HomePricePeek

Las Vegas vs Lima

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Las Vegas vs Lima

Lima is 66% more affordable for homebuyers. Las Vegas has a price-to-income ratio of 5.8x compared to 9.8x in Lima.

MetricLas VegasLima
Avg Home Price$380,000$130,000
Price / sqm$3,200$2,200
Rent (1BR)$1,400/mo$500/mo
Rent (3BR)$2,100/mo$900/mo
Price-to-Income5.8x9.8x
Mortgage Rate6.8%7.5%
1yr Change+4.5%+2.8%
Median Income$66,000/yr$13,000/yr
Population640,00010,000,000
Las VegasView 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 Las Vegas or Lima more expensive?
Lima is more affordable. Home prices differ by $250,000 (66%).
Which city has cheaper rent, Las Vegas or Lima?
Rent for a 1BR in Las Vegas is $1,400/mo vs $500/mo in Lima.

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