Last update: Oct 2026

Cost of Living Comparison Between Latacunga and Medellin

For one person, living is cheaper in Latacunga: $782 a month against $1,614 in Medellin, rent and utilities included – about $10,000 less a year. Rent and utilities account for most of the difference.

38

Cost of Living Index in Latacunga
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Latacunga Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Latacunga

🇪🇨 Ecuador

$782

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Latacunga 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 Latacunga and in Medellin actually costs, broken down by who's living it.

A single person spends $782 per month in Latacunga vs $1,614 in Medellin, rent included.

Latacunga $782
Medellin $1,614

A couple spends around $1,269 per month in Latacunga vs $2,402 in Medellin, rent included.

Latacunga $1,269
Medellin $2,402

A family of three spends $1,756 per month in Latacunga vs $3,190 in Medellin, rent included.

Latacunga $1,756
Medellin $3,190

Latacunga is about 52% cheaper than Medellin, and outside of rent the biggest gap is in groceries.

Latacunga sits 42% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.55 $2.55

$7.93 COP 25.3K

-67.84%

Three-Course Dinner for Two, Mid-Range

$28.41 $28.41

$46.13 COP 147.3K

-38.41%

Fast Food Meal (McDonalds, etc)

$9.03 $9.03

$9.50 COP 30.3K

-4.95%

Cappuccino

$2.79 $2.79

$3.11 COP 9,933

-10.29%

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

$0.87 $0.87

$1.83 COP 5,839

-52.46%

Water (0.33 liter bottle)

$0.48 $0.48

$1.38 COP 4,389

-65.22%

Local Beer (0.5 liter draught)

$3.05 $3.05

$3.05 COP 9,737

Imported Beer (0.33 liter bottle)

$4.28 $4.28

$5.50 COP 17.5K

-22.18%

Milk (1 liter)

$1.18 $1.18

$1.45 COP 4,631

-18.62%

White Bread (500g)

$2.01 $2.01

$2.36 COP 7,547

-14.83%

Rice (white) (1kg)

$0.98 $0.98

$1.68 COP 5,365

-41.67%

Eggs

$1.75 $1.75

$2.86 COP 9,139

-38.81%

Local Cheese (1kg)

$4.87 $4.87

$10.19 COP 32.5K

-52.21%

Chicken Fillets (1kg)

$5.09 $5.09

$9.53 COP 30.4K

-46.59%

Beef Round Steak (1kg)

$9.37 $9.37

$14.04 COP 44.8K

-33.26%

Apples (1kg)

$1.49 $1.49

$4.07 COP 13.0K

-63.39%

Banana (1kg)

$1.18 $1.18

$1.50 COP 4,774

-21.33%

Oranges (1kg)

$1.03 $1.03

$2.17 COP 6,938

-52.53%

Tomato (1kg)

$0.96 $0.96

$2.31 COP 7,359

-58.44%

Potato (1kg)

$1.03 $1.03

$1.93 COP 6,155

-46.63%

Onion (1kg)

$0.91 $0.91

$1.64 COP 5,231

-44.51%

Lettuce (1 head)

$0.52 $0.52

$1.13 COP 3,595

-53.98%

Water (1.5 liter bottle)

$1.02 $1.02

$1.25 COP 3,981

-18.40%

Cigarettes 20 Pack (Marlboro, Camel)

$5.90 $5.90

$3.99 COP 12.7K

47.87%

Wine (Bottle)

$10.09 $10.09

$13.35 COP 42.6K

-24.42%

Local Beer (0.5 liter bottle)

$1.46 $1.46

$1.70 COP 5,420

-14.12%

Imported Beer (0.33 liter bottle)

$2.22 $2.22

$2.37 COP 7,576

-6.33%

One-way Ticket (Public Transport)

$0.37 $0.37

$1.21 COP 3,853

-69.42%

Public Transport Monthly Pass (Regular Price)

$16.94 $16.94

$76.5 COP 244.2K

-77.85%

Taxi Start (Normal Tariff)

$1.32 $1.32

$1.32 COP 4,208

Taxi (Normal Tariff) (1km)

$1.78 $1.78

$2.14 COP 6,820

-16.82%

Taxi 1hour Waiting (Normal Tariff)

$12.05 $12.05

$8.47 COP 27.0K

42.27%

Gasoline (1 liter)

$0.66 $0.66

$1.30 COP 4,142

-49.23%

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

$20.7K $20.7K

$28.0K COP 89.3M

-26.02%

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

$31.3K $31.3K

$35.4K COP 113.0M

-11.75%

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

$39.72 $39.72

$172 COP 549.3K

-76.92%

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

$14.95 $14.95

$13.37 COP 42.7K

11.82%

Internet (50+ Mbps, Unlimited Data)

$26.59 $26.59

$28.73 COP 91.7K

-7.45%

Gym Membership (Monthly)

$27.47 $27.47

$45.24 COP 144.4K

-39.28%

Tennis Court (1 Hour on Weekend)

$17.83 $17.83

$17.04 COP 54.4K

4.64%

Cinema Ticket

$7.57 $7.57

$6.28 COP 20.1K

20.54%

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

$378 $378

$770 COP 2.5M

-50.88%

International Primary School, 1 Child (Yearly)

$5,776 $5,776

$9,011 COP 28.8M

-35.90%

Jeans (Levis 501 Or Similar)

$64.5 $64.5

$86.4 COP 275.8K

-25.38%

Summer Dress (H&M, Zara, etc)

$40.29 $40.29

$57.1 COP 182.4K

-29.48%

Sport Shoes (Adidas, Nike)

$126 $126

$137 COP 435.8K

-7.48%

Men's Leather Business Shoes

$91.6 $91.6

$97.9 COP 312.5K

-6.42%

1-bedroom Apartment, City Center (Monthly)

$295 $295

$1,055 COP 3.4M

-72.02%

1-bedroom Apartment, Outside City Center (Monthly)

$188 $188

$616 COP 2.0M

-69.42%

3-bedroom Apartment, City Center (Monthly)

$723 $723

$1,892 COP 6.0M

-61.81%

3-bedroom Apartment, Outside City Center (Monthly)

$407 $407

$1,023 COP 3.3M

-60.25%

Buy Apartment in City Center (m2)

$1,068 $1,068

$4,059 COP 13.0M

-73.68%

Buy Apartment Outside City Center (m2)

$739 $739

$1,678 COP 5.4M

-55.99%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-8.59%

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

Last update for Latacunga: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Latacunga

$188 24.1%

Medellin

$616 38.2% 227% $427

Groceries & Markets

Latacunga

$186 23.7%

Medellin

$295 18.3% 58.8% $109

Clothing & Footwear

Latacunga

$145 18.6%

Medellin

$170 10.5% 17.1% $25

Eating Out

Latacunga

$110 14.1%

Medellin

$168 10.4% 52.7% $58

Monthly Utilities & Internet

Latacunga

$81 10.4%

Medellin

$214 13.3% 164% $133

Sport & Entertainment

Latacunga

$43 5.5%

Medellin

$58 3.6% 35.7% $15

Getting Around

Latacunga

$29 3.7%

Medellin

$93 5.8% 226% $65

Cost Breakdown

A central one-bedroom costs $295 in Latacunga 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 $28.00 in Latacunga versus $46.00 in Medellin. Monthly groceries follow the same trend: $186 vs $295 – making Latacunga the more affordable choice for daily food spending.

Good to know

🇪🇨 Latacunga

🇨🇴 Medellin

🕒 Local time

09:39 9:39 AM

Same time as Latacunga

🌤 Weather

👥 Population

57,127

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.893 EUR

10,000 COP = 3.13 USD

10,000 COP = 2.8 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 15, 2026: 1 EUR = 1.12 USD (1 USD = 0.893 EUR).

Colombian Peso exchange rates as of October 15, 2026: 1 USD = 3,192 COP (10,000 COP = 3.13 USD). 1 EUR = 3,575 COP (10,000 COP = 2.8 EUR).

COP to USD in detail →

On the map

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Between locations

Latacunga Medellin 870 km ≈ 1 h 30 min nonstop flight

From you

Latacunga
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

Latacunga vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $782 in Latacunga, $1,614 in Medellin – roughly 106% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $1,173 per month in Latacunga 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 Latacunga, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $378 per month in Latacunga and $770 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 59% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,000 monthly budget goes further in Latacunga, where all-in costs run around $782, than in Medellin at $1,614. In Latacunga it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $782 in Latacunga to $1,614 in Medellin. Climate, culture, job market, and personal taste all factor in.

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