Cost of Living Comparison Between Gimhae and Medellin Cost of Living Comparison Between Gimhae and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,553 in Gimhae versus $1,681 in Medellin.

Estimated couple costs with rent: $2,449 in Gimhae versus $2,445 in Medellin.

Monthly costs for a family of three with rent: $3,345 in Gimhae versus $3,210 in Medellin.

Living in Gimhae costs roughly 8% less than in Medellin, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Gimhae 13% above, Medellin 23% above.

Meal at Budget Restaurant

$7.29 ₩10.1K

$8.02 COP 25.4K

-9.10%

Three-Course Dinner for Two, Mid-Range

$48.20 ₩66.8K

$47.87 COP 152.0K

0.69%

Fast Food Meal (McDonalds, etc)

$6.80 ₩9,419

$9.89 COP 31.4K

-31.24%

Cappuccino

$3.63 ₩5,031

$3.13 COP 9,937

15.97%

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

$1.77 ₩2,455

$1.91 COP 6,058

-7.33%

Water (0.33 liter bottle)

$1.39 ₩1,922

$1.51 COP 4,794

-7.95%

Local Beer (0.5 liter draught)

$3.76 ₩5,217

$3.12 COP 9,917

20.51%

Imported Beer (0.33 liter bottle)

$4.32 ₩5,987

$5.75 COP 18.3K

-24.87%

Milk (1 liter)

$2.36 ₩3,265

$1.44 COP 4,587

63.89%

White Bread (500g)

$3.22 ₩4,459

$2.49 COP 7,894

29.32%

Rice (white) (1kg)

$3.20 ₩4,435

$1.77 COP 5,631

80.79%

Eggs

$2.62 ₩3,629

$2.96 COP 9,396

-11.49%

Local Cheese (1kg)

$11.17 ₩15.5K

$10.07 COP 32.0K

10.92%

Chicken Fillets (1kg)

$10.39 ₩14.4K

$10.12 COP 32.1K

2.67%

Beef Round Steak (1kg)

$24.99 ₩34.6K

$14.30 COP 45.4K

74.76%

Apples (1kg)

$11.31 ₩15.7K

$4.14 COP 13.1K

173.19%

Banana (1kg)

$3.53 ₩4,886

$1.61 COP 5,106

119.25%

Oranges (1kg)

$8.05 ₩11.2K

$2.25 COP 7,129

257.78%

Tomato (1kg)

$5.74 ₩7,949

$2.25 COP 7,150

155.11%

Potato (1kg)

$5.91 ₩8,197

$2.04 COP 6,486

189.71%

Onion (1kg)

$3.36 ₩4,660

$1.54 COP 4,873

118.18%

Lettuce (1 head)

$2.71 ₩3,755

$1.17 COP 3,715

131.62%

Water (1.5 liter bottle)

$1.34 ₩1,854

$1.31 COP 4,148

2.29%

Cigarettes 20 Pack (Marlboro, Camel)

$3.36 ₩4,657

$3.90 COP 12.4K

-13.85%

Wine (Bottle)

$18.27 ₩25.3K

$14.01 COP 44.5K

30.41%

Local Beer (0.5 liter bottle)

$2.36 ₩3,266

$1.74 COP 5,534

35.63%

Imported Beer (0.33 liter bottle)

$3.37 ₩4,667

$2.87 COP 9,112

17.42%

One-way Ticket (Public Transport)

$1.13 ₩1,561

$1.22 COP 3,858

-7.38%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 255.5K

Taxi Start (Normal Tariff)

$3.66 ₩5,070

$1.31 COP 4,155

179.39%

Taxi (Normal Tariff) (1km)

$0.72 ₩993

$2.19 COP 6,944

-67.12%

Taxi 1hour Waiting (Normal Tariff)

$16.44 ₩22.8K

$8.71 COP 27.7K

88.75%

Gasoline (1 liter)

$1.25 ₩1,727

$1.37 COP 4,334

-8.76%

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

$28.9K ₩40.0M

$27.8K COP 88.4M

3.66%

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

$33.9K ₩47.0M

$35.8K COP 113.6M

-5.21%

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

$198 ₩274.1K

$177 COP 562.9K

11.55%

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

$36.53 ₩50.6K

$13.88 COP 44.1K

163.18%

Internet (50+ Mbps, Unlimited Data)

$26.49 ₩36.7K

$29.72 COP 94.4K

-10.87%

Gym Membership (Monthly)

$56.7 ₩78.5K

$44.88 COP 142.5K

26.25%

Tennis Court (1 Hour on Weekend)

$11.79 ₩16.3K

$17.12 COP 54.4K

-31.13%

Cinema Ticket

$12.10 ₩16.8K

$6.65 COP 21.1K

81.95%

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

$624 ₩864.2K

$813 COP 2.6M

-23.30%

International Primary School, 1 Child (Yearly)

$22.0K ₩30.5M

$9,187 COP 29.2M

139.67%

Jeans (Levis 501 Or Similar)

$102 ₩141.5K

$89.5 COP 284.1K

14.09%

Summer Dress (H&M, Zara, etc)

$66.0 ₩91.5K

$59.0 COP 187.2K

11.92%

Sport Shoes (Adidas, Nike)

$92.4 ₩128.1K

$138 COP 438.8K

-33.14%

Men's Leather Business Shoes

$125 ₩173.6K

$102 COP 324.2K

22.64%

1-bedroom Apartment, City Center (Monthly)

$438 ₩606.4K

$1,062 COP 3.4M

-58.80%

1-bedroom Apartment, Outside City Center (Monthly)

$353 ₩489.4K

$663 COP 2.1M

-46.73%

3-bedroom Apartment, City Center (Monthly)

$1,145 ₩1.6M

$1,888 COP 6.0M

-39.35%

3-bedroom Apartment, Outside City Center (Monthly)

$716 ₩992.9K

$1,027 COP 3.3M

-30.25%

Buy Apartment in City Center (m2)

$7,061 ₩9.8M

$4,183 COP 13.3M

68.81%

Buy Apartment Outside City Center (m2)

$5,458 ₩7.6M

$1,675 COP 5.3M

225.93%

Average Monthly Net Salary (After Tax)

$2,525 ₩3.5M

$678 COP 2.2M

272.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

10.94

-61.43%

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

Last update for Gimhae: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $438 in Gimhae and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.

Gimhae pays 273% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48.00 in Gimhae vs $48.00 in Medellin. Groceries flip the comparison at $484 vs $305, with Medellin cheaper for home cooking.

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

Gimhae vs Medellin: Cost of Living - Frequently Asked Questions

Gimhae wins on cost – living expenses run 8% lower than in Medellin. Housing and daily spending are where you'll feel the difference most, making Gimhae the obvious pick if budget is a priority.

Average pay runs 273% higher in Gimhae, 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: $438 in Gimhae versus $1,062 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $624 in Gimhae versus $813 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Gimhae – a meal for two runs $48.00 versus $48.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,553 in Gimhae versus $1,681 in Medellin, a $1,000 budget is realistic in Gimhae but tight or insufficient in Medellin. The gap between the two cities makes Gimhae the clear choice for anyone on this budget.

Both work as nomad bases, but Gimhae delivers better value – similar infrastructure at $1,553 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Gimhae hard to pass up.

Safety-wise, Gimhae 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 Gimhae gentler on the wallet – expenses run 8% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.