October 16, 2024

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Bogota 4th most expensive LatAm city for expats

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Bogota 4th most expensive LatAm city for expats  Colombia Reports

Colombia news - Bogota

Colombia’s capital Bogota is Latin America’s fourth most expensive city for expats, a recently released study showed.

Latin America’s most expensive cities

  1. Sao Paulo (BRA)
  2. Rio de Janeiro (BRA)
  3. Caracas (VEN)
  4. Bogota (COL)
  5. Brasilia (BRA)

According to the 2012 Expat Cost of Living Ranking, Bogota stands behind Sao Paulo,
Rio de Janeiro and Caracas.

Worldwide, the Colombian capital climbed eight places to become the 28th most expensive city for expats.

The surge of Bogota is partly due to the euro crisis; all cities within the Eurozone have disappeared from the top 30 because of their currency’s low value.

The world’s most expensive city for expats continues to be Japan’s capital Tokyo, followed by Luanda in Angola and Moscow, Russia.

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This article has been archived by Slow Travel News for your research. The original version from Colombia Reports can be found here.

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