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Cost of Living in Barranquilla, Colombia

People who decide to move to Colombia are attracted by the relatively low cost of living there.

And if they consider saving even more, then they should choose a city that has everything they need, but at the same time offers major benefits in terms of costs.

Considering a move to Barranquilla would allow you to have lower expenses and that would be especially good for people earning their wages at their home countries.

Restaurants

RESTAURANTS

The cost of eating out will vary greatly depending on your preferences and desires.

If you are not eager to try the best quality food in the most pricey restaurants, then Barranquilla has to offer a variety of restaurants to suit your budget with moderate prices.

Markets

MARKETS

So as to save some money on this you should avoid buying imported goods that are more expensive.

Groceries are definitely the largest expenses each month and the best way to purchase them is to visit either the large grocery store chains which offer discounts or local markets where the cost of food is reduced.

Transportation

TRANSPORTATION

Transportation via public transport system is not among the expensive monthly costs as it is less than $20, so it can be a better solution to choose the apartment out of the city center as you will save a lot on the rent, while the commuting would not be a high cost.

Utilities

UTILITIES (MONTHLY)

Housing is relatively cheap in Barranquilla, but the utilities are not included in the price of the rent, so you will need to provide for that too.

Services here are not inexpensive, as you will need more than $150 per month for that.

It will highly depend on your habits and spendings, and the number of people living at one place.

Sports and leisure

SPORTS & LEISURE

Costs of entertainment and sports are much lower in general than in many Western countries and it is especially noticed when the cinema tickets are in question.

Leisure time in Barranquilla can be spent outdoors while numerous events are happening, or those more interested in sport can make use of great weather and enjoy doing exercises in the nature, rather than pay fitness clubs.

Clothing and shoes

CLOTHING & SHOES

The low cost of living in Barranquilla is one of the most attractive aspects for people wanting to come here, but that is not the case with the price of clothing items and those who like shopping would not be satisfied with the designer clothes prices.

Rent per month

RENT PER MONTH

Accommodation can easily be found to suit everybody’s budget, and in Barranquilla it is not greatest monthly expense.

The cost of housing remains affordable and people coming from more developed countries would find it a bargain.

The prices will depend on the location, size and quality of the apartment.

Cost of Living Averages Table for Barranquilla

Average Restaurant Prices
Meal (Inexpensive Restaurant) $3.17
Domestic Beer (0.5 Liter) $0.90
Water (0.33 Liter) $0.68
Average Market Prices
Milk (1 Liter) $3.05
Loaf Bread (500g) $1.08
Eggs (12) $1.47
Average Transport Prices
One Way Ticket $0.63
Monthly Pass $19.02
Gasoline $2.78
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $120.88
1 min. of Prepaid Mobile Tariff Local $0.05
Internet (Unlimited Data, Cable/ADSL) $30.72
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $37.26
Tennis Court Rent (1 Hour) $8.43
Cinema, 1 Seat, International Release $4.75
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $67.68
1 Summer Dress in a Chain Store (Zara, etc...) $40.05
1 Pair of Adidas Walking Shoes (Mid-Range) $75.49
Average Rent Prices
Apartment (1 bedroom) in City Center $268.25
Apartment (1 bedroom) Outside of Center $211.66
Apartment (3 bedrooms) in City Center $407.01

How Does the Average Person Spend Their Money in Barranquilla?

The usual situation is that the cost of living in smaller cities and rural areas is lower than in major cities, and the same situation is in Barranquilla.

It is noted that food is the greatest expense, but that locally produced goods tend to be very affordable.

The price of rent is not so high, so this cost takes around 20% of the monthly budget which is not the case in many countries where the rent is usually the cost that takes the most money.

Transportation is not expensive, and even if you drive, the price of gasoline is affordable.

11.7%
29.4%
14.1%
10.3%
8.6%
5.5%
20.3%
Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Barranquilla: Average Salary, Minimum Wage & Mortgages

It is suggested to people thinking about moving to Barranquilla to estimate their monthly expenses and compare them with the monthly budget that is available to them.

If they notice that they will have enough money to cover the basic expenses here, then you should decide making the move to Colombia.

If they are going to work here and earn their salaries, they should know that the difference between the minimum and the average salary is not huge, but they will need much more than the minimum to provide for all the necessities.

Average Salary$386.23
Minimum Wage$262.9
Mortgage Interest Rate15.20%

Cost of Living by City in Colombia

*Click the name of the city for more information.

City Cost of Living Index
Barranquilla 34.04
Bogota 35.05
Cali 30.48
Medellin 33.82

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