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

Monthly Cost of Living

A single person spends $1,313 per month in Daejeon vs $1,031 in Medellin, rent included.

A couple spends around $2,057 per month in Daejeon vs $1,599 in Medellin, rent included.

A family of three spends $2,801 per month in Daejeon vs $2,167 in Medellin, rent included.

Daejeon costs about 27% more than Medellin, driven mainly by Groceries & Markets.

Both Daejeon and Medellin are more affordable than the global median – Daejeon 2% lower, Medellin 23% lower.

Meal at Budget Restaurant

$7.09 ₩10.6K

$6.16 COP 20.1K

15.10%

Three-Course Dinner for Two, Mid-Range

$36.72 ₩54.6K

$32.60 COP 106.1K

12.64%

Fast Food Meal (McDonalds, etc)

$5.34 ₩7,941

$7.34 COP 23.9K

-27.25%

Cappuccino

$3.60 ₩5,350

$1.72 COP 5,600

109.30%

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

$1.53 ₩2,277

$1.05 COP 3,420

45.71%

Water (0.33 liter bottle)

$0.83 ₩1,235

$0.77 COP 2,515

7.79%

Local Beer (0.5 liter draught)

$3.29 ₩4,899

$1.69 COP 5,488

94.67%

Imported Beer (0.33 liter bottle)

$5.20 ₩7,739

$3.17 COP 10.3K

64.04%

Milk (1 liter)

$2.15 ₩3,197

$1.05 COP 3,423

104.76%

White Bread (500g)

$2.60 ₩3,864

$1.30 COP 4,236

100.00%

Rice (white) (1kg)

$2.58 ₩3,833

$1.40 COP 4,544

84.29%

Eggs

$2.65 ₩3,949

$2.16 COP 7,047

22.69%

Local Cheese (1kg)

$10.28 ₩15.3K

$4.39 COP 14.3K

134.17%

Chicken Fillets (1kg)

$8.03 ₩12.0K

$5.88 COP 19.1K

36.56%

Beef Round Steak (1kg)

$20.44 ₩30.4K

$8.64 COP 28.1K

136.57%

Apples (1kg)

$8.67 ₩12.9K

$2.28 COP 7,426

280.26%

Banana (1kg)

$3.10 ₩4,609

$1.11 COP 3,604

179.28%

Oranges (1kg)

$5.69 ₩8,468

$1.53 COP 4,983

271.90%

Tomato (1kg)

$5.11 ₩7,609

$1.35 COP 4,410

278.52%

Potato (1kg)

$5.27 ₩7,846

$1.13 COP 3,674

366.37%

Onion (1kg)

$2.69 ₩4,002

$1.13 COP 3,692

138.05%

Lettuce (1 head)

$1.90 ₩2,833

$0.85 COP 2,753

123.53%

Water (1.5 liter bottle)

$1.16 ₩1,732

$0.91 COP 2,975

27.47%

Cigarettes 20 Pack (Marlboro, Camel)

$3.36 ₩5,001

$2.34 COP 7,630

43.59%

Wine (Bottle)

$16.66 ₩24.8K

$12.37 COP 40.3K

34.68%

Local Beer (0.5 liter bottle)

$1.74 ₩2,583

$1.20 COP 3,909

45.00%

Imported Beer (0.33 liter bottle)

$3.37 ₩5,022

$2.49 COP 8,104

35.34%

One-way Ticket (Public Transport)

$1.12 ₩1,659

$0.84 COP 2,728

33.33%

Public Transport Monthly Pass (Regular Price)

$10.98 ₩16.3K

$40.57 COP 132.1K

-72.94%

Taxi Start (Normal Tariff)

$2.87 ₩4,269

$1.42 COP 4,623

102.11%

Taxi (Normal Tariff) (1km)

$0.85 ₩1,271

$1.92 COP 6,235

-55.73%

Taxi 1hour Waiting (Normal Tariff)

$16.46 ₩24.5K

$7.66 COP 24.9K

114.88%

Gasoline (1 liter)

$1.17 ₩1,743

$0.99 COP 3,223

18.18%

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

$28.1K ₩41.8M

$18.0K COP 58.7M

55.73%

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

$11.0K ₩16.3M

$26.6K COP 86.7M

-58.80%

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

$167 ₩249.0K

$80.8 COP 263.1K

107.05%

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

$43.98 ₩65.4K

$9.95 COP 32.4K

342.01%

Internet (50+ Mbps, Unlimited Data)

$24.74 ₩36.8K

$24.18 COP 78.7K

2.32%

Gym Membership (Monthly)

$29.64 ₩44.1K

$25.08 COP 81.7K

18.18%

Tennis Court (1 Hour on Weekend)

$22.31 ₩33.2K

$19.15 COP 62.3K

16.50%

Cinema Ticket

$10.84 ₩16.1K

$3.98 COP 13.0K

172.36%

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

$283 ₩420.8K

$305 COP 993.5K

-7.33%

International Primary School, 1 Child (Yearly)

$35.2K ₩52.4M

$6,059 COP 19.7M

481.15%

Jeans (Levis 501 Or Similar)

$63.0 ₩93.8K

$58.1 COP 189.2K

8.41%

Summer Dress (H&M, Zara, etc)

$39.67 ₩59.0K

$32.20 COP 104.8K

23.20%

Sport Shoes (Adidas, Nike)

$88.4 ₩131.5K

$101 COP 327.9K

-12.29%

Men's Leather Business Shoes

$106 ₩157.6K

$108 COP 350.8K

-1.68%

1-bedroom Apartment, City Center (Monthly)

$360 ₩536.0K

$477 COP 1.6M

-24.42%

1-bedroom Apartment, Outside City Center (Monthly)

$310 ₩461.8K

$376 COP 1.2M

-17.50%

3-bedroom Apartment, City Center (Monthly)

$933 ₩1.4M

$845 COP 2.7M

10.46%

3-bedroom Apartment, Outside City Center (Monthly)

$616 ₩916.3K

$730 COP 2.4M

-15.70%

Buy Apartment in City Center (m2)

$5,089 ₩7.6M

$3,215 COP 10.5M

58.26%

Buy Apartment Outside City Center (m2)

$4,046 ₩6.0M

$1,372 COP 4.5M

194.83%

Average Monthly Net Salary (After Tax)

$2,132 ₩3.2M

$617 COP 2.0M

245.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.77

13.43

-71.93%

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

Last update for Daejeon: July 13, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $360 in Daejeon versus $477 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 246% higher in Daejeon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Daejeon versus $33.00 in Medellin. Monthly groceries follow the same trend: $402 vs $193 – making Medellin the more affordable choice for daily food spending.

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

Daejeon costs about 27% more than Medellin, 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 $1,970 per month in Daejeon and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, 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 $1,313 in Daejeon and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 269% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Daejeon at $1,313. In Medellin it covers expenses comfortably, while in Daejeon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,031 versus $1,313 in Daejeon. 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Daejeon makes more sense. Both are solid long-term options with distinct trade-offs.