Last update: Oct 2026

Cost of Living Comparison Between Bogota and Mexico City

For one person, living is cheaper in Bogota: $1,323 a month against $1,567 in Mexico City, rent and utilities included – about $2,900 less a year. Rent and utilities account for most of the difference.

64

Cost of Living Index in Bogota
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Bogota Living Index
76

Cost of Living Index in Mexico City
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Mexico City Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Mexico City

🇲🇽 Mexico

$1,567

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Mexico City

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

A single person spends $1,323 per month in Bogota vs $1,567 in Mexico City, rent included.

Bogota $1,323
Mexico City $1,567

A couple spends around $2,110 per month in Bogota vs $2,450 in Mexico City, rent included.

Bogota $2,110
Mexico City $2,450

A family of three spends $2,897 per month in Bogota vs $3,333 in Mexico City, rent included.

Bogota $2,897
Mexico City $3,333

Bogota is about 16% cheaper than Mexico City, and outside of rent the biggest gap is in groceries.

Bogota sits 2% below the global median, while Mexico City is 16% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.65 COP 24.3K

$10.75 MX$199

-28.84%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$50.3 MX$929

-17.53%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$11.10 MX$205

-6.49%

Cappuccino

$2.53 COP 8,011

$3.68 MX$68.1

-31.25%

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

$1.35 COP 4,277

$1.65 MX$30.42

-18.18%

Water (0.33 liter bottle)

$0.87 COP 2,752

$1.30 MX$24.08

-33.08%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

$3.32 MX$61.3

-37.95%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$5.54 MX$102

-28.16%

Milk (1 liter)

$1.65 COP 5,240

$1.77 MX$32.68

-6.78%

White Bread (500g)

$2.40 COP 7,618

$3.05 MX$56.4

-21.31%

Rice (white) (1kg)

$1.69 COP 5,345

$2.01 MX$37.20

-15.92%

Eggs

$3.54 COP 11.2K

$2.77 MX$51.1

27.80%

Local Cheese (1kg)

$7.89 COP 25.0K

$11.91 MX$220

-33.75%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$9.33 MX$172

-21.76%

Beef Round Steak (1kg)

$9.87 COP 31.3K

$15.02 MX$278

-34.29%

Apples (1kg)

$3.58 COP 11.4K

$3.08 MX$56.8

16.23%

Banana (1kg)

$1.84 COP 5,822

$1.95 MX$35.97

-5.64%

Oranges (1kg)

$1.90 COP 6,012

$2.03 MX$37.54

-6.40%

Tomato (1kg)

$1.74 COP 5,517

$2.21 MX$40.92

-21.27%

Potato (1kg)

$1.41 COP 4,484

$2.02 MX$37.41

-30.20%

Onion (1kg)

$1.37 COP 4,332

$1.82 MX$33.67

-24.73%

Lettuce (1 head)

$1.30 COP 4,131

$1.52 MX$28.07

-14.47%

Water (1.5 liter bottle)

$1.15 COP 3,643

$1.28 MX$23.65

-10.16%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$5.27 MX$97.4

-18.03%

Wine (Bottle)

$12.76 COP 40.5K

$16.12 MX$298

-20.84%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

$1.95 MX$36.05

-26.67%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$4.25 MX$78.6

-33.41%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$0.31 MX$5.82

248.39%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

$19.85 MX$367

155.92%

Taxi Start (Normal Tariff)

$2.38 COP 7,550

$2.00 MX$36.93

19.00%

Taxi (Normal Tariff) (1km)

$2.34 COP 7,411

$0.53 MX$9.86

341.51%

Taxi 1hour Waiting (Normal Tariff)

$9.20 COP 29.2K

$5.62 MX$104

63.70%

Gasoline (1 liter)

$1.33 COP 4,213

$1.52 MX$28.07

-12.50%

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

$23.5K COP 74.4M

$21.0K MX$388.7K

11.62%

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

$35.6K COP 113.0M

$25.2K MX$465.3K

41.55%

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

$125 COP 397.8K

$62.5 MX$1,155

100.75%

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

$16.29 COP 51.6K

$28.77 MX$532

-43.38%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$34.45 MX$637

-12.31%

Gym Membership (Monthly)

$34.11 COP 108.2K

$57.1 MX$1,055

-40.26%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

$24.81 MX$458

-38.05%

Cinema Ticket

$7.84 COP 24.8K

$6.67 MX$123

17.54%

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

$501 COP 1.6M

$431 MX$7,964

16.34%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

$11.7K MX$216.9K

-36.54%

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

$70.8 MX$1,308

16.99%

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

$51.8 MX$958

-8.55%

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

$109 MX$2,011

30.22%

Men's Leather Business Shoes

$106 COP 337.4K

$112 MX$2,076

-5.26%

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$1,051 MX$19.4K

-23.60%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

$665 MX$12.3K

-32.07%

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

$2,346 MX$43.3K

-46.97%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$1,227 MX$22.7K

-20.59%

Buy Apartment in City Center (m2)

$2,816 COP 8.9M

$3,554 MX$65.7K

-20.75%

Buy Apartment Outside City Center (m2)

$2,354 COP 7.5M

$1,977 MX$36.5K

19.09%

Average Monthly Net Salary (After Tax)

$813 COP 2.6M

$975 MX$18.0K

-16.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

11.3

13.36%

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

Last update for Bogota: October 11, 2026

Last update for Mexico City: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Mexico City

$665 42.4% 47.2% $213

Groceries & Markets

Bogota

$261 19.7%

Mexico City

$323 20.6% 23.8% $62

Monthly Utilities & Internet

Bogota

$172 13%

Mexico City

$126 8% 26.9% $46

Clothing & Footwear

Bogota

$170 12.9%

Mexico City

$155 9.9% 9.1% $16

Eating Out

Bogota

$150 11.3%

Mexico City

$203 13% 35.5% $53

Getting Around

Bogota

$69 5.2%

Mexico City

$26 1.6% 62.7% $43

Sport & Entertainment

Bogota

$50 3.8%

Mexico City

$70 4.5% 41.5% $21

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $1,051 in Mexico City. 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 20% higher in Mexico City, 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 $50.0 in Mexico City. Monthly groceries follow the same trend: $261 vs $323 – making Bogota the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇲🇽 Mexico City

🕒 Local time

18:02 6:02 PM

17:02 5:02 PM

1 h behind Bogota

🌤 Weather

👥 Population

8,181,047 Capital

9,209,944 Capital

💱 Currency

Colombian Peso COP $

Mexican Peso MXN $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

Exchange rates and currency converter

MXN, 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).

Mexican Peso exchange rates as of October 19, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Bogota Mexico City 3,170 km ≈ 4 h 30 min nonstop flight

From you

Bogota
Mexico City

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 Mexico City: Cost of Living - Frequently Asked Questions

Yes – Mexico City is pricier by about 18%, 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 $2,351 in Mexico City. 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. 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 $1,567 in Mexico City. That's a gap of about 18%.

Public transport costs about 156% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,323, than in Mexico City at $1,567. In Bogota it covers expenses comfortably, while in Mexico City it requires careful planning or may not stretch far enough.

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, better infrastructure, or specific career opportunities are the priority, Mexico City makes more sense. Both are solid long-term options with distinct trade-offs.