Cost of living
Palermo (Colombia) compared to Ipiales
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Overview comparison
Palermo (Colombia)Ipiales
Consumer prices in Ipiales are roughly 6% higher than in Palermo (Colombia).
Cost of living
| Item | Palermo (Colombia) | Ipiales |
|---|
| Total with rent one person | 689 | 546 |
|---|
| Total with rent family | 1,125 | 1,022 |
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| Without rent one person | 357 | 346 |
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| Without rent one family | 1,180 | 934 |
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| Rent & Utilities person | 237.33 | 170.22 |
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| Rent & Utilities family | 393.27 | 309.71 |
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| Food person | 255 | 193 |
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| Food family | 654 | 601 |
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| Transport person | 36.89 | 37.58 |
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| Transport family | 130.22 | 98.15 |
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| Life expectancy | 79.61 years | 69.05 years |
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Eating Out
| Item | Palermo (Colombia) | Ipiales |
|---|
| Lunch Menu | 5.68 | 3.18 |
|---|
| Dinner in a Restaurant, for 2 | 24.15 | 17.38 |
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| Fast food meal, equiv. McDonald's | 7.89 | 7.25 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.03 | 1.17 |
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| Cappuccino | 1.84 | 1.85 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.88 | 0.85 |
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Rent & Utilities
| Item | Palermo (Colombia) | Ipiales |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 261.14 | 209.43 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 196.76 | 140.29 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 345.43 | 369.95 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 226.89 | 288.02 |
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| Utility Bill one person, electricity, heating, water, etc. | 46.89 | 26.37 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 88.49 | 48.55 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 18.6 | 18.97 |
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Transportation
| Item | Palermo (Colombia) | Ipiales |
|---|
| Local transport ticket | 11.17 | 15.07 |
|---|
| Monthly ticket local transport | 1,021 | 1,839 |
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| Taxi Ride, 8 km or 5 mi | 752 | 1,019 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.69 | 0.58 |
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| Mortgage Interest Rate for 20 Years | 39.87% | 29.28% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.24 | 11.18 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.88 | 0.95 |
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Groceries
| Item | Palermo (Colombia) | Ipiales |
|---|
| Milk, 1 L or 1 qt | 1.06 | 1 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.05 | 1.31 |
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| Eggs, x12 | 2.04 | 2.25 |
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| Cheese, 1 kg or 2.2 lb | 3.91 | 5.93 |
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| Chicken Breast, 1 kg or 2.2 lb | 2.44 | 5.46 |
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| Round Steak, 1 kg or 2.2 lb | 5.91 | 7.77 |
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| Banana, 1 kg or 2.2 lb | 1.26 | 0.9 |
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| Water, 1 L or 1 qt | 0.59 | 0.47 |
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Other
| Item | Palermo (Colombia) | Ipiales |
|---|
| Gym Membership, 1 month | 21.56 | 22.7 |
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| Cinema Ticket, 1 person | 4.37 | 3.45 |
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| Doctors visit | 26.64 | 13.93 |
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| Haircut, simple | 3.01 | 4.53 |
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| Brand Jeans | 43.56 | 43.45 |
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| Brand Sneakers | 70.81 | 55.1 |
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| Daycare or Preschool, 1 month | 170.45 | 173.91 |
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| International Primary School, 1 year | 2,864 | 2,981 |
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