Last update: Nov 2026

Cost of Living Comparison Between Monticello, AR and Bogota

For one person, living is cheaper in Bogota: $1,387 a month against $2,364 in Monticello, AR, rent and utilities included – about $11,700 less a year. Rent and utilities account for most of the difference.

114

Cost of Living Index in Monticello, AR
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Monticello, AR Living Index
67

Cost of Living Index in Bogota
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Bogota Living Index

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Monticello, AR

🇺🇸 United States

$2,364

/mo nomad

Bogota

🇨🇴 Colombia

$1,387

/mo nomad

Monthly Cost of Living

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

A single person spends $2,364 per month in Monticello, AR vs $1,387 in Bogota, rent included.

Monticello, AR $2,364
Bogota $1,387

A couple spends around $3,469 per month in Monticello, AR vs $2,151 in Bogota, rent included.

Monticello, AR $3,469
Bogota $2,151

A family of three spends $4,575 per month in Monticello, AR vs $2,915 in Bogota, rent included.

Monticello, AR $4,575
Bogota $2,915

Monticello, AR costs about 70% more than Bogota, and outside of rent the biggest gap is in eating out.

Both Monticello, AR and Bogota sit above the global median – Monticello, AR by 75%, Bogota by 3%.

Meal at Budget Restaurant

$18.05 $18.05

$7.94 COP 25.6K

127.33%

Three-Course Dinner for Two, Mid-Range

$75.2 $75.2

$42.83 COP 138.3K

75.67%

Fast Food Meal (McDonalds, etc)

$11.98 $11.98

$10.81 COP 34.9K

10.82%

Cappuccino

$5.50 $5.50

$2.47 COP 7,986

122.67%

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

$2.45 $2.45

$1.34 COP 4,342

82.84%

Water (0.33 liter bottle)

$2.05 $2.05

$0.85 COP 2,734

141.18%

Local Beer (0.5 liter draught)

$7.21 $7.21

$2.39 COP 7,725

201.67%

Imported Beer (0.33 liter bottle)

$7.84 $7.84

$4.83 COP 15.6K

62.32%

Milk (1 liter)

$0.95 $0.95

$1.63 COP 5,265

-41.72%

White Bread (500g)

$1.20 $1.20

$2.33 COP 7,508

-48.50%

Rice (white) (1kg)

$2.00 $2.00

$1.81 COP 5,836

10.50%

Eggs

$3.85 $3.85

$3.52 COP 11.4K

9.38%

Local Cheese (1kg)

$8.92 $8.92

$7.84 COP 25.3K

13.78%

Chicken Fillets (1kg)

$6.68 $6.68

$7.62 COP 24.6K

-12.34%

Beef Round Steak (1kg)

$8.97 $8.97

$10.66 COP 34.4K

-15.85%

Apples (1kg)

$3.47 $3.47

$3.49 COP 11.3K

-0.57%

Banana (1kg)

$1.30 $1.30

$1.76 COP 5,689

-26.14%

Oranges (1kg)

$2.80 $2.80

$1.92 COP 6,184

45.83%

Tomato (1kg)

$2.10 $2.10

$1.89 COP 6,115

11.11%

Potato (1kg)

$3.24 $3.24

$1.41 COP 4,553

129.79%

Onion (1kg)

$2.32 $2.32

$1.43 COP 4,616

62.24%

Lettuce (1 head)

$1.92 $1.92

$1.26 COP 4,074

52.38%

Water (1.5 liter bottle)

$2.19 $2.19

$1.15 COP 3,729

90.43%

Cigarettes 20 Pack (Marlboro, Camel)

$9.40 $9.40

$4.43 COP 14.3K

112.19%

Wine (Bottle)

$12.84 $12.84

$12.31 COP 39.8K

4.31%

Local Beer (0.5 liter bottle)

$1.79 $1.79

$1.48 COP 4,782

20.95%

Imported Beer (0.33 liter bottle)

$2.18 $2.18

$3.22 COP 10.4K

-32.30%

One-way Ticket (Public Transport)

$1.87 $1.87

$1.08 COP 3,483

73.15%

Public Transport Monthly Pass (Regular Price)

$59.0 $59.0

$50.2 COP 162.1K

17.57%

Taxi Start (Normal Tariff)

$2.02 $2.02

$2.02 COP 6,538

Taxi (Normal Tariff) (1km)

$1.13 $1.13

$2.54 COP 8,213

-55.51%

Taxi 1hour Waiting (Normal Tariff)

$20.07 $20.07

$7.49 COP 24.2K

167.96%

Gasoline (1 liter)

$0.95 $0.95

$1.28 COP 4,135

-25.78%

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

$28.2K $28.2K

$34.1K COP 110.0M

-17.32%

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

$27.0K $27.0K

$34.9K COP 112.5M

-22.58%

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

$184 $184

$127 COP 411.0K

44.46%

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

$39.85 $39.85

$16.31 COP 52.7K

144.33%

Internet (50+ Mbps, Unlimited Data)

$45.17 $45.17

$30.21 COP 97.5K

49.52%

Gym Membership (Monthly)

$39.34 $39.34

$33.56 COP 108.4K

17.22%

Tennis Court (1 Hour on Weekend)

$15.03 COP 48.5K

Cinema Ticket

$11.14 $11.14

$7.62 COP 24.6K

46.19%

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

$1,185 $1,185

$557 COP 1.8M

112.62%

International Primary School, 1 Child (Yearly)

$26.4K $26.4K

$13.1K COP 42.2M

102.15%

Jeans (Levis 501 Or Similar)

$24.32 $24.32

$85.1 COP 274.7K

-71.41%

Summer Dress (H&M, Zara, etc)

$31.36 $31.36

$48.17 COP 155.5K

-34.90%

Sport Shoes (Adidas, Nike)

$70.6 $70.6

$139 COP 448.6K

-49.15%

Men's Leather Business Shoes

$155 $155

$108 COP 347.1K

43.89%

1-bedroom Apartment, City Center (Monthly)

$1,608 $1,608

$730 COP 2.4M

120.24%

1-bedroom Apartment, Outside City Center (Monthly)

$1,251 $1,251

$504 COP 1.6M

148.15%

3-bedroom Apartment, City Center (Monthly)

$2,890 $2,890

$1,438 COP 4.6M

100.94%

3-bedroom Apartment, Outside City Center (Monthly)

$2,098 $2,098

$963 COP 3.1M

117.86%

Buy Apartment in City Center (m2)

$2,998 $2,998

$2,946 COP 9.5M

1.77%

Buy Apartment Outside City Center (m2)

$2,623 $2,623

$2,250 COP 7.3M

16.59%

Average Monthly Net Salary (After Tax)

$811 COP 2.6M

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

12.81

-48.48%

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

Last update for Monticello, AR: November 1, 2026

Last update for Bogota: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Monticello, AR

$1.3K 52.9%

Bogota

$504 36.4% 59.7% $747

Eating Out

Monticello, AR

$316 13.4%

Bogota

$156 11.3% 50.6% $160

Monthly Utilities & Internet

Monticello, AR

$269 11.4%

Bogota

$174 12.5% 35.4% $95

Groceries & Markets

Monticello, AR

$266 11.3%

Bogota

$264 19% 0.8% $2.1

Clothing & Footwear

Monticello, AR

$126 5.4%

Bogota

$171 12.3% 35.1% $44

Getting Around

Monticello, AR

$74 3.1%

Bogota

$69 5% 6.7% $4.9

Sport & Entertainment

Monticello, AR

$62 2.6%

Bogota

$49 3.5% 20.8% $13

Cost Breakdown

A central one-bedroom costs $1,608 in Monticello, AR versus $730 in Bogota. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $75 in Monticello, AR versus $43 in Bogota. Monthly groceries follow the same trend: $266 vs $264 – making Bogota the more affordable choice for daily food spending.

Good to know

🇺🇸 Monticello, AR

🇨🇴 Bogota

🕒 Local time

11:56 11:56 AM

12:56 12:56 PM

1 h ahead of Monticello, AR

🌤 Weather

👥 Population

11,414

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.76 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 November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,627 COP (10,000 COP = 2.76 EUR).

COP to USD in detail →

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Between locations

Monticello, AR Bogota 3,700 km ≈ 5 h nonstop flight

From you

Monticello, AR
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

Monticello, AR vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Monticello, AR is pricier by about 70%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,546 per month in Monticello, AR and $2,080 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: a one-bedroom in the center costs $730 there versus $1,608 in Monticello, AR.

A mid-range dinner for two costs $75 in Monticello, AR and $43 in Bogota. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 15% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

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.