Last update: Oct 2026

Cost of Living Comparison Between Puerto Montt and Bogota

For one person, living is cheaper in Puerto Montt: $453 a month against $1,323 in Bogota, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

Puerto Montt
🇨🇱 Chile
$453
/mo nomad
Bogota
🇨🇴 Colombia
$1,323
/mo nomad
Monthly Cost of Living

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

A single person spends $453 per month in Puerto Montt vs $1,323 in Bogota, rent included.

  • Puerto Montt $453
  • Bogota $1,323

A couple spends around $758 per month in Puerto Montt vs $2,110 in Bogota, rent included.

  • Puerto Montt $758
  • Bogota $2,110

A family of three spends $1,064 per month in Puerto Montt vs $2,897 in Bogota, rent included.

  • Puerto Montt $1,064
  • Bogota $2,897

Puerto Montt is about 66% cheaper than Bogota, and outside of rent the biggest gap is in clothing.

Both Puerto Montt and Bogota are more affordable than the global median – Puerto Montt 66% lower, Bogota 2% lower.

Currency
🍽 Eating Out
Puerto Montt
Bogota
Difference
Meal at Budget Restaurant
$8.01 CLP 7,886
$7.65 COP 24.3K
4.71%
Three-Course Dinner for Two, Mid-Range
$36.02 CLP 35.5K
$41.44 COP 131.4K
-13.08%
Fast Food Meal (McDonalds, etc)
$7.23 CLP 7,112
$10.38 COP 32.9K
-30.35%
Cappuccino
$2.74 CLP 2,697
$2.53 COP 8,011
8.30%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.96 CLP 944
$1.35 COP 4,277
-28.89%
Water (0.33 liter bottle)
$0.93 CLP 918
$0.87 COP 2,752
6.90%
Local Beer (0.5 liter draught)
-
$2.06 COP 6,542
-
Imported Beer (0.33 liter bottle)
-
$3.98 COP 12.6K
-
🛒 Groceries & Markets
Puerto Montt
Bogota
Difference
Milk (1 liter)
$1.14 CLP 1,121
$1.65 COP 5,240
-30.91%
White Bread (500g)
$2.49 CLP 2,456
$2.40 COP 7,618
3.75%
Rice (white) (1kg)
$1.47 CLP 1,448
$1.69 COP 5,345
-13.02%
Eggs
$3.21 CLP 3,162
$3.54 COP 11.2K
-9.32%
Local Cheese (1kg)
$11.41 CLP 11.2K
$7.89 COP 25.0K
44.61%
Chicken Fillets (1kg)
$5.69 CLP 5,598
$7.30 COP 23.1K
-22.05%
Beef Round Steak (1kg)
$6.85 CLP 6,744
$9.87 COP 31.3K
-30.60%
Apples (1kg)
$1.04 CLP 1,021
$3.58 COP 11.4K
-70.95%
Banana (1kg)
$1.35 CLP 1,326
$1.84 COP 5,822
-26.63%
Oranges (1kg)
$2.70 CLP 2,659
$1.90 COP 6,012
42.11%
Tomato (1kg)
$1.82 CLP 1,788
$1.74 COP 5,517
4.60%
Potato (1kg)
-
$1.41 COP 4,484
-
Onion (1kg)
$1.56 CLP 1,536
$1.37 COP 4,332
13.87%
Lettuce (1 head)
$1.32 CLP 1,296
$1.30 COP 4,131
1.54%
Water (1.5 liter bottle)
$1.46 CLP 1,438
$1.15 COP 3,643
26.96%
Cigarettes 20 Pack (Marlboro, Camel)
$4.55 CLP 4,482
$4.32 COP 13.7K
5.32%
Wine (Bottle)
$5.68 CLP 5,588
$12.76 COP 40.5K
-55.49%
Local Beer (0.5 liter bottle)
$1.39 CLP 1,368
$1.43 COP 4,542
-2.80%
Imported Beer (0.33 liter bottle)
$1.54 CLP 1,519
$2.83 COP 8,986
-45.58%
🚌 Getting Around
Puerto Montt
Bogota
Difference
One-way Ticket (Public Transport)
$0.89 CLP 875
$1.08 COP 3,434
-17.59%
Public Transport Monthly Pass (Regular Price)
-
$50.8 COP 161.1K
-
Taxi Start (Normal Tariff)
-
$2.38 COP 7,550
-
Taxi (Normal Tariff) (1km)
-
$2.34 COP 7,411
-
Taxi 1hour Waiting (Normal Tariff)
-
$9.20 COP 29.2K
-
Gasoline (1 liter)
$1.30 CLP 1,282
$1.33 COP 4,213
-2.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$23.5K COP 74.4M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$35.6K COP 113.0M
-
🧾 Monthly Utilities & Internet
Puerto Montt
Bogota
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$62.0 CLP 61.0K
$125 COP 397.8K
-50.61%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.06 CLP 10.9K
$16.29 COP 51.6K
-32.11%
Internet (50+ Mbps, Unlimited Data)
$31.03 CLP 30.5K
$30.21 COP 95.8K
2.71%
🎉 Sport & Entertainment
Puerto Montt
Bogota
Difference
Gym Membership (Monthly)
-
$34.11 COP 108.2K
-
Tennis Court (1 Hour on Weekend)
-
$15.37 COP 48.7K
-
Cinema Ticket
-
$7.84 COP 24.8K
-
🧸 Childcare & Education
Puerto Montt
Bogota
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$145 CLP 142.5K
$501 COP 1.6M
-71.13%
International Primary School, 1 Child (Yearly)
-
$7,450 COP 23.6M
-
👕👟 Clothing & Footwear
Puerto Montt
Bogota
Difference
Jeans (Levis 501 Or Similar)
-
$82.8 COP 262.6K
-
Summer Dress (H&M, Zara, etc)
-
$47.40 COP 150.3K
-
Sport Shoes (Adidas, Nike)
-
$142 COP 449.4K
-
Men's Leather Business Shoes
-
$106 COP 337.4K
-
🏠 Accommodation & Living
Puerto Montt
Bogota
Difference
1-bedroom Apartment, City Center (Monthly)
$502 CLP 494.6K
$803 COP 2.5M
-37.43%
1-bedroom Apartment, Outside City Center (Monthly)
-
$452 COP 1.4M
-
3-bedroom Apartment, City Center (Monthly)
-
$1,244 COP 3.9M
-
3-bedroom Apartment, Outside City Center (Monthly)
-
$974 COP 3.1M
-
Buy Apartment in City Center (m2)
-
$2,816 COP 8.9M
-
Buy Apartment Outside City Center (m2)
-
$2,354 COP 7.5M
-
💵 Salaries & Financials
Puerto Montt
Bogota
Difference
Average Monthly Net Salary (After Tax)
-
$813 COP 2.6M
-
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 Puerto Montt: October 13, 2026

Last update for Bogota: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Groceries & Markets
Puerto Montt
$219 *
Bogota
$261 19.2% $42
Eating Out
Puerto Montt
$126 *
Bogota
$150 18.7% $24
Monthly Utilities & Internet
Puerto Montt
$104
Bogota
$172 65.3% $68
Getting Around
Puerto Montt
$3.6 *
Bogota
$69 1849% $66
Sport & Entertainment
Puerto Montt
- *
Bogota
$50
Clothing & Footwear
Puerto Montt
- *
Bogota
$170
Accommodation & Living
Puerto Montt
- *
Bogota
$452

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $502 in Puerto Montt 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 $36.00 in Puerto Montt versus $41.00 in Bogota. Monthly groceries follow the same trend: $219 vs $261 – making Puerto Montt the more affordable choice for daily food spending.

Good to know
🇨🇱 Puerto Montt
🇨🇴 Bogota
🕒 Local time
22:32 10:32 PM
20:32 8:32 PM
2 h behind Puerto Montt
🌤 Weather
👥 Population
169,736
8,181,047 Capital
💱 Currency
Exchange rates and currency converter

COP, USD, EUR to CLP – Chilean Peso Converter

Chilean Peso exchange rates as of October 19, 2026: 1 USD = 984 CLP (1,000 CLP = 1.02 USD). 1 EUR = 1,107 CLP (10,000 CLP = 9.04 EUR).

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

On the map
Between locations
  • Puerto Montt Bogota 5,140 km ≈ 7 h nonstop flight
From you
  • Puerto Montt
  • 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
Puerto Montt vs Bogota: Cost of Living - Frequently Asked Questions
Is Bogota cheaper than Puerto Montt?
Yes – Bogota is pricier by about 192%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $679 per month in Puerto Montt 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 Puerto Montt, 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 Puerto Montt or in Bogota?
A mid-range dinner for two costs $36.00 in Puerto Montt 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 Puerto Montt and in Bogota?
Groceries cost about 19% more in Bogota, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,000 a realistic budget for living in Puerto Montt or in Bogota?
A $1,000 monthly budget goes further in Puerto Montt, where all-in costs run around $453, than in Bogota at $1,323. In Puerto Montt it covers expenses comfortably, while in Bogota it requires careful planning or may not stretch far enough.
Is Puerto Montt or Bogota more family-friendly?
Families tend to lean toward Puerto Montt – 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 Puerto Montt. 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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