Cost of living comparison

Peru

compared to

South Korea

Incheon vs. Lima Cost of Living Summary

Incheon is 25.5% more expensive than Lima.

Restaurants: pay 17.8% more in Incheon
Groceries: pay 2.3 times more in Incheon
Transportation: pay 8.2% less in Incheon
Housing: pay 8.7% more in Incheon
Childcare: pay 50.6% more in Incheon
Entertainment and Sports: pay 15.3% more in Incheon
Clothing: pay 2.6% less in Incheon

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

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Incheon vs. Lima Cost Breakdown

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

Display currency: USD

pay 17.8% more for restaurants

	Lima	Incheon
Basic meal with drink at inexpensive restaurant	$4.36 PEN15.03	$5.99 ₩8,167	+37.5%
Fast food combo meal McDonalds, or similar	$6.94 PEN23.95	$6.72 ₩9,161	-3.2%
Bottle of Coca-Cola (11 fl. oz)	$1.09 PEN3.76	$1.57 ₩2,138	+44.0%
Bottle of water (11 fl. oz)	$0.63 PEN2.18	$0.60 ₩823	-4.6%
Average			+17.8%

Lima vs. Incheon - Cost of restaurants

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pay 2.3 times more for groceries

	Lima	Incheon
Bread 1 loaf	$2.57 PEN8.89	$3.10 ₩4,224	+20.3%
Local cheese (8 oz)	$4.53 PEN15.65	$7.84 ₩10,688	+72.8%
Milk (1 gallon)	$6.09 PEN21.01	$7.79 ₩10,629	+28.0%
Eggs 1 dozen	$2.91 PEN10.05	$3.29 ₩4,484	+13.0%
Boneless chicken breast (1 lb)	$2.68 PEN9.27	$3.55 ₩4,848	+32.4%
Apples (1 lb)	$0.91 PEN3.14	$3.44 ₩4,694	+278.0%
Bananas (1 lb)	$0.48 PEN1.65	$1.47 ₩2,001	+207.8%
Oranges (1 lb)	$0.63 PEN2.18	$2.59 ₩3,537	+310.7%
Tomatoes (1 lb)	$0.68 PEN2.34	$2.83 ₩3,864	+318.7%
Potatoes (1 lb)	$0.42 PEN1.45	$1.58 ₩2,155	+277.2%
Onions (1 lb)	$0.40 PEN1.38	$1.10 ₩1,501	+174.7%
Average			+127.0%

Lima vs. Incheon - Cost of groceries

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pay 8.2% less for transportation

	Lima	Incheon
Gasoline (1 gallon)	$6.39 PEN22.04	$5.21 ₩7,111	-18.4%
Monthly public transit pass	$26.51 PEN91.51	$24.95 ₩34,029	-5.9%
New Volkswagen Golf 1.4 (standard edition)	$21,990.00 PEN75,904.49	$29,385.60 ₩40M	+33.6%
Taxi trip in downtown area (5 miles)	$20.18 PEN69.66	$8.51 ₩11,604	-57.8%
Average			-8.2%

Lima vs. Incheon - Cost of transportation

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pay 8.7% more for housing

	Lima	Incheon
Internet connection 50 mbps or faster, cable/dsl	$27.55 PEN95.09	$20.82 ₩28,392	-24.4%
1-Bedroom apartment in downtown area	$734.53 PEN2,535.44	$600.24 ₩819K	-18.3%
1-Bedroom apartment outside city center	$337.21 PEN1,163.99	$353.39 ₩482K	+4.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$55.42 PEN191.31	$160.90 ₩219K	+190.3%
Average			+8.7%

Lima vs. Incheon - Cost of housing

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pay 50.6% more for childcare

	Lima	Incheon
Private preschool for 1 child, monthly	$179.06 PEN618.06	$299.42 ₩408K	+67.2%
Middle school for 1 child, two semesters	$13,095.48 PEN45,202.64	$17,766.42 ₩24M	+35.7%
Average			+50.6%

Lima vs. Incheon - Cost of childcare

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pay 15.3% more for entertainment and sports

	Lima	Incheon
Domestic/local beer (1 pint)	$2.61 PEN9.02	$3.46 ₩4,723	+32.5%
Cappuccino in mid-range area	$3.24 PEN11.18	$3.66 ₩4,988	+12.9%
Pack of cigarettes Marlboro or similar	$5.76 PEN19.89	$3.36 ₩4,581	-41.7%
Monthly membership at local gym	$32.49 PEN112.14	$33.42 ₩45,582	+2.9%
Movie ticket to theater/cinema	$7.26 PEN25.06	$11.20 ₩15,269	+54.2%
Average			+15.3%

Lima vs. Incheon - Cost of entertainment and sports

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pay 2.6% less for clothing

	Lima	Incheon
Regular jeans Levi's brand	$52.80 PEN182.25	$57.88 ₩78,937	+9.6%
Regular dress from H&M or similar store	$34.89 PEN120.44	$32.77 ₩44,695	-6.1%
Running shoes Nike or Adidas	$83.72 PEN288.98	$69.99 ₩95,451	-16.4%
Men's business shoes (leather)	$78.93 PEN272.43	$82.45 ₩112K	+4.5%
Average			-2.6%

Lima vs. Incheon - 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 November 2026). How we calculate this

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