Cost of Living Comparison Between Ibb and MedellinCost of Living Comparison Between Ibb and Medellin
Monthly Cost of Living
🙂Monthly costs for one person with rent: $879 in Ibb versus $1,681 in Medellin.
🙂Estimated couple costs with rent: $1,447 in Ibb versus $2,445 in Medellin.
🙂Monthly costs for a family of three with rent: $2,014 in Ibb versus $3,210 in Medellin.
🌍Living in Ibb costs roughly 48% less than in Medellin, driven mainly by Getting Around.
📊The two cities straddle the global median: Ibb is 36% below, Medellin is 23% above.
Currency
🍽 Eating Out
Ibb
Medellin
Difference
Meal at Budget Restaurant
$6.30YER 1,487
$8.02COP 25.0K
-21.45%
Three-Course Dinner for Two, Mid-Range
$25.73YER 6,079
$47.87COP 149.4K
-46.25%
Fast Food Meal(McDonalds, etc)
$13.05YER 3,084
$9.89COP 30.8K
31.95%
Local Non-Alcoholic Beer(0.5 liter draught)
$2.03YER 480
-
-
Imported Non-Alcoholic Beer(0.33 liter bottle)
$2.56YER 604
-
-
Cappuccino
$2.17YER 512
$3.13COP 9,767
-30.67%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.12YER 265
$1.91COP 5,954
-41.36%
Water(0.33 liter bottle)
$0.50YER 118
$1.51COP 4,712
-66.89%
Local Beer(0.5 liter draught)
-
$3.12COP 9,747
-
Imported Beer(0.33 liter bottle)
-
$5.75COP 17.9K
-
🛒 Groceries & Markets
Ibb
Medellin
Difference
Milk(1 liter)
$2.06YER 486
$1.44COP 4,509
43.06%
White Bread(500g)
$0.98YER 230
$2.49COP 7,759
-60.64%
Rice(white)(1kg)
$2.02YER 476
$1.77COP 5,535
14.12%
Eggs
$3.63YER 857
$2.96COP 9,235
22.64%
Local Cheese(1kg)
$13.87YER 3,277
$10.07COP 31.4K
37.74%
Chicken Fillets(1kg)
$8.12YER 1,918
$10.12COP 31.6K
-19.76%
Beef Round Steak(1kg)
$19.07YER 4,504
$14.30COP 44.6K
33.36%
Apples(1kg)
$3.26YER 771
$4.14COP 12.9K
-21.26%
Banana(1kg)
$1.01YER 239
$1.61COP 5,019
-37.27%
Oranges(1kg)
$2.25YER 532
$2.25COP 7,007
-
Tomato(1kg)
$1.68YER 397
$2.25COP 7,028
-25.33%
Potato(1kg)
$1.47YER 347
$2.04COP 6,375
-27.94%
Onion(1kg)
$1.32YER 311
$1.54COP 4,790
-14.29%
Lettuce(1 head)
$0.81YER 192
$1.17COP 3,651
-30.77%
Water(1.5 liter bottle)
$0.69YER 163
$1.31COP 4,077
-47.33%
Bottle of Non-Alcoholic Wine(Mid-Range)
$3.36YER 793
-
-
Local Non-Alcoholic Beer(0.5 liter bottle)
$1.84YER 435
-
-
Imported Non-Alcoholic Beer(0.33 liter bottle)
$3.48YER 821
-
-
Cigarettes 20 Pack(Marlboro, Camel)
$3.95YER 933
$3.90COP 12.2K
1.28%
Wine(Bottle)
-
$14.01COP 43.7K
-
Local Beer(0.5 liter bottle)
-
$1.74COP 5,439
-
Imported Beer(0.33 liter bottle)
-
$2.87COP 8,956
-
🚌 Getting Around
Ibb
Medellin
Difference
One-way Ticket(Public Transport)
-
$1.22COP 3,792
-
Public Transport Monthly Pass(Regular Price)
-
$80.5COP 251.1K
-
Taxi Start(Normal Tariff)
$2.12YER 502
$1.31COP 4,084
61.83%
Taxi(Normal Tariff)(1km)
$2.56YER 605
$2.19COP 6,825
16.89%
Taxi 1hour Waiting(Normal Tariff)
$7.36YER 1,739
$8.71COP 27.2K
-15.50%
Gasoline(1 liter)
$2.05YER 485
$1.37COP 4,260
49.64%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.0KYER 4.0M
$27.8KCOP 86.9M
-39.05%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.9KYER 8.2M
$35.8KCOP 111.6M
-2.57%
🧾 Monthly Utilities & Internet
Ibb
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$63.6YER 15.0K
$177COP 553.2K
-64.13%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$15.57YER 3,677
$13.88COP 43.3K
12.18%
Internet(50+ Mbps, Unlimited Data)
$29.89YER 7,060
$29.72COP 92.8K
0.57%
🎉 Sport & Entertainment
Ibb
Medellin
Difference
Gym Membership(Monthly)
-
$44.88COP 140.1K
-
Tennis Court(1 Hour on Weekend)
-
$17.12COP 53.4K
-
Cinema Ticket
$5.99YER 1,415
$6.65COP 20.7K
-9.92%
🧸 Childcare & Education
Ibb
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$24.80YER 5,859
$813COP 2.5M
-96.95%
International Primary School, 1 Child(Yearly)
$2,138YER 505.1K
$9,187COP 28.7M
-76.72%
👕👟 Clothing & Footwear
Ibb
Medellin
Difference
Jeans(Levis 501 Or Similar)
$29.42YER 6,950
$89.5COP 279.3K
-67.12%
Summer Dress(H&M, Zara, etc)
$120YER 28.4K
$59.0COP 184.0K
103.51%
Sport Shoes(Adidas, Nike)
$47.06YER 11.1K
$138COP 431.2K
-65.95%
Men's Leather Business Shoes
$40.69YER 9,613
$102COP 318.7K
-60.16%
🏠 Accommodation & Living
Ibb
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
$313YER 74.0K
$1,062COP 3.3M
-70.51%
1-bedroom Apartment, Outside City Center(Monthly)
$252YER 59.6K
$663COP 2.1M
-61.96%
3-bedroom Apartment, City Center(Monthly)
$773YER 182.7K
$1,888COP 5.9M
-59.05%
3-bedroom Apartment, Outside City Center(Monthly)
$629YER 148.7K
$1,027COP 3.2M
-38.72%
Buy Apartment in City Center(m2)
-
$4,183COP 13.1M
-
Buy Apartment Outside City Center(m2)
-
$1,675COP 5.2M
-
💵 Salaries & Financials
Ibb
Medellin
Difference
Average Monthly Net Salary(After Tax)
$359YER 84.8K
$678COP 2.1M
-47.03%
20-Year Fixed Mortgage Interest Rate(Annual %)
11.25
10.94
2.83%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Ibb: September 13, 2026
Last update for Medellin: September 14, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $313 in Ibb and $1,062 in Medellin. Housing cost is often the main lever when comparing two cities.
💰Medellin pays 89% 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: $26.00 in Ibb vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $251 vs $305 per month, with Ibb 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
Ibb vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Ibb?
Ibb is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Getting Around, Sport & Entertainment. The 91% gap adds up to real monthly savings that compound significantly over time.
Where can you earn more: Ibb or Medellin?
On paper, salaries run 89% 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.
What is the rent difference between Ibb and Medellin?
Rent for a central apartment: $313 in Ibb versus $1,062 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.
How do food prices compare in Ibb and in Medellin?
Supermarket bills run roughly 21% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.
What are total monthly expenses in Ibb and in Medellin?
All in, you'll spend $879 per month in Ibb versus $1,681 in Medellin – a 91% gap that adds up to real savings over time for anyone picking the cheaper option.
Is $1,500 a realistic budget for living in Ibb or in Medellin?
At $879 in Ibb versus $1,681 in Medellin, a $1,500 budget is realistic in Ibb but tight or insufficient in Medellin. The gap between the two cities makes Ibb the clear choice for anyone on this budget.
Is Ibb or Medellin more family-friendly?
For families, Ibb is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is easier to live in as a foreigner?
Expats usually find Ibb gentler on the wallet – expenses run 91% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.