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

Monthly Cost of Living

A single person spends $715 per month in Ife vs $1,017 in Medellin, rent included.

A couple spends around $1,174 per month in Ife vs $1,602 in Medellin, rent included.

A family of three spends $1,633 per month in Ife vs $2,188 in Medellin, rent included.

Ife is about 30% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Ife and Medellin are more affordable than the global median – Ife 47% lower, Medellin 24% lower.

Meal at Budget Restaurant

$2.77 ₦3,767

$5.95 COP 20.8K

-53.45%

Three-Course Dinner for Two, Mid-Range

$35.63 ₦48.4K

$33.33 COP 116.3K

6.90%

Fast Food Meal (McDonalds, etc)

$5.19 ₦7,064

$7.23 COP 25.2K

-28.22%

Cappuccino

$0.85 ₦1,152

$1.63 COP 5,687

-47.85%

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

$0.47 ₦636

$1.09 COP 3,821

-56.88%

Water (0.33 liter bottle)

$0.28 ₦382

$0.73 COP 2,548

-61.64%

Local Beer (0.5 liter draught)

$0.92 ₦1,250

$1.74 COP 6,065

-47.13%

Imported Beer (0.33 liter bottle)

$1.15 ₦1,567

$3.23 COP 11.3K

-64.40%

Milk (1 liter)

$1.05 COP 3,662

White Bread (500g)

$0.73 ₦998

$1.29 COP 4,515

-43.41%

Rice (white) (1kg)

$1.78 ₦2,417

$1.32 COP 4,617

34.85%

Eggs

$2.37 ₦3,221

$2.27 COP 7,927

4.41%

Local Cheese (1kg)

$4.61 ₦6,269

$4.35 COP 15.2K

5.98%

Chicken Fillets (1kg)

$5.26 ₦7,151

$5.88 COP 20.5K

-10.54%

Beef Round Steak (1kg)

$4.26 ₦5,791

$8.61 COP 30.0K

-50.52%

Apples (1kg)

$5.71 ₦7,769

$2.25 COP 7,844

153.78%

Banana (1kg)

$1.07 COP 3,733

Oranges (1kg)

$1.52 COP 5,322

Tomato (1kg)

$1.42 COP 4,964

Potato (1kg)

$0.93 ₦1,262

$1.17 COP 4,084

-20.51%

Onion (1kg)

$1.19 ₦1,624

$1.17 COP 4,077

1.71%

Lettuce (1 head)

$0.89 COP 3,096

Water (1.5 liter bottle)

$0.90 COP 3,146

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

Wine (Bottle)

$2.15 ₦2,925

$11.04 COP 38.5K

-80.53%

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

One-way Ticket (Public Transport)

$0.36 ₦491

$0.84 COP 2,916

-57.14%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$1.41 COP 4,912

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

Gasoline (1 liter)

$0.38 ₦516

$1.01 COP 3,509

-62.38%

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

$17.6K COP 61.4M

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

$26.5K COP 92.5M

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

$29.64 ₦40.3K

$83.7 COP 292.1K

-64.58%

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

$5.86 ₦7,975

$9.45 COP 33.0K

-37.99%

Internet (50+ Mbps, Unlimited Data)

$46.69 ₦63.5K

$24.11 COP 84.1K

93.65%

Gym Membership (Monthly)

$23.04 ₦31.3K

$25.31 COP 88.3K

-8.97%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$4.74 ₦6,451

$4.10 COP 14.3K

15.61%

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

$46.67 ₦63.5K

$312 COP 1.1M

-85.04%

International Primary School, 1 Child (Yearly)

$415 ₦564.0K

$5,993 COP 20.9M

-93.08%

Jeans (Levis 501 Or Similar)

$23.43 ₦31.9K

$58.0 COP 202.6K

-59.63%

Summer Dress (H&M, Zara, etc)

$35.55 ₦48.3K

$32.56 COP 113.6K

9.18%

Sport Shoes (Adidas, Nike)

$58.3 ₦79.2K

$99.6 COP 347.7K

-41.50%

Men's Leather Business Shoes

$70.9 ₦96.4K

$109 COP 378.8K

-34.69%

1-bedroom Apartment, City Center (Monthly)

$597 ₦811.5K

$482 COP 1.7M

23.74%

1-bedroom Apartment, Outside City Center (Monthly)

$357 ₦485.6K

$379 COP 1.3M

-5.89%

3-bedroom Apartment, City Center (Monthly)

$1,187 ₦1.6M

$837 COP 2.9M

41.70%

3-bedroom Apartment, Outside City Center (Monthly)

$706 ₦960.0K

$723 COP 2.5M

-2.37%

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)

$52.3 ₦71.1K

$541 COP 1.9M

-90.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Ife: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $597 in Ife versus $482 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 934% 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 $36.00 in Ife versus $33.00 in Medellin. Groceries tell a different story – $115 in Ife vs $190 in Medellin – so Ife wins on supermarket bills even if dining out costs more.

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: $715 in Ife, $1,017 in Medellin – roughly 42% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,073 per month in Ife and $1,525 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 $715 in Ife and $1,017 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $46.67 per month in Ife and $312 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 $715, than in Medellin at $1,017. 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 $715 in Ife to $1,017 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.