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

Monthly Cost of Living

A single person spends $1,649 per month in Granada vs $1,014 in Medellin, rent included.

A couple spends around $2,381 per month in Granada vs $1,596 in Medellin, rent included.

A family of three spends $3,112 per month in Granada vs $2,178 in Medellin, rent included.

Granada costs about 63% more than Medellin, driven mainly by Eating Out.

Granada sits 22% above the global median, while Medellin is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.14 €14.59

$6.14 COP 22.2K

179.15%

Three-Course Dinner for Two, Mid-Range

$44.71 €38.04

$33.05 COP 119.3K

35.28%

Fast Food Meal (McDonalds, etc)

$9.81 €8.35

$7.32 COP 26.4K

34.02%

Cappuccino

$2.31 €1.96

$1.66 COP 5,987

39.16%

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

$2.93 €2.49

$1.10 COP 3,987

166.36%

Water (0.33 liter bottle)

$2.30 €1.96

$0.78 COP 2,822

194.87%

Local Beer (0.5 liter draught)

$3.51 €2.99

$1.71 COP 6,188

105.26%

Imported Beer (0.33 liter bottle)

$4.62 €3.93

$3.17 COP 11.5K

45.74%

Milk (1 liter)

$1.16 €0.99

$1.11 COP 4,012

4.50%

White Bread (500g)

$1.61 €1.37

$1.31 COP 4,719

22.90%

Rice (white) (1kg)

$1.51 €1.29

$1.38 COP 4,980

9.42%

Eggs

$3.14 €2.67

$2.22 COP 8,009

41.44%

Local Cheese (1kg)

$16.14 €13.74

$4.34 COP 15.7K

271.89%

Chicken Fillets (1kg)

$8.33 €7.09

$5.80 COP 20.9K

43.62%

Beef Round Steak (1kg)

$14.18 €12.06

$8.98 COP 32.4K

57.91%

Apples (1kg)

$2.81 €2.39

$2.26 COP 8,164

24.34%

Banana (1kg)

$1.92 €1.64

$1.11 COP 4,023

72.97%

Oranges (1kg)

$1.88 €1.60

$1.46 COP 5,284

28.77%

Tomato (1kg)

$2.71 €2.31

$1.37 COP 4,929

97.81%

Potato (1kg)

$2.28 €1.94

$1.11 COP 4,009

105.41%

Onion (1kg)

$2.50 €2.13

$1.16 COP 4,199

115.52%

Lettuce (1 head)

$1.56 €1.32

$0.89 COP 3,211

75.28%

Water (1.5 liter bottle)

$1.02 €0.87

$0.87 COP 3,124

17.24%

Cigarettes 20 Pack (Marlboro, Camel)

$6.32 €5.38

$2.35 COP 8,495

168.94%

Wine (Bottle)

$4.92 €4.18

$10.86 COP 39.2K

-54.70%

Local Beer (0.5 liter bottle)

$1.27 €1.08

$1.20 COP 4,330

5.83%

Imported Beer (0.33 liter bottle)

$2.02 €1.72

$2.48 COP 8,946

-18.55%

One-way Ticket (Public Transport)

$1.60 €1.37

$0.79 COP 2,842

102.53%

Public Transport Monthly Pass (Regular Price)

$45.81 €38.99

$40.77 COP 147.2K

12.36%

Taxi Start (Normal Tariff)

$5.76 €4.90

$1.42 COP 5,137

305.63%

Taxi (Normal Tariff) (1km)

$1.22 €1.04

$1.91 COP 6,900

-36.13%

Taxi 1hour Waiting (Normal Tariff)

$29.11 €24.77

$7.65 COP 27.6K

280.52%

Gasoline (1 liter)

$1.73 €1.47

$0.97 COP 3,490

78.35%

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

$38.5K €32.8K

$18.1K COP 65.3M

112.88%

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

$29.6K €25.2K

$26.3K COP 95.0M

12.63%

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

$158 €135

$81.3 COP 293.5K

94.86%

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

$19.82 €16.87

$9.63 COP 34.8K

105.82%

Internet (50+ Mbps, Unlimited Data)

$28.27 €24.06

$24.36 COP 88.0K

16.05%

Gym Membership (Monthly)

$48.74 €41.48

$26.02 COP 93.9K

87.32%

Tennis Court (1 Hour on Weekend)

$13.66 €11.63

$18.92 COP 68.3K

-27.80%

Cinema Ticket

$9.88 €8.41

$3.89 COP 14.0K

153.98%

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

$382 €325

$304 COP 1.1M

25.54%

International Primary School, 1 Child (Yearly)

$8,386 €7,137

$5,902 COP 21.3M

42.09%

Jeans (Levis 501 Or Similar)

$73.0 €62.2

$58.7 COP 211.8K

24.47%

Summer Dress (H&M, Zara, etc)

$33.78 €28.75

$32.48 COP 117.2K

4.00%

Sport Shoes (Adidas, Nike)

$77.7 €66.1

$102 COP 367.3K

-23.66%

Men's Leather Business Shoes

$107 €90.6

$108 COP 390.4K

-1.53%

1-bedroom Apartment, City Center (Monthly)

$858 €730

$474 COP 1.7M

80.85%

1-bedroom Apartment, Outside City Center (Monthly)

$687 €584

$371 COP 1.3M

85.23%

3-bedroom Apartment, City Center (Monthly)

$1,142 €971

$848 COP 3.1M

34.62%

3-bedroom Apartment, Outside City Center (Monthly)

$927 €789

$716 COP 2.6M

29.38%

Buy Apartment in City Center (m2)

$3,512 €2,989

$2,871 COP 10.4M

22.32%

Buy Apartment Outside City Center (m2)

$2,337 €1,989

$1,375 COP 5.0M

69.93%

Average Monthly Net Salary (After Tax)

$1,931 €1,643

$542 COP 2.0M

256.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.55

13.43

-73.57%

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

Last update for Granada: April 14, 2026

Last update for Medellin: April 13, 2026

Cost Breakdown

A central one-bedroom costs $858 in Granada versus $474 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 257% 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 $45 in Granada versus $33 in Medellin. Monthly groceries follow the same trend: $276 vs $190 – making Medellin 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

Granada costs about 63% more than Medellin, with the gap driven mainly by 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 $2,474 per month in Granada and $1,522 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.

Groceries cost about 45% more in Granada, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $45.00 in Granada and $33.00 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 $1,014, than in Granada at $1,649. 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 $1,014 versus $1,649 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.