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Cost of Living in Medellin, Colombia

Prices in Medellin

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IndexInfo
Consumer Price Index (Excl.Rent): 45.14
Rent Index: 12.31
Groceries Index: 38.77
Restaurants Index: 36.07
Consumer Price Plus Rent Index: 29.13
Local Purchasing Power: 39.12

Currency: Default Currency      Switch to imperial measurement units
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Restaurants [Edit] Avg.
Range
Meal, Inexpensive Restaurant 8,944.00 Col$
8,000.00
14,000.00
Meal for 2, Mid-range Restaurant, Three-course 50,000.00 Col$
40,000.00
75,500.00
Combo Meal at McDonalds or Similar 13,500.00 Col$
11,000.00
15,000.00
Domestic Beer (0.5 liter draught) 2,000.00 Col$
1,800.00
3,000.00
Imported Beer (0.33 liter bottle) 5,555.00 Col$
4,000.00
8,000.00
Cappuccino (regular) 3,678.89 Col$
3,000.00
4,000.00
Coke/Pepsi (0.33 liter bottle) 1,946.89 Col$
1,500.00
2,500.00
Water (0.33 liter bottle) 1,854.44 Col$
1,500.00
2,000.00
Markets [Edit] Avg.
Milk (regular), (1 liter) 1,898.33 Col$
1,800.00
2,000.00
Loaf of Fresh White Bread (500g) 2,009.10 Col$
1,500.00
2,500.00
Rice (white), (1kg) 1,800.00 Col$
1,300.00
2,200.00
Eggs (12) 3,295.36 Col$
3,000.00
3,601.44
Local Cheese (1kg) 8,750.00 Col$
6,000.00
12,000.00
Chicken Breasts (Boneless, Skinless), (1kg) 8,600.00 Col$
7,000.00
10,000.00
Apples (1kg) 3,700.00 Col$
3,000.00
4,000.00
Oranges (1kg) 3,333.33 Col$
2,000.00
5,000.00
Tomato (1kg) 2,300.00 Col$
1,500.00
3,000.00
Potato (1kg) 1,302.20 Col$
900.00
1,500.00
Lettuce (1 head) 1,620.00 Col$
1,200.00
2,000.00
Water (1.5 liter bottle) 2,430.50 Col$
2,000.00
3,000.00
Bottle of Wine (Mid-Range) 25,000.00 Col$
25,000.00
26,000.00
Domestic Beer (0.5 liter bottle) 1,304.40 Col$
1,111.00
1,500.00
Imported Beer (0.33 liter bottle) 3,058.25 Col$
2,500.00
3,900.00
Pack of Cigarettes (Marlboro) 3,000.00 Col$
3,000.00
3,500.00
Transportation [Edit] Avg.
One-way Ticket (Local Transport) 1,700.00 Col$
1,700.00
1,800.00
Monthly Pass (Regular Price) 80,000.00 Col$
67,000.00
81,600.00
Taxi Start (Normal Tariff) 3,000.00 Col$
2,600.00
4,400.00
Taxi 1km (Normal Tariff) 1,057.00 Col$
1,040.00
1,300.00
Taxi 1hour Waiting (Normal Tariff) 25,000.00 Col$
24,000.00
30,000.00
Gasoline (1 liter) 2,242.74 Col$
2,192.63
2,303.58
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000,000.00 Col$
30,000,000.00
33,000,000.00
Utilities (Monthly) [Edit] Avg.
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 185,361.70 Col$
127,500.00
236,111.11
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 284.00 Col$
250.00
300.00
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 53,285.00 Col$
45,000.00
61,425.00
Sports And Leisure [Edit] Avg.
Fitness Club, Monthly Fee for 1 Adult 99,166.67 Col$
85,000.00
120,000.00
Tennis Court Rent (1 Hour on Weekend) 47,049.16 Col$
23,147.48
67,000.00
Cinema, International Release, 1 Seat 9,500.00 Col$
8,000.00
11,111.00
Clothing And Shoes [Edit] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 142,222.20 Col$
100,000.00
180,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 80,277.75 Col$
50,000.00
111,111.00
1 Pair of Nike Shoes 160,000.00 Col$
150,000.00
200,000.00
1 Pair of Men Leather Shoes 176,222.20 Col$
111,111.00
250,000.00
Rent Per Month [Edit] Avg.
Apartment (1 bedroom) in City Centre 516,666.67 Col$
450,000.00
600,000.00
Apartment (1 bedroom) Outside of Centre 669,041.67 Col$
600,000.00
800,000.00
Apartment (3 bedrooms) in City Centre 860,000.00 Col$
800,000.00
1,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,300,000.00 Col$
1,000,000.00
1,500,000.00
Buy Apartment Price [Edit] Avg.
Price per Square Meter to Buy Apartment in City Centre 2,066,666.67 Col$
1,900,000.00
2,300,000.00
Price per Square Meter to Buy Apartment Outside of Centre 2,900,000.00 Col$
2,500,000.00
3,500,000.00
Salaries And Financing [Edit] Avg.
Average Monthly Disposable Salary (After Tax) 1,005,937.50 Col$
800,000.00
1,200,000.00
Mortgage Interest Rate in Percentages (%), Yearly 12.00
12.00
12.00

These data are based on 491 entries in the past 18 months from 52 different contributors.

Last update: September, 2014

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14 Comments so far

#Larry on Sep 27, 2014 :
can you live in Medellin Colombia for a thousand a month comfortable
#nicolas on Sep 16, 2014 :
medellin have a lot of problems:
the most cheap part is the north
the most spensive part is the south east and a bite in the occident (laureles)
the centre is poorness and ugly an isnt spencive buy here
#Stewart on Feb 25, 2014 :
Hey #Brooks, I lived in Pedgregal which is about a 30 minute bus ride from the center (and a world away from Pablado). My rent was just 150,000 COP which is about 80USD per month. My room was very basic but fine. I even had a TV and wifi although there wasn't hot water but that's common in Colombia. I shared with locals which was an amazing experience. All of the housemates were very friendly and welcoming despite my less than great Spanish. Four of my housemates were cooks in the Colombian military so the food was great!

Hey #bab, 550USD or well over a million pesos is totally a Pablado price. Outside of Pablado less than half that is the norm even if you are in an upper class neighborhood like Laureles where many Gringos choose to live (especially around the stadium and university). I agree with you re the $700 a month to live OK but you can certainly survive on less in Colombia and several other south american countries for that matter.
#Raymond on Dec 15, 2013 :
Hello, I have been to Medellin several times in the past year. If your funds and income are limited, you can live for cheap in Medellin. BUT , to live a nice almost lavish life style is a different story.
To live in Medellin vs anywhere in the US totally depends on your needs and habits.
Rental for a VERY nice 1 bedroom apartment with all the amenities ( pool , parking, doorman, gym) in the best area is going to cost you $1000 - $1500 a month. MINIMUM.
If you chose to buy instead of rent you will be surprised at the taxes and mantainence fees you will pay.
You will eat in the trendy restauraunts and you will see a little difference but not one that will make you stop and stare at the check.
You will likely hire a driver instead of a taxi. That will cost more.
Clothes will be just as expensive as in the US because you will likely shop in the upscale malls.
You will also spend a lot more money to have English TV or US satelite TV.
IF and that is a big IF ... you go to Medellin and live like a Colombian, you will definately save money. But if you go and maintain the same lifestyle you have in the US you will be surprised. YES, it will be cheaper but I doubt you will see a huge difference.
If you find the savings noteworthy or significant, then you were probably living above your means in the USA.
The last and final thing I have to say is this. If you don't bother to learn at least some basic Spanish, you will quickly find that a lot of unscupulous people will view you as nothing more than an open safe full of money.
#bab on Nov 24, 2013 :
I live in medellin, there are no apartments or even rooms for 80$ a month. At least 150 dollars, probably won't have hot water. My friend is paying 550 dollars for a room in a nice neighborhood. I am paying 250 for a room in a nice neighborhood. You can survive in 500$/ month, on 700 $ you can live more or less ok.
#Alfred Jones on Sep 16, 2013 :
55K is plenty. If you own your own apartment 2000K US per month is a very nice life. I have a hard time spending 1 million pesos a week and I live in Cartagena. Its the most expensive city in Cartagena.
#Danny on Sep 13, 2013 :
55k is definitely more than enough to sustain a wonderful life in medellin. You can get a 3br place in a great area -poblado envigado laureles unfurnished for 7-800 bucks a month. With utilities add 150.
#qster on Sep 12, 2013 :
Hi,
I am thinking about moving to Medellin Colombia, but I'm somewhat worried about how much my lifestyle will change. I currently make 55K / year in USD with the ability to work remotely. Meaning, I'll be making the same USD living in Colombia. I have a wife who will be going back to school and 3 kids, but I am not counting the fact of college tuition at the moment. Most of it will be taken care of in the beginning. My question is with the yearly income of USD I'm making while living in Colombia, am I living at least as a medium income or am I living as lower income. If lower, I will reconsider moving to Colombia. Any response from anyone who has experience living in both USA and Colombia would be preferred. Thanks..
#Brooks on Aug 24, 2013 :
I'm sorry.... $80 a month? Really? 80$ a month! I'm sorry I'm still taking this in. I'm not being sarcastic, I'm genuinely curious. You can live in Medellin for $80 a month, ... what kind of room? What district/division?
#Stewart on Jul 11, 2013 :
I have been living in Medellin for about 8 months now so I have a good idea of the prices. The prices listed look generally fairly accurate but I would say they definitely reflect living outside of the Pablado area where the majority of ex-pats and tourists seem to gravitate to. As previously written prices in Pablado are probably around 3 times the price of the rest of the city.

If you want to live really cheaply in Medellin you can without too much effort. You can get a room from about $80 a month and eat a more then decent meal for $2.
#Gerd Schuessler on Jul 07, 2013 :
In Latin America most people pay higer rent and purchase price for housing in order to avoid living to near to the center of city whilst in Asia (Thailand) it is contrasting. This situation is not sufficiently reflected when ist comes to the comperations of living cost. Better would be a model living classes such as -low/middle end, middle end and high/middle end.
#Anonymous on May 02, 2013 :
Keep in mind that Poblado prices are MUCH higher...apt rental and purchase approx triple
#Dee on Mar 25, 2013 :
Last comment was for Medellin Bogota is more expensive.
#Dee on Mar 25, 2013 :
A 3 bedrooms apartment in a good area but not the most expensive is between 800.000 colombian pesos and 1.300.000 colombian pesos.

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