ΔE 17.9, loose: different enough that you should pick on purpose. Lipstick is a little lighter, much more saturated, cooler than Terracota.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 18). Lipstick is a little lighter, much more saturated, cooler than Terracota.
The same difference applies the other way round: Terracota is a little darker, much more muted, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Terracota on the colour wheel See Lipstick on the colour wheel
All matches: Terracota equivalents · Lipstick equivalents