Last update: Oct 2026

Cost of Living Comparison Between Corozal and Lima

For one person, living is cheaper in Corozal: $299 a month against $1,012 in Lima, rent and utilities included – about $8,600 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Lima
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Lima Living Index

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Corozal

🇧🇿 Belize

$299

/mo nomad

Lima

🇵🇪 Peru

$1,012

/mo nomad

Monthly Cost of Living

How much you'll spend in Corozal and in Lima

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Corozal and in Lima actually costs, broken down by who's living it.

A single person spends $299 per month in Corozal vs $1,012 in Lima, rent included.

Corozal $299
Lima $1,012

A couple spends around $507 per month in Corozal vs $1,589 in Lima, rent included.

Corozal $507
Lima $1,589

A family of three spends $715 per month in Corozal vs $2,167 in Lima, rent included.

Corozal $715
Lima $2,167

Corozal is about 70% cheaper than Lima, and outside of rent the biggest gap is in clothing.

Both Corozal and Lima are more affordable than the global median – Corozal 78% lower, Lima 25% lower.

Meal at Budget Restaurant

$4.40 PEN 15.10

Three-Course Dinner for Two, Mid-Range

$19.72 BZD 39.44

$35.17 PEN 121

-43.93%

Fast Food Meal (McDonalds, etc)

$4.83 BZD 9.66

$6.89 PEN 23.65

-29.90%

Cappuccino

$3.89 BZD 7.78

$3.26 PEN 11.20

19.33%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.64 BZD 1.28

$1.12 PEN 3.84

-42.86%

Water (0.33 liter bottle)

$0.62 PEN 2.11

Local Beer (0.5 liter draught)

$1.21 BZD 2.41

$2.65 PEN 9.09

-54.34%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.15

Milk (1 liter)

$3.79 BZD 7.58

$1.63 PEN 5.61

132.52%

White Bread (500g)

$2.56 PEN 8.78

Rice (white) (1kg)

$1.35 PEN 4.65

Eggs

$1.95 BZD 3.91

$2.90 PEN 9.96

-32.76%

Local Cheese (1kg)

$8.85 PEN 30.38

Chicken Fillets (1kg)

$5.98 PEN 20.52

Beef Round Steak (1kg)

$6.76 BZD 13.52

$9.78 PEN 33.59

-30.88%

Apples (1kg)

$2.05 PEN 7.02

Banana (1kg)

$2.18 BZD 4.35

$1.06 PEN 3.66

105.66%

Oranges (1kg)

$1.35 PEN 4.64

Tomato (1kg)

$1.50 PEN 5.15

Potato (1kg)

$0.88 PEN 3.03

Onion (1kg)

$0.92 PEN 3.15

Lettuce (1 head)

$0.89 PEN 3.07

Water (1.5 liter bottle)

$0.90 PEN 3.10

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.27

Wine (Bottle)

$15.04 BZD 30.09

$8.52 PEN 29.26

76.53%

Local Beer (0.5 liter bottle)

$1.67 BZD 3.35

$1.88 PEN 6.45

-11.17%

Imported Beer (0.33 liter bottle)

$2.01 BZD 4.03

$3.22 PEN 11.05

-37.58%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.2

Taxi Start (Normal Tariff)

$3.51 BZD 7.02

$3.81 PEN 13.09

-7.87%

Taxi (Normal Tariff) (1km)

$3.00 BZD 6.01

$2.02 PEN 6.93

48.51%

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.41

Gasoline (1 liter)

$1.61 BZD 3.21

$1.72 PEN 5.91

-6.40%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$22.3K PEN 76.6K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.5K PEN 87.6K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$73.1 PEN 251

SIM Card Monthly Plan (Calls and 10GB+ Data)

$49.73 BZD 99.5

$16.35 PEN 56.2

204.16%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.3

Gym Membership (Monthly)

$39.33 BZD 78.7

$31.90 PEN 110

23.29%

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

Cinema Ticket

$7.05 PEN 24.23

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$182 PEN 627

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.8K

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

Sport Shoes (Adidas, Nike)

$82.8 PEN 284

Men's Leather Business Shoes

$78.2 PEN 269

1-bedroom Apartment, City Center (Monthly)

$233 BZD 465

$721 PEN 2,476

-67.74%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,179

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,186

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,235

Buy Apartment in City Center (m2)

$2,414 PEN 8,292

Buy Apartment Outside City Center (m2)

$1,357 PEN 4,660

Average Monthly Net Salary (After Tax)

$648 PEN 2,226

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Corozal: October 11, 2026

Last update for Lima: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Corozal

–

Lima

$343 33.9%

Groceries & Markets

Corozal

–

Lima

$226 22.3%

Eating Out

Corozal

–

Lima

$124 12.3%

Monthly Utilities & Internet

Corozal

–

Lima

$117 11.6%

Clothing & Footwear

Corozal

–

Lima

$112 11.1%

Sport & Entertainment

Corozal

–

Lima

$46 4.6%

Getting Around

Corozal

–

Lima

$43 4.3%

Cost Breakdown

A central one-bedroom costs $233 in Corozal versus $721 in Lima. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $20.00 in Corozal versus $35.00 in Lima. Monthly groceries follow the same trend: $122 vs $226 – making Corozal the more affordable choice for daily food spending.

Good to know

🇧🇿 Corozal

🇵🇪 Lima

🕒 Local time

09:16 9:16 AM

10:16 10:16 AM

1 h ahead of Corozal

🌤 Weather

👥 Population

10,000

9,989,369 Capital

💱 Currency

Belize Dollar BZD $

Peruvian Sol PEN S/

📈 Exchange rate

1 BZD = 0.5 USD

1 BZD = 0.445 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to BZD – Belize Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇿 Belize Dollar ($)

Belize Dollar exchange rates as of October 17, 2026: 1 USD = 2 BZD (1 BZD = 0.5 USD). 1 EUR = 2.25 BZD (1 BZD = 0.445 EUR).

Peruvian Sol exchange rates as of October 17, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to BZD in detail →

On the map

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Between locations

Corozal Lima 3,610 km ≈ 5 h nonstop flight

From you

Corozal
Lima

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Corozal vs Lima: Cost of Living - Frequently Asked Questions

Lima costs about 239% more than Corozal, and outside of rent the gap comes mainly from clothing. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $448 per month in Corozal and $1,518 in Lima. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Corozal, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $299 in Corozal and $1,012 in Lima. That's a gap of about 239%.

Groceries cost about 86% more in Lima, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Corozal, where all-in costs run around $299, than in Lima at $1,012. In Corozal it covers expenses comfortably, while in Lima it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Corozal costs $299 versus $1,012 in Lima. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Corozal. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lima makes more sense. Both are solid long-term options with distinct trade-offs.