Cost of Living Comparison Between Boquete and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 29.6% lower than in Boquete (without rent) | |
| Consumer Prices Including Rent in Medellin are 32.4% lower than in Boquete | |
| Rent Prices in Medellin are 39.5% lower than in Boquete | |
| Restaurant Prices in Medellin are 29.4% lower than in Boquete | |
| Groceries Prices in Medellin are 32.8% lower than in Boquete | |
| Local Purchasing Power in Medellin is 6.3% higher than in Boquete | |
Restaurants | Boquete Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
6.50 $ (25,335.89 Col$) |
5.64 $ (22,000.00 Col$) |
-13.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
47.50 $ (185,146.91 Col$) |
28.22 $ (110,000.00 Col$) |
-40.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
6.50 $ (25,335.89 Col$) |
6.41 $ (25,000.00 Col$) |
-1.3 % |
| Domestic Beer (1 pint draught) |
2.00 $ (7,795.66 Col$) |
1.28 $ (5,000.00 Col$) |
-35.9 % |
| Imported Beer (12 oz small bottle) |
3.00 $ (11,693.49 Col$) |
2.69 $ (10,500.00 Col$) |
-10.2 % |
| Cappuccino (regular) |
3.41 $ (13,301.34 Col$) |
1.61 $ (6,277.08 Col$) |
-52.8 % |
| Coke/Pepsi (12 oz small bottle) |
1.33 $ (5,197.11 Col$) |
0.97 $ (3,791.12 Col$) |
-27.1 % |
| Water (12 oz small bottle) |
0.95 $ (3,702.94 Col$) |
0.71 $ (2,779.28 Col$) |
-24.9 % |
Markets | Boquete Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
5.92 $ (23,089.77 Col$) |
4.30 $ (16,752.03 Col$) |
-27.4 % |
| Loaf of Fresh White Bread (1 lb) |
2.05 $ (7,995.75 Col$) |
1.18 $ (4,590.87 Col$) |
-42.6 % |
| Rice (white), (1 lb) |
0.83 $ (3,228.69 Col$) |
0.56 $ (2,201.24 Col$) |
-31.8 % |
| Eggs (regular) (12) |
2.67 $ (10,418.34 Col$) |
2.17 $ (8,442.09 Col$) |
-19.0 % |
| Local Cheese (1 lb) |
3.61 $ (14,063.99 Col$) |
2.38 $ (9,274.59 Col$) |
-34.1 % |
| Chicken Fillets (1 lb) |
3.64 $ (14,202.32 Col$) |
2.62 $ (10,201.92 Col$) |
-28.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.11 $ (19,927.06 Col$) |
4.41 $ (17,170.34 Col$) |
-13.8 % |
| Apples (1 lb) |
1.35 $ (5,250.60 Col$) |
1.06 $ (4,127.14 Col$) |
-21.4 % |
| Banana (1 lb) |
0.58 $ (2,245.51 Col$) |
0.43 $ (1,662.82 Col$) |
-25.9 % |
| Oranges (1 lb) |
1.27 $ (4,955.93 Col$) |
0.55 $ (2,132.27 Col$) |
-57.0 % |
| Tomato (1 lb) |
1.09 $ (4,245.99 Col$) |
0.66 $ (2,553.99 Col$) |
-39.8 % |
| Potato (1 lb) |
1.01 $ (3,951.32 Col$) |
0.52 $ (2,026.72 Col$) |
-48.7 % |
| Onion (1 lb) |
1.10 $ (4,289.51 Col$) |
0.54 $ (2,118.53 Col$) |
-50.6 % |
| Lettuce (1 head) |
2.11 $ (8,213.28 Col$) |
0.85 $ (3,309.13 Col$) |
-59.7 % |
| Water (1.5 liter bottle) |
1.93 $ (7,535.80 Col$) |
0.80 $ (3,116.84 Col$) |
-58.6 % |
| Bottle of Wine (Mid-Range) |
6.55 $ (25,530.78 Col$) |
10.13 $ (39,489.15 Col$) |
+54.7 % |
| Domestic Beer (0.5 liter bottle) |
1.08 $ (4,196.29 Col$) |
1.17 $ (4,561.81 Col$) |
+8.7 % |
| Imported Beer (12 oz small bottle) |
2.33 $ (9,094.94 Col$) |
2.01 $ (7,837.92 Col$) |
-13.8 % |
| Cigarettes 20 Pack (Marlboro) |
5.25 $ (20,463.61 Col$) |
2.31 $ (9,000.00 Col$) |
-56.0 % |
Transportation | Boquete Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
1.50 $ (5,846.74 Col$) |
0.74 $ (2,900.00 Col$) |
-50.4 % |
| Monthly Pass (Regular Price) |
25.00 $ (97,445.74 Col$) |
51.31 $ (200,000.00 Col$) |
+105.2 % |
| Taxi Start (Normal Tariff) |
1.38 $ (5,359.52 Col$) |
1.28 $ (5,000.00 Col$) |
-6.7 % |
| Taxi 1 mile (Normal Tariff) |
2.41 $ (9,409.43 Col$) |
3.30 $ (12,874.76 Col$) |
+36.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
8.00 $ (31,182.64 Col$) |
7.70 $ (30,000.00 Col$) |
-3.8 % |
| Gasoline (1 gallon) |
3.78 $ (14,718.01 Col$) |
3.53 $ (13,755.95 Col$) |
-6.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
15,000.00 $ (58,467,444.57 Col$) |
20,011.14 $ (78,000,000.00 Col$) |
+33.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
19,000.00 $ (74,058,763.12 Col$) |
27,969.38 $ (109,019,889.98 Col$) |
+47.2 % |
Utilities (Monthly) | Boquete Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
55.00 $ (214,380.63 Col$) |
77.48 $ (302,006.39 Col$) |
+40.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
32.00 $ (124,730.55 Col$) |
10.00 $ (38,971.75 Col$) |
-68.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
48.66 $ (189,687.88 Col$) |
24.39 $ (95,083.11 Col$) |
-49.9 % |
Sports And Leisure | Boquete Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
100.00 $ (389,782.96 Col$) |
26.83 $ (104,564.71 Col$) |
-73.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
50.00 $ (194,891.48 Col$) |
14.11 $ (55,000.00 Col$) |
-71.8 % |
| Cinema, International Release, 1 Seat |
3.50 $ (13,642.40 Col$) |
4.23 $ (16,500.00 Col$) |
+20.9 % |
Childcare | Boquete Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
165.00 $ (643,141.89 Col$) |
220.96 $ (861,250.00 Col$) |
+33.9 % |
| International Primary School, Yearly for 1 Child |
3,600.00 $ (14,032,186.70 Col$) |
6,477.96 $ (25,250,000.00 Col$) |
+79.9 % |
Clothing And Shoes | Boquete Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
38.75 $ (151,040.90 Col$) |
54.21 $ (211,310.08 Col$) |
+39.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
36.67 $ (142,920.42 Col$) |
39.09 $ (152,352.94 Col$) |
+6.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
56.00 $ (218,278.46 Col$) |
87.96 $ (342,857.14 Col$) |
+57.1 % |
| 1 Pair of Men Leather Business Shoes |
60.00 $ (233,869.78 Col$) |
82.73 $ (322,481.91 Col$) |
+37.9 % |
Rent Per Month | Boquete Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
743.75 $ (2,899,010.79 Col$) |
460.57 $ (1,795,241.34 Col$) |
-38.1 % |
| Apartment (1 bedroom) Outside of Centre |
650.00 $ (2,533,589.26 Col$) |
355.89 $ (1,387,186.85 Col$) |
-45.2 % |
| Apartment (3 bedrooms) in City Centre |
1,400.00 $ (5,456,961.49 Col$) |
841.86 $ (3,281,438.00 Col$) |
-39.9 % |
| Apartment (3 bedrooms) Outside of Centre |
1,200.00 $ (4,677,395.57 Col$) |
756.63 $ (2,949,204.73 Col$) |
-36.9 % |
Buy Apartment Price | Boquete Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
? (? Col$) |
167.71 $ (653,696.00 Col$) |
|
| Price per Square Feet to Buy Apartment Outside of Centre |
? (? Col$) |
147.88 $ (576,422.83 Col$) |
|
Salaries And Financing | Boquete Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
600.00 $ (2,338,697.78 Col$) |
431.04 $ (1,680,133.00 Col$) |
-28.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.00 | 14.23 | +103.2 % |
| Last update: | March 2024 | April 2024 | |
| Contributors in the past 12 months: | 10 | 116 |
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