The Best Cities to Live in Colombia: A Ranking Based on Cost of Living and Quality of Life

2023-09-30 22:11:26

The cost of living is one of the factors to consider when deciding to change residence, or if it is already certain that you will move to another city, Being clear about the values ​​of aspects such as rent and transportation will be essential to creating a budget.

For this reason, the LivingCost.org portal, which records the cost of living in cities around the world, made a ranking of the best places to live in Colombia.

This, established according to the cost of rent, public services, food, transportation, minimum wage after taxes, GDP per capita; in addition to other factors related to quality of life such as the human freedom index, life expectancy, population, homicide rate, mortality from road traffic injuries and corruption perception index.

“The cost of living in Colombia is US$646, which is US$1.58 times less expensive than the world average. Colombia ranked 141st out of 197 countries for cost of living, and the 130th best country to live in. The average salary after taxes in Colombia is US$353, which is enough to cover living expenses for 0.5 months,” the portal noted.

These data that LivingCost.org points out correspond to a person, if you look at The cost of living for a family of four goes from US$646, which is the individual amount, to US$1,590.

The rent and utilities for one person is US$278, while for four it is $481; food for one is US$216, for the family it is US$571; and transportation goes from US$85.6 to US$231.

Having clear the national average, in particular, they are the main cities that achieved the best score in livability according to the aforementioned factors.

LR Chart

Which places Bogotá, Medellín, Cali, Barranquilla and Pereira as the best cities to live making a balance between cost and quality of life.

Bogotá, with an average cost of living of US$787, had a livability score of 62. Then there is Medellín with a score of 56 and cost of living for US$748. In third place, the capital of the Valley with 54 habitability and US$620 cost of living.

Next is Barranquilla, achieving 41 habitability, although its cost of living is the second highest, which can be explained by the impact of the cost of public services on measurement, since energy charging is having a greater impact on the pockets of the inhabitants of the Caribbean region compared to other areas of the country.

And to close the top five, there is Pereira that achieves 51 habitability and an average cost of living of US$514.

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