Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Cost of Living in Medellin is 5.2% higher than in Bogota (without rent)
Cost of Living Including Rent in Medellin is 8.4% higher than in Bogota
Rent Prices in Medellin are 18.9% higher than in Bogota
Restaurant Prices in Medellin are 2.8% higher than in Bogota
Groceries Prices in Medellin are 4.6% higher than in Bogota
Local Purchasing Power in Medellin is 4.3% higher than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20,000.00 Col$ 22,000.00 Col$      +10.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$ 110,000.00 Col$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 30,000.00 Col$ 26,000.00 Col$      -13.3 %
Domestic Beer (1 pint draught) 4,500.00 Col$ 5,000.00 Col$      +11.1 %
Imported Beer (12 oz small bottle) 10,000.00 Col$ 12,000.00 Col$      +20.0 %
Cappuccino (regular) 6,238.13 Col$ 6,521.98 Col$      +4.6 %
Coke/Pepsi (12 oz small bottle) 3,350.02 Col$ 3,926.52 Col$      +17.2 %
Water (12 oz small bottle) 2,510.43 Col$ 2,890.06 Col$      +15.1 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 20,103.61 Col$ 16,958.65 Col$      -15.6 %
Loaf of Fresh White Bread (1 lb) 5,039.46 Col$ 4,659.29 Col$      -7.5 %
Rice (white), (1 lb) 2,396.40 Col$ 2,193.00 Col$      -8.5 %
Eggs (regular) (12) 9,223.91 Col$ 8,472.52 Col$      -8.1 %
Local Cheese (1 lb) 8,095.63 Col$ 9,057.93 Col$      +11.9 %
Chicken Fillets (1 lb) 9,594.47 Col$ 10,299.69 Col$      +7.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 14,174.67 Col$ 18,533.01 Col$      +30.7 %
Apples (1 lb) 4,595.68 Col$ 4,278.58 Col$      -6.9 %
Banana (1 lb) 2,155.89 Col$ 1,635.99 Col$      -24.1 %
Oranges (1 lb) 2,304.92 Col$ 2,268.64 Col$      -1.6 %
Tomato (1 lb) 2,521.64 Col$ 2,603.30 Col$      +3.2 %
Potato (1 lb) 1,850.19 Col$ 2,096.44 Col$      +13.3 %
Onion (1 lb) 1,936.02 Col$ 2,247.88 Col$      +16.1 %
Lettuce (1 head) 3,240.91 Col$ 3,397.65 Col$      +4.8 %
Water (1.5 liter bottle) 3,093.33 Col$ 3,343.94 Col$      +8.1 %
Bottle of Wine (Mid-Range) 35,000.00 Col$ 38,417.62 Col$      +9.8 %
Domestic Beer (0.5 liter bottle) 4,216.45 Col$ 4,468.03 Col$      +6.0 %
Imported Beer (12 oz small bottle) 7,903.85 Col$ 7,881.53 Col$      -0.3 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$ 9,000.00 Col$      0.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 3,000.00 Col$ 2,950.00 Col$      -1.7 %
Monthly Pass (Regular Price) 150,000.00 Col$ 200,000.00 Col$      +33.3 %
Taxi Start (Normal Tariff) 5,500.00 Col$ 5,000.00 Col$      -9.1 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 12,874.76 Col$      +30.7 %
Taxi 1hour Waiting (Normal Tariff) 21,500.00 Col$ 30,000.00 Col$      +39.5 %
Gasoline (1 gallon) 14,590.25 Col$ 14,753.32 Col$      +1.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 65,000,000.00 Col$ 78,000,000.00 Col$      +20.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 93,323,529.41 Col$ 110,261,554.65 Col$      +18.1 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 404,805.25 Col$ 313,985.56 Col$      -22.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,933.33 Col$ 39,032.24 Col$      -2.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 106,727.03 Col$ 96,615.38 Col$      -9.5 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 90,013.33 Col$ 104,480.60 Col$      +16.1 %
Tennis Court Rent (1 Hour on Weekend) 36,944.44 Col$ 55,000.00 Col$      +48.9 %
Cinema, International Release, 1 Seat 20,000.00 Col$ 15,000.00 Col$      -25.0 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 889,192.31 Col$ 920,000.00 Col$      +3.5 %
International Primary School, Yearly for 1 Child 28,562,500.00 Col$ 25,000,000.00 Col$      -12.5 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 216,544.34 Col$ 213,794.11 Col$      -1.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 168,847.85 Col$ 155,625.00 Col$      -7.8 %
1 Pair of Nike Running Shoes (Mid-Range) 342,962.27 Col$ 345,714.29 Col$      +0.8 %
1 Pair of Men Leather Business Shoes 295,116.00 Col$ 335,705.86 Col$      +13.8 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,768,777.83 Col$ 1,851,024.46 Col$      +4.6 %
Apartment (1 bedroom) Outside of Centre 1,216,862.83 Col$ 1,453,610.84 Col$      +19.5 %
Apartment (3 bedrooms) in City Centre 2,818,372.37 Col$ 3,404,553.51 Col$      +20.8 %
Apartment (3 bedrooms) Outside of Centre 2,373,415.25 Col$ 3,012,721.04 Col$      +26.9 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 700,367.89 Col$ 644,471.95 Col$      -8.0 %
Price per Square Feet to Buy Apartment Outside of Centre 509,025.81 Col$ 556,413.11 Col$      +9.3 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,448,245.16 Col$ 1,637,787.88 Col$      +13.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 14.55      +5.6 %
Last update: May 2024May 2024
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