Last update: Oct 2026

Cost of Living Comparison Between Lima and Itajubá, MG

For one person, living is cheaper in Itajubá, MG: $867 a month against $1,012 in Lima, rent and utilities included – about $1,700 less a year. Other living expenses account for most of the difference.

49

Cost of Living Index in Lima
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Lima Living Index
43

Cost of Living Index in Itajubá, MG
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Itajubá, MG Living Index

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Lima

🇵🇪 Peru

$1,012

/mo nomad

Itajubá, MG

🇧🇷 Brazil

$867

/mo nomad

Monthly Cost of Living

How much you'll spend in Lima and in Itajubá, MG

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

Monthly costs for one person with rent: $1,012 in Lima versus $867 in Itajubá, MG.

Lima $1,012
Itajubá, MG $867

Estimated couple costs with rent: $1,589 in Lima versus $1,285 in Itajubá, MG.

Lima $1,589
Itajubá, MG $1,285

Monthly costs for a family of three with rent: $2,167 in Lima versus $1,703 in Itajubá, MG.

Lima $2,167
Itajubá, MG $1,703

Living in Lima is roughly 17% more expensive than in Itajubá, MG, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Lima 25% lower, Itajubá, MG 36% lower.

Meal at Budget Restaurant

$4.40 PEN 15.10

$4.56 R$23.13

-3.51%

Three-Course Dinner for Two, Mid-Range

$35.17 PEN 121

$24.00 R$122

46.54%

Fast Food Meal (McDonalds, etc)

$6.89 PEN 23.65

$4.38 R$22.20

57.31%

Cappuccino

$3.26 PEN 11.20

$1.29 R$6.53

152.71%

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

$1.12 PEN 3.84

$1.11 R$5.64

0.90%

Water (0.33 liter bottle)

$0.62 PEN 2.11

$0.66 R$3.35

-6.06%

Local Beer (0.5 liter draught)

$2.65 PEN 9.09

$1.82 R$9.25

45.60%

Imported Beer (0.33 liter bottle)

$4.41 PEN 15.15

$2.93 R$14.84

50.51%

Milk (1 liter)

$1.63 PEN 5.61

$0.95 R$4.80

71.58%

White Bread (500g)

$2.56 PEN 8.78

$1.65 R$8.38

55.15%

Rice (white) (1kg)

$1.35 PEN 4.65

$0.97 R$4.94

39.18%

Eggs

$2.90 PEN 9.96

$2.38 R$12.05

21.85%

Local Cheese (1kg)

$8.85 PEN 30.38

$10.72 R$54.3

-17.44%

Chicken Fillets (1kg)

$5.98 PEN 20.52

$3.58 R$18.16

67.04%

Beef Round Steak (1kg)

$9.78 PEN 33.59

$7.88 R$39.97

24.11%

Apples (1kg)

$2.05 PEN 7.02

$2.88 R$14.59

-28.82%

Banana (1kg)

$1.06 PEN 3.66

$1.58 R$8.03

-32.91%

Oranges (1kg)

$1.35 PEN 4.64

$1.02 R$5.17

32.35%

Tomato (1kg)

$1.50 PEN 5.15

$1.87 R$9.46

-19.79%

Potato (1kg)

$0.88 PEN 3.03

$1.08 R$5.48

-18.52%

Onion (1kg)

$0.92 PEN 3.15

$1.03 R$5.24

-10.68%

Lettuce (1 head)

$0.89 PEN 3.07

$0.67 R$3.38

32.84%

Water (1.5 liter bottle)

$0.90 PEN 3.10

$0.71 R$3.60

26.76%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 PEN 20.27

$3.05 R$15.47

93.44%

Wine (Bottle)

$8.52 PEN 29.26

$8.14 R$41.29

4.67%

Local Beer (0.5 liter bottle)

$1.88 PEN 6.45

$1.17 R$5.95

60.68%

Imported Beer (0.33 liter bottle)

$3.22 PEN 11.05

$1.59 R$8.05

102.52%

One-way Ticket (Public Transport)

$0.68 PEN 2.33

$1.03 R$5.20

-33.98%

Public Transport Monthly Pass (Regular Price)

$26.86 PEN 92.2

$40.43 R$205

-33.56%

Taxi Start (Normal Tariff)

$3.81 PEN 13.09

$1.21 R$6.13

214.88%

Taxi (Normal Tariff) (1km)

$2.02 PEN 6.93

$0.90 R$4.57

124.44%

Taxi 1hour Waiting (Normal Tariff)

$7.11 PEN 24.41

$9.26 R$46.95

-23.22%

Gasoline (1 liter)

$1.72 PEN 5.91

$1.13 R$5.71

52.21%

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

$22.3K PEN 76.6K

$23.7K R$120.2K

-5.94%

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

$25.5K PEN 87.6K

$32.7K R$165.9K

-22.08%

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

$73.1 PEN 251

$133 R$675

-45.12%

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

$16.35 PEN 56.2

$12.28 R$62.3

33.14%

Internet (50+ Mbps, Unlimited Data)

$27.47 PEN 94.3

$18.57 R$94.1

47.93%

Gym Membership (Monthly)

$31.90 PEN 110

$15.62 R$79.2

104.23%

Tennis Court (1 Hour on Weekend)

$19.41 PEN 66.7

$25.34 R$128

-23.40%

Cinema Ticket

$7.05 PEN 24.23

$7.82 R$39.62

-9.85%

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

$182 PEN 627

$587 R$2,977

-68.93%

International Primary School, 1 Child (Yearly)

$13.0K PEN 44.8K

$13.1K R$66.4K

-0.51%

Jeans (Levis 501 Or Similar)

$53.8 PEN 185

$42.71 R$217

25.94%

Summer Dress (H&M, Zara, etc)

$34.32 PEN 118

$50.0 R$254

-31.39%

Sport Shoes (Adidas, Nike)

$82.8 PEN 284

$73.9 R$375

12.10%

Men's Leather Business Shoes

$78.2 PEN 269

$67.4 R$342

16.10%

1-bedroom Apartment, City Center (Monthly)

$721 PEN 2,476

$346 R$1,751

108.72%

1-bedroom Apartment, Outside City Center (Monthly)

$343 PEN 1,179

$236 R$1,198

45.34%

3-bedroom Apartment, City Center (Monthly)

$1,219 PEN 4,186

$522 R$2,645

133.58%

3-bedroom Apartment, Outside City Center (Monthly)

$651 PEN 2,235

$366 R$1,853

78.04%

Buy Apartment in City Center (m2)

$2,414 PEN 8,292

$1,732 R$8,781

39.39%

Buy Apartment Outside City Center (m2)

$1,357 PEN 4,660

$1,177 R$5,969

15.25%

Average Monthly Net Salary (After Tax)

$648 PEN 2,226

$297 R$1,503

118.53%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.94

11.93

-25.06%

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

Last update for Lima: October 11, 2026

Last update for Itajubá, MG: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Lima

$343 33.9%

Itajubá, MG

$236 27.3% 31.2% $107

Groceries & Markets

Lima

$226 22.3%

Itajubá, MG

$192 22.2% 14.9% $34

Eating Out

Lima

$124 12.3%

Itajubá, MG

$87 10.1% 29.7% $37

Monthly Utilities & Internet

Lima

$117 11.6%

Itajubá, MG

$164 18.9% 40.3% $47

Clothing & Footwear

Lima

$112 11.1%

Itajubá, MG

$105 12.2% 6.1% $6.8

Sport & Entertainment

Lima

$46 4.6%

Itajubá, MG

$31 3.6% 32.1% $15

Getting Around

Lima

$43 4.3%

Itajubá, MG

$50 5.8% 15.6% $6.8

Cost Breakdown

A one-bedroom apartment in the center runs $721 in Lima and $346 in Itajubá, MG. Housing cost is often the main lever when comparing two cities.

Lima pays 119% 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 $24.00 in Itajubá, MG for a mid-range dinner for two. Groceries echo the gap at $226 vs $192 per month, with Itajubá, MG cheaper across the board.

Good to know

🇵🇪 Lima

🇧🇷 Itajubá, MG

🕒 Local time

02:55 2:55 AM

04:55 4:55 AM

2 h ahead of Lima

🌤 Weather

👥 Population

9,989,369 Capital

93,073

💱 Currency

Peruvian Sol PEN S/

Brazilian Real BRL R$

📈 Exchange rate

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, 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).

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to PEN in detail →

On the map

Lowest

Highest

Between locations

Lima Itajubá, MG 3,540 km ≈ 5 h nonstop flight

From you

Lima
Itajubá, MG

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 Itajubá, MG: Cost of Living - Frequently Asked Questions

Lima and Itajubá, MG differ by about 17% in total monthly costs ($1,012 vs $867 including rent). Itajubá, MG is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 119% 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: $721 in Lima versus $346 in Itajubá, MG. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $182 in Lima versus $587 in Itajubá, MG. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 18% higher in Lima. For households that cook at home regularly, that difference adds up over a month.

At $867 in Itajubá, MG versus $1,012 in Lima, a $2,000 budget is realistic in Itajubá, MG but tight or insufficient in Lima. The gap between the two cities makes Itajubá, MG 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.

Safety-wise, Lima and Itajubá, MG are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Itajubá, MG gentler on the wallet – expenses run 17% less than in Lima. Beyond cost, consider language, visa policies, and how big the international community is in each city.