Cost of Living Comparison Between Medellin and Lima 
| Indices Difference |  |
|---|---|
| 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 | |
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 2023 | January 2023 | |
| Contributors in the past 12 months: | 120 | 103 |
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 |