Summary of cost of living in Colombia:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | $5.28 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | $30.35 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | $7.92 | |
| Domestic Draft Beer (1 Pint) | $1.58 | |
| Imported Beer (12 oz Small Bottle) | $2.64 | |
| Cappuccino (Regular Size) | $1.82 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | $1.05 | |
| Bottled Water (12 oz) | $0.70 | |
Markets | |
|
| Milk (Regular, 1 Liter) | $1.21 | |
| Fresh White Bread (1 lb Loaf) | $1.36 | |
| White Rice (1 lb) | $0.55 | |
| Eggs (12, Large Size) | $2.30 | |
| Local Cheese (1 lb) | $2.39 | |
| Chicken Fillets (1 lb) | $2.70 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | $3.77 | |
| Apples (1 lb) | $1.31 | |
| Bananas (1 lb) | $0.51 | |
| Oranges (1 lb) | $0.66 | |
| Tomatoes (1 lb) | $0.63 | |
| Potatoes (1 lb) | $0.54 | |
| Onions (1 lb) | $0.56 | |
| Lettuce (1 Head) | $0.91 | |
| Bottled Water (50 oz) | $0.84 | |
| Bottle of Wine (Mid-Range) | $10.56 | |
| Domestic Beer (16.9 oz Bottle) | $1.18 | |
| Imported Beer (12 oz Small Bottle) | $2.06 | |
| Cigarettes (Pack of 20, Marlboro) | $3.17 | |
Transportation | |
|
| One-Way Ticket (Local Transport) | $0.87 | |
| Monthly Public Transport Pass (Regular Price) | $42.22 | |
| Taxi Start (Standard Tariff) | $1.74 | |
| Taxi 1 mile (Standard Tariff) | $2.97 | |
| Taxi 1 Hour Waiting (Standard Tariff) | $7.92 | |
| Gasoline (1 Liter) | $1.09 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | $20,714.68 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | $28,797.81 | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | $98.11 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | $10.76 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | $25.70 | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | $26.09 | |
| Tennis Court Rental (1 Hour, Weekend) | $14.55 | |
| Cinema Ticket (International Release) | $4.75 | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | $354.83 | |
| International Primary School, Annual Tuition per Child | $6,633.25 | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | $60.75 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | $42.55 | |
| Nike Running Shoes (Mid-Range) | $102.83 | |
| Men's Leather Business Shoes | $86.71 | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | $424.56 | |
| 1 Bedroom Apartment Outside of City Centre | $332.09 | |
| 3 Bedroom Apartment in City Centre | $848.17 | |
| 3 Bedroom Apartment Outside of City Centre | $592.77 | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | $163.71 | |
| Price per Square Feet to Buy Apartment Outside of Centre | $108.03 | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | $481.95 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 12.33 | |
Sources and References
Rank |
City |
Cost of Living Index |
Rent Index |
Cost of Living Plus Rent Index |
Groceries Index |
Restaurant Price Index |
Local Purchasing Power Index |
|---|---|---|---|---|---|---|---|
| Medellin | 35.3 | 15.4 | 26.3 | 35.5 | 32.3 | 38.8 | |
| Bogota | 33.6 | 13.3 | 24.4 | 34.2 | 30.1 | 51.7 | |
| Barranquilla | 33.3 | 8.4 | 22.0 | 30.8 | 35.0 | 44.0 | |
| Cali | 30.3 | 11.1 | 21.5 | 32.4 | 25.2 | 45.4 |
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