Cost Comparison 2025

LimavsPrague

Peru
Czech Republic

Overall

💰

+31.0%

Lima is 31.0%more expensive

Rent

🏠

+60.7%

Housing is 60.7% higher

Dining

🍽️

+28.6%

Restaurants 28.6% pricier

Groceries

🛒

+11.1%

Food shopping 11.1% more

Comparing the cost of living between Lima, Peru and Prague, Czech Republic reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Lima is more expensive than Prague by approximately 31.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in Lima are lower than in Prague by 38%. A one-bedroom apartment in Lima's city center costs around PEN 2,000, while the same in Prague is approximately CZK 20,000.

Dining out in Lima offers significant savings compared to Prague. An inexpensive restaurant meal costs PEN 15 in Lima versus CZK 150 in Prague.

Public transportation in Lima is more affordable, with monthly passes at PEN 100 compared to CZK 550 in Prague.

Purchasing power in Prague is notably stronger, meaning residents can afford more goods and services with their local salaries compared to Lima.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Lima can expect to spend approximately PEN 867 per month (excluding rent), while in Prague, the same lifestyle would cost around CZK 9,098. For families, these figures increase significantly, with a family of four requiring about PEN 3,035 monthly in Lima versus CZK 31,843 in Prague. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
Lima, Peru
Prague, Czech Republic

🏠 Housing Costs (Monthly Rent)

1BR City Center
PEN 2,000
CZK 20,000
1BR Outside Center
PEN 1,200
CZK 15,000
3BR City Center
PEN 3,500
CZK 35,000

🍽️ Food & Dining

Meal, Inexpensive Restaurant
PEN 15
CZK 150
Meal for 2, Mid-range Restaurant
PEN 100
CZK 900
Cappuccino
PEN 10
CZK 60
Domestic Beer (0.5L)
PEN 10
CZK 40

🛒 Groceries

Milk (1L)
PEN 5
CZK 22
Bread (500g)
PEN 5
CZK 25
Eggs (12)
PEN 7
CZK 50
Cheese (1kg)
PEN 25
CZK 180

🚌 Transportation

One-way Ticket
PEN 2
CZK 32
Monthly Pass
PEN 100
CZK 550
Taxi Start
PEN 5
CZK 40
Gasoline (1L)
PEN 5
CZK 35

💡 Utilities & Internet

Basic Utilities (85m²)
PEN 200
CZK 4,500
Internet (60 Mbps)
PEN 120
CZK 500
Mobile Minute
PEN 0
CZK 3

Tips for Moving Between Cities

For those considering a move from Lima to Prague, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from Prague to Lima requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

Lima

Cost of Living Index42
Rent Index28
Purchasing Power Index38

Prague

Cost of Living Index55
Rent Index45
Purchasing Power Index70

Frequently Asked Questions

Is Lima more expensive than Prague?

Yes, Lima is approximately 31.0% more expensive than Prague overall. The biggest differences are in housing and restaurant prices.

How much salary do I need in Lima compared to Prague?

To maintain the same standard of living, you would need approximately 1.3x of your Prague salary when living in Lima. For example, if you earn $50,000 in Prague, you'd need about $65,476 in Lima for a comparable lifestyle.

What are the biggest cost differences between Lima and Prague?

The most significant cost difference is in housing. Rent prices differ by approximately 38%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Prague offers better purchasing power, making it more attractive for those earning in strong currencies. However, Prague provides lower living costs, which benefits budget-conscious travelers. Consider Lima if you prioritize cultural experiences, or Prague for better value.

What's a reasonable monthly budget for Lima vs Prague?

In Lima, a single person needs approximately PEN 2,067 per month (including rent), while a family of four requires about PEN 5,235. In Prague, these figures are CZK 24,098 for singles and CZK 56,843 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between Lima and Prague in 2025 shows significant differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Prague to maintain your lifestyle from Lima

Calculate Salary Equivalence

Last updated: 2025-01-15 • Data sourced from multiple providers