Cost of Living Comparison Between Madrid and Bogota 
| Indices Difference |  |
|---|---|
| Cost of Living in Bogota is 41.5% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Bogota is 51.1% lower than in Madrid | |
| Rent Prices in Bogota are 68.3% lower than in Madrid | |
| Restaurant Prices in Bogota are 57.4% lower than in Madrid | |
| Groceries Prices in Bogota are 37.2% lower than in Madrid | |
| Local Purchasing Power in Bogota is 67.6% lower than in Madrid | |
Restaurants | Madrid Edit |
Bogota Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (62,890.04 Col$) |
4.77 € (20,000.00 Col$) |
-68.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (251,560.17 Col$) |
26.24 € (110,000.00 Col$) |
-56.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (41,926.70 Col$) |
7.16 € (30,000.00 Col$) |
-28.4 % |
| Domestic Beer (0.5 liter draught) |
3.50 € (14,674.34 Col$) |
1.07 € (4,500.00 Col$) |
-69.3 % |
| Imported Beer (0.33 liter bottle) |
4.00 € (16,770.68 Col$) |
2.39 € (10,000.00 Col$) |
-40.4 % |
| Cappuccino (regular) |
2.41 € (10,121.88 Col$) |
1.49 € (6,239.83 Col$) |
-38.4 % |
| Coke/Pepsi (0.33 liter bottle) |
2.54 € (10,645.98 Col$) |
0.80 € (3,351.14 Col$) |
-68.5 % |
| Water (0.33 liter bottle) |
1.66 € (6,951.00 Col$) |
0.60 € (2,511.18 Col$) |
-63.9 % |
Markets | Madrid Edit |
Bogota Edit | |
| Milk (regular), (1 liter) |
1.06 € (4,431.25 Col$) |
1.27 € (5,310.81 Col$) |
+19.8 % |
| Loaf of Fresh White Bread (500g) |
1.54 € (6,470.13 Col$) |
1.33 € (5,556.35 Col$) |
-14.1 % |
| Rice (white), (1kg) |
1.46 € (6,116.96 Col$) |
1.26 € (5,283.16 Col$) |
-13.6 % |
| Eggs (regular) (12) |
2.81 € (11,796.31 Col$) |
2.20 € (9,223.91 Col$) |
-21.8 % |
| Local Cheese (1kg) |
14.35 € (60,183.45 Col$) |
4.26 € (17,847.79 Col$) |
-70.3 % |
| Chicken Fillets (1kg) |
7.81 € (32,726.58 Col$) |
5.05 € (21,152.16 Col$) |
-35.4 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) |
14.26 € (59,775.73 Col$) |
7.45 € (31,249.77 Col$) |
-47.7 % |
| Apples (1kg) |
2.31 € (9,691.52 Col$) |
2.42 € (10,133.27 Col$) |
+4.6 % |
| Banana (1kg) |
1.83 € (7,675.48 Col$) |
1.13 € (4,752.92 Col$) |
-38.1 % |
| Oranges (1kg) |
1.95 € (8,164.27 Col$) |
1.21 € (5,083.38 Col$) |
-37.7 % |
| Tomato (1kg) |
2.25 € (9,427.06 Col$) |
1.33 € (5,559.26 Col$) |
-41.0 % |
| Potato (1kg) |
1.50 € (6,282.02 Col$) |
0.97 € (4,078.96 Col$) |
-35.1 % |
| Onion (1kg) |
1.54 € (6,448.73 Col$) |
1.02 € (4,268.18 Col$) |
-33.8 % |
| Lettuce (1 head) |
1.19 € (5,006.05 Col$) |
0.77 € (3,240.91 Col$) |
-35.3 % |
| Water (1.5 liter bottle) |
0.89 € (3,734.83 Col$) |
0.74 € (3,093.33 Col$) |
-17.2 % |
| Bottle of Wine (Mid-Range) |
6.00 € (25,156.02 Col$) |
8.35 € (35,000.00 Col$) |
+39.1 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (5,119.97 Col$) |
1.01 € (4,216.45 Col$) |
-17.6 % |
| Imported Beer (0.33 liter bottle) |
1.93 € (8,104.08 Col$) |
1.89 € (7,903.85 Col$) |
-2.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (23,583.77 Col$) |
2.15 € (9,000.00 Col$) |
-61.8 % |
Transportation | Madrid Edit |
Bogota Edit | |
| One-way Ticket (Local Transport) |
1.50 € (6,289.00 Col$) |
0.72 € (3,000.00 Col$) |
-52.3 % |
| Monthly Pass (Regular Price) |
52.00 € (218,018.82 Col$) |
35.78 € (150,000.00 Col$) |
-31.2 % |
| Taxi Start (Normal Tariff) |
3.12 € (13,102.09 Col$) |
1.31 € (5,500.00 Col$) |
-58.0 % |
| Taxi 1km (Normal Tariff) |
1.30 € (5,450.47 Col$) |
1.46 € (6,120.00 Col$) |
+12.3 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.25 € (93,286.90 Col$) |
5.13 € (21,500.00 Col$) |
-77.0 % |
| Gasoline (1 liter) |
1.65 € (6,937.65 Col$) |
0.92 € (3,854.34 Col$) |
-44.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (139,888,419.76 Col$) |
15,503.25 € (65,000,000.00 Col$) |
-53.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (115,800,429.82 Col$) |
22,258.74 € (93,323,529.41 Col$) |
-19.4 % |
Utilities (Monthly) | Madrid Edit |
Bogota Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment |
145.88 € (611,641.64 Col$) |
96.55 € (404,805.25 Col$) |
-33.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.14 € (63,477.02 Col$) |
9.52 € (39,933.33 Col$) |
-37.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.64 € (128,457.57 Col$) |
25.46 € (106,763.04 Col$) |
-16.9 % |
Sports And Leisure | Madrid Edit |
Bogota Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.88 € (188,171.00 Col$) |
21.47 € (90,013.33 Col$) |
-52.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.75 € (53,456.54 Col$) |
8.81 € (36,944.44 Col$) |
-30.9 % |
| Cinema, International Release, 1 Seat |
10.00 € (41,926.70 Col$) |
4.77 € (20,000.00 Col$) |
-52.3 % |
Childcare | Madrid Edit |
Bogota Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (2,124,285.91 Col$) |
212.08 € (889,192.31 Col$) |
-58.1 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (38,632,455.20 Col$) |
6,812.49 € (28,562,500.00 Col$) |
-26.1 % |
Clothing And Shoes | Madrid Edit |
Bogota Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.66 € (333,976.08 Col$) |
51.65 € (216,570.86 Col$) |
-35.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.45 € (136,069.91 Col$) |
40.28 € (168,869.95 Col$) |
+24.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
81.33 € (341,003.79 Col$) |
81.82 € (343,037.21 Col$) |
+0.6 % |
| 1 Pair of Men Leather Business Shoes |
93.43 € (391,715.13 Col$) |
70.40 € (295,179.84 Col$) |
-24.6 % |
Rent Per Month | Madrid Edit |
Bogota Edit | |
| Apartment (1 bedroom) in City Centre |
1,308.16 € (5,484,696.30 Col$) |
422.24 € (1,770,329.25 Col$) |
-67.7 % |
| Apartment (1 bedroom) Outside of Centre |
944.22 € (3,958,811.77 Col$) |
290.44 € (1,217,723.54 Col$) |
-69.2 % |
| Apartment (3 bedrooms) in City Centre |
2,257.29 € (9,464,078.05 Col$) |
672.58 € (2,819,907.58 Col$) |
-70.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,638.37 € (6,869,152.80 Col$) |
566.33 € (2,374,446.67 Col$) |
-65.4 % |
Buy Apartment Price | Madrid Edit |
Bogota Edit | |
| Price per Square Meter to Buy Apartment in City Centre |
4,981.34 € (20,885,128.29 Col$) |
1,798.08 € (7,538,760.00 Col$) |
-63.9 % |
| Price per Square Meter to Buy Apartment Outside of Centre |
2,808.08 € (11,773,338.63 Col$) |
1,306.84 € (5,479,153.85 Col$) |
-53.5 % |
Salaries And Financing | Madrid Edit |
Bogota Edit | |
| Average Monthly Net Salary (After Tax) |
2,180.20 € (9,140,864.01 Col$) |
345.57 € (1,448,870.34 Col$) |
-84.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.96 | 13.78 | +365.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 519 | 194 |
Moving to Madrid? Explore:
Moving to Bogota? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 13.90 km |
| Cost of Living in Getafe | 14.55 km |
| Cost of Living in Coslada | 14.76 km |
| Cost of Living in La Moraleja | 17.81 km |
| Cost of Living in Rivas-Vaciamadrid | 20.59 km |
| Cost of Living in Fuenlabrada | 24.60 km |
| Cost of Living in Mostoles | 24.69 km |
| Cost of Living in Alcala de Henares | 33.06 km |
| Cost of Living in Soto del Real | 43.29 km |
| Cost of Living in Aranjuez | 48.94 km |
Cities near Bogota: | Cost of Living in Villavicencio | 109.15 km |
| Cost of Living in Manizales | 307.26 km |