A realistic image of a Colombian market illustrating rising food and housing costs due to inflation.
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May inflation stood at 5.84% and pushed up cost of living in Colombia

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DANE reported that annual inflation in May reached 5.84%, driven by housing and food, placing the country with the third-highest cost of living in the region.

DANE reported May annual inflation at 5.84 percent, driven by housing and food. The figure marks the highest level since August 2024 and the third straight month of increases.

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DANE released results from the 2025 National Quality of Life Survey, showing 53.3 million people across nearly 19 million households, averaging 2.82 people per household. Vaupés and Atlántico have the largest average sizes, while Putumayo has the smallest.

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