Last update: Oct 2026

Cost of Living Comparison Between Gimcheon and Medellin

For one person, living is cheaper in Gimcheon: $1,437 a month against $1,639 in Medellin, rent and utilities included – about $2,400 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

69

Cost of Living Index in Gimcheon
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Gimcheon Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Gimcheon

🇰🇷 South Korea

$1,437

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Gimcheon and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Gimcheon and in Medellin actually costs, broken down by who's living it.

A single person spends $1,437 per month in Gimcheon vs $1,639 in Medellin, rent included.

Gimcheon $1,437
Medellin $1,639

A couple spends around $2,340 per month in Gimcheon vs $2,413 in Medellin, rent included.

Gimcheon $2,340
Medellin $2,413

A family of three spends $3,242 per month in Gimcheon vs $3,186 in Medellin, rent included.

Gimcheon $3,242
Medellin $3,186

Gimcheon is about 12% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Gimcheon and Medellin sit above the global median – Gimcheon by 6%, Medellin by 20%.

Meal at Budget Restaurant

$5.90 ₩7,917

$8.09 COP 25.4K

-27.07%

Three-Course Dinner for Two, Mid-Range

$34.08 ₩45.8K

$47.05 COP 148.0K

-27.57%

Fast Food Meal (McDonalds, etc)

$6.62 ₩8,895

$9.50 COP 29.9K

-30.32%

Cappuccino

$3.59 ₩4,817

$3.01 COP 9,485

19.27%

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

$1.60 ₩2,142

$1.80 COP 5,660

-11.11%

Water (0.33 liter bottle)

$0.63 ₩846

$1.41 COP 4,443

-55.32%

Local Beer (0.5 liter draught)

$3.40 ₩4,565

$3.18 COP 9,990

6.92%

Imported Beer (0.33 liter bottle)

$4.61 ₩6,186

$5.75 COP 18.1K

-19.83%

Milk (1 liter)

$2.32 ₩3,109

$1.51 COP 4,751

53.64%

White Bread (500g)

$3.21 ₩4,309

$2.38 COP 7,480

34.87%

Rice (white) (1kg)

$2.24 ₩3,011

$1.77 COP 5,573

26.55%

Eggs

$3.39 ₩4,549

$2.89 COP 9,093

17.30%

Local Cheese (1kg)

$15.60 ₩21.0K

$10.19 COP 32.1K

53.09%

Chicken Fillets (1kg)

$7.82 ₩10.5K

$9.87 COP 31.1K

-20.77%

Beef Round Steak (1kg)

$11.25 ₩15.1K

$13.99 COP 44.0K

-19.59%

Apples (1kg)

$7.61 ₩10.2K

$3.97 COP 12.5K

91.69%

Banana (1kg)

$3.34 ₩4,491

$1.55 COP 4,883

115.48%

Oranges (1kg)

$7.73 ₩10.4K

$2.18 COP 6,867

254.59%

Tomato (1kg)

$6.84 ₩9,182

$2.18 COP 6,870

213.76%

Potato (1kg)

$3.43 ₩4,603

$1.96 COP 6,174

75.00%

Onion (1kg)

$2.38 ₩3,192

$1.59 COP 5,000

49.69%

Lettuce (1 head)

$2.12 ₩2,845

$1.15 COP 3,604

84.35%

Water (1.5 liter bottle)

$1.35 ₩1,807

$1.24 COP 3,911

8.87%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 ₩4,586

$3.96 COP 12.5K

-13.64%

Wine (Bottle)

$18.52 ₩24.9K

$13.68 COP 43.0K

35.38%

Local Beer (0.5 liter bottle)

$2.23 ₩2,989

$1.66 COP 5,221

34.34%

Imported Beer (0.33 liter bottle)

$3.86 ₩5,183

$2.26 COP 7,103

70.80%

One-way Ticket (Public Transport)

$1.12 ₩1,498

$1.17 COP 3,674

-4.27%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

Taxi Start (Normal Tariff)

$3.04 ₩4,082

$1.27 COP 3,989

139.37%

Taxi (Normal Tariff) (1km)

$0.65 ₩878

$2.05 COP 6,442

-68.29%

Taxi 1hour Waiting (Normal Tariff)

$8.92 ₩12.0K

$8.55 COP 26.9K

4.33%

Gasoline (1 liter)

$1.11 ₩1,492

$1.35 COP 4,237

-17.78%

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

$29.3K ₩39.4M

$34.1K COP 107.2M

-13.97%

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

$35.5K ₩47.7M

$34.7K COP 109.1M

2.47%

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

$209 ₩281.1K

$170 COP 533.7K

23.39%

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

$42.72 ₩57.4K

$13.55 COP 42.6K

215.28%

Internet (50+ Mbps, Unlimited Data)

$20.99 ₩28.2K

$28.07 COP 88.3K

-25.22%

Gym Membership (Monthly)

$52.9 ₩71.0K

$43.70 COP 137.5K

21.03%

Tennis Court (1 Hour on Weekend)

$13.50 ₩18.1K

$17.19 COP 54.1K

-21.47%

Cinema Ticket

$11.21 ₩15.1K

$6.91 COP 21.7K

62.23%

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

$304 ₩407.8K

$797 COP 2.5M

-61.88%

International Primary School, 1 Child (Yearly)

$18.1K ₩24.4M

$9,112 COP 28.7M

99.04%

Jeans (Levis 501 Or Similar)

$66.4 ₩89.2K

$84.7 COP 266.5K

-21.59%

Summer Dress (H&M, Zara, etc)

$63.2 ₩84.9K

$58.0 COP 182.3K

9.04%

Sport Shoes (Adidas, Nike)

$74.4 ₩99.9K

$135 COP 424.6K

-44.87%

Men's Leather Business Shoes

$100 ₩134.9K

$97.9 COP 307.9K

2.63%

1-bedroom Apartment, City Center (Monthly)

$499 ₩670.5K

$1,208 COP 3.8M

-58.66%

1-bedroom Apartment, Outside City Center (Monthly)

$379 ₩509.3K

$642 COP 2.0M

-40.88%

3-bedroom Apartment, City Center (Monthly)

$1,349 ₩1.8M

$2,028 COP 6.4M

-33.46%

3-bedroom Apartment, Outside City Center (Monthly)

$1,020 ₩1.4M

$1,012 COP 3.2M

0.83%

Buy Apartment in City Center (m2)

$8,129 ₩10.9M

$4,170 COP 13.1M

94.94%

Buy Apartment Outside City Center (m2)

$5,412 ₩7.3M

$1,910 COP 6.0M

183.30%

Average Monthly Net Salary (After Tax)

$1,915 ₩2.6M

$657 COP 2.1M

191.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

10.94

-62.52%

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

Last update for Gimcheon: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Gimcheon

$416 29%

Medellin

$297 18.1% 28.6% $119

Accommodation & Living

Gimcheon

$379 26.4%

Medellin

$642 39.1% 69.1% $262

Monthly Utilities & Internet

Gimcheon

$273 19%

Medellin

$211 12.9% 22.6% $62

Eating Out

Gimcheon

$145 10.1%

Medellin

$170 10.4% 16.8% $24

Clothing & Footwear

Gimcheon

$137 9.5%

Medellin

$169 10.3% 23.3% $32

Sport & Entertainment

Gimcheon

$75 5.2%

Medellin

$58 3.5% 23.6% $18

Getting Around

Gimcheon

$11 * 0.8%

Medellin

$94 5.7% 769% $83

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $499 in Gimcheon versus $1,208 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 in Gimcheon are about 2.9 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $34 in Gimcheon versus $47 in Medellin. Groceries tell a different story – $416 in Gimcheon vs $297 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Gimcheon

🇨🇴 Medellin

🕒 Local time

04:58 4:58 AM

14:58 2:58 PM

14 h behind Gimcheon

🌤 Weather

👥 Population

143,056

2,486,723

💱 Currency

South Korean Won KRW ₩

Colombian Peso COP $

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 EUR

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

Exchange rates and currency converter

COP, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 28, 2026: 1 USD = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

USD to KRW in detail →

On the map

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Highest

Between locations

Gimcheon Medellin 14,690 km ≈ 19 h nonstop flight

From you

Gimcheon
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Gimcheon vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 14%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,155 per month in Gimcheon and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Gimcheon, especially for central apartments: a one-bedroom in the center costs $499 there versus $1,208 in Medellin.

Monthly expenses with rent come to $1,437 in Gimcheon and $1,639 in Medellin. That makes Gimcheon about 12% cheaper.

Kindergarten costs $304 per month in Gimcheon and $797 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Families tend to lean toward Gimcheon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.