Cost of living comparison
Lima is 44.1% cheaper than Iceland.
If you lived in Lima instead of Iceland, you would:
pay 70.6% less for restaurants
|
Iceland
|
Lima
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,675
|
$5.23
PEN19.48
|
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,336
|
$6.10
PEN22.73
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK388
|
$0.83
PEN3.09
|
|
| Bottle of water (11 fl. oz) |
$2.02
ISK279
|
$0.51
PEN1.90
|
|
pay 46.1% less for groceries
|
Iceland
|
Lima
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.95
ISK407
|
$2.42
PEN9.04
|
|
| Local cheese (8 oz) |
$7.27
ISK1,002
|
$4.22
PEN15.74
|
|
| Milk (1 gallon) |
$6.01
ISK828
|
$4.95
PEN18.46
|
|
|
Eggs
1 dozen
|
$5.42
ISK747
|
$2.70
PEN10.08
|
|
| Boneless chicken breast (1 lb) |
$8.51
ISK1,173
|
$2.25
PEN8.38
|
|
| Apples (1 lb) |
$1.22
ISK169
|
$0.87
PEN3.26
|
|
| Bananas (1 lb) |
$1.03
ISK142
|
$0.50
PEN1.88
|
|
| Oranges (1 lb) |
$1.17
ISK161
|
$0.48
PEN1.79
|
|
| Tomatoes (1 lb) |
$1.87
ISK258
|
$0.52
PEN1.95
|
|
| Potatoes (1 lb) |
$1.23
ISK170
|
$0.53
PEN1.99
|
|
| Onions (1 lb) |
$0.78
ISK108
|
$0.48
PEN1.78
|
|
pay 38.4% less for transportation
|
Iceland
|
Lima
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.36
ISK1,153
|
$5.39
PEN20.08
|
|
| Monthly public transit pass |
$71.28
ISK9,828
|
$23.85
PEN88.93
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,606,292
|
$23,163.52
PEN86,363.53
|
|
| Taxi trip in downtown area (5 miles) |
$22.04
ISK3,038
|
$20.14
PEN75.10
|
|
pay 57.9% less for housing
|
Iceland
|
Lima
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK9,951
|
$26.56
PEN99.04
|
|
| 1-Bedroom apartment in downtown area |
$1,838.04
ISK253,429
|
$575.58
PEN2,146.01
|
|
| 1-Bedroom apartment outside city center |
$1,497.77
ISK206,513
|
$363.71
PEN1,356.05
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK7,999
|
$44.01
PEN164.08
|
|
pay 6.6% more for childcare
|
Iceland
|
Lima
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$258.16
ISK35,596
|
$213.68
PEN796.69
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK826,452
|
$7,818.35
PEN29,150.16
|
|
pay 54.1% less for entertainment and sports
|
Iceland
|
Lima
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.19
ISK1,267
|
$2.12
PEN7.91
|
|
| Cappuccino in mid-range area |
$4.65
ISK641
|
$2.62
PEN9.77
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,621
|
$5.30
PEN19.76
|
|
| Monthly membership at local gym |
$61.46
ISK8,474
|
$30.52
PEN113.77
|
|
| Movie ticket to theater/cinema |
$14.35
ISK1,978
|
$7.95
PEN29.64
|
|
pay 48.5% less for clothing
|
Iceland
|
Lima
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.23
ISK15,336
|
$42.79
PEN159.55
|
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,230
|
$34.98
PEN130.43
|
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,406
|
$85.21
PEN317.69
|
|
| Men's business shoes (leather) |
$184.49
ISK25,438
|
$94.35
PEN351.78
|
|
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