Cost of Living Comparison Between Lae and Medellin Cost of Living Comparison Between Lae and Medellin

🙂 Solo nomad: Lae is 17.3% cheaper than Medellin without rent, and 22% more expensive with rent.

🙂 Family of 3: Lae is 3.1% cheaper than Medellin without rent, and 35.9% cheaper with rent.

Meal at Budget Restaurant

$10.68 PGK 43.6

$6.23 COP 26K

71.43%

Three-Course Dinner for Two, Mid-Range

$55.7 PGK 227

$32.34 COP 134.8K

72.26%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

Cappuccino

$2.92 PGK 11.94

$1.72 COP 7,155

69.77%

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

$0.87 PGK 3.55

$1.1 COP 4,575

-20.91%

Water (0.33 liter bottle)

$0.59 PGK 2.4

$0.73 COP 3,060

-19.18%

Local Beer (0.5 liter draught)

$3.68 PGK 15

$1.66 COP 6,916

121.69%

Imported Beer (0.33 liter bottle)

$5.63 PGK 22.99

$3.2 COP 13.3K

75.94%

Milk (1 liter)

$2.11 PGK 8.61

$1.09 COP 4,552

93.58%

White Bread (500g)

$1.55 PGK 6.33

$1.24 COP 5,188

25.00%

Rice (white) (1kg)

$1.42 PGK 5.78

$1.33 COP 5,544

6.77%

Eggs

$4.32 PGK 17.63

$2.22 COP 9,252

94.59%

Local Cheese (1kg)

$10.09 PGK 41.21

$4.55 COP 19K

121.76%

Chicken Fillets (1kg)

$9.62 PGK 39.28

$5.71 COP 23.8K

68.48%

Beef Round Steak (1kg)

$11.32 PGK 46.21

$8.59 COP 35.8K

31.78%

Apples (1kg)

$4.71 PGK 19.24

$2.26 COP 9,410

108.41%

Banana (1kg)

$2.93 PGK 11.95

$1.07 COP 4,461

173.83%

Oranges (1kg)

$6.41 PGK 26.17

$1.51 COP 6,293

324.50%

Tomato (1kg)

$1.64 PGK 6.69

$1.42 COP 5,911

15.49%

Potato (1kg)

$3.67 PGK 14.96

$1.11 COP 4,619

230.63%

Onion (1kg)

$2.55 PGK 10.4

$1.18 COP 4,932

116.10%

Lettuce (1 head)

$0.75 PGK 3.07

$0.89 COP 3,718

-15.73%

Water (1.5 liter bottle)

$0.94 PGK 3.84

$0.84 COP 3,507

11.90%

Cigarettes 20 Pack (Marlboro, Camel)

$7.02 PGK 28.68

$2.35 COP 9,809

198.72%

Wine (Bottle)

$13.11 PGK 53.5

$9.34 COP 38.9K

40.36%

Local Beer (0.5 liter bottle)

$2.7 PGK 11.04

$1.18 COP 4,927

128.81%

Imported Beer (0.33 liter bottle)

$4.8 PGK 19.58

$2.49 COP 10.4K

92.77%

One-way Ticket (Public Transport)

$0.34 PGK 1.41

$0.83 COP 3,464

-59.04%

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

Gasoline (1 liter)

$1.16 PGK 4.72

$1.02 COP 4,265

13.73%

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

$17.6K COP 73.4M

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

$26.2K COP 109.2M

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

$82.5 COP 344.1K

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

$9.44 COP 39.4K

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

Gym Membership (Monthly)

$25.68 COP 107.1K

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

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

$305 COP 1.3M

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

Men's Leather Business Shoes

$106 COP 440.5K

1-bedroom Apartment, City Center (Monthly)

$7,981 PGK 32.6K

$489 COP 2M

1530.83%

1-bedroom Apartment, Outside City Center (Monthly)

$736 PGK 3,004

$379 COP 1.6M

94.13%

3-bedroom Apartment, City Center (Monthly)

$1,456 PGK 5,942

$827 COP 3.4M

76.02%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$164 PGK 669

$550 COP 2.3M

-70.21%

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 Lae: October 28, 2025

Last update for Medellin: October 28, 2025

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