Last update: Nov 2026

Cost of Living Comparison Between Beef Island and Medellin

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Cost of Living Index in Medellin
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Medellin Living Index

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Beef Island

🇻🇬 British Virgin Islands

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Meal at Budget Restaurant

$8.34 COP 27.0K

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.7K

Cappuccino

$3.13 COP 10.2K

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

$1.77 COP 5,728

Water (0.33 liter bottle)

$1.42 COP 4,620

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

Imported Beer (0.33 liter bottle)

$5.70 COP 18.5K

Milk (1 liter)

$1.53 COP 4,971

White Bread (500g)

$2.29 COP 7,431

Rice (white) (1kg)

$1.94 COP 6,308

Eggs

$3.07 COP 9,945

Local Cheese (1kg)

$9.99 COP 32.4K

Chicken Fillets (1kg)

$10.45 COP 33.9K

Beef Round Steak (1kg)

$13.96 COP 45.3K

Apples (1kg)

$4.05 COP 13.1K

Banana (1kg)

$1.53 COP 4,957

Oranges (1kg)

$2.10 COP 6,825

Tomato (1kg)

$2.29 COP 7,439

Potato (1kg)

$2.11 COP 6,841

Onion (1kg)

$1.71 COP 5,543

Lettuce (1 head)

$1.17 COP 3,795

Water (1.5 liter bottle)

$1.58 COP 5,125

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.7K

Wine (Bottle)

$14.04 COP 45.6K

Local Beer (0.5 liter bottle)

$1.76 COP 5,714

Imported Beer (0.33 liter bottle)

$2.71 COP 8,796

One-way Ticket (Public Transport)

$1.18 COP 3,826

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

Taxi Start (Normal Tariff)

$1.81 COP 5,860

Taxi (Normal Tariff) (1km)

$2.13 COP 6,906

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

Gasoline (1 liter)

$1.28 COP 4,136

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

$34.4K COP 111.7M

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

$34.1K COP 110.7M

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

$178 COP 576.4K

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

$13.89 COP 45.0K

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.7K

Gym Membership (Monthly)

$41.94 COP 136.0K

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

Cinema Ticket

$7.47 COP 24.2K

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

$790 COP 2.6M

International Primary School, 1 Child (Yearly)

$12.3K COP 39.9M

Jeans (Levis 501 Or Similar)

$86.3 COP 280.0K

Summer Dress (H&M, Zara, etc)

$59.3 COP 192.2K

Sport Shoes (Adidas, Nike)

$138 COP 448.7K

Men's Leather Business Shoes

$98.8 COP 320.5K

1-bedroom Apartment, City Center (Monthly)

$991 $991

$1,341 COP 4.3M

-26.08%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Beef Island: November 1, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Beef Island

–

Medellin

$667 39.4%

Groceries & Markets

Beef Island

–

Medellin

$307 18.2%

Monthly Utilities & Internet

Beef Island

–

Medellin

$222 13.1%

Eating Out

Beef Island

–

Medellin

$173 10.2%

Clothing & Footwear

Beef Island

–

Medellin

$172 10.2%

Getting Around

Beef Island

–

Medellin

$93 5.5%

Sport & Entertainment

Beef Island

–

Medellin

$57 3.4%

Cost Breakdown

A central one-bedroom costs $991 in Beef Island 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.

Good to know

🇻🇬 Beef Island

🇨🇴 Medellin

🕒 Local time

23:33 11:33 PM

22:33 10:33 PM

1 h behind Beef Island

🌤 Weather

👥 Population

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.894 EUR

10,000 COP = 3.08 USD

10,000 COP = 2.76 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 November 4, 2026: 1 EUR = 1.12 USD (1 USD = 0.894 EUR).

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,627 COP (10,000 COP = 2.76 EUR).

COP to USD in detail →

On the map

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Between locations

Beef Island Medellin 1,810 km ≈ 2 h 45 min nonstop flight

From you

Beef Island
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

Beef Island vs Medellin: Cost of Living - Frequently Asked Questions

Rent is clearly cheaper in Beef Island, especially for central apartments: a one-bedroom in the center costs $991 there versus $1,341 in Medellin.

Beef Island vs other spots: cost of living compared

Beef Island

🇻🇬 British Virgin Islands

🇻🇬 British Virgin Islands

🇻🇬 British Virgin Islands

$0.00

/mo nomad

Road Town

🇻🇬 British Virgin Islands

$2,593

/mo nomad

Beef Island

🇻🇬 British Virgin Islands

$0.00

/mo nomad

Tortola

🇻🇬 British Virgin Islands

$2,450

/mo nomad