Cost Of Living For a Student in Bello 2025

Student cost of living chart - average monthly expenditure in Bello

Average Monthly Expenditure

Currency: COP
630,000 4.2M 28M
MINIMUM AVERAGE MAXIMUM
$160 $1,100 $7,000

Average monthly spending for students in Bello

How much money does a student need in a month to survive in Bello?

Students in Bello spend around 4.2M COP per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 630,000 COP or as high as 28M COP. Location is a very important factor and has a huge influence on expenditure and budget.


Prices and cost of goods and services in Bello


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Bello

Dining, food, and beverages costs


Fast food combo meal

8,600 COP 17,000 COP 29,000 COP
MINIMUM AVERAGE MAXIMUM
$2.2 $4.4 $7.3

Restaurant meal for one

29,000 COP 43,000 COP 86,000 COP
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

Fine dining meal for one

57,000 COP 86,000 COP 340,000 COP
MINIMUM AVERAGE MAXIMUM
$14 $22 $87

Cappuccino or latte

7,200 COP 11,000 COP 17,000 COP
MINIMUM AVERAGE MAXIMUM
$1.8 $2.9 $4.4

Grocery and market costs


Milk large bottle

5,700 COP 6,900 COP 8,600 COP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.7 $2.2

12 eggs

4,300 COP 5,700 COP 8,600 COP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.2

Fresh whole chicken

9,800 COP 13,000 COP 18,000 COP
MINIMUM AVERAGE MAXIMUM
$2.5 $3.2 $4.5

Pack of beef

11,000 COP 17,000 COP 34,000 COP
MINIMUM AVERAGE MAXIMUM
$2.9 $4.4 $8.7

Medium bag of rice

4,600 COP 6,300 COP 9,000 COP
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.3

Bag of tomatos

1,700 COP 2,300 COP 4,300 COP
MINIMUM AVERAGE MAXIMUM
$0.44 $0.58 $1.1

Bag of apples

3,100 COP 4,000 COP 6,600 COP
MINIMUM AVERAGE MAXIMUM
$0.78 $1 $1.7
Chart showing the prices and cost of commute, travel, and transportation in Bello


Commute, travel, and transportation costs


20 minutes taxi ride

7,100 COP 8,600 COP 17,000 COP
MINIMUM AVERAGE MAXIMUM
$1.8 $2.2 $4.3

Average car full tank

43,000 COP 57,000 COP 110,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $15 $29

Average car 1-day rental

43,000 COP 57,000 COP 85,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $14 $22

Average car price

21M COP 43M COP 57M COP
MINIMUM AVERAGE MAXIMUM
$5,400 $11,000 $15,000

Bus ticket one way

1,400 COP 2,100 COP 4,300 COP
MINIMUM AVERAGE MAXIMUM
$0.36 $0.54 $1.1

Car Service

57,000 COP 85,000 COP 170,000 COP
MINIMUM AVERAGE MAXIMUM
$14 $22 $43
Chart showing the prices and cost of utility, energy, water, and gas in Bello


Utility cost (monthly)


Utility Bill - Student

25,000 COP 170,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$6.4 $42 $280

Internet and cable

43,000 COP 86,000 COP 110,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $22 $29

Mobile phone charges

34,000 COP 57,000 COP 170,000 COP
MINIMUM AVERAGE MAXIMUM
$8.7 $15 $44

Leisure and activities costs


Movie ticket

21,000 COP 29,000 COP 43,000 COP
MINIMUM AVERAGE MAXIMUM
$5.4 $7.3 $11

One month gym membership

68,000 COP 85,000 COP 170,000 COP
MINIMUM AVERAGE MAXIMUM
$17 $22 $43
Chart showing the prices and cost of clothing and accessories in Bello


Cloths and accessories costs


Pair of jeans or pants

50,000 COP 71,000 COP 110,000 COP
MINIMUM AVERAGE MAXIMUM
$13 $18 $27

Woman dress

47,000 COP 65,000 COP 210,000 COP
MINIMUM AVERAGE MAXIMUM
$12 $17 $54

Woman shoes

45,000 COP 61,000 COP 140,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $15 $36

Men's shoes

39,000 COP 47,000 COP 95,000 COP
MINIMUM AVERAGE MAXIMUM
$9.8 $12 $24

Men suit

43,000 COP 53,000 COP 280,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $13 $72

Regular t-shirt

21,000 COP 28,000 COP 85,000 COP
MINIMUM AVERAGE MAXIMUM
$5.4 $7.2 $22
Chart showing the prices and cost of housing, accommodation, and rent in Bello


Housing costs / monthly rent


Studio apartment

710,000 COP 1.1M COP 2.8M COP
MINIMUM AVERAGE MAXIMUM
$180 $270 $720

1-bedroom apartment

1.1M COP 1.7M COP 4.3M COP
MINIMUM AVERAGE MAXIMUM
$270 $430 $1,100

2-bedroom apartment

1.4M COP 2.1M COP 5.7M COP
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,400

Housing costs / Buying


Studio apartment

140M COP 210M COP 430M COP
MINIMUM AVERAGE MAXIMUM
$36,000 $54,000 $110,000

1-bedroom apartment

170M COP 280M COP 1,100M COP
MINIMUM AVERAGE MAXIMUM
$43,000 $72,000 $270,000

2-bedroom apartment

280M COP 850M COP 1,700M COP
MINIMUM AVERAGE MAXIMUM
$72,000 $220,000 $430,000
Chart showing the prices and cost of furniture in Bello


Furniture Costs


King Size Bed

860,000 COP 1.1M COP 1.4M COP
MINIMUM AVERAGE MAXIMUM
$220 $270 $360

Double Bed

570,000 COP 860,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$150 $220 $270

Single Bed

510,000 COP 660,000 COP 860,000 COP
MINIMUM AVERAGE MAXIMUM
$130 $170 $220

Living Room

960,000 COP 1.2M COP 4.3M COP
MINIMUM AVERAGE MAXIMUM
$240 $310 $1,100

Dining Table

430,000 COP 570,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$110 $150 $270

Sofa or Couch

570,000 COP 780,000 COP 1.7M COP
MINIMUM AVERAGE MAXIMUM
$150 $200 $440
Chart showing the prices and cost of electronic devices and appliances in Bello


Electronics and House Appliance Costs


TV Set

570,000 COP 860,000 COP 1.7M COP
MINIMUM AVERAGE MAXIMUM
$150 $220 $440

Fridge or Freezer

510,000 COP 780,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$130 $200 $270

Washing Machine

660,000 COP 960,000 COP 1.7M COP
MINIMUM AVERAGE MAXIMUM
$170 $240 $440

Stove or Cooker

610,000 COP 780,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$160 $200 $270

Mobile Phone

720,000 COP 860,000 COP 1.2M COP
MINIMUM AVERAGE MAXIMUM
$180 $220 $310

Laptop or Computer

780,000 COP 960,000 COP 1.7M COP
MINIMUM AVERAGE MAXIMUM
$200 $240 $440
Distribution of monthly cost of living expenses of a student in Bello

How do students spend their money in Bello?

We asked thousands of students about their spending habits and expenditure break down.

Housing and accomodation expenditure for students

Accomodation Cost17%

17% of total expenses on average (12% to 23%)

LOW$38   150,000 COP
AVERAGE$250   1,000,000 COP
HIGH$1,700   6.7M COP
Per Month

Students in Bello typically spend from 12% to 23% of their total monthly expenditure on housing with 17% being the average. The average monthly spend on housing is 1,000,000 COP with expenditure ranging from 150,000 COP to 6.7M COP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for students

Cost of utilities7%

7% of total expenses on average (5% to 11%)

LOW$6.4   25,000 COP
AVERAGE$42   170,000 COP
HIGH$280   1.1M COP
Per Month

Utility expenditure like electricity, water, and gas in Bello ranges from 5% to 11% of total expenses with 7% being the average for most students. The average monthly cost of utilities is 170,000 COP with 25,000 COP and 1.1M COP being the upper and lower limits for a student of four.

Transport, fuel, and commute expenditure for students

Cost of transport and fuel4%

4% of total expenses on average (4% to 10%)

LOW$11   44,000 COP
AVERAGE$74   290,000 COP
HIGH$490   1.9M COP
Per Month

Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 44,000 COP to 1.9M COP in a month on commuting with 290,000 COP being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.

Food, groceries, and basic shopping expenditure for students

Food and Groceries Cost23%

23% of total expenses on average (17% to 27%)

LOW$32   130,000 COP
AVERAGE$210   830,000 COP
HIGH$1,400   5.5M COP
Per Month

The average outlay on groceries and basic houshold items for a typical student in a month in Bello is 830,000 COP. The cost of groceries can range between 130,000 COP to 5.5M COP. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.

Healthcare and medical services expenditure for students

Cost of healthcare9%

9% of total expenses on average (6% to 12%)

LOW$9.6   38,000 COP
AVERAGE$63   250,000 COP
HIGH$420   1.7M COP
Per Month

Students in Bello allocate 6% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 38,000 COP to 1.7M COP with 250,000 COP being the norm for most students.

Leisure and shopping expenditure for students

Cost of leisure and shopping2%

2% of total expenses on average (2% to 6%)

LOW$8   32,000 COP
AVERAGE$53   210,000 COP
HIGH$350   1.4M COP
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 32,000 COP to 1.4M COP with 210,000 COP being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 2% for most students.

Education and schooling expenditure for students

Cost of education and schooling18%

18% of total expenses on average (11% to 23%)

LOW$30   120,000 COP
AVERAGE$200   790,000 COP
HIGH$1,300   5.3M COP
Per Month

Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 790,000 COP per month with 120,000 COP being the minimum spent amount and 5.3M COP being the maximum.

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$24   95,000 COP
AVERAGE$160   620,000 COP
HIGH$1,100   4.2M COP
Per Month
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for students to live in Bello

Affordable living in Bello

Income and cost of living compatibility

We asked students one simple question and recorded their answers.

Is it affordable or economical to live in Bello?


Yes
60%
No
41%

Around 60% of surveyed students think that living in Bello is affordable with proper budgeting while 41% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for students. Are there plenty of low-cost options in Bello

Low-cost alternatives in Bello

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked students how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options56%

Few low-cost options44%


Based on the survey, 56% of the students living in Bello have no problem finding low-cost alternatives to support a frugal lifestyle while 44% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Students

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked students of Bello whether they have an emergency fund and the answers were as follows.

Yes60%

No41%


Based on the survey, 41% of the students living in Bello said that they don't have an emergency fund while 60% said that they do.

Financial literacy and difficulty in budgeting and financial planning for students in Bello

Financial Literacy in Colombia

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy58%


We asked student guardians and parents in Bello whether they acquired any adequate personal financial training in their lives. Approximately 42% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 58% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether students of Colombia have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 33% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 67% said that they have everything under control.

Struggles with finance33%

Easily manages finances67%

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Bello

Housing costs, accommodation, and housing affordability in Bello

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Bello

Monthly Rent Prices

Studio apartment monthly rent cost

710,000 COP 1.1M COP 2.8M COP
MINIMUM AVERAGE MAXIMUM
$180 $270 $720

1-bedroom apartment monthly rent cost

1.1M COP 1.7M COP 4.3M COP
MINIMUM AVERAGE MAXIMUM
$270 $430 $1,100

2-bedroom apartment monthly rent cost

1.4M COP 2.1M COP 5.7M COP
MINIMUM AVERAGE MAXIMUM
$360 $540 $1,400

3-bedroom apartment monthly rent cost

1.7M COP 2.8M COP 7.7M COP
MINIMUM AVERAGE MAXIMUM
$430 $720 $2,000

Furnished apartment monthly rent cost

3.4M COP 8.5M COP 17M COP
MINIMUM AVERAGE MAXIMUM
$860 $2,200 $4,300

Townhouse monthly rent cost

2.8M COP 4.3M COP 12M COP
MINIMUM AVERAGE MAXIMUM
$720 $1,100 $3,100

House monthly rent cost

3.4M COP 8.5M COP 17M COP
MINIMUM AVERAGE MAXIMUM
$860 $2,200 $4,300

Villa monthly rent cost

4.3M COP 11M COP 17M COP
MINIMUM AVERAGE MAXIMUM
$1,100 $2,700 $4,300

The monthly rental cost of a studio apartment in Bello ranges between 710,000 COP and 2.8M COP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 1.1M COP to 4.3M COP. Two-bedroom rentals rate ranges between 1.4M COP and 5.7M COP per month. The monthly rental for a three-bedroom apartment ranges from 1.7M COP to 7.7M COP. The average rent of a townhouse in Bello is around 4.3M COP while house rental costs can be as high as 8.5M COP per month. Finally, if you want to rent a villa, expect to pay anywhere from 4.3M COP to 17M COP per month.



Apartment and house prices in Bello

Cost of buying a property

Studio apartment price

140M COP 210M COP 430M COP
MINIMUM AVERAGE MAXIMUM
$36,000 $54,000 $110,000

1-bedroom apartment price

170M COP 280M COP 1,100M COP
MINIMUM AVERAGE MAXIMUM
$43,000 $72,000 $270,000

2-bedroom apartment price

280M COP 850M COP 1,700M COP
MINIMUM AVERAGE MAXIMUM
$72,000 $220,000 $430,000

3-bedroom apartment price

950M COP 1,400M COP 4,300M COP
MINIMUM AVERAGE MAXIMUM
$240,000 $360,000 $1.1M

Townhouse price

1,200M COP 2,800M COP 11,000M COP
MINIMUM AVERAGE MAXIMUM
$310,000 $720,000 $2.7M

House price

1,400M COP 8,500M COP 12,000M COP
MINIMUM AVERAGE MAXIMUM
$360,000 $2.2M $3.1M

Villa price

1,700M COP 9,500M COP 14,000M COP
MINIMUM AVERAGE MAXIMUM
$430,000 $2.4M $3.6M

The average price of a studio apartment in Bello can range from 140M COP to 430M COP depending on location. One bedroom cost can be anywhere from 170M COP to 1,100M COP. A villa can cost you 9,500M COP on average with prices ranging from 1,700M COP to 14,000M COP.


If you're leasing or purchasing, housing costs in Bello will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


31 x89 monthly income 186
MINIMUM AVERAGE MAXIMUM

Property prices in Bello can be x89 to x186 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x89 multiples of the average monthly salary in Bello.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


18% 27% of income 37%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Bello is around 27%. This means that people pay 27% of their income for rent. Those figures can range from 18% to 37% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
25%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.8%
AVERAGE
2.8%
TO
3.7%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


13,000 COP 160,000 COP 1.6M COP
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Bello

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Bello

Utility Bill Cost / Electricity + Water + Gas / Student

25,000 COP 170,000 COP 1.1M COP
MINIMUM AVERAGE MAXIMUM
$6.4 $42 $280

Internet and cable cost

43,000 COP 86,000 COP 110,000 COP
MINIMUM AVERAGE MAXIMUM
$11 $22 $29

Mobile phone bill and charges

34,000 COP 57,000 COP 170,000 COP
MINIMUM AVERAGE MAXIMUM
$8.7 $15 $44

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of students is around 170,000 COP. The cost of internet and WiFi ranges from 43,000 COP to 110,000 COP with 86,000 COP being the average internet bill. Finally, the average monthly mobile charges is around 57,000 COP but can range between 34,000 COP and 170,000 COP depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


2.8% 5.7% of income 9.5%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Bello is around 5.7%. This means that people pay 5.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.8% to 9.5% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Bello

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Bello

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

8,600 COP 17,000 COP 29,000 COP
MINIMUM AVERAGE MAXIMUM
$2.2 $4.4 $7.3

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Bello is approximatly 17,000 COP with meal cost ranging from 8,600 COP to 29,000 COP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

29,000 COP 43,000 COP 86,000 COP
MINIMUM AVERAGE MAXIMUM
$7.2 $11 $22

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 29,000 COP and 86,000 COP with 43,000 COP being the average price of a plate for one person at a regular restaurant in Bello.

Fine dining meal for one price

57,000 COP 86,000 COP 340,000 COP
MINIMUM AVERAGE MAXIMUM
$14 $22 $87

The price range of a meal at fine-dining restaurant is 57,000 COP to 340,000 COP with the average cost being 86,000 COP for one person. This is what you would expect to pay a top-tier diner in Bello.

Beverage prices, cappuccino, latte etc..

7,200 COP 11,000 COP 17,000 COP
MINIMUM AVERAGE MAXIMUM
$1.8 $2.9 $4.4

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Bello is around 11,000 COP. Price ranges between 7,200 COP and 17,000 COP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

5,700 COP 6,900 COP 8,600 COP
MINIMUM AVERAGE MAXIMUM
$1.5 $1.7 $2.2

The average price of a large bottle of milk in Bello is 6,900 COP. The maximum what you would pay for milk is 8,600 COP and the minimum being 5,700 COP depending on the brand of milk and other properties.

12 eggs price

4,300 COP 5,700 COP 8,600 COP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.5 $2.2

A dozen eggs costs around 5,700 COP on average with 4,300 COP and 8,600 COP being the lower and upper limits respectively.

Fresh whole chicken price

9,800 COP 13,000 COP 18,000 COP
MINIMUM AVERAGE MAXIMUM
$2.5 $3.2 $4.5

The price range of a fresh whole chicken in Bello is between 9,800 COP and 18,000 COP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 13,000 COP.

Pack of beef price

11,000 COP 17,000 COP 34,000 COP
MINIMUM AVERAGE MAXIMUM
$2.9 $4.4 $8.7

The price of a regular pack of beef or meat is around 17,000 COP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

4,600 COP 6,300 COP 9,000 COP
MINIMUM AVERAGE MAXIMUM
$1.2 $1.6 $2.3

A bag of rice in Bello costs around 6,300 COP on average with prices rangeing between 4,600 COP and 9,000 COP depending on the brand and quality.

Bag of tomatos price

1,700 COP 2,300 COP 4,300 COP
MINIMUM AVERAGE MAXIMUM
$0.44 $0.58 $1.1

A bag of tomatoes costs anywhere from 1,700 COP to 4,300 COP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

3,100 COP 4,000 COP 6,600 COP
MINIMUM AVERAGE MAXIMUM
$0.78 $1 $1.7

A bag of apples costs 4,000 COP on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


18% 26% of income 31%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Bello is around 26%. This means that students spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 31% depending on salary and location.


Expenditure on food and grocery for students

Students' spending on grocery ranges from 130,000 COP to 5.5M COP with the location, income, and size of the student being the most determinite factors.

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