Is Lima more expensive than Ulaanbaatar?

Lima is 0.8% more expensive than Ulaanbaatar overall. Rent is 18.0% lower, groceries 3.7% cheaper, and restaurants 10.2% more expensive.

Which city has better purchasing power, Ulaanbaatar or Lima?

Ulaanbaatar has a purchasing power index of 41.0 while Lima has 46.4 (NYC = 100). Lima offers better purchasing power.

Cost of Living Comparison · 2026

🇲🇳 Ulaanbaatar vs 🇵🇪 Lima

2026

Lima is 0.8% more expensive

Category	🇲🇳 Ulaanbaatar	🇵🇪 Lima	Difference
Cost of Living	36.2	36.5	+0.8%
Rent	17.2	14.1	-18.0%
Groceries	43.0	41.4	-3.7%
Restaurants	27.4	30.2	+10.2%
Purchasing Power	41.0	46.4	+13.2%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇲🇳 Cost of Living in Ulaanbaatar

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🇵🇪 Cost of Living in Lima

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🇲🇳 Should I Move to Ulaanbaatar?

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🇵🇪 Should I Move to Lima?