Cost of living comparison
Lima is 45.8% cheaper than Reykjavik.
If you lived in Lima instead of Reykjavik, you would:
pay 72.6% less for restaurants
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,783
|
$5.23
PEN19.38
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,507
|
$6.10
PEN22.61
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK439
|
$0.83
PEN3.07
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK304
|
$0.51
PEN1.89
|
|
pay 51.5% less for groceries
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK502
|
$2.42
PEN8.99
|
|
| Local cheese (8 oz) |
$7.76
ISK1,079
|
$4.22
PEN15.66
|
|
| Milk (1 gallon) |
$6.40
ISK891
|
$4.95
PEN18.37
|
|
|
Eggs
1 dozen
|
$5.76
ISK801
|
$2.70
PEN10.03
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,314
|
$2.25
PEN8.34
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$0.87
PEN3.24
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.50
PEN1.87
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$0.48
PEN1.78
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$0.52
PEN1.94
|
|
| Potatoes (1 lb) |
$1.43
ISK200
|
$0.53
PEN1.98
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$0.48
PEN1.77
|
|
pay 41.6% less for transportation
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,183
|
$5.39
PEN19.97
|
|
| Monthly public transit pass |
$74.95
ISK10,428
|
$23.85
PEN88.47
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,906,131
|
$23,163.52
PEN85,909.36
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,346
|
$20.14
PEN74.70
|
|
pay 57.8% less for housing
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,720
|
$26.56
PEN98.52
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK274,249
|
$575.58
PEN2,134.72
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,913
|
$363.71
PEN1,348.92
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,507
|
$44.01
PEN163.21
|
|
pay 7.5% more for childcare
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK35,080
|
$213.68
PEN792.50
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK833,944
|
$7,818.35
PEN28,996.87
|
|
pay 58.1% less for entertainment and sports
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,504
|
$2.12
PEN7.86
|
|
| Cappuccino in mid-range area |
$5.31
ISK738
|
$2.62
PEN9.71
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,704
|
$5.30
PEN19.66
|
|
| Monthly membership at local gym |
$69.95
ISK9,732
|
$30.52
PEN113.18
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,056
|
$7.95
PEN29.49
|
|
pay 46.4% less for clothing
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,161
|
$42.79
PEN158.71
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,918
|
$34.98
PEN129.74
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,127
|
$85.21
PEN316.02
|
|
| Men's business shoes (leather) |
$194.16
ISK27,013
|
$94.35
PEN349.93
|
|
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