Last update: Oct 2026

Cost of Living Comparison Between Anchorage, AK and Medellin

For one person, living is cheaper in Medellin: $1,614 a month against $3,290 in Anchorage, AK, rent and utilities included – about $20,100 less a year. Rent and utilities account for most of the difference.

159

Cost of Living Index in Anchorage, AK
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Anchorage, AK Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Anchorage, AK

🇺🇸 United States

$3,290

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Anchorage, AK 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 Anchorage, AK and in Medellin actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,290 in Anchorage, AK versus $1,614 in Medellin.

Anchorage, AK $3,290
Medellin $1,614

Estimated couple costs with rent: $4,848 in Anchorage, AK versus $2,402 in Medellin.

Anchorage, AK $4,848
Medellin $2,402

Monthly costs for a family of three with rent: $6,406 in Anchorage, AK versus $3,190 in Medellin.

Anchorage, AK $6,406
Medellin $3,190

Living in Anchorage, AK is roughly 104% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Anchorage, AK 144% above, Medellin 20% above.

Meal at Budget Restaurant

$24.72 $24.72

$7.93 COP 25.2K

211.73%

Three-Course Dinner for Two, Mid-Range

$99.5 $99.5

$46.13 COP 146.3K

115.59%

Fast Food Meal (McDonalds, etc)

$15.08 $15.08

$9.50 COP 30.1K

58.74%

Cappuccino

$6.74 $6.74

$3.11 COP 9,866

116.72%

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

$3.24 $3.24

$1.83 COP 5,800

77.05%

Water (0.33 liter bottle)

$2.52 $2.52

$1.38 COP 4,360

82.61%

Local Beer (0.5 liter draught)

$8.17 $8.17

$3.05 COP 9,672

167.87%

Imported Beer (0.33 liter bottle)

$9.93 $9.93

$5.50 COP 17.4K

80.55%

Milk (1 liter)

$1.19 $1.19

$1.45 COP 4,600

-17.93%

White Bread (500g)

$4.80 $4.80

$2.36 COP 7,496

103.39%

Rice (white) (1kg)

$6.06 $6.06

$1.68 COP 5,328

260.71%

Eggs

$4.25 $4.25

$2.86 COP 9,077

48.60%

Local Cheese (1kg)

$13.72 $13.72

$10.19 COP 32.3K

34.64%

Chicken Fillets (1kg)

$12.79 $12.79

$9.53 COP 30.2K

34.21%

Beef Round Steak (1kg)

$21.40 $21.40

$14.04 COP 44.5K

52.42%

Apples (1kg)

$8.16 $8.16

$4.07 COP 12.9K

100.49%

Banana (1kg)

$2.27 $2.27

$1.50 COP 4,742

51.33%

Oranges (1kg)

$5.60 $5.60

$2.17 COP 6,891

158.06%

Tomato (1kg)

$6.11 $6.11

$2.31 COP 7,310

164.50%

Potato (1kg)

$2.98 $2.98

$1.93 COP 6,113

54.40%

Onion (1kg)

$3.16 $3.16

$1.64 COP 5,196

92.68%

Lettuce (1 head)

$2.76 $2.76

$1.13 COP 3,571

144.25%

Water (1.5 liter bottle)

$2.34 $2.34

$1.25 COP 3,954

87.20%

Cigarettes 20 Pack (Marlboro, Camel)

$12.67 $12.67

$3.99 COP 12.6K

217.54%

Wine (Bottle)

$17.76 $17.76

$13.35 COP 42.3K

33.03%

Local Beer (0.5 liter bottle)

$1.71 $1.71

$1.70 COP 5,384

0.59%

Imported Beer (0.33 liter bottle)

$3.51 $3.51

$2.37 COP 7,525

48.10%

One-way Ticket (Public Transport)

$2.06 $2.06

$1.21 COP 3,827

70.25%

Public Transport Monthly Pass (Regular Price)

$60.2 $60.2

$76.5 COP 242.5K

-21.35%

Taxi Start (Normal Tariff)

$2.71 $2.71

$1.32 COP 4,179

105.30%

Taxi (Normal Tariff) (1km)

$1.88 $1.88

$2.14 COP 6,774

-12.15%

Taxi 1hour Waiting (Normal Tariff)

$41.68 $41.68

$8.47 COP 26.8K

392.09%

Gasoline (1 liter)

$1.25 $1.25

$1.30 COP 4,114

-3.85%

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

$33.3K $33.3K

$28.0K COP 88.7M

19.10%

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

$26.0K $26.0K

$35.4K COP 112.3M

-26.55%

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

$413 $413

$172 COP 545.6K

140.25%

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

$90.3 $90.3

$13.37 COP 42.4K

575.17%

Internet (50+ Mbps, Unlimited Data)

$139 $139

$28.73 COP 91.1K

384.93%

Gym Membership (Monthly)

$91.5 $91.5

$45.24 COP 143.5K

102.14%

Tennis Court (1 Hour on Weekend)

$40.74 $40.74

$17.04 COP 54.0K

139.08%

Cinema Ticket

$14.89 $14.89

$6.28 COP 19.9K

137.10%

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

$1,238 $1,238

$770 COP 2.4M

60.68%

International Primary School, 1 Child (Yearly)

$10.5K $10.5K

$9,011 COP 28.6M

16.73%

Jeans (Levis 501 Or Similar)

$48.09 $48.09

$86.4 COP 274.0K

-44.35%

Summer Dress (H&M, Zara, etc)

$45.27 $45.27

$57.1 COP 181.1K

-20.76%

Sport Shoes (Adidas, Nike)

$113 $113

$137 COP 432.9K

-17.15%

Men's Leather Business Shoes

$120 $120

$97.9 COP 310.4K

22.31%

1-bedroom Apartment, City Center (Monthly)

$1,778 $1,778

$1,055 COP 3.3M

68.55%

1-bedroom Apartment, Outside City Center (Monthly)

$1,408 $1,408

$616 COP 2.0M

128.57%

3-bedroom Apartment, City Center (Monthly)

$2,834 $2,834

$1,892 COP 6.0M

49.77%

3-bedroom Apartment, Outside City Center (Monthly)

$2,467 $2,467

$1,023 COP 3.2M

141.15%

Buy Apartment in City Center (m2)

$3,985 $3,985

$4,059 COP 12.9M

-1.82%

Buy Apartment Outside City Center (m2)

$2,794 $2,794

$1,678 COP 5.3M

66.46%

Average Monthly Net Salary (After Tax)

$4,734 $4,734

$652 COP 2.1M

625.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

10.94

-40.68%

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

Last update for Anchorage, AK: October 11, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Anchorage, AK

$1.4K 42.8%

Medellin

$616 38.2% 56.3% $792

Monthly Utilities & Internet

Anchorage, AK

$643 19.6%

Medellin

$214 13.3% 66.7% $429

Groceries & Markets

Anchorage, AK

$483 14.7%

Medellin

$295 18.3% 39% $189

Eating Out

Anchorage, AK

$408 12.4%

Medellin

$168 10.4% 58.7% $239

Clothing & Footwear

Anchorage, AK

$147 4.5%

Medellin

$170 10.5% 15.9% $23

Sport & Entertainment

Anchorage, AK

$121 3.7%

Medellin

$58 3.6% 52.3% $63

Getting Around

Anchorage, AK

$81 2.5%

Medellin

$93 5.8% 15.9% $13

Cost Breakdown

A one-bedroom apartment in the center runs $1,778 in Anchorage, AK and $1,055 in Medellin. Housing cost is often the main lever when comparing two cities.

Anchorage, AK pays 626% 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: $99.0 in Anchorage, AK vs $46.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $483 vs $295 per month, with Medellin cheaper across the board.

Good to know

🇺🇸 Anchorage, AK

🇨🇴 Medellin

🕒 Local time

07:15 7:15 AM

10:15 10:15 AM

3 h ahead of Anchorage, AK

🌤 Weather

👥 Population

289,600

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 18, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

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Anchorage, AK Medellin 8,550 km ≈ 11 h nonstop flight

From you

Anchorage, AK
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

Anchorage, AK vs Medellin: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 104% lower than in Anchorage, AK. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

Average pay runs 626% higher in Anchorage, AK, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,778 in Anchorage, AK versus $1,055 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Medellin – a meal for two runs $46.00 versus $99.0 in Anchorage, AK. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $3,290 per month in Anchorage, AK versus $1,614 in Medellin – a 104% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,614 in Medellin versus $3,290 in Anchorage, AK, a $2,500 budget is realistic in Medellin but tight or insufficient in Anchorage, AK. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,614 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 104% less than in Anchorage, AK. Beyond cost, consider language, visa policies, and how big the international community is in each city.