Cost of Living Comparison Between Ibague and Rakvere Cost of Living Comparison Between Ibague and Rakvere

Monthly Cost of Living

Monthly costs for one person with rent: $612 in Ibague versus $1,251 in Rakvere.

Estimated couple costs with rent: $914 in Ibague versus $1,757 in Rakvere.

Monthly costs for a family of three with rent: $1,215 in Ibague versus $2,264 in Rakvere.

Living in Ibague costs roughly 51% less than in Rakvere, driven mainly by Eating Out.

Both cities sit below the global median: Ibague 54% lower, Rakvere 7% lower.

Meal at Budget Restaurant

$4.80 COP 17.1K

$9.15 €7.88

-47.54%

Three-Course Dinner for Two, Mid-Range

$21.81 COP 77.6K

$45.89 €39.51

-52.47%

Fast Food Meal (McDonalds, etc)

$5.07 COP 18.0K

$8.33 €7.17

-39.14%

Cappuccino

$0.99 COP 3,512

$3.70 €3.19

-73.24%

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

$0.96 COP 3,415

$2.40 €2.07

-60.00%

Water (0.33 liter bottle)

$0.65 COP 2,327

$1.85 €1.60

-64.86%

Local Beer (0.5 liter draught)

$0.77 COP 2,722

$4.71 €4.05

-83.65%

Imported Beer (0.33 liter bottle)

$2.13 COP 7,578

$4.14 €3.57

-48.55%

Milk (1 liter)

$1.14 COP 4,041

$1.07 €0.92

6.54%

White Bread (500g)

$0.75 COP 2,658

$0.83 €0.72

-9.64%

Rice (white) (1kg)

$0.75 COP 2,677

$2.25 €1.94

-66.67%

Eggs

$1.93 COP 6,874

$2.02 €1.74

-4.46%

Local Cheese (1kg)

$4.88 COP 17.4K

$7.86 €6.77

-37.91%

Chicken Fillets (1kg)

$3.66 COP 13.0K

$6.94 €5.98

-47.26%

Beef Round Steak (1kg)

$4.93 COP 17.5K

$10.37 €8.92

-52.46%

Apples (1kg)

$2.99 COP 10.6K

$1.89 €1.63

58.20%

Banana (1kg)

$0.46 COP 1,624

$1.33 €1.15

-65.41%

Oranges (1kg)

$0.74 COP 2,639

$2.41 €2.08

-69.29%

Tomato (1kg)

$0.46 COP 1,631

$2.46 €2.12

-81.30%

Potato (1kg)

$0.47 COP 1,659

$0.99 €0.85

-52.53%

Onion (1kg)

$0.35 COP 1,244

$1.10 €0.95

-68.18%

Lettuce (1 head)

$0.50 COP 1,782

$1.79 €1.54

-72.07%

Water (1.5 liter bottle)

$0.43 COP 1,547

$0.56 €0.48

-23.21%

Cigarettes 20 Pack (Marlboro, Camel)

$2.90 COP 10.3K

$6.40 €5.51

-54.69%

Wine (Bottle)

$9.36 COP 33.3K

$10.56 €9.09

-11.36%

Local Beer (0.5 liter bottle)

$0.47 COP 1,666

$1.14 €0.98

-58.77%

Imported Beer (0.33 liter bottle)

$0.63 COP 2,252

$1.14 €0.98

-44.74%

One-way Ticket (Public Transport)

$0.72 COP 2,557

$0.79 €0.68

-8.86%

Public Transport Monthly Pass (Regular Price)

$22.69 €19.54

Taxi Start (Normal Tariff)

$1.42 COP 5,050

$2.84 €2.44

-50.00%

Taxi (Normal Tariff) (1km)

$1.50 COP 5,324

$0.73 €0.63

105.48%

Taxi 1hour Waiting (Normal Tariff)

$2.39 COP 8,508

$19.92 €17.15

-88.00%

Gasoline (1 liter)

$0.94 COP 3,332

$1.94 €1.67

-51.55%

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

$15.7K COP 55.7M

$20.5K €17.6K

-23.48%

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

$25.2K COP 89.8M

$25.2K €21.7K

0.23%

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

$47.84 COP 170.2K

$270 €232

-82.28%

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

$6.14 COP 21.8K

$22.59 €19.45

-72.82%

Internet (50+ Mbps, Unlimited Data)

$21.90 COP 77.9K

$31.86 €27.43

-31.26%

Gym Membership (Monthly)

$42.85 COP 152.5K

$53.9 €46.41

-20.52%

Tennis Court (1 Hour on Weekend)

$18.50 €15.93

Cinema Ticket

$3.85 COP 13.7K

$5.32 €4.58

-27.63%

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

$59.6 COP 212.1K

$117 €101

-49.22%

International Primary School, 1 Child (Yearly)

$2,440 COP 8.7M

$8,181 €7,043

-70.18%

Jeans (Levis 501 Or Similar)

$59.1 COP 210.3K

$119 €102

-50.19%

Summer Dress (H&M, Zara, etc)

$41.35 COP 147.1K

$35.16 €30.27

17.61%

Sport Shoes (Adidas, Nike)

$84.0 COP 299.0K

$62.7 €54.0

34.04%

Men's Leather Business Shoes

$61.0 COP 217.2K

$79.7 €68.6

-23.38%

1-bedroom Apartment, City Center (Monthly)

$232 COP 823.9K

$344 €296

-32.64%

1-bedroom Apartment, Outside City Center (Monthly)

$146 COP 518.9K

$286 €247

-49.10%

3-bedroom Apartment, City Center (Monthly)

$392 COP 1.4M

$568 €489

-30.88%

3-bedroom Apartment, Outside City Center (Monthly)

$214 COP 761.4K

$348 €300

-38.57%

Buy Apartment in City Center (m2)

$1,250 COP 4.4M

Buy Apartment Outside City Center (m2)

$880 COP 3.1M

Average Monthly Net Salary (After Tax)

$473 COP 1.7M

$1,285 €1,107

-63.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.93

2.3

462.17%

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

Last update for Ibague: June 1, 2026

Last update for Rakvere: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $232 in Ibague and $344 in Rakvere. Housing cost is often the main lever when comparing two cities.

Rakvere pays 172% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $22.00 in Ibague vs $46.00 in Rakvere for a mid-range dinner for two. Groceries echo the gap at $132 vs $213 per month, with Ibague cheaper across the board.

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

Ibague vs Rakvere: Cost of Living - Frequently Asked Questions

Ibague is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Sport & Entertainment, Monthly Utilities & Internet. The 104% gap adds up to real monthly savings that compound significantly over time.

On paper, Rakvere earns 172% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $232 in Ibague versus $344 in Rakvere. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 62% higher in Rakvere. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $612 per month in Ibague versus $1,251 in Rakvere – a 104% gap that adds up to real savings over time for anyone picking the cheaper option.

At $612 in Ibague versus $1,251 in Rakvere, a $1,500 budget is realistic in Ibague but tight or insufficient in Rakvere. The gap between the two cities makes Ibague the clear choice for anyone on this budget.

For families, Ibague is more practical. Housing and childcare are both notably cheaper than in Rakvere, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Ibague and Rakvere are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ibague gentler on the wallet – expenses run 104% less than in Rakvere. Beyond cost, consider language, visa policies, and how big the international community is in each city.