Published: Monday, 21th October 2024
The cost of living in Marshall Islands is 4.46 times more expensive as compared to Colombia.
On this page, you will find side-by-side cost comparison between Marshall Islands and Colombia. 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 Marshall Islands and Colombia.
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 Indicators  | Marshall Islands  | Colombia  |
|---|---|---|
1 BHK Apartment in City Center  | 1,200 USD | 1,500,000 COP (360 USD) |
2 BHK Apartment in City Center  | 2,200 USD | 2,500,000 COP (600 USD) |
3 BHK Apartment in City Center  | 3,000 USD | 3,500,000 COP (840 USD) |
1 BHK Apartment outside City Center  | 800 USD | 900,000 COP (216 USD) |
2 BHK Apartment outside City Center  | 1,500 USD | 1,500,000 COP (360 USD) |
3 BHK Apartment outside City Center  | 2,200 USD | 2,200,000 COP (528 USD) |
Mortgage Rates Per Month  | 1.3 % | 9 % |
Realtor Commission  | 2 % | 2 % |
Property Taxes  | Yet to Update | 0.3 to 1.6 % |
The average housing cost in Marshall Islands is 3.68 times more expensive than Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Basic Home Furnishing  | 4,000 USD | 1,200,000 COP (288 USD) |
Electricity Cost Per Month  | 150 USD | 150,000 COP (36 USD) |
Heating Cost Per Month  | 120 USD | 80,000 COP (19.20 USD) |
Cooling Cost Per Month  | 100 USD | 100,000 COP (24 USD) |
Water Supply Cost Per Month  | 50 USD | 50,000 COP (12 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 1065.61% more for Utilities.
The basic home furnishing in Marshall Islands costs 13.89 times more compared to Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Standard Wifi Cost Per Month  | 50 USD | 100,000 COP (24 USD) |
Mobile Phone Basic Plan Cost Per Month  | 40 USD | 60,000 COP (14.40 USD) |
Landline Basic Plan Cost Per Month  | 20 USD | 40,000 COP (9.60 USD) |
Cable TV Basic Plan Cost Per Month  | 60 USD | 120,000 COP (28.80 USD) |
The internet and communication costs 121.35% more in Marshall Islands compared to Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Long Grain Rice (1 KG)  | 3 USD | 4,000 COP (0.96 USD) |
Milk (1 Liter)  | 2 USD | 3,500 COP (0.84 USD) |
Water (1 Liter)  | 1 USD | 1,000 COP (0.24 USD) |
Bread (500 gm)  | 1.50 USD | 2,000 COP (0.48 USD) |
Eggs (1 Dozen)  | 4.50 USD | 8,000 COP (1.92 USD) |
Cheese (1 KG)  | 10 USD | 15,000 COP (3.60 USD) |
Chicken Breast (1 KG)  | 12 USD | 12,000 COP (2.88 USD) |
In Marshall Islands, the cost of 1 Liter Water and 1 Liter Milk is 2.78 times more expensive than the cost in Colombia.
If you lived in Marshall Islands, instead of Colombia, you would have to pay 211.36% more for Groceries.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Apples (1 KG)  | 4 USD | 6,000 COP (1.44 USD) |
Bananas (1 KG)  | 3 USD | 4,000 COP (0.96 USD) |
Oranges (1 KG)  | 3.50 USD | 5,000 COP (1.20 USD) |
Tomatoes (1 KG)  | 3 USD | 4,000 COP (0.96 USD) |
Potatoes (1 KG)  | 2.50 USD | 3,000 COP (0.72 USD) |
Lemons (1 KG)  | 4 USD | 8,000 COP (1.92 USD) |
Onions (1 KG)  | 2.50 USD | 4,000 COP (0.96 USD) |
Lentils (1 KG)  | 3 USD | 6,000 COP (1.44 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.66 times more for Fruits and Vegetables.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Meal at a Resonable Restaurant  | 20 USD | 20,000 COP (4.80 USD) |
Three-Course Meal for Two  | 60 USD | 80,000 COP (19.20 USD) |
Fast Food Combo Meal  | 8 USD | 15,000 COP (3.60 USD) |
Normal Coffee  | 3 USD | 5,000 COP (1.20 USD) |
Soft Drink  | 2 USD | 2,000 COP (0.48 USD) |
Pizza for One  | 15 USD | 30,000 COP (7.20 USD) |
Take-Out Delivery Meal  | 15 USD | 25,000 COP (6 USD) |
Cigarette Pack of 20  | 8 USD | 15,000 COP (3.60 USD) |
Dining-Out costs 184.29% more in Marshall Islands compared to Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Wine Mid-Range Bottle  | 20 USD | 50,000 COP (12 USD) |
Glass of Wine  | 6 USD | 20,000 COP (4.80 USD) |
Domestic Beer Half Liter  | 3 USD | 5,000 COP (1.20 USD) |
Imported Beer Half Liter  | 5 USD | 10,000 COP (2.40 USD) |
Domestic Alcohol 1 Liter  | 20 USD | 30,000 COP (7.20 USD) |
Branded Alcohol 1 Liter  | 35 USD | 70,000 COP (16.80 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.00 times more for usual hard drinks.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Monthly Public Transportation Pass  | 40 USD | 80,000 COP (19.20 USD) |
Single Public Transportation Ticket  | 2 USD | 2,500 COP (0.60 USD) |
Single Train Ticket  | Yet to Update | 80,000 COP (19.20 USD) |
Domestic Airplane Ticket  | 200 USD | 250,000 COP (60 USD) |
Taxi Start Fare  | 7 USD | 5,000 COP (1.20 USD) |
Taxi Rate Per Kilometer  | 2.50 USD | 2,000 COP (0.48 USD) |
Car Rental Per Day  | 40 USD | 120,000 COP (28.80 USD) |
Parking Fees in City Center Per Hour  | 3 USD | 5,000 COP (1.20 USD) |
Parking Fees outside City Center Per Hour  | 1.50 USD | 2,000 COP (0.48 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.26 times more for transportation.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 25,000 USD | 30,000,000 COP (7,200 USD) |
Vehicle Registration Cost  | 150 USD | 200,000 COP (48 USD) |
Driving License Fees  | 70 USD | 150,000 COP (36 USD) |
Car Insurance Cost  | 400 USD | 1,000,000 COP (240 USD) |
Car Maintenance Cost  | 250 USD | 200,000 COP (48 USD) |
Car Loan Interest Rates  | 6 % | 11 % |
Fuel Per Liter  | 1.80 USD | 10,000 COP (2.40 USD) |
Fuel Per Gallon  | 7 USD | 40,000 COP (9.60 USD) |
Average Toll Fees  | Yet to Update | 10,000 COP 2.40 USD |
You would have to pay 3.41 times more for Vehicle purchase, daily operation and maintenance in Marshall Islands compared to that of Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Doctor Visit  | 60 USD | 100,000 COP (24 USD) |
Specialist Visit  | 90 USD | 200,000 COP (48 USD) |
Dentist Visit  | 70 USD | 150,000 COP (36 USD) |
Eye Exam  | 50 USD | 60,000 COP (14.40 USD) |
Mental Health Counseling  | 90 USD | 120,000 COP (28.80 USD) |
Preventive Health Screening  | 70 USD | 50,000 COP (12 USD) |
Physical Therapy  | 80 USD | 100,000 COP (24 USD) |
Emergency Room Visit  | 200 USD | 500,000 COP (120 USD) |
Hospital Stay Per Night  | 300 USD | 700,000 COP (168 USD) |
Vaccinations  | 50 USD | 30,000 COP (7.20 USD) |
Prescription Medication  | 20 USD | 20,000 COP (4.80 USD) |
Over the Counter Medication  | 10 USD | 10,000 COP (2.40 USD) |
Health Insurance Premiums  | 150 USD | 300,000 COP (72 USD) |
Health Insurance Deductibles  | 50 USD | 50,000 COP (12 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.25 times more for Health and Medical Treatment.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Cosmetic Procedures  | 300 USD | 400,000 COP (96 USD) |
Spa Treatment  | 80 USD | 200,000 COP (48 USD) |
Manicure Pedicure Cost  | 30 USD | 50,000 COP (12 USD) |
Optical Glasses Cost  | 120 USD | 150,000 COP (36 USD) |
Contact Lenses Cost  | 50 USD | 80,000 COP (19.20 USD) |
Haircuts  | 20 USD | 20,000 COP (4.80 USD) |
Hair Coloring  | 60 USD | 100,000 COP (24 USD) |
Shampoo Price  | 5 USD | 15,000 COP (3.60 USD) |
Toothpaste Price  | 3 USD | 5,000 COP (1.20 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.73 times more for Personal Care Items and Treatment.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Pair of Nike Running Shoes  | 100 USD | 350,000 COP (84 USD) |
Men's Shirt  | 35 USD | 80,000 COP (19.20 USD) |
Women's Dress  | 70 USD | 150,000 COP (36 USD) |
Summer Dress  | 50 USD | 100,000 COP (24 USD) |
Men's Suit  | 200 USD | 600,000 COP (144 USD) |
Men's Jeans  | 60 USD | 150,000 COP (36 USD) |
Women's Jeans  | 60 USD | 130,000 COP (31.20 USD) |
Men's Formal Shoes  | 100 USD | 250,000 COP (60 USD) |
Women's Formal Shoes  | 100 USD | 250,000 COP (60 USD) |
Men's Casual Shoes  | 70 USD | 200,000 COP (48 USD) |
Women's Casual Shoes  | 70 USD | 180,000 COP (43.20 USD) |
Underwear For Men  | 12 USD | 30,000 COP (7.20 USD) |
Underwear For Women  | 15 USD | 35,000 COP (8.40 USD) |
Socks For Men  | 5 USD | 10,000 COP (2.40 USD) |
Socks For Women  | 5 USD | 12,000 COP (2.88 USD) |
Wintercoat for Adults  | 120 USD | 250,000 COP (60 USD) |
Sportswear  | 60 USD | 200,000 COP (48 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 1.58 times more for Clothing and Footwear for Adults.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Children's Jeans  | 35 USD | 80,000 COP (19.20 USD) |
Children's Normal Sneakers  | 50 USD | 100,000 COP (24 USD) |
Children's Winter Coat  | 70 USD | 120,000 COP (28.80 USD) |
Daycare for Infant  | 500 USD | 500,000 COP (120 USD) |
Daycare for Toddler  | 450 USD | 400,000 COP (96 USD) |
Childcare for Sick Days  | 100 USD | 50,000 COP (12 USD) |
Early Childhood Education Programs  | 200 USD | 300,000 COP (72 USD) |
Extra Curricular Activities  | 250 USD | 150,000 COP (36 USD) |
Summer Camp for Kids  | 500 USD | 400,000 COP (96 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 4.28 times more for Childcare and kids clothing.
Indicators | Marshall Islands | Colombia |
|---|---|---|
PreSchool Fees  | 600 USD | 300,000 COP (72 USD) |
Primary School Fees  | 1,200 USD | 800,000 COP (192 USD) |
Secondary School Fees  | 1,800 USD | 1,000,000 COP (240 USD) |
Private School Fees  | 2,500 USD | 1,500,000 COP (360 USD) |
University Tuition Fees  | 8,000 USD | 2,500,000 COP (600 USD) |
University Private Tuition Fees  | 12,000 USD | 4,000,000 COP (960 USD) |
After School Activities  | 300 USD | 100,000 COP (24 USD) |
Special Education Services  | 250 USD | 200,000 COP (48 USD) |
Tutoring  | 100 USD | 70,000 COP (16.80 USD) |
Textbooks Cost  | 60 USD | 80,000 COP (19.20 USD) |
School Supplies  | 40 USD | 30,000 COP (7.20 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 10.57 times more for school and education.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Movie Ticket (Single)  | 10 USD | 15,000 COP (3.60 USD) |
Theater Ticket (Single)  | 20 USD | 50,000 COP (12 USD) |
Concert Ticket (Single)  | 40 USD | 80,000 COP (19.20 USD) |
Sports Event Ticket (Single)  | 50 USD | 60,000 COP (14.40 USD) |
Gym Membership  | 50 USD | 100,000 COP (24 USD) |
Swimming Pool Access  | 30 USD | 80,000 COP (19.20 USD) |
Museum Entry Ticket  | 10 USD | 20,000 COP (4.80 USD) |
Zoo Entry Ticket  | 15 USD | 25,000 COP (6 USD) |
Amusement Park Entry Ticket  | 25 USD | 40,000 COP (9.60 USD) |
Bowling  | 15 USD | 30,000 COP (7.20 USD) |
Mini Golf  | 10 USD | 25,000 COP (6 USD) |
Video Games  | 60 USD | 150,000 COP (36 USD) |
Streaming Services  | 15 USD | 25,000 COP (6 USD) |
Outdoor Equipment Rental  | 30 USD | 50,000 COP (12 USD) |
Theme Park Annual Pass  | 300 USD | 600,000 COP (144 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 2.10 times more for entertainment, recreation and fun activities.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Language Classes  | 150 USD | 120,000 COP (28.80 USD) |
Parenting Classes  | 100 USD | 80,000 COP (19.20 USD) |
Art Classes  | 60 USD | 70,000 COP (16.80 USD) |
Fitness Classes  | 30 USD | 40,000 COP (9.60 USD) |
Music Lessons  | 50 USD | 100,000 COP (24 USD) |
Dance Lessons  | 50 USD | 80,000 COP (19.20 USD) |
Reading Materials for Classes  | 15 USD | 20,000 COP (4.80 USD) |
Educational Software  | 100 USD | 150,000 COP (36 USD) |
If you lived in Marshall Islands, instead of Colombia, you would have to pay 3.50 times more for Private Classes.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Average Gross Monthly Salary  | 2,500 USD | 3,500,000 COP (840 USD) |
Average Net Monthly Salary  | 2,000 USD | 2,500,000 COP (600 USD) |
Minimum Wages  | 40 USD per hour | 43,333.33 COP per hour (10.40 USD) |
Average Bonus  | 500 USD | 500,000 COP (120 USD) |
Income Tax Rate  | 0 % | 0 to 19 % |
Social Security Contributions  | 8 % | 16 % |
Pension Contributions  | 5 % | 12 % |
Cost of Living Index  | 80 | 48 |
Median Household Income  | 1,800 USD | 2,000,000 COP (480 USD) |
If you lived in Marshall Islands, you would earn 3.34 times more salary as compared to Colombia.
Indicators | Marshall Islands | Colombia |
|---|---|---|
Legal Consultation Per Hour Rate  | 150 USD | 300,000 COP (72 USD) |
Accounting Services Per Hour Rate  | 120 USD | 200,000 COP (48 USD) |
IT Support Services Per Hour Rate  | 100 USD | 150,000 COP (36 USD) |
Technician Services Per Hour Rate  | 120 USD | 120,000 COP (28.80 USD) |
Professional Services cost 2.65 times more in Marshall Islands, as compared to Colombia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Marshall Islands and Colombia.
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