Cheapest Cities Near Bogotá (2026)

Bogotá has a cost of living index of 39 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH22% cheaper
COL: 301BR: $350/moSave $200/mo on rent
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2
Buenos Aires, AR22% cheaper
COL: 301BR: $400/moSave $150/mo on rent
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3
Oaxaca, MX17% cheaper
COL: 321BR: $400/moSave $150/mo on rent
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4
Da Nang, VN13% cheaper
COL: 341BR: $350/moSave $200/mo on rent
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5
Medellín, CO9% cheaper
COL: 351BR: $500/moSave $50/mo on rent
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6
Marrakech, MA9% cheaper
COL: 351BR: $430/moSave $120/mo on rent
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7
Hanoi, VN4% cheaper
COL: 371BR: $450/moSave $100/mo on rent
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8
Cebu City, PH4% cheaper
COL: 371BR: $400/moSave $150/mo on rent
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Bogotá at a glance

39
COL index
100 = US avg
$550
1BR rent
per month
—
Home price
median
None
State tax
income

Cities with similar cost of living

Chiang Mai, THCOL: 39Ho Chi Minh City, VNCOL: 38Nairobi, KECOL: 38Guadalajara, MXCOL: 38

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only