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

Monthly Cost of Living

A single person spends $731 per month in Ife vs $1,003 in Medellin, rent included.

A couple spends around $1,166 per month in Ife vs $1,573 in Medellin, rent included.

A family of three spends $1,601 per month in Ife vs $2,143 in Medellin, rent included.

Ife is about 27% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Ife and Medellin are more affordable than the global median – Ife 45% lower, Medellin 25% lower.

Meal at Budget Restaurant

$2.81 ₦3,834

$5.91 COP 18.9K

-52.45%

Three-Course Dinner for Two, Mid-Range

$35.69 ₦48.7K

$32.96 COP 105.2K

8.28%

Fast Food Meal (McDonalds, etc)

$5.19 ₦7,081

$7.43 COP 23.7K

-30.15%

Cappuccino

$0.84 ₦1,150

$1.65 COP 5,276

-49.09%

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

$0.47 ₦638

$1.10 COP 3,514

-57.27%

Water (0.33 liter bottle)

$0.26 ₦350

$0.78 COP 2,491

-66.67%

Local Beer (0.5 liter draught)

$0.97 ₦1,322

$1.72 COP 5,484

-43.60%

Imported Beer (0.33 liter bottle)

$1.20 ₦1,636

$3.18 COP 10.1K

-62.26%

Milk (1 liter)

$1.10 COP 3,521

White Bread (500g)

$0.68 ₦925

$1.26 COP 4,015

-46.03%

Rice (white) (1kg)

$1.74 ₦2,375

$1.38 COP 4,407

26.09%

Eggs

$2.34 ₦3,185

$2.18 COP 6,950

7.34%

Local Cheese (1kg)

$4.57 ₦6,233

$4.49 COP 14.3K

1.78%

Chicken Fillets (1kg)

$5.10 ₦6,953

$5.79 COP 18.5K

-11.92%

Beef Round Steak (1kg)

$4.23 ₦5,760

$8.97 COP 28.6K

-52.84%

Apples (1kg)

$5.97 ₦8,132

$2.32 COP 7,405

157.33%

Banana (1kg)

$1.06 COP 3,397

Oranges (1kg)

$1.52 COP 4,838

Tomato (1kg)

$1.36 COP 4,327

Potato (1kg)

$0.92 ₦1,250

$1.13 COP 3,599

-18.58%

Onion (1kg)

$1.18 ₦1,611

$1.17 COP 3,738

0.85%

Lettuce (1 head)

$0.90 COP 2,876

Water (1.5 liter bottle)

$0.90 COP 2,861

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,128

Wine (Bottle)

$2.21 ₦3,013

$12.12 COP 38.7K

-81.77%

Local Beer (0.5 liter bottle)

$1.19 COP 3,793

Imported Beer (0.33 liter bottle)

$2.48 COP 7,920

One-way Ticket (Public Transport)

$0.37 ₦499

$0.85 COP 2,723

-56.47%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 132.8K

Taxi Start (Normal Tariff)

$1.42 COP 4,518

Taxi (Normal Tariff) (1km)

$1.95 COP 6,223

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 25.2K

Gasoline (1 liter)

$0.38 ₦517

$0.99 COP 3,160

-61.62%

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

$17.6K COP 56.2M

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

$26.8K COP 85.5M

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

$30.54 ₦41.6K

$83.0 COP 264.9K

-63.21%

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

$6.16 ₦8,397

$9.70 COP 30.9K

-36.49%

Internet (50+ Mbps, Unlimited Data)

$47.01 ₦64.1K

$23.52 COP 75.0K

99.87%

Gym Membership (Monthly)

$23.17 ₦31.6K

$25.26 COP 80.6K

-8.27%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.9K

Cinema Ticket

$4.58 ₦6,237

$3.95 COP 12.6K

15.95%

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

$46.22 ₦63.0K

$316 COP 1.0M

-85.36%

International Primary School, 1 Child (Yearly)

$421 ₦574.1K

$5,975 COP 19.1M

-92.95%

Jeans (Levis 501 Or Similar)

$23.23 ₦31.7K

$60.0 COP 191.4K

-61.28%

Summer Dress (H&M, Zara, etc)

$34.89 ₦47.6K

$31.82 COP 101.5K

9.65%

Sport Shoes (Adidas, Nike)

$59.2 ₦80.6K

$102 COP 324.4K

-41.82%

Men's Leather Business Shoes

$69.7 ₦94.9K

$107 COP 342.8K

-35.18%

1-bedroom Apartment, City Center (Monthly)

$586 ₦799.1K

$475 COP 1.5M

23.44%

1-bedroom Apartment, Outside City Center (Monthly)

$344 ₦469.5K

$374 COP 1.2M

-7.90%

3-bedroom Apartment, City Center (Monthly)

$1,159 ₦1.6M

$849 COP 2.7M

36.46%

3-bedroom Apartment, Outside City Center (Monthly)

$702 ₦956.6K

$719 COP 2.3M

-2.46%

Buy Apartment in City Center (m2)

$3,265 COP 10.4M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.6M

Average Monthly Net Salary (After Tax)

$50.8 ₦69.2K

$624 COP 2.0M

-91.87%

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: July 27, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $586 in Ife versus $475 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 1130% 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 – $114 in Ife vs $193 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: $731 in Ife, $1,003 in Medellin – roughly 37% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,097 per month in Ife and $1,504 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 $731 in Ife and $1,003 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $46.22 per month in Ife and $316 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 $731, than in Medellin at $1,003. 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 $731 in Ife to $1,003 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.