Cost of Living Comparison Between Caracas and Medellin 
| Indices Difference |  |
|---|---|
| Consumer Prices in Medellin are 21.9% lower than in Caracas (without rent) | |
| Consumer Prices Including Rent in Medellin are 16.0% lower than in Caracas | |
| Rent Prices in Medellin are 7.7% higher than in Caracas | |
| Restaurant Prices in Medellin are 43.8% lower than in Caracas | |
| Groceries Prices in Medellin are 20.9% lower than in Caracas | |
| Local Purchasing Power in Medellin is 167.9% higher than in Caracas | |
Restaurants | Caracas Edit |
Medellin Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
10.00 $ (38,934.21 Col$) |
5.65 $ (22,000.00 Col$) |
-43.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 $ (233,605.24 Col$) |
28.25 $ (110,000.00 Col$) |
-52.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
11.00 $ (42,827.63 Col$) |
6.42 $ (25,000.00 Col$) |
-41.6 % |
| Domestic Beer (1 pint draught) |
1.50 $ (5,840.13 Col$) |
1.28 $ (5,000.00 Col$) |
-14.4 % |
| Imported Beer (12 oz small bottle) |
3.00 $ (11,680.26 Col$) |
3.08 $ (12,000.00 Col$) |
+2.7 % |
| Cappuccino (regular) |
2.36 $ (9,177.35 Col$) |
1.66 $ (6,455.87 Col$) |
-29.7 % |
| Coke/Pepsi (12 oz small bottle) |
1.30 $ (5,077.90 Col$) |
1.00 $ (3,879.68 Col$) |
-23.6 % |
| Water (12 oz small bottle) |
0.97 $ (3,768.92 Col$) |
0.73 $ (2,838.81 Col$) |
-24.7 % |
Markets | Caracas Edit |
Medellin Edit | |
| Milk (regular), (1 gallon) |
7.44 $ (28,982.21 Col$) |
4.36 $ (16,958.65 Col$) |
-41.5 % |
| Loaf of Fresh White Bread (1 lb) |
2.07 $ (8,045.56 Col$) |
1.20 $ (4,659.29 Col$) |
-42.1 % |
| Rice (white), (1 lb) |
0.59 $ (2,283.70 Col$) |
0.56 $ (2,193.00 Col$) |
-4.0 % |
| Eggs (regular) (12) |
2.51 $ (9,770.32 Col$) |
2.18 $ (8,472.52 Col$) |
-13.3 % |
| Local Cheese (1 lb) |
3.29 $ (12,819.84 Col$) |
2.33 $ (9,057.93 Col$) |
-29.3 % |
| Chicken Fillets (1 lb) |
2.83 $ (11,028.17 Col$) |
2.65 $ (10,302.43 Col$) |
-6.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
3.32 $ (12,927.85 Col$) |
4.76 $ (18,533.01 Col$) |
+43.4 % |
| Apples (1 lb) |
2.15 $ (8,355.27 Col$) |
1.10 $ (4,285.08 Col$) |
-48.7 % |
| Banana (1 lb) |
0.62 $ (2,433.19 Col$) |
0.42 $ (1,639.14 Col$) |
-32.6 % |
| Oranges (1 lb) |
0.93 $ (3,620.36 Col$) |
0.58 $ (2,271.69 Col$) |
-37.3 % |
| Tomato (1 lb) |
0.79 $ (3,064.00 Col$) |
0.67 $ (2,603.30 Col$) |
-15.0 % |
| Potato (1 lb) |
0.86 $ (3,336.93 Col$) |
0.54 $ (2,097.37 Col$) |
-37.1 % |
| Onion (1 lb) |
0.85 $ (3,290.59 Col$) |
0.58 $ (2,248.71 Col$) |
-31.7 % |
| Lettuce (1 head) |
1.00 $ (3,893.42 Col$) |
0.87 $ (3,401.39 Col$) |
-12.6 % |
| Water (1.5 liter bottle) |
1.49 $ (5,801.20 Col$) |
0.86 $ (3,347.65 Col$) |
-42.3 % |
| Bottle of Wine (Mid-Range) |
9.00 $ (35,040.79 Col$) |
9.98 $ (38,866.39 Col$) |
+10.9 % |
| Domestic Beer (0.5 liter bottle) |
1.49 $ (5,802.92 Col$) |
1.15 $ (4,471.59 Col$) |
-22.9 % |
| Imported Beer (12 oz small bottle) |
1.86 $ (7,246.09 Col$) |
2.03 $ (7,888.54 Col$) |
+8.9 % |
| Cigarettes 20 Pack (Marlboro) |
3.25 $ (12,653.62 Col$) |
2.31 $ (9,000.00 Col$) |
-28.9 % |
Transportation | Caracas Edit |
Medellin Edit | |
| One-way Ticket (Local Transport) |
0.50 $ (1,946.71 Col$) |
0.75 $ (2,925.00 Col$) |
+50.3 % |
| Monthly Pass (Regular Price) |
30.00 $ (116,802.62 Col$) |
51.37 $ (200,000.00 Col$) |
+71.2 % |
| Taxi Start (Normal Tariff) |
5.00 $ (19,467.10 Col$) |
1.28 $ (5,000.00 Col$) |
-74.3 % |
| Taxi 1 mile (Normal Tariff) |
3.22 $ (12,531.71 Col$) |
3.31 $ (12,874.76 Col$) |
+2.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
10.00 $ (38,934.21 Col$) |
7.71 $ (30,000.00 Col$) |
-22.9 % |
| Gasoline (1 gallon) |
1.89 $ (7,369.10 Col$) |
3.78 $ (14,719.98 Col$) |
+99.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,500.00 $ (130,429,594.86 Col$) |
20,033.80 $ (78,000,000.00 Col$) |
-40.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
39,666.67 $ (154,439,022.77 Col$) |
28,373.76 $ (110,470,979.90 Col$) |
-28.5 % |
Utilities (Monthly) | Caracas Edit |
Medellin Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
13.68 $ (53,260.78 Col$) |
80.65 $ (313,985.56 Col$) |
+489.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.00 $ (58,401.31 Col$) |
10.03 $ (39,032.24 Col$) |
-33.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
42.27 $ (164,585.51 Col$) |
24.82 $ (96,615.38 Col$) |
-41.3 % |
Sports And Leisure | Caracas Edit |
Medellin Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
57.73 $ (224,756.56 Col$) |
26.85 $ (104,547.92 Col$) |
-53.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.50 $ (52,561.18 Col$) |
14.13 $ (55,000.00 Col$) |
+4.6 % |
| Cinema, International Release, 1 Seat |
5.00 $ (19,467.10 Col$) |
3.85 $ (15,000.00 Col$) |
-22.9 % |
Childcare | Caracas Edit |
Medellin Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
94.79 $ (369,063.84 Col$) |
236.30 $ (920,000.00 Col$) |
+149.3 % |
| International Primary School, Yearly for 1 Child |
4,720.00 $ (18,376,945.90 Col$) |
6,421.09 $ (25,000,000.00 Col$) |
+36.0 % |
Clothing And Shoes | Caracas Edit |
Medellin Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
49.58 $ (193,048.78 Col$) |
54.94 $ (213,912.21 Col$) |
+10.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
41.75 $ (162,550.32 Col$) |
39.97 $ (155,625.00 Col$) |
-4.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
94.58 $ (368,252.71 Col$) |
88.79 $ (345,714.29 Col$) |
-6.1 % |
| 1 Pair of Men Leather Business Shoes |
71.30 $ (277,600.90 Col$) |
86.31 $ (336,051.07 Col$) |
+21.1 % |
Rent Per Month | Caracas Edit |
Medellin Edit | |
| Apartment (1 bedroom) in City Centre |
375.00 $ (1,460,032.78 Col$) |
468.39 $ (1,823,650.38 Col$) |
+24.9 % |
| Apartment (1 bedroom) Outside of Centre |
370.00 $ (1,440,565.67 Col$) |
370.07 $ (1,440,847.05 Col$) |
+0.0 % |
| Apartment (3 bedrooms) in City Centre |
870.00 $ (3,387,276.05 Col$) |
862.46 $ (3,357,922.26 Col$) |
-0.9 % |
| Apartment (3 bedrooms) Outside of Centre |
695.45 $ (2,707,697.15 Col$) |
783.05 $ (3,048,734.76 Col$) |
+12.6 % |
Buy Apartment Price | Caracas Edit |
Medellin Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
78.00 $ (303,679.38 Col$) |
165.75 $ (645,340.92 Col$) |
+112.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
114.14 $ (444,383.64 Col$) |
142.91 $ (556,413.11 Col$) |
+25.2 % |
Salaries And Financing | Caracas Edit |
Medellin Edit | |
| Average Monthly Net Salary (After Tax) |
186.92 $ (727,770.18 Col$) |
420.66 $ (1,637,787.88 Col$) |
+125.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 23.33 | 14.55 | -37.6 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 42 | 121 |
Moving to Caracas? Explore:
Moving to Medellin? Explore:
Cities near Caracas: | Cost of Living in Baruta | 9.07 miles |
| Cost of Living in Los Teques | 21.81 miles |
| Cost of Living in Guatire | 38.36 miles |
| Cost of Living in Guarenas | 38.36 miles |
| Cost of Living in Maracay | 76.03 miles |
| Cost of Living in Valencia | 123.73 miles |
| Cost of Living in Acarigua | 227.18 miles |
| Cost of Living in Cabudare | 238.20 miles |
| Cost of Living in Barquisimeto | 239.29 miles |
Cities near Medellin: | Cost of Living in Manizales | 120.29 miles |
| Cost of Living in Armenia | 161.05 miles |