Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 5.3% higher than in Bogota (without rent)
Consumer Prices Including Rent in Medellin are 7.8% higher than in Bogota
Rent Prices in Medellin are 16.1% higher than in Bogota
Restaurant Prices in Medellin are 2.5% higher than in Bogota
Groceries Prices in Medellin are 4.8% higher than in Bogota
Local Purchasing Power in Medellin is 4.9% higher than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 5.12 $
(20,000.00 Col$)
5.63 $
(22,000.00 Col$)
     +10.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 28.16 $
(110,000.00 Col$)
28.16 $
(110,000.00 Col$)
     0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.17 $
(28,000.00 Col$)
6.40 $
(25,000.00 Col$)
     -10.7 %
Domestic Beer (1 pint draught) 1.22 $
(4,750.00 Col$)
1.28 $
(5,000.00 Col$)
     +5.3 %
Imported Beer (12 oz small bottle) 2.56 $
(10,000.00 Col$)
2.94 $
(11,500.00 Col$)
     +15.0 %
Cappuccino (regular) 1.59 $
(6,221.59 Col$)
1.59 $
(6,200.53 Col$)
     -0.3 %
Coke/Pepsi (12 oz small bottle) 0.86 $
(3,359.78 Col$)
0.96 $
(3,767.17 Col$)
     +12.1 %
Water (12 oz small bottle) 0.64 $
(2,496.94 Col$)
0.71 $
(2,755.40 Col$)
     +10.4 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 5.15 $
(20,103.61 Col$)
4.34 $
(16,958.65 Col$)
     -15.6 %
Loaf of Fresh White Bread (1 lb) 1.29 $
(5,041.62 Col$)
1.19 $
(4,659.29 Col$)
     -7.6 %
Rice (white), (1 lb) 0.61 $
(2,396.40 Col$)
0.56 $
(2,193.00 Col$)
     -8.5 %
Eggs (regular) (12) 2.33 $
(9,102.10 Col$)
2.17 $
(8,472.52 Col$)
     -6.9 %
Local Cheese (1 lb) 2.07 $
(8,095.63 Col$)
2.32 $
(9,057.93 Col$)
     +11.9 %
Chicken Fillets (1 lb) 2.46 $
(9,594.47 Col$)
2.64 $
(10,302.83 Col$)
     +7.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.63 $
(14,174.67 Col$)
4.74 $
(18,533.01 Col$)
     +30.7 %
Apples (1 lb) 1.18 $
(4,596.96 Col$)
1.10 $
(4,285.97 Col$)
     -6.8 %
Banana (1 lb) 0.55 $
(2,155.89 Col$)
0.42 $
(1,640.19 Col$)
     -23.9 %
Oranges (1 lb) 0.59 $
(2,306.50 Col$)
0.58 $
(2,272.09 Col$)
     -1.5 %
Tomato (1 lb) 0.65 $
(2,521.64 Col$)
0.67 $
(2,603.30 Col$)
     +3.2 %
Potato (1 lb) 0.47 $
(1,850.19 Col$)
0.54 $
(2,097.50 Col$)
     +13.4 %
Onion (1 lb) 0.50 $
(1,936.02 Col$)
0.58 $
(2,248.82 Col$)
     +16.2 %
Lettuce (1 head) 0.83 $
(3,240.91 Col$)
0.87 $
(3,403.00 Col$)
     +5.0 %
Water (1.5 liter bottle) 0.79 $
(3,093.33 Col$)
0.86 $
(3,348.99 Col$)
     +8.3 %
Bottle of Wine (Mid-Range) 8.96 $
(35,000.00 Col$)
10.00 $
(39,060.41 Col$)
     +11.6 %
Domestic Beer (0.5 liter bottle) 1.08 $
(4,216.45 Col$)
1.15 $
(4,473.13 Col$)
     +6.1 %
Imported Beer (12 oz small bottle) 2.02 $
(7,903.85 Col$)
2.02 $
(7,891.57 Col$)
     -0.2 %
Cigarettes 20 Pack (Marlboro) 2.30 $
(9,000.00 Col$)
2.30 $
(9,000.00 Col$)
     0.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 0.77 $
(3,000.00 Col$)
0.75 $
(2,925.00 Col$)
     -2.5 %
Monthly Pass (Regular Price) 38.40 $
(150,000.00 Col$)
51.20 $
(200,000.00 Col$)
     +33.3 %
Taxi Start (Normal Tariff) 1.41 $
(5,500.00 Col$)
1.28 $
(5,000.00 Col$)
     -9.1 %
Taxi 1 mile (Normal Tariff) 2.52 $
(9,849.19 Col$)
3.30 $
(12,874.76 Col$)
     +30.7 %
Taxi 1hour Waiting (Normal Tariff) 5.50 $
(21,500.00 Col$)
7.68 $
(30,000.00 Col$)
     +39.5 %
Gasoline (1 gallon) 3.74 $
(14,590.25 Col$)
3.77 $
(14,719.98 Col$)
     +0.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,640.89 $
(65,000,000.00 Col$)
19,969.07 $
(78,000,000.00 Col$)
     +20.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,892.10 $
(93,323,529.41 Col$)
28,305.26 $
(110,561,526.70 Col$)
     +18.5 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 102.56 $
(400,597.46 Col$)
80.38 $
(313,985.56 Col$)
     -21.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10.31 $
(40,266.67 Col$)
9.99 $
(39,032.24 Col$)
     -3.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.40 $
(107,035.37 Col$)
24.74 $
(96,627.26 Col$)
     -9.7 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 23.24 $
(90,782.05 Col$)
26.77 $
(104,577.02 Col$)
     +15.2 %
Tennis Court Rent (1 Hour on Weekend) 9.46 $
(36,944.44 Col$)
14.08 $
(55,000.00 Col$)
     +48.9 %
Cinema, International Release, 1 Seat 5.12 $
(20,000.00 Col$)
3.84 $
(15,000.00 Col$)
     -25.0 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 227.65 $
(889,192.31 Col$)
235.53 $
(920,000.00 Col$)
     +3.5 %
International Primary School, Yearly for 1 Child 7,312.39 $
(28,562,500.00 Col$)
6,400.34 $
(25,000,000.00 Col$)
     -12.5 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 54.09 $
(211,283.25 Col$)
54.78 $
(213,963.27 Col$)
     +1.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 43.24 $
(168,909.66 Col$)
39.84 $
(155,625.00 Col$)
     -7.9 %
1 Pair of Nike Running Shoes (Mid-Range) 87.86 $
(343,171.87 Col$)
88.51 $
(345,714.29 Col$)
     +0.7 %
1 Pair of Men Leather Business Shoes 74.57 $
(291,267.43 Col$)
86.07 $
(336,200.32 Col$)
     +15.4 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 455.77 $
(1,780,260.63 Col$)
459.79 $
(1,795,973.26 Col$)
     +0.9 %
Apartment (1 bedroom) Outside of Centre 313.85 $
(1,225,892.97 Col$)
362.81 $
(1,417,152.32 Col$)
     +15.6 %
Apartment (3 bedrooms) in City Centre 710.21 $
(2,774,110.55 Col$)
828.60 $
(3,236,562.01 Col$)
     +16.7 %
Apartment (3 bedrooms) Outside of Centre 606.61 $
(2,369,430.34 Col$)
770.18 $
(3,008,345.55 Col$)
     +27.0 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 179.38 $
(700,681.01 Col$)
165.31 $
(645,716.63 Col$)
     -7.8 %
Price per Square Feet to Buy Apartment Outside of Centre 129.82 $
(507,090.30 Col$)
142.45 $
(556,413.11 Col$)
     +9.7 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 370.56 $
(1,447,418.51 Col$)
419.30 $
(1,637,787.88 Col$)
     +13.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 14.55      +5.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:190119
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