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: $1,476 in Gimhae versus $1,031 in Medellin.

Estimated couple costs with rent: $2,339 in Gimhae versus $1,599 in Medellin.

Monthly costs for a family of three with rent: $3,202 in Gimhae versus $2,167 in Medellin.

Living in Gimhae is roughly 43% more expensive than in Medellin, driven mainly by Groceries & Markets.

The two cities straddle the global median: Gimhae is 10% above, Medellin is 23% below.

Meal at Budget Restaurant

$7.11 ₩10.6K

$6.16 COP 20.1K

15.42%

Three-Course Dinner for Two, Mid-Range

$37.11 ₩55.2K

$32.60 COP 106.1K

13.83%

Fast Food Meal (McDonalds, etc)

$6.01 ₩8,946

$7.34 COP 23.9K

-18.12%

Cappuccino

$4.07 ₩6,060

$1.72 COP 5,600

136.63%

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

$1.80 ₩2,677

$1.05 COP 3,420

71.43%

Water (0.33 liter bottle)

$1.33 ₩1,976

$0.77 COP 2,515

72.73%

Local Beer (0.5 liter draught)

$3.76 ₩5,592

$1.69 COP 5,488

122.49%

Imported Beer (0.33 liter bottle)

$5.75 ₩8,557

$3.17 COP 10.3K

81.39%

Milk (1 liter)

$2.27 ₩3,377

$1.05 COP 3,423

116.19%

White Bread (500g)

$3.55 ₩5,290

$1.30 COP 4,236

173.08%

Rice (white) (1kg)

$2.99 ₩4,456

$1.40 COP 4,544

113.57%

Eggs

$2.86 ₩4,256

$2.16 COP 7,047

32.41%

Local Cheese (1kg)

$10.32 ₩15.4K

$4.39 COP 14.3K

135.08%

Chicken Fillets (1kg)

$8.46 ₩12.6K

$5.88 COP 19.1K

43.88%

Beef Round Steak (1kg)

$27.36 ₩40.7K

$8.64 COP 28.1K

216.67%

Apples (1kg)

$8.39 ₩12.5K

$2.28 COP 7,426

267.98%

Banana (1kg)

$3.22 ₩4,795

$1.11 COP 3,604

190.09%

Oranges (1kg)

$7.44 ₩11.1K

$1.53 COP 4,983

386.27%

Tomato (1kg)

$5.22 ₩7,767

$1.35 COP 4,410

286.67%

Potato (1kg)

$5.09 ₩7,574

$1.13 COP 3,674

350.44%

Onion (1kg)

$2.90 ₩4,320

$1.13 COP 3,692

156.64%

Lettuce (1 head)

$2.11 ₩3,138

$0.85 COP 2,753

148.24%

Water (1.5 liter bottle)

$1.17 ₩1,737

$0.91 COP 2,975

28.57%

Cigarettes 20 Pack (Marlboro, Camel)

$3.23 ₩4,808

$2.34 COP 7,630

38.03%

Wine (Bottle)

$16.92 ₩25.2K

$12.37 COP 40.3K

36.78%

Local Beer (0.5 liter bottle)

$1.67 ₩2,492

$1.20 COP 3,909

39.17%

Imported Beer (0.33 liter bottle)

$3.34 ₩4,965

$2.49 COP 8,104

34.14%

One-way Ticket (Public Transport)

$1.06 ₩1,579

$0.84 COP 2,728

26.19%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$3.45 ₩5,128

$1.42 COP 4,623

142.96%

Taxi (Normal Tariff) (1km)

$0.84 ₩1,254

$1.92 COP 6,235

-56.25%

Taxi 1hour Waiting (Normal Tariff)

$16.24 ₩24.2K

$7.66 COP 24.9K

112.01%

Gasoline (1 liter)

$1.22 ₩1,815

$0.99 COP 3,223

23.23%

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

$28.2K ₩42.0M

$18.0K COP 58.7M

56.39%

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

$24.9K ₩37.0M

$26.6K COP 86.7M

-6.58%

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

$189 ₩281.0K

$80.8 COP 263.1K

133.68%

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

$50.8 ₩75.6K

$9.95 COP 32.4K

410.35%

Internet (50+ Mbps, Unlimited Data)

$27.47 ₩40.9K

$24.18 COP 78.7K

13.61%

Gym Membership (Monthly)

$47.13 ₩70.1K

$25.08 COP 81.7K

87.92%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$11.18 ₩16.6K

$3.98 COP 13.0K

180.90%

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

$498 ₩741.0K

$305 COP 993.5K

63.18%

International Primary School, 1 Child (Yearly)

$14.3K ₩21.3M

$6,059 COP 19.7M

136.82%

Jeans (Levis 501 Or Similar)

$102 ₩151.5K

$58.1 COP 189.2K

75.19%

Summer Dress (H&M, Zara, etc)

$47.56 ₩70.8K

$32.20 COP 104.8K

47.70%

Sport Shoes (Adidas, Nike)

$89.1 ₩132.5K

$101 COP 327.9K

-11.57%

Men's Leather Business Shoes

$115 ₩171.6K

$108 COP 350.8K

7.02%

1-bedroom Apartment, City Center (Monthly)

$448 ₩667.2K

$477 COP 1.6M

-5.92%

1-bedroom Apartment, Outside City Center (Monthly)

$383 ₩570.0K

$376 COP 1.2M

1.84%

3-bedroom Apartment, City Center (Monthly)

$1,072 ₩1.6M

$845 COP 2.7M

26.93%

3-bedroom Apartment, Outside City Center (Monthly)

$780 ₩1.2M

$730 COP 2.4M

6.85%

Buy Apartment in City Center (m2)

$7,161 ₩10.7M

$3,215 COP 10.5M

122.69%

Buy Apartment Outside City Center (m2)

$5,868 ₩8.7M

$1,372 COP 4.5M

327.60%

Average Monthly Net Salary (After Tax)

$2,255 ₩3.4M

$617 COP 2.0M

265.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

13.43

-68.58%

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

Last update for Gimhae: July 12, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $448 in Gimhae and $477 in Medellin. Housing cost is often the main lever when comparing two cities.

Gimhae pays 266% 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: $37.00 in Gimhae vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $447 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

Gimhae vs Medellin: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 43% lower than in Gimhae. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

Average pay runs 266% 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: $448 in Gimhae versus $477 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $498 in Gimhae versus $305 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $37.00 in Gimhae. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,031 in Medellin versus $1,476 in Gimhae, a $1,500 budget is realistic in Medellin but tight or insufficient in Gimhae. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,031 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin 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 Medellin gentler on the wallet – expenses run 43% less than in Gimhae. Beyond cost, consider language, visa policies, and how big the international community is in each city.