Cost of living in Buenaventura
Buenaventura, a bustling port city in Colombia, offers a unique blend of cultural richness and economic activity. Understanding the cost of living here is crucial for anyone considering relocation or planning an extended stay.
This guide provides a detailed breakdown of expenses, from dining and groceries to housing and utilities, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $9.1 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $62.56.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.82.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $4.55, imported beer $5.69, cappuccino $2.96, and Coke/Pepsi $1.36.
Grocery Prices
Transportation
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $324.86.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $269.81.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $591.48.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $475.92.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1397.95.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1138.61.
Utilities
Cost of Living Rankings
The cost of living indices for Colombia are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Colombia, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Rent Per Month
Rent Per Month
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Buenaventura offers relatively affordable housing options compared to many urban centers, with average rents for one-bedroom apartments in the city centre around $324.86.
Dining out is reasonably priced, with inexpensive meals averaging $9.1, making it accessible for most budgets.
While specific data on transportation and utilities is not provided, the overall cost of living in Buenaventura appears manageable for those earning the average monthly net salary of $454.99.
Conclusion
In conclusion, Buenaventura presents a cost-effective living environment, particularly in terms of housing and dining.
Potential residents should consider the average salary and expenses to ensure a comfortable lifestyle. With its vibrant culture and economic opportunities, Buenaventura is an attractive option for those looking to experience life in Colombia.