Last update: Oct 2026

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

For one person, living costs are similar in Las Palmas de Gran Canaria and in Medellin: $1,705 and $1,625 a month, rent and utilities included.

82

Cost of Living Index in Las Palmas de Gran Canaria
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Las Palmas de Gran Canaria Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Las Palmas de Gran Canaria

🇪🇸 Spain

$1,705

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Las Palmas de Gran Canaria 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 Las Palmas de Gran Canaria and in Medellin actually costs, broken down by who's living it.

A single person spends $1,705 per month in Las Palmas de Gran Canaria vs $1,625 in Medellin, rent included.

Las Palmas de Gran Canaria $1,705
Medellin $1,625

A couple spends around $2,582 per month in Las Palmas de Gran Canaria vs $2,412 in Medellin, rent included.

Las Palmas de Gran Canaria $2,582
Medellin $2,412

A family of three spends $3,458 per month in Las Palmas de Gran Canaria vs $3,199 in Medellin, rent included.

Las Palmas de Gran Canaria $3,458
Medellin $3,199

Las Palmas de Gran Canaria costs about 5% more than Medellin, and outside of rent the biggest gap is in transport.

Both Las Palmas de Gran Canaria and Medellin sit above the global median – Las Palmas de Gran Canaria by 26%, Medellin by 20%.

Meal at Budget Restaurant

$13.21 €11.75

$8.30 COP 26.3K

59.16%

Three-Course Dinner for Two, Mid-Range

$73.8 €65.6

$46.91 COP 148.7K

57.30%

Fast Food Meal (McDonalds, etc)

$10.46 €9.30

$9.24 COP 29.3K

13.20%

Cappuccino

$2.56 €2.28

$3.05 COP 9,676

-16.07%

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

$2.20 €1.96

$1.80 COP 5,707

22.22%

Water (0.33 liter bottle)

$1.60 €1.42

$1.38 COP 4,382

15.94%

Local Beer (0.5 liter draught)

$3.09 €2.75

$3.24 COP 10.3K

-4.63%

Imported Beer (0.33 liter bottle)

$3.55 €3.16

$5.56 COP 17.6K

-36.15%

Milk (1 liter)

$1.13 €1.01

$1.50 COP 4,760

-24.67%

White Bread (500g)

$1.64 €1.46

$2.37 COP 7,508

-30.80%

Rice (white) (1kg)

$1.63 €1.45

$1.70 COP 5,377

-4.12%

Eggs

$3.73 €3.32

$2.96 COP 9,379

26.01%

Local Cheese (1kg)

$11.87 €10.56

$10.22 COP 32.4K

16.14%

Chicken Fillets (1kg)

$9.86 €8.77

$9.74 COP 30.9K

1.23%

Beef Round Steak (1kg)

$18.21 €16.20

$13.90 COP 44.1K

31.01%

Apples (1kg)

$2.60 €2.31

$4.13 COP 13.1K

-37.05%

Banana (1kg)

$2.66 €2.36

$1.53 COP 4,839

73.86%

Oranges (1kg)

$2.26 €2.01

$2.22 COP 7,052

1.80%

Tomato (1kg)

$2.62 €2.33

$2.27 COP 7,194

15.42%

Potato (1kg)

$2.31 €2.06

$1.99 COP 6,311

16.08%

Onion (1kg)

$2.38 €2.12

$1.67 COP 5,285

42.51%

Lettuce (1 head)

$1.99 €1.77

$1.18 COP 3,742

68.64%

Water (1.5 liter bottle)

$0.87 €0.77

$1.24 COP 3,919

-29.84%

Cigarettes 20 Pack (Marlboro, Camel)

$4.58 €4.07

$3.87 COP 12.3K

18.35%

Wine (Bottle)

$6.93 €6.16

$13.78 COP 43.7K

-49.71%

Local Beer (0.5 liter bottle)

$1.80 €1.61

$1.66 COP 5,256

8.43%

Imported Beer (0.33 liter bottle)

$2.62 €2.33

$2.40 COP 7,615

9.17%

One-way Ticket (Public Transport)

$1.76 €1.57

$1.24 COP 3,944

41.94%

Public Transport Monthly Pass (Regular Price)

$15.47 €13.76

$78.2 COP 248.0K

-80.22%

Taxi Start (Normal Tariff)

$3.45 €3.07

$1.28 COP 4,044

169.53%

Taxi (Normal Tariff) (1km)

$2.29 €2.03

$2.15 COP 6,803

6.51%

Taxi 1hour Waiting (Normal Tariff)

$28.59 €25.43

$8.37 COP 26.5K

241.58%

Gasoline (1 liter)

$1.74 €1.55

$1.35 COP 4,288

28.89%

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

$30.8K €27.4K

$34.8K COP 110.2M

-11.43%

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

$31.8K €28.3K

$34.7K COP 110.0M

-8.36%

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

$114 €102

$167 COP 528.4K

-31.35%

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

$19.81 €17.62

$13.62 COP 43.2K

45.45%

Internet (50+ Mbps, Unlimited Data)

$28.65 €25.48

$29.12 COP 92.3K

-1.61%

Gym Membership (Monthly)

$42.84 €38.11

$45.09 COP 143.0K

-4.99%

Tennis Court (1 Hour on Weekend)

$16.59 €14.75

$17.18 COP 54.5K

-3.43%

Cinema Ticket

$8.92 €7.94

$6.97 COP 22.1K

27.98%

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

$482 €429

$790 COP 2.5M

-38.94%

International Primary School, 1 Child (Yearly)

$6,731 €5,987

$9,041 COP 28.7M

-25.55%

Jeans (Levis 501 Or Similar)

$86.6 €77.0

$87.8 COP 278.4K

-1.40%

Summer Dress (H&M, Zara, etc)

$37.36 €33.23

$58.2 COP 184.4K

-35.75%

Sport Shoes (Adidas, Nike)

$90.0 €80.1

$139 COP 440.7K

-35.25%

Men's Leather Business Shoes

$122 €108

$98.9 COP 313.5K

23.27%

1-bedroom Apartment, City Center (Monthly)

$993 €883

$1,028 COP 3.3M

-3.44%

1-bedroom Apartment, Outside City Center (Monthly)

$789 €702

$620 COP 2.0M

27.39%

3-bedroom Apartment, City Center (Monthly)

$1,584 €1,409

$1,881 COP 6.0M

-15.80%

3-bedroom Apartment, Outside City Center (Monthly)

$1,235 €1,099

$1,008 COP 3.2M

22.60%

Buy Apartment in City Center (m2)

$3,210 €2,856

$3,988 COP 12.6M

-19.50%

Buy Apartment Outside City Center (m2)

$1,867 €1,661

$1,702 COP 5.4M

9.73%

Average Monthly Net Salary (After Tax)

$1,726 €1,535

$663 COP 2.1M

160.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

10.94

-71.21%

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

Last update for Las Palmas de Gran Canaria: October 20, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Las Palmas de Gran Canaria

$789 46.3%

Medellin

$619 38.1% 21.5% $170

Groceries & Markets

Las Palmas de Gran Canaria

$298 17.5%

Medellin

$298 18.3% 0% $0

Eating Out

Las Palmas de Gran Canaria

$206 12.1%

Medellin

$171 10.5% 16.9% $35

Monthly Utilities & Internet

Las Palmas de Gran Canaria

$163 9.6%

Medellin

$209 12.9% 28.6% $47

Clothing & Footwear

Las Palmas de Gran Canaria

$151 8.9%

Medellin

$173 10.6% 14.3% $22

Sport & Entertainment

Las Palmas de Gran Canaria

$61 3.6%

Medellin

$59 3.6% 2.7% $1.7

Getting Around

Las Palmas de Gran Canaria

$37 2.2%

Medellin

$95 5.9% 155% $58

Cost Breakdown

A central one-bedroom costs $993 in Las Palmas de Gran Canaria versus $1,028 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 160% 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 $74.0 in Las Palmas de Gran Canaria versus $47.00 in Medellin. Groceries tell a different story – $298 in Las Palmas de Gran Canaria vs $298 in Medellin – so Las Palmas de Gran Canaria wins on supermarket bills even if dining out costs more.

Good to know

🇪🇸 Las Palmas de Gran Canaria

🇨🇴 Medellin

🕒 Local time

11:50 11:50 AM

05:50 5:50 AM

6 h behind Las Palmas de Gran Canaria

🌤 Weather

👥 Population

378,027

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

On the map

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Highest

Between locations

Las Palmas de Gran Canaria Medellin 6,760 km ≈ 9 h nonstop flight

From you

Las Palmas de Gran Canaria
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

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

Yes – Las Palmas de Gran Canaria is pricier by about 5%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,557 per month in Las Palmas de Gran Canaria and $2,437 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 $1,705 in Las Palmas de Gran Canaria and $1,625 in Medellin. That's a gap of about 5%.

Public transport costs about 406% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Las Palmas de Gran Canaria at $1,705. 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.