Cost of Living Comparison Between Bogota and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 64.3% higher than in Bogota (without rent) | |
| Consumer Prices Including Rent in Madrid are 95.8% higher than in Bogota | |
| Rent Prices in Madrid are 199.0% higher than in Bogota | |
| Restaurant Prices in Madrid are 126.9% higher than in Bogota | |
| Groceries Prices in Madrid are 54.7% higher than in Bogota | |
| Local Purchasing Power in Madrid is 258.8% higher than in Bogota | |
Restaurants | Bogota Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20,000.00 Col$ (4.78 €) |
58,584.02 Col$ (14.00 €) |
+192.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (26.29 €) |
251,074.35 Col$ (60.00 €) |
+128.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
28,000.00 Col$ (6.69 €) |
37,661.15 Col$ (9.00 €) |
+34.5 % |
| Domestic Beer (1 pint draught) |
4,750.00 Col$ (1.14 €) |
14,646.00 Col$ (3.50 €) |
+208.3 % |
| Imported Beer (12 oz small bottle) |
10,000.00 Col$ (2.39 €) |
14,646.00 Col$ (3.50 €) |
+46.5 % |
| Cappuccino (regular) |
6,167.18 Col$ (1.47 €) |
9,946.26 Col$ (2.38 €) |
+61.3 % |
| Coke/Pepsi (12 oz small bottle) |
3,358.40 Col$ (0.80 €) |
10,090.05 Col$ (2.41 €) |
+200.4 % |
| Water (12 oz small bottle) |
2,496.05 Col$ (0.60 €) |
6,585.47 Col$ (1.57 €) |
+163.8 % |
Markets | Bogota Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
20,103.61 Col$ (4.80 €) |
16,869.96 Col$ (4.03 €) |
-16.1 % |
| Loaf of Fresh White Bread (1 lb) |
5,041.39 Col$ (1.20 €) |
5,761.77 Col$ (1.38 €) |
+14.3 % |
| Rice (white), (1 lb) |
2,396.40 Col$ (0.57 €) |
2,764.02 Col$ (0.66 €) |
+15.3 % |
| Eggs (regular) (12) |
9,102.10 Col$ (2.18 €) |
11,635.97 Col$ (2.78 €) |
+27.8 % |
| Local Cheese (1 lb) |
8,095.63 Col$ (1.93 €) |
25,355.24 Col$ (6.06 €) |
+213.2 % |
| Chicken Fillets (1 lb) |
9,594.47 Col$ (2.29 €) |
14,483.04 Col$ (3.46 €) |
+51.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
14,174.67 Col$ (3.39 €) |
26,471.19 Col$ (6.33 €) |
+86.7 % |
| Apples (1 lb) |
4,596.82 Col$ (1.10 €) |
4,290.45 Col$ (1.03 €) |
-6.7 % |
| Banana (1 lb) |
2,155.89 Col$ (0.52 €) |
3,429.00 Col$ (0.82 €) |
+59.1 % |
| Oranges (1 lb) |
2,306.33 Col$ (0.55 €) |
3,370.87 Col$ (0.81 €) |
+46.2 % |
| Tomato (1 lb) |
2,521.64 Col$ (0.60 €) |
4,320.62 Col$ (1.03 €) |
+71.3 % |
| Potato (1 lb) |
1,850.19 Col$ (0.44 €) |
2,688.46 Col$ (0.64 €) |
+45.3 % |
| Onion (1 lb) |
1,936.02 Col$ (0.46 €) |
2,875.20 Col$ (0.69 €) |
+48.5 % |
| Lettuce (1 head) |
3,240.91 Col$ (0.77 €) |
5,005.99 Col$ (1.20 €) |
+54.5 % |
| Water (1.5 liter bottle) |
3,093.33 Col$ (0.74 €) |
3,652.98 Col$ (0.87 €) |
+18.1 % |
| Bottle of Wine (Mid-Range) |
35,000.00 Col$ (8.36 €) |
25,107.44 Col$ (6.00 €) |
-28.3 % |
| Domestic Beer (0.5 liter bottle) |
4,216.45 Col$ (1.01 €) |
5,096.15 Col$ (1.22 €) |
+20.9 % |
| Imported Beer (12 oz small bottle) |
7,903.85 Col$ (1.89 €) |
7,346.44 Col$ (1.76 €) |
-7.1 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (2.15 €) |
23,642.83 Col$ (5.65 €) |
+162.7 % |
Transportation | Bogota Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
3,000.00 Col$ (0.72 €) |
6,276.86 Col$ (1.50 €) |
+109.2 % |
| Monthly Pass (Regular Price) |
150,000.00 Col$ (35.85 €) |
167,382.90 Col$ (40.00 €) |
+11.6 % |
| Taxi Start (Normal Tariff) |
5,500.00 Col$ (1.31 €) |
12,553.72 Col$ (3.00 €) |
+128.2 % |
| Taxi 1 mile (Normal Tariff) |
9,849.19 Col$ (2.35 €) |
8,081.30 Col$ (1.93 €) |
-17.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
21,500.00 Col$ (5.14 €) |
92,060.60 Col$ (22.00 €) |
+328.2 % |
| Gasoline (1 gallon) |
14,590.25 Col$ (3.49 €) |
26,069.44 Col$ (6.23 €) |
+78.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
65,000,000.00 Col$ (15,533.25 €) |
139,618,263.51 Col$ (33,365.00 €) |
+114.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
93,323,529.41 Col$ (22,301.81 €) |
115,576,792.94 Col$ (27,619.74 €) |
+23.8 % |
Utilities (Monthly) | Bogota Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
400,597.46 Col$ (95.73 €) |
592,924.45 Col$ (141.69 €) |
+48.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
40,266.67 Col$ (9.62 €) |
58,726.90 Col$ (14.03 €) |
+45.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
107,028.08 Col$ (25.58 €) |
125,106.92 Col$ (29.90 €) |
+16.9 % |
Sports And Leisure | Bogota Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
90,782.05 Col$ (21.69 €) |
184,320.46 Col$ (44.05 €) |
+103.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
36,944.44 Col$ (8.83 €) |
42,851.37 Col$ (10.24 €) |
+16.0 % |
| Cinema, International Release, 1 Seat |
20,000.00 Col$ (4.78 €) |
41,845.73 Col$ (10.00 €) |
+109.2 % |
Childcare | Bogota Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
889,192.31 Col$ (212.49 €) |
2,061,320.44 Col$ (492.60 €) |
+131.8 % |
| International Primary School, Yearly for 1 Child |
28,562,500.00 Col$ (6,825.67 €) |
36,196,552.65 Col$ (8,650.00 €) |
+26.7 % |
Clothing And Shoes | Bogota Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
211,261.39 Col$ (50.49 €) |
288,784.16 Col$ (69.01 €) |
+36.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
168,892.14 Col$ (40.36 €) |
117,332.11 Col$ (28.04 €) |
-30.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
343,112.47 Col$ (81.99 €) |
318,724.94 Col$ (76.17 €) |
-7.1 % |
| 1 Pair of Men Leather Business Shoes |
291,214.87 Col$ (69.59 €) |
344,988.12 Col$ (82.44 €) |
+18.5 % |
Rent Per Month | Bogota Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
1,780,166.68 Col$ (425.41 €) |
5,219,047.18 Col$ (1,247.21 €) |
+193.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,225,616.33 Col$ (292.89 €) |
3,772,947.26 Col$ (901.63 €) |
+207.8 % |
| Apartment (3 bedrooms) in City Centre |
2,774,101.32 Col$ (662.94 €) |
8,968,665.61 Col$ (2,143.27 €) |
+223.3 % |
| Apartment (3 bedrooms) Outside of Centre |
2,369,649.67 Col$ (566.28 €) |
6,410,409.03 Col$ (1,531.91 €) |
+170.5 % |
Buy Apartment Price | Bogota Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
700,681.01 Col$ (167.44 €) |
1,750,429.96 Col$ (418.31 €) |
+149.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
507,090.30 Col$ (121.18 €) |
997,645.79 Col$ (238.41 €) |
+96.7 % |
Salaries And Financing | Bogota Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
1,446,670.87 Col$ (345.72 €) |
10,162,172.36 Col$ (2,428.49 €) |
+602.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.78 | 2.54 | -81.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 189 | 533 |
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 |