Cost of Living Comparison Between Medellin and Lima 

Indices DifferenceInfo
Cost of Living in Lima is 7.1% higher than in Medellin (without rent)
Cost of Living Including Rent in Lima is 8.3% higher than in Medellin
Rent Prices in Lima are 12.3% higher than in Medellin
Restaurant Prices in Lima are 2.9% higher than in Medellin
Groceries Prices in Lima are 16.9% higher than in Medellin
Local Purchasing Power in Lima is 5.2% higher than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Lima Edit Difference
Meal, Inexpensive Restaurant 26,813.54 Col$
(24.08 S/.)
17,816.72 Col$
(16.00 S/.)
     -33.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 120,000.00 Col$
(107.76 S/.)
144,760.89 Col$
(130.00 S/.)
     +20.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 29,500.00 Col$
(26.49 S/.)
26,725.09 Col$
(24.00 S/.)
     -9.4 %
Domestic Beer (1 pint draught) 7,000.00 Col$
(6.29 S/.)
8,908.36 Col$
(8.00 S/.)
     +27.3 %
Imported Beer (12 oz small bottle) 13,000.00 Col$
(11.67 S/.)
15,589.63 Col$
(14.00 S/.)
     +19.9 %
Cappuccino (regular) 6,770.36 Col$
(6.08 S/.)
10,512.37 Col$
(9.44 S/.)
     +55.3 %
Coke/Pepsi (12 oz small bottle) 4,196.28 Col$
(3.77 S/.)
3,630.16 Col$
(3.26 S/.)
     -13.5 %
Water (12 oz small bottle) 3,026.08 Col$
(2.72 S/.)
2,334.16 Col$
(2.10 S/.)
     -22.9 %
Markets
Medellin Edit Lima Edit
Milk (regular), (1 gallon) 17,197.94 Col$
(15.44 S/.)
21,798.75 Col$
(19.58 S/.)
     +26.8 %
Loaf of Fresh White Bread (1 lb) 5,176.23 Col$
(4.65 S/.)
9,627.21 Col$
(8.65 S/.)
     +86.0 %
Rice (white), (1 lb) 2,586.69 Col$
(2.32 S/.)
2,408.76 Col$
(2.16 S/.)
     -6.9 %
Eggs (regular) (12) 8,714.35 Col$
(7.83 S/.)
11,665.30 Col$
(10.48 S/.)
     +33.9 %
Local Cheese (1 lb) 8,433.93 Col$
(7.57 S/.)
14,822.10 Col$
(13.31 S/.)
     +75.7 %
Chicken Fillets (1 lb) 11,022.84 Col$
(9.90 S/.)
10,547.60 Col$
(9.47 S/.)
     -4.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,279.05 Col$
(16.42 S/.)
20,048.44 Col$
(18.00 S/.)
     +9.7 %
Apples (1 lb) 4,038.16 Col$
(3.63 S/.)
3,722.21 Col$
(3.34 S/.)
     -7.8 %
Banana (1 lb) 1,852.22 Col$
(1.66 S/.)
1,987.91 Col$
(1.79 S/.)
     +7.3 %
Oranges (1 lb) 2,834.38 Col$
(2.55 S/.)
2,078.67 Col$
(1.87 S/.)
     -26.7 %
Tomato (1 lb) 2,608.16 Col$
(2.34 S/.)
2,231.34 Col$
(2.00 S/.)
     -14.4 %
Potato (1 lb) 2,260.51 Col$
(2.03 S/.)
2,031.02 Col$
(1.82 S/.)
     -10.2 %
Onion (1 lb) 2,143.82 Col$
(1.93 S/.)
1,843.60 Col$
(1.66 S/.)
     -14.0 %
Lettuce (1 head) 3,693.20 Col$
(3.32 S/.)
3,625.98 Col$
(3.26 S/.)
     -1.8 %
Water (1.5 liter bottle) 3,987.19 Col$
(3.58 S/.)
3,596.97 Col$
(3.23 S/.)
     -9.8 %
Bottle of Wine (Mid-Range) 40,000.00 Col$
(35.92 S/.)
33,406.36 Col$
(30.00 S/.)
     -16.5 %
Domestic Beer (0.5 liter bottle) 4,589.97 Col$
(4.12 S/.)
6,697.60 Col$
(6.01 S/.)
     +45.9 %
Imported Beer (12 oz small bottle) 9,205.94 Col$
(8.27 S/.)
11,884.35 Col$
(10.67 S/.)
     +29.1 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$
(8.08 S/.)
22,270.91 Col$
(20.00 S/.)
     +147.5 %
Transportation
Medellin Edit Lima Edit
One-way Ticket (Local Transport) 3,250.00 Col$
(2.92 S/.)
2,783.86 Col$
(2.50 S/.)
     -14.3 %
Monthly Pass (Regular Price) 160,000.00 Col$
(143.69 S/.)
132,612.75 Col$
(119.09 S/.)
     -17.1 %
Taxi Start (Normal Tariff) 5,950.00 Col$
(5.34 S/.)
13,362.54 Col$
(12.00 S/.)
     +124.6 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$
(11.56 S/.)
14,336.62 Col$
(12.87 S/.)
     +11.4 %
Taxi 1hour Waiting (Normal Tariff) 29,000.00 Col$
(26.04 S/.)
33,406.36 Col$
(30.00 S/.)
     +15.2 %
Gasoline (1 gallon) 15,231.26 Col$
(13.68 S/.)
20,580.23 Col$
(18.48 S/.)
     +35.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 77,000,000.00 Col$
(69,148.51 S/.)
77,948,168.98 Col$
(70,000.00 S/.)
     +1.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 111,500,900.20 Col$
(100,131.45 S/.)
98,254,265.54 Col$
(88,235.54 S/.)
     -11.9 %
Utilities (Monthly)
Medellin Edit Lima Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 337,079.25 Col$
(302.71 S/.)
222,969.70 Col$
(200.23 S/.)
     -33.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,821.92 Col$
(35.76 S/.)
47,209.92 Col$
(42.40 S/.)
     +18.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 103,760.00 Col$
(93.18 S/.)
107,674.99 Col$
(96.70 S/.)
     +3.8 %
Sports And Leisure
Medellin Edit Lima Edit
Fitness Club, Monthly Fee for 1 Adult 108,127.00 Col$
(97.10 S/.)
127,112.84 Col$
(114.15 S/.)
     +17.6 %
Tennis Court Rent (1 Hour on Weekend) 80,000.00 Col$
(71.84 S/.)
67,885.75 Col$
(60.96 S/.)
     -15.1 %
Cinema, International Release, 1 Seat 19,000.00 Col$
(17.06 S/.)
32,292.81 Col$
(29.00 S/.)
     +70.0 %
Childcare
Medellin Edit Lima Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,192,500.00 Col$
(1,070.90 S/.)
822,786.23 Col$
(738.89 S/.)
     -31.0 %
International Primary School, Yearly for 1 Child 23,100,000.00 Col$
(20,744.55 S/.)
32,032,985.64 Col$
(28,766.67 S/.)
     +38.7 %
Clothing And Shoes
Medellin Edit Lima Edit
1 Pair of Jeans (Levis 501 Or Similar) 247,721.06 Col$
(222.46 S/.)
206,933.83 Col$
(185.83 S/.)
     -16.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 147,031.45 Col$
(132.04 S/.)
150,623.81 Col$
(135.27 S/.)
     +2.4 %
1 Pair of Nike Running Shoes (Mid-Range) 404,736.84 Col$
(363.47 S/.)
359,264.87 Col$
(322.63 S/.)
     -11.2 %
1 Pair of Men Leather Business Shoes 407,709.67 Col$
(366.14 S/.)
380,035.15 Col$
(341.28 S/.)
     -6.8 %
Rent Per Month
Medellin Edit Lima Edit
Apartment (1 bedroom) in City Centre 1,943,516.11 Col$
(1,745.34 S/.)
2,473,522.95 Col$
(2,221.30 S/.)
     +27.3 %
Apartment (1 bedroom) Outside of Centre 1,452,078.22 Col$
(1,304.01 S/.)
1,380,710.74 Col$
(1,239.92 S/.)
     -4.9 %
Apartment (3 bedrooms) in City Centre 3,439,141.62 Col$
(3,088.46 S/.)
4,375,125.78 Col$
(3,929.01 S/.)
     +27.2 %
Apartment (3 bedrooms) Outside of Centre 2,836,319.48 Col$
(2,547.11 S/.)
2,626,952.82 Col$
(2,359.09 S/.)
     -7.4 %
Buy Apartment Price
Medellin Edit Lima Edit
Price per Square Feet to Buy Apartment in City Centre 645,929.11 Col$
(580.07 S/.)
560,808.97 Col$
(503.62 S/.)
     -13.2 %
Price per Square Feet to Buy Apartment Outside of Centre 552,008.38 Col$
(495.72 S/.)
538,972.76 Col$
(484.02 S/.)
     -2.4 %
Salaries And Financing
Medellin Edit Lima Edit
Average Monthly Net Salary (After Tax) 1,776,338.00 Col$
(1,595.21 S/.)
2,024,783.88 Col$
(1,818.32 S/.)
     +14.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.06 10.09      -28.2 %
Last update: February 2025February 2025
Contributors in the past 12 months:7487
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