Planning a monthly budget
Start with the monthly total, then look at the expenses that shape it.
How the total can change
A traveler style stay, a couple household, and long term rent answer different planning questions.
- Typical 1BR Rent
- $100/mo
Everyday expenses
Dining, transportation, taxes, and car needs can change how the monthly budget feels.
- Utilities
- $48/mo
- Groceries
- $39/mo
- Dining Out
- $3/meal
- Local Transit Cost
- COP 3,500 per MIO trip
- Property Taxes
- Statutory framework: 0.1%–1.6%/yr of assessed value
- National Consumer Price Inflation
- 5.1% (2025)
Sources
The budget value gives a starting point for everyday spending. Housing, healthcare, safety, and climate can change what feels comfortable for a household.
Housing mix, exchange rates, healthcare needs, car ownership, and travel style can move a real monthly budget materially.
- Departamento Administrativo Nacional de Estadística (DANE)
Used for Typical 1BR Rent
- Departamento Administrativo Nacional de Estadística (DANE)
Used for Utilities
- Departamento Administrativo Nacional de Estadística (DANE)
Used for Groceries, Dining Out
- Metro Cali S.A.
Used for Local Transit Cost
Checked 2026-07-21
- Colombia, Law 1450 of 2011 article 23 (official legal information)
Used for Property Taxes
- World Bank, World Development Indicators
Used for National Consumer-Price Inflation
Checked 2026-07-18
Not yet available for this place: Comfortable Living, Cost of Living for Couple, Minimum Needed, Need for a Car, Overall Feel.
Partnerships never affect rankings, scores, methodology, or inclusion.
Partner with Retirement Lists