Cost of Living Comparison Between Albay and Medellin Cost of Living Comparison Between Albay and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $772 in Albay versus $1,013 in Medellin.

Estimated couple costs with rent: $1,205 in Albay versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $1,638 in Albay versus $2,192 in Medellin.

Living in Albay costs roughly 24% less than in Medellin, driven mainly by Getting Around.

Both cities sit below the global median: Albay 42% lower, Medellin 24% lower.

Meal at Budget Restaurant

$3.49 ₱215

$5.99 COP 21.4K

-41.74%

Three-Course Dinner for Two, Mid-Range

$18.06 ₱1,113

$32.86 COP 117.4K

-45.04%

Fast Food Meal (McDonalds, etc)

$3.33 ₱205

$7.09 COP 25.3K

-53.03%

Cappuccino

$2.46 ₱152

$1.71 COP 6,115

43.86%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.77 ₱47.44

$1.10 COP 3,924

-30.00%

Water (0.33 liter bottle)

$0.39 ₱24.14

$0.78 COP 2,781

-50.00%

Local Beer (0.5 liter draught)

$1.35 ₱83.3

$1.68 COP 5,997

-19.64%

Imported Beer (0.33 liter bottle)

$2.09 ₱129

$3.07 COP 11.0K

-31.92%

Milk (1 liter)

$1.92 ₱119

$1.09 COP 3,906

76.15%

White Bread (500g)

$1.21 ₱74.5

$1.26 COP 4,508

-3.97%

Rice (white) (1kg)

$0.96 ₱59.1

$1.38 COP 4,922

-30.43%

Eggs

$2.06 ₱127

$2.19 COP 7,827

-5.94%

Local Cheese (1kg)

$7.99 ₱493

$4.40 COP 15.7K

81.59%

Chicken Fillets (1kg)

$4.15 ₱256

$5.63 COP 20.1K

-26.29%

Beef Round Steak (1kg)

$7.50 ₱462

$8.89 COP 31.8K

-15.64%

Apples (1kg)

$2.85 ₱176

$2.34 COP 8,349

21.79%

Banana (1kg)

$1.58 ₱97.7

$1.06 COP 3,777

49.06%

Oranges (1kg)

$2.69 ₱166

$1.50 COP 5,374

79.33%

Tomato (1kg)

$1.57 ₱96.6

$1.38 COP 4,924

13.77%

Potato (1kg)

$2.20 ₱135

$1.15 COP 4,111

91.30%

Onion (1kg)

$2.53 ₱156

$1.16 COP 4,155

118.10%

Lettuce (1 head)

$1.07 ₱65.7

$0.89 COP 3,182

20.22%

Water (1.5 liter bottle)

$0.72 ₱44.23

$0.84 COP 2,997

-14.29%

Cigarettes 20 Pack (Marlboro, Camel)

$2.78 ₱172

$2.28 COP 8,145

21.93%

Wine (Bottle)

$8.52 ₱526

$10.64 COP 38.0K

-19.92%

Local Beer (0.5 liter bottle)

$1.20 ₱73.9

$1.20 COP 4,284

Imported Beer (0.33 liter bottle)

$1.96 ₱121

$2.47 COP 8,824

-20.65%

One-way Ticket (Public Transport)

$0.28 ₱17.28

$0.86 COP 3,056

-67.44%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$0.81 ₱50.1

$1.47 COP 5,264

-44.90%

Taxi (Normal Tariff) (1km)

$0.24 ₱14.85

$1.96 COP 7,009

-87.76%

Taxi 1hour Waiting (Normal Tariff)

$2.18 ₱134

$7.74 COP 27.6K

-71.83%

Gasoline (1 liter)

$1.14 ₱70.0

$0.95 COP 3,409

20.00%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$26.5K ₱1.6M

$18.1K COP 64.7M

46.20%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.4K ₱1.3M

$26.5K COP 94.6M

-22.94%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$110 ₱6,806

$82.3 COP 293.7K

34.20%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$32.34 ₱1,994

$9.50 COP 33.9K

240.42%

Internet (50+ Mbps, Unlimited Data)

$27.56 ₱1,699

$24.23 COP 86.5K

13.74%

Gym Membership (Monthly)

$33.25 ₱2,050

$25.89 COP 92.4K

28.43%

Tennis Court (1 Hour on Weekend)

$4.51 ₱278

$19.00 COP 67.9K

-76.26%

Cinema Ticket

$5.87 ₱362

$3.93 COP 14.0K

49.36%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$152 ₱9,356

$309 COP 1.1M

-50.96%

International Primary School, 1 Child (Yearly)

$4,241 ₱261.5K

$5,965 COP 21.3M

-28.90%

Jeans (Levis 501 Or Similar)

$45.77 ₱2,822

$58.7 COP 209.5K

-21.97%

Summer Dress (H&M, Zara, etc)

$26.78 ₱1,651

$32.35 COP 115.5K

-17.22%

Sport Shoes (Adidas, Nike)

$75.8 ₱4,674

$103 COP 366.4K

-26.11%

Men's Leather Business Shoes

$53.3 ₱3,287

$108 COP 387.2K

-50.83%

1-bedroom Apartment, City Center (Monthly)

$268 ₱16.5K

$476 COP 1.7M

-43.76%

1-bedroom Apartment, Outside City Center (Monthly)

$177 ₱10.9K

$379 COP 1.4M

-53.24%

3-bedroom Apartment, City Center (Monthly)

$594 ₱36.6K

$838 COP 3.0M

-29.11%

3-bedroom Apartment, Outside City Center (Monthly)

$402 ₱24.8K

$724 COP 2.6M

-44.51%

Buy Apartment in City Center (m2)

$2,794 ₱172.3K

$2,791 COP 10.0M

0.13%

Buy Apartment Outside City Center (m2)

$889 ₱54.8K

$1,211 COP 4.3M

-26.63%

Average Monthly Net Salary (After Tax)

$163 ₱10.0K

$512 COP 1.8M

-68.20%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.67

13.43

-50.34%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Albay: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $268 in Albay and $476 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 214% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $18.00 in Albay vs $33.00 in Medellin. Groceries flip the comparison at $204 vs $188, with Medellin cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Albay vs Medellin: Cost of Living - Frequently Asked Questions

Albay and Medellin differ by about 31% in total monthly costs ($772 vs $1,013 including rent). Albay is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Medellin earns 214% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $268 in Albay versus $476 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $152 in Albay versus $309 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Albay – a meal for two runs $18.00 versus $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $772 in Albay versus $1,013 in Medellin, a $2,000 budget is realistic in Albay but tight or insufficient in Medellin. The gap between the two cities makes Albay the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Albay gentler on the wallet – expenses run 31% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.