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Colombia # 2 Cheapest Place to Live

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Colombia Cost Living

Colombia: The Second Cheapest Place to Live in the World – A Hidden Gem for Expats

If you’ve been dreaming of a life filled with adventure, affordability, and breathtaking scenery, Colombia might just be your next big move. Ranked as the second cheapest place to live in the world, this vibrant South American country offers an unbeatable cost of living compared to the United States. Whether you’re a digital nomad, a retiree looking for paradise, or someone wanting to stretch their dollar further, Colombia is a prime destination worth considering.

The Cost of Living: How Much Can You Really Save?

Colombia’s affordability is staggering when compared to the U.S. Let’s break it down:

  • Rent & Housing: A one-bedroom apartment in a city like Medellín or Bogotá costs as little as $300-$500 per month, whereas in the U.S., the same apartment could cost anywhere from $1,500 to $3,000 in major cities.
  • Eating Out: Dining in Colombia is a dream. A full meal at a local restaurant costs around $3-$5, while high-end dining rarely exceeds $20 per person. In the U.S., a sit-down meal at a casual restaurant typically costs $15-$25.
  • Groceries: Fresh fruits, vegetables, and meats are locally sourced and incredibly cheap. A week’s worth of groceries for a single person can be as low as $25-$35, compared to the U.S., where the same basket might cost over $100.
  • Public Transport & Taxis: Bus rides cost around $0.50, while a taxi across town will only set you back $2-$5. In contrast, public transport in U.S. cities can be $2.50 per ride, and taxis or Uber fares easily start at $10.
  • Utilities & Internet: Monthly utilities, including electricity, water, and gas, average around $50-$80, while high-speed internet costs approximately $20-$30 per month. This is significantly lower than the $150-$250 many Americans pay.

A Culture That Welcomes You with Open Arms

Colombians are known for their warmth, hospitality, and joy for life. Unlike the hustle of big American cities, life in Colombia is relaxed and focused on relationships. People take time to greet their neighbors, enjoy long meals with friends, and celebrate life’s moments with music and dancing.

The Favorite Pastime: Futbol (Soccer) Is Life

If there’s one thing that unites Colombians across all ages, it’s their love for soccer. The passion for the sport runs deep, and game days feel like national holidays. Whether it’s gathering in a local bar to cheer for the national team or playing a friendly match in the streets, soccer is more than a sport—it’s a way of life.

Colombia’s Most Popular Foods

Colombian cuisine is rich, flavorful, and diverse. Some must-try dishes include:

  • Bandeja Paisa: A hearty platter featuring beans, rice, ground beef, chorizo, fried egg, avocado, and plantains—Colombia’s signature comfort food.
  • Arepas: Cornmeal cakes that can be stuffed with cheese, eggs, or meat, commonly eaten for breakfast or as a snack.
  • Ajiaco: A delicious chicken and potato soup with corn and a touch of cream, popular in Bogotá.
  • Empanadas: Fried or baked pastries stuffed with beef, chicken, or cheese—perfect for a quick bite.
  • Sancocho: A rich, slow-cooked stew with meat, plantains, yucca, and corn, enjoyed across the country.

Why Colombia Is a Great Place to Settle Down

Beyond its affordability and delicious cuisine, Colombia offers an excellent quality of life. The weather is incredible year-round, with cities like Medellín known as the “City of Eternal Spring” due to their perfect climate. The country’s landscapes range from Caribbean beaches to lush coffee regions, ensuring there’s a perfect spot for every lifestyle.

Healthcare in Colombia is also top-notch and much cheaper than in the U.S., making it ideal for retirees and long-term residents. Plus, the ease of obtaining a visa for extended stays makes it even more attractive for expats looking to make Colombia their home.

Final Thoughts

Colombia is an underrated paradise that offers beauty, culture, and an unbeatable cost of living. Whether you’re looking for adventure, affordability, or just a friendly place to call home, Colombia delivers on all fronts. If you’re thinking about making a move, there’s no better time than now to experience all that this incredible country has to offer.

So, why not trade in the high costs of the U.S. for a more fulfilling and affordable life in Colombia? The friendly locals, delicious food, and vibrant culture are waiting to welcome you with open arms!