Cost of Living Comparison Between Miami, FL and Bogota 

Indices DifferenceInfo
Cost of Living in Bogota is 59.2% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Bogota is 70.6% lower than in Miami, FL
Rent Prices in Bogota are 84.4% lower than in Miami, FL
Restaurant Prices in Bogota are 71.6% lower than in Miami, FL
Groceries Prices in Bogota are 57.9% lower than in Miami, FL
Local Purchasing Power in Bogota is 73.0% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Bogota Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(98,110.33 Col$)
4.71 $
(18,500.00 Col$)
     -81.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(392,441.34 Col$)
30.58 $
(120,000.00 Col$)
     -69.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(47,092.96 Col$)
7.64 $
(30,000.00 Col$)
     -36.3 %
Domestic Beer (1 pint draught) 7.00 $
(27,470.89 Col$)
1.27 $
(5,000.00 Col$)
     -81.8 %
Imported Beer (12 oz small bottle) 8.00 $
(31,395.31 Col$)
2.55 $
(10,000.00 Col$)
     -68.1 %
Cappuccino (regular) 4.96 $
(19,450.37 Col$)
1.59 $
(6,240.10 Col$)
     -67.9 %
Coke/Pepsi (12 oz small bottle) 2.85 $
(11,171.50 Col$)
0.85 $
(3,347.27 Col$)
     -70.0 %
Water (12 oz small bottle) 2.26 $
(8,852.82 Col$)
0.61 $
(2,408.18 Col$)
     -72.8 %
Markets
Miami, FL Edit Bogota Edit
Milk (regular), (1 gallon) 4.33 $
(16,978.59 Col$)
5.07 $
(19,911.27 Col$)
     +17.3 %
Loaf of Fresh White Bread (1 lb) 3.31 $
(13,003.20 Col$)
1.28 $
(5,029.29 Col$)
     -61.3 %
Rice (white), (1 lb) 2.11 $
(8,281.34 Col$)
0.61 $
(2,387.27 Col$)
     -71.2 %
Eggs (regular) (12) 4.09 $
(16,041.04 Col$)
2.40 $
(9,405.50 Col$)
     -41.4 %
Local Cheese (1 lb) 6.54 $
(25,650.60 Col$)
2.10 $
(8,255.30 Col$)
     -67.8 %
Chicken Fillets (1 lb) 5.53 $
(21,714.11 Col$)
2.45 $
(9,631.48 Col$)
     -55.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $
(28,584.86 Col$)
3.61 $
(14,163.34 Col$)
     -50.5 %
Apples (1 lb) 2.94 $
(11,538.69 Col$)
1.22 $
(4,785.36 Col$)
     -58.5 %
Banana (1 lb) 0.82 $
(3,229.80 Col$)
0.57 $
(2,243.70 Col$)
     -30.5 %
Oranges (1 lb) 2.07 $
(8,132.91 Col$)
0.59 $
(2,305.78 Col$)
     -71.6 %
Tomato (1 lb) 2.11 $
(8,280.52 Col$)
0.63 $
(2,478.98 Col$)
     -70.1 %
Potato (1 lb) 1.14 $
(4,460.76 Col$)
0.49 $
(1,920.82 Col$)
     -56.9 %
Onion (1 lb) 1.55 $
(6,073.79 Col$)
0.49 $
(1,936.02 Col$)
     -68.1 %
Lettuce (1 head) 2.92 $
(11,441.45 Col$)
0.83 $
(3,240.91 Col$)
     -71.7 %
Water (1.5 liter bottle) 2.31 $
(9,085.02 Col$)
0.74 $
(2,919.23 Col$)
     -67.9 %
Bottle of Wine (Mid-Range) 15.00 $
(58,866.20 Col$)
8.92 $
(35,000.00 Col$)
     -40.5 %
Domestic Beer (0.5 liter bottle) 2.03 $
(7,984.78 Col$)
1.06 $
(4,150.36 Col$)
     -48.0 %
Imported Beer (12 oz small bottle) 2.33 $
(9,153.69 Col$)
1.99 $
(7,804.35 Col$)
     -14.7 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(37,085.71 Col$)
2.55 $
(10,000.00 Col$)
     -73.0 %
Transportation
Miami, FL Edit Bogota Edit
One-way Ticket (Local Transport) 2.25 $
(8,829.93 Col$)
0.76 $
(3,000.00 Col$)
     -66.0 %
Monthly Pass (Regular Price) 113.75 $
(446,402.02 Col$)
39.37 $
(154,500.00 Col$)
     -65.4 %
Taxi Start (Normal Tariff) 2.98 $
(11,675.13 Col$)
1.43 $
(5,600.00 Col$)
     -52.0 %
Taxi 1 mile (Normal Tariff) 2.10 $
(8,241.27 Col$)
2.61 $
(10,251.52 Col$)
     +24.4 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(94,185.92 Col$)
4.13 $
(16,200.00 Col$)
     -82.8 %
Gasoline (1 gallon) 3.50 $
(13,745.19 Col$)
3.75 $
(14,698.88 Col$)
     +6.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(137,354,468.12 Col$)
16,562.99 $
(65,000,000.00 Col$)
     -52.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,844.08 $
(97,498,454.49 Col$)
23,275.77 $
(91,343,750.00 Col$)
     -6.3 %
Utilities (Monthly)
Miami, FL Edit Bogota Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(664,003.29 Col$)
101.74 $
(399,256.91 Col$)
     -39.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.16 $
(247,857.69 Col$)
10.02 $
(39,312.50 Col$)
     -84.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.65 $
(245,879.59 Col$)
27.15 $
(106,537.21 Col$)
     -56.7 %
Sports And Leisure
Miami, FL Edit Bogota Edit
Fitness Club, Monthly Fee for 1 Adult 75.93 $
(297,993.79 Col$)
22.41 $
(87,961.54 Col$)
     -70.5 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(93,625.29 Col$)
8.92 $
(35,000.00 Col$)
     -62.6 %
Cinema, International Release, 1 Seat 15.50 $
(60,828.41 Col$)
5.10 $
(20,000.00 Col$)
     -67.1 %
Childcare
Miami, FL Edit Bogota Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(4,562,130.55 Col$)
231.21 $
(907,347.83 Col$)
     -80.1 %
International Primary School, Yearly for 1 Child 28,333.33 $
(111,191,712.29 Col$)
7,432.11 $
(29,166,666.67 Col$)
     -73.8 %
Clothing And Shoes
Miami, FL Edit Bogota Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.80 $
(195,435.79 Col$)
53.62 $
(210,441.54 Col$)
     +7.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.89 $
(211,482.28 Col$)
43.43 $
(170,452.79 Col$)
     -19.4 %
1 Pair of Nike Running Shoes (Mid-Range) 83.06 $
(325,944.33 Col$)
86.37 $
(338,969.70 Col$)
     +4.0 %
1 Pair of Men Leather Business Shoes 100.77 $
(395,460.12 Col$)
74.97 $
(294,201.63 Col$)
     -25.6 %
Rent Per Month
Miami, FL Edit Bogota Edit
Apartment (1 bedroom) in City Centre 2,769.58 $
(10,868,989.88 Col$)
457.60 $
(1,795,826.09 Col$)
     -83.5 %
Apartment (1 bedroom) Outside of Centre 2,106.60 $
(8,267,172.23 Col$)
327.28 $
(1,284,365.34 Col$)
     -84.5 %
Apartment (3 bedrooms) in City Centre 5,454.82 $
(21,406,967.06 Col$)
758.49 $
(2,976,626.23 Col$)
     -86.1 %
Apartment (3 bedrooms) Outside of Centre 3,779.15 $
(14,830,961.76 Col$)
621.40 $
(2,438,612.45 Col$)
     -83.6 %
Buy Apartment Price
Miami, FL Edit Bogota Edit
Price per Square Feet to Buy Apartment in City Centre 605.52 $
(2,376,302.41 Col$)
174.29 $
(683,967.60 Col$)
     -71.2 %
Price per Square Feet to Buy Apartment Outside of Centre 370.66 $
(1,454,634.17 Col$)
128.10 $
(502,714.36 Col$)
     -65.4 %
Salaries And Financing
Miami, FL Edit Bogota Edit
Average Monthly Net Salary (After Tax) 4,641.60 $
(18,215,558.24 Col$)
369.11 $
(1,448,547.68 Col$)
     -92.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 14.23      +115.5 %
Last update: June 2024June 2024
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