Cost of living comparison
Madrid is 2.0 times more expensive than Bogota.
If you lived in Madrid instead of Bogota, you would:
pay 2.7 times more for restaurants
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$5.00
COP21,698.79
|
$16.08
€15.31
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.93
COP30,063.21
|
$10.72
€10.21
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.83
COP3,588.51
|
$2.79
€2.65
|
|
| Bottle of water (11 fl. oz) |
$0.64
COP2,766.87
|
$1.80
€1.72
|
|
pay 67.1% more for groceries
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.34
COP5,820.84
|
$1.50
€1.43
|
|
| Local cheese (8 oz) |
$2.21
COP9,591.95
|
$6.92
€6.59
|
|
| Milk (1 gallon) |
$4.49
COP19,491.51
|
$4.41
€4.20
|
|
|
Eggs
1 dozen
|
$2.14
COP9,270.69
|
$3.05
€2.91
|
|
| Boneless chicken breast (1 lb) |
$2.23
COP9,659.61
|
$3.78
€3.60
|
|
| Apples (1 lb) |
$1.19
COP5,168.29
|
$1.13
€1.07
|
|
| Bananas (1 lb) |
$0.48
COP2,079.20
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$0.55
COP2,405.90
|
$1.01
€0.96
|
|
| Tomatoes (1 lb) |
$0.54
COP2,324.99
|
$1.05
€1.00
|
|
| Potatoes (1 lb) |
$0.48
COP2,101.62
|
$0.83
€0.79
|
|
| Onions (1 lb) |
$0.46
COP2,016.23
|
$0.82
€0.78
|
|
pay 64.0% more for transportation
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.50
COP15,203.78
|
$6.79
€6.46
|
|
| Monthly public transit pass |
$40.16
COP174,279.49
|
$42.87
€40.82
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,009.35
COP65,136,958.38
|
$35,759.38
€34,050.08
|
|
| Taxi trip in downtown area (5 miles) |
$12.69
COP55,075.80
|
$14.90
€14.19
|
|
pay 2.6 times more for housing
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.88
COP103,629.66
|
$31.85
€30.32
|
|
| 1-Bedroom apartment in downtown area |
$428.11
COP1,857,894.13
|
$1,468.90
€1,398.68
|
|
| 1-Bedroom apartment outside city center |
$314.08
COP1,363,034.30
|
$1,074.71
€1,023.34
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.50
COP279,908.87
|
$130.03
€123.82
|
|
pay 90.6% more for childcare
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$231.19
COP1,003,309.58
|
$567.57
€540.44
|
|
| Middle school for 1 child, two semesters |
$7,422.81
COP32,213,186.69
|
$10,069.47
€9,588.15
|
|
pay 2.4 times more for entertainment and sports
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.15
COP5,010.54
|
$3.75
€3.57
|
|
| Cappuccino in mid-range area |
$1.43
COP6,227.38
|
$2.59
€2.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.31
COP10,021.07
|
$6.43
€6.12
|
|
| Monthly membership at local gym |
$21.38
COP92,771.99
|
$43.11
€41.05
|
|
| Movie ticket to theater/cinema |
$4.62
COP20,042.14
|
$10.72
€10.21
|
|
pay 37.5% more for clothing
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.44
COP223,258.22
|
$90.50
€86.17
|
|
|
Regular dress
from H&M or similar store
|
$42.05
COP182,474.31
|
$37.21
€35.43
|
|
|
Running shoes
Nike or Adidas
|
$84.96
COP368,710.48
|
$97.88
€93.20
|
|
| Men's business shoes (leather) |
$71.30
COP309,436.75
|
$121.40
€115.59
|
|
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