Last update: Oct 2026

Cost of Living Comparison Between Iquique and Bogota

For one person, living is cheaper in Iquique: $999 a month against $1,323 in Bogota, rent and utilities included – about $3,900 less a year. Other living expenses account for most of the difference.

Iquique
🇨🇱 Chile
$999
/mo nomad
Bogota
🇨🇴 Colombia
$1,323
/mo nomad
Monthly Cost of Living

How much you'll spend in Iquique 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 Iquique and in Bogota actually costs, broken down by who's living it.

A single person spends $999 per month in Iquique vs $1,323 in Bogota, rent included.

  • Iquique $999
  • Bogota $1,323

A couple spends around $1,590 per month in Iquique vs $2,110 in Bogota, rent included.

  • Iquique $1,590
  • Bogota $2,110

A family of three spends $2,180 per month in Iquique vs $2,897 in Bogota, rent included.

  • Iquique $2,180
  • Bogota $2,897

Iquique is about 25% cheaper than Bogota, and outside of rent the biggest gap is in clothing.

Both Iquique and Bogota are more affordable than the global median – Iquique 26% lower, Bogota 2% lower.

Currency
🍽 Eating Out
Iquique
Bogota
Difference
Meal at Budget Restaurant
$7.48 CLP 7,359
$7.65 COP 24.3K
-2.22%
Three-Course Dinner for Two, Mid-Range
$40.30 CLP 39.7K
$41.44 COP 131.4K
-2.75%
Fast Food Meal (McDonalds, etc)
$7.04 CLP 6,934
$10.38 COP 32.9K
-32.18%
Cappuccino
$3.44 CLP 3,384
$2.53 COP 8,011
35.97%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.23 CLP 1,210
$1.35 COP 4,277
-8.89%
Water (0.33 liter bottle)
$0.95 CLP 937
$0.87 COP 2,752
9.20%
Local Beer (0.5 liter draught)
$3.27 CLP 3,222
$2.06 COP 6,542
58.74%
Imported Beer (0.33 liter bottle)
$3.61 CLP 3,552
$3.98 COP 12.6K
-9.30%
🛒 Groceries & Markets
Iquique
Bogota
Difference
Milk (1 liter)
$1.09 CLP 1,077
$1.65 COP 5,240
-33.94%
White Bread (500g)
$1.13 CLP 1,111
$2.40 COP 7,618
-52.92%
Rice (white) (1kg)
$1.31 CLP 1,285
$1.69 COP 5,345
-22.49%
Eggs
$3.02 CLP 2,972
$3.54 COP 11.2K
-14.69%
Local Cheese (1kg)
$10.12 CLP 9,962
$7.89 COP 25.0K
28.26%
Chicken Fillets (1kg)
$10.05 CLP 9,896
$7.30 COP 23.1K
37.67%
Beef Round Steak (1kg)
-
$9.87 COP 31.3K
-
Apples (1kg)
$2.31 CLP 2,273
$3.58 COP 11.4K
-35.47%
Banana (1kg)
$2.15 CLP 2,121
$1.84 COP 5,822
16.85%
Oranges (1kg)
$1.51 CLP 1,484
$1.90 COP 6,012
-20.53%
Tomato (1kg)
$1.06 CLP 1,040
$1.74 COP 5,517
-39.08%
Potato (1kg)
$0.73 CLP 722
$1.41 COP 4,484
-48.23%
Onion (1kg)
$0.64 CLP 628
$1.37 COP 4,332
-53.28%
Lettuce (1 head)
$1.00 CLP 981
$1.30 COP 4,131
-23.08%
Water (1.5 liter bottle)
$1.35 CLP 1,326
$1.15 COP 3,643
17.39%
Cigarettes 20 Pack (Marlboro, Camel)
$7.25 CLP 7,139
$4.32 COP 13.7K
67.82%
Wine (Bottle)
$7.86 CLP 7,734
$12.76 COP 40.5K
-38.40%
Local Beer (0.5 liter bottle)
-
$1.43 COP 4,542
-
Imported Beer (0.33 liter bottle)
$0.84 CLP 828
$2.83 COP 8,986
-70.32%
🚌 Getting Around
Iquique
Bogota
Difference
One-way Ticket (Public Transport)
$0.69 CLP 679
$1.08 COP 3,434
-36.11%
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)
$1.44 CLP 1,419
$1.33 COP 4,213
8.27%
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
-
🧾 Monthly Utilities & Internet
Iquique
Bogota
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$88.6 CLP 87.2K
$125 COP 397.8K
-29.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.63 CLP 15.4K
$16.29 COP 51.6K
-4.05%
Internet (50+ Mbps, Unlimited Data)
$23.17 CLP 22.8K
$30.21 COP 95.8K
-23.30%
🎉 Sport & Entertainment
Iquique
Bogota
Difference
Gym Membership (Monthly)
$50.7 CLP 49.9K
$34.11 COP 108.2K
48.64%
Tennis Court (1 Hour on Weekend)
-
$15.37 COP 48.7K
-
Cinema Ticket
$6.91 CLP 6,803
$7.84 COP 24.8K
-11.86%
🧸 Childcare & Education
Iquique
Bogota
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$254 CLP 249.8K
$501 COP 1.6M
-49.39%
International Primary School, 1 Child (Yearly)
-
$7,450 COP 23.6M
-
👕👟 Clothing & Footwear
Iquique
Bogota
Difference
Jeans (Levis 501 Or Similar)
$30.11 CLP 29.6K
$82.8 COP 262.6K
-63.64%
Summer Dress (H&M, Zara, etc)
$23.04 CLP 22.7K
$47.40 COP 150.3K
-51.39%
Sport Shoes (Adidas, Nike)
$46.57 CLP 45.8K
$142 COP 449.4K
-67.14%
Men's Leather Business Shoes
$58.3 CLP 57.4K
$106 COP 337.4K
-45.20%
🏠 Accommodation & Living
Iquique
Bogota
Difference
1-bedroom Apartment, City Center (Monthly)
$422 CLP 415.4K
$803 COP 2.5M
-47.45%
1-bedroom Apartment, Outside City Center (Monthly)
$382 CLP 375.7K
$452 COP 1.4M
-15.50%
3-bedroom Apartment, City Center (Monthly)
$683 CLP 671.9K
$1,244 COP 3.9M
-45.12%
3-bedroom Apartment, Outside City Center (Monthly)
$781 CLP 769.3K
$974 COP 3.1M
-19.77%
Buy Apartment in City Center (m2)
$1,718 CLP 1.7M
$2,816 COP 8.9M
-39.00%
Buy Apartment Outside City Center (m2)
$1,926 CLP 1.9M
$2,354 COP 7.5M
-18.21%
💵 Salaries & Financials
Iquique
Bogota
Difference
Average Monthly Net Salary (After Tax)
$958 CLP 943.5K
$813 COP 2.6M
17.96%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.5
12.81
-41.45%

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

Last update for Iquique: October 10, 2026

Last update for Bogota: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Iquique
$382
Bogota
$452 18.3% $70
Groceries & Markets
Iquique
$197 *
Bogota
$261 32.4% $64
Eating Out
Iquique
$155
Bogota
$150 3% $4.7
Monthly Utilities & Internet
Iquique
$127
Bogota
$172 34.9% $45
Clothing & Footwear
Iquique
$71
Bogota
$170 139% $99
Sport & Entertainment
Iquique
$65
Bogota
$50 22.8% $15
Getting Around
Iquique
$2.8 *
Bogota
$69 2407% $66

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

Cost Breakdown

A central one-bedroom costs $422 in Iquique versus $803 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 18% higher in Iquique, 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 $40.00 in Iquique versus $41.00 in Bogota. Monthly groceries follow the same trend: $197 vs $261 – making Iquique the more affordable choice for daily food spending.

Good to know
🇨🇱 Iquique
🇨🇴 Bogota
🕒 Local time
15:10 3:10 PM
13:10 1:10 PM
2 h behind Iquique
🌤 Weather
👥 Population
188,003
8,181,047 Capital
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to CLP – Chilean Peso Converter

Chilean Peso exchange rates as of October 17, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

Colombian Peso exchange rates as of October 17, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

On the map
Between locations
  • Iquique Bogota 2,800 km ≈ 4 h nonstop flight
From you
  • Iquique
  • Bogota

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
Iquique vs Bogota: Cost of Living - Frequently Asked Questions
Is Bogota cheaper than Iquique?
Yes – Bogota is pricier by about 32%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $1,498 per month in Iquique and $1,985 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Iquique, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Iquique or in Bogota?
A mid-range dinner for two costs $40.00 in Iquique and $41.00 in Bogota. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Iquique and in Bogota?
Groceries cost about 32% more in Bogota, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Iquique or in Bogota?
A $2,000 monthly budget goes further in Iquique, where all-in costs run around $999, than in Bogota at $1,323. In Iquique it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.
Is Iquique or Bogota more family-friendly?
Families tend to lean toward Iquique – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Iquique. 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.

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