Last update: Oct 2026

Cost of Living Comparison Between Newark, NJ and Bogota

For one person, living is cheaper in Bogota: $1,324 a month against $3,069 in Newark, NJ, rent and utilities included – about $20,900 less a year. Rent and utilities account for most of the difference.

149

Cost of Living Index in Newark, NJ
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Newark, NJ Living Index
64

Cost of Living Index in Bogota
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Bogota Living Index

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Newark, NJ

🇺🇸 United States

$3,069

/mo nomad

Bogota

🇨🇴 Colombia

$1,324

/mo nomad

Monthly Cost of Living

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

A single person spends $3,069 per month in Newark, NJ vs $1,324 in Bogota, rent included.

Newark, NJ $3,069
Bogota $1,324

A couple spends around $4,584 per month in Newark, NJ vs $2,127 in Bogota, rent included.

Newark, NJ $4,584
Bogota $2,127

A family of three spends $6,098 per month in Newark, NJ vs $2,931 in Bogota, rent included.

Newark, NJ $6,098
Bogota $2,931

Newark, NJ costs about 132% more than Bogota, and outside of rent the biggest gap is in groceries.

Newark, NJ sits 127% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.21 $20.21

$7.78 COP 24.7K

159.77%

Three-Course Dinner for Two, Mid-Range

$98.7 $98.7

$41.36 COP 131.1K

138.61%

Fast Food Meal (McDonalds, etc)

$14.21 $14.21

$10.02 COP 31.8K

41.82%

Cappuccino

$6.36 $6.36

$2.48 COP 7,877

156.45%

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

$3.73 $3.73

$1.33 COP 4,215

180.45%

Water (0.33 liter bottle)

$2.47 $2.47

$0.89 COP 2,827

177.53%

Local Beer (0.5 liter draught)

$7.98 $7.98

$1.87 COP 5,931

326.74%

Imported Beer (0.33 liter bottle)

$9.97 $9.97

$3.92 COP 12.4K

154.34%

Milk (1 liter)

$1.37 $1.37

$1.67 COP 5,284

-17.96%

White Bread (500g)

$4.51 $4.51

$2.53 COP 8,019

78.26%

Rice (white) (1kg)

$7.53 $7.53

$1.71 COP 5,436

340.35%

Eggs

$5.90 $5.90

$3.42 COP 10.9K

72.51%

Local Cheese (1kg)

$7.22 $7.22

$7.84 COP 24.9K

-7.91%

Chicken Fillets (1kg)

$17.30 $17.30

$7.33 COP 23.2K

136.02%

Beef Round Steak (1kg)

$19.10 $19.10

$9.69 COP 30.7K

97.11%

Apples (1kg)

$6.76 $6.76

$3.59 COP 11.4K

88.30%

Banana (1kg)

$2.30 $2.30

$1.79 COP 5,687

28.49%

Oranges (1kg)

$6.39 $6.39

$1.99 COP 6,320

221.11%

Tomato (1kg)

$6.67 $6.67

$1.73 COP 5,494

285.55%

Potato (1kg)

$4.02 $4.02

$1.44 COP 4,577

179.17%

Onion (1kg)

$4.37 $4.37

$1.45 COP 4,591

201.38%

Lettuce (1 head)

$2.76 $2.76

$1.29 COP 4,104

113.95%

Water (1.5 liter bottle)

$2.63 $2.63

$1.20 COP 3,795

119.17%

Cigarettes 20 Pack (Marlboro, Camel)

$11.85 $11.85

$4.36 COP 13.8K

171.79%

Wine (Bottle)

$19.62 $19.62

$12.53 COP 39.7K

56.58%

Local Beer (0.5 liter bottle)

$1.91 $1.91

$1.41 COP 4,455

35.46%

Imported Beer (0.33 liter bottle)

$2.73 $2.73

$2.81 COP 8,922

-2.85%

One-way Ticket (Public Transport)

$6.13 $6.13

$1.10 COP 3,480

457.27%

Public Transport Monthly Pass (Regular Price)

$54.7 $54.7

$50.7 COP 160.9K

7.84%

Taxi Start (Normal Tariff)

$3.03 $3.03

$2.40 COP 7,622

26.25%

Taxi (Normal Tariff) (1km)

$2.16 $2.16

$2.32 COP 7,366

-6.90%

Taxi 1hour Waiting (Normal Tariff)

$42.49 $42.49

$9.34 COP 29.6K

354.93%

Gasoline (1 liter)

$1.04 $1.04

$1.36 COP 4,299

-23.53%

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

$27.3K $27.3K

$35.4K COP 112.1M

-22.73%

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

$25.9K $25.9K

$35.3K COP 111.9M

-26.47%

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

$213 $213

$127 COP 402.4K

67.54%

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

$75.4 $75.4

$16.30 COP 51.7K

362.70%

Internet (50+ Mbps, Unlimited Data)

$70.6 $70.6

$30.93 COP 98.1K

128.13%

Gym Membership (Monthly)

$29.52 $29.52

$33.46 COP 106.1K

-11.78%

Tennis Court (1 Hour on Weekend)

$17.80 $17.80

$15.35 COP 48.7K

15.96%

Cinema Ticket

$14.72 $14.72

$8.00 COP 25.4K

84.00%

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

$2,129 $2,129

$494 COP 1.6M

330.75%

International Primary School, 1 Child (Yearly)

$61.3K $61.3K

$7,606 COP 24.1M

706.00%

Jeans (Levis 501 Or Similar)

$60.4 $60.4

$86.1 COP 273.1K

-29.83%

Summer Dress (H&M, Zara, etc)

$27.55 $27.55

$48.55 COP 153.9K

-43.25%

Sport Shoes (Adidas, Nike)

$121 $121

$143 COP 454.4K

-15.58%

Men's Leather Business Shoes

$138 $138

$106 COP 336.9K

29.72%

1-bedroom Apartment, City Center (Monthly)

$2,577 $2,577

$801 COP 2.5M

221.53%

1-bedroom Apartment, Outside City Center (Monthly)

$1,535 $1,535

$448 COP 1.4M

242.50%

3-bedroom Apartment, City Center (Monthly)

$4,332 $4,332

$1,274 COP 4.0M

240.08%

3-bedroom Apartment, Outside City Center (Monthly)

$2,608 $2,608

$1,001 COP 3.2M

160.55%

Buy Apartment in City Center (m2)

$5,702 $5,702

$2,847 COP 9.0M

100.27%

Buy Apartment Outside City Center (m2)

$5,577 $5,577

$2,319 COP 7.4M

140.47%

Average Monthly Net Salary (After Tax)

$3,568 $3,568

$799 COP 2.5M

346.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.68

12.81

-47.85%

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

Last update for Newark, NJ: October 17, 2026

Last update for Bogota: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Newark, NJ

$1.5K 50%

Bogota

$448 33.9% 70.8% $1.1K

Groceries & Markets

Newark, NJ

$502 16.4%

Bogota

$262 19.8% 47.9% $240

Eating Out

Newark, NJ

$365 11.9%

Bogota

$148 11.2% 59.4% $217

Monthly Utilities & Internet

Newark, NJ

$359 11.7%

Bogota

$174 13.2% 51.4% $184

Clothing & Footwear

Newark, NJ

$156 5.1%

Bogota

$173 13.1% 10.8% $17

Getting Around

Newark, NJ

$93 3%

Bogota

$69 5.2% 25.7% $24

Sport & Entertainment

Newark, NJ

$59 1.9%

Bogota

$49 3.7% 16.1% $9.5

Cost Breakdown

A central one-bedroom costs $2,577 in Newark, NJ 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 347% higher in Newark, NJ, 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 $99.0 in Newark, NJ versus $41.00 in Bogota. Monthly groceries follow the same trend: $502 vs $262 – making Bogota the more affordable choice for daily food spending.

Good to know

🇺🇸 Newark, NJ

🇨🇴 Bogota

🕒 Local time

04:44 4:44 AM

03:44 3:44 AM

1 h behind Newark, NJ

🌤 Weather

👥 Population

311,549

8,181,047 Capital

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 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 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 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).

COP to USD in detail →

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Newark, NJ Bogota 4,010 km ≈ 6 h nonstop flight

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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

Newark, NJ vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Newark, NJ is pricier by about 132%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $4,604 per month in Newark, NJ 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 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 $3,069 in Newark, NJ and $1,324 in Bogota. That's a gap of about 132%.

Public transport costs about 8% 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 $1,324, than in Newark, NJ at $3,069. In Bogota it covers expenses comfortably, while in Newark, NJ 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, Newark, NJ makes more sense. Both are solid long-term options with distinct trade-offs.