Cost of Living Comparison Between Monterrey and Bogota 
| Indices Difference |  |
|---|---|
| Cost of Living in Bogota is 40.6% lower than in Monterrey (without rent) | |
| Cost of Living Including Rent in Bogota is 45.4% lower than in Monterrey | |
| Rent Prices in Bogota are 56.8% lower than in Monterrey | |
| Restaurant Prices in Bogota are 52.7% lower than in Monterrey | |
| Groceries Prices in Bogota are 40.9% lower than in Monterrey | |
| Local Purchasing Power in Bogota is 44.6% lower than in Monterrey | |
Restaurants | Monterrey Edit |
Bogota Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
250.00 MXN (57,803.23 Col$) |
86.50 MXN (20,000.00 Col$) |
-65.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
925.00 MXN (213,871.95 Col$) |
475.75 MXN (110,000.00 Col$) |
-48.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
150.00 MXN (34,681.94 Col$) |
129.75 MXN (30,000.00 Col$) |
-13.5 % |
| Domestic Beer (1 pint draught) |
50.00 MXN (11,560.65 Col$) |
19.46 MXN (4,500.00 Col$) |
-61.1 % |
| Imported Beer (12 oz small bottle) |
63.57 MXN (14,699.05 Col$) |
43.25 MXN (10,000.00 Col$) |
-32.0 % |
| Cappuccino (regular) |
63.27 MXN (14,629.47 Col$) |
27.00 MXN (6,242.71 Col$) |
-57.3 % |
| Coke/Pepsi (12 oz small bottle) |
26.43 MXN (6,111.23 Col$) |
14.50 MXN (3,353.03 Col$) |
-45.1 % |
| Water (12 oz small bottle) |
20.77 MXN (4,801.82 Col$) |
10.87 MXN (2,512.44 Col$) |
-47.7 % |
Markets | Monterrey Edit |
Bogota Edit | |
| Milk (regular), (1 gallon) |
112.48 MXN (26,007.98 Col$) |
86.95 MXN (20,103.61 Col$) |
-22.7 % |
| Loaf of Fresh White Bread (1 lb) |
44.43 MXN (10,272.34 Col$) |
21.80 MXN (5,041.43 Col$) |
-50.9 % |
| Rice (white), (1 lb) |
15.91 MXN (3,678.96 Col$) |
10.36 MXN (2,396.40 Col$) |
-34.9 % |
| Eggs (regular) (12) |
55.31 MXN (12,788.96 Col$) |
39.89 MXN (9,223.91 Col$) |
-27.9 % |
| Local Cheese (1 lb) |
87.47 MXN (20,223.69 Col$) |
35.01 MXN (8,095.63 Col$) |
-60.0 % |
| Chicken Fillets (1 lb) |
77.01 MXN (17,806.54 Col$) |
41.50 MXN (9,594.47 Col$) |
-46.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
109.54 MXN (25,327.68 Col$) |
61.31 MXN (14,174.67 Col$) |
-44.0 % |
| Apples (1 lb) |
24.68 MXN (5,706.52 Col$) |
19.88 MXN (4,596.85 Col$) |
-19.4 % |
| Banana (1 lb) |
10.42 MXN (2,408.46 Col$) |
9.32 MXN (2,155.89 Col$) |
-10.5 % |
| Oranges (1 lb) |
14.10 MXN (3,259.91 Col$) |
9.98 MXN (2,306.36 Col$) |
-29.3 % |
| Tomato (1 lb) |
15.61 MXN (3,609.87 Col$) |
10.91 MXN (2,521.64 Col$) |
-30.1 % |
| Potato (1 lb) |
18.25 MXN (4,219.26 Col$) |
8.00 MXN (1,850.19 Col$) |
-56.1 % |
| Onion (1 lb) |
15.29 MXN (3,535.84 Col$) |
8.37 MXN (1,936.02 Col$) |
-45.2 % |
| Lettuce (1 head) |
29.02 MXN (6,709.62 Col$) |
14.02 MXN (3,240.91 Col$) |
-51.7 % |
| Water (1.5 liter bottle) |
18.53 MXN (4,284.24 Col$) |
13.38 MXN (3,093.33 Col$) |
-27.8 % |
| Bottle of Wine (Mid-Range) |
250.00 MXN (57,803.23 Col$) |
151.38 MXN (35,000.00 Col$) |
-39.4 % |
| Domestic Beer (0.5 liter bottle) |
28.35 MXN (6,555.88 Col$) |
18.24 MXN (4,216.45 Col$) |
-35.7 % |
| Imported Beer (12 oz small bottle) |
52.31 MXN (12,094.21 Col$) |
34.18 MXN (7,903.85 Col$) |
-34.6 % |
| Cigarettes 20 Pack (Marlboro) |
77.50 MXN (17,919.00 Col$) |
38.93 MXN (9,000.00 Col$) |
-49.8 % |
Transportation | Monterrey Edit |
Bogota Edit | |
| One-way Ticket (Local Transport) |
15.00 MXN (3,468.19 Col$) |
12.98 MXN (3,000.00 Col$) |
-13.5 % |
| Monthly Pass (Regular Price) |
850.00 MXN (196,530.98 Col$) |
648.75 MXN (150,000.00 Col$) |
-23.7 % |
| Taxi Start (Normal Tariff) |
30.00 MXN (6,936.39 Col$) |
23.79 MXN (5,500.00 Col$) |
-20.7 % |
| Taxi 1 mile (Normal Tariff) |
32.19 MXN (7,442.02 Col$) |
42.60 MXN (9,849.19 Col$) |
+32.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
300.00 MXN (69,363.88 Col$) |
92.99 MXN (21,500.00 Col$) |
-69.0 % |
| Gasoline (1 gallon) |
92.97 MXN (21,496.18 Col$) |
63.10 MXN (14,590.25 Col$) |
-32.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
450,000.00 MXN (104,045,815.13 Col$) |
281,126.16 MXN (65,000,000.00 Col$) |
-37.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
468,477.78 MXN (108,318,116.14 Col$) |
403,625.92 MXN (93,323,529.41 Col$) |
-13.8 % |
Utilities (Monthly) | Monterrey Edit |
Bogota Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
2,407.30 MXN (556,599.57 Col$) |
1,750.79 MXN (404,805.25 Col$) |
-27.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
489.56 MXN (113,191.57 Col$) |
172.71 MXN (39,933.33 Col$) |
-64.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
567.53 MXN (131,220.13 Col$) |
461.86 MXN (106,787.02 Col$) |
-18.6 % |
Sports And Leisure | Monterrey Edit |
Bogota Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
755.50 MXN (174,681.36 Col$) |
389.31 MXN (90,013.33 Col$) |
-48.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
391.67 MXN (90,558.39 Col$) |
159.79 MXN (36,944.44 Col$) |
-59.2 % |
| Cinema, International Release, 1 Seat |
110.00 MXN (25,433.42 Col$) |
86.50 MXN (20,000.00 Col$) |
-21.4 % |
Childcare | Monterrey Edit |
Bogota Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
6,142.86 MXN (1,420,307.95 Col$) |
3,845.77 MXN (889,192.31 Col$) |
-37.4 % |
| International Primary School, Yearly for 1 Child |
148,200.00 MXN (34,265,755.12 Col$) |
123,533.32 MXN (28,562,500.00 Col$) |
-16.6 % |
Clothing And Shoes | Monterrey Edit |
Bogota Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,043.90 MXN (241,363.17 Col$) |
936.76 MXN (216,590.00 Col$) |
-10.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
807.07 MXN (186,605.34 Col$) |
730.43 MXN (168,885.89 Col$) |
-9.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
1,894.95 MXN (438,136.93 Col$) |
1,483.88 MXN (343,091.29 Col$) |
-21.7 % |
| 1 Pair of Men Leather Business Shoes |
1,973.27 MXN (456,244.75 Col$) |
1,285.32 MXN (297,182.13 Col$) |
-34.9 % |
Rent Per Month | Monterrey Edit |
Bogota Edit | |
| Apartment (1 bedroom) in City Centre |
18,250.00 MXN (4,219,635.84 Col$) |
7,659.03 MXN (1,770,866.66 Col$) |
-58.0 % |
| Apartment (1 bedroom) Outside of Centre |
12,115.38 MXN (2,801,233.48 Col$) |
5,269.45 MXN (1,218,365.62 Col$) |
-56.5 % |
| Apartment (3 bedrooms) in City Centre |
30,461.54 MXN (7,043,101.33 Col$) |
12,200.29 MXN (2,820,863.68 Col$) |
-59.9 % |
| Apartment (3 bedrooms) Outside of Centre |
21,500.00 MXN (4,971,077.83 Col$) |
10,410.16 MXN (2,406,964.34 Col$) |
-51.6 % |
Buy Apartment Price | Monterrey Edit |
Bogota Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
4,412.86 MXN (1,020,309.72 Col$) |
3,029.10 MXN (700,367.89 Col$) |
-31.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
2,352.40 MXN (543,904.30 Col$) |
2,201.55 MXN (509,025.81 Col$) |
-6.4 % |
Salaries And Financing | Monterrey Edit |
Bogota Edit | |
| Average Monthly Net Salary (After Tax) |
20,727.25 MXN (4,792,408.05 Col$) |
6,270.96 MXN (1,449,926.97 Col$) |
-69.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.88 | 13.78 | +16.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 79 | 195 |
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