Last update: Oct 2026

Cost of Living Comparison Between Fredericton and Lima

For one person, living is cheaper in Lima: $996 a month against $2,008 in Fredericton, rent and utilities included – about $12,100 less a year. Rent and utilities account for most of the difference.

95

Cost of Living Index in Fredericton
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Fredericton Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Fredericton

🇨🇦 Canada

$2,008

/mo nomad

Lima

🇵🇪 Peru

$996

/mo nomad

Monthly Cost of Living

How much you'll spend in Fredericton 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 Fredericton and in Lima actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,008 in Fredericton versus $996 in Lima.

Fredericton $2,008
Lima $996

Estimated couple costs with rent: $3,000 in Fredericton versus $1,594 in Lima.

Fredericton $3,000
Lima $1,594

Monthly costs for a family of three with rent: $3,992 in Fredericton versus $2,191 in Lima.

Fredericton $3,992
Lima $2,191

Living in Fredericton is roughly 102% more expensive than in Lima, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Fredericton is 50% above, Lima is 26% below.

Meal at Budget Restaurant

$15.53 CA$22.14

$4.42 PEN 15.16

251.36%

Three-Course Dinner for Two, Mid-Range

$62.6 CA$89.3

$35.04 PEN 120

78.71%

Fast Food Meal (McDonalds, etc)

$12.60 CA$17.96

$6.84 PEN 23.44

84.21%

Cappuccino

$3.93 CA$5.60

$3.27 PEN 11.22

20.18%

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

$2.67 CA$3.81

$1.10 PEN 3.78

142.73%

Water (0.33 liter bottle)

$2.08 CA$2.97

$0.65 PEN 2.22

220.00%

Local Beer (0.5 liter draught)

$5.30 CA$7.56

$2.58 PEN 8.85

105.43%

Imported Beer (0.33 liter bottle)

$4.77 CA$6.80

$4.47 PEN 15.34

6.71%

Milk (1 liter)

$1.74 CA$2.48

$1.59 PEN 5.46

9.43%

White Bread (500g)

$2.75 CA$3.92

$2.58 PEN 8.86

6.59%

Rice (white) (1kg)

$2.53 CA$3.60

$1.36 PEN 4.65

86.03%

Eggs

$3.75 CA$5.34

$2.95 PEN 10.11

27.12%

Local Cheese (1kg)

$11.28 CA$16.07

$9.10 PEN 31.19

23.96%

Chicken Fillets (1kg)

$9.91 CA$14.13

$5.81 PEN 19.91

70.57%

Beef Round Steak (1kg)

$10.14 CA$14.45

$9.83 PEN 33.68

3.15%

Apples (1kg)

$4.56 CA$6.50

$2.01 PEN 6.89

126.87%

Banana (1kg)

$1.58 CA$2.25

$1.08 PEN 3.69

46.30%

Oranges (1kg)

$4.52 CA$6.45

$1.37 PEN 4.70

229.93%

Tomato (1kg)

$5.29 CA$7.54

$1.48 PEN 5.06

257.43%

Potato (1kg)

$2.54 CA$3.62

$0.96 PEN 3.30

164.58%

Onion (1kg)

$1.53 CA$2.19

$0.85 PEN 2.92

80.00%

Lettuce (1 head)

$2.11 CA$3.00

$0.88 PEN 3.02

139.77%

Water (1.5 liter bottle)

$1.63 CA$2.32

$0.87 PEN 2.97

87.36%

Cigarettes 20 Pack (Marlboro, Camel)

$11.24 CA$16.02

$5.90 PEN 20.24

90.51%

Wine (Bottle)

$12.11 CA$17.26

$8.81 PEN 30.21

37.46%

Local Beer (0.5 liter bottle)

$3.01 CA$4.29

$1.92 PEN 6.57

56.77%

Imported Beer (0.33 liter bottle)

$4.56 CA$6.50

$3.20 PEN 10.98

42.50%

One-way Ticket (Public Transport)

$2.13 CA$3.04

$0.68 PEN 2.33

213.24%

Public Transport Monthly Pass (Regular Price)

$55.9 CA$79.7

$26.74 PEN 91.7

109.20%

Taxi Start (Normal Tariff)

$2.77 CA$3.95

$3.81 PEN 13.06

-27.30%

Taxi (Normal Tariff) (1km)

$1.35 CA$1.93

$2.04 PEN 7.00

-33.82%

Taxi 1hour Waiting (Normal Tariff)

$20.72 CA$29.53

$7.14 PEN 24.49

190.20%

Gasoline (1 liter)

$1.26 CA$1.80

$1.65 PEN 5.65

-23.64%

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

$27.4K CA$39.0K

$22.2K PEN 76.0K

23.40%

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

$19.1K CA$27.3K

$25.7K PEN 88.0K

-25.45%

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

$126 CA$180

$73.0 PEN 250

73.08%

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

$70.6 CA$101

$16.26 PEN 55.7

334.26%

Internet (50+ Mbps, Unlimited Data)

$68.9 CA$98.3

$27.60 PEN 94.6

149.78%

Gym Membership (Monthly)

$39.53 CA$56.3

$33.07 PEN 113

19.53%

Tennis Court (1 Hour on Weekend)

$24.80 CA$35.35

$19.49 PEN 66.8

27.24%

Cinema Ticket

$10.54 CA$15.02

$7.39 PEN 25.33

42.63%

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

$577 CA$823

$182 PEN 624

217.20%

International Primary School, 1 Child (Yearly)

$1,714 CA$2,444

$13.3K PEN 45.7K

-87.13%

Jeans (Levis 501 Or Similar)

$48.45 CA$69.1

$52.6 PEN 180

-7.82%

Summer Dress (H&M, Zara, etc)

$39.03 CA$55.6

$34.23 PEN 117

14.02%

Sport Shoes (Adidas, Nike)

$75.8 CA$108

$83.8 PEN 287

-9.54%

Men's Leather Business Shoes

$82.2 CA$117

$79.0 PEN 271

4.02%

1-bedroom Apartment, City Center (Monthly)

$1,144 CA$1,631

$723 PEN 2,479

58.17%

1-bedroom Apartment, Outside City Center (Monthly)

$836 CA$1,192

$340 PEN 1,166

145.84%

3-bedroom Apartment, City Center (Monthly)

$1,823 CA$2,599

$1,184 PEN 4,060

53.96%

3-bedroom Apartment, Outside City Center (Monthly)

$1,467 CA$2,090

$635 PEN 2,176

131.06%

Buy Apartment in City Center (m2)

$1,873 CA$2,670

$2,449 PEN 8,394

-23.50%

Buy Apartment Outside City Center (m2)

$1,842 CA$2,626

$1,372 PEN 4,702

34.32%

Average Monthly Net Salary (After Tax)

$2,328 CA$3,318

$653 PEN 2,237

256.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.77

8.94

-46.64%

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

Last update for Fredericton: October 5, 2026

Last update for Lima: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Fredericton

$836 42.7%

Lima

$340 33.6% 59.3% $496

Groceries & Markets

Fredericton

$348 17.8%

Lima

$226 22.4% 34.9% $121

Monthly Utilities & Internet

Fredericton

$266 13.6%

Lima

$117 11.6% 56% $149

Eating Out

Fredericton

$264 13.5%

Lima

$124 12.3% 53.1% $140

Clothing & Footwear

Fredericton

$110 5.6%

Lima

$112 11.1% 1.7% $1.9

Getting Around

Fredericton

$74 3.8%

Lima

$43 4.3% 41.3% $31

Sport & Entertainment

Fredericton

$61 3.1%

Lima

$48 4.7% 21% $13

Cost Breakdown

A one-bedroom apartment in the center runs $1,144 in Fredericton and $723 in Lima. Housing cost is often the main lever when comparing two cities.

Fredericton pays 257% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $63.0 in Fredericton vs $35.00 in Lima for a mid-range dinner for two. Groceries echo the gap at $348 vs $226 per month, with Lima cheaper across the board.

Good to know

🇨🇦 Fredericton

🇵🇪 Lima

🕒 Local time

23:23 11:23 PM

21:23 9:23 PM

2 h behind Fredericton

🌤 Weather

👥 Population

56,224

9,989,369 Capital

💱 Currency

Canadian Dollar CAD $

Peruvian Sol PEN S/

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 PEN = 0.292 USD

1 PEN = 0.26 EUR

Exchange rates and currency converter

PEN, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.43 PEN (1 PEN = 0.292 USD). 1 EUR = 3.84 PEN (1 PEN = 0.26 EUR).

USD to CAD in detail →

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Fredericton Lima 6,540 km ≈ 9 h nonstop flight

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Fredericton
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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

Fredericton vs Lima: Cost of Living - Frequently Asked Questions

Lima is cheaper overall, especially in groceries, eating out, and utilities. The 102% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 257% higher in Fredericton, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,144 in Fredericton versus $723 in Lima. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Lima runs roughly 109% less than in Fredericton. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $577 in Fredericton versus $182 in Lima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $996 in Lima versus $2,008 in Fredericton, a $2,000 budget is realistic in Lima but tight or insufficient in Fredericton. The gap between the two cities makes Lima the clear choice for anyone on this budget.

For families, Lima is more practical. Housing and childcare are both notably cheaper than in Fredericton, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Lima gentler on the wallet – expenses run 102% less than in Fredericton. Beyond cost, consider language, visa policies, and how big the international community is in each city.