Cost of living
Loreto (Colombia) compared to Palermo (Colombia)
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Overview comparison
Loreto (Colombia)Palermo (Colombia)
Consumer prices in Loreto (Colombia) are roughly 21% higher than in Palermo (Colombia).
Cost of living
| Item | Loreto (Colombia) | Palermo (Colombia) |
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| Total with rent one person | 626 | 689 |
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| Total with rent family | 1,764 | 1,125 |
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| Without rent one person | 421 | 357 |
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| Without rent one family | 1,127 | 1,180 |
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| Rent & Utilities person | 243.05 | 237.33 |
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| Rent & Utilities family | 525.16 | 393.27 |
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| Food person | 405 | 255 |
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| Food family | 803 | 654 |
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| Transport person | 45.85 | 36.89 |
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| Transport family | 105.53 | 130.22 |
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| Life expectancy | 74.96 years | 79.61 years |
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Eating Out
| Item | Loreto (Colombia) | Palermo (Colombia) |
|---|
| Lunch Menu | 8.94 | 5.68 |
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| Dinner in a Restaurant, for 2 | 37.8 | 24.15 |
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| Fast food meal, equiv. McDonald's | 6.62 | 7.89 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.67 | 1.03 |
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| Cappuccino | 2.43 | 1.84 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.57 | 0.88 |
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Rent & Utilities
| Item | Loreto (Colombia) | Palermo (Colombia) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 281.55 | 261.14 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 216.5 | 196.76 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 376.22 | 345.43 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 358.35 | 226.89 |
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| Utility Bill one person, electricity, heating, water, etc. | 52.43 | 46.89 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 78.99 | 88.49 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 18.75 | 18.6 |
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Transportation
| Item | Loreto (Colombia) | Palermo (Colombia) |
|---|
| Local transport ticket | 42.35 | 11.17 |
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| Monthly ticket local transport | 2,055 | 1,021 |
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| Taxi Ride, 8 km or 5 mi | 1,701 | 752 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.4 | 0.69 |
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| Mortgage Interest Rate for 20 Years | 9.41% | 39.87% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.36 | 18.24 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.88 | 0.88 |
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Groceries
| Item | Loreto (Colombia) | Palermo (Colombia) |
|---|
| Milk, 1 L or 1 qt | 1.02 | 1.06 |
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| Bread, 0.5 kg or 1.1 lb | 1.36 | 1.05 |
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| Eggs, x12 | 1.39 | 2.04 |
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| Cheese, 1 kg or 2.2 lb | 6.01 | 3.91 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.46 | 2.44 |
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| Round Steak, 1 kg or 2.2 lb | 8.69 | 5.91 |
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| Banana, 1 kg or 2.2 lb | 2 | 1.26 |
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| Water, 1 L or 1 qt | 0.76 | 0.59 |
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Other
| Item | Loreto (Colombia) | Palermo (Colombia) |
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| Gym Membership, 1 month | 15.7 | 21.56 |
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| Cinema Ticket, 1 person | 3.6 | 4.37 |
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| Doctors visit | 27.1 | 26.64 |
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| Haircut, simple | 6.07 | 3.01 |
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| Brand Jeans | 93.87 | 43.56 |
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| Brand Sneakers | 80.52 | 70.81 |
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| Daycare or Preschool, 1 month | 103.34 | 170.45 |
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| International Primary School, 1 year | 2,360 | 2,864 |
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