Cost of Living in Pereira
Summary: Understanding the the cost of living in Pereira helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Cost Category | Estimated Cost |
---|---|
Apartment Rental (1 bedroom in City Center) | $300 - $400 per month |
Apartment Rental (1 bedroom Outside of City Center) | $200 - $300 per month |
Apartment Purchase Price (City Center) | $1,000 - $1,500 per square meter |
Apartment Purchase Price (Outside of City Center) | $800 - $1,200 per square meter |
Public Transportation (Monthly Pass) | $30 - $40 |
Taxi (Normal Tariff, 1km) | $1 - $2 |
Groceries (Monthly, for 1 person) | $150 - $200 |
Meal at an Inexpensive Restaurant | $3 - $5 |
Meal for 2 People, Mid-range Restaurant, Three-course | $20 - $30 |
Utilities (Monthly, for 1 person) | $50 - $70 |
Private Preschool Tuition (Monthly) | $150 - $250 |
Private Elementary School Tuition (Yearly) | $2,000 - $3,000 |
Private Middle School Tuition (Yearly) | $2,500 - $3,500 |
Private High School Tuition (Yearly) | $3,000 - $4,000 |
Monthly Budget for Retirees in Pereira
"The cost of living in Pereira is considered to be relatively affordable compared to other major cities in the country. Rent for a one-bedroom apartment in the city center is quite reasonable, while outside the city center, it is even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite low. Groceries in Pereira are also affordable, with local markets offering fresh produce at lower prices. Eating out at an inexpensive restaurant is also quite cheap, while a three-course meal for two people at a mid-range restaurant is moderately priced. Public transportation in Pereira is very affordable, with a monthly pass costing less than what you would pay in many other cities. Gasoline, however, is somewhat expensive. Healthcare in Pereira is also reasonably priced, with both public and private healthcare services available at lower costs than in many other countries. Overall, the cost of living in Pereira is quite low, making it an attractive option for those looking to live in Colombia," said one expat living in Pereira.
Can I live in Pereira on $1,500 a month?
"I've been living in Pereira for a few years now and I can tell you that it's definitely possible to live comfortably on $1,500 a month, even if you're used to modern amenities. However, you'll have to make some adjustments and sacrifices. For instance, you might not be able to dine out at high-end restaurants or go out for drinks every night. But you can still enjoy a good quality of life. The cost of living in Pereira is relatively low compared to other cities in Colombia. You can find a decent apartment in a safe neighborhood for around $300 to $500 a month. The neighborhoods of Pinares, Cerritos, and Avenida Circunvalar are quite affordable and offer a good quality of life. They have supermarkets, restaurants, and other amenities nearby. On the other hand, neighborhoods like El Poblado and Laureles are more upscale and expensive. You might want to avoid these if you're on a tight budget. Groceries are also quite affordable. You can expect to spend around $200 to $300 a month on groceries. Public transportation is cheap too. A monthly pass costs around $30. Healthcare is another factor to consider. The healthcare system in Colombia is quite good and affordable. You can get a private health insurance plan for around $70 to $100 a month. So, if you add up all these costs, you'll see that it's quite possible to live comfortably on $1,500 a month in Pereira. Of course, you'll have to be mindful of your spending and make some sacrifices. But overall, I think you'll find that life in Pereira is quite enjoyable and affordable," commented an expat living in Pereira.
Can I live in Pereira on $3,500 a month?
"I've been living in Pereira for a few years now and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. The cost of living here is quite low compared to many places in the world. For example, you can rent a nice apartment in a good neighborhood for around $500 to $700 a month. Some of the more affordable neighborhoods that I would recommend are Pinares, Cerritos, and La Francia. These areas are safe, have good infrastructure, and are close to shopping centers, restaurants, and parks. On the other hand, there are also more expensive neighborhoods like El Poblado and Laureles. These areas are very upscale and are popular with expats and wealthy locals. However, the cost of living in these areas can be significantly higher, so they might not be the best choice if you're trying to stick to a budget. In terms of other expenses, groceries will probably cost you around $200 a month, utilities around $100, and a meal at a mid-range restaurant will set you back about $10. Public transportation is also very affordable, with a one-way ticket costing less than a dollar. However, there are some sacrifices you might have to make. For example, imported goods can be quite expensive, so you might have to adjust your shopping habits and opt for local products instead. Also, while healthcare in Colombia is generally good and affordable, the quality can vary and you might not have access to the same level of care as you would back home. But overall, I've found that living in Pereira is a great experience. The people are friendly, the weather is pleasant, and there's plenty to see and do. Plus, with a budget of $3,000 a month, you can live quite comfortably and still have money left over for travel and entertainment," said one expat living in Pereira.
Can I live in Pereira on $5,000 a month?
"I've been living in Pereira for a few years now and I can tell you that living on $5,000 a month is not only possible, but you can live quite comfortably. The cost of living here is significantly lower than in many Western countries. For instance, a nice apartment in a good neighborhood can cost you around $500 to $700 a month. If you're looking for affordable neighborhoods, I would recommend places like Pinares, Cerritos, or Laureles. These are safe, quiet areas with plenty of amenities nearby. On the other hand, if you're looking to splurge a bit, you might want to consider neighborhoods like El Poblado or Ciudad Victoria. These are some of the most expensive areas in the city, with high-end apartments and houses, upscale restaurants, and luxury shops. However, even in these areas, you can find a nice place to live for around $1,000 to $1,500 a month. As for other expenses, groceries will probably cost you around $200 a month, utilities around $100, and a meal at a mid-range restaurant is usually less than $10. Public transportation is also very affordable, with a one-way ticket costing less than a dollar. However, if you prefer to drive, keep in mind that gas prices are a bit high, around $4 per gallon. Health care is also quite affordable, with a visit to a general practitioner costing around $30. However, if you need any specialized treatment, it might be a bit more expensive. Overall, I would say that living in Pereira on $5,000 a month is quite doable. You might have to make some adjustments, like cooking at home more often or using public transportation instead of driving, but these are small sacrifices compared to the quality of life you can enjoy here," commented an expat living in Pereira.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.