Cost of Living Comparison Between Italy and Colombia 
| Indices Difference |  |
|---|---|
| Consumer Prices in Colombia are 46.3% lower than in Italy (without rent) | |
| Consumer Prices Including Rent in Colombia are 48.1% lower than in Italy | |
| Rent Prices in Colombia are 53.8% lower than in Italy | |
| Restaurant Prices in Colombia are 61.0% lower than in Italy | |
| Groceries Prices in Colombia are 44.2% lower than in Italy | |
| Local Purchasing Power in Colombia is 56.3% lower than in Italy | |
Restaurants | Italy Edit |
Colombia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (62,768.59 Col$) |
4.30 € (18,000.00 Col$) |
-71.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (251,074.35 Col$) |
23.90 € (100,000.00 Col$) |
-60.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (41,845.73 Col$) |
6.09 € (25,500.00 Col$) |
-39.1 % |
| Domestic Beer (1 pint draught) |
5.00 € (20,922.86 Col$) |
1.19 € (5,000.00 Col$) |
-76.1 % |
| Imported Beer (12 oz small bottle) |
5.00 € (20,922.86 Col$) |
2.27 € (9,500.00 Col$) |
-54.6 % |
| Cappuccino (regular) |
1.59 € (6,658.92 Col$) |
1.44 € (6,032.76 Col$) |
-9.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.43 € (10,180.78 Col$) |
0.79 € (3,288.91 Col$) |
-67.7 % |
| Water (12 oz small bottle) |
1.13 € (4,717.39 Col$) |
0.59 € (2,468.24 Col$) |
-47.7 % |
Markets | Italy Edit |
Colombia Edit | |
| Milk (regular), (1 gallon) |
5.52 € (23,094.09 Col$) |
4.26 € (17,838.24 Col$) |
-22.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.81 € (7,589.99 Col$) |
1.18 € (4,939.24 Col$) |
-34.9 % |
| Rice (white), (1 lb) |
1.17 € (4,901.31 Col$) |
0.53 € (2,197.78 Col$) |
-55.2 % |
| Eggs (regular) (12) |
3.39 € (14,192.17 Col$) |
2.06 € (8,636.53 Col$) |
-39.1 % |
| Local Cheese (1 lb) |
6.00 € (25,093.07 Col$) |
2.05 € (8,594.00 Col$) |
-65.8 % |
| Chicken Fillets (1 lb) |
4.87 € (20,363.93 Col$) |
2.29 € (9,565.80 Col$) |
-53.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.79 € (32,606.78 Col$) |
3.57 € (14,930.30 Col$) |
-54.2 % |
| Apples (1 lb) |
0.92 € (3,862.78 Col$) |
1.07 € (4,484.90 Col$) |
+16.1 % |
| Banana (1 lb) |
0.85 € (3,538.16 Col$) |
0.45 € (1,893.76 Col$) |
-46.5 % |
| Oranges (1 lb) |
1.02 € (4,251.98 Col$) |
0.56 € (2,357.51 Col$) |
-44.6 % |
| Tomato (1 lb) |
1.26 € (5,281.02 Col$) |
0.57 € (2,388.64 Col$) |
-54.8 % |
| Potato (1 lb) |
0.72 € (2,997.16 Col$) |
0.47 € (1,972.18 Col$) |
-34.2 % |
| Onion (1 lb) |
0.67 € (2,818.72 Col$) |
0.49 € (2,061.08 Col$) |
-26.9 % |
| Lettuce (1 head) |
1.30 € (5,425.41 Col$) |
0.77 € (3,217.23 Col$) |
-40.7 % |
| Water (1.5 liter bottle) |
0.44 € (1,823.92 Col$) |
0.74 € (3,105.67 Col$) |
+70.3 % |
| Bottle of Wine (Mid-Range) |
6.00 € (25,107.44 Col$) |
8.36 € (35,000.00 Col$) |
+39.4 % |
| Domestic Beer (0.5 liter bottle) |
1.50 € (6,270.49 Col$) |
0.99 € (4,161.82 Col$) |
-33.6 % |
| Imported Beer (12 oz small bottle) |
2.04 € (8,553.97 Col$) |
1.71 € (7,162.47 Col$) |
-16.3 % |
| Cigarettes 20 Pack (Marlboro) |
6.00 € (25,107.44 Col$) |
2.27 € (9,500.00 Col$) |
-62.2 % |
Transportation | Italy Edit |
Colombia Edit | |
| One-way Ticket (Local Transport) |
1.70 € (7,113.77 Col$) |
0.69 € (2,900.00 Col$) |
-59.2 % |
| Monthly Pass (Regular Price) |
35.00 € (146,460.04 Col$) |
33.93 € (142,000.00 Col$) |
-3.0 % |
| Taxi Start (Normal Tariff) |
5.00 € (20,922.86 Col$) |
1.43 € (6,000.00 Col$) |
-71.3 % |
| Taxi 1 mile (Normal Tariff) |
2.41 € (10,101.63 Col$) |
2.69 € (11,265.41 Col$) |
+11.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
29.91 € (125,160.57 Col$) |
5.97 € (25,000.00 Col$) |
-80.0 % |
| Gasoline (1 gallon) |
6.82 € (28,546.57 Col$) |
3.30 € (13,806.54 Col$) |
-51.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25,000.00 € (104,614,314.03 Col$) |
16,728.11 € (70,000,000.00 Col$) |
-33.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,019.14 € (113,063,568.39 Col$) |
25,303.59 € (105,884,711.60 Col$) |
-6.3 % |
Utilities (Monthly) | Italy Edit |
Colombia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
200.27 € (838,039.00 Col$) |
79.68 € (333,446.06 Col$) |
-60.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
12.67 € (53,023.05 Col$) |
8.76 € (36,652.22 Col$) |
-30.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
27.57 € (115,359.75 Col$) |
23.33 € (97,615.88 Col$) |
-15.4 % |
Sports And Leisure | Italy Edit |
Colombia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
48.25 € (201,889.05 Col$) |
21.75 € (91,022.09 Col$) |
-54.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
20.08 € (84,019.84 Col$) |
8.80 € (36,829.34 Col$) |
-56.2 % |
| Cinema, International Release, 1 Seat |
9.00 € (37,661.15 Col$) |
4.30 € (18,000.00 Col$) |
-52.2 % |
Childcare | Italy Edit |
Colombia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
521.54 € (2,182,440.57 Col$) |
198.19 € (829,354.17 Col$) |
-62.0 % |
| International Primary School, Yearly for 1 Child |
9,258.01 € (38,740,802.92 Col$) |
5,562.80 € (23,277,948.28 Col$) |
-39.9 % |
Clothing And Shoes | Italy Edit |
Colombia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
77.85 € (325,758.80 Col$) |
51.12 € (213,899.39 Col$) |
-34.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
33.07 € (138,391.23 Col$) |
38.35 € (160,477.89 Col$) |
+16.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
84.16 € (352,192.10 Col$) |
80.52 € (336,923.76 Col$) |
-4.3 % |
| 1 Pair of Men Leather Business Shoes |
111.60 € (467,002.70 Col$) |
72.49 € (303,347.84 Col$) |
-35.0 % |
Rent Per Month | Italy Edit |
Colombia Edit | |
| Apartment (1 bedroom) in City Centre |
759.99 € (3,180,237.77 Col$) |
330.08 € (1,381,240.46 Col$) |
-56.6 % |
| Apartment (1 bedroom) Outside of Centre |
568.77 € (2,380,063.28 Col$) |
273.64 € (1,145,059.75 Col$) |
-51.9 % |
| Apartment (3 bedrooms) in City Centre |
1,358.06 € (5,682,891.15 Col$) |
600.00 € (2,510,725.41 Col$) |
-55.8 % |
| Apartment (3 bedrooms) Outside of Centre |
955.48 € (3,998,270.90 Col$) |
478.65 € (2,002,946.65 Col$) |
-49.9 % |
Buy Apartment Price | Italy Edit |
Colombia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
372.26 € (1,557,733.76 Col$) |
140.59 € (588,291.87 Col$) |
-62.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
229.01 € (958,297.40 Col$) |
113.40 € (474,532.62 Col$) |
-50.5 % |
Salaries And Financing | Italy Edit |
Colombia Edit | |
| Average Monthly Net Salary (After Tax) |
1,581.82 € (6,619,249.80 Col$) |
358.47 € (1,500,041.29 Col$) |
-77.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.80 | 13.80 | +187.7 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 2325 | 545 |
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