Last update: Oct 2026

Cost of Living Comparison Between Bogota and Palmas

For one person, living is cheaper in Palmas: $834 a month against $1,324 in Bogota, rent and utilities included – about $5,900 less a year. Rent and utilities account for about half of the difference.

64

Cost of Living Index in Bogota
Learn more

Bogota Living Index
40

Cost of Living Index in Palmas
Learn more

Palmas Living Index

Jump to prices

Bogota

🇨🇴 Colombia

$1,324

/mo nomad

Palmas

🇧🇷 Brazil

$834

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Palmas

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

A single person spends $1,324 per month in Bogota vs $834 in Palmas, rent included.

Bogota $1,324
Palmas $834

A couple spends around $2,127 per month in Bogota vs $1,292 in Palmas, rent included.

Bogota $2,127
Palmas $1,292

A family of three spends $2,931 per month in Bogota vs $1,751 in Palmas, rent included.

Bogota $2,931
Palmas $1,751

Bogota costs about 59% more than Palmas, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$7.78 COP 24.7K

$3.96 R$20.06

96.46%

Three-Course Dinner for Two, Mid-Range

$41.36 COP 131.1K

$20.09 R$102

105.87%

Fast Food Meal (McDonalds, etc)

$10.02 COP 31.8K

$8.07 R$40.93

24.16%

Cappuccino

$2.48 COP 7,877

$1.43 R$7.27

73.43%

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

$1.33 COP 4,215

$1.82 R$9.21

-26.92%

Water (0.33 liter bottle)

$0.89 COP 2,827

$1.12 R$5.69

-20.54%

Local Beer (0.5 liter draught)

$1.87 COP 5,931

$1.42 R$7.22

31.69%

Imported Beer (0.33 liter bottle)

$3.92 COP 12.4K

$3.10 R$15.70

26.45%

Milk (1 liter)

$1.67 COP 5,284

$1.08 R$5.47

54.63%

White Bread (500g)

$2.53 COP 8,019

$1.47 R$7.45

72.11%

Rice (white) (1kg)

$1.71 COP 5,436

$1.24 R$6.28

37.90%

Eggs

$3.42 COP 10.9K

$2.67 R$13.52

28.09%

Local Cheese (1kg)

$7.84 COP 24.9K

$7.12 R$36.11

10.11%

Chicken Fillets (1kg)

$7.33 COP 23.2K

$3.12 R$15.80

134.94%

Beef Round Steak (1kg)

$9.69 COP 30.7K

$6.31 R$31.98

53.57%

Apples (1kg)

$3.59 COP 11.4K

$2.17 R$10.98

65.44%

Banana (1kg)

$1.79 COP 5,687

$1.75 R$8.85

2.29%

Oranges (1kg)

$1.99 COP 6,320

$1.23 R$6.25

61.79%

Tomato (1kg)

$1.73 COP 5,494

$1.22 R$6.21

41.80%

Potato (1kg)

$1.44 COP 4,577

$1.27 R$6.42

13.39%

Onion (1kg)

$1.45 COP 4,591

$1.07 R$5.43

35.51%

Lettuce (1 head)

$1.29 COP 4,104

$0.77 R$3.91

67.53%

Water (1.5 liter bottle)

$1.20 COP 3,795

$0.77 R$3.91

55.84%

Cigarettes 20 Pack (Marlboro, Camel)

$4.36 COP 13.8K

$2.46 R$12.48

77.24%

Wine (Bottle)

$12.53 COP 39.7K

$7.16 R$36.30

75.00%

Local Beer (0.5 liter bottle)

$1.41 COP 4,455

$1.32 R$6.71

6.82%

Imported Beer (0.33 liter bottle)

$2.81 COP 8,922

$2.10 R$10.66

33.81%

One-way Ticket (Public Transport)

$1.10 COP 3,480

$0.73 R$3.72

50.68%

Public Transport Monthly Pass (Regular Price)

$50.7 COP 160.9K

$43.43 R$220

16.83%

Taxi Start (Normal Tariff)

$2.40 COP 7,622

$1.32 R$6.71

81.82%

Taxi (Normal Tariff) (1km)

$2.32 COP 7,366

$0.84 R$4.28

176.19%

Taxi 1hour Waiting (Normal Tariff)

$9.34 COP 29.6K

$7.84 R$39.74

19.13%

Gasoline (1 liter)

$1.36 COP 4,299

$1.20 R$6.08

13.33%

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

$35.4K COP 112.1M

$23.9K R$121.4K

47.69%

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

$35.3K COP 111.9M

$33.0K R$167.3K

6.89%

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

$127 COP 402.4K

$115 R$581

10.65%

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

$16.30 COP 51.7K

$11.64 R$59.0

40.03%

Internet (50+ Mbps, Unlimited Data)

$30.93 COP 98.1K

$19.99 R$101

54.73%

Gym Membership (Monthly)

$33.46 COP 106.1K

$23.48 R$119

42.50%

Tennis Court (1 Hour on Weekend)

$15.35 COP 48.7K

$27.34 R$139

-43.86%

Cinema Ticket

$8.00 COP 25.4K

$6.58 R$33.36

21.58%

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

$494 COP 1.6M

$155 R$785

219.31%

International Primary School, 1 Child (Yearly)

$7,606 COP 24.1M

$7,304 R$37.0K

4.12%

Jeans (Levis 501 Or Similar)

$86.1 COP 273.1K

$36.91 R$187

133.35%

Summer Dress (H&M, Zara, etc)

$48.55 COP 153.9K

$50.5 R$256

-3.84%

Sport Shoes (Adidas, Nike)

$143 COP 454.4K

$115 R$583

24.72%

Men's Leather Business Shoes

$106 COP 336.9K

$72.5 R$368

46.54%

1-bedroom Apartment, City Center (Monthly)

$801 COP 2.5M

$299 R$1,514

168.34%

1-bedroom Apartment, Outside City Center (Monthly)

$448 COP 1.4M

$204 R$1,035

119.63%

3-bedroom Apartment, City Center (Monthly)

$1,274 COP 4.0M

$624 R$3,162

104.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,001 COP 3.2M

$427 R$2,165

134.30%

Buy Apartment in City Center (m2)

$2,847 COP 9.0M

$1,718 R$8,707

65.77%

Buy Apartment Outside City Center (m2)

$2,319 COP 7.4M

$1,207 R$6,116

92.21%

Average Monthly Net Salary (After Tax)

$799 COP 2.5M

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 Palmas: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$448 33.9%

Palmas

$204 24.5% 54.5% $244

Groceries & Markets

Bogota

$262 19.8%

Palmas

$173 20.7% 34% $89

Monthly Utilities & Internet

Bogota

$174 13.2%

Palmas

$146 17.6% 16% $28

Clothing & Footwear

Bogota

$173 13.1%

Palmas

$124 14.8% 28.5% $49

Eating Out

Bogota

$148 11.2%

Palmas

$98 11.8% 33.7% $50

Getting Around

Bogota

$69 5.2%

Palmas

$52 6.2% 24.9% $17

Sport & Entertainment

Bogota

$49 3.7%

Palmas

$37 4.4% 25.9% $13

Cost Breakdown

A central one-bedroom costs $801 in Bogota versus $299 in Palmas. 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 $20.00 in Palmas. Monthly groceries follow the same trend: $262 vs $173 – making Palmas the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇧🇷 Palmas

🕒 Local time

16:09 4:09 PM

18:09 6:09 PM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

302,692

💱 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

Lowest

Highest

Between locations

Bogota Palmas 3,300 km ≈ 4 h 30 min nonstop flight

From you

Bogota
Palmas

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 Palmas: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 59%, 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 $1,250 in Palmas. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Palmas, 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 $834 in Palmas. That's a gap of about 59%.

Public transport costs about 17% less in Palmas. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Palmas, where all-in costs run around $834, than in Bogota at $1,324. In Palmas it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Palmas – 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 Palmas. 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.