Cost of Living

Colombia

Live cost-of-living data across 2 cities in Colombia — average cost index 15/100 (New York = 100), ranging from 14 to 16. Sourced by AI, refreshed regularly.

15/100
Avg cost index
Bogota
Cheapest
2
Cities tracked
Yes
Nomad visa
Digital Nomad Visa
Visa V - Nómadas Digitales
Stay up to 2 years · application ~$177 · see all visa countries

Cost of living by city in Colombia

Ranked cheapest first. Cost index anchored to New York = 100.

Bogota14Medellin16

Frequently asked questions

Is Colombia cheap to live in?

Across 2 cities in Colombia, the average cost-of-living index is 15 (New York = 100) — from 14 in Bogota to 16 in Medellin. It's meaningfully cheaper than the US and Western Europe.

What is the cheapest city in Colombia?

Bogota is the most affordable city we track in Colombia, with a cost-of-living index of 14 (New York = 100) and a 1-bedroom city-center rent around $550/month.

Does Colombia have a digital nomad visa?

Yes. Colombia offers the Visa V - Nómadas Digitales, allowing stays of up to 2 years, with an application cost around $177. Always confirm current requirements with the official immigration portal.

How much does it cost to live in Colombia per month?

A single person can live comfortably in the cheaper cities of Colombia for roughly $280–$392/month. Costs scale up toward Medellin. See the full city-by-city breakdown above.

Compare Bogota with anywhere

Dig into any Colombia city, or see where your salary stretches furthest worldwide.