See also: food prices Prices in restaurants entertainment costs
Cost of living and expenses in Colombia
What are the costs of living, how much do you have to spend on fees and expenses in Colombia?
What is the cost of a mortgage, what are the average earnings in Colombia, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Colombia
(The last update: today)
Currency in Colombia Colombian peso (COP). For 10 US dollars you can get 43.6 thousand Colombian pesos. For 100 US dollars you can get 436 thousand Colombian pesos. And the other way around: For 100 Colombian pesos you can get 0.0229 US dollars.
See also how prices have changed in previous years: Price changes in previous years in Colombia
What are the different prices in the cities in Colombia? What are the prices and costs on the islands belonging to Colombia? See here: Prices on islands and cities in Colombia
Prices: Barranquilla Bogota Cali Sincelejo Medellín Bucaramanga Villavicencio Pereira Popayán Armenia
fees
$76 ($46 - $138)
63% is less expensive than in United States
internet
$22 ($15.1 - $34)
69% is less expensive than in United States
jeans
$48 ($25 - $75)
7.9% is less expensive than in United States
average earnings
$347
92% is less expensive than in United States
renting a small apartment in the center
$317 ($183 - $573)
82% is less expensive than in United States
renting a large apartment outside the center
$448 ($252 - $803)
81% is less expensive than in United States
The cost of living in Colombia:
- One-way Ticket (Local Transport) $0.67 (COP 2.9K)
- Monthly Pass (Regular Price) $33 (COP 142K)
- Gasoline (1 liter) $0.82 (COP 3.57K)
- Volkswagen Golf 1.4 90 KW (or equivalent new car) $16.1K (COP 70M)
- Apartment (1 bedroom) in city centre $317 (COP 1.38M)
- Apartment (1 bedroom) outside of centre $260 (COP 1.13M)
- Apartment (3 bedrooms) in city centre $567 (COP 2.47M)
- Apartment (3 bedrooms) outside of centre $448 (COP 1.95M)
- Utilities (electricity, heating, water, garbage) for an 85m2 apartment $76 (COP 332K)
- Internet (60 Mbps or more, unlimited data, cable/ADSL) $22 (COP 96.8K)
- numb_34 $8.4 (COP 36.8K)
- 1 pair of jeans (Levis 501 or similar) $48 (COP 211K)
- 1 Summer Dress in a Chain Store (Zara, H&M,...) $36 (COP 155K)
- 1 pair of Nike running shoes or similar $77 (COP 337K)
- 1 pair of men's leather shoes $69 (COP 302K)
- Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $24.1K (COP 105M)
- Preschool (or Kindergarten), Private, Monthly for 1 Child $184 (COP 803K)
- Price per square meter for an apartment in the city center $1.46K (COP 6.34M)
- International Primary School, Annually for 1 Child $5.32K (COP 23.2M)
- Price per square meter for an apartment outside of city centre $1.18K (COP 5.14M)
- Average Monthly Net Salary (After Tax) $347 (COP 1.51M)
- Mortgage annual interest rate in percentages (%) 14%
- Taxi starting fare (normal tariff) $1.4 (COP 6K)
- Taxi 1km (Normal Tariff) $1.6 (COP 7K)
- Taxi 1 hour waiting (normal tariff) $5.7 (COP 25K)
Price changes in previous years in Colombia
Price changes in One Square Meter Of An Apartment In The Center over the years: 2011: $534(COP 2.33M), 2012: $545(COP 2.37M), 2013: $577(COP 2.52M), 2014: $689(COP 3M), 2015: $861(COP 3.76M), 2016: $1.05K(COP 4.56M), 2017: $1.07K(COP 4.65M), and 2018: $1.03K(COP 4.49M)
Have earnings increased in Colombia?
See the average salary in previous years in 2010: $443(COP 1.93M), 2011: $179(COP 780K), 2012: $205(COP 893K), 2013: $209(COP 910K), 2014: $236(COP 1.03M), 2015: $226(COP 986K), 2016: $240(COP 1.05M), 2017: $243(COP 1.06M), and 2018: $233(COP 1.02M)
Price changes in Fees over the years: 2010: $58(COP 251K), 2011: $60(COP 262K), 2012: $42(COP 184K), 2013: $40(COP 174K), 2014: $43(COP 187K), 2015: $55(COP 238K), 2016: $47(COP 205K), 2017: $49(COP 213K), and 2018: $52(COP 226K)
Price changes in Internet over the years: 2010: $17.7(COP 77.2K), 2011: $11.3(COP 49.4K), 2012: $16.8(COP 73.3K), 2013: $14.4(COP 63K), 2014: $15.2(COP 66.1K), 2015: $18.4(COP 80K), 2016: $17.5(COP 76.1K), 2017: $21(COP 91.4K), and 2018: $23(COP 101K)
Have prices changed in clothing stores in Colombia in recent years?
For example, this is how the prices of jeans have changed in 2010: $66(COP 290K), 2011: $37(COP 161K), 2012: $33(COP 144K), 2013: $34(COP 146K), 2014: $35(COP 151K), 2015: $38(COP 164K), 2016: $38(COP 168K), 2017: $40(COP 175K), and 2018: $39(COP 171K)
Do you want to learn more about different prices? See the following comparison:
renting a large apartment outside the center
$448 ($252 - $803)
81% is less expensive than in United States
bananas
$0.96 ($0.57 - $2.3)
by half less than in United States
local beer
$1.1 ($0.62 - $2.3)
81% is less expensive than in United States
bread
$1.2 ($0.69 - $2.1)
65% is less expensive than in United States
jeans
$48 ($25 - $75)
7.9% is less expensive than in United States
cheese
$4.4 ($2.1 - $8.5)
66% is less expensive than in United States
Prices on the islands