Expat Exchange
Free MembershipSign In

Colombia Forum

4 years ago

I am now a millionnaire

4 years ago
Many newcomers to this forum ask about the cost of living in Colombia and I try to provide some input to this matter by stating what I pay as an example. Whether or not I am a representative example is another matter as the following utility costs are for our 3 bedroom house in Poblado, Medellin and three occupents, plus occasional pets , garden, etc.

The following costs were billed by EPM Medellin and TIGO (Une) for the 32 day period 21/06/2019 to 23/07/2019:

COP 93,162 for Acueducto – Including Contribucion rate @ 60%
COP 78,956 for Alcantarillado – Contribucion rate 60%
COP 526,109 for Energia (Electricity) – Contribucion rate 20%
COP 16,778 for Gas – Contribucion rate 20%
COP 58,886 for Emvarias – Contribucion rate 99%
COP 773,891 Total EPM Invoice

COP 52,937 for Telefonia
COP 125,878 for Television
COP 66,527 for Internet
COP 245,342 Total TIGO Invoice

COP 1,019,233 for combined utilities.

This is the first time our combined bill has exceeded a million, but it has been coming rapidly recently. In particular, our bill has been hit hard by the extra fans/AC we put in over the last couple of months to cope with the present heat wave. We also have perhaps more than the average electronic equipment.

A few more statistics:

Our combined utility costs when we arrived in Jan 2003 was COP 411,000 (Now COP 1,019,233)
The cost sector that has increased the most is Energia which cost COP 103,000 in Jan 2003 and now costs COP 543,000.

Of course, this is Colombia, not the US, or Europe – but newcomers need to know their living costs are probably going to increase faster here, than where they came from.

Colombian Visa Services
Colombian Visa Services

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Living in Colombia GuideLiving in Colombia Guide

Expats in Colombia discuss the pros and cons of living in Colombia. From the Colombian people to driving to taxes and more. As challenging as it can be, expats in Colombia clearly find that there is a lot to love about a country that is a surprising expat hot spot.

Colombia Forum Colombia Forum
Join our Colombia forum to meet other expats and talk about living in Colombia.

Contribute to Colombia Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Colombia.

Best Places to Live in Colombia Best Places to Live in Colombia

If you're considering a move to Colombia, here are the 15 Best Places to Live in Colombia in 2023.

Healthcare in ColombiaHealthcare in Colombia

Our guide to healthcare in Colombia covers public and private healthcare in Colombia, hospitals, vaccinations, prescription medications and more.

Cost of Living in ColombiaCost of Living in Colombia

Expats offer insight into the cost of living in Colombia.

Moving to ColombiaMoving to Colombia Guide

With its bustling cities, beautiful beaches and friendly Colombians, Colombia is an increasingly popular destination for expats of all ages. Expats in Colombia offer insightful tips for those moving to Colombia.

Real Estate in ColombiaReal Estate in Colombia

Real estate listings in popular cities and towns in Colombia.

Pros Cons of Living in ColombiaPros & Cons of Living in Colombia

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Colombia.

Retiring in ColombiaRetiring in Colombia

Advice for people retiring in Colombia.

10 Tips for Living in Colombia10 Tips for Living in Colombia

If you've recently arrived in Colombia, here are 10 tips for digital nomads living in Colombia.

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Colombia Network Contribute
Help others in Colombia by answering questions about the challenges and adventures of living in Colombia.

Colombian Visa Services
Colombian Visa Services

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal