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
COP22,495.38
|
$16.08
€15.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.93
COP31,166.87
|
$10.72
€10.16
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.83
COP3,720.25
|
$2.79
€2.64
|
|
| Bottle of water (11 fl. oz) |
$0.64
COP2,868.44
|
$1.80
€1.71
|
|
pay 67.1% more for groceries
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.34
COP6,034.54
|
$1.50
€1.42
|
|
| Local cheese (8 oz) |
$2.21
COP9,944.08
|
$6.92
€6.56
|
|
| Milk (1 gallon) |
$4.49
COP20,207.07
|
$4.41
€4.18
|
|
|
Eggs
1 dozen
|
$2.14
COP9,611.03
|
$3.05
€2.89
|
|
| Boneless chicken breast (1 lb) |
$2.23
COP10,014.23
|
$3.78
€3.59
|
|
| Apples (1 lb) |
$1.19
COP5,358.02
|
$1.13
€1.07
|
|
| Bananas (1 lb) |
$0.48
COP2,155.53
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$0.55
COP2,494.22
|
$1.01
€0.95
|
|
| Tomatoes (1 lb) |
$0.54
COP2,410.34
|
$1.05
€0.99
|
|
| Potatoes (1 lb) |
$0.48
COP2,178.77
|
$0.83
€0.79
|
|
| Onions (1 lb) |
$0.46
COP2,090.25
|
$0.82
€0.78
|
|
pay 64.0% more for transportation
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.50
COP15,761.93
|
$6.79
€6.43
|
|
| Monthly public transit pass |
$40.16
COP180,677.51
|
$42.87
€40.66
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,009.35
COP67,528,219.54
|
$35,759.38
€33,912.83
|
|
| Taxi trip in downtown area (5 miles) |
$12.69
COP57,097.71
|
$14.90
€14.13
|
|
pay 2.6 times more for housing
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$23.88
COP107,434.04
|
$31.85
€30.20
|
|
| 1-Bedroom apartment in downtown area |
$428.11
COP1,926,099.81
|
$1,468.90
€1,393.05
|
|
| 1-Bedroom apartment outside city center |
$314.08
COP1,413,073.04
|
$1,074.71
€1,019.21
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$64.50
COP290,184.68
|
$130.03
€123.32
|
|
pay 90.6% more for childcare
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$231.19
COP1,040,142.36
|
$567.57
€538.26
|
|
| Middle school for 1 child, two semesters |
$7,422.81
COP33,395,774.03
|
$10,069.47
€9,549.50
|
|
pay 2.4 times more for entertainment and sports
|
Bogota
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.15
COP5,194.48
|
$3.75
€3.56
|
|
| Cappuccino in mid-range area |
$1.43
COP6,455.99
|
$2.59
€2.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.31
COP10,388.96
|
$6.43
€6.10
|
|
| Monthly membership at local gym |
$21.38
COP96,177.77
|
$43.11
€40.89
|
|
| Movie ticket to theater/cinema |
$4.62
COP20,777.91
|
$10.72
€10.16
|
|
pay 37.5% more for clothing
|
Bogota
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$51.44
COP231,454.32
|
$90.50
€85.83
|
|
|
Regular dress
from H&M or similar store
|
$42.05
COP189,173.17
|
$37.21
€35.29
|
|
|
Running shoes
Nike or Adidas
|
$84.96
COP382,246.31
|
$97.88
€92.82
|
|
| Men's business shoes (leather) |
$71.30
COP320,796.57
|
$121.40
€115.13
|
|
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