Last update: Oct 2026

Cost of Living Comparison Between Lima and Concepcion

For one person, living is cheaper in Lima: $996 a month against $1,060 in Concepcion, rent and utilities included – about $770 less a year. Higher rent and utilities in Concepcion outweigh lower spending on other living expenses.

49

Cost of Living Index in Lima
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Lima Living Index
51

Cost of Living Index in Concepcion
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Concepcion Living Index

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Lima

🇵🇪 Peru

$996

/mo nomad

Concepcion

🇨🇱 Chile

$1,060

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Concepcion

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 Concepcion actually costs, broken down by who's living it.

Monthly costs for one person with rent: $996 in Lima versus $1,060 in Concepcion.

Lima $996
Concepcion $1,060

Estimated couple costs with rent: $1,594 in Lima versus $1,654 in Concepcion.

Lima $1,594
Concepcion $1,654

Monthly costs for a family of three with rent: $2,191 in Lima versus $2,247 in Concepcion.

Lima $2,191
Concepcion $2,247

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

Both cities sit below the global median: Lima 26% lower, Concepcion 21% lower.

Meal at Budget Restaurant

$4.42 PEN 15.21

$7.02 CLP 6,860

-37.04%

Three-Course Dinner for Two, Mid-Range

$35.04 PEN 121

$45.59 CLP 44.6K

-23.14%

Fast Food Meal (McDonalds, etc)

$6.84 PEN 23.52

$7.64 CLP 7,472

-10.47%

Cappuccino

$3.27 PEN 11.26

$2.83 CLP 2,766

15.55%

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

$1.10 PEN 3.80

$1.43 CLP 1,394

-23.08%

Water (0.33 liter bottle)

$0.65 PEN 2.23

$1.05 CLP 1,025

-38.10%

Local Beer (0.5 liter draught)

$2.58 PEN 8.88

$3.89 CLP 3,806

-33.68%

Imported Beer (0.33 liter bottle)

$4.47 PEN 15.39

$3.74 CLP 3,659

19.52%

Milk (1 liter)

$1.59 PEN 5.48

$1.26 CLP 1,230

26.19%

White Bread (500g)

$2.58 PEN 8.89

$1.51 CLP 1,472

70.86%

Rice (white) (1kg)

$1.36 PEN 4.67

$1.53 CLP 1,491

-11.11%

Eggs

$2.95 PEN 10.14

$3.63 CLP 3,546

-18.73%

Local Cheese (1kg)

$9.10 PEN 31.30

$10.94 CLP 10.7K

-16.82%

Chicken Fillets (1kg)

$5.81 PEN 19.98

$6.65 CLP 6,499

-12.63%

Beef Round Steak (1kg)

$9.83 PEN 33.80

$11.78 CLP 11.5K

-16.55%

Apples (1kg)

$2.01 PEN 6.92

$1.45 CLP 1,416

38.62%

Banana (1kg)

$1.08 PEN 3.70

$1.35 CLP 1,318

-20.00%

Oranges (1kg)

$1.37 PEN 4.71

$1.49 CLP 1,457

-8.05%

Tomato (1kg)

$1.48 PEN 5.08

$1.41 CLP 1,373

4.96%

Potato (1kg)

$0.96 PEN 3.32

$1.04 CLP 1,015

-7.69%

Onion (1kg)

$0.85 PEN 2.93

$1.31 CLP 1,280

-35.11%

Lettuce (1 head)

$0.88 PEN 3.03

$1.12 CLP 1,091

-21.43%

Water (1.5 liter bottle)

$0.87 PEN 2.98

$1.18 CLP 1,155

-26.27%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.31

$5.09 CLP 4,970

15.91%

Wine (Bottle)

$8.81 PEN 30.31

$5.01 CLP 4,893

75.85%

Local Beer (0.5 liter bottle)

$1.92 PEN 6.59

$0.96 CLP 942

100.00%

Imported Beer (0.33 liter bottle)

$3.20 PEN 11.02

$1.69 CLP 1,649

89.35%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$0.55 CLP 540

23.64%

Public Transport Monthly Pass (Regular Price)

$26.74 PEN 92.0

$31.51 CLP 30.8K

-15.14%

Taxi Start (Normal Tariff)

$3.81 PEN 13.10

$1.20 CLP 1,172

217.50%

Taxi (Normal Tariff) (1km)

$2.04 PEN 7.02

$2.25 CLP 2,203

-9.33%

Taxi 1hour Waiting (Normal Tariff)

$7.14 PEN 24.57

$12.28 CLP 12.0K

-41.86%

Gasoline (1 liter)

$1.65 PEN 5.67

$1.37 CLP 1,339

20.44%

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

$22.2K PEN 76.3K

$19.9K CLP 19.5M

11.20%

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

$25.7K PEN 88.3K

$24.7K CLP 24.1M

4.01%

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

$73.0 PEN 251

$108 CLP 105.5K

-32.33%

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

$16.26 PEN 55.9

$13.06 CLP 12.8K

24.50%

Internet (50+ Mbps, Unlimited Data)

$27.60 PEN 94.9

$27.55 CLP 26.9K

0.18%

Gym Membership (Monthly)

$33.07 PEN 114

$29.45 CLP 28.8K

12.29%

Tennis Court (1 Hour on Weekend)

$19.49 PEN 67.1

$10.48 CLP 10.2K

85.97%

Cinema Ticket

$7.39 PEN 25.41

$5.74 CLP 5,610

28.75%

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

$182 PEN 626

$318 CLP 310.3K

-42.68%

International Primary School, 1 Child (Yearly)

$13.3K PEN 45.8K

$4,329 CLP 4.2M

207.74%

Jeans (Levis 501 Or Similar)

$52.6 PEN 181

$45.10 CLP 44.1K

16.54%

Summer Dress (H&M, Zara, etc)

$34.23 PEN 118

$22.28 CLP 21.8K

53.64%

Sport Shoes (Adidas, Nike)

$83.8 PEN 288

$63.8 CLP 62.3K

31.37%

Men's Leather Business Shoes

$79.0 PEN 272

$64.7 CLP 63.2K

22.23%

1-bedroom Apartment, City Center (Monthly)

$723 PEN 2,488

$474 CLP 463.0K

52.69%

1-bedroom Apartment, Outside City Center (Monthly)

$340 PEN 1,170

$346 CLP 337.8K

-1.59%

3-bedroom Apartment, City Center (Monthly)

$1,184 PEN 4,074

$955 CLP 933.4K

24.02%

3-bedroom Apartment, Outside City Center (Monthly)

$635 PEN 2,183

$643 CLP 628.6K

-1.31%

Buy Apartment in City Center (m2)

$2,449 PEN 8,423

$2,137 CLP 2.1M

14.57%

Buy Apartment Outside City Center (m2)

$1,372 PEN 4,718

$1,810 CLP 1.8M

-24.22%

Average Monthly Net Salary (After Tax)

$653 PEN 2,245

$542 CLP 529.4K

20.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

5.3

68.68%

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

Last update for Lima: October 4, 2026

Last update for Concepcion: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$340 33.6%

Concepcion

$346 33.2% 1.6% $5.5

Groceries & Markets

Lima

$226 22.4%

Concepcion

$221 21.2% 2.5% $5.7

Eating Out

Lima

$124 12.3%

Concepcion

$150 14.4% 20.8% $26

Monthly Utilities & Internet

Lima

$117 11.6%

Concepcion

$149 14.3% 27.1% $32

Clothing & Footwear

Lima

$112 11.1%

Concepcion

$88 8.5% 21.6% $24

Sport & Entertainment

Lima

$48 4.7%

Concepcion

$41 3.9% 14.5% $6.9

Getting Around

Lima

$43 4.3%

Concepcion

$46 4.4% 6.2% $2.7

Cost Breakdown

A one-bedroom apartment in the center runs $723 in Lima and $474 in Concepcion. Housing cost is often the main lever when comparing two cities.

Lima pays 20% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $35.00 in Lima vs $46.00 in Concepcion. Groceries flip the comparison at $226 vs $221, with Concepcion cheaper for home cooking.

Good to know

🇵🇪 Lima

🇨🇱 Concepcion

🕒 Local time

00:21 12:21 AM

02:21 2:21 AM

2 h ahead of Lima

🌤 Weather

👥 Population

9,989,369 Capital

217,537

💱 Currency

Peruvian Sol PEN S/

Chilean Peso CLP $

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

10,000 CLP = 10.23 USD

10,000 CLP = 9.12 EUR

Exchange rates and currency converter

CLP, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 10, 2026: 1 USD = 3.44 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 977 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,096 CLP (10,000 CLP = 9.12 EUR).

USD to PEN in detail →

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Between locations

Lima Concepcion 2,780 km ≈ 4 h nonstop flight

From you

Lima
Concepcion

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 Concepcion: Cost of Living - Frequently Asked Questions

Lima and Concepcion differ by about 6% in total monthly costs ($996 vs $1,060 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 20% higher in Lima, 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: $723 in Lima versus $474 in Concepcion. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Concepcion pay roughly 3% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Lima – a meal for two runs $35.00 versus $46.00 in Concepcion. If you eat out regularly, this makes a real dent in your monthly spending.

At $996 in Lima versus $1,060 in Concepcion, a $2,000 budget is realistic in Lima but tight or insufficient in Concepcion. The gap between the two cities makes Lima the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

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