Introduction
Colombia has become a popular destination for digital nomads, offering an affordable cost of living and a vibrant culture. Whether you’re working remotely from Medellín’s bustling neighborhoods or enjoying the serene beaches of Cartagena, Colombia provides a lifestyle that doesn’t have to break the bank.
For digital nomads, saving money while living abroad is essential to maintaining a sustainable remote work journey. The good news is that Colombia offers plenty of opportunities to stretch your budget without sacrificing quality of life. From finding affordable accommodations to enjoying free or low-cost activities, this country is full of ways to save.
In this guide, we’ll explore practical tips to help you live affordably as a digital nomad in Colombia. By adopting these strategies, you can focus on your work and enjoy all the incredible experiences Colombia has to offer, without overspending.
Cost of Living in Colombia
One of the main reasons digital nomads are drawn to Colombia is its affordable cost of living. Whether you’re in a bustling city or a tranquil town, the country offers options for every budget.
Accommodation
Housing costs vary depending on the location. In cities like Medellín or Bogotá, you can rent a furnished one-bedroom apartment in a safe neighborhood for $400–$700 USD per month. Smaller towns like Pereira or Santa Marta offer even lower rates, ranging from $250–$500 USD.
Food and Dining
Colombian cuisine is both delicious and budget-friendly. Eating at local restaurants, known as menu del día spots, costs around $3–$5 USD per meal. Grocery shopping in local markets is another great way to save money while enjoying fresh produce.
Transportation
Public transport is highly affordable, with bus rides typically costing less than $1 USD. Apps like Didi and InDriver are convenient and inexpensive alternatives for getting around in cities.
Entertainment
Activities like museum visits and cultural events are often free or low-cost. Even premium experiences, such as guided tours or dining at upscale restaurants, are relatively inexpensive compared to other countries.
With careful budgeting, you can enjoy a high quality of life in Colombia at a fraction of the cost of living in North America or Europe.
Budget-Friendly Tips for Accommodation
Finding affordable and comfortable accommodation is key to saving money as a digital nomad in Colombia. Here are some practical tips to help you secure the best deals:
1. Use Online Platforms
Websites like Airbnb, Booking.com, and Vrbo offer a range of options for short-term and long-term stays. To save more, look for monthly rental discounts or contact hosts directly to negotiate rates.
2. Explore Co-Living Spaces
Co-living spaces are becoming increasingly popular in cities like Medellín and Bogotá. These setups offer fully furnished rooms, shared amenities, and opportunities to network with other digital nomads. Examples include Selina Co-Living and Urban Station.
3. Consider Long-Term Rentals
For stays longer than a month, renting an apartment is often more cost-effective. Platforms like CompartoApto and local Facebook groups are excellent resources for finding shared or private apartments at competitive rates.
4. Choose Neighborhoods Wisely
Opt for safe yet affordable neighborhoods like Laureles in Medellín, Teusaquillo in Bogotá, or Granada in Cali. These areas often provide a balance of cost, safety, and convenience.
5. Avoid Peak Tourist Seasons
Accommodation prices can spike during holidays and festivals. Plan your travels to avoid peak seasons, ensuring lower rental costs and better availability.
By exploring these options, you can enjoy quality accommodations while staying within your budget.
Eating Well on a Budget
Colombia offers delicious food options that cater to every budget. Eating like a local is one of the best ways to save money while still enjoying the country’s rich culinary culture.
1. Try the Menu del Día
Many local restaurants serve a menu del día (menu of the day) for lunch, which typically includes soup, a main dish with protein, rice, salad, juice, and sometimes dessert—all for $3–$5 USD. These meals are filling, affordable, and widely available.
2. Shop at Local Markets
Markets like Plaza Minorista in Medellín or Paloquemao in Bogotá offer fresh produce, meats, and other essentials at much lower prices than supermarkets. Cooking your meals using fresh, locally sourced ingredients can significantly cut costs.
3. Embrace Street Food
Street vendors sell tasty snacks like empanadas, arepas, and fresh tropical fruits for as little as $1 USD. These quick bites are not only affordable but also a great way to experience Colombian culture.
4. Avoid Tourist Traps
Restaurants in tourist-heavy areas often inflate prices. Venture a bit off the beaten path to find hidden gems where locals eat.
5. Take Advantage of Grocery Store Discounts
Chains like Éxito and Jumbo often have weekly promotions on staples like rice, beans, and vegetables. Sign up for loyalty programs to maximize savings.
Eating well in Colombia doesn’t have to be expensive—these tips will help you savor local flavors without overspending.
Transportation Savings
Getting around Colombia is affordable and convenient, with plenty of options to suit any budget. Here’s how digital nomads can save on transportation:
1. Use Public Transport
Colombia’s public transport system is cost-effective. In cities like Bogotá and Medellín, buses and metro systems cost less than $1 USD per ride. Medellín’s metro is especially reliable and easy to navigate.
2. Ride-Sharing Apps
Apps like Didi, InDriver, and Cabify are affordable alternatives to taxis. They are often safer and let you set your budget for a ride in some cases.
3. Intercity Travel on a Budget
For traveling between cities, use bus companies like Expreso Bolivariano or Flota Magdalena, which offer comfortable and economical options. Booking in advance often yields discounts.
4. Walk or Bike When Possible
In walkable cities like Santa Marta or Cartagena, walking is not only free but also a great way to explore. Some cities, such as Bogotá, offer bike rentals through programs like BiciBogotá.
5. Avoid Peak Hours
Traveling during rush hours can lead to higher ride-sharing costs and longer waits. Plan trips during off-peak times to save money and stress.
By using these tips, you can navigate Colombia efficiently while keeping transportation costs low.
Free and Low-Cost Activities
Colombia is rich in natural beauty and cultural experiences, many of which are free or cost very little. Here are some budget-friendly activities to enjoy while living as a digital nomad:
1. Explore Nature
Colombia’s landscapes offer endless opportunities for outdoor adventures. Hike to Monserrate in Bogotá for breathtaking views or visit Parque Arví in Medellín, accessible via the metro cable, for a minimal fee. Many national parks, like Tayrona, have affordable entry fees.
2. Visit Museums and Cultural Sites
Most cities have museums that are free or very cheap. For example, Bogotá’s Museo del Oro charges less than $2 USD, and many museums offer free admission on Sundays.
3. Attend Local Events
Cultural festivals, free concerts, and public art displays are common throughout Colombia. Events like Bogotá’s Ciclovía, where streets are closed to traffic for cyclists and pedestrians, provide a unique way to explore the city.
4. Relax on the Beach
Beaches in Santa Marta, Cartagena, and San Andrés are free to access. Bring your own snacks and drinks to enjoy a day by the sea without spending a fortune.
5. Discover Historic Neighborhoods
Wander through Bogotá’s La Candelaria, Medellín’s Comuna 13, or Cartagena’s walled city to experience Colombia’s history and culture for free.
These activities prove you don’t need to spend a lot to enjoy the best of Colombia.
Financial Tools and Apps
Managing your finances effectively is essential for saving money as a digital nomad in Colombia. Here are some of the best tools and apps to help you stay on budget:
1. Currency Conversion Apps
Use apps like XE Currency or OANDA to keep track of real-time exchange rates. This is especially helpful for budgeting and avoiding overspending when converting your home currency to Colombian pesos.
2. Expense Tracking
Apps like Splitwise or Spendee allow you to monitor your spending habits and split costs when traveling with others. They’re ideal for keeping your finances organized.
3. Mobile Banking
If you have a Colombian bank account, apps like Bancolombia or Davivienda provide easy ways to manage transactions and avoid ATM fees. International nomads can use platforms like Wise or Revolut for lower conversion fees.
4. Transportation and Ride-Sharing Apps
Save on travel costs with apps like Didi, InDriver, or Cabify, which often have promotions for frequent users.
5. Discount Platforms
Keep an eye out for deals on platforms like Groupon Colombia, where you can find discounts on dining, activities, and services.
By leveraging these financial tools and apps, you can stay on top of your budget and maximize savings during your time in Colombia.
Conclusions
Living as a digital nomad in Colombia offers incredible opportunities to enjoy a rich cultural experience while staying on a budget. From affordable housing and delicious local food to budget-friendly transportation and free activities, Colombia makes it easy to live well without overspending. By using the tips and tools in this guide, you can manage your finances effectively while exploring everything this beautiful country has to offer. Whether you’re strolling through historic neighborhoods, enjoying a menu del día, or working from a stunning coworking space, Colombia is a destination where you can thrive personally and professionally.
