Cost of living in Maicao
Maicao, a vibrant city in Colombia, offers a unique blend of cultural experiences and economic opportunities. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses in Maicao, 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 $4.55 on average, with a range between $3.18 and $5.69.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $29.01, with prices ranging from $18.2 to $39.81.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.82, with a range between $5.69 and $7.71.
- 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 $4.55, 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 $1.99, with an average price of $1.22.
- Eggs (Dozen) - A dozen eggs range from $1.36 to $2.59, averaging $1.88.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.27 to $2.84 per kg, while oranges range from $0.73 to $3.26 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.91 and $1 per kg, and lettuce costs $0.45 to $0.77 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.57.
- Fuel (Gasoline) - Gasoline is priced between $0.58 and $0.93 per liter.
- Taxi Fares - Taxi fares start at $1.48, with a cost of $1.36 to $2.73 per km and $5.69 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $79.62.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $56.87.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $136.5.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $102.37.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $56.87 and $159.25.
- Internet - Internet services range from $13.65 to $31.85, with an average cost of $13.65.
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
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"Key Takeaways"
Maicao offers a relatively low cost of living compared to many other cities, making it an attractive option for budget-conscious individuals.
Dining out is affordable, with inexpensive meals available for under $5.
Housing costs are notably low, with average rents for apartments being significantly cheaper than in major urban centers.
Transportation and utilities are also budget-friendly, contributing to the overall affordability of living in Maicao.
Conclusion
In conclusion, Maicao presents a cost-effective living environment with affordable housing, dining, and transportation options.
This makes it an appealing choice for those looking to experience Colombian culture without the high expenses associated with larger cities.