Cost of Living Comparison Between Daejeon and Medellin Cost of Living Comparison Between Daejeon and Medellin

Monthly Cost of Living

A single person spends $1,305 per month in Daejeon vs $1,716 in Medellin, rent included.

A couple spends around $2,080 per month in Daejeon vs $2,527 in Medellin, rent included.

A family of three spends $2,854 per month in Daejeon vs $3,338 in Medellin, rent included.

Daejeon is about 24% cheaper than Medellin, driven mainly by Groceries & Markets.

Daejeon sits 5% below the global median, while Medellin is 25% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.36 ₩10.0K

$8.03 COP 25.3K

-8.34%

Three-Course Dinner for Two, Mid-Range

$36.30 ₩49.3K

$48.26 COP 152.0K

-24.78%

Fast Food Meal (McDonalds, etc)

$5.26 ₩7,151

$9.77 COP 30.8K

-46.16%

Cappuccino

$3.71 ₩5,044

$2.91 COP 9,167

27.49%

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

$1.18 ₩1,610

$1.94 COP 6,122

-39.18%

Water (0.33 liter bottle)

$0.62 ₩844

$1.52 COP 4,792

-59.21%

Local Beer (0.5 liter draught)

$3.38 ₩4,594

$3.09 COP 9,740

9.39%

Imported Beer (0.33 liter bottle)

$3.68 ₩4,996

$5.74 COP 18.1K

-35.89%

Milk (1 liter)

$2.04 ₩2,780

$1.36 COP 4,296

50.00%

White Bread (500g)

$2.60 ₩3,541

$2.39 COP 7,519

8.79%

Rice (white) (1kg)

$2.57 ₩3,500

$1.70 COP 5,356

51.18%

Eggs

$2.50 ₩3,401

$2.87 COP 9,038

-12.89%

Local Cheese (1kg)

$10.59 ₩14.4K

$9.94 COP 31.3K

6.54%

Chicken Fillets (1kg)

$8.05 ₩10.9K

$10.78 COP 34.0K

-25.32%

Beef Round Steak (1kg)

$20.11 ₩27.3K

$14.73 COP 46.4K

36.52%

Apples (1kg)

$10.88 ₩14.8K

$4.09 COP 12.9K

166.01%

Banana (1kg)

$5.29 ₩7,191

$1.57 COP 4,950

236.94%

Oranges (1kg)

$5.63 ₩7,660

$2.13 COP 6,695

164.32%

Tomato (1kg)

$5.72 ₩7,782

$2.21 COP 6,972

158.82%

Potato (1kg)

$4.96 ₩6,741

$2.05 COP 6,447

141.95%

Onion (1kg)

$2.64 ₩3,585

$1.50 COP 4,737

76.00%

Lettuce (1 head)

$1.60 ₩2,181

$1.19 COP 3,747

34.45%

Water (1.5 liter bottle)

$1.06 ₩1,441

$1.16 COP 3,647

-8.62%

Cigarettes 20 Pack (Marlboro, Camel)

$3.21 ₩4,370

$3.90 COP 12.3K

-17.69%

Wine (Bottle)

$18.39 ₩25.0K

$14.44 COP 45.5K

27.35%

Local Beer (0.5 liter bottle)

$2.49 ₩3,387

$1.58 COP 4,987

57.59%

Imported Beer (0.33 liter bottle)

$3.43 ₩4,668

$2.83 COP 8,905

21.20%

One-way Ticket (Public Transport)

$1.12 ₩1,526

$1.17 COP 3,679

-4.27%

Public Transport Monthly Pass (Regular Price)

$10.89 ₩14.8K

$77.7 COP 244.8K

-85.99%

Taxi Start (Normal Tariff)

$3.05 ₩4,152

$1.28 COP 4,045

138.28%

Taxi (Normal Tariff) (1km)

$0.71 ₩967

$2.09 COP 6,589

-66.03%

Taxi 1hour Waiting (Normal Tariff)

$16.40 ₩22.3K

$8.62 COP 27.1K

90.26%

Gasoline (1 liter)

$1.18 ₩1,605

$1.30 COP 4,088

-9.23%

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

$27.2K ₩36.9M

$27.7K COP 87.1M

-1.77%

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

$22.6K ₩30.7M

$35.5K COP 111.8M

-36.35%

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

$171 ₩232.6K

$176 COP 554.5K

-2.82%

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

$42.06 ₩57.2K

$13.37 COP 42.1K

214.58%

Internet (50+ Mbps, Unlimited Data)

$22.21 ₩30.2K

$29.89 COP 94.1K

-25.69%

Gym Membership (Monthly)

$32.29 ₩43.9K

$44.76 COP 141.0K

-27.86%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.7K

Cinema Ticket

$11.05 ₩15.0K

$6.20 COP 19.5K

78.23%

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

$295 ₩401.6K

$793 COP 2.5M

-62.76%

International Primary School, 1 Child (Yearly)

$21.5K ₩29.3M

$9,019 COP 28.4M

138.86%

Jeans (Levis 501 Or Similar)

$61.9 ₩84.2K

$85.6 COP 269.6K

-27.67%

Summer Dress (H&M, Zara, etc)

$40.43 ₩55.0K

$58.5 COP 184.1K

-30.85%

Sport Shoes (Adidas, Nike)

$92.2 ₩125.3K

$136 COP 429.3K

-32.39%

Men's Leather Business Shoes

$105 ₩142.1K

$103 COP 324.7K

1.39%

1-bedroom Apartment, City Center (Monthly)

$362 ₩491.4K

$1,060 COP 3.3M

-65.88%

1-bedroom Apartment, Outside City Center (Monthly)

$296 ₩402.1K

$680 COP 2.1M

-56.48%

3-bedroom Apartment, City Center (Monthly)

$1,039 ₩1.4M

$2,012 COP 6.3M

-48.35%

3-bedroom Apartment, Outside City Center (Monthly)

$592 ₩804.9K

$1,169 COP 3.7M

-49.33%

Buy Apartment in City Center (m2)

$5,372 ₩7.3M

$4,111 COP 12.9M

30.66%

Buy Apartment Outside City Center (m2)

$4,408 ₩6.0M

$1,701 COP 5.4M

159.06%

Average Monthly Net Salary (After Tax)

$2,339 ₩3.2M

$665 COP 2.1M

251.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.65

10.94

-66.64%

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

Last update for Daejeon: August 30, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $362 in Daejeon versus $1,060 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 252% higher in Daejeon, 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 $36.00 in Daejeon versus $48.00 in Medellin. Groceries tell a different story – $432 in Daejeon vs $303 in Medellin – so Medellin 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

Daejeon vs Medellin: Cost of Living - Frequently Asked Questions

Medellin costs about 32% more than Daejeon, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,957 per month in Daejeon and $2,574 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Daejeon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,305 in Daejeon and $1,716 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 614% less in Daejeon. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,000 monthly budget goes further in Daejeon, where all-in costs run around $1,305, than in Medellin at $1,716. In Daejeon it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Daejeon costs $1,305 versus $1,716 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Daejeon. 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.