Last update: Oct 2026

Cost of Living Comparison Between Bogota and Thunder Bay

For one person, living is cheaper in Bogota: $1,323 a month against $2,179 in Thunder Bay, rent and utilities included – about $10,300 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
105

Cost of Living Index in Thunder Bay
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Thunder Bay Living Index

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Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Thunder Bay

🇨🇦 Canada

$2,179

/mo nomad

Monthly Cost of Living

How much you'll spend in Bogota and in Thunder Bay

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

A single person spends $1,323 per month in Bogota vs $2,179 in Thunder Bay, rent included.

Bogota $1,323
Thunder Bay $2,179

A couple spends around $2,110 per month in Bogota vs $3,301 in Thunder Bay, rent included.

Bogota $2,110
Thunder Bay $3,301

A family of three spends $2,897 per month in Bogota vs $4,423 in Thunder Bay, rent included.

Bogota $2,897
Thunder Bay $4,423

Bogota is about 39% cheaper than Thunder Bay, and outside of rent the biggest gap is in groceries.

Bogota sits 2% below the global median, while Thunder Bay is 61% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.65 COP 24.3K

$17.59 CA$24.87

-56.51%

Three-Course Dinner for Two, Mid-Range

$41.44 COP 131.4K

$60.1 CA$84.9

-31.01%

Fast Food Meal (McDonalds, etc)

$10.38 COP 32.9K

$12.43 CA$17.57

-16.49%

Cappuccino

$2.53 COP 8,011

$3.31 CA$4.68

-23.56%

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

$1.35 COP 4,277

$1.86 CA$2.63

-27.42%

Water (0.33 liter bottle)

$0.87 COP 2,752

$1.56 CA$2.20

-44.23%

Local Beer (0.5 liter draught)

$2.06 COP 6,542

$5.33 CA$7.53

-61.35%

Imported Beer (0.33 liter bottle)

$3.98 COP 12.6K

$4.98 CA$7.04

-20.08%

Milk (1 liter)

$1.65 COP 5,240

$2.28 CA$3.23

-27.63%

White Bread (500g)

$2.40 COP 7,618

$2.59 CA$3.67

-7.34%

Rice (white) (1kg)

$1.69 COP 5,345

$3.33 CA$4.71

-49.25%

Eggs

$3.54 COP 11.2K

$3.58 CA$5.06

-1.12%

Local Cheese (1kg)

$7.89 COP 25.0K

$16.32 CA$23.08

-51.65%

Chicken Fillets (1kg)

$7.30 COP 23.1K

$15.86 CA$22.42

-53.97%

Beef Round Steak (1kg)

$9.87 COP 31.3K

$16.23 CA$22.94

-39.19%

Apples (1kg)

$3.58 COP 11.4K

$3.31 CA$4.68

8.16%

Banana (1kg)

$1.84 COP 5,822

$1.16 CA$1.64

58.62%

Oranges (1kg)

$1.90 COP 6,012

$3.91 CA$5.53

-51.41%

Tomato (1kg)

$1.74 COP 5,517

$3.48 CA$4.92

-50.00%

Potato (1kg)

$1.41 COP 4,484

$2.48 CA$3.51

-43.15%

Onion (1kg)

$1.37 COP 4,332

$2.12 CA$3.00

-35.38%

Lettuce (1 head)

$1.30 COP 4,131

$2.85 CA$4.03

-54.39%

Water (1.5 liter bottle)

$1.15 COP 3,643

$2.27 CA$3.22

-49.34%

Cigarettes 20 Pack (Marlboro, Camel)

$4.32 COP 13.7K

$10.55 CA$14.92

-59.05%

Wine (Bottle)

$12.76 COP 40.5K

$8.93 CA$12.62

42.89%

Local Beer (0.5 liter bottle)

$1.43 COP 4,542

$2.01 CA$2.85

-28.86%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,986

$3.01 CA$4.26

-5.98%

One-way Ticket (Public Transport)

$1.08 COP 3,434

$2.24 CA$3.17

-51.79%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

$63.5 CA$89.7

-19.94%

Taxi Start (Normal Tariff)

$2.38 COP 7,550

$5.00 CA$7.07

-52.40%

Taxi (Normal Tariff) (1km)

$2.34 COP 7,411

$2.05 CA$2.90

14.15%

Taxi 1hour Waiting (Normal Tariff)

$9.20 COP 29.2K

$34.37 CA$48.58

-73.23%

Gasoline (1 liter)

$1.33 COP 4,213

$1.18 CA$1.66

12.71%

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

$23.5K COP 74.4M

$27.3K CA$38.6K

-14.07%

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

$35.6K COP 113.0M

$18.9K CA$26.7K

88.54%

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

$125 COP 397.8K

$160 CA$226

-21.37%

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

$16.29 COP 51.6K

$56.8 CA$80.3

-71.32%

Internet (50+ Mbps, Unlimited Data)

$30.21 COP 95.8K

$80.8 CA$114

-62.59%

Gym Membership (Monthly)

$34.11 COP 108.2K

$28.63 CA$40.48

19.14%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

$17.26 CA$24.41

-10.95%

Cinema Ticket

$7.84 COP 24.8K

$17.28 CA$24.43

-54.63%

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

$501 COP 1.6M

$663 CA$937

-24.35%

International Primary School, 1 Child (Yearly)

$7,450 COP 23.6M

Jeans (Levis 501 Or Similar)

$82.8 COP 262.6K

$77.0 CA$109

7.53%

Summer Dress (H&M, Zara, etc)

$47.40 COP 150.3K

$34.56 CA$48.86

37.15%

Sport Shoes (Adidas, Nike)

$142 COP 449.4K

$76.5 CA$108

85.34%

Men's Leather Business Shoes

$106 COP 337.4K

$131 CA$185

-18.47%

1-bedroom Apartment, City Center (Monthly)

$803 COP 2.5M

$1,040 CA$1,471

-22.82%

1-bedroom Apartment, Outside City Center (Monthly)

$452 COP 1.4M

$925 CA$1,308

-51.16%

3-bedroom Apartment, City Center (Monthly)

$1,244 COP 3.9M

$1,837 CA$2,597

-32.29%

3-bedroom Apartment, Outside City Center (Monthly)

$974 COP 3.1M

$1,675 CA$2,368

-41.86%

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

$2,601 CA$3,677

-68.76%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

4.58

179.69%

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

Last update for Bogota: October 11, 2026

Last update for Thunder Bay: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Bogota

$452 34.1%

Thunder Bay

$925 42.5% 105% $473

Groceries & Markets

Bogota

$261 19.7%

Thunder Bay

$394 18.1% 51.2% $134

Monthly Utilities & Internet

Bogota

$172 13%

Thunder Bay

$297 13.6% 72.8% $125

Clothing & Footwear

Bogota

$170 12.9%

Thunder Bay

$143 6.6% 15.8% $27

Eating Out

Bogota

$150 11.3%

Thunder Bay

$268 12.3% 78.9% $118

Getting Around

Bogota

$69 5.2%

Thunder Bay

$88 4% 26.7% $18

Sport & Entertainment

Bogota

$50 3.8%

Thunder Bay

$63 2.9% 26.9% $13

Cost Breakdown

A central one-bedroom costs $803 in Bogota versus $1,040 in Thunder Bay. 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 220% higher in Thunder Bay, 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 $60.0 in Thunder Bay. Monthly groceries follow the same trend: $261 vs $394 – making Bogota the more affordable choice for daily food spending.

Good to know

🇨🇴 Bogota

🇨🇦 Thunder Bay

🕒 Local time

15:23 3:23 PM

16:23 4:23 PM

1 h ahead of Bogota

🌤 Weather

👥 Population

8,181,047 Capital

107,909

💱 Currency

Colombian Peso COP $

Canadian Dollar CAD $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 18, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

USD to COP in detail →

On the map

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Between locations

Bogota Thunder Bay 5,070 km ≈ 7 h nonstop flight

From you

Bogota
Thunder Bay

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 Thunder Bay: Cost of Living - Frequently Asked Questions

Yes – Thunder Bay is pricier by about 65%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,985 per month in Bogota and $3,268 in Thunder Bay. 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 $1,323 in Bogota and $2,179 in Thunder Bay. That's a gap of about 65%.

Public transport costs about 25% 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 $1,323, than in Thunder Bay at $2,179. In Bogota it covers expenses comfortably, while in Thunder Bay 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, Thunder Bay makes more sense. Both are solid long-term options with distinct trade-offs.