Cost of Living Comparison Between Medellin and Armenia 
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| Indices Difference |  |
|---|---|
| Not enough data to calculate difference in Consumer Prices | |
| Not enough data to calculate difference in Consumer Prices Including Rent | |
| Rent Prices in Armenia are 48.2% lower than in Medellin | |
| Restaurant Prices in Armenia are 31.3% lower than in Medellin | |
| Groceries Prices in Armenia are 14.0% lower than in Medellin | |
| Not enough data to calculate difference in Local Purchasing Power | |
Restaurants | Medellin Edit |
Armenia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 22,000.00 Col$ | 12,000.00 Col$ | -45.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 110,000.00 Col$ | 62,500.00 Col$ | -43.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 25,000.00 Col$ | 25,000.00 Col$ | 0.0 % |
| Domestic Beer (1 pint draught) | 5,000.00 Col$ | 5,000.00 Col$ | 0.0 % |
| Imported Beer (12 oz small bottle) | 12,000.00 Col$ | 8,000.00 Col$ | -33.3 % |
| Cappuccino (regular) | 6,456.52 Col$ | 6,455.87 Col$ | -0.0 % |
| Coke/Pepsi (12 oz small bottle) | 3,880.33 Col$ | 3,879.68 Col$ | -0.0 % |
| Water (12 oz small bottle) | 2,839.05 Col$ | 2,500.00 Col$ | -11.9 % |
Markets | Medellin Edit |
Armenia Edit | |
| Milk (regular), (1 gallon) | 16,958.65 Col$ | 16,958.65 Col$ | 0.0 % |
| Loaf of Fresh White Bread (1 lb) | 4,659.29 Col$ | 4,082.34 Col$ | -12.4 % |
| Rice (white), (1 lb) | 2,193.00 Col$ | 2,193.00 Col$ | 0.0 % |
| Eggs (regular) (12) | 8,472.52 Col$ | 7,200.00 Col$ | -15.0 % |
| Local Cheese (1 lb) | 9,057.93 Col$ | 4,535.93 Col$ | -49.9 % |
| Chicken Fillets (1 lb) | 10,302.72 Col$ | 10,302.43 Col$ | -0.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 18,533.01 Col$ | 13,396.72 Col$ | -27.7 % |
| Apples (1 lb) | 4,285.34 Col$ | 4,285.08 Col$ | -0.0 % |
| Banana (1 lb) | 1,639.57 Col$ | 1,639.14 Col$ | -0.0 % |
| Oranges (1 lb) | 2,271.70 Col$ | 2,271.69 Col$ | -0.0 % |
| Tomato (1 lb) | 2,603.30 Col$ | 2,603.30 Col$ | 0.0 % |
| Potato (1 lb) | 2,097.46 Col$ | 2,097.37 Col$ | -0.0 % |
| Onion (1 lb) | 2,248.79 Col$ | 2,248.71 Col$ | -0.0 % |
| Lettuce (1 head) | 3,401.95 Col$ | 3,401.39 Col$ | -0.0 % |
| Water (1.5 liter bottle) | 3,348.17 Col$ | 2,000.00 Col$ | -40.3 % |
| Bottle of Wine (Mid-Range) | 38,934.21 Col$ | 33,000.00 Col$ | -15.2 % |
| Domestic Beer (0.5 liter bottle) | 4,472.13 Col$ | 2,272.73 Col$ | -49.2 % |
| Imported Beer (12 oz small bottle) | 7,889.60 Col$ | 4,500.00 Col$ | -43.0 % |
| Cigarettes 20 Pack (Marlboro) | 9,000.00 Col$ | 9,000.00 Col$ | 0.0 % |
Transportation | Medellin Edit |
Armenia Edit | |
| One-way Ticket (Local Transport) | 2,925.00 Col$ | 2,400.00 Col$ | -17.9 % |
| Monthly Pass (Regular Price) | 200,000.00 Col$ | ? | |
| Taxi Start (Normal Tariff) | 5,000.00 Col$ | 3,750.00 Col$ | -25.0 % |
| Taxi 1 mile (Normal Tariff) | 12,874.76 Col$ | 12,874.76 Col$ | 0.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 30,000.00 Col$ | 30,000.00 Col$ | 0.0 % |
| Gasoline (1 gallon) | 14,719.98 Col$ | 14,654.16 Col$ | -0.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 78,000,000.00 Col$ | 78,000,000.00 Col$ | 0.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 110,502,630.13 Col$ | 110,470,979.90 Col$ | -0.0 % |
Utilities (Monthly) | Medellin Edit |
Armenia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 313,985.56 Col$ | 269,444.44 Col$ | -14.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 39,032.24 Col$ | 38,000.00 Col$ | -2.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 96,618.52 Col$ | 82,500.00 Col$ | -14.6 % |
Sports And Leisure | Medellin Edit |
Armenia Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 104,558.09 Col$ | 80,000.00 Col$ | -23.5 % |
| Tennis Court Rent (1 Hour on Weekend) | 55,000.00 Col$ | ? | |
| Cinema, International Release, 1 Seat | 15,000.00 Col$ | 15,000.00 Col$ | 0.0 % |
Childcare | Medellin Edit |
Armenia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 920,000.00 Col$ | 900,000.00 Col$ | -2.2 % |
| International Primary School, Yearly for 1 Child | 25,000,000.00 Col$ | 10,800,000.00 Col$ | -56.8 % |
Clothing And Shoes | Medellin Edit |
Armenia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 213,930.05 Col$ | 213,912.21 Col$ | -0.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 155,625.00 Col$ | 155,625.00 Col$ | 0.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 345,714.29 Col$ | 345,714.29 Col$ | 0.0 % |
| 1 Pair of Men Leather Business Shoes | 336,103.24 Col$ | 336,051.07 Col$ | -0.0 % |
Rent Per Month | Medellin Edit |
Armenia Edit | |
| Apartment (1 bedroom) in City Centre | 1,824,229.69 Col$ | 750,000.00 Col$ | -58.9 % |
| Apartment (1 bedroom) Outside of Centre | 1,441,078.11 Col$ | 833,333.33 Col$ | -42.2 % |
| Apartment (3 bedrooms) in City Centre | 3,358,400.10 Col$ | 1,200,000.00 Col$ | -64.3 % |
| Apartment (3 bedrooms) Outside of Centre | 3,049,059.74 Col$ | 2,216,666.67 Col$ | -27.3 % |
Buy Apartment Price | Medellin Edit |
Armenia Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 645,472.25 Col$ | 204,384.99 Col$ | -68.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 556,413.11 Col$ | 422,705.31 Col$ | -24.0 % |
Salaries And Financing | Medellin Edit |
Armenia Edit | |
| Average Monthly Net Salary (After Tax) | 1,637,787.88 Col$ | 1,300,000.00 Col$ | -20.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.55 | 14.55 | 0.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 121 | 7 |
Moving to Medellin? Explore:
Moving to Armenia? Explore:
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |
Cities near Armenia: | Cost of Living in Pereira | 30.02 miles |
| Cost of Living in Manizales | 61.16 miles |
| Cost of Living in Cali | 114.78 miles |
| Cost of Living in Medellin | 161.70 miles |
| Cost of Living in Ibague | 208.12 miles |