The location factor for Colombia is 0.56, based on national living costs.
This means a $94,645,162 (Colombian Peso) per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to $103,184,575 (Colombian Peso).
It would be $54,169,455 (Colombian Peso) based on market rates, $59,056,925 (Colombian Peso) with taxes paid in Germany.
You can also start a calculation based on Colombia.
|Chosen Factor||0.56 0.61*|
|Market Rates||0.32 0.35*|
|Consumer Price Index||0.51 0.56*|
|Rent Index*||0.48 0.52*|
|Consumer Price Plus Rent Index||0.50 0.55*|
|Groceries Index||0.56 0.61*|
|Restaurant Price Index*||0.41 0.45*|
|Local Purchasing Power Index*||0.32 0.35*|
|Buffer Location Bracket*||D|
|Currency||Colombian Peso (COP)|
|Income Tax*||0% to 33%|
Locations in Colombia
|Bogota||0.60 0.65*||Living Costs|
|Cali||0.53 0.58*||Living Costs|
|Medellin||0.52 0.56*||Living Costs|