Cost of living comparison
Lima is 34.9% cheaper than Madrid.
- Restaurants
-
pay 63.2% less in Lima
- Groceries
-
pay 23.8% less in Lima
- Transportation
-
pay 16.2% less in Lima
- Housing
-
pay 52.5% less in Lima
- Childcare
-
pay 42.4% less in Lima
- Entertainment and Sports
-
pay 23.0% less in Lima
- Clothing
-
pay 23.5% less in Lima
Expenses including restaurants, housing, childcare, groceries, clothing, and entertainment and sports are lower in Lima.
If you lived in Lima instead of Madrid, you would:
pay 63.2% less for restaurants
Madrid
|
Lima
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.08
€15.51
|
$5.23
PEN19.46
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.34
|
$6.10
PEN22.71
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.69
|
$0.83
PEN3.08
|
|
Bottle of water (11 fl. oz) |
$1.80
€1.74
|
$0.51
PEN1.90
|
|
pay 23.8% less for groceries
Madrid
|
Lima
|
||
---|---|---|---|
Bread
1 loaf
|
$1.50
€1.44
|
$2.42
PEN9.03
|
|
Local cheese (8 oz) |
$6.92
€6.68
|
$4.22
PEN15.72
|
|
Milk (1 gallon) |
$4.41
€4.25
|
$4.95
PEN18.45
|
|
Eggs
1 dozen
|
$3.05
€2.95
|
$2.70
PEN10.07
|
|
Boneless chicken breast (1 lb) |
$3.78
€3.65
|
$2.25
PEN8.37
|
|
Apples (1 lb) |
$1.13
€1.09
|
$0.87
PEN3.26
|
|
Bananas (1 lb) |
$0.87
€0.84
|
$0.50
PEN1.88
|
|
Oranges (1 lb) |
$1.01
€0.97
|
$0.48
PEN1.79
|
|
Tomatoes (1 lb) |
$1.05
€1.01
|
$0.52
PEN1.95
|
|
Potatoes (1 lb) |
$0.83
€0.81
|
$0.53
PEN1.99
|
|
Onions (1 lb) |
$0.82
€0.79
|
$0.48
PEN1.77
|
|
pay 16.2% less for transportation
Madrid
|
Lima
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
€6.55
|
$5.39
PEN20.06
|
|
Monthly public transit pass |
$42.87
€41.37
|
$23.85
PEN88.85
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,506.80
|
$23,163.52
PEN86,281.16
|
|
Taxi trip in downtown area (5 miles) |
$14.90
€14.38
|
$20.14
PEN75.03
|
|
pay 52.5% less for housing
Madrid
|
Lima
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.73
|
$26.56
PEN98.94
|
|
1-Bedroom apartment in downtown area |
$1,468.90
€1,417.45
|
$575.58
PEN2,143.96
|
|
1-Bedroom apartment outside city center |
$1,074.71
€1,037.07
|
$363.71
PEN1,354.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€125.48
|
$44.01
PEN163.92
|
|
pay 42.4% less for childcare
Madrid
|
Lima
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$567.57
€547.69
|
$213.68
PEN795.93
|
|
Middle school for 1 child, two semesters |
$10,069.47
€9,716.76
|
$7,818.35
PEN29,122.36
|
|
pay 23.0% less for entertainment and sports
Madrid
|
Lima
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.75
€3.62
|
$2.12
PEN7.90
|
|
Cappuccino in mid-range area |
$2.59
€2.50
|
$2.62
PEN9.76
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.21
|
$5.30
PEN19.74
|
|
Monthly membership at local gym |
$43.11
€41.60
|
$30.52
PEN113.67
|
|
Movie ticket to theater/cinema |
$10.72
€10.34
|
$7.95
PEN29.62
|
|
pay 23.5% less for clothing
Madrid
|
Lima
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$90.50
€87.33
|
$42.79
PEN159.39
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.91
|
$34.98
PEN130.30
|
|
Running shoes
Nike or Adidas
|
$97.88
€94.45
|
$85.21
PEN317.38
|
|
Men's business shoes (leather) |
$121.40
€117.15
|
$94.35
PEN351.44
|
|
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