Cost of Living Comparison Between Medellin and Loja 

Indices DifferenceInfo
Consumer Prices in Loja are 15.0% lower than in Medellin (without rent)
Consumer Prices Including Rent in Loja are 21.8% lower than in Medellin
Rent Prices in Loja are 41.7% lower than in Medellin
Restaurant Prices in Loja are 24.3% lower than in Medellin
Groceries Prices in Loja are 17.2% lower than in Medellin
Local Purchasing Power in Loja is 28.8% higher than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Loja Edit Difference
Meal, Inexpensive Restaurant 22,000.00 Col$
(5.67 $)
11,647.85 Col$
(3.00 $)
     -47.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$
(28.33 $)
93,182.79 Col$
(24.00 $)
     -15.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 25,000.00 Col$
(6.44 $)
23,295.70 Col$
(6.00 $)
     -6.8 %
Domestic Beer (1 pint draught) 5,000.00 Col$
(1.29 $)
4,853.27 Col$
(1.25 $)
     -2.9 %
Imported Beer (12 oz small bottle) 12,000.00 Col$
(3.09 $)
7,765.23 Col$
(2.00 $)
     -35.3 %
Cappuccino (regular) 6,455.49 Col$
(1.66 $)
6,471.03 Col$
(1.67 $)
     +0.2 %
Coke/Pepsi (12 oz small bottle) 3,879.30 Col$
(1.00 $)
2,717.83 Col$
(0.70 $)
     -29.9 %
Water (12 oz small bottle) 2,838.66 Col$
(0.73 $)
1,844.24 Col$
(0.47 $)
     -35.0 %
Markets
Medellin Edit Loja Edit
Milk (regular), (1 gallon) 16,958.65 Col$
(4.37 $)
16,167.03 Col$
(4.16 $)
     -4.7 %
Loaf of Fresh White Bread (1 lb) 4,659.29 Col$
(1.20 $)
4,755.04 Col$
(1.22 $)
     +2.1 %
Rice (white), (1 lb) 2,193.00 Col$
(0.56 $)
2,428.42 Col$
(0.63 $)
     +10.7 %
Eggs (regular) (12) 8,472.52 Col$
(2.18 $)
6,755.75 Col$
(1.74 $)
     -20.3 %
Local Cheese (1 lb) 9,057.93 Col$
(2.33 $)
5,430.14 Col$
(1.40 $)
     -40.1 %
Chicken Fillets (1 lb) 10,302.17 Col$
(2.65 $)
5,047.41 Col$
(1.30 $)
     -51.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,533.01 Col$
(4.77 $)
12,165.33 Col$
(3.13 $)
     -34.4 %
Apples (1 lb) 4,284.28 Col$
(1.10 $)
3,592.37 Col$
(0.93 $)
     -16.2 %
Banana (1 lb) 1,638.85 Col$
(0.42 $)
880.56 Col$
(0.23 $)
     -46.3 %
Oranges (1 lb) 2,271.26 Col$
(0.58 $)
2,261.47 Col$
(0.58 $)
     -0.4 %
Tomato (1 lb) 2,603.30 Col$
(0.67 $)
1,553.05 Col$
(0.40 $)
     -40.3 %
Potato (1 lb) 2,097.28 Col$
(0.54 $)
2,039.97 Col$
(0.53 $)
     -2.7 %
Onion (1 lb) 2,248.63 Col$
(0.58 $)
1,873.40 Col$
(0.48 $)
     -16.7 %
Lettuce (1 head) 3,401.05 Col$
(0.88 $)
2,620.77 Col$
(0.68 $)
     -22.9 %
Water (1.5 liter bottle) 3,347.31 Col$
(0.86 $)
3,882.62 Col$
(1.00 $)
     +16.0 %
Bottle of Wine (Mid-Range) 38,826.16 Col$
(10.00 $)
38,826.16 Col$
(10.00 $)
     0.0 %
Domestic Beer (0.5 liter bottle) 4,471.28 Col$
(1.15 $)
6,954.58 Col$
(1.79 $)
     +55.5 %
Imported Beer (12 oz small bottle) 7,887.91 Col$
(2.03 $)
11,647.85 Col$
(3.00 $)
     +47.7 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$
(2.32 $)
15,530.46 Col$
(4.00 $)
     +72.6 %
Transportation
Medellin Edit Loja Edit
One-way Ticket (Local Transport) 2,925.00 Col$
(0.75 $)
1,164.78 Col$
(0.30 $)
     -60.2 %
Monthly Pass (Regular Price) 200,000.00 Col$
(51.51 $)
58,239.24 Col$
(15.00 $)
     -70.9 %
Taxi Start (Normal Tariff) 5,000.00 Col$
(1.29 $)
2,523.70 Col$
(0.65 $)
     -49.5 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$
(3.32 $)
7,006.85 Col$
(1.80 $)
     -45.6 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$
(7.73 $)
58,239.24 Col$
(15.00 $)
     +94.1 %
Gasoline (1 gallon) 14,719.98 Col$
(3.79 $)
9,296.75 Col$
(2.39 $)
     -36.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 78,000,000.00 Col$
(20,089.55 $)
116,478,486.06 Col$
(30,000.00 $)
     +49.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 110,452,208.94 Col$
(28,447.88 $)
112,595,869.86 Col$
(29,000.00 $)
     +1.9 %
Utilities (Monthly)
Medellin Edit Loja Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 313,985.56 Col$
(80.87 $)
148,453.35 Col$
(38.24 $)
     -52.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,032.24 Col$
(10.05 $)
42,708.78 Col$
(11.00 $)
     +9.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 96,615.38 Col$
(24.88 $)
126,508.58 Col$
(32.58 $)
     +30.9 %
Sports And Leisure
Medellin Edit Loja Edit
Fitness Club, Monthly Fee for 1 Adult 104,541.89 Col$
(26.93 $)
116,478.49 Col$
(30.00 $)
     +11.4 %
Tennis Court Rent (1 Hour on Weekend) 55,000.00 Col$
(14.17 $)
55,327.28 Col$
(14.25 $)
     +0.6 %
Cinema, International Release, 1 Seat 15,000.00 Col$
(3.86 $)
23,295.70 Col$
(6.00 $)
     +55.3 %
Childcare
Medellin Edit Loja Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 920,000.00 Col$
(236.95 $)
271,783.13 Col$
(70.00 $)
     -70.5 %
International Primary School, Yearly for 1 Child 25,000,000.00 Col$
(6,438.96 $)
21,936,781.54 Col$
(5,650.00 $)
     -12.3 %
Clothing And Shoes
Medellin Edit Loja Edit
1 Pair of Jeans (Levis 501 Or Similar) 213,901.62 Col$
(55.09 $)
255,143.35 Col$
(65.71 $)
     +19.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 155,625.00 Col$
(40.08 $)
210,308.38 Col$
(54.17 $)
     +35.1 %
1 Pair of Nike Running Shoes (Mid-Range) 345,714.29 Col$
(89.04 $)
401,203.67 Col$
(103.33 $)
     +16.1 %
1 Pair of Men Leather Business Shoes 336,020.12 Col$
(86.54 $)
296,049.49 Col$
(76.25 $)
     -11.9 %
Rent Per Month
Medellin Edit Loja Edit
Apartment (1 bedroom) in City Centre 1,823,306.80 Col$
(469.61 $)
1,358,915.67 Col$
(350.00 $)
     -25.5 %
Apartment (1 bedroom) Outside of Centre 1,440,694.86 Col$
(371.06 $)
970,654.05 Col$
(250.00 $)
     -32.6 %
Apartment (3 bedrooms) in City Centre 3,357,638.87 Col$
(864.79 $)
1,941,308.10 Col$
(500.00 $)
     -42.2 %
Apartment (3 bedrooms) Outside of Centre 3,048,542.03 Col$
(785.18 $)
1,363,768.94 Col$
(351.25 $)
     -55.3 %
Buy Apartment Price
Medellin Edit Loja Edit
Price per Square Feet to Buy Apartment in City Centre 645,263.03 Col$
(166.19 $)
?
(? $)
    
Price per Square Feet to Buy Apartment Outside of Centre 556,413.11 Col$
(143.31 $)
?
(? $)
    
Salaries And Financing
Medellin Edit Loja Edit
Average Monthly Net Salary (After Tax) 1,637,787.88 Col$
(421.83 $)
1,650,111.89 Col$
(425.00 $)
     +0.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.55 11.18      -23.2 %
Last update: May 2024May 2024
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