Cost of Living Comparison Between Lima and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 4.3% lower than in Lima (without rent) | |
| Consumer Prices Including Rent in Medellin are 5.3% lower than in Lima | |
| Rent Prices in Medellin are 8.4% lower than in Lima | |
| Restaurant Prices in Medellin are 8.3% lower than in Lima | |
| Groceries Prices in Medellin are 6.8% lower than in Lima | |
| Local Purchasing Power in Medellin is 3.7% higher than in Lima | |
Restaurants | Lima Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 S/. (15,732.79 Col$) |
20.98 S/. (22,000.00 Col$) |
+39.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
135.00 S/. (141,595.10 Col$) |
104.88 S/. (110,000.00 Col$) |
-22.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
23.00 S/. (24,123.61 Col$) |
23.84 S/. (25,000.00 Col$) |
+3.6 % |
| Domestic Beer (1 pint draught) |
8.00 S/. (8,390.82 Col$) |
4.77 S/. (5,000.00 Col$) |
-40.4 % |
| Imported Beer (12 oz small bottle) |
15.00 S/. (15,732.79 Col$) |
10.96 S/. (11,500.00 Col$) |
-26.9 % |
| Cappuccino (regular) |
9.89 S/. (10,375.51 Col$) |
5.91 S/. (6,200.72 Col$) |
-40.2 % |
| Coke/Pepsi (12 oz small bottle) |
3.22 S/. (3,373.81 Col$) |
3.59 S/. (3,767.35 Col$) |
+11.7 % |
| Water (12 oz small bottle) |
2.03 S/. (2,130.48 Col$) |
2.63 S/. (2,755.47 Col$) |
+29.3 % |
Markets | Lima Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
18.35 S/. (19,246.69 Col$) |
16.17 S/. (16,958.65 Col$) |
-11.9 % |
| Loaf of Fresh White Bread (1 lb) |
7.88 S/. (8,265.33 Col$) |
4.44 S/. (4,659.29 Col$) |
-43.6 % |
| Rice (white), (1 lb) |
2.07 S/. (2,173.64 Col$) |
2.09 S/. (2,193.00 Col$) |
+0.9 % |
| Eggs (regular) (12) |
9.94 S/. (10,421.80 Col$) |
8.08 S/. (8,472.52 Col$) |
-18.7 % |
| Local Cheese (1 lb) |
12.16 S/. (12,752.80 Col$) |
8.64 S/. (9,057.93 Col$) |
-29.0 % |
| Chicken Fillets (1 lb) |
8.81 S/. (9,241.25 Col$) |
9.82 S/. (10,303.75 Col$) |
+11.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.36 S/. (17,155.06 Col$) |
17.67 S/. (18,533.01 Col$) |
+8.0 % |
| Apples (1 lb) |
2.96 S/. (3,107.98 Col$) |
4.09 S/. (4,287.50 Col$) |
+38.0 % |
| Banana (1 lb) |
1.83 S/. (1,922.32 Col$) |
1.56 S/. (1,640.66 Col$) |
-14.7 % |
| Oranges (1 lb) |
1.73 S/. (1,813.51 Col$) |
2.17 S/. (2,272.64 Col$) |
+25.3 % |
| Tomato (1 lb) |
1.81 S/. (1,893.49 Col$) |
2.48 S/. (2,603.30 Col$) |
+37.5 % |
| Potato (1 lb) |
1.77 S/. (1,857.47 Col$) |
2.00 S/. (2,097.81 Col$) |
+12.9 % |
| Onion (1 lb) |
1.80 S/. (1,890.24 Col$) |
2.14 S/. (2,249.10 Col$) |
+19.0 % |
| Lettuce (1 head) |
3.01 S/. (3,159.01 Col$) |
3.24 S/. (3,403.19 Col$) |
+7.7 % |
| Water (1.5 liter bottle) |
2.87 S/. (3,012.30 Col$) |
3.19 S/. (3,349.43 Col$) |
+11.2 % |
| Bottle of Wine (Mid-Range) |
36.00 S/. (37,758.69 Col$) |
37.26 S/. (39,082.53 Col$) |
+3.5 % |
| Domestic Beer (0.5 liter bottle) |
5.74 S/. (6,017.99 Col$) |
4.26 S/. (4,473.31 Col$) |
-25.7 % |
| Imported Beer (12 oz small bottle) |
9.36 S/. (9,814.26 Col$) |
7.52 S/. (7,891.91 Col$) |
-19.6 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 S/. (20,977.05 Col$) |
8.58 S/. (9,000.00 Col$) |
-57.1 % |
Transportation | Lima Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
2.00 S/. (2,097.71 Col$) |
2.79 S/. (2,925.00 Col$) |
+39.4 % |
| Monthly Pass (Regular Price) |
77.61 S/. (81,400.08 Col$) |
190.68 S/. (200,000.00 Col$) |
+145.7 % |
| Taxi Start (Normal Tariff) |
12.00 S/. (12,586.23 Col$) |
4.77 S/. (5,000.00 Col$) |
-60.3 % |
| Taxi 1 mile (Normal Tariff) |
12.87 S/. (13,503.72 Col$) |
12.28 S/. (12,874.76 Col$) |
-4.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
32.50 S/. (34,087.71 Col$) |
28.60 S/. (30,000.00 Col$) |
-12.0 % |
| Gasoline (1 gallon) |
20.89 S/. (21,911.99 Col$) |
14.03 S/. (14,719.98 Col$) |
-32.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
80,000.00 S/. (83,908,208.76 Col$) |
74,366.98 S/. (78,000,000.00 Col$) |
-7.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
93,828.57 S/. (98,412,341.99 Col$) |
105,421.72 S/. (110,571,849.54 Col$) |
+12.4 % |
Utilities (Monthly) | Lima Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
231.29 S/. (242,587.93 Col$) |
299.36 S/. (313,985.56 Col$) |
+29.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
40.48 S/. (42,461.97 Col$) |
37.21 S/. (39,032.24 Col$) |
-8.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
108.10 S/. (113,384.58 Col$) |
92.13 S/. (96,628.79 Col$) |
-14.8 % |
Sports And Leisure | Lima Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
114.24 S/. (119,818.92 Col$) |
99.71 S/. (104,580.34 Col$) |
-12.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
55.62 S/. (58,342.43 Col$) |
52.44 S/. (55,000.00 Col$) |
-5.7 % |
| Cinema, International Release, 1 Seat |
25.00 S/. (26,221.32 Col$) |
14.30 S/. (15,000.00 Col$) |
-42.8 % |
Childcare | Lima Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
933.33 S/. (978,929.10 Col$) |
877.15 S/. (920,000.00 Col$) |
-6.0 % |
| International Primary School, Yearly for 1 Child |
27,511.11 S/. (28,855,100.68 Col$) |
23,835.57 S/. (25,000,000.00 Col$) |
-13.4 % |
Clothing And Shoes | Lima Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
163.62 S/. (171,611.95 Col$) |
204.00 S/. (213,969.09 Col$) |
+24.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
118.74 S/. (124,542.51 Col$) |
148.38 S/. (155,625.00 Col$) |
+25.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
304.71 S/. (319,600.37 Col$) |
329.61 S/. (345,714.29 Col$) |
+8.2 % |
| 1 Pair of Men Leather Business Shoes |
340.62 S/. (357,265.42 Col$) |
320.56 S/. (336,217.33 Col$) |
-5.9 % |
Rent Per Month | Lima Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
2,075.30 S/. (2,176,684.41 Col$) |
1,712.51 S/. (1,796,170.42 Col$) |
-17.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,350.57 S/. (1,416,547.81 Col$) |
1,351.36 S/. (1,417,374.15 Col$) |
+0.1 % |
| Apartment (3 bedrooms) in City Centre |
3,769.79 S/. (3,953,958.55 Col$) |
3,085.96 S/. (3,236,717.86 Col$) |
-18.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,646.36 S/. (2,775,643.85 Col$) |
2,868.33 S/. (3,008,456.15 Col$) |
+8.4 % |
Buy Apartment Price | Lima Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
548.21 S/. (574,988.24 Col$) |
615.68 S/. (645,759.46 Col$) |
+12.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
437.35 S/. (458,712.10 Col$) |
530.50 S/. (556,413.11 Col$) |
+21.3 % |
Salaries And Financing | Lima Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
1,591.19 S/. (1,668,926.60 Col$) |
1,561.50 S/. (1,637,787.88 Col$) |
-1.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 9.58 | 14.55 | +51.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 111 | 119 |
Moving to Lima? Explore:
Moving to Medellin? Explore:
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