Cost of living in Madrid (Spain) is 73% more expensive than in Bogotá (Colombia)
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This comparison is based on abundant and consistent data. It is based on 5,514 prices entered by 623 different people.
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Currency:
| Food | + 63% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 63% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €18 (COL$84,255) | COL$36,913 | + 128% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (COL$40,830) | COL$26,196 | + 56% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.04 (COL$18,810) | COL$10,743 | + 75% | |
| 1 liter (1 qt.) of whole fat milk | €1.06 (COL$4,950) | COL$4,582 | + 8% | |
| 12 eggs, large | €3.06 (COL$14,249) | COL$8,921 | + 60% | |
| 1 kg (2 lb.) of tomatoes | €2.19 (COL$10,186) | COL$4,355 | + 134% | |
| 500 gr (16 oz.) of local cheese | €7 (COL$31,810) | COL$12,974 | + 145% | |
| 1 kg (2 lb.) of apples | €2.07 (COL$9,627) | COL$9,712 | - 1% | |
| 1 kg (2 lb.) of potatoes | €1.19 (COL$5,569) | COL$3,575 | + 56% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.08 (COL$5,017) | COL$3,684 | + 36% | |
| 1 bottle of red table wine, good quality | €7 (COL$31,413) | COL$54,072 | - 42% | |
| 2 liters of coca-cola | €2.05 (COL$9,535) | COL$5,893 | + 62% | |
| Bread for 2 people for 1 day | €0.82 (COL$3,814) | COL$2,984 | + 28% | |
| Housing | + 106% | |||
| Housing in Madrid (Spain) is 106% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,500 (COL$6,993,921) | COL$3,717,090 | + 88% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,007 (COL$4,693,596) | COL$1,949,910 | + 141% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €143 (COL$666,283) | COL$305,019 | + 118% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,051 (COL$4,897,390) | COL$2,419,530 | + 102% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €728 (COL$3,392,924) | COL$1,238,400 | + 174% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €110 (COL$510,995) | COL$198,042 | + 158% | |
| Internet 8 mbps (1 month) | €28 (COL$130,749) | COL$69,549 | + 88% | |
| 40” flat screen tv | €344 (COL$1,602,391) | COL$1,586,190 | + 1% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €81 (COL$376,175) | COL$489,242 | - 23% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (COL$33,096) | COL$25,491 | + 30% | |
| Hourly rate for cleaning help | €12 (COL$54,207) | COL$13,801 | + 293% | |
| Clothes | + 18% | |||
| Clothes in Madrid (Spain) is 18% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €81 (COL$378,980) | COL$207,481 | + 83% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (COL$142,963) | COL$151,465 | - 6% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €74 (COL$346,889) | COL$370,595 | - 6% | |
| 1 pair of men’s leather business shoes | €98 (COL$454,957) | COL$287,977 | + 58% | |
| Transportation | + 63% | |||
| Transportation in Madrid (Spain) is 63% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,240 (COL$112,992,737) | COL$75,096,000 | + 50% | |
| 1 liter (1/4 gallon) of gas | €1.79 (COL$8,339) | COL$3,542 | + 135% | |
| Monthly ticket public transport | €44 (COL$206,637) | COL$153,159 | + 35% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €20 (COL$93,701) | COL$19,950 | + 370% | |
| Personal Care | + 56% | |||
| Personal Care in Madrid (Spain) is 56% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 (COL$30,178) | COL$14,898 | + 103% | |
| 1 box of antibiotics (12 doses) | €12 (COL$56,690) | COL$29,473 | + 92% | |
| Short visit to private doctor (15 minutes) | €56 (COL$259,141) | COL$87,550 | + 196% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.88 (COL$18,083) | COL$21,231 | - 15% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.72 (COL$12,676) | COL$13,497 | - 6% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.83 (COL$17,833) | COL$20,624 | - 14% | |
| 4 rolls of toilet paper | €2.23 (COL$10,375) | COL$7,619 | + 36% | |
| Tube of toothpaste | €2.24 (COL$10,452) | COL$6,427 | + 63% | |
| Standard men's haircut in expat area of the city | €20 (COL$93,295) | COL$33,463 | + 179% | |
| Entertainment | + 89% | |||
| Entertainment in Madrid (Spain) is 89% more expensive than in Bogotá (Colombia) | ||||
| Update prices | Update prices | |||
| Madrid | Bogotá | Diff | ||
| Basic dinner out for two in neighborhood pub | €37 (COL$171,699) | COL$48,088 | + 257% | |
| 2 tickets to the movies | €18 (COL$82,420) | COL$32,484 | + 154% | |
| 2 tickets to the theater (best available seats) | €57 (COL$266,027) | COL$135,402 | + 96% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €50 (COL$235,293) | COL$130,349 | + 81% | |
| 1 cocktail drink in downtown club | €12 (COL$57,864) | COL$34,264 | + 69% | |
| Cappuccino in expat area of the city | €2.82 (COL$13,129) | COL$10,672 | + 23% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.28 (COL$19,960) | COL$4,464 | + 347% | |
| Ipad wi-fi 128gb | €595 (COL$2,774,900) | COL$3,083,510 | - 10% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.12 (COL$580) | COL$216 | + 168% | |
| 1 month of gym membership in business district | €54 (COL$252,607) | COL$126,833 | + 99% | |
| 1 package of marlboro cigarettes | €5.17 (COL$24,097) | COL$7,886 | + 206% | |
 |
TOTAL | + 73% | ||
These prices were last updated on June 03, 2023.
Exchange rate:
4661.340
COP
/
EUR
This comparison is based on abundant and consistent data. It is based on 5,514 prices entered by 623 different people.
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