Cost of living
Loreto (Colombia) compared to Velez
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Overview comparison
Loreto (Colombia)Velez
Consumer prices in Loreto (Colombia) are roughly 20% higher than in Velez.
Cost of living
| Item | Loreto (Colombia) | Velez |
|---|
| Total with rent one person | 626 | 601 |
|---|
| Total with rent family | 1,764 | 1,428 |
|---|
| Without rent one person | 421 | 375 |
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| Without rent one family | 1,127 | 865 |
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| Rent & Utilities person | 243.05 | 293.74 |
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| Rent & Utilities family | 525.16 | 384.73 |
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| Food person | 405 | 226 |
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| Food family | 803 | 521 |
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| Transport person | 45.85 | 50.47 |
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| Transport family | 105.53 | 136.84 |
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| Life expectancy | 74.96 years | 70.28 years |
|---|
Eating Out
| Item | Loreto (Colombia) | Velez |
|---|
| Lunch Menu | 8.94 | 4.38 |
|---|
| Dinner in a Restaurant, for 2 | 37.8 | 19.08 |
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| Fast food meal, equiv. McDonald's | 6.62 | 7.24 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.67 | 1.36 |
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| Cappuccino | 2.43 | 1.89 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.57 | 0.85 |
|---|
Rent & Utilities
| Item | Loreto (Colombia) | Velez |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 281.55 | 212.5 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 216.5 | 168.45 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 376.22 | 352.91 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 358.35 | 267.14 |
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| Utility Bill one person, electricity, heating, water, etc. | 52.43 | 63.29 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 78.99 | 75.01 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 18.75 | 17.74 |
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Transportation
| Item | Loreto (Colombia) | Velez |
|---|
| Local transport ticket | 42.35 | 12.03 |
|---|
| Monthly ticket local transport | 2,055 | 918 |
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| Taxi Ride, 8 km or 5 mi | 1,701 | 698 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.4 | 0.79 |
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| Mortgage Interest Rate for 20 Years | 9.41% | 33.8% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 7.36 | 15.39 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.88 | 0.7 |
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Groceries
| Item | Loreto (Colombia) | Velez |
|---|
| Milk, 1 L or 1 qt | 1.02 | 1.15 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.36 | 1.28 |
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| Eggs, x12 | 1.39 | 1.86 |
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| Cheese, 1 kg or 2.2 lb | 6.01 | 4.48 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.46 | 3.35 |
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| Round Steak, 1 kg or 2.2 lb | 8.69 | 6.6 |
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| Banana, 1 kg or 2.2 lb | 2 | 1.13 |
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| Water, 1 L or 1 qt | 0.76 | 0.49 |
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Other
| Item | Loreto (Colombia) | Velez |
|---|
| Gym Membership, 1 month | 15.7 | 18.4 |
|---|
| Cinema Ticket, 1 person | 3.6 | 4.36 |
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| Doctors visit | 27.1 | 24.27 |
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| Haircut, simple | 6.07 | 4.38 |
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| Brand Jeans | 93.87 | 48.13 |
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| Brand Sneakers | 80.52 | 75.42 |
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| Daycare or Preschool, 1 month | 103.34 | 210.14 |
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| International Primary School, 1 year | 2,360 | 3,312 |
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