Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 4.4% higher than in Bogota (without rent)
Consumer Prices Including Rent in Medellin are 5.0% higher than in Bogota
Rent Prices in Medellin are 6.8% higher than in Bogota
Restaurant Prices in Medellin are 13.5% higher than in Bogota
Groceries Prices in Medellin are 1.2% lower than in Bogota
Local Purchasing Power in Medellin is 9.0% lower than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 15,000.00 Col$ 20,000.00 Col$      +33.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 90,000.00 Col$ 100,000.00 Col$      +11.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 26,000.00 Col$ 25,000.00 Col$      -3.8 %
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$ 10,000.00 Col$      +11.1 %
Cappuccino (regular) 5,995.50 Col$ 5,921.79 Col$      -1.2 %
Coke/Pepsi (12 oz small bottle) 3,046.96 Col$ 3,600.39 Col$      +18.2 %
Water (12 oz small bottle) 2,309.58 Col$ 2,755.87 Col$      +19.3 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 18,810.10 Col$ 15,028.32 Col$      -20.1 %
Loaf of Fresh White Bread (1 lb) 4,796.68 Col$ 4,510.89 Col$      -6.0 %
Rice (white), (1 lb) 2,335.84 Col$ 2,182.69 Col$      -6.6 %
Eggs (regular) (12) 8,758.32 Col$ 7,996.60 Col$      -8.7 %
Local Cheese (1 lb) 9,397.07 Col$ 8,366.49 Col$      -11.0 %
Chicken Fillets (1 lb) 8,613.22 Col$ 10,386.74 Col$      +20.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 13,963.56 Col$ 14,897.58 Col$      +6.7 %
Apples (1 lb) 4,635.44 Col$ 4,483.25 Col$      -3.3 %
Banana (1 lb) 2,060.87 Col$ 1,589.53 Col$      -22.9 %
Oranges (1 lb) 2,178.12 Col$ 2,164.77 Col$      -0.6 %
Tomato (1 lb) 2,453.75 Col$ 2,299.02 Col$      -6.3 %
Potato (1 lb) 1,807.33 Col$ 2,027.01 Col$      +12.2 %
Onion (1 lb) 1,824.42 Col$ 2,049.99 Col$      +12.4 %
Lettuce (1 head) 2,956.52 Col$ 3,282.99 Col$      +11.0 %
Water (1.5 liter bottle) 2,917.99 Col$ 2,893.09 Col$      -0.9 %
Bottle of Wine (Mid-Range) 40,000.00 Col$ 35,000.00 Col$      -12.5 %
Domestic Beer (0.5 liter bottle) 4,040.48 Col$ 4,361.88 Col$      +8.0 %
Imported Beer (12 oz small bottle) 7,234.38 Col$ 7,433.78 Col$      +2.8 %
Cigarettes 20 Pack (Marlboro) 8,900.00 Col$ 8,700.00 Col$      -2.2 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 2,950.00 Col$ 2,880.00 Col$      -2.4 %
Monthly Pass (Regular Price) 142,000.00 Col$ 165,000.00 Col$      +16.2 %
Taxi Start (Normal Tariff) 5,000.00 Col$ 5,000.00 Col$      0.0 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 12,874.76 Col$      +30.7 %
Taxi 1hour Waiting (Normal Tariff) 25,000.00 Col$ 28,000.00 Col$      +12.0 %
Gasoline (1 gallon) 11,329.35 Col$ 9,973.94 Col$      -12.0 %
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) 92,989,473.68 Col$ 105,750,000.00 Col$      +13.7 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 334,126.25 Col$ 285,216.57 Col$      -14.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 32,000.00 Col$ 38,060.89 Col$      +18.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 98,807.69 Col$ 104,217.39 Col$      +5.5 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 88,587.39 Col$ 102,897.21 Col$      +16.2 %
Tennis Court Rent (1 Hour on Weekend) 33,846.15 Col$ 60,000.00 Col$      +77.3 %
Cinema, International Release, 1 Seat 20,000.00 Col$ 15,500.00 Col$      -22.5 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 804,045.45 Col$ 891,428.57 Col$      +10.9 %
International Primary School, Yearly for 1 Child 26,537,500.00 Col$ 23,033,333.33 Col$      -13.2 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 221,999.33 Col$ 202,257.67 Col$      -8.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 165,354.17 Col$ 145,578.02 Col$      -12.0 %
1 Pair of Nike Running Shoes (Mid-Range) 343,800.11 Col$ 337,432.32 Col$      -1.9 %
1 Pair of Men Leather Business Shoes 298,842.22 Col$ 304,468.14 Col$      +1.9 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,579,896.37 Col$ 1,606,258.77 Col$      +1.7 %
Apartment (1 bedroom) Outside of Centre 1,222,580.65 Col$ 1,341,114.92 Col$      +9.7 %
Apartment (3 bedrooms) in City Centre 3,065,849.19 Col$ 2,890,724.67 Col$      -5.7 %
Apartment (3 bedrooms) Outside of Centre 2,152,857.14 Col$ 2,730,448.06 Col$      +26.8 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 684,976.49 Col$ 549,007.09 Col$      -19.9 %
Price per Square Feet to Buy Apartment Outside of Centre 500,650.32 Col$ 498,694.76 Col$      -0.4 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,557,704.48 Col$ 1,488,392.63 Col$      -4.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.94 12.68      -2.0 %
Last update: October 2023September 2023
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