Last update: Oct 2026

Cost of Living Comparison Between Bogota and Caracas

For one person, living costs are similar in Bogota and in Caracas: $1,310 and $1,312 a month, rent and utilities included.

62

Cost of Living Index in Bogota
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Bogota Living Index
65

Cost of Living Index in Caracas
Learn more

Caracas Living Index

Jump to prices

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Caracas

🇻🇪 Venezuela

$1,312

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Caracas

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Bogota and in Caracas actually costs, broken down by who's living it.

A single person spends $1,310 per month in Bogota vs $1,312 in Caracas, rent included.

Bogota $1,310
Caracas $1,312

A couple spends around $2,073 per month in Bogota vs $2,236 in Caracas, rent included.

Bogota $2,073
Caracas $2,236

A family of three spends $2,836 per month in Bogota vs $3,160 in Caracas, rent included.

Bogota $2,836
Caracas $3,160

Bogota and Caracas have comparable living costs – the differences are in the details.

Both Bogota and Caracas are more affordable than the global median – Bogota 2% lower, Caracas 2% lower.

Meal at Budget Restaurant

$7.62 COP 24.3K

$10.63 VES 9,293

-28.32%

Three-Course Dinner for Two, Mid-Range

$40.93 COP 130.4K

$68.2 VES 59.6K

-39.97%

Fast Food Meal (McDonalds, etc)

$9.96 COP 31.7K

$10.99 VES 9,611

-9.37%

Cappuccino

$2.46 COP 7,851

$3.73 VES 3,266

-34.05%

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

$1.36 COP 4,348

$1.54 VES 1,349

-11.69%

Water (0.33 liter bottle)

$0.82 COP 2,603

$1.28 VES 1,122

-35.94%

Local Beer (0.5 liter draught)

$2.01 COP 6,405

$2.05 VES 1,796

-1.95%

Imported Beer (0.33 liter bottle)

$3.85 COP 12.3K

$2.91 VES 2,546

32.30%

Milk (1 liter)

$1.62 COP 5,160

$2.76 VES 2,413

-41.30%

White Bread (500g)

$2.46 COP 7,828

$2.32 VES 2,030

6.03%

Rice (white) (1kg)

$1.65 COP 5,256

$1.89 VES 1,655

-12.70%

Eggs

$3.45 COP 11.0K

$4.82 VES 4,219

-28.42%

Local Cheese (1kg)

$7.69 COP 24.5K

$10.18 VES 8,900

-24.46%

Chicken Fillets (1kg)

$7.02 COP 22.4K

$9.44 VES 8,260

-25.64%

Beef Round Steak (1kg)

$9.72 COP 31.0K

$11.51 VES 10.1K

-15.55%

Apples (1kg)

$3.47 COP 11.1K

$7.23 VES 6,322

-52.01%

Banana (1kg)

$1.78 COP 5,673

$1.96 VES 1,713

-9.18%

Oranges (1kg)

$1.96 COP 6,240

$2.13 VES 1,864

-7.98%

Tomato (1kg)

$1.75 COP 5,579

$2.37 VES 2,070

-26.16%

Potato (1kg)

$1.40 COP 4,460

$2.24 VES 1,956

-37.50%

Onion (1kg)

$1.39 COP 4,433

$2.24 VES 1,957

-37.95%

Lettuce (1 head)

$1.31 COP 4,188

$1.61 VES 1,411

-18.63%

Water (1.5 liter bottle)

$1.16 COP 3,685

$2.41 VES 2,104

-51.87%

Cigarettes 20 Pack (Marlboro, Camel)

$4.15 COP 13.2K

$4.57 VES 3,994

-9.19%

Wine (Bottle)

$12.24 COP 39.0K

$12.02 VES 10.5K

1.83%

Local Beer (0.5 liter bottle)

$1.42 COP 4,528

$1.37 VES 1,196

3.65%

Imported Beer (0.33 liter bottle)

$2.83 COP 9,022

$2.17 VES 1,896

30.41%

One-way Ticket (Public Transport)

$1.06 COP 3,391

$0.51 VES 449

107.84%

Public Transport Monthly Pass (Regular Price)

$48.65 COP 155.0K

$29.63 VES 25.9K

64.19%

Taxi Start (Normal Tariff)

$2.28 COP 7,259

$4.88 VES 4,271

-53.28%

Taxi (Normal Tariff) (1km)

$2.31 COP 7,377

$2.68 VES 2,346

-13.81%

Taxi 1hour Waiting (Normal Tariff)

$9.26 COP 29.5K

$15.17 VES 13.3K

-38.96%

Gasoline (1 liter)

$1.26 COP 4,000

$0.86 VES 754

46.51%

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

$23.4K COP 74.5M

$25.1K VES 22.0M

-7.05%

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

$35.3K COP 112.5M

$38.6K VES 33.8M

-8.63%

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

$121 COP 385.4K

$22.07 VES 19.3K

447.98%

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

$15.63 COP 49.8K

$11.81 VES 10.3K

32.35%

Internet (50+ Mbps, Unlimited Data)

$29.00 COP 92.4K

$38.64 VES 33.8K

-24.95%

Gym Membership (Monthly)

$32.55 COP 103.7K

$66.8 VES 58.5K

-51.29%

Tennis Court (1 Hour on Weekend)

$15.14 COP 48.2K

$17.23 VES 15.1K

-12.13%

Cinema Ticket

$7.55 COP 24.0K

$6.48 VES 5,666

16.51%

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

$465 COP 1.5M

$159 VES 139.5K

191.47%

International Primary School, 1 Child (Yearly)

$8,119 COP 25.9M

$6,138 VES 5.4M

32.27%

Jeans (Levis 501 Or Similar)

$82.5 COP 262.8K

$77.8 VES 68.0K

6.06%

Summer Dress (H&M, Zara, etc)

$46.69 COP 148.8K

$50.6 VES 44.2K

-7.67%

Sport Shoes (Adidas, Nike)

$142 COP 452.7K

$136 VES 119.2K

4.26%

Men's Leather Business Shoes

$104 COP 331.7K

$136 VES 119.2K

-23.61%

1-bedroom Apartment, City Center (Monthly)

$781 COP 2.5M

$619 VES 541.0K

26.29%

1-bedroom Apartment, Outside City Center (Monthly)

$440 COP 1.4M

$418 VES 365.3K

5.35%

3-bedroom Apartment, City Center (Monthly)

$1,258 COP 4.0M

$1,106 VES 966.9K

13.78%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$887 VES 775.5K

9.83%

Buy Apartment in City Center (m2)

$2,755 COP 8.8M

$1,458 VES 1.3M

88.89%

Buy Apartment Outside City Center (m2)

$2,239 COP 7.1M

$690 VES 603.7K

224.41%

Average Monthly Net Salary (After Tax)

$795 COP 2.5M

$304 VES 265.6K

161.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

-41.77%

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

Last update for Bogota: October 3, 2026

Last update for Caracas: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$440 34%

Caracas

$418 31.4% 5.1% $22

Groceries & Markets

Bogota

$256 19.9%

Caracas

$340 25.6% 32.5% $83

Clothing & Footwear

Bogota

$169 13.1%

Caracas

$180 13.6% 6.8% $11

Monthly Utilities & Internet

Bogota

$166 12.8%

Caracas

$73 5.5% 56.2% $93

Eating Out

Bogota

$147 11.4%

Caracas

$190 14.3% 29.4% $43

Getting Around

Bogota

$67 5.2%

Caracas

$50 3.8% 25.1% $17

Sport & Entertainment

Bogota

$48 3.7%

Caracas

$80 6% 67.5% $32

Cost Breakdown

A central one-bedroom costs $781 in Bogota versus $619 in Caracas. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 162% higher in Bogota. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $41.00 in Bogota versus $68.0 in Caracas. Monthly groceries follow the same trend: $256 vs $340 – making Bogota the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇻🇪 Caracas

🕒 Local time

08:02 8:02 AM

09:02 9:02 AM

1 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

3,274,000 Capital

💱 Currency

Colombian Peso COP $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1,000 VES = 1.14 USD

1,000 VES = 1.02 EUR

Exchange rates and currency converter

VES, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

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).

Venezuelan Bolívar exchange rates as of October 10, 2026: 1 USD = 875 VES (1,000 VES = 1.14 USD). 1 EUR = 980 VES (1,000 VES = 1.02 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Bogota Caracas 1,020 km ≈ 1 h 45 min nonstop flight

From you

Bogota
Caracas

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

Bogota vs Caracas: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $1,966 per month in Bogota and $1,968 in Caracas. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $41.00 in Bogota and $68.0 in Caracas. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 64% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,310, than in Caracas at $1,312. In Bogota it covers expenses comfortably, while in Caracas it requires careful planning or may not stretch far enough.

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

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