Lima vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Lima Madrid
🚶 Cost of living one person
$1034
$2109
👨‍👩‍👧‍👦 Cost of living Family
$2503
$4833
🏠 One person rent
$466
$1251
🏘️ Family rent
$771
$2104
🍽️ Food expenses
$297
$517
🚐 Transport expenses
$183
$191
💳 Monthly salary after tax
$632
$2569
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
9 km
10 km
🎓 Higher education
77
98
😀 Quality of life
71
91
🏙️ Population
9.94M
3.51M

The cost of living in Lima is 51% less expensive than in Madrid. Cities ranked 5300th and 1723rd ($1034 vs $2109) in the list of the most expensive cities in the world and ranked 1st and 4th 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 1.2 months in Madrid. Lima ranked 1st best city to live in Peru vs Madrid ranked 1st in Spain, while ranked 3484th and 160th 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
$4.53
$17.6
🥂 Dinner in a Restaurant, for 2
$28.4
$60.1
🥪 Fast food meal, equiv. McDonald's
$6.88
$13.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.86
$4.64
☕ Cappuccino
$3.36
$3.76
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.06
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$660
$1411
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$336
$1035
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1102
$2589
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$580
$1735
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.3
$108
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$60.6
$165
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$26.2
$33.4
🏦 Mortgage Interest Rate for 20 Years
8.87%
3.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2328
$9054
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1422
$4487
Transportation
🚌 Local transport ticket
$0.69
$1.75
🎟️ Monthly ticket local transport
$34.9
$42.5
🚕 Taxi Ride, 8 km or 5 mi
$16.7
$18.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.44
$1.8
Groceries
🥛 Milk, 1 L or 1 qt
$1.61
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$2.04
$1.34
🍚 Rice, 1 kg or 2.2 lb
$1.21
$1.51
🥚 Eggs, x12
$2.92
$3.97
🧀 Cheese, 1 kg or 2.2 lb
$7.76
$17.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.62
$8.98
🥩 Round Steak, 1 kg or 2.2 lb
$10
$17.7
🍏 Apples, 1 kg or 2.2 lb
$1.96
$3.06
🍌 Banana, 1 kg or 2.2 lb
$1.04
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$1.36
$2.64
🍅 Tomato, 1 kg or 2.2 lb
$1.34
$2.88
🥔 Potato, 1 kg or 2.2 lb
$0.93
$2.22
🧅 Onion, 1 kg or 2.2 lb
$0.86
$2.27
🌊 Water, 1 L or 1 qt
$0.6
$0.67
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.45
$2.95
🍾 Wine (mid-priced), 750 mL bottle
$11.3
$8.81
🍺 Beer, 0.5 L or 16 fl oz
$1.78
$1.32
🚬 Cigarette pack
$5.44
$7.01
💊 Cold medicince, 1 week
$6.6
$11.7
🧴 Hair Shampoo
$6.04
$4.43
🧻 Toilet paper, 4 rolls
$1.87
$2.43
👄 Toothpaste, 1 tube
$1.67
$2.55
Other
🏋️ Gym Membership, 1 month
$31.3
$53.1
🎫 Cinema Ticket, 1 person
$6.46
$11.8
👩‍⚕️ Doctor's visit
$35.7
$68.9
💇 Haircut, simple
$11.1
$17.4
👖 Brand Jeans
$49.2
$99.3
👟 Brand Sneakers
$83.5
$114
👶 Daycare or Preschool, 1 month
$184
$729
🏫 International Primary School, 1 year
$11057
$16324

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
$820
64 km or 40 mi Huaral
$771
122 km or 76 mi Huacho
$730
198 km or 123 mi Huancayo
$598
205 km or 128 mi Pisco
$571
251 km or 156 mi Huanuco
$641
265 km or 165 mi Ica
$725
285 km or 177 mi Huaraz
$604
329 km or 204 mi Ayacucho
$621
372 km or 231 mi Chimbote
$527
483 km or 300 mi Abancay
$612
489 km or 304 mi Trujillo
$811
490 km or 304 mi Pucallpa
$524
567 km or 352 mi Cajamarca
$583
572 km or 355 mi Cusco
$631
623 km or 387 mi Tarapoto
$626
655 km or 407 mi Chachapoyas
$611
663 km or 412 mi Chiclayo
$667
685 km or 426 mi Cruzeiro do Sul
$670
732 km or 455 mi Jaen
$617
765 km or 475 mi Arequipa
$670
838 km or 521 mi Juliaca
$589
855 km or 531 mi Puerto Maldonado
$589
858 km or 533 mi Piura
$651
866 km or 538 mi Puno
$558
891 km or 554 mi Sullana
$593
896 km or 557 mi Paita
$638
927 km or 576 mi Loja
$559
952 km or 591 mi Talara
$705
987 km or 614 mi Mancora
$660
988 km or 614 mi Tacna
$459
1014 km or 630 mi Iquitos
$745
1014 km or 630 mi Arica
$686
1015 km or 631 mi Tumbes
$577
1029 km or 639 mi Machala
$584
1032 km or 642 mi Rio Branco
$815
1041 km or 647 mi Cuenca
$829
1073 km or 666 mi El Alto
$691
1077 km or 669 mi La Paz
$694
1138 km or 707 mi Milagro
$731

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812