Cost of living comparison

compared to

Lima vs. Monterrey Cost of Living Summary

Lima is 13.7% cheaper than Monterrey.

Restaurants: pay 40.9% less in Lima
Groceries: pay 23.4% less in Lima
Transportation: pay 22.5% more in Lima
Housing: pay 33.5% less in Lima
Childcare: pay 9.9% less in Lima
Entertainment and Sports: pay 1.9% more in Lima
Clothing: pay 12.5% less in Lima

The cost of transportation and entertainment and sports in Lima are more expensive than in Monterrey. Expenses including restaurants, housing, groceries, clothing, and childcare are lower in Lima.

Lima vs. Monterrey Cost Breakdown

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

Display currency: USD

pay 40.9% less for restaurants

	Monterrey	Lima
Basic meal with drink at inexpensive restaurant	$12.41 MX$256.04	$5.23 PEN19.58	-57.9%
Fast food combo meal McDonalds, or similar	$7.45 MX$153.62	$6.10 PEN22.84	-18.1%
Bottle of Coca-Cola (11 fl. oz)	$1.32 MX$27.18	$0.83 PEN3.10	-37.1%
Bottle of water (11 fl. oz)	$1.02 MX$21.14	$0.51 PEN1.91	-50.3%
Average			-40.9%

Monterrey vs. Lima - Cost of restaurants

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pay 23.4% less for groceries

	Monterrey	Lima
Bread 1 loaf	$2.48 MX$51.12	$2.42 PEN9.08	-2.2%
Local cheese (8 oz)	$4.82 MX$99.48	$4.22 PEN15.82	-12.5%
Milk (1 gallon)	$5.80 MX$119.72	$4.95 PEN18.56	-14.7%
Eggs 1 dozen	$2.62 MX$53.95	$2.70 PEN10.14	+3.4%
Boneless chicken breast (1 lb)	$3.94 MX$81.36	$2.25 PEN8.42	-43.0%
Apples (1 lb)	$1.30 MX$26.72	$0.87 PEN3.28	-32.5%
Bananas (1 lb)	$0.54 MX$11.21	$0.50 PEN1.89	-7.3%
Oranges (1 lb)	$0.75 MX$15.39	$0.48 PEN1.80	-35.6%
Tomatoes (1 lb)	$0.80 MX$16.56	$0.52 PEN1.96	-34.8%
Potatoes (1 lb)	$0.91 MX$18.71	$0.53 PEN2.00	-41.1%
Onions (1 lb)	$0.76 MX$15.73	$0.48 PEN1.79	-37.5%
Average			-23.4%

Monterrey vs. Lima - Cost of groceries

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pay 22.5% more for transportation

	Monterrey	Lima
Gasoline (1 gallon)	$4.63 MX$95.58	$5.39 PEN20.18	+16.2%
Monthly public transit pass	$42.19 MX$870.52	$23.85 PEN89.38	-43.5%
New Volkswagen Golf 1.4 (standard edition)	$22,338.02 MX$460,864.66	$23,163.52 PEN86,801.71	+3.7%
Taxi trip in downtown area (5 miles)	$9.43 MX$194.59	$20.14 PEN75.48	+113.6%
Average			+22.5%

Monterrey vs. Lima - Cost of transportation

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pay 33.5% less for housing

	Monterrey	Lima
Internet connection 50 mbps or faster, cable/dsl	$29.26 MX$603.60	$26.56 PEN99.54	-9.2%
1-Bedroom apartment in downtown area	$874.43 MX$18,040.68	$575.58 PEN2,156.90	-34.2%
1-Bedroom apartment outside city center	$618.73 MX$12,765.22	$363.71 PEN1,362.93	-41.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$87.13 MX$1,797.58	$44.01 PEN164.91	-49.5%
Average			-33.5%

Monterrey vs. Lima - Cost of housing

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pay 9.9% less for childcare

	Monterrey	Lima
Private preschool for 1 child, monthly	$314.39 MX$6,486.24	$213.68 PEN800.73	-32.0%
Middle school for 1 child, two semesters	$6,974.43 MX$143,892.19	$7,818.35 PEN29,298.06	+12.1%
Average			-9.9%

Monterrey vs. Lima - Cost of childcare

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pay 1.9% more for entertainment and sports

	Monterrey	Lima
Domestic/local beer (1 pint)	$2.48 MX$51.21	$2.12 PEN7.95	-14.6%
Cappuccino in mid-range area	$3.22 MX$66.48	$2.62 PEN9.82	-18.7%
Pack of cigarettes Marlboro or similar	$3.97 MX$81.93	$5.30 PEN19.86	+33.5%
Monthly membership at local gym	$40.33 MX$832.05	$30.52 PEN114.35	-24.3%
Movie ticket to theater/cinema	$5.96 MX$122.90	$7.95 PEN29.79	+33.5%
Average			+1.9%

Monterrey vs. Lima - Cost of entertainment and sports

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pay 12.5% less for clothing

	Monterrey	Lima
Regular jeans Levi's brand	$52.35 MX$1,080.09	$42.79 PEN160.36	-18.3%
Regular dress from H&M or similar store	$41.13 MX$848.50	$34.98 PEN131.09	-14.9%
Running shoes Nike or Adidas	$91.18 MX$1,881.14	$85.21 PEN319.30	-6.5%
Men's business shoes (leather)	$105.17 MX$2,169.84	$94.35 PEN353.56	-10.3%
Average			-12.5%

Monterrey vs. Lima - Cost of clothing

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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: January 2025

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