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Colombia vs United Kingdom

Compare cost of living, taxes, salaries and visas between Colombia and United Kingdom.

ColombiaUnited Kingdom
Cost of living
Cost of living index49138
Taxes
Income tax (top rate)39%45%
VAT / sales tax19%20%
Social security (employee)โ€”8%
Corporate tax35%25%
Capital gainsโ€”24%
Economy & salaries
Avg net salary$450/mo$2,900/mo
Minimum wage$330/mo$2,050/mo
GDP per capita$6,976$57,602
Inflation (annual)5.2%3.9%
Life expectancy74 yr81 yr
Quality of life
LGBTQ+ acceptanceHighHigh
Digital-nomad visaYesNo

? Frequently asked questions

Is Colombia cheaper than United Kingdom?

United Kingdom is about 179% more expensive than Colombia overall โ€” its cost-of-living index is 138 versus 49 for Colombia.

How much do you need to earn in United Kingdom to live like in Colombia?

To keep the same standard of living, a $75,000 salary in Colombia is worth about $209,221 in United Kingdom. Enter your own figure in the calculator above.

Which has lower taxes, Colombia or United Kingdom?

Colombia has the lower top income-tax rate โ€” 39% versus 45% in United Kingdom.