Last update: Oct 2026

Cost of Living Comparison Between Bogota and Itajubá, MG

For one person, living is cheaper in Itajubá, MG: $867 a month against $1,323 in Bogota, rent and utilities included – about $5,500 less a year. Rent and utilities account for about half of the difference.

64

Cost of Living Index in Bogota
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Bogota Living Index
43

Cost of Living Index in Itajubá, MG
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Itajubá, MG Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Itajubá, MG

🇧🇷 Brazil

$867

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Itajubá, MG

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

A single person spends $1,323 per month in Bogota vs $867 in Itajubá, MG, rent included.

Bogota $1,323
Itajubá, MG $867

A couple spends around $2,110 per month in Bogota vs $1,285 in Itajubá, MG, rent included.

Bogota $2,110
Itajubá, MG $1,285

A family of three spends $2,897 per month in Bogota vs $1,703 in Itajubá, MG, rent included.

Bogota $2,897
Itajubá, MG $1,703

Bogota costs about 53% more than Itajubá, MG, and outside of rent the biggest gap is in groceries.

Both Bogota and Itajubá, MG are more affordable than the global median – Bogota 2% lower, Itajubá, MG 36% lower.

Meal at Budget Restaurant

$7.65 COP 24.3K

$4.56 R$23.13

67.76%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$24.00 R$122

72.67%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$4.38 R$22.20

136.99%

Cappuccino

$2.53 COP 8,011

$1.29 R$6.53

96.12%

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

$1.35 COP 4,277

$1.11 R$5.64

21.62%

Water (0.33 liter bottle)

$0.87 COP 2,752

$0.66 R$3.35

31.82%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

$1.82 R$9.25

13.19%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$2.93 R$14.84

35.84%

Milk (1 liter)

$1.65 COP 5,240

$0.95 R$4.80

73.68%

White Bread (500g)

$2.40 COP 7,618

$1.65 R$8.38

45.45%

Rice (white) (1kg)

$1.69 COP 5,345

$0.97 R$4.94

74.23%

Eggs

$3.54 COP 11.2K

$2.38 R$12.05

48.74%

Local Cheese (1kg)

$7.89 COP 25.0K

$10.72 R$54.3

-26.40%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$3.58 R$18.16

103.91%

Beef Round Steak (1kg)

$9.87 COP 31.3K

$7.88 R$39.97

25.25%

Apples (1kg)

$3.58 COP 11.4K

$2.88 R$14.59

24.31%

Banana (1kg)

$1.84 COP 5,822

$1.58 R$8.03

16.46%

Oranges (1kg)

$1.90 COP 6,012

$1.02 R$5.17

86.27%

Tomato (1kg)

$1.74 COP 5,517

$1.87 R$9.46

-6.95%

Potato (1kg)

$1.41 COP 4,484

$1.08 R$5.48

30.56%

Onion (1kg)

$1.37 COP 4,332

$1.03 R$5.24

33.01%

Lettuce (1 head)

$1.30 COP 4,131

$0.67 R$3.38

94.03%

Water (1.5 liter bottle)

$1.15 COP 3,643

$0.71 R$3.60

61.97%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$3.05 R$15.47

41.64%

Wine (Bottle)

$12.76 COP 40.5K

$8.14 R$41.29

56.76%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

$1.17 R$5.95

22.22%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$1.59 R$8.05

77.99%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$1.03 R$5.20

4.85%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

$40.43 R$205

25.65%

Taxi Start (Normal Tariff)

$2.38 COP 7,550

$1.21 R$6.13

96.69%

Taxi (Normal Tariff) (1km)

$2.34 COP 7,411

$0.90 R$4.57

160.00%

Taxi 1hour Waiting (Normal Tariff)

$9.20 COP 29.2K

$9.26 R$46.95

-0.65%

Gasoline (1 liter)

$1.33 COP 4,213

$1.13 R$5.71

17.70%

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

$23.5K COP 74.4M

$23.7K R$120.2K

-1.03%

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

$35.6K COP 113.0M

$32.7K R$165.9K

8.89%

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

$125 COP 397.8K

$133 R$675

-5.78%

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

$16.29 COP 51.6K

$12.28 R$62.3

32.65%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$18.57 R$94.1

62.68%

Gym Membership (Monthly)

$34.11 COP 108.2K

$15.62 R$79.2

118.37%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

$25.34 R$128

-39.34%

Cinema Ticket

$7.84 COP 24.8K

$7.82 R$39.62

0.26%

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

$501 COP 1.6M

$587 R$2,977

-14.63%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

$13.1K R$66.4K

-43.15%

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

$42.71 R$217

93.91%

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

$50.0 R$254

-5.24%

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

$73.9 R$375

91.84%

Men's Leather Business Shoes

$106 COP 337.4K

$67.4 R$342

57.90%

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$346 R$1,751

132.44%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

$236 R$1,198

91.18%

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

$522 R$2,645

138.37%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$366 R$1,853

166.47%

Buy Apartment in City Center (m2)

$2,816 COP 8.9M

$1,732 R$8,781

62.59%

Buy Apartment Outside City Center (m2)

$2,354 COP 7.5M

$1,177 R$5,969

99.96%

Average Monthly Net Salary (After Tax)

$813 COP 2.6M

$297 R$1,503

173.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

11.93

7.38%

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

Last update for Bogota: October 11, 2026

Last update for Itajubá, MG: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Itajubá, MG

$236 27.3% 47.7% $215

Groceries & Markets

Bogota

$261 19.7%

Itajubá, MG

$192 22.2% 26.3% $68

Monthly Utilities & Internet

Bogota

$172 13%

Itajubá, MG

$164 18.9% 4.6% $8

Clothing & Footwear

Bogota

$170 12.9%

Itajubá, MG

$105 12.2% 38.2% $65

Eating Out

Bogota

$150 11.3%

Itajubá, MG

$87 10.1% 41.8% $63

Getting Around

Bogota

$69 5.2%

Itajubá, MG

$50 5.8% 27.4% $19

Sport & Entertainment

Bogota

$50 3.8%

Itajubá, MG

$31 3.6% 37.2% $19

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $346 in Itajubá, MG. 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 174% higher in Bogota, 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 $24.00 in Itajubá, MG. Monthly groceries follow the same trend: $261 vs $192 – making Itajubá, MG the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇧🇷 Itajubá, MG

🕒 Local time

01:54 1:54 AM

03:54 3:54 AM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

93,073

💱 Currency

Colombian Peso COP $

Brazilian Real BRL R$

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 18, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Brazilian Real exchange rates as of October 18, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Bogota Itajubá, MG 4,330 km ≈ 6 h nonstop flight

From you

Bogota
Itajubá, MG

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 Itajubá, MG: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 53%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,985 per month in Bogota and $1,300 in Itajubá, MG. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $1,323 in Bogota and $867 in Itajubá, MG. That's a gap of about 53%.

Public transport costs about 26% less in Itajubá, MG. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Itajubá, MG, where all-in costs run around $867, than in Bogota at $1,323. In Itajubá, MG it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Itajubá, MG – 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 Itajubá, MG. 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.