Cost of Living Comparison Between Bogota and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 71.0% higher than in Bogota (without rent) | |
| Cost of Living Including Rent in Madrid is 104.7% higher than in Bogota | |
| Rent Prices in Madrid are 215.0% higher than in Bogota | |
| Restaurant Prices in Madrid are 135.0% higher than in Bogota | |
| Groceries Prices in Madrid are 59.3% higher than in Bogota | |
| Local Purchasing Power in Madrid is 208.3% higher than in Bogota | |
Restaurants | Bogota Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20,000.00 Col$ (4.77 €) |
62,890.04 Col$ (15.00 €) |
+214.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (26.24 €) |
251,560.17 Col$ (60.00 €) |
+128.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
30,000.00 Col$ (7.16 €) |
41,926.70 Col$ (10.00 €) |
+39.8 % |
| Domestic Beer (1 pint draught) |
4,500.00 Col$ (1.07 €) |
14,674.34 Col$ (3.50 €) |
+226.1 % |
| Imported Beer (12 oz small bottle) |
10,000.00 Col$ (2.39 €) |
16,770.68 Col$ (4.00 €) |
+67.7 % |
| Cappuccino (regular) |
6,239.83 Col$ (1.49 €) |
10,121.88 Col$ (2.41 €) |
+62.2 % |
| Coke/Pepsi (12 oz small bottle) |
3,351.14 Col$ (0.80 €) |
10,645.98 Col$ (2.54 €) |
+217.7 % |
| Water (12 oz small bottle) |
2,511.18 Col$ (0.60 €) |
6,951.00 Col$ (1.66 €) |
+176.8 % |
Markets | Bogota Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
20,103.61 Col$ (4.79 €) |
16,774.12 Col$ (4.00 €) |
-16.6 % |
| Loaf of Fresh White Bread (1 lb) |
5,040.64 Col$ (1.20 €) |
5,869.61 Col$ (1.40 €) |
+16.4 % |
| Rice (white), (1 lb) |
2,396.40 Col$ (0.57 €) |
2,774.61 Col$ (0.66 €) |
+15.8 % |
| Eggs (regular) (12) |
9,223.91 Col$ (2.20 €) |
11,796.31 Col$ (2.81 €) |
+27.9 % |
| Local Cheese (1 lb) |
8,095.63 Col$ (1.93 €) |
27,298.78 Col$ (6.51 €) |
+237.2 % |
| Chicken Fillets (1 lb) |
9,594.47 Col$ (2.29 €) |
14,844.55 Col$ (3.54 €) |
+54.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
14,174.67 Col$ (3.38 €) |
27,113.85 Col$ (6.47 €) |
+91.3 % |
| Apples (1 lb) |
4,596.38 Col$ (1.10 €) |
4,396.00 Col$ (1.05 €) |
-4.4 % |
| Banana (1 lb) |
2,155.89 Col$ (0.51 €) |
3,481.54 Col$ (0.83 €) |
+61.5 % |
| Oranges (1 lb) |
2,305.79 Col$ (0.55 €) |
3,703.26 Col$ (0.88 €) |
+60.6 % |
| Tomato (1 lb) |
2,521.64 Col$ (0.60 €) |
4,276.05 Col$ (1.02 €) |
+69.6 % |
| Potato (1 lb) |
1,850.19 Col$ (0.44 €) |
2,849.48 Col$ (0.68 €) |
+54.0 % |
| Onion (1 lb) |
1,936.02 Col$ (0.46 €) |
2,925.10 Col$ (0.70 €) |
+51.1 % |
| Lettuce (1 head) |
3,240.91 Col$ (0.77 €) |
5,006.05 Col$ (1.19 €) |
+54.5 % |
| Water (1.5 liter bottle) |
3,093.33 Col$ (0.74 €) |
3,734.83 Col$ (0.89 €) |
+20.7 % |
| Bottle of Wine (Mid-Range) |
35,000.00 Col$ (8.35 €) |
25,156.02 Col$ (6.00 €) |
-28.1 % |
| Domestic Beer (0.5 liter bottle) |
4,216.45 Col$ (1.01 €) |
5,119.97 Col$ (1.22 €) |
+21.4 % |
| Imported Beer (12 oz small bottle) |
7,903.85 Col$ (1.89 €) |
8,104.08 Col$ (1.93 €) |
+2.5 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (2.15 €) |
23,583.77 Col$ (5.62 €) |
+162.0 % |
Transportation | Bogota Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
3,000.00 Col$ (0.72 €) |
6,289.00 Col$ (1.50 €) |
+109.6 % |
| Monthly Pass (Regular Price) |
150,000.00 Col$ (35.78 €) |
218,018.82 Col$ (52.00 €) |
+45.3 % |
| Taxi Start (Normal Tariff) |
5,500.00 Col$ (1.31 €) |
13,102.09 Col$ (3.12 €) |
+138.2 % |
| Taxi 1 mile (Normal Tariff) |
9,849.19 Col$ (2.35 €) |
8,771.68 Col$ (2.09 €) |
-10.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
21,500.00 Col$ (5.13 €) |
93,286.90 Col$ (22.25 €) |
+333.9 % |
| Gasoline (1 gallon) |
14,590.25 Col$ (3.48 €) |
26,261.88 Col$ (6.26 €) |
+80.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
65,000,000.00 Col$ (15,503.25 €) |
139,888,419.76 Col$ (33,365.00 €) |
+115.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
93,323,529.41 Col$ (22,258.74 €) |
115,800,429.82 Col$ (27,619.74 €) |
+24.1 % |
Utilities (Monthly) | Bogota Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
404,805.25 Col$ (96.55 €) |
611,641.64 Col$ (145.88 €) |
+51.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
39,933.33 Col$ (9.52 €) |
63,477.02 Col$ (15.14 €) |
+59.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
106,763.04 Col$ (25.46 €) |
128,457.57 Col$ (30.64 €) |
+20.3 % |
Sports And Leisure | Bogota Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
90,013.33 Col$ (21.47 €) |
188,171.00 Col$ (44.88 €) |
+109.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
36,944.44 Col$ (8.81 €) |
53,456.54 Col$ (12.75 €) |
+44.7 % |
| Cinema, International Release, 1 Seat |
20,000.00 Col$ (4.77 €) |
41,926.70 Col$ (10.00 €) |
+109.6 % |
Childcare | Bogota Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
889,192.31 Col$ (212.08 €) |
2,124,285.91 Col$ (506.67 €) |
+138.9 % |
| International Primary School, Yearly for 1 Child |
28,562,500.00 Col$ (6,812.49 €) |
38,632,455.20 Col$ (9,214.29 €) |
+35.3 % |
Clothing And Shoes | Bogota Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
216,570.86 Col$ (51.65 €) |
333,976.08 Col$ (79.66 €) |
+54.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
168,869.95 Col$ (40.28 €) |
136,069.91 Col$ (32.45 €) |
-19.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
343,037.21 Col$ (81.82 €) |
341,003.79 Col$ (81.33 €) |
-0.6 % |
| 1 Pair of Men Leather Business Shoes |
295,179.84 Col$ (70.40 €) |
391,715.13 Col$ (93.43 €) |
+32.7 % |
Rent Per Month | Bogota Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
1,770,329.25 Col$ (422.24 €) |
5,484,696.30 Col$ (1,308.16 €) |
+209.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,217,723.54 Col$ (290.44 €) |
3,958,811.77 Col$ (944.22 €) |
+225.1 % |
| Apartment (3 bedrooms) in City Centre |
2,819,907.58 Col$ (672.58 €) |
9,464,078.05 Col$ (2,257.29 €) |
+235.6 % |
| Apartment (3 bedrooms) Outside of Centre |
2,374,446.67 Col$ (566.33 €) |
6,869,152.80 Col$ (1,638.37 €) |
+189.3 % |
Buy Apartment Price | Bogota Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
700,367.89 Col$ (167.05 €) |
1,940,275.76 Col$ (462.78 €) |
+177.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
509,025.81 Col$ (121.41 €) |
1,093,769.85 Col$ (260.88 €) |
+114.9 % |
Salaries And Financing | Bogota Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
1,448,870.34 Col$ (345.57 €) |
9,140,864.01 Col$ (2,180.20 €) |
+530.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.78 | 2.96 | -78.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 194 | 519 |
Moving to Bogota? Explore:
Moving to Madrid? Explore:
Cities near Bogota: | Cost of Living in Villavicencio | 67.82 miles |
| Cost of Living in Manizales | 190.92 miles |
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 |