Last update: Oct 2026

Cost of Living Comparison Between Granada and Lima

For one person, living is cheaper in Granada: $920 a month against $1,012 in Lima, rent and utilities included – about $1,100 less a year. The total is higher in Lima despite lower rent and utilities.

45

Cost of Living Index in Granada
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Granada Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Granada

🇳🇮 Nicaragua

$920

/mo nomad

Lima

🇵🇪 Peru

$1,012

/mo nomad

Monthly Cost of Living

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

A single person spends $920 per month in Granada vs $1,012 in Lima, rent included.

Granada $920
Lima $1,012

A couple spends around $1,291 per month in Granada vs $1,589 in Lima, rent included.

Granada $1,291
Lima $1,589

A family of three spends $1,662 per month in Granada vs $2,167 in Lima, rent included.

Granada $1,662
Lima $2,167

Granada is about 9% cheaper than Lima, and outside of rent the biggest gap is in clothing.

Both Granada and Lima are more affordable than the global median – Granada 32% lower, Lima 25% lower.

Meal at Budget Restaurant

$4.31 NIO 158

$4.40 PEN 15.10

-2.05%

Three-Course Dinner for Two, Mid-Range

$23.77 NIO 870

$35.17 PEN 121

-32.41%

Fast Food Meal (McDonalds, etc)

$6.95 NIO 254

$6.89 PEN 23.65

0.87%

Cappuccino

$1.76 NIO 64.4

$3.26 PEN 11.20

-46.01%

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

$0.86 NIO 31.63

$1.12 PEN 3.84

-23.21%

Water (0.33 liter bottle)

$0.69 NIO 25.24

$0.62 PEN 2.11

11.29%

Local Beer (0.5 liter draught)

$1.32 NIO 48.42

$2.65 PEN 9.09

-50.19%

Imported Beer (0.33 liter bottle)

$2.03 NIO 74.4

$4.41 PEN 15.15

-53.97%

Milk (1 liter)

$1.22 NIO 44.75

$1.63 PEN 5.61

-25.15%

White Bread (500g)

$1.60 NIO 58.6

$2.56 PEN 8.78

-37.50%

Rice (white) (1kg)

$0.54 NIO 19.73

$1.35 PEN 4.65

-60.00%

Eggs

$1.18 NIO 43.11

$2.90 PEN 9.96

-59.31%

Local Cheese (1kg)

$5.01 NIO 183

$8.85 PEN 30.38

-43.39%

Chicken Fillets (1kg)

$5.02 NIO 184

$5.98 PEN 20.52

-16.05%

Beef Round Steak (1kg)

$7.90 NIO 289

$9.78 PEN 33.59

-19.22%

Apples (1kg)

$4.08 NIO 149

$2.05 PEN 7.02

99.02%

Banana (1kg)

$0.59 NIO 21.53

$1.06 PEN 3.66

-44.34%

Oranges (1kg)

$1.76 NIO 64.6

$1.35 PEN 4.64

30.37%

Tomato (1kg)

$0.98 NIO 35.96

$1.50 PEN 5.15

-34.67%

Potato (1kg)

$2.81 NIO 103

$0.88 PEN 3.03

219.32%

Onion (1kg)

$1.01 NIO 37.12

$0.92 PEN 3.15

9.78%

Lettuce (1 head)

$1.03 NIO 37.59

$0.89 PEN 3.07

15.73%

Water (1.5 liter bottle)

$1.02 NIO 37.21

$0.90 PEN 3.10

13.33%

Cigarettes 20 Pack (Marlboro, Camel)

$2.80 NIO 103

$5.90 PEN 20.27

-52.54%

Wine (Bottle)

$10.07 NIO 369

$8.52 PEN 29.26

18.19%

Local Beer (0.5 liter bottle)

$1.41 NIO 51.8

$1.88 PEN 6.45

-25.00%

Imported Beer (0.33 liter bottle)

$1.77 NIO 64.9

$3.22 PEN 11.05

-45.03%

One-way Ticket (Public Transport)

$0.09 NIO 3.37

$0.68 PEN 2.33

-86.76%

Public Transport Monthly Pass (Regular Price)

$3.89 NIO 142

$26.86 PEN 92.2

-85.52%

Taxi Start (Normal Tariff)

$0.59 NIO 21.59

$3.81 PEN 13.09

-84.51%

Taxi (Normal Tariff) (1km)

$1.60 NIO 58.8

$2.02 PEN 6.93

-20.79%

Taxi 1hour Waiting (Normal Tariff)

$6.83 NIO 250

$7.11 PEN 24.41

-3.94%

Gasoline (1 liter)

$1.28 NIO 46.73

$1.72 PEN 5.91

-25.58%

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

$23.2K NIO 849.8K

$22.3K PEN 76.6K

4.01%

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

$26.5K NIO 969.6K

$25.5K PEN 87.6K

3.81%

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

$154 NIO 5,650

$73.1 PEN 251

111.13%

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

$19.44 NIO 712

$16.35 PEN 56.2

18.90%

Internet (50+ Mbps, Unlimited Data)

$32.60 NIO 1,194

$27.47 PEN 94.3

18.67%

Gym Membership (Monthly)

$31.90 PEN 110

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

Cinema Ticket

$8.74 NIO 320

$7.05 PEN 24.23

23.97%

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

$238 NIO 8,720

$182 PEN 627

30.48%

International Primary School, 1 Child (Yearly)

$5,974 NIO 218.8K

$13.0K PEN 44.8K

-54.19%

Jeans (Levis 501 Or Similar)

$15.21 NIO 557

$53.8 PEN 185

-71.72%

Summer Dress (H&M, Zara, etc)

$30.09 NIO 1,102

$34.32 PEN 118

-12.33%

Sport Shoes (Adidas, Nike)

$35.60 NIO 1,304

$82.8 PEN 284

-57.02%

Men's Leather Business Shoes

$35.20 NIO 1,289

$78.2 PEN 269

-55.01%

1-bedroom Apartment, City Center (Monthly)

$423 NIO 15.5K

$721 PEN 2,476

-41.29%

1-bedroom Apartment, Outside City Center (Monthly)

$346 NIO 12.7K

$343 PEN 1,179

0.70%

3-bedroom Apartment, City Center (Monthly)

$795 NIO 29.1K

$1,219 PEN 4,186

-34.76%

3-bedroom Apartment, Outside City Center (Monthly)

$522 NIO 19.1K

$651 PEN 2,235

-19.80%

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)

$136 NIO 4,984

$648 PEN 2,226

-79.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.92

8.94

33.33%

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

Last update for Granada: October 13, 2026

Last update for Lima: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Granada

$346 37.6%

Lima

$343 33.9% 0.7% $2.4

Monthly Utilities & Internet

Granada

$206 22.4%

Lima

$117 11.6% 43.3% $89

Groceries & Markets

Granada

$192 20.9%

Lima

$226 22.3% 17.5% $34

Eating Out

Granada

$93 10.1%

Lima

$124 12.3% 32.9% $31

Clothing & Footwear

Granada

$52 5.7%

Lima

$112 11.1% 115% $60

Sport & Entertainment

Granada

$17 * 1.9%

Lima

$46 4.6% 163% $29

Getting Around

Granada

$13 1.4%

Lima

$43 4.3% 238% $31

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $423 in Granada 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.

Salaries run about 376% higher in Lima, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $24.00 in Granada versus $35.00 in Lima. Monthly groceries follow the same trend: $192 vs $226 – making Granada the more affordable choice for daily food spending.

Good to know

🇳🇮 Granada

🇵🇪 Lima

🕒 Local time

22:09 10:09 PM

23:09 11:09 PM

1 h ahead of Granada

🌤 Weather

👥 Population

128,937

9,989,369 Capital

💱 Currency

Nicaraguan Córdoba NIO C$

Peruvian Sol PEN S/

📈 Exchange rate

100 NIO = 2.73 USD

100 NIO = 2.43 EUR

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to NIO – Nicaraguan Córdoba Converter

🇺🇸 United States Dollar ($)

🇳🇮 Nicaraguan Córdoba (C$)

Nicaraguan Córdoba exchange rates as of October 18, 2026: 1 USD = 36.62 NIO (100 NIO = 2.73 USD). 1 EUR = 41.17 NIO (100 NIO = 2.43 EUR).

Peruvian Sol exchange rates as of October 18, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

USD to NIO in detail →

On the map

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Between locations

Granada Lima 2,840 km ≈ 4 h nonstop flight

From you

Granada
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

Granada vs Lima: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $920 in Granada, $1,012 in Lima – roughly 10% apart. Outside of rent, the biggest gap is in clothing.

For a comfortable life, plan on about $1,380 per month in Granada 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 Granada, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 590% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $238 per month in Granada and $182 in Lima. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Granada, where all-in costs run around $920, than in Lima at $1,012. In Granada it covers expenses comfortably, while in Lima it requires careful planning or may not stretch far enough.

It depends on your priorities. Lima has an edge in some lifestyle areas, with costs from $920 in Granada to $1,012 in Lima. Climate, culture, job market, and personal taste all factor in.

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 Granada. 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.