Cost of Living Comparison Between Greystones and Medellin Cost of Living Comparison Between Greystones and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $2,572 in Greystones versus $1,034 in Medellin.

Estimated couple costs with rent: $3,790 in Greystones versus $1,577 in Medellin.

Monthly costs for a family of three with rent: $5,007 in Greystones versus $2,120 in Medellin.

Living in Greystones is roughly 149% more expensive than Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Greystones is 92% above, Medellin is 23% below.

Meal at Budget Restaurant

$19.38 €16.55

$5.92 COP 21.5K

227.36%

Three-Course Dinner for Two, Mid-Range

$76.2 €65.1

$32.75 COP 119.1K

132.61%

Fast Food Meal (McDonalds, etc)

$16.20 €13.83

$7.20 COP 26.2K

125.00%

Cappuccino

$4.40 €3.76

$1.70 COP 6,186

158.82%

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

$2.37 €2.03

$1.10 COP 3,996

115.45%

Water (0.33 liter bottle)

$1.97 €1.68

$0.72 COP 2,625

173.61%

Local Beer (0.5 liter draught)

$7.13 €6.09

$1.67 COP 6,067

326.95%

Imported Beer (0.33 liter bottle)

$6.48 €5.53

$3.10 COP 11.3K

109.03%

Milk (1 liter)

$2.06 €1.76

$1.06 COP 3,837

94.34%

White Bread (500g)

$2.16 €1.85

$1.25 COP 4,531

72.80%

Rice (white) (1kg)

$2.29 €1.96

$1.39 COP 5,060

64.75%

Eggs

$4.10 €3.50

$2.26 COP 8,229

81.42%

Local Cheese (1kg)

$9.28 €7.93

$4.33 COP 15.8K

114.32%

Chicken Fillets (1kg)

$9.75 €8.33

$5.84 COP 21.2K

66.95%

Beef Round Steak (1kg)

$15.55 €13.28

$8.83 COP 32.1K

76.10%

Apples (1kg)

$4.76 €4.06

$2.24 COP 8,159

112.50%

Banana (1kg)

$2.75 €2.35

$1.08 COP 3,911

154.63%

Oranges (1kg)

$4.09 €3.49

$1.53 COP 5,563

167.32%

Tomato (1kg)

$3.88 €3.31

$1.37 COP 4,987

183.21%

Potato (1kg)

$3.31 €2.82

$1.13 COP 4,109

192.92%

Onion (1kg)

$1.91 €1.64

$1.12 COP 4,067

70.54%

Lettuce (1 head)

$1.87 €1.60

$0.85 COP 3,080

120.00%

Water (1.5 liter bottle)

$2.31 €1.97

$0.91 COP 3,305

153.85%

Cigarettes 20 Pack (Marlboro, Camel)

$15.34 €13.10

$2.33 COP 8,477

558.37%

Wine (Bottle)

$14.88 €12.71

$11.13 COP 40.5K

33.69%

Local Beer (0.5 liter bottle)

$3.75 €3.20

$1.19 COP 4,342

215.13%

Imported Beer (0.33 liter bottle)

$5.35 €4.57

$2.37 COP 8,617

125.74%

One-way Ticket (Public Transport)

$3.95 €3.37

$0.79 COP 2,859

400.00%

Public Transport Monthly Pass (Regular Price)

$56.7 €48.44

$41.13 COP 149.6K

37.93%

Taxi Start (Normal Tariff)

$5.30 €4.52

$1.44 COP 5,223

268.06%

Taxi (Normal Tariff) (1km)

$2.31 €1.97

$1.91 COP 6,952

20.94%

Taxi 1hour Waiting (Normal Tariff)

$34.63 €29.57

$8.02 COP 29.2K

331.80%

Gasoline (1 liter)

$2.17 €1.85

$0.94 COP 3,410

130.85%

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

$42.1K €35.9K

$17.9K COP 65.2M

134.66%

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

$40.6K €34.7K

$26.8K COP 97.4M

51.56%

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

$234 €200

$84.0 COP 305.4K

178.36%

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

$21.38 €18.26

$9.60 COP 34.9K

122.71%

Internet (50+ Mbps, Unlimited Data)

$49.94 €42.65

$24.16 COP 87.9K

106.71%

Gym Membership (Monthly)

$67.3 €57.5

$25.88 COP 94.1K

160.16%

Tennis Court (1 Hour on Weekend)

$34.19 €29.20

$19.04 COP 69.3K

79.57%

Cinema Ticket

$16.06 €13.71

$3.92 COP 14.2K

309.69%

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

$1,609 €1,374

$306 COP 1.1M

425.33%

International Primary School, 1 Child (Yearly)

$7,628 €6,514

$5,919 COP 21.5M

28.88%

Jeans (Levis 501 Or Similar)

$89.4 €76.3

$57.9 COP 210.6K

54.36%

Summer Dress (H&M, Zara, etc)

$56.9 €48.56

$31.82 COP 115.7K

78.72%

Sport Shoes (Adidas, Nike)

$92.9 €79.4

$99.9 COP 363.3K

-6.99%

Men's Leather Business Shoes

$143 €123

$107 COP 389.7K

33.91%

1-bedroom Apartment, City Center (Monthly)

$1,453 €1,241

$487 COP 1.8M

198.48%

1-bedroom Apartment, Outside City Center (Monthly)

$1,252 €1,069

$368 COP 1.3M

240.17%

3-bedroom Apartment, City Center (Monthly)

$2,411 €2,059

$826 COP 3.0M

191.96%

3-bedroom Apartment, Outside City Center (Monthly)

$1,949 €1,664

$716 COP 2.6M

172.14%

Buy Apartment in City Center (m2)

$4,038 €3,448

$2,925 COP 10.6M

38.04%

Buy Apartment Outside City Center (m2)

$2,098 €1,791

$1,407 COP 5.1M

49.11%

Average Monthly Net Salary (After Tax)

$3,548 €3,030

$546 COP 2.0M

550.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.53

13.43

-66.27%

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

Last update for Greystones: April 28, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,453 in Greystones and $487 in Medellin. Housing cost is often the main lever when comparing two cities.

Greystones pays 550% 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: $76.0 in Greystones vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $375 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

Greystones vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment, Getting Around. The 149% gap adds up to real monthly savings that compound significantly over time.

Greystones pays 550% 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: $1,453 in Greystones 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 $76.0 in Greystones. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,572 per month in Greystones versus $1,034 in Medellin – a 149% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,034 in Medellin versus $2,572 in Greystones, a $1,500 budget is realistic in Medellin but tight or insufficient in Greystones. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Greystones, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Greystones 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 149% less than in Greystones. Beyond cost, consider language, visa policies, and how big the international community is in each city.