Can I Afford to Live in Lima vs Kansas City on $40K?

Here's how a $40K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Lima, PE
$2,728/mo take-home
Rent: $500/mo (18% of take-home)
Very comfortable
Kansas City, KS
$2,538/mo take-home
Rent: $1,050/mo (41% of take-home)
Tight

Monthly budget breakdown

Lima
PE
Kansas City
KS
Monthly take-home (est.)
$2,728Best ✓
$2,538
1BR rent
$500Best ✓
$1,050
Groceries (est.)
$380
$357Best ✓
Transport (est.)
$150
$55Best ✓
Utilities
$55Best ✓
$162
Internet
$25Best ✓
$58
Left after essentials
$1,618/month
$856/month
Lima (Lima Province) has no state income tax, boosting take-home vs Kansas City (KS rate: 5.7%).

Frequently asked questions

Is $40K a good salary in Lima?

At $40K/year in Lima, your estimated monthly take-home is $2,728. With 1BR rent around $500/month, rent takes up 18% of your take-home. That's considered very comfortable.

Is $40K a good salary in Kansas City?

At $40K/year in Kansas City, your estimated monthly take-home is $2,538. With 1BR rent around $1,050/month, rent takes up 41% of your take-home. That's considered tight.

Which city is more affordable on a $40K salary?

Lima leaves you with more money after core expenses — $1,618/month vs $856/month in Kansas City.

Can I afford to live alone in Lima on $40K?

Yes. At $40K in Lima, rent takes 18% of your take-home, leaving $1,618/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Lima vs Kansas City

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See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more — side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo · Q1 2026 · For general guidance only