Cost of living comparison

compared to

Granada vs. Lima Cost of Living Summary

Granada is 17.9% cheaper than Lima.

Restaurants
pay 5.5% less in Granada
Groceries
pay 7.9% more in Granada
Transportation
pay 37.5% less in Granada
Housing
pay 13.1% more in Granada
Childcare
pay 31.2% less in Granada
Entertainment and Sports
pay 21.2% less in Granada
Clothing
pay 50.6% less in Granada

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

Granada vs. Lima Cost Breakdown

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

pay 5.5% less for restaurants

 
Lima
Granada
Basic meal with drink at inexpensive restaurant $4.28
PEN14.40
$4.24
NIO155.96
Fast food combo meal
McDonalds, or similar
$7.14
PEN24.00
$7.00
NIO257.61
Bottle of Coca-Cola (11 fl. oz) $1.01
PEN3.38
$0.82
NIO30.13

Improve prices ·

pay 7.9% more for groceries

 
Lima
Granada
Bread
1 loaf
$2.67
PEN8.96
$1.56
NIO57.50
Local cheese (8 oz) $4.52
PEN15.19
$2.48
NIO91.27
Milk (1 gallon) $5.76
PEN19.35
$4.42
NIO162.52

Improve prices ·

pay 37.5% less for transportation

 
Lima
Granada
Gasoline (1 gallon) $5.20
PEN17.47
$4.89
NIO180.03
Monthly public transit pass $22.85
PEN76.80
$4.00
NIO147.20
New Volkswagen Golf 1.4 (standard edition) $19,990.85
PEN67,196.30
$22,973.64
NIO845,447.14

Improve prices ·

pay 13.1% more for housing

 
Lima
Granada
Internet connection
50 mbps or faster, cable/dsl
$24.99
PEN83.99
$36.87
NIO1,356.96
1-Bedroom apartment in downtown area $661.42
PEN2,223.28
$383.33
NIO14,106.96
1-Bedroom apartment outside city center $374.24
PEN1,257.94
$275.00
NIO10,120.21

Improve prices ·

pay 31.2% less for childcare

 
Lima
Granada
Private preschool for 1 child, monthly $192.22
PEN646.12
$124.17
NIO4,569.43
Middle school for 1 child, two semesters $8,215.29
PEN27,614.48
$6,000.00
NIO220,804.53

Improve prices ·

pay 21.2% less for entertainment and sports

 
Lima
Granada
Domestic/local beer (1 pint) $2.28
PEN7.68
$1.30
NIO48.00
Cappuccino in mid-range area $2.61
PEN8.79
$1.72
NIO63.47
Pack of cigarettes
Marlboro or similar
$5.71
PEN19.20
$2.66
NIO97.86

Improve prices ·

pay 50.6% less for clothing

 
Lima
Granada
Regular jeans
Levi's brand
$51.07
PEN171.67
$15.00
NIO552.01
Regular dress
from H&M or similar store
$35.74
PEN120.12
$30.00
NIO1,104.02
Running shoes
Nike or Adidas
$83.99
PEN282.33
$35.00
NIO1,288.03

Improve prices ·
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: December 2025
Share this

Compare countries by overall cost of living

See the cost of living in Peru vs. Nicaragua. This provides a comparison of the average cost of living from cities within Peru and Nicaragua.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Granada or Lima. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.