Last update: Oct 2026

Cost of Living Comparison Between Mexico City and Bogota

For one person, living is cheaper in Bogota: $1,323 a month against $1,567 in Mexico City, rent and utilities included – about $2,900 less a year. Rent and utilities account for most of the difference.

76

Cost of Living Index in Mexico City
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Mexico City Living Index
64

Cost of Living Index in Bogota
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Bogota Living Index

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Mexico City

🇲🇽 Mexico

$1,567

/mo nomad

Bogota

🇨🇴 Colombia

$1,323

/mo nomad

Monthly Cost of Living

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

A single person spends $1,567 per month in Mexico City vs $1,323 in Bogota, rent included.

Mexico City $1,567
Bogota $1,323

A couple spends around $2,450 per month in Mexico City vs $2,110 in Bogota, rent included.

Mexico City $2,450
Bogota $2,110

A family of three spends $3,333 per month in Mexico City vs $2,897 in Bogota, rent included.

Mexico City $3,333
Bogota $2,897

Mexico City costs about 18% more than Bogota, and outside of rent the biggest gap is in groceries.

Mexico City sits 16% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.75 MX$199

$7.65 COP 24.3K

40.52%

Three-Course Dinner for Two, Mid-Range

$50.3 MX$929

$41.44 COP 131.4K

21.26%

Fast Food Meal (McDonalds, etc)

$11.10 MX$205

$10.38 COP 32.9K

6.94%

Cappuccino

$3.68 MX$68.1

$2.53 COP 8,011

45.45%

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

$1.65 MX$30.42

$1.35 COP 4,277

22.22%

Water (0.33 liter bottle)

$1.30 MX$24.08

$0.87 COP 2,752

49.43%

Local Beer (0.5 liter draught)

$3.32 MX$61.3

$2.06 COP 6,542

61.17%

Imported Beer (0.33 liter bottle)

$5.54 MX$102

$3.98 COP 12.6K

39.20%

Milk (1 liter)

$1.77 MX$32.68

$1.65 COP 5,240

7.27%

White Bread (500g)

$3.05 MX$56.4

$2.40 COP 7,618

27.08%

Rice (white) (1kg)

$2.01 MX$37.20

$1.69 COP 5,345

18.93%

Eggs

$2.77 MX$51.1

$3.54 COP 11.2K

-21.75%

Local Cheese (1kg)

$11.91 MX$220

$7.89 COP 25.0K

50.95%

Chicken Fillets (1kg)

$9.33 MX$172

$7.30 COP 23.1K

27.81%

Beef Round Steak (1kg)

$15.02 MX$278

$9.87 COP 31.3K

52.18%

Apples (1kg)

$3.08 MX$56.8

$3.58 COP 11.4K

-13.97%

Banana (1kg)

$1.95 MX$35.97

$1.84 COP 5,822

5.98%

Oranges (1kg)

$2.03 MX$37.54

$1.90 COP 6,012

6.84%

Tomato (1kg)

$2.21 MX$40.92

$1.74 COP 5,517

27.01%

Potato (1kg)

$2.02 MX$37.41

$1.41 COP 4,484

43.26%

Onion (1kg)

$1.82 MX$33.67

$1.37 COP 4,332

32.85%

Lettuce (1 head)

$1.52 MX$28.07

$1.30 COP 4,131

16.92%

Water (1.5 liter bottle)

$1.28 MX$23.65

$1.15 COP 3,643

11.30%

Cigarettes 20 Pack (Marlboro, Camel)

$5.27 MX$97.4

$4.32 COP 13.7K

21.99%

Wine (Bottle)

$16.12 MX$298

$12.76 COP 40.5K

26.33%

Local Beer (0.5 liter bottle)

$1.95 MX$36.05

$1.43 COP 4,542

36.36%

Imported Beer (0.33 liter bottle)

$4.25 MX$78.6

$2.83 COP 8,986

50.18%

One-way Ticket (Public Transport)

$0.31 MX$5.82

$1.08 COP 3,434

-71.30%

Public Transport Monthly Pass (Regular Price)

$19.85 MX$367

$50.8 COP 161.1K

-60.93%

Taxi Start (Normal Tariff)

$2.00 MX$36.93

$2.38 COP 7,550

-15.97%

Taxi (Normal Tariff) (1km)

$0.53 MX$9.86

$2.34 COP 7,411

-77.35%

Taxi 1hour Waiting (Normal Tariff)

$5.62 MX$104

$9.20 COP 29.2K

-38.91%

Gasoline (1 liter)

$1.52 MX$28.07

$1.33 COP 4,213

14.29%

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

$21.0K MX$388.7K

$23.5K COP 74.4M

-10.41%

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

$25.2K MX$465.3K

$35.6K COP 113.0M

-29.35%

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

$62.5 MX$1,155

$125 COP 397.8K

-50.19%

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

$28.77 MX$532

$16.29 COP 51.6K

76.61%

Internet (50+ Mbps, Unlimited Data)

$34.45 MX$637

$30.21 COP 95.8K

14.04%

Gym Membership (Monthly)

$57.1 MX$1,055

$34.11 COP 108.2K

67.40%

Tennis Court (1 Hour on Weekend)

$24.81 MX$458

$15.37 COP 48.7K

61.42%

Cinema Ticket

$6.67 MX$123

$7.84 COP 24.8K

-14.92%

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

$431 MX$7,964

$501 COP 1.6M

-14.04%

International Primary School, 1 Child (Yearly)

$11.7K MX$216.9K

$7,450 COP 23.6M

57.57%

Jeans (Levis 501 Or Similar)

$70.8 MX$1,308

$82.8 COP 262.6K

-14.53%

Summer Dress (H&M, Zara, etc)

$51.8 MX$958

$47.40 COP 150.3K

9.35%

Sport Shoes (Adidas, Nike)

$109 MX$2,011

$142 COP 449.4K

-23.21%

Men's Leather Business Shoes

$112 MX$2,076

$106 COP 337.4K

5.55%

1-bedroom Apartment, City Center (Monthly)

$1,051 MX$19.4K

$803 COP 2.5M

30.90%

1-bedroom Apartment, Outside City Center (Monthly)

$665 MX$12.3K

$452 COP 1.4M

47.22%

3-bedroom Apartment, City Center (Monthly)

$2,346 MX$43.3K

$1,244 COP 3.9M

88.58%

3-bedroom Apartment, Outside City Center (Monthly)

$1,227 MX$22.7K

$974 COP 3.1M

25.93%

Buy Apartment in City Center (m2)

$3,554 MX$65.7K

$2,816 COP 8.9M

26.18%

Buy Apartment Outside City Center (m2)

$1,977 MX$36.5K

$2,354 COP 7.5M

-16.03%

Average Monthly Net Salary (After Tax)

$975 MX$18.0K

$813 COP 2.6M

19.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

12.81

-11.79%

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

Last update for Mexico City: October 11, 2026

Last update for Bogota: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Mexico City

$665 42.4%

Bogota

$452 34.1% 32.1% $213

Groceries & Markets

Mexico City

$323 20.6%

Bogota

$261 19.7% 19.2% $62

Eating Out

Mexico City

$203 13%

Bogota

$150 11.3% 26.2% $53

Clothing & Footwear

Mexico City

$155 9.9%

Bogota

$170 12.9% 10.1% $16

Monthly Utilities & Internet

Mexico City

$126 8%

Bogota

$172 13% 36.8% $46

Sport & Entertainment

Mexico City

$70 4.5%

Bogota

$50 3.8% 29.3% $21

Getting Around

Mexico City

$26 1.6%

Bogota

$69 5.2% 168% $43

Cost Breakdown

A central one-bedroom costs $1,051 in Mexico City 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 20% 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 $50.0 in Mexico City versus $41.00 in Bogota. Monthly groceries follow the same trend: $323 vs $261 – making Bogota the more affordable choice for daily food spending.

Good to know

🇲🇽 Mexico City

🇨🇴 Bogota

🕒 Local time

23:31 11:31 PM

00:31 12:31 AM

1 h ahead of Mexico City

🌤 Weather

👥 Population

9,209,944 Capital

8,181,047 Capital

💱 Currency

Mexican Peso MXN $

Colombian Peso COP $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 20, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

Colombian Peso exchange rates as of October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to MXN in detail →

On the map

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Between locations

Mexico City Bogota 3,170 km ≈ 4 h 30 min nonstop flight

From you

Mexico City
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

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

Yes – Mexico City is pricier by about 18%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,351 per month in Mexico City 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.

Monthly expenses with rent come to $1,567 in Mexico City and $1,323 in Bogota. That's a gap of about 18%.

Public transport costs about 156% 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 $1,323, than in Mexico City at $1,567. 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.