Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Bogota

For one person, living is cheaper in Bogota: $1,310 a month against $5,142 in New York, NY, rent and utilities included – about $46,000 less a year. Rent and utilities account for most of the difference.

245

Cost of Living Index in New York, NY
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New York, NY Living Index
62

Cost of Living Index in Bogota
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Bogota Living Index

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New York, NY

🇺🇸 United States

$5,142

/mo nomad

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Monthly Cost of Living

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

A single person spends $5,142 per month in New York, NY vs $1,310 in Bogota, rent included.

New York, NY $5,142
Bogota $1,310

A couple spends around $7,455 per month in New York, NY vs $2,073 in Bogota, rent included.

New York, NY $7,455
Bogota $2,073

A family of three spends $9,767 per month in New York, NY vs $2,836 in Bogota, rent included.

New York, NY $9,767
Bogota $2,836

New York, NY costs about 292% more than Bogota, and outside of rent the biggest gap is in groceries.

New York, NY sits 284% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.46 $26.46

$7.62 COP 24.5K

247.24%

Three-Course Dinner for Two, Mid-Range

$119 $119

$40.93 COP 131.8K

190.08%

Fast Food Meal (McDonalds, etc)

$14.43 $14.43

$9.96 COP 32.1K

44.88%

Cappuccino

$6.55 $6.55

$2.46 COP 7,933

166.26%

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

$3.84 $3.84

$1.36 COP 4,394

182.35%

Water (0.33 liter bottle)

$3.00 $3.00

$0.82 COP 2,631

265.85%

Local Beer (0.5 liter draught)

$8.27 $8.27

$2.01 COP 6,472

311.44%

Imported Beer (0.33 liter bottle)

$10.05 $10.05

$3.85 COP 12.4K

161.04%

Milk (1 liter)

$1.31 $1.31

$1.62 COP 5,213

-19.14%

White Bread (500g)

$4.90 $4.90

$2.46 COP 7,909

99.19%

Rice (white) (1kg)

$7.16 $7.16

$1.65 COP 5,311

333.94%

Eggs

$5.92 $5.92

$3.45 COP 11.1K

71.59%

Local Cheese (1kg)

$19.06 $19.06

$7.69 COP 24.8K

147.85%

Chicken Fillets (1kg)

$17.38 $17.38

$7.02 COP 22.6K

147.58%

Beef Round Steak (1kg)

$18.94 $18.94

$9.72 COP 31.3K

94.86%

Apples (1kg)

$6.96 $6.96

$3.47 COP 11.2K

100.58%

Banana (1kg)

$2.08 $2.08

$1.78 COP 5,732

16.85%

Oranges (1kg)

$6.10 $6.10

$1.96 COP 6,305

211.22%

Tomato (1kg)

$6.95 $6.95

$1.75 COP 5,637

297.14%

Potato (1kg)

$3.98 $3.98

$1.40 COP 4,507

184.29%

Onion (1kg)

$4.44 $4.44

$1.39 COP 4,479

219.42%

Lettuce (1 head)

$2.81 $2.81

$1.31 COP 4,232

114.50%

Water (1.5 liter bottle)

$2.51 $2.51

$1.16 COP 3,724

116.38%

Cigarettes 20 Pack (Marlboro, Camel)

$19.27 $19.27

$4.15 COP 13.4K

364.34%

Wine (Bottle)

$19.67 $19.67

$12.24 COP 39.4K

60.70%

Local Beer (0.5 liter bottle)

$3.08 $3.08

$1.42 COP 4,575

116.90%

Imported Beer (0.33 liter bottle)

$3.68 $3.68

$2.83 COP 9,117

30.04%

One-way Ticket (Public Transport)

$3.02 $3.02

$1.06 COP 3,426

184.91%

Public Transport Monthly Pass (Regular Price)

$140 $140

$48.65 COP 156.7K

186.78%

Taxi Start (Normal Tariff)

$3.07 $3.07

$2.28 COP 7,335

34.65%

Taxi (Normal Tariff) (1km)

$2.13 $2.13

$2.31 COP 7,454

-7.79%

Taxi 1hour Waiting (Normal Tariff)

$41.21 $41.21

$9.26 COP 29.8K

345.03%

Gasoline (1 liter)

$1.11 $1.11

$1.26 COP 4,042

-11.90%

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

$35.0K $35.0K

$23.4K COP 75.3M

49.72%

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

$25.4K $25.4K

$35.3K COP 113.7M

-28.06%

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

$217 $217

$121 COP 389.4K

79.83%

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

$74.0 $74.0

$15.63 COP 50.3K

373.58%

Internet (50+ Mbps, Unlimited Data)

$72.5 $72.5

$29.00 COP 93.4K

149.93%

Gym Membership (Monthly)

$120 $120

$32.55 COP 104.8K

270.05%

Tennis Court (1 Hour on Weekend)

$66.9 $66.9

$15.14 COP 48.7K

341.81%

Cinema Ticket

$22.32 $22.32

$7.55 COP 24.3K

195.63%

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

$3,425 $3,425

$465 COP 1.5M

636.86%

International Primary School, 1 Child (Yearly)

$61.2K $61.2K

$8,119 COP 26.1M

653.36%

Jeans (Levis 501 Or Similar)

$76.3 $76.3

$82.5 COP 265.6K

-7.50%

Summer Dress (H&M, Zara, etc)

$55.5 $55.5

$46.69 COP 150.3K

18.76%

Sport Shoes (Adidas, Nike)

$119 $119

$142 COP 457.4K

-16.07%

Men's Leather Business Shoes

$131 $131

$104 COP 335.2K

25.45%

1-bedroom Apartment, City Center (Monthly)

$4,506 $4,506

$781 COP 2.5M

476.86%

1-bedroom Apartment, Outside City Center (Monthly)

$3,155 $3,155

$440 COP 1.4M

616.99%

3-bedroom Apartment, City Center (Monthly)

$8,817 $8,817

$1,258 COP 4.1M

600.98%

3-bedroom Apartment, Outside City Center (Monthly)

$5,532 $5,532

$974 COP 3.1M

468.03%

Buy Apartment in City Center (m2)

$19.4K $19.4K

$2,755 COP 8.9M

603.72%

Buy Apartment Outside City Center (m2)

$6,754 $6,754

$2,239 COP 7.2M

201.62%

Average Monthly Net Salary (After Tax)

$5,290 $5,290

$795 COP 2.6M

565.29%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

12.81

-46.76%

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

Last update for New York, NY: October 3, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.2K 63.2%

Bogota

$440 34% 86.1% $2.7K

Groceries & Markets

New York, NY

$546 11%

Bogota

$256 19.9% 53% $290

Eating Out

New York, NY

$422 8.5%

Bogota

$147 11.4% 65.2% $275

Monthly Utilities & Internet

New York, NY

$364 7.3%

Bogota

$166 12.8% 54.5% $198

Clothing & Footwear

New York, NY

$172 3.4%

Bogota

$169 13.1% 1.6% $2.8

Getting Around

New York, NY

$165 3.3%

Bogota

$67 5.2% 59.6% $99

Sport & Entertainment

New York, NY

$165 3.3%

Bogota

$48 3.7% 71.1% $117

Cost Breakdown

A central one-bedroom costs $4,506 in New York, NY 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.

Salaries run about 565% higher in New York, NY, 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 $119 in New York, NY versus $41.00 in Bogota. Monthly groceries follow the same trend: $546 vs $256 – making Bogota the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇨🇴 Bogota

🕒 Local time

23:54 11:54 PM

22:54 10:54 PM

1 h behind New York, NY

🌤 Weather

👥 Population

8,804,190

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.892 EUR

10,000 COP = 3.11 USD

10,000 COP = 2.77 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 October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,220 COP (10,000 COP = 3.11 USD). 1 EUR = 3,611 COP (10,000 COP = 2.77 EUR).

COP to USD in detail →

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Between locations

New York, NY Bogota 3,990 km ≈ 5 h nonstop flight

From you

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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 York, NY vs Bogota: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 292%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $7,714 per month in New York, NY and $1,966 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 $5,142 in New York, NY and $1,310 in Bogota. That's a gap of about 292%.

Public transport costs about 187% 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 $1,310, than in New York, NY at $5,142. In Bogota it covers expenses comfortably, while in New York, NY 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, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.