Cost of Living Comparison Between Medellin and Lima 
| Indices Difference |  |
|---|---|
| Consumer Prices in Lima are 38.80% higher than in Medellin | |
| Consumer Prices Including Rent in Lima are 43.25% higher than in Medellin | |
| Rent Prices in Lima are 57.58% higher than in Medellin | |
| Restaurant Prices in Lima are 18.95% higher than in Medellin | |
| Groceries Prices in Lima are 46.80% higher than in Medellin | |
| Local Purchasing Power in Lima is 5.90% higher than in Medellin | |
| Restaurants | Medellin[ Edit ] | Lima[ Edit ] | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15,000.00 Col$ (14.18 S/.) |
12,690.77 Col$ (12.00 S/.) |
-15.39 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
67,500.00 Col$ (63.83 S/.) |
84,605.13 Col$ (80.00 S/.) |
+25.34 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
18,000.00 Col$ (17.02 S/.) |
16,921.03 Col$ (16.00 S/.) |
-5.99 % |
| Domestic Beer (1 pint draught) |
4,000.00 Col$ (3.78 S/.) |
8,460.51 Col$ (8.00 S/.) |
+111.51 % |
| Imported Beer (12 oz small bottle) |
7,500.00 Col$ (7.09 S/.) |
12,690.77 Col$ (12.00 S/.) |
+69.21 % |
| Cappuccino (regular) |
4,255.16 Col$ (4.02 S/.) |
9,057.53 Col$ (8.56 S/.) |
+112.86 % |
| Coke/Pepsi (12 oz small bottle) |
2,630.44 Col$ (2.49 S/.) |
3,008.59 Col$ (2.84 S/.) |
+14.38 % |
| Water (12 oz small bottle) |
2,338.31 Col$ (2.21 S/.) |
2,395.38 Col$ (2.27 S/.) |
+2.44 % |
| Markets | Medellin[ Edit ] | Lima[ Edit ] | |
| Milk (regular), (1 gallon) |
8,769.91 Col$ (8.29 S/.) |
17,691.69 Col$ (16.73 S/.) |
+101.73 % |
| Loaf of Fresh White Bread (1 lb) |
2,884.80 Col$ (2.73 S/.) |
5,597.75 Col$ (5.29 S/.) |
+94.04 % |
| Rice (white), (1 lb) |
1,613.00 Col$ (1.53 S/.) |
1,743.47 Col$ (1.65 S/.) |
+8.09 % |
| Eggs (regular) (12) |
5,356.75 Col$ (5.07 S/.) |
6,297.19 Col$ (5.95 S/.) |
+17.56 % |
| Local Cheese (1 lb) |
4,147.16 Col$ (3.92 S/.) |
13,253.17 Col$ (12.53 S/.) |
+219.57 % |
| Chicken Fillets (1 lb) |
6,406.57 Col$ (6.06 S/.) |
8,240.83 Col$ (7.79 S/.) |
+28.63 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8,176.21 Col$ (7.73 S/.) |
14,125.80 Col$ (13.36 S/.) |
+72.77 % |
| Apples (1 lb) |
3,257.70 Col$ (3.08 S/.) |
2,912.75 Col$ (2.75 S/.) |
-10.59 % |
| Banana (1 lb) |
971.99 Col$ (0.92 S/.) |
1,926.09 Col$ (1.82 S/.) |
+98.16 % |
| Oranges (1 lb) |
2,292.23 Col$ (2.17 S/.) |
1,633.37 Col$ (1.54 S/.) |
-28.74 % |
| Tomato (1 lb) |
1,777.67 Col$ (1.68 S/.) |
2,183.77 Col$ (2.06 S/.) |
+22.84 % |
| Potato (1 lb) |
1,420.38 Col$ (1.34 S/.) |
1,533.36 Col$ (1.45 S/.) |
+7.95 % |
| Onion (1 lb) |
1,404.50 Col$ (1.33 S/.) |
1,653.10 Col$ (1.56 S/.) |
+17.70 % |
| Lettuce (1 head) |
2,561.62 Col$ (2.42 S/.) |
2,646.21 Col$ (2.50 S/.) |
+3.30 % |
| Water (1.5 liter bottle) |
2,895.68 Col$ (2.74 S/.) |
3,461.49 Col$ (3.27 S/.) |
+19.54 % |
| Bottle of Wine (Mid-Range) |
35,000.00 Col$ (33.09 S/.) |
35,428.40 Col$ (33.50 S/.) |
+1.22 % |
| Domestic Beer (0.5 liter bottle) |
3,751.18 Col$ (3.55 S/.) |
5,808.66 Col$ (5.49 S/.) |
+54.85 % |
| Imported Beer (12 oz small bottle) |
6,868.17 Col$ (6.49 S/.) |
9,083.30 Col$ (8.59 S/.) |
+32.25 % |
| Cigarettes 20 Pack (Marlboro) |
6,600.00 Col$ (6.24 S/.) |
18,771.76 Col$ (17.75 S/.) |
+184.42 % |
| Transportation | Medellin[ Edit ] | Lima[ Edit ] | |
| One-way Ticket (Local Transport) |
2,355.00 Col$ (2.23 S/.) |
2,115.13 Col$ (2.00 S/.) |
-10.19 % |
| Monthly Pass (Regular Price) |
110,000.00 Col$ (104.01 S/.) |
91,962.10 Col$ (86.96 S/.) |
-16.40 % |
| Taxi Start (Normal Tariff) |
4,800.00 Col$ (4.54 S/.) |
7,931.73 Col$ (7.50 S/.) |
+65.24 % |
| Taxi 1 mile (Normal Tariff) |
2,414.02 Col$ (2.28 S/.) |
8,509.93 Col$ (8.05 S/.) |
+252.52 % |
| Taxi 1hour Waiting (Normal Tariff) |
25,100.00 Col$ (23.73 S/.) |
26,439.10 Col$ (25.00 S/.) |
+5.34 % |
| Gasoline (1 gallon) |
9,742.01 Col$ (9.21 S/.) |
15,464.62 Col$ (14.62 S/.) |
+58.74 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
66,000,000.00 Col$ (62,407.56 S/.) |
58,694,810.72 Col$ (55,500.00 S/.) |
-11.07 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
73,619,954.55 Col$ (69,612.75 S/.) |
67,814,267.80 Col$ (64,123.08 S/.) |
-7.89 % |
| Utilities (Monthly) | Medellin[ Edit ] | Lima[ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
214,465.05 Col$ (202.79 S/.) |
277,158.81 Col$ (262.07 S/.) |
+29.23 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
154.76 Col$ (0.15 S/.) |
650.81 Col$ (0.62 S/.) |
+320.52 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
111,879.17 Col$ (105.79 S/.) |
124,314.02 Col$ (117.55 S/.) |
+11.11 % |
| Sports And Leisure | Medellin[ Edit ] | Lima[ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult |
76,121.69 Col$ (71.98 S/.) |
182,778.81 Col$ (172.83 S/.) |
+140.11 % |
| Tennis Court Rent (1 Hour on Weekend) |
31,000.00 Col$ (29.31 S/.) |
43,926.68 Col$ (41.54 S/.) |
+41.70 % |
| Cinema, International Release, 1 Seat |
15,000.00 Col$ (14.18 S/.) |
24,323.98 Col$ (23.00 S/.) |
+62.16 % |
| Childcare | Medellin[ Edit ] | Lima[ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
571,500.00 Col$ (540.39 S/.) |
1,055,449.03 Col$ (998.00 S/.) |
+84.68 % |
| International Primary School, Yearly for 1 Child |
13,694,117.65 Col$ (12,948.73 S/.) |
21,252,174.76 Col$ (20,095.40 S/.) |
+55.19 % |
| Clothing And Shoes | Medellin[ Edit ] | Lima[ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
167,947.10 Col$ (158.81 S/.) |
166,143.33 Col$ (157.10 S/.) |
-1.07 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
99,968.46 Col$ (94.53 S/.) |
119,411.44 Col$ (112.91 S/.) |
+19.45 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
266,697.86 Col$ (252.18 S/.) |
302,033.71 Col$ (285.59 S/.) |
+13.25 % |
| 1 Pair of Men Leather Business Shoes |
243,846.15 Col$ (230.57 S/.) |
301,194.27 Col$ (284.80 S/.) |
+23.52 % |
| Rent Per Month | Medellin[ Edit ] | Lima[ Edit ] | |
| Apartment (1 bedroom) in City Centre |
1,194,612.02 Col$ (1,129.59 S/.) |
1,938,963.76 Col$ (1,833.42 S/.) |
+62.31 % |
| Apartment (1 bedroom) Outside of Centre |
979,686.61 Col$ (926.36 S/.) |
1,223,529.46 Col$ (1,156.93 S/.) |
+24.89 % |
| Apartment (3 bedrooms) in City Centre |
1,799,960.93 Col$ (1,701.99 S/.) |
3,433,786.30 Col$ (3,246.88 S/.) |
+90.77 % |
| Apartment (3 bedrooms) Outside of Centre |
1,694,835.70 Col$ (1,602.58 S/.) |
2,336,934.77 Col$ (2,209.73 S/.) |
+37.89 % |
| Buy Apartment Price | Medellin[ Edit ] | Lima[ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre |
362,899.48 Col$ (343.15 S/.) |
645,582.99 Col$ (610.44 S/.) |
+77.90 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
389,700.56 Col$ (368.49 S/.) |
419,769.29 Col$ (396.92 S/.) |
+7.72 % |
| Salaries And Financing | Medellin[ Edit ] | Lima[ Edit ] | |
| Average Monthly Net Salary (After Tax) |
1,148,581.82 Col$ (1,086.06 S/.) |
1,742,374.27 Col$ (1,647.54 S/.) |
+51.70 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.20 | 9.47 | -15.42 % |
| Last update: | September 2020 | September 2020 | |
| Contributors in the past 12 months: | 147 | 199 | |
| Currency: COP |