Cost of Living Comparison Between Gyeonggi and Medellin Cost of Living Comparison Between Gyeonggi and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,389 in Gyeonggi versus $1,017 in Medellin.

Estimated couple costs with rent: $2,726 in Gyeonggi versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $4,063 in Gyeonggi versus $2,188 in Medellin.

Living in Gyeonggi is roughly 37% more expensive than Medellin, driven mainly by Groceries & Markets.

The two cities straddle the global median: Gyeonggi is 3% above, Medellin is 24% below.

Meal at Budget Restaurant

$7.42 ₩11.3K

$5.95 COP 20.8K

24.71%

Three-Course Dinner for Two, Mid-Range

$84.0 ₩127.6K

$33.33 COP 116.3K

152.15%

Fast Food Meal (McDonalds, etc)

$6.75 ₩10.3K

$7.23 COP 25.2K

-6.64%

Cappuccino

$3.46 ₩5,256

$1.63 COP 5,687

112.27%

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

$1.38 ₩2,090

$1.09 COP 3,821

26.61%

Water (0.33 liter bottle)

$0.74 ₩1,125

$0.73 COP 2,548

1.37%

Local Beer (0.5 liter draught)

$4.54 ₩6,891

$1.74 COP 6,065

160.92%

Imported Beer (0.33 liter bottle)

$2.95 ₩4,484

$3.23 COP 11.3K

-8.67%

Milk (1 liter)

$2.16 ₩3,283

$1.05 COP 3,662

105.71%

White Bread (500g)

$3.11 ₩4,725

$1.29 COP 4,515

141.09%

Rice (white) (1kg)

$2.99 ₩4,537

$1.32 COP 4,617

126.52%

Eggs

$2.98 ₩4,521

$2.27 COP 7,927

31.28%

Local Cheese (1kg)

$10.37 ₩15.7K

$4.35 COP 15.2K

138.39%

Chicken Fillets (1kg)

$8.01 ₩12.2K

$5.88 COP 20.5K

36.22%

Beef Round Steak (1kg)

$27.30 ₩41.5K

$8.61 COP 30.0K

217.07%

Apples (1kg)

$10.91 ₩16.6K

$2.25 COP 7,844

384.89%

Banana (1kg)

$3.74 ₩5,673

$1.07 COP 3,733

249.53%

Oranges (1kg)

$7.17 ₩10.9K

$1.52 COP 5,322

371.71%

Tomato (1kg)

$5.27 ₩8,006

$1.42 COP 4,964

271.13%

Potato (1kg)

$3.85 ₩5,841

$1.17 COP 4,084

229.06%

Onion (1kg)

$2.89 ₩4,394

$1.17 COP 4,077

147.01%

Lettuce (1 head)

$2.22 ₩3,366

$0.89 COP 3,096

149.44%

Water (1.5 liter bottle)

$1.17 ₩1,775

$0.90 COP 3,146

30.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.33 ₩5,061

$2.25 COP 7,837

48.00%

Wine (Bottle)

$11.04 COP 38.5K

Local Beer (0.5 liter bottle)

$1.89 ₩2,869

$1.14 COP 3,977

65.79%

Imported Beer (0.33 liter bottle)

$3.37 ₩5,117

$2.38 COP 8,301

41.60%

One-way Ticket (Public Transport)

$1.12 ₩1,696

$0.84 COP 2,916

33.33%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$3.18 ₩4,826

$1.41 COP 4,912

125.53%

Taxi (Normal Tariff) (1km)

$0.53 ₩808

$1.90 COP 6,634

-72.11%

Taxi 1hour Waiting (Normal Tariff)

$8.63 ₩13.1K

$7.75 COP 27.0K

11.35%

Gasoline (1 liter)

$1.40 ₩2,122

$1.01 COP 3,509

38.61%

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

$27.4K ₩41.6M

$17.6K COP 61.4M

55.91%

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

$25.0K ₩38.0M

$26.5K COP 92.5M

-5.57%

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

$185 ₩280.8K

$83.7 COP 292.1K

120.98%

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

$40.43 ₩61.4K

$9.45 COP 33.0K

327.83%

Internet (50+ Mbps, Unlimited Data)

$21.37 ₩32.5K

$24.11 COP 84.1K

-11.36%

Gym Membership (Monthly)

$55.1 ₩83.7K

$25.31 COP 88.3K

117.70%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$9.68 ₩14.7K

$4.10 COP 14.3K

136.10%

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

$419 ₩636.2K

$312 COP 1.1M

34.31%

International Primary School, 1 Child (Yearly)

$23.9K ₩36.3M

$5,993 COP 20.9M

299.35%

Jeans (Levis 501 Or Similar)

$57.9 ₩87.9K

$58.0 COP 202.6K

-0.33%

Summer Dress (H&M, Zara, etc)

$41.62 ₩63.2K

$32.56 COP 113.6K

27.83%

Sport Shoes (Adidas, Nike)

$83.0 ₩126.0K

$99.6 COP 347.7K

-16.70%

Men's Leather Business Shoes

$116 ₩175.5K

$109 COP 378.8K

6.47%

1-bedroom Apartment, City Center (Monthly)

$508 ₩772.0K

$482 COP 1.7M

5.41%

1-bedroom Apartment, Outside City Center (Monthly)

$374 ₩567.6K

$379 COP 1.3M

-1.51%

3-bedroom Apartment, City Center (Monthly)

$2,096 ₩3.2M

$837 COP 2.9M

150.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,481 ₩2.2M

$723 COP 2.5M

104.88%

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)

$2,048 ₩3.1M

$541 COP 1.9M

278.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.5

13.43

-73.94%

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

Last update for Gyeonggi: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $508 in Gyeonggi and $482 in Medellin. Housing cost is often the main lever when comparing two cities.

Gyeonggi pays 279% 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: $84.0 in Gyeonggi vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $418 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

Gyeonggi vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Sport & Entertainment, Monthly Utilities & Internet. The 37% gap adds up to real monthly savings that compound significantly over time.

Gyeonggi pays 279% 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: $508 in Gyeonggi versus $482 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $419 in Gyeonggi versus $312 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $84.0 in Gyeonggi. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,017 in Medellin versus $1,389 in Gyeonggi, a $1,500 budget is realistic in Medellin but tight or insufficient in Gyeonggi. 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 Gyeonggi, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Gyeonggi 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 37% less than in Gyeonggi. Beyond cost, consider language, visa policies, and how big the international community is in each city.