Cost of Living Comparison Between Medellin and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 205.9% higher than in Medellin (without rent) | |
| Consumer Prices Including Rent in New York, NY are 337.7% higher than in Medellin | |
| Rent Prices in New York, NY are 725.2% higher than in Medellin | |
| Restaurant Prices in New York, NY are 331.0% higher than in Medellin | |
| Groceries Prices in New York, NY are 208.6% higher than in Medellin | |
| Local Purchasing Power in New York, NY is 215.1% higher than in Medellin | |
Restaurants | Medellin Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
22,000.00 Col$ (5.64 $) |
117,121.98 Col$ (30.00 $) |
+432.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (28.18 $) |
507,528.58 Col$ (130.00 $) |
+361.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
25,000.00 Col$ (6.40 $) |
46,848.79 Col$ (12.00 $) |
+87.4 % |
| Domestic Beer (1 pint draught) |
5,000.00 Col$ (1.28 $) |
31,232.53 Col$ (8.00 $) |
+524.7 % |
| Imported Beer (12 oz small bottle) |
10,500.00 Col$ (2.69 $) |
40,992.69 Col$ (10.50 $) |
+290.4 % |
| Cappuccino (regular) |
6,276.89 Col$ (1.61 $) |
21,706.61 Col$ (5.56 $) |
+245.8 % |
| Coke/Pepsi (12 oz small bottle) |
3,790.94 Col$ (0.97 $) |
11,775.11 Col$ (3.02 $) |
+210.6 % |
| Water (12 oz small bottle) |
2,779.21 Col$ (0.71 $) |
8,928.17 Col$ (2.29 $) |
+221.2 % |
Markets | Medellin Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
16,752.03 Col$ (4.29 $) |
22,702.75 Col$ (5.82 $) |
+35.5 % |
| Loaf of Fresh White Bread (1 lb) |
4,590.87 Col$ (1.18 $) |
16,734.59 Col$ (4.29 $) |
+264.5 % |
| Rice (white), (1 lb) |
2,201.24 Col$ (0.56 $) |
12,683.76 Col$ (3.25 $) |
+476.2 % |
| Eggs (regular) (12) |
8,442.09 Col$ (2.16 $) |
21,308.83 Col$ (5.46 $) |
+152.4 % |
| Local Cheese (1 lb) |
9,274.59 Col$ (2.38 $) |
29,884.81 Col$ (7.65 $) |
+222.2 % |
| Chicken Fillets (1 lb) |
10,202.48 Col$ (2.61 $) |
27,842.59 Col$ (7.13 $) |
+172.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17,170.34 Col$ (4.40 $) |
35,301.57 Col$ (9.04 $) |
+105.6 % |
| Apples (1 lb) |
4,127.58 Col$ (1.06 $) |
12,276.73 Col$ (3.14 $) |
+197.4 % |
| Banana (1 lb) |
1,662.95 Col$ (0.43 $) |
3,612.48 Col$ (0.93 $) |
+117.2 % |
| Oranges (1 lb) |
2,132.25 Col$ (0.55 $) |
10,557.04 Col$ (2.70 $) |
+395.1 % |
| Tomato (1 lb) |
2,553.99 Col$ (0.65 $) |
10,990.50 Col$ (2.82 $) |
+330.3 % |
| Potato (1 lb) |
2,026.91 Col$ (0.52 $) |
7,538.34 Col$ (1.93 $) |
+271.9 % |
| Onion (1 lb) |
2,118.70 Col$ (0.54 $) |
6,685.85 Col$ (1.71 $) |
+215.6 % |
| Lettuce (1 head) |
3,308.98 Col$ (0.85 $) |
11,231.29 Col$ (2.88 $) |
+239.4 % |
| Water (1.5 liter bottle) |
3,116.90 Col$ (0.80 $) |
9,473.87 Col$ (2.43 $) |
+204.0 % |
| Bottle of Wine (Mid-Range) |
39,478.89 Col$ (10.11 $) |
78,081.32 Col$ (20.00 $) |
+97.8 % |
| Domestic Beer (0.5 liter bottle) |
4,561.66 Col$ (1.17 $) |
9,868.80 Col$ (2.53 $) |
+116.3 % |
| Imported Beer (12 oz small bottle) |
7,837.61 Col$ (2.01 $) |
14,944.31 Col$ (3.83 $) |
+90.7 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (2.31 $) |
66,369.12 Col$ (17.00 $) |
+637.4 % |
Transportation | Medellin Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
2,900.00 Col$ (0.74 $) |
11,321.79 Col$ (2.90 $) |
+290.4 % |
| Monthly Pass (Regular Price) |
200,000.00 Col$ (51.23 $) |
515,336.71 Col$ (132.00 $) |
+157.7 % |
| Taxi Start (Normal Tariff) |
5,000.00 Col$ (1.28 $) |
19,520.33 Col$ (5.00 $) |
+290.4 % |
| Taxi 1 mile (Normal Tariff) |
12,874.76 Col$ (3.30 $) |
13,664.24 Col$ (3.50 $) |
+6.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30,000.00 Col$ (7.68 $) |
117,121.98 Col$ (30.00 $) |
+290.4 % |
| Gasoline (1 gallon) |
13,755.87 Col$ (3.52 $) |
15,097.34 Col$ (3.87 $) |
+9.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
78,000,000.00 Col$ (19,979.17 $) |
109,313,848.36 Col$ (28,000.00 $) |
+40.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
109,011,681.58 Col$ (27,922.60 $) |
105,617,723.92 Col$ (27,053.26 $) |
-3.1 % |
Utilities (Monthly) | Medellin Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
302,006.39 Col$ (77.36 $) |
681,154.62 Col$ (174.47 $) |
+125.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
38,971.75 Col$ (9.98 $) |
240,802.79 Col$ (61.68 $) |
+517.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
95,081.69 Col$ (24.35 $) |
273,513.12 Col$ (70.06 $) |
+187.7 % |
Sports And Leisure | Medellin Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
104,561.63 Col$ (26.78 $) |
515,894.44 Col$ (132.14 $) |
+393.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
55,000.00 Col$ (14.09 $) |
289,551.56 Col$ (74.17 $) |
+426.5 % |
| Cinema, International Release, 1 Seat |
16,500.00 Col$ (4.23 $) |
78,081.32 Col$ (20.00 $) |
+373.2 % |
Childcare | Medellin Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
861,250.00 Col$ (220.60 $) |
11,968,464.94 Col$ (3,065.64 $) |
+1,289.7 % |
| International Primary School, Yearly for 1 Child |
25,250,000.00 Col$ (6,467.62 $) |
246,932,175.32 Col$ (63,250.00 $) |
+877.9 % |
Clothing And Shoes | Medellin Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
211,304.68 Col$ (54.12 $) |
268,690.37 Col$ (68.82 $) |
+27.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
152,352.94 Col$ (39.02 $) |
177,326.79 Col$ (45.42 $) |
+16.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
342,857.14 Col$ (87.82 $) |
378,693.06 Col$ (97.00 $) |
+10.5 % |
| 1 Pair of Men Leather Business Shoes |
322,464.81 Col$ (82.60 $) |
647,542.59 Col$ (165.86 $) |
+100.8 % |
Rent Per Month | Medellin Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
1,795,058.43 Col$ (459.79 $) |
16,249,267.50 Col$ (4,162.14 $) |
+805.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,387,225.32 Col$ (355.33 $) |
11,370,121.08 Col$ (2,912.38 $) |
+719.6 % |
| Apartment (3 bedrooms) in City Centre |
3,281,293.42 Col$ (840.48 $) |
32,922,538.22 Col$ (8,432.88 $) |
+903.3 % |
| Apartment (3 bedrooms) Outside of Centre |
2,949,097.46 Col$ (755.39 $) |
17,300,589.67 Col$ (4,431.43 $) |
+486.6 % |
Buy Apartment Price | Medellin Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
653,659.57 Col$ (167.43 $) |
6,632,352.33 Col$ (1,698.83 $) |
+914.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
576,422.83 Col$ (147.65 $) |
4,656,565.65 Col$ (1,192.75 $) |
+707.8 % |
Salaries And Financing | Medellin Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
1,680,133.00 Col$ (430.35 $) |
23,170,708.71 Col$ (5,935.02 $) |
+1,279.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.23 | 6.67 | -53.1 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 116 | 503 |
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