Comparing Mexico City, Mexico and Bogota, Colombia: a moderate single-person monthly budget is approximately $1,651 in Mexico City versus $1,035 in Bogota. Bogota is roughly 37% cheaper overall. Central 1-bed rent: $1,001/mo (Mexico City) vs $515/mo (Bogota). The totals use the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Key facts
▸Moderate budget: $1,651/mo in Mexico Citysingle person — city-centre rent + modeled non-housing categories.
▸Moderate budget: $1,035/mo in Bogotasingle person — like-for-like city-centre basket.
▸Central 1-bed rent$1,001/mo in Mexico City · $515/mo in Bogota.
▸Cheaper overall: Bogota~37% cheaper than Mexico City.
▸SourceWorld Bank ICP + national statistics + item-level price snapshots · CC BY 4.0.
Monthly Budget Comparison
Lifestyle
🇲🇽 Mexico City
🇨🇴 Bogota
Difference
Budget
$1,150/mo
$700/mo
-39%
Moderate
$1,651/mo
$1,035/mo
-37%
Comfortable
$2,500/mo
$1,550/mo
-38%
The Moderate row equals the category table below: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending. Budget and Comfortable scale that same basket.
Cost Breakdown by Category
Category
🇲🇽 Mexico City
🇨🇴 Bogota
Diff
Housing (1-bed, center)
$1,001/mo
$515/mo
-49%
Groceries & Food
$200/mo
$160/mo
-20%
Dining Out
$100/mo
$80/mo
-20%
Transport
$100/mo
$80/mo
-20%
Utilities & Internet
$100/mo
$80/mo
-20%
Healthcare
$80/mo
$64/mo
-20%
Leisure & Personal
$70/mo
$56/mo
-20%
Category sum = Moderate budget. Basis: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Housing (1-bed, center)
Mexico City
$1,001
Bogota
$515
Groceries & Food
Mexico City
$200
Bogota
$160
Dining Out
Mexico City
$100
Bogota
$80
Transport
Mexico City
$100
Bogota
$80
Utilities & Internet
Mexico City
$100
Bogota
$80
Healthcare
Mexico City
$80
Bogota
$64
Leisure & Personal
Mexico City
$70
Bogota
$56
Detailed Price Comparison
Sources: INEGI (Mexico), World Bank / DANE (Colombia), World Bank. Updated Jan 2026.
Bogota is approximately 37% cheaper than Mexico City overall.
How much does it cost to live in Mexico City per month?
A moderate monthly budget for a single person in Mexico City is approximately $1,651 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
How much does it cost to live in Bogota per month?
A moderate monthly budget for a single person in Bogota is approximately $1,035 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
What is the rent difference between Mexico City and Bogota?
A 1-bedroom apartment in the city center costs around $1,001/month in Mexico City and $515/month in Bogota.