Cost of living comparison
Lima is 34.9% cheaper than Madrid.
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
€15.41
|
$5.23
PEN19.38
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.28
|
$6.10
PEN22.61
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.67
|
$0.83
PEN3.07
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.73
|
$0.51
PEN1.89
|
|
pay 23.8% less for groceries
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.44
|
$2.42
PEN8.99
|
|
| Local cheese (8 oz) |
$6.92
€6.64
|
$4.22
PEN15.66
|
|
| Milk (1 gallon) |
$4.41
€4.23
|
$4.95
PEN18.37
|
|
|
Eggs
1 dozen
|
$3.05
€2.93
|
$2.70
PEN10.03
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.63
|
$2.25
PEN8.34
|
|
| Apples (1 lb) |
$1.13
€1.08
|
$0.87
PEN3.24
|
|
| Bananas (1 lb) |
$0.87
€0.83
|
$0.50
PEN1.87
|
|
| Oranges (1 lb) |
$1.01
€0.96
|
$0.48
PEN1.78
|
|
| Tomatoes (1 lb) |
$1.05
€1.01
|
$0.52
PEN1.94
|
|
| Potatoes (1 lb) |
$0.83
€0.80
|
$0.53
PEN1.98
|
|
| Onions (1 lb) |
$0.82
€0.79
|
$0.48
PEN1.77
|
|
pay 16.2% less for transportation
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.51
|
$5.39
PEN19.97
|
|
| Monthly public transit pass |
$42.87
€41.10
|
$23.85
PEN88.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,285.12
|
$23,163.52
PEN85,909.36
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.28
|
$20.14
PEN74.70
|
|
pay 52.5% less for housing
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.53
|
$26.56
PEN98.52
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,408.34
|
$575.58
PEN2,134.72
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,030.40
|
$363.71
PEN1,348.92
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€124.67
|
$44.01
PEN163.21
|
|
pay 42.4% less for childcare
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€544.17
|
$213.68
PEN792.50
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,654.34
|
$7,818.35
PEN28,996.87
|
|
pay 23.0% less for entertainment and sports
|
Madrid
|
Lima
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.60
|
$2.12
PEN7.86
|
|
| Cappuccino in mid-range area |
$2.59
€2.48
|
$2.62
PEN9.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.17
|
$5.30
PEN19.66
|
|
| Monthly membership at local gym |
$43.11
€41.34
|
$30.52
PEN113.18
|
|
| Movie ticket to theater/cinema |
$10.72
€10.28
|
$7.95
PEN29.49
|
|
pay 23.5% less for clothing
|
Madrid
|
Lima
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€86.77
|
$42.79
PEN158.71
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.68
|
$34.98
PEN129.74
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€93.84
|
$85.21
PEN316.02
|
|
| Men's business shoes (leather) |
$121.40
€116.39
|
$94.35
PEN349.93
|
|
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