Cost of Living Comparison Between Rakvere and Ibague Cost of Living Comparison Between Rakvere and Ibague

Monthly Cost of Living

Monthly costs for one person with rent: $1,103 in Rakvere versus $1,109 in Ibague.

Estimated couple costs with rent: $1,716 in Rakvere versus $1,810 in Ibague.

Monthly costs for a family of three with rent: $2,330 in Rakvere versus $2,512 in Ibague.

Living in Rakvere costs roughly 1% less than in Ibague, driven mainly by Eating Out.

Both cities sit below the global median: Rakvere 20% lower, Ibague 19% lower.

Meal at Budget Restaurant

$11.77 €10.13

$7.86 COP 24.6K

49.75%

Three-Course Dinner for Two, Mid-Range

$66.6 €57.3

$41.75 COP 130.6K

59.43%

Fast Food Meal (McDonalds, etc)

$11.47 €9.88

$7.79 COP 24.4K

47.24%

Cappuccino

$3.82 €3.29

$1.54 COP 4,825

148.05%

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

$2.46 €2.12

$1.08 COP 3,382

127.78%

Water (0.33 liter bottle)

$1.70 €1.47

$0.83 COP 2,587

104.82%

Local Beer (0.5 liter draught)

$5.95 €5.12

$1.45 COP 4,530

310.34%

Imported Beer (0.33 liter bottle)

$4.76 €4.10

$3.69 COP 11.5K

29.00%

Milk (1 liter)

$0.67 €0.58

$1.08 COP 3,391

-37.96%

White Bread (500g)

$2.02 €1.74

$2.38 COP 7,441

-15.13%

Rice (white) (1kg)

$2.48 €2.13

$1.12 COP 3,492

121.43%

Eggs

$2.04 €1.75

$2.17 COP 6,800

-5.99%

Local Cheese (1kg)

$13.25 €11.40

$7.06 COP 22.1K

87.68%

Chicken Fillets (1kg)

$6.83 €5.88

$6.63 COP 20.8K

3.02%

Beef Round Steak (1kg)

$4.57 €3.93

$10.50 COP 32.9K

-56.48%

Apples (1kg)

$2.20 €1.89

$3.34 COP 10.4K

-34.13%

Banana (1kg)

$1.53 €1.31

$0.97 COP 3,043

57.73%

Oranges (1kg)

$2.15 €1.85

$1.45 COP 4,533

48.28%

Tomato (1kg)

$2.43 €2.09

$1.80 COP 5,626

35.00%

Potato (1kg)

$0.78 €0.67

$0.80 COP 2,509

-2.50%

Onion (1kg)

$0.56 €0.48

$0.71 COP 2,233

-21.13%

Lettuce (1 head)

$1.88 €1.62

$0.81 COP 2,523

132.10%

Water (1.5 liter bottle)

$1.22 €1.05

$1.13 COP 3,536

7.96%

Cigarettes 20 Pack (Marlboro, Camel)

$6.80 €5.86

$4.50 COP 14.1K

51.11%

Wine (Bottle)

$10.52 €9.05

$12.57 COP 39.3K

-16.31%

Local Beer (0.5 liter bottle)

$2.22 €1.91

$1.49 COP 4,671

48.99%

Imported Beer (0.33 liter bottle)

$2.48 €2.13

$3.08 COP 9,625

-19.48%

One-way Ticket (Public Transport)

$1.08 COP 3,380

Public Transport Monthly Pass (Regular Price)

$63.5 COP 198.5K

Taxi Start (Normal Tariff)

$3.63 €3.13

$1.34 COP 4,194

170.90%

Taxi (Normal Tariff) (1km)

$1.03 €0.88

$0.39 COP 1,235

164.10%

Taxi 1hour Waiting (Normal Tariff)

$27.93 €24.05

$2.19 COP 6,845

1175.34%

Gasoline (1 liter)

$2.00 €1.72

$1.31 COP 4,098

52.67%

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

$28.7K €24.7K

$20.9K COP 65.2M

37.73%

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

$31.1K €26.8K

$35.4K COP 110.8M

-12.08%

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

$317 €273

$41.16 COP 128.8K

670.89%

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

$18.62 €16.03

$9.65 COP 30.2K

92.95%

Internet (50+ Mbps, Unlimited Data)

$34.96 €30.09

$14.02 COP 43.9K

149.36%

Gym Membership (Monthly)

$57.5 €49.50

$27.42 COP 85.8K

109.74%

Tennis Court (1 Hour on Weekend)

$23.67 €20.38

Cinema Ticket

$8.26 €7.11

$4.73 COP 14.8K

74.63%

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

$449 €386

$481 COP 1.5M

-6.71%

International Primary School, 1 Child (Yearly)

$12.2K €10.5K

$6,588 COP 20.6M

85.27%

Jeans (Levis 501 Or Similar)

$113 €97.5

$25.63 COP 80.2K

341.90%

Summer Dress (H&M, Zara, etc)

$50.6 €43.57

$50.3 COP 157.3K

0.64%

Sport Shoes (Adidas, Nike)

$110 €95.0

$79.6 COP 249.1K

38.62%

Men's Leather Business Shoes

$123 €106

$113 COP 354.3K

8.98%

1-bedroom Apartment, City Center (Monthly)

$685 COP 2.1M

1-bedroom Apartment, Outside City Center (Monthly)

$481 COP 1.5M

3-bedroom Apartment, City Center (Monthly)

$1,017 COP 3.2M

3-bedroom Apartment, Outside City Center (Monthly)

$949 COP 3.0M

Buy Apartment in City Center (m2)

$1,966 COP 6.2M

Buy Apartment Outside City Center (m2)

$1,647 COP 5.2M

Average Monthly Net Salary (After Tax)

$1,293 €1,113

$645 COP 2.0M

100.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.93

12.81

-69.32%

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

Last update for Rakvere: August 31, 2026

Last update for Ibague: September 1, 2026

Cost Breakdown

Rakvere pays 101% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $67.0 in Rakvere vs $42.00 in Ibague for a mid-range dinner for two. Groceries echo the gap at $236 vs $230 per month, with Ibague cheaper across the board.

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

Rakvere vs Ibague: Cost of Living - Frequently Asked Questions

Rakvere is cheaper overall, especially in Getting Around. The 1% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 101% higher in Rakvere, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Shoppers in Ibague pay roughly 3% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,103 per month in Rakvere versus $1,109 in Ibague – a 1% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,103 in Rakvere versus $1,109 in Ibague, a $2,000 budget is realistic in Rakvere but tight or insufficient in Ibague. The gap between the two cities makes Rakvere the clear choice for anyone on this budget.

For families, Rakvere is more practical. Housing and childcare are both notably cheaper than in Ibague, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Rakvere and Ibague are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Rakvere gentler on the wallet – expenses run 1% less than in Ibague. Beyond cost, consider language, visa policies, and how big the international community is in each city.