Cost of living
Palermo (Colombia) compared to Socorro (Colombia)
🏛️
Overview comparison
Palermo (Colombia)Socorro (Colombia)
Consumer prices in Palermo (Colombia) are roughly 2% higher than in Socorro (Colombia).
Cost of living
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| Total with rent one person | 689 | 561 |
|---|
| Total with rent family | 1,125 | 1,533 |
|---|
| Without rent one person | 357 | 268 |
|---|
| Without rent one family | 1,180 | 853 |
|---|
| Rent & Utilities person | 237.33 | 223.58 |
|---|
| Rent & Utilities family | 393.27 | 344.39 |
|---|
| Food person | 255 | 190 |
|---|
| Food family | 654 | 663 |
|---|
| Transport person | 36.89 | 42.66 |
|---|
| Transport family | 130.22 | 136.78 |
|---|
| Life expectancy | 79.61 years | 81.3 years |
|---|
Eating Out
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| Lunch Menu | 5.68 | 4.85 |
|---|
| Dinner in a Restaurant, for 2 | 24.15 | 25.24 |
|---|
| Fast food meal, equiv. McDonald's | 7.89 | 6.64 |
|---|
| Beer in a Pub, 0.5 L or 16 fl oz | 1.03 | 1.41 |
|---|
| Cappuccino | 1.84 | 1.88 |
|---|
| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.88 | 0.71 |
|---|
Rent & Utilities
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 261.14 | 268.85 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 196.76 | 147.75 |
|---|
| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 345.43 | 411.63 |
|---|
| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 226.89 | 193.86 |
|---|
| Utility Bill one person, electricity, heating, water, etc. | 46.89 | 57.99 |
|---|
| Utility Bill for a Family, electricity, heating, water, etc. | 88.49 | 71.64 |
|---|
| Internet plan, 25 Mbps+ 1 month unlimited | 18.6 | 17.45 |
|---|
Transportation
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| Local transport ticket | 11.17 | 12.1 |
|---|
| Monthly ticket local transport | 1,021 | 1,014 |
|---|
| Taxi Ride, 8 km or 5 mi | 752 | 725 |
|---|
| Gas / Petrol, 1 L or 0.26 gal | 0.69 | 0.79 |
|---|
| Mortgage Interest Rate for 20 Years | 39.87% | 34.05% |
|---|
| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.24 | 17.44 |
|---|
| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.88 | 0.89 |
|---|
Groceries
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| Milk, 1 L or 1 qt | 1.06 | 0.9 |
|---|
| Bread, 0.5 kg or 1.1 lb | 1.05 | 1 |
|---|
| Eggs, x12 | 2.04 | 2.24 |
|---|
| Cheese, 1 kg or 2.2 lb | 3.91 | 5.01 |
|---|
| Chicken Breast, 1 kg or 2.2 lb | 2.44 | 3.35 |
|---|
| Round Steak, 1 kg or 2.2 lb | 5.91 | 7.63 |
|---|
| Banana, 1 kg or 2.2 lb | 1.26 | 1.08 |
|---|
| Water, 1 L or 1 qt | 0.59 | 0.49 |
|---|
Other
| Item | Palermo (Colombia) | Socorro (Colombia) |
|---|
| Gym Membership, 1 month | 21.56 | 17.11 |
|---|
| Cinema Ticket, 1 person | 4.37 | 3.88 |
|---|
| Doctors visit | 26.64 | 25.47 |
|---|
| Haircut, simple | 3.01 | 3.08 |
|---|
| Brand Jeans | 43.56 | 57.76 |
|---|
| Brand Sneakers | 70.81 | 77.36 |
|---|
| Daycare or Preschool, 1 month | 170.45 | 168.05 |
|---|
| International Primary School, 1 year | 2,864 | 2,922 |
|---|
