#3 - Lifestyle on a Budget

My amigos, it is good to see you back on Day 3 of our series, Living in Colombia Like a Millionaire.

Today, we are going to learn about enjoying a lifestyle that doesn't break the bank. As we talked about before, my beautiful country, Colombia is one of the most budget-friendly countries in the world (1); meaning you can afford to have some fun on almost any budget. Know that the majority of items are cheaper here but there are some things such as electronics that are more expensive.

To give you better idea of prices, I’ve left some pictures of common everyday items and their prices below*:

Polo Shirt: ± $50,000 COP ≈ $12.50 USD

Baseball cap: ± $25,000 COP ≈ $ 6.25 USD

Dress: ± $80,000 COP ≈ $20.00 USD

Coffee: ± $28,000 COP ≈ $ 7.00 USD

Beef: ± $63,000 COP ≈ $15.75 USD

Beer: ± $25,000 COP ≈ $ 6.25 USD

Shrimp: ± $32,000 COP ≈ $ 8.00 USD

Cooking Oil: ± $16,000 COP ≈ $ 4.00 USD

Roll of Paper Towels: ± $ 7,000 COP ≈ $ 1.75 USD

Toilet Paper: ± $19,000 COP ≈ $ 4.75 USD

Mouthwash: ± $32,000 COP ≈ $ 8.00 USD

Soap: ± $ 9,000 COP ≈ $ 2.25 USD

Trash Bags: ± $ 5,000 COP ≈ $ 1.25 USD

Dish Soap: ± $10,000 COP ≈ $ 2.50 USD

Dog Food: ± $17,000 COP ≈ $ 4.25 USD

Amigos, make sure to watch this video to find out how much we were able to dine out on with just $50.00 USD!

¡Chao!

* Last quarter of 2023 based on a $1.000 USD to $4,000 COP exchange rate.