Cost of Living Comparison Between Ife and Medellin Cost of Living Comparison Between Ife and Medellin

Monthly Cost of Living

A single person spends $279 per month in Ife vs $1,641 in Medellin, rent included.

A couple spends around $426 per month in Ife vs $2,447 in Medellin, rent included.

A family of three spends $573 per month in Ife vs $3,253 in Medellin, rent included.

Ife is about 83% cheaper than Medellin, driven mainly by Groceries & Markets.

Ife sits 80% below the global median, while Medellin is 19% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$1.60 ₦2,118

$8.04 COP 24.8K

-80.10%

Three-Course Dinner for Two, Mid-Range

$11.13 ₦14.7K

$48.29 COP 148.7K

-76.95%

Fast Food Meal (McDonalds, etc)

$3.66 ₦4,856

$9.42 COP 29.0K

-61.15%

Cappuccino

$0.27 ₦361

$2.94 COP 9,045

-90.82%

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

$0.33 ₦441

$1.86 COP 5,738

-82.26%

Water (0.33 liter bottle)

$0.19 ₦255

$1.46 COP 4,481

-86.99%

Local Beer (0.5 liter draught)

$0.29 ₦378

$3.21 COP 9,887

-90.97%

Imported Beer (0.33 liter bottle)

$0.35 ₦470

$5.71 COP 17.6K

-93.87%

Milk (1 liter)

$1.44 COP 4,431

White Bread (500g)

$0.23 ₦305

$2.40 COP 7,393

-90.42%

Rice (white) (1kg)

$0.58 ₦775

$1.70 COP 5,230

-65.88%

Eggs

$1.32 ₦1,749

$2.89 COP 8,901

-54.33%

Local Cheese (1kg)

$1.47 ₦1,946

$10.06 COP 31.0K

-85.39%

Chicken Fillets (1kg)

$1.62 ₦2,153

$9.97 COP 30.7K

-83.75%

Beef Round Steak (1kg)

$1.30 ₦1,727

$14.20 COP 43.7K

-90.85%

Apples (1kg)

$1.90 ₦2,521

$3.98 COP 12.3K

-52.26%

Banana (1kg)

$1.58 COP 4,880

Oranges (1kg)

$2.15 COP 6,627

Tomato (1kg)

$2.30 COP 7,082

Potato (1kg)

$0.31 ₦411

$2.00 COP 6,172

-84.50%

Onion (1kg)

$0.35 ₦469

$1.51 COP 4,648

-76.82%

Lettuce (1 head)

$1.20 COP 3,703

Water (1.5 liter bottle)

$1.28 COP 3,948

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

Wine (Bottle)

$2.21 ₦2,934

$14.01 COP 43.1K

-84.23%

Local Beer (0.5 liter bottle)

$1.71 COP 5,259

Imported Beer (0.33 liter bottle)

$2.74 COP 8,444

One-way Ticket (Public Transport)

$0.12 ₦158

$1.25 COP 3,836

-90.40%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.9K

Taxi Start (Normal Tariff)

$1.31 COP 4,018

Taxi (Normal Tariff) (1km)

$2.17 COP 6,684

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

Gasoline (1 liter)

$0.14 ₦182

$1.36 COP 4,174

-89.71%

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

$27.5K COP 84.6M

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

$36.5K COP 112.5M

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

$30.32 ₦40.2K

$169 COP 519.5K

-82.03%

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

$6.05 ₦8,019

$13.57 COP 41.8K

-55.42%

Internet (50+ Mbps, Unlimited Data)

$15.07 ₦20.0K

$28.32 COP 87.2K

-46.79%

Gym Membership (Monthly)

$7.34 ₦9,721

$45.71 COP 140.8K

-83.94%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

Cinema Ticket

$1.51 ₦2,006

$6.65 COP 20.5K

-77.29%

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

$15.14 ₦20.1K

$803 COP 2.5M

-98.12%

International Primary School, 1 Child (Yearly)

$135 ₦179.5K

$9,190 COP 28.3M

-98.53%

Jeans (Levis 501 Or Similar)

$7.62 ₦10.1K

$87.4 COP 269.0K

-91.28%

Summer Dress (H&M, Zara, etc)

$11.23 ₦14.9K

$59.4 COP 182.8K

-81.08%

Sport Shoes (Adidas, Nike)

$18.87 ₦25.0K

$139 COP 427.7K

-86.42%

Men's Leather Business Shoes

$22.29 ₦29.5K

$102 COP 314.2K

-78.16%

1-bedroom Apartment, City Center (Monthly)

$184 ₦244.5K

$1,071 COP 3.3M

-82.77%

1-bedroom Apartment, Outside City Center (Monthly)

$111 ₦147.0K

$653 COP 2.0M

-83.01%

3-bedroom Apartment, City Center (Monthly)

$373 ₦493.9K

$1,925 COP 5.9M

-80.64%

3-bedroom Apartment, Outside City Center (Monthly)

$226 ₦299.6K

$1,048 COP 3.2M

-78.43%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

Average Monthly Net Salary (After Tax)

$52.4 ₦69.4K

$655 COP 2.0M

-92.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Ife: September 6, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A central one-bedroom costs $184 in Ife versus $1,071 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 1150% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $11.00 in Ife versus $48.00 in Medellin. Monthly groceries follow the same trend: $42.00 vs $300 – making Ife the more affordable choice for daily food spending.

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

Ife vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $279 in Ife, $1,641 in Medellin – roughly 487% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $419 per month in Ife and $2,462 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ife, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $279 in Ife and $1,641 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $15.14 per month in Ife and $803 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Ife, where all-in costs run around $279, than in Medellin at $1,641. In Ife it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $279 in Ife to $1,641 in Medellin. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Ife. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.