Cost of living in Magangué
Magangué, a vibrant city in Colombia, offers a unique blend of cultural richness and economic opportunities. Understanding the cost of living here is crucial for anyone considering relocation or planning a visit.
This guide provides a detailed breakdown of expenses in Magangué, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $4.54 on average, with a range between $3.18 and $5.68.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $28.94, with prices ranging from $18.16 to $39.73.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.81, with a range between $5.68 and $7.7.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.68 to $2.27, imported beer $0.91 to $3.16, cappuccino $0.68 to $4.54, and Coke/Pepsi $0.59 to $1.36.
Grocery Prices
- Milk - Milk is priced between $0.57 and $1.14 per liter, averaging $0.97.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.68 and $1.98, with an average price of $1.22.
- Eggs (Dozen) - A dozen eggs range from $1.35 to $2.59, averaging $1.88.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.27 to $2.84 per kg, while oranges range from $0.72 to $3.25 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.9 and $1 per kg, and lettuce costs $0.45 to $0.77 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.57 and $0.93 per liter.
- Taxi Fares - Taxi fares start at $1.36, with a cost of $1.59 to $2.72 per km and $3.18 to $5.68 per hour of waiting.
Housing Costs
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is not specified in the data provided.
- Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the city centre is not specified in the data provided.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $68.1 and $158.91, averaging $112.1.
- Internet - Internet services range from $18.16 to $31.78, with an average cost of $23.69.
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
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Transportation
Utilities (Monthly)
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Sports And Leisure
Sports And Leisure
Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Magangué offers a relatively affordable cost of living compared to larger Colombian cities. Dining out is inexpensive, and grocery prices are reasonable.
Transportation costs are low, particularly for gasoline, making it an economical choice for those who drive.
Utilities and internet services are affordable, contributing to the overall cost-effectiveness of living in Magangué.
Conclusion
In conclusion, Magangué presents a cost-effective living environment with affordable dining, transportation, and utility costs.
This makes it an attractive option for individuals and families looking to balance quality of life with budget considerations.