Lima is still one of the least expensive cities in the world for foreigners; according to the latest survey on the Cost of Living conducted by US consultancy Mercer, Peru’s capital ranks 135 from a total 214 cities around the world.
This study was conducted at the end of the first quarter and measures the comparative cost of more than 200 products and services in 300 establishments, including housing, transportation, food, clothing, furniture, appliances and entertainment.
Lima ranking for the first quarter goes up 13 positions compared to the same period in 2009, when it ranked 122; in 2008 it ranked 115.
Mercer told EFE news agency that governments and multinational corporations use data from these surveys to get an idea of the purchasing power of their employees sent to work abroad.
However, this also applies to tourists and business conducted by foreign in different capitals of the world.
More info clicking here.
Have news you’d like to see in LivinginPeru.com? Contribute an article, whether it’s translated or based on your own reporting. Contact firstname.lastname@example.org.