Cost of Living Comparison Between Santiago and Medellin 

Indices DifferenceInfo
Cost of Living in Medellin is 24.0% lower than in Santiago (without rent)
Cost of Living Including Rent in Medellin is 20.6% lower than in Santiago
Rent Prices in Medellin are 8.7% lower than in Santiago
Restaurant Prices in Medellin are 43.4% lower than in Santiago
Groceries Prices in Medellin are 25.1% lower than in Santiago
Local Purchasing Power in Medellin is 26.0% lower than in Santiago
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Santiago Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 10,000.00 CL$
(42,175.63 Col$)
5,504.59 CL$
(23,215.95 Col$)
     -45.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 CL$
(210,878.17 Col$)
26,081.41 CL$
(110,000.00 Col$)
     -47.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(33,740.51 Col$)
6,046.14 CL$
(25,500.00 Col$)
     -24.4 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(12,652.69 Col$)
1,185.52 CL$
(5,000.00 Col$)
     -60.5 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(16,870.25 Col$)
2,845.24 CL$
(12,000.00 Col$)
     -28.9 %
Cappuccino (regular) 2,714.01 CL$
(11,446.53 Col$)
1,562.55 CL$
(6,590.15 Col$)
     -42.4 %
Coke/Pepsi (12 oz small bottle) 1,496.07 CL$
(6,309.79 Col$)
934.24 CL$
(3,940.20 Col$)
     -37.6 %
Water (12 oz small bottle) 1,186.00 CL$
(5,002.04 Col$)
690.19 CL$
(2,910.90 Col$)
     -41.8 %
Markets
Santiago Edit Medellin Edit
Milk (regular), (1 gallon) 4,479.15 CL$
(18,891.11 Col$)
4,020.96 CL$
(16,958.65 Col$)
     -10.2 %
Loaf of Fresh White Bread (1 lb) 1,357.43 CL$
(5,725.06 Col$)
1,104.74 CL$
(4,659.29 Col$)
     -18.6 %
Rice (white), (1 lb) 724.46 CL$
(3,055.46 Col$)
519.97 CL$
(2,193.00 Col$)
     -28.2 %
Eggs (regular) (12) 3,655.53 CL$
(15,417.41 Col$)
2,008.87 CL$
(8,472.52 Col$)
     -45.0 %
Local Cheese (1 lb) 4,644.28 CL$
(19,587.56 Col$)
2,147.67 CL$
(9,057.93 Col$)
     -53.8 %
Chicken Fillets (1 lb) 2,789.31 CL$
(11,764.09 Col$)
2,442.68 CL$
(10,302.18 Col$)
     -12.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,273.93 CL$
(22,243.14 Col$)
4,394.25 CL$
(18,533.01 Col$)
     -16.7 %
Apples (1 lb) 854.68 CL$
(3,604.68 Col$)
1,015.70 CL$
(4,283.78 Col$)
     +18.8 %
Banana (1 lb) 701.71 CL$
(2,959.52 Col$)
388.43 CL$
(1,638.24 Col$)
     -44.6 %
Oranges (1 lb) 760.85 CL$
(3,208.95 Col$)
538.44 CL$
(2,270.90 Col$)
     -29.2 %
Tomato (1 lb) 771.58 CL$
(3,254.18 Col$)
617.25 CL$
(2,603.30 Col$)
     -20.0 %
Potato (1 lb) 681.12 CL$
(2,872.66 Col$)
497.27 CL$
(2,097.28 Col$)
     -27.0 %
Onion (1 lb) 603.82 CL$
(2,546.66 Col$)
533.16 CL$
(2,248.63 Col$)
     -11.7 %
Lettuce (1 head) 1,053.33 CL$
(4,442.50 Col$)
806.14 CL$
(3,399.94 Col$)
     -23.5 %
Water (1.5 liter bottle) 1,130.03 CL$
(4,765.97 Col$)
793.46 CL$
(3,346.48 Col$)
     -29.8 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(21,087.82 Col$)
9,174.31 CL$
(38,693.24 Col$)
     +83.5 %
Domestic Beer (0.5 liter bottle) 1,316.24 CL$
(5,551.33 Col$)
1,059.91 CL$
(4,470.22 Col$)
     -19.5 %
Imported Beer (12 oz small bottle) 2,297.70 CL$
(9,690.71 Col$)
1,869.76 CL$
(7,885.83 Col$)
     -18.6 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(21,087.82 Col$)
2,133.93 CL$
(9,000.00 Col$)
     -57.3 %
Transportation
Santiago Edit Medellin Edit
One-way Ticket (Local Transport) 800.00 CL$
(3,374.05 Col$)
699.46 CL$
(2,950.00 Col$)
     -12.6 %
Monthly Pass (Regular Price) 40,000.00 CL$
(168,702.54 Col$)
47,420.75 CL$
(200,000.00 Col$)
     +18.6 %
Taxi Start (Normal Tariff) 400.00 CL$
(1,687.03 Col$)
1,185.52 CL$
(5,000.00 Col$)
     +196.4 %
Taxi 1 mile (Normal Tariff) 2,212.85 CL$
(9,332.83 Col$)
3,052.65 CL$
(12,874.76 Col$)
     +38.0 %
Taxi 1hour Waiting (Normal Tariff) 9,000.00 CL$
(37,958.07 Col$)
7,113.11 CL$
(30,000.00 Col$)
     -21.0 %
Gasoline (1 gallon) 4,938.29 CL$
(20,827.53 Col$)
3,498.07 CL$
(14,753.32 Col$)
     -29.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(67,481,014.79 Col$)
18,494,090.58 CL$
(78,000,000.00 Col$)
     +15.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,690,909.09 CL$
(78,830,094.55 Col$)
26,173,922.88 CL$
(110,390,179.81 Col$)
     +40.0 %
Utilities (Monthly)
Santiago Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 140,640.78 CL$
(593,161.41 Col$)
74,447.15 CL$
(313,985.56 Col$)
     -47.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,807.62 CL$
(45,581.83 Col$)
9,254.69 CL$
(39,032.24 Col$)
     -14.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,035.20 CL$
(84,499.73 Col$)
22,907.87 CL$
(96,615.38 Col$)
     +14.3 %
Sports And Leisure
Santiago Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 36,536.00 CL$
(154,092.90 Col$)
24,782.54 CL$
(104,521.95 Col$)
     -32.2 %
Tennis Court Rent (1 Hour on Weekend) 18,520.75 CL$
(78,112.44 Col$)
13,040.70 CL$
(55,000.00 Col$)
     -29.6 %
Cinema, International Release, 1 Seat 5,700.00 CL$
(24,040.11 Col$)
3,556.56 CL$
(15,000.00 Col$)
     -37.6 %
Childcare
Santiago Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 370,644.04 CL$
(1,563,214.73 Col$)
218,135.43 CL$
(920,000.00 Col$)
     -41.1 %
International Primary School, Yearly for 1 Child 6,274,046.35 CL$
(26,461,188.43 Col$)
5,927,593.13 CL$
(25,000,000.00 Col$)
     -5.5 %
Clothing And Shoes
Santiago Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 49,652.30 CL$
(209,411.72 Col$)
50,708.58 CL$
(213,866.64 Col$)
     +2.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,717.73 CL$
(125,336.40 Col$)
36,899.27 CL$
(155,625.00 Col$)
     +24.2 %
1 Pair of Nike Running Shoes (Mid-Range) 68,265.00 CL$
(287,911.97 Col$)
81,970.15 CL$
(345,714.29 Col$)
     +20.1 %
1 Pair of Men Leather Business Shoes 72,033.60 CL$
(303,806.28 Col$)
79,647.38 CL$
(335,917.88 Col$)
     +10.6 %
Rent Per Month
Santiago Edit Medellin Edit
Apartment (1 bedroom) in City Centre 496,958.36 CL$
(2,095,953.41 Col$)
432,551.20 CL$
(1,824,312.10 Col$)
     -13.0 %
Apartment (1 bedroom) Outside of Centre 418,333.33 CL$
(1,764,347.37 Col$)
339,861.40 CL$
(1,433,387.00 Col$)
     -18.8 %
Apartment (3 bedrooms) in City Centre 863,581.04 CL$
(3,642,207.81 Col$)
823,674.18 CL$
(3,473,898.10 Col$)
     -4.6 %
Apartment (3 bedrooms) Outside of Centre 742,333.33 CL$
(3,130,837.92 Col$)
705,381.06 CL$
(2,974,989.34 Col$)
     -5.0 %
Buy Apartment Price
Santiago Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 212,336.96 CL$
(895,544.58 Col$)
152,933.24 CL$
(645,005.66 Col$)
     -28.0 %
Price per Square Feet to Buy Apartment Outside of Centre 226,654.36 CL$
(955,929.15 Col$)
131,927.62 CL$
(556,413.11 Col$)
     -41.8 %
Salaries And Financing
Santiago Edit Medellin Edit
Average Monthly Net Salary (After Tax) 661,359.84 CL$
(2,789,327.07 Col$)
388,325.61 CL$
(1,637,787.88 Col$)
     -41.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.28 14.55      +175.4 %
Last update: May 2024May 2024
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