Cost of Living Comparison Between Loja and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 17.5% higher than in Loja (without rent) | |
| Consumer Prices Including Rent in Medellin are 27.8% higher than in Loja | |
| Rent Prices in Medellin are 71.5% higher than in Loja | |
| Restaurant Prices in Medellin are 31.9% higher than in Loja | |
| Groceries Prices in Medellin are 20.6% higher than in Loja | |
| Local Purchasing Power in Medellin is 22.4% lower than in Loja | |
Restaurants | Loja Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3.00 $ (11,659.92 Col$) |
5.66 $ (22,000.00 Col$) |
+88.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
24.00 $ (93,279.33 Col$) |
28.30 $ (110,000.00 Col$) |
+17.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.00 $ (23,319.83 Col$) |
6.43 $ (25,000.00 Col$) |
+7.2 % |
| Domestic Beer (1 pint draught) |
1.25 $ (4,858.30 Col$) |
1.29 $ (5,000.00 Col$) |
+2.9 % |
| Imported Beer (12 oz small bottle) |
2.00 $ (7,773.28 Col$) |
3.09 $ (12,000.00 Col$) |
+54.4 % |
| Cappuccino (regular) |
1.67 $ (6,477.73 Col$) |
1.66 $ (6,455.87 Col$) |
-0.3 % |
| Coke/Pepsi (12 oz small bottle) |
0.70 $ (2,720.65 Col$) |
1.00 $ (3,879.68 Col$) |
+42.6 % |
| Water (12 oz small bottle) |
0.47 $ (1,846.15 Col$) |
0.73 $ (2,838.81 Col$) |
+53.8 % |
Markets | Loja Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.16 $ (16,183.78 Col$) |
4.36 $ (16,958.65 Col$) |
+4.8 % |
| Loaf of Fresh White Bread (1 lb) |
1.22 $ (4,759.97 Col$) |
1.20 $ (4,659.29 Col$) |
-2.1 % |
| Rice (white), (1 lb) |
0.63 $ (2,430.94 Col$) |
0.56 $ (2,193.00 Col$) |
-9.8 % |
| Eggs (regular) (12) |
1.74 $ (6,762.75 Col$) |
2.18 $ (8,472.52 Col$) |
+25.3 % |
| Local Cheese (1 lb) |
1.40 $ (5,435.77 Col$) |
2.33 $ (9,057.93 Col$) |
+66.6 % |
| Chicken Fillets (1 lb) |
1.30 $ (5,052.64 Col$) |
2.65 $ (10,302.43 Col$) |
+103.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
3.13 $ (12,177.93 Col$) |
4.77 $ (18,533.01 Col$) |
+52.2 % |
| Apples (1 lb) |
0.93 $ (3,596.09 Col$) |
1.10 $ (4,285.08 Col$) |
+19.2 % |
| Banana (1 lb) |
0.23 $ (881.48 Col$) |
0.42 $ (1,639.14 Col$) |
+86.0 % |
| Oranges (1 lb) |
0.58 $ (2,263.81 Col$) |
0.58 $ (2,271.69 Col$) |
+0.3 % |
| Tomato (1 lb) |
0.40 $ (1,554.66 Col$) |
0.67 $ (2,603.30 Col$) |
+67.5 % |
| Potato (1 lb) |
0.53 $ (2,042.09 Col$) |
0.54 $ (2,097.37 Col$) |
+2.7 % |
| Onion (1 lb) |
0.48 $ (1,875.34 Col$) |
0.58 $ (2,248.71 Col$) |
+19.9 % |
| Lettuce (1 head) |
0.68 $ (2,623.48 Col$) |
0.88 $ (3,401.39 Col$) |
+29.7 % |
| Water (1.5 liter bottle) |
1.00 $ (3,886.64 Col$) |
0.86 $ (3,347.65 Col$) |
-13.9 % |
| Bottle of Wine (Mid-Range) |
10.00 $ (38,866.39 Col$) |
10.00 $ (38,866.39 Col$) |
0.0 % |
| Domestic Beer (0.5 liter bottle) |
1.79 $ (6,961.78 Col$) |
1.15 $ (4,471.59 Col$) |
-35.8 % |
| Imported Beer (12 oz small bottle) |
3.00 $ (11,659.92 Col$) |
2.03 $ (7,888.54 Col$) |
-32.3 % |
| Cigarettes 20 Pack (Marlboro) |
4.00 $ (15,546.55 Col$) |
2.32 $ (9,000.00 Col$) |
-42.1 % |
Transportation | Loja Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.30 $ (1,165.99 Col$) |
0.75 $ (2,925.00 Col$) |
+150.9 % |
| Monthly Pass (Regular Price) |
15.00 $ (58,299.58 Col$) |
51.46 $ (200,000.00 Col$) |
+243.1 % |
| Taxi Start (Normal Tariff) |
0.65 $ (2,526.32 Col$) |
1.29 $ (5,000.00 Col$) |
+97.9 % |
| Taxi 1 mile (Normal Tariff) |
1.80 $ (7,014.11 Col$) |
3.31 $ (12,874.76 Col$) |
+83.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
15.00 $ (58,299.58 Col$) |
7.72 $ (30,000.00 Col$) |
-48.5 % |
| Gasoline (1 gallon) |
2.39 $ (9,306.38 Col$) |
3.79 $ (14,719.98 Col$) |
+58.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
30,000.00 $ (116,599,156.50 Col$) |
20,068.76 $ (78,000,000.00 Col$) |
-33.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
29,000.00 $ (112,712,517.95 Col$) |
28,423.27 $ (110,470,979.90 Col$) |
-2.0 % |
Utilities (Monthly) | Loja Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
38.24 $ (148,607.14 Col$) |
80.79 $ (313,985.56 Col$) |
+111.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
11.00 $ (42,753.02 Col$) |
10.04 $ (39,032.24 Col$) |
-8.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
32.58 $ (126,639.64 Col$) |
24.86 $ (96,615.38 Col$) |
-23.7 % |
Sports And Leisure | Loja Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
30.00 $ (116,599.16 Col$) |
26.90 $ (104,547.92 Col$) |
-10.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.25 $ (55,384.60 Col$) |
14.15 $ (55,000.00 Col$) |
-0.7 % |
| Cinema, International Release, 1 Seat |
6.00 $ (23,319.83 Col$) |
3.86 $ (15,000.00 Col$) |
-35.7 % |
Childcare | Loja Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
70.00 $ (272,064.70 Col$) |
236.71 $ (920,000.00 Col$) |
+238.2 % |
| International Primary School, Yearly for 1 Child |
5,650.00 $ (21,959,507.81 Col$) |
6,432.29 $ (25,000,000.00 Col$) |
+13.8 % |
Clothing And Shoes | Loja Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.71 $ (255,407.68 Col$) |
55.04 $ (213,912.21 Col$) |
-16.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
54.17 $ (210,526.25 Col$) |
40.04 $ (155,625.00 Col$) |
-26.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
103.33 $ (401,619.32 Col$) |
88.95 $ (345,714.29 Col$) |
-13.9 % |
| 1 Pair of Men Leather Business Shoes |
76.25 $ (296,356.19 Col$) |
86.46 $ (336,051.07 Col$) |
+13.4 % |
Rent Per Month | Loja Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
350.00 $ (1,360,323.49 Col$) |
469.21 $ (1,823,650.38 Col$) |
+34.1 % |
| Apartment (1 bedroom) Outside of Centre |
250.00 $ (971,659.64 Col$) |
370.72 $ (1,440,847.05 Col$) |
+48.3 % |
| Apartment (3 bedrooms) in City Centre |
500.00 $ (1,943,319.28 Col$) |
863.97 $ (3,357,922.26 Col$) |
+72.8 % |
| Apartment (3 bedrooms) Outside of Centre |
351.25 $ (1,365,181.79 Col$) |
784.41 $ (3,048,734.76 Col$) |
+123.3 % |
Buy Apartment Price | Loja Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
? (? Col$) |
166.04 $ (645,340.92 Col$) |
|
| Price per Square Feet to Buy Apartment Outside of Centre |
? (? Col$) |
143.16 $ (556,413.11 Col$) |
|
Salaries And Financing | Loja Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
425.00 $ (1,651,821.38 Col$) |
421.39 $ (1,637,787.88 Col$) |
-0.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.18 | 14.55 | +30.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 4 | 121 |
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