Comparison

Quito vs Bogotá: cost of living compared

On an average lifestyle in a 1-bed apartment, Bogotá costs 27% more than Quito: $1,255 against $985 a month, a difference of $270.

Data period: Q1–Q2 2026Status: modeled estimate

Category by category

One person, 1-bed apartment, average lifestyle.

Costs by category
CategoryQuitoBogotáDifference
Rent$480$620+$140
Groceries$190$230+$40
Transport$40$50+$10
Utilities$55$65+$10
Internet$30$30—
Coworking$100$130+$30
Entertainment$90$130+$40
Total per month$985$1,255+$270

The category that separates the two cities most is rent: $480 in Quito and $620 in Bogotá, which is $140 of the $270 gap. Quito has an equal or lower estimate in every category.

Other households and lifestyles

Monthly total by scenario
ScenarioQuitoBogotáDifference
Frugal · Room$440$580+$140
Frugal · 1-bed apartment$685$870+$185
Average · 1-bed apartment$985$1,255+$270
Comfortable · 1-bed apartment$1,385$1,765+$380
Average · Family apartment$1,405$1,780+$375
Comfortable · Family apartment$1,925$2,460+$535

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Currency and exchange rates

Ecuador uses the US dollar, so there is no exchange-rate risk for people earning in dollars.

Colombia uses the Colombian peso; figures are converted to dollars at the exchange rate of the data period.

A lower cost is not the same as a better fit. These figures do not measure housing quality, climate, safety or work opportunities.

FAQ

Is it cheaper to live in Quito or Bogotá?
In our data, Quito has the lower estimated total in the main scenario: $985 against $1,255 a month. Cost is not the whole decision: climate, visas, work and neighborhood matter too.
How much is rent in Quito and Bogotá?
A 1-bed apartment is estimated at $350 to $680 in Quito, and $460 to $880 in Bogotá, depending on lifestyle.

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