Montería, CO, Colombia
A growing city on the Sinú River, known for its agricultural industry and lively cultural scene.
Below Average vs Colombia Avg (100)
Affordable
Household income
Job market health
Montería vs Colombia Average
Taxes
- Income Tax: 39.0%
- VAT: 19.0%
Economy & Jobs
- Median Income: COL$16,000,000
- Unemployment: 11.5%
- Population: 400,000
Climate
- Sunny Days: 230/year
- Summer High: 92°F
- Winter Low: 72°F
Housing
- Median Home: COL$160,000,000
- 1BR Rent: COL$750000/mo
Cost of Living
Montería's cost of living index is 85 (Colombia average = 100).
| Category | Montería | National Average | Difference |
|---|---|---|---|
| Overall | 85 | 100 | -15.0% |
| Housing | 92 | 100 | -8.0% |
Data source: DANE / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | COL$160,000,000 |
| Median Rent (1BR) | COL$750000/mo |
| Median Rent (2BR) | COL$937,500/mo |
| Price per Sq Ft | COL$106,666 |
Data source: Metrocuadrado / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Montería:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | COL$120000 | Based on ~200 kWh/month typical Colombian household usage |
| Heating & Cooling | N/A | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | COL$178850 | Estimated based on local climate and electricity rates |
| Water | COL$50000 | Includes sewer |
| Internet (100+ Mbps) | COL$70000 | Broadband average |
| Garbage / Trash | COL$25000 | Private service |
| Total Utilities | COL$443850 | Monthly estimate (including heating & cooling) |
Data sources: CREG, EPM, ETB 2025
Best Neighborhoods
Downtown Montería
The heart of the city with restaurants, shops, and entertainment. Average rent: COL$900,000/mo.
Montería Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: COL$825,000/mo.
East Montería
Up-and-coming neighborhood with new developments and young professionals. Average rent: COL$675,000/mo.
West Montería
Family-friendly area with parks and good schools. Average rent: COL$712,500/mo.
Remote Work Score
Montería scores —/100 for remote work readiness:
Climate
Montería has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 92°F | 72°F | 2.5" |
| April | 77°F | 87°F | 2.8" |
| July | 92°F | 67°F | 1.5" |
| October | 72°F | 90°F | 2.2" |
Taxes
- Income Tax: 39%
- VAT: 19%
- Property Tax: ~1.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 11.5%.
Crime & Safety
Crime rates in Montería per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Montería, CO, Colombia?
The cost of living index in Montería is 85, which is Lower the Colombia national average of 100.
How much does it cost to buy a home in Montería?
The median home price in Montería is COL$160,000,000. The housing index is 92.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Montería is approximately COL$750000/mo.
Does Montería, CO have income tax?
Montería is in CO, which has an income tax rate of 39%.
What is the climate like in Montería?
Montería enjoys approximately 230 sunny days per year. Summer highs reach around 92°F, while winter lows can drop to around 72°F.
Data Sources
- Cost of Living: DANE / Numbeo, 2026
- Housing Data: Metrocuadrado / Numbeo, 2026
- Income & Employment: DANE Labour Force Survey, 2024
- Utilities CREG, EPM, ETB 2025
Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.