Cost of Living Comparison Between Granada and Medellin Cost of Living Comparison Between Granada and Medellin

Monthly Cost of Living

A single person spends $804 per month in Granada vs $1,017 in Medellin, rent included.

A couple spends around $1,203 per month in Granada vs $1,602 in Medellin, rent included.

A family of three spends $1,602 per month in Granada vs $2,188 in Medellin, rent included.

Granada is about 21% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Granada and Medellin are more affordable than the global median – Granada 40% lower, Medellin 24% lower.

Meal at Budget Restaurant

$4.36 NIO 160

$5.95 COP 20.8K

-26.72%

Three-Course Dinner for Two, Mid-Range

$32.69 NIO 1,197

$33.33 COP 116.3K

-1.92%

Fast Food Meal (McDonalds, etc)

$6.82 NIO 250

$7.23 COP 25.2K

-5.67%

Cappuccino

$2.01 NIO 73.8

$1.63 COP 5,687

23.31%

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

$0.84 NIO 30.82

$1.09 COP 3,821

-22.94%

Water (0.33 liter bottle)

$0.63 NIO 22.97

$0.73 COP 2,548

-13.70%

Local Beer (0.5 liter draught)

$1.33 NIO 48.85

$1.74 COP 6,065

-23.56%

Imported Beer (0.33 liter bottle)

$1.98 NIO 72.6

$3.23 COP 11.3K

-38.70%

Milk (1 liter)

$1.14 NIO 41.63

$1.05 COP 3,662

8.57%

White Bread (500g)

$1.23 NIO 44.98

$1.29 COP 4,515

-4.65%

Rice (white) (1kg)

$0.74 NIO 27.20

$1.32 COP 4,617

-43.94%

Eggs

$1.44 NIO 52.9

$2.27 COP 7,927

-36.56%

Local Cheese (1kg)

$3.83 NIO 140

$4.35 COP 15.2K

-11.95%

Chicken Fillets (1kg)

$4.86 NIO 178

$5.88 COP 20.5K

-17.35%

Beef Round Steak (1kg)

$8.16 NIO 299

$8.61 COP 30.0K

-5.23%

Apples (1kg)

$3.89 NIO 142

$2.25 COP 7,844

72.89%

Banana (1kg)

$0.84 NIO 30.84

$1.07 COP 3,733

-21.50%

Oranges (1kg)

$1.81 NIO 66.4

$1.52 COP 5,322

19.08%

Tomato (1kg)

$0.92 NIO 33.60

$1.42 COP 4,964

-35.21%

Potato (1kg)

$2.30 NIO 84.2

$1.17 COP 4,084

96.58%

Onion (1kg)

$1.09 NIO 39.84

$1.17 COP 4,077

-6.84%

Lettuce (1 head)

$1.01 NIO 37.12

$0.89 COP 3,096

13.48%

Water (1.5 liter bottle)

$1.01 NIO 36.98

$0.90 COP 3,146

12.22%

Cigarettes 20 Pack (Marlboro, Camel)

$2.74 NIO 100

$2.25 COP 7,837

21.78%

Wine (Bottle)

$10.13 NIO 371

$11.04 COP 38.5K

-8.24%

Local Beer (0.5 liter bottle)

$1.46 NIO 53.5

$1.14 COP 3,977

28.07%

Imported Beer (0.33 liter bottle)

$1.58 NIO 58.0

$2.38 COP 8,301

-33.61%

One-way Ticket (Public Transport)

$0.11 NIO 3.89

$0.84 COP 2,916

-86.90%

Public Transport Monthly Pass (Regular Price)

$4.09 NIO 150

$41.95 COP 146.4K

-90.25%

Taxi Start (Normal Tariff)

$0.58 NIO 21.27

$1.41 COP 4,912

-58.87%

Taxi (Normal Tariff) (1km)

$0.58 NIO 21.20

$1.90 COP 6,634

-69.47%

Taxi 1hour Waiting (Normal Tariff)

$6.83 NIO 250

$7.75 COP 27.0K

-11.87%

Gasoline (1 liter)

$1.26 NIO 46.07

$1.01 COP 3,509

24.75%

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

$22.9K NIO 839.7K

$17.6K COP 61.4M

30.42%

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

$25.9K NIO 950.0K

$26.5K COP 92.5M

-2.09%

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

$98.5 NIO 3,608

$83.7 COP 292.1K

17.73%

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

$16.72 NIO 612

$9.45 COP 33.0K

76.93%

Internet (50+ Mbps, Unlimited Data)

$36.72 NIO 1,345

$24.11 COP 84.1K

52.30%

Gym Membership (Monthly)

$35.06 NIO 1,284

$25.31 COP 88.3K

38.52%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$8.19 NIO 300

$4.10 COP 14.3K

99.76%

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

$126 NIO 4,625

$312 COP 1.1M

-59.51%

International Primary School, 1 Child (Yearly)

$6,021 NIO 220.5K

$5,993 COP 20.9M

0.46%

Jeans (Levis 501 Or Similar)

$14.79 NIO 542

$58.0 COP 202.6K

-74.52%

Summer Dress (H&M, Zara, etc)

$30.31 NIO 1,110

$32.56 COP 113.6K

-6.91%

Sport Shoes (Adidas, Nike)

$35.57 NIO 1,303

$99.6 COP 347.7K

-64.29%

Men's Leather Business Shoes

$35.87 NIO 1,314

$109 COP 378.8K

-66.95%

1-bedroom Apartment, City Center (Monthly)

$380 NIO 13.9K

$482 COP 1.7M

-21.22%

1-bedroom Apartment, Outside City Center (Monthly)

$277 NIO 10.1K

$379 COP 1.3M

-27.03%

3-bedroom Apartment, City Center (Monthly)

$609 NIO 22.3K

$837 COP 2.9M

-27.29%

3-bedroom Apartment, Outside City Center (Monthly)

$451 NIO 16.5K

$723 COP 2.5M

-37.67%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

Average Monthly Net Salary (After Tax)

$171 NIO 6,246

$541 COP 1.9M

-68.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.25

13.43

-23.68%

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

Last update for Granada: June 8, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $380 in Granada versus $482 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 run about 217% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Granada versus $33.00 in Medellin. Monthly groceries follow the same trend: $185 vs $190 – making Granada the more affordable choice for daily food spending.

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

Granada vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $804 in Granada, $1,017 in Medellin – roughly 26% apart. Medellin costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $1,206 per month in Granada and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Granada, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 926% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $126 per month in Granada and $312 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Granada, where all-in costs run around $804, than in Medellin at $1,017. In Granada it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Granada has an edge in some lifestyle areas, with costs from $804 in Granada to $1,017 in Medellin. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Granada. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.