Last update: Oct 2026

Cost of Living Comparison Between Lake Oswego, OR and Medellin

For one person, living is cheaper in Medellin: $1,614 a month against $2,466 in Lake Oswego, OR, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

119

Cost of Living Index in Lake Oswego, OR
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Lake Oswego, OR Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Lake Oswego, OR

🇺🇸 United States

$2,466

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Lake Oswego, OR and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lake Oswego, OR and in Medellin actually costs, broken down by who's living it.

A single person spends $2,466 per month in Lake Oswego, OR vs $1,614 in Medellin, rent included.

Lake Oswego, OR $2,466
Medellin $1,614

A couple spends around $3,653 per month in Lake Oswego, OR vs $2,402 in Medellin, rent included.

Lake Oswego, OR $3,653
Medellin $2,402

A family of three spends $4,840 per month in Lake Oswego, OR vs $3,190 in Medellin, rent included.

Lake Oswego, OR $4,840
Medellin $3,190

Lake Oswego, OR costs about 53% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Lake Oswego, OR and Medellin sit above the global median – Lake Oswego, OR by 83%, Medellin by 20%.

Meal at Budget Restaurant

$21.65 $21.65

$7.93 COP 25.2K

173.01%

Three-Course Dinner for Two, Mid-Range

$88.7 $88.7

$46.13 COP 146.3K

92.30%

Fast Food Meal (McDonalds, etc)

$10.90 $10.90

$9.50 COP 30.1K

14.74%

Cappuccino

$5.79 $5.79

$3.11 COP 9,866

86.17%

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

$3.05 $3.05

$1.83 COP 5,800

66.67%

Water (0.33 liter bottle)

$2.02 $2.02

$1.38 COP 4,360

46.38%

Local Beer (0.5 liter draught)

$6.53 $6.53

$3.05 COP 9,672

114.10%

Imported Beer (0.33 liter bottle)

$5.86 $5.86

$5.50 COP 17.4K

6.55%

Milk (1 liter)

$1.03 $1.03

$1.45 COP 4,600

-28.97%

White Bread (500g)

$3.99 $3.99

$2.36 COP 7,496

69.07%

Rice (white) (1kg)

$5.38 $5.38

$1.68 COP 5,328

220.24%

Eggs

$4.35 $4.35

$2.86 COP 9,077

52.10%

Local Cheese (1kg)

$11.10 $11.10

$10.19 COP 32.3K

8.93%

Chicken Fillets (1kg)

$10.53 $10.53

$9.53 COP 30.2K

10.49%

Beef Round Steak (1kg)

$17.40 $17.40

$14.04 COP 44.5K

23.93%

Apples (1kg)

$3.69 $3.69

$4.07 COP 12.9K

-9.34%

Banana (1kg)

$1.50 $1.50

$1.50 COP 4,742

Oranges (1kg)

$2.79 $2.79

$2.17 COP 6,891

28.57%

Tomato (1kg)

$2.57 $2.57

$2.31 COP 7,310

11.26%

Potato (1kg)

$2.13 $2.13

$1.93 COP 6,113

10.36%

Onion (1kg)

$1.79 $1.79

$1.64 COP 5,196

9.15%

Lettuce (1 head)

$1.93 $1.93

$1.13 COP 3,571

70.80%

Water (1.5 liter bottle)

$1.78 $1.78

$1.25 COP 3,954

42.40%

Cigarettes 20 Pack (Marlboro, Camel)

$11.14 $11.14

$3.99 COP 12.6K

179.20%

Wine (Bottle)

$10.95 $10.95

$13.35 COP 42.3K

-17.98%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$1.70 COP 5,384

3.53%

Imported Beer (0.33 liter bottle)

$3.61 $3.61

$2.37 COP 7,525

52.32%

One-way Ticket (Public Transport)

$1.98 $1.98

$1.21 COP 3,827

63.64%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 242.5K

Taxi Start (Normal Tariff)

$4.51 $4.51

$1.32 COP 4,179

241.67%

Taxi (Normal Tariff) (1km)

$0.74 $0.74

$2.14 COP 6,774

-65.42%

Taxi 1hour Waiting (Normal Tariff)

$23.86 $23.86

$8.47 COP 26.8K

181.70%

Gasoline (1 liter)

$1.25 $1.25

$1.30 COP 4,114

-3.85%

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

$34.1K $34.1K

$28.0K COP 88.7M

21.80%

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

$24.2K $24.2K

$35.4K COP 112.3M

-31.56%

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

$151 $151

$172 COP 545.6K

-12.52%

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

$46.45 $46.45

$13.37 COP 42.4K

247.42%

Internet (50+ Mbps, Unlimited Data)

$63.5 $63.5

$28.73 COP 91.1K

120.95%

Gym Membership (Monthly)

$42.10 $42.10

$45.24 COP 143.5K

-6.94%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.0K

Cinema Ticket

$14.83 $14.83

$6.28 COP 19.9K

136.15%

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

$1,352 $1,352

$770 COP 2.4M

75.48%

International Primary School, 1 Child (Yearly)

$12.1K $12.1K

$9,011 COP 28.6M

34.53%

Jeans (Levis 501 Or Similar)

$40.20 $40.20

$86.4 COP 274.0K

-53.48%

Summer Dress (H&M, Zara, etc)

$30.33 $30.33

$57.1 COP 181.1K

-46.91%

Sport Shoes (Adidas, Nike)

$85.9 $85.9

$137 COP 432.9K

-37.08%

Men's Leather Business Shoes

$83.9 $83.9

$97.9 COP 310.4K

-14.27%

1-bedroom Apartment, City Center (Monthly)

$1,586 $1,586

$1,055 COP 3.3M

50.36%

1-bedroom Apartment, Outside City Center (Monthly)

$1,313 $1,313

$616 COP 2.0M

113.26%

3-bedroom Apartment, City Center (Monthly)

$2,506 $2,506

$1,892 COP 6.0M

32.43%

3-bedroom Apartment, Outside City Center (Monthly)

$2,165 $2,165

$1,023 COP 3.2M

111.67%

Buy Apartment in City Center (m2)

$2,743 $2,743

$4,059 COP 12.9M

-32.41%

Buy Apartment Outside City Center (m2)

$2,429 $2,429

$1,678 COP 5.3M

44.75%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

6.67

10.94

-39.03%

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

Last update for Lake Oswego, OR: October 10, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Lake Oswego, OR

$1.3K 53.3%

Medellin

$616 38.2% 53.1% $697

Groceries & Markets

Lake Oswego, OR

$356 14.4%

Medellin

$295 18.3% 17.2% $61

Eating Out

Lake Oswego, OR

$340 13.8%

Medellin

$168 10.4% 50.5% $172

Monthly Utilities & Internet

Lake Oswego, OR

$260 10.6%

Medellin

$214 13.3% 17.8% $46

Clothing & Footwear

Lake Oswego, OR

$108 4.4%

Medellin

$170 10.5% 57.2% $62

Sport & Entertainment

Lake Oswego, OR

$72 2.9%

Medellin

$58 3.6% 19.4% $14

Getting Around

Lake Oswego, OR

$16 * 0.7%

Medellin

$93 5.8% 479% $77

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,586 in Lake Oswego, OR versus $1,055 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $89.0 in Lake Oswego, OR versus $46.00 in Medellin. Monthly groceries follow the same trend: $356 vs $295 – making Medellin the more affordable choice for daily food spending.

Good to know

🇺🇸 Lake Oswego, OR

🇨🇴 Medellin

🕒 Local time

12:54 12:54 PM

14:54 2:54 PM

2 h ahead of Lake Oswego, OR

🌤 Weather

👥 Population

40,731

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 19, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

On the map

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Between locations

Lake Oswego, OR Medellin 6,270 km ≈ 8 h nonstop flight

From you

Lake Oswego, OR
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Lake Oswego, OR vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Lake Oswego, OR is pricier by about 53%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,698 per month in Lake Oswego, OR and $2,421 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, 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 $2,466 in Lake Oswego, OR and $1,614 in Medellin. That's a gap of about 53%.

Kindergarten costs $1,352 per month in Lake Oswego, OR and $770 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Lake Oswego, OR at $2,466. In Medellin it covers expenses comfortably, while in Lake Oswego, OR it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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