Cost of living in Choloma
Choloma, a bustling city in Honduras, offers a unique blend of cultural vibrancy 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 Choloma, 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 $1.99 on average, with a range between $1.99 and $10.74.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $29.82, with prices ranging from $17.87 to $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5.16, with a range between $5.16 and $8.42.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.19 to $3.57, imported beer $1.79 to $4.77, cappuccino $1.39 to $4.59, and Coke/Pepsi $0.6 to $1.59.
Grocery Prices
- Milk - Milk is priced between $0.99 and $2.38 per liter, averaging $0.99.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.1 and $2.38, with an average price of $1.19.
- Eggs (Dozen) - A dozen eggs range from $1.2 to $2.98, averaging $1.79.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.99 to $3.9 per kg, while oranges range from $0.99 to $1.8 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.95 and $2.2 per kg, and lettuce costs $0.79 to $1.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.6 and $0.79.
- Fuel (Gasoline) - Gasoline is priced between $1.04 and $1.2 per liter.
- Taxi Fares - Taxi fares start at $3.97, with a cost of $1.59 per km and $1.99 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $79.44 to $110, averaging $94.72.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $47.66 to $100, averaging $73.83.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $350.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $295.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $570.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $450.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $59.58 and $99.3, averaging $74.14.
- Internet - Internet services range from $34.16 to $99.3, with an average cost of $44.24.
Cost of Living Data
The following pricing data has been gathered from 2 user contributions, as of the most recent update in November, 2024.
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$1.99
Meal for 2 People, Mid-range Restaurant, Three-course
$29.82
McMeal at McDonalds (or Equivalent Combo Meal)
$5.16
Domestic Beer (0.5 liter draught)
$1.59
Imported Beer (0.33 liter bottle)
$2.38
Coke/Pepsi (0.33 liter bottle)
$0.60
Water (0.33 liter bottle)
$0.48
Cappuccino (regular)
$1.99
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$0.99
Loaf of Fresh White Bread (500g)
$1.19
Eggs (regular) (12)
$1.79
Local Cheese (1kg)
$2.78
Water (1.5 liter bottle)
$0.99
Bottle of Wine (Mid-Range)
$9.93
Domestic Beer (0.5 liter bottle)
$1.19
Imported Beer (0.33 liter bottle)
$1.86
Cigarettes 20 Pack (Marlboro)
$2.58
Chicken Fillets (1kg)
$3.02
Apples (1kg)
$1.99
Oranges (1kg)
$0.99
Potato (1kg)
$0.95
Lettuce (1 head)
$0.86
Rice (white), (1kg)
$0.87
Tomato (1kg)
$0.87
Banana (1kg)
$1.19
Onion (1kg)
$0.91
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$8.15
Transportation
Transportation
Avg
Range
One-way Ticket (Local Transport)
$0.70
Gasoline (1 liter)
$1.10
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$19,859.67
Taxi Start (Normal Tariff)
$4.37
Taxi 1km (Normal Tariff)
$1.59
Taxi 1hour Waiting (Normal Tariff)
$1.99
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$19,859.67
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$94.72
Apartment (1 bedroom) Outside of Centre
$73.83
Apartment (3 bedrooms) in City Centre
$350.00
Apartment (3 bedrooms) Outside of Centre
$295.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$74.14
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$44.24
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$5.71
Sports And Leisure
Sports And Leisure
Avg
Range
Cinema, International Release, 1 Seat
$3.18
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Pair of Jeans (Levis 501 Or Similar)
$37.07
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$37.07
1 Pair of Nike Running Shoes (Mid-Range)
$63.55
1 Pair of Men Leather Business Shoes
$105.92
Buy Apartment Price
Buy Apartment Price
Avg
Range
Price per Square Meter to Buy Apartment in City Centre
$570.00
Price per Square Meter to Buy Apartment Outside of Centre
$450.00
Salaries And Financing
Salaries And Financing
Avg
Range
Average Monthly Net Salary (After Tax)
$520.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
12%
Childcare
Childcare
Avg
Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$31.78
International Primary School, Yearly for 1 Child
$0.00
Choloma Cost of Living
"Key Takeaways"
Choloma offers a relatively low cost of living, especially in terms of housing and dining. Rent prices are notably affordable compared to many other cities.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
Grocery prices are also quite reasonable, allowing residents to maintain a balanced diet without overspending.
Conclusion
In conclusion, Choloma presents an attractive option for those seeking an affordable lifestyle in Honduras. The city's low housing and transportation costs make it an appealing choice for both locals and expatriates.
While some amenities like internet services can vary in price, the overall cost of living remains manageable. Prospective residents can enjoy a comfortable life without the high expenses found in larger urban areas.
Choloma