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

Monthly Cost of Living

A single person spends $809 per month in Granada vs $1,034 in Medellin, rent included.

A couple spends around $1,217 per month in Granada vs $1,577 in Medellin, rent included.

A family of three spends $1,625 per month in Granada vs $2,120 in Medellin, rent included.

Granada is about 22% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Granada and Medellin are more affordable than the global median – Granada 40% lower, Medellin 23% lower.

Currency
🍽 Eating Out
Granada
Medellin
Difference
Meal at Budget Restaurant
$4.34 NIO 160
$5.92 COP 21.5K
-26.69%
Three-Course Dinner for Two, Mid-Range
$33.10 NIO 1,220
$32.75 COP 119.1K
1.07%
Fast Food Meal (McDonalds, etc)
$6.82 NIO 251
$7.20 COP 26.2K
-5.28%
Cappuccino
$2.06 NIO 76.1
$1.70 COP 6,186
21.18%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.83 NIO 30.77
$1.10 COP 3,996
-24.55%
Water (0.33 liter bottle)
$0.63 NIO 23.26
$0.72 COP 2,625
-12.50%
Local Beer (0.5 liter draught)
$1.27 NIO 46.79
$1.67 COP 6,067
-23.95%
Imported Beer (0.33 liter bottle)
$2.04 NIO 75.4
$3.10 COP 11.3K
-34.19%
🛒 Groceries & Markets
Granada
Medellin
Difference
Milk (1 liter)
$1.20 NIO 44.34
$1.06 COP 3,837
13.21%
White Bread (500g)
$1.18 NIO 43.60
$1.25 COP 4,531
-5.60%
Rice (white) (1kg)
$0.82 NIO 30.18
$1.39 COP 5,060
-41.01%
Eggs
$1.49 NIO 55.0
$2.26 COP 8,229
-34.07%
Local Cheese (1kg)
$3.86 NIO 142
$4.33 COP 15.8K
-10.85%
Chicken Fillets (1kg)
$4.97 NIO 183
$5.84 COP 21.2K
-14.90%
Beef Round Steak (1kg)
$7.99 NIO 294
$8.83 COP 32.1K
-9.51%
Apples (1kg)
$3.83 NIO 141
$2.24 COP 8,159
70.98%
Banana (1kg)
$0.85 NIO 31.27
$1.08 COP 3,911
-21.30%
Oranges (1kg)
$1.77 NIO 65.3
$1.53 COP 5,563
15.69%
Tomato (1kg)
$0.96 NIO 35.33
$1.37 COP 4,987
-29.93%
Potato (1kg)
$2.22 NIO 81.7
$1.13 COP 4,109
96.46%
Onion (1kg)
$1.07 NIO 39.43
$1.12 COP 4,067
-4.46%
Lettuce (1 head)
$0.98 NIO 36.16
$0.85 COP 3,080
15.29%
Water (1.5 liter bottle)
$1.06 NIO 38.90
$0.91 COP 3,305
16.48%
Cigarettes 20 Pack (Marlboro, Camel)
$2.63 NIO 97.0
$2.33 COP 8,477
12.88%
Wine (Bottle)
$9.81 NIO 362
$11.13 COP 40.5K
-11.86%
Local Beer (0.5 liter bottle)
$1.40 NIO 51.5
$1.19 COP 4,342
17.65%
Imported Beer (0.33 liter bottle)
$1.59 NIO 58.4
$2.37 COP 8,617
-32.91%
🚌 Getting Around
Granada
Medellin
Difference
One-way Ticket (Public Transport)
$0.10 NIO 3.65
$0.79 COP 2,859
-87.34%
Public Transport Monthly Pass (Regular Price)
$3.92 NIO 144
$41.13 COP 149.6K
-90.47%
Taxi Start (Normal Tariff)
$0.57 NIO 21.14
$1.44 COP 5,223
-60.42%
Taxi (Normal Tariff) (1km)
$0.59 NIO 21.65
$1.91 COP 6,952
-69.11%
Taxi 1hour Waiting (Normal Tariff)
$6.90 NIO 254
$8.02 COP 29.2K
-13.97%
Gasoline (1 liter)
$1.26 NIO 46.44
$0.94 COP 3,410
34.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.9K NIO 843.8K
$17.9K COP 65.2M
27.74%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.3K NIO 968.0K
$26.8K COP 97.4M
-1.98%
🧾 Monthly Utilities & Internet
Granada
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$98.5 NIO 3,629
$84.0 COP 305.4K
17.27%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.94 NIO 625
$9.60 COP 34.9K
76.46%
Internet (50+ Mbps, Unlimited Data)
$36.97 NIO 1,363
$24.16 COP 87.9K
53.02%
🎉 Sport & Entertainment
Granada
Medellin
Difference
Gym Membership (Monthly)
$34.38 NIO 1,267
$25.88 COP 94.1K
32.84%
Tennis Court (1 Hour on Weekend)
-
$19.04 COP 69.3K
-
Cinema Ticket
$8.18 NIO 301
$3.92 COP 14.2K
108.67%
🧸 Childcare & Education
Granada
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$125 NIO 4,595
$306 COP 1.1M
-59.31%
International Primary School, 1 Child (Yearly)
$5,941 NIO 219.0K
$5,919 COP 21.5M
0.37%
👕👟 Clothing & Footwear
Granada
Medellin
Difference
Jeans (Levis 501 Or Similar)
$15.17 NIO 559
$57.9 COP 210.6K
-73.80%
Summer Dress (H&M, Zara, etc)
$29.92 NIO 1,103
$31.82 COP 115.7K
-5.97%
Sport Shoes (Adidas, Nike)
$34.48 NIO 1,271
$99.9 COP 363.3K
-65.49%
Men's Leather Business Shoes
$36.20 NIO 1,334
$107 COP 389.7K
-66.21%
🏠 Accommodation & Living
Granada
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$384 NIO 14.1K
$487 COP 1.8M
-21.19%
1-bedroom Apartment, Outside City Center (Monthly)
$277 NIO 10.2K
$368 COP 1.3M
-24.77%
3-bedroom Apartment, City Center (Monthly)
$601 NIO 22.2K
$826 COP 3.0M
-27.15%
3-bedroom Apartment, Outside City Center (Monthly)
$440 NIO 16.2K
$716 COP 2.6M
-38.60%
Buy Apartment in City Center (m2)
-
$2,925 COP 10.6M
-
Buy Apartment Outside City Center (m2)
-
$1,407 COP 5.1M
-
💵 Salaries & Financials
Granada
Medellin
Difference
Average Monthly Net Salary (After Tax)
$168 NIO 6,191
$546 COP 2.0M
-69.21%
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: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $384 in Granada versus $487 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 225% 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
How do living costs in Granada and Medellin compare overall?
Monthly costs with rent: $809 in Granada, $1,034 in Medellin – roughly 28% apart. Medellin costs more across the board, with Clothing & Footwear showing the biggest gap.
What salary covers living expenses in Granada compared to Medellin?
For a comfortable life, plan on about $1,214 per month in Granada and $1,550 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Granada and Medellin?
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.
How do commuting costs compare in Granada and Medellin?
Public transport costs about 949% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.
What is the difference in childcare costs between Granada and Medellin?
Kindergarten costs $125 per month in Granada and $306 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Which city is more doable on $2,000 per month?
A $2,000 monthly budget goes further in Granada, where all-in costs run around $809, than in Medellin at $1,034. In Granada it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
How does quality of life compare between Granada and Medellin?
It depends on your priorities. Granada has an edge in some lifestyle areas, with costs from $809 in Granada to $1,034 in Medellin. Climate, culture, job market, and personal taste all factor in.
Is Granada or Medellin safer for residents?
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.
How do I decide between Granada and Medellin?
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.

Granada vs other spots: cost of living compared

Similar cities