Bogota vs Reykjavik - Cost of Living Comparison

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Livingcost

Bogota Reykjavik
🚶 Cost of living one person
$868
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2128
$5968
🏠 One person rent
$387
$1781
🏘️ Family rent
$666
$2749
🍽️ Food expenses
$256
$832
🚐 Transport expenses
$146
$88.7
💳 Monthly salary after tax
$331
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
4 km
🎓 Higher education
88
53
😀 Quality of life
59
89
🏙️ Population
7.74M
140K

The cost of living in Bogota is 70% less expensive than in Reykjavik. Cities ranked 6226th and 204th ($868 vs $2915) in the list of the most expensive cities in the world and ranked 4th and 1st in Colombia and Iceland, respectively. Check Colombia vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.4 months in Bogota compared to 1.3 months in Reykjavik. Bogota ranked 1st best city to live in Colombia vs Reykjavik ranked 1st in Iceland, while ranked 5388th and 189th among best cities to live in the world.

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Cost of living in Bogota vs Reykjavik infographic

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Prices in Bogota vs Reykjavik

Prices for goods and services in Bogota and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Bogota Reykjavik
Eating Out
🍱 Lunch Menu
$5.45
$22
🥂 Dinner in a Restaurant, for 2
$23.9
$125
🥪 Fast food meal, equiv. McDonald's
$7.06
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.28
$11.1
 Cappuccino
$1.91
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.8
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$432
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$283
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$710
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$528
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$51.6
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$79.6
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$22.2
$74.1
🏦 Mortgage Interest Rate for 20 Years
13.44%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1631
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1278
$5311
Transportation
🚌 Local transport ticket
$0.71
$4.63
🎟️ Monthly ticket local transport
$39.3
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$11.1
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$0.94
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.21
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.15
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.09
$3.25
🥚 Eggs, x12
$2.17
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$5.07
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.14
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$6.85
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.48
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.11
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.25
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$1.15
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.08
$3.21
🧅 Onion, 1 kg or 2.2 lb
$1.04
$2.16
🌊 Water, 1 L or 1 qt
$0.5
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.7
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$22
🍺 Beer, 0.5 L or 16 fl oz
$1
$3.27
🚬 Cigarette pack
$2.32
$12.2
💊 Cold medicince, 1 week
$5.93
$11.6
🧴 Hair Shampoo
$4.38
$5.36
🧻 Toilet paper, 4 rolls
$2
$4.68
👄 Toothpaste, 1 tube
$1.54
$3.32
Other
🏋️ Gym Membership, 1 month
$24.4
$71.8
🎫 Cinema Ticket, 1 person
$4.52
$15.1
👩‍⚕️ Doctor's visit
$32.3
$84.7
💇 Haircut, simple
$7.97
$47.4
👖 Brand Jeans
$51.8
$112
👟 Brand Sneakers
$86.3
$155
👶 Daycare or Preschool, 1 month
$224
$254
🏫 International Primary School, 1 year
$7593
$6167

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Cost of Living in the nearest cities

Cities near Bogota

Distance City Cost of living
16 km or 10 mi Soacha
$748
39 km or 24 mi Facatativa
$641
46 km or 29 mi Zipaquira
$681
72 km or 44 mi Villavicencio
$475
88 km or 55 mi Girardot
$483
127 km or 79 mi Ibague
$501
130 km or 81 mi Tunja
$526
165 km or 102 mi Manizales
$653
166 km or 103 mi Salento
$562
176 km or 109 mi Sogamoso
$523
177 km or 110 mi Duitama
$851
178 km or 110 mi Armenia
$541
181 km or 113 mi Pereira
$641
202 km or 126 mi Yopal
$687
205 km or 127 mi Cartago
$619
231 km or 144 mi Neiva
$520
241 km or 150 mi Envigado
$871
243 km or 151 mi Tulua
$477
246 km or 153 mi Medellin
$873
252 km or 157 mi Bello
$789
274 km or 170 mi Barrancabermeja
$573
274 km or 170 mi Palmira
$652
294 km or 182 mi Floridablanca
$584
298 km or 185 mi Bucaramanga
$642
301 km or 187 mi Cali
$733
311 km or 193 mi Quibdo
$661
338 km or 210 mi Buenaventura
$718
371 km or 230 mi Popayan
$462
375 km or 233 mi Florencia
$398
392 km or 244 mi Rubio
$598
399 km or 248 mi San Antonio del Tachira
$601
405 km or 252 mi Cucuta
$552
405 km or 252 mi San Cristobal
$592
411 km or 255 mi Tariba
$598
412 km or 256 mi Ocana
$590
454 km or 282 mi La Grita
$617
458 km or 285 mi Arauca
$595
472 km or 293 mi Guasdualito
$667
486 km or 302 mi Turbo
$634
503 km or 312 mi Monteria
$620

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161