Cost of living comparison
Lima is 45.8% cheaper than Reykjavik.
- Restaurants
-
pay 72.6% less in Lima
- Groceries
-
pay 51.5% less in Lima
- Transportation
-
pay 41.6% less in Lima
- Housing
-
pay 57.8% less in Lima
- Childcare
-
pay 7.5% more in Lima
- Entertainment and Sports
-
pay 58.1% less in Lima
- Clothing
-
pay 46.4% less in Lima
Expenses including restaurants, entertainment and sports, housing, groceries, clothing, and transportation are lower in Lima.
If you lived in Lima instead of Reykjavik, you would:
pay 72.6% less for restaurants
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
€17.32
ISK2,493
|
€4.52
PEN18.86
|
|
|
Fast food combo meal
McDonalds, or similar
|
€15.60
ISK2,246
|
€5.28
PEN22.00
|
|
| Bottle of Coca-Cola (0.33 liter) |
€2.73
ISK393
|
€0.72
PEN2.99
|
|
| Bottle of water (0.33 liter) |
€1.89
ISK272
|
€0.44
PEN1.84
|
|
pay 51.5% less for groceries
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Bread
1 loaf
|
€3.13
ISK450
|
€2.10
PEN8.75
|
|
| Local cheese (500 grams) |
€6.72
ISK967
|
€3.65
PEN15.24
|
|
| Milk (1 liter) |
€1.46
ISK211
|
€1.13
PEN4.72
|
|
|
Eggs
1 dozen
|
€4.98
ISK718
|
€2.34
PEN9.76
|
|
| Boneless chicken breast (1 kg) |
€18.03
ISK2,596
|
€4.29
PEN17.88
|
|
| Apples (1 kg) |
€2.68
ISK385
|
€1.67
PEN6.96
|
|
| Bananas (1 kg) |
€1.93
ISK277
|
€0.96
PEN4.01
|
|
| Oranges (1 kg) |
€2.32
ISK335
|
€0.92
PEN3.83
|
|
| Tomatoes (1 kg) |
€4.25
ISK611
|
€1.00
PEN4.16
|
|
| Potatoes (1 kg) |
€2.74
ISK394
|
€1.02
PEN4.25
|
|
| Onions (1 kg) |
€1.78
ISK257
|
€0.91
PEN3.79
|
|
pay 41.6% less for transportation
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Gasoline (1 liter) |
€1.94
ISK280
|
€1.23
PEN5.14
|
|
| Monthly public transit pass |
€64.90
ISK9,343
|
€20.65
PEN86.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
€36,755.21
ISK5,291,449
|
€20,055.85
PEN83,608.71
|
|
| Taxi trip in downtown area (8 km) |
€20.82
ISK2,998
|
€17.44
PEN72.70
|
|
pay 57.8% less for housing
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
€60.49
ISK8,709
|
€23.00
PEN95.88
|
|
| 1-Bedroom apartment in downtown area |
€1,706.71
ISK245,706
|
€498.36
PEN2,077.55
|
|
| 1-Bedroom apartment outside city center |
€1,561.49
ISK224,799
|
€314.91
PEN1,312.80
|
|
|
Utilities for two
(65 m2 apartment)
including electric, gas, water, heating
|
€46.71
ISK6,725
|
€38.10
PEN158.84
|
|
pay 7.5% more for childcare
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
€218.31
ISK31,429
|
€185.01
PEN771.28
|
|
| Middle school for 1 child, two semesters |
€5,189.83
ISK747,151
|
€6,769.42
PEN28,220.33
|
|
pay 58.1% less for entertainment and sports
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
| Domestic/local beer |
€9.36
ISK1,348
|
€1.84
PEN7.65
|
|
| Cappuccino in mid-range area |
€4.59
ISK661
|
€2.27
PEN9.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
€10.60
ISK1,526
|
€4.59
PEN19.13
|
|
| Monthly membership at local gym |
€60.56
ISK8,719
|
€26.42
PEN110.14
|
|
| Movie ticket to theater/cinema |
€12.79
ISK1,842
|
€6.88
PEN28.70
|
|
pay 46.4% less for clothing
|
Reykjavik
|
Lima
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
€94.35
ISK13,583
|
€37.05
PEN154.46
|
|
|
Regular dress
from H&M or similar store
|
€43.05
ISK6,198
|
€30.29
PEN126.27
|
|
|
Running shoes
Nike or Adidas
|
€131.48
ISK18,929
|
€73.78
PEN307.55
|
|
| Men's business shoes (leather) |
€168.11
ISK24,202
|
€81.69
PEN340.56
|
|
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