Cost of Living Comparison Between Miami, FL and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 56.0% lower than in Miami, FL (without rent) | |
| Consumer Prices Including Rent in Medellin are 68.1% lower than in Miami, FL | |
| Rent Prices in Medellin are 82.4% lower than in Miami, FL | |
| Restaurant Prices in Medellin are 71.7% lower than in Miami, FL | |
| Groceries Prices in Medellin are 53.2% lower than in Miami, FL | |
| Local Purchasing Power in Medellin is 68.5% lower than in Miami, FL | |
Restaurants | Miami, FL Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (97,529.30 Col$) |
5.64 $ (22,000.00 Col$) |
-77.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 $ (390,117.18 Col$) |
28.20 $ (110,000.00 Col$) |
-71.8 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (46,814.06 Col$) |
6.41 $ (25,000.00 Col$) |
-46.6 % |
| Domestic Beer (1 pint draught) |
7.00 $ (27,308.20 Col$) |
1.28 $ (5,000.00 Col$) |
-81.7 % |
| Imported Beer (12 oz small bottle) |
8.00 $ (31,209.37 Col$) |
2.95 $ (11,500.00 Col$) |
-63.2 % |
| Cappuccino (regular) |
4.82 $ (18,787.69 Col$) |
1.59 $ (6,200.09 Col$) |
-67.0 % |
| Coke/Pepsi (12 oz small bottle) |
2.69 $ (10,511.88 Col$) |
0.97 $ (3,766.75 Col$) |
-64.2 % |
| Water (12 oz small bottle) |
2.14 $ (8,359.15 Col$) |
0.71 $ (2,755.24 Col$) |
-67.0 % |
Markets | Miami, FL Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
4.42 $ (17,230.77 Col$) |
4.25 $ (16,589.19 Col$) |
-3.7 % |
| Loaf of Fresh White Bread (1 lb) |
3.28 $ (12,777.57 Col$) |
1.19 $ (4,629.61 Col$) |
-63.8 % |
| Rice (white), (1 lb) |
1.78 $ (6,931.91 Col$) |
0.56 $ (2,204.14 Col$) |
-68.2 % |
| Eggs (regular) (12) |
3.89 $ (15,158.84 Col$) |
2.15 $ (8,390.33 Col$) |
-44.7 % |
| Local Cheese (1 lb) |
5.97 $ (23,302.03 Col$) |
2.30 $ (8,972.20 Col$) |
-61.5 % |
| Chicken Fillets (1 lb) |
4.92 $ (19,196.79 Col$) |
2.71 $ (10,583.34 Col$) |
-44.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.30 $ (24,592.42 Col$) |
4.57 $ (17,840.03 Col$) |
-27.5 % |
| Apples (1 lb) |
2.59 $ (10,091.93 Col$) |
1.06 $ (4,127.94 Col$) |
-59.1 % |
| Banana (1 lb) |
0.84 $ (3,271.94 Col$) |
0.42 $ (1,657.92 Col$) |
-49.3 % |
| Oranges (1 lb) |
1.64 $ (6,382.41 Col$) |
0.55 $ (2,132.25 Col$) |
-66.6 % |
| Tomato (1 lb) |
2.03 $ (7,902.32 Col$) |
0.65 $ (2,553.99 Col$) |
-67.7 % |
| Potato (1 lb) |
1.09 $ (4,252.28 Col$) |
0.52 $ (2,027.05 Col$) |
-52.3 % |
| Onion (1 lb) |
1.42 $ (5,521.67 Col$) |
0.54 $ (2,118.82 Col$) |
-61.6 % |
| Lettuce (1 head) |
2.56 $ (9,983.10 Col$) |
0.85 $ (3,309.36 Col$) |
-66.9 % |
| Water (1.5 liter bottle) |
2.03 $ (7,901.37 Col$) |
0.80 $ (3,117.35 Col$) |
-60.5 % |
| Bottle of Wine (Mid-Range) |
12.50 $ (48,745.14 Col$) |
10.25 $ (40,000.00 Col$) |
-17.9 % |
| Domestic Beer (0.5 liter bottle) |
2.00 $ (7,786.55 Col$) |
1.17 $ (4,562.05 Col$) |
-41.4 % |
| Imported Beer (12 oz small bottle) |
2.37 $ (9,240.90 Col$) |
2.01 $ (7,838.39 Col$) |
-15.2 % |
| Cigarettes 20 Pack (Marlboro) |
9.00 $ (35,110.55 Col$) |
2.31 $ (9,000.00 Col$) |
-74.4 % |
Transportation | Miami, FL Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
2.25 $ (8,777.64 Col$) |
0.75 $ (2,925.00 Col$) |
-66.7 % |
| Monthly Pass (Regular Price) |
115.00 $ (448,634.76 Col$) |
51.27 $ (200,000.00 Col$) |
-55.4 % |
| Taxi Start (Normal Tariff) |
2.98 $ (11,605.99 Col$) |
1.33 $ (5,200.00 Col$) |
-55.2 % |
| Taxi 1 mile (Normal Tariff) |
2.10 $ (8,192.46 Col$) |
3.30 $ (12,874.76 Col$) |
+57.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
24.00 $ (93,628.12 Col$) |
7.69 $ (30,000.00 Col$) |
-68.0 % |
| Gasoline (1 gallon) |
3.45 $ (13,477.69 Col$) |
3.54 $ (13,800.57 Col$) |
+2.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (136,541,013.53 Col$) |
19,993.99 $ (78,000,000.00 Col$) |
-42.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,955.19 $ (97,354,502.76 Col$) |
27,948.69 $ (109,032,649.86 Col$) |
+12.0 % |
Utilities (Monthly) | Miami, FL Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.11 $ (663,637.30 Col$) |
79.44 $ (309,926.14 Col$) |
-53.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
56.94 $ (222,137.31 Col$) |
10.01 $ (39,032.24 Col$) |
-82.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.83 $ (241,222.46 Col$) |
24.61 $ (96,008.09 Col$) |
-60.2 % |
Sports And Leisure | Miami, FL Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
68.17 $ (265,929.88 Col$) |
26.80 $ (104,569.49 Col$) |
-60.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.86 $ (93,070.81 Col$) |
14.10 $ (55,000.00 Col$) |
-40.9 % |
| Cinema, International Release, 1 Seat |
15.00 $ (58,517.58 Col$) |
3.84 $ (15,000.00 Col$) |
-74.4 % |
Childcare | Miami, FL Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,162.50 $ (4,535,112.23 Col$) |
220.77 $ (861,250.00 Col$) |
-81.0 % |
| International Primary School, Yearly for 1 Child |
28,333.33 $ (110,533,201.43 Col$) |
6,472.41 $ (25,250,000.00 Col$) |
-77.2 % |
Clothing And Shoes | Miami, FL Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
46.50 $ (181,404.49 Col$) |
54.66 $ (213,252.55 Col$) |
+17.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
43.12 $ (168,238.03 Col$) |
39.05 $ (152,352.94 Col$) |
-9.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.28 $ (313,177.40 Col$) |
87.15 $ (340,000.00 Col$) |
+8.6 % |
| 1 Pair of Men Leather Business Shoes |
96.67 $ (377,113.28 Col$) |
82.67 $ (322,508.50 Col$) |
-14.5 % |
Rent Per Month | Miami, FL Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
2,784.86 $ (10,864,226.70 Col$) |
460.25 $ (1,795,525.66 Col$) |
-83.5 % |
| Apartment (1 bedroom) Outside of Centre |
2,070.41 $ (8,077,044.64 Col$) |
355.64 $ (1,387,431.31 Col$) |
-82.8 % |
| Apartment (3 bedrooms) in City Centre |
5,249.12 $ (20,477,712.03 Col$) |
849.21 $ (3,312,894.80 Col$) |
-83.8 % |
| Apartment (3 bedrooms) Outside of Centre |
3,635.93 $ (14,184,373.01 Col$) |
758.17 $ (2,957,757.19 Col$) |
-79.1 % |
Buy Apartment Price | Miami, FL Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
575.52 $ (2,245,195.05 Col$) |
167.58 $ (653,752.62 Col$) |
-70.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
359.55 $ (1,402,673.40 Col$) |
145.58 $ (567,942.52 Col$) |
-59.5 % |
Salaries And Financing | Miami, FL Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
4,289.41 $ (16,733,721.42 Col$) |
430.67 $ (1,680,133.00 Col$) |
-90.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.59 | 14.23 | +115.8 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 150 | 118 |
Moving to Miami, FL? Explore:
Moving to Medellin? Explore:
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| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Port St Lucie, Florida | 111.85 miles |
| Cost of Living in Naples, Florida | 123.55 miles |
| Cost of Living in Fort Myers, Florida | 156.10 miles |
| Cost of Living in Venice, Florida | 213.33 miles |
| Cost of Living in Orlando, Florida | 234.00 miles |
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |