Cost of Living Comparison Between Madrid and Bogota 
| Indices Difference |  |
|---|---|
| Cost of Living in Bogota is 44.8% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Bogota is 53.9% lower than in Madrid | |
| Rent Prices in Bogota are 69.5% lower than in Madrid | |
| Restaurant Prices in Bogota are 58.9% lower than in Madrid | |
| Groceries Prices in Bogota are 40.3% lower than in Madrid | |
| Local Purchasing Power in Bogota is 66.5% lower than in Madrid | |
Restaurants | Madrid Edit |
Bogota Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (66,592.55 Col$) |
4.28 € (19,000.00 Col$) |
-71.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (266,370.21 Col$) |
27.03 € (120,000.00 Col$) |
-54.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (42,286.27 Col$) |
6.76 € (30,000.00 Col$) |
-29.1 % |
| Domestic Beer (1 pint draught) |
3.50 € (15,538.26 Col$) |
1.13 € (5,000.00 Col$) |
-67.8 % |
| Imported Beer (12 oz small bottle) |
4.00 € (17,758.01 Col$) |
2.25 € (10,000.00 Col$) |
-43.7 % |
| Cappuccino (regular) |
2.44 € (10,826.19 Col$) |
1.41 € (6,250.62 Col$) |
-42.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.58 € (11,443.40 Col$) |
0.76 € (3,354.42 Col$) |
-70.7 % |
| Water (12 oz small bottle) |
1.68 € (7,447.85 Col$) |
0.54 € (2,412.95 Col$) |
-67.6 % |
Markets | Madrid Edit |
Bogota Edit | |
| Milk (regular), (1 gallon) |
4.02 € (17,832.35 Col$) |
4.56 € (20,235.73 Col$) |
+13.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 € (6,276.86 Col$) |
1.16 € (5,129.47 Col$) |
-18.3 % |
| Rice (white), (1 lb) |
0.68 € (2,998.44 Col$) |
0.54 € (2,382.50 Col$) |
-20.5 % |
| Eggs (regular) (12) |
2.79 € (12,374.62 Col$) |
2.10 € (9,316.91 Col$) |
-24.7 % |
| Local Cheese (1 lb) |
6.53 € (28,986.92 Col$) |
1.86 € (8,255.30 Col$) |
-71.5 % |
| Chicken Fillets (1 lb) |
3.56 € (15,805.24 Col$) |
2.16 € (9,606.18 Col$) |
-39.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.46 € (28,666.18 Col$) |
3.19 € (14,163.34 Col$) |
-50.6 % |
| Apples (1 lb) |
1.06 € (4,696.01 Col$) |
1.08 € (4,793.04 Col$) |
+2.1 % |
| Banana (1 lb) |
0.83 € (3,703.18 Col$) |
0.51 € (2,245.05 Col$) |
-39.4 % |
| Oranges (1 lb) |
0.91 € (4,037.52 Col$) |
0.52 € (2,314.15 Col$) |
-42.7 % |
| Tomato (1 lb) |
1.03 € (4,582.67 Col$) |
0.56 € (2,478.98 Col$) |
-45.9 % |
| Potato (1 lb) |
0.71 € (3,153.64 Col$) |
0.43 € (1,920.82 Col$) |
-39.1 % |
| Onion (1 lb) |
0.71 € (3,141.41 Col$) |
0.44 € (1,936.02 Col$) |
-38.4 % |
| Lettuce (1 head) |
1.20 € (5,319.75 Col$) |
0.73 € (3,240.91 Col$) |
-39.1 % |
| Water (1.5 liter bottle) |
0.85 € (3,785.53 Col$) |
0.67 € (2,996.30 Col$) |
-20.8 % |
| Bottle of Wine (Mid-Range) |
6.50 € (28,856.77 Col$) |
7.88 € (35,000.00 Col$) |
+21.3 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (5,405.00 Col$) |
0.93 € (4,150.36 Col$) |
-23.2 % |
| Imported Beer (12 oz small bottle) |
1.84 € (8,149.15 Col$) |
1.76 € (7,804.35 Col$) |
-4.2 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (25,083.19 Col$) |
2.25 € (10,000.00 Col$) |
-60.1 % |
Transportation | Madrid Edit |
Bogota Edit | |
| One-way Ticket (Local Transport) |
1.50 € (6,659.26 Col$) |
0.68 € (3,000.00 Col$) |
-54.9 % |
| Monthly Pass (Regular Price) |
50.00 € (221,975.17 Col$) |
34.80 € (154,500.00 Col$) |
-30.4 % |
| Taxi Start (Normal Tariff) |
3.38 € (14,983.32 Col$) |
1.26 € (5,600.00 Col$) |
-62.6 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (9,288.10 Col$) |
2.22 € (9,849.19 Col$) |
+6.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (105,438.21 Col$) |
3.65 € (16,200.00 Col$) |
-84.6 % |
| Gasoline (1 gallon) |
6.34 € (28,156.87 Col$) |
3.32 € (14,745.34 Col$) |
-47.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (148,124,033.26 Col$) |
14,641.28 € (65,000,000.00 Col$) |
-56.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,882.89 € (123,786,207.93 Col$) |
20,575.22 € (91,343,750.00 Col$) |
-26.2 % |
Utilities (Monthly) | Madrid Edit |
Bogota Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
154.96 € (687,944.09 Col$) |
90.34 € (401,069.16 Col$) |
-41.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.33 € (68,076.28 Col$) |
9.07 € (40,250.00 Col$) |
-40.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.44 € (139,558.64 Col$) |
23.82 € (105,766.67 Col$) |
-24.2 % |
Sports And Leisure | Madrid Edit |
Bogota Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.04 € (195,527.07 Col$) |
19.81 € (87,961.54 Col$) |
-55.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.56 € (55,776.31 Col$) |
7.89 € (35,043.05 Col$) |
-37.2 % |
| Cinema, International Release, 1 Seat |
10.00 € (44,395.03 Col$) |
4.51 € (20,000.00 Col$) |
-54.9 % |
Childcare | Madrid Edit |
Bogota Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
515.77 € (2,289,759.29 Col$) |
204.38 € (907,347.83 Col$) |
-60.4 % |
| International Primary School, Yearly for 1 Child |
9,119.05 € (40,484,043.54 Col$) |
6,569.80 € (29,166,666.67 Col$) |
-28.0 % |
Clothing And Shoes | Madrid Edit |
Bogota Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
87.78 € (389,705.16 Col$) |
47.73 € (211,895.82 Col$) |
-45.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.13 € (160,420.69 Col$) |
39.44 € (175,106.38 Col$) |
+9.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.29 € (387,505.23 Col$) |
77.72 € (345,039.13 Col$) |
-11.0 % |
| 1 Pair of Men Leather Business Shoes |
104.23 € (462,732.86 Col$) |
68.15 € (302,534.94 Col$) |
-34.6 % |
Rent Per Month | Madrid Edit |
Bogota Edit | |
| Apartment (1 bedroom) in City Centre |
1,359.38 € (6,034,950.03 Col$) |
412.06 € (1,829,346.77 Col$) |
-69.7 % |
| Apartment (1 bedroom) Outside of Centre |
970.45 € (4,308,336.32 Col$) |
292.88 € (1,300,241.74 Col$) |
-69.8 % |
| Apartment (3 bedrooms) in City Centre |
2,332.71 € (10,356,066.74 Col$) |
675.21 € (2,997,606.19 Col$) |
-71.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,692.09 € (7,512,052.85 Col$) |
555.67 € (2,466,878.95 Col$) |
-67.2 % |
Buy Apartment Price | Madrid Edit |
Bogota Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
517.32 € (2,296,646.01 Col$) |
150.29 € (667,227.95 Col$) |
-70.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
311.15 € (1,381,354.48 Col$) |
114.05 € (506,347.08 Col$) |
-63.3 % |
Salaries And Financing | Madrid Edit |
Bogota Edit | |
| Average Monthly Net Salary (After Tax) |
2,113.71 € (9,383,826.51 Col$) |
327.13 € (1,452,295.24 Col$) |
-84.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.42 | 14.23 | +315.7 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 481 | 194 |
Moving to Madrid? Explore:
Moving to Bogota? Explore:
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 |
Cities near Bogota: | Cost of Living in Villavicencio | 67.82 miles |
| Cost of Living in Manizales | 190.92 miles |