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: $2,222 in Florence, KY versus $1,017 in Medellin.

Estimated couple costs with rent: $3,377 in Florence, KY versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $4,533 in Florence, KY versus $2,188 in Medellin.

Living in Florence, KY is roughly 119% more expensive than Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Florence, KY is 65% above, Medellin is 24% below.

Meal at Budget Restaurant

$17.65 $17.65

$5.95 COP 20.8K

196.64%

Three-Course Dinner for Two, Mid-Range

$76.7 $76.7

$33.33 COP 116.3K

130.09%

Fast Food Meal (McDonalds, etc)

$10.04 $10.04

$7.23 COP 25.2K

38.87%

Cappuccino

$4.27 $4.27

$1.63 COP 5,687

161.96%

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

$2.23 $2.23

$1.09 COP 3,821

104.59%

Water (0.33 liter bottle)

$1.96 $1.96

$0.73 COP 2,548

168.49%

Local Beer (0.5 liter draught)

$6.06 $6.06

$1.74 COP 6,065

248.28%

Imported Beer (0.33 liter bottle)

$6.83 $6.83

$3.23 COP 11.3K

111.46%

Milk (1 liter)

$0.77 $0.77

$1.05 COP 3,662

-26.67%

White Bread (500g)

$2.82 $2.82

$1.29 COP 4,515

118.60%

Rice (white) (1kg)

$3.81 $3.81

$1.32 COP 4,617

188.64%

Eggs

$3.09 $3.09

$2.27 COP 7,927

36.12%

Local Cheese (1kg)

$10.16 $10.16

$4.35 COP 15.2K

133.56%

Chicken Fillets (1kg)

$9.26 $9.26

$5.88 COP 20.5K

57.48%

Beef Round Steak (1kg)

$14.24 $14.24

$8.61 COP 30.0K

65.39%

Apples (1kg)

$4.64 $4.64

$2.25 COP 7,844

106.22%

Banana (1kg)

$1.44 $1.44

$1.07 COP 3,733

34.58%

Oranges (1kg)

$3.95 $3.95

$1.52 COP 5,322

159.87%

Tomato (1kg)

$5.04 $5.04

$1.42 COP 4,964

254.93%

Potato (1kg)

$2.02 $2.02

$1.17 COP 4,084

72.65%

Onion (1kg)

$2.72 $2.72

$1.17 COP 4,077

132.48%

Lettuce (1 head)

$1.88 $1.88

$0.89 COP 3,096

111.24%

Water (1.5 liter bottle)

$1.42 $1.42

$0.90 COP 3,146

57.78%

Cigarettes 20 Pack (Marlboro, Camel)

$8.88 $8.88

$2.25 COP 7,837

294.67%

Wine (Bottle)

$15.39 $15.39

$11.04 COP 38.5K

39.40%

Local Beer (0.5 liter bottle)

$2.01 $2.01

$1.14 COP 3,977

76.32%

Imported Beer (0.33 liter bottle)

$1.84 $1.84

$2.38 COP 8,301

-22.69%

One-way Ticket (Public Transport)

$1.96 $1.96

$0.84 COP 2,916

133.33%

Public Transport Monthly Pass (Regular Price)

$63.9 $63.9

$41.95 COP 146.4K

52.37%

Taxi Start (Normal Tariff)

$2.74 $2.74

$1.41 COP 4,912

94.33%

Taxi (Normal Tariff) (1km)

$1.22 $1.22

$1.90 COP 6,634

-35.79%

Taxi 1hour Waiting (Normal Tariff)

$25.43 $25.43

$7.75 COP 27.0K

228.13%

Gasoline (1 liter)

$0.83 $0.83

$1.01 COP 3,509

-17.82%

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

$34.9K $34.9K

$17.6K COP 61.4M

98.53%

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

$25.1K $25.1K

$26.5K COP 92.5M

-5.35%

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

$202 $202

$83.7 COP 292.1K

140.80%

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

$55.9 $55.9

$9.45 COP 33.0K

491.43%

Internet (50+ Mbps, Unlimited Data)

$59.8 $59.8

$24.11 COP 84.1K

147.95%

Gym Membership (Monthly)

$17.76 $17.76

$25.31 COP 88.3K

-29.83%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$13.63 $13.63

$4.10 COP 14.3K

232.44%

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

$1,247 $1,247

$312 COP 1.1M

299.75%

International Primary School, 1 Child (Yearly)

$13.3K $13.3K

$5,993 COP 20.9M

121.28%

Jeans (Levis 501 Or Similar)

$48.48 $48.48

$58.0 COP 202.6K

-16.47%

Summer Dress (H&M, Zara, etc)

$44.44 $44.44

$32.56 COP 113.6K

36.49%

Sport Shoes (Adidas, Nike)

$89.8 $89.8

$99.6 COP 347.7K

-9.83%

Men's Leather Business Shoes

$98.3 $98.3

$109 COP 378.8K

-9.40%

1-bedroom Apartment, City Center (Monthly)

$1,296 $1,296

$482 COP 1.7M

168.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,068 $1,068

$379 COP 1.3M

181.39%

3-bedroom Apartment, City Center (Monthly)

$2,189 $2,189

$837 COP 2.9M

161.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,850 $1,850

$723 COP 2.5M

155.86%

Buy Apartment in City Center (m2)

$1,904 $1,904

$2,840 COP 9.9M

-32.95%

Buy Apartment Outside City Center (m2)

$1,236 $1,236

$1,223 COP 4.3M

1.05%

Average Monthly Net Salary (After Tax)

$3,491 $3,491

$541 COP 1.9M

545.44%

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: June 9, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,296 in Florence, KY and $482 in Medellin. Housing cost is often the main lever when comparing two cities.

Florence, KY pays 545% 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: $77.0 in Florence, KY vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $336 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 119% gap adds up to real monthly savings that compound significantly over time.

Florence, KY pays 545% 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: $1,296 in Florence, KY versus $482 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 77% 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 $77.0 in Florence, KY. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,017 in Medellin versus $2,222 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 119% less than in Florence, KY. Beyond cost, consider language, visa policies, and how big the international community is in each city.