Cost of Living Comparison Between Lima and Medellin 
| Indices Difference |  |
|---|---|
| Cost of Living in Medellin is 2.0% lower than in Lima (without rent) | |
| Cost of Living Including Rent in Medellin is 2.5% lower than in Lima | |
| Rent Prices in Medellin are 4.1% lower than in Lima | |
| Restaurant Prices in Medellin are 5.0% lower than in Lima | |
| Groceries Prices in Medellin are 4.9% lower than in Lima | |
| Local Purchasing Power in Medellin is 1.1% higher than in Lima | |
Restaurants | Lima Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 S/. (15,389.30 Col$) |
21.44 S/. (22,000.00 Col$) |
+43.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
135.00 S/. (138,503.72 Col$) |
107.22 S/. (110,000.00 Col$) |
-20.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
23.00 S/. (23,596.93 Col$) |
25.34 S/. (26,000.00 Col$) |
+10.2 % |
| Domestic Beer (1 pint draught) |
8.00 S/. (8,207.63 Col$) |
4.87 S/. (5,000.00 Col$) |
-39.1 % |
| Imported Beer (12 oz small bottle) |
15.00 S/. (15,389.30 Col$) |
11.70 S/. (12,000.00 Col$) |
-22.0 % |
| Cappuccino (regular) |
9.90 S/. (10,152.30 Col$) |
6.36 S/. (6,521.98 Col$) |
-35.8 % |
| Coke/Pepsi (12 oz small bottle) |
3.22 S/. (3,300.15 Col$) |
3.83 S/. (3,926.52 Col$) |
+19.0 % |
| Water (12 oz small bottle) |
2.03 S/. (2,083.97 Col$) |
2.82 S/. (2,890.06 Col$) |
+38.7 % |
Markets | Lima Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
18.35 S/. (18,826.49 Col$) |
16.53 S/. (16,958.65 Col$) |
-9.9 % |
| Loaf of Fresh White Bread (1 lb) |
7.88 S/. (8,084.88 Col$) |
4.54 S/. (4,659.29 Col$) |
-42.4 % |
| Rice (white), (1 lb) |
2.07 S/. (2,126.18 Col$) |
2.14 S/. (2,193.00 Col$) |
+3.1 % |
| Eggs (regular) (12) |
9.94 S/. (10,194.26 Col$) |
8.26 S/. (8,472.52 Col$) |
-16.9 % |
| Local Cheese (1 lb) |
12.16 S/. (12,474.37 Col$) |
8.83 S/. (9,057.93 Col$) |
-27.4 % |
| Chicken Fillets (1 lb) |
8.81 S/. (9,039.49 Col$) |
10.04 S/. (10,299.69 Col$) |
+13.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.36 S/. (16,780.52 Col$) |
18.06 S/. (18,533.01 Col$) |
+10.4 % |
| Apples (1 lb) |
2.96 S/. (3,040.13 Col$) |
4.17 S/. (4,278.58 Col$) |
+40.7 % |
| Banana (1 lb) |
1.83 S/. (1,880.35 Col$) |
1.59 S/. (1,635.99 Col$) |
-13.0 % |
| Oranges (1 lb) |
1.73 S/. (1,773.91 Col$) |
2.21 S/. (2,268.64 Col$) |
+27.9 % |
| Tomato (1 lb) |
1.81 S/. (1,852.15 Col$) |
2.54 S/. (2,603.30 Col$) |
+40.6 % |
| Potato (1 lb) |
1.77 S/. (1,816.92 Col$) |
2.04 S/. (2,096.44 Col$) |
+15.4 % |
| Onion (1 lb) |
1.80 S/. (1,848.97 Col$) |
2.19 S/. (2,247.88 Col$) |
+21.6 % |
| Lettuce (1 head) |
3.01 S/. (3,090.04 Col$) |
3.31 S/. (3,397.65 Col$) |
+10.0 % |
| Water (1.5 liter bottle) |
2.87 S/. (2,946.54 Col$) |
3.26 S/. (3,343.94 Col$) |
+13.5 % |
| Bottle of Wine (Mid-Range) |
36.00 S/. (36,934.32 Col$) |
37.45 S/. (38,417.62 Col$) |
+4.0 % |
| Domestic Beer (0.5 liter bottle) |
5.74 S/. (5,886.60 Col$) |
4.36 S/. (4,468.03 Col$) |
-24.1 % |
| Imported Beer (12 oz small bottle) |
9.36 S/. (9,599.99 Col$) |
7.68 S/. (7,881.53 Col$) |
-17.9 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 S/. (20,519.07 Col$) |
8.77 S/. (9,000.00 Col$) |
-56.1 % |
Transportation | Lima Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
2.00 S/. (2,051.91 Col$) |
2.88 S/. (2,950.00 Col$) |
+43.8 % |
| Monthly Pass (Regular Price) |
77.61 S/. (79,622.91 Col$) |
194.94 S/. (200,000.00 Col$) |
+151.2 % |
| Taxi Start (Normal Tariff) |
12.00 S/. (12,311.44 Col$) |
4.87 S/. (5,000.00 Col$) |
-59.4 % |
| Taxi 1 mile (Normal Tariff) |
12.87 S/. (13,208.90 Col$) |
12.55 S/. (12,874.76 Col$) |
-2.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
32.50 S/. (33,343.49 Col$) |
29.24 S/. (30,000.00 Col$) |
-10.0 % |
| Gasoline (1 gallon) |
20.89 S/. (21,433.59 Col$) |
14.38 S/. (14,753.32 Col$) |
-31.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
80,000.00 S/. (82,076,276.41 Col$) |
76,026.84 S/. (78,000,000.00 Col$) |
-5.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
93,828.57 S/. (96,263,747.04 Col$) |
107,472.28 S/. (110,261,554.65 Col$) |
+14.5 % |
Utilities (Monthly) | Lima Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
231.29 S/. (237,291.61 Col$) |
306.04 S/. (313,985.56 Col$) |
+32.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
40.48 S/. (41,534.92 Col$) |
38.04 S/. (39,032.24 Col$) |
-6.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
108.10 S/. (110,909.11 Col$) |
94.17 S/. (96,615.38 Col$) |
-12.9 % |
Sports And Leisure | Lima Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
114.24 S/. (117,202.97 Col$) |
101.84 S/. (104,480.60 Col$) |
-10.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
55.62 S/. (57,068.66 Col$) |
53.61 S/. (55,000.00 Col$) |
-3.6 % |
| Cinema, International Release, 1 Seat |
25.00 S/. (25,648.84 Col$) |
14.62 S/. (15,000.00 Col$) |
-41.5 % |
Childcare | Lima Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
933.33 S/. (957,556.56 Col$) |
896.73 S/. (920,000.00 Col$) |
-3.9 % |
| International Primary School, Yearly for 1 Child |
27,511.11 S/. (28,225,119.50 Col$) |
24,367.58 S/. (25,000,000.00 Col$) |
-11.4 % |
Clothing And Shoes | Lima Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
163.62 S/. (167,865.22 Col$) |
208.39 S/. (213,794.11 Col$) |
+27.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
118.74 S/. (121,823.42 Col$) |
151.69 S/. (155,625.00 Col$) |
+27.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
304.71 S/. (312,622.67 Col$) |
336.97 S/. (345,714.29 Col$) |
+10.6 % |
| 1 Pair of Men Leather Business Shoes |
340.62 S/. (349,465.40 Col$) |
327.21 S/. (335,705.86 Col$) |
-3.9 % |
Rent Per Month | Lima Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
2,077.26 S/. (2,131,173.75 Col$) |
1,804.20 S/. (1,851,024.46 Col$) |
-13.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,351.97 S/. (1,387,056.01 Col$) |
1,416.84 S/. (1,453,610.84 Col$) |
+4.8 % |
| Apartment (3 bedrooms) in City Centre |
3,798.84 S/. (3,897,433.26 Col$) |
3,318.43 S/. (3,404,553.51 Col$) |
-12.6 % |
| Apartment (3 bedrooms) Outside of Centre |
2,650.44 S/. (2,719,232.52 Col$) |
2,936.51 S/. (3,012,721.04 Col$) |
+10.8 % |
Buy Apartment Price | Lima Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
548.59 S/. (562,828.48 Col$) |
628.17 S/. (644,471.95 Col$) |
+14.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
437.92 S/. (449,287.81 Col$) |
542.34 S/. (556,413.11 Col$) |
+23.8 % |
Salaries And Financing | Lima Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
1,619.59 S/. (1,661,618.89 Col$) |
1,596.36 S/. (1,637,787.88 Col$) |
-1.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.58 | 14.55 | +51.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 113 | 123 |
Moving to Lima? Explore:
Moving to Medellin? Explore:
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