Last update: Oct 2026

Cost of Living Comparison Between Bogota and Puerto Montt

For one person, living is cheaper in Puerto Montt: $453 a month against $1,323 in Bogota, rent and utilities included – about $10,400 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
50

Cost of Living Index in Puerto Montt
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Puerto Montt Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Puerto Montt

🇨🇱 Chile

$453

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Puerto Montt

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

A single person spends $1,323 per month in Bogota vs $453 in Puerto Montt, rent included.

Bogota $1,323
Puerto Montt $453

A couple spends around $2,110 per month in Bogota vs $758 in Puerto Montt, rent included.

Bogota $2,110
Puerto Montt $758

A family of three spends $2,897 per month in Bogota vs $1,064 in Puerto Montt, rent included.

Bogota $2,897
Puerto Montt $1,064

Bogota costs about 192% more than Puerto Montt, and outside of rent the biggest gap is in clothing.

Both Bogota and Puerto Montt are more affordable than the global median – Bogota 2% lower, Puerto Montt 66% lower.

Meal at Budget Restaurant

$7.65 COP 24.3K

$8.01 CLP 7,886

-4.49%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$36.02 CLP 35.5K

15.05%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$7.23 CLP 7,112

43.57%

Cappuccino

$2.53 COP 8,011

$2.74 CLP 2,697

-7.66%

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

$1.35 COP 4,277

$0.96 CLP 944

40.63%

Water (0.33 liter bottle)

$0.87 COP 2,752

$0.93 CLP 918

-6.45%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

Milk (1 liter)

$1.65 COP 5,240

$1.14 CLP 1,121

44.74%

White Bread (500g)

$2.40 COP 7,618

$2.49 CLP 2,456

-3.61%

Rice (white) (1kg)

$1.69 COP 5,345

$1.47 CLP 1,448

14.97%

Eggs

$3.54 COP 11.2K

$3.21 CLP 3,162

10.28%

Local Cheese (1kg)

$7.89 COP 25.0K

$11.41 CLP 11.2K

-30.85%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$5.69 CLP 5,598

28.30%

Beef Round Steak (1kg)

$9.87 COP 31.3K

$6.85 CLP 6,744

44.09%

Apples (1kg)

$3.58 COP 11.4K

$1.04 CLP 1,021

244.23%

Banana (1kg)

$1.84 COP 5,822

$1.35 CLP 1,326

36.30%

Oranges (1kg)

$1.90 COP 6,012

$2.70 CLP 2,659

-29.63%

Tomato (1kg)

$1.74 COP 5,517

$1.82 CLP 1,788

-4.40%

Potato (1kg)

$1.41 COP 4,484

Onion (1kg)

$1.37 COP 4,332

$1.56 CLP 1,536

-12.18%

Lettuce (1 head)

$1.30 COP 4,131

$1.32 CLP 1,296

-1.52%

Water (1.5 liter bottle)

$1.15 COP 3,643

$1.46 CLP 1,438

-21.23%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$4.55 CLP 4,482

-5.05%

Wine (Bottle)

$12.76 COP 40.5K

$5.68 CLP 5,588

124.65%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

$1.39 CLP 1,368

2.88%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$1.54 CLP 1,519

83.77%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$0.89 CLP 875

21.35%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

Taxi Start (Normal Tariff)

$2.38 COP 7,550

Taxi (Normal Tariff) (1km)

$2.34 COP 7,411

Taxi 1hour Waiting (Normal Tariff)

$9.20 COP 29.2K

Gasoline (1 liter)

$1.33 COP 4,213

$1.30 CLP 1,282

2.31%

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

$23.5K COP 74.4M

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

$35.6K COP 113.0M

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

$125 COP 397.8K

$62.0 CLP 61.0K

102.47%

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

$16.29 COP 51.6K

$11.06 CLP 10.9K

47.29%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$31.03 CLP 30.5K

-2.64%

Gym Membership (Monthly)

$34.11 COP 108.2K

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

Cinema Ticket

$7.84 COP 24.8K

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

$501 COP 1.6M

$145 CLP 142.5K

246.43%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

Men's Leather Business Shoes

$106 COP 337.4K

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$502 CLP 494.6K

59.83%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

Buy Apartment in City Center (m2)

$2,816 COP 8.9M

Buy Apartment Outside City Center (m2)

$2,354 COP 7.5M

Average Monthly Net Salary (After Tax)

$813 COP 2.6M

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

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

Last update for Bogota: October 11, 2026

Last update for Puerto Montt: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Puerto Montt

- * 0% 100%

Groceries & Markets

Bogota

$261 19.7%

Puerto Montt

$219 * 48.3% 16.1% $42

Monthly Utilities & Internet

Bogota

$172 13%

Puerto Montt

$104 23% 39.5% $68

Clothing & Footwear

Bogota

$170 12.9%

Puerto Montt

- * 0% 100%

Eating Out

Bogota

$150 11.3%

Puerto Montt

$126 * 27.9% 15.7% $24

Getting Around

Bogota

$69 5.2%

Puerto Montt

$3.6 * 0.8% 94.9% $66

Sport & Entertainment

Bogota

$50 3.8%

Puerto Montt

- * 0% 100%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $502 in Puerto Montt. 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 $36.00 in Puerto Montt. Monthly groceries follow the same trend: $261 vs $219 – making Puerto Montt the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇨🇱 Puerto Montt

🕒 Local time

21:08 9:08 PM

23:08 11:08 PM

2 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

169,736

💱 Currency

Colombian Peso COP $

Chilean Peso CLP $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

10,000 CLP = 10.16 USD

10,000 CLP = 9.04 EUR

Exchange rates and currency converter

CLP, 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).

Chilean Peso exchange rates as of October 19, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

USD to COP in detail →

On the map

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Between locations

Bogota Puerto Montt 5,140 km ≈ 7 h nonstop flight

From you

Bogota
Puerto Montt

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 Puerto Montt: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 192%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,985 per month in Bogota and $679 in Puerto Montt. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Puerto Montt, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $41.00 in Bogota and $36.00 in Puerto Montt. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 19% more in Bogota, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Puerto Montt, where all-in costs run around $453, than in Bogota at $1,323. In Puerto Montt it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Puerto Montt – 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 Puerto Montt. 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.