Bogota vs Raleigh
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics
๐ก 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.
| Metric | Bogota | Raleigh |
|---|---|---|
| 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-Income | 8.2x | 5.2x |
| Mortgage Rate | 12.5% | 6.8% |
| 1yr Change | +2.5% | +3.5% |
| Median Income | $12,000/yr | $73,000/yr |
| Population | 7,400,000 | 470,000 |
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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.
โ OECD, Numbeo & National Statisticsโ 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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