Last update: Oct 2026

Cost of Living Comparison Between Bogota and Ouro Preto, Minas Gerais

For one person, living is cheaper in Ouro Preto, Minas Gerais: $818 a month against $1,323 in Bogota, rent and utilities included – about $6,100 less a year. Rent and utilities account for about half of the difference.

Bogota
🇨🇴 Colombia
$1,323
/mo nomad
Ouro Preto, Minas Gerais
🇧🇷 Brazil
$818
/mo nomad
Monthly Cost of Living

How much you'll spend in Bogota and in Ouro Preto, Minas Gerais

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 Ouro Preto, Minas Gerais actually costs, broken down by who's living it.

A single person spends $1,323 per month in Bogota vs $818 in Ouro Preto, Minas Gerais, rent included.

  • Bogota $1,323
  • Ouro Preto, Minas Gerais $818

A couple spends around $2,110 per month in Bogota vs $1,265 in Ouro Preto, Minas Gerais, rent included.

  • Bogota $2,110
  • Ouro Preto, Minas Gerais $1,265

A family of three spends $2,897 per month in Bogota vs $1,712 in Ouro Preto, Minas Gerais, rent included.

  • Bogota $2,897
  • Ouro Preto, Minas Gerais $1,712

Bogota costs about 62% more than Ouro Preto, Minas Gerais, and outside of rent the biggest gap is in groceries.

Both Bogota and Ouro Preto, Minas Gerais are more affordable than the global median – Bogota 2% lower, Ouro Preto, Minas Gerais 39% lower.

Currency
🍽 Eating Out
Bogota
Ouro Preto, Minas Gerais
Difference
Meal at Budget Restaurant
$7.65 COP 24.3K
$4.41 R$22.13
73.47%
Three-Course Dinner for Two, Mid-Range
$41.44 COP 131.8K
$15.91 R$79.8
160.47%
Fast Food Meal (McDonalds, etc)
$10.38 COP 33.0K
$7.30 R$36.65
42.19%
Cappuccino
$2.53 COP 8,037
$1.71 R$8.60
47.95%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.35 COP 4,290
$1.43 R$7.18
-5.59%
Water (0.33 liter bottle)
$0.87 COP 2,760
$0.62 R$3.12
40.32%
Local Beer (0.5 liter draught)
$2.06 COP 6,563
$1.22 R$6.11
68.85%
Imported Beer (0.33 liter bottle)
$3.98 COP 12.6K
$2.47 R$12.38
61.13%
🛒 Groceries & Markets
Bogota
Ouro Preto, Minas Gerais
Difference
Milk (1 liter)
$1.65 COP 5,257
$0.94 R$4.69
75.53%
White Bread (500g)
$2.40 COP 7,642
$1.57 R$7.89
52.87%
Rice (white) (1kg)
$1.69 COP 5,362
$1.38 R$6.91
22.46%
Eggs
$3.54 COP 11.2K
$2.02 R$10.16
75.25%
Local Cheese (1kg)
$7.89 COP 25.1K
$9.22 R$46.26
-14.43%
Chicken Fillets (1kg)
$7.30 COP 23.2K
$3.53 R$17.69
106.80%
Beef Round Steak (1kg)
$9.87 COP 31.4K
$10.05 R$50.5
-1.79%
Apples (1kg)
$3.58 COP 11.4K
$1.94 R$9.75
84.54%
Banana (1kg)
$1.84 COP 5,840
$1.16 R$5.82
58.62%
Oranges (1kg)
$1.90 COP 6,031
$0.93 R$4.68
104.30%
Tomato (1kg)
$1.74 COP 5,534
$1.23 R$6.20
41.46%
Potato (1kg)
$1.41 COP 4,499
$0.71 R$3.54
98.59%
Onion (1kg)
$1.37 COP 4,345
$0.86 R$4.32
59.30%
Lettuce (1 head)
$1.30 COP 4,144
$0.54 R$2.69
140.74%
Water (1.5 liter bottle)
$1.15 COP 3,654
$0.77 R$3.85
49.35%
Cigarettes 20 Pack (Marlboro, Camel)
$4.32 COP 13.7K
$1.57 R$7.86
175.16%
Wine (Bottle)
$12.76 COP 40.6K
$5.94 R$29.78
114.81%
Local Beer (0.5 liter bottle)
$1.43 COP 4,557
$0.98 R$4.93
45.92%
Imported Beer (0.33 liter bottle)
$2.83 COP 9,014
$1.37 R$6.90
106.57%
🚌 Getting Around
Bogota
Ouro Preto, Minas Gerais
Difference
One-way Ticket (Public Transport)
$1.08 COP 3,444
$1.04 R$5.22
3.85%
Public Transport Monthly Pass (Regular Price)
$50.8 COP 161.6K
$43.37 R$218
17.13%
Taxi Start (Normal Tariff)
$2.38 COP 7,574
$1.38 R$6.91
72.46%
Taxi (Normal Tariff) (1km)
$2.34 COP 7,434
$0.74 R$3.69
216.22%
Taxi 1hour Waiting (Normal Tariff)
$9.20 COP 29.3K
$3.97 R$19.89
131.74%
Gasoline (1 liter)
$1.33 COP 4,226
$1.31 R$6.56
1.53%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$23.5K COP 74.7M
$11.9K R$59.9K
96.48%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.6K COP 113.4M
$29.6K R$148.4K
20.52%
🧾 Monthly Utilities & Internet
Bogota
Ouro Preto, Minas Gerais
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$125 COP 399.0K
$60.4 R$303
107.56%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.29 COP 51.8K
$9.88 R$49.55
64.88%
Internet (50+ Mbps, Unlimited Data)
$30.21 COP 96.1K
$19.42 R$97.5
55.56%
🎉 Sport & Entertainment
Bogota
Ouro Preto, Minas Gerais
Difference
Gym Membership (Monthly)
$34.11 COP 108.5K
$25.65 R$129
32.98%
Tennis Court (1 Hour on Weekend)
$15.37 COP 48.9K
$27.30 R$137
-43.70%
Cinema Ticket
$7.84 COP 24.9K
$6.64 R$33.29
18.07%
🧸 Childcare & Education
Bogota
Ouro Preto, Minas Gerais
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$501 COP 1.6M
$146 R$731
244.01%
International Primary School, 1 Child (Yearly)
$7,450 COP 23.7M
$2,019 R$10.1K
269.08%
👕👟 Clothing & Footwear
Bogota
Ouro Preto, Minas Gerais
Difference
Jeans (Levis 501 Or Similar)
$82.8 COP 263.4K
$71.5 R$359
15.85%
Summer Dress (H&M, Zara, etc)
$47.40 COP 150.8K
$84.3 R$423
-43.76%
Sport Shoes (Adidas, Nike)
$142 COP 450.8K
$67.2 R$337
111.06%
Men's Leather Business Shoes
$106 COP 338.5K
$48.89 R$245
117.65%
🏠 Accommodation & Living
Bogota
Ouro Preto, Minas Gerais
Difference
1-bedroom Apartment, City Center (Monthly)
$803 COP 2.6M
$359 R$1,799
123.93%
1-bedroom Apartment, Outside City Center (Monthly)
$452 COP 1.4M
$242 R$1,213
86.81%
3-bedroom Apartment, City Center (Monthly)
$1,244 COP 4.0M
$670 R$3,359
85.79%
3-bedroom Apartment, Outside City Center (Monthly)
$974 COP 3.1M
$451 R$2,264
115.84%
Buy Apartment in City Center (m2)
$2,816 COP 9.0M
$1,882 R$9,445
49.61%
Buy Apartment Outside City Center (m2)
$2,354 COP 7.5M
$1,339 R$6,718
75.85%
💵 Salaries & Financials
Bogota
Ouro Preto, Minas Gerais
Difference
Average Monthly Net Salary (After Tax)
$813 COP 2.6M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
12.81
10.67
20.06%

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

Last update for Bogota: October 11, 2026

Last update for Ouro Preto, Minas Gerais: October 13, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Bogota
$452
Ouro Preto, Minas Gerais
$242 46.5% $210
Groceries & Markets
Bogota
$261
Ouro Preto, Minas Gerais
$175 32.7% $85
Monthly Utilities & Internet
Bogota
$172
Ouro Preto, Minas Gerais
$90 47.8% $82
Clothing & Footwear
Bogota
$170
Ouro Preto, Minas Gerais
$122 28.2% $48
Eating Out
Bogota
$150
Ouro Preto, Minas Gerais
$97 35.2% $53
Getting Around
Bogota
$69
Ouro Preto, Minas Gerais
$53 24% $17
Sport & Entertainment
Bogota
$50
Ouro Preto, Minas Gerais
$39 21.8% $11

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $359 in Ouro Preto, Minas Gerais. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $41.00 in Bogota versus $16.00 in Ouro Preto, Minas Gerais. Monthly groceries follow the same trend: $261 vs $175 – making Ouro Preto, Minas Gerais the more affordable choice for daily food spending.

Good to know
🇨🇴 Bogota
🇧🇷 Ouro Preto, Minas Gerais
🕒 Local time
15:02 3:02 PM
17:02 5:02 PM
2 h ahead of Bogota
🌤 Weather
👥 Population
8,181,047 Capital
74,821
💱 Currency
Exchange rates and currency converter

BRL, USD, EUR to COP – Colombian Peso Converter

Colombian Peso exchange rates as of October 14, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,564 COP (10,000 COP = 2.81 EUR).

Brazilian Real exchange rates as of October 14, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

On the map
Between locations
  • Bogota Ouro Preto, Minas Gerais 4,350 km ≈ 6 h nonstop flight
From you
  • Bogota
  • Ouro Preto, Minas Gerais

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 Ouro Preto, Minas Gerais: Cost of Living - Frequently Asked Questions
Is Ouro Preto, Minas Gerais cheaper than Bogota?
Yes – Bogota is pricier by about 62%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,985 per month in Bogota and $1,227 in Ouro Preto, Minas Gerais. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Ouro Preto, Minas Gerais, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Bogota and in Ouro Preto, Minas Gerais?
Monthly expenses with rent come to $1,323 in Bogota and $818 in Ouro Preto, Minas Gerais. That's a gap of about 62%.
Which city has cheaper public transport?
Public transport costs about 17% less in Ouro Preto, Minas Gerais. For daily commuters, that gap adds up to noticeable savings over a year.
Is $1,500 a realistic budget for living in Bogota or in Ouro Preto, Minas Gerais?
A $1,500 monthly budget goes further in Ouro Preto, Minas Gerais, where all-in costs run around $818, than in Bogota at $1,323. In Ouro Preto, Minas Gerais it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.
Is Bogota or Ouro Preto, Minas Gerais more family-friendly?
Families tend to lean toward Ouro Preto, Minas Gerais – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Bogota or Ouro Preto, Minas Gerais?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Ouro Preto, Minas Gerais. 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.

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