Lima vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Lima Madrid
🚶 Cost of living one person
$1040
$2015
👨‍👩‍👧‍👦 Cost of living Family
$2534
$4668
🏠 One person rent
$453
$1177
🏘️ Family rent
$771
$2051
🍽️ Food expenses
$294
$499
🚐 Transport expenses
$198
$189
💳 Monthly salary after tax
$592
$2580
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
9 km
10 km
🎓 Higher education
79
98
😀 Quality of life
71
92
🏙️ Population
9.94M
3.42M

The cost of living in Lima is 48% less expensive than in Madrid. Cities ranked 5274th and 1962nd ($1040 vs $2015) in the list of the most expensive cities in the world and ranked 1st and 5th in Peru and Spain, respectively. Check Peru vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.6 months in Lima compared to 1.3 months in Madrid. Lima ranked 1st best city to live in Peru vs Madrid ranked 1st in Spain, while ranked 3631st and 142nd among best cities to live in the world.

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Cost of living in Lima vs Madrid infographic

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Prices in Lima vs Madrid

Prices for goods and services in Lima and Madrid are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Lima Madrid
Eating Out
🍱 Lunch Menu
$4.56
$16.4
🥂 Dinner in a Restaurant, for 2
$24.3
$62.3
🥪 Fast food meal, equiv. McDonald's
$7.18
$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.45
$4.96
☕ Cappuccino
$3.09
$3.72
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.06
$3.13
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$599
$1341
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$336
$959
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$972
$2482
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$615
$1691
🔌 Utility Bill one person, electricity, heating, water, etc.
$38.8
$110
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$59
$169
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$25.7
$32.3
🏦 Mortgage Interest Rate for 20 Years
10.07%
3.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1901
$8353
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1809
$4881
Transportation
🚌 Local transport ticket
$0.73
$1.74
🎟️ Monthly ticket local transport
$38.7
$43.1
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$17.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.45
$1.8
Groceries
🥛 Milk, 1 L or 1 qt
$1.61
$1.21
🍞 Bread, 0.5 kg or 1.1 lb
$2.09
$1.46
🍚 Rice, 1 kg or 2.2 lb
$1.24
$1.46
🥚 Eggs, x12
$3.07
$3.62
🧀 Cheese, 1 kg or 2.2 lb
$8.55
$16.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.86
$8.96
🥩 Round Steak, 1 kg or 2.2 lb
$11.2
$17.5
🍏 Apples, 1 kg or 2.2 lb
$2.3
$2.83
🍌 Banana, 1 kg or 2.2 lb
$1.12
$2.3
🍊 Oranges, 1 kg or 2.2 lb
$1.29
$2.65
🍅 Tomato, 1 kg or 2.2 lb
$1.21
$2.88
🥔 Potato, 1 kg or 2.2 lb
$1
$2.12
🧅 Onion, 1 kg or 2.2 lb
$0.98
$2.22
🌊 Water, 1 L or 1 qt
$0.64
$0.65
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.59
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$10.4
$8.79
🍺 Beer, 0.5 L or 16 fl oz
$1.85
$1.39
🚬 Cigarette pack
$5.65
$6.94
💊 Cold medicince, 1 week
$6.66
$10.5
🧴 Hair Shampoo
$5.95
$3.97
🧻 Toilet paper, 4 rolls
$1.94
$2.6
👄 Toothpaste, 1 tube
$1.65
$2.8
Other
🏋️ Gym Membership, 1 month
$34.1
$52
🎫 Cinema Ticket, 1 person
$7.33
$11.8
👩‍⚕️ Doctor's visit
$37.9
$70.5
💇 Haircut, simple
$12
$17.4
👖 Brand Jeans
$52.1
$102
👟 Brand Sneakers
$91.4
$107
👶 Daycare or Preschool, 1 month
$196
$678
🏫 International Primary School, 1 year
$8454
$12418

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Lima

Distance City Cost of living
11 km or 6.8 mi Callao
$838
64 km or 40 mi Huaral
$775
122 km or 76 mi Huacho
$737
198 km or 123 mi Huancayo
$604
205 km or 128 mi Pisco
$676
251 km or 156 mi Huanuco
$655
265 km or 165 mi Ica
$732
285 km or 177 mi Huaraz
$595
329 km or 204 mi Ayacucho
$654
372 km or 231 mi Chimbote
$531
483 km or 300 mi Abancay
$655
489 km or 304 mi Trujillo
$730
490 km or 304 mi Pucallpa
$527
567 km or 352 mi Cajamarca
$589
572 km or 355 mi Cusco
$681
623 km or 387 mi Tarapoto
$607
655 km or 407 mi Chachapoyas
$598
663 km or 412 mi Chiclayo
$667
685 km or 426 mi Cruzeiro do Sul
$613
732 km or 455 mi Jaen
$609
765 km or 475 mi Arequipa
$624
838 km or 521 mi Juliaca
$594
855 km or 531 mi Puerto Maldonado
$609
858 km or 533 mi Piura
$648
866 km or 538 mi Puno
$563
891 km or 554 mi Sullana
$596
896 km or 557 mi Paita
$638
927 km or 576 mi Loja
$601
952 km or 591 mi Talara
$704
987 km or 614 mi Mancora
$656
988 km or 614 mi Tacna
$445
1014 km or 630 mi Iquitos
$748
1014 km or 630 mi Arica
$654
1015 km or 631 mi Tumbes
$582
1029 km or 639 mi Machala
$587
1032 km or 642 mi Rio Branco
$763
1041 km or 647 mi Cuenca
$780
1073 km or 666 mi El Alto
$675
1077 km or 669 mi La Paz
$681
1138 km or 707 mi Milagro
$745

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1870
11 km or 6.7 mi Coslada
$1674
14 km or 8.5 mi Alcobendas
$1656
18 km or 11 mi Mostoles
$1703
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1581
21 km or 13 mi Tres Cantos
$1627
29 km or 18 mi Alcala de Henares
$1573
50 km or 31 mi Guadalajara
$1194
68 km or 42 mi Toledo
$1325
69 km or 43 mi Segovia
$1385
138 km or 86 mi Cuenca
$1217
155 km or 97 mi Laguna de Duero
$1346
158 km or 98 mi Villarrobledo
$1400
162 km or 101 mi Valladolid
$1367
177 km or 110 mi Salamanca
$1189
196 km or 122 mi Puertollano
$893
208 km or 129 mi Plasencia
$1225
211 km or 131 mi Zamora
$1337
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1464
242 km or 150 mi Villanueva de la Serena
$1312
244 km or 151 mi Requena
$1407
250 km or 156 mi Logrono
$1118
251 km or 156 mi Caceres
$1225
253 km or 157 mi Tudela
$1414
258 km or 160 mi Linares
$1369
269 km or 167 mi Ubeda
$1490
272 km or 169 mi Zaragoza
$1457
281 km or 175 mi Merida
$1272
283 km or 176 mi Vitoria-Gasteiz
$1685
288 km or 179 mi Leon
$1303
295 km or 183 mi Jaen
$1133
296 km or 184 mi Jumilla
$1345
297 km or 184 mi Cordoba
$1233
298 km or 185 mi Yecla
$1320
299 km or 186 mi Braganca
$913
301 km or 187 mi Martos
$1382
302 km or 187 mi Caravaca de la Cruz
$1344
302 km or 188 mi Valencia
$1703