Cost of living comparison

compared to

Monterrey vs. Lima Cost of Living Summary

Monterrey is 30.4% more expensive than Lima.

Restaurants: pay 80.0% more in Monterrey
Groceries: pay 36.4% more in Monterrey
Transportation: pay 1.5% more in Monterrey
Housing: pay 57.5% more in Monterrey
Childcare: pay 18.1% more in Monterrey
Entertainment and Sports: pay 4.4% more in Monterrey
Clothing: pay 14.6% more in Monterrey

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

Monterrey vs. Lima Cost Breakdown

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

Display currency: USD

pay 80.0% more for restaurants

	Lima	Monterrey
Basic meal with drink at inexpensive restaurant	$5.23 PEN19.58	$12.41 MX$256.04	+137.5%
Fast food combo meal McDonalds, or similar	$6.10 PEN22.84	$7.45 MX$153.62	+22.2%
Bottle of Coca-Cola (11 fl. oz)	$0.83 PEN3.10	$1.32 MX$27.18	+59.1%
Bottle of water (11 fl. oz)	$0.51 PEN1.91	$1.02 MX$21.14	+101.4%
Average			+80.0%

Lima vs. Monterrey - Cost of restaurants

Improve prices · Change currency (USD)

pay 36.4% more for groceries

	Lima	Monterrey
Bread 1 loaf	$2.42 PEN9.08	$2.48 MX$51.12	+2.3%
Local cheese (8 oz)	$4.22 PEN15.82	$4.82 MX$99.48	+14.2%
Milk (1 gallon)	$4.95 PEN18.56	$5.80 MX$119.72	+17.2%
Eggs 1 dozen	$2.70 PEN10.14	$2.62 MX$53.95	-3.3%
Boneless chicken breast (1 lb)	$2.25 PEN8.42	$3.94 MX$81.36	+75.5%
Apples (1 lb)	$0.87 PEN3.28	$1.30 MX$26.72	+48.1%
Bananas (1 lb)	$0.50 PEN1.89	$0.54 MX$11.21	+7.8%
Oranges (1 lb)	$0.48 PEN1.80	$0.75 MX$15.39	+55.2%
Tomatoes (1 lb)	$0.52 PEN1.96	$0.80 MX$16.56	+53.5%
Potatoes (1 lb)	$0.53 PEN2.00	$0.91 MX$18.71	+69.9%
Onions (1 lb)	$0.48 PEN1.79	$0.76 MX$15.73	+60.1%
Average			+36.4%

Lima vs. Monterrey - Cost of groceries

Improve prices · Change currency (USD)

pay 1.5% more for transportation

	Lima	Monterrey
Gasoline (1 gallon)	$5.39 PEN20.18	$4.63 MX$95.58	-14.0%
Monthly public transit pass	$23.85 PEN89.38	$42.19 MX$870.52	+76.9%
New Volkswagen Golf 1.4 (standard edition)	$23,163.52 PEN86,801.71	$22,338.02 MX$460,864.66	-3.6%
Taxi trip in downtown area (5 miles)	$20.14 PEN75.48	$9.43 MX$194.59	-53.2%
Average			+1.5%

Lima vs. Monterrey - Cost of transportation

Improve prices · Change currency (USD)

pay 57.5% more for housing

	Lima	Monterrey
Internet connection 50 mbps or faster, cable/dsl	$26.56 PEN99.54	$29.26 MX$603.60	+10.1%
1-Bedroom apartment in downtown area	$575.58 PEN2,156.90	$874.43 MX$18,040.68	+51.9%
1-Bedroom apartment outside city center	$363.71 PEN1,362.93	$618.73 MX$12,765.22	+70.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$44.01 PEN164.91	$87.13 MX$1,797.58	+98.0%
Average			+57.5%

Lima vs. Monterrey - Cost of housing

Improve prices · Change currency (USD)

pay 18.1% more for childcare

	Lima	Monterrey
Private preschool for 1 child, monthly	$213.68 PEN800.73	$314.39 MX$6,486.24	+47.1%
Middle school for 1 child, two semesters	$7,818.35 PEN29,298.06	$6,974.43 MX$143,892.19	-10.8%
Average			+18.1%

Lima vs. Monterrey - Cost of childcare

Improve prices · Change currency (USD)

pay 4.4% more for entertainment and sports

	Lima	Monterrey
Domestic/local beer (1 pint)	$2.12 PEN7.95	$2.48 MX$51.21	+17.1%
Cappuccino in mid-range area	$2.62 PEN9.82	$3.22 MX$66.48	+23.0%
Pack of cigarettes Marlboro or similar	$5.30 PEN19.86	$3.97 MX$81.93	-25.1%
Monthly membership at local gym	$30.52 PEN114.35	$40.33 MX$832.05	+32.2%
Movie ticket to theater/cinema	$7.95 PEN29.79	$5.96 MX$122.90	-25.1%
Average			+4.4%

Lima vs. Monterrey - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 14.6% more for clothing

	Lima	Monterrey
Regular jeans Levi's brand	$42.79 PEN160.36	$52.35 MX$1,080.09	+22.3%
Regular dress from H&M or similar store	$34.98 PEN131.09	$41.13 MX$848.50	+17.6%
Running shoes Nike or Adidas	$85.21 PEN319.30	$91.18 MX$1,881.14	+7.0%
Men's business shoes (leather)	$94.35 PEN353.56	$105.17 MX$2,169.84	+11.5%
Average			+14.6%

Lima vs. Monterrey - Cost of clothing

Improve prices · Change currency (USD)

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: January 2025

More cost comparisons

Lima vs.

Nairobi

Lima vs.

Canberra

Lima vs.

Phnom Penh

Lima vs.

London

Lima vs.

Manila

Lima vs.

Ottawa

Lima vs.

Washington

Lima vs.

Berlin

Share this

Compare countries by overall cost of living

See the cost of living in Peru vs. Mexico. This provides a comparison of the average cost of living from cities within Peru and Mexico.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

Add prices for Lima

Add prices for Monterrey

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Monterrey or Lima. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.