Last update: Oct 2026

Cost of Living Comparison Between Florence, KY and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,275 in Florence, KY, rent and utilities included – about $7,600 less a year. Rent and utilities account for most of the difference.

109

Cost of Living Index in Florence, KY
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Florence, KY Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Florence, KY

🇺🇸 United States

$2,275

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $2,275 in Florence, KY versus $1,639 in Medellin.

Florence, KY $2,275
Medellin $1,639

Estimated couple costs with rent: $3,341 in Florence, KY versus $2,413 in Medellin.

Florence, KY $3,341
Medellin $2,413

Monthly costs for a family of three with rent: $4,407 in Florence, KY versus $3,186 in Medellin.

Florence, KY $4,407
Medellin $3,186

Living in Florence, KY is roughly 39% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Florence, KY 67% above, Medellin 20% above.

Meal at Budget Restaurant

$14.83 $14.83

$8.09 COP 26.1K

83.31%

Three-Course Dinner for Two, Mid-Range

$72.4 $72.4

$47.05 COP 151.7K

53.92%

Fast Food Meal (McDonalds, etc)

$9.63 $9.63

$9.50 COP 30.6K

1.37%

Cappuccino

$5.01 $5.01

$3.01 COP 9,722

66.45%

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

$2.23 $2.23

$1.80 COP 5,801

23.89%

Water (0.33 liter bottle)

$1.70 $1.70

$1.41 COP 4,554

20.57%

Local Beer (0.5 liter draught)

$6.10 $6.10

$3.18 COP 10.2K

91.82%

Imported Beer (0.33 liter bottle)

$7.09 $7.09

$5.75 COP 18.5K

23.30%

Milk (1 liter)

$0.79 $0.79

$1.51 COP 4,869

-47.68%

White Bread (500g)

$3.39 $3.39

$2.38 COP 7,667

42.44%

Rice (white) (1kg)

$4.01 $4.01

$1.77 COP 5,712

126.55%

Eggs

$3.53 $3.53

$2.89 COP 9,320

22.15%

Local Cheese (1kg)

$12.87 $12.87

$10.19 COP 32.9K

26.30%

Chicken Fillets (1kg)

$11.80 $11.80

$9.87 COP 31.8K

19.55%

Beef Round Steak (1kg)

$16.17 $16.17

$13.99 COP 45.1K

15.58%

Apples (1kg)

$5.53 $5.53

$3.97 COP 12.8K

39.29%

Banana (1kg)

$1.65 $1.65

$1.55 COP 5,005

6.45%

Oranges (1kg)

$4.68 $4.68

$2.18 COP 7,039

114.68%

Tomato (1kg)

$4.58 $4.58

$2.18 COP 7,041

110.09%

Potato (1kg)

$2.61 $2.61

$1.96 COP 6,328

33.16%

Onion (1kg)

$2.88 $2.88

$1.59 COP 5,125

81.13%

Lettuce (1 head)

$2.12 $2.12

$1.15 COP 3,694

84.35%

Water (1.5 liter bottle)

$1.86 $1.86

$1.24 COP 4,009

50.00%

Cigarettes 20 Pack (Marlboro, Camel)

$8.81 $8.81

$3.96 COP 12.8K

122.47%

Wine (Bottle)

$15.76 $15.76

$13.68 COP 44.1K

15.20%

Local Beer (0.5 liter bottle)

$2.07 $2.07

$1.66 COP 5,352

24.70%

Imported Beer (0.33 liter bottle)

$2.99 $2.99

$2.26 COP 7,281

32.30%

One-way Ticket (Public Transport)

$2.03 $2.03

$1.17 COP 3,766

73.50%

Public Transport Monthly Pass (Regular Price)

$65.9 $65.9

$77.4 COP 249.5K

-14.79%

Taxi Start (Normal Tariff)

$2.80 $2.80

$1.27 COP 4,089

120.47%

Taxi (Normal Tariff) (1km)

$1.27 $1.27

$2.05 COP 6,603

-38.05%

Taxi 1hour Waiting (Normal Tariff)

$25.02 $25.02

$8.55 COP 27.6K

192.63%

Gasoline (1 liter)

$0.99 $0.99

$1.35 COP 4,343

-26.67%

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

$33.6K $33.6K

$34.1K COP 109.8M

-1.49%

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

$25.8K $25.8K

$34.7K COP 111.8M

-25.68%

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

$179 $179

$170 COP 547.0K

5.43%

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

$58.2 $58.2

$13.55 COP 43.7K

329.30%

Internet (50+ Mbps, Unlimited Data)

$67.6 $67.6

$28.07 COP 90.5K

140.65%

Gym Membership (Monthly)

$17.18 $17.18

$43.70 COP 140.9K

-60.69%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.4K

Cinema Ticket

$15.10 $15.10

$6.91 COP 22.3K

118.52%

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

$1,238 $1,238

$797 COP 2.6M

55.35%

International Primary School, 1 Child (Yearly)

$16.1K $16.1K

$9,112 COP 29.4M

76.57%

Jeans (Levis 501 Or Similar)

$50.8 $50.8

$84.7 COP 273.2K

-40.04%

Summer Dress (H&M, Zara, etc)

$45.09 $45.09

$58.0 COP 186.9K

-22.20%

Sport Shoes (Adidas, Nike)

$89.7 $89.7

$135 COP 435.2K

-33.57%

Men's Leather Business Shoes

$110 $110

$97.9 COP 315.6K

12.09%

1-bedroom Apartment, City Center (Monthly)

$1,306 $1,306

$1,208 COP 3.9M

8.17%

1-bedroom Apartment, Outside City Center (Monthly)

$1,050 $1,050

$642 COP 2.1M

63.61%

3-bedroom Apartment, City Center (Monthly)

$2,024 $2,024

$2,028 COP 6.5M

-0.17%

3-bedroom Apartment, Outside City Center (Monthly)

$1,694 $1,694

$1,012 COP 3.3M

67.46%

Buy Apartment in City Center (m2)

$1,889 $1,889

$4,170 COP 13.4M

-54.70%

Buy Apartment Outside City Center (m2)

$1,242 $1,242

$1,910 COP 6.2M

-34.97%

Average Monthly Net Salary (After Tax)

$3,517 $3,517

$657 COP 2.1M

435.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

10.94

-39.76%

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

Last update for Florence, KY: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Florence, KY

$1K 46.1%

Medellin

$642 39.1% 38.9% $408

Groceries & Markets

Florence, KY

$389 17.1%

Medellin

$297 18.1% 23.7% $92

Monthly Utilities & Internet

Florence, KY

$305 13.4%

Medellin

$211 12.9% 30.6% $93

Eating Out

Florence, KY

$268 11.8%

Medellin

$170 10.4% 36.7% $98

Clothing & Footwear

Florence, KY

$133 5.8%

Medellin

$169 10.3% 27.2% $36

Getting Around

Florence, KY

$83 3.7%

Medellin

$94 5.7% 12.4% $10

Sport & Entertainment

Florence, KY

$47 2.1%

Medellin

$58 3.5% 21.4% $10

Cost Breakdown

A one-bedroom apartment in the center runs $1,306 in Florence, KY and $1,208 in Medellin. Housing cost is often the main lever when comparing two cities.

Florence, KY pays about 5.4 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $72 in Florence, KY vs $47 in Medellin for a mid-range dinner for two. Groceries echo the gap at $389 vs $297 per month, with Medellin cheaper across the board.

Good to know

🇺🇸 Florence, KY

🇨🇴 Medellin

🕒 Local time

17:16 5:16 PM

Same time as Florence, KY

🌤 Weather

👥 Population

40,184

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.896 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.78 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 1, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

Colombian Peso exchange rates as of November 1, 2026: 1 USD = 3,224 COP (10,000 COP = 3.1 USD). 1 EUR = 3,600 COP (10,000 COP = 2.78 EUR).

COP to USD in detail →

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Florence, KY Medellin 3,750 km ≈ 5 h nonstop flight

From you

Florence, KY
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

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

Medellin is about 28% cheaper overall, especially in eating out, groceries, and utilities. That difference adds up to real monthly savings that compound significantly over time.

Average pay in Florence, KY is about 5.4 times higher, 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: $1,306 in Florence, KY versus $1,208 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 31% 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 $47 versus $72 in Florence, KY. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Medellin wins on affordability, Florence, KY on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.