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 $1,755 per month in Las Palmas de Gran Canaria vs $1,031 in Medellin, rent included.

A couple spends around $2,617 per month in Las Palmas de Gran Canaria vs $1,599 in Medellin, rent included.

A family of three spends $3,478 per month in Las Palmas de Gran Canaria vs $2,167 in Medellin, rent included.

Las Palmas de Gran Canaria costs about 70% more than Medellin, driven mainly by Groceries & Markets.

Las Palmas de Gran Canaria sits 31% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.13 €10.60

$6.16 COP 20.0K

96.92%

Three-Course Dinner for Two, Mid-Range

$58.4 €51.0

$32.60 COP 106.0K

79.20%

Fast Food Meal (McDonalds, etc)

$10.40 €9.09

$7.34 COP 23.9K

41.69%

Cappuccino

$2.20 €1.92

$1.72 COP 5,592

27.91%

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

$2.09 €1.83

$1.05 COP 3,416

99.05%

Water (0.33 liter bottle)

$1.24 €1.09

$0.77 COP 2,511

61.04%

Local Beer (0.5 liter draught)

$2.97 €2.59

$1.69 COP 5,480

75.74%

Imported Beer (0.33 liter bottle)

$4.28 €3.74

$3.17 COP 10.3K

35.02%

Milk (1 liter)

$1.18 €1.03

$1.05 COP 3,418

12.38%

White Bread (500g)

$2.07 €1.81

$1.30 COP 4,230

59.23%

Rice (white) (1kg)

$2.14 €1.87

$1.40 COP 4,538

52.86%

Eggs

$3.38 €2.95

$2.16 COP 7,037

56.48%

Local Cheese (1kg)

$11.60 €10.14

$4.39 COP 14.3K

164.24%

Chicken Fillets (1kg)

$10.03 €8.76

$5.88 COP 19.1K

70.58%

Beef Round Steak (1kg)

$16.94 €14.80

$8.64 COP 28.1K

96.06%

Apples (1kg)

$2.51 €2.20

$2.28 COP 7,415

10.09%

Banana (1kg)

$2.54 €2.22

$1.11 COP 3,599

128.83%

Oranges (1kg)

$2.33 €2.03

$1.53 COP 4,976

52.29%

Tomato (1kg)

$2.53 €2.21

$1.35 COP 4,405

87.41%

Potato (1kg)

$2.30 €2.01

$1.13 COP 3,669

103.54%

Onion (1kg)

$2.68 €2.34

$1.13 COP 3,687

137.17%

Lettuce (1 head)

$1.82 €1.59

$0.85 COP 2,749

114.12%

Water (1.5 liter bottle)

$0.89 €0.78

$0.91 COP 2,971

-2.20%

Cigarettes 20 Pack (Marlboro, Camel)

$4.73 €4.13

$2.34 COP 7,619

102.14%

Wine (Bottle)

$6.90 €6.03

$12.37 COP 40.2K

-44.22%

Local Beer (0.5 liter bottle)

$1.56 €1.36

$1.20 COP 3,904

30.00%

Imported Beer (0.33 liter bottle)

$3.74 €3.27

$2.49 COP 8,094

50.20%

One-way Ticket (Public Transport)

$1.60 €1.40

$0.84 COP 2,724

90.48%

Public Transport Monthly Pass (Regular Price)

$16.26 €14.21

$40.57 COP 131.9K

-59.92%

Taxi Start (Normal Tariff)

$3.51 €3.07

$1.42 COP 4,617

147.18%

Taxi (Normal Tariff) (1km)

$1.28 €1.12

$1.92 COP 6,227

-33.33%

Taxi 1hour Waiting (Normal Tariff)

$23.04 €20.13

$7.66 COP 24.9K

200.78%

Gasoline (1 liter)

$1.65 €1.44

$0.99 COP 3,219

66.67%

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

$38.3K €33.4K

$18.0K COP 58.6M

112.29%

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

$29.8K €26.0K

$26.6K COP 86.6M

11.77%

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

$79.6 €69.5

$80.8 COP 262.7K

-1.51%

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

$20.99 €18.34

$9.95 COP 32.3K

110.95%

Internet (50+ Mbps, Unlimited Data)

$29.96 €26.18

$24.18 COP 78.6K

23.90%

Gym Membership (Monthly)

$51.5 €44.99

$25.08 COP 81.5K

105.30%

Tennis Court (1 Hour on Weekend)

$19.01 €16.60

$19.15 COP 62.3K

-0.73%

Cinema Ticket

$9.21 €8.05

$3.98 COP 13.0K

131.41%

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

$523 €457

$305 COP 992.2K

71.49%

International Primary School, 1 Child (Yearly)

$6,523 €5,699

$6,059 COP 19.7M

7.67%

Jeans (Levis 501 Or Similar)

$102 €89.5

$58.1 COP 189.0K

76.17%

Summer Dress (H&M, Zara, etc)

$51.3 €44.82

$32.20 COP 104.7K

59.32%

Sport Shoes (Adidas, Nike)

$107 €93.6

$101 COP 327.5K

6.40%

Men's Leather Business Shoes

$149 €130

$108 COP 350.3K

38.26%

1-bedroom Apartment, City Center (Monthly)

$961 €840

$477 COP 1.5M

101.72%

1-bedroom Apartment, Outside City Center (Monthly)

$823 €719

$376 COP 1.2M

118.88%

3-bedroom Apartment, City Center (Monthly)

$1,481 €1,294

$845 COP 2.7M

75.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,378 €1,204

$730 COP 2.4M

88.65%

Buy Apartment in City Center (m2)

$3,220 €2,814

$3,215 COP 10.5M

0.16%

Buy Apartment Outside City Center (m2)

$1,870 €1,633

$1,372 COP 4.5M

36.23%

Average Monthly Net Salary (After Tax)

$1,750 €1,529

$617 COP 2.0M

183.77%

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: July 11, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $961 in Las Palmas de Gran Canaria versus $477 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 184% 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: $299 vs $193 – 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 70%, 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 $2,632 per month in Las Palmas de Gran Canaria and $1,546 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 $1,755 in Las Palmas de Gran Canaria and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 150% 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 $1,031, than in Las Palmas de Gran Canaria at $1,755. 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.