Cost of Living Comparison Between Santiago and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 23.6% lower than in Santiago (without rent)
Consumer Prices Including Rent in Medellin are 20.4% lower than in Santiago
Rent Prices in Medellin are 9.4% lower than in Santiago
Restaurant Prices in Medellin are 42.4% lower than in Santiago
Groceries Prices in Medellin are 25.6% lower than in Santiago
Local Purchasing Power in Medellin is 22.2% 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$
(40,936.00 Col$)
5,374.24 CL$
(22,000.00 Col$)
     -46.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 47,500.00 CL$
(194,445.98 Col$)
26,871.22 CL$
(110,000.00 Col$)
     -43.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(32,748.80 Col$)
6,107.09 CL$
(25,000.00 Col$)
     -23.7 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(12,280.80 Col$)
1,221.42 CL$
(5,000.00 Col$)
     -59.3 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(16,374.40 Col$)
2,564.98 CL$
(10,500.00 Col$)
     -35.9 %
Cappuccino (regular) 2,757.25 CL$
(11,287.07 Col$)
1,533.34 CL$
(6,276.89 Col$)
     -44.4 %
Coke/Pepsi (12 oz small bottle) 1,506.31 CL$
(6,166.24 Col$)
926.06 CL$
(3,790.94 Col$)
     -38.5 %
Water (12 oz small bottle) 1,230.15 CL$
(5,035.73 Col$)
678.92 CL$
(2,779.21 Col$)
     -44.8 %
Markets
Santiago Edit Medellin Edit
Milk (regular), (1 gallon) 4,483.95 CL$
(18,355.49 Col$)
4,092.25 CL$
(16,752.03 Col$)
     -8.7 %
Loaf of Fresh White Bread (1 lb) 1,360.35 CL$
(5,568.75 Col$)
1,121.48 CL$
(4,590.87 Col$)
     -17.6 %
Rice (white), (1 lb) 739.73 CL$
(3,028.14 Col$)
537.73 CL$
(2,201.24 Col$)
     -27.3 %
Eggs (regular) (12) 3,571.96 CL$
(14,622.16 Col$)
2,062.26 CL$
(8,442.09 Col$)
     -42.3 %
Local Cheese (1 lb) 4,714.62 CL$
(19,299.77 Col$)
2,265.63 CL$
(9,274.59 Col$)
     -51.9 %
Chicken Fillets (1 lb) 2,860.47 CL$
(11,709.60 Col$)
2,492.30 CL$
(10,202.48 Col$)
     -12.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,483.24 CL$
(22,446.20 Col$)
4,194.44 CL$
(17,170.34 Col$)
     -23.5 %
Apples (1 lb) 866.35 CL$
(3,546.47 Col$)
1,008.30 CL$
(4,127.58 Col$)
     +16.4 %
Banana (1 lb) 698.18 CL$
(2,858.07 Col$)
406.23 CL$
(1,662.95 Col$)
     -41.8 %
Oranges (1 lb) 762.17 CL$
(3,120.02 Col$)
520.87 CL$
(2,132.25 Col$)
     -31.7 %
Tomato (1 lb) 771.58 CL$
(3,158.53 Col$)
623.90 CL$
(2,553.99 Col$)
     -19.1 %
Potato (1 lb) 691.23 CL$
(2,829.60 Col$)
495.14 CL$
(2,026.91 Col$)
     -28.4 %
Onion (1 lb) 615.49 CL$
(2,519.57 Col$)
517.56 CL$
(2,118.70 Col$)
     -15.9 %
Lettuce (1 head) 1,055.17 CL$
(4,319.45 Col$)
808.33 CL$
(3,308.98 Col$)
     -23.4 %
Water (1.5 liter bottle) 1,139.15 CL$
(4,663.22 Col$)
761.41 CL$
(3,116.90 Col$)
     -33.2 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(20,468.00 Col$)
9,644.05 CL$
(39,478.89 Col$)
     +92.9 %
Domestic Beer (0.5 liter bottle) 1,330.87 CL$
(5,448.04 Col$)
1,114.34 CL$
(4,561.66 Col$)
     -16.3 %
Imported Beer (12 oz small bottle) 2,323.04 CL$
(9,509.59 Col$)
1,914.60 CL$
(7,837.61 Col$)
     -17.6 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(20,468.00 Col$)
2,198.55 CL$
(9,000.00 Col$)
     -56.0 %
Transportation
Santiago Edit Medellin Edit
One-way Ticket (Local Transport) 800.00 CL$
(3,274.88 Col$)
708.42 CL$
(2,900.00 Col$)
     -11.4 %
Monthly Pass (Regular Price) 40,000.00 CL$
(163,743.99 Col$)
48,856.76 CL$
(200,000.00 Col$)
     +22.1 %
Taxi Start (Normal Tariff) 400.00 CL$
(1,637.44 Col$)
1,221.42 CL$
(5,000.00 Col$)
     +205.4 %
Taxi 1 mile (Normal Tariff) 2,212.85 CL$
(9,058.52 Col$)
3,145.09 CL$
(12,874.76 Col$)
     +42.1 %
Taxi 1hour Waiting (Normal Tariff) 9,000.00 CL$
(36,842.40 Col$)
7,328.51 CL$
(30,000.00 Col$)
     -18.6 %
Gasoline (1 gallon) 4,900.07 CL$
(20,058.93 Col$)
3,360.34 CL$
(13,755.87 Col$)
     -31.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(65,497,594.85 Col$)
19,054,134.78 CL$
(78,000,000.00 Col$)
     +19.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,530,434.78 CL$
(75,856,181.86 Col$)
26,629,785.56 CL$
(109,011,681.58 Col$)
     +43.7 %
Utilities (Monthly)
Santiago Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 143,869.68 CL$
(588,944.87 Col$)
73,775.26 CL$
(302,006.39 Col$)
     -48.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,924.29 CL$
(44,719.65 Col$)
9,520.17 CL$
(38,971.75 Col$)
     -12.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,418.46 CL$
(83,585.01 Col$)
23,226.92 CL$
(95,081.69 Col$)
     +13.8 %
Sports And Leisure
Santiago Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 37,348.15 CL$
(152,888.37 Col$)
25,542.71 CL$
(104,561.63 Col$)
     -31.6 %
Tennis Court Rent (1 Hour on Weekend) 18,563.93 CL$
(75,993.29 Col$)
13,435.61 CL$
(55,000.00 Col$)
     -27.6 %
Cinema, International Release, 1 Seat 5,800.00 CL$
(23,742.88 Col$)
4,030.68 CL$
(16,500.00 Col$)
     -30.5 %
Childcare
Santiago Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 374,116.46 CL$
(1,531,483.01 Col$)
210,389.40 CL$
(861,250.00 Col$)
     -43.8 %
International Primary School, Yearly for 1 Child 6,090,738.89 CL$
(24,933,046.76 Col$)
6,168,165.43 CL$
(25,250,000.00 Col$)
     +1.3 %
Clothing And Shoes
Santiago Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 50,342.17 CL$
(206,080.70 Col$)
51,618.31 CL$
(211,304.68 Col$)
     +2.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,704.29 CL$
(121,597.45 Col$)
37,217.35 CL$
(152,352.94 Col$)
     +25.3 %
1 Pair of Nike Running Shoes (Mid-Range) 68,595.60 CL$
(280,802.93 Col$)
83,754.44 CL$
(342,857.14 Col$)
     +22.1 %
1 Pair of Men Leather Business Shoes 73,179.26 CL$
(299,566.59 Col$)
78,772.92 CL$
(322,464.81 Col$)
     +7.6 %
Rent Per Month
Santiago Edit Medellin Edit
Apartment (1 bedroom) in City Centre 501,052.00 CL$
(2,051,106.29 Col$)
438,503.66 CL$
(1,795,058.43 Col$)
     -12.5 %
Apartment (1 bedroom) Outside of Centre 423,793.10 CL$
(1,734,839.31 Col$)
338,876.64 CL$
(1,387,225.32 Col$)
     -20.0 %
Apartment (3 bedrooms) in City Centre 854,955.17 CL$
(3,499,844.22 Col$)
801,566.76 CL$
(3,281,293.42 Col$)
     -6.2 %
Apartment (3 bedrooms) Outside of Centre 762,333.33 CL$
(3,120,687.49 Col$)
720,416.67 CL$
(2,949,097.46 Col$)
     -5.5 %
Buy Apartment Price
Santiago Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 212,336.96 CL$
(869,222.50 Col$)
159,678.43 CL$
(653,659.57 Col$)
     -24.8 %
Price per Square Feet to Buy Apartment Outside of Centre 227,201.90 CL$
(930,073.62 Col$)
140,810.75 CL$
(576,422.83 Col$)
     -38.0 %
Salaries And Financing
Santiago Edit Medellin Edit
Average Monthly Net Salary (After Tax) 662,273.47 CL$
(2,711,082.47 Col$)
410,429.24 CL$
(1,680,133.00 Col$)
     -38.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.28 14.23      +169.3 %
Last update: April 2024April 2024
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