Cost of Living Comparison Between Buenos Aires and Medellin 
| Indices Difference |  |
|---|---|
| Cost of Living in Medellin is 4.4% higher than in Buenos Aires (without rent) | |
| Cost of Living Including Rent in Medellin is 4.4% higher than in Buenos Aires | |
| Rent Prices in Medellin are 4.4% higher than in Buenos Aires | |
| Restaurant Prices in Medellin are 17.5% lower than in Buenos Aires | |
| Groceries Prices in Medellin are 1.4% higher than in Buenos Aires | |
| Local Purchasing Power in Medellin is 2.8% lower than in Buenos Aires | |
Restaurants | Buenos Aires Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
8.00 $ (30,954.59 Col$) |
6.00 $ (23,215.95 Col$) |
-25.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
35.00 $ (135,426.35 Col$) |
28.43 $ (110,000.00 Col$) |
-18.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.00 $ (23,215.95 Col$) |
6.59 $ (25,500.00 Col$) |
+9.8 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,803.99 Col$) |
1.29 $ (5,000.00 Col$) |
-13.9 % |
| Imported Beer (12 oz small bottle) |
2.50 $ (9,673.31 Col$) |
3.10 $ (12,000.00 Col$) |
+24.1 % |
| Cappuccino (regular) |
2.32 $ (8,992.55 Col$) |
1.70 $ (6,590.15 Col$) |
-26.7 % |
| Coke/Pepsi (12 oz small bottle) |
1.34 $ (5,187.76 Col$) |
1.02 $ (3,940.20 Col$) |
-24.0 % |
| Water (12 oz small bottle) |
0.97 $ (3,745.24 Col$) |
0.75 $ (2,910.90 Col$) |
-22.3 % |
Markets | Buenos Aires Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.21 $ (16,307.86 Col$) |
4.38 $ (16,958.65 Col$) |
+4.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.96 $ (7,583.37 Col$) |
1.20 $ (4,659.29 Col$) |
-38.6 % |
| Rice (white), (1 lb) |
0.77 $ (2,982.54 Col$) |
0.57 $ (2,193.00 Col$) |
-26.5 % |
| Eggs (regular) (12) |
2.12 $ (8,221.44 Col$) |
2.19 $ (8,472.52 Col$) |
+3.1 % |
| Local Cheese (1 lb) |
4.41 $ (17,049.73 Col$) |
2.34 $ (9,057.93 Col$) |
-46.9 % |
| Chicken Fillets (1 lb) |
2.16 $ (8,367.22 Col$) |
2.66 $ (10,302.18 Col$) |
+23.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2.97 $ (11,485.09 Col$) |
4.79 $ (18,533.01 Col$) |
+61.4 % |
| Apples (1 lb) |
0.85 $ (3,281.18 Col$) |
1.11 $ (4,283.78 Col$) |
+30.6 % |
| Banana (1 lb) |
0.80 $ (3,114.52 Col$) |
0.42 $ (1,638.24 Col$) |
-47.4 % |
| Oranges (1 lb) |
0.59 $ (2,264.25 Col$) |
0.59 $ (2,270.90 Col$) |
+0.3 % |
| Tomato (1 lb) |
0.82 $ (3,156.15 Col$) |
0.67 $ (2,603.30 Col$) |
-17.5 % |
| Potato (1 lb) |
0.39 $ (1,492.55 Col$) |
0.54 $ (2,097.28 Col$) |
+40.5 % |
| Onion (1 lb) |
0.39 $ (1,519.44 Col$) |
0.58 $ (2,248.63 Col$) |
+48.0 % |
| Lettuce (1 head) |
1.18 $ (4,582.17 Col$) |
0.88 $ (3,399.94 Col$) |
-25.8 % |
| Water (1.5 liter bottle) |
1.13 $ (4,358.88 Col$) |
0.86 $ (3,346.48 Col$) |
-23.2 % |
| Bottle of Wine (Mid-Range) |
4.00 $ (15,477.30 Col$) |
10.00 $ (38,693.24 Col$) |
+150.0 % |
| Domestic Beer (0.5 liter bottle) |
1.16 $ (4,486.61 Col$) |
1.16 $ (4,470.22 Col$) |
-0.4 % |
| Imported Beer (12 oz small bottle) |
1.90 $ (7,360.65 Col$) |
2.04 $ (7,885.83 Col$) |
+7.1 % |
| Cigarettes 20 Pack (Marlboro) |
2.00 $ (7,738.65 Col$) |
2.33 $ (9,000.00 Col$) |
+16.3 % |
Transportation | Buenos Aires Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.30 $ (1,160.80 Col$) |
0.76 $ (2,950.00 Col$) |
+154.1 % |
| Monthly Pass (Regular Price) |
9.00 $ (34,823.92 Col$) |
51.69 $ (200,000.00 Col$) |
+474.3 % |
| Taxi Start (Normal Tariff) |
0.90 $ (3,482.39 Col$) |
1.29 $ (5,000.00 Col$) |
+43.6 % |
| Taxi 1 mile (Normal Tariff) |
1.29 $ (4,981.66 Col$) |
3.33 $ (12,874.76 Col$) |
+158.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
4.90 $ (18,959.69 Col$) |
7.75 $ (30,000.00 Col$) |
+58.2 % |
| Gasoline (1 gallon) |
3.48 $ (13,480.41 Col$) |
3.81 $ (14,753.32 Col$) |
+9.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,000.00 $ (77,386,484.88 Col$) |
20,158.56 $ (78,000,000.00 Col$) |
+0.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23,778.76 $ (92,007,739.93 Col$) |
28,529.58 $ (110,390,179.81 Col$) |
+20.0 % |
Utilities (Monthly) | Buenos Aires Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
49.40 $ (191,156.33 Col$) |
81.15 $ (313,985.56 Col$) |
+64.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.48 $ (59,913.15 Col$) |
10.09 $ (39,032.24 Col$) |
-34.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
20.17 $ (78,044.27 Col$) |
24.97 $ (96,615.38 Col$) |
+23.8 % |
Sports And Leisure | Buenos Aires Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
21.96 $ (84,961.69 Col$) |
27.01 $ (104,521.95 Col$) |
+23.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
8.57 $ (33,151.82 Col$) |
14.21 $ (55,000.00 Col$) |
+65.9 % |
| Cinema, International Release, 1 Seat |
4.42 $ (17,102.41 Col$) |
3.88 $ (15,000.00 Col$) |
-12.3 % |
Childcare | Buenos Aires Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
219.88 $ (850,767.67 Col$) |
237.77 $ (920,000.00 Col$) |
+8.1 % |
| International Primary School, Yearly for 1 Child |
5,225.19 $ (20,217,951.85 Col$) |
6,461.08 $ (25,000,000.00 Col$) |
+23.7 % |
Clothing And Shoes | Buenos Aires Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.39 $ (322,664.44 Col$) |
55.27 $ (213,866.64 Col$) |
-33.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
67.11 $ (259,656.96 Col$) |
40.22 $ (155,625.00 Col$) |
-40.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
116.33 $ (450,110.31 Col$) |
89.35 $ (345,714.29 Col$) |
-23.2 % |
| 1 Pair of Men Leather Business Shoes |
110.93 $ (429,222.38 Col$) |
86.82 $ (335,917.88 Col$) |
-21.7 % |
Rent Per Month | Buenos Aires Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
490.08 $ (1,896,274.35 Col$) |
471.48 $ (1,824,312.10 Col$) |
-3.8 % |
| Apartment (1 bedroom) Outside of Centre |
357.35 $ (1,382,714.40 Col$) |
370.45 $ (1,433,387.00 Col$) |
+3.7 % |
| Apartment (3 bedrooms) in City Centre |
933.47 $ (3,611,888.68 Col$) |
897.80 $ (3,473,898.10 Col$) |
-3.8 % |
| Apartment (3 bedrooms) Outside of Centre |
621.61 $ (2,405,221.88 Col$) |
768.87 $ (2,974,989.34 Col$) |
+23.7 % |
Buy Apartment Price | Buenos Aires Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
216.77 $ (838,769.54 Col$) |
166.70 $ (645,005.66 Col$) |
-23.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
163.09 $ (631,061.64 Col$) |
143.80 $ (556,413.11 Col$) |
-11.8 % |
Salaries And Financing | Buenos Aires Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
417.11 $ (1,613,923.42 Col$) |
423.27 $ (1,637,787.88 Col$) |
+1.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 51.15 | 14.55 | -71.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 195 | 127 |
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