Bogotá welcomes you with open arms, even if your budget is tight. This city of contrasts, where modernity blends with centuries-old traditions, can be explored without spending a fortune. You just need to know where to look.
Where to Sleep Without Breaking the Bank
The affordable accommodation options in Bogotá are extensive and varied. In La Candelaria, the historic heart of the city, you'll find hostels like:
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- Masaya Hostel: From 35,000 COP per night in shared dorms. Address: Cl. 12d #3-17, Bogotá. Website: masaya-colombia.com
- Cranky Croc Hostel: Youthful atmosphere from 30,000 COP. Address: Cl. 12d #3-46, Bogotá
- Explora Hostels: Right in the historic center from 32,000 COP. Address: Cra. 3 #12-46, Bogotá
- The Colombian Hostel: With terrace and views from 38,000 COP. Address: Cl. 12c #3-16, Bogotá
- Hostal Sue: Family-friendly option from 40,000 COP per person. Address: Cra. 2 #12-58, Bogotá
Eat Like a Local, Spend Like a Backpacker
The true Bogotá essence is found in its markets and street food stalls. At Mercado de Paloquemao (Av. 19 #25-04), a tray of tropical fruits costs just 5,000 COP. The arepa stands around Plaza de Bolívar offer complete breakfasts for 8,000 COP.
For affordable lunches, look for "corrientazos" - daily specials that include soup, main dish, juice, and dessert for 12,000-15,000 COP. In La Candelaria, Restaurante La Puerta Falsa (Cl. 11 #6-38) maintains accessible prices since 1950.
Activities That Cost (Almost) Nothing
Bogotá offers free experiences to those who know where to find them:
- Museo del Oro (Cra. 6 #15-88): Free admission on Sundays. Website: banrepcultural.org/museo-del-oro
- Museo Botero (Cl. 11 #4-41): Always free admission. Website: banrepcultural.org/museo-botero
- Sunday Ciclovía: 120 km of streets closed to traffic
- Cerro de Monserrate: Free walking on Sundays and holidays
- Graffitour: Street art tours in La Candelaria
Affordable Transportation in Bogotá
TransMilenio is your best ally. A ticket costs 2,950 COP and takes you to almost any point in the city. For short distances, the public bicycles BiciBogotá offer the first hour free.
Local Tips for Saving Money
Always carry an umbrella - Bogotá's weather is unpredictable. Learn some basic Spanish phrases, although English is common in tourist areas. Avoid showing valuables on public transportation and trust your instincts when choosing routes.
Estimated Daily Budget
With planning, you can experience Bogotá for 60,000-80,000 COP daily (around 15-20 USD):
- Accommodation: 35,000 COP
- Food: 20,000 COP
- Transportation: 6,000 COP
- Activities: 0-10,000 COP
Frequently Asked Questions About Budget Bogotá
Is it safe to travel to Bogotá on a low budget?
Yes, but maintain basic precautions as in any big city. Avoid lonely areas at night and keep your valuables secure.
What's the best time to visit Bogotá?
Bogotá has temperate weather year-round, but December to March are usually the driest months.
Where to exchange money at the best rate?
Avoid the airport. In downtown Bogotá you'll find better exchange rates.
Bogotá isn't expensive if you know where to look. Its best-kept secrets are often the most accessible. The city reveals itself to those who walk its streets, talk with its inhabitants, and let themselves be surprised by the small details that don't appear in tourist guides.
Do you have your own tips for traveling economically in Bogotá? Share them with our traveler community.