Cost of Living Comparison Between Montreal and Bogota 

Indices DifferenceInfo
Consumer Prices in Bogota are 50.8% lower than in Montreal (without rent)
Consumer Prices Including Rent in Bogota are 55.0% lower than in Montreal
Rent Prices in Bogota are 64.7% lower than in Montreal
Restaurant Prices in Bogota are 66.3% lower than in Montreal
Groceries Prices in Bogota are 53.9% lower than in Montreal
Local Purchasing Power in Bogota is 69.3% lower than in Montreal
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Montreal Edit Bogota Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(71,220.98 Col$)
7.02 C$
(20,000.00 Col$)
     -71.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(341,860.70 Col$)
36.86 C$
(105,000.00 Col$)
     -69.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(42,732.59 Col$)
9.83 C$
(28,000.00 Col$)
     -34.5 %
Domestic Beer (1 pint draught) 8.00 C$
(22,790.71 Col$)
1.58 C$
(4,500.00 Col$)
     -80.3 %
Imported Beer (12 oz small bottle) 8.00 C$
(22,790.71 Col$)
3.51 C$
(10,000.00 Col$)
     -56.1 %
Cappuccino (regular) 5.27 C$
(15,026.19 Col$)
2.19 C$
(6,242.17 Col$)
     -58.5 %
Coke/Pepsi (12 oz small bottle) 2.80 C$
(7,963.78 Col$)
1.18 C$
(3,356.52 Col$)
     -57.9 %
Water (12 oz small bottle) 2.11 C$
(6,008.18 Col$)
0.89 C$
(2,539.46 Col$)
     -57.7 %
Markets
Montreal Edit Bogota Edit
Milk (regular), (1 gallon) 10.97 C$
(31,248.89 Col$)
6.89 C$
(19,615.41 Col$)
     -37.2 %
Loaf of Fresh White Bread (1 lb) 3.90 C$
(11,103.30 Col$)
1.74 C$
(4,948.06 Col$)
     -55.4 %
Rice (white), (1 lb) 2.06 C$
(5,872.46 Col$)
0.81 C$
(2,311.80 Col$)
     -60.6 %
Eggs (regular) (12) 4.55 C$
(12,954.38 Col$)
3.16 C$
(9,010.74 Col$)
     -30.4 %
Local Cheese (1 lb) 7.50 C$
(21,379.01 Col$)
2.82 C$
(8,036.06 Col$)
     -62.4 %
Chicken Fillets (1 lb) 7.54 C$
(21,484.34 Col$)
3.29 C$
(9,380.64 Col$)
     -56.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.80 C$
(25,082.12 Col$)
4.84 C$
(13,783.65 Col$)
     -45.0 %
Apples (1 lb) 2.21 C$
(6,309.17 Col$)
1.60 C$
(4,563.92 Col$)
     -27.7 %
Banana (1 lb) 0.91 C$
(2,601.35 Col$)
0.76 C$
(2,160.20 Col$)
     -17.0 %
Oranges (1 lb) 2.41 C$
(6,877.65 Col$)
0.81 C$
(2,305.92 Col$)
     -66.5 %
Tomato (1 lb) 2.77 C$
(7,901.56 Col$)
0.89 C$
(2,521.64 Col$)
     -68.1 %
Potato (1 lb) 1.28 C$
(3,660.17 Col$)
0.65 C$
(1,850.19 Col$)
     -49.5 %
Onion (1 lb) 1.48 C$
(4,207.86 Col$)
0.68 C$
(1,936.02 Col$)
     -54.0 %
Lettuce (1 head) 3.39 C$
(9,657.56 Col$)
1.14 C$
(3,240.91 Col$)
     -66.4 %
Water (1.5 liter bottle) 2.35 C$
(6,692.18 Col$)
1.10 C$
(3,126.67 Col$)
     -53.3 %
Bottle of Wine (Mid-Range) 20.00 C$
(56,976.78 Col$)
12.29 C$
(35,000.00 Col$)
     -38.6 %
Domestic Beer (0.5 liter bottle) 4.54 C$
(12,931.79 Col$)
1.47 C$
(4,194.06 Col$)
     -67.6 %
Imported Beer (12 oz small bottle) 4.48 C$
(12,760.90 Col$)
2.70 C$
(7,696.43 Col$)
     -39.7 %
Cigarettes 20 Pack (Marlboro) 15.00 C$
(42,732.59 Col$)
3.16 C$
(9,000.00 Col$)
     -78.9 %
Transportation
Montreal Edit Bogota Edit
One-way Ticket (Local Transport) 3.75 C$
(10,683.15 Col$)
1.05 C$
(3,000.00 Col$)
     -71.9 %
Monthly Pass (Regular Price) 97.00 C$
(276,337.40 Col$)
52.65 C$
(150,000.00 Col$)
     -45.7 %
Taxi Start (Normal Tariff) 4.55 C$
(12,962.22 Col$)
1.93 C$
(5,500.00 Col$)
     -57.6 %
Taxi 1 mile (Normal Tariff) 3.22 C$
(9,169.53 Col$)
3.46 C$
(9,849.19 Col$)
     +7.4 %
Taxi 1hour Waiting (Normal Tariff) 53.10 C$
(151,273.36 Col$)
7.55 C$
(21,500.00 Col$)
     -85.8 %
Gasoline (1 gallon) 6.51 C$
(18,553.07 Col$)
5.11 C$
(14,544.00 Col$)
     -21.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,978.00 C$
(96,797,855.93 Col$)
21,938.76 C$
(62,500,000.00 Col$)
     -35.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,677.92 C$
(78,849,945.89 Col$)
32,217.46 C$
(91,782,352.94 Col$)
     +16.4 %
Utilities (Monthly)
Montreal Edit Bogota Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 110.71 C$
(315,383.46 Col$)
140.51 C$
(400,286.02 Col$)
     +26.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 53.01 C$
(151,025.52 Col$)
14.26 C$
(40,620.69 Col$)
     -73.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 61.59 C$
(175,447.88 Col$)
37.52 C$
(106,899.64 Col$)
     -39.1 %
Sports And Leisure
Montreal Edit Bogota Edit
Fitness Club, Monthly Fee for 1 Adult 44.35 C$
(126,341.52 Col$)
31.74 C$
(90,435.90 Col$)
     -28.4 %
Tennis Court Rent (1 Hour on Weekend) 22.50 C$
(64,098.88 Col$)
13.01 C$
(37,058.82 Col$)
     -42.2 %
Cinema, International Release, 1 Seat 15.00 C$
(42,732.59 Col$)
7.02 C$
(20,000.00 Col$)
     -53.2 %
Childcare
Montreal Edit Bogota Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 930.71 C$
(2,651,455.28 Col$)
312.12 C$
(889,192.31 Col$)
     -66.5 %
International Primary School, Yearly for 1 Child 9,369.23 C$
(26,691,431.22 Col$)
10,026.01 C$
(28,562,500.00 Col$)
     +7.0 %
Clothing And Shoes
Montreal Edit Bogota Edit
1 Pair of Jeans (Levis 501 Or Similar) 87.39 C$
(248,955.98 Col$)
74.16 C$
(211,277.22 Col$)
     -15.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 64.67 C$
(184,223.74 Col$)
57.94 C$
(165,058.67 Col$)
     -10.4 %
1 Pair of Nike Running Shoes (Mid-Range) 119.17 C$
(339,486.66 Col$)
118.54 C$
(337,703.06 Col$)
     -0.5 %
1 Pair of Men Leather Business Shoes 145.12 C$
(413,420.82 Col$)
102.71 C$
(292,592.02 Col$)
     -29.2 %
Rent Per Month
Montreal Edit Bogota Edit
Apartment (1 bedroom) in City Centre 1,671.73 C$
(4,762,482.07 Col$)
624.56 C$
(1,779,280.13 Col$)
     -62.6 %
Apartment (1 bedroom) Outside of Centre 1,319.02 C$
(3,757,685.06 Col$)
425.36 C$
(1,211,770.33 Col$)
     -67.8 %
Apartment (3 bedrooms) in City Centre 2,950.00 C$
(8,404,075.43 Col$)
970.35 C$
(2,764,371.66 Col$)
     -67.1 %
Apartment (3 bedrooms) Outside of Centre 2,124.87 C$
(6,053,408.30 Col$)
831.46 C$
(2,368,689.03 Col$)
     -60.9 %
Buy Apartment Price
Montreal Edit Bogota Edit
Price per Square Feet to Buy Apartment in City Centre 951.88 C$
(2,711,738.99 Col$)
245.95 C$
(700,681.01 Col$)
     -74.2 %
Price per Square Feet to Buy Apartment Outside of Centre 543.74 C$
(1,549,018.45 Col$)
177.42 C$
(505,452.65 Col$)
     -67.4 %
Salaries And Financing
Montreal Edit Bogota Edit
Average Monthly Net Salary (After Tax) 3,738.21 C$
(10,649,567.36 Col$)
516.32 C$
(1,470,913.59 Col$)
     -86.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.36 13.78      +116.7 %
Last update: April 2024April 2024
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