Cost of Living Comparison Between Medellin and Bogota 

Indices DifferenceInfo
Consumer Prices in Bogota are 5.1% lower than in Medellin (without rent)
Consumer Prices Including Rent in Bogota are 7.8% lower than in Medellin
Rent Prices in Bogota are 15.7% lower than in Medellin
Restaurant Prices in Bogota are 3.1% lower than in Medellin
Groceries Prices in Bogota are 4.6% lower than in Medellin
Local Purchasing Power in Bogota is 4.1% lower than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Bogota Edit Difference
Meal, Inexpensive Restaurant 22,000.00 Col$ 20,000.00 Col$      -9.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$ 110,000.00 Col$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 25,000.00 Col$ 28,000.00 Col$      +12.0 %
Domestic Beer (1 pint draught) 5,000.00 Col$ 4,750.00 Col$      -5.0 %
Imported Beer (12 oz small bottle) 12,000.00 Col$ 10,000.00 Col$      -16.7 %
Cappuccino (regular) 6,455.49 Col$ 6,222.83 Col$      -3.6 %
Coke/Pepsi (12 oz small bottle) 3,879.30 Col$ 3,360.63 Col$      -13.4 %
Water (12 oz small bottle) 2,838.66 Col$ 2,497.49 Col$      -12.0 %
Markets
Medellin Edit Bogota Edit
Milk (regular), (1 gallon) 16,958.65 Col$ 20,103.61 Col$      +18.5 %
Loaf of Fresh White Bread (1 lb) 4,659.29 Col$ 5,041.04 Col$      +8.2 %
Rice (white), (1 lb) 2,193.00 Col$ 2,396.40 Col$      +9.3 %
Eggs (regular) (12) 8,472.52 Col$ 9,102.10 Col$      +7.4 %
Local Cheese (1 lb) 9,057.93 Col$ 8,095.63 Col$      -10.6 %
Chicken Fillets (1 lb) 10,302.17 Col$ 9,594.47 Col$      -6.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,533.01 Col$ 14,174.67 Col$      -23.5 %
Apples (1 lb) 4,284.28 Col$ 4,596.61 Col$      +7.3 %
Banana (1 lb) 1,638.85 Col$ 2,155.89 Col$      +31.5 %
Oranges (1 lb) 2,271.26 Col$ 2,306.07 Col$      +1.5 %
Tomato (1 lb) 2,603.30 Col$ 2,521.64 Col$      -3.1 %
Potato (1 lb) 2,097.28 Col$ 1,850.19 Col$      -11.8 %
Onion (1 lb) 2,248.63 Col$ 1,936.02 Col$      -13.9 %
Lettuce (1 head) 3,401.05 Col$ 3,240.91 Col$      -4.7 %
Water (1.5 liter bottle) 3,347.31 Col$ 3,093.33 Col$      -7.6 %
Bottle of Wine (Mid-Range) 38,826.16 Col$ 35,000.00 Col$      -9.9 %
Domestic Beer (0.5 liter bottle) 4,471.28 Col$ 4,216.45 Col$      -5.7 %
Imported Beer (12 oz small bottle) 7,887.91 Col$ 7,903.85 Col$      +0.2 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$ 9,000.00 Col$      0.0 %
Transportation
Medellin Edit Bogota Edit
One-way Ticket (Local Transport) 2,925.00 Col$ 3,000.00 Col$      +2.6 %
Monthly Pass (Regular Price) 200,000.00 Col$ 150,000.00 Col$      -25.0 %
Taxi Start (Normal Tariff) 5,000.00 Col$ 5,500.00 Col$      +10.0 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$ 9,849.19 Col$      -23.5 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$ 21,500.00 Col$      -28.3 %
Gasoline (1 gallon) 14,719.98 Col$ 14,590.25 Col$      -0.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 78,000,000.00 Col$ 65,000,000.00 Col$      -16.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 110,452,208.94 Col$ 93,323,529.41 Col$      -15.5 %
Utilities (Monthly)
Medellin Edit Bogota Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 313,985.56 Col$ 400,597.46 Col$      +27.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,032.24 Col$ 40,266.67 Col$      +3.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 96,615.38 Col$ 107,017.02 Col$      +10.8 %
Sports And Leisure
Medellin Edit Bogota Edit
Fitness Club, Monthly Fee for 1 Adult 104,541.89 Col$ 90,782.05 Col$      -13.2 %
Tennis Court Rent (1 Hour on Weekend) 55,000.00 Col$ 36,944.44 Col$      -32.8 %
Cinema, International Release, 1 Seat 15,000.00 Col$ 20,000.00 Col$      +33.3 %
Childcare
Medellin Edit Bogota Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 920,000.00 Col$ 889,192.31 Col$      -3.3 %
International Primary School, Yearly for 1 Child 25,000,000.00 Col$ 28,562,500.00 Col$      +14.3 %
Clothing And Shoes
Medellin Edit Bogota Edit
1 Pair of Jeans (Levis 501 Or Similar) 213,901.62 Col$ 211,255.14 Col$      -1.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 155,625.00 Col$ 168,887.13 Col$      +8.5 %
1 Pair of Nike Running Shoes (Mid-Range) 345,714.29 Col$ 343,095.49 Col$      -0.8 %
1 Pair of Men Leather Business Shoes 336,020.12 Col$ 291,199.85 Col$      -13.3 %
Rent Per Month
Medellin Edit Bogota Edit
Apartment (1 bedroom) in City Centre 1,823,306.80 Col$ 1,780,404.46 Col$      -2.4 %
Apartment (1 bedroom) Outside of Centre 1,440,694.86 Col$ 1,225,418.27 Col$      -14.9 %
Apartment (3 bedrooms) in City Centre 3,357,638.87 Col$ 2,773,939.27 Col$      -17.4 %
Apartment (3 bedrooms) Outside of Centre 3,048,542.03 Col$ 2,369,414.87 Col$      -22.3 %
Buy Apartment Price
Medellin Edit Bogota Edit
Price per Square Feet to Buy Apartment in City Centre 645,263.03 Col$ 690,840.61 Col$      +7.1 %
Price per Square Feet to Buy Apartment Outside of Centre 556,413.11 Col$ 507,090.30 Col$      -8.9 %
Salaries And Financing
Medellin Edit Bogota Edit
Average Monthly Net Salary (After Tax) 1,637,787.88 Col$ 1,447,875.86 Col$      -11.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.55 13.78      -5.3 %
Last update: May 2024May 2024
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