Cost of Living Comparison Between Medellin and Loja 

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Indices DifferenceInfo
Cost of Living in Loja is 16.1% lower than in Medellin (without rent)
Cost of Living Including Rent in Loja is 22.9% lower than in Medellin
Rent Prices in Loja are 42.7% lower than in Medellin
Restaurant Prices in Loja are 25.6% lower than in Medellin
Groceries Prices in Loja are 18.2% lower than in Medellin
Local Purchasing Power in Loja is 29.3% higher than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Loja Edit Difference
Meal, Inexpensive Restaurant 22,000.00 Col$
(5.73 $)
11,525.29 Col$
(3.00 $)
     -47.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$
(28.63 $)
92,202.28 Col$
(24.00 $)
     -16.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 26,000.00 Col$
(6.77 $)
23,050.57 Col$
(6.00 $)
     -11.3 %
Domestic Beer (1 pint draught) 5,000.00 Col$
(1.30 $)
4,802.20 Col$
(1.25 $)
     -4.0 %
Imported Beer (12 oz small bottle) 12,000.00 Col$
(3.12 $)
7,683.52 Col$
(2.00 $)
     -36.0 %
Cappuccino (regular) 6,521.98 Col$
(1.70 $)
6,402.94 Col$
(1.67 $)
     -1.8 %
Coke/Pepsi (12 oz small bottle) 3,926.52 Col$
(1.02 $)
2,689.23 Col$
(0.70 $)
     -31.5 %
Water (12 oz small bottle) 2,890.06 Col$
(0.75 $)
1,824.84 Col$
(0.47 $)
     -36.9 %
Markets
Medellin Edit Loja Edit
Milk (regular), (1 gallon) 16,958.65 Col$
(4.41 $)
16,063.02 Col$
(4.18 $)
     -5.3 %
Loaf of Fresh White Bread (1 lb) 4,659.29 Col$
(1.21 $)
4,705.01 Col$
(1.22 $)
     +1.0 %
Rice (white), (1 lb) 2,193.00 Col$
(0.57 $)
2,442.32 Col$
(0.64 $)
     +11.4 %
Eggs (regular) (12) 8,472.52 Col$
(2.21 $)
6,684.67 Col$
(1.74 $)
     -21.1 %
Local Cheese (1 lb) 9,057.93 Col$
(2.36 $)
5,373.00 Col$
(1.40 $)
     -40.7 %
Chicken Fillets (1 lb) 10,299.69 Col$
(2.68 $)
4,994.30 Col$
(1.30 $)
     -51.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,533.01 Col$
(4.82 $)
11,733.21 Col$
(3.05 $)
     -36.7 %
Apples (1 lb) 4,278.58 Col$
(1.11 $)
3,138.69 Col$
(0.82 $)
     -26.6 %
Banana (1 lb) 1,635.99 Col$
(0.43 $)
871.30 Col$
(0.23 $)
     -46.7 %
Oranges (1 lb) 2,268.64 Col$
(0.59 $)
2,664.83 Col$
(0.69 $)
     +17.5 %
Tomato (1 lb) 2,603.30 Col$
(0.68 $)
1,536.71 Col$
(0.40 $)
     -41.0 %
Potato (1 lb) 2,096.44 Col$
(0.55 $)
2,167.35 Col$
(0.56 $)
     +3.4 %
Onion (1 lb) 2,247.88 Col$
(0.59 $)
1,807.94 Col$
(0.47 $)
     -19.6 %
Lettuce (1 head) 3,397.65 Col$
(0.88 $)
2,593.19 Col$
(0.68 $)
     -23.7 %
Water (1.5 liter bottle) 3,343.94 Col$
(0.87 $)
3,841.76 Col$
(1.00 $)
     +14.9 %
Bottle of Wine (Mid-Range) 38,417.62 Col$
(10.00 $)
38,417.62 Col$
(10.00 $)
     0.0 %
Domestic Beer (0.5 liter bottle) 4,468.03 Col$
(1.16 $)
6,741.55 Col$
(1.75 $)
     +50.9 %
Imported Beer (12 oz small bottle) 7,881.53 Col$
(2.05 $)
10,852.98 Col$
(2.83 $)
     +37.7 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$
(2.34 $)
15,367.05 Col$
(4.00 $)
     +70.7 %
Transportation
Medellin Edit Loja Edit
One-way Ticket (Local Transport) 2,950.00 Col$
(0.77 $)
1,152.53 Col$
(0.30 $)
     -60.9 %
Monthly Pass (Regular Price) 200,000.00 Col$
(52.06 $)
57,626.43 Col$
(15.00 $)
     -71.2 %
Taxi Start (Normal Tariff) 5,000.00 Col$
(1.30 $)
2,497.15 Col$
(0.65 $)
     -50.1 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$
(3.35 $)
6,933.12 Col$
(1.80 $)
     -46.1 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$
(7.81 $)
57,626.43 Col$
(15.00 $)
     +92.1 %
Gasoline (1 gallon) 14,753.32 Col$
(3.84 $)
9,198.92 Col$
(2.39 $)
     -37.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 78,000,000.00 Col$
(20,303.19 $)
115,252,851.33 Col$
(30,000.00 $)
     +47.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 110,261,554.65 Col$
(28,700.78 $)
111,411,089.62 Col$
(29,000.00 $)
     +1.0 %
Utilities (Monthly)
Medellin Edit Loja Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 313,985.56 Col$
(81.73 $)
141,806.54 Col$
(36.91 $)
     -54.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,032.24 Col$
(10.16 $)
42,259.38 Col$
(11.00 $)
     +8.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 96,615.38 Col$
(25.15 $)
125,891.58 Col$
(32.77 $)
     +30.3 %
Sports And Leisure
Medellin Edit Loja Edit
Fitness Club, Monthly Fee for 1 Adult 104,480.60 Col$
(27.20 $)
115,252.85 Col$
(30.00 $)
     +10.3 %
Tennis Court Rent (1 Hour on Weekend) 55,000.00 Col$
(14.32 $)
54,745.10 Col$
(14.25 $)
     -0.5 %
Cinema, International Release, 1 Seat 15,000.00 Col$
(3.90 $)
23,050.57 Col$
(6.00 $)
     +53.7 %
Childcare
Medellin Edit Loja Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 920,000.00 Col$
(239.47 $)
268,923.32 Col$
(70.00 $)
     -70.8 %
International Primary School, Yearly for 1 Child 25,000,000.00 Col$
(6,507.43 $)
21,705,953.67 Col$
(5,650.00 $)
     -13.2 %
Clothing And Shoes
Medellin Edit Loja Edit
1 Pair of Jeans (Levis 501 Or Similar) 213,794.11 Col$
(55.65 $)
252,458.63 Col$
(65.71 $)
     +18.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 155,625.00 Col$
(40.51 $)
208,095.43 Col$
(54.17 $)
     +33.7 %
1 Pair of Nike Running Shoes (Mid-Range) 345,714.29 Col$
(89.99 $)
396,982.04 Col$
(103.33 $)
     +14.8 %
1 Pair of Men Leather Business Shoes 335,705.86 Col$
(87.38 $)
292,934.33 Col$
(76.25 $)
     -12.7 %
Rent Per Month
Medellin Edit Loja Edit
Apartment (1 bedroom) in City Centre 1,851,024.46 Col$
(481.82 $)
1,344,616.60 Col$
(350.00 $)
     -27.4 %
Apartment (1 bedroom) Outside of Centre 1,453,610.84 Col$
(378.37 $)
960,440.43 Col$
(250.00 $)
     -33.9 %
Apartment (3 bedrooms) in City Centre 3,404,553.51 Col$
(886.20 $)
1,920,880.86 Col$
(500.00 $)
     -43.6 %
Apartment (3 bedrooms) Outside of Centre 3,012,721.04 Col$
(784.20 $)
1,349,418.80 Col$
(351.25 $)
     -55.2 %
Buy Apartment Price
Medellin Edit Loja Edit
Price per Square Feet to Buy Apartment in City Centre 644,471.95 Col$
(167.75 $)
?
(? $)
    
Price per Square Feet to Buy Apartment Outside of Centre 556,413.11 Col$
(144.83 $)
?
(? $)
    
Salaries And Financing
Medellin Edit Loja Edit
Average Monthly Net Salary (After Tax) 1,637,787.88 Col$
(426.31 $)
1,632,748.73 Col$
(425.00 $)
     -0.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.55 11.18      -23.2 %
Last update: May 2024May 2024
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