Cost of Living Comparison Between Georgetown and Medellin Cost of Living Comparison Between Georgetown and Medellin

Monthly Cost of Living

A single person spends $1,317 per month in Georgetown vs $1,031 in Medellin, rent included.

A couple spends around $2,386 per month in Georgetown vs $1,599 in Medellin, rent included.

A family of three spends $3,456 per month in Georgetown vs $2,167 in Medellin, rent included.

Georgetown costs about 28% more than Medellin, driven mainly by Groceries & Markets.

Both Georgetown and Medellin are more affordable than the global median – Georgetown 1% lower, Medellin 23% lower.

Meal at Budget Restaurant

$12.09 GYD 2,515

$6.16 COP 20.0K

96.27%

Three-Course Dinner for Two, Mid-Range

$70.6 GYD 14.7K

$32.60 COP 106.0K

116.47%

Fast Food Meal (McDonalds, etc)

$8.51 GYD 1,770

$7.34 COP 23.9K

15.94%

Cappuccino

$5.08 GYD 1,057

$1.72 COP 5,592

195.35%

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

$1.18 GYD 246

$1.05 COP 3,416

12.38%

Water (0.33 liter bottle)

$0.66 GYD 136

$0.77 COP 2,511

-14.29%

Local Beer (0.5 liter draught)

$2.00 GYD 417

$1.69 COP 5,480

18.34%

Imported Beer (0.33 liter bottle)

$2.39 GYD 497

$3.17 COP 10.3K

-24.61%

Milk (1 liter)

$3.33 GYD 692

$1.05 COP 3,418

217.14%

White Bread (500g)

$2.03 GYD 423

$1.30 COP 4,230

56.15%

Rice (white) (1kg)

$1.98 GYD 411

$1.40 COP 4,538

41.43%

Eggs

$3.99 GYD 830

$2.16 COP 7,037

84.72%

Local Cheese (1kg)

$14.02 GYD 2,916

$4.39 COP 14.3K

219.36%

Chicken Fillets (1kg)

$6.26 GYD 1,302

$5.88 COP 19.1K

6.46%

Beef Round Steak (1kg)

$9.40 GYD 1,955

$8.64 COP 28.1K

8.80%

Apples (1kg)

$9.65 GYD 2,006

$2.28 COP 7,415

323.25%

Banana (1kg)

$2.56 GYD 533

$1.11 COP 3,599

130.63%

Oranges (1kg)

$3.26 GYD 677

$1.53 COP 4,976

113.07%

Tomato (1kg)

$6.51 GYD 1,353

$1.35 COP 4,405

382.22%

Potato (1kg)

$2.50 GYD 519

$1.13 COP 3,669

121.24%

Onion (1kg)

$2.91 GYD 605

$1.13 COP 3,687

157.52%

Lettuce (1 head)

$2.26 GYD 470

$0.85 COP 2,749

165.88%

Water (1.5 liter bottle)

$1.45 GYD 301

$0.91 COP 2,971

59.34%

Cigarettes 20 Pack (Marlboro, Camel)

$2.71 GYD 564

$2.34 COP 7,619

15.81%

Wine (Bottle)

$17.04 GYD 3,544

$12.37 COP 40.2K

37.75%

Local Beer (0.5 liter bottle)

$1.69 GYD 352

$1.20 COP 3,904

40.83%

Imported Beer (0.33 liter bottle)

$2.54 GYD 529

$2.49 COP 8,094

2.01%

One-way Ticket (Public Transport)

$0.59 GYD 123

$0.84 COP 2,724

-29.76%

Public Transport Monthly Pass (Regular Price)

$28.90 GYD 6,010

$40.57 COP 131.9K

-28.77%

Taxi Start (Normal Tariff)

$3.12 GYD 650

$1.42 COP 4,617

119.72%

Taxi (Normal Tariff) (1km)

$3.27 GYD 680

$1.92 COP 6,227

70.31%

Taxi 1hour Waiting (Normal Tariff)

$11.88 GYD 2,470

$7.66 COP 24.9K

55.09%

Gasoline (1 liter)

$1.00 GYD 208

$0.99 COP 3,219

1.01%

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

$22.6K GYD 4.7M

$18.0K COP 58.6M

25.19%

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

$17.7K GYD 3.7M

$26.6K COP 86.6M

-33.62%

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

$91.3 GYD 19.0K

$80.8 COP 262.7K

12.96%

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

$26.96 GYD 5,607

$9.95 COP 32.3K

170.95%

Internet (50+ Mbps, Unlimited Data)

$51.8 GYD 10.8K

$24.18 COP 78.6K

114.14%

Gym Membership (Monthly)

$39.09 GYD 8,129

$25.08 COP 81.5K

55.86%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$6.88 GYD 1,431

$3.98 COP 13.0K

72.86%

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

$1,016 GYD 211.4K

$305 COP 992.2K

232.99%

International Primary School, 1 Child (Yearly)

$22.9K GYD 4.8M

$6,059 COP 19.7M

278.73%

Jeans (Levis 501 Or Similar)

$33.82 GYD 7,034

$58.1 COP 189.0K

-41.82%

Summer Dress (H&M, Zara, etc)

$53.2 GYD 11.1K

$32.20 COP 104.7K

65.34%

Sport Shoes (Adidas, Nike)

$130 GYD 27.0K

$101 COP 327.5K

28.65%

Men's Leather Business Shoes

$75.4 GYD 15.7K

$108 COP 350.3K

-29.99%

1-bedroom Apartment, City Center (Monthly)

$783 GYD 162.7K

$477 COP 1.5M

64.19%

1-bedroom Apartment, Outside City Center (Monthly)

$323 GYD 67.2K

$376 COP 1.2M

-14.10%

3-bedroom Apartment, City Center (Monthly)

$2,442 GYD 507.8K

$845 COP 2.7M

189.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,146 GYD 238.3K

$730 COP 2.4M

56.88%

Buy Apartment in City Center (m2)

$3,584 GYD 745.4K

$3,215 COP 10.5M

11.46%

Buy Apartment Outside City Center (m2)

$1,551 GYD 322.6K

$1,372 COP 4.5M

13.02%

Average Monthly Net Salary (After Tax)

$514 GYD 107.0K

$617 COP 2.0M

-16.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

7.5

13.43

-44.15%

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

Last update for Georgetown: July 11, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $783 in Georgetown versus $477 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 20% higher in Medellin, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $71.0 in Georgetown versus $33.00 in Medellin. Monthly groceries follow the same trend: $376 vs $193 – making Medellin the more affordable choice for daily food spending.

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

Georgetown vs Medellin: Cost of Living - Frequently Asked Questions

Georgetown costs about 28% more than Medellin, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,975 per month in Georgetown and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 40% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,016 per month in Georgetown and $305 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Georgetown at $1,317. In Medellin it covers expenses comfortably, while in Georgetown it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,031 versus $1,317 in Georgetown. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Georgetown makes more sense. Both are solid long-term options with distinct trade-offs.