Cost of Living Comparison Between Medellin and Lima 

Indices DifferenceInfo
Consumer Prices in Lima are 5.9% higher than in Medellin (without rent)
Consumer Prices Including Rent in Lima are 6.7% higher than in Medellin
Rent Prices in Lima are 9.0% higher than in Medellin
Restaurant Prices in Lima are 0.5% higher than in Medellin
Groceries Prices in Lima are 10.1% higher than in Medellin
Local Purchasing Power in Lima is 5.2% lower than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Lima Edit Difference
Meal, Inexpensive Restaurant 22,000.00 Col$
(21.33 S/.)
15,468.73 Col$
(15.00 S/.)
     -29.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$
(106.67 S/.)
123,749.85 Col$
(120.00 S/.)
     +12.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 25,000.00 Col$
(24.24 S/.)
20,624.97 Col$
(20.00 S/.)
     -17.5 %
Domestic Beer (1 pint draught) 5,000.00 Col$
(4.85 S/.)
8,249.99 Col$
(8.00 S/.)
     +65.0 %
Imported Beer (12 oz small bottle) 11,000.00 Col$
(10.67 S/.)
14,437.48 Col$
(14.00 S/.)
     +31.2 %
Cappuccino (regular) 6,331.49 Col$
(6.14 S/.)
10,471.81 Col$
(10.15 S/.)
     +65.4 %
Coke/Pepsi (12 oz small bottle) 3,845.77 Col$
(3.73 S/.)
3,351.56 Col$
(3.25 S/.)
     -12.9 %
Water (12 oz small bottle) 2,770.54 Col$
(2.69 S/.)
2,133.62 Col$
(2.07 S/.)
     -23.0 %
Markets
Medellin Edit Lima Edit
Milk (regular), (1 gallon) 16,387.92 Col$
(15.89 S/.)
19,215.09 Col$
(18.63 S/.)
     +17.3 %
Loaf of Fresh White Bread (1 lb) 4,459.62 Col$
(4.32 S/.)
8,050.27 Col$
(7.81 S/.)
     +80.5 %
Rice (white), (1 lb) 2,151.19 Col$
(2.09 S/.)
2,052.13 Col$
(1.99 S/.)
     -4.6 %
Eggs (regular) (12) 8,286.72 Col$
(8.04 S/.)
9,092.80 Col$
(8.82 S/.)
     +9.7 %
Local Cheese (1 lb) 8,819.15 Col$
(8.55 S/.)
13,479.95 Col$
(13.07 S/.)
     +52.8 %
Chicken Fillets (1 lb) 10,081.53 Col$
(9.78 S/.)
9,441.26 Col$
(9.16 S/.)
     -6.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 16,826.34 Col$
(16.32 S/.)
17,307.38 Col$
(16.78 S/.)
     +2.9 %
Apples (1 lb) 4,544.39 Col$
(4.41 S/.)
2,935.36 Col$
(2.85 S/.)
     -35.4 %
Banana (1 lb) 1,690.16 Col$
(1.64 S/.)
2,104.66 Col$
(2.04 S/.)
     +24.5 %
Oranges (1 lb) 2,101.19 Col$
(2.04 S/.)
1,811.51 Col$
(1.76 S/.)
     -13.8 %
Tomato (1 lb) 2,444.59 Col$
(2.37 S/.)
1,919.40 Col$
(1.86 S/.)
     -21.5 %
Potato (1 lb) 2,255.54 Col$
(2.19 S/.)
1,847.21 Col$
(1.79 S/.)
     -18.1 %
Onion (1 lb) 2,100.03 Col$
(2.04 S/.)
1,939.58 Col$
(1.88 S/.)
     -7.6 %
Lettuce (1 head) 3,413.26 Col$
(3.31 S/.)
2,845.19 Col$
(2.76 S/.)
     -16.6 %
Water (1.5 liter bottle) 2,814.56 Col$
(2.73 S/.)
2,920.31 Col$
(2.83 S/.)
     +3.8 %
Bottle of Wine (Mid-Range) 38,000.00 Col$
(36.85 S/.)
36,609.33 Col$
(35.50 S/.)
     -3.7 %
Domestic Beer (0.5 liter bottle) 4,377.81 Col$
(4.25 S/.)
6,136.13 Col$
(5.95 S/.)
     +40.2 %
Imported Beer (12 oz small bottle) 7,488.44 Col$
(7.26 S/.)
9,043.26 Col$
(8.77 S/.)
     +20.8 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$
(8.73 S/.)
20,624.97 Col$
(20.00 S/.)
     +129.2 %
Transportation
Medellin Edit Lima Edit
One-way Ticket (Local Transport) 2,900.00 Col$
(2.81 S/.)
2,062.50 Col$
(2.00 S/.)
     -28.9 %
Monthly Pass (Regular Price) 200,000.00 Col$
(193.94 S/.)
97,968.63 Col$
(95.00 S/.)
     -51.0 %
Taxi Start (Normal Tariff) 5,000.00 Col$
(4.85 S/.)
12,374.98 Col$
(12.00 S/.)
     +147.5 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$
(12.48 S/.)
11,617.44 Col$
(11.27 S/.)
     -9.8 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$
(29.09 S/.)
30,937.46 Col$
(30.00 S/.)
     +3.1 %
Gasoline (1 gallon) 13,369.99 Col$
(12.96 S/.)
21,743.88 Col$
(21.08 S/.)
     +62.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 80,000,000.00 Col$
(77,575.85 S/.)
86,109,268.60 Col$
(83,500.00 S/.)
     +7.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 107,342,503.36 Col$
(104,089.83 S/.)
99,481,127.07 Col$
(96,466.67 S/.)
     -7.3 %
Utilities (Monthly)
Medellin Edit Lima Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 287,009.80 Col$
(278.31 S/.)
261,089.35 Col$
(253.18 S/.)
     -9.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 37,379.00 Col$
(36.25 S/.)
41,934.99 Col$
(40.66 S/.)
     +12.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 100,259.26 Col$
(97.22 S/.)
112,777.36 Col$
(109.36 S/.)
     +12.5 %
Sports And Leisure
Medellin Edit Lima Edit
Fitness Club, Monthly Fee for 1 Adult 101,357.23 Col$
(98.29 S/.)
124,676.08 Col$
(120.90 S/.)
     +23.0 %
Tennis Court Rent (1 Hour on Weekend) 55,000.00 Col$
(53.33 S/.)
62,519.45 Col$
(60.62 S/.)
     +13.7 %
Cinema, International Release, 1 Seat 16,000.00 Col$
(15.52 S/.)
29,906.21 Col$
(29.00 S/.)
     +86.9 %
Childcare
Medellin Edit Lima Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 841,428.57 Col$
(815.93 S/.)
801,692.21 Col$
(777.40 S/.)
     -4.7 %
International Primary School, Yearly for 1 Child 25,250,000.00 Col$
(24,484.88 S/.)
25,895,801.33 Col$
(25,111.11 S/.)
     +2.6 %
Clothing And Shoes
Medellin Edit Lima Edit
1 Pair of Jeans (Levis 501 Or Similar) 212,362.25 Col$
(205.93 S/.)
169,311.70 Col$
(164.18 S/.)
     -20.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 166,411.76 Col$
(161.37 S/.)
112,646.11 Col$
(109.23 S/.)
     -32.3 %
1 Pair of Nike Running Shoes (Mid-Range) 350,000.00 Col$
(339.39 S/.)
305,888.01 Col$
(296.62 S/.)
     -12.6 %
1 Pair of Men Leather Business Shoes 312,229.60 Col$
(302.77 S/.)
343,258.50 Col$
(332.86 S/.)
     +9.9 %
Rent Per Month
Medellin Edit Lima Edit
Apartment (1 bedroom) in City Centre 1,773,631.58 Col$
(1,719.89 S/.)
2,067,037.90 Col$
(2,004.40 S/.)
     +16.5 %
Apartment (1 bedroom) Outside of Centre 1,396,515.67 Col$
(1,354.20 S/.)
1,352,641.23 Col$
(1,311.65 S/.)
     -3.1 %
Apartment (3 bedrooms) in City Centre 3,159,719.22 Col$
(3,063.97 S/.)
3,924,555.12 Col$
(3,805.63 S/.)
     +24.2 %
Apartment (3 bedrooms) Outside of Centre 2,760,824.58 Col$
(2,677.17 S/.)
2,570,638.62 Col$
(2,492.74 S/.)
     -6.9 %
Buy Apartment Price
Medellin Edit Lima Edit
Price per Square Feet to Buy Apartment in City Centre 586,715.17 Col$
(568.94 S/.)
588,946.01 Col$
(571.10 S/.)
     +0.4 %
Price per Square Feet to Buy Apartment Outside of Centre 553,911.90 Col$
(537.13 S/.)
453,225.42 Col$
(439.49 S/.)
     -18.2 %
Salaries And Financing
Medellin Edit Lima Edit
Average Monthly Net Salary (After Tax) 1,579,905.53 Col$
(1,532.03 S/.)
1,598,590.09 Col$
(1,550.15 S/.)
     +1.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.75 9.27      -32.6 %
Last update: February 2024February 2024
Contributors in the past 12 months:10490
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