Cost of living comparison
Bogota is 49.9% cheaper than Iceland.
If you lived in Bogota instead of Iceland, you would:
pay 73.2% less for restaurants
Iceland
|
Bogota
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,489
|
$3.30
COP12,815.88
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,991
|
$5.50
COP21,359.80
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK323
|
$0.64
COP2,468.88
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.49
COP1,898.41
|
|
pay 54.5% less for groceries
Iceland
|
Bogota
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$1.12
COP4,360.60
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$2.42
COP9,424.21
|
|
Milk (1 gallon) |
$5.33
ISK743
|
$3.66
COP14,213.26
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$1.75
COP6,809.53
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK990
|
$1.79
COP6,965.09
|
|
Apples (1 lb) |
$1.16
ISK162
|
$0.97
COP3,778.58
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.38
COP1,457.49
|
|
Oranges (1 lb) |
$1.17
ISK163
|
$0.48
COP1,873.55
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$0.50
COP1,960.63
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.40
COP1,551.99
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.36
COP1,391.99
|
|
pay 59.4% less for transportation
Iceland
|
Bogota
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,121
|
$2.09
COP8,128.81
|
|
Monthly public transit pass |
$77.40
ISK10,800
|
$31.00
COP120,469.26
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,163,431
|
$13,189.68
COP51,263,515.25
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,344
|
$12.53
COP48,700.34
|
|
pay 61.6% less for housing
Iceland
|
Bogota
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,708
|
$19.84
COP77,092.52
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,539
|
$340.12
COP1,321,914.55
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,628
|
$253.13
COP983,807.17
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,577
|
$53.15
COP206,557.11
|
|
pay 29.8% more for childcare
Iceland
|
Bogota
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,189
|
$189.88
COP737,991.19
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK383,749
|
$5,125.13
COP19,919,537.35
|
|
pay 75.5% less for entertainment and sports
Iceland
|
Bogota
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,189
|
$0.99
COP3,844.76
|
|
Cappuccino in mid-range area |
$4.15
ISK579
|
$1.20
COP4,676.19
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,484
|
$1.87
COP7,262.33
|
|
Monthly membership at local gym |
$56.90
ISK7,940
|
$18.64
COP72,432.33
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,713
|
$3.89
COP15,122.74
|
|
pay 54.9% less for clothing
Iceland
|
Bogota
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,476
|
$46.54
COP180,888.76
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,031
|
$29.24
COP113,650.59
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,087
|
$72.21
COP280,655.41
|
|
Men's business shoes (leather) |
$175.20
ISK24,447
|
$61.46
COP238,863.64
|
|
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