Cost of Living Comparison Between Medellin and Lima 
| Indices Difference |  |
|---|---|
| Consumer Prices in Lima are 41.06% higher than in Medellin | |
| Consumer Prices Including Rent in Lima are 48.30% higher than in Medellin | |
| Rent Prices in Lima are 72.37% higher than in Medellin | |
| Restaurant Prices in Lima are 22.45% higher than in Medellin | |
| Groceries Prices in Lima are 46.23% higher than in Medellin | |
| Local Purchasing Power in Lima is 5.26% higher than in Medellin | |
| Restaurants | Medellin[ Edit ] | Lima[ Edit ] | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15,000.00 Col$ (14.19 S/.) |
13,742.48 Col$ (13.00 S/.) |
-8.38 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
70,000.00 Col$ (66.22 S/.) |
84,569.08 Col$ (80.00 S/.) |
+20.81 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
18,000.00 Col$ (17.03 S/.) |
17,389.52 Col$ (16.45 S/.) |
-3.39 % |
| Domestic Beer (1 pint draught) |
3,500.00 Col$ (3.31 S/.) |
8,456.91 Col$ (8.00 S/.) |
+141.63 % |
| Imported Beer (12 oz small bottle) |
7,555.81 Col$ (7.15 S/.) |
12,685.36 Col$ (12.00 S/.) |
+67.89 % |
| Cappuccino (regular) |
4,086.34 Col$ (3.87 S/.) |
9,063.77 Col$ (8.57 S/.) |
+121.81 % |
| Coke/Pepsi (12 oz small bottle) |
2,600.01 Col$ (2.46 S/.) |
3,055.06 Col$ (2.89 S/.) |
+17.50 % |
| Water (12 oz small bottle) |
2,345.79 Col$ (2.22 S/.) |
2,294.27 Col$ (2.17 S/.) |
-2.20 % |
| Markets | Medellin[ Edit ] | Lima[ Edit ] | |
| Milk (regular), (1 gallon) |
8,804.94 Col$ (8.33 S/.) |
18,671.86 Col$ (17.66 S/.) |
+112.06 % |
| Loaf of Fresh White Bread (1 lb) |
2,959.34 Col$ (2.80 S/.) |
5,186.12 Col$ (4.91 S/.) |
+75.25 % |
| Rice (white), (1 lb) |
1,628.30 Col$ (1.54 S/.) |
1,732.74 Col$ (1.64 S/.) |
+6.41 % |
| Eggs (regular) (12) |
5,440.63 Col$ (5.15 S/.) |
6,440.70 Col$ (6.09 S/.) |
+18.38 % |
| Local Cheese (1 lb) |
4,307.28 Col$ (4.07 S/.) |
11,801.16 Col$ (11.16 S/.) |
+173.98 % |
| Chicken Fillets (1 lb) |
6,442.86 Col$ (6.09 S/.) |
8,148.15 Col$ (7.71 S/.) |
+26.47 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8,137.57 Col$ (7.70 S/.) |
13,240.88 Col$ (12.53 S/.) |
+62.71 % |
| Apples (1 lb) |
3,328.40 Col$ (3.15 S/.) |
2,933.22 Col$ (2.77 S/.) |
-11.87 % |
| Banana (1 lb) |
956.40 Col$ (0.90 S/.) |
2,124.42 Col$ (2.01 S/.) |
+122.13 % |
| Oranges (1 lb) |
2,298.22 Col$ (2.17 S/.) |
1,774.41 Col$ (1.68 S/.) |
-22.79 % |
| Tomato (1 lb) |
1,636.44 Col$ (1.55 S/.) |
2,231.15 Col$ (2.11 S/.) |
+36.34 % |
| Potato (1 lb) |
1,356.87 Col$ (1.28 S/.) |
1,664.74 Col$ (1.57 S/.) |
+22.69 % |
| Onion (1 lb) |
1,372.81 Col$ (1.30 S/.) |
1,673.29 Col$ (1.58 S/.) |
+21.89 % |
| Lettuce (1 head) |
2,564.79 Col$ (2.43 S/.) |
2,692.70 Col$ (2.55 S/.) |
+4.99 % |
| Water (1.5 liter bottle) |
2,900.52 Col$ (2.74 S/.) |
3,440.42 Col$ (3.25 S/.) |
+18.61 % |
| Bottle of Wine (Mid-Range) |
35,000.00 Col$ (33.11 S/.) |
35,413.30 Col$ (33.50 S/.) |
+1.18 % |
| Domestic Beer (0.5 liter bottle) |
3,755.45 Col$ (3.55 S/.) |
5,875.01 Col$ (5.56 S/.) |
+56.44 % |
| Imported Beer (12 oz small bottle) |
6,884.30 Col$ (6.51 S/.) |
9,897.23 Col$ (9.36 S/.) |
+43.77 % |
| Cigarettes 20 Pack (Marlboro) |
6,200.00 Col$ (5.87 S/.) |
17,970.93 Col$ (17.00 S/.) |
+189.85 % |
| Transportation | Medellin[ Edit ] | Lima[ Edit ] | |
| One-way Ticket (Local Transport) |
2,352.50 Col$ (2.23 S/.) |
2,114.23 Col$ (2.00 S/.) |
-10.13 % |
| Monthly Pass (Regular Price) |
105,000.00 Col$ (99.33 S/.) |
91,922.92 Col$ (86.96 S/.) |
-12.45 % |
| Taxi Start (Normal Tariff) |
4,500.00 Col$ (4.26 S/.) |
8,456.91 Col$ (8.00 S/.) |
+87.93 % |
| Taxi 1 mile (Normal Tariff) |
2,301.89 Col$ (2.18 S/.) |
8,506.30 Col$ (8.05 S/.) |
+269.53 % |
| Taxi 1hour Waiting (Normal Tariff) |
25,000.00 Col$ (23.65 S/.) |
26,427.84 Col$ (25.00 S/.) |
+5.71 % |
| Gasoline (1 gallon) |
9,702.30 Col$ (9.18 S/.) |
15,645.99 Col$ (14.80 S/.) |
+61.26 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
66,000,000.00 Col$ (62,434.16 S/.) |
59,198,358.48 Col$ (56,000.00 S/.) |
-10.31 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
73,848,729.49 Col$ (69,858.84 S/.) |
66,183,764.78 Col$ (62,608.00 S/.) |
-10.38 % |
| Utilities (Monthly) | Medellin[ Edit ] | Lima[ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
205,709.65 Col$ (194.60 S/.) |
282,518.31 Col$ (267.25 S/.) |
+37.34 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
143.18 Col$ (0.14 S/.) |
665.59 Col$ (0.63 S/.) |
+364.86 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
111,293.18 Col$ (105.28 S/.) |
128,703.20 Col$ (121.75 S/.) |
+15.64 % |
| Sports And Leisure | Medellin[ Edit ] | Lima[ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult |
76,589.06 Col$ (72.45 S/.) |
179,887.92 Col$ (170.17 S/.) |
+134.87 % |
| Tennis Court Rent (1 Hour on Weekend) |
28,692.31 Col$ (27.14 S/.) |
43,185.05 Col$ (40.85 S/.) |
+50.51 % |
| Cinema, International Release, 1 Seat |
15,000.00 Col$ (14.19 S/.) |
24,313.61 Col$ (23.00 S/.) |
+62.09 % |
| Childcare | Medellin[ Edit ] | Lima[ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
596,666.67 Col$ (564.43 S/.) |
1,035,971.27 Col$ (980.00 S/.) |
+73.63 % |
| International Primary School, Yearly for 1 Child |
13,322,222.22 Col$ (12,602.45 S/.) |
21,902,758.37 Col$ (20,719.40 S/.) |
+64.41 % |
| Clothing And Shoes | Medellin[ Edit ] | Lima[ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
171,030.33 Col$ (161.79 S/.) |
170,911.39 Col$ (161.68 S/.) |
-0.07 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
103,432.72 Col$ (97.84 S/.) |
120,874.33 Col$ (114.34 S/.) |
+16.86 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
263,334.10 Col$ (249.11 S/.) |
302,811.88 Col$ (286.45 S/.) |
+14.99 % |
| 1 Pair of Men Leather Business Shoes |
238,846.38 Col$ (225.94 S/.) |
292,593.93 Col$ (276.79 S/.) |
+22.50 % |
| Rent Per Month | Medellin[ Edit ] | Lima[ Edit ] | |
| Apartment (1 bedroom) in City Centre |
1,148,359.13 Col$ (1,086.32 S/.) |
1,971,317.69 Col$ (1,864.81 S/.) |
+71.66 % |
| Apartment (1 bedroom) Outside of Centre |
928,851.72 Col$ (878.67 S/.) |
1,238,042.59 Col$ (1,171.15 S/.) |
+33.29 % |
| Apartment (3 bedrooms) in City Centre |
1,775,066.94 Col$ (1,679.16 S/.) |
3,642,210.48 Col$ (3,445.43 S/.) |
+105.19 % |
| Apartment (3 bedrooms) Outside of Centre |
1,607,207.96 Col$ (1,520.37 S/.) |
2,442,296.81 Col$ (2,310.34 S/.) |
+51.96 % |
| Buy Apartment Price | Medellin[ Edit ] | Lima[ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre |
374,512.26 Col$ (354.28 S/.) |
619,403.34 Col$ (585.94 S/.) |
+65.39 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
376,009.70 Col$ (355.69 S/.) |
414,262.53 Col$ (391.88 S/.) |
+10.17 % |
| Salaries And Financing | Medellin[ Edit ] | Lima[ Edit ] | |
| Average Monthly Net Salary (After Tax) |
1,133,552.83 Col$ (1,072.31 S/.) |
1,769,539.87 Col$ (1,673.94 S/.) |
+56.11 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.79 | 9.58 | -18.81 % |
| Last update: | August 2020 | August 2020 | |
| Contributors in the past 12 months: | 147 | 186 | |
| Currency: COP |