Last update: Nov 2026

Cost of Living Comparison Between Alcoy and Medellin

For one person, living is cheaper in Alcoy: $1,580 a month against $1,692 in Medellin, rent and utilities included – about $1,300 less a year. Other living expenses account for most of the difference.

75

Cost of Living Index in Alcoy
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Alcoy Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Alcoy

🇪🇸 Spain

$1,580

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in Alcoy and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Alcoy and in Medellin actually costs, broken down by who's living it.

A single person spends $1,580 per month in Alcoy vs $1,692 in Medellin, rent included.

Alcoy $1,580
Medellin $1,692

A couple spends around $2,339 per month in Alcoy vs $2,471 in Medellin, rent included.

Alcoy $2,339
Medellin $2,471

A family of three spends $3,098 per month in Alcoy vs $3,249 in Medellin, rent included.

Alcoy $3,098
Medellin $3,249

Alcoy is about 7% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Alcoy and Medellin sit above the global median – Alcoy by 17%, Medellin by 25%.

Meal at Budget Restaurant

$10.18 €9.06

$8.34 COP 26.9K

22.06%

Three-Course Dinner for Two, Mid-Range

$56.1 €49.96

$46.53 COP 150.3K

20.59%

Fast Food Meal (McDonalds, etc)

$12.94 €11.52

$9.47 COP 30.6K

36.64%

Cappuccino

$1.77 €1.57

$3.13 COP 10.1K

-43.45%

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

$1.77 €1.58

$1.77 COP 5,705

Water (0.33 liter bottle)

$1.32 €1.18

$1.42 COP 4,601

-7.04%

Local Beer (0.5 liter draught)

$3.33 €2.97

$3.15 COP 10.2K

5.71%

Imported Beer (0.33 liter bottle)

$2.34 €2.08

$5.70 COP 18.4K

-58.95%

Milk (1 liter)

$1.04 €0.92

$1.53 COP 4,950

-32.03%

White Bread (500g)

$1.47 €1.31

$2.29 COP 7,401

-35.81%

Rice (white) (1kg)

$1.36 €1.21

$1.94 COP 6,282

-29.90%

Eggs

$3.17 €2.83

$3.07 COP 9,905

3.26%

Local Cheese (1kg)

$13.96 €12.43

$9.99 COP 32.3K

39.74%

Chicken Fillets (1kg)

$8.27 €7.37

$10.45 COP 33.7K

-20.86%

Beef Round Steak (1kg)

$15.55 €13.85

$13.96 COP 45.1K

11.39%

Apples (1kg)

$2.58 €2.30

$4.05 COP 13.1K

-36.30%

Banana (1kg)

$2.00 €1.78

$1.53 COP 4,937

30.72%

Oranges (1kg)

$2.09 €1.86

$2.10 COP 6,797

-0.48%

Tomato (1kg)

$2.61 €2.32

$2.29 COP 7,409

13.97%

Potato (1kg)

$1.77 €1.58

$2.11 COP 6,813

-16.11%

Onion (1kg)

$2.01 €1.79

$1.71 COP 5,521

17.54%

Lettuce (1 head)

$1.39 €1.23

$1.17 COP 3,780

18.80%

Water (1.5 liter bottle)

$0.53 €0.48

$1.58 COP 5,104

-66.46%

Cigarettes 20 Pack (Marlboro, Camel)

$6.10 €5.43

$3.91 COP 12.6K

56.01%

Wine (Bottle)

$5.71 €5.09

$14.04 COP 45.4K

-59.33%

Local Beer (0.5 liter bottle)

$1.17 €1.04

$1.76 COP 5,690

-33.52%

Imported Beer (0.33 liter bottle)

$1.39 €1.23

$2.71 COP 8,760

-48.71%

One-way Ticket (Public Transport)

$1.54 €1.38

$1.18 COP 3,811

30.51%

Public Transport Monthly Pass (Regular Price)

$27.54 €24.53

$76.3 COP 246.4K

-63.90%

Taxi Start (Normal Tariff)

$3.45 €3.07

$1.81 COP 5,836

90.61%

Taxi (Normal Tariff) (1km)

$1.40 €1.25

$2.13 COP 6,878

-34.27%

Taxi 1hour Waiting (Normal Tariff)

$27.20 €24.22

$8.13 COP 26.3K

234.56%

Gasoline (1 liter)

$1.77 €1.57

$1.28 COP 4,119

38.28%

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

$33.3K €29.7K

$34.4K COP 111.2M

-3.25%

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

$29.7K €26.4K

$34.1K COP 110.3M

-12.97%

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

$153 €136

$178 COP 574.1K

-14.15%

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

$17.87 €15.91

$13.89 COP 44.9K

28.65%

Internet (50+ Mbps, Unlimited Data)

$29.93 €26.65

$30.74 COP 99.3K

-2.64%

Gym Membership (Monthly)

$43.79 €38.99

$41.94 COP 135.5K

4.41%

Tennis Court (1 Hour on Weekend)

$15.50 €13.80

$16.80 COP 54.3K

-7.74%

Cinema Ticket

$9.15 €8.15

$7.47 COP 24.1K

22.49%

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

$530 €472

$790 COP 2.6M

-32.97%

International Primary School, 1 Child (Yearly)

$9,457 €8,421

$12.3K COP 39.7M

-23.09%

Jeans (Levis 501 Or Similar)

$86.9 €77.4

$86.3 COP 278.9K

0.69%

Summer Dress (H&M, Zara, etc)

$35.40 €31.52

$59.3 COP 191.4K

-40.26%

Sport Shoes (Adidas, Nike)

$91.0 €81.0

$138 COP 446.9K

-34.26%

Men's Leather Business Shoes

$112 €99.3

$98.8 COP 319.2K

12.91%

1-bedroom Apartment, City Center (Monthly)

$905 €806

$1,341 COP 4.3M

-32.48%

1-bedroom Apartment, Outside City Center (Monthly)

$691 €615

$667 COP 2.2M

3.59%

3-bedroom Apartment, City Center (Monthly)

$1,330 €1,184

$1,976 COP 6.4M

-32.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,076 €958

$1,033 COP 3.3M

4.17%

Buy Apartment in City Center (m2)

$3,419 €3,045

$4,098 COP 13.2M

-16.56%

Buy Apartment Outside City Center (m2)

$2,102 €1,872

$1,940 COP 6.3M

8.36%

Average Monthly Net Salary (After Tax)

$1,898 €1,690

$646 COP 2.1M

193.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.3

10.94

-69.84%

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

Last update for Alcoy: November 3, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Alcoy

$691 43.7%

Medellin

$667 39.4% 3.5% $24

Groceries & Markets

Alcoy

$261 16.5%

Medellin

$307 18.2% 17.9% $47

Monthly Utilities & Internet

Alcoy

$200 12.7%

Medellin

$222 13.1% 11% $22

Eating Out

Alcoy

$175 11.1%

Medellin

$173 10.2% 1.4% $2.5

Clothing & Footwear

Alcoy

$146 9.3%

Medellin

$172 10.2% 17.8% $26

Sport & Entertainment

Alcoy

$62 3.9%

Medellin

$57 3.4% 8.4% $5.2

Getting Around

Alcoy

$44 2.8%

Medellin

$93 5.5% 112% $49

Cost Breakdown

A central one-bedroom costs $905 in Alcoy versus $1,341 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Alcoy are about 2.9 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $56 in Alcoy versus $47 in Medellin. Groceries tell a different story – $261 in Alcoy vs $307 in Medellin – so Alcoy wins on supermarket bills even if dining out costs more.

Good to know

🇪🇸 Alcoy

🇨🇴 Medellin

🕒 Local time

10:08 10:08 AM

04:08 4:08 AM

6 h behind Alcoy

🌤 Weather

👥 Population

59,493

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,628 COP (10,000 COP = 2.76 EUR).

USD to EUR in detail →

On the map

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Between locations

Alcoy Medellin 8,280 km ≈ 11 h nonstop flight

From you

Alcoy
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Alcoy vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,580 in Alcoy, $1,692 in Medellin – Alcoy comes out roughly 7% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $2,370 per month in Alcoy and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Alcoy, especially for central apartments: a one-bedroom in the center costs $905 there versus $1,341 in Medellin.

Groceries cost about 18% more in Medellin, though the gap depends on what you buy.

A mid-range dinner for two costs $56 in Alcoy and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 covers both cities comfortably – all-in costs are $1,580 in Alcoy and $1,692 in Medellin, leaving budget for savings and extras in both cases.

Families tend to lean toward Alcoy – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.