Cost of living comparison

Peru

compared to

Chile

Iquique vs. Lima Cost of Living Summary

Iquique is 4.9% cheaper than Lima.

Restaurants: pay 37.1% more in Iquique
Groceries: pay 3.4% less in Iquique
Transportation: pay 14.9% less in Iquique
Housing: pay 13.5% less in Iquique
Childcare: pay 42.9% more in Iquique
Entertainment and Sports: pay 19.7% more in Iquique
Clothing: pay 37.1% less in Iquique

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

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Iquique vs. Lima Cost Breakdown

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

Display currency: USD

pay 37.1% more for restaurants

	Lima	Iquique
Basic meal with drink at inexpensive restaurant	$4.36 PEN14.95	$7.67 CLF0.1900	+76.2%
Fast food combo meal McDonalds, or similar	$6.94 PEN23.82	$6.96 CLF0.1800	+0.3%
Bottle of Coca-Cola (11 fl. oz)	$1.09 PEN3.74	$1.26 CLF0.0300	+15.9%
Bottle of water (11 fl. oz)	$0.63 PEN2.17	$0.99 CLF0.0200	+56.3%
Average			+37.1%

Lima vs. Iquique - Cost of restaurants

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pay 3.4% less for groceries

	Lima	Iquique
Bread 1 loaf	$2.57 PEN8.84	$1.15 CLF0.0300	-55.3%
Local cheese (8 oz)	$4.53 PEN15.56	$5.12 CLF0.1300	+12.8%
Milk (1 gallon)	$6.09 PEN20.89	$4.20 CLF0.1100	-31.1%
Eggs 1 dozen	$2.91 PEN9.99	$3.07 CLF0.0800	+5.5%
Boneless chicken breast (1 lb)	$2.68 PEN9.21	$4.64 CLF0.1200	+72.9%
Apples (1 lb)	$0.91 PEN3.13	$1.02 CLF0.0300	+12.1%
Bananas (1 lb)	$0.48 PEN1.64	$1.00 CLF0.0300	+109.3%
Oranges (1 lb)	$0.63 PEN2.17	$0.70 CLF0.0200	+10.2%
Tomatoes (1 lb)	$0.68 PEN2.32	$0.49 CLF0.0100	-28.0%
Potatoes (1 lb)	$0.42 PEN1.44	$0.35 CLF0.0100	-16.9%
Onions (1 lb)	$0.40 PEN1.37	$0.28 CLF0.0100	-30.5%
Average			-3.4%

Lima vs. Iquique - Cost of groceries

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pay 14.9% less for transportation

	Lima	Iquique
Gasoline (1 gallon)	$6.39 PEN21.92	$5.43 CLF0.1400	-14.9%
Monthly public transit pass	$26.51 PEN90.98	??
New Volkswagen Golf 1.4 (standard edition)	$21,990.00 PEN75,466.91	??
Taxi trip in downtown area (5 miles)	$20.18 PEN69.26	??
Average			-14.9%

Lima vs. Iquique - Cost of transportation

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pay 13.5% less for housing

	Lima	Iquique
Internet connection 50 mbps or faster, cable/dsl	$27.55 PEN94.54	$23.53 CLF0.5900	-14.6%
1-Bedroom apartment in downtown area	$734.53 PEN2,520.82	$422.09 CLF10.6400	-42.5%
1-Bedroom apartment outside city center	$337.21 PEN1,157.28	$388.83 CLF9.8000	+15.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$55.42 PEN190.21	$66.69 CLF1.6800	+20.3%
Average			-13.5%

Lima vs. Iquique - Cost of housing

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pay 42.9% more for childcare

	Lima	Iquique
Private preschool for 1 child, monthly	$179.06 PEN614.50	$255.81 CLF6.4500	+42.9%
Middle school for 1 child, two semesters	$13,095.48 PEN44,942.05	??
Average			+42.9%

Lima vs. Iquique - Cost of childcare

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pay 19.7% more for entertainment and sports

	Lima	Iquique
Domestic/local beer (1 pint)	$2.61 PEN8.97	$3.22 CLF0.0800	+23.3%
Cappuccino in mid-range area	$3.24 PEN11.11	$3.45 CLF0.0900	+6.6%
Pack of cigarettes Marlboro or similar	$5.76 PEN19.78	$7.16 CLF0.1800	+24.3%
Monthly membership at local gym	$32.49 PEN111.50	$51.16 CLF1.2900	+57.5%
Movie ticket to theater/cinema	$7.26 PEN24.91	$6.96 CLF0.1800	-4.1%
Average			+19.7%

Lima vs. Iquique - Cost of entertainment and sports

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pay 37.1% less for clothing

	Lima	Iquique
Regular jeans Levi's brand	$52.80 PEN181.20	$30.70 CLF0.7700	-41.9%
Regular dress from H&M or similar store	$34.89 PEN119.75	$22.85 CLF0.5800	-34.5%
Running shoes Nike or Adidas	$83.72 PEN287.31	$46.05 CLF1.1600	-45.0%
Men's business shoes (leather)	$78.93 PEN270.86	$58.84 CLF1.4800	-25.5%
Average			-37.1%

Lima vs. Iquique - 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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