Last update: Oct 2026

Cost of Living Comparison Between Grand Turk and Medellin

For one person, living is cheaper in Grand Turk: $334 a month against $1,639 in Medellin, rent and utilities included – about $15,700 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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Grand Turk

🇹🇨 Turks and Caicos Islands

$334

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Grand Turk 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 Grand Turk and in Medellin actually costs, broken down by who's living it.

Monthly costs for one person with rent: $334 in Grand Turk versus $1,639 in Medellin.

Grand Turk $334
Medellin $1,639

Estimated couple costs with rent: $516 in Grand Turk versus $2,413 in Medellin.

Grand Turk $516
Medellin $2,413

Monthly costs for a family of three with rent: $697 in Grand Turk versus $3,186 in Medellin.

Grand Turk $697
Medellin $3,186

Living in Grand Turk costs roughly 80% less than in Medellin, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Grand Turk is 75% below, Medellin is 20% above.

Meal at Budget Restaurant

$19.87 $19.87

$8.09 COP 25.4K

145.61%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

Cappuccino

$3.01 COP 9,485

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

$1.80 COP 5,660

Water (0.33 liter bottle)

$3.90 $3.90

$1.41 COP 4,443

176.60%

Local Beer (0.5 liter draught)

$12.02 $12.02

$3.18 COP 9,990

277.99%

Imported Beer (0.33 liter bottle)

$15.28 $15.28

$5.75 COP 18.1K

165.74%

Milk (1 liter)

$1.51 COP 4,751

White Bread (500g)

$3.66 $3.66

$2.38 COP 7,480

53.78%

Rice (white) (1kg)

$1.77 COP 5,573

Eggs

$2.89 COP 9,093

Local Cheese (1kg)

$10.19 COP 32.1K

Chicken Fillets (1kg)

$9.87 COP 31.1K

Beef Round Steak (1kg)

$13.99 COP 44.0K

Apples (1kg)

$3.97 COP 12.5K

Banana (1kg)

$1.55 COP 4,883

Oranges (1kg)

$2.18 COP 6,867

Tomato (1kg)

$6.51 $6.51

$2.18 COP 6,870

198.62%

Potato (1kg)

$1.96 COP 6,174

Onion (1kg)

$1.59 COP 5,000

Lettuce (1 head)

$1.15 COP 3,604

Water (1.5 liter bottle)

$1.24 COP 3,911

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

Wine (Bottle)

$13.68 COP 43.0K

Local Beer (0.5 liter bottle)

$1.66 COP 5,221

Imported Beer (0.33 liter bottle)

$2.26 COP 7,103

One-way Ticket (Public Transport)

$1.17 COP 3,674

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

Taxi Start (Normal Tariff)

$1.27 COP 3,989

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

Gasoline (1 liter)

$1.92 $1.92

$1.35 COP 4,237

42.22%

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

$34.1K COP 107.2M

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

$34.7K COP 109.1M

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

$170 COP 533.7K

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

$13.55 COP 42.6K

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

Gym Membership (Monthly)

$43.70 COP 137.5K

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

Cinema Ticket

$6.91 COP 21.7K

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

$797 COP 2.5M

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

Men's Leather Business Shoes

$97.9 COP 307.9K

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

Average Monthly Net Salary (After Tax)

$8,035 $8,035

$657 COP 2.1M

1122.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Grand Turk: October 25, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Grand Turk

–

Medellin

$642 39.1%

Groceries & Markets

Grand Turk

–

Medellin

$297 18.1%

Monthly Utilities & Internet

Grand Turk

–

Medellin

$211 12.9%

Eating Out

Grand Turk

–

Medellin

$170 10.4%

Clothing & Footwear

Grand Turk

–

Medellin

$169 10.3%

Getting Around

Grand Turk

–

Medellin

$94 5.7%

Sport & Entertainment

Grand Turk

–

Medellin

$58 3.5%

Cost Breakdown

Grand Turk pays about 12 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Good to know

🇹🇨 Grand Turk

🇨🇴 Medellin

🕒 Local time

17:51 5:51 PM

16:51 4:51 PM

1 h behind Grand Turk

🌤 Weather

👥 Population

3,720

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.898 EUR

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

COP to USD in detail →

On the map

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Between locations

Grand Turk Medellin 1,760 km ≈ 2 h 45 min nonstop flight

From you

Grand Turk
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

Grand Turk vs Medellin: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $334 in Grand Turk and $1,639 in Medellin, so Grand Turk is about 80% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Grand Turk is about 12 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 330% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $334 per month in Grand Turk versus $1,639 in Medellin – Grand Turk is about 80% cheaper, which adds up to real savings over time.

At $334 in Grand Turk versus $1,639 in Medellin, a $1,200 budget is realistic in Grand Turk but tight or insufficient in Medellin. The gap between the two cities makes Grand Turk the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.