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

Monthly Cost of Living

Monthly costs for one person with rent: $2,198 in Florence, SC versus $1,681 in Medellin.

Estimated couple costs with rent: $3,147 in Florence, SC versus $2,445 in Medellin.

Monthly costs for a family of three with rent: $4,097 in Florence, SC versus $3,210 in Medellin.

Living in Florence, SC is roughly 31% more expensive than in Medellin, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Florence, SC 61% above, Medellin 23% above.

Meal at Budget Restaurant

$15.04 $15.04

$8.02 COP 25.0K

87.53%

Three-Course Dinner for Two, Mid-Range

$64.6 $64.6

$47.87 COP 149.4K

34.84%

Fast Food Meal (McDonalds, etc)

$11.21 $11.21

$9.89 COP 30.8K

13.35%

Cappuccino

$4.71 $4.71

$3.13 COP 9,767

50.48%

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

$2.62 $2.62

$1.91 COP 5,954

37.17%

Water (0.33 liter bottle)

$2.05 $2.05

$1.51 COP 4,712

35.76%

Local Beer (0.5 liter draught)

$5.14 $5.14

$3.12 COP 9,747

64.74%

Imported Beer (0.33 liter bottle)

$7.13 $7.13

$5.75 COP 17.9K

24.00%

Milk (1 liter)

$0.96 $0.96

$1.44 COP 4,509

-33.33%

White Bread (500g)

$4.10 $4.10

$2.49 COP 7,759

64.66%

Rice (white) (1kg)

$6.01 $6.01

$1.77 COP 5,535

239.55%

Eggs

$5.26 $5.26

$2.96 COP 9,235

77.70%

Local Cheese (1kg)

$11.62 $11.62

$10.07 COP 31.4K

15.39%

Chicken Fillets (1kg)

$14.48 $14.48

$10.12 COP 31.6K

43.08%

Beef Round Steak (1kg)

$24.84 $24.84

$14.30 COP 44.6K

73.71%

Apples (1kg)

$6.34 $6.34

$4.14 COP 12.9K

53.14%

Banana (1kg)

$1.78 $1.78

$1.61 COP 5,019

10.56%

Oranges (1kg)

$7.02 $7.02

$2.25 COP 7,007

212.00%

Tomato (1kg)

$5.97 $5.97

$2.25 COP 7,028

165.33%

Potato (1kg)

$4.07 $4.07

$2.04 COP 6,375

99.51%

Onion (1kg)

$5.89 $5.89

$1.54 COP 4,790

282.47%

Lettuce (1 head)

$2.32 $2.32

$1.17 COP 3,651

98.29%

Water (1.5 liter bottle)

$3.03 $3.03

$1.31 COP 4,077

131.30%

Cigarettes 20 Pack (Marlboro, Camel)

$8.09 $8.09

$3.90 COP 12.2K

107.44%

Wine (Bottle)

$14.52 $14.52

$14.01 COP 43.7K

3.64%

Local Beer (0.5 liter bottle)

$1.99 $1.99

$1.74 COP 5,439

14.37%

Imported Beer (0.33 liter bottle)

$5.95 $5.95

$2.87 COP 8,956

107.32%

One-way Ticket (Public Transport)

$1.22 COP 3,792

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

Taxi Start (Normal Tariff)

$7.06 $7.06

$1.31 COP 4,084

438.93%

Taxi (Normal Tariff) (1km)

$1.91 $1.91

$2.19 COP 6,825

-12.79%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

Gasoline (1 liter)

$0.90 $0.90

$1.37 COP 4,260

-34.31%

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

$35.0K $35.0K

$27.8K COP 86.9M

25.90%

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

$25.6K $25.6K

$35.8K COP 111.6M

-28.42%

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

$227 $227

$177 COP 553.2K

27.89%

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

$54.2 $54.2

$13.88 COP 43.3K

290.56%

Internet (50+ Mbps, Unlimited Data)

$41.10 $41.10

$29.72 COP 92.8K

38.29%

Gym Membership (Monthly)

$44.88 COP 140.1K

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

Cinema Ticket

$14.94 $14.94

$6.65 COP 20.7K

124.66%

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

$1,299 $1,299

$813 COP 2.5M

59.81%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

Jeans (Levis 501 Or Similar)

$39.76 $39.76

$89.5 COP 279.3K

-55.57%

Summer Dress (H&M, Zara, etc)

$30.52 $30.52

$59.0 COP 184.0K

-48.24%

Sport Shoes (Adidas, Nike)

$105 $105

$138 COP 431.2K

-24.19%

Men's Leather Business Shoes

$69.4 $69.4

$102 COP 318.7K

-32.02%

1-bedroom Apartment, City Center (Monthly)

$989 $989

$1,062 COP 3.3M

-6.90%

1-bedroom Apartment, Outside City Center (Monthly)

$994 $994

$663 COP 2.1M

49.95%

3-bedroom Apartment, City Center (Monthly)

$1,479 $1,479

$1,888 COP 5.9M

-21.65%

3-bedroom Apartment, Outside City Center (Monthly)

$1,358 $1,358

$1,027 COP 3.2M

32.21%

Buy Apartment in City Center (m2)

$1,532 $1,532

$4,183 COP 13.1M

-63.37%

Buy Apartment Outside City Center (m2)

$1,590 $1,590

$1,675 COP 5.2M

-5.03%

Average Monthly Net Salary (After Tax)

$3,106 $3,106

$678 COP 2.1M

358.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.03

10.94

-44.88%

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

Last update for Florence, SC: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $989 in Florence, SC and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.

Florence, SC pays 358% 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: $65.0 in Florence, SC vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $498 vs $305 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, SC vs Medellin: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 31% lower than in Florence, SC. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

Average pay runs 358% higher in Florence, SC, 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: $989 in Florence, SC versus $1,062 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,299 in Florence, SC versus $813 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $48.00 versus $65.0 in Florence, SC. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,681 in Medellin versus $2,198 in Florence, SC, a $2,500 budget is realistic in Medellin but tight or insufficient in Florence, SC. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,681 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 31% less than in Florence, SC. Beyond cost, consider language, visa policies, and how big the international community is in each city.