💰

Money and budgeting

💡
The currency of Colombia is the 'Peso.' However, even though many countries in Latin America also use the peso, it is not the same. Therefore, if you want to use a currency converter app, it is best to specify the Colombian peso.

Colombian peso = COP

Most common currencies 💲

Keep in mind that this information can change over time, so we recommend double-checking before traveling.

Budget

This section depends of what kind of trip you want to do. We have an Itinerary section where we suggest the budget, but here also you can find general options.

For example:

  • Maria and Jeremy live with <2500$ per month in Colombia
  • Victor (shared an appartement ) live with <1,500$ per month in Laureles

Cost of living in dollars 💲

Name
Our Cost of Living in Colombia
Medellín
Bogotá
Cartagena
Santa Marta
$1437 / month
$1104 / month
$1524 / month
$1570 / month
$2030 / month
$1549 / month
$2333 / month
$1362 / month
$1200 / month
$821 / month
$643 / month
$998 / month
$760 / month
$580 / month
$443 / month
$666 / month
$389 / month
$100 / night
$51 / night
$27 / night
$42 / night
$33 / night
$1096 / month
$566 / month
$889 / month
$709 / month
$484 / month
$337 / month
$575 / month
$224 / month
$23 / night
$20 / night
$43 / night
$30 / night
$700 / month
$618 / month
$1310 / month
$916 / month
$120 / Month
$177 / month
$198 / month
$252 / month
$370 / month
Free (with Free Mobile)
$4.71 / month
$6.41 / month
$4.42 / month
$3.52 / month
$25 per person
$4.83
$3.66
$3.49
$6.31
$1.5 per beer
$1.21
$1.16
$1.71
$0.98
$5097 / year
$5689 / year
$4327 / year
$2373 / year
$4 per ride in Average
$5.75 / trip
$5.44 / trip
$6.83 / trip
$7.69 / trip
5500 COP ( $1.5)
$0.59
$0.54
$0.57
$0.82
5500 COP ( $1.5)
$1.34
$1.34
$1.56
$1.71