Lima vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Lima Madrid
🚶 Cost of living one person
$986
$1889
👨‍👩‍👧‍👦 Cost of living Family
$2437
$4256
🏠 One person rent
$443
$1111
🏘️ Family rent
$776
$1849
🍽️ Food expenses
$269
$457
🚐 Transport expenses
$188
$177
💳 Monthly salary after tax
$444
$2391
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
9 km
10 km
🎓 Higher education
77
98
😀 Quality of life
64
90
🏙️ Population
9.94M
3.33M

The cost of living in Lima is 48% less expensive than in Madrid. Cities ranked 5792nd and 2194th ($986 vs $1889) 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 0.5 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 4404th and 149th 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
$4.48
$15.3
🥂 Dinner in a Restaurant, for 2
$27.8
$58.7
🥪 Fast food meal, equiv. McDonald's
$5.98
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.55
$4.18
☕ Cappuccino
$3.29
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.87
$2.83
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$527
$1256
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$342
$911
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$948
$2211
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$625
$1526
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.4
$98
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$61.1
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.7
$33.1
🏦 Mortgage Interest Rate for 20 Years
10.59%
3.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1773
$6496
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1434
$4015
Transportation
🚌 Local transport ticket
$0.67
$1.65
🎟️ Monthly ticket local transport
$27.9
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$19.3
$15.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.39
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$1.71
$1.5
🍚 Rice, 1 kg or 2.2 lb
$1.02
$1.51
🥚 Eggs, x12
$2.8
$3.24
🧀 Cheese, 1 kg or 2.2 lb
$8.08
$15.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.77
$8.47
🥩 Round Steak, 1 kg or 2.2 lb
$9.85
$15.4
🍏 Apples, 1 kg or 2.2 lb
$1.86
$2.61
🍌 Banana, 1 kg or 2.2 lb
$1.1
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$1
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$1.16
$2.45
🥔 Potato, 1 kg or 2.2 lb
$1.08
$1.85
🧅 Onion, 1 kg or 2.2 lb
$1.07
$1.82
🌊 Water, 1 L or 1 qt
$0.54
$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.3
$2.22
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$7.49
🍺 Beer, 0.5 L or 16 fl oz
$1.54
$1.3
🚬 Cigarette pack
$5.02
$6.16
💊 Cold medicince, 1 week
$5.84
$9.3
🧴 Hair Shampoo
$5.57
$3.59
🧻 Toilet paper, 4 rolls
$2.28
$2.4
👄 Toothpaste, 1 tube
$1.6
$2.71
Other
🏋️ Gym Membership, 1 month
$34.2
$47.2
🎫 Cinema Ticket, 1 person
$7.2
$11.5
👩‍⚕️ Doctor's visit
$39.8
$67.3
💇 Haircut, simple
$9.57
$21.5
👖 Brand Jeans
$36.9
$89.1
👟 Brand Sneakers
$83.3
$96.9
👶 Daycare or Preschool, 1 month
$234
$585
🏫 International Primary School, 1 year
$8320
$10462

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
$779
64 km or 40 mi Huaral
$726
122 km or 76 mi Huacho
$687
198 km or 123 mi Huancayo
$591
205 km or 128 mi Pisco
$605
251 km or 156 mi Huanuco
$612
265 km or 165 mi Ica
$640
285 km or 177 mi Huaraz
$553
329 km or 204 mi Ayacucho
$588
372 km or 231 mi Chimbote
$496
483 km or 300 mi Abancay
$597
489 km or 304 mi Trujillo
$699
490 km or 304 mi Pucallpa
$548
567 km or 352 mi Cajamarca
$500
572 km or 355 mi Cusco
$643
623 km or 387 mi Tarapoto
$549
655 km or 407 mi Chachapoyas
$523
663 km or 412 mi Chiclayo
$515
685 km or 426 mi Cruzeiro do Sul
$603
732 km or 455 mi Jaen
$517
765 km or 475 mi Arequipa
$560
838 km or 521 mi Juliaca
$522
855 km or 531 mi Puerto Maldonado
$560
858 km or 533 mi Piura
$564
866 km or 538 mi Puno
$490
891 km or 554 mi Sullana
$498
896 km or 557 mi Paita
$509
927 km or 576 mi Loja
$617
952 km or 591 mi Talara
$504
987 km or 614 mi Mancora
$495
988 km or 614 mi Tacna
$406
1014 km or 630 mi Iquitos
$679
1014 km or 630 mi Arica
$781
1015 km or 631 mi Tumbes
$454
1029 km or 639 mi Machala
$594
1032 km or 642 mi Rio Branco
$780
1041 km or 647 mi Cuenca
$770
1073 km or 666 mi El Alto
$641
1077 km or 669 mi La Paz
$673
1138 km or 707 mi Milagro
$722

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581