Cost of Living Comparison Between Montreal and Bogota 

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Indices DifferenceInfo
Cost of Living in Bogota is 50.4% lower than in Montreal (without rent)
Cost of Living Including Rent in Bogota is 54.3% lower than in Montreal
Rent Prices in Bogota are 63.6% lower than in Montreal
Restaurant Prices in Bogota are 65.5% lower than in Montreal
Groceries Prices in Bogota are 53.5% lower than in Montreal
Local Purchasing Power in Bogota is 69.7% lower than in Montreal
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Montreal Edit Bogota Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(70,688.99 Col$)
6.37 C$
(18,000.00 Col$)
     -74.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(339,307.13 Col$)
40.67 C$
(115,000.00 Col$)
     -66.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(42,413.39 Col$)
10.61 C$
(30,000.00 Col$)
     -29.3 %
Domestic Beer (1 pint draught) 8.50 C$
(24,034.26 Col$)
1.77 C$
(5,000.00 Col$)
     -79.2 %
Imported Beer (12 oz small bottle) 8.00 C$
(22,620.48 Col$)
3.54 C$
(10,000.00 Col$)
     -55.8 %
Cappuccino (regular) 5.29 C$
(14,967.74 Col$)
2.21 C$
(6,238.34 Col$)
     -58.3 %
Coke/Pepsi (12 oz small bottle) 2.84 C$
(8,037.93 Col$)
1.18 C$
(3,346.07 Col$)
     -58.4 %
Water (12 oz small bottle) 2.14 C$
(6,051.65 Col$)
0.88 C$
(2,490.71 Col$)
     -58.8 %
Markets
Montreal Edit Bogota Edit
Milk (regular), (1 gallon) 11.18 C$
(31,607.51 Col$)
7.04 C$
(19,917.95 Col$)
     -37.0 %
Loaf of Fresh White Bread (1 lb) 3.82 C$
(10,810.80 Col$)
1.79 C$
(5,061.84 Col$)
     -53.2 %
Rice (white), (1 lb) 2.07 C$
(5,865.94 Col$)
0.85 C$
(2,396.40 Col$)
     -59.1 %
Eggs (regular) (12) 4.60 C$
(13,013.47 Col$)
3.38 C$
(9,558.83 Col$)
     -26.5 %
Local Cheese (1 lb) 7.99 C$
(22,599.92 Col$)
2.86 C$
(8,095.63 Col$)
     -64.2 %
Chicken Fillets (1 lb) 7.97 C$
(22,523.64 Col$)
3.39 C$
(9,594.47 Col$)
     -57.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 C$
(25,419.52 Col$)
5.01 C$
(14,174.67 Col$)
     -44.2 %
Apples (1 lb) 2.27 C$
(6,421.63 Col$)
1.70 C$
(4,813.47 Col$)
     -25.0 %
Banana (1 lb) 0.89 C$
(2,507.81 Col$)
0.79 C$
(2,243.70 Col$)
     -10.5 %
Oranges (1 lb) 2.56 C$
(7,245.57 Col$)
0.82 C$
(2,305.27 Col$)
     -68.2 %
Tomato (1 lb) 2.83 C$
(8,012.42 Col$)
0.88 C$
(2,478.98 Col$)
     -69.1 %
Potato (1 lb) 1.32 C$
(3,722.84 Col$)
0.68 C$
(1,920.82 Col$)
     -48.4 %
Onion (1 lb) 1.49 C$
(4,208.64 Col$)
0.68 C$
(1,936.02 Col$)
     -54.0 %
Lettuce (1 head) 3.45 C$
(9,749.42 Col$)
1.15 C$
(3,240.91 Col$)
     -66.8 %
Water (1.5 liter bottle) 2.39 C$
(6,756.52 Col$)
1.03 C$
(2,919.23 Col$)
     -56.8 %
Bottle of Wine (Mid-Range) 20.00 C$
(56,551.19 Col$)
12.38 C$
(35,000.00 Col$)
     -38.1 %
Domestic Beer (0.5 liter bottle) 4.52 C$
(12,783.09 Col$)
1.47 C$
(4,150.36 Col$)
     -67.5 %
Imported Beer (12 oz small bottle) 4.75 C$
(13,422.83 Col$)
2.76 C$
(7,804.35 Col$)
     -41.9 %
Cigarettes 20 Pack (Marlboro) 15.05 C$
(42,554.77 Col$)
3.54 C$
(10,000.00 Col$)
     -76.5 %
Transportation
Montreal Edit Bogota Edit
One-way Ticket (Local Transport) 3.75 C$
(10,603.35 Col$)
1.06 C$
(3,000.00 Col$)
     -71.7 %
Monthly Pass (Regular Price) 97.00 C$
(274,273.26 Col$)
54.64 C$
(154,500.00 Col$)
     -43.7 %
Taxi Start (Normal Tariff) 4.75 C$
(13,430.91 Col$)
1.95 C$
(5,500.00 Col$)
     -59.0 %
Taxi 1 mile (Normal Tariff) 3.22 C$
(9,101.03 Col$)
3.55 C$
(10,042.31 Col$)
     +10.3 %
Taxi 1hour Waiting (Normal Tariff) 60.00 C$
(169,653.57 Col$)
6.37 C$
(18,000.00 Col$)
     -89.4 %
Gasoline (1 gallon) 6.56 C$
(18,546.88 Col$)
5.19 C$
(14,665.37 Col$)
     -20.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,978.00 C$
(96,074,814.07 Col$)
22,988.02 C$
(65,000,000.00 Col$)
     -32.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,856.30 C$
(78,765,337.90 Col$)
32,304.80 C$
(91,343,750.00 Col$)
     +16.0 %
Utilities (Monthly)
Montreal Edit Bogota Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 115.70 C$
(327,153.64 Col$)
143.16 C$
(404,805.25 Col$)
     +23.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 53.92 C$
(152,466.69 Col$)
14.12 C$
(39,933.33 Col$)
     -73.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.16 C$
(172,933.44 Col$)
37.75 C$
(106,741.36 Col$)
     -38.3 %
Sports And Leisure
Montreal Edit Bogota Edit
Fitness Club, Monthly Fee for 1 Adult 45.14 C$
(127,640.62 Col$)
31.50 C$
(89,080.00 Col$)
     -30.2 %
Tennis Court Rent (1 Hour on Weekend) 22.31 C$
(63,076.33 Col$)
12.71 C$
(35,937.50 Col$)
     -43.0 %
Cinema, International Release, 1 Seat 15.00 C$
(42,413.39 Col$)
7.07 C$
(20,000.00 Col$)
     -52.8 %
Childcare
Montreal Edit Bogota Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 947.23 C$
(2,678,351.29 Col$)
320.89 C$
(907,347.83 Col$)
     -66.1 %
International Primary School, Yearly for 1 Child 8,983.33 C$
(25,400,908.82 Col$)
10,315.14 C$
(29,166,666.67 Col$)
     +14.8 %
Clothing And Shoes
Montreal Edit Bogota Edit
1 Pair of Jeans (Levis 501 Or Similar) 85.36 C$
(241,359.34 Col$)
76.59 C$
(216,562.45 Col$)
     -10.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 66.56 C$
(188,209.97 Col$)
59.17 C$
(167,292.57 Col$)
     -11.1 %
1 Pair of Nike Running Shoes (Mid-Range) 120.36 C$
(340,316.97 Col$)
121.31 C$
(343,013.45 Col$)
     +0.8 %
1 Pair of Men Leather Business Shoes 148.59 C$
(420,138.45 Col$)
103.97 C$
(293,972.38 Col$)
     -30.0 %
Rent Per Month
Montreal Edit Bogota Edit
Apartment (1 bedroom) in City Centre 1,656.77 C$
(4,684,617.98 Col$)
625.75 C$
(1,769,345.92 Col$)
     -62.2 %
Apartment (1 bedroom) Outside of Centre 1,281.25 C$
(3,622,810.51 Col$)
442.07 C$
(1,249,979.11 Col$)
     -65.5 %
Apartment (3 bedrooms) in City Centre 3,014.47 C$
(8,523,603.47 Col$)
1,027.18 C$
(2,904,406.02 Col$)
     -65.9 %
Apartment (3 bedrooms) Outside of Centre 2,149.86 C$
(6,078,860.04 Col$)
851.10 C$
(2,406,532.24 Col$)
     -60.4 %
Buy Apartment Price
Montreal Edit Bogota Edit
Price per Square Feet to Buy Apartment in City Centre 921.03 C$
(2,604,272.84 Col$)
241.89 C$
(683,967.60 Col$)
     -73.7 %
Price per Square Feet to Buy Apartment Outside of Centre 530.53 C$
(1,500,112.14 Col$)
177.79 C$
(502,714.36 Col$)
     -66.5 %
Salaries And Financing
Montreal Edit Bogota Edit
Average Monthly Net Salary (After Tax) 3,700.67 C$
(10,463,854.90 Col$)
512.07 C$
(1,447,921.82 Col$)
     -86.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 14.23      +119.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:432189