Cost of living comparison

Spain

compared to

Colombia

Bogota vs. Madrid Cost of Living Summary

Bogota is 35.1% cheaper than Madrid.

Restaurants: pay 45.1% less in Bogota
Groceries: pay 16.8% less in Bogota
Transportation: pay 13.5% less in Bogota
Housing: pay 51.9% less in Bogota
Childcare: pay 43.6% less in Bogota
Entertainment and Sports: pay 33.9% less in Bogota
Clothing: pay 6.1% more in Bogota

Expenses including housing, restaurants, childcare, entertainment and sports, groceries, and transportation are lower in Bogota.

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Bogota vs. Madrid Cost Breakdown

If you lived in Bogota instead of Madrid, you would:

Display currency: USD

pay 45.1% less for restaurants

	Madrid	Bogota
Basic meal with drink at inexpensive restaurant	$17.92 €16.00	$7.72 COP24,429.38	-56.9%
Fast food combo meal McDonalds, or similar	$11.20 €10.00	$10.19 COP32,246.79	-9.0%
Bottle of Coca-Cola (11 fl. oz)	$3.30 €2.95	$1.34 COP4,254.91	-59.3%
Bottle of water (11 fl. oz)	$2.30 €2.05	$0.87 COP2,746.60	-62.3%
Average			-45.1%

Madrid vs. Bogota - Cost of restaurants

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pay 16.8% less for groceries

	Madrid	Bogota
Bread 1 loaf	$1.57 €1.40	$2.42 COP7,666.90	+54.7%
Local cheese (8 oz)	$8.35 €7.46	$3.93 COP12,422.98	-53.0%
Milk (1 gallon)	$5.25 €4.69	$6.14 COP19,419.81	+16.9%
Eggs 1 dozen	$4.15 €3.70	$3.39 COP10,734.27	-18.2%
Boneless chicken breast (1 lb)	$4.23 €3.77	$3.30 COP10,455.10	-21.8%
Apples (1 lb)	$1.17 €1.05	$1.56 COP4,945.64	+33.4%
Bananas (1 lb)	$0.96 €0.86	$0.81 COP2,547.89	-16.1%
Oranges (1 lb)	$1.15 €1.03	$0.87 COP2,767.03	-23.9%
Tomatoes (1 lb)	$1.16 €1.03	$0.79 COP2,492.18	-32.0%
Potatoes (1 lb)	$1.00 €0.89	$0.65 COP2,060.02	-34.7%
Onions (1 lb)	$0.97 €0.87	$0.63 COP1,979.10	-35.4%
Average			-16.8%

Madrid vs. Bogota - Cost of groceries

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pay 13.5% less for transportation

	Madrid	Bogota
Gasoline (1 gallon)	$6.88 €6.14	$4.90 COP15,504.16	-28.7%
Monthly public transit pass	$36.95 €32.99	$49.41 COP156K	+33.7%
New Volkswagen Golf 1.4 (standard edition)	$35,271.67 €31,493.97	$23,161.08 COP73M	-34.3%
Taxi trip in downtown area (5 miles)	$15.84 €14.15	$20.84 COP65,959.33	+31.6%
Average			-13.5%

Madrid vs. Bogota - Cost of transportation

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pay 51.9% less for housing

	Madrid	Bogota
Internet connection 50 mbps or faster, cable/dsl	$34.86 €31.13	$29.75 COP94,134.56	-14.7%
1-Bedroom apartment in downtown area	$1,491.38 €1,331.65	$779.14 COP2M	-47.8%
1-Bedroom apartment outside city center	$1,193.86 €1,066.00	$440.22 COP1M	-63.1%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$144.11 €128.67	$93.36 COP295K	-35.2%
Average			-51.9%

Madrid vs. Bogota - Cost of housing

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pay 43.6% less for childcare

	Madrid	Bogota
Private preschool for 1 child, monthly	$668.48 €596.89	$463.22 COP1M	-30.7%
Middle school for 1 child, two semesters	$17,859.91 €15,947.06	$8,195.93 COP26M	-54.1%
Average			-43.6%

Madrid vs. Bogota - Cost of childcare

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pay 33.9% less for entertainment and sports

	Madrid	Bogota
Domestic/local beer (1 pint)	$3.92 €3.50	$2.01 COP6,351.64	-48.8%
Cappuccino in mid-range area	$3.07 €2.74	$2.52 COP7,968.72	-18.1%
Pack of cigarettes Marlboro or similar	$6.72 €6.00	$4.32 COP13,680.45	-35.6%
Monthly membership at local gym	$50.67 €45.24	$33.42 COP106K	-34.0%
Movie ticket to theater/cinema	$11.20 €10.00	$7.72 COP24,429.38	-31.1%
Average			-33.9%

Madrid vs. Bogota - Cost of entertainment and sports

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pay 6.1% more for clothing

	Madrid	Bogota
Regular jeans Levi's brand	$86.50 €77.24	$82.94 COP262K	-4.1%
Regular dress from H&M or similar store	$42.98 €38.38	$47.35 COP150K	+10.2%
Running shoes Nike or Adidas	$108.99 €97.31	$141.13 COP447K	+29.5%
Men's business shoes (leather)	$112.77 €100.70	$104.65 COP331K	-7.2%
Average			+6.1%

Madrid vs. Bogota - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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Madrid is about 2 times bigger than Bogota.

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