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Cost of Living in Medellin

Summary about cost of living in Medellin:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 10,000.00 Col$ 9,500.00-16,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 60,000.00 Col$ 40,000.00-85,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 15,502.57 Col$ 12,500.00-20,000.00
Domestic Beer (1 pint draught) 3,000.00 Col$ 2,500.00-5,000.00
Imported Beer (11.2 oz small bottle) 6,000.00 Col$ 3,500.00-8,000.00
Cappuccino (regular) 3,240.03 Col$ 2,500.00-4,500.00
Coke/Pepsi (11.2 oz small bottle) 2,157.89 Col$ 1,500.00-3,000.00
Water (11.2 oz small bottle) 1,965.00 Col$ 1,200.00-2,500.00
Markets [ Edit ]
Milk (regular), (1 gallon) 8,530.43 Col$ 6,813.74-11,356.24
Loaf of Fresh White Bread (1 lb) 2,931.51 Col$ 1,814.37-4,082.34
Rice (white), (1 lb) 1,404.84 Col$ 907.19-1,814.37
Eggs (regular) (12) 4,888.82 Col$ 3,800.00-7,600.00
Local Cheese (1 lb) 3,753.75 Col$ 1,814.37-5,896.71
Chicken Breasts (Boneless, Skinless), (1 lb) 5,639.37 Col$ 3,628.74-7,688.40
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7,110.37 Col$ 4,535.93-9,071.86
Apples (1 lb) 2,554.83 Col$ 1,814.37-3,628.74
Banana (1 lb) 1,136.08 Col$ 680.39-1,814.37
Oranges (1 lb) 1,401.10 Col$ 907.19-2,267.96
Tomato (1 lb) 1,171.09 Col$ 680.39-1,814.37
Potato (1 lb) 1,270.06 Col$ 816.47-1,814.37
Onion (1 lb) 1,175.22 Col$ 907.19-1,814.37
Lettuce (1 head) 2,495.45 Col$ 1,200.00-4,000.00
Water (1.5 liter bottle) 2,953.33 Col$ 2,000.00-4,500.00
Bottle of Wine (Mid-Range) 30,000.00 Col$ 18,000.00-34,000.00
Domestic Beer (0.5 liter bottle) 2,550.00 Col$ 1,800.00-3,600.00
Imported Beer (11.2 oz small bottle) 5,384.62 Col$ 4,000.00-7,800.00
Cigarettes 20 Pack (Marlboro) 5,000.00 Col$ 3,400.00-6,200.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 2,150.00 Col$ 2,100.00-2,300.00
Monthly Pass (Regular Price) 95,652.17 Col$ 70,000.00-139,130.43
Taxi Start (Normal Tariff) 5,000.00 Col$ 3,200.00-5,500.00
Taxi 1 mile (Normal Tariff) 2,063.26 Col$ 1,609.34-3,107.64
Taxi 1hour Waiting (Normal Tariff) 20,000.00 Col$ 12,000.00-25,200.00
Gasoline (1 gallon) 9,085.98 Col$ 8,500.00-10,000.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 50,000,000.00 Col$ 37,000,000.00-67,000,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 66,930,000.00 Col$ 60,000,000.00-75,000,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 184,705.14 Col$ 127,500.00-280,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 158.20 Col$ 100.00-310.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 116,937.50 Col$ 70,000.00-200,000.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 80,714.29 Col$ 55,000.00-150,000.00
Tennis Court Rent (1 Hour on Weekend) 36,909.09 Col$ 15,000.00-80,000.00
Cinema, International Release, 1 Seat 12,750.00 Col$ 10,000.00-15,000.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 469,333.33 Col$ 269,744.67-1,000,000.00
International Primary School, Yearly for 1 Child 13,144,123.22 Col$ 7,200,000.00-18,000,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 170,983.86 Col$ 100,000.00-250,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 108,616.17 Col$ 70,000.00-200,000.00
1 Pair of Nike Running Shoes (Mid-Range) 233,971.48 Col$ 180,000.00-300,000.00
1 Pair of Men Leather Business Shoes 228,000.00 Col$ 150,000.00-300,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 933,440.71 Col$ 600,000.00-1,670,000.00
Apartment (1 bedroom) Outside of Centre 824,000.00 Col$ 500,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre 1,443,206.16 Col$ 1,000,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,530,714.29 Col$ 900,000.00-2,600,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 336,907.34 Col$ 232,255.67-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 308,125.85 Col$ 185,804.53-418,060.20
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 969,721.05 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.66 10.00-18.00

Prices in Medellin

These data are based on 1883 entries in the past 18 months from 186 different contributors.
Last update: October 2018
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13 Comments so far

#Anonymous on Apr 30, 2018 :
I'm currently going thru due diligence stage prior to locating in Medellin in 1 year. I would appreciate any current feedback on lifestyle, cost of living and healthcare as I am diabetic. Medicare and healthcare with meds in the U.S. has gotten ridiculous!
#Paul on Mar 08, 2018 :
I planning to move to Medellin in October,2018.i have a Colombian national who will share rents and household costs. This person is well situated and connected. I am looking for current information on renting a 3 bedroom 3 bathroom furnished apartment hopefully in a very good area on.the outskirts of Medellin. We are currently doing our own.indivdual.research.any help is greatly appreciated.thank.you
#Robert Gillies on Dec 30, 2017 :
I am presently in Medellin and have been here 6 times. The items you choose to make comparisons are a bit crazy. Why would you for example be concerned about the price of Levis in Medellin when they manufacture their own blue jeans and are available for as low as $5? It is invalid to compare the price of a dozen eggs when they cost half as much per dozen when you buy a tray of 30 eggs. Rents vary tremendously. I am renting short term rental a furnished 2 bedroom apartment for $750 a month in Laureles. That includes electricity, internet, etc. Of course if you are staying for a long time you can save money by renting an unfinished apartment. About half I would imagine but you would have to buy furniture. The place I am renting even has a small automatic washing machine with a clothes rack above it to dry your clothes. Very handy. The supermarkets have specials. I bought a 6 pk of Tecate beer imported from Mexico for $2.50 in Exito for example. I have been living in Panama for the past 17 years and I can say for certain that Colombia is cheaper than Panama on most but not all items. Taxis, groceries and restaurants are definitely cheaper. The culture is better in Colombia. People are more educated. Being fluent in Spanish really helps a lot in Colombia.
#Administrator on Dec 22, 2017 :
Rental prices are updated now from other sources available.
#Dave on Dec 21, 2017 :
I agree with William that the rent prices are way off. Here's a link to the most accurate rental prices I could find: https://medellinguru.com/apartment-rental-costs-medellin.
#William Beilstein on Aug 03, 2016 :
The rent is way off. If you want to live like a low middle class colombian in a so so part of town then 300 dollars per month but i am sure you dont want that. For a westerner a two bedroom apartment in a middle class hood for 600 - 800 dollars but if you want the nice part of town in Poblado it will be at least 1000 dollars. And is AIRBNB then 1300 dollars and up. Been going there for 12 years so i know a little bit about Medellin. 600 - 1200 dollars per month should work.
#Paulina on Mar 31, 2016 :
Hey Ian, someone who lives in the Santo Domingo area probably earns not above 800 thousand Colombian pesos, that is at march 2016 rate about 250 US dolars a month
#Mark on Mar 16, 2016 :
Christopher and Raymond are both right. Raymond's comment was made in 2013, when the exchange rate was much less favorable. Since then, it has gone from about 1800 to 3200. Christopher's assessment of Poblado prices are correct in 2016. One bedroom furnished in Poblado for less than $600 US is very doable.
#ian on Feb 20, 2016 :
hey guys, i am returning to medellin next month. Last time i met a couple great kid(20ish) who took us around and showed us a really good time in the lower strata neighborhoods, also kept us safe in the south during some fantastic National games. Just wondering if anyone knows the approximate "income" of someone living in the Santo Domingo area. I know they are poor but just want it put in context. Hoping to bring them a gift this time and it will help in determining what might be appropriate
#Christopher on Jan 23, 2016 :
i'm gonna go ahead and disagree with Raymond. you can live in a high end neighbor hood for a very low price i paid 550USD a month to rent a one bedroom 1 bath that was furnished in El Poblado.it included wifi and cable and a land line. my building did not have a pool. and was a 10 min walk to parque llears with is the happening area with bars restaurants and clubs. i was only about 4 min walk to el carulla las palmas which has a ton of great restaurants in the plaza and it was where i ate most every day. really the best area of the city. there are however much nicer modern buildings with much higher price tags. in general the prices to own or rent are much lesser then anywhere in the USA and western Europe. and adminastartion fees are very inexpensive in comparison to the USA. also you don't really need air conditioning in Medellin because of the year round sping like weather so you dont incur large electricity bills. also on dining out for a steak dinner better then say the outback in the USA that would cost 30 dollars you will probably pay 12-18 dollars. they have a chain called pizza double that makes a higher quality pizza then say a papa johns or dominos more like pizza express in the UK and the deliver if you order off their cell phone app 2 medium pizzas with 1 topping for like 6 dollars 19900 cop. this is quality too not compareable to like crap little ceasers or something and delivery included although i usually tip the delivery man 2000 pesos like 60 cents. the only things that are not cheaper then the USA are name brand clothing and electronics. taxis to the airport in rionegro which is like a 35-40 min drinve are about 20$ usd. and short trips in a cab are like 4 dollars

if you want to live the high life best part of town and dinning out regularly i would say you need free and clear 1500 usd to 2000usd a month. if you don't mind not living in an exclusive area you can do it for much less. i have seen nice 2 and 3 bedroom places available for 200-300 usd a month but in areas i personally wouldn't enjoy living. however if the very simple things in life make you happy and you don't mid really noisy neighbors you can live well on like 600- 1000 usd in medellin but keep in mind its difficult to get a rental contract in medellin without having a cedula or nacional id of medellin also next to impossible to turn on utilities with out that. so with out a local friend or connection getting into a really low rent situation will be difficult but not impossible. the average colombian makes like 350 -450$usd working full time. so most are forced to live with family some of my friends live in small 3 bedroom apartments with 4 adults and 3 or 4 children.
i have been to many places in europe and all over north america also spent time in japan. there is no place that can match the quality of city living for the cost as medellin. most people are extremely polite and friendly. if ou like sports there is like 4 top league pro football/soccer teams in the area. they have many casinos if thats your thing endless amounts of restaurants , museums tons of events shows and concerts. plus year round perfect weather there is a huge park called parque arvi that you take the metro cable too and you are in wilderness heaven cost like 5 bucks to get there and in the park on the metro and includes an amazing ride up the mountain in the metro cable. there is not much golf most of the clubs are private you you have to pay annual fees to enjoy the greens. but it is available a few touristy places not from from the city. the main thing i would recommend if your planing on staying there more then just a sightseeing trip is that you know how to communicate in Spanish.
#Anonymous on Aug 08, 2015 :
can i live upper middleclass on 3500 a month single man?
#reese sarmiento on Apr 04, 2015 :
how strong is the US dollar in Columbia what can I buy for $1
#Anonymous on Nov 10, 2014 :
This first time ever I am going to colombia alone with backpack. Is it safe you think? I am brown, are they friendly to alone brown german or british? Thanks