Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Cost of Living in Medellin is 7.5% higher than in Bogota (without rent)
Cost of Living Including Rent in Medellin is 8.8% higher than in Bogota
Rent Prices in Medellin are 13.3% higher than in Bogota
Restaurant Prices in Medellin are 11.7% higher than in Bogota
Groceries Prices in Medellin are 6.2% higher than in Bogota
Local Purchasing Power in Medellin is 11.9% 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$ 24,500.00 Col$      +22.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 100,000.00 Col$ 120,000.00 Col$      +20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 30,000.00 Col$ 28,000.00 Col$      -6.7 %
Domestic Beer (1 pint draught) 5,000.00 Col$ 6,000.00 Col$      +20.0 %
Imported Beer (12 oz small bottle) 10,000.00 Col$ 12,000.00 Col$      +20.0 %
Cappuccino (regular) 6,318.74 Col$ 6,645.37 Col$      +5.2 %
Coke/Pepsi (12 oz small bottle) 3,389.99 Col$ 3,999.00 Col$      +18.0 %
Water (12 oz small bottle) 2,633.10 Col$ 2,988.23 Col$      +13.5 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 19,716.59 Col$ 17,173.73 Col$      -12.9 %
Loaf of Fresh White Bread (1 lb) 5,138.12 Col$ 5,103.21 Col$      -0.7 %
Rice (white), (1 lb) 2,272.38 Col$ 2,311.91 Col$      +1.7 %
Eggs (regular) (12) 9,852.17 Col$ 8,507.30 Col$      -13.7 %
Local Cheese (1 lb) 8,313.63 Col$ 9,135.64 Col$      +9.9 %
Chicken Fillets (1 lb) 9,668.44 Col$ 10,103.72 Col$      +4.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 13,961.36 Col$ 19,849.34 Col$      +42.2 %
Apples (1 lb) 4,926.25 Col$ 4,226.94 Col$      -14.2 %
Banana (1 lb) 2,211.70 Col$ 1,734.47 Col$      -21.6 %
Oranges (1 lb) 2,279.98 Col$ 2,638.52 Col$      +15.7 %
Tomato (1 lb) 2,372.10 Col$ 2,516.68 Col$      +6.1 %
Potato (1 lb) 1,952.15 Col$ 1,993.89 Col$      +2.1 %
Onion (1 lb) 1,933.44 Col$ 2,159.46 Col$      +11.7 %
Lettuce (1 head) 3,124.00 Col$ 3,844.09 Col$      +23.1 %
Water (1.5 liter bottle) 3,015.38 Col$ 3,414.42 Col$      +13.2 %
Bottle of Wine (Mid-Range) 35,000.00 Col$ 40,409.29 Col$      +15.5 %
Domestic Beer (0.5 liter bottle) 4,214.75 Col$ 4,473.66 Col$      +6.1 %
Imported Beer (12 oz small bottle) 7,840.00 Col$ 7,892.49 Col$      +0.7 %
Cigarettes 20 Pack (Marlboro) 10,000.00 Col$ 9,000.00 Col$      -10.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 3,000.00 Col$ 3,000.00 Col$      0.0 %
Monthly Pass (Regular Price) 150,000.00 Col$ 200,000.00 Col$      +33.3 %
Taxi Start (Normal Tariff) 6,000.00 Col$ 5,700.00 Col$      -5.0 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 11,506.81 Col$      +16.8 %
Taxi 1hour Waiting (Normal Tariff) 18,000.00 Col$ 29,000.00 Col$      +61.1 %
Gasoline (1 gallon) 14,887.79 Col$ 14,852.00 Col$      -0.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 65,000,000.00 Col$ 77,000,000.00 Col$      +18.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 91,031,250.00 Col$ 107,786,500.49 Col$      +18.4 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 384,914.55 Col$ 331,274.85 Col$      -13.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41,766.67 Col$ 39,186.74 Col$      -6.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 104,593.75 Col$ 98,500.00 Col$      -5.8 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 87,750.00 Col$ 106,489.71 Col$      +21.4 %
Tennis Court Rent (1 Hour on Weekend) 35,012.04 Col$ 48,750.00 Col$      +39.2 %
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 876,363.64 Col$ 1,006,666.67 Col$      +14.9 %
International Primary School, Yearly for 1 Child 28,763,636.36 Col$ 25,800,000.00 Col$      -10.3 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 204,245.11 Col$ 226,780.36 Col$      +11.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 176,459.30 Col$ 144,344.18 Col$      -18.2 %
1 Pair of Nike Running Shoes (Mid-Range) 351,359.63 Col$ 366,315.79 Col$      +4.3 %
1 Pair of Men Leather Business Shoes 301,322.79 Col$ 348,674.41 Col$      +15.7 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,859,069.65 Col$ 1,906,498.87 Col$      +2.6 %
Apartment (1 bedroom) Outside of Centre 1,387,875.85 Col$ 1,487,369.18 Col$      +7.2 %
Apartment (3 bedrooms) in City Centre 2,965,437.41 Col$ 3,414,619.43 Col$      +15.1 %
Apartment (3 bedrooms) Outside of Centre 2,449,920.17 Col$ 3,001,900.26 Col$      +22.5 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 669,223.34 Col$ 610,416.30 Col$      -8.8 %
Price per Square Feet to Buy Apartment Outside of Centre 500,242.98 Col$ 535,117.06 Col$      +7.0 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,432,184.38 Col$ 1,744,042.03 Col$      +21.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.89 15.69      +12.9 %
Last update: July 2024July 2024
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