Cost of Living Comparison Between Santiago and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 24.8% lower than in Santiago (without rent)
Consumer Prices Including Rent in Medellin are 21.6% lower than in Santiago
Rent Prices in Medellin are 10.5% lower than in Santiago
Restaurant Prices in Medellin are 44.3% lower than in Santiago
Groceries Prices in Medellin are 26.3% 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$
(41,609.83 Col$)
5,287.21 CL$
(22,000.00 Col$)
     -47.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 50,000.00 CL$
(208,049.16 Col$)
26,436.06 CL$
(110,000.00 Col$)
     -47.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 8,000.00 CL$
(33,287.87 Col$)
6,008.20 CL$
(25,000.00 Col$)
     -24.9 %
Domestic Beer (1 pint draught) 3,000.00 CL$
(12,482.95 Col$)
1,201.64 CL$
(5,000.00 Col$)
     -59.9 %
Imported Beer (12 oz small bottle) 4,000.00 CL$
(16,643.93 Col$)
2,763.77 CL$
(11,500.00 Col$)
     -30.9 %
Cappuccino (regular) 2,738.50 CL$
(11,394.85 Col$)
1,491.21 CL$
(6,204.90 Col$)
     -45.5 %
Coke/Pepsi (12 oz small bottle) 1,485.85 CL$
(6,182.61 Col$)
906.36 CL$
(3,771.36 Col$)
     -39.0 %
Water (12 oz small bottle) 1,207.02 CL$
(5,022.39 Col$)
662.58 CL$
(2,756.97 Col$)
     -45.1 %
Markets
Santiago Edit Medellin Edit
Milk (regular), (1 gallon) 4,483.36 CL$
(18,655.17 Col$)
3,986.84 CL$
(16,589.19 Col$)
     -11.1 %
Loaf of Fresh White Bread (1 lb) 1,360.10 CL$
(5,659.36 Col$)
1,112.62 CL$
(4,629.61 Col$)
     -18.2 %
Rice (white), (1 lb) 739.59 CL$
(3,077.43 Col$)
529.72 CL$
(2,204.14 Col$)
     -28.4 %
Eggs (regular) (12) 3,571.54 CL$
(14,861.11 Col$)
2,016.43 CL$
(8,390.33 Col$)
     -43.5 %
Local Cheese (1 lb) 4,714.05 CL$
(19,615.06 Col$)
2,156.27 CL$
(8,972.20 Col$)
     -54.3 %
Chicken Fillets (1 lb) 2,860.47 CL$
(11,902.35 Col$)
2,544.47 CL$
(10,587.50 Col$)
     -11.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5,482.57 CL$
(22,812.86 Col$)
4,287.45 CL$
(17,840.03 Col$)
     -21.8 %
Apples (1 lb) 866.24 CL$
(3,604.41 Col$)
993.93 CL$
(4,135.71 Col$)
     +14.7 %
Banana (1 lb) 698.12 CL$
(2,904.88 Col$)
399.38 CL$
(1,661.83 Col$)
     -42.8 %
Oranges (1 lb) 762.07 CL$
(3,170.94 Col$)
512.94 CL$
(2,134.35 Col$)
     -32.7 %
Tomato (1 lb) 771.58 CL$
(3,210.52 Col$)
613.79 CL$
(2,553.99 Col$)
     -20.4 %
Potato (1 lb) 691.23 CL$
(2,876.18 Col$)
487.54 CL$
(2,028.66 Col$)
     -29.5 %
Onion (1 lb) 615.49 CL$
(2,561.05 Col$)
509.56 CL$
(2,120.25 Col$)
     -17.2 %
Lettuce (1 head) 1,055.17 CL$
(4,390.55 Col$)
796.28 CL$
(3,313.31 Col$)
     -24.5 %
Water (1.5 liter bottle) 1,139.03 CL$
(4,739.50 Col$)
750.36 CL$
(3,122.24 Col$)
     -34.1 %
Bottle of Wine (Mid-Range) 5,000.00 CL$
(20,804.92 Col$)
9,613.11 CL$
(40,000.00 Col$)
     +92.3 %
Domestic Beer (0.5 liter bottle) 1,330.71 CL$
(5,537.07 Col$)
1,097.39 CL$
(4,566.21 Col$)
     -17.5 %
Imported Beer (12 oz small bottle) 2,322.85 CL$
(9,665.32 Col$)
1,885.74 CL$
(7,846.52 Col$)
     -18.8 %
Cigarettes 20 Pack (Marlboro) 5,000.00 CL$
(20,804.92 Col$)
2,162.95 CL$
(9,000.00 Col$)
     -56.7 %
Transportation
Santiago Edit Medellin Edit
One-way Ticket (Local Transport) 800.00 CL$
(3,328.79 Col$)
702.96 CL$
(2,925.00 Col$)
     -12.1 %
Monthly Pass (Regular Price) 40,000.00 CL$
(166,439.33 Col$)
48,065.56 CL$
(200,000.00 Col$)
     +20.2 %
Taxi Start (Normal Tariff) 400.00 CL$
(1,664.39 Col$)
1,249.70 CL$
(5,200.00 Col$)
     +212.4 %
Taxi 1 mile (Normal Tariff) 2,212.85 CL$
(9,207.63 Col$)
3,094.16 CL$
(12,874.76 Col$)
     +39.8 %
Taxi 1hour Waiting (Normal Tariff) 9,000.00 CL$
(37,448.85 Col$)
7,209.83 CL$
(30,000.00 Col$)
     -19.9 %
Gasoline (1 gallon) 4,893.84 CL$
(20,363.18 Col$)
3,318.16 CL$
(13,806.79 Col$)
     -32.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,000,000.00 CL$
(66,575,730.95 Col$)
18,745,569.63 CL$
(78,000,000.00 Col$)
     +17.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 18,530,434.78 CL$
(77,104,827.53 Col$)
26,256,741.76 CL$
(109,253,860.93 Col$)
     +41.7 %
Utilities (Monthly)
Santiago Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 143,850.17 CL$
(598,558.13 Col$)
74,483.87 CL$
(309,926.14 Col$)
     -48.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,924.29 CL$
(45,455.77 Col$)
9,380.53 CL$
(39,032.24 Col$)
     -14.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20,418.46 CL$
(84,960.88 Col$)
23,082.27 CL$
(96,044.96 Col$)
     +13.0 %
Sports And Leisure
Santiago Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 37,348.15 CL$
(155,405.02 Col$)
25,150.89 CL$
(104,652.45 Col$)
     -32.7 %
Tennis Court Rent (1 Hour on Weekend) 18,560.49 CL$
(77,229.90 Col$)
13,218.03 CL$
(55,000.00 Col$)
     -28.8 %
Cinema, International Release, 1 Seat 5,800.00 CL$
(24,133.70 Col$)
3,604.92 CL$
(15,000.00 Col$)
     -37.8 %
Childcare
Santiago Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 374,074.38 CL$
(1,556,517.19 Col$)
206,982.33 CL$
(861,250.00 Col$)
     -44.7 %
International Primary School, Yearly for 1 Child 6,089,296.05 CL$
(25,337,458.45 Col$)
6,068,277.35 CL$
(25,250,000.00 Col$)
     -0.3 %
Clothing And Shoes
Santiago Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 50,337.18 CL$
(209,452.15 Col$)
51,283.75 CL$
(213,390.81 Col$)
     +1.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29,704.29 CL$
(123,599.03 Col$)
36,614.65 CL$
(152,352.94 Col$)
     +23.3 %
1 Pair of Nike Running Shoes (Mid-Range) 68,595.60 CL$
(285,425.14 Col$)
81,711.46 CL$
(340,000.00 Col$)
     +19.1 %
1 Pair of Men Leather Business Shoes 73,179.26 CL$
(304,497.67 Col$)
77,618.52 CL$
(322,969.35 Col$)
     +6.1 %
Rent Per Month
Santiago Edit Medellin Edit
Apartment (1 bedroom) in City Centre 500,875.74 CL$
(2,084,135.52 Col$)
432,699.37 CL$
(1,800,454.82 Col$)
     -13.6 %
Apartment (1 bedroom) Outside of Centre 423,793.10 CL$
(1,763,395.98 Col$)
333,977.23 CL$
(1,389,673.64 Col$)
     -21.2 %
Apartment (3 bedrooms) in City Centre 854,855.67 CL$
(3,557,040.05 Col$)
797,076.45 CL$
(3,316,621.73 Col$)
     -6.8 %
Apartment (3 bedrooms) Outside of Centre 762,333.33 CL$
(3,172,056.18 Col$)
711,468.18 CL$
(2,960,407.11 Col$)
     -6.7 %
Buy Apartment Price
Santiago Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 212,336.96 CL$
(883,530.51 Col$)
157,350.85 CL$
(654,734.23 Col$)
     -25.9 %
Price per Square Feet to Buy Apartment Outside of Centre 227,158.34 CL$
(945,202.02 Col$)
136,492.39 CL$
(567,942.52 Col$)
     -39.9 %
Salaries And Financing
Santiago Edit Medellin Edit
Average Monthly Net Salary (After Tax) 662,076.68 CL$
(2,754,889.92 Col$)
403,782.69 CL$
(1,680,133.00 Col$)
     -39.0 %
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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