Cost of Living Comparison Between Bogota and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 4.4% higher than in Bogota (without rent)
Consumer Prices Including Rent in Medellin are 7.1% higher than in Bogota
Rent Prices in Medellin are 15.9% higher than in Bogota
Restaurant Prices in Medellin are 2.2% higher than in Bogota
Groceries Prices in Medellin are 3.3% higher than in Bogota
Local Purchasing Power in Medellin is 6.7% higher than in Bogota
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Bogota Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20,000.00 Col$ 22,000.00 Col$      +10.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$ 110,000.00 Col$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 28,000.00 Col$ 25,000.00 Col$      -10.7 %
Domestic Beer (1 pint draught) 4,500.00 Col$ 5,000.00 Col$      +11.1 %
Imported Beer (12 oz small bottle) 10,000.00 Col$ 10,500.00 Col$      +5.0 %
Cappuccino (regular) 6,192.88 Col$ 6,277.04 Col$      +1.4 %
Coke/Pepsi (12 oz small bottle) 3,366.12 Col$ 3,791.08 Col$      +12.6 %
Water (12 oz small bottle) 2,554.55 Col$ 2,779.26 Col$      +8.8 %
Markets
Bogota Edit Medellin Edit
Milk (regular), (1 gallon) 19,615.41 Col$ 16,752.03 Col$      -14.6 %
Loaf of Fresh White Bread (1 lb) 4,947.96 Col$ 4,590.87 Col$      -7.2 %
Rice (white), (1 lb) 2,311.80 Col$ 2,201.24 Col$      -4.8 %
Eggs (regular) (12) 9,010.74 Col$ 8,442.09 Col$      -6.3 %
Local Cheese (1 lb) 8,036.06 Col$ 9,274.59 Col$      +15.4 %
Chicken Fillets (1 lb) 9,380.50 Col$ 10,202.72 Col$      +8.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 13,783.65 Col$ 17,170.34 Col$      +24.6 %
Apples (1 lb) 4,563.86 Col$ 4,127.97 Col$      -9.6 %
Banana (1 lb) 2,160.20 Col$ 1,663.11 Col$      -23.0 %
Oranges (1 lb) 2,305.84 Col$ 2,132.35 Col$      -7.5 %
Tomato (1 lb) 2,521.64 Col$ 2,553.99 Col$      +1.3 %
Potato (1 lb) 1,850.19 Col$ 2,026.99 Col$      +9.6 %
Onion (1 lb) 1,936.02 Col$ 2,118.77 Col$      +9.4 %
Lettuce (1 head) 3,240.91 Col$ 3,309.10 Col$      +2.1 %
Water (1.5 liter bottle) 3,126.67 Col$ 3,117.08 Col$      -0.3 %
Bottle of Wine (Mid-Range) 35,000.00 Col$ 39,487.24 Col$      +12.8 %
Domestic Beer (0.5 liter bottle) 4,194.06 Col$ 4,561.78 Col$      +8.8 %
Imported Beer (12 oz small bottle) 7,696.43 Col$ 7,837.86 Col$      +1.8 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$ 9,000.00 Col$      0.0 %
Transportation
Bogota Edit Medellin Edit
One-way Ticket (Local Transport) 3,000.00 Col$ 2,900.00 Col$      -3.3 %
Monthly Pass (Regular Price) 150,000.00 Col$ 200,000.00 Col$      +33.3 %
Taxi Start (Normal Tariff) 5,500.00 Col$ 5,000.00 Col$      -9.1 %
Taxi 1 mile (Normal Tariff) 9,849.19 Col$ 12,874.76 Col$      +30.7 %
Taxi 1hour Waiting (Normal Tariff) 21,500.00 Col$ 30,000.00 Col$      +39.5 %
Gasoline (1 gallon) 14,544.00 Col$ 13,756.20 Col$      -5.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 62,500,000.00 Col$ 78,000,000.00 Col$      +24.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 91,782,352.94 Col$ 109,018,363.32 Col$      +18.8 %
Utilities (Monthly)
Bogota Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 400,286.02 Col$ 302,006.39 Col$      -24.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 40,620.69 Col$ 38,971.75 Col$      -4.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 106,896.24 Col$ 95,082.85 Col$      -11.1 %
Sports And Leisure
Bogota Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 90,435.90 Col$ 104,564.13 Col$      +15.6 %
Tennis Court Rent (1 Hour on Weekend) 37,058.82 Col$ 55,000.00 Col$      +48.4 %
Cinema, International Release, 1 Seat 20,000.00 Col$ 16,500.00 Col$      -17.5 %
Childcare
Bogota Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 880,760.00 Col$ 861,250.00 Col$      -2.2 %
International Primary School, Yearly for 1 Child 28,562,500.00 Col$ 25,250,000.00 Col$      -11.6 %
Clothing And Shoes
Bogota Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 211,272.94 Col$ 211,309.07 Col$      +0.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 165,055.24 Col$ 152,352.94 Col$      -7.7 %
1 Pair of Nike Running Shoes (Mid-Range) 337,692.34 Col$ 342,857.14 Col$      +1.5 %
1 Pair of Men Leather Business Shoes 292,582.45 Col$ 322,478.73 Col$      +10.2 %
Rent Per Month
Bogota Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,778,546.35 Col$ 1,795,207.32 Col$      +0.9 %
Apartment (1 bedroom) Outside of Centre 1,211,498.48 Col$ 1,387,308.71 Col$      +14.5 %
Apartment (3 bedrooms) in City Centre 2,763,922.24 Col$ 3,281,411.11 Col$      +18.7 %
Apartment (3 bedrooms) Outside of Centre 2,368,165.33 Col$ 2,949,184.78 Col$      +24.5 %
Buy Apartment Price
Bogota Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 700,681.01 Col$ 653,689.22 Col$      -6.7 %
Price per Square Feet to Buy Apartment Outside of Centre 505,452.65 Col$ 576,422.83 Col$      +14.0 %
Salaries And Financing
Bogota Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,470,251.61 Col$ 1,680,133.00 Col$      +14.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.78 14.23      +3.2 %
Last update: April 2024April 2024
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