The Best Places To Retire In 2025 Report
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THE 10 BEST PLACES TO RETIRE IN 2025

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Cali, Colombia

Santiago de Cali is considered the salsa capital of Colombia. Find information on Cali, including cost of living figures.


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Cali, Colombia: One Of The World's Top Overseas Retirement Havens

tree-lined highway in Cali Colombia

Known as Cali, Santiago de Cali is considered the salsa capital of Colombia and the “city of eternal summer.”

Cali is one of the oldest cities in the Americas, founded in 1536 by the Spaniards, the area having been inhabited by indigenous tribes before their arrival.

Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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Located in a valley with mountains to the west, the Cauca River to the east and plains to the north and south. Cali is situated at 3,340 feet (1,018 meters), with a warm climate and little pollution.

The official language of Colombia (and Cali) is Spanish, used for all government transactions, as well as in most business situations.

You’ll find many of the typical conveniences that you’re used to back home, from shopping malls to boutiques, large banks with branches around the city, and tons of great dining options.

With 150 multinational companies located in Cali, your job prospects are much greater than some of South America’s other top destinations.

Cost Of Living In Cali

In Cali, you can choose from a wide range of lifestyles. Whether renting in the city center or purchasing a property on the outer edge, you’ll  get great many options for every personal or family consideration.

Also, you’ll also be able to make friends with like-minded people. Cali has a small but slowly growing permanent expat community as well as a growing “snowbird” expat community that are in the city to escape the snow during winter months up north.

And, if you love dancing, the nightlife experience in Cali is second to none.

Your cost of living in Cali could have a wide range, depending on your individual lifestyle and family size.

The good news is that you can live a comfortable life, even on a modest budget.

Monthly Budget For A Couple Renting In Cali, Colombia

 
Budget Items Cost Cost Assumptions
Rent COP 1,500,000 Unfurnished, 80–90 square meter two-bedroom apartment (estrato 4–6).
Gas COP 40,000 Used for cooking, hot water, and gas dryer.
Transportation COP 150,000 Assume walking and light travel about town.
Electricity COP 250,000 Widely variable, assume air conditioning (turned off when not home).
Water COP 60,000
Cable/Phone/Internet Bundle COP 142,000 This bundled price saves about 50% on these services.
Cell Phone COP 60,000 Two cell phones on postpaid plan.
Household Help COP 750,000
Groceries COP 950,000
Entertainment COP 900,000
Total COP 4,802,000
 

Monthly Budget For A Couple Owning In Cali, Colombia

 
Budget Items Cost Cost Assumptions
Rent COP 0
HOA Fees COP 480,000
Property Taxes, Monthly COP 250,000
Gas COP 40,000 Used for cooking, hot water, and gas dryer.
Transportation COP 150,000 Assume walking and light travel about town.
Electricity COP 250,000 Widely variable, assume air conditioning (turned off when not home).
Water COP 60,000
Cable/Phone/Internet Bundle COP 142,000 This bundled price saves about 50% on these services.
Cell Phone COP 60,000 Two cell phones on postpaid plan.
Household Help COP 750,000
Groceries COP 950,000
Entertainment COP 900,000
Total COP 4,032,000
 

Penny Pincher's Monthly Budget

 
Budget Items Cost Cost Assumptions
Rent COP 1,200,000 Unfurnished, 80–90 square meter two-bedroom apartment (estrato 3).
HOA Fees COP 0
Property Taxes, Monthly COP 0
Gas COP 40,000 Used for cooking, hot water, and gas dryer.
Transportation COP 100,000 This assumes walking and buses, less taxi use.
Electricity COP 100,000 No air conditioning; fans only.
Water COP 60,000
Internet Only COP 65,000
Cell Phone COP 60,000 Two cell phones on postpaid plan.
Groceries COP 650,000
Entertainment COP 600,000
Total COP 2,875,000
Check the currency conversion at today’s exchange rate.
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Real Estate In Cali

Renting will cost more than owning a home, of course, but this doesn’t factor in the substantial cost of buying a property.

Most importantly, if you are interested in moving to Cali and buying property, you should know that real estate prices can be significantly cheaper here than in Colombia’s more popular destinations, Bogota and Medellin.

The property industry in Cali is fairly well organized, with a number of great deals always on the market.

Also, the city has a well built up infrastructure with reliable electricity, phone service, and high-speed internet.

Roads and highways within Cali are well-maintained, so owning a vehicle won’t require extra amounts of maintenance.

Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

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Cali, Colombia- FAQs

Cali’s warmest month is August. The average maximum temperature is 82°F (28°C).

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