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Cost of Living Comparison Between Lima and Medellin Cost of Living Comparison Between Lima and Medellin

😐 Solo nomad: Lima is 4.7% more expensive than Medellin without rent, and 4.8% cheaper with rent.
😐 Family of 3: Lima is 3.4% more expensive than Medellin without rent, and 4% cheaper with rent.
Currency
🍽 Eating Out
Lima
Medellin
Difference
Meal at Budget Restaurant
$4.12 PEN 13.83
$5.97 COP 21.9K
-30.99%
Three-Course Dinner for Two, Mid-Range
$33.92 PEN 114
$32.40 COP 119.0K
4.69%
Fast Food Meal (McDonalds, etc)
$6.96 PEN 23.39
$7.13 COP 26.2K
-2.38%
Cappuccino
$2.58 PEN 8.68
$1.65 COP 6,043
56.36%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.92 PEN 3.10
$1.06 COP 3,882
-13.21%
Water (0.33 liter bottle)
$0.65 PEN 2.19
$0.77 COP 2,839
-15.58%
Local Beer (0.5 liter draught)
$2.24 PEN 7.52
$1.75 COP 6,418
28.00%
Imported Beer (0.33 liter bottle)
$4.00 PEN 13.45
$3.06 COP 11.2K
30.72%
🛒 Groceries & Markets
Lima
Medellin
Difference
Milk (1 liter)
$1.42 PEN 4.77
$1.10 COP 4,026
29.09%
White Bread (500g)
$2.68 PEN 9.00
$1.30 COP 4,771
106.15%
Rice (white) (1kg)
$1.30 PEN 4.36
$1.34 COP 4,905
-2.99%
Eggs
$2.92 PEN 9.82
$2.26 COP 8,299
29.20%
Local Cheese (1kg)
$7.76 PEN 26.06
$4.50 COP 16.5K
72.44%
Chicken Fillets (1kg)
$5.59 PEN 18.77
$5.80 COP 21.3K
-3.62%
Beef Round Steak (1kg)
$10.55 PEN 35.45
$8.96 COP 32.9K
17.75%
Apples (1kg)
$2.04 PEN 6.85
$2.37 COP 8,691
-13.92%
Banana (1kg)
$1.08 PEN 3.63
$1.07 COP 3,939
0.93%
Oranges (1kg)
$1.10 PEN 3.70
$1.48 COP 5,418
-25.68%
Tomato (1kg)
$1.19 PEN 4.01
$1.36 COP 5,011
-12.50%
Potato (1kg)
$0.99 PEN 3.33
$1.13 COP 4,135
-12.39%
Onion (1kg)
$0.95 PEN 3.19
$1.13 COP 4,161
-15.93%
Lettuce (1 head)
$0.83 PEN 2.80
$0.89 COP 3,274
-6.74%
Water (1.5 liter bottle)
$0.91 PEN 3.07
$0.85 COP 3,114
7.06%
Cigarettes 20 Pack (Marlboro, Camel)
$5.49 PEN 18.46
$2.28 COP 8,361
140.79%
Wine (Bottle)
$8.76 PEN 29.43
$10.15 COP 37.3K
-13.69%
Local Beer (0.5 liter bottle)
$1.78 PEN 5.98
$1.19 COP 4,359
49.58%
Imported Beer (0.33 liter bottle)
$2.92 PEN 9.82
$2.40 COP 8,828
21.67%
🚌 Getting Around
Lima
Medellin
Difference
One-way Ticket (Public Transport)
$0.71 PEN 2.39
$0.84 COP 3,074
-15.48%
Public Transport Monthly Pass (Regular Price)
$31.56 PEN 106
$40.85 COP 150.0K
-22.74%
Taxi Start (Normal Tariff)
$3.38 PEN 11.35
$1.48 COP 5,417
128.38%
Taxi (Normal Tariff) (1km)
$2.12 PEN 7.13
$1.89 COP 6,949
12.17%
Taxi 1hour Waiting (Normal Tariff)
$8.18 PEN 27.49
$8.05 COP 29.5K
1.61%
Gasoline (1 liter)
$1.35 PEN 4.53
$0.94 COP 3,455
43.62%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.7K PEN 66.3K
$17.7K COP 65.1M
11.16%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.9K PEN 83.6K
$26.4K COP 96.8M
-5.61%
🧾 Monthly Utilities & Internet
Lima
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$57.2 PEN 192
$81.9 COP 300.7K
-30.14%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$12.48 PEN 41.92
$9.54 COP 35.0K
30.82%
Internet (50+ Mbps, Unlimited Data)
$23.41 PEN 78.7
$23.68 COP 87.0K
-1.14%
🎉 Sport & Entertainment
Lima
Medellin
Difference
Gym Membership (Monthly)
$31.14 PEN 105
$25.85 COP 94.9K
20.46%
Tennis Court (1 Hour on Weekend)
$18.46 PEN 62.0
$18.72 COP 68.7K
-1.39%
Cinema Ticket
$6.82 PEN 22.90
$4.05 COP 14.9K
68.40%
🧸 Childcare & Education
Lima
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$216 PEN 726
$316 COP 1.2M
-31.57%
International Primary School, 1 Child (Yearly)
$8,133 PEN 27.3K
$5,971 COP 21.9M
36.21%
👕👟 Clothing & Footwear
Lima
Medellin
Difference
Jeans (Levis 501 Or Similar)
$51.0 PEN 171
$59.0 COP 216.4K
-13.57%
Summer Dress (H&M, Zara, etc)
$36.19 PEN 122
$32.49 COP 119.3K
11.39%
Sport Shoes (Adidas, Nike)
$90.1 PEN 303
$99.9 COP 366.7K
-9.76%
Men's Leather Business Shoes
$89.9 PEN 302
$108 COP 394.9K
-16.43%
🏠 Accommodation & Living
Lima
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$610 PEN 2,050
$491 COP 1.8M
24.13%
1-bedroom Apartment, Outside City Center (Monthly)
$348 PEN 1,170
$371 COP 1.4M
-6.15%
3-bedroom Apartment, City Center (Monthly)
$1,041 PEN 3,498
$821 COP 3.0M
26.75%
3-bedroom Apartment, Outside City Center (Monthly)
$633 PEN 2,127
$731 COP 2.7M
-13.41%
Buy Apartment in City Center (m2)
$2,277 PEN 7,652
$3,019 COP 11.1M
-24.57%
Buy Apartment Outside City Center (m2)
$1,501 PEN 5,044
$1,332 COP 4.9M
12.69%
💵 Salaries & Financials
Lima
Medellin
Difference
Average Monthly Net Salary (After Tax)
$634 PEN 2,131
$517 COP 1.9M
22.70%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.11
13.43
-24.72%

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

Last update for Lima: January 13, 2026

Last update for Medellin: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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