🇨🇴 Colombia · #386 of 558 cities · 2026

Cost of Living in Bogota

2.5% below the Colombia average

Ranked #386 of 558 cities · More expensive than 30.8% of cities worldwide

Compared to Colombia average

Rent Prices

Rent Prices in Bogota

Apartment City Centre Outside Centre You Save
1-Bedroom COP 2,037,373/mo ≈ $609 COP 1,502,230/mo ≈ $449 26%
3-Bedroom COP 3,707,186/mo ≈ $1,108 COP 2,912,090/mo ≈ $871 26%
Numbeo · 2026-03-18

Multi-Source Comparison

★★★ High Confidence

Bogota has a composite cost index of 23.4 from 3 independent data sources.

23.4
Composite
3
Sources
0.2
Spread

Source Values (NYC = 100)

Numbeo
23.4
Expatistan
21.8
LivingCost
No data
SIM
21.1
View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
-2.5% Average
Rent
-2.8% Average
Groceries
-3.1% Average
Restaurants
-1.8% Average
Purchasing Power
+7.6% Average

Living in Bogota: What to Expect

Bogota is average by global standards (ranked #386 of 558 cities). It is 2.5% cheaper than the Colombia average, based on 2 cities.

Groceries are average, while dining out is average. Groceries offers the best value, while Restaurants is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Workers in Colombia earning COP 190,540,672 gross take home COP 13,008,542/month after tax (18.1% effective rate). See full Colombia tax calculator →

Similar Cities

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