How much money do you need per month in Colombia?

You need about $1,600 per month to live comfortably as a single person in Colombia. This covers your rent, food, transport, and some fun, reflecting Colombia's price index of 45 relative to a US baseline. Rent in a major city like Medellín or Bogotá for a nice 1-bedroom apartment runs $500-$800. Utilities add another $80-$120. Groceries are cheap, around $200-$300 monthly if you cook most meals. A meal out at a mid-range restaurant is $10-$15. Transport is very affordable. A monthly public transport pass is roughly $20-$30. Taxis and ride-shares are also inexpensive compared to the US. For leisure, expect to spend $200-$300 on activities, entertainment, and a few nights out. Colombia's income tax for residents starts at 0% for incomes under about $1,000 USD/month, then gradually increases, reaching 19% for income between $1,000 and $1,500. If you’re okay with a more local lifestyle or move to a smaller town, you could get by on $1,000-$1,200. However, for a comfortable expat experience with some amenities, target $1,600.