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Cali, Colombia
Cali, Colombia: One Of The World's Top Overseas Retirement Havens
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.
Located in a valley with mountains to the west, the Cauca River to the east and plains to the north and south. Cali is situatedat 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.
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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.
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.
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 |
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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 |
Click here for currency conversion at today’s exchange rate.
Map Of Cali
Cali, Colombia - FAQs
What Is The Warmest Month In Cali?
Cali’s warmest month is August. The average maximum temperature is 82°F (28°C).
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