Cost of living comparison

Peru

compared to

South Korea

Busan vs. Lima Cost of Living Summary

Busan is 51.4% more expensive than Lima.

Restaurants: pay 43.2% more in Busan
Groceries: pay 2.6 times more in Busan
Transportation: pay 15.7% more in Busan
Housing: pay 19.2% more in Busan
Childcare: pay 2.4 times more in Busan
Entertainment and Sports: pay 39.2% more in Busan
Clothing: pay 60.5% more in Busan

The cost of groceries, childcare, clothing, restaurants, entertainment and sports, and housing in Busan are more expensive than in Lima. Notably, groceries and childcare are significantly more expensive in Busan.

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Busan vs. Lima Cost Breakdown

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

Display currency: USD

pay 43.2% more for restaurants

	Lima	Busan
Basic meal with drink at inexpensive restaurant	$4.36 PEN15.00	$7.46 ₩9,962	+71.4%
Fast food combo meal McDonalds, or similar	$6.94 PEN23.91	$6.64 ₩8,867	-4.3%
Bottle of Coca-Cola (11 fl. oz)	$1.09 PEN3.75	$1.82 ₩2,433	+67.4%
Bottle of water (11 fl. oz)	$0.63 PEN2.18	$1.42 ₩1,893	+124.0%
Average			+43.2%

Lima vs. Busan - Cost of restaurants

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pay 2.6 times more for groceries

	Lima	Busan
Bread 1 loaf	$2.57 PEN8.87	$3.17 ₩4,234	+23.2%
Local cheese (8 oz)	$4.53 PEN15.62	$5.50 ₩7,347	+21.4%
Milk (1 gallon)	$6.09 PEN20.97	$8.67 ₩11,568	+42.4%
Eggs 1 dozen	$2.91 PEN10.03	$2.66 ₩3,556	-8.5%
Boneless chicken breast (1 lb)	$2.68 PEN9.25	$4.74 ₩6,326	+76.5%
Apples (1 lb)	$0.91 PEN3.14	$5.08 ₩6,778	+457.6%
Bananas (1 lb)	$0.48 PEN1.64	$1.65 ₩2,203	+246.3%
Oranges (1 lb)	$0.63 PEN2.18	$3.68 ₩4,906	+482.0%
Tomatoes (1 lb)	$0.68 PEN2.33	$2.69 ₩3,593	+297.7%
Potatoes (1 lb)	$0.42 PEN1.44	$2.71 ₩3,615	+546.7%
Onions (1 lb)	$0.40 PEN1.38	$1.51 ₩2,011	+276.2%
Average			+160.4%

Lima vs. Busan - Cost of groceries

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pay 15.7% more for transportation

	Lima	Busan
Gasoline (1 gallon)	$6.39 PEN22.00	$5.24 ₩6,996	-17.9%
Monthly public transit pass	$26.51 PEN91.33	$59.71 ₩79,700	+125.2%
New Volkswagen Golf 1.4 (standard edition)	$21,990.00 PEN75,751.70	$29,385.60 ₩39M	+33.6%
Taxi trip in downtown area (5 miles)	$20.18 PEN69.52	$9.55 ₩12,752	-52.7%
Average			+15.7%

Lima vs. Busan - Cost of transportation

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pay 19.2% more for housing

	Lima	Busan
Internet connection 50 mbps or faster, cable/dsl	$27.55 PEN94.90	$27.06 ₩36,114	-1.8%
1-Bedroom apartment in downtown area	$734.53 PEN2,530.34	$720.80 ₩962K	-1.9%
1-Bedroom apartment outside city center	$337.21 PEN1,161.65	$365.55 ₩488K	+8.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$55.42 PEN190.93	$152.90 ₩204K	+175.9%
Average			+19.2%

Lima vs. Busan - Cost of housing

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pay 2.4 times more for childcare

	Lima	Busan
Private preschool for 1 child, monthly	$179.06 PEN616.82	$634.44 ₩847K	+254.3%
Middle school for 1 child, two semesters	$13,095.48 PEN45,111.65	$21,781.84 ₩29M	+66.3%
Average			+142.8%

Lima vs. Busan - Cost of childcare

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pay 39.2% more for entertainment and sports

	Lima	Busan
Domestic/local beer (1 pint)	$2.61 PEN9.00	$3.73 ₩4,981	+42.8%
Cappuccino in mid-range area	$3.24 PEN11.16	$3.68 ₩4,908	+13.5%
Pack of cigarettes Marlboro or similar	$5.76 PEN19.85	$3.36 ₩4,483	-41.7%
Monthly membership at local gym	$32.49 PEN111.92	$62.51 ₩83,435	+92.4%
Movie ticket to theater/cinema	$7.26 PEN25.01	$11.94 ₩15,940	+64.5%
Average			+39.2%

Lima vs. Busan - Cost of entertainment and sports

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pay 60.5% more for clothing

	Lima	Busan
Regular jeans Levi's brand	$52.80 PEN181.88	$104.50 ₩139K	+97.9%
Regular dress from H&M or similar store	$34.89 PEN120.20	$65.31 ₩87,171	+87.2%
Running shoes Nike or Adidas	$83.72 PEN288.40	$93.30 ₩125K	+11.4%
Men's business shoes (leather)	$78.93 PEN271.88	$126.89 ₩169K	+60.8%
Average			+60.5%

Lima vs. Busan - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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