Cost of Living Comparison Between Medellin and Boquete 
| Indices Difference |  |
|---|---|
| Consumer Prices in Boquete are 42.2% higher than in Medellin (without rent) | |
| Consumer Prices Including Rent in Boquete are 48.1% higher than in Medellin | |
| Rent Prices in Boquete are 65.6% higher than in Medellin | |
| Restaurant Prices in Boquete are 41.9% higher than in Medellin | |
| Groceries Prices in Boquete are 49.0% higher than in Medellin | |
| Local Purchasing Power in Boquete is 5.9% lower than in Medellin | |
Restaurants | Medellin Edit |
Boquete Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
22,000.00 Col$ (5.64 $) |
25,371.02 Col$ (6.50 $) |
+15.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (28.18 $) |
185,403.58 Col$ (47.50 $) |
+68.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
25,000.00 Col$ (6.40 $) |
25,371.02 Col$ (6.50 $) |
+1.5 % |
| Domestic Beer (1 pint draught) |
5,000.00 Col$ (1.28 $) |
7,806.47 Col$ (2.00 $) |
+56.1 % |
| Imported Beer (12 oz small bottle) |
10,500.00 Col$ (2.69 $) |
11,709.70 Col$ (3.00 $) |
+11.5 % |
| Cappuccino (regular) |
6,277.57 Col$ (1.61 $) |
13,319.78 Col$ (3.41 $) |
+112.2 % |
| Coke/Pepsi (12 oz small bottle) |
3,791.59 Col$ (0.97 $) |
5,204.31 Col$ (1.33 $) |
+37.3 % |
| Water (12 oz small bottle) |
2,779.45 Col$ (0.71 $) |
3,708.07 Col$ (0.95 $) |
+33.4 % |
Markets | Medellin Edit |
Boquete Edit | |
| Milk (regular), (1 gallon) |
16,752.03 Col$ (4.29 $) |
23,121.78 Col$ (5.92 $) |
+38.0 % |
| Loaf of Fresh White Bread (1 lb) |
4,590.87 Col$ (1.18 $) |
8,006.83 Col$ (2.05 $) |
+74.4 % |
| Rice (white), (1 lb) |
2,201.24 Col$ (0.56 $) |
3,233.17 Col$ (0.83 $) |
+46.9 % |
| Eggs (regular) (12) |
8,442.09 Col$ (2.16 $) |
10,432.78 Col$ (2.67 $) |
+23.6 % |
| Local Cheese (1 lb) |
9,274.59 Col$ (2.38 $) |
14,083.49 Col$ (3.61 $) |
+51.9 % |
| Chicken Fillets (1 lb) |
10,201.38 Col$ (2.61 $) |
14,222.00 Col$ (3.64 $) |
+39.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17,170.34 Col$ (4.40 $) |
19,954.69 Col$ (5.11 $) |
+16.2 % |
| Apples (1 lb) |
4,126.90 Col$ (1.06 $) |
5,257.88 Col$ (1.35 $) |
+27.4 % |
| Banana (1 lb) |
1,662.84 Col$ (0.43 $) |
2,248.63 Col$ (0.58 $) |
+35.2 % |
| Oranges (1 lb) |
2,132.41 Col$ (0.55 $) |
4,962.80 Col$ (1.27 $) |
+132.7 % |
| Tomato (1 lb) |
2,553.99 Col$ (0.65 $) |
4,251.88 Col$ (1.09 $) |
+66.5 % |
| Potato (1 lb) |
2,026.54 Col$ (0.52 $) |
3,956.80 Col$ (1.01 $) |
+95.2 % |
| Onion (1 lb) |
2,118.37 Col$ (0.54 $) |
4,295.46 Col$ (1.10 $) |
+102.8 % |
| Lettuce (1 head) |
3,309.52 Col$ (0.85 $) |
8,224.67 Col$ (2.11 $) |
+148.5 % |
| Water (1.5 liter bottle) |
3,116.98 Col$ (0.80 $) |
7,546.25 Col$ (1.93 $) |
+142.1 % |
| Bottle of Wine (Mid-Range) |
39,516.17 Col$ (10.12 $) |
25,566.18 Col$ (6.55 $) |
-35.3 % |
| Domestic Beer (0.5 liter bottle) |
4,562.22 Col$ (1.17 $) |
4,202.11 Col$ (1.08 $) |
-7.9 % |
| Imported Beer (12 oz small bottle) |
7,838.71 Col$ (2.01 $) |
9,107.54 Col$ (2.33 $) |
+16.2 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (2.31 $) |
20,491.97 Col$ (5.25 $) |
+127.7 % |
Transportation | Medellin Edit |
Boquete Edit | |
| One-way Ticket (Local Transport) |
2,900.00 Col$ (0.74 $) |
5,854.85 Col$ (1.50 $) |
+101.9 % |
| Monthly Pass (Regular Price) |
200,000.00 Col$ (51.24 $) |
97,580.83 Col$ (25.00 $) |
-51.2 % |
| Taxi Start (Normal Tariff) |
5,000.00 Col$ (1.28 $) |
5,366.95 Col$ (1.38 $) |
+7.3 % |
| Taxi 1 mile (Normal Tariff) |
12,874.76 Col$ (3.30 $) |
9,422.47 Col$ (2.41 $) |
-26.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
30,000.00 Col$ (7.69 $) |
31,225.87 Col$ (8.00 $) |
+4.1 % |
| Gasoline (1 gallon) |
13,756.37 Col$ (3.52 $) |
14,738.41 Col$ (3.78 $) |
+7.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
78,000,000.00 Col$ (19,983.43 $) |
58,548,499.00 Col$ (15,000.00 $) |
-24.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
109,041,504.50 Col$ (27,936.20 $) |
74,161,432.07 Col$ (19,000.00 $) |
-32.0 % |
Utilities (Monthly) | Medellin Edit |
Boquete Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
302,006.39 Col$ (77.37 $) |
214,677.83 Col$ (55.00 $) |
-28.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
38,971.75 Col$ (9.98 $) |
124,903.46 Col$ (32.00 $) |
+220.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
95,086.85 Col$ (24.36 $) |
189,950.85 Col$ (48.66 $) |
+99.8 % |
Sports And Leisure | Medellin Edit |
Boquete Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
104,572.81 Col$ (26.79 $) |
390,323.33 Col$ (100.00 $) |
+273.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
55,000.00 Col$ (14.09 $) |
195,161.66 Col$ (50.00 $) |
+254.8 % |
| Cinema, International Release, 1 Seat |
16,500.00 Col$ (4.23 $) |
13,661.32 Col$ (3.50 $) |
-17.2 % |
Childcare | Medellin Edit |
Boquete Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
861,250.00 Col$ (220.65 $) |
644,033.49 Col$ (165.00 $) |
-25.2 % |
| International Primary School, Yearly for 1 Child |
25,250,000.00 Col$ (6,469.00 $) |
14,051,639.76 Col$ (3,600.00 $) |
-44.3 % |
Clothing And Shoes | Medellin Edit |
Boquete Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
211,324.30 Col$ (54.14 $) |
151,250.29 Col$ (38.75 $) |
-28.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
152,352.94 Col$ (39.03 $) |
143,118.55 Col$ (36.67 $) |
-6.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
342,857.14 Col$ (87.84 $) |
218,581.06 Col$ (56.00 $) |
-36.2 % |
| 1 Pair of Men Leather Business Shoes |
322,526.94 Col$ (82.63 $) |
234,194.00 Col$ (60.00 $) |
-27.4 % |
Rent Per Month | Medellin Edit |
Boquete Edit | |
| Apartment (1 bedroom) in City Centre |
1,795,722.97 Col$ (460.06 $) |
2,903,029.74 Col$ (743.75 $) |
+61.7 % |
| Apartment (1 bedroom) Outside of Centre |
1,387,236.19 Col$ (355.41 $) |
2,537,101.62 Col$ (650.00 $) |
+82.9 % |
| Apartment (3 bedrooms) in City Centre |
3,281,818.71 Col$ (840.79 $) |
5,464,526.57 Col$ (1,400.00 $) |
+66.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,949,487.19 Col$ (755.65 $) |
4,683,879.92 Col$ (1,200.00 $) |
+58.8 % |
Buy Apartment Price | Medellin Edit |
Boquete Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
653,791.91 Col$ (167.50 $) |
? (? $) |
|
| Price per Square Feet to Buy Apartment Outside of Centre |
576,422.83 Col$ (147.68 $) |
? (? $) |
|
Salaries And Financing | Medellin Edit |
Boquete Edit | |
| Average Monthly Net Salary (After Tax) |
1,680,133.00 Col$ (430.45 $) |
2,341,939.96 Col$ (600.00 $) |
+39.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.23 | 7.00 | -50.8 % |
| Last update: | April 2024 | March 2024 | |
| Contributors in the past 12 months: | 115 | 10 |
Moving to Medellin? Explore:
Moving to Boquete? Explore:
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