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 $1,013 in Medellin, rent included.

A couple spends around $2,426 per month in Georgetown vs $1,602 in Medellin, rent included.

A family of three spends $3,535 per month in Georgetown vs $2,192 in Medellin, rent included.

Georgetown costs about 30% more than Medellin, driven mainly by Groceries & Markets.

Both Georgetown and Medellin are more affordable than the global median – Georgetown 2% lower, Medellin 24% lower.

Meal at Budget Restaurant

$11.78 GYD 2,449

$5.99 COP 21.4K

96.66%

Three-Course Dinner for Two, Mid-Range

$72.5 GYD 15.1K

$32.86 COP 117.4K

120.51%

Fast Food Meal (McDonalds, etc)

$8.59 GYD 1,786

$7.09 COP 25.3K

21.16%

Cappuccino

$5.16 GYD 1,073

$1.71 COP 6,115

201.75%

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

$1.19 GYD 247

$1.10 COP 3,924

8.18%

Water (0.33 liter bottle)

$0.65 GYD 135

$0.78 COP 2,781

-16.67%

Local Beer (0.5 liter draught)

$2.06 GYD 428

$1.68 COP 5,997

22.62%

Imported Beer (0.33 liter bottle)

$2.35 GYD 488

$3.07 COP 11.0K

-23.45%

Milk (1 liter)

$3.36 GYD 699

$1.09 COP 3,906

208.26%

White Bread (500g)

$2.14 GYD 445

$1.26 COP 4,508

69.84%

Rice (white) (1kg)

$1.89 GYD 393

$1.38 COP 4,922

36.96%

Eggs

$4.00 GYD 831

$2.19 COP 7,827

82.65%

Local Cheese (1kg)

$13.94 GYD 2,898

$4.40 COP 15.7K

216.82%

Chicken Fillets (1kg)

$6.17 GYD 1,283

$5.63 COP 20.1K

9.59%

Beef Round Steak (1kg)

$9.42 GYD 1,958

$8.89 COP 31.8K

5.96%

Apples (1kg)

$9.36 GYD 1,947

$2.34 COP 8,349

300.00%

Banana (1kg)

$2.60 GYD 541

$1.06 COP 3,777

145.28%

Oranges (1kg)

$3.23 GYD 671

$1.50 COP 5,374

115.33%

Tomato (1kg)

$6.26 GYD 1,301

$1.38 COP 4,924

353.62%

Potato (1kg)

$2.40 GYD 498

$1.15 COP 4,111

108.70%

Onion (1kg)

$3.01 GYD 627

$1.16 COP 4,155

159.48%

Lettuce (1 head)

$2.29 GYD 475

$0.89 COP 3,182

157.30%

Water (1.5 liter bottle)

$1.44 GYD 300

$0.84 COP 2,997

71.43%

Cigarettes 20 Pack (Marlboro, Camel)

$2.57 GYD 535

$2.28 COP 8,145

12.72%

Wine (Bottle)

$17.05 GYD 3,544

$10.64 COP 38.0K

60.24%

Local Beer (0.5 liter bottle)

$1.75 GYD 363

$1.20 COP 4,284

45.83%

Imported Beer (0.33 liter bottle)

$2.45 GYD 509

$2.47 COP 8,824

-0.81%

One-way Ticket (Public Transport)

$0.61 GYD 126

$0.86 COP 3,056

-29.07%

Public Transport Monthly Pass (Regular Price)

$29.07 GYD 6,043

$41.40 COP 147.9K

-29.78%

Taxi Start (Normal Tariff)

$3.20 GYD 664

$1.47 COP 5,264

117.69%

Taxi (Normal Tariff) (1km)

$3.29 GYD 684

$1.96 COP 7,009

67.86%

Taxi 1hour Waiting (Normal Tariff)

$12.07 GYD 2,509

$7.74 COP 27.6K

55.94%

Gasoline (1 liter)

$1.04 GYD 216

$0.95 COP 3,409

9.47%

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

$22.0K GYD 4.6M

$18.1K COP 64.7M

21.27%

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

$17.3K GYD 3.6M

$26.5K COP 94.6M

-34.60%

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

$90.5 GYD 18.8K

$82.3 COP 293.7K

10.03%

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

$27.39 GYD 5,695

$9.50 COP 33.9K

188.32%

Internet (50+ Mbps, Unlimited Data)

$51.1 GYD 10.6K

$24.23 COP 86.5K

111.06%

Gym Membership (Monthly)

$39.07 GYD 8,122

$25.89 COP 92.4K

50.91%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

Cinema Ticket

$6.55 GYD 1,362

$3.93 COP 14.0K

66.67%

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

$1,023 GYD 212.6K

$309 COP 1.1M

230.57%

International Primary School, 1 Child (Yearly)

$22.9K GYD 4.8M

$5,965 COP 21.3M

283.34%

Jeans (Levis 501 Or Similar)

$34.88 GYD 7,251

$58.7 COP 209.5K

-40.54%

Summer Dress (H&M, Zara, etc)

$52.0 GYD 10.8K

$32.35 COP 115.5K

60.77%

Sport Shoes (Adidas, Nike)

$130 GYD 27.1K

$103 COP 366.4K

27.09%

Men's Leather Business Shoes

$77.7 GYD 16.2K

$108 COP 387.2K

-28.32%

1-bedroom Apartment, City Center (Monthly)

$793 GYD 164.8K

$476 COP 1.7M

66.45%

1-bedroom Apartment, Outside City Center (Monthly)

$315 GYD 65.6K

$379 COP 1.4M

-16.75%

3-bedroom Apartment, City Center (Monthly)

$2,481 GYD 515.8K

$838 COP 3.0M

195.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,191 GYD 247.6K

$724 COP 2.6M

64.56%

Buy Apartment in City Center (m2)

$3,505 GYD 728.7K

$2,791 COP 10.0M

25.62%

Buy Apartment Outside City Center (m2)

$1,573 GYD 327.0K

$1,211 COP 4.3M

29.87%

Average Monthly Net Salary (After Tax)

$517 GYD 107.4K

$512 COP 1.8M

0.96%

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: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $793 in Georgetown versus $476 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 1% higher in Georgetown, 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 $72.0 in Georgetown versus $33.00 in Medellin. Monthly groceries follow the same trend: $373 vs $188 – 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 30% 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 $1,976 per month in Georgetown and $1,519 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 42% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,023 per month in Georgetown and $309 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 $1,013, 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 $1,013 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.