Last update: Oct 2026

Cost of Living Comparison Between New Providence and Bogota

For one person, living is cheaper in Bogota: $1,310 a month against $2,134 in New Providence, rent and utilities included – about $9,900 less a year. Other living expenses account for most of the difference.

New Providence
🇧🇸 Bahamas
$2,134
/mo nomad
Bogota
🇨🇴 Colombia
$1,310
/mo nomad
Monthly Cost of Living

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

A single person spends $2,134 per month in New Providence vs $1,310 in Bogota, rent included.

  • New Providence $2,134
  • Bogota $1,310

A couple spends around $5,196 per month in New Providence vs $2,073 in Bogota, rent included.

  • New Providence $5,196
  • Bogota $2,073

A family of three spends $8,257 per month in New Providence vs $2,836 in Bogota, rent included.

  • New Providence $8,257
  • Bogota $2,836

New Providence costs about 63% more than Bogota, and outside of rent the biggest gap is in eating out.

New Providence sits 59% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
New Providence
Bogota
Difference
Meal at Budget Restaurant
$74.6 BSD 74.6
$7.62 COP 24.3K
879.13%
Three-Course Dinner for Two, Mid-Range
$151 BSD 151
$40.93 COP 130.4K
269.48%
Fast Food Meal (McDonalds, etc)
-
$9.96 COP 31.7K
-
Cappuccino
$5.40 BSD 5.40
$2.46 COP 7,851
119.51%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
-
$1.36 COP 4,348
-
Water (0.33 liter bottle)
-
$0.82 COP 2,603
-
Local Beer (0.5 liter draught)
-
$2.01 COP 6,405
-
Imported Beer (0.33 liter bottle)
-
$3.85 COP 12.3K
-
🛒 Groceries & Markets
New Providence
Bogota
Difference
Milk (1 liter)
$2.17 BSD 2.17
$1.62 COP 5,160
33.95%
White Bread (500g)
$4.91 BSD 4.91
$2.46 COP 7,828
99.59%
Rice (white) (1kg)
$5.05 BSD 5.05
$1.65 COP 5,256
206.06%
Eggs
$10.12 BSD 10.12
$3.45 COP 11.0K
193.33%
Local Cheese (1kg)
$19.69 BSD 19.69
$7.69 COP 24.5K
156.05%
Chicken Fillets (1kg)
$10.09 BSD 10.09
$7.02 COP 22.4K
43.73%
Beef Round Steak (1kg)
$20.37 BSD 20.37
$9.72 COP 31.0K
109.57%
Apples (1kg)
$4.45 BSD 4.45
$3.47 COP 11.1K
28.24%
Banana (1kg)
$6.10 BSD 6.10
$1.78 COP 5,673
242.70%
Oranges (1kg)
$7.17 BSD 7.17
$1.96 COP 6,240
265.82%
Tomato (1kg)
$4.02 BSD 4.02
$1.75 COP 5,579
129.71%
Potato (1kg)
$4.02 BSD 4.02
$1.40 COP 4,460
187.14%
Onion (1kg)
$2.95 BSD 2.95
$1.39 COP 4,433
112.23%
Lettuce (1 head)
$2.95 BSD 2.95
$1.31 COP 4,188
125.19%
Water (1.5 liter bottle)
$2.93 BSD 2.93
$1.16 COP 3,685
152.59%
Cigarettes 20 Pack (Marlboro, Camel)
$15.16 BSD 15.16
$4.15 COP 13.2K
265.30%
Wine (Bottle)
$25.37 BSD 25.37
$12.24 COP 39.0K
107.27%
Local Beer (0.5 liter bottle)
$3.72 BSD 3.72
$1.42 COP 4,528
161.97%
Imported Beer (0.33 liter bottle)
$4.08 BSD 4.08
$2.83 COP 9,022
44.17%
🚌 Getting Around
New Providence
Bogota
Difference
One-way Ticket (Public Transport)
-
$1.06 COP 3,391
-
Public Transport Monthly Pass (Regular Price)
-
$48.65 COP 155.0K
-
Taxi Start (Normal Tariff)
-
$2.28 COP 7,259
-
Taxi (Normal Tariff) (1km)
-
$2.31 COP 7,377
-
Taxi 1hour Waiting (Normal Tariff)
-
$9.26 COP 29.5K
-
Gasoline (1 liter)
$1.76 BSD 1.76
$1.26 COP 4,000
39.68%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$23.4K COP 74.5M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$35.3K COP 112.5M
-
🧾 Monthly Utilities & Internet
New Providence
Bogota
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
-
$121 COP 385.4K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$40.39 BSD 40.39
$15.63 COP 49.8K
158.41%
Internet (50+ Mbps, Unlimited Data)
$100 BSD 100
$29.00 COP 92.4K
245.34%
🎉 Sport & Entertainment
New Providence
Bogota
Difference
Gym Membership (Monthly)
$76.5 BSD 76.5
$32.55 COP 103.7K
134.99%
Tennis Court (1 Hour on Weekend)
-
$15.14 COP 48.2K
-
Cinema Ticket
$14.72 BSD 14.72
$7.55 COP 24.0K
94.97%
🧸 Childcare & Education
New Providence
Bogota
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,525 BSD 1,525
$465 COP 1.5M
228.16%
International Primary School, 1 Child (Yearly)
$14.8K BSD 14.8K
$8,119 COP 25.9M
82.69%
👕👟 Clothing & Footwear
New Providence
Bogota
Difference
Jeans (Levis 501 Or Similar)
-
$82.5 COP 262.8K
-
Summer Dress (H&M, Zara, etc)
-
$46.69 COP 148.8K
-
Sport Shoes (Adidas, Nike)
-
$142 COP 452.7K
-
Men's Leather Business Shoes
-
$104 COP 331.7K
-
🏠 Accommodation & Living
New Providence
Bogota
Difference
1-bedroom Apartment, City Center (Monthly)
$1,518 BSD 1,518
$781 COP 2.5M
94.27%
1-bedroom Apartment, Outside City Center (Monthly)
$692 BSD 692
$440 COP 1.4M
57.25%
3-bedroom Apartment, City Center (Monthly)
-
$1,258 COP 4.0M
-
3-bedroom Apartment, Outside City Center (Monthly)
$4,529 BSD 4,529
$974 COP 3.1M
365.03%
Buy Apartment in City Center (m2)
-
$2,755 COP 8.8M
-
Buy Apartment Outside City Center (m2)
-
$2,239 COP 7.1M
-
💵 Salaries & Financials
New Providence
Bogota
Difference
Average Monthly Net Salary (After Tax)
-
$795 COP 2.5M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
0
12.81
-

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

Last update for New Providence: October 6, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
New Providence
–
Bogota
$440
Groceries & Markets
New Providence
–
Bogota
$256
Clothing & Footwear
New Providence
–
Bogota
$169
Monthly Utilities & Internet
New Providence
–
Bogota
$166
Eating Out
New Providence
–
Bogota
$147
Getting Around
New Providence
–
Bogota
$67
Sport & Entertainment
New Providence
–
Bogota
$48

Cost Breakdown

A central one-bedroom costs $1,518 in New Providence versus $781 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 $151 in New Providence versus $41.00 in Bogota. Monthly groceries follow the same trend: $552 vs $256 – making Bogota the more affordable choice for daily food spending.

Good to know
🇧🇸 New Providence
🇨🇴 Bogota
🕒 Local time
07:29 7:29 AM
06:29 6:29 AM
1 h behind New Providence
🌤 Weather
👥 Population
296,522
8,181,047 Capital
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to BSD – Bahamian Dollar Converter

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,571 COP (10,000 COP = 2.8 EUR).

On the map
Between locations
  • New Providence Bogota 2,300 km ≈ 3 h 30 min nonstop flight
From you
  • New Providence
  • 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
New Providence vs Bogota: Cost of Living - Frequently Asked Questions
Is Bogota cheaper than New Providence?
Yes – New Providence is pricier by about 63%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,201 per month in New Providence and $1,966 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in New Providence or in Bogota?
A mid-range dinner for two costs $151 in New Providence and $41.00 in Bogota. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in New Providence and in Bogota?
Groceries cost about 115% more in New Providence, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for living in New Providence or in Bogota?
A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,310, than in New Providence at $2,134. In Bogota it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.
Is New Providence or Bogota more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Bogota. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.

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