Lima vs Madrid
Cost of living comparison for 2026. Lima is roughly 47% more affordable than Madrid (index 20 vs 38, New York = 100). Data sourced live via AI — updated regularly.
Life Power at $3,000/mo
The same salary ranks differently depending on where you live — from Beggar to King.
Head-to-Head Stats
Price Breakdown
Digital Nomad Profile
Lima
Madrid
Frequently Asked Questions
Is Lima cheaper than Madrid?
Lima is cheaper than Madrid. Lima has a cost of living index of 20/100 compared to 38/100 for Madrid (New York = 100), making it roughly 47% more affordable overall.
How much cheaper is Lima than Madrid?
Lima is approximately 47% cheaper than Madrid based on cost index scores (20 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $1,588/month in Lima.
What is the rent comparison between Lima and Madrid?
In Lima, a 1-bedroom apartment in the city center costs approximately $702/month. In Madrid, the equivalent is around $1,200/month.
Which city is better for digital nomads — Lima or Madrid?
Both cities have nomad infrastructure. Lima offers 120 Mbps internet and coworking at ~$200/month. Madrid offers 271 Mbps and coworking at ~$200/month. Lima has a cost advantage of 47%.
What is the average income in Lima vs Madrid?
The median net monthly salary in Lima is approximately $621 USD, compared to $2,200 USD in Madrid.
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