Will I save money living in Bogota?

"Living in Bogota can be significantly cheaper than living in the United States. The cost of living in Bogota is much lower than in the US, with rent, groceries, and other everyday expenses costing significantly less. Additionally, the Colombian peso is much weaker than the US dollar, meaning that US dollars can go much further in Colombia. As a result, many people find that they can save money by living in Bogota compared to the United States," mentioned another expat when asked about moving to Bogota, Colombia.