Cost of Living Comparison Between Alcoy and Medellin Cost of Living Comparison Between Alcoy and Medellin

Monthly Cost of Living

A single person spends $1,626 per month in Alcoy vs $1,681 in Medellin, rent included.

A couple spends around $2,406 per month in Alcoy vs $2,445 in Medellin, rent included.

A family of three spends $3,185 per month in Alcoy vs $3,210 in Medellin, rent included.

Alcoy is about 3% cheaper than Medellin, driven mainly by Getting Around.

Both Alcoy and Medellin sit above the global median – Alcoy by 19%, Medellin by 23%.

Meal at Budget Restaurant

$10.28 €8.96

$8.02 COP 25.0K

28.18%

Three-Course Dinner for Two, Mid-Range

$58.5 €51.0

$47.87 COP 149.4K

22.29%

Fast Food Meal (McDonalds, etc)

$13.13 €11.45

$9.89 COP 30.8K

32.76%

Cappuccino

$1.89 €1.65

$3.13 COP 9,767

-39.62%

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

$1.78 €1.55

$1.91 COP 5,954

-6.81%

Water (0.33 liter bottle)

$1.31 €1.15

$1.51 COP 4,712

-13.25%

Local Beer (0.5 liter draught)

$3.39 €2.96

$3.12 COP 9,747

8.65%

Imported Beer (0.33 liter bottle)

$2.39 €2.08

$5.75 COP 17.9K

-58.43%

Milk (1 liter)

$1.09 €0.95

$1.44 COP 4,509

-24.31%

White Bread (500g)

$1.50 €1.30

$2.49 COP 7,759

-39.76%

Rice (white) (1kg)

$1.45 €1.27

$1.77 COP 5,535

-18.08%

Eggs

$3.31 €2.89

$2.96 COP 9,235

11.82%

Local Cheese (1kg)

$14.20 €12.38

$10.07 COP 31.4K

41.01%

Chicken Fillets (1kg)

$8.48 €7.39

$10.12 COP 31.6K

-16.21%

Beef Round Steak (1kg)

$16.34 €14.25

$14.30 COP 44.6K

14.27%

Apples (1kg)

$2.61 €2.27

$4.14 COP 12.9K

-36.96%

Banana (1kg)

$2.18 €1.90

$1.61 COP 5,019

35.40%

Oranges (1kg)

$2.13 €1.86

$2.25 COP 7,007

-5.33%

Tomato (1kg)

$2.58 €2.25

$2.25 COP 7,028

14.67%

Potato (1kg)

$1.94 €1.69

$2.04 COP 6,375

-4.90%

Onion (1kg)

$2.08 €1.82

$1.54 COP 4,790

35.06%

Lettuce (1 head)

$1.36 €1.19

$1.17 COP 3,651

16.24%

Water (1.5 liter bottle)

$0.59 €0.52

$1.31 COP 4,077

-54.96%

Cigarettes 20 Pack (Marlboro, Camel)

$6.53 €5.69

$3.90 COP 12.2K

67.44%

Wine (Bottle)

$5.72 €4.99

$14.01 COP 43.7K

-59.17%

Local Beer (0.5 liter bottle)

$1.28 €1.11

$1.74 COP 5,439

-26.44%

Imported Beer (0.33 liter bottle)

$1.39 €1.21

$2.87 COP 8,956

-51.57%

One-way Ticket (Public Transport)

$1.72 €1.50

$1.22 COP 3,792

40.98%

Public Transport Monthly Pass (Regular Price)

$34.92 €30.44

$80.5 COP 251.1K

-56.61%

Taxi Start (Normal Tariff)

$4.02 €3.50

$1.31 COP 4,084

206.87%

Taxi (Normal Tariff) (1km)

$1.38 €1.20

$2.19 COP 6,825

-36.99%

Taxi 1hour Waiting (Normal Tariff)

$24.54 €21.39

$8.71 COP 27.2K

181.75%

Gasoline (1 liter)

$1.73 €1.51

$1.37 COP 4,260

26.28%

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

$36.4K €31.7K

$27.8K COP 86.9M

30.72%

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

$30.3K €26.4K

$35.8K COP 111.6M

-15.31%

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

$157 €137

$177 COP 553.2K

-11.65%

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

$18.55 €16.17

$13.88 COP 43.3K

33.65%

Internet (50+ Mbps, Unlimited Data)

$30.99 €27.02

$29.72 COP 92.8K

4.27%

Gym Membership (Monthly)

$46.03 €40.12

$44.88 COP 140.1K

2.56%

Tennis Court (1 Hour on Weekend)

$16.86 €14.70

$17.12 COP 53.4K

-1.52%

Cinema Ticket

$9.92 €8.65

$6.65 COP 20.7K

49.17%

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

$499 €435

$813 COP 2.5M

-38.68%

International Primary School, 1 Child (Yearly)

$8,813 €7,682

$9,187 COP 28.7M

-4.07%

Jeans (Levis 501 Or Similar)

$88.3 €77.0

$89.5 COP 279.3K

-1.32%

Summer Dress (H&M, Zara, etc)

$37.14 €32.38

$59.0 COP 184.0K

-37.02%

Sport Shoes (Adidas, Nike)

$91.8 €80.0

$138 COP 431.2K

-33.57%

Men's Leather Business Shoes

$112 €97.8

$102 COP 318.7K

9.82%

1-bedroom Apartment, City Center (Monthly)

$943 €822

$1,062 COP 3.3M

-11.21%

1-bedroom Apartment, Outside City Center (Monthly)

$697 €608

$663 COP 2.1M

5.18%

3-bedroom Apartment, City Center (Monthly)

$1,408 €1,228

$1,888 COP 5.9M

-25.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,056 €921

$1,027 COP 3.2M

2.85%

Buy Apartment in City Center (m2)

$3,401 €2,965

$4,183 COP 13.1M

-18.69%

Buy Apartment Outside City Center (m2)

$2,331 €2,032

$1,675 COP 5.2M

39.17%

Average Monthly Net Salary (After Tax)

$1,967 €1,714

$678 COP 2.1M

190.18%

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: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $943 in Alcoy versus $1,062 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 run about 190% higher in Alcoy, 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 $59.0 in Alcoy versus $48.00 in Medellin. Groceries tell a different story – $270 in Alcoy vs $305 in Medellin – so Alcoy wins on supermarket bills even if dining out costs more.

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: $1,626 in Alcoy, $1,681 in Medellin – roughly 3% apart. Medellin costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $2,440 per month in Alcoy and $2,521 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 13% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $59.0 in Alcoy and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $3,000 monthly budget goes further in Alcoy, where all-in costs run around $1,626, than in Medellin at $1,681. In Alcoy it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,626 in Alcoy to $1,681 in Medellin. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Alcoy. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.