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

Monthly Cost of Living

A single person spends $1,637 per month in Georgetown vs $1,716 in Medellin, rent included.

A couple spends around $2,760 per month in Georgetown vs $2,527 in Medellin, rent included.

A family of three spends $3,884 per month in Georgetown vs $3,338 in Medellin, rent included.

Georgetown is about 5% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Georgetown and Medellin sit above the global median – Georgetown by 19%, Medellin by 25%.

Meal at Budget Restaurant

$17.79 GYD 3,699

$8.03 COP 25.3K

121.54%

Three-Course Dinner for Two, Mid-Range

$70.6 GYD 14.7K

$48.26 COP 152.0K

46.33%

Fast Food Meal (McDonalds, etc)

$9.56 GYD 1,988

$9.77 COP 30.8K

-2.15%

Cappuccino

$5.74 GYD 1,194

$2.91 COP 9,167

97.25%

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

$1.22 GYD 254

$1.94 COP 6,122

-37.11%

Water (0.33 liter bottle)

$0.62 GYD 128

$1.52 COP 4,792

-59.21%

Local Beer (0.5 liter draught)

$1.88 GYD 391

$3.09 COP 9,740

-39.16%

Imported Beer (0.33 liter bottle)

$3.43 GYD 713

$5.74 COP 18.1K

-40.24%

Milk (1 liter)

$3.31 GYD 688

$1.36 COP 4,296

143.38%

White Bread (500g)

$2.14 GYD 444

$2.39 COP 7,519

-10.46%

Rice (white) (1kg)

$2.00 GYD 415

$1.70 COP 5,356

17.65%

Eggs

$4.18 GYD 869

$2.87 COP 9,038

45.64%

Local Cheese (1kg)

$15.60 GYD 3,245

$9.94 COP 31.3K

56.94%

Chicken Fillets (1kg)

$7.14 GYD 1,485

$10.78 COP 34.0K

-33.77%

Beef Round Steak (1kg)

$9.13 GYD 1,899

$14.73 COP 46.4K

-38.02%

Apples (1kg)

$8.09 GYD 1,682

$4.09 COP 12.9K

97.80%

Banana (1kg)

$3.94 GYD 820

$1.57 COP 4,950

150.96%

Oranges (1kg)

$3.95 GYD 821

$2.13 COP 6,695

85.45%

Tomato (1kg)

$7.00 GYD 1,457

$2.21 COP 6,972

216.74%

Potato (1kg)

$2.44 GYD 508

$2.05 COP 6,447

19.02%

Onion (1kg)

$3.10 GYD 645

$1.50 COP 4,737

106.67%

Lettuce (1 head)

$3.04 GYD 632

$1.19 COP 3,747

155.46%

Water (1.5 liter bottle)

$1.68 GYD 349

$1.16 COP 3,647

44.83%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 GYD 712

$3.90 COP 12.3K

-12.31%

Wine (Bottle)

$16.81 GYD 3,496

$14.44 COP 45.5K

16.41%

Local Beer (0.5 liter bottle)

$1.84 GYD 383

$1.58 COP 4,987

16.46%

Imported Beer (0.33 liter bottle)

$2.62 GYD 546

$2.83 COP 8,905

-7.42%

One-way Ticket (Public Transport)

$0.55 GYD 115

$1.17 COP 3,679

-52.99%

Public Transport Monthly Pass (Regular Price)

$61.0 GYD 12.7K

$77.7 COP 244.8K

-21.48%

Taxi Start (Normal Tariff)

$4.36 GYD 906

$1.28 COP 4,045

240.63%

Taxi (Normal Tariff) (1km)

$2.33 GYD 484

$2.09 COP 6,589

11.48%

Taxi 1hour Waiting (Normal Tariff)

$11.98 GYD 2,491

$8.62 COP 27.1K

38.98%

Gasoline (1 liter)

$1.02 GYD 212

$1.30 COP 4,088

-21.54%

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

$27.6K GYD 5.7M

$27.7K COP 87.1M

-0.08%

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

$22.8K GYD 4.7M

$35.5K COP 111.8M

-35.81%

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

$122 GYD 25.4K

$176 COP 554.5K

-30.74%

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

$21.33 GYD 4,435

$13.37 COP 42.1K

59.54%

Internet (50+ Mbps, Unlimited Data)

$43.92 GYD 9,133

$29.89 COP 94.1K

46.94%

Gym Membership (Monthly)

$38.59 GYD 8,026

$44.76 COP 141.0K

-13.78%

Tennis Court (1 Hour on Weekend)

$15.11 GYD 3,142

$17.06 COP 53.7K

-11.43%

Cinema Ticket

$6.34 GYD 1,319

$6.20 COP 19.5K

2.26%

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

$1,015 GYD 211.2K

$793 COP 2.5M

27.97%

International Primary School, 1 Child (Yearly)

$19.0K GYD 4.0M

$9,019 COP 28.4M

110.97%

Jeans (Levis 501 Or Similar)

$37.78 GYD 7,858

$85.6 COP 269.6K

-55.87%

Summer Dress (H&M, Zara, etc)

$41.31 GYD 8,591

$58.5 COP 184.1K

-29.35%

Sport Shoes (Adidas, Nike)

$136 GYD 28.3K

$136 COP 429.3K

Men's Leather Business Shoes

$86.5 GYD 18.0K

$103 COP 324.7K

-16.09%

1-bedroom Apartment, City Center (Monthly)

$954 GYD 198.4K

$1,060 COP 3.3M

-9.97%

1-bedroom Apartment, Outside City Center (Monthly)

$514 GYD 106.9K

$680 COP 2.1M

-24.35%

3-bedroom Apartment, City Center (Monthly)

$3,290 GYD 684.2K

$2,012 COP 6.3M

63.51%

3-bedroom Apartment, Outside City Center (Monthly)

$1,312 GYD 272.8K

$1,169 COP 3.7M

12.24%

Buy Apartment in City Center (m2)

$3,628 GYD 754.6K

$4,111 COP 12.9M

-11.75%

Buy Apartment Outside City Center (m2)

$1,559 GYD 324.2K

$1,701 COP 5.4M

-8.38%

Average Monthly Net Salary (After Tax)

$515 GYD 107.2K

$665 COP 2.1M

-22.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.94

10.94

-36.56%

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

Last update for Georgetown: August 29, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $954 in Georgetown versus $1,060 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 29% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $71.0 in Georgetown versus $48.00 in Medellin. Monthly groceries follow the same trend: $398 vs $303 – 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

Medellin costs about 5% more than Georgetown, 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 $2,455 per month in Georgetown and $2,574 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 27% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,015 per month in Georgetown and $793 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,637, than in Medellin at $1,716. In Georgetown it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Georgetown costs $1,637 versus $1,716 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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