Cost of Living Comparison Between Grenada and Medellin Cost of Living Comparison Between Grenada and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,396 in Grenada versus $1,687 in Medellin.

Estimated couple costs with rent: $2,024 in Grenada versus $2,535 in Medellin.

Monthly costs for a family of three with rent: $2,651 in Grenada versus $3,383 in Medellin.

Living in Grenada costs roughly 17% less than in Medellin, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Grenada 2% above, Medellin 23% above.

Meal at Budget Restaurant

$11.86 EC$32.03

$7.89 COP 24.2K

50.32%

Three-Course Dinner for Two, Mid-Range

$44.14 EC$119

$44.53 COP 136.5K

-0.88%

Fast Food Meal (McDonalds, etc)

$8.31 EC$22.43

$9.29 COP 28.5K

-10.55%

Cappuccino

$2.85 EC$7.68

$2.90 COP 8,874

-1.72%

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

$2.05 EC$5.55

$1.81 COP 5,541

13.26%

Water (0.33 liter bottle)

$1.54 EC$4.15

$1.55 COP 4,741

-0.65%

Local Beer (0.5 liter draught)

$1.83 EC$4.95

$3.25 COP 9,962

-43.69%

Imported Beer (0.33 liter bottle)

$3.68 EC$9.95

$5.88 COP 18.0K

-37.41%

Milk (1 liter)

$4.45 EC$12.00

$1.38 COP 4,230

222.46%

White Bread (500g)

$1.93 EC$5.22

$2.45 COP 7,517

-21.22%

Rice (white) (1kg)

$1.94 EC$5.23

$1.51 COP 4,617

28.48%

Eggs

$4.24 EC$11.45

$2.78 COP 8,516

52.52%

Local Cheese (1kg)

$9.05 COP 27.7K

Chicken Fillets (1kg)

$10.65 COP 32.6K

Beef Round Steak (1kg)

$19.44 EC$52.5

$14.63 COP 44.8K

32.88%

Apples (1kg)

$3.97 COP 12.2K

Banana (1kg)

$1.38 COP 4,219

Oranges (1kg)

$2.30 COP 7,056

Tomato (1kg)

$2.02 COP 6,185

Potato (1kg)

$8.26 EC$22.29

$2.09 COP 6,390

295.22%

Onion (1kg)

$1.63 COP 4,996

Lettuce (1 head)

$1.81 EC$4.88

$1.08 COP 3,313

67.59%

Water (1.5 liter bottle)

$3.74 EC$10.10

$1.25 COP 3,843

199.20%

Cigarettes 20 Pack (Marlboro, Camel)

$5.45 EC$14.72

$4.03 COP 12.4K

35.24%

Wine (Bottle)

$11.04 EC$29.80

$13.47 COP 41.3K

-18.04%

Local Beer (0.5 liter bottle)

$1.44 EC$3.88

$1.60 COP 4,904

-10.00%

Imported Beer (0.33 liter bottle)

$2.88 EC$7.77

$3.00 COP 9,189

-4.00%

One-way Ticket (Public Transport)

$1.55 EC$4.18

$1.18 COP 3,611

31.36%

Public Transport Monthly Pass (Regular Price)

$49.08 EC$133

$79.9 COP 244.9K

-38.60%

Taxi Start (Normal Tariff)

$6.78 EC$18.30

$1.61 COP 4,920

321.12%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,533

Taxi 1hour Waiting (Normal Tariff)

$9.40 EC$25.37

$8.52 COP 26.1K

10.33%

Gasoline (1 liter)

$1.38 EC$3.74

$1.35 COP 4,142

2.22%

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

$28.3K COP 86.8M

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

$16.4K EC$44.3K

$35.7K COP 109.4M

-54.07%

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

$204 EC$552

$151 COP 463.8K

34.97%

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

$44.21 EC$119

$13.10 COP 40.1K

237.48%

Internet (50+ Mbps, Unlimited Data)

$48.61 EC$131

$32.30 COP 99.0K

50.50%

Gym Membership (Monthly)

$35.25 EC$95.2

$46.33 COP 141.9K

-23.92%

Tennis Court (1 Hour on Weekend)

$17.33 EC$46.80

$17.26 COP 52.9K

0.41%

Cinema Ticket

$9.08 EC$24.53

$6.43 COP 19.7K

41.21%

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

$835 COP 2.6M

International Primary School, 1 Child (Yearly)

$8,887 COP 27.2M

Jeans (Levis 501 Or Similar)

$89.3 COP 273.7K

Summer Dress (H&M, Zara, etc)

$55.3 COP 169.5K

Sport Shoes (Adidas, Nike)

$137 COP 418.5K

Men's Leather Business Shoes

$109 COP 335.1K

1-bedroom Apartment, City Center (Monthly)

$679 EC$1,833

$952 COP 2.9M

-28.69%

1-bedroom Apartment, Outside City Center (Monthly)

$570 EC$1,540

$668 COP 2.0M

-14.63%

3-bedroom Apartment, City Center (Monthly)

$1,194 EC$3,224

$2,020 COP 6.2M

-40.88%

3-bedroom Apartment, Outside City Center (Monthly)

$911 EC$2,460

$1,148 COP 3.5M

-20.67%

Buy Apartment in City Center (m2)

$3,696 COP 11.3M

Buy Apartment Outside City Center (m2)

$1,586 COP 4.9M

Average Monthly Net Salary (After Tax)

$872 EC$2,353

$625 COP 1.9M

39.35%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.43

-23.30%

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

Last update for Grenada: August 16, 2026

Last update for Medellin: August 17, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $679 in Grenada and $952 in Medellin. Housing cost is often the main lever when comparing two cities.

Grenada pays 39% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $44.00 in Grenada vs $45.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $259 vs $297 per month, with Grenada cheaper across the board.

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

Grenada vs Medellin: Cost of Living - Frequently Asked Questions

Grenada and Medellin differ by about 21% in total monthly costs ($1,396 vs $1,687 including rent). Grenada is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 39% higher in Grenada, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $679 in Grenada versus $952 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Grenada – a meal for two runs $44.00 versus $45.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Grenada runs roughly 63% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,396 in Grenada versus $1,687 in Medellin, a $2,000 budget is realistic in Grenada but tight or insufficient in Medellin. The gap between the two cities makes Grenada 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.

Safety-wise, Grenada and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Grenada gentler on the wallet – expenses run 21% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.