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Cost of Living in Medellin
Summary about cost of living in Medellin:
- Four-person family monthly costs: 1,574.95$ (4,527,897.81Col$) without rent (using our estimator).
- A single person monthly costs: 450.73$ (1,295,824.22Col$) without rent.
- Cost of living rank 466th out of 542 cities in the world.
- Medellin has a cost of living index of 34.69.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 11,000.00 Col$ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60,000.00 Col$ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 15,000.00 Col$ | |
| Domestic Beer (1 pint draught) | 3,000.00 Col$ | |
| Imported Beer (11.2 oz small bottle) | 6,000.00 Col$ | |
| Cappuccino (regular) | 3,326.78 Col$ | |
| Coke/Pepsi (11.2 oz small bottle) | 2,193.33 Col$ | |
| Water (11.2 oz small bottle) | 1,900.00 Col$ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 8,883.10 Col$ | |
| Loaf of Fresh White Bread (1 lb) | 2,809.44 Col$ | |
| Rice (white), (1 lb) | 1,454.73 Col$ | |
| Eggs (regular) (12) | 4,866.67 Col$ | |
| Local Cheese (1 lb) | 4,142.06 Col$ | |
| Chicken Breasts (Boneless, Skinless), (1 lb) | 5,488.47 Col$ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7,106.29 Col$ | |
| Apples (1 lb) | 2,572.70 Col$ | |
| Banana (1 lb) | 1,106.07 Col$ | |
| Oranges (1 lb) | 1,190.68 Col$ | |
| Tomato (1 lb) | 1,214.62 Col$ | |
| Potato (1 lb) | 1,294.80 Col$ | |
| Onion (1 lb) | 1,265.02 Col$ | |
| Lettuce (1 head) | 2,705.00 Col$ | |
| Water (1.5 liter bottle) | 3,053.33 Col$ | |
| Bottle of Wine (Mid-Range) | 30,000.00 Col$ | |
| Domestic Beer (0.5 liter bottle) | 2,492.86 Col$ | |
| Imported Beer (11.2 oz small bottle) | 5,466.67 Col$ | |
| Cigarettes 20 Pack (Marlboro) | 4,500.00 Col$ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 2,100.00 Col$ | |
| Monthly Pass (Regular Price) | 86,956.52 Col$ | |
| Taxi Start (Normal Tariff) | 4,400.00 Col$ | |
| Taxi 1 mile (Normal Tariff) | 2,092.15 Col$ | |
| Taxi 1hour Waiting (Normal Tariff) | 24,000.00 Col$ | |
| Gasoline (1 gallon) | 8,879.98 Col$ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 46,500,000.00 Col$ | |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 66,846,153.85 Col$ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 185,913.39 Col$ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 194.60 Col$ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 117,291.67 Col$ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 86,034.48 Col$ | |
| Tennis Court Rent (1 Hour on Weekend) | 51,375.00 Col$ | |
| Cinema, International Release, 1 Seat | 13,500.00 Col$ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 470,010.05 Col$ | |
| International Primary School, Yearly for 1 Child | 12,614,268.57 Col$ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 180,781.13 Col$ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 100,000.00 Col$ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 236,620.06 Col$ | |
| 1 Pair of Men Leather Business Shoes | 225,600.00 Col$ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 910,833.00 Col$ | |
| Apartment (1 bedroom) Outside of Centre | 887,500.00 Col$ | |
| Apartment (3 bedrooms) in City Centre | 1,459,807.00 Col$ | |
| Apartment (3 bedrooms) Outside of Centre | 1,635,200.00 Col$ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 333,673.97 Col$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 325,704.42 Col$ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 988,818.50 Col$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.97 |
Prices in Medellin
These data are based on 1589 entries in the past 18 months from 170 different contributors.
Last update: May 2018
Last update: May 2018
Sources and References:
No sources and references provided yet.
No sources and references provided yet.
15 Comments so far
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.
the most cheap part is the north
the most spensive part is the south east and a bite in the occident (laureles)
the centre is poorness and ugly an isnt spencive buy here