Cost Comparison 2025

PraguevsLima

Czech Republic
Peru

Overall

💰

-23.6%

Prague is 23.6%cheaper

Rent

🏠

-37.8%

Housing is 37.8% lower

Dining

🍽️

-22.2%

Restaurants 22.2% cheaper

Groceries

🛒

-10.0%

Food shopping 10.0% less

Comparing the cost of living between Prague, Czech Republic and Lima, Peru reveals significant insights for anyone considering relocation or travel in 2025. Our comprehensive analysis shows that Prague is more affordable than Lima by approximately 23.6%. 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 Prague are higher than in Lima by 61%. A one-bedroom apartment in Prague's city center costs around CZK 20,000, while the same in Lima is approximately PEN 2,000.

Dining out in Prague is notably more expensive compared to Lima. An inexpensive restaurant meal costs CZK 150 in Prague versus PEN 15 in Lima.

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

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

Grocery shopping in Prague is more expensive by approximately 11%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in Prague can expect to spend approximately CZK 9,098 per month (excluding rent), while in Lima, the same lifestyle would cost around PEN 867. For families, these figures increase significantly, with a family of four requiring about CZK 31,843 monthly in Prague versus PEN 3,035 in Lima. 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
Prague, Czech Republic
Lima, Peru

🏠 Housing Costs (Monthly Rent)

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

🍽️ Food & Dining

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

🛒 Groceries

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

🚌 Transportation

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

💡 Utilities & Internet

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

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

Prague

Cost of Living Index55
Rent Index45
Purchasing Power Index70

Lima

Cost of Living Index42
Rent Index28
Purchasing Power Index38

Frequently Asked Questions

Is Prague more expensive than Lima?

No, Prague is approximately 23.6% cheaper than Lima. You'll find significant savings in housing, food, and transportation costs.

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

To maintain the same standard of living, you would need approximately 81% of your Lima salary when living in Prague. For example, if you earn $50,000 in Lima, you'd need about $40,441 in Prague for a comparable lifestyle.

What are the biggest cost differences between Prague and Lima?

The most significant cost difference is in housing. Rent prices differ by approximately 61%, 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 Prague if you prioritize earning potential, or Lima for affordability.

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

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

The cost of living comparison between Prague and Lima 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 Lima to maintain your lifestyle from Prague

Calculate Salary Equivalence

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