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

Monthly Cost of Living

A single person spends $883 per month in Granada vs $1,618 in Medellin, rent included.

A couple spends around $1,251 per month in Granada vs $2,460 in Medellin, rent included.

A family of three spends $1,619 per month in Granada vs $3,302 in Medellin, rent included.

Granada is about 45% cheaper than Medellin, driven mainly by Clothing & Footwear.

Granada sits 35% below the global median, while Medellin is 19% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.26 NIO 156

$7.69 COP 24.8K

-44.60%

Three-Course Dinner for Two, Mid-Range

$23.87 NIO 874

$43.28 COP 139.8K

-44.85%

Fast Food Meal (McDonalds, etc)

$7.04 NIO 258

$9.50 COP 30.7K

-25.89%

Cappuccino

$1.77 NIO 64.9

$2.81 COP 9,077

-37.01%

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

$0.87 NIO 31.97

$1.84 COP 5,930

-52.72%

Water (0.33 liter bottle)

$0.64 NIO 23.40

$1.51 COP 4,868

-57.62%

Local Beer (0.5 liter draught)

$1.28 NIO 46.72

$3.08 COP 9,964

-58.44%

Imported Beer (0.33 liter bottle)

$1.96 NIO 71.8

$5.49 COP 17.7K

-64.30%

Milk (1 liter)

$1.22 NIO 44.82

$1.34 COP 4,343

-8.96%

White Bread (500g)

$1.60 NIO 58.6

$2.31 COP 7,448

-30.74%

Rice (white) (1kg)

$0.53 NIO 19.56

$1.47 COP 4,747

-63.95%

Eggs

$1.19 NIO 43.53

$2.69 COP 8,683

-55.76%

Local Cheese (1kg)

$4.89 NIO 179

$8.87 COP 28.7K

-44.87%

Chicken Fillets (1kg)

$4.98 NIO 182

$10.64 COP 34.4K

-53.20%

Beef Round Steak (1kg)

$7.29 NIO 267

$14.47 COP 46.8K

-49.62%

Apples (1kg)

$3.63 NIO 133

$3.75 COP 12.1K

-3.20%

Banana (1kg)

$0.63 NIO 22.93

$1.39 COP 4,480

-54.68%

Oranges (1kg)

$1.82 NIO 66.7

$2.22 COP 7,179

-18.02%

Tomato (1kg)

$0.97 NIO 35.61

$1.98 COP 6,398

-51.01%

Potato (1kg)

$2.80 NIO 103

$2.05 COP 6,638

36.59%

Onion (1kg)

$0.98 NIO 35.76

$1.60 COP 5,169

-38.75%

Lettuce (1 head)

$1.03 NIO 37.62

$1.04 COP 3,366

-0.96%

Water (1.5 liter bottle)

$1.08 NIO 39.53

$1.27 COP 4,099

-14.96%

Cigarettes 20 Pack (Marlboro, Camel)

$2.74 NIO 100

$3.75 COP 12.1K

-26.93%

Wine (Bottle)

$10.17 NIO 372

$13.10 COP 42.3K

-22.37%

Local Beer (0.5 liter bottle)

$1.41 NIO 51.5

$1.58 COP 5,094

-10.76%

Imported Beer (0.33 liter bottle)

$1.80 NIO 65.9

$3.02 COP 9,754

-40.40%

One-way Ticket (Public Transport)

$0.11 NIO 4.08

$1.17 COP 3,774

-90.60%

Public Transport Monthly Pass (Regular Price)

$3.89 NIO 143

$76.0 COP 245.4K

-94.88%

Taxi Start (Normal Tariff)

$0.59 NIO 21.44

$1.50 COP 4,856

-60.67%

Taxi (Normal Tariff) (1km)

$1.12 NIO 40.98

$2.09 COP 6,739

-46.41%

Taxi 1hour Waiting (Normal Tariff)

$6.98 NIO 256

$8.10 COP 26.2K

-13.83%

Gasoline (1 liter)

$1.34 NIO 49.05

$1.26 COP 4,079

6.35%

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

$23.3K NIO 854.7K

$26.9K COP 86.9M

-13.25%

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

$26.6K NIO 973.0K

$34.9K COP 112.7M

-23.84%

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

$110 NIO 4,032

$148 COP 479.2K

-25.76%

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

$17.23 NIO 631

$13.03 COP 42.1K

32.23%

Internet (50+ Mbps, Unlimited Data)

$36.60 NIO 1,340

$31.48 COP 101.7K

16.26%

Gym Membership (Monthly)

$45.50 COP 147.0K

Tennis Court (1 Hour on Weekend)

$17.02 COP 55.0K

Cinema Ticket

$8.57 NIO 314

$6.32 COP 20.4K

35.60%

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

$176 NIO 6,430

$837 COP 2.7M

-79.02%

International Primary School, 1 Child (Yearly)

$6,107 NIO 223.7K

$8,663 COP 28.0M

-29.50%

Jeans (Levis 501 Or Similar)

$14.90 NIO 546

$88.8 COP 286.9K

-83.22%

Summer Dress (H&M, Zara, etc)

$30.18 NIO 1,105

$54.9 COP 177.5K

-45.06%

Sport Shoes (Adidas, Nike)

$34.43 NIO 1,261

$134 COP 434.4K

-74.40%

Men's Leather Business Shoes

$36.05 NIO 1,320

$108 COP 350.0K

-66.72%

1-bedroom Apartment, City Center (Monthly)

$417 NIO 15.3K

$939 COP 3.0M

-55.57%

1-bedroom Apartment, Outside City Center (Monthly)

$347 NIO 12.7K

$646 COP 2.1M

-46.31%

3-bedroom Apartment, City Center (Monthly)

$795 NIO 29.1K

$1,941 COP 6.3M

-59.05%

3-bedroom Apartment, Outside City Center (Monthly)

$515 NIO 18.9K

$1,126 COP 3.6M

-54.23%

Buy Apartment in City Center (m2)

$3,638 COP 11.8M

Buy Apartment Outside City Center (m2)

$1,553 COP 5.0M

Average Monthly Net Salary (After Tax)

$136 NIO 4,970

$628 COP 2.0M

-78.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.25

10.43

-1.73%

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

Last update for Granada: August 3, 2026

Last update for Medellin: August 3, 2026

Cost Breakdown

A central one-bedroom costs $417 in Granada versus $939 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 363% 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 $24.00 in Granada versus $43.00 in Medellin. Monthly groceries follow the same trend: $189 vs $291 – 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: $883 in Granada, $1,618 in Medellin – roughly 83% apart. Medellin costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $1,325 per month in Granada and $2,427 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 1853% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $176 per month in Granada and $837 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 $883, than in Medellin at $1,618. 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 $883 in Granada to $1,618 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.