Last update: Oct 2026

Cost of Living Comparison Between Bogota and Freeport

For one person, living is cheaper in Bogota: $1,310 a month against $2,642 in Freeport, rent and utilities included – about $16,000 less a year. Other living expenses account for most of the difference.

Bogota
🇨🇴 Colombia
$1,310
/mo nomad
Freeport
🇧🇸 Bahamas
$2,642
/mo nomad
Monthly Cost of Living

How much you'll spend in Bogota and in Freeport

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

A single person spends $1,310 per month in Bogota vs $2,642 in Freeport, rent included.

  • Bogota $1,310
  • Freeport $2,642

A couple spends around $2,073 per month in Bogota vs $4,318 in Freeport, rent included.

  • Bogota $2,073
  • Freeport $4,318

A family of three spends $2,836 per month in Bogota vs $5,994 in Freeport, rent included.

  • Bogota $2,836
  • Freeport $5,994

Bogota is about 50% cheaper than Freeport, and outside of rent the biggest gap is in eating out.

Bogota sits 2% below the global median, while Freeport is 97% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Bogota
Freeport
Difference
Meal at Budget Restaurant
$7.62 COP 24.3K
$47.39 BSD 47.39
-83.92%
Three-Course Dinner for Two, Mid-Range
$40.93 COP 130.4K
$101 BSD 101
-59.36%
Fast Food Meal (McDonalds, etc)
$9.96 COP 31.7K
$12.49 BSD 12.49
-20.26%
Cappuccino
$2.46 COP 7,851
$6.53 BSD 6.53
-62.33%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.36 COP 4,348
$3.09 BSD 3.09
-55.99%
Water (0.33 liter bottle)
$0.82 COP 2,603
$2.81 BSD 2.81
-70.82%
Local Beer (0.5 liter draught)
$2.01 COP 6,405
$4.74 BSD 4.74
-57.59%
Imported Beer (0.33 liter bottle)
$3.85 COP 12.3K
$7.16 BSD 7.16
-46.23%
🛒 Groceries & Markets
Bogota
Freeport
Difference
Milk (1 liter)
$1.62 COP 5,160
$2.38 BSD 2.38
-31.93%
White Bread (500g)
$2.46 COP 7,828
$5.47 BSD 5.47
-55.03%
Rice (white) (1kg)
$1.65 COP 5,256
$8.63 BSD 8.63
-80.88%
Eggs
$3.45 COP 11.0K
$8.82 BSD 8.82
-60.88%
Local Cheese (1kg)
$7.69 COP 24.5K
$16.83 BSD 16.83
-54.31%
Chicken Fillets (1kg)
$7.02 COP 22.4K
$6.94 BSD 6.94
1.15%
Beef Round Steak (1kg)
$9.72 COP 31.0K
$14.10 BSD 14.10
-31.06%
Apples (1kg)
$3.47 COP 11.1K
$10.02 BSD 10.02
-65.37%
Banana (1kg)
$1.78 COP 5,673
$4.08 BSD 4.08
-56.37%
Oranges (1kg)
$1.96 COP 6,240
$9.91 BSD 9.91
-80.22%
Tomato (1kg)
$1.75 COP 5,579
$12.72 BSD 12.72
-86.24%
Potato (1kg)
$1.40 COP 4,460
$4.43 BSD 4.43
-68.40%
Onion (1kg)
$1.39 COP 4,433
$2.63 BSD 2.63
-47.15%
Lettuce (1 head)
$1.31 COP 4,188
$4.33 BSD 4.33
-69.75%
Water (1.5 liter bottle)
$1.16 COP 3,685
$3.20 BSD 3.20
-63.75%
Cigarettes 20 Pack (Marlboro, Camel)
$4.15 COP 13.2K
$15.05 BSD 15.05
-72.43%
Wine (Bottle)
$12.24 COP 39.0K
$19.64 BSD 19.64
-37.68%
Local Beer (0.5 liter bottle)
$1.42 COP 4,528
-
-
Imported Beer (0.33 liter bottle)
$2.83 COP 9,022
$4.60 BSD 4.60
-38.48%
🚌 Getting Around
Bogota
Freeport
Difference
One-way Ticket (Public Transport)
$1.06 COP 3,391
$1.85 BSD 1.85
-42.70%
Public Transport Monthly Pass (Regular Price)
$48.65 COP 155.0K
-
-
Taxi Start (Normal Tariff)
$2.28 COP 7,259
$2.98 BSD 2.98
-23.49%
Taxi (Normal Tariff) (1km)
$2.31 COP 7,377
$3.05 BSD 3.05
-24.26%
Taxi 1hour Waiting (Normal Tariff)
$9.26 COP 29.5K
$98.8 BSD 98.8
-90.62%
Gasoline (1 liter)
$1.26 COP 4,000
$1.68 BSD 1.68
-25.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$23.4K COP 74.5M
$37.5K BSD 37.5K
-37.72%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.3K COP 112.5M
$34.8K BSD 34.8K
1.56%
🧾 Monthly Utilities & Internet
Bogota
Freeport
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$121 COP 385.4K
$278 BSD 278
-56.48%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.63 COP 49.8K
$63.7 BSD 63.7
-75.47%
Internet (50+ Mbps, Unlimited Data)
$29.00 COP 92.4K
$66.2 BSD 66.2
-56.18%
🎉 Sport & Entertainment
Bogota
Freeport
Difference
Gym Membership (Monthly)
$32.55 COP 103.7K
$56.4 BSD 56.4
-42.31%
Tennis Court (1 Hour on Weekend)
$15.14 COP 48.2K
$54.6 BSD 54.6
-72.25%
Cinema Ticket
$7.55 COP 24.0K
$18.08 BSD 18.08
-58.24%
🧸 Childcare & Education
Bogota
Freeport
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$465 COP 1.5M
$575 BSD 575
-19.16%
International Primary School, 1 Child (Yearly)
$8,119 COP 25.9M
$8,515 BSD 8,515
-4.64%
👕👟 Clothing & Footwear
Bogota
Freeport
Difference
Jeans (Levis 501 Or Similar)
$82.5 COP 262.8K
$47.85 BSD 47.85
72.39%
Summer Dress (H&M, Zara, etc)
$46.69 COP 148.8K
-
-
Sport Shoes (Adidas, Nike)
$142 COP 452.7K
$92.6 BSD 92.6
53.40%
Men's Leather Business Shoes
$104 COP 331.7K
$69.7 BSD 69.7
49.45%
🏠 Accommodation & Living
Bogota
Freeport
Difference
1-bedroom Apartment, City Center (Monthly)
$781 COP 2.5M
$984 BSD 984
-20.61%
1-bedroom Apartment, Outside City Center (Monthly)
$440 COP 1.4M
$930 BSD 930
-52.67%
3-bedroom Apartment, City Center (Monthly)
$1,258 COP 4.0M
$2,210 BSD 2,210
-43.08%
3-bedroom Apartment, Outside City Center (Monthly)
$974 COP 3.1M
$1,974 BSD 1,974
-50.67%
Buy Apartment in City Center (m2)
$2,755 COP 8.8M
$4,289 BSD 4,289
-35.77%
Buy Apartment Outside City Center (m2)
$2,239 COP 7.1M
$3,253 BSD 3,253
-31.16%
💵 Salaries & Financials
Bogota
Freeport
Difference
Average Monthly Net Salary (After Tax)
$795 COP 2.5M
$1,573 BSD 1,573
-49.45%
20-Year Fixed Mortgage Interest Rate (Annual %)
12.81
12.72
0.71%

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

Last update for Bogota: October 3, 2026

Last update for Freeport: October 4, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Bogota
$440
Freeport
$930 111% $490
Groceries & Markets
Bogota
$256
Freeport
$576 * 125% $320
Clothing & Footwear
Bogota
$169
Freeport
$95 * 44% $74
Monthly Utilities & Internet
Bogota
$166
Freeport
$408 146% $242
Eating Out
Bogota
$147
Freeport
$557 279% $410
Getting Around
Bogota
$67
Freeport
$26 * 61.7% $41
Sport & Entertainment
Bogota
$48
Freeport
$93 94.3% $45

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

Cost Breakdown

A central one-bedroom costs $781 in Bogota versus $984 in Freeport. 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 98% higher in Freeport, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $41.00 in Bogota versus $101 in Freeport. Monthly groceries follow the same trend: $256 vs $576 – making Bogota the more affordable choice for daily food spending.

Good to know
🇨🇴 Bogota
🇧🇸 Freeport
🕒 Local time
07:34 7:34 AM
08:34 8:34 AM
1 h ahead of Bogota
🌤 Weather
👥 Population
8,181,047 Capital
45,945
💱 Currency
Exchange rates and currency converter

BSD, USD, EUR to COP – Colombian Peso Converter

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).

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

On the map
Between locations
  • Bogota Freeport 2,480 km ≈ 3 h 30 min nonstop flight
From you
  • Bogota
  • Freeport

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 Freeport: Cost of Living - Frequently Asked Questions
Is Freeport cheaper than Bogota?
Yes – Freeport is pricier by about 102%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $1,966 per month in Bogota and $3,963 in Freeport. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Bogota or in Freeport?
A mid-range dinner for two costs $41.00 in Bogota and $101 in Freeport. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Bogota and in Freeport?
Groceries cost about 125% more in Freeport, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for living in Bogota or in Freeport?
A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,310, than in Freeport at $2,642. In Bogota it covers expenses comfortably, while in Freeport it requires careful planning or may not stretch far enough.
Is Bogota or Freeport more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Bogota. If higher salaries, better infrastructure, or specific career opportunities are the priority, Freeport makes more sense. Both are solid long-term options with distinct trade-offs.

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