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

Monthly Cost of Living

Monthly costs for one person with rent: $1,190 in Georgetown versus $1,031 in Medellin.

Estimated couple costs with rent: $1,997 in Georgetown versus $1,599 in Medellin.

Monthly costs for a family of three with rent: $2,803 in Georgetown versus $2,167 in Medellin.

Living in Georgetown is roughly 15% more expensive than in Medellin, driven mainly by Groceries & Markets.

Both cities sit below the global median: Georgetown 11% lower, Medellin 23% lower.

Meal at Budget Restaurant

$7.58 EC$20.46

$6.16 COP 20.1K

23.05%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

Fast Food Meal (McDonalds, etc)

$10.88 EC$29.38

$7.34 COP 23.9K

48.23%

Cappuccino

$1.72 COP 5,600

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

$1.52 EC$4.11

$1.05 COP 3,420

44.76%

Water (0.33 liter bottle)

$1.84 EC$4.96

$0.77 COP 2,515

138.96%

Local Beer (0.5 liter draught)

$1.51 EC$4.09

$1.69 COP 5,488

-10.65%

Imported Beer (0.33 liter bottle)

$3.68 EC$9.93

$3.17 COP 10.3K

16.09%

Milk (1 liter)

$2.47 EC$6.67

$1.05 COP 3,423

135.24%

White Bread (500g)

$1.62 EC$4.36

$1.30 COP 4,236

24.62%

Rice (white) (1kg)

$1.66 EC$4.48

$1.40 COP 4,544

18.57%

Eggs

$4.31 EC$11.64

$2.16 COP 7,047

99.54%

Local Cheese (1kg)

$9.75 EC$26.33

$4.39 COP 14.3K

122.10%

Chicken Fillets (1kg)

$4.80 EC$12.95

$5.88 COP 19.1K

-18.37%

Beef Round Steak (1kg)

$14.54 EC$39.27

$8.64 COP 28.1K

68.29%

Apples (1kg)

$18.63 EC$50.3

$2.28 COP 7,426

717.11%

Banana (1kg)

$1.11 COP 3,604

Oranges (1kg)

$8.08 EC$21.82

$1.53 COP 4,983

428.10%

Tomato (1kg)

$6.65 EC$17.96

$1.35 COP 4,410

392.59%

Potato (1kg)

$6.35 EC$17.14

$1.13 COP 3,674

461.95%

Onion (1kg)

$4.10 EC$11.08

$1.13 COP 3,692

262.83%

Lettuce (1 head)

$3.67 EC$9.92

$0.85 COP 2,753

331.76%

Water (1.5 liter bottle)

$2.91 EC$7.87

$0.91 COP 2,975

219.78%

Cigarettes 20 Pack (Marlboro, Camel)

$5.98 EC$16.15

$2.34 COP 7,630

155.56%

Wine (Bottle)

$12.37 COP 40.3K

Local Beer (0.5 liter bottle)

$2.68 EC$7.23

$1.20 COP 3,909

123.33%

Imported Beer (0.33 liter bottle)

$3.76 EC$10.15

$2.49 COP 8,104

51.00%

One-way Ticket (Public Transport)

$2.65 EC$7.16

$0.84 COP 2,728

215.48%

Public Transport Monthly Pass (Regular Price)

$110 EC$298

$40.57 COP 132.1K

171.58%

Taxi Start (Normal Tariff)

$1.42 COP 4,623

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

Taxi 1hour Waiting (Normal Tariff)

$37.02 EC$100.0

$7.66 COP 24.9K

383.29%

Gasoline (1 liter)

$0.99 COP 3,223

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

$36.6K EC$98.9K

$18.0K COP 58.7M

103.07%

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

$26.6K COP 86.7M

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

$80.8 COP 263.1K

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

$9.95 COP 32.4K

Internet (50+ Mbps, Unlimited Data)

$55.0 EC$149

$24.18 COP 78.7K

127.58%

Gym Membership (Monthly)

$22.27 EC$60.1

$25.08 COP 81.7K

-11.20%

Tennis Court (1 Hour on Weekend)

$18.26 EC$49.30

$19.15 COP 62.3K

-4.65%

Cinema Ticket

$7.44 EC$20.08

$3.98 COP 13.0K

86.93%

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

$186 EC$502

$305 COP 993.5K

-39.06%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$74.1 EC$200

$58.1 COP 189.2K

27.44%

Summer Dress (H&M, Zara, etc)

$110 EC$298

$32.20 COP 104.8K

242.92%

Sport Shoes (Adidas, Nike)

$184 EC$496

$101 COP 327.9K

82.45%

Men's Leather Business Shoes

$149 EC$401

$108 COP 350.8K

37.92%

1-bedroom Apartment, City Center (Monthly)

$294 EC$793

$477 COP 1.6M

-38.39%

1-bedroom Apartment, Outside City Center (Monthly)

$224 EC$606

$376 COP 1.2M

-40.38%

3-bedroom Apartment, City Center (Monthly)

$3,083 EC$8,323

$845 COP 2.7M

264.96%

3-bedroom Apartment, Outside City Center (Monthly)

$661 EC$1,784

$730 COP 2.4M

-9.52%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

-10.65%

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 one-bedroom apartment in the center runs $294 in Georgetown and $477 in Medellin. Housing cost is often the main lever when comparing two cities.

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 is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Getting Around, Monthly Utilities & Internet. The 15% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,786 in Georgetown and $1,546 in Medellin to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $294 in Georgetown versus $477 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $186 in Georgetown versus $305 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

A monthly transit pass in Medellin runs roughly 172% less than in Georgetown. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,031 in Medellin versus $1,190 in Georgetown, a $1,500 budget is realistic in Medellin but tight or insufficient in Georgetown. 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 Georgetown, 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 15% less than in Georgetown. Beyond cost, consider language, visa policies, and how big the international community is in each city.