Lima vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Lima Reykjavik
🚶 Cost of living one person
$986
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2437
$5968
🏠 One person rent
$443
$1781
🏘️ Family rent
$776
$2749
🍽️ Food expenses
$269
$832
🚐 Transport expenses
$188
$88.7
💳 Monthly salary after tax
$444
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
9 km
4 km
🎓 Higher education
77
53
😀 Quality of life
64
89
🏙️ Population
9.94M
140K

The cost of living in Lima is 66% less expensive than in Reykjavik. Cities ranked 5792nd and 204th ($986 vs $2915) in the list of the most expensive cities in the world and ranked 1st and 1st in Peru and Iceland, respectively. Check Peru vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.5 months in Lima compared to 1.3 months in Reykjavik. Lima ranked 1st best city to live in Peru vs Reykjavik ranked 1st in Iceland, while ranked 4404th and 189th among best cities to live in the world.

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Cost of living in Lima vs Reykjavik infographic

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Prices in Lima vs Reykjavik

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

Lima Reykjavik
Eating Out
🍱 Lunch Menu
$4.48
$22
🥂 Dinner in a Restaurant, for 2
$27.8
$125
🥪 Fast food meal, equiv. McDonald's
$5.98
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.55
$11.1
 Cappuccino
$3.29
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.87
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$527
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$342
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$948
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$625
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.4
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$61.1
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$24.7
$74.1
🏦 Mortgage Interest Rate for 20 Years
10.59%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1773
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1434
$5311
Transportation
🚌 Local transport ticket
$0.67
$4.63
🎟️ Monthly ticket local transport
$27.9
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$19.3
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$1.39
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.71
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.02
$3.25
🥚 Eggs, x12
$2.8
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$8.08
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.77
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$9.85
$37.6
🍏 Apples, 1 kg or 2.2 lb
$1.86
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.1
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$1.16
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.08
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.07
$2.16
🌊 Water, 1 L or 1 qt
$0.54
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.3
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.54
$3.27
🚬 Cigarette pack
$5.02
$12.2
💊 Cold medicince, 1 week
$5.84
$11.6
🧴 Hair Shampoo
$5.57
$5.36
🧻 Toilet paper, 4 rolls
$2.28
$4.68
👄 Toothpaste, 1 tube
$1.6
$3.32
Other
🏋️ Gym Membership, 1 month
$34.2
$71.8
🎫 Cinema Ticket, 1 person
$7.2
$15.1
👩‍⚕️ Doctor's visit
$39.8
$84.7
💇 Haircut, simple
$9.57
$47.4
👖 Brand Jeans
$36.9
$112
👟 Brand Sneakers
$83.3
$155
👶 Daycare or Preschool, 1 month
$234
$254
🏫 International Primary School, 1 year
$8320
$6167

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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 Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161