Cost of Living Comparison Between Miami, FL and Medellin 
| Indices Difference |  |
|---|---|
| Cost of Living in Medellin is 58.3% lower than in Miami, FL (without rent) | |
| Cost of Living Including Rent in Medellin is 69.4% lower than in Miami, FL | |
| Rent Prices in Medellin are 82.8% lower than in Miami, FL | |
| Restaurant Prices in Medellin are 71.2% lower than in Miami, FL | |
| Groceries Prices in Medellin are 56.8% lower than in Miami, FL | |
| Local Purchasing Power in Medellin is 69.5% lower than in Miami, FL | |
Restaurants | Miami, FL Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (101,775.84 Col$) |
5.65 $ (23,000.00 Col$) |
-77.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 $ (407,103.37 Col$) |
29.48 $ (120,000.00 Col$) |
-70.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (48,852.40 Col$) |
6.39 $ (26,000.00 Col$) |
-46.8 % |
| Domestic Beer (1 pint draught) |
7.00 $ (28,497.24 Col$) |
1.47 $ (6,000.00 Col$) |
-78.9 % |
| Imported Beer (12 oz small bottle) |
8.00 $ (32,568.27 Col$) |
2.95 $ (12,000.00 Col$) |
-63.2 % |
| Cappuccino (regular) |
4.96 $ (20,184.19 Col$) |
1.62 $ (6,598.14 Col$) |
-67.3 % |
| Coke/Pepsi (12 oz small bottle) |
2.85 $ (11,588.88 Col$) |
0.96 $ (3,915.33 Col$) |
-66.2 % |
| Water (12 oz small bottle) |
2.26 $ (9,183.57 Col$) |
0.71 $ (2,897.55 Col$) |
-68.4 % |
Markets | Miami, FL Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.33 $ (17,612.92 Col$) |
4.26 $ (17,337.19 Col$) |
-1.6 % |
| Loaf of Fresh White Bread (1 lb) |
3.31 $ (13,489.01 Col$) |
1.23 $ (5,013.84 Col$) |
-62.8 % |
| Rice (white), (1 lb) |
2.11 $ (8,590.74 Col$) |
0.56 $ (2,296.94 Col$) |
-73.3 % |
| Eggs (regular) (12) |
4.09 $ (16,640.35 Col$) |
2.06 $ (8,394.26 Col$) |
-49.6 % |
| Local Cheese (1 lb) |
6.54 $ (26,608.93 Col$) |
2.39 $ (9,716.91 Col$) |
-63.5 % |
| Chicken Fillets (1 lb) |
5.53 $ (22,525.37 Col$) |
2.70 $ (10,989.53 Col$) |
-51.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.28 $ (29,652.82 Col$) |
4.96 $ (20,180.47 Col$) |
-31.9 % |
| Apples (1 lb) |
2.94 $ (11,969.78 Col$) |
1.04 $ (4,225.69 Col$) |
-64.7 % |
| Banana (1 lb) |
0.82 $ (3,350.47 Col$) |
0.44 $ (1,803.21 Col$) |
-46.2 % |
| Oranges (1 lb) |
2.07 $ (8,436.76 Col$) |
0.61 $ (2,465.13 Col$) |
-70.8 % |
| Tomato (1 lb) |
2.11 $ (8,589.89 Col$) |
0.64 $ (2,625.40 Col$) |
-69.4 % |
| Potato (1 lb) |
1.14 $ (4,627.41 Col$) |
0.49 $ (1,993.14 Col$) |
-56.9 % |
| Onion (1 lb) |
1.55 $ (6,300.72 Col$) |
0.55 $ (2,229.14 Col$) |
-64.6 % |
| Lettuce (1 head) |
2.92 $ (11,868.91 Col$) |
0.91 $ (3,719.00 Col$) |
-68.7 % |
| Water (1.5 liter bottle) |
2.31 $ (9,424.44 Col$) |
0.87 $ (3,533.64 Col$) |
-62.5 % |
| Bottle of Wine (Mid-Range) |
15.00 $ (61,065.51 Col$) |
9.91 $ (40,355.17 Col$) |
-33.9 % |
| Domestic Beer (0.5 liter bottle) |
2.03 $ (8,283.10 Col$) |
1.12 $ (4,567.25 Col$) |
-44.9 % |
| Imported Beer (12 oz small bottle) |
2.33 $ (9,495.69 Col$) |
1.96 $ (7,973.13 Col$) |
-16.0 % |
| Cigarettes 20 Pack (Marlboro) |
9.45 $ (38,471.27 Col$) |
2.21 $ (9,000.00 Col$) |
-76.6 % |
Transportation | Miami, FL Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
2.25 $ (9,159.83 Col$) |
0.73 $ (2,975.00 Col$) |
-67.5 % |
| Monthly Pass (Regular Price) |
113.75 $ (463,080.08 Col$) |
49.13 $ (200,000.00 Col$) |
-56.8 % |
| Taxi Start (Normal Tariff) |
2.98 $ (12,111.33 Col$) |
1.39 $ (5,650.00 Col$) |
-53.3 % |
| Taxi 1 mile (Normal Tariff) |
2.10 $ (8,549.17 Col$) |
2.83 $ (11,506.81 Col$) |
+34.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
24.00 $ (97,704.81 Col$) |
7.37 $ (30,000.00 Col$) |
-69.3 % |
| Gasoline (1 gallon) |
3.51 $ (14,272.90 Col$) |
3.63 $ (14,784.00 Col$) |
+3.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (142,486,179.25 Col$) |
18,914.12 $ (77,000,000.00 Col$) |
-46.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,844.08 $ (101,141,101.95 Col$) |
26,528.21 $ (107,997,235.85 Col$) |
+6.8 % |
Utilities (Monthly) | Miami, FL Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
167.28 $ (680,988.04 Col$) |
78.01 $ (317,584.37 Col$) |
-53.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
63.16 $ (257,117.92 Col$) |
9.44 $ (38,444.00 Col$) |
-85.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
62.93 $ (256,173.56 Col$) |
24.14 $ (98,272.73 Col$) |
-61.6 % |
Sports And Leisure | Miami, FL Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
75.93 $ (309,127.16 Col$) |
26.36 $ (107,292.61 Col$) |
-65.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.86 $ (97,123.23 Col$) |
15.35 $ (62,500.00 Col$) |
-35.6 % |
| Cinema, International Release, 1 Seat |
15.50 $ (63,101.02 Col$) |
3.68 $ (15,000.00 Col$) |
-76.2 % |
Childcare | Miami, FL Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,162.50 $ (4,732,576.67 Col$) |
247.28 $ (1,006,666.67 Col$) |
-78.7 % |
| International Primary School, Yearly for 1 Child |
28,333.33 $ (115,345,954.63 Col$) |
6,337.46 $ (25,800,000.00 Col$) |
-77.6 % |
Clothing And Shoes | Miami, FL Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
49.80 $ (202,737.48 Col$) |
54.23 $ (220,752.87 Col$) |
+8.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
53.89 $ (219,383.48 Col$) |
34.59 $ (140,815.76 Col$) |
-35.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
83.06 $ (338,121.97 Col$) |
87.40 $ (355,789.47 Col$) |
+5.2 % |
| 1 Pair of Men Leather Business Shoes |
100.77 $ (410,234.93 Col$) |
86.12 $ (350,591.95 Col$) |
-14.5 % |
Rent Per Month | Miami, FL Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
2,778.80 $ (11,312,588.43 Col$) |
458.32 $ (1,865,824.76 Col$) |
-83.5 % |
| Apartment (1 bedroom) Outside of Centre |
2,106.60 $ (8,576,042.71 Col$) |
361.20 $ (1,470,458.48 Col$) |
-82.9 % |
| Apartment (3 bedrooms) in City Centre |
5,454.82 $ (22,206,754.44 Col$) |
863.69 $ (3,516,131.01 Col$) |
-84.2 % |
| Apartment (3 bedrooms) Outside of Centre |
3,779.15 $ (15,385,062.49 Col$) |
746.80 $ (3,040,237.38 Col$) |
-80.2 % |
Buy Apartment Price | Miami, FL Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
605.52 $ (2,465,083.64 Col$) |
150.12 $ (611,128.78 Col$) |
-75.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
370.66 $ (1,508,980.88 Col$) |
135.46 $ (551,467.86 Col$) |
-63.5 % |
Salaries And Financing | Miami, FL Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
4,498.44 $ (18,313,303.10 Col$) |
420.87 $ (1,713,356.50 Col$) |
-90.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.61 | 15.69 | +137.5 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 154 | 132 |
Moving to Miami, FL? Explore:
Moving to Medellin? Explore:
Cities near Miami, FL: | Cost of Living in Fort Lauderdale, Florida | 27.52 miles |
| Cost of Living in Deerfield Beach, Florida | 41.37 miles |
| Cost of Living in Boynton Beach, Florida | 56.57 miles |
| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Port St Lucie, Florida | 111.85 miles |
| Cost of Living in Naples, Florida | 123.55 miles |
| Cost of Living in Fort Myers, Florida | 156.10 miles |
| Cost of Living in Venice, Florida | 213.33 miles |
| Cost of Living in Orlando, Florida | 234.00 miles |
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |