Cost of Living Comparison Between Medellin and Lima 
| Indices Difference |  |
|---|---|
| Cost of Living in Lima is 6.7% higher than in Medellin (without rent) | |
| Cost of Living Including Rent in Lima is 8.5% higher than in Medellin | |
| Rent Prices in Lima are 14.2% higher than in Medellin | |
| Restaurant Prices in Lima are 1.8% higher than in Medellin | |
| Groceries Prices in Lima are 10.2% higher than in Medellin | |
| Local Purchasing Power in Lima is 1.6% lower than in Medellin | |
Restaurants | Medellin Edit |
Lima Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
24,500.00 Col$ (22.68 S/.) |
16,200.46 Col$ (15.00 S/.) |
-33.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120,000.00 Col$ (111.11 S/.) |
135,003.81 Col$ (125.00 S/.) |
+12.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
28,000.00 Col$ (25.93 S/.) |
24,840.70 Col$ (23.00 S/.) |
-11.3 % |
| Domestic Beer (1 pint draught) |
6,000.00 Col$ (5.56 S/.) |
8,640.24 Col$ (8.00 S/.) |
+44.0 % |
| Imported Beer (12 oz small bottle) |
12,000.00 Col$ (11.11 S/.) |
15,660.44 Col$ (14.50 S/.) |
+30.5 % |
| Cappuccino (regular) |
6,645.37 Col$ (6.15 S/.) |
10,561.01 Col$ (9.78 S/.) |
+58.9 % |
| Coke/Pepsi (12 oz small bottle) |
3,999.00 Col$ (3.70 S/.) |
3,333.20 Col$ (3.09 S/.) |
-16.6 % |
| Water (12 oz small bottle) |
2,988.23 Col$ (2.77 S/.) |
2,104.20 Col$ (1.95 S/.) |
-29.6 % |
Markets | Medellin Edit |
Lima Edit | |
| Milk (regular), (1 gallon) |
17,173.73 Col$ (15.90 S/.) |
19,865.72 Col$ (18.39 S/.) |
+15.7 % |
| Loaf of Fresh White Bread (1 lb) |
5,103.21 Col$ (4.73 S/.) |
8,556.05 Col$ (7.92 S/.) |
+67.7 % |
| Rice (white), (1 lb) |
2,311.91 Col$ (2.14 S/.) |
2,331.90 Col$ (2.16 S/.) |
+0.9 % |
| Eggs (regular) (12) |
8,507.30 Col$ (7.88 S/.) |
10,932.91 Col$ (10.12 S/.) |
+28.5 % |
| Local Cheese (1 lb) |
9,135.64 Col$ (8.46 S/.) |
14,999.41 Col$ (13.89 S/.) |
+64.2 % |
| Chicken Fillets (1 lb) |
10,103.72 Col$ (9.36 S/.) |
9,320.62 Col$ (8.63 S/.) |
-7.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
19,849.34 Col$ (18.38 S/.) |
17,881.14 Col$ (16.56 S/.) |
-9.9 % |
| Apples (1 lb) |
4,226.94 Col$ (3.91 S/.) |
3,330.99 Col$ (3.08 S/.) |
-21.2 % |
| Banana (1 lb) |
1,734.47 Col$ (1.61 S/.) |
2,041.94 Col$ (1.89 S/.) |
+17.7 % |
| Oranges (1 lb) |
2,638.52 Col$ (2.44 S/.) |
1,898.03 Col$ (1.76 S/.) |
-28.1 % |
| Tomato (1 lb) |
2,516.68 Col$ (2.33 S/.) |
2,049.96 Col$ (1.90 S/.) |
-18.5 % |
| Potato (1 lb) |
1,993.89 Col$ (1.85 S/.) |
2,094.65 Col$ (1.94 S/.) |
+5.1 % |
| Onion (1 lb) |
2,159.46 Col$ (2.00 S/.) |
1,918.48 Col$ (1.78 S/.) |
-11.2 % |
| Lettuce (1 head) |
3,844.09 Col$ (3.56 S/.) |
3,421.67 Col$ (3.17 S/.) |
-11.0 % |
| Water (1.5 liter bottle) |
3,414.42 Col$ (3.16 S/.) |
3,166.65 Col$ (2.93 S/.) |
-7.3 % |
| Bottle of Wine (Mid-Range) |
40,409.29 Col$ (37.41 S/.) |
37,801.07 Col$ (35.00 S/.) |
-6.5 % |
| Domestic Beer (0.5 liter bottle) |
4,473.66 Col$ (4.14 S/.) |
6,079.26 Col$ (5.63 S/.) |
+35.9 % |
| Imported Beer (12 oz small bottle) |
7,892.49 Col$ (7.31 S/.) |
9,990.28 Col$ (9.25 S/.) |
+26.6 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (8.33 S/.) |
21,600.61 Col$ (20.00 S/.) |
+140.0 % |
Transportation | Medellin Edit |
Lima Edit | |
| One-way Ticket (Local Transport) |
3,000.00 Col$ (2.78 S/.) |
2,160.06 Col$ (2.00 S/.) |
-28.0 % |
| Monthly Pass (Regular Price) |
200,000.00 Col$ (185.18 S/.) |
83,819.76 Col$ (77.61 S/.) |
-58.1 % |
| Taxi Start (Normal Tariff) |
5,700.00 Col$ (5.28 S/.) |
10,800.30 Col$ (10.00 S/.) |
+89.5 % |
| Taxi 1 mile (Normal Tariff) |
11,506.81 Col$ (10.65 S/.) |
13,905.13 Col$ (12.87 S/.) |
+20.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
29,000.00 Col$ (26.85 S/.) |
43,201.22 Col$ (40.00 S/.) |
+49.0 % |
| Gasoline (1 gallon) |
14,852.00 Col$ (13.75 S/.) |
22,252.70 Col$ (20.60 S/.) |
+49.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
77,000,000.00 Col$ (71,294.28 S/.) |
93,962,651.77 Col$ (87,000.00 S/.) |
+22.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
107,786,500.49 Col$ (99,799.50 S/.) |
102,775,700.48 Col$ (95,160.00 S/.) |
-4.6 % |
Utilities (Monthly) | Medellin Edit |
Lima Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
331,274.85 Col$ (306.73 S/.) |
241,402.53 Col$ (223.51 S/.) |
-27.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
39,186.74 Col$ (36.28 S/.) |
44,137.25 Col$ (40.87 S/.) |
+12.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
98,500.00 Col$ (91.20 S/.) |
114,267.22 Col$ (105.80 S/.) |
+16.0 % |
Sports And Leisure | Medellin Edit |
Lima Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
106,489.71 Col$ (98.60 S/.) |
123,792.07 Col$ (114.62 S/.) |
+16.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
48,750.00 Col$ (45.14 S/.) |
69,526.96 Col$ (64.38 S/.) |
+42.6 % |
| Cinema, International Release, 1 Seat |
15,000.00 Col$ (13.89 S/.) |
32,400.91 Col$ (30.00 S/.) |
+116.0 % |
Childcare | Medellin Edit |
Lima Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,006,666.67 Col$ (932.07 S/.) |
918,025.91 Col$ (850.00 S/.) |
-8.8 % |
| International Primary School, Yearly for 1 Child |
25,800,000.00 Col$ (23,888.21 S/.) |
33,588,947.93 Col$ (31,100.00 S/.) |
+30.2 % |
Clothing And Shoes | Medellin Edit |
Lima Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
226,780.36 Col$ (209.98 S/.) |
163,212.86 Col$ (151.12 S/.) |
-28.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
144,344.18 Col$ (133.65 S/.) |
135,453.82 Col$ (125.42 S/.) |
-6.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
366,315.79 Col$ (339.17 S/.) |
332,752.25 Col$ (308.10 S/.) |
-9.2 % |
| 1 Pair of Men Leather Business Shoes |
348,674.41 Col$ (322.84 S/.) |
392,411.07 Col$ (363.33 S/.) |
+12.5 % |
Rent Per Month | Medellin Edit |
Lima Edit | |
| Apartment (1 bedroom) in City Centre |
1,906,498.87 Col$ (1,765.23 S/.) |
2,407,117.29 Col$ (2,228.75 S/.) |
+26.3 % |
| Apartment (1 bedroom) Outside of Centre |
1,487,369.18 Col$ (1,377.15 S/.) |
1,503,205.58 Col$ (1,391.82 S/.) |
+1.1 % |
| Apartment (3 bedrooms) in City Centre |
3,414,619.43 Col$ (3,161.60 S/.) |
4,314,355.70 Col$ (3,994.66 S/.) |
+26.3 % |
| Apartment (3 bedrooms) Outside of Centre |
3,001,900.26 Col$ (2,779.46 S/.) |
2,980,902.00 Col$ (2,760.02 S/.) |
-0.7 % |
Buy Apartment Price | Medellin Edit |
Lima Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
610,416.30 Col$ (565.18 S/.) |
664,307.79 Col$ (615.08 S/.) |
+8.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
535,117.06 Col$ (495.46 S/.) |
537,550.33 Col$ (497.72 S/.) |
+0.5 % |
Salaries And Financing | Medellin Edit |
Lima Edit | |
| Average Monthly Net Salary (After Tax) |
1,744,042.03 Col$ (1,614.81 S/.) |
1,862,195.21 Col$ (1,724.21 S/.) |
+6.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 15.69 | 10.00 | -36.3 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 135 | 122 |
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 |