Cost of living in Medellín, Colombia

Summary of cost of living in Medellín

  • Family of four estimated monthly costs: COL$8,650,463
  • Single person estimated monthly costs: COL$4,024,535
  • Medellín is the 2nd cheapest city in Latin America (29 out of 30)
  • Cost of living in Medellín is cheaper than in 93% of cities in the World (210 out of 227)
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List of prices in Medellín
Current as of May 2023.

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Food Update prices
Basic lunchtime menu (including a drink) in the business district COL$32,134
Combo meal in fast food restaurant (big mac meal or similar) COL$22,323
500 gr (1 lb.) of boneless chicken breast COL$12,286
1 liter (1 qt.) of whole fat milk COL$3,863
12 eggs, large COL$10,569
1 kg (2 lb.) of tomatoes COL$3,843
500 gr (16 oz.) of local cheese COL$13,588
1 kg (2 lb.) of apples COL$8,665
1 kg (2 lb.) of potatoes COL$4,664
0.5 l (16 oz) domestic beer in the supermarket COL$5,396
1 bottle of red table wine, good quality COL$44,972
2 liters of coca-cola COL$6,685
Bread for 2 people for 1 day COL$5,367
Housing Update prices
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area COL$3,322,480
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area COL$1,652,800
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat COL$296,098
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area COL$1,952,220
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area COL$1,150,370
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio COL$199,282
Internet 8 mbps (1 month) COL$85,672
40” flat screen tv COL$1,688,160
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) COL$774,932
Laundry detergent (3 l. ~ 100 oz.) COL$26,646
Hourly rate for cleaning help COL$13,016
Clothes Update prices
1 pair of jeans (levis 501 or similar) COL$194,451
1 summer dress in a high street store (zara, h&m or similar retailers) COL$104,922
1 pair of sport shoes (nike, adidas, or equivalent brands) COL$315,909
1 pair of men’s leather business shoes COL$258,907
Transportation Update prices
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new COL$65,836,800
1 liter (1/4 gallon) of gas COL$3,774
Monthly ticket public transport COL$131,646
Taxi trip on a business day, basic tariff, 8 km. (5 miles) COL$26,544
Personal Care Update prices
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) COL$20,231
1 box of antibiotics (12 doses) COL$35,044
Short visit to private doctor (15 minutes) COL$91,946
1 box of 32 tampons (tampax, ob, ...) COL$27,294
Deodorant, roll-on (50ml ~ 1.5 oz.) COL$15,340
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) COL$16,983
4 rolls of toilet paper COL$7,972
Tube of toothpaste COL$6,994
Standard men's haircut in expat area of the city COL$30,725
Entertainment Update prices
Basic dinner out for two in neighborhood pub COL$50,710
2 tickets to the movies COL$38,470
2 tickets to the theater (best available seats) COL$112,608
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert COL$112,873
1 cocktail drink in downtown club COL$28,904
Cappuccino in expat area of the city COL$10,322
1 beer in neighbourhood pub (500ml or 1pt.) COL$4,456
Ipad wi-fi 128gb COL$2,177,680
1 min. of prepaid mobile tariff (no discounts or plans) COL$218
1 month of gym membership in business district COL$149,538
1 package of marlboro cigarettes COL$22,434
These prices are based on abundant and consistent data. They are very reliable. They are based on 1,127 prices entered by 144 different people.
Latest price update: May 28, 2023

Medellín position in our World Ranking

the world
210th
out of 227
latin america
29th
out of 30

Cheapest and most expensive products in Medellín compared to other cities:

the world
2nd
the world
4th
the world
5th
latin america
1st
latin america
2nd
latin america
2nd

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International Cost of Living Index

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