Cost of Living Comparison Between Miami, FL and Bogota 

Indices DifferenceInfo
Consumer Prices in Bogota are 58.5% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Bogota are 70.4% lower than in Miami, FL
Rent Prices in Bogota are 84.7% lower than in Miami, FL
Restaurant Prices in Bogota are 71.6% lower than in Miami, FL
Groceries Prices in Bogota are 57.1% lower than in Miami, FL
Local Purchasing Power in Bogota is 69.6% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Bogota Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(95,670.97 Col$)
5.23 $
(20,000.00 Col$)
     -79.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(382,683.90 Col$)
28.74 $
(110,000.00 Col$)
     -71.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(45,922.07 Col$)
7.84 $
(30,000.00 Col$)
     -34.7 %
Domestic Beer (1 pint draught) 7.00 $
(26,787.87 Col$)
1.18 $
(4,500.00 Col$)
     -83.2 %
Imported Beer (12 oz small bottle) 8.00 $
(30,614.71 Col$)
2.61 $
(10,000.00 Col$)
     -67.3 %
Cappuccino (regular) 4.89 $
(18,709.91 Col$)
1.63 $
(6,238.31 Col$)
     -66.7 %
Coke/Pepsi (12 oz small bottle) 2.79 $
(10,695.18 Col$)
0.88 $
(3,350.14 Col$)
     -68.7 %
Water (12 oz small bottle) 2.23 $
(8,550.49 Col$)
0.66 $
(2,510.51 Col$)
     -70.6 %
Markets
Miami, FL Edit Bogota Edit
Milk (regular), (1 gallon) 4.33 $
(16,556.44 Col$)
5.25 $
(20,103.61 Col$)
     +21.4 %
Loaf of Fresh White Bread (1 lb) 3.26 $
(12,486.22 Col$)
1.32 $
(5,039.92 Col$)
     -59.6 %
Rice (white), (1 lb) 2.09 $
(7,998.76 Col$)
0.63 $
(2,396.40 Col$)
     -70.0 %
Eggs (regular) (12) 4.09 $
(15,642.20 Col$)
2.41 $
(9,223.91 Col$)
     -41.0 %
Local Cheese (1 lb) 6.07 $
(23,246.60 Col$)
2.12 $
(8,095.63 Col$)
     -65.2 %
Chicken Fillets (1 lb) 5.30 $
(20,291.10 Col$)
2.51 $
(9,594.47 Col$)
     -52.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.25 $
(27,729.31 Col$)
3.70 $
(14,174.67 Col$)
     -48.9 %
Apples (1 lb) 2.88 $
(11,026.91 Col$)
1.20 $
(4,595.95 Col$)
     -58.3 %
Banana (1 lb) 0.83 $
(3,160.07 Col$)
0.56 $
(2,155.89 Col$)
     -31.8 %
Oranges (1 lb) 1.98 $
(7,593.71 Col$)
0.60 $
(2,305.26 Col$)
     -69.6 %
Tomato (1 lb) 2.23 $
(8,533.86 Col$)
0.66 $
(2,521.64 Col$)
     -70.5 %
Potato (1 lb) 1.14 $
(4,359.12 Col$)
0.48 $
(1,850.19 Col$)
     -57.6 %
Onion (1 lb) 1.47 $
(5,613.69 Col$)
0.51 $
(1,936.02 Col$)
     -65.5 %
Lettuce (1 head) 2.74 $
(10,470.82 Col$)
0.85 $
(3,240.91 Col$)
     -69.0 %
Water (1.5 liter bottle) 2.24 $
(8,556.17 Col$)
0.81 $
(3,093.33 Col$)
     -63.8 %
Bottle of Wine (Mid-Range) 13.00 $
(49,748.91 Col$)
9.15 $
(35,000.00 Col$)
     -29.6 %
Domestic Beer (0.5 liter bottle) 2.03 $
(7,786.25 Col$)
1.10 $
(4,216.45 Col$)
     -45.8 %
Imported Beer (12 oz small bottle) 2.53 $
(9,690.41 Col$)
2.07 $
(7,903.85 Col$)
     -18.4 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(36,163.63 Col$)
2.35 $
(9,000.00 Col$)
     -75.1 %
Transportation
Miami, FL Edit Bogota Edit
One-way Ticket (Local Transport) 2.25 $
(8,610.39 Col$)
0.78 $
(3,000.00 Col$)
     -65.2 %
Monthly Pass (Regular Price) 113.75 $
(435,302.94 Col$)
39.20 $
(150,000.00 Col$)
     -65.5 %
Taxi Start (Normal Tariff) 2.98 $
(11,384.85 Col$)
1.44 $
(5,500.00 Col$)
     -51.7 %
Taxi 1 mile (Normal Tariff) 2.10 $
(8,036.36 Col$)
2.57 $
(9,849.19 Col$)
     +22.6 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(91,844.14 Col$)
5.62 $
(21,500.00 Col$)
     -76.6 %
Gasoline (1 gallon) 3.49 $
(13,373.19 Col$)
3.81 $
(14,590.25 Col$)
     +9.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(133,939,364.65 Col$)
16,985.30 $
(65,000,000.00 Col$)
     -51.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(95,499,512.63 Col$)
24,386.58 $
(93,323,529.41 Col$)
     -2.3 %
Utilities (Monthly)
Miami, FL Edit Bogota Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(647,493.89 Col$)
105.78 $
(404,805.25 Col$)
     -37.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.74 $
(236,256.95 Col$)
10.44 $
(39,933.33 Col$)
     -83.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.96 $
(240,937.78 Col$)
27.89 $
(106,741.09 Col$)
     -55.7 %
Sports And Leisure
Miami, FL Edit Bogota Edit
Fitness Club, Monthly Fee for 1 Adult 75.53 $
(289,053.91 Col$)
23.52 $
(90,013.33 Col$)
     -68.9 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $
(89,452.36 Col$)
9.65 $
(36,944.44 Col$)
     -58.7 %
Cinema, International Release, 1 Seat 15.00 $
(57,402.58 Col$)
5.23 $
(20,000.00 Col$)
     -65.2 %
Childcare
Miami, FL Edit Bogota Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(4,448,700.33 Col$)
232.36 $
(889,192.31 Col$)
     -80.0 %
International Primary School, Yearly for 1 Child 28,333.33 $
(108,427,104.72 Col$)
7,463.73 $
(28,562,500.00 Col$)
     -73.7 %
Clothing And Shoes
Miami, FL Edit Bogota Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.29 $
(184,813.81 Col$)
56.58 $
(216,527.12 Col$)
     +17.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.00 $
(195,168.79 Col$)
44.12 $
(168,833.50 Col$)
     -13.5 %
1 Pair of Nike Running Shoes (Mid-Range) 80.75 $
(309,017.25 Col$)
89.61 $
(342,913.61 Col$)
     +11.0 %
1 Pair of Men Leather Business Shoes 98.33 $
(376,305.83 Col$)
77.11 $
(295,074.55 Col$)
     -21.6 %
Rent Per Month
Miami, FL Edit Bogota Edit
Apartment (1 bedroom) in City Centre 2,773.75 $
(10,614,694.65 Col$)
462.40 $
(1,769,539.52 Col$)
     -83.3 %
Apartment (1 bedroom) Outside of Centre 2,113.76 $
(8,089,033.36 Col$)
318.00 $
(1,216,953.52 Col$)
     -85.0 %
Apartment (3 bedrooms) in City Centre 5,358.34 $
(20,505,522.86 Col$)
736.73 $
(2,819,352.35 Col$)
     -86.3 %
Apartment (3 bedrooms) Outside of Centre 3,765.09 $
(14,408,404.37 Col$)
620.45 $
(2,374,356.45 Col$)
     -83.5 %
Buy Apartment Price
Miami, FL Edit Bogota Edit
Price per Square Feet to Buy Apartment in City Centre 591.38 $
(2,263,114.27 Col$)
183.01 $
(700,367.89 Col$)
     -69.1 %
Price per Square Feet to Buy Apartment Outside of Centre 363.60 $
(1,391,424.49 Col$)
133.01 $
(509,025.81 Col$)
     -63.4 %
Salaries And Financing
Miami, FL Edit Bogota Edit
Average Monthly Net Salary (After Tax) 4,206.58 $
(16,097,911.83 Col$)
378.46 $
(1,448,311.59 Col$)
     -91.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 13.78      +109.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:148194