Last update: Oct 2026

Cost of Living Comparison Between Bogota and Port of Spain

For one person, living is cheaper in Bogota: $1,310 a month against $1,648 in Port of Spain, rent and utilities included – about $4,100 less a year. Other living expenses account for most of the difference.

62

Cost of Living Index in Bogota
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Bogota Living Index
79

Cost of Living Index in Port of Spain
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Port of Spain Living Index

Jump to prices

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Port of Spain

🇹🇹 Trinidad And Tobago

$1,648

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Port of Spain

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 Port of Spain actually costs, broken down by who's living it.

A single person spends $1,310 per month in Bogota vs $1,648 in Port of Spain, rent included.

Bogota $1,310
Port of Spain $1,648

A couple spends around $2,073 per month in Bogota vs $2,743 in Port of Spain, rent included.

Bogota $2,073
Port of Spain $2,743

A family of three spends $2,836 per month in Bogota vs $3,838 in Port of Spain, rent included.

Bogota $2,836
Port of Spain $3,838

Bogota is about 20% cheaper than Port of Spain, and outside of rent the biggest gap is in groceries.

Bogota sits 2% below the global median, while Port of Spain is 23% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.62 COP 24.3K

$10.51 TTD 70.9

-27.50%

Three-Course Dinner for Two, Mid-Range

$40.93 COP 130.4K

$88.3 TTD 596

-53.66%

Fast Food Meal (McDonalds, etc)

$9.96 COP 31.7K

$9.06 TTD 61.2

9.93%

Cappuccino

$2.46 COP 7,851

$3.83 TTD 25.85

-35.77%

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

$1.36 COP 4,348

$1.05 TTD 7.07

29.52%

Water (0.33 liter bottle)

$0.82 COP 2,603

$0.77 TTD 5.21

6.49%

Local Beer (0.5 liter draught)

$2.01 COP 6,405

$2.24 TTD 15.10

-10.27%

Imported Beer (0.33 liter bottle)

$3.85 COP 12.3K

$3.60 TTD 24.27

6.94%

Milk (1 liter)

$1.62 COP 5,160

$2.52 TTD 16.99

-35.71%

White Bread (500g)

$2.46 COP 7,828

$2.49 TTD 16.80

-1.20%

Rice (white) (1kg)

$1.65 COP 5,256

$2.84 TTD 19.15

-41.90%

Eggs

$3.45 COP 11.0K

$4.30 TTD 29.05

-19.77%

Local Cheese (1kg)

$7.69 COP 24.5K

$6.70 TTD 45.20

14.78%

Chicken Fillets (1kg)

$7.02 COP 22.4K

$10.03 TTD 67.7

-30.01%

Beef Round Steak (1kg)

$9.72 COP 31.0K

$11.45 TTD 77.3

-15.11%

Apples (1kg)

$3.47 COP 11.1K

$5.60 TTD 37.82

-38.04%

Banana (1kg)

$1.78 COP 5,673

$3.03 TTD 20.48

-41.25%

Oranges (1kg)

$1.96 COP 6,240

$3.72 TTD 25.11

-47.31%

Tomato (1kg)

$1.75 COP 5,579

$4.36 TTD 29.44

-59.86%

Potato (1kg)

$1.40 COP 4,460

$2.21 TTD 14.92

-36.65%

Onion (1kg)

$1.39 COP 4,433

$1.87 TTD 12.60

-25.67%

Lettuce (1 head)

$1.31 COP 4,188

$1.85 TTD 12.51

-29.19%

Water (1.5 liter bottle)

$1.16 COP 3,685

$1.40 TTD 9.48

-17.14%

Cigarettes 20 Pack (Marlboro, Camel)

$4.15 COP 13.2K

$5.78 TTD 39.03

-28.20%

Wine (Bottle)

$12.24 COP 39.0K

$18.94 TTD 128

-35.37%

Local Beer (0.5 liter bottle)

$1.42 COP 4,528

$2.32 TTD 15.68

-38.79%

Imported Beer (0.33 liter bottle)

$2.83 COP 9,022

$2.97 TTD 20.07

-4.71%

One-way Ticket (Public Transport)

$1.06 COP 3,391

$1.34 TTD 9.07

-20.90%

Public Transport Monthly Pass (Regular Price)

$48.65 COP 155.0K

$132 TTD 891

-63.14%

Taxi Start (Normal Tariff)

$2.28 COP 7,259

$1.06 TTD 7.15

115.09%

Taxi (Normal Tariff) (1km)

$2.31 COP 7,377

$1.28 TTD 8.63

80.47%

Taxi 1hour Waiting (Normal Tariff)

$9.26 COP 29.5K

$14.85 TTD 100

-37.64%

Gasoline (1 liter)

$1.26 COP 4,000

$1.16 TTD 7.80

8.62%

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

$23.4K COP 74.5M

$37.1K TTD 250.6K

-37.04%

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

$35.3K COP 112.5M

$40.6K TTD 273.9K

-12.97%

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

$121 COP 385.4K

$92.7 TTD 626

30.41%

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

$15.63 COP 49.8K

$52.0 TTD 351

-69.94%

Internet (50+ Mbps, Unlimited Data)

$29.00 COP 92.4K

$57.1 TTD 385

-49.19%

Gym Membership (Monthly)

$32.55 COP 103.7K

$57.3 TTD 387

-43.15%

Tennis Court (1 Hour on Weekend)

$15.14 COP 48.2K

$13.18 TTD 89.0

14.87%

Cinema Ticket

$7.55 COP 24.0K

$8.73 TTD 58.9

-13.52%

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

$465 COP 1.5M

$392 TTD 2,647

18.56%

International Primary School, 1 Child (Yearly)

$8,119 COP 25.9M

$10.8K TTD 72.6K

-24.52%

Jeans (Levis 501 Or Similar)

$82.5 COP 262.8K

$55.7 TTD 376

48.12%

Summer Dress (H&M, Zara, etc)

$46.69 COP 148.8K

$52.1 TTD 351

-10.30%

Sport Shoes (Adidas, Nike)

$142 COP 452.7K

$143 TTD 967

-0.83%

Men's Leather Business Shoes

$104 COP 331.7K

$104 TTD 700

0.38%

1-bedroom Apartment, City Center (Monthly)

$781 COP 2.5M

$1,001 TTD 6,757

-21.95%

1-bedroom Apartment, Outside City Center (Monthly)

$440 COP 1.4M

$511 TTD 3,449

-13.88%

3-bedroom Apartment, City Center (Monthly)

$1,258 COP 4.0M

$2,176 TTD 14.7K

-42.20%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$1,201 TTD 8,105

-18.88%

Buy Apartment in City Center (m2)

$2,755 COP 8.8M

$4,579 TTD 30.9K

-39.84%

Buy Apartment Outside City Center (m2)

$2,239 COP 7.1M

$1,991 TTD 13.4K

12.49%

Average Monthly Net Salary (After Tax)

$795 COP 2.5M

$778 TTD 5,255

2.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

5.75

122.78%

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

Last update for Bogota: October 3, 2026

Last update for Port of Spain: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$440 34%

Port of Spain

$511 31.3% 16.1% $71

Groceries & Markets

Bogota

$256 19.9%

Port of Spain

$356 21.8% 38.9% $100

Clothing & Footwear

Bogota

$169 13.1%

Port of Spain

$160 9.8% 5.5% $9.3

Monthly Utilities & Internet

Bogota

$166 12.8%

Port of Spain

$202 12.4% 21.9% $36

Eating Out

Bogota

$147 11.4%

Port of Spain

$183 11.2% 24.4% $36

Getting Around

Bogota

$67 5.2%

Port of Spain

$145 8.9% 117% $78

Sport & Entertainment

Bogota

$48 3.7%

Port of Spain

$75 4.6% 56.8% $27

Cost Breakdown

A central one-bedroom costs $781 in Bogota versus $1,001 in Port of Spain. 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 2% higher in Bogota, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $41.00 in Bogota versus $88.0 in Port of Spain. Monthly groceries follow the same trend: $256 vs $356 – making Bogota the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇹🇹 Port of Spain

🕒 Local time

03:57 3:57 AM

04:57 4:57 AM

1 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

37,074 Capital

💱 Currency

Colombian Peso COP $

Trinidad and Tobago Dollar TTD $

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 TTD = 0.148 USD

1 TTD = 0.132 EUR

Exchange rates and currency converter

TTD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,574 COP (10,000 COP = 2.8 EUR).

Trinidad and Tobago Dollar exchange rates as of October 10, 2026: 1 USD = 6.75 TTD (1 TTD = 0.148 USD). 1 EUR = 7.57 TTD (1 TTD = 0.132 EUR).

USD to COP in detail →

On the map

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Between locations

Bogota Port of Spain 1,530 km ≈ 2 h 30 min nonstop flight

From you

Bogota
Port of Spain

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 Port of Spain: Cost of Living - Frequently Asked Questions

Yes – Port of Spain is pricier by about 26%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,966 per month in Bogota and $2,472 in Port of Spain. 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 $1,310 in Bogota and $1,648 in Port of Spain. That's a gap of about 26%.

Public transport costs about 171% 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 $1,310, than in Port of Spain at $1,648. In Bogota it covers expenses comfortably, while in Port of Spain 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, Port of Spain makes more sense. Both are solid long-term options with distinct trade-offs.