Lima vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Lima Madrid
🚶 Cost of living one person
$1075
$2089
👨‍👩‍👧‍👦 Cost of living Family
$2553
$4820
🏠 One person rent
$489
$1219
🏘️ Family rent
$776
$2088
🍽️ Food expenses
$300
$518
🚐 Transport expenses
$192
$197
💳 Monthly salary after tax
$643
$2681
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
9 km
10 km
🎓 Higher education
77
98
😀 Quality of life
70
90
🏙️ Population
9.94M
3.51M

The cost of living in Lima is 49% less expensive than in Madrid. Cities ranked 5141st and 1805th ($1075 vs $2089) 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 4052nd and 190th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$4.88
$16.8
🥂 Dinner in a Restaurant, for 2
$25
$64.4
🥪 Fast food meal, equiv. McDonald's
$6.92
$12.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.49
$4.79
☕ Cappuccino
$3.29
$3.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.06
$3.17
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$654
$1380
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$367
$1000
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1036
$2540
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$603
$1720
🔌 Utility Bill one person, electricity, heating, water, etc.
$38.4
$111
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$59.5
$171
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$26.3
$32.8
🏦 Mortgage Interest Rate for 20 Years
9.09%
3.15%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2206
$8795
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1546
$4558
Transportation
🚌 Local transport ticket
$0.71
$1.77
🎟️ Monthly ticket local transport
$34.9
$43.6
🚕 Taxi Ride, 8 km or 5 mi
$18.3
$18.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.38
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$1.71
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$2.08
$1.41
🍚 Rice, 1 kg or 2.2 lb
$1.31
$1.64
🥚 Eggs, x12
$2.99
$4.14
🧀 Cheese, 1 kg or 2.2 lb
$8.27
$18.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.4
$9.28
🥩 Round Steak, 1 kg or 2.2 lb
$11
$19.2
🍏 Apples, 1 kg or 2.2 lb
$2.15
$2.98
🍌 Banana, 1 kg or 2.2 lb
$1.07
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$1.27
$2.69
🍅 Tomato, 1 kg or 2.2 lb
$1.34
$2.9
🥔 Potato, 1 kg or 2.2 lb
$0.95
$2.3
🧅 Onion, 1 kg or 2.2 lb
$0.89
$2.24
🌊 Water, 1 L or 1 qt
$0.62
$0.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.58
$2.67
🍾 Wine (mid-priced), 750 mL bottle
$11.9
$10.2
🍺 Beer, 0.5 L or 16 fl oz
$1.83
$1.4
🚬 Cigarette pack
$5.75
$7.09
💊 Cold medicince, 1 week
$6.75
$11.5
🧴 Hair Shampoo
$5.95
$4.06
🧻 Toilet paper, 4 rolls
$1.94
$2.63
👄 Toothpaste, 1 tube
$1.72
$2.83
Other
🏋️ Gym Membership, 1 month
$32.2
$52.8
🎫 Cinema Ticket, 1 person
$7.31
$12.3
👩‍⚕️ Doctor's visit
$37.7
$71
💇 Haircut, simple
$11.1
$20.2
👖 Brand Jeans
$53.3
$103
👟 Brand Sneakers
$90.2
$108
👶 Daycare or Preschool, 1 month
$215
$702
🏫 International Primary School, 1 year
$9668
$14237

Cost of living in other countries

Cost of living

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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
$844
64 km or 40 mi Huaral
$796
122 km or 76 mi Huacho
$752
198 km or 123 mi Huancayo
$611
205 km or 128 mi Pisco
$618
251 km or 156 mi Huanuco
$662
265 km or 165 mi Ica
$739
285 km or 177 mi Huaraz
$608
329 km or 204 mi Ayacucho
$661
372 km or 231 mi Chimbote
$540
483 km or 300 mi Abancay
$664
489 km or 304 mi Trujillo
$746
490 km or 304 mi Pucallpa
$534
567 km or 352 mi Cajamarca
$596
572 km or 355 mi Cusco
$691
623 km or 387 mi Tarapoto
$617
655 km or 407 mi Chachapoyas
$607
663 km or 412 mi Chiclayo
$676
685 km or 426 mi Cruzeiro do Sul
$661
732 km or 455 mi Jaen
$619
765 km or 475 mi Arequipa
$652
838 km or 521 mi Juliaca
$605
855 km or 531 mi Puerto Maldonado
$630
858 km or 533 mi Piura
$660
866 km or 538 mi Puno
$571
891 km or 554 mi Sullana
$605
896 km or 557 mi Paita
$650
927 km or 576 mi Loja
$594
952 km or 591 mi Talara
$714
987 km or 614 mi Mancora
$668
988 km or 614 mi Tacna
$461
1014 km or 630 mi Iquitos
$760
1014 km or 630 mi Arica
$727
1015 km or 631 mi Tumbes
$590
1029 km or 639 mi Machala
$584
1032 km or 642 mi Rio Branco
$812
1041 km or 647 mi Cuenca
$822
1073 km or 666 mi El Alto
$665
1077 km or 669 mi La Paz
$675
1138 km or 707 mi Milagro
$755

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1936
11 km or 6.7 mi Coslada
$1751
14 km or 8.5 mi Alcobendas
$1731
18 km or 11 mi Mostoles
$1747
18 km or 11 mi Fuenlabrada
$1648
18 km or 11 mi Torrejon de Ardoz
$1671
21 km or 13 mi Tres Cantos
$1688
29 km or 18 mi Alcala de Henares
$1697
50 km or 31 mi Guadalajara
$1226
68 km or 42 mi Toledo
$1350
69 km or 43 mi Segovia
$1366
138 km or 86 mi Cuenca
$1251
155 km or 97 mi Laguna de Duero
$1384
158 km or 98 mi Villarrobledo
$1433
162 km or 101 mi Valladolid
$1408
177 km or 110 mi Salamanca
$1215
196 km or 122 mi Puertollano
$918
208 km or 129 mi Plasencia
$1260
211 km or 131 mi Zamora
$1387
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1451
242 km or 150 mi Villanueva de la Serena
$1349
244 km or 151 mi Requena
$1461
250 km or 156 mi Logrono
$1146
251 km or 156 mi Caceres
$1253
253 km or 157 mi Tudela
$1462
258 km or 160 mi Linares
$1356
269 km or 167 mi Ubeda
$1435
272 km or 169 mi Zaragoza
$1471
281 km or 175 mi Merida
$1300
283 km or 176 mi Vitoria-Gasteiz
$1734
288 km or 179 mi Leon
$1365
295 km or 183 mi Jaen
$1123
296 km or 184 mi Jumilla
$1388
297 km or 184 mi Cordoba
$1331
298 km or 185 mi Yecla
$1299
299 km or 186 mi Braganca
$957
301 km or 187 mi Martos
$1385
302 km or 187 mi Caravaca de la Cruz
$1366
302 km or 188 mi Valencia
$1797