Cost of living in Manizales
Manizales, a vibrant city in Colombia, offers a unique blend of culture and affordability. 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 Manizales, 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 $3.41 on average, with a range between $2.73 and $11.83.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $17.63, with prices ranging from $13.65 to $45.5.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $6.82, with a range between $5.46 and $10.24.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $0.57 to $2.73, imported beer $1.36 to $4.09, cappuccino $0.57 to $2.27, and Coke/Pepsi $0.45 to $1.59.
Grocery Prices
- Milk - Milk is priced between $0.82 and $1.75 per liter, averaging $0.93.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.68 and $5.02, with an average price of $1.33.
- Eggs (Dozen) - A dozen eggs range from $1.23 to $5.46, averaging $2.02.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.91 to $5.69 per kg, while oranges range from $0.45 to $2.73 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.45 and $1.82 per kg, and lettuce costs $0.34 to $1.14 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.57 and $0.64, with a monthly pass priced between $0 and $50.96.
- Fuel (Gasoline) - Gasoline is priced between $0.58 and $0.96 per liter.
- Taxi Fares - Taxi fares start at $0.8, with a cost of $0.91 to $2.27 per km and $3.41 to $11.37 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $170.62 to $341.24, averaging $246.45.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $181.99 to $409.49, averaging $299.53.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $272.99 to $568.73, averaging $371.57.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $227.49 to $477.74, averaging $371.57.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1137.47.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $909.97.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $43.22 and $150.4, averaging $71.66.
- Internet - Internet services range from $17.06 to $36.4, with an average cost of $23.99.
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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Salaries And Financing
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"Key Takeaways"
Manizales offers a relatively low cost of living compared to many other cities, making it an attractive option for both locals and expatriates.
Housing is particularly affordable, with rental prices significantly lower than in major urban centers.
Dining out is also budget-friendly, with a variety of options available at different price points.
Transportation costs are minimal, especially for public transit, which is both efficient and economical.
Conclusion
In conclusion, Manizales provides 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 costs associated with larger cities.
Whether you're planning to move or just visit, understanding these costs can help you budget effectively and enjoy all that Manizales has to offer.