Moving from Lima to Madrid: Full Relocation Guide [2026]
Compare cost of living, housing and taxes when moving from Lima to Madrid.
Cost of Living Comparison
| Metric | Lima | Madrid | Difference |
|---|---|---|---|
| Cost of Living Index | 110 | 105 | 4.5% |
| Housing Index | 140 | 130 | 7.1% |
| 1BR Rent | S/1,800 | €1,200 | 33% |
| Median Home Price | S/450,000 | €450,000 | 0% |
| Median Income | S/60,000 | €36,000 | 40.0% |
| Unemployment | 7.5% | 9.5% | 2.0% |
Salary Equivalence Calculator
Taxes
| Tax Type | Lima | Madrid |
|---|---|---|
| State Income Tax | 30% | 24.5% |
| Sales Tax | 18% | 21% |
Climate
| Metric | Lima | Madrid |
|---|---|---|
| Summer High | 78°F | 92°F |
| Winter Low | 60°F | 36°F |
| Sunny Days | 180 | 280 |
Frequently Asked Questions
What is the cost of living in Lima, LI?
The cost of living index in Lima is 110, which is Mayor the Peru national average of 100.
Data Sources
- Cost of Living: INEI / Numbeo, 2026
- Housing Data: Adondevivir / Numbeo, 2026
- Income & Employment: INEI Labour Force Survey, 2024
- Utilities OSINERGMIN, Sedapal, Telefónica 2025
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.
Important Disclaimer: All cost of living figures, housing prices, tax estimates, and savings calculations on this page are for informational purposes only and do not constitute financial, legal, tax, or real estate advice. Actual costs and savings will vary based on your specific circumstances, lifestyle, income, and local market conditions. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.