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: $792 in Albay versus $1,031 in Medellin.

Estimated couple costs with rent: $1,227 in Albay versus $1,599 in Medellin.

Monthly costs for a family of three with rent: $1,662 in Albay versus $2,167 in Medellin.

Living in Albay costs roughly 23% less than in Medellin, driven mainly by Getting Around.

Both cities sit below the global median: Albay 41% lower, Medellin 23% lower.

Currency
🍽 Eating Out
Albay
Medellin
Difference
Meal at Budget Restaurant
$3.61 ₱222
$6.16 COP 20.0K
-41.40%
Three-Course Dinner for Two, Mid-Range
$17.94 ₱1,104
$32.60 COP 106.0K
-44.97%
Fast Food Meal (McDonalds, etc)
$3.34 ₱206
$7.34 COP 23.9K
-54.50%
Cappuccino
$2.44 ₱150
$1.72 COP 5,592
41.86%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.82 ₱50.5
$1.05 COP 3,416
-21.90%
Water (0.33 liter bottle)
$0.36 ₱22.26
$0.77 COP 2,511
-53.25%
Local Beer (0.5 liter draught)
$1.30 ₱79.7
$1.69 COP 5,480
-23.08%
Imported Beer (0.33 liter bottle)
$2.17 ₱133
$3.17 COP 10.3K
-31.55%
🛒 Groceries & Markets
Albay
Medellin
Difference
Milk (1 liter)
$1.86 ₱114
$1.05 COP 3,418
77.14%
White Bread (500g)
$1.27 ₱78.5
$1.30 COP 4,230
-2.31%
Rice (white) (1kg)
$0.94 ₱58.1
$1.40 COP 4,538
-32.86%
Eggs
$1.99 ₱123
$2.16 COP 7,037
-7.87%
Local Cheese (1kg)
$7.86 ₱484
$4.39 COP 14.3K
79.04%
Chicken Fillets (1kg)
$4.18 ₱257
$5.88 COP 19.1K
-28.91%
Beef Round Steak (1kg)
$7.70 ₱474
$8.64 COP 28.1K
-10.88%
Apples (1kg)
$2.93 ₱181
$2.28 COP 7,415
28.51%
Banana (1kg)
$1.52 ₱93.5
$1.11 COP 3,599
36.94%
Oranges (1kg)
$2.62 ₱161
$1.53 COP 4,976
71.24%
Tomato (1kg)
$1.53 ₱94.5
$1.35 COP 4,405
13.33%
Potato (1kg)
$2.19 ₱135
$1.13 COP 3,669
93.81%
Onion (1kg)
$2.58 ₱159
$1.13 COP 3,687
128.32%
Lettuce (1 head)
$1.07 ₱65.7
$0.85 COP 2,749
25.88%
Water (1.5 liter bottle)
$0.71 ₱44.01
$0.91 COP 2,971
-21.98%
Cigarettes 20 Pack (Marlboro, Camel)
$2.87 ₱177
$2.34 COP 7,619
22.65%
Wine (Bottle)
$9.26 ₱570
$12.37 COP 40.2K
-25.14%
Local Beer (0.5 liter bottle)
$1.17 ₱71.8
$1.20 COP 3,904
-2.50%
Imported Beer (0.33 liter bottle)
$1.98 ₱122
$2.49 COP 8,094
-20.48%
🚌 Getting Around
Albay
Medellin
Difference
One-way Ticket (Public Transport)
$0.28 ₱17.31
$0.84 COP 2,724
-66.67%
Public Transport Monthly Pass (Regular Price)
-
$40.57 COP 131.9K
-
Taxi Start (Normal Tariff)
$0.82 ₱50.8
$1.42 COP 4,617
-42.25%
Taxi (Normal Tariff) (1km)
$0.22 ₱13.51
$1.92 COP 6,227
-88.54%
Taxi 1hour Waiting (Normal Tariff)
$2.14 ₱132
$7.66 COP 24.9K
-72.06%
Gasoline (1 liter)
$1.11 ₱68.1
$0.99 COP 3,219
12.12%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.0K ₱1.7M
$18.0K COP 58.6M
49.61%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$20.3K ₱1.3M
$26.6K COP 86.6M
-23.61%
🧾 Monthly Utilities & Internet
Albay
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$114 ₱6,997
$80.8 COP 262.7K
40.64%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$32.47 ₱1,999
$9.95 COP 32.3K
226.33%
Internet (50+ Mbps, Unlimited Data)
$27.26 ₱1,678
$24.18 COP 78.6K
12.74%
🎉 Sport & Entertainment
Albay
Medellin
Difference
Gym Membership (Monthly)
$33.29 ₱2,050
$25.08 COP 81.5K
32.74%
Tennis Court (1 Hour on Weekend)
$4.50 ₱277
$19.15 COP 62.3K
-76.50%
Cinema Ticket
$5.96 ₱367
$3.98 COP 13.0K
49.75%
🧸 Childcare & Education
Albay
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$153 ₱9,437
$305 COP 992.2K
-49.77%
International Primary School, 1 Child (Yearly)
$4,338 ₱267.1K
$6,059 COP 19.7M
-28.39%
👕👟 Clothing & Footwear
Albay
Medellin
Difference
Jeans (Levis 501 Or Similar)
$45.01 ₱2,771
$58.1 COP 189.0K
-22.57%
Summer Dress (H&M, Zara, etc)
$26.31 ₱1,620
$32.20 COP 104.7K
-18.29%
Sport Shoes (Adidas, Nike)
$75.3 ₱4,637
$101 COP 327.5K
-25.24%
Men's Leather Business Shoes
$53.0 ₱3,262
$108 COP 350.3K
-50.83%
🏠 Accommodation & Living
Albay
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$263 ₱16.2K
$477 COP 1.5M
-44.72%
1-bedroom Apartment, Outside City Center (Monthly)
$178 ₱11.0K
$376 COP 1.2M
-52.65%
3-bedroom Apartment, City Center (Monthly)
$579 ₱35.6K
$845 COP 2.7M
-31.51%
3-bedroom Apartment, Outside City Center (Monthly)
$395 ₱24.3K
$730 COP 2.4M
-45.96%
Buy Apartment in City Center (m2)
$2,503 ₱154.1K
$3,215 COP 10.5M
-22.15%
Buy Apartment Outside City Center (m2)
$956 ₱58.8K
$1,372 COP 4.5M
-30.36%
💵 Salaries & Financials
Albay
Medellin
Difference
Average Monthly Net Salary (After Tax)
$164 ₱10.1K
$617 COP 2.0M
-73.40%
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: July 14, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $263 in Albay and $477 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 276% 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 $206 vs $193, 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
What is the total cost difference between living in Albay and in Medellin?
Albay and Medellin differ by about 30% in total monthly costs ($792 vs $1,031 including rent). Albay is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 276% lower in Medellin. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Albay and in Medellin?
Rent for a central apartment: $263 in Albay versus $477 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Albay and Medellin?
Childcare runs $153 in Albay versus $305 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper restaurants?
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.
Which city is more doable on $2,000 per month?
At $792 in Albay versus $1,031 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.
How does quality of life compare between Albay and Medellin?
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.
Where should expats move: Albay or Medellin?
Expats usually find Albay gentler on the wallet – expenses run 30% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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