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: $2,906 in Gibraltar versus $1,641 in Medellin.

Estimated couple costs with rent: $4,623 in Gibraltar versus $2,447 in Medellin.

Monthly costs for a family of three with rent: $6,340 in Gibraltar versus $3,253 in Medellin.

Living in Gibraltar is roughly 77% more expensive than in Medellin, driven mainly by Eating Out.

Both cities are pricier than the global median: Gibraltar 111% above, Medellin 19% above.

Meal at Budget Restaurant

$20.55 GIP 15.20

$8.04 COP 24.8K

155.60%

Three-Course Dinner for Two, Mid-Range

$101 GIP 74.4

$48.29 COP 148.6K

108.26%

Fast Food Meal (McDonalds, etc)

$17.72 GIP 13.10

$9.42 COP 29.0K

88.11%

Cappuccino

$4.08 GIP 3.01

$2.94 COP 9,040

38.78%

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

$2.40 GIP 1.77

$1.86 COP 5,735

29.03%

Water (0.33 liter bottle)

$2.07 GIP 1.53

$1.46 COP 4,479

41.78%

Local Beer (0.5 liter draught)

$5.55 GIP 4.10

$3.21 COP 9,882

72.90%

Imported Beer (0.33 liter bottle)

$4.63 GIP 3.43

$5.71 COP 17.6K

-18.91%

Milk (1 liter)

$1.88 GIP 1.39

$1.44 COP 4,428

30.56%

White Bread (500g)

$2.56 GIP 1.89

$2.40 COP 7,389

6.67%

Rice (white) (1kg)

$3.54 GIP 2.62

$1.70 COP 5,228

108.24%

Eggs

$6.51 GIP 4.82

$2.89 COP 8,896

125.26%

Local Cheese (1kg)

$12.22 GIP 9.03

$10.06 COP 30.9K

21.47%

Chicken Fillets (1kg)

$8.57 GIP 6.34

$9.97 COP 30.7K

-14.04%

Beef Round Steak (1kg)

$18.18 GIP 13.45

$14.20 COP 43.7K

28.03%

Apples (1kg)

$3.00 GIP 2.22

$3.98 COP 12.3K

-24.62%

Banana (1kg)

$3.02 GIP 2.23

$1.58 COP 4,878

91.14%

Oranges (1kg)

$3.70 GIP 2.73

$2.15 COP 6,624

72.09%

Tomato (1kg)

$3.33 GIP 2.46

$2.30 COP 7,078

44.78%

Potato (1kg)

$2.86 GIP 2.12

$2.00 COP 6,169

43.00%

Onion (1kg)

$2.11 GIP 1.56

$1.51 COP 4,646

39.74%

Lettuce (1 head)

$1.84 GIP 1.36

$1.20 COP 3,701

53.33%

Water (1.5 liter bottle)

$1.51 GIP 1.11

$1.28 COP 3,946

17.97%

Cigarettes 20 Pack (Marlboro, Camel)

$5.39 GIP 3.99

$3.84 COP 11.8K

40.36%

Wine (Bottle)

$11.64 GIP 8.61

$14.01 COP 43.1K

-16.92%

Local Beer (0.5 liter bottle)

$2.76 GIP 2.04

$1.71 COP 5,256

61.40%

Imported Beer (0.33 liter bottle)

$3.21 GIP 2.37

$2.74 COP 8,440

17.15%

One-way Ticket (Public Transport)

$3.30 GIP 2.44

$1.25 COP 3,834

164.00%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

Taxi Start (Normal Tariff)

$13.75 GIP 10.17

$1.31 COP 4,016

949.62%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

Taxi 1hour Waiting (Normal Tariff)

$13.78 GIP 10.19

$8.29 COP 25.5K

66.22%

Gasoline (1 liter)

$1.51 GIP 1.12

$1.36 COP 4,172

11.03%

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

$49.9K GIP 36.9K

$27.5K COP 84.5M

81.52%

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

$30.3K GIP 22.4K

$36.5K COP 112.4M

-17.01%

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

$171 GIP 127

$169 COP 519.2K

1.41%

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

$27.18 GIP 20.10

$13.57 COP 41.8K

100.29%

Internet (50+ Mbps, Unlimited Data)

$68.6 GIP 50.7

$28.32 COP 87.2K

142.34%

Gym Membership (Monthly)

$81.3 GIP 60.1

$45.71 COP 140.7K

77.88%

Tennis Court (1 Hour on Weekend)

$22.87 GIP 16.91

$17.22 COP 53.0K

32.81%

Cinema Ticket

$13.59 GIP 10.05

$6.65 COP 20.5K

104.36%

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

$1,147 GIP 848

$803 COP 2.5M

42.74%

International Primary School, 1 Child (Yearly)

$21.5K GIP 15.9K

$9,190 COP 28.3M

133.93%

Jeans (Levis 501 Or Similar)

$140 GIP 104

$87.4 COP 268.8K

60.24%

Summer Dress (H&M, Zara, etc)

$67.9 GIP 50.2

$59.4 COP 182.7K

14.37%

Sport Shoes (Adidas, Nike)

$123 GIP 91.1

$139 COP 427.5K

-11.31%

Men's Leather Business Shoes

$151 GIP 112

$102 COP 314.0K

47.88%

1-bedroom Apartment, City Center (Monthly)

$2,235 GIP 1,653

$1,071 COP 3.3M

108.71%

1-bedroom Apartment, Outside City Center (Monthly)

$1,661 GIP 1,228

$653 COP 2.0M

154.40%

3-bedroom Apartment, City Center (Monthly)

$3,924 GIP 2,902

$1,925 COP 5.9M

103.87%

3-bedroom Apartment, Outside City Center (Monthly)

$3,242 GIP 2,397

$1,048 COP 3.2M

209.36%

Buy Apartment in City Center (m2)

$13.6K GIP 10.0K

$4,123 COP 12.7M

229.52%

Buy Apartment Outside City Center (m2)

$8,123 GIP 6,006

$1,697 COP 5.2M

378.54%

Average Monthly Net Salary (After Tax)

$2,488 GIP 1,840

$655 COP 2.0M

279.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.13

10.94

-43.97%

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

Last update for Gibraltar: September 5, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $2,235 in Gibraltar and $1,071 in Medellin. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 280% 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: $101 in Gibraltar vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $365 vs $300 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 77% in total monthly costs ($2,906 vs $1,641 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 280% 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: $2,235 in Gibraltar versus $1,071 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 22% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,906 per month in Gibraltar versus $1,641 in Medellin – a 77% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,641 in Medellin versus $2,906 in Gibraltar, a $2,500 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 77% less than in Gibraltar. Beyond cost, consider language, visa policies, and how big the international community is in each city.