Cost of Living in Manizales
Summary: Understanding the the cost of living in Manizales helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
Category | Cost |
---|---|
Apartment Rental (1 bedroom in City Center) | Approximately $250 - $350 per month |
Apartment Rental (1 bedroom Outside of City Center) | Approximately $200 - $300 per month |
Apartment Purchase Price (City Center) | Approximately $1,000 - $1,500 per square meter |
Apartment Purchase Price (Outside of City Center) | Approximately $800 - $1,200 per square meter |
Public Transportation (Monthly Pass) | Approximately $30 - $40 |
Taxi (Normal Tariff, 1km) | Approximately $1 - $2 |
Groceries (Milk, Bread, Eggs, Fruits, Vegetables, Chicken, Beef) | Approximately $50 - $100 per week |
Meal at an Inexpensive Restaurant | Approximately $3 - $5 |
Meal for Two People at a Mid-range Restaurant, Three-course | Approximately $20 - $30 |
Utilities (Electricity, Heating, Cooling, Water, Garbage) | Approximately $50 - $100 per month |
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | Approximately $30 - $40 per month |
Private Preschool Tuition (Monthly) | Approximately $150 - $250 |
Private Elementary School Tuition (Yearly) | Approximately $2,000 - $3,000 |
Private Middle School Tuition (Yearly) | Approximately $2,500 - $3,500 |
Private High School Tuition (Yearly) | Approximately $3,000 - $4,000 |
Monthly Budget for Retirees in Manizales
"The cost of living in Manizales is relatively low compared to many other cities around the world. Rent for a one-bedroom apartment in the city center is affordable, 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 are reasonably priced, with local markets offering fresh produce at lower costs. Eating out at an inexpensive restaurant is also quite affordable. Transportation costs are low, with a one-way ticket on local transport being very cheap. Healthcare in Manizales is also affordable, with good quality services available at reasonable prices. Fitness and sports activities like gym memberships are also priced reasonably. However, like any other city, the cost of living can vary greatly depending on your lifestyle and spending habits. For instance, frequent dining at high-end restaurants, shopping for imported goods, or living in upscale neighborhoods can significantly increase your cost of living. Overall, Manizales offers a good quality of life at a lower cost compared to many other cities, making it an attractive destination for expats and retirees," said one expat living in Manizales.
Can I live in Manizales on $1,500 a month?
"I've been living in Manizales 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 be smart about your spending and make some sacrifices. For instance, you might not be able to dine out at high-end restaurants every night or live in the most luxurious neighborhoods. But, you can still enjoy a good quality of life. The cost of living in Manizales is relatively low compared to many other cities. You can find a decent apartment in a safe neighborhood for around $300 to $400 a month. Some of the affordable neighborhoods I'd recommend are La Sultana, Palermo, and El Bosque. They're all safe, have good amenities, and are close to the city center. On the other hand, neighborhoods like El Cable, Palogrande, and La Estrella are more upscale and expensive. They're beautiful, but the cost of living there is significantly higher. If you're trying to stick to a budget, I'd suggest avoiding these areas. Groceries are also quite affordable here. You can expect to spend around $200 to $300 a month on food if you cook at home. Eating out is also relatively cheap, with a meal at a mid-range restaurant costing around $10. Utilities, including electricity, water, and internet, will cost you around $100 a month. Public transportation is also very affordable, with a one-way ticket costing less than a dollar. However, you'll have to make some sacrifices. For instance, imported goods are quite expensive here, so you might have to stick to local products. Also, while healthcare is affordable, it might not be up to the standards you're used to. Overall, living in Manizales on $1,500 a month is doable, but it requires careful budgeting and some sacrifices. But in return, you get to live in a beautiful city with a rich culture and friendly people," commented an expat living in Manizales.
Can I live in Manizales on $3,500 a month?
"I've been living in Manizales 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 other places. For example, you can rent a nice apartment in a good neighborhood for around $500 a month. If you're looking for more upscale neighborhoods, you might want to consider El Cable or Palermo. These areas are a bit more expensive, but they're also safer and have more amenities. However, if you're trying to save money, you might want to avoid these areas. Instead, consider neighborhoods like La Estrella or La Francia. They're still safe and have plenty of amenities, but the cost of living is lower. As for 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. Of course, you'll also need to budget for things like transportation, entertainment, and healthcare. But even with all these expenses, you should still be able to live comfortably on $3,000 a month. The biggest sacrifice you'll probably have to make is adjusting to a different lifestyle. Things move at a slower pace here and the culture is very different from what you're used to. But once you get used to it, I think you'll find that the quality of life here is quite high. Plus, the people are incredibly friendly and welcoming, which makes the adjustment process a lot easier," said one expat living in Manizales.
Can I live in Manizales on $5,000 a month?
"I've been living in Manizales 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 areas like Palermo and La Francia. They are safe, have good amenities, and are close to the city center. On the other hand, if you're looking for more upscale neighborhoods, you might want to consider El Cable or La Estrella. However, the cost of living in these areas is higher, so you might want to avoid them if you're trying to stick to a budget. In terms of other expenses, groceries can cost you around $200 a month, utilities around $100, and a meal at a mid-range restaurant is usually under $10. Public transportation is also quite affordable, with a one-way ticket costing less than a dollar. However, if you prefer to drive, keep in mind that gas prices are higher than in the U.S. As for sacrifices, you might find that some products, especially imported ones, are more expensive here. Also, while healthcare in Colombia is generally good and affordable, it might not be up to the standards you're used to. But overall, I've found that the quality of life here is excellent. The people are friendly, the weather is great, and there's plenty to see and do. So, if you're considering moving to Manizales, I would say go for it. With a budget of $5,000 a month, you can live a comfortable and enjoyable life here," commented an expat living in Manizales.
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.