Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Lima

For one person, living is cheaper in Lima: $1,012 a month against $2,223 in Lisbon, rent and utilities included – about $14,500 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
49

Cost of Living Index in Lima
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Lima Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Lima

🇵🇪 Peru

$1,012

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Lima

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Lima actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,223 in Lisbon versus $1,012 in Lima.

Lisbon $2,223
Lima $1,012

Estimated couple costs with rent: $3,271 in Lisbon versus $1,589 in Lima.

Lisbon $3,271
Lima $1,589

Monthly costs for a family of three with rent: $4,319 in Lisbon versus $2,167 in Lima.

Lisbon $4,319
Lima $2,167

Living in Lisbon is roughly 120% more expensive than in Lima, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 65% above, Lima is 25% below.

Meal at Budget Restaurant

$16.50 €14.67

$4.40 PEN 15.10

275.00%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.5

$35.17 PEN 121

74.15%

Fast Food Meal (McDonalds, etc)

$11.27 €10.03

$6.89 PEN 23.65

63.57%

Cappuccino

$3.06 €2.72

$3.26 PEN 11.20

-6.13%

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

$2.26 €2.01

$1.12 PEN 3.84

101.79%

Water (0.33 liter bottle)

$1.73 €1.54

$0.62 PEN 2.11

179.03%

Local Beer (0.5 liter draught)

$3.39 €3.02

$2.65 PEN 9.09

27.92%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$4.41 PEN 15.15

-22.90%

Milk (1 liter)

$1.12 €1.00

$1.63 PEN 5.61

-31.29%

White Bread (500g)

$1.86 €1.65

$2.56 PEN 8.78

-27.34%

Rice (white) (1kg)

$1.53 €1.36

$1.35 PEN 4.65

13.33%

Eggs

$3.96 €3.53

$2.90 PEN 9.96

36.55%

Local Cheese (1kg)

$12.76 €11.35

$8.85 PEN 30.38

44.18%

Chicken Fillets (1kg)

$7.90 €7.02

$5.98 PEN 20.52

32.11%

Beef Round Steak (1kg)

$16.97 €15.09

$9.78 PEN 33.59

73.52%

Apples (1kg)

$2.27 €2.02

$2.05 PEN 7.02

10.73%

Banana (1kg)

$1.75 €1.55

$1.06 PEN 3.66

65.09%

Oranges (1kg)

$1.85 €1.64

$1.35 PEN 4.64

37.04%

Tomato (1kg)

$2.57 €2.28

$1.50 PEN 5.15

71.33%

Potato (1kg)

$1.86 €1.65

$0.88 PEN 3.03

111.36%

Onion (1kg)

$2.02 €1.80

$0.92 PEN 3.15

119.57%

Lettuce (1 head)

$1.44 €1.28

$0.89 PEN 3.07

61.80%

Water (1.5 liter bottle)

$0.82 €0.73

$0.90 PEN 3.10

-8.89%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.83

$5.90 PEN 20.27

11.19%

Wine (Bottle)

$5.62 €5.00

$8.52 PEN 29.26

-34.04%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$1.88 PEN 6.45

-31.91%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$3.22 PEN 11.05

-35.71%

One-way Ticket (Public Transport)

$2.35 €2.09

$0.68 PEN 2.33

245.59%

Public Transport Monthly Pass (Regular Price)

$44.18 €39.30

$26.86 PEN 92.2

64.48%

Taxi Start (Normal Tariff)

$3.99 €3.55

$3.81 PEN 13.09

4.72%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$2.02 PEN 6.93

-46.04%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.81

$7.11 PEN 24.41

134.04%

Gasoline (1 liter)

$2.28 €2.03

$1.72 PEN 5.91

32.56%

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

$33.7K €30.0K

$22.3K PEN 76.6K

50.94%

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

$39.3K €35.0K

$25.5K PEN 87.6K

54.06%

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

$167 €149

$73.1 PEN 251

129.22%

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

$18.80 €16.72

$16.35 PEN 56.2

14.98%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.43

$27.47 PEN 94.3

20.46%

Gym Membership (Monthly)

$46.01 €40.93

$31.90 PEN 110

44.23%

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

$19.41 PEN 66.7

-1.13%

Cinema Ticket

$9.84 €8.75

$7.05 PEN 24.23

39.57%

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

$677 €602

$182 PEN 627

271.14%

International Primary School, 1 Child (Yearly)

$16.9K €15.1K

$13.0K PEN 44.8K

29.75%

Jeans (Levis 501 Or Similar)

$101 €90.1

$53.8 PEN 185

88.21%

Summer Dress (H&M, Zara, etc)

$45.76 €40.70

$34.32 PEN 118

33.33%

Sport Shoes (Adidas, Nike)

$100.0 €88.9

$82.8 PEN 284

20.73%

Men's Leather Business Shoes

$123 €109

$78.2 PEN 269

56.93%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,436

$721 PEN 2,476

123.80%

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,065

$343 PEN 1,179

248.56%

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,545

$1,219 PEN 4,186

134.77%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,770

$651 PEN 2,235

205.83%

Buy Apartment in City Center (m2)

$7,577 €6,740

$2,414 PEN 8,292

213.81%

Buy Apartment Outside City Center (m2)

$4,307 €3,831

$1,357 PEN 4,660

217.38%

Average Monthly Net Salary (After Tax)

$1,588 €1,412

$648 PEN 2,226

145.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

8.94

-56.94%

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

Last update for Lisbon: October 11, 2026

Last update for Lima: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Lima

$343 33.9% 71.3% $854

Groceries & Markets

Lisbon

$269 12.1%

Lima

$226 22.3% 16.1% $43

Eating Out

Lisbon

$242 10.9%

Lima

$124 12.3% 48.8% $118

Monthly Utilities & Internet

Lisbon

$219 9.9%

Lima

$117 11.6% 46.7% $102

Clothing & Footwear

Lisbon

$166 7.5%

Lima

$112 11.1% 32.6% $54

Sport & Entertainment

Lisbon

$66 3%

Lima

$46 4.6% 30% $20

Getting Around

Lisbon

$63 2.8%

Lima

$43 4.3% 31% $20

Cost Breakdown

A one-bedroom apartment in the center runs $1,614 in Lisbon and $721 in Lima. Housing cost is often the main lever when comparing two cities.

Lisbon pays 145% 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: $61.0 in Lisbon vs $35.00 in Lima for a mid-range dinner for two. Groceries echo the gap at $269 vs $226 per month, with Lima cheaper across the board.

Good to know

🇵🇹 Lisbon

🇵🇪 Lima

🕒 Local time

04:24 4:24 AM

22:24 10:24 PM

6 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

9,989,369 Capital

💱 Currency

Euro EUR €

Peruvian Sol PEN S/

📈 Exchange rate

1 EUR = 1.12 USD

1 PEN = 0.291 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

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Between locations

Lisbon Lima 9,010 km ≈ 12 h nonstop flight

From you

Lisbon
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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

Lisbon vs Lima: Cost of Living - Frequently Asked Questions

Lisbon and Lima differ by about 120% in total monthly costs ($2,223 vs $1,012 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 145% higher in Lisbon, 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: $1,614 in Lisbon versus $721 in Lima. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $677 in Lisbon versus $182 in Lima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 19% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

At $1,012 in Lima versus $2,223 in Lisbon, a $2,000 budget is realistic in Lima but tight or insufficient in Lisbon. The gap between the two cities makes Lima 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, Lisbon and Lima 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 Lima gentler on the wallet – expenses run 120% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.