Cost of Living Comparison Between Las Palmas de Gran Canaria and Medellin Cost of Living Comparison Between Las Palmas de Gran Canaria and Medellin

Monthly Cost of Living

A single person spends $1,744 per month in Las Palmas de Gran Canaria vs $1,013 in Medellin, rent included.

A couple spends around $2,636 per month in Las Palmas de Gran Canaria vs $1,602 in Medellin, rent included.

A family of three spends $3,528 per month in Las Palmas de Gran Canaria vs $2,192 in Medellin, rent included.

Las Palmas de Gran Canaria costs about 72% more than Medellin, driven mainly by Groceries & Markets.

Las Palmas de Gran Canaria sits 30% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.20 €10.51

$5.99 COP 21.4K

103.67%

Three-Course Dinner for Two, Mid-Range

$58.0 €49.95

$32.86 COP 117.2K

76.51%

Fast Food Meal (McDonalds, etc)

$10.60 €9.12

$7.09 COP 25.3K

49.51%

Cappuccino

$2.28 €1.96

$1.71 COP 6,105

33.33%

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

$2.11 €1.82

$1.10 COP 3,918

91.82%

Water (0.33 liter bottle)

$1.25 €1.07

$0.78 COP 2,776

60.26%

Local Beer (0.5 liter draught)

$2.81 €2.42

$1.68 COP 5,987

67.26%

Imported Beer (0.33 liter bottle)

$4.31 €3.71

$3.07 COP 10.9K

40.39%

Milk (1 liter)

$1.23 €1.06

$1.09 COP 3,899

12.84%

White Bread (500g)

$2.13 €1.83

$1.26 COP 4,500

69.05%

Rice (white) (1kg)

$2.06 €1.77

$1.38 COP 4,914

49.28%

Eggs

$3.37 €2.91

$2.19 COP 7,813

53.88%

Local Cheese (1kg)

$11.76 €10.13

$4.40 COP 15.7K

167.27%

Chicken Fillets (1kg)

$10.28 €8.85

$5.63 COP 20.1K

82.59%

Beef Round Steak (1kg)

$16.70 €14.38

$8.89 COP 31.7K

87.85%

Apples (1kg)

$2.52 €2.17

$2.34 COP 8,334

7.69%

Banana (1kg)

$2.47 €2.13

$1.06 COP 3,771

133.02%

Oranges (1kg)

$2.29 €1.97

$1.50 COP 5,365

52.67%

Tomato (1kg)

$2.51 €2.16

$1.38 COP 4,915

81.88%

Potato (1kg)

$2.18 €1.87

$1.15 COP 4,104

89.57%

Onion (1kg)

$2.64 €2.28

$1.16 COP 4,148

127.59%

Lettuce (1 head)

$1.85 €1.60

$0.89 COP 3,176

107.87%

Water (1.5 liter bottle)

$0.89 €0.76

$0.84 COP 2,992

5.95%

Cigarettes 20 Pack (Marlboro, Camel)

$4.49 €3.87

$2.28 COP 8,131

96.93%

Wine (Bottle)

$7.09 €6.10

$10.64 COP 37.9K

-33.36%

Local Beer (0.5 liter bottle)

$1.55 €1.34

$1.20 COP 4,276

29.17%

Imported Beer (0.33 liter bottle)

$3.85 €3.32

$2.47 COP 8,809

55.87%

One-way Ticket (Public Transport)

$1.66 €1.43

$0.86 COP 3,051

93.02%

Public Transport Monthly Pass (Regular Price)

$16.51 €14.21

$41.40 COP 147.6K

-60.12%

Taxi Start (Normal Tariff)

$3.41 €2.94

$1.47 COP 5,255

131.97%

Taxi (Normal Tariff) (1km)

$1.28 €1.10

$1.96 COP 6,997

-34.69%

Taxi 1hour Waiting (Normal Tariff)

$23.52 €20.25

$7.74 COP 27.6K

203.88%

Gasoline (1 liter)

$1.68 €1.44

$0.95 COP 3,403

76.84%

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

$38.6K €33.2K

$18.1K COP 64.6M

112.81%

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

$29.8K €25.6K

$26.5K COP 94.4M

12.43%

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

$81.3 €70.0

$82.3 COP 293.2K

-1.12%

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

$21.11 €18.17

$9.50 COP 33.9K

122.21%

Internet (50+ Mbps, Unlimited Data)

$29.45 €25.36

$24.23 COP 86.4K

21.54%

Gym Membership (Monthly)

$52.9 €45.52

$25.89 COP 92.3K

104.17%

Tennis Court (1 Hour on Weekend)

$19.13 €16.47

$19.00 COP 67.7K

0.68%

Cinema Ticket

$9.18 €7.90

$3.93 COP 14.0K

133.59%

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

$520 €448

$309 COP 1.1M

68.01%

International Primary School, 1 Child (Yearly)

$6,497 €5,594

$5,965 COP 21.3M

8.91%

Jeans (Levis 501 Or Similar)

$102 €88.3

$58.7 COP 209.1K

74.72%

Summer Dress (H&M, Zara, etc)

$53.0 €45.67

$32.35 COP 115.3K

63.96%

Sport Shoes (Adidas, Nike)

$107 €92.1

$103 COP 365.7K

4.20%

Men's Leather Business Shoes

$147 €127

$108 COP 386.5K

35.84%

1-bedroom Apartment, City Center (Monthly)

$992 €854

$476 COP 1.7M

108.34%

1-bedroom Apartment, Outside City Center (Monthly)

$828 €713

$379 COP 1.4M

118.56%

3-bedroom Apartment, City Center (Monthly)

$1,462 €1,259

$838 COP 3.0M

74.38%

3-bedroom Apartment, Outside City Center (Monthly)

$1,338 €1,152

$724 COP 2.6M

84.86%

Buy Apartment in City Center (m2)

$3,252 €2,800

$2,791 COP 9.9M

16.53%

Buy Apartment Outside City Center (m2)

$1,960 €1,688

$1,211 COP 4.3M

61.82%

Average Monthly Net Salary (After Tax)

$1,746 €1,504

$512 COP 1.8M

241.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

13.43

-74.46%

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

Last update for Las Palmas de Gran Canaria: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $992 in Las Palmas de Gran Canaria versus $476 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 241% higher in Las Palmas de Gran Canaria, 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 $58.0 in Las Palmas de Gran Canaria versus $33.00 in Medellin. Monthly groceries follow the same trend: $301 vs $188 – making Medellin the more affordable choice for daily food spending.

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

Las Palmas de Gran Canaria vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Las Palmas de Gran Canaria is pricier by about 72%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,616 per month in Las Palmas de Gran Canaria and $1,519 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 $1,744 in Las Palmas de Gran Canaria and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 151% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Las Palmas de Gran Canaria at $1,744. In Medellin it covers expenses comfortably, while in Las Palmas de Gran Canaria 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.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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