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: $1,299 in Grenada versus $1,017 in Medellin.

Estimated couple costs with rent: $1,802 in Grenada versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $2,305 in Grenada versus $2,188 in Medellin.

Living in Grenada is roughly 28% more expensive than Medellin, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Grenada 3% lower, Medellin 24% lower.

Meal at Budget Restaurant

$9.27 EC$25.02

$5.95 COP 20.8K

55.80%

Three-Course Dinner for Two, Mid-Range

$37.68 EC$102

$33.33 COP 116.3K

13.05%

Fast Food Meal (McDonalds, etc)

$9.35 EC$25.24

$7.23 COP 25.2K

29.32%

Cappuccino

$3.29 EC$8.88

$1.63 COP 5,687

101.84%

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

$1.34 EC$3.61

$1.09 COP 3,821

22.94%

Water (0.33 liter bottle)

$1.05 EC$2.82

$0.73 COP 2,548

43.84%

Local Beer (0.5 liter draught)

$2.65 EC$7.15

$1.74 COP 6,065

52.30%

Imported Beer (0.33 liter bottle)

$3.22 EC$8.69

$3.23 COP 11.3K

-0.31%

Milk (1 liter)

$5.54 EC$14.94

$1.05 COP 3,662

427.62%

White Bread (500g)

$1.51 EC$4.08

$1.29 COP 4,515

17.05%

Rice (white) (1kg)

$2.03 EC$5.48

$1.32 COP 4,617

53.79%

Eggs

$3.53 EC$9.53

$2.27 COP 7,927

55.51%

Local Cheese (1kg)

$4.35 COP 15.2K

Chicken Fillets (1kg)

$9.85 EC$26.60

$5.88 COP 20.5K

67.52%

Beef Round Steak (1kg)

$8.61 COP 30.0K

Apples (1kg)

$2.25 COP 7,844

Banana (1kg)

$1.07 COP 3,733

Oranges (1kg)

$1.52 COP 5,322

Tomato (1kg)

$1.42 COP 4,964

Potato (1kg)

$7.93 EC$21.41

$1.17 COP 4,084

577.78%

Onion (1kg)

$1.17 COP 4,077

Lettuce (1 head)

$1.80 EC$4.85

$0.89 COP 3,096

102.25%

Water (1.5 liter bottle)

$3.65 EC$9.85

$0.90 COP 3,146

305.56%

Cigarettes 20 Pack (Marlboro, Camel)

$5.39 EC$14.56

$2.25 COP 7,837

139.56%

Wine (Bottle)

$10.95 EC$29.56

$11.04 COP 38.5K

-0.82%

Local Beer (0.5 liter bottle)

$1.45 EC$3.92

$1.14 COP 3,977

27.19%

Imported Beer (0.33 liter bottle)

$3.05 EC$8.23

$2.38 COP 8,301

28.15%

One-way Ticket (Public Transport)

$1.33 EC$3.58

$0.84 COP 2,916

58.33%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$7.56 EC$20.42

$1.41 COP 4,912

436.17%

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$9.16 EC$24.74

$7.75 COP 27.0K

18.19%

Gasoline (1 liter)

$1.39 EC$3.75

$1.01 COP 3,509

37.62%

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

$17.6K COP 61.4M

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

$16.9K EC$45.5K

$26.5K COP 92.5M

-36.40%

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

$200 EC$541

$83.7 COP 292.1K

139.50%

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

$44.67 EC$121

$9.45 COP 33.0K

372.70%

Internet (50+ Mbps, Unlimited Data)

$47.14 EC$127

$24.11 COP 84.1K

95.52%

Gym Membership (Monthly)

$34.60 EC$93.4

$25.31 COP 88.3K

36.70%

Tennis Court (1 Hour on Weekend)

$17.61 EC$47.54

$19.14 COP 66.8K

-7.99%

Cinema Ticket

$9.35 EC$25.25

$4.10 COP 14.3K

128.05%

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

$312 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

Men's Leather Business Shoes

$109 COP 378.8K

1-bedroom Apartment, City Center (Monthly)

$599 EC$1,618

$482 COP 1.7M

24.28%

1-bedroom Apartment, Outside City Center (Monthly)

$530 EC$1,431

$379 COP 1.3M

39.62%

3-bedroom Apartment, City Center (Monthly)

$1,024 EC$2,766

$837 COP 2.9M

22.31%

3-bedroom Apartment, Outside City Center (Monthly)

$701 EC$1,891

$723 COP 2.5M

-3.12%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

Average Monthly Net Salary (After Tax)

$875 EC$2,362

$541 COP 1.9M

61.75%

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: June 9, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $599 in Grenada and $482 in Medellin. Housing cost is often the main lever when comparing two cities.

Grenada pays 62% 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: $38.00 in Grenada vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $252 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 28% in total monthly costs ($1,299 vs $1,017 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Grenada pays 62% 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: $599 in Grenada versus $482 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 $38.00 in Grenada. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,299 per month in Grenada versus $1,017 in Medellin – a 28% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,017 in Medellin versus $1,299 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 28% less than in Grenada. Beyond cost, consider language, visa policies, and how big the international community is in each city.