Bogota vs Madrid

Cost of living comparison for 2026. Bogota is roughly 41% more affordable than Madrid (index 22 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Bogota
More affordable overall
41% cheaper than Madrid · Cost index: 22 vs 38

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

22Cost Index38
488Median Income /mo2,200
55Safety Index71
15Income Tax %22
100Internet (Mbps)271
250Coworking /mo200

Price Breakdown

BogotaCategoryMadrid
$520/month
1-BR Apartment (Center)
57% cheaper →
$1,200/month
$0.85/liter
Meal for One
23% cheaper →
$1.1/liter
$6/meal
Restaurant (Mid-range)
50% cheaper →
$12/meal
$40/month
Monthly Transit Pass
17% cheaper →
$48/month
$85/month
Utilities (Monthly)
39% cheaper →
$140/month
$45/visit
Doctor Visit
25% cheaper →
$60/visit

Digital Nomad Profile

Bogota

Internet100 Mbps
Coworking$250/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability65/100

Madrid

Internet271 Mbps
Coworking$200/mo
Café WiFigood
Englishmoderate
Communitygrowing
Walkability75/100

Frequently Asked Questions

Is Bogota cheaper than Madrid?

Bogota is cheaper than Madrid. Bogota has a cost of living index of 22/100 compared to 38/100 for Madrid (New York = 100), making it roughly 41% more affordable overall.

How much cheaper is Bogota than Madrid?

Bogota is approximately 41% cheaper than Madrid based on cost index scores (22 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $1,765/month in Bogota.

What is the rent comparison between Bogota and Madrid?

In Bogota, a 1-bedroom apartment in the city center costs approximately $520/month. In Madrid, the equivalent is around $1,200/month.

Which city is better for digital nomads — Bogota or Madrid?

Both cities have nomad infrastructure. Bogota offers 100 Mbps internet and coworking at ~$250/month. Madrid offers 271 Mbps and coworking at ~$200/month. Bogota has a cost advantage of 41%.

What is the average income in Bogota vs Madrid?

The median net monthly salary in Bogota is approximately $488 USD, compared to $2,200 USD in Madrid.

Compare Bogota with…

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