Cost of Living in Bogotá, Colombia

Bogotá, Colombia’s sprawling high-altitude capital, offers a vibrant urban lifestyle with a cost of living that remains highly attractive to international remote workers and retirees. As the economic heartbeat of the country, it balances modern infrastructure and luxury districts like Chico and Rosales with more affordable, historic neighborhoods. While inflation has impacted food prices, the city continues to provide exceptional value in healthcare and dining, though local salaries reflect the regional economic landscape.

Rent & Housing Prices in Bogotá

3bed outside2,450,000 COP ($612 USD)
1bed center1,850,000 COP ($462 USD)
3bed center3,600,000 COP ($900 USD)
1bed outside1,250,000 COP ($312 USD)

Food & Dining Prices

Meal, Inexpensive Restaurant22,000 COP ($5.50 USD)
Three-course meal for 2, Mid-range150,000 COP ($37.50 USD)
Domestic Beer (0.5L)6,500 COP ($1.62 USD)
Milk (1 liter)5,300 COP ($1.32 USD)
Eggs (regular, 12)11,500 COP ($2.87 USD)

Public Transport & Commuting

one way ticket2,950 COP ($0.74 USD)
taxi start5,800 COP ($1.45 USD)
monthly pass155,000 COP ($38.75 USD)

Salaries & Mortgage Rates

mortgage rate 20yr14.50%
avg salary net2,100,000 COP ($525 USD)

Quality of Life in Bogotá

Bogotá provides a high quality of life for those in mid-to-high income brackets, featuring world-class private healthcare and a rich cultural scene. However, the city faces significant challenges with traffic congestion and moderate air pollution. Safety has improved significantly over decades but remains a concern in specific districts; residents are advised to use ride-sharing apps rather than hailing street taxis at night.

3 Days in Bogotá: A Budget Itinerary

Day 1

Walk the cobblestone streets of La Candelaria, visit the Botero Museum (free), and take the cable car up to Monserrate for a panoramic view of the city.

Day 2

Explore the Gold Museum (Museo del Oro), lunch at a local 'corrientazo' spot, and spend the afternoon at the expansive Simón Bolívar Park.

Day 3

Browse the Sunday Usaquén Flea Market for artisanal crafts, followed by coffee tasting in one of the city's many specialty roasteries.

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