Cost of Living Comparison Between Milan and Medellin 

Indices DifferenceInfo
Cost of Living in Medellin is 51.6% lower than in Milan (without rent)
Cost of Living Including Rent in Medellin is 57.3% lower than in Milan
Rent Prices in Medellin are 68.1% lower than in Milan
Restaurant Prices in Medellin are 65.4% lower than in Milan
Groceries Prices in Medellin are 48.9% lower than in Milan
Local Purchasing Power in Medellin is 46.6% lower than in Milan
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Milan Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20.00 €
(83,892.17 Col$)
5.24 €
(22,000.00 Col$)
     -73.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 €
(335,568.69 Col$)
26.22 €
(110,000.00 Col$)
     -67.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(41,946.09 Col$)
6.20 €
(26,000.00 Col$)
     -38.0 %
Domestic Beer (1 pint draught) 6.00 €
(25,167.65 Col$)
1.19 €
(5,000.00 Col$)
     -80.1 %
Imported Beer (12 oz small bottle) 5.00 €
(20,973.04 Col$)
2.86 €
(12,000.00 Col$)
     -42.8 %
Cappuccino (regular) 1.94 €
(8,151.05 Col$)
1.56 €
(6,524.16 Col$)
     -20.0 %
Coke/Pepsi (12 oz small bottle) 2.85 €
(11,969.98 Col$)
0.94 €
(3,928.70 Col$)
     -67.2 %
Water (12 oz small bottle) 1.35 €
(5,680.20 Col$)
0.69 €
(2,890.88 Col$)
     -49.1 %
Markets
Milan Edit Medellin Edit
Milk (regular), (1 gallon) 6.12 €
(25,689.65 Col$)
4.04 €
(16,958.65 Col$)
     -34.0 %
Loaf of Fresh White Bread (1 lb) 2.22 €
(9,298.57 Col$)
1.11 €
(4,659.29 Col$)
     -49.9 %
Rice (white), (1 lb) 1.50 €
(6,300.43 Col$)
0.52 €
(2,193.00 Col$)
     -65.2 %
Eggs (regular) (12) 3.96 €
(16,593.01 Col$)
2.02 €
(8,472.52 Col$)
     -48.9 %
Local Cheese (1 lb) 7.17 €
(30,095.76 Col$)
2.16 €
(9,057.93 Col$)
     -69.9 %
Chicken Fillets (1 lb) 5.26 €
(22,075.72 Col$)
2.46 €
(10,302.83 Col$)
     -53.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.21 €
(38,643.37 Col$)
4.42 €
(18,533.01 Col$)
     -52.0 %
Apples (1 lb) 1.05 €
(4,422.04 Col$)
1.02 €
(4,283.90 Col$)
     -3.1 %
Banana (1 lb) 0.88 €
(3,679.83 Col$)
0.39 €
(1,638.34 Col$)
     -55.5 %
Oranges (1 lb) 1.16 €
(4,847.15 Col$)
0.54 €
(2,270.59 Col$)
     -53.2 %
Tomato (1 lb) 1.56 €
(6,531.44 Col$)
0.62 €
(2,603.30 Col$)
     -60.1 %
Potato (1 lb) 0.78 €
(3,255.98 Col$)
0.50 €
(2,097.50 Col$)
     -35.6 %
Onion (1 lb) 0.76 €
(3,192.88 Col$)
0.54 €
(2,248.83 Col$)
     -29.6 %
Lettuce (1 head) 1.29 €
(5,406.38 Col$)
0.81 €
(3,399.64 Col$)
     -37.1 %
Water (1.5 liter bottle) 0.54 €
(2,252.50 Col$)
0.80 €
(3,346.47 Col$)
     +48.6 %
Bottle of Wine (Mid-Range) 7.00 €
(29,362.26 Col$)
9.22 €
(38,657.30 Col$)
     +31.7 %
Domestic Beer (0.5 liter bottle) 1.81 €
(7,590.21 Col$)
1.07 €
(4,469.94 Col$)
     -41.1 %
Imported Beer (12 oz small bottle) 2.11 €
(8,850.62 Col$)
1.88 €
(7,885.27 Col$)
     -10.9 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(25,167.65 Col$)
2.15 €
(9,000.00 Col$)
     -64.2 %
Transportation
Milan Edit Medellin Edit
One-way Ticket (Local Transport) 2.20 €
(9,228.14 Col$)
0.70 €
(2,950.00 Col$)
     -68.0 %
Monthly Pass (Regular Price) 39.00 €
(163,589.73 Col$)
47.68 €
(200,000.00 Col$)
     +22.3 %
Taxi Start (Normal Tariff) 7.00 €
(29,362.26 Col$)
1.19 €
(5,000.00 Col$)
     -83.0 %
Taxi 1 mile (Normal Tariff) 3.22 €
(13,501.14 Col$)
3.07 €
(12,874.76 Col$)
     -4.6 %
Taxi 1hour Waiting (Normal Tariff) 33.14 €
(138,988.36 Col$)
7.15 €
(30,000.00 Col$)
     -78.4 %
Gasoline (1 gallon) 7.08 €
(29,699.85 Col$)
3.52 €
(14,753.32 Col$)
     -50.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 €
(117,449,040.44 Col$)
18,595.30 €
(78,000,000.00 Col$)
     -33.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,971.43 €
(129,913,020.25 Col$)
26,313.16 €
(110,373,408.07 Col$)
     -15.0 %
Utilities (Monthly)
Milan Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 262.14 €
(1,099,558.06 Col$)
74.85 €
(313,985.56 Col$)
     -71.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 9.38 €
(39,334.72 Col$)
9.31 €
(39,032.24 Col$)
     -0.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.96 €
(113,071.15 Col$)
23.03 €
(96,615.38 Col$)
     -14.6 %
Sports And Leisure
Milan Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 63.29 €
(265,473.28 Col$)
24.92 €
(104,516.56 Col$)
     -60.6 %
Tennis Court Rent (1 Hour on Weekend) 33.05 €
(138,612.75 Col$)
13.11 €
(55,000.00 Col$)
     -60.3 %
Cinema, International Release, 1 Seat 10.00 €
(41,946.09 Col$)
3.58 €
(15,000.00 Col$)
     -64.2 %
Childcare
Milan Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 781.51 €
(3,278,147.40 Col$)
219.33 €
(920,000.00 Col$)
     -71.9 %
International Primary School, Yearly for 1 Child 12,907.75 €
(54,142,958.99 Col$)
5,960.03 €
(25,000,000.00 Col$)
     -53.8 %
Clothing And Shoes
Milan Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 95.74 €
(401,603.81 Col$)
50.98 €
(213,857.19 Col$)
     -46.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 37.44 €
(157,046.14 Col$)
37.10 €
(155,625.00 Col$)
     -0.9 %
1 Pair of Nike Running Shoes (Mid-Range) 98.28 €
(412,254.74 Col$)
82.42 €
(345,714.29 Col$)
     -16.1 %
1 Pair of Men Leather Business Shoes 141.23 €
(592,407.80 Col$)
80.08 €
(335,890.23 Col$)
     -43.3 %
Rent Per Month
Milan Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,409.58 €
(5,912,642.23 Col$)
441.76 €
(1,852,989.88 Col$)
     -68.7 %
Apartment (1 bedroom) Outside of Centre 948.86 €
(3,980,111.56 Col$)
346.81 €
(1,454,733.06 Col$)
     -63.4 %
Apartment (3 bedrooms) in City Centre 3,016.32 €
(12,652,264.11 Col$)
812.03 €
(3,406,168.78 Col$)
     -73.1 %
Apartment (3 bedrooms) Outside of Centre 1,898.11 €
(7,961,808.64 Col$)
718.50 €
(3,013,823.59 Col$)
     -62.1 %
Buy Apartment Price
Milan Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 856.40 €
(3,592,254.32 Col$)
153.75 €
(644,936.06 Col$)
     -82.0 %
Price per Square Feet to Buy Apartment Outside of Centre 438.49 €
(1,839,288.28 Col$)
132.65 €
(556,413.11 Col$)
     -69.7 %
Salaries And Financing
Milan Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,711.46 €
(7,178,901.12 Col$)
390.45 €
(1,637,787.88 Col$)
     -77.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.35 14.55      +234.6 %
Last update: May 2024May 2024
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