Last update: Oct 2026

Cost of Living Comparison Between Granada and Medellin

For one person, living costs are similar in Granada and in Medellin: $1,656 and $1,589 a month, rent and utilities included.

80

Cost of Living Index in Granada
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Granada Living Index
77

Cost of Living Index in Medellin
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Medellin Living Index

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Granada

🇪🇸 Spain

$1,656

/mo nomad

Medellin

🇨🇴 Colombia

$1,589

/mo nomad

Monthly Cost of Living

How much you'll spend in Granada and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Granada and in Medellin actually costs, broken down by who's living it.

A single person spends $1,656 per month in Granada vs $1,589 in Medellin, rent included.

Granada $1,656
Medellin $1,589

A couple spends around $2,314 per month in Granada vs $2,364 in Medellin, rent included.

Granada $2,314
Medellin $2,364

A family of three spends $2,973 per month in Granada vs $3,139 in Medellin, rent included.

Granada $2,973
Medellin $3,139

Granada costs about 4% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Granada and Medellin sit above the global median – Granada by 24%, Medellin by 19%.

Meal at Budget Restaurant

$15.83 €14.13

$8.01 COP 25.5K

97.63%

Three-Course Dinner for Two, Mid-Range

$38.88 €34.70

$46.55 COP 148.3K

-16.48%

Fast Food Meal (McDonalds, etc)

$9.22 €8.22

$9.43 COP 30.1K

-2.23%

Cappuccino

$2.31 €2.07

$2.91 COP 9,277

-20.62%

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

$2.98 €2.66

$1.75 COP 5,585

70.29%

Water (0.33 liter bottle)

$2.25 €2.01

$1.32 COP 4,218

70.45%

Local Beer (0.5 liter draught)

$3.43 €3.06

$3.13 COP 9,969

9.58%

Imported Beer (0.33 liter bottle)

$4.51 €4.03

$5.55 COP 17.7K

-18.74%

Milk (1 liter)

$1.26 €1.12

$1.41 COP 4,495

-10.64%

White Bread (500g)

$1.44 €1.29

$2.44 COP 7,777

-40.98%

Rice (white) (1kg)

$1.67 €1.49

$1.63 COP 5,191

2.45%

Eggs

$3.25 €2.90

$2.82 COP 8,990

15.25%

Local Cheese (1kg)

$17.24 €15.38

$9.69 COP 30.9K

77.92%

Chicken Fillets (1kg)

$7.40 €6.61

$9.32 COP 29.7K

-20.60%

Beef Round Steak (1kg)

$14.94 €13.33

$13.46 COP 42.9K

11.00%

Apples (1kg)

$2.54 €2.26

$4.00 COP 12.8K

-36.50%

Banana (1kg)

$2.14 €1.91

$1.48 COP 4,719

44.59%

Oranges (1kg)

$1.91 €1.71

$2.12 COP 6,768

-9.91%

Tomato (1kg)

$2.39 €2.13

$2.25 COP 7,178

6.22%

Potato (1kg)

$1.95 €1.74

$1.91 COP 6,092

2.09%

Onion (1kg)

$2.15 €1.91

$1.62 COP 5,160

32.72%

Lettuce (1 head)

$1.07 €0.95

$1.15 COP 3,658

-6.96%

Water (1.5 liter bottle)

$0.73 €0.65

$1.26 COP 4,021

-42.06%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.84

$3.82 COP 12.2K

71.47%

Wine (Bottle)

$4.90 €4.37

$13.11 COP 41.8K

-62.62%

Local Beer (0.5 liter bottle)

$1.09 €0.97

$1.60 COP 5,083

-31.87%

Imported Beer (0.33 liter bottle)

$1.63 €1.45

$2.26 COP 7,188

-27.88%

One-way Ticket (Public Transport)

$1.78 €1.59

$1.17 COP 3,731

52.14%

Public Transport Monthly Pass (Regular Price)

$39.72 €35.44

$75.0 COP 239.0K

-47.05%

Taxi Start (Normal Tariff)

$5.47 €4.88

$1.27 COP 4,056

330.71%

Taxi (Normal Tariff) (1km)

$2.23 €1.99

$2.05 COP 6,531

8.78%

Taxi 1hour Waiting (Normal Tariff)

$28.29 €25.25

$8.20 COP 26.1K

245.00%

Gasoline (1 liter)

$1.70 €1.52

$1.27 COP 4,046

33.86%

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

$35.2K €31.4K

$26.8K COP 85.3M

31.33%

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

$29.3K €26.2K

$34.4K COP 109.6M

-14.73%

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

$162 €145

$162 COP 516.9K

0.06%

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

$12.97 €11.57

$13.12 COP 41.8K

-1.14%

Internet (50+ Mbps, Unlimited Data)

$26.81 €23.93

$28.09 COP 89.5K

-4.56%

Gym Membership (Monthly)

$44.90 €40.07

$44.33 COP 141.2K

1.29%

Tennis Court (1 Hour on Weekend)

$19.92 €17.78

$16.33 COP 52.0K

21.98%

Cinema Ticket

$8.97 €8.00

$6.09 COP 19.4K

47.29%

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

$347 €310

$764 COP 2.4M

-54.57%

International Primary School, 1 Child (Yearly)

$7,876 €7,029

$8,904 COP 28.4M

-11.55%

Jeans (Levis 501 Or Similar)

$63.5 €56.7

$85.0 COP 270.8K

-25.29%

Summer Dress (H&M, Zara, etc)

$33.05 €29.50

$57.5 COP 183.2K

-42.51%

Sport Shoes (Adidas, Nike)

$76.0 €67.8

$132 COP 419.8K

-42.33%

Men's Leather Business Shoes

$89.4 €79.7

$95.8 COP 305.1K

-6.68%

1-bedroom Apartment, City Center (Monthly)

$882 €788

$1,028 COP 3.3M

-14.18%

1-bedroom Apartment, Outside City Center (Monthly)

$718 €641

$604 COP 1.9M

18.85%

3-bedroom Apartment, City Center (Monthly)

$1,257 €1,122

$1,802 COP 5.7M

-30.22%

3-bedroom Apartment, Outside City Center (Monthly)

$955 €853

$993 COP 3.2M

-3.74%

Buy Apartment in City Center (m2)

$3,351 €2,990

$3,921 COP 12.5M

-14.54%

Buy Apartment Outside City Center (m2)

$2,239 €1,998

$1,639 COP 5.2M

36.65%

Average Monthly Net Salary (After Tax)

$1,870 €1,669

$626 COP 2.0M

198.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.32

10.94

-69.65%

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

Last update for Granada: October 6, 2026

Last update for Medellin: October 6, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Granada

$718 43.3%

Medellin

$604 38.3% 15.9% $114

Groceries & Markets

Granada

$267 16.1%

Medellin

$288 18.3% 8% $21

Eating Out

Granada

$229 13.8%

Medellin

$166 10.6% 27.4% $63

Monthly Utilities & Internet

Granada

$202 12.2%

Medellin

$203 12.9% 0.7% $1.3

Clothing & Footwear

Granada

$118 7.1%

Medellin

$166 10.6% 41.3% $49

Getting Around

Granada

$63 3.8%

Medellin

$91 5.8% 43.8% $28

Sport & Entertainment

Granada

$63 3.8%

Medellin

$57 3.6% 10.1% $6.3

Cost Breakdown

A central one-bedroom costs $882 in Granada versus $1,028 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 199% higher in Granada, 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 $39.00 in Granada versus $47.00 in Medellin. Monthly groceries follow the same trend: $267 vs $288 – making Granada the more affordable choice for daily food spending.

Good to know

🇪🇸 Granada

🇨🇴 Medellin

🕒 Local time

08:22 8:22 AM

01:22 1:22 AM

7 h behind Granada

🌤 Weather

👥 Population

230,595

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,574 COP (10,000 COP = 2.8 EUR).

USD to EUR in detail →

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Granada Medellin 7,990 km ≈ 10 h nonstop flight

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Granada
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Granada costs about 4% more than Medellin, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,484 per month in Granada and $2,384 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Interestingly, groceries are about 8% cheaper in Granada – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $39.00 in Granada and $47.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,589, than in Granada at $1,656. In Medellin it covers expenses comfortably, while in Granada it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,589 versus $1,656 in Granada. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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