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: $1,309 in Grenada versus $1,034 in Medellin.

Estimated couple costs with rent: $1,765 in Grenada versus $1,577 in Medellin.

Monthly costs for a family of three with rent: $2,222 in Grenada versus $2,120 in Medellin.

Living in Grenada is roughly 27% more expensive than Medellin, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Grenada 2% lower, Medellin 23% lower.

Meal at Budget Restaurant

$9.33 EC$25.19

$5.92 COP 21.5K

57.60%

Three-Course Dinner for Two, Mid-Range

$37.25 EC$101

$32.75 COP 119.1K

13.74%

Fast Food Meal (McDonalds, etc)

$9.10 EC$24.58

$7.20 COP 26.2K

26.39%

Cappuccino

$3.27 EC$8.82

$1.70 COP 6,186

92.35%

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

$1.27 EC$3.43

$1.10 COP 3,996

15.45%

Water (0.33 liter bottle)

$1.05 EC$2.83

$0.72 COP 2,625

45.83%

Local Beer (0.5 liter draught)

$2.56 EC$6.91

$1.67 COP 6,067

53.29%

Imported Beer (0.33 liter bottle)

$3.20 EC$8.63

$3.10 COP 11.3K

3.23%

Milk (1 liter)

$5.59 EC$15.10

$1.06 COP 3,837

427.36%

White Bread (500g)

$1.56 EC$4.22

$1.25 COP 4,531

24.80%

Rice (white) (1kg)

$2.03 EC$5.48

$1.39 COP 5,060

46.04%

Eggs

$3.64 EC$9.84

$2.26 COP 8,229

61.06%

Local Cheese (1kg)

$4.33 COP 15.8K

Chicken Fillets (1kg)

$9.54 EC$25.75

$5.84 COP 21.2K

63.36%

Beef Round Steak (1kg)

$8.83 COP 32.1K

Apples (1kg)

$2.24 COP 8,159

Banana (1kg)

$1.08 COP 3,911

Oranges (1kg)

$1.53 COP 5,563

Tomato (1kg)

$1.37 COP 4,987

Potato (1kg)

$7.96 EC$21.50

$1.13 COP 4,109

604.42%

Onion (1kg)

$1.12 COP 4,067

Lettuce (1 head)

$1.88 EC$5.07

$0.85 COP 3,080

121.18%

Water (1.5 liter bottle)

$3.79 EC$10.23

$0.91 COP 3,305

316.48%

Cigarettes 20 Pack (Marlboro, Camel)

$5.57 EC$15.03

$2.33 COP 8,477

139.06%

Wine (Bottle)

$10.92 EC$29.49

$11.13 COP 40.5K

-1.89%

Local Beer (0.5 liter bottle)

$1.45 EC$3.93

$1.19 COP 4,342

21.85%

Imported Beer (0.33 liter bottle)

$2.94 EC$7.95

$2.37 COP 8,617

24.05%

One-way Ticket (Public Transport)

$1.28 EC$3.45

$0.79 COP 2,859

62.03%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 149.6K

Taxi Start (Normal Tariff)

$7.54 EC$20.36

$1.44 COP 5,223

423.61%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,952

Taxi 1hour Waiting (Normal Tariff)

$9.02 EC$24.35

$8.02 COP 29.2K

12.47%

Gasoline (1 liter)

$1.38 EC$3.73

$0.94 COP 3,410

46.81%

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

$17.9K COP 65.2M

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

$16.8K EC$45.3K

$26.8K COP 97.4M

-37.43%

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

$207 EC$558

$84.0 COP 305.4K

146.08%

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

$44.48 EC$120

$9.60 COP 34.9K

363.33%

Internet (50+ Mbps, Unlimited Data)

$47.68 EC$129

$24.16 COP 87.9K

97.35%

Gym Membership (Monthly)

$35.03 EC$94.6

$25.88 COP 94.1K

35.36%

Tennis Court (1 Hour on Weekend)

$17.47 EC$47.17

$19.04 COP 69.3K

-8.25%

Cinema Ticket

$9.14 EC$24.68

$3.92 COP 14.2K

133.16%

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

$306 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,919 COP 21.5M

Jeans (Levis 501 Or Similar)

$57.9 COP 210.6K

Summer Dress (H&M, Zara, etc)

$31.82 COP 115.7K

Sport Shoes (Adidas, Nike)

$99.9 COP 363.3K

Men's Leather Business Shoes

$107 COP 389.7K

1-bedroom Apartment, City Center (Monthly)

$620 EC$1,674

$487 COP 1.8M

27.37%

1-bedroom Apartment, Outside City Center (Monthly)

$521 EC$1,407

$368 COP 1.3M

41.54%

3-bedroom Apartment, City Center (Monthly)

$1,024 EC$2,765

$826 COP 3.0M

24.02%

3-bedroom Apartment, Outside City Center (Monthly)

$699 EC$1,888

$716 COP 2.6M

-2.33%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$869 EC$2,346

$546 COP 2.0M

59.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

-40.43%

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

Last update for Grenada: April 25, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $620 in Grenada and $487 in Medellin. Housing cost is often the main lever when comparing two cities.

Grenada pays 59% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $37.00 in Grenada vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $254 vs $190 per month, with Medellin 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 27% in total monthly costs ($1,309 vs $1,034 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Grenada pays 59% more on average, 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: $620 in Grenada versus $487 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $37.00 in Grenada. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,309 per month in Grenada versus $1,034 in Medellin – a 27% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,034 in Medellin versus $1,309 in Grenada, a $1,500 budget is realistic in Medellin but tight or insufficient in Grenada. The gap between the two cities makes Medellin 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 Medellin gentler on the wallet – expenses run 27% less than in Grenada. Beyond cost, consider language, visa policies, and how big the international community is in each city.