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: $2,218 in Florence, KY versus $1,034 in Medellin.

Estimated couple costs with rent: $3,366 in Florence, KY versus $1,577 in Medellin.

Monthly costs for a family of three with rent: $4,514 in Florence, KY versus $2,120 in Medellin.

Living in Florence, KY is roughly 115% more expensive than Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Florence, KY is 66% above, Medellin is 23% below.

Meal at Budget Restaurant

$17.81 $17.81

$5.92 COP 21.5K

200.84%

Three-Course Dinner for Two, Mid-Range

$77.9 $77.9

$32.75 COP 119.1K

137.92%

Fast Food Meal (McDonalds, etc)

$10.12 $10.12

$7.20 COP 26.2K

40.56%

Cappuccino

$4.25 $4.25

$1.70 COP 6,186

150.00%

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

$2.22 $2.22

$1.10 COP 3,996

101.82%

Water (0.33 liter bottle)

$2.01 $2.01

$0.72 COP 2,625

179.17%

Local Beer (0.5 liter draught)

$6.02 $6.02

$1.67 COP 6,067

260.48%

Imported Beer (0.33 liter bottle)

$7.19 $7.19

$3.10 COP 11.3K

131.94%

Milk (1 liter)

$0.78 $0.78

$1.06 COP 3,837

-26.42%

White Bread (500g)

$2.71 $2.71

$1.25 COP 4,531

116.80%

Rice (white) (1kg)

$3.79 $3.79

$1.39 COP 5,060

172.66%

Eggs

$3.18 $3.18

$2.26 COP 8,229

40.71%

Local Cheese (1kg)

$10.16 $10.16

$4.33 COP 15.8K

134.64%

Chicken Fillets (1kg)

$9.47 $9.47

$5.84 COP 21.2K

62.16%

Beef Round Steak (1kg)

$14.42 $14.42

$8.83 COP 32.1K

63.31%

Apples (1kg)

$4.87 $4.87

$2.24 COP 8,159

117.41%

Banana (1kg)

$1.38 $1.38

$1.08 COP 3,911

27.78%

Oranges (1kg)

$4.03 $4.03

$1.53 COP 5,563

163.40%

Tomato (1kg)

$4.95 $4.95

$1.37 COP 4,987

261.31%

Potato (1kg)

$2.03 $2.03

$1.13 COP 4,109

79.65%

Onion (1kg)

$2.70 $2.70

$1.12 COP 4,067

141.07%

Lettuce (1 head)

$1.86 $1.86

$0.85 COP 3,080

118.82%

Water (1.5 liter bottle)

$1.42 $1.42

$0.91 COP 3,305

56.04%

Cigarettes 20 Pack (Marlboro, Camel)

$8.88 $8.88

$2.33 COP 8,477

281.12%

Wine (Bottle)

$15.89 $15.89

$11.13 COP 40.5K

42.77%

Local Beer (0.5 liter bottle)

$2.10 $2.10

$1.19 COP 4,342

76.47%

Imported Beer (0.33 liter bottle)

$1.84 $1.84

$2.37 COP 8,617

-22.36%

One-way Ticket (Public Transport)

$1.97 $1.97

$0.79 COP 2,859

149.37%

Public Transport Monthly Pass (Regular Price)

$64.6 $64.6

$41.13 COP 149.6K

57.01%

Taxi Start (Normal Tariff)

$2.70 $2.70

$1.44 COP 5,223

87.50%

Taxi (Normal Tariff) (1km)

$1.26 $1.26

$1.91 COP 6,952

-34.03%

Taxi 1hour Waiting (Normal Tariff)

$25.14 $25.14

$8.02 COP 29.2K

213.47%

Gasoline (1 liter)

$0.82 $0.82

$0.94 COP 3,410

-12.77%

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

$34.3K $34.3K

$17.9K COP 65.2M

91.67%

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

$25.3K $25.3K

$26.8K COP 97.4M

-5.39%

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

$200 $200

$84.0 COP 305.4K

138.54%

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

$55.8 $55.8

$9.60 COP 34.9K

481.15%

Internet (50+ Mbps, Unlimited Data)

$58.8 $58.8

$24.16 COP 87.9K

143.34%

Gym Membership (Monthly)

$17.30 $17.30

$25.88 COP 94.1K

-33.15%

Tennis Court (1 Hour on Weekend)

$19.04 COP 69.3K

Cinema Ticket

$13.72 $13.72

$3.92 COP 14.2K

250.00%

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

$1,233 $1,233

$306 COP 1.1M

302.60%

International Primary School, 1 Child (Yearly)

$13.3K $13.3K

$5,919 COP 21.5M

124.99%

Jeans (Levis 501 Or Similar)

$49.39 $49.39

$57.9 COP 210.6K

-14.71%

Summer Dress (H&M, Zara, etc)

$43.69 $43.69

$31.82 COP 115.7K

37.30%

Sport Shoes (Adidas, Nike)

$87.9 $87.9

$99.9 COP 363.3K

-12.04%

Men's Leather Business Shoes

$101 $101

$107 COP 389.7K

-6.11%

1-bedroom Apartment, City Center (Monthly)

$1,276 $1,276

$487 COP 1.8M

162.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,049 $1,049

$368 COP 1.3M

185.07%

3-bedroom Apartment, City Center (Monthly)

$2,167 $2,167

$826 COP 3.0M

162.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,833 $1,833

$716 COP 2.6M

155.96%

Buy Apartment in City Center (m2)

$1,878 $1,878

$2,925 COP 10.6M

-35.79%

Buy Apartment Outside City Center (m2)

$1,239 $1,239

$1,407 COP 5.1M

-11.96%

Average Monthly Net Salary (After Tax)

$3,453 $3,453

$546 COP 2.0M

533.00%

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: April 26, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,276 in Florence, KY and $487 in Medellin. Housing cost is often the main lever when comparing two cities.

Florence, KY pays 533% 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 $339 vs $190 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 115% gap adds up to real monthly savings that compound significantly over time.

Florence, KY pays 533% more on average, 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: $1,276 in Florence, KY versus $487 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 79% 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 $1,034 in Medellin versus $2,218 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 115% less than in Florence, KY. Beyond cost, consider language, visa policies, and how big the international community is in each city.