Last update: Oct 2026

Cost of Living Comparison Between Montes Claros and Bogota

For one person, living is cheaper in Montes Claros: $844 a month against $1,324 in Bogota, rent and utilities included – about $5,800 less a year. Rent and utilities account for about half of the difference.

41

Cost of Living Index in Montes Claros
Learn more

Montes Claros Living Index
64

Cost of Living Index in Bogota
Learn more

Bogota Living Index

Jump to prices

Montes Claros

🇧🇷 Brazil

$844

/mo nomad

Bogota

🇨🇴 Colombia

$1,324

/mo nomad

Monthly Cost of Living

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

A single person spends $844 per month in Montes Claros vs $1,324 in Bogota, rent included.

Montes Claros $844
Bogota $1,324

A couple spends around $1,344 per month in Montes Claros vs $2,127 in Bogota, rent included.

Montes Claros $1,344
Bogota $2,127

A family of three spends $1,843 per month in Montes Claros vs $2,931 in Bogota, rent included.

Montes Claros $1,843
Bogota $2,931

Montes Claros is about 36% cheaper than Bogota, and outside of rent the biggest gap is in groceries.

Both Montes Claros and Bogota are more affordable than the global median – Montes Claros 38% lower, Bogota 2% lower.

Meal at Budget Restaurant

$3.40 R$17.22

$7.78 COP 24.7K

-56.30%

Three-Course Dinner for Two, Mid-Range

$32.15 R$163

$41.36 COP 131.1K

-22.27%

Fast Food Meal (McDonalds, etc)

$7.91 R$40.08

$10.02 COP 31.8K

-21.06%

Cappuccino

$2.05 R$10.41

$2.48 COP 7,877

-17.34%

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

$1.33 R$6.72

$1.33 COP 4,215

Water (0.33 liter bottle)

$0.79 R$4.03

$0.89 COP 2,827

-11.24%

Local Beer (0.5 liter draught)

$1.48 R$7.51

$1.87 COP 5,931

-20.86%

Imported Beer (0.33 liter bottle)

$3.02 R$15.33

$3.92 COP 12.4K

-22.96%

Milk (1 liter)

$1.05 R$5.33

$1.67 COP 5,284

-37.13%

White Bread (500g)

$1.64 R$8.33

$2.53 COP 8,019

-35.18%

Rice (white) (1kg)

$1.20 R$6.11

$1.71 COP 5,436

-29.82%

Eggs

$2.11 R$10.72

$3.42 COP 10.9K

-38.30%

Local Cheese (1kg)

$8.75 R$44.36

$7.84 COP 24.9K

11.61%

Chicken Fillets (1kg)

$4.39 R$22.24

$7.33 COP 23.2K

-40.11%

Beef Round Steak (1kg)

$8.31 R$42.13

$9.69 COP 30.7K

-14.24%

Apples (1kg)

$2.30 R$11.65

$3.59 COP 11.4K

-35.93%

Banana (1kg)

$1.27 R$6.46

$1.79 COP 5,687

-29.05%

Oranges (1kg)

$1.26 R$6.41

$1.99 COP 6,320

-36.68%

Tomato (1kg)

$1.55 R$7.87

$1.73 COP 5,494

-10.40%

Potato (1kg)

$1.17 R$5.92

$1.44 COP 4,577

-18.75%

Onion (1kg)

$1.03 R$5.21

$1.45 COP 4,591

-28.97%

Lettuce (1 head)

$0.84 R$4.25

$1.29 COP 4,104

-34.88%

Water (1.5 liter bottle)

$0.80 R$4.07

$1.20 COP 3,795

-33.33%

Cigarettes 20 Pack (Marlboro, Camel)

$2.31 R$11.69

$4.36 COP 13.8K

-47.02%

Wine (Bottle)

$8.04 R$40.76

$12.53 COP 39.7K

-35.83%

Local Beer (0.5 liter bottle)

$1.26 R$6.41

$1.41 COP 4,455

-10.64%

Imported Beer (0.33 liter bottle)

$1.97 R$10.00

$2.81 COP 8,922

-29.89%

One-way Ticket (Public Transport)

$0.76 R$3.85

$1.10 COP 3,480

-30.91%

Public Transport Monthly Pass (Regular Price)

$38.30 R$194

$50.7 COP 160.9K

-24.52%

Taxi Start (Normal Tariff)

$1.34 R$6.81

$2.40 COP 7,622

-44.17%

Taxi (Normal Tariff) (1km)

$0.86 R$4.34

$2.32 COP 7,366

-62.93%

Taxi 1hour Waiting (Normal Tariff)

$6.97 R$35.35

$9.34 COP 29.6K

-25.37%

Gasoline (1 liter)

$1.03 R$5.23

$1.36 COP 4,299

-24.26%

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

$25.8K R$131.0K

$35.4K COP 112.1M

-26.94%

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

$30.9K R$156.4K

$35.3K COP 111.9M

-12.54%

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

$78.3 R$397

$127 COP 402.4K

-38.30%

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

$13.80 R$70.0

$16.30 COP 51.7K

-15.34%

Internet (50+ Mbps, Unlimited Data)

$19.30 R$97.9

$30.93 COP 98.1K

-37.60%

Gym Membership (Monthly)

$25.26 R$128

$33.46 COP 106.1K

-24.51%

Tennis Court (1 Hour on Weekend)

$24.74 R$125

$15.35 COP 48.7K

61.17%

Cinema Ticket

$7.71 R$39.11

$8.00 COP 25.4K

-3.63%

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

$242 R$1,225

$494 COP 1.6M

-51.12%

International Primary School, 1 Child (Yearly)

$7,287 R$36.9K

$7,606 COP 24.1M

-4.19%

Jeans (Levis 501 Or Similar)

$55.9 R$283

$86.1 COP 273.1K

-35.11%

Summer Dress (H&M, Zara, etc)

$50.4 R$255

$48.55 COP 153.9K

3.71%

Sport Shoes (Adidas, Nike)

$90.5 R$459

$143 COP 454.4K

-36.83%

Men's Leather Business Shoes

$69.5 R$352

$106 COP 336.9K

-34.64%

1-bedroom Apartment, City Center (Monthly)

$354 R$1,793

$801 COP 2.5M

-55.86%

1-bedroom Apartment, Outside City Center (Monthly)

$238 R$1,205

$448 COP 1.4M

-46.99%

3-bedroom Apartment, City Center (Monthly)

$655 R$3,323

$1,274 COP 4.0M

-48.55%

3-bedroom Apartment, Outside City Center (Monthly)

$466 R$2,363

$1,001 COP 3.2M

-53.42%

Buy Apartment in City Center (m2)

$1,599 R$8,106

$2,847 COP 9.0M

-43.84%

Buy Apartment Outside City Center (m2)

$1,006 R$5,100

$2,319 COP 7.4M

-56.62%

Average Monthly Net Salary (After Tax)

$414 R$2,097

$799 COP 2.5M

-48.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

-14.13%

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

Last update for Montes Claros: October 18, 2026

Last update for Bogota: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Montes Claros

$238 28.2%

Bogota

$448 33.9% 88.7% $211

Groceries & Markets

Montes Claros

$190 22.5%

Bogota

$262 19.8% 37.5% $71

Clothing & Footwear

Montes Claros

$120 14.2%

Bogota

$173 13.1% 44.3% $53

Monthly Utilities & Internet

Montes Claros

$111 13.2%

Bogota

$174 13.2% 56.3% $63

Eating Out

Montes Claros

$97 11.6%

Bogota

$148 11.2% 52% $51

Getting Around

Montes Claros

$47 5.6%

Bogota

$69 5.2% 47.3% $22

Sport & Entertainment

Montes Claros

$41 4.8%

Bogota

$49 3.7% 21.6% $8.8

Cost Breakdown

A central one-bedroom costs $354 in Montes Claros versus $801 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 93% higher in Bogota, 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 $32.00 in Montes Claros versus $41.00 in Bogota. Monthly groceries follow the same trend: $190 vs $262 – making Montes Claros the more affordable choice for daily food spending.

Good to know

🇧🇷 Montes Claros

🇨🇴 Bogota

🕒 Local time

19:07 7:07 PM

17:07 5:07 PM

2 h behind Montes Claros

🌤 Weather

👥 Population

414,240

8,181,047 Capital

💱 Currency

Brazilian Real BRL R$

Colombian Peso COP $

📈 Exchange rate

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to BRL – Brazilian Real Converter

🇺🇸 United States Dollar ($)

🇧🇷 Brazilian Real (R$)

Brazilian Real exchange rates as of October 22, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

Colombian Peso exchange rates as of October 22, 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 BRL in detail →

On the map

Lowest

Highest

Between locations

Montes Claros Bogota 4,090 km ≈ 6 h nonstop flight

From you

Montes Claros
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

Montes Claros vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Bogota is pricier by about 57%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,266 per month in Montes Claros and $1,986 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Montes Claros, 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 $844 in Montes Claros and $1,324 in Bogota. That's a gap of about 57%.

Public transport costs about 32% less in Montes Claros. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Montes Claros, where all-in costs run around $844, than in Bogota at $1,324. In Montes Claros it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.

Families tend to lean toward Montes Claros – 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 Montes Claros. 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.