Cost of Living Comparison Between Madrid and Bogota 
| Indices Difference |  |
|---|---|
| Consumer Prices in Bogota are 39.0% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Bogota are 48.9% lower than in Madrid | |
| Rent Prices in Bogota are 66.7% lower than in Madrid | |
| Restaurant Prices in Bogota are 55.9% lower than in Madrid | |
| Groceries Prices in Bogota are 35.3% lower than in Madrid | |
| Local Purchasing Power in Bogota is 72.0% lower than in Madrid | |
Restaurants | Madrid Edit |
Bogota Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (58,554.83 Col$) |
4.78 € (20,000.00 Col$) |
-65.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (250,949.27 Col$) |
26.30 € (110,000.00 Col$) |
-56.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.03 € (37,746.95 Col$) |
6.69 € (28,000.00 Col$) |
-25.8 % |
| Domestic Beer (1 pint draught) |
3.50 € (14,638.71 Col$) |
1.14 € (4,750.00 Col$) |
-67.6 % |
| Imported Beer (12 oz small bottle) |
3.50 € (14,638.71 Col$) |
2.39 € (10,000.00 Col$) |
-31.7 % |
| Cappuccino (regular) |
2.37 € (9,894.84 Col$) |
1.47 € (6,167.15 Col$) |
-37.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.42 € (10,129.13 Col$) |
0.80 € (3,358.38 Col$) |
-66.8 % |
| Water (12 oz small bottle) |
1.57 € (6,582.19 Col$) |
0.60 € (2,496.04 Col$) |
-62.1 % |
Markets | Madrid Edit |
Bogota Edit | |
| Milk (regular), (1 gallon) |
4.02 € (16,797.47 Col$) |
4.81 € (20,103.61 Col$) |
+19.7 % |
| Loaf of Fresh White Bread (1 lb) |
1.38 € (5,758.89 Col$) |
1.21 € (5,041.59 Col$) |
-12.5 % |
| Rice (white), (1 lb) |
0.66 € (2,762.64 Col$) |
0.57 € (2,396.40 Col$) |
-13.3 % |
| Eggs (regular) (12) |
2.77 € (11,605.39 Col$) |
2.18 € (9,102.10 Col$) |
-21.6 % |
| Local Cheese (1 lb) |
6.06 € (25,342.61 Col$) |
1.94 € (8,095.63 Col$) |
-68.1 % |
| Chicken Fillets (1 lb) |
3.46 € (14,475.82 Col$) |
2.29 € (9,594.47 Col$) |
-33.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.33 € (26,458.00 Col$) |
3.39 € (14,174.67 Col$) |
-46.4 % |
| Apples (1 lb) |
1.02 € (4,269.31 Col$) |
1.10 € (4,596.94 Col$) |
+7.7 % |
| Banana (1 lb) |
0.82 € (3,427.29 Col$) |
0.52 € (2,155.89 Col$) |
-37.1 % |
| Oranges (1 lb) |
0.80 € (3,352.84 Col$) |
0.55 € (2,306.47 Col$) |
-31.2 % |
| Tomato (1 lb) |
1.04 € (4,338.63 Col$) |
0.60 € (2,521.64 Col$) |
-41.9 % |
| Potato (1 lb) |
0.64 € (2,687.12 Col$) |
0.44 € (1,850.19 Col$) |
-31.1 % |
| Onion (1 lb) |
0.69 € (2,873.77 Col$) |
0.46 € (1,936.02 Col$) |
-32.6 % |
| Lettuce (1 head) |
1.20 € (5,003.49 Col$) |
0.77 € (3,240.91 Col$) |
-35.2 % |
| Water (1.5 liter bottle) |
0.87 € (3,651.16 Col$) |
0.74 € (3,093.33 Col$) |
-15.3 % |
| Bottle of Wine (Mid-Range) |
6.00 € (25,094.93 Col$) |
8.37 € (35,000.00 Col$) |
+39.5 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (5,093.61 Col$) |
1.01 € (4,216.45 Col$) |
-17.2 % |
| Imported Beer (12 oz small bottle) |
1.76 € (7,342.78 Col$) |
1.89 € (7,903.85 Col$) |
+7.6 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (23,631.06 Col$) |
2.15 € (9,000.00 Col$) |
-61.9 % |
Transportation | Madrid Edit |
Bogota Edit | |
| One-way Ticket (Local Transport) |
1.50 € (6,273.73 Col$) |
0.72 € (3,000.00 Col$) |
-52.2 % |
| Monthly Pass (Regular Price) |
40.00 € (167,299.52 Col$) |
35.86 € (150,000.00 Col$) |
-10.3 % |
| Taxi Start (Normal Tariff) |
3.00 € (12,547.46 Col$) |
1.32 € (5,500.00 Col$) |
-56.2 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (8,077.28 Col$) |
2.35 € (9,849.19 Col$) |
+21.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (92,014.73 Col$) |
5.14 € (21,500.00 Col$) |
-76.6 % |
| Gasoline (1 gallon) |
6.23 € (26,056.45 Col$) |
3.49 € (14,590.25 Col$) |
-44.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (139,548,709.20 Col$) |
15,540.99 € (65,000,000.00 Col$) |
-53.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (115,519,215.49 Col$) |
22,312.92 € (93,323,529.41 Col$) |
-19.2 % |
Utilities (Monthly) | Madrid Edit |
Bogota Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
141.26 € (590,838.86 Col$) |
95.78 € (400,597.46 Col$) |
-32.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.76 € (57,551.03 Col$) |
9.63 € (40,266.67 Col$) |
-30.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.63 € (123,932.62 Col$) |
25.59 € (107,034.32 Col$) |
-13.6 % |
Sports And Leisure | Madrid Edit |
Bogota Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.57 € (182,236.97 Col$) |
21.71 € (90,782.05 Col$) |
-50.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.91 € (41,469.37 Col$) |
8.83 € (36,944.44 Col$) |
-10.9 % |
| Cinema, International Release, 1 Seat |
10.00 € (41,824.88 Col$) |
4.78 € (20,000.00 Col$) |
-52.2 % |
Childcare | Madrid Edit |
Bogota Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
491.92 € (2,057,462.32 Col$) |
212.60 € (889,192.31 Col$) |
-56.8 % |
| International Primary School, Yearly for 1 Child |
8,661.90 € (36,228,311.97 Col$) |
6,829.07 € (28,562,500.00 Col$) |
-21.2 % |
Clothing And Shoes | Madrid Edit |
Bogota Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.75 € (287,546.04 Col$) |
50.51 € (211,256.88 Col$) |
-26.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.96 € (116,947.72 Col$) |
40.38 € (168,888.53 Col$) |
+44.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
75.79 € (316,986.11 Col$) |
82.03 € (343,100.22 Col$) |
+8.2 % |
| 1 Pair of Men Leather Business Shoes |
84.43 € (353,112.69 Col$) |
69.62 € (291,204.04 Col$) |
-17.5 % |
Rent Per Month | Madrid Edit |
Bogota Edit | |
| Apartment (1 bedroom) in City Centre |
1,252.06 € (5,236,720.90 Col$) |
425.57 € (1,779,951.74 Col$) |
-66.0 % |
| Apartment (1 bedroom) Outside of Centre |
905.83 € (3,788,636.97 Col$) |
292.99 € (1,225,412.56 Col$) |
-67.7 % |
| Apartment (3 bedrooms) in City Centre |
2,146.08 € (8,975,947.10 Col$) |
663.20 € (2,773,808.04 Col$) |
-69.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,542.55 € (6,451,710.08 Col$) |
566.49 € (2,369,328.04 Col$) |
-63.3 % |
Buy Apartment Price | Madrid Edit |
Bogota Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
418.31 € (1,749,557.94 Col$) |
167.53 € (700,681.01 Col$) |
-60.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
238.41 € (997,148.79 Col$) |
121.24 € (507,090.30 Col$) |
-49.1 % |
Salaries And Financing | Madrid Edit |
Bogota Edit | |
| Average Monthly Net Salary (After Tax) |
2,419.86 € (10,121,053.89 Col$) |
345.88 € (1,446,658.19 Col$) |
-85.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.51 | 13.78 | +449.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 531 | 189 |
Moving to Madrid? Explore:
Moving to Bogota? Explore:
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 |
Cities near Bogota: | Cost of Living in Villavicencio | 67.82 miles |
| Cost of Living in Manizales | 190.92 miles |