Last update: Oct 2026

Cost of Living Comparison Between Bogota and Concordia

For one person, living is cheaper in Concordia: $1,176 a month against $1,323 in Bogota, rent and utilities included – about $1,800 less a year. Higher rent and utilities in Bogota outweigh lower spending on other living expenses.

64

Cost of Living Index in Bogota
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Bogota Living Index
60

Cost of Living Index in Concordia
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Concordia Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Concordia

🇦🇷 Argentina

$1,176

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Concordia

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 Concordia actually costs, broken down by who's living it.

A single person spends $1,323 per month in Bogota vs $1,176 in Concordia, rent included.

Bogota $1,323
Concordia $1,176

A couple spends around $2,110 per month in Bogota vs $2,057 in Concordia, rent included.

Bogota $2,110
Concordia $2,057

A family of three spends $2,897 per month in Bogota vs $2,938 in Concordia, rent included.

Bogota $2,897
Concordia $2,938

Bogota costs about 13% more than Concordia, and outside of rent the biggest gap is in eating out.

Both Bogota and Concordia are more affordable than the global median – Bogota 2% lower, Concordia 13% lower.

Meal at Budget Restaurant

$7.65 COP 24.3K

$16.50 ARS 25.0K

-53.64%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$57.9 ARS 87.8K

-28.37%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$14.29 ARS 21.7K

-27.36%

Cappuccino

$2.53 COP 8,011

$3.85 ARS 5,840

-34.29%

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

$1.35 COP 4,277

$2.25 ARS 3,419

-40.00%

Water (0.33 liter bottle)

$0.87 COP 2,752

$1.91 ARS 2,904

-54.45%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

$3.88 ARS 5,890

-46.91%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$3.72 ARS 5,642

6.99%

Milk (1 liter)

$1.65 COP 5,240

$1.37 ARS 2,079

20.44%

White Bread (500g)

$2.40 COP 7,618

$2.03 ARS 3,080

18.23%

Rice (white) (1kg)

$1.69 COP 5,345

$2.13 ARS 3,235

-20.66%

Eggs

$3.54 COP 11.2K

$2.77 ARS 4,208

27.80%

Local Cheese (1kg)

$7.89 COP 25.0K

$11.19 ARS 17.0K

-29.49%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$7.47 ARS 11.3K

-2.28%

Beef Round Steak (1kg)

$9.87 COP 31.3K

$12.42 ARS 18.8K

-20.53%

Apples (1kg)

$3.58 COP 11.4K

$2.13 ARS 3,232

68.08%

Banana (1kg)

$1.84 COP 5,822

$2.02 ARS 3,062

-8.91%

Oranges (1kg)

$1.90 COP 6,012

$1.63 ARS 2,469

16.56%

Tomato (1kg)

$1.74 COP 5,517

$2.63 ARS 3,995

-33.84%

Potato (1kg)

$1.41 COP 4,484

$0.94 ARS 1,433

50.00%

Onion (1kg)

$1.37 COP 4,332

$0.90 ARS 1,362

52.22%

Lettuce (1 head)

$1.30 COP 4,131

Water (1.5 liter bottle)

$1.15 COP 3,643

$1.65 ARS 2,506

-30.30%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$3.76 ARS 5,705

14.89%

Wine (Bottle)

$12.76 COP 40.5K

$5.03 ARS 7,635

153.68%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

$1.99 ARS 3,016

-28.14%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$3.23 ARS 4,902

-12.38%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$0.91 ARS 1,386

18.68%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

Taxi Start (Normal Tariff)

$2.38 COP 7,550

$1.57 ARS 2,379

51.59%

Taxi (Normal Tariff) (1km)

$2.34 COP 7,411

Taxi 1hour Waiting (Normal Tariff)

$9.20 COP 29.2K

Gasoline (1 liter)

$1.33 COP 4,213

$1.25 ARS 1,890

6.40%

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

$23.5K COP 74.4M

$27.6K ARS 41.9M

-14.99%

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

$35.6K COP 113.0M

$32.5K ARS 49.3M

9.76%

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

$125 COP 397.8K

$129 ARS 195.6K

-2.67%

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

$16.29 COP 51.6K

$15.93 ARS 24.2K

2.26%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$24.12 ARS 36.6K

25.25%

Gym Membership (Monthly)

$34.11 COP 108.2K

$28.64 ARS 43.5K

19.10%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

Cinema Ticket

$7.84 COP 24.8K

$8.01 ARS 12.2K

-2.12%

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

$501 COP 1.6M

$300 ARS 455.7K

66.94%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

$106 ARS 160.3K

-21.61%

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

$114 ARS 172.6K

24.59%

Men's Leather Business Shoes

$106 COP 337.4K

$126 ARS 190.9K

-15.39%

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$526 ARS 797.8K

52.75%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

$282 ARS 428.6K

59.96%

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

$966 ARS 1.5M

28.73%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$894 ARS 1.4M

8.94%

Buy Apartment in City Center (m2)

$2,816 COP 8.9M

Buy Apartment Outside City Center (m2)

$2,354 COP 7.5M

Average Monthly Net Salary (After Tax)

$813 COP 2.6M

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 Bogota: October 11, 2026

Last update for Concordia: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Concordia

$282 24% 37.5% $169

Groceries & Markets

Bogota

$261 19.7%

Concordia

$255 * 21.7% 2.2% $5.6

Monthly Utilities & Internet

Bogota

$172 13%

Concordia

$169 14.4% 1.8% $3

Clothing & Footwear

Bogota

$170 12.9%

Concordia

$155 * 13.2% 8.8% $15

Eating Out

Bogota

$150 11.3%

Concordia

$265 22.5% 76.6% $115

Getting Around

Bogota

$69 5.2%

Concordia

$5.2 * 0.4% 92.5% $64

Sport & Entertainment

Bogota

$50 3.8%

Concordia

$45 3.8% 10.3% $5.1

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $526 in Concordia. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $41.00 in Bogota versus $58.0 in Concordia. Groceries tell a different story – $261 in Bogota vs $255 in Concordia – so Concordia wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Bogota

🇦🇷 Concordia

🕒 Local time

14:05 2:05 PM

16:05 4:05 PM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

149,450

💱 Currency

Colombian Peso COP $

Argentine Peso ARS $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

10,000 ARS = 6.59 USD

10,000 ARS = 5.86 EUR

Exchange rates and currency converter

ARS, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Argentine Peso exchange rates as of October 19, 2026: 1 USD = 1,517 ARS (10,000 ARS = 6.59 USD). 1 EUR = 1,706 ARS (10,000 ARS = 5.86 EUR).

USD to COP in detail →

On the map

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Highest

Between locations

Bogota Concordia 4,360 km ≈ 6 h nonstop flight

From you

Bogota
Concordia

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 Concordia: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 13%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,985 per month in Bogota and $1,764 in Concordia. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Concordia, 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 $58.0 in Concordia. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 2% more in Bogota, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Concordia, where all-in costs run around $1,176, than in Bogota at $1,323. In Concordia it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Concordia – 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 Concordia. 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.