Cost of Living Comparison Between Ibarra and Medellin Cost of Living Comparison Between Ibarra and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $678 in Ibarra versus $1,681 in Medellin.

Estimated couple costs with rent: $1,117 in Ibarra versus $2,445 in Medellin.

Monthly costs for a family of three with rent: $1,557 in Ibarra versus $3,210 in Medellin.

Living in Ibarra costs roughly 60% less than in Medellin, driven mainly by Groceries & Markets.

The two cities straddle the global median: Ibarra is 50% below, Medellin is 23% above.

Meal at Budget Restaurant

$2.58 $2.58

$8.02 COP 25.0K

-67.83%

Three-Course Dinner for Two, Mid-Range

$25.38 $25.38

$47.87 COP 149.4K

-46.98%

Fast Food Meal (McDonalds, etc)

$5.67 $5.67

$9.89 COP 30.8K

-42.67%

Cappuccino

$2.21 $2.21

$3.13 COP 9,767

-29.39%

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

$1.04 $1.04

$1.91 COP 5,954

-45.55%

Water (0.33 liter bottle)

$0.56 $0.56

$1.51 COP 4,712

-62.91%

Local Beer (0.5 liter draught)

$1.95 $1.95

$3.12 COP 9,747

-37.50%

Imported Beer (0.33 liter bottle)

$2.20 $2.20

$5.75 COP 17.9K

-61.74%

Milk (1 liter)

$0.94 $0.94

$1.44 COP 4,509

-34.72%

White Bread (500g)

$1.02 $1.02

$2.49 COP 7,759

-59.04%

Rice (white) (1kg)

$1.47 $1.47

$1.77 COP 5,535

-16.95%

Eggs

$2.14 $2.14

$2.96 COP 9,235

-27.70%

Local Cheese (1kg)

$3.67 $3.67

$10.07 COP 31.4K

-63.56%

Chicken Fillets (1kg)

$5.47 $5.47

$10.12 COP 31.6K

-45.95%

Beef Round Steak (1kg)

$7.87 $7.87

$14.30 COP 44.6K

-44.97%

Apples (1kg)

$1.96 $1.96

$4.14 COP 12.9K

-52.66%

Banana (1kg)

$1.23 $1.23

$1.61 COP 5,019

-23.60%

Oranges (1kg)

$1.27 $1.27

$2.25 COP 7,007

-43.56%

Tomato (1kg)

$0.84 $0.84

$2.25 COP 7,028

-62.67%

Potato (1kg)

$0.48 $0.48

$2.04 COP 6,375

-76.47%

Onion (1kg)

$1.03 $1.03

$1.54 COP 4,790

-33.12%

Lettuce (1 head)

$0.70 $0.70

$1.17 COP 3,651

-40.17%

Water (1.5 liter bottle)

$0.99 $0.99

$1.31 COP 4,077

-24.43%

Cigarettes 20 Pack (Marlboro, Camel)

$2.95 $2.95

$3.90 COP 12.2K

-24.36%

Wine (Bottle)

$9.81 $9.81

$14.01 COP 43.7K

-29.98%

Local Beer (0.5 liter bottle)

$1.57 $1.57

$1.74 COP 5,439

-9.77%

Imported Beer (0.33 liter bottle)

$3.16 $3.16

$2.87 COP 8,956

10.10%

One-way Ticket (Public Transport)

$0.33 $0.33

$1.22 COP 3,792

-72.95%

Public Transport Monthly Pass (Regular Price)

$15.66 $15.66

$80.5 COP 251.1K

-80.54%

Taxi Start (Normal Tariff)

$1.52 $1.52

$1.31 COP 4,084

16.03%

Taxi (Normal Tariff) (1km)

$1.51 $1.51

$2.19 COP 6,825

-31.05%

Taxi 1hour Waiting (Normal Tariff)

$10.01 $10.01

$8.71 COP 27.2K

14.93%

Gasoline (1 liter)

$0.67 $0.67

$1.37 COP 4,260

-51.09%

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

$21.3K $21.3K

$27.8K COP 86.9M

-23.63%

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

$28.0K $28.0K

$35.8K COP 111.6M

-21.69%

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

$28.71 $28.71

$177 COP 553.2K

-83.81%

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

$15.24 $15.24

$13.88 COP 43.3K

9.80%

Internet (50+ Mbps, Unlimited Data)

$17.91 $17.91

$29.72 COP 92.8K

-39.74%

Gym Membership (Monthly)

$29.81 $29.81

$44.88 COP 140.1K

-33.58%

Tennis Court (1 Hour on Weekend)

$18.04 $18.04

$17.12 COP 53.4K

5.37%

Cinema Ticket

$6.88 $6.88

$6.65 COP 20.7K

3.46%

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

$108 $108

$813 COP 2.5M

-86.74%

International Primary School, 1 Child (Yearly)

$8,868 $8,868

$9,187 COP 28.7M

-3.47%

Jeans (Levis 501 Or Similar)

$59.8 $59.8

$89.5 COP 279.3K

-33.20%

Summer Dress (H&M, Zara, etc)

$45.76 $45.76

$59.0 COP 184.0K

-22.40%

Sport Shoes (Adidas, Nike)

$91.5 $91.5

$138 COP 431.2K

-33.77%

Men's Leather Business Shoes

$50.5 $50.5

$102 COP 318.7K

-50.54%

1-bedroom Apartment, City Center (Monthly)

$227 $227

$1,062 COP 3.3M

-78.61%

1-bedroom Apartment, Outside City Center (Monthly)

$177 $177

$663 COP 2.1M

-73.32%

3-bedroom Apartment, City Center (Monthly)

$688 $688

$1,888 COP 5.9M

-63.55%

3-bedroom Apartment, Outside City Center (Monthly)

$411 $411

$1,027 COP 3.2M

-59.99%

Buy Apartment in City Center (m2)

$1,206 $1,206

$4,183 COP 13.1M

-71.17%

Buy Apartment Outside City Center (m2)

$783 $783

$1,675 COP 5.2M

-53.22%

Average Monthly Net Salary (After Tax)

$599 $599

$678 COP 2.1M

-11.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.12

10.94

-7.50%

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

Last update for Ibarra: September 12, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $227 in Ibarra and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 13% 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: $25.00 in Ibarra vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $175 vs $305 per month, with Ibarra 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

Ibarra vs Medellin: Cost of Living - Frequently Asked Questions

Ibarra wins on cost – living expenses run 148% lower than in Medellin. Housing and daily spending are where you'll feel the difference most, making Ibarra the obvious pick if budget is a priority.

On paper, salaries run 13% lower in Medellin. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $227 in Ibarra versus $1,062 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 75% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Ibarra – a meal for two runs $25.00 versus $48.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $678 in Ibarra versus $1,681 in Medellin, a $1,000 budget is realistic in Ibarra but tight or insufficient in Medellin. The gap between the two cities makes Ibarra the clear choice for anyone on this budget.

Both work as nomad bases, but Ibarra delivers better value – similar infrastructure at $678 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ibarra hard to pass up.

Expats usually find Ibarra gentler on the wallet – expenses run 148% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.