Last update: Oct 2026

Cost of Living Comparison Between Key West, FL and Bogota

For one person, living is cheaper in Bogota: $1,323 a month against $4,808 in Key West, FL, rent and utilities included – about $41,800 less a year. Rent and utilities account for most of the difference.

233

Cost of Living Index in Key West, FL
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Key West, FL Living Index
64

Cost of Living Index in Bogota
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Bogota Living Index

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Key West, FL

🇺🇸 United States

$4,808

/mo nomad

Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Monthly Cost of Living

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

A single person spends $4,808 per month in Key West, FL vs $1,323 in Bogota, rent included.

Key West, FL $4,808
Bogota $1,323

A couple spends around $7,043 per month in Key West, FL vs $2,110 in Bogota, rent included.

Key West, FL $7,043
Bogota $2,110

A family of three spends $9,278 per month in Key West, FL vs $2,897 in Bogota, rent included.

Key West, FL $9,278
Bogota $2,897

Key West, FL costs about 263% more than Bogota, and outside of rent the biggest gap is in groceries.

Key West, FL sits 256% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$22.31 $22.31

$7.65 COP 24.3K

191.63%

Three-Course Dinner for Two, Mid-Range

$98.3 $98.3

$41.44 COP 131.4K

137.23%

Fast Food Meal (McDonalds, etc)

$11.87 $11.87

$10.38 COP 32.9K

14.35%

Cappuccino

$4.56 $4.56

$2.53 COP 8,011

80.24%

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

$2.26 $2.26

$1.35 COP 4,277

67.41%

Water (0.33 liter bottle)

$1.90 $1.90

$0.87 COP 2,752

118.39%

Local Beer (0.5 liter draught)

$5.85 $5.85

$2.06 COP 6,542

183.98%

Imported Beer (0.33 liter bottle)

$6.84 $6.84

$3.98 COP 12.6K

71.86%

Milk (1 liter)

$0.99 $0.99

$1.65 COP 5,240

-40.00%

White Bread (500g)

$3.68 $3.68

$2.40 COP 7,618

53.33%

Rice (white) (1kg)

$6.74 $6.74

$1.69 COP 5,345

298.82%

Eggs

$5.16 $5.16

$3.54 COP 11.2K

45.76%

Local Cheese (1kg)

$11.61 $11.61

$7.89 COP 25.0K

47.15%

Chicken Fillets (1kg)

$13.34 $13.34

$7.30 COP 23.1K

82.74%

Beef Round Steak (1kg)

$23.97 $23.97

$9.87 COP 31.3K

142.86%

Apples (1kg)

$4.81 $4.81

$3.58 COP 11.4K

34.36%

Banana (1kg)

$1.86 $1.86

$1.84 COP 5,822

1.09%

Oranges (1kg)

$3.67 $3.67

$1.90 COP 6,012

93.16%

Tomato (1kg)

$5.17 $5.17

$1.74 COP 5,517

197.13%

Potato (1kg)

$5.93 $5.93

$1.41 COP 4,484

320.57%

Onion (1kg)

$3.33 $3.33

$1.37 COP 4,332

143.07%

Lettuce (1 head)

$3.60 $3.60

$1.30 COP 4,131

176.92%

Water (1.5 liter bottle)

$2.65 $2.65

$1.15 COP 3,643

130.43%

Cigarettes 20 Pack (Marlboro, Camel)

$8.18 $8.18

$4.32 COP 13.7K

89.35%

Wine (Bottle)

$14.18 $14.18

$12.76 COP 40.5K

11.13%

Local Beer (0.5 liter bottle)

$1.99 $1.99

$1.43 COP 4,542

39.16%

Imported Beer (0.33 liter bottle)

$2.38 $2.38

$2.83 COP 8,986

-15.90%

One-way Ticket (Public Transport)

$3.98 $3.98

$1.08 COP 3,434

268.52%

Public Transport Monthly Pass (Regular Price)

$50.8 COP 161.1K

Taxi Start (Normal Tariff)

$3.90 $3.90

$2.38 COP 7,550

63.87%

Taxi (Normal Tariff) (1km)

$3.12 $3.12

$2.34 COP 7,411

33.33%

Taxi 1hour Waiting (Normal Tariff)

$30.20 $30.20

$9.20 COP 29.2K

228.26%

Gasoline (1 liter)

$0.91 $0.91

$1.33 COP 4,213

-31.58%

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

$36.5K $36.5K

$23.5K COP 74.4M

55.41%

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

$25.8K $25.8K

$35.6K COP 113.0M

-27.49%

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

$215 $215

$125 COP 397.8K

71.49%

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

$54.4 $54.4

$16.29 COP 51.6K

233.76%

Internet (50+ Mbps, Unlimited Data)

$73.3 $73.3

$30.21 COP 95.8K

142.73%

Gym Membership (Monthly)

$79.6 $79.6

$34.11 COP 108.2K

133.36%

Tennis Court (1 Hour on Weekend)

$15.37 COP 48.7K

Cinema Ticket

$14.05 $14.05

$7.84 COP 24.8K

79.21%

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

$1,090 $1,090

$501 COP 1.6M

117.35%

International Primary School, 1 Child (Yearly)

$20.7K $20.7K

$7,450 COP 23.6M

178.13%

Jeans (Levis 501 Or Similar)

$47.58 $47.58

$82.8 COP 262.6K

-42.55%

Summer Dress (H&M, Zara, etc)

$41.78 $41.78

$47.40 COP 150.3K

-11.86%

Sport Shoes (Adidas, Nike)

$71.7 $71.7

$142 COP 449.4K

-49.38%

Men's Leather Business Shoes

$69.1 $69.1

$106 COP 337.4K

-35.05%

1-bedroom Apartment, City Center (Monthly)

$3,436 $3,436

$803 COP 2.5M

327.86%

1-bedroom Apartment, Outside City Center (Monthly)

$3,432 $3,432

$452 COP 1.4M

659.82%

3-bedroom Apartment, City Center (Monthly)

$7,122 $7,122

$1,244 COP 3.9M

472.60%

3-bedroom Apartment, Outside City Center (Monthly)

$6,144 $6,144

$974 COP 3.1M

530.79%

Buy Apartment in City Center (m2)

$9,644 $9,644

$2,816 COP 8.9M

242.41%

Buy Apartment Outside City Center (m2)

$9,886 $9,886

$2,354 COP 7.5M

319.90%

Average Monthly Net Salary (After Tax)

$5,967 $5,967

$813 COP 2.6M

634.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

12.81

-50.20%

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

Last update for Key West, FL: October 13, 2026

Last update for Bogota: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Key West, FL

$3.4K 71.4%

Bogota

$452 34.1% 86.8% $3K

Groceries & Markets

Key West, FL

$457 9.5%

Bogota

$261 19.7% 43% $197

Monthly Utilities & Internet

Key West, FL

$343 7.1%

Bogota

$172 13% 49.8% $171

Eating Out

Key West, FL

$328 6.8%

Bogota

$150 11.3% 54.4% $179

Sport & Entertainment

Key West, FL

$108 2.2%

Bogota

$50 3.8% 53.8% $58

Clothing & Footwear

Key West, FL

$104 2.2%

Bogota

$170 12.9% 64.3% $67

Getting Around

Key West, FL

$35 * 0.7%

Bogota

$69 5.2% 95.3% $34

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

Cost Breakdown

A central one-bedroom costs $3,436 in Key West, FL 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 634% higher in Key West, FL, 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 $98.0 in Key West, FL versus $41.00 in Bogota. Monthly groceries follow the same trend: $457 vs $261 – making Bogota the more affordable choice for daily food spending.

Good to know

🇺🇸 Key West, FL

🇨🇴 Bogota

🕒 Local time

10:43 10:43 AM

09:43 9:43 AM

1 h behind Key West, FL

🌤 Weather

👥 Population

24,684

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.889 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 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.889 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).

COP to USD in detail →

On the map

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Between locations

Key West, FL Bogota 2,360 km ≈ 3 h 30 min nonstop flight

From you

Key West, FL
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

Key West, FL vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Key West, FL is pricier by about 263%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $7,211 per month in Key West, FL and $1,985 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.

A mid-range dinner for two costs $98.0 in Key West, FL and $41.00 in Bogota. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 75% more in Key West, FL, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,323, than in Key West, FL at $4,808. In Bogota it covers expenses comfortably, while in Key West, FL 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, Key West, FL makes more sense. Both are solid long-term options with distinct trade-offs.