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: $1,438 in Gyeonggi versus $1,034 in Medellin.

Estimated couple costs with rent: $2,762 in Gyeonggi versus $1,577 in Medellin.

Monthly costs for a family of three with rent: $4,085 in Gyeonggi versus $2,120 in Medellin.

Living in Gyeonggi is roughly 39% more expensive than Medellin, driven mainly by Groceries & Markets.

The two cities straddle the global median: Gyeonggi is 7% above, Medellin is 23% below.

Meal at Budget Restaurant

$7.36 ₩10.8K

$5.92 COP 21.5K

24.32%

Three-Course Dinner for Two, Mid-Range

$83.5 ₩123.0K

$32.75 COP 119.1K

154.99%

Fast Food Meal (McDonalds, etc)

$6.44 ₩9,486

$7.20 COP 26.2K

-10.56%

Cappuccino

$3.59 ₩5,283

$1.70 COP 6,186

111.18%

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

$1.38 ₩2,037

$1.10 COP 3,996

25.45%

Water (0.33 liter bottle)

$0.70 ₩1,032

$0.72 COP 2,625

-2.78%

Local Beer (0.5 liter draught)

$4.38 ₩6,455

$1.67 COP 6,067

162.28%

Imported Beer (0.33 liter bottle)

$2.99 ₩4,405

$3.10 COP 11.3K

-3.55%

Milk (1 liter)

$2.14 ₩3,146

$1.06 COP 3,837

101.89%

White Bread (500g)

$3.03 ₩4,463

$1.25 COP 4,531

142.40%

Rice (white) (1kg)

$3.12 ₩4,591

$1.39 COP 5,060

124.46%

Eggs

$2.90 ₩4,277

$2.26 COP 8,229

28.32%

Local Cheese (1kg)

$10.26 ₩15.1K

$4.33 COP 15.8K

136.95%

Chicken Fillets (1kg)

$8.01 ₩11.8K

$5.84 COP 21.2K

37.16%

Beef Round Steak (1kg)

$27.22 ₩40.1K

$8.83 COP 32.1K

208.27%

Apples (1kg)

$11.17 ₩16.5K

$2.24 COP 8,159

398.66%

Banana (1kg)

$3.74 ₩5,510

$1.08 COP 3,911

246.30%

Oranges (1kg)

$7.38 ₩10.9K

$1.53 COP 5,563

382.35%

Tomato (1kg)

$5.21 ₩7,680

$1.37 COP 4,987

280.29%

Potato (1kg)

$3.95 ₩5,826

$1.13 COP 4,109

249.56%

Onion (1kg)

$2.96 ₩4,366

$1.12 COP 4,067

164.29%

Lettuce (1 head)

$2.25 ₩3,317

$0.85 COP 3,080

164.71%

Water (1.5 liter bottle)

$1.16 ₩1,706

$0.91 COP 3,305

27.47%

Cigarettes 20 Pack (Marlboro, Camel)

$3.30 ₩4,859

$2.33 COP 8,477

41.63%

Wine (Bottle)

$11.13 COP 40.5K

Local Beer (0.5 liter bottle)

$1.88 ₩2,773

$1.19 COP 4,342

57.98%

Imported Beer (0.33 liter bottle)

$3.39 ₩4,989

$2.37 COP 8,617

43.04%

One-way Ticket (Public Transport)

$1.06 ₩1,564

$0.79 COP 2,859

34.18%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 149.6K

Taxi Start (Normal Tariff)

$3.02 ₩4,456

$1.44 COP 5,223

109.72%

Taxi (Normal Tariff) (1km)

$0.53 ₩775

$1.91 COP 6,952

-72.25%

Taxi 1hour Waiting (Normal Tariff)

$8.75 ₩12.9K

$8.02 COP 29.2K

9.10%

Gasoline (1 liter)

$1.34 ₩1,970

$0.94 COP 3,410

42.55%

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

$28.2K ₩41.5M

$17.9K COP 65.2M

57.17%

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

$24.6K ₩36.3M

$26.8K COP 97.4M

-8.02%

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

$190 ₩280.0K

$84.0 COP 305.4K

126.38%

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

$39.63 ₩58.4K

$9.60 COP 34.9K

312.81%

Internet (50+ Mbps, Unlimited Data)

$21.36 ₩31.5K

$24.16 COP 87.9K

-11.59%

Gym Membership (Monthly)

$54.1 ₩79.6K

$25.88 COP 94.1K

108.89%

Tennis Court (1 Hour on Weekend)

$19.04 COP 69.3K

Cinema Ticket

$9.86 ₩14.5K

$3.92 COP 14.2K

151.53%

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

$419 ₩616.9K

$306 COP 1.1M

36.67%

International Primary School, 1 Child (Yearly)

$23.5K ₩34.6M

$5,919 COP 21.5M

296.63%

Jeans (Levis 501 Or Similar)

$58.0 ₩85.4K

$57.9 COP 210.6K

0.07%

Summer Dress (H&M, Zara, etc)

$41.34 ₩60.9K

$31.82 COP 115.7K

29.92%

Sport Shoes (Adidas, Nike)

$85.2 ₩125.5K

$99.9 COP 363.3K

-14.74%

Men's Leather Business Shoes

$119 ₩174.8K

$107 COP 389.7K

10.76%

1-bedroom Apartment, City Center (Monthly)

$506 ₩745.5K

$487 COP 1.8M

3.96%

1-bedroom Apartment, Outside City Center (Monthly)

$363 ₩534.3K

$368 COP 1.3M

-1.46%

3-bedroom Apartment, City Center (Monthly)

$2,087 ₩3.1M

$826 COP 3.0M

152.74%

3-bedroom Apartment, Outside City Center (Monthly)

$1,497 ₩2.2M

$716 COP 2.6M

109.06%

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)

$2,095 ₩3.1M

$546 COP 2.0M

284.10%

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: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $506 in Gyeonggi and $487 in Medellin. Housing cost is often the main lever when comparing two cities.

Gyeonggi pays 284% 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 $419 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, Clothing & Footwear, Sport & Entertainment, Monthly Utilities & Internet. The 39% gap adds up to real monthly savings that compound significantly over time.

Gyeonggi pays 284% 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: $506 in Gyeonggi versus $487 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $419 in Gyeonggi versus $306 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 $1,034 in Medellin versus $1,438 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 39% less than in Gyeonggi. Beyond cost, consider language, visa policies, and how big the international community is in each city.