Cost of Living Comparison Between Lisbon and Lima Cost of Living Comparison Between Lisbon and Lima

Monthly Cost of Living

Monthly costs for one person with rent: $2,291 in Lisbon versus $999 in Lima.

Estimated couple costs with rent: $3,322 in Lisbon versus $1,561 in Lima.

Monthly costs for a family of three with rent: $4,354 in Lisbon versus $2,124 in Lima.

Living in Lisbon is roughly 129% more expensive than in Lima, driven mainly by Eating Out.

The two cities straddle the global median: Lisbon is 71% above, Lima is 25% below.

Meal at Budget Restaurant

$16.19 €14.17

$4.06 PEN 13.77

298.77%

Three-Course Dinner for Two, Mid-Range

$63.3 €55.4

$33.99 PEN 115

86.32%

Fast Food Meal (McDonalds, etc)

$10.32 €9.03

$6.74 PEN 22.86

53.12%

Cappuccino

$2.83 €2.48

$2.52 PEN 8.56

12.30%

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

$2.29 €2.00

$0.94 PEN 3.18

143.62%

Water (0.33 liter bottle)

$1.58 €1.38

$0.65 PEN 2.21

143.08%

Local Beer (0.5 liter draught)

$3.40 €2.98

$2.17 PEN 7.35

56.68%

Imported Beer (0.33 liter bottle)

$4.03 €3.52

$3.95 PEN 13.39

2.03%

Milk (1 liter)

$1.09 €0.95

$1.41 PEN 4.78

-22.70%

White Bread (500g)

$1.75 €1.53

$2.72 PEN 9.22

-35.66%

Rice (white) (1kg)

$1.76 €1.54

$1.37 PEN 4.64

28.47%

Eggs

$3.17 €2.77

$2.94 PEN 9.98

7.82%

Local Cheese (1kg)

$13.19 €11.54

$7.92 PEN 26.87

66.54%

Chicken Fillets (1kg)

$7.97 €6.97

$5.76 PEN 19.54

38.37%

Beef Round Steak (1kg)

$15.53 €13.59

$10.71 PEN 36.32

45.00%

Apples (1kg)

$2.37 €2.07

$1.98 PEN 6.72

19.70%

Banana (1kg)

$1.71 €1.49

$1.08 PEN 3.66

58.33%

Oranges (1kg)

$2.01 €1.76

$1.10 PEN 3.72

82.73%

Tomato (1kg)

$2.43 €2.13

$1.19 PEN 4.05

104.20%

Potato (1kg)

$1.76 €1.54

$1.04 PEN 3.51

69.23%

Onion (1kg)

$2.03 €1.78

$1.00 PEN 3.38

103.00%

Lettuce (1 head)

$1.92 €1.68

$0.87 PEN 2.94

120.69%

Water (1.5 liter bottle)

$0.85 €0.74

$0.86 PEN 2.93

-1.16%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.76

$5.59 PEN 18.96

17.71%

Wine (Bottle)

$5.58 €4.88

$8.99 PEN 30.51

-37.93%

Local Beer (0.5 liter bottle)

$1.33 €1.17

$1.77 PEN 5.99

-24.86%

Imported Beer (0.33 liter bottle)

$2.97 €2.60

$3.07 PEN 10.42

-3.26%

One-way Ticket (Public Transport)

$2.28 €1.99

$0.68 PEN 2.29

235.29%

Public Transport Monthly Pass (Regular Price)

$45.79 €40.06

$31.68 PEN 107

44.54%

Taxi Start (Normal Tariff)

$4.23 €3.70

$3.37 PEN 11.43

25.52%

Taxi (Normal Tariff) (1km)

$0.81 €0.71

$2.22 PEN 7.54

-63.51%

Taxi 1hour Waiting (Normal Tariff)

$18.44 €16.13

$8.26 PEN 28.00

123.24%

Gasoline (1 liter)

$2.08 €1.82

$1.35 PEN 4.58

54.07%

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

$34.7K €30.3K

$19.4K PEN 65.8K

78.68%

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

$39.2K €34.3K

$24.3K PEN 82.3K

61.42%

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

$148 €130

$56.4 PEN 191

162.31%

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

$20.46 €17.90

$12.57 PEN 42.63

62.77%

Internet (50+ Mbps, Unlimited Data)

$39.56 €34.61

$23.66 PEN 80.3

67.20%

Gym Membership (Monthly)

$47.99 €41.99

$31.04 PEN 105

54.61%

Tennis Court (1 Hour on Weekend)

$18.60 €16.27

$18.69 PEN 63.4

-0.48%

Cinema Ticket

$9.22 €8.07

$6.83 PEN 23.17

34.99%

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

$616 €539

$219 PEN 743

181.36%

International Primary School, 1 Child (Yearly)

$16.4K €14.4K

$8,096 PEN 27.5K

103.08%

Jeans (Levis 501 Or Similar)

$103 €89.9

$49.58 PEN 168

107.14%

Summer Dress (H&M, Zara, etc)

$41.74 €36.52

$35.59 PEN 121

17.28%

Sport Shoes (Adidas, Nike)

$94.8 €82.9

$89.3 PEN 303

6.18%

Men's Leather Business Shoes

$122 €107

$88.9 PEN 302

37.26%

1-bedroom Apartment, City Center (Monthly)

$1,633 €1,428

$623 PEN 2,115

161.84%

1-bedroom Apartment, Outside City Center (Monthly)

$1,232 €1,078

$344 PEN 1,167

258.08%

3-bedroom Apartment, City Center (Monthly)

$3,098 €2,711

$1,027 PEN 3,484

201.65%

3-bedroom Apartment, Outside City Center (Monthly)

$2,031 €1,777

$618 PEN 2,098

228.51%

Buy Apartment in City Center (m2)

$7,831 €6,851

$2,315 PEN 7,852

238.34%

Buy Apartment Outside City Center (m2)

$4,389 €3,840

$1,395 PEN 4,734

214.55%

Average Monthly Net Salary (After Tax)

$1,607 €1,406

$625 PEN 2,120

157.16%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

10.11

-62.31%

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

Last update for Lisbon: July 14, 2026

Last update for Lima: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,633 in Lisbon and $623 in Lima. Housing cost is often the main lever when comparing two cities.

Lisbon pays 157% 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: $63.0 in Lisbon vs $34.00 in Lima for a mid-range dinner for two. Groceries echo the gap at $267 vs $222 per month, with Lima cheaper across the board.

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 129% in total monthly costs ($2,291 vs $999 including rent). Lima is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 157% 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: $1,633 in Lisbon versus $623 in Lima. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $616 in Lisbon versus $219 in Lima. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 21% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

At $999 in Lima versus $2,291 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 129% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.