Cost of living comparison

 Lima, Peru
compared to
 Busan, South Korea
Busan vs. Lima Cost of Living Summary

Busan is 68.6% more expensive than Lima.

Restaurants
pay 72.0% more in Busan
Groceries
pay 3.0 times more in Busan
Transportation
pay 7.4% more in Busan
Housing
pay 4.2% more in Busan
Childcare
pay 99.9% more in Busan
Entertainment and Sports
pay 35.9% more in Busan
Clothing
pay 61.5% more in Busan

The cost of groceries, childcare, restaurants, clothing, entertainment and sports, and transportation in Busan are more expensive than in Lima. Notably, groceries and childcare are significantly more expensive in Busan.

Busan vs. Lima Cost Breakdown

If you lived in Busan instead of Lima, you would:

pay 72.0% more for restaurants

 
Lima
Busan
Basic meal with drink at inexpensive restaurant $5.23
PEN19.26
$6.45
₩9,018
Fast food combo meal
McDonalds, or similar
$6.10
PEN22.46
$5.91
₩8,267
Bottle of Coca-Cola (11 fl. oz) $0.83
PEN3.05
$1.84
₩2,568

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pay 3.0 times more for groceries

 
Lima
Busan
Bread
1 loaf
$2.42
PEN8.93
$3.58
₩5,010
Local cheese (8 oz) $4.22
PEN15.56
$5.10
₩7,140
Milk (1 gallon) $4.95
PEN18.25
$8.49
₩11,875

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pay 7.4% more for transportation

 
Lima
Busan
Gasoline (1 gallon) $5.39
PEN19.85
$4.38
₩6,134
Monthly public transit pass $23.85
PEN87.90
$42.97
₩60,123
New Volkswagen Golf 1.4 (standard edition) $23,163.52
PEN85,362.33
$27,023.07
₩37,808,512

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pay 4.2% more for housing

 
Lima
Busan
Internet connection
50 mbps or faster, cable/dsl
$26.56
PEN97.89
$16.11
₩22,546
1-Bedroom apartment in downtown area $575.58
PEN2,121.13
$471.50
₩659,686
1-Bedroom apartment outside city center $363.71
PEN1,340.33
$286.48
₩400,822

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pay 99.9% more for childcare

 
Lima
Busan
Private preschool for 1 child, monthly $213.68
PEN787.45
$477.47
₩668,036
Middle school for 1 child, two semesters $7,818.35
PEN28,812.23
$13,786.91
₩19,289,546

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pay 35.9% more for entertainment and sports

 
Lima
Busan
Domestic/local beer (1 pint) $2.12
PEN7.81
$3.58
₩5,010
Cappuccino in mid-range area $2.62
PEN9.65
$3.82
₩5,348
Pack of cigarettes
Marlboro or similar
$5.30
PEN19.53
$3.22
₩4,509

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pay 61.5% more for clothing

 
Lima
Busan
Regular jeans
Levi's brand
$42.79
PEN157.70
$100.27
₩140,288
Regular dress
from H&M or similar store
$34.98
PEN128.92
$64.46
₩90,185
Running shoes
Nike or Adidas
$85.21
PEN314.00
$90.24
₩126,259

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: May 2025
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See the cost of living in Peru vs. South Korea. This provides a comparison of the average cost of living from cities within Peru and South Korea.

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