HomePricePeek

Lima vs Salt Lake City

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Lima vs Salt Lake City

Lima is 71% more affordable for homebuyers. Lima has a price-to-income ratio of 9.8x compared to 6.5x in Salt Lake City.

MetricLimaSalt Lake City
Avg Home Price$130,000$450,000
Price / sqm$2,200$4,200
Rent (1BR)$500/mo$1,400/mo
Rent (3BR)$900/mo$2,100/mo
Price-to-Income9.8x6.5x
Mortgage Rate7.5%6.8%
1yr Change+2.8%+1.8%
Median Income$13,000/yr$69,000/yr
Population10,000,000200,000
LimaView full details โ†’Salt Lake CityView 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 Salt Lake City more expensive?
Lima is more affordable. Home prices differ by $320,000 (71%).
Which city has cheaper rent, Lima or Salt Lake City?
Rent for a 1BR in Lima is $500/mo vs $1,400/mo in Salt Lake City.

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