Cost of Living Guide in Colombia
Complete pricing for housing, food, transportation, and everyday expenses
Colombia offers one of the most affordable costs of living in South America, with overall expenses including rent about 18% cheaper than the South America average and consumer prices excluding rent 20% below the regional benchmark. It stands out for expats and digital nomads seeking high quality of life at low costs, particularly in cities like Medellín, Bogotá, and Pereira. No home country comparison available.
Estimated Monthly Budget
Colombia delivers excellent value for money, being about 18% cheaper overall than the South America average while offering a quality of life index above 100. Ideal for expats stretching budgets further than in pricier regional spots.
Meal, Inexpensive Restaurant
Meal for 2, Mid-range Restaurant (3-course)
McMeal at McDonalds (or Equivalent Combo Meal)
Domestic Beer (0.5L draught)
Apartment (1 bedroom) in City Centre
Apartment (1 bedroom) Outside Centre
Apartment (3 bedrooms) in City Centre
Apartment (3 bedrooms) Outside Centre
One-way Ticket (Local Transport)
Chicken Fillets (1kg)
Monthly Transport Pass
Gasoline (1L)
Utilities for 85m² Apartment
Internet (60 Mbps+, Unlimited)
Mobile Plan (10GB+ Data)
Milk (1L)
Loaf of Fresh White Bread (500g)
Eggs (12)
Local Cheese (1kg)
Fitness Club, Monthly Fee
Tennis Court (1 hour, weekend)
Cinema Ticket
Preschool / Kindergarten (monthly, private)
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