Cost of living comparison

compared to

Bogota vs. Monterrey Cost of Living Summary

Bogota is 15.0% cheaper than Monterrey.

Restaurants
pay 28.4% less in Bogota
Groceries
pay 18.6% less in Bogota
Transportation
pay 14.1% more in Bogota
Housing
pay 23.1% less in Bogota
Childcare
pay 31.5% less in Bogota
Entertainment and Sports
pay 2.7% less in Bogota
Clothing
pay 8.0% more in Bogota

The cost of transportation and clothing in Bogota are more expensive than in Monterrey. Expenses including childcare, restaurants, housing, groceries, and entertainment and sports are lower in Bogota.

Bogota vs. Monterrey Cost Breakdown

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

pay 28.4% less for restaurants

 
Monterrey
Bogota
Basic meal with drink at inexpensive restaurant $13.91
MX$259.02
$7.72
COP24,985.84
Fast food combo meal
McDonalds, or similar
$11.13
MX$207.21
$10.19
COP32,981.31
Bottle of Coca-Cola (11 fl. oz) $1.68
MX$31.21
$1.34
COP4,351.83

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pay 18.6% less for groceries

 
Monterrey
Bogota
Bread
1 loaf
$2.95
MX$55.01
$2.42
COP7,841.54
Local cheese (8 oz) $6.13
MX$114.24
$3.93
COP12,705.95
Milk (1 gallon) $7.20
MX$134.13
$6.14
COP19,862.16

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pay 14.1% more for transportation

 
Monterrey
Bogota
Gasoline (1 gallon) $5.91
MX$110.13
$4.90
COP15,857.32
Monthly public transit pass $32.04
MX$596.77
$49.41
COP160K
New Volkswagen Golf 1.4 (standard edition) $21,528.95
MX$401K
$23,161.08
COP75M

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pay 23.1% less for housing

 
Monterrey
Bogota
Internet connection
50 mbps or faster, cable/dsl
$26.79
MX$498.92
$29.75
COP96,278.78
1-Bedroom apartment in downtown area $981.90
MX$18,286.47
$779.14
COP3M
1-Bedroom apartment outside city center $685.94
MX$12,774.63
$440.22
COP1M

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pay 31.5% less for childcare

 
Monterrey
Bogota
Private preschool for 1 child, monthly $703.26
MX$13,097.26
$463.22
COP1M
Middle school for 1 child, two semesters $11,496.80
MX$214K
$8,195.93
COP27M

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pay 2.7% less for entertainment and sports

 
Monterrey
Bogota
Domestic/local beer (1 pint) $2.36
MX$44.03
$2.01
COP6,496.32
Cappuccino in mid-range area $4.04
MX$75.21
$2.52
COP8,150.23
Pack of cigarettes
Marlboro or similar
$4.90
MX$91.17
$4.32
COP13,992.07

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pay 8.0% more for clothing

 
Monterrey
Bogota
Regular jeans
Levi's brand
$73.56
MX$1,369.90
$82.94
COP268K
Regular dress
from H&M or similar store
$42.76
MX$796.34
$47.35
COP153K
Running shoes
Nike or Adidas
$112.51
MX$2,095.27
$141.13
COP457K

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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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