Madrid, Colombia

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Est. Monthly Cost (1 Person)
$1007
Retiree Score
60.0
Safety Index
39.1
Healthcare
6 facilities

The population of this Madrid is a mere 112,254 - hardly the thriving metropolis you might expect from the name. While the municipality touts its proximity to Bogotá, the commute is no walk in the park, and the bureaucracy can be a persistent headache. The climate, at least, is tolerable, with temperatures ranging from a chilly 7°C to a mild 20°C year-round. But overall, Madrid, Colombia feels more like a bedroom community than a destination in its own right. Unless you have a specific reason to be here, such as family or work, this sleepy suburb likely won't satisfy those seeking an engaging urban experience.

Can I afford Madrid?

$
✅ Meets Colombia Digital Nomad Visa Income Rule.

You could save

$2053 / month

Savings Rate68%
Rent (Bahamas Average Adjusted)$441
Living Costs $505
39
Safety
6
Healthcare
100
Walkability
5
Nomad

Grocery Basket

Milk (1L)
Bread (loaf)
Eggs (12)
Rice (1kg)
Chicken (1kg)

Eating Out

Meal (Inexpensive)
Meal (Mid-range)
Cappuccino
Water (0.33L)

Utilities & Lifestyle

Utilities (mo)
Mobile Plan (mo)
Gym (mo)
Cinema Ticket

Housing

1BR Center (mo)
1BR Outside (mo)
3BR Center (mo)
3BR Outside (mo)

Expat Life

English Proficiency
Expat Community
Top Neighborhoods
Elevation
2550m
Nearest Airport
BOG (14km)

Local Economy

Avg Monthly Salary
Mortgage Interest Rate
N/A

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
Annual Rainfall
1591 mm
Coworking Spaces
Best Months to Visit
Feb, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec

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