Retire in Peru: Cost of Living in Peru $500 to $700 a Month Overlooking the Pacific Ocean
View from my $700 apartment in Peru - Overlooking the Pacific Ocean - Click to Watch the Video If you dream of a vibrant retirement destination, Peru might be your paradise. It offers breathtaking coastal views, rich culture, and affordable living. With a population of over 34 million, Peru is a country of stunning contrasts—from high Andean peaks and lush jungles to dramatic Pacific coastlines. Lima's capital city is home to around 10 million residents , making it the largest metropolitan area, followed by Arequipa (1 million) and Trujillo (just under 1 million). The Cost of Living in Peru. Retirees are often amazed at how far their dollars stretch in Peru . In downtown Lima , a comfortable one-bedroom apartment might cost $500 to $800 per month , depending on the neighborhood . But move just outside the city center or into coastal gems like Huanchaco, Mancora, or even the Miraflores district overlooking the Pacific . You can find modern condos for unde...