Cost of Living in Medellin

Summary about cost of living in Medellin:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 12,000.00 Col$ 10,000.00-15,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 60,000.00 Col$ 50,000.00-70,000.00
McMeal at McDonalds (or Equivalent Combo Meal) 16,000.00 Col$ 12,000.00-23,000.00
Domestic Beer (1 pint draught) 3,000.00 Col$ 2,500.00-4,000.00
Imported Beer (11.2 oz small bottle) 5,000.00 Col$ 4,500.00-7,500.00
Cappuccino (regular) 3,882.35 Col$ 2,500.00-6,000.00
Coke/Pepsi (11.2 oz small bottle) 2,235.29 Col$ 1,800.00-3,000.00
Water (11.2 oz small bottle) 1,824.00 Col$ 1,500.00-2,500.00
Markets [ Edit ]
Milk (regular), (1 gallon) 8,548.72 Col$ 7,192.28-10,599.16
Loaf of Fresh White Bread (1 lb) 2,692.40 Col$ 1,814.37-3,628.74
Rice (white), (1 lb) 1,417.00 Col$ 725.75-2,041.17
Eggs (regular) (12) 4,414.71 Col$ 3,800.00-5,300.00
Local Cheese (1 lb) 3,688.04 Col$ 2,267.96-6,803.89
Chicken Breasts (Boneless, Skinless), (1 lb) 5,302.00 Col$ 3,628.74-6,803.89
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7,063.09 Col$ 4,082.34-11,339.82
Apples (1 lb) 2,536.79 Col$ 1,814.37-3,175.15
Banana (1 lb) 1,003.95 Col$ 889.04-1,360.78
Oranges (1 lb) 1,270.06 Col$ 680.39-2,267.96
Tomato (1 lb) 1,194.46 Col$ 907.19-1,814.37
Potato (1 lb) 1,294.48 Col$ 907.19-1,814.37
Onion (1 lb) 1,213.36 Col$ 907.19-2,267.96
Lettuce (1 head) 2,504.55 Col$ 1,000.00-3,500.00
Water (1.5 liter bottle) 3,166.67 Col$ 2,000.00-5,000.00
Bottle of Wine (Mid-Range) 30,000.00 Col$ 20,000.00-30,000.00
Domestic Beer (0.5 liter bottle) 2,564.29 Col$ 2,000.00-3,000.00
Imported Beer (11.2 oz small bottle) 5,083.33 Col$ 3,500.00-7,500.00
Pack of Cigarettes (Marlboro) 4,000.00 Col$ 3,500.00-5,000.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 2,000.00 Col$ 2,000.00-2,200.00
Monthly Pass (Regular Price) 60,000.00 Col$ 50,000.00-90,000.00
Taxi Start (Normal Tariff) 4,000.00 Col$ 3,000.00-5,000.00
Taxi 1 mile (Normal Tariff) 2,011.68 Col$ 1,712.34-3,218.69
Taxi 1hour Waiting (Normal Tariff) 22,000.00 Col$ 18,000.00-27,000.00
Gasoline (1 gallon) 8,546.01 Col$ 7,949.37-10,000.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 45,000,000.00 Col$ 36,000,000.00-60,000,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 65,636,363.64 Col$ 57,000,000.00-80,000,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 161,860.79 Col$ 100,000.00-300,000.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 239.23 Col$ 110.00-350.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 84,222.22 Col$ 50,000.00-120,000.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 92,000.00 Col$ 50,000.00-130,000.00
Tennis Court Rent (1 Hour on Weekend) 47,777.78 Col$ 30,000.00-70,000.00
Cinema, International Release, 1 Seat 12,000.00 Col$ 10,000.00-15,000.00
Childcare [ Edit ]
Preschool (or Kindergarten), Private, Monthly for 1 Child 365,000.00 Col$ 250,000.00-500,000.00
International Primary School, Yearly for 1 Child 14,850,000.00 Col$ 12,000,000.00-18,000,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 173,333.33 Col$ 90,000.00-260,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 102,333.33 Col$ 70,000.00-150,000.00
1 Pair of Nike Running Shoes (Mid-Range) 250,000.00 Col$ 160,000.00-325,000.00
1 Pair of Men Leather Business Shoes 244,642.86 Col$ 180,000.00-300,000.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 757,900.50 Col$ 500,000.00-1,150,000.00
Apartment (1 bedroom) Outside of Centre 756,388.89 Col$ 500,000.00-1,200,000.00
Apartment (3 bedrooms) in City Centre 1,310,625.00 Col$ 900,000.00-2,000,000.00
Apartment (3 bedrooms) Outside of Centre 1,321,111.11 Col$ 800,000.00-2,250,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 305,505.53 Col$ 167,224.08-418,060.20
Price per Square Feet to Buy Apartment Outside of Centre 307,422.05 Col$ 260,126.35-371,609.07
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 820,000.00 Col$
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 12.95 8.00-18.00

Prices in Medellin

These data are based on 1382 entries in the past 18 months from 137 different contributors.
Last update: December 2017
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12 Comments so far

#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 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
#Larry on Sep 27, 2014 :
can you live in Medellin Colombia for a thousand a month comfortable
#nicolas on Sep 16, 2014 :
medellin have a lot of problems:
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
#Stewart on Feb 25, 2014 :
Hey #Brooks, I lived in Pedgregal which is about a 30 minute bus ride from the center (and a world away from Pablado). My rent was just 150,000 COP which is about 80USD per month. My room was very basic but fine. I even had a TV and wifi although there wasn't hot water but that's common in Colombia. I shared with locals which was an amazing experience. All of the housemates were very friendly and welcoming despite my less than great Spanish. Four of my housemates were cooks in the Colombian military so the food was great!

Hey #bab, 550USD or well over a million pesos is totally a Pablado price. Outside of Pablado less than half that is the norm even if you are in an upper class neighborhood like Laureles where many Gringos choose to live (especially around the stadium and university). I agree with you re the $700 a month to live OK but you can certainly survive on less in Colombia and several other south american countries for that matter.
#Raymond on Dec 15, 2013 :
Hello, I have been to Medellin several times in the past year. If your funds and income are limited, you can live for cheap in Medellin. BUT , to live a nice almost lavish life style is a different story.
To live in Medellin vs anywhere in the US totally depends on your needs and habits.
Rental for a VERY nice 1 bedroom apartment with all the amenities ( pool , parking, doorman, gym) in the best area is going to cost you $1000 - $1500 a month. MINIMUM.
If you chose to buy instead of rent you will be surprised at the taxes and mantainence fees you will pay.
You will eat in the trendy restauraunts and you will see a little difference but not one that will make you stop and stare at the check.
You will likely hire a driver instead of a taxi. That will cost more.
Clothes will be just as expensive as in the US because you will likely shop in the upscale malls.
You will also spend a lot more money to have English TV or US satelite TV.
IF and that is a big IF ... you go to Medellin and live like a Colombian, you will definately save money. But if you go and maintain the same lifestyle you have in the US you will be surprised. YES, it will be cheaper but I doubt you will see a huge difference.
If you find the savings noteworthy or significant, then you were probably living above your means in the USA.
The last and final thing I have to say is this. If you don't bother to learn at least some basic Spanish, you will quickly find that a lot of unscupulous people will view you as nothing more than an open safe full of money.