Last update: Oct 2026

Cost of Living Comparison Between Beef Island and Bogota

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Cost of Living Index in Bogota
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Bogota Living Index

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Beef Island

🇻🇬 British Virgin Islands

/mo nomad

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Meal at Budget Restaurant

$7.62 COP 24.3K

Three-Course Dinner for Two, Mid-Range

$40.93 COP 130.4K

Fast Food Meal (McDonalds, etc)

$9.96 COP 31.7K

Cappuccino

$2.46 COP 7,851

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.36 COP 4,348

Water (0.33 liter bottle)

$0.82 COP 2,603

Local Beer (0.5 liter draught)

$2.01 COP 6,405

Imported Beer (0.33 liter bottle)

$3.85 COP 12.3K

Milk (1 liter)

$1.62 COP 5,160

White Bread (500g)

$2.46 COP 7,828

Rice (white) (1kg)

$1.65 COP 5,256

Eggs

$3.45 COP 11.0K

Local Cheese (1kg)

$7.69 COP 24.5K

Chicken Fillets (1kg)

$7.02 COP 22.4K

Beef Round Steak (1kg)

$9.72 COP 31.0K

Apples (1kg)

$3.47 COP 11.1K

Banana (1kg)

$1.78 COP 5,673

Oranges (1kg)

$1.96 COP 6,240

Tomato (1kg)

$1.75 COP 5,579

Potato (1kg)

$1.40 COP 4,460

Onion (1kg)

$1.39 COP 4,433

Lettuce (1 head)

$1.31 COP 4,188

Water (1.5 liter bottle)

$1.16 COP 3,685

Cigarettes 20 Pack (Marlboro, Camel)

$4.15 COP 13.2K

Wine (Bottle)

$12.24 COP 39.0K

Local Beer (0.5 liter bottle)

$1.42 COP 4,528

Imported Beer (0.33 liter bottle)

$2.83 COP 9,022

One-way Ticket (Public Transport)

$1.06 COP 3,391

Public Transport Monthly Pass (Regular Price)

$48.65 COP 155.0K

Taxi Start (Normal Tariff)

$2.28 COP 7,259

Taxi (Normal Tariff) (1km)

$2.31 COP 7,377

Taxi 1hour Waiting (Normal Tariff)

$9.26 COP 29.5K

Gasoline (1 liter)

$1.26 COP 4,000

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$23.4K COP 74.5M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$35.3K COP 112.5M

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$121 COP 385.4K

SIM Card Monthly Plan (Calls and 10GB+ Data)

$15.63 COP 49.8K

Internet (50+ Mbps, Unlimited Data)

$29.00 COP 92.4K

Gym Membership (Monthly)

$32.55 COP 103.7K

Tennis Court (1 Hour on Weekend)

$15.14 COP 48.2K

Cinema Ticket

$7.55 COP 24.0K

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$465 COP 1.5M

International Primary School, 1 Child (Yearly)

$8,119 COP 25.9M

Jeans (Levis 501 Or Similar)

$82.5 COP 262.8K

Summer Dress (H&M, Zara, etc)

$46.69 COP 148.8K

Sport Shoes (Adidas, Nike)

$142 COP 452.7K

Men's Leather Business Shoes

$104 COP 331.7K

1-bedroom Apartment, City Center (Monthly)

$999 $999

$781 COP 2.5M

27.95%

1-bedroom Apartment, Outside City Center (Monthly)

$440 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$1,258 COP 4.0M

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

Buy Apartment in City Center (m2)

$2,755 COP 8.8M

Buy Apartment Outside City Center (m2)

$2,239 COP 7.1M

Average Monthly Net Salary (After Tax)

$795 COP 2.5M

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Beef Island: October 3, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Beef Island

–

Bogota

$440 34%

Groceries & Markets

Beef Island

–

Bogota

$256 19.9%

Clothing & Footwear

Beef Island

–

Bogota

$169 13.1%

Monthly Utilities & Internet

Beef Island

–

Bogota

$166 12.8%

Eating Out

Beef Island

–

Bogota

$147 11.4%

Getting Around

Beef Island

–

Bogota

$67 5.2%

Sport & Entertainment

Beef Island

–

Bogota

$48 3.7%

Cost Breakdown

A central one-bedroom costs $999 in Beef Island versus $781 in Bogota. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Good to know

🇻🇬 Beef Island

🇨🇴 Bogota

🕒 Local time

06:30 6:30 AM

05:30 5:30 AM

1 h behind Beef Island

🌤 Weather

👥 Population

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.892 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,571 COP (10,000 COP = 2.8 EUR).

COP to USD in detail →

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Between locations

Beef Island Bogota 1,850 km ≈ 2 h 45 min nonstop flight

From you

Beef Island
Bogota

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Beef Island vs Bogota: Cost of Living - Frequently Asked Questions

Rent is clearly cheaper in Beef Island, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Families tend to lean toward Beef Island – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Beef Island. If higher salaries, better infrastructure, or specific career opportunities are the priority, Bogota makes more sense. Both are solid long-term options with distinct trade-offs.