Last update: Oct 2026

Cost of Living Comparison Between Lima and Tepic

For one person, living is cheaper in Lima: $1,012 a month against $1,100 in Tepic, rent and utilities included – about $1,100 less a year. The total is higher in Tepic despite lower rent and utilities.

Lima
🇵🇪 Peru
$1,012
/mo nomad
Tepic
🇲🇽 Mexico
$1,100
/mo nomad
Monthly Cost of Living

How much you'll spend in Lima and in Tepic

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

Monthly costs for one person with rent: $1,012 in Lima versus $1,100 in Tepic.

  • Lima $1,012
  • Tepic $1,100

Estimated couple costs with rent: $1,589 in Lima versus $1,808 in Tepic.

  • Lima $1,589
  • Tepic $1,808

Monthly costs for a family of three with rent: $2,167 in Lima versus $2,516 in Tepic.

  • Lima $2,167
  • Tepic $2,516

Living in Lima costs roughly 8% less than in Tepic, and outside of rent the biggest gap is in eating out.

Both cities sit below the global median: Lima 25% lower, Tepic 18% lower.

Currency
🍽 Eating Out
Lima
Tepic
Difference
Meal at Budget Restaurant
$4.40 PEN 15.10
$13.45 MX$249
-67.29%
Three-Course Dinner for Two, Mid-Range
$35.17 PEN 121
$44.40 MX$820
-20.79%
Fast Food Meal (McDonalds, etc)
$6.89 PEN 23.65
$9.21 MX$170
-25.19%
Cappuccino
$3.26 PEN 11.20
$3.24 MX$59.9
0.62%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.12 PEN 3.84
$1.73 MX$31.90
-35.26%
Water (0.33 liter bottle)
$0.62 PEN 2.11
$1.23 MX$22.64
-49.59%
Local Beer (0.5 liter draught)
$2.65 PEN 9.09
$2.81 MX$51.9
-5.69%
Imported Beer (0.33 liter bottle)
$4.41 PEN 15.15
$5.02 MX$92.8
-12.15%
🛒 Groceries & Markets
Lima
Tepic
Difference
Milk (1 liter)
$1.63 PEN 5.61
$1.51 MX$27.89
7.95%
White Bread (500g)
$2.56 PEN 8.78
$2.45 MX$45.20
4.49%
Rice (white) (1kg)
$1.35 PEN 4.65
$1.69 MX$31.24
-20.12%
Eggs
$2.90 PEN 9.96
$2.11 MX$38.94
37.44%
Local Cheese (1kg)
$8.85 PEN 30.38
$4.90 MX$90.5
80.61%
Chicken Fillets (1kg)
$5.98 PEN 20.52
$9.48 MX$175
-36.92%
Beef Round Steak (1kg)
$9.78 PEN 33.59
$11.69 MX$216
-16.34%
Apples (1kg)
$2.05 PEN 7.02
$2.81 MX$52.0
-27.05%
Banana (1kg)
$1.06 PEN 3.66
$1.58 MX$29.26
-32.91%
Oranges (1kg)
$1.35 PEN 4.64
$1.98 MX$36.53
-31.82%
Tomato (1kg)
$1.50 PEN 5.15
$1.82 MX$33.72
-17.58%
Potato (1kg)
$0.88 PEN 3.03
$2.02 MX$37.37
-56.44%
Onion (1kg)
$0.92 PEN 3.15
$1.83 MX$33.77
-49.73%
Lettuce (1 head)
$0.89 PEN 3.07
$1.46 MX$26.98
-39.04%
Water (1.5 liter bottle)
$0.90 PEN 3.10
$1.07 MX$19.83
-15.89%
Cigarettes 20 Pack (Marlboro, Camel)
$5.90 PEN 20.27
$4.26 MX$78.8
38.50%
Wine (Bottle)
$8.52 PEN 29.26
$10.56 MX$195
-19.32%
Local Beer (0.5 liter bottle)
$1.88 PEN 6.45
$0.78 MX$14.44
141.03%
Imported Beer (0.33 liter bottle)
$3.22 PEN 11.05
$3.36 MX$62.1
-4.17%
🚌 Getting Around
Lima
Tepic
Difference
One-way Ticket (Public Transport)
$0.68 PEN 2.33
$0.83 MX$15.42
-18.07%
Public Transport Monthly Pass (Regular Price)
$26.86 PEN 92.2
-
-
Taxi Start (Normal Tariff)
$3.81 PEN 13.09
$2.24 MX$41.34
70.09%
Taxi (Normal Tariff) (1km)
$2.02 PEN 6.93
$1.33 MX$24.65
51.88%
Taxi 1hour Waiting (Normal Tariff)
$7.11 PEN 24.41
$12.03 MX$222
-40.90%
Gasoline (1 liter)
$1.72 PEN 5.91
$1.43 MX$26.37
20.28%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.3K PEN 76.6K
$21.2K MX$392.2K
5.12%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.5K PEN 87.6K
$23.9K MX$441.4K
6.78%
🧾 Monthly Utilities & Internet
Lima
Tepic
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$73.1 PEN 251
$44.05 MX$814
65.88%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.35 PEN 56.2
$12.13 MX$224
34.79%
Internet (50+ Mbps, Unlimited Data)
$27.47 PEN 94.3
$30.94 MX$572
-11.22%
🎉 Sport & Entertainment
Lima
Tepic
Difference
Gym Membership (Monthly)
$31.90 PEN 110
$34.03 MX$629
-6.26%
Tennis Court (1 Hour on Weekend)
$19.41 PEN 66.7
$20.32 MX$376
-4.48%
Cinema Ticket
$7.05 PEN 24.23
$6.62 MX$122
6.50%
🧸 Childcare & Education
Lima
Tepic
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$182 PEN 627
$253 MX$4,676
-27.88%
International Primary School, 1 Child (Yearly)
$13.0K PEN 44.8K
$10.7K MX$198.2K
21.55%
👕👟 Clothing & Footwear
Lima
Tepic
Difference
Jeans (Levis 501 Or Similar)
$53.8 PEN 185
$59.8 MX$1,105
-10.05%
Summer Dress (H&M, Zara, etc)
$34.32 PEN 118
$39.45 MX$729
-13.00%
Sport Shoes (Adidas, Nike)
$82.8 PEN 284
$108 MX$1,998
-23.40%
Men's Leather Business Shoes
$78.2 PEN 269
$83.4 MX$1,542
-6.21%
🏠 Accommodation & Living
Lima
Tepic
Difference
1-bedroom Apartment, City Center (Monthly)
$721 PEN 2,476
$518 MX$9,568
39.28%
1-bedroom Apartment, Outside City Center (Monthly)
$343 PEN 1,179
$360 MX$6,658
-4.68%
3-bedroom Apartment, City Center (Monthly)
$1,219 PEN 4,186
$1,027 MX$19.0K
18.71%
3-bedroom Apartment, Outside City Center (Monthly)
$651 PEN 2,235
$752 MX$13.9K
-13.51%
Buy Apartment in City Center (m2)
$2,414 PEN 8,292
$1,837 MX$33.9K
31.45%
Buy Apartment Outside City Center (m2)
$1,357 PEN 4,660
$1,128 MX$20.8K
20.34%
💵 Salaries & Financials
Lima
Tepic
Difference
Average Monthly Net Salary (After Tax)
$648 PEN 2,226
$657 MX$12.1K
-1.35%
20-Year Fixed Mortgage Interest Rate (Annual %)
8.94
11.68
-23.46%

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

Last update for Lima: October 11, 2026

Last update for Tepic: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Lima
$343
Tepic
$360 4.9% $17
Groceries & Markets
Lima
$226
Tepic
$253 11.8% $27
Eating Out
Lima
$124
Tepic
$210 69.4% $86
Monthly Utilities & Internet
Lima
$117
Tepic
$87 25.5% $30
Clothing & Footwear
Lima
$112
Tepic
$131 16.7% $19
Sport & Entertainment
Lima
$46
Tepic
$47 2.7% $1.3
Getting Around
Lima
$43
Tepic
$12 * 71.8% $31

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

Cost Breakdown

A one-bedroom apartment in the center runs $721 in Lima and $518 in Tepic. Housing cost is often the main lever when comparing two cities.

Tepic pays 1% 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 $44.00 in Tepic for a mid-range dinner for two. Groceries echo the gap at $226 vs $253 per month, with Lima cheaper across the board.

Good to know
🇵🇪 Lima
🇲🇽 Tepic
🕒 Local time
23:56 11:56 PM
21:56 9:56 PM
2 h behind Lima
🌤 Weather
👥 Population
9,989,369 Capital
371,387
💱 Currency
Exchange rates and currency converter

MXN, USD, EUR to PEN – Peruvian Sol Converter

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).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

On the map
Between locations
  • Lima Tepic 4,810 km ≈ 7 h nonstop flight
From you
  • Lima
  • Tepic

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 Tepic: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Lima and in Tepic?
Lima and Tepic differ by about 9% in total monthly costs ($1,012 vs $1,100 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 1% lower in Tepic. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Lima and in Tepic?
Rent for a central apartment: $721 in Lima versus $518 in Tepic. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 12% higher in Tepic. For households that cook at home regularly, that difference adds up over a month.
Which city is more expensive overall: Lima or Tepic?
All in, you'll spend $1,012 per month in Lima versus $1,100 in Tepic – a 9% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city is more doable on $2,000 per month?
At $1,012 in Lima versus $1,100 in Tepic, a $2,000 budget is realistic in Lima but tight or insufficient in Tepic. The gap between the two cities makes Lima the clear choice for anyone on this budget.
How does quality of life compare between Lima and Tepic?
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.
Is Lima or Tepic safer for residents?
Safety-wise, Lima and Tepic are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Lima or Tepic?
Expats usually find Lima gentler on the wallet – expenses run 9% less than in Tepic. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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