Last update: Oct 2026

Cost of Living Comparison Between Bogota and Montes Claros

For one person, living is cheaper in Montes Claros: $844 a month against $1,324 in Bogota, rent and utilities included – about $5,800 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
41

Cost of Living Index in Montes Claros
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Montes Claros Living Index

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Bogota

🇨🇴 Colombia

$1,324

/mo nomad

Montes Claros

🇧🇷 Brazil

$844

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Montes Claros

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

A single person spends $1,324 per month in Bogota vs $844 in Montes Claros, rent included.

Bogota $1,324
Montes Claros $844

A couple spends around $2,127 per month in Bogota vs $1,344 in Montes Claros, rent included.

Bogota $2,127
Montes Claros $1,344

A family of three spends $2,931 per month in Bogota vs $1,843 in Montes Claros, rent included.

Bogota $2,931
Montes Claros $1,843

Bogota costs about 57% more than Montes Claros, and outside of rent the biggest gap is in groceries.

Both Bogota and Montes Claros are more affordable than the global median – Bogota 2% lower, Montes Claros 38% lower.

Meal at Budget Restaurant

$7.78 COP 24.7K

$3.40 R$17.22

128.82%

Three-Course Dinner for Two, Mid-Range

$41.36 COP 131.1K

$32.15 R$163

28.65%

Fast Food Meal (McDonalds, etc)

$10.02 COP 31.8K

$7.91 R$40.08

26.68%

Cappuccino

$2.48 COP 7,877

$2.05 R$10.41

20.98%

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

$1.33 COP 4,215

$1.33 R$6.72

Water (0.33 liter bottle)

$0.89 COP 2,827

$0.79 R$4.03

12.66%

Local Beer (0.5 liter draught)

$1.87 COP 5,931

$1.48 R$7.51

26.35%

Imported Beer (0.33 liter bottle)

$3.92 COP 12.4K

$3.02 R$15.33

29.80%

Milk (1 liter)

$1.67 COP 5,284

$1.05 R$5.33

59.05%

White Bread (500g)

$2.53 COP 8,019

$1.64 R$8.33

54.27%

Rice (white) (1kg)

$1.71 COP 5,436

$1.20 R$6.11

42.50%

Eggs

$3.42 COP 10.9K

$2.11 R$10.72

62.09%

Local Cheese (1kg)

$7.84 COP 24.9K

$8.75 R$44.36

-10.40%

Chicken Fillets (1kg)

$7.33 COP 23.2K

$4.39 R$22.24

66.97%

Beef Round Steak (1kg)

$9.69 COP 30.7K

$8.31 R$42.13

16.61%

Apples (1kg)

$3.59 COP 11.4K

$2.30 R$11.65

56.09%

Banana (1kg)

$1.79 COP 5,687

$1.27 R$6.46

40.94%

Oranges (1kg)

$1.99 COP 6,320

$1.26 R$6.41

57.94%

Tomato (1kg)

$1.73 COP 5,494

$1.55 R$7.87

11.61%

Potato (1kg)

$1.44 COP 4,577

$1.17 R$5.92

23.08%

Onion (1kg)

$1.45 COP 4,591

$1.03 R$5.21

40.78%

Lettuce (1 head)

$1.29 COP 4,104

$0.84 R$4.25

53.57%

Water (1.5 liter bottle)

$1.20 COP 3,795

$0.80 R$4.07

50.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.36 COP 13.8K

$2.31 R$11.69

88.74%

Wine (Bottle)

$12.53 COP 39.7K

$8.04 R$40.76

55.85%

Local Beer (0.5 liter bottle)

$1.41 COP 4,455

$1.26 R$6.41

11.90%

Imported Beer (0.33 liter bottle)

$2.81 COP 8,922

$1.97 R$10.00

42.64%

One-way Ticket (Public Transport)

$1.10 COP 3,480

$0.76 R$3.85

44.74%

Public Transport Monthly Pass (Regular Price)

$50.7 COP 160.9K

$38.30 R$194

32.48%

Taxi Start (Normal Tariff)

$2.40 COP 7,622

$1.34 R$6.81

79.10%

Taxi (Normal Tariff) (1km)

$2.32 COP 7,366

$0.86 R$4.34

169.77%

Taxi 1hour Waiting (Normal Tariff)

$9.34 COP 29.6K

$6.97 R$35.35

34.00%

Gasoline (1 liter)

$1.36 COP 4,299

$1.03 R$5.23

32.04%

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

$35.4K COP 112.1M

$25.8K R$131.0K

36.87%

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

$35.3K COP 111.9M

$30.9K R$156.4K

14.34%

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

$127 COP 402.4K

$78.3 R$397

62.08%

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

$16.30 COP 51.7K

$13.80 R$70.0

18.12%

Internet (50+ Mbps, Unlimited Data)

$30.93 COP 98.1K

$19.30 R$97.9

60.26%

Gym Membership (Monthly)

$33.46 COP 106.1K

$25.26 R$128

32.46%

Tennis Court (1 Hour on Weekend)

$15.35 COP 48.7K

$24.74 R$125

-37.95%

Cinema Ticket

$8.00 COP 25.4K

$7.71 R$39.11

3.76%

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

$494 COP 1.6M

$242 R$1,225

104.59%

International Primary School, 1 Child (Yearly)

$7,606 COP 24.1M

$7,287 R$36.9K

4.37%

Jeans (Levis 501 Or Similar)

$86.1 COP 273.1K

$55.9 R$283

54.11%

Summer Dress (H&M, Zara, etc)

$48.55 COP 153.9K

$50.4 R$255

-3.57%

Sport Shoes (Adidas, Nike)

$143 COP 454.4K

$90.5 R$459

58.31%

Men's Leather Business Shoes

$106 COP 336.9K

$69.5 R$352

52.99%

1-bedroom Apartment, City Center (Monthly)

$801 COP 2.5M

$354 R$1,793

126.54%

1-bedroom Apartment, Outside City Center (Monthly)

$448 COP 1.4M

$238 R$1,205

88.65%

3-bedroom Apartment, City Center (Monthly)

$1,274 COP 4.0M

$655 R$3,323

94.35%

3-bedroom Apartment, Outside City Center (Monthly)

$1,001 COP 3.2M

$466 R$2,363

114.68%

Buy Apartment in City Center (m2)

$2,847 COP 9.0M

$1,599 R$8,106

78.06%

Buy Apartment Outside City Center (m2)

$2,319 COP 7.4M

$1,006 R$5,100

130.50%

Average Monthly Net Salary (After Tax)

$799 COP 2.5M

$414 R$2,097

93.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

16.45%

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

Last update for Bogota: October 18, 2026

Last update for Montes Claros: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$448 33.9%

Montes Claros

$238 28.2% 47% $211

Groceries & Markets

Bogota

$262 19.8%

Montes Claros

$190 22.5% 27.3% $71

Monthly Utilities & Internet

Bogota

$174 13.2%

Montes Claros

$111 13.2% 36% $63

Clothing & Footwear

Bogota

$173 13.1%

Montes Claros

$120 14.2% 30.7% $53

Eating Out

Bogota

$148 11.2%

Montes Claros

$97 11.6% 34.2% $51

Getting Around

Bogota

$69 5.2%

Montes Claros

$47 5.6% 32.1% $22

Sport & Entertainment

Bogota

$49 3.7%

Montes Claros

$41 4.8% 17.7% $8.8

Cost Breakdown

A central one-bedroom costs $801 in Bogota versus $354 in Montes Claros. 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 93% 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 $32.00 in Montes Claros. Monthly groceries follow the same trend: $262 vs $190 – making Montes Claros the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇧🇷 Montes Claros

🕒 Local time

17:46 5:46 PM

19:46 7:46 PM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

414,240

💱 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 22, 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 22, 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

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Between locations

Bogota Montes Claros 4,090 km ≈ 6 h nonstop flight

From you

Bogota
Montes Claros

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 Montes Claros: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 57%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,986 per month in Bogota and $1,266 in Montes Claros. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montes Claros, 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 $1,324 in Bogota and $844 in Montes Claros. That's a gap of about 57%.

Public transport costs about 32% less in Montes Claros. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Montes Claros, where all-in costs run around $844, than in Bogota at $1,324. In Montes Claros it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Montes Claros – 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 Montes Claros. 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.