Cost of living comparison
Lima is 34.9% cheaper than Madrid.
- Restaurants
-
pay 63.2% less in Lima
- Groceries
-
pay 23.8% less in Lima
- Transportation
-
pay 16.2% less in Lima
- Housing
-
pay 52.5% less in Lima
- Childcare
-
pay 42.4% less in Lima
- Entertainment and Sports
-
pay 23.0% less in Lima
- Clothing
-
pay 23.5% less in Lima
Expenses including restaurants, housing, childcare, groceries, clothing, and entertainment and sports are lower in Lima.
If you lived in Lima instead of Madrid, you would:
pay 63.2% less for restaurants
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.84
|
$5.23
PEN19.11
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.89
|
$6.10
PEN22.30
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.57
|
$0.83
PEN3.03
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.67
|
$0.51
PEN1.86
|
|
pay 23.8% less for groceries
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.38
|
$2.42
PEN8.86
|
|
| Local cheese (8 oz) |
$6.92
€6.39
|
$4.22
PEN15.44
|
|
| Milk (1 gallon) |
$4.41
€4.07
|
$4.95
PEN18.12
|
|
|
Eggs
1 dozen
|
$3.05
€2.82
|
$2.70
PEN9.89
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.49
|
$2.25
PEN8.22
|
|
| Apples (1 lb) |
$1.13
€1.04
|
$0.87
PEN3.20
|
|
| Bananas (1 lb) |
$0.87
€0.80
|
$0.50
PEN1.84
|
|
| Oranges (1 lb) |
$1.01
€0.93
|
$0.48
PEN1.76
|
|
| Tomatoes (1 lb) |
$1.05
€0.97
|
$0.52
PEN1.91
|
|
| Potatoes (1 lb) |
$0.83
€0.77
|
$0.53
PEN1.95
|
|
| Onions (1 lb) |
$0.82
€0.76
|
$0.48
PEN1.74
|
|
pay 16.2% less for transportation
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.26
|
$5.39
PEN19.70
|
|
| Monthly public transit pass |
$42.87
€39.58
|
$23.85
PEN87.25
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€33,012.73
|
$23,163.52
PEN84,730.17
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.75
|
$20.14
PEN73.68
|
|
pay 52.5% less for housing
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€29.40
|
$26.56
PEN97.17
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,356.07
|
$575.58
PEN2,105.42
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€992.16
|
$363.71
PEN1,330.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€120.04
|
$44.01
PEN160.97
|
|
pay 42.4% less for childcare
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€523.97
|
$213.68
PEN781.62
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,296.04
|
$7,818.35
PEN28,598.86
|
|
pay 23.0% less for entertainment and sports
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.46
|
$2.12
PEN7.76
|
|
| Cappuccino in mid-range area |
$2.59
€2.39
|
$2.62
PEN9.58
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.94
|
$5.30
PEN19.39
|
|
| Monthly membership at local gym |
$43.11
€39.80
|
$30.52
PEN111.62
|
|
| Movie ticket to theater/cinema |
$10.72
€9.89
|
$7.95
PEN29.08
|
|
pay 23.5% less for clothing
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€83.55
|
$42.79
PEN156.53
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€34.35
|
$34.98
PEN127.96
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€90.36
|
$85.21
PEN311.68
|
|
| Men's business shoes (leather) |
$121.40
€112.07
|
$94.35
PEN345.13
|
|
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