Cost of Living Comparison Between Jaco Beach and Medellin Cost of Living Comparison Between Jaco Beach and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,315 in Jaco Beach versus $1,013 in Medellin.

Estimated couple costs with rent: $2,098 in Jaco Beach versus $1,602 in Medellin.

Monthly costs for a family of three with rent: $2,880 in Jaco Beach versus $2,192 in Medellin.

Living in Jaco Beach is roughly 30% more expensive than Medellin, driven mainly by Groceries & Markets.

Both cities sit below the global median: Jaco Beach 2% lower, Medellin 24% lower.

Meal at Budget Restaurant

$7.30 ₡3,348

$5.99 COP 21.5K

21.87%

Three-Course Dinner for Two, Mid-Range

$39.91 ₡18.3K

$32.86 COP 118.1K

21.45%

Fast Food Meal (McDonalds, etc)

$8.75 ₡4,010

$7.09 COP 25.5K

23.41%

Cappuccino

$3.80 ₡1,742

$1.71 COP 6,155

122.22%

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

$1.59 ₡727

$1.10 COP 3,950

44.55%

Water (0.33 liter bottle)

$0.91 ₡419

$0.78 COP 2,799

16.67%

Local Beer (0.5 liter draught)

$2.93 ₡1,341

$1.68 COP 6,037

74.40%

Imported Beer (0.33 liter bottle)

$2.97 ₡1,360

$3.07 COP 11.0K

-3.26%

Milk (1 liter)

$1.46 ₡670

$1.09 COP 3,931

33.94%

White Bread (500g)

$2.03 ₡929

$1.26 COP 4,537

61.11%

Rice (white) (1kg)

$2.13 ₡978

$1.38 COP 4,955

54.35%

Eggs

$2.46 ₡1,128

$2.19 COP 7,878

12.33%

Local Cheese (1kg)

$9.81 ₡4,498

$4.40 COP 15.8K

122.95%

Chicken Fillets (1kg)

$8.20 ₡3,761

$5.63 COP 20.2K

45.65%

Beef Round Steak (1kg)

$10.77 ₡4,937

$8.89 COP 32.0K

21.15%

Apples (1kg)

$4.43 ₡2,033

$2.34 COP 8,403

89.32%

Banana (1kg)

$1.52 ₡697

$1.06 COP 3,802

43.40%

Oranges (1kg)

$4.24 ₡1,942

$1.50 COP 5,409

182.67%

Tomato (1kg)

$3.15 ₡1,442

$1.38 COP 4,956

128.26%

Potato (1kg)

$1.36 ₡622

$1.15 COP 4,138

18.26%

Onion (1kg)

$1.29 ₡590

$1.16 COP 4,183

11.21%

Lettuce (1 head)

$0.86 ₡394

$0.89 COP 3,203

-3.37%

Water (1.5 liter bottle)

$1.77 ₡811

$0.84 COP 3,016

110.71%

Cigarettes 20 Pack (Marlboro, Camel)

$5.39 ₡2,471

$2.28 COP 8,198

136.40%

Wine (Bottle)

$13.85 ₡6,351

$10.64 COP 38.3K

30.17%

Local Beer (0.5 liter bottle)

$2.34 ₡1,071

$1.20 COP 4,312

95.00%

Imported Beer (0.33 liter bottle)

$1.97 ₡905

$2.47 COP 8,882

-20.24%

One-way Ticket (Public Transport)

$1.03 ₡474

$0.86 COP 3,076

19.77%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 148.8K

Taxi Start (Normal Tariff)

$1.79 ₡821

$1.47 COP 5,298

21.77%

Taxi (Normal Tariff) (1km)

$1.84 ₡845

$1.96 COP 7,055

-6.12%

Taxi 1hour Waiting (Normal Tariff)

$8.00 ₡3,665

$7.74 COP 27.8K

3.36%

Gasoline (1 liter)

$1.45 ₡667

$0.95 COP 3,431

52.63%

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

$38.4K ₡17.6M

$18.1K COP 65.2M

111.99%

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

$32.6K ₡14.9M

$26.5K COP 95.2M

23.07%

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

$71.1 ₡32.6K

$82.3 COP 295.7K

-13.58%

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

$21.66 ₡9,928

$9.50 COP 34.2K

128.00%

Internet (50+ Mbps, Unlimited Data)

$42.49 ₡19.5K

$24.23 COP 87.1K

75.36%

Gym Membership (Monthly)

$47.14 ₡21.6K

$25.89 COP 93.0K

82.08%

Tennis Court (1 Hour on Weekend)

$23.68 ₡10.9K

$19.00 COP 68.3K

24.63%

Cinema Ticket

$9.73 ₡4,460

$3.93 COP 14.1K

147.58%

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

$447 ₡204.8K

$309 COP 1.1M

44.37%

International Primary School, 1 Child (Yearly)

$6,633 ₡3.0M

$5,965 COP 21.4M

11.20%

Jeans (Levis 501 Or Similar)

$62.2 ₡28.5K

$58.7 COP 210.8K

5.95%

Summer Dress (H&M, Zara, etc)

$52.0 ₡23.8K

$32.35 COP 116.3K

60.74%

Sport Shoes (Adidas, Nike)

$125 ₡57.4K

$103 COP 368.8K

22.09%

Men's Leather Business Shoes

$109 ₡49.8K

$108 COP 389.7K

0.23%

1-bedroom Apartment, City Center (Monthly)

$556 ₡255.0K

$476 COP 1.7M

16.84%

1-bedroom Apartment, Outside City Center (Monthly)

$495 ₡226.8K

$379 COP 1.4M

30.61%

3-bedroom Apartment, City Center (Monthly)

$1,865 ₡854.9K

$838 COP 3.0M

122.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,044 ₡478.6K

$724 COP 2.6M

44.23%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.4M

Average Monthly Net Salary (After Tax)

$401 ₡184.0K

$512 COP 1.8M

-21.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.17

13.43

-24.27%

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

Last update for Jaco Beach: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $556 in Jaco Beach and $476 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 28% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $40.00 in Jaco Beach vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $295 vs $188 per month, with Medellin 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

Jaco Beach vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment, Monthly Utilities & Internet. The 30% gap adds up to real monthly savings that compound significantly over time.

On paper, Medellin earns 28% less. 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: $556 in Jaco Beach versus $476 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $447 in Jaco Beach versus $309 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $40.00 in Jaco Beach. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,013 in Medellin versus $1,315 in Jaco Beach, a $1,500 budget is realistic in Medellin but tight or insufficient in Jaco Beach. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Jaco Beach, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Jaco Beach and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 30% less than in Jaco Beach. Beyond cost, consider language, visa policies, and how big the international community is in each city.