Cost of Living Comparison Between Florence, KY and Medellin Cost of Living Comparison Between Florence, KY and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $2,277 in Florence, KY versus $1,003 in Medellin.

Estimated couple costs with rent: $3,396 in Florence, KY versus $1,573 in Medellin.

Monthly costs for a family of three with rent: $4,515 in Florence, KY versus $2,143 in Medellin.

Living in Florence, KY is roughly 127% more expensive than in Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Florence, KY is 71% above, Medellin is 25% below.

Meal at Budget Restaurant

$18.30 $18.30

$5.91 COP 18.6K

209.64%

Three-Course Dinner for Two, Mid-Range

$78.3 $78.3

$32.96 COP 103.8K

137.62%

Fast Food Meal (McDonalds, etc)

$10.11 $10.11

$7.43 COP 23.4K

36.07%

Cappuccino

$4.39 $4.39

$1.65 COP 5,207

166.06%

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

$2.13 $2.13

$1.10 COP 3,468

93.64%

Water (0.33 liter bottle)

$2.01 $2.01

$0.78 COP 2,458

157.69%

Local Beer (0.5 liter draught)

$6.10 $6.10

$1.72 COP 5,412

254.65%

Imported Beer (0.33 liter bottle)

$6.79 $6.79

$3.18 COP 10.0K

113.52%

Milk (1 liter)

$0.78 $0.78

$1.10 COP 3,474

-29.09%

White Bread (500g)

$2.81 $2.81

$1.26 COP 3,962

123.02%

Rice (white) (1kg)

$3.81 $3.81

$1.38 COP 4,349

176.09%

Eggs

$3.14 $3.14

$2.18 COP 6,858

44.04%

Local Cheese (1kg)

$10.29 $10.29

$4.49 COP 14.1K

129.18%

Chicken Fillets (1kg)

$9.66 $9.66

$5.79 COP 18.2K

66.84%

Beef Round Steak (1kg)

$14.74 $14.74

$8.97 COP 28.2K

64.33%

Apples (1kg)

$4.85 $4.85

$2.32 COP 7,308

109.05%

Banana (1kg)

$1.40 $1.40

$1.06 COP 3,352

32.08%

Oranges (1kg)

$3.87 $3.87

$1.52 COP 4,774

154.61%

Tomato (1kg)

$5.00 $5.00

$1.36 COP 4,270

267.65%

Potato (1kg)

$2.08 $2.08

$1.13 COP 3,552

84.07%

Onion (1kg)

$2.69 $2.69

$1.17 COP 3,689

129.91%

Lettuce (1 head)

$1.88 $1.88

$0.90 COP 2,838

108.89%

Water (1.5 liter bottle)

$1.39 $1.39

$0.90 COP 2,823

54.44%

Cigarettes 20 Pack (Marlboro, Camel)

$8.94 $8.94

$2.23 COP 7,034

300.90%

Wine (Bottle)

$15.49 $15.49

$12.12 COP 38.2K

27.81%

Local Beer (0.5 liter bottle)

$2.06 $2.06

$1.19 COP 3,743

73.11%

Imported Beer (0.33 liter bottle)

$1.81 $1.81

$2.48 COP 7,815

-27.02%

One-way Ticket (Public Transport)

$1.95 $1.95

$0.85 COP 2,687

129.41%

Public Transport Monthly Pass (Regular Price)

$65.4 $65.4

$41.62 COP 131.0K

57.14%

Taxi Start (Normal Tariff)

$2.82 $2.82

$1.42 COP 4,459

98.59%

Taxi (Normal Tariff) (1km)

$1.23 $1.23

$1.95 COP 6,141

-36.92%

Taxi 1hour Waiting (Normal Tariff)

$24.93 $24.93

$7.89 COP 24.8K

215.97%

Gasoline (1 liter)

$0.87 $0.87

$0.99 COP 3,118

-12.12%

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

$34.7K $34.7K

$17.6K COP 55.4M

97.34%

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

$25.3K $25.3K

$26.8K COP 84.4M

-5.67%

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

$204 $204

$83.0 COP 261.4K

145.49%

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

$56.9 $56.9

$9.70 COP 30.5K

486.91%

Internet (50+ Mbps, Unlimited Data)

$58.7 $58.7

$23.52 COP 74.1K

149.66%

Gym Membership (Monthly)

$17.34 $17.34

$25.26 COP 79.5K

-31.35%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

Cinema Ticket

$13.38 $13.38

$3.95 COP 12.4K

238.73%

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

$1,257 $1,257

$316 COP 994.2K

297.89%

International Primary School, 1 Child (Yearly)

$13.5K $13.5K

$5,975 COP 18.8M

125.16%

Jeans (Levis 501 Or Similar)

$48.59 $48.59

$60.0 COP 188.9K

-19.02%

Summer Dress (H&M, Zara, etc)

$43.62 $43.62

$31.82 COP 100.2K

37.08%

Sport Shoes (Adidas, Nike)

$90.4 $90.4

$102 COP 320.1K

-11.08%

Men's Leather Business Shoes

$101 $101

$107 COP 338.3K

-6.02%

1-bedroom Apartment, City Center (Monthly)

$1,278 $1,278

$475 COP 1.5M

169.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,060 $1,060

$374 COP 1.2M

183.47%

3-bedroom Apartment, City Center (Monthly)

$2,187 $2,187

$849 COP 2.7M

157.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,801 $1,801

$719 COP 2.3M

150.29%

Buy Apartment in City Center (m2)

$1,872 $1,872

$3,265 COP 10.3M

-42.66%

Buy Apartment Outside City Center (m2)

$1,244 $1,244

$1,441 COP 4.5M

-13.67%

Average Monthly Net Salary (After Tax)

$3,494 $3,494

$624 COP 2.0M

459.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.54

13.43

-51.30%

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

Last update for Florence, KY: July 27, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,278 in Florence, KY and $475 in Medellin. Housing cost is often the main lever when comparing two cities.

Florence, KY pays 460% 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: $78.0 in Florence, KY vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $341 vs $193 per month, with Medellin cheaper across the board.

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

Florence, KY vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Monthly Utilities & Internet, Getting Around, Sport & Entertainment. The 127% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 460% higher in Florence, KY, 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: $1,278 in Florence, KY versus $475 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 76% higher in Florence, KY. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $78.0 in Florence, KY. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,003 in Medellin versus $2,277 in Florence, KY, a $1,500 budget is realistic in Medellin but tight or insufficient in Florence, KY. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Florence, KY, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Medellin gentler on the wallet – expenses run 127% less than in Florence, KY. Beyond cost, consider language, visa policies, and how big the international community is in each city.