Cost of Living Comparison Between Buenos Aires and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 5.8% higher than in Buenos Aires (without rent) | |
| Consumer Prices Including Rent in Medellin are 4.7% higher than in Buenos Aires | |
| Rent Prices in Medellin are 1.4% higher than in Buenos Aires | |
| Restaurant Prices in Medellin are 20.2% lower than in Buenos Aires | |
| Groceries Prices in Medellin are 5.5% higher than in Buenos Aires | |
| Local Purchasing Power in Medellin is 0.5% higher than in Buenos Aires | |
Restaurants | Buenos Aires Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
8.00 $ (31,650.58 Col$) |
5.56 $ (22,000.00 Col$) |
-30.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
34.00 $ (134,514.96 Col$) |
27.80 $ (110,000.00 Col$) |
-18.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.00 $ (23,737.93 Col$) |
6.32 $ (25,000.00 Col$) |
+5.3 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,934.48 Col$) |
1.26 $ (5,000.00 Col$) |
-15.7 % |
| Imported Beer (12 oz small bottle) |
2.50 $ (9,890.81 Col$) |
2.91 $ (11,500.00 Col$) |
+16.3 % |
| Cappuccino (regular) |
2.15 $ (8,506.09 Col$) |
1.57 $ (6,204.90 Col$) |
-27.1 % |
| Coke/Pepsi (12 oz small bottle) |
1.31 $ (5,166.96 Col$) |
0.95 $ (3,771.36 Col$) |
-27.0 % |
| Water (12 oz small bottle) |
0.99 $ (3,928.93 Col$) |
0.70 $ (2,756.97 Col$) |
-29.8 % |
Markets | Buenos Aires Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.03 $ (15,963.24 Col$) |
4.19 $ (16,589.19 Col$) |
+3.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.59 $ (6,298.58 Col$) |
1.17 $ (4,629.61 Col$) |
-26.5 % |
| Rice (white), (1 lb) |
0.71 $ (2,804.41 Col$) |
0.56 $ (2,204.14 Col$) |
-21.4 % |
| Eggs (regular) (12) |
2.03 $ (8,049.42 Col$) |
2.12 $ (8,390.33 Col$) |
+4.2 % |
| Local Cheese (1 lb) |
4.01 $ (15,877.43 Col$) |
2.27 $ (8,972.20 Col$) |
-43.5 % |
| Chicken Fillets (1 lb) |
1.99 $ (7,888.61 Col$) |
2.68 $ (10,587.50 Col$) |
+34.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2.82 $ (11,138.12 Col$) |
4.51 $ (17,840.03 Col$) |
+60.2 % |
| Apples (1 lb) |
0.80 $ (3,155.99 Col$) |
1.05 $ (4,135.71 Col$) |
+31.0 % |
| Banana (1 lb) |
0.81 $ (3,193.79 Col$) |
0.42 $ (1,661.83 Col$) |
-48.0 % |
| Oranges (1 lb) |
0.48 $ (1,887.22 Col$) |
0.54 $ (2,134.35 Col$) |
+13.1 % |
| Tomato (1 lb) |
0.71 $ (2,804.97 Col$) |
0.65 $ (2,553.99 Col$) |
-8.9 % |
| Potato (1 lb) |
0.38 $ (1,523.04 Col$) |
0.51 $ (2,028.66 Col$) |
+33.2 % |
| Onion (1 lb) |
0.40 $ (1,588.61 Col$) |
0.54 $ (2,120.25 Col$) |
+33.5 % |
| Lettuce (1 head) |
1.10 $ (4,342.46 Col$) |
0.84 $ (3,313.31 Col$) |
-23.7 % |
| Water (1.5 liter bottle) |
1.04 $ (4,128.96 Col$) |
0.79 $ (3,122.24 Col$) |
-24.4 % |
| Bottle of Wine (Mid-Range) |
4.00 $ (15,825.29 Col$) |
10.11 $ (40,000.00 Col$) |
+152.8 % |
| Domestic Beer (0.5 liter bottle) |
1.09 $ (4,317.19 Col$) |
1.15 $ (4,566.21 Col$) |
+5.8 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (7,345.57 Col$) |
1.98 $ (7,846.52 Col$) |
+6.8 % |
| Cigarettes 20 Pack (Marlboro) |
2.00 $ (7,912.64 Col$) |
2.27 $ (9,000.00 Col$) |
+13.7 % |
Transportation | Buenos Aires Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.29 $ (1,167.12 Col$) |
0.74 $ (2,925.00 Col$) |
+150.6 % |
| Monthly Pass (Regular Price) |
7.53 $ (29,788.85 Col$) |
50.55 $ (200,000.00 Col$) |
+571.4 % |
| Taxi Start (Normal Tariff) |
1.00 $ (3,956.32 Col$) |
1.31 $ (5,200.00 Col$) |
+31.4 % |
| Taxi 1 mile (Normal Tariff) |
1.43 $ (5,666.71 Col$) |
3.25 $ (12,874.76 Col$) |
+127.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
5.00 $ (19,781.61 Col$) |
7.58 $ (30,000.00 Col$) |
+51.7 % |
| Gasoline (1 gallon) |
3.45 $ (13,638.76 Col$) |
3.49 $ (13,806.79 Col$) |
+1.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
19,500.00 $ (77,148,286.33 Col$) |
19,715.28 $ (78,000,000.00 Col$) |
+1.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23,867.70 $ (94,428,315.57 Col$) |
27,615.00 $ (109,253,860.93 Col$) |
+15.7 % |
Utilities (Monthly) | Buenos Aires Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
41.46 $ (164,024.48 Col$) |
78.34 $ (309,926.14 Col$) |
+89.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.47 $ (61,215.38 Col$) |
9.87 $ (39,032.24 Col$) |
-36.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
19.38 $ (76,681.14 Col$) |
24.28 $ (96,044.96 Col$) |
+25.3 % |
Sports And Leisure | Buenos Aires Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
21.45 $ (84,878.62 Col$) |
26.45 $ (104,652.45 Col$) |
+23.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
7.73 $ (30,570.20 Col$) |
13.90 $ (55,000.00 Col$) |
+79.9 % |
| Cinema, International Release, 1 Seat |
4.08 $ (16,122.01 Col$) |
3.79 $ (15,000.00 Col$) |
-7.0 % |
Childcare | Buenos Aires Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
219.88 $ (869,896.38 Col$) |
217.69 $ (861,250.00 Col$) |
-1.0 % |
| International Primary School, Yearly for 1 Child |
5,139.10 $ (20,331,933.49 Col$) |
6,382.19 $ (25,250,000.00 Col$) |
+24.2 % |
Clothing And Shoes | Buenos Aires Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.92 $ (316,187.56 Col$) |
53.94 $ (213,390.81 Col$) |
-32.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
63.99 $ (253,166.72 Col$) |
38.51 $ (152,352.94 Col$) |
-39.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
113.49 $ (448,996.81 Col$) |
85.94 $ (340,000.00 Col$) |
-24.3 % |
| 1 Pair of Men Leather Business Shoes |
99.74 $ (394,617.24 Col$) |
81.63 $ (322,969.35 Col$) |
-18.2 % |
Rent Per Month | Buenos Aires Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
480.08 $ (1,899,364.43 Col$) |
455.08 $ (1,800,454.82 Col$) |
-5.2 % |
| Apartment (1 bedroom) Outside of Centre |
356.88 $ (1,411,912.55 Col$) |
351.25 $ (1,389,673.64 Col$) |
-1.6 % |
| Apartment (3 bedrooms) in City Centre |
901.81 $ (3,567,868.18 Col$) |
838.31 $ (3,316,621.73 Col$) |
-7.0 % |
| Apartment (3 bedrooms) Outside of Centre |
620.69 $ (2,455,648.37 Col$) |
748.27 $ (2,960,407.11 Col$) |
+20.6 % |
Buy Apartment Price | Buenos Aires Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
218.80 $ (865,639.90 Col$) |
165.49 $ (654,734.23 Col$) |
-24.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
166.27 $ (657,828.65 Col$) |
143.55 $ (567,942.52 Col$) |
-13.7 % |
Salaries And Financing | Buenos Aires Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
403.79 $ (1,597,529.74 Col$) |
424.67 $ (1,680,133.00 Col$) |
+5.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 51.15 | 14.23 | -72.2 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 178 | 118 |
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