Last update: Oct 2026

Cost of Living Comparison Between Elizabeth, NJ and Bogota

For one person, living is cheaper in Bogota: $1,324 a month against $3,186 in Elizabeth, NJ, rent and utilities included – about $22,300 less a year. Rent and utilities account for most of the difference.

156

Cost of Living Index in Elizabeth, NJ
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Elizabeth, NJ Living Index
64

Cost of Living Index in Bogota
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Bogota Living Index

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Elizabeth, NJ

🇺🇸 United States

$3,186

/mo nomad

Bogota

🇨🇴 Colombia

$1,324

/mo nomad

Monthly Cost of Living

How much you'll spend in Elizabeth, NJ and in Bogota

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Elizabeth, NJ and in Bogota actually costs, broken down by who's living it.

A single person spends $3,186 per month in Elizabeth, NJ vs $1,324 in Bogota, rent included.

Elizabeth, NJ $3,186
Bogota $1,324

A couple spends around $4,453 per month in Elizabeth, NJ vs $2,127 in Bogota, rent included.

Elizabeth, NJ $4,453
Bogota $2,127

A family of three spends $5,720 per month in Elizabeth, NJ vs $2,931 in Bogota, rent included.

Elizabeth, NJ $5,720
Bogota $2,931

Elizabeth, NJ costs about 141% more than Bogota, and outside of rent the biggest gap is in groceries.

Elizabeth, NJ sits 135% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$19.71 $19.71

$7.78 COP 24.7K

153.34%

Three-Course Dinner for Two, Mid-Range

$80.4 $80.4

$41.36 COP 131.1K

94.39%

Fast Food Meal (McDonalds, etc)

$11.89 $11.89

$10.02 COP 31.8K

18.66%

Cappuccino

$5.45 $5.45

$2.48 COP 7,877

119.76%

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

$2.43 $2.43

$1.33 COP 4,215

82.71%

Water (0.33 liter bottle)

$1.49 $1.49

$0.89 COP 2,827

67.42%

Local Beer (0.5 liter draught)

$7.78 $7.78

$1.87 COP 5,931

316.04%

Imported Beer (0.33 liter bottle)

$7.15 $7.15

$3.92 COP 12.4K

82.40%

Milk (1 liter)

$1.27 $1.27

$1.67 COP 5,284

-23.95%

White Bread (500g)

$4.50 $4.50

$2.53 COP 8,019

77.87%

Rice (white) (1kg)

$5.96 $5.96

$1.71 COP 5,436

248.54%

Eggs

$6.52 $6.52

$3.42 COP 10.9K

90.64%

Local Cheese (1kg)

$15.31 $15.31

$7.84 COP 24.9K

95.28%

Chicken Fillets (1kg)

$11.83 $11.83

$7.33 COP 23.2K

61.39%

Beef Round Steak (1kg)

$19.73 $19.73

$9.69 COP 30.7K

103.61%

Apples (1kg)

$5.95 $5.95

$3.59 COP 11.4K

65.74%

Banana (1kg)

$3.55 $3.55

$1.79 COP 5,687

98.32%

Oranges (1kg)

$4.20 $4.20

$1.99 COP 6,320

111.06%

Tomato (1kg)

$5.42 $5.42

$1.73 COP 5,494

213.29%

Potato (1kg)

$2.99 $2.99

$1.44 COP 4,577

107.64%

Onion (1kg)

$2.95 $2.95

$1.45 COP 4,591

103.45%

Lettuce (1 head)

$3.00 $3.00

$1.29 COP 4,104

132.56%

Water (1.5 liter bottle)

$2.52 $2.52

$1.20 COP 3,795

110.00%

Cigarettes 20 Pack (Marlboro, Camel)

$14.62 $14.62

$4.36 COP 13.8K

235.32%

Wine (Bottle)

$15.29 $15.29

$12.53 COP 39.7K

22.03%

Local Beer (0.5 liter bottle)

$2.70 $2.70

$1.41 COP 4,455

91.49%

Imported Beer (0.33 liter bottle)

$3.41 $3.41

$2.81 COP 8,922

21.35%

One-way Ticket (Public Transport)

$2.88 $2.88

$1.10 COP 3,480

161.82%

Public Transport Monthly Pass (Regular Price)

$76.0 $76.0

$50.7 COP 160.9K

49.68%

Taxi Start (Normal Tariff)

$2.92 $2.92

$2.40 COP 7,622

21.67%

Taxi (Normal Tariff) (1km)

$2.11 $2.11

$2.32 COP 7,366

-9.05%

Taxi 1hour Waiting (Normal Tariff)

$42.39 $42.39

$9.34 COP 29.6K

353.85%

Gasoline (1 liter)

$1.09 $1.09

$1.36 COP 4,299

-19.85%

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

$27.9K $27.9K

$35.4K COP 112.1M

-20.99%

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

$26.3K $26.3K

$35.3K COP 111.9M

-25.47%

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

$247 $247

$127 COP 402.4K

94.92%

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

$51.0 $51.0

$16.30 COP 51.7K

212.88%

Internet (50+ Mbps, Unlimited Data)

$50.1 $50.1

$30.93 COP 98.1K

61.88%

Gym Membership (Monthly)

$24.78 $24.78

$33.46 COP 106.1K

-25.94%

Tennis Court (1 Hour on Weekend)

$15.35 COP 48.7K

Cinema Ticket

$20.03 $20.03

$8.00 COP 25.4K

150.38%

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

$2,012 $2,012

$494 COP 1.6M

307.02%

International Primary School, 1 Child (Yearly)

$16.2K $16.2K

$7,606 COP 24.1M

112.76%

Jeans (Levis 501 Or Similar)

$49.63 $49.63

$86.1 COP 273.1K

-42.38%

Summer Dress (H&M, Zara, etc)

$77.6 $77.6

$48.55 COP 153.9K

59.86%

Sport Shoes (Adidas, Nike)

$87.9 $87.9

$143 COP 454.4K

-38.70%

Men's Leather Business Shoes

$122 $122

$106 COP 336.9K

14.44%

1-bedroom Apartment, City Center (Monthly)

$2,181 $2,181

$801 COP 2.5M

172.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,718 $1,718

$448 COP 1.4M

283.17%

3-bedroom Apartment, City Center (Monthly)

$2,668 $2,668

$1,274 COP 4.0M

109.47%

3-bedroom Apartment, Outside City Center (Monthly)

$2,492 $2,492

$1,001 COP 3.2M

149.00%

Buy Apartment in City Center (m2)

$1,297 $1,297

$2,847 COP 9.0M

-54.43%

Buy Apartment Outside City Center (m2)

$1,143 $1,143

$2,319 COP 7.4M

-50.73%

Average Monthly Net Salary (After Tax)

$3,997 $3,997

$799 COP 2.5M

400.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.67

12.81

-47.93%

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

Last update for Elizabeth, NJ: October 18, 2026

Last update for Bogota: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Elizabeth, NJ

$1.7K 53.9%

Bogota

$448 33.9% 73.9% $1.3K

Groceries & Markets

Elizabeth, NJ

$475 14.9%

Bogota

$262 19.8% 44.9% $213

Monthly Utilities & Internet

Elizabeth, NJ

$348 10.9%

Bogota

$174 13.2% 50% $174

Eating Out

Elizabeth, NJ

$328 10.3%

Bogota

$148 11.2% 54.8% $179

Clothing & Footwear

Elizabeth, NJ

$152 4.8%

Bogota

$173 13.1% 14.1% $21

Getting Around

Elizabeth, NJ

$101 3.2%

Bogota

$69 5.2% 31.5% $32

Sport & Entertainment

Elizabeth, NJ

$65 2%

Bogota

$49 3.7% 23.7% $15

Cost Breakdown

A central one-bedroom costs $2,181 in Elizabeth, NJ versus $801 in Bogota. 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 400% higher in Elizabeth, NJ, 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 $80.0 in Elizabeth, NJ versus $41.00 in Bogota. Monthly groceries follow the same trend: $475 vs $262 – making Bogota the more affordable choice for daily food spending.

Good to know

🇺🇸 Elizabeth, NJ

🇨🇴 Bogota

🕒 Local time

21:30 9:30 PM

20:30 8:30 PM

1 h behind Elizabeth, NJ

🌤 Weather

👥 Population

126,179

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 21, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

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Between locations

Elizabeth, NJ Bogota 4,000 km ≈ 5 h nonstop flight

From you

Elizabeth, NJ
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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

Elizabeth, NJ vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Elizabeth, NJ is pricier by about 141%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $4,779 per month in Elizabeth, NJ and $1,986 in Bogota. 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 $3,186 in Elizabeth, NJ and $1,324 in Bogota. That's a gap of about 141%.

Public transport costs about 50% 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 $1,324, than in Elizabeth, NJ at $3,186. In Bogota it covers expenses comfortably, while in Elizabeth, NJ 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, Elizabeth, NJ makes more sense. Both are solid long-term options with distinct trade-offs.