The new and distinct cultivar of perennial Salvia plant named ‘;Lilac Lipstick’; characterized by its large, lilac-pink flowers from dark mauve buds and calyxes, densely arranged in verticils. The new plant has a medium height, compact, rounded habit with stiff, upright, heavily-branched stems and a strong vigorous growth rate and dark gray-green foliage. ‘;Lilac Lipstick’; is useful for landscaping as a specimen plant or en masse.