Cost of Living Comparison Between Milan and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 52.1% lower than in Milan (without rent)
Consumer Prices Including Rent in Medellin are 57.6% lower than in Milan
Rent Prices in Medellin are 68.4% lower than in Milan
Restaurant Prices in Medellin are 65.7% lower than in Milan
Groceries Prices in Medellin are 49.9% lower than in Milan
Local Purchasing Power in Medellin is 44.8% lower than in Milan
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Milan Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 20.00 €
(83,257.52 Col$)
5.28 €
(22,000.00 Col$)
     -73.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 €
(333,030.06 Col$)
26.42 €
(110,000.00 Col$)
     -67.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(41,628.76 Col$)
6.01 €
(25,000.00 Col$)
     -39.9 %
Domestic Beer (1 pint draught) 6.00 €
(24,977.25 Col$)
1.20 €
(5,000.00 Col$)
     -80.0 %
Imported Beer (12 oz small bottle) 5.00 €
(20,814.38 Col$)
2.52 €
(10,500.00 Col$)
     -49.6 %
Cappuccino (regular) 1.96 €
(8,141.17 Col$)
1.51 €
(6,277.08 Col$)
     -22.9 %
Coke/Pepsi (12 oz small bottle) 2.87 €
(11,930.19 Col$)
0.91 €
(3,791.12 Col$)
     -68.2 %
Water (12 oz small bottle) 1.44 €
(5,984.13 Col$)
0.67 €
(2,779.28 Col$)
     -53.6 %
Markets
Milan Edit Medellin Edit
Milk (regular), (1 gallon) 6.12 €
(25,495.11 Col$)
4.02 €
(16,752.03 Col$)
     -34.3 %
Loaf of Fresh White Bread (1 lb) 2.18 €
(9,093.82 Col$)
1.10 €
(4,590.87 Col$)
     -49.5 %
Rice (white), (1 lb) 1.52 €
(6,336.85 Col$)
0.53 €
(2,201.24 Col$)
     -65.3 %
Eggs (regular) (12) 3.95 €
(16,458.26 Col$)
2.03 €
(8,442.09 Col$)
     -48.7 %
Local Cheese (1 lb) 7.25 €
(30,166.70 Col$)
2.23 €
(9,274.59 Col$)
     -69.3 %
Chicken Fillets (1 lb) 5.38 €
(22,384.30 Col$)
2.45 €
(10,201.92 Col$)
     -54.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.21 €
(38,324.50 Col$)
4.12 €
(17,170.34 Col$)
     -55.2 %
Apples (1 lb) 1.03 €
(4,277.56 Col$)
0.99 €
(4,127.14 Col$)
     -3.5 %
Banana (1 lb) 0.89 €
(3,715.59 Col$)
0.40 €
(1,662.82 Col$)
     -55.2 %
Oranges (1 lb) 1.13 €
(4,690.12 Col$)
0.51 €
(2,132.27 Col$)
     -54.5 %
Tomato (1 lb) 1.56 €
(6,479.40 Col$)
0.61 €
(2,553.99 Col$)
     -60.6 %
Potato (1 lb) 0.76 €
(3,174.21 Col$)
0.49 €
(2,026.72 Col$)
     -36.2 %
Onion (1 lb) 0.75 €
(3,138.40 Col$)
0.51 €
(2,118.53 Col$)
     -32.5 %
Lettuce (1 head) 1.30 €
(5,411.74 Col$)
0.79 €
(3,309.13 Col$)
     -38.9 %
Water (1.5 liter bottle) 0.53 €
(2,196.92 Col$)
0.75 €
(3,116.84 Col$)
     +41.9 %
Bottle of Wine (Mid-Range) 7.00 €
(29,140.13 Col$)
9.49 €
(39,489.15 Col$)
     +35.5 %
Domestic Beer (0.5 liter bottle) 1.86 €
(7,748.56 Col$)
1.10 €
(4,561.81 Col$)
     -41.1 %
Imported Beer (12 oz small bottle) 2.12 €
(8,828.17 Col$)
1.88 €
(7,837.92 Col$)
     -11.2 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(24,977.25 Col$)
2.16 €
(9,000.00 Col$)
     -64.0 %
Transportation
Milan Edit Medellin Edit
One-way Ticket (Local Transport) 2.20 €
(9,158.33 Col$)
0.70 €
(2,900.00 Col$)
     -68.3 %
Monthly Pass (Regular Price) 39.00 €
(162,352.16 Col$)
48.04 €
(200,000.00 Col$)
     +23.2 %
Taxi Start (Normal Tariff) 7.00 €
(29,140.13 Col$)
1.20 €
(5,000.00 Col$)
     -82.8 %
Taxi 1 mile (Normal Tariff) 3.22 €
(13,399.00 Col$)
3.09 €
(12,874.76 Col$)
     -3.9 %
Taxi 1hour Waiting (Normal Tariff) 33.27 €
(138,498.88 Col$)
7.21 €
(30,000.00 Col$)
     -78.3 %
Gasoline (1 gallon) 7.07 €
(29,415.31 Col$)
3.30 €
(13,755.95 Col$)
     -53.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,000.00 €
(116,560,521.72 Col$)
18,737.05 €
(78,000,000.00 Col$)
     -33.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,842.86 €
(128,394,982.86 Col$)
26,188.60 €
(109,019,889.98 Col$)
     -15.1 %
Utilities (Monthly)
Milan Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 258.82 €
(1,077,453.47 Col$)
72.55 €
(302,006.39 Col$)
     -72.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 9.24 €
(38,469.60 Col$)
9.36 €
(38,971.75 Col$)
     +1.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26.98 €
(112,297.54 Col$)
22.84 €
(95,083.11 Col$)
     -15.3 %
Sports And Leisure
Milan Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 64.60 €
(268,932.73 Col$)
25.12 €
(104,564.71 Col$)
     -61.1 %
Tennis Court Rent (1 Hour on Weekend) 31.91 €
(132,833.58 Col$)
13.21 €
(55,000.00 Col$)
     -58.6 %
Cinema, International Release, 1 Seat 10.00 €
(41,628.76 Col$)
3.96 €
(16,500.00 Col$)
     -60.4 %
Childcare
Milan Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 803.40 €
(3,344,460.71 Col$)
206.89 €
(861,250.00 Col$)
     -74.2 %
International Primary School, Yearly for 1 Child 13,172.09 €
(54,833,778.16 Col$)
6,065.52 €
(25,250,000.00 Col$)
     -54.0 %
Clothing And Shoes
Milan Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 92.94 €
(386,916.18 Col$)
50.76 €
(211,310.08 Col$)
     -45.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.04 €
(150,030.04 Col$)
36.60 €
(152,352.94 Col$)
     +1.5 %
1 Pair of Nike Running Shoes (Mid-Range) 98.74 €
(411,029.21 Col$)
82.36 €
(342,857.14 Col$)
     -16.6 %
1 Pair of Men Leather Business Shoes 142.26 €
(592,207.62 Col$)
77.47 €
(322,481.91 Col$)
     -45.5 %
Rent Per Month
Milan Edit Medellin Edit
Apartment (1 bedroom) in City Centre 1,433.60 €
(5,967,898.71 Col$)
431.25 €
(1,795,241.34 Col$)
     -69.9 %
Apartment (1 bedroom) Outside of Centre 952.42 €
(3,964,815.40 Col$)
333.23 €
(1,387,186.85 Col$)
     -65.0 %
Apartment (3 bedrooms) in City Centre 2,897.95 €
(12,063,800.52 Col$)
788.26 €
(3,281,438.00 Col$)
     -72.8 %
Apartment (3 bedrooms) Outside of Centre 1,877.05 €
(7,813,936.93 Col$)
708.45 €
(2,949,204.73 Col$)
     -62.3 %
Buy Apartment Price
Milan Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 852.51 €
(3,548,907.52 Col$)
157.03 €
(653,696.00 Col$)
     -81.6 %
Price per Square Feet to Buy Apartment Outside of Centre 443.90 €
(1,847,912.87 Col$)
138.47 €
(576,422.83 Col$)
     -68.8 %
Salaries And Financing
Milan Edit Medellin Edit
Average Monthly Net Salary (After Tax) 1,726.78 €
(7,188,380.26 Col$)
403.60 €
(1,680,133.00 Col$)
     -76.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.39 14.23      +223.8 %
Last update: April 2024April 2024
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