Last update: Nov 2026

Cost of Living Comparison Between Bogota and Madison, WI

For one person, living is cheaper in Bogota: $1,387 a month against $2,931 in Madison, WI, rent and utilities included – about $18,500 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Bogota
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Bogota Living Index
140

Cost of Living Index in Madison, WI
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Madison, WI Living Index

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Bogota

🇨🇴 Colombia

$1,387

/mo nomad

Madison, WI

🇺🇸 United States

$2,931

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Madison, WI

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

A single person spends $1,387 per month in Bogota vs $2,931 in Madison, WI, rent included.

Bogota $1,387
Madison, WI $2,931

A couple spends around $2,151 per month in Bogota vs $4,224 in Madison, WI, rent included.

Bogota $2,151
Madison, WI $4,224

A family of three spends $2,915 per month in Bogota vs $5,517 in Madison, WI, rent included.

Bogota $2,915
Madison, WI $5,517

Bogota is about 53% cheaper than Madison, WI, and outside of rent the biggest gap is in eating out.

Both Bogota and Madison, WI sit above the global median – Bogota by 3%, Madison, WI by 117%.

Meal at Budget Restaurant

$7.94 COP 25.6K

$19.92 $19.92

-60.14%

Three-Course Dinner for Two, Mid-Range

$42.83 COP 137.8K

$65.0 $65.0

-34.14%

Fast Food Meal (McDonalds, etc)

$10.81 COP 34.8K

$13.17 $13.17

-17.92%

Cappuccino

$2.47 COP 7,955

$5.66 $5.66

-56.36%

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

$1.34 COP 4,326

$3.02 $3.02

-55.63%

Water (0.33 liter bottle)

$0.85 COP 2,723

$2.45 $2.45

-65.31%

Local Beer (0.5 liter draught)

$2.39 COP 7,696

$6.62 $6.62

-63.90%

Imported Beer (0.33 liter bottle)

$4.83 COP 15.5K

$7.72 $7.72

-37.44%

Milk (1 liter)

$1.63 COP 5,245

$0.95 $0.95

71.58%

White Bread (500g)

$2.33 COP 7,479

$3.17 $3.17

-26.50%

Rice (white) (1kg)

$1.81 COP 5,814

$4.18 $4.18

-56.70%

Eggs

$3.52 COP 11.3K

$3.72 $3.72

-5.38%

Local Cheese (1kg)

$7.84 COP 25.2K

$14.49 $14.49

-45.89%

Chicken Fillets (1kg)

$7.62 COP 24.5K

$12.15 $12.15

-37.28%

Beef Round Steak (1kg)

$10.66 COP 34.3K

$20.36 $20.36

-47.64%

Apples (1kg)

$3.49 COP 11.2K

$4.59 $4.59

-23.97%

Banana (1kg)

$1.76 COP 5,668

$1.62 $1.62

8.64%

Oranges (1kg)

$1.92 COP 6,160

$4.95 $4.95

-61.21%

Tomato (1kg)

$1.89 COP 6,091

$4.67 $4.67

-59.53%

Potato (1kg)

$1.41 COP 4,535

$2.61 $2.61

-45.98%

Onion (1kg)

$1.43 COP 4,598

$2.83 $2.83

-49.47%

Lettuce (1 head)

$1.26 COP 4,059

$2.08 $2.08

-39.42%

Water (1.5 liter bottle)

$1.15 COP 3,715

$2.24 $2.24

-48.66%

Cigarettes 20 Pack (Marlboro, Camel)

$4.43 COP 14.2K

$10.89 $10.89

-59.32%

Wine (Bottle)

$12.31 COP 39.6K

$15.73 $15.73

-21.74%

Local Beer (0.5 liter bottle)

$1.48 COP 4,764

$2.68 $2.68

-44.78%

Imported Beer (0.33 liter bottle)

$3.22 COP 10.4K

$4.40 $4.40

-26.82%

One-way Ticket (Public Transport)

$1.08 COP 3,469

$1.94 $1.94

-44.33%

Public Transport Monthly Pass (Regular Price)

$50.2 COP 161.5K

$65.5 $65.5

-23.38%

Taxi Start (Normal Tariff)

$2.02 COP 6,512

$3.91 $3.91

-48.34%

Taxi (Normal Tariff) (1km)

$2.54 COP 8,181

$1.96 $1.96

29.59%

Taxi 1hour Waiting (Normal Tariff)

$7.49 COP 24.1K

$44.61 $44.61

-83.21%

Gasoline (1 liter)

$1.28 COP 4,119

$1.07 $1.07

19.63%

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

$34.1K COP 109.6M

$30.3K $30.3K

12.36%

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

$34.9K COP 112.1M

$25.5K $25.5K

36.63%

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

$127 COP 409.4K

$266 $266

-52.13%

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

$16.31 COP 52.5K

$45.57 $45.57

-64.21%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 97.2K

$80.5 $80.5

-62.48%

Gym Membership (Monthly)

$33.56 COP 108.0K

$51.6 $51.6

-34.94%

Tennis Court (1 Hour on Weekend)

$15.03 COP 48.3K

$10.12 $10.12

48.52%

Cinema Ticket

$7.62 COP 24.5K

$14.70 $14.70

-48.16%

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

$557 COP 1.8M

$1,594 $1,594

-65.04%

International Primary School, 1 Child (Yearly)

$13.1K COP 42.0M

$21.6K $21.6K

-39.60%

Jeans (Levis 501 Or Similar)

$85.1 COP 273.6K

$63.4 $63.4

34.16%

Summer Dress (H&M, Zara, etc)

$48.17 COP 154.9K

$46.65 $46.65

3.26%

Sport Shoes (Adidas, Nike)

$139 COP 446.9K

$108 $108

29.20%

Men's Leather Business Shoes

$108 COP 345.8K

$121 $121

-11.34%

1-bedroom Apartment, City Center (Monthly)

$730 COP 2.3M

$1,723 $1,723

-57.65%

1-bedroom Apartment, Outside City Center (Monthly)

$504 COP 1.6M

$1,465 $1,465

-65.60%

3-bedroom Apartment, City Center (Monthly)

$1,438 COP 4.6M

$3,146 $3,146

-54.29%

3-bedroom Apartment, Outside City Center (Monthly)

$963 COP 3.1M

$2,438 $2,438

-60.49%

Buy Apartment in City Center (m2)

$2,946 COP 9.5M

$4,429 $4,429

-33.49%

Buy Apartment Outside City Center (m2)

$2,250 COP 7.2M

$2,478 $2,478

-9.21%

Average Monthly Net Salary (After Tax)

$811 COP 2.6M

$4,430 $4,430

-81.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

6.81

88.11%

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

Last update for Bogota: November 3, 2026

Last update for Madison, WI: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$504 36.4%

Madison, WI

$1.5K 50% 191% $961

Groceries & Markets

Bogota

$264 19%

Madison, WI

$416 14.2% 57.7% $152

Monthly Utilities & Internet

Bogota

$174 12.5%

Madison, WI

$392 13.4% 126% $218

Clothing & Footwear

Bogota

$171 12.3%

Madison, WI

$152 5.2% 10.8% $18

Eating Out

Bogota

$156 11.3%

Madison, WI

$337 11.5% 116% $181

Getting Around

Bogota

$69 5%

Madison, WI

$87 3% 25.7% $18

Sport & Entertainment

Bogota

$49 3.5%

Madison, WI

$81 2.8% 66% $32

Cost Breakdown

A central one-bedroom costs $730 in Bogota versus $1,723 in Madison, WI. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Madison, WI are about 5.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $43 in Bogota versus $65 in Madison, WI. Monthly groceries follow the same trend: $264 vs $416 – making Bogota the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇺🇸 Madison, WI

🕒 Local time

18:45 6:45 PM

17:45 5:45 PM

1 h behind Bogota

🌤 Weather

👥 Population

8,181,047 Capital

248,951

💱 Currency

Colombian Peso COP $

United States Dollar USD $

📈 Exchange rate

10,000 COP = 3.11 USD

10,000 COP = 2.77 EUR

1 USD = 0.891 EUR

Exchange rates and currency converter

USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 5, 2026: 1 USD = 3,217 COP (10,000 COP = 3.11 USD). 1 EUR = 3,611 COP (10,000 COP = 2.77 EUR).

United States Dollar exchange rates as of November 5, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

USD to COP in detail →

On the map

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Highest

Between locations

Bogota Madison, WI 4,520 km ≈ 6 h nonstop flight

From you

Bogota
Madison, WI

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 Madison, WI: Cost of Living - Frequently Asked Questions

Yes – Madison, WI is pricier by about 111%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,080 per month in Bogota and $4,396 in Madison, WI. 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: a one-bedroom in the center costs $730 there versus $1,723 in Madison, WI.

Monthly expenses with rent come to $1,387 in Bogota and $2,931 in Madison, WI. That makes Bogota about 53% cheaper.

Public transport costs about 23% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

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 or specific career opportunities are the priority, Madison, WI makes more sense. Both are solid long-term options with distinct trade-offs.