Approximate Cost of Living Medellín as of March 2021

According to NUMBEO

RestaurantsPriceRange
Meal, Inexpensive Restaurant15,000.00 Col$12,000.00-30,000.00
Meal for 2 People, Mid-range Restaurant, Three-course80,000.00 Col$55,000.00-135,000.00
McMeal at McDonalds (or Equivalent Combo Meal)18,000.00 Col$15,000.00-20,000.00
Domestic Beer (0.5 liter draught)4,500.00 Col$2,500.00-7,121.97
Imported Beer (0.33 liter bottle)8,000.00 Col$5,000.00-17,804.94
Cappuccino (regular)4,349.45 Col$2,000.00-8,000.00
Coke/Pepsi (0.33 liter bottle)2,830.33 Col$2,000.00-4,500.00
Water (0.33 liter bottle)2,435.79 Col$1,500.00-3,560.99
Markets
Milk (regular), (1 liter)2,337.80 Col$1,800.00-3,600.00
Loaf of Fresh White Bread (500g)3,170.12 Col$2,000.00-7,121.97
Rice (white), (1kg)3,615.50 Col$1,500.00-7,121.97
Eggs (regular) (12)5,303.36 Col$3,600.00-7,121.97
Local Cheese (1kg)9,932.72 Col$4,000.00-21,200.00
Chicken Fillets (1kg)15,059.16 Col$8,000.00-23,000.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)17,769.34 Col$10,682.96-30,000.00
Apples (1kg)7,426.88 Col$3,000.00-10,000.00
Banana (1kg)2,212.30 Col$1,150.00-4,000.00
Oranges (1kg)5,064.77 Col$1,800.00-10,000.00
Tomato (1kg)4,673.35 Col$1,780.49-7,600.00
Potato (1kg)3,624.64 Col$1,500.00-5,990.00
Onion (1kg)3,195.08 Col$2,000.00-4,000.00
Lettuce (1 head)2,522.71 Col$1,000.00-4,600.00
Water (1.5 liter bottle)2,930.59 Col$1,900.00-5,341.48
Bottle of Wine (Mid-Range)35,000.00 Col$20,000.00-45,000.00
Domestic Beer (0.5 liter bottle)3,803.54 Col$1,969.70-5,700.00
Imported Beer (0.33 liter bottle)6,978.66 Col$3,600.00-13,000.00
Cigarettes 20 Pack (Marlboro)8,250.00 Col$6,400.00-10,000.00
Transportation
One-way Ticket (Local Transport)2,400.00 Col$2,300.00-2,650.00
Monthly Pass (Regular Price)130,000.00 Col$96,000.00-170,000.00
Taxi Start (Normal Tariff)4,900.00 Col$3,560.99-6,500.00
Taxi 1km (Normal Tariff)3,560.99 Col$1,410.00-5,600.00
Taxi 1hour Waiting (Normal Tariff)25,000.00 Col$12,000.00-30,000.00
Gasoline (1 liter)2,552.96 Col$2,166.21-3,170.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)63,700,000.00 Col$40,000,000.00-83,490,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)73,440,061.22 Col$70,000,000.00-76,400,000.00
Utilities (Monthly) 
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment206,323.47 Col$150,000.00-326,923.08
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)156.82 Col$100.00-250.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)111,763.33 Col$80,000.00-178,049.37
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult75,224.17 Col$60,000.00-100,000.00
Tennis Court Rent (1 Hour on Weekend)37,555.56 Col$23,000.00-50,000.00
Cinema, International Release, 1 Seat14,500.00 Col$10,682.96-20,000.00
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child630,625.00 Col$380,000.00-1,100,000.00
International Primary School, Yearly for 1 Child14,461,538.46 Col$8,400,000.00-21,000,000.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)165,166.68 Col$71,219.75-230,000.00
1 Summer Dress in a Chain Store (Zara, H&M, …)95,050.82 Col$60,000.00-200,000.00
1 Pair of Nike Running Shoes (Mid-Range)269,159.94 Col$190,000.00-350,000.00
1 Pair of Men Leather Business Shoes238,409.78 Col$150,000.00-300,000.00
Rent Per Month 
Apartment (1 bedroom) in City Centre1,065,026.45 Col$700,000.00-2,128,716.17
Apartment (1 bedroom) Outside of Centre990,316.41 Col$600,000.00-1,600,000.00
Apartment (3 bedrooms) in City Centre1,656,089.06 Col$1,200,000.00-2,600,000.00
Apartment (3 bedrooms) Outside of Centre1,615,020.40 Col$1,100,000.00-3,000,000.00
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre3,909,407.69 Col$3,000,000.00-5,500,000.00
Price per Square Meter to Buy Apartment Outside of Centre4,555,518.82 Col$3,500,000.00-6,000,000.00
Salaries And Financing 
Average Monthly Net Salary (After Tax)1,266,875.95 Col$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate11.038.00-22.80