Last update: Oct 2026

Cost of Living Comparison Between Lima and Cochrane

For one person, living is cheaper in Lima: $1,012 a month against $1,074 in Cochrane, rent and utilities included – about $740 less a year. The total is higher in Cochrane despite lower rent and utilities.

49

Cost of Living Index in Lima
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Lima Living Index
52

Cost of Living Index in Cochrane
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Cochrane Living Index

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Lima

🇵🇪 Peru

$1,012

/mo nomad

Cochrane

🇨🇦 Canada

$1,074

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Cochrane

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

Monthly costs for one person with rent: $1,012 in Lima versus $1,074 in Cochrane.

Lima $1,012
Cochrane $1,074

Estimated couple costs with rent: $1,589 in Lima versus $2,385 in Cochrane.

Lima $1,589
Cochrane $2,385

Monthly costs for a family of three with rent: $2,167 in Lima versus $3,696 in Cochrane.

Lima $2,167
Cochrane $3,696

Living in Lima costs roughly 6% less than in Cochrane, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Lima 25% lower, Cochrane 20% lower.

Meal at Budget Restaurant

$4.40 PEN 15.13

$17.47 CA$24.84

-74.81%

Three-Course Dinner for Two, Mid-Range

$35.17 PEN 121

$70.2 CA$99.9

-49.92%

Fast Food Meal (McDonalds, etc)

$6.89 PEN 23.69

$9.90 CA$14.08

-30.40%

Cappuccino

$3.26 PEN 11.22

$3.82 CA$5.44

-14.66%

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

$1.12 PEN 3.84

$2.33 CA$3.31

-51.93%

Water (0.33 liter bottle)

$0.62 PEN 2.12

$1.62 CA$2.30

-61.73%

Local Beer (0.5 liter draught)

$2.65 PEN 9.11

$5.69 CA$8.09

-53.43%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.17

$5.72 CA$8.13

-22.90%

Milk (1 liter)

$1.63 PEN 5.62

$1.56 CA$2.22

4.49%

White Bread (500g)

$2.56 PEN 8.79

$2.07 CA$2.95

23.67%

Rice (white) (1kg)

$1.35 PEN 4.66

$2.98 CA$4.24

-54.70%

Eggs

$2.90 PEN 9.97

$3.22 CA$4.57

-9.94%

Local Cheese (1kg)

$8.85 PEN 30.43

$8.58 CA$12.20

3.15%

Chicken Fillets (1kg)

$5.98 PEN 20.55

$8.42 CA$11.97

-28.98%

Beef Round Steak (1kg)

$9.78 PEN 33.65

$8.57 CA$12.19

14.12%

Apples (1kg)

$2.05 PEN 7.04

$4.29 CA$6.11

-52.21%

Banana (1kg)

$1.06 PEN 3.66

$1.37 CA$1.95

-22.63%

Oranges (1kg)

$1.35 PEN 4.65

$4.38 CA$6.23

-69.18%

Tomato (1kg)

$1.50 PEN 5.16

$1.43 CA$2.04

4.90%

Potato (1kg)

$0.88 PEN 3.03

$1.37 CA$1.95

-35.77%

Onion (1kg)

$0.92 PEN 3.16

$1.77 CA$2.51

-48.02%

Lettuce (1 head)

$0.89 PEN 3.08

$2.43 CA$3.46

-63.37%

Water (1.5 liter bottle)

$0.90 PEN 3.11

$1.75 CA$2.49

-48.57%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.31

$13.80 CA$19.62

-57.25%

Wine (Bottle)

$8.52 PEN 29.31

$8.16 CA$11.61

4.41%

Local Beer (0.5 liter bottle)

$1.88 PEN 6.46

$3.08 CA$4.38

-38.96%

Imported Beer (0.33 liter bottle)

$3.22 PEN 11.07

$2.96 CA$4.20

8.78%

One-way Ticket (Public Transport)

$0.68 PEN 2.34

$3.46 CA$4.92

-80.35%

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.4

Taxi Start (Normal Tariff)

$3.81 PEN 13.11

$2.92 CA$4.15

30.48%

Taxi (Normal Tariff) (1km)

$2.02 PEN 6.94

$1.38 CA$1.96

46.38%

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.45

$21.32 CA$30.32

-66.65%

Gasoline (1 liter)

$1.72 PEN 5.92

$1.06 CA$1.50

62.26%

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

$22.3K PEN 76.7K

$27.6K CA$39.3K

-19.21%

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

$25.5K PEN 87.7K

$19.5K CA$27.8K

30.47%

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

$73.1 PEN 251

$207 CA$294

-64.67%

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

$16.35 PEN 56.2

$42.87 CA$61.0

-61.86%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.5

$54.4 CA$77.3

-49.49%

Gym Membership (Monthly)

$31.90 PEN 110

$44.82 CA$63.7

-28.83%

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.8

Cinema Ticket

$7.05 PEN 24.27

$12.90 CA$18.34

-45.35%

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

$182 PEN 628

$752 CA$1,069

-75.73%

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.9K

$9,571 CA$13.6K

36.25%

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

$42.60 CA$60.6

26.27%

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

$45.15 CA$64.2

-23.99%

Sport Shoes (Adidas, Nike)

$82.8 PEN 285

$83.3 CA$118

-0.62%

Men's Leather Business Shoes

$78.2 PEN 269

$94.7 CA$135

-17.42%

1-bedroom Apartment, City Center (Monthly)

$721 PEN 2,481

$1,182 CA$1,681

-39.00%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,181

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,193

$1,725 CA$2,452

-29.33%

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,239

$1,344 CA$1,911

-51.58%

Buy Apartment in City Center (m2)

$2,414 PEN 8,306

$22.6K CA$32.1K

-89.30%

Buy Apartment Outside City Center (m2)

$1,357 PEN 4,668

Average Monthly Net Salary (After Tax)

$648 PEN 2,229

$4,061 CA$5,773

-84.04%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

4.32

106.94%

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

Last update for Lima: October 11, 2026

Last update for Cochrane: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$343 33.9%

Cochrane

- * 0% 100%

Groceries & Markets

Lima

$226 22.3%

Cochrane

$285 26.5% 26.2% $59

Eating Out

Lima

$124 12.3%

Cochrane

$271 25.2% 119% $147

Monthly Utilities & Internet

Lima

$117 11.6%

Cochrane

$304 28.3% 160% $187

Clothing & Footwear

Lima

$112 11.1%

Cochrane

$120 11.1% 6.7% $7.5

Sport & Entertainment

Lima

$46 4.6%

Cochrane

$71 6.6% 53.5% $25

Getting Around

Lima

$43 4.3%

Cochrane

$24 * 2.2% 45.6% $20

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

Cost Breakdown

A one-bedroom apartment in the center runs $721 in Lima and $1,182 in Cochrane. Housing cost is often the main lever when comparing two cities.

Cochrane pays 527% 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: $35.00 in Lima vs $70.0 in Cochrane for a mid-range dinner for two. Groceries echo the gap at $226 vs $285 per month, with Lima cheaper across the board.

Good to know

🇵🇪 Lima

🇨🇦 Cochrane

🕒 Local time

18:58 6:58 PM

17:58 5:58 PM

1 h behind Lima

🌤 Weather

👥 Population

9,989,369 Capital

26,000

💱 Currency

Peruvian Sol PEN S/

Canadian Dollar CAD $

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.26 EUR

1 CAD = 0.703 USD

1 CAD = 0.628 EUR

Exchange rates and currency converter

CAD, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 14, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.85 PEN (1 PEN = 0.26 EUR).

Canadian Dollar exchange rates as of October 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Cochrane 7,910 km ≈ 10 h nonstop flight

From you

Lima
Cochrane

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

Lima vs Cochrane: Cost of Living - Frequently Asked Questions

Lima wins on cost – living expenses run 6% lower than in Cochrane. Housing and daily spending are where you'll feel the difference most, making Lima the obvious pick if budget is a priority.

On paper, salaries run 527% lower in Cochrane. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $721 in Lima versus $1,182 in Cochrane. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 26% higher in Cochrane. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,012 per month in Lima versus $1,074 in Cochrane – a 6% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,012 in Lima versus $1,074 in Cochrane, a $2,000 budget is realistic in Lima but tight or insufficient in Cochrane. The gap between the two cities makes Lima the clear choice for anyone on this budget.

Both work as nomad bases, but Lima delivers better value – similar infrastructure at $1,012 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Lima hard to pass up.

Expats usually find Lima gentler on the wallet – expenses run 6% less than in Cochrane. Beyond cost, consider language, visa policies, and how big the international community is in each city.