$80K in Minneapolis = $30,189 in Lima
Your $80K salary in Minneapolis (COL 106) has the same purchasing power as $30,189 in Lima (COL 40). Lima is cheaper — your money goes 62% further there.
Budget breakdown — $80K in both cities
What $80K actually buys you in each city after taxes and core expenses.
| Expense | Minneapolis $80K | Lima $80K (same salary) |
|---|---|---|
| Monthly take-home | $4,397 | $5,057 |
| 1BR rent | $1,700 | $500 |
| Groceries | $391 | $380 |
| Transport | $95 | $150 |
| Utilities | $195 | $55 |
| Internet | $65 | $25 |
| Left after essentials | $1,951/month | $3,947/month |
Frequently asked questions
What is $80K in Minneapolis equivalent to in Lima?
$80K in Minneapolis (COL index 106) has the same purchasing power as $30,189 in Lima (COL index 40). That's 62% less than your current salary.
If I move from Minneapolis to Lima keeping my $80K salary, will I be better off?
Yes. If you keep earning $80K after moving to Lima, you'd have $1,996 more per month after core expenses — because Lima is cheaper than Minneapolis.
How is the salary equivalent calculated?
The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $80K × (40 ÷ 106) = $30,189. This adjusts for differences in housing, food, transport, and general cost of living.
Other salary amounts — Minneapolis to Lima
Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only