Last update: Oct 2026

Cost of Living Comparison Between Bogota and Iquique

For one person, living is cheaper in Iquique: $999 a month against $1,323 in Bogota, rent and utilities included – about $3,900 less a year. Other living expenses account for most of the difference.

64

Cost of Living Index in Bogota
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Bogota Living Index
49

Cost of Living Index in Iquique
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Iquique Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Iquique

🇨🇱 Chile

$999

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Iquique

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

A single person spends $1,323 per month in Bogota vs $999 in Iquique, rent included.

Bogota $1,323
Iquique $999

A couple spends around $2,110 per month in Bogota vs $1,590 in Iquique, rent included.

Bogota $2,110
Iquique $1,590

A family of three spends $2,897 per month in Bogota vs $2,180 in Iquique, rent included.

Bogota $2,897
Iquique $2,180

Bogota costs about 32% more than Iquique, and outside of rent the biggest gap is in clothing.

Both Bogota and Iquique are more affordable than the global median – Bogota 2% lower, Iquique 26% lower.

Meal at Budget Restaurant

$7.65 COP 24.3K

$7.48 CLP 7,359

2.27%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$40.30 CLP 39.7K

2.83%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$7.04 CLP 6,934

47.44%

Cappuccino

$2.53 COP 8,011

$3.44 CLP 3,384

-26.45%

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

$1.35 COP 4,277

$1.23 CLP 1,210

9.76%

Water (0.33 liter bottle)

$0.87 COP 2,752

$0.95 CLP 937

-8.42%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

$3.27 CLP 3,222

-37.00%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$3.61 CLP 3,552

10.25%

Milk (1 liter)

$1.65 COP 5,240

$1.09 CLP 1,077

51.38%

White Bread (500g)

$2.40 COP 7,618

$1.13 CLP 1,111

112.39%

Rice (white) (1kg)

$1.69 COP 5,345

$1.31 CLP 1,285

29.01%

Eggs

$3.54 COP 11.2K

$3.02 CLP 2,972

17.22%

Local Cheese (1kg)

$7.89 COP 25.0K

$10.12 CLP 9,962

-22.04%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$10.05 CLP 9,896

-27.36%

Beef Round Steak (1kg)

$9.87 COP 31.3K

Apples (1kg)

$3.58 COP 11.4K

$2.31 CLP 2,273

54.98%

Banana (1kg)

$1.84 COP 5,822

$2.15 CLP 2,121

-14.42%

Oranges (1kg)

$1.90 COP 6,012

$1.51 CLP 1,484

25.83%

Tomato (1kg)

$1.74 COP 5,517

$1.06 CLP 1,040

64.15%

Potato (1kg)

$1.41 COP 4,484

$0.73 CLP 722

93.15%

Onion (1kg)

$1.37 COP 4,332

$0.64 CLP 628

114.06%

Lettuce (1 head)

$1.30 COP 4,131

$1.00 CLP 981

30.00%

Water (1.5 liter bottle)

$1.15 COP 3,643

$1.35 CLP 1,326

-14.81%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$7.25 CLP 7,139

-40.41%

Wine (Bottle)

$12.76 COP 40.5K

$7.86 CLP 7,734

62.34%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$0.84 CLP 828

236.90%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$0.69 CLP 679

56.52%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

Taxi Start (Normal Tariff)

$2.38 COP 7,550

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

$1.44 CLP 1,419

-7.64%

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

$23.5K COP 74.4M

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

$35.6K COP 113.0M

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

$125 COP 397.8K

$88.6 CLP 87.2K

41.54%

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

$16.29 COP 51.6K

$15.63 CLP 15.4K

4.22%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$23.17 CLP 22.8K

30.38%

Gym Membership (Monthly)

$34.11 COP 108.2K

$50.7 CLP 49.9K

-32.72%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

Cinema Ticket

$7.84 COP 24.8K

$6.91 CLP 6,803

13.46%

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

$501 COP 1.6M

$254 CLP 249.8K

97.58%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

$30.11 CLP 29.6K

175.06%

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

$23.04 CLP 22.7K

105.73%

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

$46.57 CLP 45.8K

204.34%

Men's Leather Business Shoes

$106 COP 337.4K

$58.3 CLP 57.4K

82.49%

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$422 CLP 415.4K

90.29%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

$382 CLP 375.7K

18.35%

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

$683 CLP 671.9K

82.22%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$781 CLP 769.3K

24.64%

Buy Apartment in City Center (m2)

$2,816 COP 8.9M

$1,718 CLP 1.7M

63.95%

Buy Apartment Outside City Center (m2)

$2,354 COP 7.5M

$1,926 CLP 1.9M

22.27%

Average Monthly Net Salary (After Tax)

$813 COP 2.6M

$958 CLP 943.5K

-15.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

7.5

70.80%

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

Last update for Bogota: October 11, 2026

Last update for Iquique: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Iquique

$382 38.2% 15.5% $70

Groceries & Markets

Bogota

$261 19.7%

Iquique

$197 * 19.7% 24.5% $64

Monthly Utilities & Internet

Bogota

$172 13%

Iquique

$127 12.8% 25.9% $45

Clothing & Footwear

Bogota

$170 12.9%

Iquique

$71 7.1% 58.2% $99

Eating Out

Bogota

$150 11.3%

Iquique

$155 15.5% 3.1% $4.7

Getting Around

Bogota

$69 5.2%

Iquique

$2.8 * 0.3% 96% $66

Sport & Entertainment

Bogota

$50 3.8%

Iquique

$65 6.5% 29.6% $15

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 $422 in Iquique. 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 18% higher in Iquique, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $41.00 in Bogota versus $40.00 in Iquique. Monthly groceries follow the same trend: $261 vs $197 – making Iquique the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇨🇱 Iquique

🕒 Local time

11:35 11:35 AM

13:35 1:35 PM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

188,003

💱 Currency

Colombian Peso COP $

Chilean Peso CLP $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

Exchange rates and currency converter

CLP, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 17, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Chilean Peso exchange rates as of October 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

USD to COP in detail →

On the map

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Between locations

Bogota Iquique 2,800 km ≈ 4 h nonstop flight

From you

Bogota
Iquique

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 Iquique: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 32%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,985 per month in Bogota and $1,498 in Iquique. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Iquique, 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 $40.00 in Iquique. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 32% 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 Iquique, where all-in costs run around $999, than in Bogota at $1,323. In Iquique it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Iquique – 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 Iquique. 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.