Cost of Living Comparison Between Caracas and Medellin 
| Indices Difference |  |
|---|---|
| Cost of Living in Medellin is 22.0% lower than in Caracas (without rent) | |
| Cost of Living Including Rent in Medellin is 15.9% lower than in Caracas | |
| Rent Prices in Medellin are 8.9% higher than in Caracas | |
| Restaurant Prices in Medellin are 43.1% lower than in Caracas | |
| Groceries Prices in Medellin are 21.0% lower than in Caracas | |
| Local Purchasing Power in Medellin is 169.4% higher than in Caracas | |
Restaurants | Caracas Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (38,657.30 Col$) |
5.69 $ (22,000.00 Col$) |
-43.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 $ (231,943.82 Col$) |
28.46 $ (110,000.00 Col$) |
-52.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 $ (42,523.03 Col$) |
6.73 $ (26,000.00 Col$) |
-38.9 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,798.60 Col$) |
1.29 $ (5,000.00 Col$) |
-13.8 % |
| Imported Beer (12 oz small bottle) |
3.00 $ (11,597.19 Col$) |
3.10 $ (12,000.00 Col$) |
+3.5 % |
| Cappuccino (regular) |
2.36 $ (9,112.08 Col$) |
1.69 $ (6,524.16 Col$) |
-28.4 % |
| Coke/Pepsi (12 oz small bottle) |
1.30 $ (5,041.79 Col$) |
1.02 $ (3,928.70 Col$) |
-22.1 % |
| Water (12 oz small bottle) |
0.97 $ (3,742.12 Col$) |
0.75 $ (2,890.88 Col$) |
-22.7 % |
Markets | Caracas Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
7.44 $ (28,776.08 Col$) |
4.39 $ (16,958.65 Col$) |
-41.1 % |
| Loaf of Fresh White Bread (1 lb) |
2.00 $ (7,747.41 Col$) |
1.21 $ (4,659.29 Col$) |
-39.9 % |
| Rice (white), (1 lb) |
0.58 $ (2,237.22 Col$) |
0.57 $ (2,193.00 Col$) |
-2.0 % |
| Eggs (regular) (12) |
2.56 $ (9,902.37 Col$) |
2.19 $ (8,472.52 Col$) |
-14.4 % |
| Local Cheese (1 lb) |
3.45 $ (13,320.80 Col$) |
2.34 $ (9,057.93 Col$) |
-32.0 % |
| Chicken Fillets (1 lb) |
2.89 $ (11,169.59 Col$) |
2.67 $ (10,302.83 Col$) |
-7.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
3.37 $ (13,043.44 Col$) |
4.79 $ (18,533.01 Col$) |
+42.1 % |
| Apples (1 lb) |
2.15 $ (8,295.85 Col$) |
1.11 $ (4,283.90 Col$) |
-48.4 % |
| Banana (1 lb) |
0.62 $ (2,415.89 Col$) |
0.42 $ (1,638.34 Col$) |
-32.2 % |
| Oranges (1 lb) |
0.93 $ (3,594.61 Col$) |
0.59 $ (2,270.59 Col$) |
-36.8 % |
| Tomato (1 lb) |
0.79 $ (3,042.21 Col$) |
0.67 $ (2,603.30 Col$) |
-14.4 % |
| Potato (1 lb) |
0.86 $ (3,313.20 Col$) |
0.54 $ (2,097.50 Col$) |
-36.7 % |
| Onion (1 lb) |
0.85 $ (3,267.18 Col$) |
0.58 $ (2,248.83 Col$) |
-31.2 % |
| Lettuce (1 head) |
1.00 $ (3,865.73 Col$) |
0.88 $ (3,399.64 Col$) |
-12.1 % |
| Water (1.5 liter bottle) |
1.49 $ (5,759.94 Col$) |
0.87 $ (3,346.47 Col$) |
-41.9 % |
| Bottle of Wine (Mid-Range) |
9.00 $ (34,791.57 Col$) |
10.00 $ (38,657.30 Col$) |
+11.1 % |
| Domestic Beer (0.5 liter bottle) |
1.49 $ (5,761.65 Col$) |
1.16 $ (4,469.94 Col$) |
-22.4 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (7,194.55 Col$) |
2.04 $ (7,885.27 Col$) |
+9.6 % |
| Cigarettes 20 Pack (Marlboro) |
3.25 $ (12,563.62 Col$) |
2.33 $ (9,000.00 Col$) |
-28.4 % |
Transportation | Caracas Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.50 $ (1,932.87 Col$) |
0.76 $ (2,950.00 Col$) |
+52.6 % |
| Monthly Pass (Regular Price) |
30.00 $ (115,971.91 Col$) |
51.74 $ (200,000.00 Col$) |
+72.5 % |
| Taxi Start (Normal Tariff) |
5.00 $ (19,328.65 Col$) |
1.29 $ (5,000.00 Col$) |
-74.1 % |
| Taxi 1 mile (Normal Tariff) |
3.22 $ (12,442.58 Col$) |
3.33 $ (12,874.76 Col$) |
+3.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
10.00 $ (38,657.30 Col$) |
7.76 $ (30,000.00 Col$) |
-22.4 % |
| Gasoline (1 gallon) |
1.89 $ (7,316.69 Col$) |
3.82 $ (14,753.32 Col$) |
+101.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,500.00 $ (129,501,965.08 Col$) |
20,177.30 $ (78,000,000.00 Col$) |
-39.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
39,666.67 $ (153,340,635.27 Col$) |
28,551.76 $ (110,373,408.07 Col$) |
-28.0 % |
Utilities (Monthly) | Caracas Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
12.43 $ (48,049.82 Col$) |
81.22 $ (313,985.56 Col$) |
+553.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.00 $ (57,985.95 Col$) |
10.10 $ (39,032.24 Col$) |
-32.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
41.67 $ (161,072.10 Col$) |
24.99 $ (96,615.38 Col$) |
-40.0 % |
Sports And Leisure | Caracas Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
61.25 $ (236,775.98 Col$) |
27.04 $ (104,516.56 Col$) |
-55.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.50 $ (52,187.36 Col$) |
14.23 $ (55,000.00 Col$) |
+5.4 % |
| Cinema, International Release, 1 Seat |
5.50 $ (21,261.52 Col$) |
3.88 $ (15,000.00 Col$) |
-29.5 % |
Childcare | Caracas Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
94.79 $ (366,439.02 Col$) |
237.99 $ (920,000.00 Col$) |
+151.1 % |
| International Primary School, Yearly for 1 Child |
4,720.00 $ (18,246,247.02 Col$) |
6,467.08 $ (25,000,000.00 Col$) |
+37.0 % |
Clothing And Shoes | Caracas Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
49.58 $ (191,675.79 Col$) |
55.32 $ (213,857.19 Col$) |
+11.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
42.67 $ (164,937.83 Col$) |
40.26 $ (155,625.00 Col$) |
-5.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
98.85 $ (382,112.57 Col$) |
89.43 $ (345,714.29 Col$) |
-9.5 % |
| 1 Pair of Men Leather Business Shoes |
71.30 $ (275,626.57 Col$) |
86.89 $ (335,890.23 Col$) |
+21.9 % |
Rent Per Month | Caracas Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
375.00 $ (1,449,648.86 Col$) |
479.34 $ (1,852,989.88 Col$) |
+27.8 % |
| Apartment (1 bedroom) Outside of Centre |
370.00 $ (1,430,320.21 Col$) |
376.32 $ (1,454,733.06 Col$) |
+1.7 % |
| Apartment (3 bedrooms) in City Centre |
870.00 $ (3,363,185.36 Col$) |
881.12 $ (3,406,168.78 Col$) |
+1.3 % |
| Apartment (3 bedrooms) Outside of Centre |
695.45 $ (2,688,439.71 Col$) |
779.63 $ (3,013,823.59 Col$) |
+12.1 % |
Buy Apartment Price | Caracas Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
78.00 $ (301,519.58 Col$) |
166.83 $ (644,936.06 Col$) |
+113.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
114.14 $ (441,223.13 Col$) |
143.93 $ (556,413.11 Col$) |
+26.1 % |
Salaries And Financing | Caracas Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
186.92 $ (722,594.20 Col$) |
423.67 $ (1,637,787.88 Col$) |
+126.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 23.33 | 14.55 | -37.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 44 | 123 |
Moving to Caracas? Explore:
Moving to Medellin? Explore:
Cities near Caracas: | Cost of Living in Baruta | 9.07 miles |
| Cost of Living in Los Teques | 21.81 miles |
| Cost of Living in Guatire | 38.36 miles |
| Cost of Living in Guarenas | 38.36 miles |
| Cost of Living in Maracay | 76.03 miles |
| Cost of Living in Valencia | 123.73 miles |
| Cost of Living in Acarigua | 227.18 miles |
| Cost of Living in Cabudare | 238.20 miles |
| Cost of Living in Barquisimeto | 239.29 miles |
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |