Mexico vs Colombia

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.

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 →
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

🛂

Not sure which Colombia visa you qualify for?

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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 →

Battle of Lifestyles

Scroll to compare

MetricMexicoColombia
Travel Advisory
Level 2 — Increased CautionLevel 3 — Reconsider Travel
Quality of Life Index
126.3 +17.5
108.8
Healthcare Index
72.5 +3.968.6
Safety Index
46.6 +7.5
39.1
Cost of Living Index
34.5 26 +8.5
1BR Apartment (Center)$770.88 $445.74 +325.14
1BR Apartment (Outside)$507.48 $343.7 +163.78
3BR Apartment (Center)$1,420.07 $905.91 +514.16
3BR Apartment (Outside)$956.87 $629.52 +327.35
Avg Internet Speed174.1 Mbps +54.1120 Mbps
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.