Cost of Living Comparison Between Bogota and Medellin 

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Indices DifferenceInfo
Consumer Prices in Medellin are 5.4% higher than in Bogota (without rent)
Consumer Prices Including Rent in Medellin are 8.5% higher than in Bogota
Rent Prices in Medellin are 18.7% higher than in Bogota
Restaurant Prices in Medellin are 3.2% higher than in Bogota
Groceries Prices in Medellin are 4.8% higher than in Bogota
Local Purchasing Power in Medellin is 4.3% higher than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20,000.00 Col$ 22,000.00 Col$      +10.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$ 110,000.00 Col$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 28,000.00 Col$ 25,000.00 Col$      -10.7 %
Domestic Beer (1 pint draught) 4,750.00 Col$ 5,000.00 Col$      +5.3 %
Imported Beer (12 oz small bottle) 10,000.00 Col$ 12,000.00 Col$      +20.0 %
Cappuccino (regular) 6,221.50 Col$ 6,455.87 Col$      +3.8 %
Coke/Pepsi (12 oz small bottle) 3,359.72 Col$ 3,879.68 Col$      +15.5 %
Water (12 oz small bottle) 2,496.90 Col$ 2,838.81 Col$      +13.7 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 20,103.61 Col$ 16,958.65 Col$      -15.6 %
Loaf of Fresh White Bread (1 lb) 5,041.00 Col$ 4,659.29 Col$      -7.6 %
Rice (white), (1 lb) 2,396.40 Col$ 2,193.00 Col$      -8.5 %
Eggs (regular) (12) 9,102.10 Col$ 8,472.52 Col$      -6.9 %
Local Cheese (1 lb) 8,095.63 Col$ 9,057.93 Col$      +11.9 %
Chicken Fillets (1 lb) 9,594.47 Col$ 10,302.43 Col$      +7.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 14,174.67 Col$ 18,533.01 Col$      +30.7 %
Apples (1 lb) 4,596.59 Col$ 4,284.85 Col$      -6.8 %
Banana (1 lb) 2,155.89 Col$ 1,639.14 Col$      -24.0 %
Oranges (1 lb) 2,306.04 Col$ 2,271.52 Col$      -1.5 %
Tomato (1 lb) 2,521.64 Col$ 2,603.30 Col$      +3.2 %
Potato (1 lb) 1,850.19 Col$ 2,097.37 Col$      +13.4 %
Onion (1 lb) 1,936.02 Col$ 2,248.71 Col$      +16.2 %
Lettuce (1 head) 3,240.91 Col$ 3,401.38 Col$      +5.0 %
Water (1.5 liter bottle) 3,093.33 Col$ 3,347.65 Col$      +8.2 %
Bottle of Wine (Mid-Range) 35,000.00 Col$ 38,866.14 Col$      +11.0 %
Domestic Beer (0.5 liter bottle) 4,216.45 Col$ 4,471.59 Col$      +6.1 %
Imported Beer (12 oz small bottle) 7,903.85 Col$ 7,888.53 Col$      -0.2 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$ 9,000.00 Col$      0.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 3,000.00 Col$ 2,925.00 Col$      -2.5 %
Monthly Pass (Regular Price) 150,000.00 Col$ 200,000.00 Col$      +33.3 %
Taxi Start (Normal Tariff) 5,500.00 Col$ 5,000.00 Col$      -9.1 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 12,874.76 Col$      +30.7 %
Taxi 1hour Waiting (Normal Tariff) 21,500.00 Col$ 30,000.00 Col$      +39.5 %
Gasoline (1 gallon) 14,590.25 Col$ 14,719.98 Col$      +0.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 65,000,000.00 Col$ 78,000,000.00 Col$      +20.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 93,323,529.41 Col$ 110,470,864.78 Col$      +18.4 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 400,597.46 Col$ 313,985.56 Col$      -21.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 40,266.67 Col$ 39,032.24 Col$      -3.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 107,015.67 Col$ 96,615.38 Col$      -9.7 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 90,782.05 Col$ 104,547.88 Col$      +15.2 %
Tennis Court Rent (1 Hour on Weekend) 36,944.44 Col$ 55,000.00 Col$      +48.9 %
Cinema, International Release, 1 Seat 20,000.00 Col$ 15,000.00 Col$      -25.0 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 889,192.31 Col$ 920,000.00 Col$      +3.5 %
International Primary School, Yearly for 1 Child 28,562,500.00 Col$ 25,000,000.00 Col$      -12.5 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 211,259.94 Col$ 213,912.14 Col$      +1.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 168,890.97 Col$ 155,625.00 Col$      -7.9 %
1 Pair of Nike Running Shoes (Mid-Range) 343,108.52 Col$ 345,714.29 Col$      +0.8 %
1 Pair of Men Leather Business Shoes 291,211.39 Col$ 336,050.88 Col$      +15.4 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,780,503.46 Col$ 1,823,648.27 Col$      +2.4 %
Apartment (1 bedroom) Outside of Centre 1,225,575.56 Col$ 1,440,846.05 Col$      +17.6 %
Apartment (3 bedrooms) in City Centre 2,774,156.88 Col$ 3,357,920.52 Col$      +21.0 %
Apartment (3 bedrooms) Outside of Centre 2,369,608.20 Col$ 3,048,733.58 Col$      +28.7 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 690,840.61 Col$ 645,340.44 Col$      -6.6 %
Price per Square Feet to Buy Apartment Outside of Centre 507,090.30 Col$ 556,413.11 Col$      +9.7 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,447,384.89 Col$ 1,637,787.88 Col$      +13.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 14.55      +5.6 %
Last update: May 2024May 2024
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