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International Cost of Living Calculators

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Detailed international cost of living and salary comparison.


Cost of Living Comparison: Determines allowance based on cost of living difference.


International Cost of Living Index: COLI's for multiple locations using home base.


International Assignment: Global Mobility using build-up approach.


Hypothetical Tax: Effective tax rate for any country in the world.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
Hypothetical Tax Calculator
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


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Articles & Rankings

Cost of Living Articles and Rankings


-International City Cost of Living Rankings

-Regional Cost of Living Rankings (Africa;
America; Asia Pacific; Europe; Middle East)

-Latest Inflation Rates around the world

-Latest Personal Income Tax Rates

-Cost of Living Rankings by Basket

-Articles related to cost of living
and expatriate life


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Cost of Living Reviews

Cost of Living Reviews by City and Country for 780 International Locations

Use the map below or page down

Help

International Cost of Living Help

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Colombia, All Areas
Overview

Colombia, All AreasColombia is in Northern South America, bordering the Caribbean Sea, between Panama and Venezuela, and bordering the North Pacific Ocean, between Ecuador and Panama. The climate is tropical along coast and the eastern plains, but cooler in the highlands.

The official language is Spanish. Many Colombian businesspeople speak English and so do most reception staff at business-class hotels in main cities. It is appreciated if visitors try to speak Spanish. Other languages are not widely spoken, but hotels can generally aid visitors by hiring interpreters for them if required. The main religion is Christianity.

The economy of Colombia is that of a free market economy with major commercial and investment ties to the United Nations. Transition from a highly regulated economy has been underway for more than a decade.

Business introductions are usually formal, for example it is expected to use formal professional titles followed by surname. Expatriate business dress is formal.

The security risk for expatriates in Colombia is medium, but high in rural areas and near the borders with Venezuela and Ecuador. Risks include street crime, including violent crime, abduction in some remote areas, and terrorism.

The currency of Colombia is the Colombian Peso (COP). US dollars are easily exchangeable. Use credit and debit cards and ATMs with vigilance as crime rates are high.

Medical facilities vary widely. Private clinics in large cities provide good quality care all levels of treatment. However public health facilities, particularly in smaller cities are generally not properly equipped and poorly funded.

The population of Colombia is 49.6 Million (2018 est.), while the inflation rate (CPI) is 3.23% for Colombia as at September 2018.

Xpatulator Hypothetical Tax for Colombia is based on the current personal income tax rates which are progressive up to 33%. The value of each tax unit (UVT) is equivalent to COP 33,156 for fiscal year 2018.


Cost Of Living

The cost of living for expatriates / professional migrants in Colombia as at 1 October 2018 is low in comparison to other places in the world.

In Colombia, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Average
2) Clothing: High
3) Communication: Low
4) Education: Low
5) Furniture & Appliances: High
6) Groceries: Very Low
7) Healthcare: Very Low
8) Household Accommodation: Average
9) Miscellaneous: Average
10) Personal Care: Average
11) Recreation & Culture: Average
12) Restaurants Meals Out and Hotels: Very Low
13) Transport: Very Low

Colombia is for example -25.4% cheaper than USA for groceries, -5.3% cheaper for household costs than UK, and 35.9% more expensive for transport costs than India.

Colombia is ranked as a high degree of hardship location.

The hardship premium for Colombia for an expat from Australia, is for example 20%, i.e. host location (Colombia) premium of 30% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Colombia? Register subscribe to your home location and Colombia and run your personalised reports.

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