Which is cheaper, what exactly is cheaper, and how it feels on your money · Updated September 2026
| Item | Bogotá | Lima | Cheaper |
|---|---|---|---|
| Local mealper person | COL$ 16,000$3.9 | S/ 18$4.86 | Bogotá −20% |
| Street food1 item | COL$ 7,200$1.76 | S/ 8.1$2.19 | Bogotá −20% |
| Restaurant dinnerper person | COL$ 62,000$15.1 | S/ 59$15.9 | Bogotá −5% |
| Coffeeone cup | COL$ 8,200$2 | S/ 9$2.43 | Bogotá −18% |
| Beerone bottle | COL$ 8,200$2 | S/ 9$2.43 | Bogotá −18% |
| Cocktail & wineone cup | COL$ 21,000$5.12 | S/ 23$6.22 | Bogotá −18% |
| Bottled water | COL$ 2,000$0.49 | S/ 2$0.54 | Bogotá −10% |
| Convenience store1 snack or drink | COL$ 5,000$1.22 | S/ 5$1.35 | Bogotá −10% |
| Taxi5 km in town | COL$ 20,000$4.88 | S/ 18$4.86 | similar |
| Tuk-tuk / moto taxishort hop | COL$ 12,000$2.93 | S/ 11$2.97 | similar |
| Transitone ride | COL$ 3,300$0.8 | S/ 2$0.54 | Lima −33% |
| Scooter rentalper day | COL$ 82,000$20 | S/ 74$20 | similar |
| Hotel night3-star | COL$ 250,000$61 | S/ 260$70.3 | Bogotá −13% |
| Studio rent (month) | COL$ 1,800,000$439 | S/ 1,800$486 | Bogotá −10% |
| Laundry | COL$ 8,200$2 | S/ 7.5$2.03 | similar |
| SIM card1 week data | COL$ 33,000$8.05 | S/ 30$8.11 | similar |
| Haircutcut | COL$ 35,000$8.54 | S/ 32$8.65 | similar |
| Massage1 hour | COL$ 100,000$24.4 | S/ 92$24.9 | similar |
| Half-day tourper person | COL$ 140,000$34.1 | S/ 150$40.5 | Bogotá −16% |
| Entry ticketTourist town | COL$ 33,000$8.05 | S/ 37$10 | Bogotá −20% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
Bogotá is 12% cheaper than Lima. Daily budget $107 vs $121; a month $1,647 vs $1,841.
With a short-term studio and living costs, Bogotá is about $1,647 and Lima about $1,841 per month.
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.