With nearly 10 million residents, Lima is South America's fourth largest city, trailing just behind São Paulo, Buenos Aires and Rio de Janeiro, and that energy infuses the music and nightlife as well. Lima is split into 30 districts (43 if you count the outside districts of the Lima province), so living options range from the densely populated, always-on areas to more residential and quiet spots.

Lima is also home to world heritage site museums with great works of art, archaeological sites, beaches, the boardwalk, valleys, natural reserves, the nightlife, the thrill of adventure sports, according to Peru Travel. The exquisite cuisine also gives Peru's capital an authentic personality and makes tourism in Lima a unique experience in the country.

BBC says that, residents won't stop raving about the quality of the food. It has more restaurants listed in the San Pellegrino World 50 list than any city outside of Tokyo - and that includes Paris, London, and New York. Haute cuisine doesn't necessarily come with outrageous prices either.

Though the city is growing more expensive, especially in comparison to other cities in Peru, Lima is still much more affordable than cities in its fellow South American countries. According to price comparison site Expatistan.com, Lima is about 25% less expensive on average than Rio de Janeiro and Buenos Aires for food, housing and transportation, and about 60% less expensive than New York City in those categories.