Cost of Living Comparison Between Buenos Aires and Medellin 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 5.7% higher than in Buenos Aires (without rent) | |
| Consumer Prices Including Rent in Medellin are 5.3% higher than in Buenos Aires | |
| Rent Prices in Medellin are 4.3% higher than in Buenos Aires | |
| Restaurant Prices in Medellin are 19.3% lower than in Buenos Aires | |
| Groceries Prices in Medellin are 4.8% higher than in Buenos Aires | |
| Local Purchasing Power in Medellin is 2.7% lower than in Buenos Aires | |
Restaurants | Buenos Aires Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
8.00 $ (31,060.93 Col$) |
5.67 $ (22,000.00 Col$) |
-29.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
35.00 $ (135,891.57 Col$) |
28.33 $ (110,000.00 Col$) |
-19.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.00 $ (23,295.70 Col$) |
6.44 $ (25,000.00 Col$) |
+7.3 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,823.92 Col$) |
1.29 $ (5,000.00 Col$) |
-14.1 % |
| Imported Beer (12 oz small bottle) |
2.50 $ (9,706.54 Col$) |
3.09 $ (12,000.00 Col$) |
+23.6 % |
| Cappuccino (regular) |
2.25 $ (8,755.30 Col$) |
1.66 $ (6,455.49 Col$) |
-26.3 % |
| Coke/Pepsi (12 oz small bottle) |
1.33 $ (5,156.11 Col$) |
1.00 $ (3,879.30 Col$) |
-24.8 % |
| Water (12 oz small bottle) |
0.98 $ (3,796.00 Col$) |
0.73 $ (2,838.66 Col$) |
-25.2 % |
Markets | Buenos Aires Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.08 $ (15,831.19 Col$) |
4.37 $ (16,958.65 Col$) |
+7.1 % |
| Loaf of Fresh White Bread (1 lb) |
1.84 $ (7,125.14 Col$) |
1.20 $ (4,659.29 Col$) |
-34.6 % |
| Rice (white), (1 lb) |
0.74 $ (2,864.60 Col$) |
0.56 $ (2,193.00 Col$) |
-23.4 % |
| Eggs (regular) (12) |
2.08 $ (8,082.27 Col$) |
2.18 $ (8,472.52 Col$) |
+4.8 % |
| Local Cheese (1 lb) |
4.21 $ (16,342.12 Col$) |
2.33 $ (9,057.93 Col$) |
-44.6 % |
| Chicken Fillets (1 lb) |
2.06 $ (8,009.64 Col$) |
2.65 $ (10,302.17 Col$) |
+28.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2.89 $ (11,239.46 Col$) |
4.77 $ (18,533.01 Col$) |
+64.9 % |
| Apples (1 lb) |
0.83 $ (3,207.26 Col$) |
1.10 $ (4,284.28 Col$) |
+33.6 % |
| Banana (1 lb) |
0.81 $ (3,130.27 Col$) |
0.42 $ (1,638.85 Col$) |
-47.6 % |
| Oranges (1 lb) |
0.57 $ (2,215.20 Col$) |
0.58 $ (2,271.26 Col$) |
+2.5 % |
| Tomato (1 lb) |
0.75 $ (2,922.79 Col$) |
0.67 $ (2,603.30 Col$) |
-10.9 % |
| Potato (1 lb) |
0.39 $ (1,512.89 Col$) |
0.54 $ (2,097.28 Col$) |
+38.6 % |
| Onion (1 lb) |
0.40 $ (1,554.01 Col$) |
0.58 $ (2,248.63 Col$) |
+44.7 % |
| Lettuce (1 head) |
1.10 $ (4,261.56 Col$) |
0.88 $ (3,401.05 Col$) |
-20.2 % |
| Water (1.5 liter bottle) |
1.06 $ (4,134.06 Col$) |
0.86 $ (3,347.31 Col$) |
-19.0 % |
| Bottle of Wine (Mid-Range) |
4.00 $ (15,530.46 Col$) |
10.00 $ (38,826.16 Col$) |
+150.0 % |
| Domestic Beer (0.5 liter bottle) |
1.10 $ (4,270.52 Col$) |
1.15 $ (4,471.28 Col$) |
+4.7 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (7,208.72 Col$) |
2.03 $ (7,887.91 Col$) |
+9.4 % |
| Cigarettes 20 Pack (Marlboro) |
2.00 $ (7,765.23 Col$) |
2.32 $ (9,000.00 Col$) |
+15.9 % |
Transportation | Buenos Aires Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.30 $ (1,164.78 Col$) |
0.75 $ (2,925.00 Col$) |
+151.1 % |
| Monthly Pass (Regular Price) |
9.00 $ (34,943.55 Col$) |
51.51 $ (200,000.00 Col$) |
+472.4 % |
| Taxi Start (Normal Tariff) |
0.95 $ (3,688.49 Col$) |
1.29 $ (5,000.00 Col$) |
+35.6 % |
| Taxi 1 mile (Normal Tariff) |
1.36 $ (5,279.95 Col$) |
3.32 $ (12,874.76 Col$) |
+143.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
5.00 $ (19,413.08 Col$) |
7.73 $ (30,000.00 Col$) |
+54.5 % |
| Gasoline (1 gallon) |
3.45 $ (13,403.04 Col$) |
3.79 $ (14,719.98 Col$) |
+9.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,000.00 $ (77,652,324.04 Col$) |
20,089.55 $ (78,000,000.00 Col$) |
+0.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,159.71 $ (93,802,898.12 Col$) |
28,447.88 $ (110,452,208.94 Col$) |
+17.7 % |
Utilities (Monthly) | Buenos Aires Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
46.99 $ (182,458.30 Col$) |
80.87 $ (313,985.56 Col$) |
+72.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.75 $ (61,156.75 Col$) |
10.05 $ (39,032.24 Col$) |
-36.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
20.15 $ (78,217.46 Col$) |
24.88 $ (96,615.38 Col$) |
+23.5 % |
Sports And Leisure | Buenos Aires Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
21.45 $ (83,297.33 Col$) |
26.93 $ (104,541.89 Col$) |
+25.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
8.16 $ (31,691.85 Col$) |
14.17 $ (55,000.00 Col$) |
+73.5 % |
| Cinema, International Release, 1 Seat |
4.27 $ (16,574.04 Col$) |
3.86 $ (15,000.00 Col$) |
-9.5 % |
Childcare | Buenos Aires Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
219.88 $ (853,690.24 Col$) |
236.95 $ (920,000.00 Col$) |
+7.8 % |
| International Primary School, Yearly for 1 Child |
5,225.19 $ (20,287,404.85 Col$) |
6,438.96 $ (25,000,000.00 Col$) |
+23.2 % |
Clothing And Shoes | Buenos Aires Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.84 $ (321,634.31 Col$) |
55.09 $ (213,901.62 Col$) |
-33.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
65.79 $ (255,440.43 Col$) |
40.08 $ (155,625.00 Col$) |
-39.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
117.28 $ (455,359.18 Col$) |
89.04 $ (345,714.29 Col$) |
-24.1 % |
| 1 Pair of Men Leather Business Shoes |
104.11 $ (404,224.47 Col$) |
86.54 $ (336,020.12 Col$) |
-16.9 % |
Rent Per Month | Buenos Aires Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
488.66 $ (1,897,268.14 Col$) |
469.61 $ (1,823,306.80 Col$) |
-3.9 % |
| Apartment (1 bedroom) Outside of Centre |
349.06 $ (1,355,275.72 Col$) |
371.06 $ (1,440,694.86 Col$) |
+6.3 % |
| Apartment (3 bedrooms) in City Centre |
914.20 $ (3,549,491.33 Col$) |
864.79 $ (3,357,638.87 Col$) |
-5.4 % |
| Apartment (3 bedrooms) Outside of Centre |
635.67 $ (2,468,049.70 Col$) |
785.18 $ (3,048,542.03 Col$) |
+23.5 % |
Buy Apartment Price | Buenos Aires Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
217.23 $ (843,432.47 Col$) |
166.19 $ (645,263.03 Col$) |
-23.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
165.24 $ (641,553.41 Col$) |
143.31 $ (556,413.11 Col$) |
-13.3 % |
Salaries And Financing | Buenos Aires Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
411.34 $ (1,597,067.88 Col$) |
421.83 $ (1,637,787.88 Col$) |
+2.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 51.15 | 14.55 | -71.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 183 | 121 |
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