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: $2,769 in Gibraltar versus $1,013 in Medellin.

Estimated couple costs with rent: $4,382 in Gibraltar versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $5,994 in Gibraltar versus $2,192 in Medellin.

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

The two cities straddle the global median: Gibraltar is 107% above, Medellin is 24% below.

Meal at Budget Restaurant

$20.15 GIP 14.96

$5.99 COP 21.4K

236.39%

Three-Course Dinner for Two, Mid-Range

$110 GIP 82.0

$32.86 COP 117.4K

235.94%

Fast Food Meal (McDonalds, etc)

$14.33 GIP 10.64

$7.09 COP 25.3K

102.12%

Cappuccino

$3.48 GIP 2.58

$1.71 COP 6,115

103.51%

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

$1.64 GIP 1.22

$1.10 COP 3,924

49.09%

Water (0.33 liter bottle)

$1.94 GIP 1.44

$0.78 COP 2,781

148.72%

Local Beer (0.5 liter draught)

$5.45 GIP 4.04

$1.68 COP 5,997

224.40%

Imported Beer (0.33 liter bottle)

$4.32 GIP 3.21

$3.07 COP 11.0K

40.72%

Milk (1 liter)

$1.99 GIP 1.47

$1.09 COP 3,906

82.57%

White Bread (500g)

$1.96 GIP 1.46

$1.26 COP 4,508

55.56%

Rice (white) (1kg)

$3.69 GIP 2.74

$1.38 COP 4,922

167.39%

Eggs

$5.21 GIP 3.87

$2.19 COP 7,827

137.90%

Local Cheese (1kg)

$10.86 GIP 8.07

$4.40 COP 15.7K

146.82%

Chicken Fillets (1kg)

$9.08 GIP 6.74

$5.63 COP 20.1K

61.28%

Beef Round Steak (1kg)

$13.91 GIP 10.32

$8.89 COP 31.8K

56.47%

Apples (1kg)

$3.56 GIP 2.64

$2.34 COP 8,349

52.14%

Banana (1kg)

$3.47 GIP 2.58

$1.06 COP 3,777

227.36%

Oranges (1kg)

$3.66 GIP 2.72

$1.50 COP 5,374

144.00%

Tomato (1kg)

$2.94 GIP 2.18

$1.38 COP 4,924

113.04%

Potato (1kg)

$2.65 GIP 1.97

$1.15 COP 4,111

130.43%

Onion (1kg)

$2.33 GIP 1.73

$1.16 COP 4,155

100.86%

Lettuce (1 head)

$1.78 GIP 1.32

$0.89 COP 3,182

100.00%

Water (1.5 liter bottle)

$1.12 GIP 0.84

$0.84 COP 2,997

33.33%

Cigarettes 20 Pack (Marlboro, Camel)

$4.84 GIP 3.59

$2.28 COP 8,145

112.28%

Wine (Bottle)

$11.40 GIP 8.46

$10.64 COP 38.0K

7.14%

Local Beer (0.5 liter bottle)

$2.47 GIP 1.83

$1.20 COP 4,284

105.83%

Imported Beer (0.33 liter bottle)

$2.36 GIP 1.75

$2.47 COP 8,824

-4.45%

One-way Ticket (Public Transport)

$2.43 GIP 1.80

$0.86 COP 3,056

182.56%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$9.71 GIP 7.21

$1.47 COP 5,264

560.54%

Taxi (Normal Tariff) (1km)

$2.48 GIP 1.84

$1.96 COP 7,009

26.53%

Taxi 1hour Waiting (Normal Tariff)

$13.37 GIP 9.93

$7.74 COP 27.6K

72.74%

Gasoline (1 liter)

$1.61 GIP 1.20

$0.95 COP 3,409

69.47%

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

$46.6K GIP 34.6K

$18.1K COP 64.7M

156.99%

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

$31.8K GIP 23.6K

$26.5K COP 94.6M

20.25%

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

$134 GIP 99.4

$82.3 COP 293.7K

62.83%

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

$33.38 GIP 24.78

$9.50 COP 33.9K

251.37%

Internet (50+ Mbps, Unlimited Data)

$64.3 GIP 47.74

$24.23 COP 86.5K

165.37%

Gym Membership (Monthly)

$79.6 GIP 59.1

$25.89 COP 92.4K

207.45%

Tennis Court (1 Hour on Weekend)

$3.46 GIP 2.57

$19.00 COP 67.9K

-81.79%

Cinema Ticket

$13.79 GIP 10.24

$3.93 COP 14.0K

250.89%

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

$799 GIP 594

$309 COP 1.1M

158.38%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$137 GIP 102

$58.7 COP 209.5K

133.70%

Summer Dress (H&M, Zara, etc)

$45.81 GIP 34.01

$32.35 COP 115.5K

41.61%

Sport Shoes (Adidas, Nike)

$102 GIP 75.5

$103 COP 366.4K

-0.83%

Men's Leather Business Shoes

$96.2 GIP 71.4

$108 COP 387.2K

-11.33%

1-bedroom Apartment, City Center (Monthly)

$1,788 GIP 1,327

$476 COP 1.7M

275.48%

1-bedroom Apartment, Outside City Center (Monthly)

$1,661 GIP 1,233

$379 COP 1.4M

338.60%

3-bedroom Apartment, City Center (Monthly)

$3,611 GIP 2,681

$838 COP 3.0M

330.76%

3-bedroom Apartment, Outside City Center (Monthly)

$3,235 GIP 2,402

$724 COP 2.6M

346.92%

Buy Apartment in City Center (m2)

$13.6K GIP 10.1K

$2,791 COP 10.0M

386.31%

Buy Apartment Outside City Center (m2)

$8,004 GIP 5,942

$1,211 COP 4.3M

560.76%

Average Monthly Net Salary (After Tax)

$2,861 GIP 2,124

$512 COP 1.8M

459.04%

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: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,788 in Gibraltar and $476 in Medellin. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 459% 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: $110 in Gibraltar vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $336 vs $188 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 ($2,769 vs $1,013 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Gibraltar pays 459% more on average, 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: $1,788 in Gibraltar versus $476 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 78% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,769 per month in Gibraltar versus $1,013 in Medellin – a 173% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,013 in Medellin versus $2,769 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.