Cost of Living Comparison Between Buenos Aires and Medellin 
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| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 6.0% higher than in Buenos Aires (without rent) | |
| Consumer Prices Including Rent in Medellin are 5.8% higher than in Buenos Aires | |
| Rent Prices in Medellin are 5.0% higher than in Buenos Aires | |
| Restaurant Prices in Medellin are 18.4% lower than in Buenos Aires | |
| Groceries Prices in Medellin are 4.5% higher than in Buenos Aires | |
| Local Purchasing Power in Medellin is 1.2% lower than in Buenos Aires | |
Restaurants | Buenos Aires Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
8.00 $ (30,608.28 Col$) |
5.75 $ (22,000.00 Col$) |
-28.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
35.00 $ (133,911.24 Col$) |
28.75 $ (110,000.00 Col$) |
-17.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.00 $ (22,956.21 Col$) |
6.53 $ (25,000.00 Col$) |
+8.9 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,739.05 Col$) |
1.31 $ (5,000.00 Col$) |
-12.9 % |
| Imported Beer (12 oz small bottle) |
2.50 $ (9,565.09 Col$) |
3.14 $ (12,000.00 Col$) |
+25.5 % |
| Cappuccino (regular) |
2.32 $ (8,891.95 Col$) |
1.69 $ (6,450.25 Col$) |
-27.5 % |
| Coke/Pepsi (12 oz small bottle) |
1.34 $ (5,129.72 Col$) |
1.01 $ (3,874.06 Col$) |
-24.5 % |
| Water (12 oz small bottle) |
0.97 $ (3,726.29 Col$) |
0.74 $ (2,836.70 Col$) |
-23.9 % |
Markets | Buenos Aires Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.13 $ (15,786.07 Col$) |
4.43 $ (16,958.65 Col$) |
+7.4 % |
| Loaf of Fresh White Bread (1 lb) |
1.89 $ (7,218.50 Col$) |
1.22 $ (4,659.29 Col$) |
-35.5 % |
| Rice (white), (1 lb) |
0.76 $ (2,888.76 Col$) |
0.57 $ (2,193.00 Col$) |
-24.1 % |
| Eggs (regular) (12) |
2.11 $ (8,081.61 Col$) |
2.21 $ (8,472.52 Col$) |
+4.8 % |
| Local Cheese (1 lb) |
4.32 $ (16,535.62 Col$) |
2.37 $ (9,057.93 Col$) |
-45.2 % |
| Chicken Fillets (1 lb) |
2.12 $ (8,112.17 Col$) |
2.69 $ (10,299.89 Col$) |
+27.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2.92 $ (11,183.67 Col$) |
4.84 $ (18,533.01 Col$) |
+65.7 % |
| Apples (1 lb) |
0.83 $ (3,172.94 Col$) |
1.12 $ (4,278.46 Col$) |
+34.8 % |
| Banana (1 lb) |
0.79 $ (3,034.49 Col$) |
0.43 $ (1,635.42 Col$) |
-46.1 % |
| Oranges (1 lb) |
0.57 $ (2,182.92 Col$) |
0.59 $ (2,268.43 Col$) |
+3.9 % |
| Tomato (1 lb) |
0.79 $ (3,013.70 Col$) |
0.68 $ (2,603.30 Col$) |
-13.6 % |
| Potato (1 lb) |
0.39 $ (1,475.86 Col$) |
0.55 $ (2,096.51 Col$) |
+42.1 % |
| Onion (1 lb) |
0.39 $ (1,502.44 Col$) |
0.59 $ (2,247.94 Col$) |
+49.6 % |
| Lettuce (1 head) |
1.13 $ (4,332.25 Col$) |
0.89 $ (3,396.47 Col$) |
-21.6 % |
| Water (1.5 liter bottle) |
1.11 $ (4,245.16 Col$) |
0.87 $ (3,343.12 Col$) |
-21.2 % |
| Bottle of Wine (Mid-Range) |
4.00 $ (15,304.14 Col$) |
10.00 $ (38,276.46 Col$) |
+150.1 % |
| Domestic Beer (0.5 liter bottle) |
1.14 $ (4,346.05 Col$) |
1.17 $ (4,466.91 Col$) |
+2.8 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (7,110.30 Col$) |
2.06 $ (7,879.32 Col$) |
+10.8 % |
| Cigarettes 20 Pack (Marlboro) |
2.00 $ (7,652.07 Col$) |
2.35 $ (9,000.00 Col$) |
+17.6 % |
Transportation | Buenos Aires Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.30 $ (1,147.81 Col$) |
0.76 $ (2,925.00 Col$) |
+154.8 % |
| Monthly Pass (Regular Price) |
9.00 $ (34,434.32 Col$) |
52.27 $ (200,000.00 Col$) |
+480.8 % |
| Taxi Start (Normal Tariff) |
0.90 $ (3,443.43 Col$) |
1.31 $ (5,000.00 Col$) |
+45.2 % |
| Taxi 1 mile (Normal Tariff) |
1.29 $ (4,925.93 Col$) |
3.37 $ (12,874.76 Col$) |
+161.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
4.90 $ (18,747.57 Col$) |
7.84 $ (30,000.00 Col$) |
+60.0 % |
| Gasoline (1 gallon) |
3.48 $ (13,329.60 Col$) |
3.85 $ (14,719.98 Col$) |
+10.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
20,000.00 $ (76,520,706.90 Col$) |
20,386.64 $ (78,000,000.00 Col$) |
+1.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23,778.76 $ (90,978,383.51 Col$) |
28,801.53 $ (110,195,683.65 Col$) |
+21.1 % |
Utilities (Monthly) | Buenos Aires Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
49.40 $ (189,017.73 Col$) |
82.07 $ (313,985.56 Col$) |
+66.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.48 $ (59,242.86 Col$) |
10.20 $ (39,032.24 Col$) |
-34.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
20.17 $ (77,171.13 Col$) |
25.25 $ (96,615.38 Col$) |
+25.2 % |
Sports And Leisure | Buenos Aires Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
21.96 $ (84,011.16 Col$) |
27.30 $ (104,459.43 Col$) |
+24.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
8.57 $ (32,780.92 Col$) |
14.38 $ (55,000.00 Col$) |
+67.8 % |
| Cinema, International Release, 1 Seat |
4.42 $ (16,911.08 Col$) |
3.92 $ (15,000.00 Col$) |
-11.3 % |
Childcare | Buenos Aires Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
219.88 $ (841,249.52 Col$) |
240.46 $ (920,000.00 Col$) |
+9.4 % |
| International Primary School, Yearly for 1 Child |
5,225.19 $ (19,991,759.16 Col$) |
6,534.18 $ (25,000,000.00 Col$) |
+25.1 % |
Clothing And Shoes | Buenos Aires Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.17 $ (318,196.06 Col$) |
55.87 $ (213,756.96 Col$) |
-32.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
67.11 $ (256,751.99 Col$) |
40.68 $ (155,625.00 Col$) |
-39.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
116.33 $ (445,074.60 Col$) |
90.36 $ (345,714.29 Col$) |
-22.3 % |
| 1 Pair of Men Leather Business Shoes |
110.93 $ (424,420.36 Col$) |
87.71 $ (335,597.28 Col$) |
-20.9 % |
Rent Per Month | Buenos Aires Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
490.08 $ (1,875,059.37 Col$) |
475.33 $ (1,818,611.47 Col$) |
-3.0 % |
| Apartment (1 bedroom) Outside of Centre |
357.35 $ (1,367,244.98 Col$) |
376.06 $ (1,438,828.49 Col$) |
+5.2 % |
| Apartment (3 bedrooms) in City Centre |
933.47 $ (3,571,479.90 Col$) |
876.56 $ (3,353,766.00 Col$) |
-6.1 % |
| Apartment (3 bedrooms) Outside of Centre |
621.61 $ (2,378,312.94 Col$) |
796.10 $ (3,045,908.06 Col$) |
+28.1 % |
Buy Apartment Price | Buenos Aires Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
216.77 $ (829,385.63 Col$) |
168.37 $ (644,198.63 Col$) |
-22.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
164.04 $ (627,634.72 Col$) |
145.43 $ (556,413.11 Col$) |
-11.3 % |
Salaries And Financing | Buenos Aires Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
409.79 $ (1,567,877.15 Col$) |
428.06 $ (1,637,787.88 Col$) |
+4.5 % |
| 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: | 187 | 121 |
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