Last update: Oct 2026

Cost of Living Comparison Between Lima and Concordia

For one person, living is cheaper in Lima: $1,012 a month against $1,176 in Concordia, rent and utilities included – about $2,000 less a year. The total is higher in Concordia despite lower rent and utilities.

49

Cost of Living Index in Lima
Learn more

Lima Living Index
60

Cost of Living Index in Concordia
Learn more

Concordia Living Index

Jump to prices

Lima

🇵🇪 Peru

$1,012

/mo nomad

Concordia

🇦🇷 Argentina

$1,176

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Concordia

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

A single person spends $1,012 per month in Lima vs $1,176 in Concordia, rent included.

Lima $1,012
Concordia $1,176

A couple spends around $1,589 per month in Lima vs $2,057 in Concordia, rent included.

Lima $1,589
Concordia $2,057

A family of three spends $2,167 per month in Lima vs $2,938 in Concordia, rent included.

Lima $2,167
Concordia $2,938

Lima is about 14% cheaper than Concordia, and outside of rent the biggest gap is in eating out.

Both Lima and Concordia are more affordable than the global median – Lima 25% lower, Concordia 13% lower.

Meal at Budget Restaurant

$4.40 PEN 15.10

$16.50 ARS 25.0K

-73.33%

Three-Course Dinner for Two, Mid-Range

$35.17 PEN 121

$57.9 ARS 87.8K

-39.20%

Fast Food Meal (McDonalds, etc)

$6.89 PEN 23.65

$14.29 ARS 21.7K

-51.78%

Cappuccino

$3.26 PEN 11.20

$3.85 ARS 5,840

-15.32%

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

$1.12 PEN 3.84

$2.25 ARS 3,419

-50.22%

Water (0.33 liter bottle)

$0.62 PEN 2.11

$1.91 ARS 2,904

-67.54%

Local Beer (0.5 liter draught)

$2.65 PEN 9.09

$3.88 ARS 5,890

-31.70%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.15

$3.72 ARS 5,642

18.55%

Milk (1 liter)

$1.63 PEN 5.61

$1.37 ARS 2,079

18.98%

White Bread (500g)

$2.56 PEN 8.78

$2.03 ARS 3,080

26.11%

Rice (white) (1kg)

$1.35 PEN 4.65

$2.13 ARS 3,235

-36.62%

Eggs

$2.90 PEN 9.96

$2.77 ARS 4,208

4.69%

Local Cheese (1kg)

$8.85 PEN 30.38

$11.19 ARS 17.0K

-20.91%

Chicken Fillets (1kg)

$5.98 PEN 20.52

$7.47 ARS 11.3K

-19.95%

Beef Round Steak (1kg)

$9.78 PEN 33.59

$12.42 ARS 18.8K

-21.26%

Apples (1kg)

$2.05 PEN 7.02

$2.13 ARS 3,232

-3.76%

Banana (1kg)

$1.06 PEN 3.66

$2.02 ARS 3,062

-47.52%

Oranges (1kg)

$1.35 PEN 4.64

$1.63 ARS 2,469

-17.18%

Tomato (1kg)

$1.50 PEN 5.15

$2.63 ARS 3,995

-42.97%

Potato (1kg)

$0.88 PEN 3.03

$0.94 ARS 1,433

-6.38%

Onion (1kg)

$0.92 PEN 3.15

$0.90 ARS 1,362

2.22%

Lettuce (1 head)

$0.89 PEN 3.07

Water (1.5 liter bottle)

$0.90 PEN 3.10

$1.65 ARS 2,506

-45.45%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.27

$3.76 ARS 5,705

56.91%

Wine (Bottle)

$8.52 PEN 29.26

$5.03 ARS 7,635

69.38%

Local Beer (0.5 liter bottle)

$1.88 PEN 6.45

$1.99 ARS 3,016

-5.53%

Imported Beer (0.33 liter bottle)

$3.22 PEN 11.05

$3.23 ARS 4,902

-0.31%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$0.91 ARS 1,386

-25.27%

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.2

Taxi Start (Normal Tariff)

$3.81 PEN 13.09

$1.57 ARS 2,379

142.68%

Taxi (Normal Tariff) (1km)

$2.02 PEN 6.93

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.41

Gasoline (1 liter)

$1.72 PEN 5.91

$1.25 ARS 1,890

37.60%

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

$22.3K PEN 76.6K

$27.6K ARS 41.9M

-19.21%

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

$25.5K PEN 87.6K

$32.5K ARS 49.3M

-21.46%

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

$73.1 PEN 251

$129 ARS 195.6K

-43.31%

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

$16.35 PEN 56.2

$15.93 ARS 24.2K

2.64%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.3

$24.12 ARS 36.6K

13.89%

Gym Membership (Monthly)

$31.90 PEN 110

$28.64 ARS 43.5K

11.38%

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

Cinema Ticket

$7.05 PEN 24.23

$8.01 ARS 12.2K

-11.99%

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

$182 PEN 627

$300 ARS 455.7K

-39.24%

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.8K

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

$106 ARS 160.3K

-49.09%

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

Sport Shoes (Adidas, Nike)

$82.8 PEN 284

$114 ARS 172.6K

-27.20%

Men's Leather Business Shoes

$78.2 PEN 269

$126 ARS 190.9K

-37.79%

1-bedroom Apartment, City Center (Monthly)

$721 PEN 2,476

$526 ARS 797.8K

37.16%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,179

$282 ARS 428.6K

21.61%

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,186

$966 ARS 1.5M

26.15%

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,235

$894 ARS 1.4M

-27.22%

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 Lima: October 11, 2026

Last update for Concordia: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$343 33.9%

Concordia

$282 24% 17.8% $61

Groceries & Markets

Lima

$226 22.3%

Concordia

$255 * 21.7% 12.9% $29

Eating Out

Lima

$124 12.3%

Concordia

$265 22.5% 113% $141

Monthly Utilities & Internet

Lima

$117 11.6%

Concordia

$169 14.4% 44.5% $52

Clothing & Footwear

Lima

$112 11.1%

Concordia

$155 * 13.2% 38.5% $43

Sport & Entertainment

Lima

$46 4.6%

Concordia

$45 3.8% 2.9% $1.4

Getting Around

Lima

$43 4.3%

Concordia

$5.2 * 0.4% 88% $38

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

Cost Breakdown

A central one-bedroom costs $721 in Lima versus $526 in Concordia. 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 $35.00 in Lima versus $58.0 in Concordia. Monthly groceries follow the same trend: $226 vs $255 – making Lima the more affordable choice for daily food spending.

Good to know

🇵🇪 Lima

🇦🇷 Concordia

🕒 Local time

12:32 12:32 PM

14:32 2:32 PM

2 h ahead of Lima

🌤 Weather

👥 Population

9,989,369 Capital

149,450

💱 Currency

Peruvian Sol PEN S/

Argentine Peso ARS $

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

Exchange rates and currency converter

ARS, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 19, 2026: 1 USD = 3.43 PEN (1 PEN = 0.291 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Argentine Peso exchange rates as of October 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Concordia 2,900 km ≈ 4 h 15 min nonstop flight

From you

Lima
Concordia

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 Concordia: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,012 in Lima, $1,176 in Concordia – roughly 16% apart. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $1,518 per month in Lima and $1,764 in Concordia. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lima, 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 $1,012 in Lima and $1,176 in Concordia. That's a gap of about 16%.

Kindergarten costs $182 per month in Lima and $300 in Concordia. 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 Lima, where all-in costs run around $1,012, than in Concordia at $1,176. In Lima it covers expenses comfortably, while in Concordia 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 $1,012 in Lima to $1,176 in Concordia. 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 Lima. If higher salaries, better infrastructure, or specific career opportunities are the priority, Concordia makes more sense. Both are solid long-term options with distinct trade-offs.