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Bogota vs Raleigh

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Bogota vs Raleigh

Bogota is 74% more affordable for homebuyers. Bogota has a price-to-income ratio of 8.2x compared to 5.2x in Raleigh.

MetricBogotaRaleigh
Avg Home Price$100,000$380,000
Price / sqm$1,800$3,500
Rent (1BR)$450/mo$1,400/mo
Rent (3BR)$800/mo$2,100/mo
Price-to-Income8.2x5.2x
Mortgage Rate12.5%6.8%
1yr Change+2.5%+3.5%
Median Income$12,000/yr$73,000/yr
Population7,400,000470,000
BogotaView full details โ†’RaleighView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Bogota or Raleigh more expensive?
Bogota is more affordable. Home prices differ by $280,000 (74%).
Which city has cheaper rent, Bogota or Raleigh?
Rent for a 1BR in Bogota is $450/mo vs $1,400/mo in Raleigh.

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