Cost of living comparison
Lima is 44.7% cheaper than Reykjavik.
If you lived in Lima instead of Reykjavik, you would:
pay 72.3% less for restaurants
Reykjavik
|
Lima
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$21.59
ISK2,966
|
$4.03
PEN15.19
|
|
Fast food combo meal
McDonalds, or similar
|
$17.27
ISK2,373
|
$6.18
PEN23.29
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.90
ISK399
|
$0.86
PEN3.26
|
|
Bottle of water (11 fl. oz) |
$2.07
ISK285
|
$0.55
PEN2.06
|
|
pay 54.1% less for groceries
Reykjavik
|
Lima
|
||
---|---|---|---|
Bread
1 loaf
|
$3.68
ISK506
|
$2.33
PEN8.80
|
|
Local cheese (8 oz) |
$7.66
ISK1,052
|
$3.60
PEN13.57
|
|
Milk (1 gallon) |
$6.16
ISK847
|
$4.93
PEN18.58
|
|
Eggs
1 dozen
|
$5.91
ISK812
|
$2.67
PEN10.06
|
|
Boneless chicken breast (1 lb) |
$8.87
ISK1,219
|
$2.37
PEN8.92
|
|
Apples (1 lb) |
$1.53
ISK210
|
$0.80
PEN3.00
|
|
Bananas (1 lb) |
$0.97
ISK133
|
$0.49
PEN1.86
|
|
Oranges (1 lb) |
$1.26
ISK173
|
$0.46
PEN1.75
|
|
Tomatoes (1 lb) |
$2.23
ISK306
|
$0.49
PEN1.83
|
|
Potatoes (1 lb) |
$1.42
ISK194
|
$0.48
PEN1.79
|
|
Onions (1 lb) |
$1.01
ISK139
|
$0.48
PEN1.83
|
|
pay 41.0% less for transportation
Reykjavik
|
Lima
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.57
ISK1,178
|
$5.61
PEN21.16
|
|
Monthly public transit pass |
$66.92
ISK9,194
|
$20.86
PEN78.59
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,660.67
ISK5,723,760
|
$21,497.63
PEN81,013.81
|
|
Taxi trip in downtown area (5 miles) |
$23.30
ISK3,201
|
$20.42
PEN76.96
|
|
pay 58.0% less for housing
Reykjavik
|
Lima
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$68.45
ISK9,404
|
$29.05
PEN109.47
|
|
1-Bedroom apartment in downtown area |
$1,864.13
ISK256,113
|
$557.54
PEN2,101.07
|
|
1-Bedroom apartment outside city center |
$1,666.20
ISK228,919
|
$362.83
PEN1,367.31
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.43
ISK8,853
|
$47.53
PEN179.11
|
|
pay 13.9% more for childcare
Reykjavik
|
Lima
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$240.37
ISK33,024
|
$250.81
PEN945.16
|
|
Middle school for 1 child, two semesters |
$5,984.07
ISK822,152
|
$7,392.79
PEN27,859.75
|
|
pay 57.8% less for entertainment and sports
Reykjavik
|
Lima
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$10.79
ISK1,483
|
$2.15
PEN8.10
|
|
Cappuccino in mid-range area |
$5.09
ISK699
|
$2.66
PEN10.02
|
|
Pack of cigarettes
Marlboro or similar
|
$11.87
ISK1,631
|
$5.37
PEN20.25
|
|
Monthly membership at local gym |
$65.50
ISK8,999
|
$30.70
PEN115.69
|
|
Movie ticket to theater/cinema |
$14.39
ISK1,977
|
$6.72
PEN25.32
|
|
pay 43.5% less for clothing
Reykjavik
|
Lima
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$103.94
ISK14,280
|
$43.97
PEN165.69
|
|
Regular dress
from H&M or similar store
|
$43.50
ISK5,976
|
$31.91
PEN120.25
|
|
Running shoes
Nike or Adidas
|
$141.47
ISK19,437
|
$81.88
PEN308.58
|
|
Men's business shoes (leather) |
$174.65
ISK23,995
|
$91.53
PEN344.94
|
|
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