What Is the Average Rent in Cartagena Colombia?

Are you considering a move to Cartagena, Colombia? One of the key factors to consider when planning your move is the average rent in the city. Knowing the average rental prices will help you determine whether Cartagena is an affordable place to live and what you can expect in terms of housing costs.

So, what is the average rent in Cartagena, Colombia? Let’s delve into the details and explore the rental prices in different areas of the city, as well as factors that influence them.

Key Takeaways:

• The average rent in Cartagena, Colombia varies depending on location and apartment size.
• In the city center, the average rent for a 1-bedroom apartment ranges from COL$1,942,473.18 to COL$2,000,000.00.
• Outside of the city center, the average rent for a 1-bedroom apartment is around COL$800,000.00.
• A larger 3-bedroom apartment in the city center can cost anywhere from COL$1,800,000.00 to COL$5,000,000.00, while outside of the city center it ranges from COL$1,200,000.00 to COL$3,000,000.00.

Cost of Living in Cartagena

The cost of living in Cartagena, Colombia is relatively affordable compared to other cities. The data shows that the total cost of living for one person, including rent, is estimated to be $877 per month. Without rent, the cost of living drops to $522 per month. This includes expenses such as food, transportation, utilities, and leisure activities. For a family of four, the total cost of living including rent is estimated to be $2,177 per month, and without rent, it is $1,522 per month.

Cost Breakdown

Let’s take a closer look at the breakdown of these costs:

• Rent: The average rent for a 1-bedroom apartment in Cartagena can range from COL$1,942,473.18 to COL$2,000,000.00 in the city center, and around COL$800,000.00 outside the city center.
• Food: The cost of groceries and dining out in Cartagena is relatively affordable, with a monthly estimate of $233 for one person and $932 for a family of four.
• Transportation: Local transport tickets and taxi rides are reasonably priced in Cartagena. The average monthly transportation cost for one person is around $70, while it’s $280 for a family of four.
• Utilities: Monthly utility expenses, including electricity, water, and internet, add up to approximately $114 for one person and $457 for a family of four.
• Leisure Activities: Leisure activities, such as going to the cinema or joining a gym, can be enjoyed without breaking the bank. On average, one person can spend around $48 per month, while a family of four can budget $192.

Keep in mind that these are average estimates, and individual spending habits may vary. However, this breakdown provides a general idea of the cost of living in Cartagena.

Rental Prices in Cartagena Compared to Other Cities

When it comes to comparing rental prices in Cartagena to other cities, there are a few key factors to consider. While the average rent in Cartagena may seem relatively high, it is crucial to take into account the overall cost of living in the city.

One important aspect to consider is that while rental prices may be higher in Cartagena, the cost of other daily expenses such as food and transportation can be lower compared to other cities. This can help balance out the higher rental costs and make living in Cartagena more affordable.

Additionally, it’s important to note that rental prices in Cartagena can vary depending on the location and amenities of the apartment. Apartments in the city center may command higher rents than those located outside of the center. Similarly, apartments with additional amenities such as parking, security, or access to public transportation may have higher rental prices.

Before making any decisions about renting in Cartagena, it is highly recommended to conduct thorough research and consider the overall cost of living. Taking the time to compare rental prices in different neighborhoods, as well as the cost of groceries, transportation, and other living expenses, will help ensure that you make an informed decision.

Comparing Rental Prices with Other Cities

When comparing rental prices with other cities, it’s essential to keep in mind that each city has its own unique cost of living. Rental prices alone may not provide an accurate representation of the affordability of a city. Therefore, it’s important to consider the overall cost of living, including factors such as groceries, utilities, transportation, and entertainment.

For example, while the rental prices in Cartagena may be higher than in some other cities, the cost of groceries and transportation expenses may be lower. This can help offset the higher rent and make living in Cartagena more affordable overall.

Additionally, the amenities and quality of life offered in Cartagena should be taken into account when comparing rental prices. Factors such as the city’s natural beauty, vibrant culture, and rich history can add significant value to the overall living experience.

Factors Influencing Rental Prices in Cartagena

When it comes to rental prices in Cartagena, several factors come into play. These factors can greatly influence the cost of renting an apartment in this vibrant Colombian city. By understanding these factors, you can make more informed decisions when searching for rental properties in Cartagena.

Location

Location is a key determinant of rental prices in Cartagena. Apartments situated in the city center tend to command higher rents compared to those located outside of the center. The city center offers convenient access to amenities, entertainment venues, and other attractions, making it a desirable location for many renters. If you prefer a more affordable option, exploring neighborhoods outside of the city center may be a viable alternative.

Size and Condition

The size and condition of the apartment also play a significant role in determining rental prices. Larger apartments typically come with higher price tags due to their increased square footage and additional bedrooms or living spaces. Additionally, apartments that have been recently renovated or are in excellent condition generally command higher rents. It’s important to consider your space requirements and budget when evaluating the size and condition of different apartments.

Amenities

Amenities also influence rental prices in Cartagena. Apartments that offer amenities such as parking facilities, security systems, and access to public transportation may come with higher monthly rents. These added conveniences enhance the overall living experience and can justify the higher costs for some renters. However, if you’re on a tight budget, you may opt for apartments without these extra amenities to save on rental expenses.

By considering these factors—location, size and condition, and amenities—you can better understand how rental prices are determined in Cartagena. These insights will empower you to make informed decisions and find the perfect rental property that suits both your needs and your budget.

Average Apartment Prices in Cartagena

When considering a move to Cartagena, it’s essential to have a clear picture of the housing market. In addition to rental prices, understanding the average prices of apartments for sale can give you valuable insights into the real estate market in this vibrant Colombian city.

According to the available data, the price per square foot to buy an apartment in Cartagena’s city center is not specified, but outside the city center, the average price per square foot is estimated to be around COL$941,688.15. Keep in mind that these prices can vary depending on factors such as the specific location and condition of the apartment.

Whether you’re considering renting or buying, having an understanding of apartment prices in Cartagena will help you make informed decisions about your future home. Take into account your budget, location preferences, and individual priorities as you explore the housing options available in this captivating city.

Comparison of Living Expenses in Cartagena

When considering living expenses in Cartagena, it is beneficial to compare prices for various goods and services. According to the data sources, the cost of groceries such as milk, bread, eggs, and vegetables is relatively affordable in Cartagena. Dining out in restaurants and eating fast food meals also tend to be reasonably priced. Transportation costs, including local transport tickets and taxi rides, are also relatively low. It is essential to review these expenses when planning a budget for living in Cartagena.

By comparing the cost of living in Cartagena to other cities, such as Bogota or Medellin, one can see that Cartagena offers a more affordable lifestyle. The lower living expenses in Cartagena allow residents to enjoy a higher quality of life without breaking the bank. Whether you’re considering moving to Cartagena for work or retirement, the city’s affordable living expenses provide an attractive incentive.

Other Cost of Living Factors in Cartagena

Aside from rent and basic living expenses, there are other factors that contribute to the overall cost of living in Cartagena. These factors include healthcare costs, education expenses, childcare costs, leisure activities, and personal care items. When budgeting for life in Cartagena, it is important to consider these additional expenses.

One of the cost factors to consider is healthcare. Cartagena offers a range of healthcare services, including private clinics and hospitals. The cost of healthcare in Cartagena may vary depending on the type of medical services required and the level of coverage provided by health insurance.

Education expenses are another factor to consider. If you have children, you may need to budget for school fees and other educational expenses. Cartagena has both public and private schools, offering various educational options for families.

Childcare costs can also impact the overall cost of living. If you require childcare services, it is important to research the options available in Cartagena and budget accordingly.

Leisure activities, such as gym memberships and cinema tickets, are additional factors to consider. Cartagena has a vibrant cultural scene with numerous entertainment options. It is important to allocate a budget for leisure activities to fully enjoy what the city has to offer.

Personal care items, including haircuts and beauty treatments, are also part of the cost of living in Cartagena. The prices for these services may vary depending on the location and type of establishment.

By taking into account these additional cost factors, you can create a more comprehensive budget that accurately reflects the cost of living in Cartagena.

Conclusion

In conclusion, Cartagena, Colombia offers a varied range of average rent prices depending on the size and location of the apartment. The cost of living in this vibrant city is relatively affordable compared to other cities, making it an attractive destination for individuals and families looking for an affordable yet enjoyable lifestyle.

When considering renting or living in Cartagena, it is essential to take into account the overall cost of living, including expenses for groceries, transportation, and other factors. Thorough research and careful budgeting will help navigate the rental market and ensure a positive living experience in this beautiful coastal city.

By understanding the different factors that influence rental prices, such as location, size, and amenities, individuals can make informed decisions when searching for their ideal apartment in Cartagena. Additionally, comparing the cost of living in Cartagena to other cities can provide valuable insights into the affordability and value offered by this South American gem.

In summary, Cartagena, Colombia presents an enticing opportunity for individuals to live comfortably at an average rent that suits their budget. With its rich culture, stunning architecture, and affordable cost of living, Cartagena continues to be a desirable destination for those seeking an unforgettable experience in one of Latin America’s most vibrant cities.