Cost of Living Comparison Between Gibraltar and Medellin Cost of Living Comparison Between Gibraltar and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $2,816 in Gibraltar versus $1,031 in Medellin.

Estimated couple costs with rent: $4,441 in Gibraltar versus $1,599 in Medellin.

Monthly costs for a family of three with rent: $6,065 in Gibraltar versus $2,167 in Medellin.

Living in Gibraltar is roughly 173% more expensive than in Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Gibraltar is 111% above, Medellin is 23% below.

Meal at Budget Restaurant

$20.65 GIP 15.36

$6.16 COP 20.0K

235.23%

Three-Course Dinner for Two, Mid-Range

$108 GIP 80.5

$32.60 COP 106.0K

232.06%

Fast Food Meal (McDonalds, etc)

$14.65 GIP 10.90

$7.34 COP 23.9K

99.59%

Cappuccino

$3.53 GIP 2.63

$1.72 COP 5,592

105.23%

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

$1.73 GIP 1.28

$1.05 COP 3,416

64.76%

Water (0.33 liter bottle)

$1.96 GIP 1.45

$0.77 COP 2,511

154.55%

Local Beer (0.5 liter draught)

$5.50 GIP 4.09

$1.69 COP 5,480

225.44%

Imported Beer (0.33 liter bottle)

$4.35 GIP 3.24

$3.17 COP 10.3K

37.22%

Milk (1 liter)

$1.96 GIP 1.46

$1.05 COP 3,418

86.67%

White Bread (500g)

$2.04 GIP 1.52

$1.30 COP 4,230

56.92%

Rice (white) (1kg)

$3.71 GIP 2.76

$1.40 COP 4,538

165.00%

Eggs

$5.18 GIP 3.85

$2.16 COP 7,037

139.81%

Local Cheese (1kg)

$10.67 GIP 7.93

$4.39 COP 14.3K

143.05%

Chicken Fillets (1kg)

$8.75 GIP 6.50

$5.88 COP 19.1K

48.81%

Beef Round Steak (1kg)

$14.28 GIP 10.62

$8.64 COP 28.1K

65.28%

Apples (1kg)

$3.53 GIP 2.62

$2.28 COP 7,415

54.82%

Banana (1kg)

$3.32 GIP 2.47

$1.11 COP 3,599

199.10%

Oranges (1kg)

$3.71 GIP 2.76

$1.53 COP 4,976

142.48%

Tomato (1kg)

$2.91 GIP 2.16

$1.35 COP 4,405

115.56%

Potato (1kg)

$2.60 GIP 1.93

$1.13 COP 3,669

130.09%

Onion (1kg)

$2.34 GIP 1.74

$1.13 COP 3,687

107.08%

Lettuce (1 head)

$1.77 GIP 1.31

$0.85 COP 2,749

108.24%

Water (1.5 liter bottle)

$1.13 GIP 0.84

$0.91 COP 2,971

24.18%

Cigarettes 20 Pack (Marlboro, Camel)

$4.75 GIP 3.53

$2.34 COP 7,619

102.99%

Wine (Bottle)

$11.51 GIP 8.56

$12.37 COP 40.2K

-6.95%

Local Beer (0.5 liter bottle)

$2.36 GIP 1.75

$1.20 COP 3,904

96.67%

Imported Beer (0.33 liter bottle)

$2.32 GIP 1.72

$2.49 COP 8,094

-6.83%

One-way Ticket (Public Transport)

$2.42 GIP 1.80

$0.84 COP 2,724

188.10%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 131.9K

Taxi Start (Normal Tariff)

$9.40 GIP 6.99

$1.42 COP 4,617

561.97%

Taxi (Normal Tariff) (1km)

$2.57 GIP 1.91

$1.92 COP 6,227

33.85%

Taxi 1hour Waiting (Normal Tariff)

$13.77 GIP 10.24

$7.66 COP 24.9K

79.77%

Gasoline (1 liter)

$1.58 GIP 1.18

$0.99 COP 3,219

59.60%

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

$46.4K GIP 34.5K

$18.0K COP 58.6M

157.48%

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

$31.4K GIP 23.4K

$26.6K COP 86.6M

18.10%

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

$134 GIP 99.5

$80.8 COP 262.7K

65.62%

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

$33.28 GIP 24.75

$9.95 COP 32.3K

234.47%

Internet (50+ Mbps, Unlimited Data)

$63.9 GIP 47.51

$24.18 COP 78.6K

164.23%

Gym Membership (Monthly)

$79.4 GIP 59.1

$25.08 COP 81.5K

216.63%

Tennis Court (1 Hour on Weekend)

$3.37 GIP 2.50

$19.15 COP 62.3K

-82.40%

Cinema Ticket

$13.51 GIP 10.05

$3.98 COP 13.0K

239.45%

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

$782 GIP 581

$305 COP 992.2K

156.08%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$137 GIP 102

$58.1 COP 189.0K

136.16%

Summer Dress (H&M, Zara, etc)

$44.29 GIP 32.94

$32.20 COP 104.7K

37.55%

Sport Shoes (Adidas, Nike)

$100 GIP 74.7

$101 COP 327.5K

-0.26%

Men's Leather Business Shoes

$95.3 GIP 70.9

$108 COP 350.3K

-11.56%

1-bedroom Apartment, City Center (Monthly)

$1,778 GIP 1,322

$477 COP 1.5M

273.09%

1-bedroom Apartment, Outside City Center (Monthly)

$1,672 GIP 1,244

$376 COP 1.2M

344.57%

3-bedroom Apartment, City Center (Monthly)

$3,622 GIP 2,694

$845 COP 2.7M

328.84%

3-bedroom Apartment, Outside City Center (Monthly)

$3,198 GIP 2,379

$730 COP 2.4M

337.89%

Buy Apartment in City Center (m2)

$13.5K GIP 10.0K

$3,215 COP 10.5M

320.10%

Buy Apartment Outside City Center (m2)

$7,997 GIP 5,947

$1,372 COP 4.5M

482.74%

Average Monthly Net Salary (After Tax)

$2,839 GIP 2,112

$617 COP 2.0M

360.34%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.6

13.43

-73.19%

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

Last update for Gibraltar: July 13, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,778 in Gibraltar and $477 in Medellin. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 360% 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: $108 in Gibraltar vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $334 vs $193 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

Gibraltar vs Medellin: Cost of Living - Frequently Asked Questions

Gibraltar and Medellin differ by about 173% in total monthly costs ($2,816 vs $1,031 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 360% higher in Gibraltar, 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: $1,778 in Gibraltar versus $477 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 73% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,816 per month in Gibraltar versus $1,031 in Medellin – a 173% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,031 in Medellin versus $2,816 in Gibraltar, a $1,500 budget is realistic in Medellin but tight or insufficient in Gibraltar. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Gibraltar and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 173% less than in Gibraltar. Beyond cost, consider language, visa policies, and how big the international community is in each city.