Published: Monday, 21th October 2024
The cost of living in Colombia is 2.97 times less expensive as compared to Palau.
On this page, you will find side-by-side cost comparison between Colombia and Palau. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Colombia and Palau.
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Indicators | Colombia | Palau |
---|---|---|
1 BHK Apartment in City Center | 1,500,000 COP (360 USD) | 800 USD |
2 BHK Apartment in City Center | 2,500,000 COP (600 USD) | 1,200 USD |
3 BHK Apartment in City Center | 3,500,000 COP (840 USD) | 1,500 USD |
1 BHK Apartment outside City Center | 900,000 COP (216 USD) | 600 USD |
2 BHK Apartment outside City Center | 1,500,000 COP (360 USD) | 900 USD |
3 BHK Apartment outside City Center | 2,200,000 COP (528 USD) | 1,200 USD |
Mortgage Rates Per Month | 9 % | 1.2 % |
Realtor Commission | 2 % | 3 % |
Property Taxes | 0.3 to 1.6 % | Yet to Update |
The average housing cost in Colombia is 2.11 times less expensive than Palau.
Indicators | Colombia | Palau |
---|---|---|
Basic Home Furnishing | 1,200,000 COP (288 USD) | 1,500 USD |
Electricity Cost Per Month | 150,000 COP (36 USD) | 150 USD |
Heating Cost Per Month | 80,000 COP (19.20 USD) | 100 USD |
Cooling Cost Per Month | 100,000 COP (24 USD) | 80 USD |
Water Supply Cost Per Month | 50,000 COP (12 USD) | 50 USD |
If you lived in Colombia, instead of Palau, you would have to pay 79.83% less for Utilities.
The basic home furnishing in Colombia costs 5.21 times less compared to Palau.
Indicators | Colombia | Palau |
---|---|---|
Standard Wifi Cost Per Month | 100,000 COP (24 USD) | 70 USD |
Mobile Phone Basic Plan Cost Per Month | 60,000 COP (14.40 USD) | 50 USD |
Landline Basic Plan Cost Per Month | 40,000 COP (9.60 USD) | 40 USD |
Cable TV Basic Plan Cost Per Month | 120,000 COP (28.80 USD) | 100 USD |
The internet and communication costs 70.46% less in Colombia compared to Palau.
Indicators | Colombia | Palau |
---|---|---|
Long Grain Rice (1 KG) | 4,000 COP (0.96 USD) | 2 USD |
Milk (1 Liter) | 3,500 COP (0.84 USD) | 1.50 USD |
Water (1 Liter) | 1,000 COP (0.24 USD) | 0.50 USD |
Bread (500 gm) | 2,000 COP (0.48 USD) | 1 USD |
Eggs (1 Dozen) | 8,000 COP (1.92 USD) | 3 USD |
Cheese (1 KG) | 15,000 COP (3.60 USD) | 6 USD |
Chicken Breast (1 KG) | 12,000 COP (2.88 USD) | 7 USD |
In Colombia, the cost of 1 Liter Water and 1 Liter Milk is 1.85 times less expensive than the cost in Palau.
If you lived in Colombia, instead of Palau, you would have to pay 48.00% less for Groceries.
Indicators | Colombia | Palau |
---|---|---|
Apples (1 KG) | 6,000 COP (1.44 USD) | 3 USD |
Bananas (1 KG) | 4,000 COP (0.96 USD) | 1.50 USD |
Oranges (1 KG) | 5,000 COP (1.20 USD) | 2 USD |
Tomatoes (1 KG) | 4,000 COP (0.96 USD) | 2 USD |
Potatoes (1 KG) | 3,000 COP (0.72 USD) | 1 USD |
Lemons (1 KG) | 8,000 COP (1.92 USD) | 2.50 USD |
Onions (1 KG) | 4,000 COP (0.96 USD) | 1.50 USD |
Lentils (1 KG) | 6,000 COP (1.44 USD) | 2.50 USD |
If you lived in Colombia, instead of Palau, you would have to pay 1.67 times less for Fruits and Vegetables.
Indicators | Colombia | Palau |
---|---|---|
Meal at a Resonable Restaurant | 20,000 COP (4.80 USD) | 15 USD |
Three-Course Meal for Two | 80,000 COP (19.20 USD) | 40 USD |
Fast Food Combo Meal | 15,000 COP (3.60 USD) | 7 USD |
Normal Coffee | 5,000 COP (1.20 USD) | 3 USD |
Soft Drink | 2,000 COP (0.48 USD) | 2 USD |
Pizza for One | 30,000 COP (7.20 USD) | 15 USD |
Take-Out Delivery Meal | 25,000 COP (6 USD) | 12 USD |
Cigarette Pack of 20 | 15,000 COP (3.60 USD) | 6 USD |
Dining-Out costs 53.92% less in Colombia compared to Palau.
Indicators | Colombia | Palau |
---|---|---|
Wine Mid-Range Bottle | 50,000 COP (12 USD) | 15 USD |
Glass of Wine | 20,000 COP (4.80 USD) | 7 USD |
Domestic Beer Half Liter | 5,000 COP (1.20 USD) | 2.50 USD |
Imported Beer Half Liter | 10,000 COP (2.40 USD) | 4 USD |
Domestic Alcohol 1 Liter | 30,000 COP (7.20 USD) | 15 USD |
Branded Alcohol 1 Liter | 70,000 COP (16.80 USD) | 25 USD |
If you lived in Colombia, instead of Palau, you would have to pay 1.54 times less for usual hard drinks.
Indicators | Colombia | Palau |
---|---|---|
Monthly Public Transportation Pass | 80,000 COP (19.20 USD) | 60 USD |
Single Public Transportation Ticket | 2,500 COP (0.60 USD) | 2 USD |
Single Train Ticket | 80,000 COP (19.20 USD) | Yet to Update |
Domestic Airplane Ticket | 250,000 COP (60 USD) | 150 USD |
Taxi Start Fare | 5,000 COP (1.20 USD) | 5 USD |
Taxi Rate Per Kilometer | 2,000 COP (0.48 USD) | 2 USD |
Car Rental Per Day | 120,000 COP (28.80 USD) | 40 USD |
Parking Fees in City Center Per Hour | 5,000 COP (1.20 USD) | 3 USD |
Parking Fees outside City Center Per Hour | 2,000 COP (0.48 USD) | 1 USD |
If you lived in Colombia, instead of Palau, you would have to pay 2.01 times less for transportation.
Indicators | Colombia | Palau |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000,000 COP (7,200 USD) | 20,000 USD |
Vehicle Registration Cost | 200,000 COP (48 USD) | 100 USD |
Driving License Fees | 150,000 COP (36 USD) | 50 USD |
Car Insurance Cost | 1,000,000 COP (240 USD) | 500 USD |
Car Maintenance Cost | 200,000 COP (48 USD) | 200 USD |
Car Loan Interest Rates | 11 % | 5 % |
Fuel Per Liter | 10,000 COP (2.40 USD) | 1.50 USD |
Fuel Per Gallon | 40,000 COP (9.60 USD) | 6 USD |
Average Toll Fees | 10,000 COP 2.40 USD | Yet to Update |
You would have to pay 2.75 times less for Vehicle purchase, daily operation and maintenance in Colombia compared to that of Palau.
Indicators | Colombia | Palau |
---|---|---|
Doctor Visit | 100,000 COP (24 USD) | 80 USD |
Specialist Visit | 200,000 COP (48 USD) | 150 USD |
Dentist Visit | 150,000 COP (36 USD) | 100 USD |
Eye Exam | 60,000 COP (14.40 USD) | 80 USD |
Mental Health Counseling | 120,000 COP (28.80 USD) | 150 USD |
Preventive Health Screening | 50,000 COP (12 USD) | 80 USD |
Physical Therapy | 100,000 COP (24 USD) | 100 USD |
Emergency Room Visit | 500,000 COP (120 USD) | 500 USD |
Hospital Stay Per Night | 700,000 COP (168 USD) | 200 USD |
Vaccinations | 30,000 COP (7.20 USD) | 50 USD |
Prescription Medication | 20,000 COP (4.80 USD) | 25 USD |
Over the Counter Medication | 10,000 COP (2.40 USD) | 10 USD |
Health Insurance Premiums | 300,000 COP (72 USD) | 200 USD |
Health Insurance Deductibles | 50,000 COP (12 USD) | 100 USD |
If you lived in Colombia, instead of Palau, you would have to pay 3.18 times less for Health and Medical Treatment.
Indicators | Colombia | Palau |
---|---|---|
Cosmetic Procedures | 400,000 COP (96 USD) | 300 USD |
Spa Treatment | 200,000 COP (48 USD) | 100 USD |
Manicure Pedicure Cost | 50,000 COP (12 USD) | 40 USD |
Optical Glasses Cost | 150,000 COP (36 USD) | 100 USD |
Contact Lenses Cost | 80,000 COP (19.20 USD) | 50 USD |
Haircuts | 20,000 COP (4.80 USD) | 20 USD |
Hair Coloring | 100,000 COP (24 USD) | 50 USD |
Shampoo Price | 15,000 COP (3.60 USD) | 5 USD |
Toothpaste Price | 5,000 COP (1.20 USD) | 2 USD |
If you lived in Colombia, instead of Palau, you would have to pay 2.72 times less for Personal Care Items and Treatment.
Indicators | Colombia | Palau |
---|---|---|
Pair of Nike Running Shoes | 350,000 COP (84 USD) | 100 USD |
Men's Shirt | 80,000 COP (19.20 USD) | 30 USD |
Women's Dress | 150,000 COP (36 USD) | 50 USD |
Summer Dress | 100,000 COP (24 USD) | 40 USD |
Men's Suit | 600,000 COP (144 USD) | 150 USD |
Men's Jeans | 150,000 COP (36 USD) | 50 USD |
Women's Jeans | 130,000 COP (31.20 USD) | 40 USD |
Men's Formal Shoes | 250,000 COP (60 USD) | 100 USD |
Women's Formal Shoes | 250,000 COP (60 USD) | 100 USD |
Men's Casual Shoes | 200,000 COP (48 USD) | 60 USD |
Women's Casual Shoes | 180,000 COP (43.20 USD) | 60 USD |
Underwear For Men | 30,000 COP (7.20 USD) | 10 USD |
Underwear For Women | 35,000 COP (8.40 USD) | 15 USD |
Socks For Men | 10,000 COP (2.40 USD) | 5 USD |
Socks For Women | 12,000 COP (2.88 USD) | 5 USD |
Wintercoat for Adults | 250,000 COP (60 USD) | 100 USD |
Sportswear | 200,000 COP (48 USD) | 50 USD |
If you lived in Colombia, instead of Palau, you would have to pay 1.35 times less for Clothing and Footwear for Adults.
Indicators | Colombia | Palau |
---|---|---|
Children's Jeans | 80,000 COP (19.20 USD) | 30 USD |
Children's Normal Sneakers | 100,000 COP (24 USD) | 40 USD |
Children's Winter Coat | 120,000 COP (28.80 USD) | 60 USD |
Daycare for Infant | 500,000 COP (120 USD) | 300 USD |
Daycare for Toddler | 400,000 COP (96 USD) | 250 USD |
Childcare for Sick Days | 50,000 COP (12 USD) | 50 USD |
Early Childhood Education Programs | 300,000 COP (72 USD) | 200 USD |
Extra Curricular Activities | 150,000 COP (36 USD) | 150 USD |
Summer Camp for Kids | 400,000 COP (96 USD) | 200 USD |
If you lived in Colombia, instead of Palau, you would have to pay 2.54 times less for Childcare and kids clothing.
Indicators | Colombia | Palau |
---|---|---|
PreSchool Fees | 300,000 COP (72 USD) | 400 USD |
Primary School Fees | 800,000 COP (192 USD) | 600 USD |
Secondary School Fees | 1,000,000 COP (240 USD) | 800 USD |
Private School Fees | 1,500,000 COP (360 USD) | 1,200 USD |
University Tuition Fees | 2,500,000 COP (600 USD) | 3,000 USD |
University Private Tuition Fees | 4,000,000 COP (960 USD) | 4,000 USD |
After School Activities | 100,000 COP (24 USD) | 100 USD |
Special Education Services | 200,000 COP (48 USD) | 300 USD |
Tutoring | 70,000 COP (16.80 USD) | 50 USD |
Textbooks Cost | 80,000 COP (19.20 USD) | 100 USD |
School Supplies | 30,000 COP (7.20 USD) | 50 USD |
If you lived in Colombia, instead of Palau, you would have to pay 4.17 times less for school and education.
Indicators | Colombia | Palau |
---|---|---|
Movie Ticket (Single) | 15,000 COP (3.60 USD) | 10 USD |
Theater Ticket (Single) | 50,000 COP (12 USD) | 20 USD |
Concert Ticket (Single) | 80,000 COP (19.20 USD) | 30 USD |
Sports Event Ticket (Single) | 60,000 COP (14.40 USD) | 20 USD |
Gym Membership | 100,000 COP (24 USD) | 50 USD |
Swimming Pool Access | 80,000 COP (19.20 USD) | 30 USD |
Museum Entry Ticket | 20,000 COP (4.80 USD) | 10 USD |
Zoo Entry Ticket | 25,000 COP (6 USD) | 15 USD |
Amusement Park Entry Ticket | 40,000 COP (9.60 USD) | 25 USD |
Bowling | 30,000 COP (7.20 USD) | 20 USD |
Mini Golf | 25,000 COP (6 USD) | 15 USD |
Video Games | 150,000 COP (36 USD) | 50 USD |
Streaming Services | 25,000 COP (6 USD) | 15 USD |
Outdoor Equipment Rental | 50,000 COP (12 USD) | 20 USD |
Theme Park Annual Pass | 600,000 COP (144 USD) | 200 USD |
If you lived in Colombia, instead of Palau, you would have to pay 1.64 times less for entertainment, recreation and fun activities.
Indicators | Colombia | Palau |
---|---|---|
Language Classes | 120,000 COP (28.80 USD) | 200 USD |
Parenting Classes | 80,000 COP (19.20 USD) | 200 USD |
Art Classes | 70,000 COP (16.80 USD) | 30 USD |
Fitness Classes | 40,000 COP (9.60 USD) | 30 USD |
Music Lessons | 100,000 COP (24 USD) | 40 USD |
Dance Lessons | 80,000 COP (19.20 USD) | 40 USD |
Reading Materials for Classes | 20,000 COP (4.80 USD) | 10 USD |
Educational Software | 150,000 COP (36 USD) | 150 USD |
If you lived in Colombia, instead of Palau, you would have to pay 4.42 times less for Private Classes.
Indicators | Colombia | Palau |
---|---|---|
Average Gross Monthly Salary | 3,500,000 COP (840 USD) | 3,000 USD |
Average Net Monthly Salary | 2,500,000 COP (600 USD) | 2,500 USD |
Minimum Wages | 43,333.33 COP per hour (10.40 USD) | 26.67 USD per hour |
Average Bonus | 500,000 COP (120 USD) | 300 USD |
Income Tax Rate | 0 to 19 % | 0 to 10 % |
Social Security Contributions | 16 % | 6 % |
Pension Contributions | 12 % | Yet to Update |
Cost of Living Index | 48 | 70 |
Median Household Income | 2,000,000 COP (480 USD) | 2,500 USD |
If you lived in Colombia, you would earn 4.06 times less salary as compared to Palau.
Indicators | Colombia | Palau |
---|---|---|
Legal Consultation Per Hour Rate | 300,000 COP (72 USD) | 150 USD |
Accounting Services Per Hour Rate | 200,000 COP (48 USD) | 100 USD |
IT Support Services Per Hour Rate | 150,000 COP (36 USD) | 100 USD |
Technician Services Per Hour Rate | 120,000 COP (28.80 USD) | 80 USD |
Professional Services cost 2.33 times less in Colombia, as compared to Palau.
We hope you enjoyed the detailed guide on the cost of living comparsion between Colombia and Palau.
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