Last update: Oct 2026

Cost of Living Comparison Between Lima and Granada

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.

49

Cost of Living Index in Lima
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Lima Living Index
45

Cost of Living Index in Granada
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Granada Living Index

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Lima

🇵🇪 Peru

$1,012

/mo nomad

Granada

🇳🇮 Nicaragua

$920

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Granada

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

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

Lima $1,012
Granada $920

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

Lima $1,589
Granada $1,291

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

Lima $2,167
Granada $1,662

Lima costs about 10% more than Granada, and outside of rent the biggest gap is in clothing.

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

Meal at Budget Restaurant

$4.40 PEN 15.10

$4.31 NIO 158

2.09%

Three-Course Dinner for Two, Mid-Range

$35.17 PEN 121

$23.77 NIO 870

47.96%

Fast Food Meal (McDonalds, etc)

$6.89 PEN 23.65

$6.95 NIO 254

-0.86%

Cappuccino

$3.26 PEN 11.20

$1.76 NIO 64.4

85.23%

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

$1.12 PEN 3.84

$0.86 NIO 31.63

30.23%

Water (0.33 liter bottle)

$0.62 PEN 2.11

$0.69 NIO 25.24

-10.14%

Local Beer (0.5 liter draught)

$2.65 PEN 9.09

$1.32 NIO 48.42

100.76%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.15

$2.03 NIO 74.4

117.24%

Milk (1 liter)

$1.63 PEN 5.61

$1.22 NIO 44.75

33.61%

White Bread (500g)

$2.56 PEN 8.78

$1.60 NIO 58.6

60.00%

Rice (white) (1kg)

$1.35 PEN 4.65

$0.54 NIO 19.73

150.00%

Eggs

$2.90 PEN 9.96

$1.18 NIO 43.11

145.76%

Local Cheese (1kg)

$8.85 PEN 30.38

$5.01 NIO 183

76.65%

Chicken Fillets (1kg)

$5.98 PEN 20.52

$5.02 NIO 184

19.12%

Beef Round Steak (1kg)

$9.78 PEN 33.59

$7.90 NIO 289

23.80%

Apples (1kg)

$2.05 PEN 7.02

$4.08 NIO 149

-49.75%

Banana (1kg)

$1.06 PEN 3.66

$0.59 NIO 21.53

79.66%

Oranges (1kg)

$1.35 PEN 4.64

$1.76 NIO 64.6

-23.30%

Tomato (1kg)

$1.50 PEN 5.15

$0.98 NIO 35.96

53.06%

Potato (1kg)

$0.88 PEN 3.03

$2.81 NIO 103

-68.68%

Onion (1kg)

$0.92 PEN 3.15

$1.01 NIO 37.12

-8.91%

Lettuce (1 head)

$0.89 PEN 3.07

$1.03 NIO 37.59

-13.59%

Water (1.5 liter bottle)

$0.90 PEN 3.10

$1.02 NIO 37.21

-11.76%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.27

$2.80 NIO 103

110.71%

Wine (Bottle)

$8.52 PEN 29.26

$10.07 NIO 369

-15.39%

Local Beer (0.5 liter bottle)

$1.88 PEN 6.45

$1.41 NIO 51.8

33.33%

Imported Beer (0.33 liter bottle)

$3.22 PEN 11.05

$1.77 NIO 64.9

81.92%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$0.09 NIO 3.37

655.56%

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.2

$3.89 NIO 142

590.49%

Taxi Start (Normal Tariff)

$3.81 PEN 13.09

$0.59 NIO 21.59

545.76%

Taxi (Normal Tariff) (1km)

$2.02 PEN 6.93

$1.60 NIO 58.8

26.25%

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.41

$6.83 NIO 250

4.10%

Gasoline (1 liter)

$1.72 PEN 5.91

$1.28 NIO 46.73

34.37%

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

$22.3K PEN 76.6K

$23.2K NIO 849.8K

-3.85%

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

$25.5K PEN 87.6K

$26.5K NIO 969.6K

-3.67%

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

$73.1 PEN 251

$154 NIO 5,650

-52.63%

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

$16.35 PEN 56.2

$19.44 NIO 712

-15.90%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.3

$32.60 NIO 1,194

-15.74%

Gym Membership (Monthly)

$31.90 PEN 110

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

Cinema Ticket

$7.05 PEN 24.23

$8.74 NIO 320

-19.34%

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

$182 PEN 627

$238 NIO 8,720

-23.36%

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.8K

$5,974 NIO 218.8K

118.28%

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

$15.21 NIO 557

253.65%

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

$30.09 NIO 1,102

14.06%

Sport Shoes (Adidas, Nike)

$82.8 PEN 284

$35.60 NIO 1,304

132.64%

Men's Leather Business Shoes

$78.2 PEN 269

$35.20 NIO 1,289

122.27%

1-bedroom Apartment, City Center (Monthly)

$721 PEN 2,476

$423 NIO 15.5K

70.32%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,179

$346 NIO 12.7K

-0.69%

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,186

$795 NIO 29.1K

53.27%

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,235

$522 NIO 19.1K

24.68%

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

$136 NIO 4,984

376.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

11.92

-25.00%

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

Last update for Lima: October 11, 2026

Last update for Granada: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$343 33.9%

Granada

$346 37.6% 0.7% $2.4

Groceries & Markets

Lima

$226 22.3%

Granada

$192 20.9% 14.9% $34

Eating Out

Lima

$124 12.3%

Granada

$93 10.1% 24.7% $31

Monthly Utilities & Internet

Lima

$117 11.6%

Granada

$206 22.4% 76.5% $89

Clothing & Footwear

Lima

$112 11.1%

Granada

$52 5.7% 53.4% $60

Sport & Entertainment

Lima

$46 4.6%

Granada

$17 * 1.9% 62% $29

Getting Around

Lima

$43 4.3%

Granada

$13 1.4% 70.4% $31

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 $423 in Granada. 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 $35.00 in Lima versus $24.00 in Granada. Monthly groceries follow the same trend: $226 vs $192 – making Granada the more affordable choice for daily food spending.

Good to know

🇵🇪 Lima

🇳🇮 Granada

🕒 Local time

00:04 12:04 AM

23:04 11:04 PM

1 h behind Lima

🌤 Weather

👥 Population

9,989,369 Capital

128,937

💱 Currency

Peruvian Sol PEN S/

Nicaraguan Córdoba NIO C$

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

100 NIO = 2.73 USD

100 NIO = 2.43 EUR

Exchange rates and currency converter

NIO, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

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).

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).

USD to PEN in detail →

On the map

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Between locations

Lima Granada 2,840 km ≈ 4 h nonstop flight

From you

Lima
Granada

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 Granada: Cost of Living - Frequently Asked Questions

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

For a comfortable life, plan on about $1,518 per month in Lima and $1,380 in Granada. 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 $182 per month in Lima and $238 in Granada. 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.