Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Cost of Living in Medellin is 6.1% higher than in Bogota (without rent)
Cost of Living Including Rent in Medellin is 9.1% higher than in Bogota
Rent Prices in Medellin are 19.6% higher than in Bogota
Restaurant Prices in Medellin are 5.9% higher than in Bogota
Groceries Prices in Medellin are 5.2% higher than in Bogota
Local Purchasing Power in Medellin is 16.9% higher than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20,500.0 Col$ 25,000.0 Col$      +22.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 120,000.0 Col$ 120,000.0 Col$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 30,000.0 Col$ 28,500.0 Col$      -5.0 %
Domestic Beer (1 pint draught) 5,000.0 Col$ 5,500.0 Col$      +10.0 %
Imported Beer (12 oz small bottle) 10,000.0 Col$ 12,000.0 Col$      +20.0 %
Cappuccino (regular) 6,297.3 Col$ 6,601.04 Col$      +4.8 %
Coke/Pepsi (12 oz small bottle) 3,373.98 Col$ 4,143.62 Col$      +22.8 %
Water (12 oz small bottle) 2,623.63 Col$ 3,001.89 Col$      +14.4 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 19,289.23 Col$ 17,024.05 Col$      -11.7 %
Loaf of Fresh White Bread (1 lb) 5,049.7 Col$ 5,422.74 Col$      +7.4 %
Rice (white), (1 lb) 2,335.41 Col$ 2,408.59 Col$      +3.1 %
Eggs (regular) (12) 8,913.71 Col$ 8,416.05 Col$      -5.6 %
Local Cheese (1 lb) 8,598.94 Col$ 8,761.78 Col$      +1.9 %
Chicken Fillets (1 lb) 9,503.94 Col$ 9,754.08 Col$      +2.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 13,266.48 Col$ 19,320.75 Col$      +45.6 %
Apples (1 lb) 4,861.14 Col$ 4,042.72 Col$      -16.8 %
Banana (1 lb) 2,116.06 Col$ 1,748.1 Col$      -17.4 %
Oranges (1 lb) 2,353.61 Col$ 2,423.17 Col$      +3.0 %
Tomato (1 lb) 2,290.36 Col$ 2,425.97 Col$      +5.9 %
Potato (1 lb) 1,995.77 Col$ 2,039.23 Col$      +2.2 %
Onion (1 lb) 1,973.69 Col$ 2,148.48 Col$      +8.9 %
Lettuce (1 head) 3,089.66 Col$ 3,588.66 Col$      +16.2 %
Water (1.5 liter bottle) 3,152.69 Col$ 3,419.26 Col$      +8.5 %
Bottle of Wine (Mid-Range) 40,000.0 Col$ 40,000.0 Col$      0.0 %
Domestic Beer (0.5 liter bottle) 4,305.97 Col$ 4,568.7 Col$      +6.1 %
Imported Beer (12 oz small bottle) 7,428.57 Col$ 8,239.4 Col$      +10.9 %
Cigarettes 20 Pack (Marlboro) 10,000.0 Col$ 9,000.0 Col$      -10.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 3,000.0 Col$ 3,075.0 Col$      +2.5 %
Monthly Pass (Regular Price) 173,913.04 Col$ 185,000.0 Col$      +6.4 %
Taxi Start (Normal Tariff) 5,850.0 Col$ 5,400.0 Col$      -7.7 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 11,506.81 Col$      +16.8 %
Taxi 1hour Waiting (Normal Tariff) 24,000.0 Col$ 29,000.0 Col$      +20.8 %
Gasoline (1 gallon) 15,137.17 Col$ 14,932.34 Col$      -1.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 65,000,000.0 Col$ 77,500,000.0 Col$      +19.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 95,088,235.29 Col$ 120,060,547.26 Col$      +26.3 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 364,437.46 Col$ 321,508.44 Col$      -11.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 45,824.14 Col$ 38,777.4 Col$      -15.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 102,088.24 Col$ 98,428.57 Col$      -3.6 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 92,111.11 Col$ 111,583.35 Col$      +21.1 %
Tennis Court Rent (1 Hour on Weekend) 38,235.29 Col$ 65,000.0 Col$      +70.0 %
Cinema, International Release, 1 Seat 20,000.0 Col$ 16,500.0 Col$      -17.5 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 973,200.0 Col$ 1,006,666.67 Col$      +3.4 %
International Primary School, Yearly for 1 Child 32,145,454.55 Col$ 25,800,000.0 Col$      -19.7 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 211,924.63 Col$ 239,446.67 Col$      +13.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 181,982.94 Col$ 144,189.13 Col$      -20.8 %
1 Pair of Nike Running Shoes (Mid-Range) 360,658.19 Col$ 372,941.18 Col$      +3.4 %
1 Pair of Men Leather Business Shoes 307,025.72 Col$ 370,229.35 Col$      +20.6 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,807,453.57 Col$ 1,944,480.1 Col$      +7.6 %
Apartment (1 bedroom) Outside of Centre 1,373,476.36 Col$ 1,490,649.31 Col$      +8.5 %
Apartment (3 bedrooms) in City Centre 2,905,966.61 Col$ 3,566,213.48 Col$      +22.7 %
Apartment (3 bedrooms) Outside of Centre 2,355,440.14 Col$ 3,095,409.0 Col$      +31.4 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 656,976.12 Col$ 577,758.95 Col$      -12.1 %
Price per Square Feet to Buy Apartment Outside of Centre 513,777.74 Col$ 550,807.22 Col$      +7.2 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,386,527.55 Col$ 1,768,519.61 Col$      +27.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.32 15.69      +17.8 %
Last update: October 2024September 2024
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