Cost of Living Comparison Between Mexico City and Bogota Cost of Living Comparison Between Mexico City and Bogota

Monthly Cost of Living

A single person spends $1,447 per month in Mexico City vs $948 in Bogota, rent included.

A couple spends around $2,310 per month in Mexico City vs $1,474 in Bogota, rent included.

A family of three spends $3,174 per month in Mexico City vs $2,000 in Bogota, rent included.

Mexico City costs about 53% more than Bogota, driven mainly by Eating Out.

Mexico City sits 8% above the global median, while Bogota is 29% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.98 MX$223

$4.80 COP 16.7K

170.42%

Three-Course Dinner for Two, Mid-Range

$52.6 MX$903

$31.72 COP 110.7K

65.86%

Fast Food Meal (McDonalds, etc)

$9.43 MX$162

$7.59 COP 26.5K

24.24%

Cappuccino

$3.57 MX$61.3

$1.85 COP 6,463

92.97%

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

$1.61 MX$27.55

$0.99 COP 3,461

62.63%

Water (0.33 liter bottle)

$1.15 MX$19.81

$0.62 COP 2,172

85.48%

Local Beer (0.5 liter draught)

$3.15 MX$54.0

$1.18 COP 4,122

166.95%

Imported Beer (0.33 liter bottle)

$4.86 MX$83.4

$2.15 COP 7,500

126.05%

Milk (1 liter)

$1.70 MX$29.17

$1.17 COP 4,068

45.30%

White Bread (500g)

$2.64 MX$45.23

$1.46 COP 5,090

80.82%

Rice (white) (1kg)

$1.90 MX$32.67

$1.17 COP 4,098

62.39%

Eggs

$2.54 MX$43.62

$2.05 COP 7,144

23.90%

Local Cheese (1kg)

$10.08 MX$173

$4.77 COP 16.6K

111.32%

Chicken Fillets (1kg)

$8.29 MX$142

$4.99 COP 17.4K

66.13%

Beef Round Steak (1kg)

$11.57 MX$199

$7.46 COP 26.0K

55.09%

Apples (1kg)

$3.03 MX$52.0

$3.12 COP 10.9K

-2.88%

Banana (1kg)

$1.71 MX$29.35

$1.12 COP 3,911

52.68%

Oranges (1kg)

$2.05 MX$35.16

$1.31 COP 4,558

56.49%

Tomato (1kg)

$2.06 MX$35.36

$1.26 COP 4,397

63.49%

Potato (1kg)

$2.06 MX$35.43

$1.11 COP 3,865

85.59%

Onion (1kg)

$2.17 MX$37.25

$1.17 COP 4,095

85.47%

Lettuce (1 head)

$1.40 MX$24.08

$0.72 COP 2,497

94.44%

Water (1.5 liter bottle)

$1.12 MX$19.26

$0.83 COP 2,914

34.94%

Cigarettes 20 Pack (Marlboro, Camel)

$4.29 MX$73.7

$2.79 COP 9,720

53.76%

Wine (Bottle)

$15.41 MX$265

$12.02 COP 41.9K

28.20%

Local Beer (0.5 liter bottle)

$1.67 MX$28.74

$1.16 COP 4,051

43.97%

Imported Beer (0.33 liter bottle)

$3.69 MX$63.3

$1.91 COP 6,676

93.19%

One-way Ticket (Public Transport)

$0.38 MX$6.55

$0.71 COP 2,465

-46.48%

Public Transport Monthly Pass (Regular Price)

$19.06 MX$327

$40.85 COP 142.6K

-53.34%

Taxi Start (Normal Tariff)

$1.38 MX$23.70

$1.48 COP 5,158

-6.76%

Taxi (Normal Tariff) (1km)

$0.28 MX$4.74

$1.54 COP 5,362

-81.82%

Taxi 1hour Waiting (Normal Tariff)

$5.42 MX$92.9

$5.91 COP 20.6K

-8.29%

Gasoline (1 liter)

$1.28 MX$21.98

$0.98 COP 3,411

30.61%

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

$19.0K MX$325.8K

$15.5K COP 54.0M

22.65%

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

$23.5K MX$402.7K

$25.5K COP 89.1M

-8.06%

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

$41.02 MX$704

$83.4 COP 290.9K

-50.79%

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

$26.92 MX$462

$10.87 COP 37.9K

147.65%

Internet (50+ Mbps, Unlimited Data)

$29.69 MX$510

$26.33 COP 91.9K

12.76%

Gym Membership (Monthly)

$52.3 MX$898

$23.34 COP 81.5K

124.21%

Tennis Court (1 Hour on Weekend)

$26.23 MX$450

$10.89 COP 38.0K

140.86%

Cinema Ticket

$6.18 MX$106

$4.87 COP 17.0K

26.90%

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

$427 MX$7,331

$301 COP 1.1M

41.69%

International Primary School, 1 Child (Yearly)

$10.7K MX$183.6K

$8,329 COP 29.1M

28.44%

Jeans (Levis 501 Or Similar)

$56.8 MX$975

$60.3 COP 210.4K

-5.72%

Summer Dress (H&M, Zara, etc)

$44.83 MX$769

$42.43 COP 148.1K

5.66%

Sport Shoes (Adidas, Nike)

$105 MX$1,794

$105 COP 366.1K

-0.34%

Men's Leather Business Shoes

$106 MX$1,819

$83.6 COP 291.9K

26.67%

1-bedroom Apartment, City Center (Monthly)

$995 MX$17.1K

$448 COP 1.6M

122.00%

1-bedroom Apartment, Outside City Center (Monthly)

$621 MX$10.7K

$325 COP 1.1M

91.39%

3-bedroom Apartment, City Center (Monthly)

$2,126 MX$36.5K

$817 COP 2.9M

160.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,254 MX$21.5K

$644 COP 2.2M

94.53%

Buy Apartment in City Center (m2)

$3,903 MX$67.0K

$2,380 COP 8.3M

64.01%

Buy Apartment Outside City Center (m2)

$2,096 MX$36.0K

$1,913 COP 6.7M

9.55%

Average Monthly Net Salary (After Tax)

$1,107 MX$19.0K

$663 COP 2.3M

66.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.34

12.93

-12.30%

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

Last update for Mexico City: June 7, 2026

Last update for Bogota: June 8, 2026

Cost Breakdown

A central one-bedroom costs $995 in Mexico City versus $448 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 67% higher in Mexico City, 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 $53.0 in Mexico City versus $32.00 in Bogota. Monthly groceries follow the same trend: $288 vs $187 – making Bogota the more affordable choice for daily food spending.

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

Mexico City vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Mexico City is pricier by about 53%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,171 per month in Mexico City and $1,422 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 $1,447 in Mexico City and $948 in Bogota. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 114% 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 $948, than in Mexico City at $1,447. In Bogota it covers expenses comfortably, while in Mexico City 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, Mexico City makes more sense. Both are solid long-term options with distinct trade-offs.