Colombia vs Mexico

Colombia costs roughly 33% less than Mexico, though Mexico has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.

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Colombia is approximately 33% less expensive than Mexico based on cost of living including rent. This makes Colombia a more budget-friendly option for expats considering a move.

Colombia has a FIRE Score of 89/100, indicating its suitability for financial independence and early retirement. The country's safety index is 39.1, suggesting moderate safety levels.

Recommended profile: Colombia is ideal for GeoArbitragers and remote workers looking to maximize savings.

Overall Winner

Colombia

Bogotá

Reconsider TravelThe US State Dept advises against travel to Colombia. This is reflected in the FIRE, Nomad & Retiree scores below. View official advisory →

About Colombia

Best for digital nomads thanks to a low-cost lifestyle and a straightforward Digital Nomad Visa requiring only $750/month income. Rent in a city center averages just $445.74/month, and total monthly costs (excluding rent) are $571.50—far below typical US expenses. However, safety is a major concern with a high crime index (67.4) and a US Travel Advisory Level 3, requiring caution.

Monthly Savings

$1,983/mo

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Rent Per Month

1 Bedroom (City Centre)
$446
1 Bedroom (Outside Centre)
$344
3 Bedroom (City Centre)
$906
3 Bedroom (Outside Centre)
$630

Attractiveness Scores

FIRE Score
89/100
Retiree Score
51/100
Nomad Score
67/100


Country Details →

Mexico

Mexico City

About Mexico

Mexico best suits retirees seeking a low-cost, visa-friendly path to residency, with a clear pathway to citizenship after four years. Its cost of living index is 34.5 versus New York City, and a one-bedroom in the city center averages $771 per month. The trade-off is persistent safety and political stability concerns—crime index sits at 53.4 and political stability at just 22.7.

Monthly Savings

$1,527/mo

🛂

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Rent Per Month

1 Bedroom (City Centre)
$771
1 Bedroom (Outside Centre)
$507
3 Bedroom (City Centre)
$1,420
3 Bedroom (Outside Centre)
$957

Attractiveness Scores

FIRE Score
74/100
Retiree Score
61/100
Nomad Score
74/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricColombiaMexico
Travel Advisory
Level 3 — Reconsider TravelLevel 2 — Increased Caution
Quality of Life Index
108.8
126.3 +17.5
Healthcare Index
68.6 72.5 +3.9
Safety Index
39.1
46.6 +7.5
Cost of Living Index
26 +8.534.5
1BR Apartment (Center)$445.74 +325.14$770.88
1BR Apartment (Outside)$343.7 +163.78$507.48
3BR Apartment (Center)$905.91 +514.16$1,420.07
3BR Apartment (Outside)$629.52 +327.35$956.87
Avg Internet Speed120 Mbps 174.1 Mbps +54.1
FAQ

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.