
Price / sqm$2,200$3,800
Rent (1BR)$500/mo$550/mo
Rent (3BR)$900/mo$1,000/mo
Price-to-Income9.8x9.2x
Mortgage Rate7.5%11.5%
1yr Change+2.8%+2.5%
Median Income$13,000/yr$22,000/yr
Population10,000,0006,700,000
LimaView full details โ†’Rio de JaneiroView 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 Rio de Janeiro more expensive?
Lima is more affordable. Home prices differ by $70,000 (35%).
Which city has cheaper rent, Lima or Rio de Janeiro?
Rent for a 1BR in Lima is $500/mo vs $550/mo in Rio de Janeiro.

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