What is the average cost of housing in Colombia?
If you are thinking about moving to Colombia, cost of living in probably a key consideration. Expats commented about the cost of housing...
"I lived in Roldanillo in the north of the Valle del Cauca for a year in a secure conjunto. The house was less than 5 years old, with 2 stories, 2 bedrooms, a study, and a bathroom upstairs; Kitchen, dining/living room, half-bath, and laundry area, downstairs. In front was a parking space, partly covered, for one car. The conjunto has 24/7 security, a swimming pool, hot tub, and playground, and is located just outside of the edge of town, about a kilometer from the city center. So, the cost was 500,000 per month, including the administration fee. At today's exchange rate of 4562.8 pesos per dollar, the cost is US$109.58. And, Roldanillo is a very nice little town of around 35,000 and had been mentioned in the news some years back as being one of the safest towns in Colombia. If I decide to return to and live in Colombia the only place I would live is in Rolda (I lived in eight different towns/cities in 9+ years in Colombia)," commented one expat who made the move to Colombia.
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"The average cost of housing in Colombia generally varies in price depending on the location and size of the property. Generally, prices for housing in the major cities such as Bogota, Medellin, and Cali tend to be higher than in smaller cities and rural areas. On average, a studio apartment in a major city can range in cost from approximately US$150 to US$500 per month," remarked another expat in Colombia.
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What is the average cost of housing in Colombia?
If you live in Colombia, newcomers to Colombia would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.