Cost of Living Comparison Between Gizo and Medellin Cost of Living Comparison Between Gizo and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $2,175 in Gizo versus $1,681 in Medellin.

Estimated couple costs with rent: $3,079 in Gizo versus $2,445 in Medellin.

Monthly costs for a family of three with rent: $3,983 in Gizo versus $3,210 in Medellin.

Living in Gizo is roughly 29% more expensive than in Medellin, driven mainly by Monthly Utilities & Internet.

Both cities are pricier than the global median: Gizo 59% above, Medellin 23% above.

Currency
🍽 Eating Out
Gizo
Medellin
Difference
Meal at Budget Restaurant
$3.14 SBD 25.09
$8.02 COP 25.3K
-60.85%
Three-Course Dinner for Two, Mid-Range
$55.2 SBD 441
$47.87 COP 151.0K
15.23%
Fast Food Meal (McDonalds, etc)
$15.36 SBD 123
$9.89 COP 31.2K
55.31%
Cappuccino
$2.87 SBD 22.94
$3.13 COP 9,873
-8.31%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.28 SBD 10.25
$1.91 COP 6,019
-32.98%
Water (0.33 liter bottle)
$1.22 SBD 9.75
$1.51 COP 4,763
-19.21%
Local Beer (0.5 liter draught)
$2.55 SBD 20.43
$3.12 COP 9,853
-18.27%
Imported Beer (0.33 liter bottle)
$2.45 SBD 19.62
$5.75 COP 18.1K
-57.39%
🛒 Groceries & Markets
Gizo
Medellin
Difference
Milk (1 liter)
$3.19 SBD 25.54
$1.44 COP 4,558
121.53%
White Bread (500g)
$1.34 SBD 10.69
$2.49 COP 7,843
-46.18%
Rice (white) (1kg)
$1.43 SBD 11.41
$1.77 COP 5,595
-19.21%
Eggs
$7.24 SBD 57.9
$2.96 COP 9,336
144.59%
Local Cheese (1kg)
$8.61 SBD 68.8
$10.07 COP 31.8K
-14.50%
Chicken Fillets (1kg)
$6.38 SBD 51.0
$10.12 COP 31.9K
-36.96%
Beef Round Steak (1kg)
$8.73 SBD 69.9
$14.30 COP 45.1K
-38.95%
Apples (1kg)
$6.78 SBD 54.2
$4.14 COP 13.0K
63.77%
Banana (1kg)
$6.38 SBD 51.0
$1.61 COP 5,073
296.27%
Oranges (1kg)
$6.38 SBD 51.0
$2.25 COP 7,083
183.56%
Tomato (1kg)
$3.04 SBD 24.31
$2.25 COP 7,104
35.11%
Potato (1kg)
$3.10 SBD 24.81
$2.04 COP 6,444
51.96%
Onion (1kg)
$2.54 SBD 20.31
$1.54 COP 4,842
64.94%
Lettuce (1 head)
$2.44 SBD 19.52
$1.17 COP 3,691
108.55%
Water (1.5 liter bottle)
$1.34 SBD 10.69
$1.31 COP 4,121
2.29%
Cigarettes 20 Pack (Marlboro, Camel)
$4.30 SBD 34.37
$3.90 COP 12.3K
10.26%
Wine (Bottle)
$12.74 SBD 102
$14.01 COP 44.2K
-9.06%
Local Beer (0.5 liter bottle)
$1.89 SBD 15.14
$1.74 COP 5,498
8.62%
Imported Beer (0.33 liter bottle)
$2.24 SBD 17.89
$2.87 COP 9,053
-21.95%
🚌 Getting Around
Gizo
Medellin
Difference
One-way Ticket (Public Transport)
$0.36 SBD 2.87
$1.22 COP 3,834
-70.49%
Public Transport Monthly Pass (Regular Price)
$31.21 SBD 250
$80.5 COP 253.9K
-61.22%
Taxi Start (Normal Tariff)
$1.26 SBD 10.10
$1.31 COP 4,129
-3.82%
Taxi (Normal Tariff) (1km)
$2.45 SBD 19.63
$2.19 COP 6,899
11.87%
Taxi 1hour Waiting (Normal Tariff)
$12.58 SBD 101
$8.71 COP 27.5K
44.43%
Gasoline (1 liter)
$1.80 SBD 14.39
$1.37 COP 4,306
31.39%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$20.6K SBD 164.6K
$27.8K COP 87.8M
-26.08%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.3K SBD 178.0K
$35.8K COP 112.8M
-37.78%
🧾 Monthly Utilities & Internet
Gizo
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$754 SBD 6,033
$177 COP 559.3K
325.44%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.49 SBD 108
$13.88 COP 43.8K
-2.81%
Internet (50+ Mbps, Unlimited Data)
$123 SBD 987
$29.72 COP 93.8K
315.21%
🎉 Sport & Entertainment
Gizo
Medellin
Difference
Gym Membership (Monthly)
$18.99 SBD 152
$44.88 COP 141.6K
-57.69%
Tennis Court (1 Hour on Weekend)
$6.07 SBD 48.55
$17.12 COP 54.0K
-64.54%
Cinema Ticket
$4.34 SBD 34.68
$6.65 COP 21.0K
-34.74%
🧸 Childcare & Education
Gizo
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$126 SBD 1,011
$813 COP 2.6M
-84.45%
International Primary School, 1 Child (Yearly)
$1,272 SBD 10.2K
$9,187 COP 29.0M
-86.15%
👕👟 Clothing & Footwear
Gizo
Medellin
Difference
Jeans (Levis 501 Or Similar)
$25.26 SBD 202
$89.5 COP 282.3K
-71.77%
Summer Dress (H&M, Zara, etc)
$93.0 SBD 744
$59.0 COP 186.0K
57.76%
Sport Shoes (Adidas, Nike)
$100.0 SBD 799
$138 COP 435.9K
-27.67%
Men's Leather Business Shoes
$88.7 SBD 709
$102 COP 322.1K
-13.15%
🏠 Accommodation & Living
Gizo
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$600 SBD 4,795
$1,062 COP 3.3M
-43.55%
1-bedroom Apartment, Outside City Center (Monthly)
$601 SBD 4,805
$663 COP 2.1M
-9.37%
3-bedroom Apartment, City Center (Monthly)
$626 SBD 5,005
$1,888 COP 6.0M
-66.86%
3-bedroom Apartment, Outside City Center (Monthly)
$1,245 SBD 9,953
$1,027 COP 3.2M
21.17%
Buy Apartment in City Center (m2)
$87.3K SBD 698.3K
$4,183 COP 13.2M
1987.23%
Buy Apartment Outside City Center (m2)
-
$1,675 COP 5.3M
-
💵 Salaries & Financials
Gizo
Medellin
Difference
Average Monthly Net Salary (After Tax)
$400 SBD 3,199
$678 COP 2.1M
-40.98%
20-Year Fixed Mortgage Interest Rate (Annual %)
16.33
10.94
49.27%

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

Last update for Gizo: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $600 in Gizo and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 69% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $55.0 in Gizo vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $356 vs $305 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
Gizo vs Medellin: Cost of Living - Frequently Asked Questions
Which city is more expensive, Gizo or Medellin?
Medellin wins on cost – living expenses run 29% lower than in Gizo. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.
Are salaries higher in Gizo or in Medellin?
On paper, salaries run 69% lower in Medellin. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How much does a 1-bedroom apartment cost in Gizo compared to Medellin?
Rent for a central apartment: $600 in Gizo versus $1,062 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.
Are groceries more expensive in Gizo or in Medellin?
Supermarket bills run roughly 17% higher in Gizo. For households that cook at home regularly, that difference adds up over a month.
How do dining costs compare in Gizo and in Medellin?
Dining out is cheaper in Medellin – a meal for two runs $48.00 versus $55.0 in Gizo. If you eat out regularly, this makes a real dent in your monthly spending.
Can you live on $2,500/month in Gizo or in Medellin?
At $1,681 in Medellin versus $2,175 in Gizo, a $2,500 budget is realistic in Medellin but tight or insufficient in Gizo. The gap between the two cities makes Medellin the clear choice for anyone on this budget.
Which city is better for digital nomads, Gizo or Medellin?
Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,681 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.
How safe is Gizo compared to Medellin?
Safety-wise, Gizo 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.
Which city is more affordable for expats?
Expats usually find Medellin gentler on the wallet – expenses run 29% less than in Gizo. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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