Cost of Living Comparison Between Medellin and Lima 

Indices DifferenceInfo
Consumer Prices in Lima are 37.6% higher than in Medellin (without rent)
Consumer Prices Including Rent in Lima are 43.0% higher than in Medellin
Rent Prices in Lima are 60.8% higher than in Medellin
Restaurant Prices in Lima are 33.2% higher than in Medellin
Groceries Prices in Lima are 35.2% higher than in Medellin
Local Purchasing Power in Lima is 3.4% lower than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Lima Edit Difference
Meal, Inexpensive Restaurant 16,000.00 Col$
(13.27 S/.)
18,088.87 Col$
(15.00 S/.)
     +13.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 91,163.99 Col$
(75.60 S/.)
114,562.83 Col$
(95.00 S/.)
     +25.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 23,500.00 Col$
(19.49 S/.)
24,118.49 Col$
(20.00 S/.)
     +2.6 %
Domestic Beer (1 pint draught) 5,000.00 Col$
(4.15 S/.)
9,647.40 Col$
(8.00 S/.)
     +92.9 %
Imported Beer (12 oz small bottle) 9,000.00 Col$
(7.46 S/.)
18,088.87 Col$
(15.00 S/.)
     +101.0 %
Cappuccino (regular) 5,316.33 Col$
(4.41 S/.)
12,190.32 Col$
(10.11 S/.)
     +129.3 %
Coke/Pepsi (12 oz small bottle) 3,384.33 Col$
(2.81 S/.)
3,658.80 Col$
(3.03 S/.)
     +8.1 %
Water (12 oz small bottle) 2,639.52 Col$
(2.19 S/.)
2,524.51 Col$
(2.09 S/.)
     -4.4 %
Markets
Medellin Edit Lima Edit
Milk (regular), (1 gallon) 12,310.50 Col$
(10.21 S/.)
21,637.73 Col$
(17.94 S/.)
     +75.8 %
Loaf of Fresh White Bread (1 lb) 4,001.83 Col$
(3.32 S/.)
7,968.49 Col$
(6.61 S/.)
     +99.1 %
Rice (white), (1 lb) 1,772.98 Col$
(1.47 S/.)
2,369.25 Col$
(1.96 S/.)
     +33.6 %
Eggs (regular) (12) 6,932.80 Col$
(5.75 S/.)
9,021.11 Col$
(7.48 S/.)
     +30.1 %
Local Cheese (1 lb) 6,903.28 Col$
(5.72 S/.)
14,107.60 Col$
(11.70 S/.)
     +104.4 %
Chicken Fillets (1 lb) 9,094.27 Col$
(7.54 S/.)
10,106.19 Col$
(8.38 S/.)
     +11.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12,512.24 Col$
(10.38 S/.)
16,956.71 Col$
(14.06 S/.)
     +35.5 %
Apples (1 lb) 4,469.51 Col$
(3.71 S/.)
3,261.74 Col$
(2.70 S/.)
     -27.0 %
Banana (1 lb) 1,492.04 Col$
(1.24 S/.)
2,113.16 Col$
(1.75 S/.)
     +41.6 %
Oranges (1 lb) 2,101.24 Col$
(1.74 S/.)
2,034.05 Col$
(1.69 S/.)
     -3.2 %
Tomato (1 lb) 2,125.22 Col$
(1.76 S/.)
2,080.34 Col$
(1.73 S/.)
     -2.1 %
Potato (1 lb) 2,235.81 Col$
(1.85 S/.)
1,657.65 Col$
(1.37 S/.)
     -25.9 %
Onion (1 lb) 2,087.63 Col$
(1.73 S/.)
1,891.62 Col$
(1.57 S/.)
     -9.4 %
Lettuce (1 head) 3,029.40 Col$
(2.51 S/.)
3,438.76 Col$
(2.85 S/.)
     +13.5 %
Water (1.5 liter bottle) 2,592.18 Col$
(2.15 S/.)
3,332.74 Col$
(2.76 S/.)
     +28.6 %
Bottle of Wine (Mid-Range) 29,990.00 Col$
(24.87 S/.)
36,177.73 Col$
(30.00 S/.)
     +20.6 %
Domestic Beer (0.5 liter bottle) 3,876.31 Col$
(3.21 S/.)
7,094.19 Col$
(5.88 S/.)
     +83.0 %
Imported Beer (12 oz small bottle) 6,653.68 Col$
(5.52 S/.)
10,094.30 Col$
(8.37 S/.)
     +51.7 %
Cigarettes 20 Pack (Marlboro) 8,150.00 Col$
(6.76 S/.)
24,118.49 Col$
(20.00 S/.)
     +195.9 %
Transportation
Medellin Edit Lima Edit
One-way Ticket (Local Transport) 2,650.00 Col$
(2.20 S/.)
2,411.85 Col$
(2.00 S/.)
     -9.0 %
Monthly Pass (Regular Price) 150,000.00 Col$
(124.39 S/.)
75,501.36 Col$
(62.61 S/.)
     -49.7 %
Taxi Start (Normal Tariff) 4,400.00 Col$
(3.65 S/.)
12,059.24 Col$
(10.00 S/.)
     +174.1 %
Taxi 1 mile (Normal Tariff) 11,265.41 Col$
(9.34 S/.)
11,644.49 Col$
(9.66 S/.)
     +3.4 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$
(24.88 S/.)
33,162.92 Col$
(27.50 S/.)
     +10.5 %
Gasoline (1 gallon) 9,379.78 Col$
(7.78 S/.)
24,686.15 Col$
(20.47 S/.)
     +163.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 75,000,000.00 Col$
(62,192.95 S/.)
89,680,383.07 Col$
(74,366.50 S/.)
     +19.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 96,500,000.00 Col$
(80,021.59 S/.)
104,246,007.95 Col$
(86,444.89 S/.)
     +8.0 %
Utilities (Monthly)
Medellin Edit Lima Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 274,219.39 Col$
(227.39 S/.)
350,949.20 Col$
(291.02 S/.)
     +28.0 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 166.67 Col$
(0.14 S/.)
798.92 Col$
(0.66 S/.)
     +379.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 102,867.96 Col$
(85.30 S/.)
132,232.24 Col$
(109.65 S/.)
     +28.5 %
Sports And Leisure
Medellin Edit Lima Edit
Fitness Club, Monthly Fee for 1 Adult 84,850.59 Col$
(70.36 S/.)
166,444.56 Col$
(138.02 S/.)
     +96.2 %
Tennis Court Rent (1 Hour on Weekend) 46,111.11 Col$
(38.24 S/.)
60,296.22 Col$
(50.00 S/.)
     +30.8 %
Cinema, International Release, 1 Seat 15,000.00 Col$
(12.44 S/.)
30,148.11 Col$
(25.00 S/.)
     +101.0 %
Childcare
Medellin Edit Lima Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 701,250.00 Col$
(581.50 S/.)
964,186.02 Col$
(799.54 S/.)
     +37.5 %
International Primary School, Yearly for 1 Child 21,100,000.00 Col$
(17,496.95 S/.)
25,580,441.19 Col$
(21,212.31 S/.)
     +21.2 %
Clothing And Shoes
Medellin Edit Lima Edit
1 Pair of Jeans (Levis 501 Or Similar) 188,666.47 Col$
(156.45 S/.)
193,062.48 Col$
(160.09 S/.)
     +2.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 146,070.93 Col$
(121.13 S/.)
126,351.05 Col$
(104.78 S/.)
     -13.5 %
1 Pair of Nike Running Shoes (Mid-Range) 289,721.89 Col$
(240.25 S/.)
331,858.93 Col$
(275.19 S/.)
     +14.5 %
1 Pair of Men Leather Business Shoes 257,857.14 Col$
(213.83 S/.)
317,087.20 Col$
(262.94 S/.)
     +23.0 %
Rent Per Month
Medellin Edit Lima Edit
Apartment (1 bedroom) in City Centre 1,428,580.91 Col$
(1,184.64 S/.)
2,282,598.19 Col$
(1,892.82 S/.)
     +59.8 %
Apartment (1 bedroom) Outside of Centre 1,129,046.34 Col$
(936.25 S/.)
1,528,770.01 Col$
(1,267.72 S/.)
     +35.4 %
Apartment (3 bedrooms) in City Centre 2,462,284.77 Col$
(2,041.82 S/.)
4,270,254.45 Col$
(3,541.06 S/.)
     +73.4 %
Apartment (3 bedrooms) Outside of Centre 1,911,736.34 Col$
(1,585.29 S/.)
2,989,405.08 Col$
(2,478.93 S/.)
     +56.4 %
Buy Apartment Price
Medellin Edit Lima Edit
Price per Square Feet to Buy Apartment in City Centre 501,489.54 Col$
(415.85 S/.)
860,199.69 Col$
(713.31 S/.)
     +71.5 %
Price per Square Feet to Buy Apartment Outside of Centre 457,923.84 Col$
(379.73 S/.)
618,652.88 Col$
(513.01 S/.)
     +35.1 %
Salaries And Financing
Medellin Edit Lima Edit
Average Monthly Net Salary (After Tax) 1,678,495.54 Col$
(1,391.87 S/.)
2,318,888.54 Col$
(1,922.91 S/.)
     +38.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.38 8.46      -18.5 %
Last update: February 2023January 2023
Contributors in the past 12 months:120103
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