Approximate cost of living in Medellín Colombia as of January 1, 2020
Summary about cost of living in Medellin:
- There are about $ 3.281,24 Colombian pesos to a dollar as of December 31, 2019.
- NOTE: This rate can fluctuate
| Restaurants | ||
|---|---|---|
| Meal, Inexpensive Restaurant | 13,000.00 Col$ | 10,000.00 – 17,000.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60,000.00 Col$ | 50,000.00 – 80,000.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | 15,000.00 Col$ | 12,900.00 – 19,783.79 |
| Domestic Beer (0.5 liter draught) | 3,000.00 Col$ | 2,500.00 – 5,000.00 |
| Imported Beer (0.33 liter bottle) | 6,500.00 Col$ | 4,000.00 – 8,000.00 |
| Cappuccino (regular) | 3,633.91 Col$ | 2,500.00 – 5,000.00 |
| Coke/Pepsi (0.33 liter bottle) | 2,132.32 Col$ | 1,700.00 – 3,000.00 |
| Water (0.33 liter bottle) | 2,075.34 Col$ | 1,200.00 – 3,000.00 |
| Markets | ||
| Milk (regular), (1 liter) | 2,227.38 Col$ | 1,800.00 – 3,000.00 |
| Loaf of Fresh White Bread (500g) | 2,731.60 Col$ | 1,500.00 – 3,600.00 |
| Rice (white), (1kg) | 3,141.57 Col$ | 2,000.00 – 4,000.00 |
| Eggs (regular) (12) | 5,481.86 Col$ | 3,648.00 – 9,000.00 |
| Local Cheese (1kg) | 8,174.32 Col$ | 3,000.00 – 12,000.00 |
| Chicken Breasts (Boneless, Skinless), (1kg) | 12,047.74 Col$ | 8,000.00 – 16,000.00 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 13,804.67 Col$ | 10,000.00 – 25,000.00 |
| Apples (1kg) | 6,313.25 Col$ | 3,500.00 – 8,000.00 |
| Banana (1kg) | 2,323.81 Col$ | 1,500.00 – 4,000.00 |
| Oranges (1kg) | 4,401.03 Col$ | 2,000.00 – 7,500.00 |
| Tomato (1kg) | 3,037.50 Col$ | 2,000.00 – 4,409.25 |
| Potato (1kg) | 2,704.66 Col$ | 1,500.00 – 3,500.00 |
| Onion (1kg) | 2,902.16 Col$ | 1,900.00 – 4,000.00 |
| Lettuce (1 head) | 2,485.71 Col$ | 1,000.00 – 4,945.95 |
| Water (1.5 liter bottle) | 2,375.00 Col$ | 2,000.00 – 3,000.00 |
| Bottle of Wine (Mid-Range) | 36,000.00 Col$ | 22,000.00 – 39,000.00 |
| Domestic Beer (0.5 liter bottle) | 3,695.06 Col$ | 1,800.00 – 5,700.00 |
| Imported Beer (0.33 liter bottle) | 5,932.43 Col$ | 3,200.00 – 8,000.00 |
| Cigarettes 20 Pack (Marlboro) | 5,750.00 Col$ | 5,000.00 – 6,400.00 |
| Transportation | ||
| One-way Ticket (Local Transport) | 2,200.00 Col$ | 2,100.00 – 2,500.00 |
| Monthly Pass (Regular Price) | 95,652.17 Col$ | 60,000.00 – 120,000.00 |
| Taxi Start (Normal Tariff) | 3,700.00 Col$ | 3,500.00 – 5,500.00 |
| Taxi 1km (Normal Tariff) | 1,290.00 Col$ | 1,282.00 – 2,000.00 |
| Taxi 1hour Waiting (Normal Tariff) | 25,000.00 Col$ | 12,000.00 – 26,378.38 |
| Gasoline (1 liter) | 2,503.62 Col$ | 2,351.13 – 2,694.55 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 50,000,000.00 Col$ | 36,000,000.00 – 66,000,000.00 |
| Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) | 67,017,048.31 Col$ | 53,000,000.00 – 75,000,000.00 |
| Utilities (Monthly) | ||
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 189,830.34 Col$ | 129,355.53 – 280,000.00 |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 138.59 Col$ | 100.00 – 268.00 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 122,072.50 Col$ | 75,000.00 – 200,000.00 |
| Sports And Leisure | ||
| Fitness Club, Monthly Fee for 1 Adult | 72,540.17 Col$ | 60,000.00 – 90,000.00 |
| Tennis Court Rent (1 Hour on Weekend) | 24,000.00 Col$ | 15,000.00 – 35,000.00 |
| Cinema, International Release, 1 Seat | 12,000.00 Col$ | 10,000.00 – 15,000.00 |
| Childcare | ||
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 503,636.36 Col$ | 300,000.00 – 1,000,000.00 |
| International Primary School, Yearly for 1 Child | 11,660,901.00 Col$ | 7,200,000.00 – 18,000,000.00 |
| Clothing And Shoes | ||
| 1 Pair of Jeans (Levis 501 Or Similar) | 159,709.26 Col$ | 90,000.00 – 250,000.00 |
| 1 Summer Dress in a Chain Store (Zara, H&M, …) | 109,880.46 Col$ | 65,945.96 – 200,000.00 |
| 1 Pair of Nike Running Shoes (Mid-Range) | 246,153.85 Col$ | 197,837.87 – 300,000.00 |
| 1 Pair of Men Leather Business Shoes | 228,851.85 Col$ | 150,000.00 – 350,000.00 |
| Rent Per Month | ||
| Apartment (1 bedroom) in City Centre | 969,276.66 Col$ | 600,000.00 – 1,648,648.95 |
| Apartment (1 bedroom) Outside of Centre | 809,346.85 Col$ | 500,000.00 – 1,000,000.00 |
| Apartment (3 bedrooms) in City Centre | 1,632,792.80 Col$ | 1,200,000.00 – 2,500,000.00 |
| Apartment (3 bedrooms) Outside of Centre | 1,453,411.01 Col$ | 1,000,000.00 – 2,000,000.00 |
| Buy Apartment Price | ||
| Price per Square Meter to Buy Apartment in City Centre | 3,814,210.53 Col$ | 2,500,000.00 – 5,500,000.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | 3,710,000.00 Col$ | 2,000,000.00 – 5,000,000.00 |
| Salaries And Financing | ||
| Average Monthly Net Salary (After Tax) | 1,054,923.44 Col$ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.37 | 8.50 – 18.00 |
Prices in Medellin
These data are based on 1752 entries in the past 18 months from 206 different contributors
