Cost of living comparison

Mongolia

compared to

Peru

Lima vs. Ulaanbaatar Cost of Living Summary

Lima is 1.4% cheaper than Ulaanbaatar.

Restaurants: pay 0.1% less in Lima
Groceries: pay 13.8% less in Lima
Transportation: pay 39.7% more in Lima
Housing: pay 3.0% more in Lima
Childcare: pay 41.1% less in Lima
Entertainment and Sports: pay 17.0% more in Lima
Clothing: pay 35.8% less in Lima

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

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Lima vs. Ulaanbaatar Cost Breakdown

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

Display currency: USD

pay 0.1% less for restaurants

	Ulaanbaatar	Lima
Basic meal with drink at inexpensive restaurant	$5.56 MNT20,000.00	$4.36 PEN14.95	-21.6%
Fast food combo meal McDonalds, or similar	$5.56 MNT20,000.00	$6.94 PEN23.82	+24.9%
Bottle of Coca-Cola (11 fl. oz)	$0.86 MNT3,083.33	$1.09 PEN3.74	+27.1%
Bottle of water (11 fl. oz)	$0.59 MNT2,125.00	$0.63 PEN2.17	+7.2%
Average			-0.1%

Ulaanbaatar vs. Lima - Cost of restaurants

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pay 13.8% less for groceries

	Ulaanbaatar	Lima
Bread 1 loaf	$1.00 MNT3,588.33	$2.57 PEN8.84	+158.2%
Local cheese (8 oz)	$6.18 MNT22,248.75	$4.53 PEN15.56	-26.7%
Milk (1 gallon)	$5.49 MNT19,758.34	$6.09 PEN20.89	+10.9%
Eggs 1 dozen	$2.10 MNT7,573.96	$2.91 PEN9.99	+38.3%
Boneless chicken breast (1 lb)	$2.22 MNT7,975.68	$2.68 PEN9.21	+21.2%
Apples (1 lb)	$1.39 MNT5,003.76	$0.91 PEN3.13	-34.5%
Bananas (1 lb)	$1.09 MNT3,926.41	$0.48 PEN1.64	-56.3%
Oranges (1 lb)	$1.69 MNT6,091.75	$0.63 PEN2.17	-62.7%
Tomatoes (1 lb)	$1.37 MNT4,944.16	$0.68 PEN2.32	-50.7%
Potatoes (1 lb)	$0.33 MNT1,188.41	$0.42 PEN1.44	+26.8%
Onions (1 lb)	$0.48 MNT1,730.24	$0.40 PEN1.37	-16.7%
Average			-13.8%

Ulaanbaatar vs. Lima - Cost of groceries

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pay 39.7% more for transportation

	Ulaanbaatar	Lima
Gasoline (1 gallon)	$4.32 MNT15,549.41	$6.39 PEN21.92	+47.8%
Monthly public transit pass	$16.67 MNT60,000.00	$26.51 PEN90.98	+59.0%
New Volkswagen Golf 1.4 (standard edition)	$26,896.36 MNT97M	$21,990.00 PEN75,466.91	-18.2%
Taxi trip in downtown area (5 miles)	$4.86 MNT17,500.00	$20.18 PEN69.26	+315.0%
Average			+39.7%

Ulaanbaatar vs. Lima - Cost of transportation

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pay 3.0% more for housing

	Ulaanbaatar	Lima
Internet connection 50 mbps or faster, cable/dsl	$13.63 MNT49,062.50	$27.55 PEN94.54	+102.1%
1-Bedroom apartment in downtown area	$569.30 MNT2M	$734.53 PEN2,520.82	+29.0%
1-Bedroom apartment outside city center	$444.50 MNT2M	$337.21 PEN1,157.28	-24.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$54.38 MNT196K	$55.42 PEN190.21	+1.9%
Average			+3.0%

Ulaanbaatar vs. Lima - Cost of housing

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pay 41.1% less for childcare

	Ulaanbaatar	Lima
Private preschool for 1 child, monthly	$817.79 MNT3M	$179.06 PEN614.50	-78.1%
Middle school for 1 child, two semesters	$8,262.71 MNT30M	$13,095.48 PEN44,942.05	+58.5%
Average			-41.1%

Ulaanbaatar vs. Lima - Cost of childcare

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pay 17.0% more for entertainment and sports

	Ulaanbaatar	Lima
Domestic/local beer (1 pint)	$2.36 MNT8,500.00	$2.61 PEN8.97	+10.6%
Cappuccino in mid-range area	$2.42 MNT8,692.31	$3.24 PEN11.11	+34.1%
Pack of cigarettes Marlboro or similar	$1.68 MNT6,044.89	$5.76 PEN19.78	+243.2%
Monthly membership at local gym	$67.73 MNT244K	$32.49 PEN111.50	-52.0%
Movie ticket to theater/cinema	$4.17 MNT15,000.00	$7.26 PEN24.91	+74.2%
Average			+17.0%

Ulaanbaatar vs. Lima - Cost of entertainment and sports

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pay 35.8% less for clothing

	Ulaanbaatar	Lima
Regular jeans Levi's brand	$81.73 MNT294K	$52.80 PEN181.20	-35.4%
Regular dress from H&M or similar store	$45.38 MNT163K	$34.89 PEN119.75	-23.1%
Running shoes Nike or Adidas	$102.93 MNT370K	$83.72 PEN287.31	-18.7%
Men's business shoes (leather)	$187.55 MNT675K	$78.93 PEN270.86	-57.9%
Average			-35.8%

Ulaanbaatar vs. Lima - 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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