Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 3.7% higher than in Bogota (without rent)
Consumer Prices Including Rent in Medellin are 6.9% higher than in Bogota
Rent Prices in Medellin are 18.0% higher than in Bogota
Restaurant Prices in Medellin are 6.4% higher than in Bogota
Groceries Prices in Medellin are 2.8% higher than in Bogota
Local Purchasing Power in Medellin is 6.2% 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 100,000.00 Col$ 110,000.00 Col$      +10.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 27,950.00 Col$ 25,000.00 Col$      -10.6 %
Domestic Beer (1 pint draught) 4,500.00 Col$ 5,000.00 Col$      +11.1 %
Imported Beer (12 oz small bottle) 9,000.00 Col$ 10,500.00 Col$      +16.7 %
Cappuccino (regular) 6,106.01 Col$ 6,244.62 Col$      +2.3 %
Coke/Pepsi (12 oz small bottle) 3,252.09 Col$ 3,821.85 Col$      +17.5 %
Water (12 oz small bottle) 2,598.18 Col$ 2,772.29 Col$      +6.7 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 19,562.79 Col$ 16,752.03 Col$      -14.4 %
Loaf of Fresh White Bread (1 lb) 5,008.01 Col$ 4,564.02 Col$      -8.9 %
Rice (white), (1 lb) 2,370.09 Col$ 2,176.53 Col$      -8.2 %
Eggs (regular) (12) 8,845.00 Col$ 8,320.35 Col$      -5.9 %
Local Cheese (1 lb) 8,817.94 Col$ 8,907.40 Col$      +1.0 %
Chicken Fillets (1 lb) 9,387.63 Col$ 10,207.77 Col$      +8.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 13,978.40 Col$ 16,884.46 Col$      +20.8 %
Apples (1 lb) 4,582.91 Col$ 4,341.12 Col$      -5.3 %
Banana (1 lb) 2,090.42 Col$ 1,676.35 Col$      -19.8 %
Oranges (1 lb) 2,142.79 Col$ 2,202.48 Col$      +2.8 %
Tomato (1 lb) 2,393.16 Col$ 2,510.48 Col$      +4.9 %
Potato (1 lb) 1,807.70 Col$ 2,092.39 Col$      +15.7 %
Onion (1 lb) 1,874.16 Col$ 2,078.07 Col$      +10.9 %
Lettuce (1 head) 3,104.55 Col$ 3,356.21 Col$      +8.1 %
Water (1.5 liter bottle) 3,193.33 Col$ 2,976.83 Col$      -6.8 %
Bottle of Wine (Mid-Range) 35,000.00 Col$ 39,131.24 Col$      +11.8 %
Domestic Beer (0.5 liter bottle) 4,170.93 Col$ 4,549.10 Col$      +9.1 %
Imported Beer (12 oz small bottle) 7,696.43 Col$ 7,515.71 Col$      -2.3 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$ 9,000.00 Col$      0.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 2,975.00 Col$ 2,900.00 Col$      -2.5 %
Monthly Pass (Regular Price) 154,500.00 Col$ 200,000.00 Col$      +29.4 %
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) 25,000.00 Col$ 30,000.00 Col$      +20.0 %
Gasoline (1 gallon) 14,365.42 Col$ 13,430.78 Col$      -6.5 %
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) 97,206,250.00 Col$ 109,081,065.63 Col$      +12.2 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 408,434.85 Col$ 300,698.21 Col$      -26.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 40,769.23 Col$ 38,824.86 Col$      -4.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 111,020.45 Col$ 99,221.94 Col$      -10.6 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 97,932.05 Col$ 105,100.47 Col$      +7.3 %
Tennis Court Rent (1 Hour on Weekend) 36,666.67 Col$ 55,000.00 Col$      +50.0 %
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 893,291.67 Col$ 861,250.00 Col$      -3.6 %
International Primary School, Yearly for 1 Child 27,500,000.00 Col$ 25,250,000.00 Col$      -8.2 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 216,870.83 Col$ 211,350.33 Col$      -2.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 165,673.12 Col$ 152,500.00 Col$      -8.0 %
1 Pair of Nike Running Shoes (Mid-Range) 342,645.18 Col$ 340,000.00 Col$      -0.8 %
1 Pair of Men Leather Business Shoes 287,441.70 Col$ 322,609.36 Col$      +12.2 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,681,014.92 Col$ 1,791,904.69 Col$      +6.6 %
Apartment (1 bedroom) Outside of Centre 1,231,121.61 Col$ 1,386,996.87 Col$      +12.7 %
Apartment (3 bedrooms) in City Centre 2,764,236.95 Col$ 3,191,606.43 Col$      +15.5 %
Apartment (3 bedrooms) Outside of Centre 2,133,036.85 Col$ 2,842,861.53 Col$      +33.3 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 679,429.67 Col$ 628,962.44 Col$      -7.4 %
Price per Square Feet to Buy Apartment Outside of Centre 508,369.28 Col$ 570,265.08 Col$      +12.2 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,437,321.48 Col$ 1,631,905.53 Col$      +13.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.01 14.05      +0.3 %
Last update: February 2024February 2024
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