Cost of Living Comparison Between Medellin and Lima 
| Indices Difference |  |
|---|---|
| Consumer Prices in Lima are 4.9% higher than in Medellin (without rent) | |
| Consumer Prices Including Rent in Lima are 5.5% higher than in Medellin | |
| Rent Prices in Lima are 7.2% higher than in Medellin | |
| Restaurant Prices in Lima are 8.8% higher than in Medellin | |
| Groceries Prices in Lima are 7.9% higher than in Medellin | |
| Local Purchasing Power in Lima is 3.0% lower than in Medellin | |
Restaurants | Medellin Edit |
Lima Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
22,000.00 Col$ (20.87 S/.) |
15,810.69 Col$ (15.00 S/.) |
-28.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (104.36 S/.) |
142,296.21 Col$ (135.00 S/.) |
+29.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
25,000.00 Col$ (23.72 S/.) |
24,243.06 Col$ (23.00 S/.) |
-3.0 % |
| Domestic Beer (1 pint draught) |
5,000.00 Col$ (4.74 S/.) |
8,432.37 Col$ (8.00 S/.) |
+68.6 % |
| Imported Beer (12 oz small bottle) |
12,000.00 Col$ (11.38 S/.) |
15,810.69 Col$ (15.00 S/.) |
+31.8 % |
| Cappuccino (regular) |
6,455.87 Col$ (6.12 S/.) |
10,425.89 Col$ (9.89 S/.) |
+61.5 % |
| Coke/Pepsi (12 oz small bottle) |
3,879.68 Col$ (3.68 S/.) |
3,390.51 Col$ (3.22 S/.) |
-12.6 % |
| Water (12 oz small bottle) |
2,838.81 Col$ (2.69 S/.) |
2,141.03 Col$ (2.03 S/.) |
-24.6 % |
Markets | Medellin Edit |
Lima Edit | |
| Milk (regular), (1 gallon) |
16,958.65 Col$ (16.09 S/.) |
19,341.99 Col$ (18.35 S/.) |
+14.1 % |
| Loaf of Fresh White Bread (1 lb) |
4,659.29 Col$ (4.42 S/.) |
8,306.26 Col$ (7.88 S/.) |
+78.3 % |
| Rice (white), (1 lb) |
2,193.00 Col$ (2.08 S/.) |
2,184.40 Col$ (2.07 S/.) |
-0.4 % |
| Eggs (regular) (12) |
8,472.52 Col$ (8.04 S/.) |
10,473.40 Col$ (9.94 S/.) |
+23.6 % |
| Local Cheese (1 lb) |
9,057.93 Col$ (8.59 S/.) |
12,815.94 Col$ (12.16 S/.) |
+41.5 % |
| Chicken Fillets (1 lb) |
10,302.43 Col$ (9.77 S/.) |
9,287.00 Col$ (8.81 S/.) |
-9.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
18,533.01 Col$ (17.58 S/.) |
17,240.00 Col$ (16.36 S/.) |
-7.0 % |
| Apples (1 lb) |
4,285.08 Col$ (4.07 S/.) |
3,123.37 Col$ (2.96 S/.) |
-27.1 % |
| Banana (1 lb) |
1,639.14 Col$ (1.56 S/.) |
1,931.84 Col$ (1.83 S/.) |
+17.9 % |
| Oranges (1 lb) |
2,271.69 Col$ (2.16 S/.) |
1,822.49 Col$ (1.73 S/.) |
-19.8 % |
| Tomato (1 lb) |
2,603.30 Col$ (2.47 S/.) |
1,902.87 Col$ (1.81 S/.) |
-26.9 % |
| Potato (1 lb) |
2,097.37 Col$ (1.99 S/.) |
1,866.67 Col$ (1.77 S/.) |
-11.0 % |
| Onion (1 lb) |
2,248.71 Col$ (2.13 S/.) |
1,899.60 Col$ (1.80 S/.) |
-15.5 % |
| Lettuce (1 head) |
3,401.39 Col$ (3.23 S/.) |
3,174.65 Col$ (3.01 S/.) |
-6.7 % |
| Water (1.5 liter bottle) |
3,347.65 Col$ (3.18 S/.) |
3,027.22 Col$ (2.87 S/.) |
-9.6 % |
| Bottle of Wine (Mid-Range) |
38,866.39 Col$ (36.87 S/.) |
37,945.66 Col$ (36.00 S/.) |
-2.4 % |
| Domestic Beer (0.5 liter bottle) |
4,471.59 Col$ (4.24 S/.) |
6,047.79 Col$ (5.74 S/.) |
+35.2 % |
| Imported Beer (12 oz small bottle) |
7,888.54 Col$ (7.48 S/.) |
9,862.86 Col$ (9.36 S/.) |
+25.0 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (8.54 S/.) |
21,080.92 Col$ (20.00 S/.) |
+134.2 % |
Transportation | Medellin Edit |
Lima Edit | |
| One-way Ticket (Local Transport) |
2,925.00 Col$ (2.78 S/.) |
2,108.09 Col$ (2.00 S/.) |
-27.9 % |
| Monthly Pass (Regular Price) |
200,000.00 Col$ (189.75 S/.) |
81,803.13 Col$ (77.61 S/.) |
-59.1 % |
| Taxi Start (Normal Tariff) |
5,000.00 Col$ (4.74 S/.) |
12,648.55 Col$ (12.00 S/.) |
+153.0 % |
| Taxi 1 mile (Normal Tariff) |
12,874.76 Col$ (12.21 S/.) |
13,570.58 Col$ (12.87 S/.) |
+5.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
30,000.00 Col$ (28.46 S/.) |
34,256.49 Col$ (32.50 S/.) |
+14.2 % |
| Gasoline (1 gallon) |
14,719.98 Col$ (13.97 S/.) |
22,020.48 Col$ (20.89 S/.) |
+49.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
78,000,000.00 Col$ (74,000.57 S/.) |
84,323,678.35 Col$ (80,000.00 S/.) |
+8.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
110,470,979.90 Col$ (104,806.60 S/.) |
98,899,628.46 Col$ (93,828.57 S/.) |
-10.5 % |
Utilities (Monthly) | Medellin Edit |
Lima Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
313,985.56 Col$ (297.89 S/.) |
243,789.10 Col$ (231.29 S/.) |
-22.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
39,032.24 Col$ (37.03 S/.) |
42,672.22 Col$ (40.48 S/.) |
+9.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
96,615.38 Col$ (91.66 S/.) |
113,946.01 Col$ (108.10 S/.) |
+17.9 % |
Sports And Leisure | Medellin Edit |
Lima Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
104,547.92 Col$ (99.19 S/.) |
120,412.20 Col$ (114.24 S/.) |
+15.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
55,000.00 Col$ (52.18 S/.) |
58,631.31 Col$ (55.62 S/.) |
+6.6 % |
| Cinema, International Release, 1 Seat |
15,000.00 Col$ (14.23 S/.) |
26,351.15 Col$ (25.00 S/.) |
+75.7 % |
Childcare | Medellin Edit |
Lima Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
920,000.00 Col$ (872.83 S/.) |
983,776.25 Col$ (933.33 S/.) |
+6.9 % |
| International Primary School, Yearly for 1 Child |
25,000,000.00 Col$ (23,718.13 S/.) |
28,997,976.05 Col$ (27,511.11 S/.) |
+16.0 % |
Clothing And Shoes | Medellin Edit |
Lima Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
213,912.21 Col$ (202.94 S/.) |
172,461.69 Col$ (163.62 S/.) |
-19.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
155,625.00 Col$ (147.65 S/.) |
125,159.18 Col$ (118.74 S/.) |
-19.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
345,714.29 Col$ (327.99 S/.) |
321,182.87 Col$ (304.71 S/.) |
-7.1 % |
| 1 Pair of Men Leather Business Shoes |
336,051.07 Col$ (318.82 S/.) |
359,034.41 Col$ (340.62 S/.) |
+6.8 % |
Rent Per Month | Medellin Edit |
Lima Edit | |
| Apartment (1 bedroom) in City Centre |
1,823,650.38 Col$ (1,730.14 S/.) |
2,182,182.94 Col$ (2,070.29 S/.) |
+19.7 % |
| Apartment (1 bedroom) Outside of Centre |
1,440,847.05 Col$ (1,366.97 S/.) |
1,420,440.55 Col$ (1,347.61 S/.) |
-1.4 % |
| Apartment (3 bedrooms) in City Centre |
3,357,922.26 Col$ (3,185.75 S/.) |
3,985,220.08 Col$ (3,780.88 S/.) |
+18.7 % |
| Apartment (3 bedrooms) Outside of Centre |
3,048,734.76 Col$ (2,892.41 S/.) |
2,781,980.29 Col$ (2,639.33 S/.) |
-8.7 % |
Buy Apartment Price | Medellin Edit |
Lima Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
645,340.92 Col$ (612.25 S/.) |
576,978.95 Col$ (547.39 S/.) |
-10.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
556,413.11 Col$ (527.88 S/.) |
459,698.92 Col$ (436.13 S/.) |
-17.4 % |
Salaries And Financing | Medellin Edit |
Lima Edit | |
| Average Monthly Net Salary (After Tax) |
1,637,787.88 Col$ (1,553.81 S/.) |
1,676,211.36 Col$ (1,590.26 S/.) |
+2.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.55 | 9.58 | -34.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 121 | 112 |
Moving to Medellin? Explore:
Moving to Lima? Explore:
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |
Cities near Lima: | Cost of Living in Ica | 190.11 miles |
| Cost of Living in Cerro de Pasco | 191.70 miles |