According to DANE data and Colfondos recommendations, becoming independent in Colombia requires initial savings between 4.4 and 7.8 million pesos to cover basic expenses in major cities.
The DANE 2026 National Quality of Life Survey showed that single-person households represent 20.2% of the total in the country.
Colfondos specialists detailed the initial expenses for moving out for the first time. These include the first month's rent and procedures between 1 and 1.5 million pesos, moving between 150,000 and 300,000 pesos, basic appliances between 2 and 3.5 million pesos, and essential furniture between 1.3 and 2.5 million pesos.
Monthly fixed expenses after the move range between 2 and 3.1 million pesos. Paola Orozco, commercial and customer service vice president at Colfondos, noted that 35% of severance withdrawals go toward housing.
Experts also recommend an emergency fund equivalent to between three and six months of basic expenses.
