Last update: Oct 2026

Cost of Living Comparison Between Ouro Preto, Minas Gerais and Bogota

For one person, living is cheaper in Ouro Preto, Minas Gerais: $818 a month against $1,323 in Bogota, rent and utilities included – about $6,100 less a year. Rent and utilities account for about half of the difference.

Ouro Preto, Minas Gerais
🇧🇷 Brazil
$818
/mo nomad
Bogota
🇨🇴 Colombia
$1,323
/mo nomad
Monthly Cost of Living

How much you'll spend in Ouro Preto, Minas Gerais 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 Ouro Preto, Minas Gerais and in Bogota actually costs, broken down by who's living it.

A single person spends $818 per month in Ouro Preto, Minas Gerais vs $1,323 in Bogota, rent included.

  • Ouro Preto, Minas Gerais $818
  • Bogota $1,323

A couple spends around $1,265 per month in Ouro Preto, Minas Gerais vs $2,110 in Bogota, rent included.

  • Ouro Preto, Minas Gerais $1,265
  • Bogota $2,110

A family of three spends $1,712 per month in Ouro Preto, Minas Gerais vs $2,897 in Bogota, rent included.

  • Ouro Preto, Minas Gerais $1,712
  • Bogota $2,897

Ouro Preto, Minas Gerais is about 38% cheaper than Bogota, and outside of rent the biggest gap is in groceries.

Both Ouro Preto, Minas Gerais and Bogota are more affordable than the global median – Ouro Preto, Minas Gerais 39% lower, Bogota 2% lower.

Currency
🍽 Eating Out
Ouro Preto, Minas Gerais
Bogota
Difference
Meal at Budget Restaurant
$4.41 R$22.13
$7.65 COP 24.3K
-42.35%
Three-Course Dinner for Two, Mid-Range
$15.91 R$79.8
$41.44 COP 131.8K
-61.61%
Fast Food Meal (McDonalds, etc)
$7.30 R$36.65
$10.38 COP 33.0K
-29.67%
Cappuccino
$1.71 R$8.60
$2.53 COP 8,037
-32.41%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.43 R$7.18
$1.35 COP 4,290
5.93%
Water (0.33 liter bottle)
$0.62 R$3.12
$0.87 COP 2,760
-28.74%
Local Beer (0.5 liter draught)
$1.22 R$6.11
$2.06 COP 6,563
-40.78%
Imported Beer (0.33 liter bottle)
$2.47 R$12.38
$3.98 COP 12.6K
-37.94%
🛒 Groceries & Markets
Ouro Preto, Minas Gerais
Bogota
Difference
Milk (1 liter)
$0.94 R$4.69
$1.65 COP 5,257
-43.03%
White Bread (500g)
$1.57 R$7.89
$2.40 COP 7,642
-34.58%
Rice (white) (1kg)
$1.38 R$6.91
$1.69 COP 5,362
-18.34%
Eggs
$2.02 R$10.16
$3.54 COP 11.2K
-42.94%
Local Cheese (1kg)
$9.22 R$46.26
$7.89 COP 25.1K
16.86%
Chicken Fillets (1kg)
$3.53 R$17.69
$7.30 COP 23.2K
-51.64%
Beef Round Steak (1kg)
$10.05 R$50.5
$9.87 COP 31.4K
1.82%
Apples (1kg)
$1.94 R$9.75
$3.58 COP 11.4K
-45.81%
Banana (1kg)
$1.16 R$5.82
$1.84 COP 5,840
-36.96%
Oranges (1kg)
$0.93 R$4.68
$1.90 COP 6,031
-51.05%
Tomato (1kg)
$1.23 R$6.20
$1.74 COP 5,534
-29.31%
Potato (1kg)
$0.71 R$3.54
$1.41 COP 4,499
-49.65%
Onion (1kg)
$0.86 R$4.32
$1.37 COP 4,345
-37.23%
Lettuce (1 head)
$0.54 R$2.69
$1.30 COP 4,144
-58.46%
Water (1.5 liter bottle)
$0.77 R$3.85
$1.15 COP 3,654
-33.04%
Cigarettes 20 Pack (Marlboro, Camel)
$1.57 R$7.86
$4.32 COP 13.7K
-63.66%
Wine (Bottle)
$5.94 R$29.78
$12.76 COP 40.6K
-53.45%
Local Beer (0.5 liter bottle)
$0.98 R$4.93
$1.43 COP 4,557
-31.47%
Imported Beer (0.33 liter bottle)
$1.37 R$6.90
$2.83 COP 9,014
-51.59%
🚌 Getting Around
Ouro Preto, Minas Gerais
Bogota
Difference
One-way Ticket (Public Transport)
$1.04 R$5.22
$1.08 COP 3,444
-3.70%
Public Transport Monthly Pass (Regular Price)
$43.37 R$218
$50.8 COP 161.6K
-14.63%
Taxi Start (Normal Tariff)
$1.38 R$6.91
$2.38 COP 7,574
-42.02%
Taxi (Normal Tariff) (1km)
$0.74 R$3.69
$2.34 COP 7,434
-68.38%
Taxi 1hour Waiting (Normal Tariff)
$3.97 R$19.89
$9.20 COP 29.3K
-56.85%
Gasoline (1 liter)
$1.31 R$6.56
$1.33 COP 4,226
-1.50%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$11.9K R$59.9K
$23.5K COP 74.7M
-49.11%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.6K R$148.4K
$35.6K COP 113.4M
-17.03%
🧾 Monthly Utilities & Internet
Ouro Preto, Minas Gerais
Bogota
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$60.4 R$303
$125 COP 399.0K
-51.82%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.88 R$49.55
$16.29 COP 51.8K
-39.35%
Internet (50+ Mbps, Unlimited Data)
$19.42 R$97.5
$30.21 COP 96.1K
-35.72%
🎉 Sport & Entertainment
Ouro Preto, Minas Gerais
Bogota
Difference
Gym Membership (Monthly)
$25.65 R$129
$34.11 COP 108.5K
-24.80%
Tennis Court (1 Hour on Weekend)
$27.30 R$137
$15.37 COP 48.9K
77.62%
Cinema Ticket
$6.64 R$33.29
$7.84 COP 24.9K
-15.31%
🧸 Childcare & Education
Ouro Preto, Minas Gerais
Bogota
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$146 R$731
$501 COP 1.6M
-70.93%
International Primary School, 1 Child (Yearly)
$2,019 R$10.1K
$7,450 COP 23.7M
-72.91%
👕👟 Clothing & Footwear
Ouro Preto, Minas Gerais
Bogota
Difference
Jeans (Levis 501 Or Similar)
$71.5 R$359
$82.8 COP 263.4K
-13.68%
Summer Dress (H&M, Zara, etc)
$84.3 R$423
$47.40 COP 150.8K
77.81%
Sport Shoes (Adidas, Nike)
$67.2 R$337
$142 COP 450.8K
-52.62%
Men's Leather Business Shoes
$48.89 R$245
$106 COP 338.5K
-54.06%
🏠 Accommodation & Living
Ouro Preto, Minas Gerais
Bogota
Difference
1-bedroom Apartment, City Center (Monthly)
$359 R$1,799
$803 COP 2.6M
-55.34%
1-bedroom Apartment, Outside City Center (Monthly)
$242 R$1,213
$452 COP 1.4M
-46.47%
3-bedroom Apartment, City Center (Monthly)
$670 R$3,359
$1,244 COP 4.0M
-46.17%
3-bedroom Apartment, Outside City Center (Monthly)
$451 R$2,264
$974 COP 3.1M
-53.67%
Buy Apartment in City Center (m2)
$1,882 R$9,445
$2,816 COP 9.0M
-33.16%
Buy Apartment Outside City Center (m2)
$1,339 R$6,718
$2,354 COP 7.5M
-43.13%
💵 Salaries & Financials
Ouro Preto, Minas Gerais
Bogota
Difference
Average Monthly Net Salary (After Tax)
-
$813 COP 2.6M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10.67
12.81
-16.71%

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

Last update for Ouro Preto, Minas Gerais: October 13, 2026

Last update for Bogota: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Ouro Preto, Minas Gerais
$242
Bogota
$452 86.8% $210
Groceries & Markets
Ouro Preto, Minas Gerais
$175
Bogota
$261 48.6% $85
Clothing & Footwear
Ouro Preto, Minas Gerais
$122
Bogota
$170 39.2% $48
Eating Out
Ouro Preto, Minas Gerais
$97
Bogota
$150 54.4% $53
Monthly Utilities & Internet
Ouro Preto, Minas Gerais
$90
Bogota
$172 91.6% $82
Getting Around
Ouro Preto, Minas Gerais
$53
Bogota
$69 31.6% $17
Sport & Entertainment
Ouro Preto, Minas Gerais
$39
Bogota
$50 27.9% $11

Cost Breakdown

A central one-bedroom costs $359 in Ouro Preto, Minas Gerais versus $803 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 $16.00 in Ouro Preto, Minas Gerais versus $41.00 in Bogota. Monthly groceries follow the same trend: $175 vs $261 – making Ouro Preto, Minas Gerais the more affordable choice for daily food spending.

Good to know
🇧🇷 Ouro Preto, Minas Gerais
🇨🇴 Bogota
🕒 Local time
16:15 4:15 PM
14:15 2:15 PM
2 h behind Ouro Preto, Minas Gerais
🌤 Weather
👥 Population
74,821
8,181,047 Capital
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to BRL – Brazilian Real Converter

Brazilian Real exchange rates as of October 14, 2026: 1 USD = 5.02 BRL (1 BRL = 0.199 USD). 1 EUR = 5.62 BRL (1 BRL = 0.178 EUR).

Colombian Peso exchange rates as of October 14, 2026: 1 USD = 3,181 COP (10,000 COP = 3.14 USD). 1 EUR = 3,564 COP (10,000 COP = 2.81 EUR).

On the map
Between locations
  • Ouro Preto, Minas Gerais Bogota 4,350 km ≈ 6 h nonstop flight
From you
  • Ouro Preto, Minas Gerais
  • 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
Ouro Preto, Minas Gerais vs Bogota: Cost of Living - Frequently Asked Questions
Is Bogota cheaper than Ouro Preto, Minas Gerais?
Yes – Bogota is pricier by about 62%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $1,227 per month in Ouro Preto, Minas Gerais and $1,985 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 Ouro Preto, Minas Gerais, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Ouro Preto, Minas Gerais and in Bogota?
Monthly expenses with rent come to $818 in Ouro Preto, Minas Gerais and $1,323 in Bogota. That's a gap of about 62%.
Which city has cheaper public transport?
Public transport costs about 17% less in Ouro Preto, Minas Gerais. For daily commuters, that gap adds up to noticeable savings over a year.
Is $1,500 a realistic budget for living in Ouro Preto, Minas Gerais or in Bogota?
A $1,500 monthly budget goes further in Ouro Preto, Minas Gerais, where all-in costs run around $818, than in Bogota at $1,323. In Ouro Preto, Minas Gerais it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.
Is Ouro Preto, Minas Gerais or Bogota more family-friendly?
Families tend to lean toward Ouro Preto, Minas Gerais – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Ouro Preto, Minas Gerais or Bogota?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Ouro Preto, Minas Gerais. 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.

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