Cost of Living Comparison Between New York, NY and Medellin 

Indices DifferenceInfo
Consumer Prices in Medellin are 67.8% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Medellin are 77.5% lower than in New York, NY
Rent Prices in Medellin are 88.2% lower than in New York, NY
Restaurant Prices in Medellin are 76.8% lower than in New York, NY
Groceries Prices in Medellin are 66.5% lower than in New York, NY
Local Purchasing Power in Medellin is 68.4% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(117,181.24 Col$)
5.63 $
(22,000.00 Col$)
     -81.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(507,785.39 Col$)
28.16 $
(110,000.00 Col$)
     -78.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(46,872.50 Col$)
6.40 $
(25,000.00 Col$)
     -46.7 %
Domestic Beer (1 pint draught) 8.00 $
(31,248.33 Col$)
1.28 $
(5,000.00 Col$)
     -84.0 %
Imported Beer (12 oz small bottle) 11.00 $
(42,966.46 Col$)
3.07 $
(12,000.00 Col$)
     -72.1 %
Cappuccino (regular) 5.72 $
(22,324.53 Col$)
1.60 $
(6,233.84 Col$)
     -72.1 %
Coke/Pepsi (12 oz small bottle) 3.17 $
(12,389.75 Col$)
0.96 $
(3,736.48 Col$)
     -69.8 %
Water (12 oz small bottle) 2.33 $
(9,110.38 Col$)
0.70 $
(2,725.18 Col$)
     -70.1 %
Markets
New York, NY Edit Medellin Edit
Milk (regular), (1 gallon) 5.65 $
(22,051.51 Col$)
4.34 $
(16,958.65 Col$)
     -23.1 %
Loaf of Fresh White Bread (1 lb) 4.39 $
(17,132.40 Col$)
1.19 $
(4,659.29 Col$)
     -72.8 %
Rice (white), (1 lb) 3.33 $
(13,001.09 Col$)
0.56 $
(2,193.00 Col$)
     -83.1 %
Eggs (regular) (12) 5.22 $
(20,376.94 Col$)
2.17 $
(8,472.52 Col$)
     -58.4 %
Local Cheese (1 lb) 7.64 $
(29,850.00 Col$)
2.32 $
(9,057.93 Col$)
     -69.7 %
Chicken Fillets (1 lb) 7.05 $
(27,542.63 Col$)
2.64 $
(10,302.83 Col$)
     -62.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 $
(35,123.72 Col$)
4.74 $
(18,533.01 Col$)
     -47.2 %
Apples (1 lb) 3.10 $
(12,116.48 Col$)
1.10 $
(4,285.97 Col$)
     -64.6 %
Banana (1 lb) 0.95 $
(3,707.47 Col$)
0.42 $
(1,640.19 Col$)
     -55.8 %
Oranges (1 lb) 2.53 $
(9,870.45 Col$)
0.58 $
(2,272.09 Col$)
     -77.0 %
Tomato (1 lb) 2.86 $
(11,179.62 Col$)
0.67 $
(2,603.30 Col$)
     -76.7 %
Potato (1 lb) 1.81 $
(7,054.66 Col$)
0.54 $
(2,097.50 Col$)
     -70.3 %
Onion (1 lb) 1.69 $
(6,596.45 Col$)
0.58 $
(2,248.82 Col$)
     -65.9 %
Lettuce (1 head) 3.01 $
(11,765.68 Col$)
0.87 $
(3,403.00 Col$)
     -71.1 %
Water (1.5 liter bottle) 2.44 $
(9,545.76 Col$)
0.86 $
(3,348.99 Col$)
     -64.9 %
Bottle of Wine (Mid-Range) 20.00 $
(78,120.83 Col$)
10.00 $
(39,060.41 Col$)
     -50.0 %
Domestic Beer (0.5 liter bottle) 2.53 $
(9,873.79 Col$)
1.15 $
(4,473.13 Col$)
     -54.7 %
Imported Beer (12 oz small bottle) 3.86 $
(15,061.26 Col$)
2.02 $
(7,891.57 Col$)
     -47.6 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(66,402.70 Col$)
2.30 $
(9,000.00 Col$)
     -86.4 %
Transportation
New York, NY Edit Medellin Edit
One-way Ticket (Local Transport) 2.90 $
(11,327.52 Col$)
0.75 $
(2,925.00 Col$)
     -74.2 %
Monthly Pass (Regular Price) 132.00 $
(515,597.47 Col$)
51.20 $
(200,000.00 Col$)
     -61.2 %
Taxi Start (Normal Tariff) 5.00 $
(19,530.21 Col$)
1.28 $
(5,000.00 Col$)
     -74.4 %
Taxi 1 mile (Normal Tariff) 3.50 $
(13,671.15 Col$)
3.30 $
(12,874.76 Col$)
     -5.8 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(132,805.41 Col$)
7.68 $
(30,000.00 Col$)
     -77.4 %
Gasoline (1 gallon) 3.85 $
(15,056.54 Col$)
3.77 $
(14,719.98 Col$)
     -2.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(136,711,450.26 Col$)
19,969.07 $
(78,000,000.00 Col$)
     -42.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,356.86 $
(110,763,062.30 Col$)
28,305.26 $
(110,561,526.70 Col$)
     -0.2 %
Utilities (Monthly)
New York, NY Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 187.85 $
(733,768.12 Col$)
80.38 $
(313,985.56 Col$)
     -57.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.17 $
(266,284.27 Col$)
9.99 $
(39,032.24 Col$)
     -85.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.82 $
(280,523.61 Col$)
24.74 $
(96,627.26 Col$)
     -65.6 %
Sports And Leisure
New York, NY Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 147.95 $
(577,916.59 Col$)
26.77 $
(104,577.02 Col$)
     -81.9 %
Tennis Court Rent (1 Hour on Weekend) 93.12 $
(363,750.11 Col$)
14.08 $
(55,000.00 Col$)
     -84.9 %
Cinema, International Release, 1 Seat 20.00 $
(78,120.83 Col$)
3.84 $
(15,000.00 Col$)
     -80.8 %
Childcare
New York, NY Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,123.56 $
(12,200,737.43 Col$)
235.53 $
(920,000.00 Col$)
     -92.5 %
International Primary School, Yearly for 1 Child 58,000.00 $
(226,550,403.29 Col$)
6,400.34 $
(25,000,000.00 Col$)
     -89.0 %
Clothing And Shoes
New York, NY Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.17 $
(281,915.17 Col$)
54.78 $
(213,963.27 Col$)
     -24.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(188,420.00 Col$)
39.84 $
(155,625.00 Col$)
     -17.4 %
1 Pair of Nike Running Shoes (Mid-Range) 101.23 $
(395,420.29 Col$)
88.51 $
(345,714.29 Col$)
     -12.6 %
1 Pair of Men Leather Business Shoes 169.09 $
(660,460.66 Col$)
86.07 $
(336,200.32 Col$)
     -49.1 %
Rent Per Month
New York, NY Edit Medellin Edit
Apartment (1 bedroom) in City Centre 4,203.82 $
(16,420,303.79 Col$)
459.79 $
(1,795,973.26 Col$)
     -89.1 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $
(11,309,161.77 Col$)
362.81 $
(1,417,152.32 Col$)
     -87.5 %
Apartment (3 bedrooms) in City Centre 8,779.04 $
(34,291,288.00 Col$)
828.60 $
(3,236,562.01 Col$)
     -90.6 %
Apartment (3 bedrooms) Outside of Centre 4,625.19 $
(18,066,164.98 Col$)
770.18 $
(3,008,345.55 Col$)
     -83.3 %
Buy Apartment Price
New York, NY Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 1,710.37 $
(6,680,777.58 Col$)
165.31 $
(645,716.63 Col$)
     -90.3 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(4,463,621.39 Col$)
142.45 $
(556,413.11 Col$)
     -87.5 %
Salaries And Financing
New York, NY Edit Medellin Edit
Average Monthly Net Salary (After Tax) 5,903.58 $
(23,059,632.09 Col$)
419.30 $
(1,637,787.88 Col$)
     -92.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 14.55      +115.7 %
Last update: May 2024May 2024
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