Cost of Living Comparison Between Bogota and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 81.3% higher than in Bogota (without rent) | |
| Cost of Living Including Rent in Madrid is 116.8% higher than in Bogota | |
| Rent Prices in Madrid are 228.3% higher than in Bogota | |
| Restaurant Prices in Madrid are 143.3% higher than in Bogota | |
| Groceries Prices in Madrid are 67.4% higher than in Bogota | |
| Local Purchasing Power in Madrid is 198.1% higher than in Bogota | |
Restaurants | Bogota Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
19,000.00 Col$ (4.28 €) |
66,594.56 Col$ (15.00 €) |
+250.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120,000.00 Col$ (27.03 €) |
266,378.25 Col$ (60.00 €) |
+122.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
30,000.00 Col$ (6.76 €) |
42,287.55 Col$ (9.53 €) |
+41.0 % |
| Domestic Beer (1 pint draught) |
5,000.00 Col$ (1.13 €) |
15,538.73 Col$ (3.50 €) |
+210.8 % |
| Imported Beer (12 oz small bottle) |
10,000.00 Col$ (2.25 €) |
17,758.55 Col$ (4.00 €) |
+77.6 % |
| Cappuccino (regular) |
6,250.68 Col$ (1.41 €) |
10,826.52 Col$ (2.44 €) |
+73.2 % |
| Coke/Pepsi (12 oz small bottle) |
3,354.46 Col$ (0.76 €) |
11,443.75 Col$ (2.58 €) |
+241.2 % |
| Water (12 oz small bottle) |
2,412.97 Col$ (0.54 €) |
7,448.08 Col$ (1.68 €) |
+208.7 % |
Markets | Bogota Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
20,235.73 Col$ (4.56 €) |
17,832.88 Col$ (4.02 €) |
-11.9 % |
| Loaf of Fresh White Bread (1 lb) |
5,129.52 Col$ (1.16 €) |
6,277.05 Col$ (1.41 €) |
+22.4 % |
| Rice (white), (1 lb) |
2,382.50 Col$ (0.54 €) |
2,998.53 Col$ (0.68 €) |
+25.9 % |
| Eggs (regular) (12) |
9,316.92 Col$ (2.10 €) |
12,375.00 Col$ (2.79 €) |
+32.8 % |
| Local Cheese (1 lb) |
8,255.30 Col$ (1.86 €) |
28,987.79 Col$ (6.53 €) |
+251.1 % |
| Chicken Fillets (1 lb) |
9,606.26 Col$ (2.16 €) |
15,805.72 Col$ (3.56 €) |
+64.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
14,163.34 Col$ (3.19 €) |
28,667.05 Col$ (6.46 €) |
+102.4 % |
| Apples (1 lb) |
4,793.07 Col$ (1.08 €) |
4,696.15 Col$ (1.06 €) |
-2.0 % |
| Banana (1 lb) |
2,245.07 Col$ (0.51 €) |
3,703.29 Col$ (0.83 €) |
+65.0 % |
| Oranges (1 lb) |
2,314.19 Col$ (0.52 €) |
4,037.65 Col$ (0.91 €) |
+74.5 % |
| Tomato (1 lb) |
2,478.98 Col$ (0.56 €) |
4,582.81 Col$ (1.03 €) |
+84.9 % |
| Potato (1 lb) |
1,920.82 Col$ (0.43 €) |
3,153.74 Col$ (0.71 €) |
+64.2 % |
| Onion (1 lb) |
1,936.02 Col$ (0.44 €) |
3,141.51 Col$ (0.71 €) |
+62.3 % |
| Lettuce (1 head) |
3,240.91 Col$ (0.73 €) |
5,319.91 Col$ (1.20 €) |
+64.1 % |
| Water (1.5 liter bottle) |
2,996.30 Col$ (0.67 €) |
3,785.64 Col$ (0.85 €) |
+26.3 % |
| Bottle of Wine (Mid-Range) |
35,000.00 Col$ (7.88 €) |
28,857.64 Col$ (6.50 €) |
-17.5 % |
| Domestic Beer (0.5 liter bottle) |
4,150.36 Col$ (0.93 €) |
5,405.16 Col$ (1.22 €) |
+30.2 % |
| Imported Beer (12 oz small bottle) |
7,804.35 Col$ (1.76 €) |
8,149.40 Col$ (1.84 €) |
+4.4 % |
| Cigarettes 20 Pack (Marlboro) |
10,000.00 Col$ (2.25 €) |
25,083.95 Col$ (5.65 €) |
+150.8 % |
Transportation | Bogota Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
3,000.00 Col$ (0.68 €) |
6,659.46 Col$ (1.50 €) |
+122.0 % |
| Monthly Pass (Regular Price) |
154,500.00 Col$ (34.80 €) |
221,981.87 Col$ (50.00 €) |
+43.7 % |
| Taxi Start (Normal Tariff) |
5,600.00 Col$ (1.26 €) |
14,983.78 Col$ (3.38 €) |
+167.6 % |
| Taxi 1 mile (Normal Tariff) |
9,849.19 Col$ (2.22 €) |
9,288.38 Col$ (2.09 €) |
-5.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
16,200.00 Col$ (3.65 €) |
105,441.39 Col$ (23.75 €) |
+550.9 % |
| Gasoline (1 gallon) |
14,745.34 Col$ (3.32 €) |
28,157.72 Col$ (6.34 €) |
+91.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
65,000,000.00 Col$ (14,640.84 €) |
148,128,503.77 Col$ (33,365.00 €) |
+127.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
91,343,750.00 Col$ (20,574.60 €) |
123,789,943.90 Col$ (27,882.89 €) |
+35.5 % |
Utilities (Monthly) | Bogota Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
401,069.16 Col$ (90.34 €) |
687,964.85 Col$ (154.96 €) |
+71.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
40,250.00 Col$ (9.07 €) |
68,078.34 Col$ (15.33 €) |
+69.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
105,766.67 Col$ (23.82 €) |
139,562.85 Col$ (31.44 €) |
+32.0 % |
Sports And Leisure | Bogota Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
87,961.54 Col$ (19.81 €) |
195,532.97 Col$ (44.04 €) |
+122.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
35,043.41 Col$ (7.89 €) |
55,777.99 Col$ (12.56 €) |
+59.2 % |
| Cinema, International Release, 1 Seat |
20,000.00 Col$ (4.50 €) |
44,396.37 Col$ (10.00 €) |
+122.0 % |
Childcare | Bogota Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
907,347.83 Col$ (204.37 €) |
2,289,828.40 Col$ (515.77 €) |
+152.4 % |
| International Primary School, Yearly for 1 Child |
29,166,666.67 Col$ (6,569.61 €) |
40,062,442.77 Col$ (9,023.81 €) |
+37.4 % |
Clothing And Shoes | Bogota Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
211,897.21 Col$ (47.73 €) |
389,716.93 Col$ (87.78 €) |
+83.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
175,107.58 Col$ (39.44 €) |
160,425.53 Col$ (36.13 €) |
-8.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
345,042.74 Col$ (77.72 €) |
387,516.93 Col$ (87.29 €) |
+12.3 % |
| 1 Pair of Men Leather Business Shoes |
302,538.16 Col$ (68.14 €) |
462,746.83 Col$ (104.23 €) |
+53.0 % |
Rent Per Month | Bogota Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
1,828,954.89 Col$ (411.96 €) |
6,035,132.17 Col$ (1,359.38 €) |
+230.0 % |
| Apartment (1 bedroom) Outside of Centre |
1,300,266.20 Col$ (292.88 €) |
4,308,466.35 Col$ (970.45 €) |
+231.4 % |
| Apartment (3 bedrooms) in City Centre |
2,997,609.52 Col$ (675.19 €) |
10,356,379.29 Col$ (2,332.71 €) |
+245.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,466,879.82 Col$ (555.65 €) |
7,512,279.57 Col$ (1,692.09 €) |
+204.5 % |
Buy Apartment Price | Bogota Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
667,227.95 Col$ (150.29 €) |
2,296,715.32 Col$ (517.32 €) |
+244.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
506,347.08 Col$ (114.05 €) |
1,381,396.17 Col$ (311.15 €) |
+172.8 % |
Salaries And Financing | Bogota Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
1,452,315.68 Col$ (327.12 €) |
9,384,109.72 Col$ (2,113.71 €) |
+546.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.23 | 3.42 | -75.9 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 194 | 481 |
Moving to Bogota? Explore:
Moving to Madrid? Explore:
Cities near Bogota: | Cost of Living in Villavicencio | 67.82 miles |
| Cost of Living in Manizales | 190.92 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |