Cost of Living Comparison Between Los Teques and Medellin Cost of Living Comparison Between Los Teques and Medellin

Monthly Cost of Living

A single person spends $715 per month in Los Teques vs $1,013 in Medellin, rent included.

A couple spends around $1,228 per month in Los Teques vs $1,602 in Medellin, rent included.

A family of three spends $1,742 per month in Los Teques vs $2,192 in Medellin, rent included.

Los Teques is about 29% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Los Teques and Medellin are more affordable than the global median – Los Teques 47% lower, Medellin 24% lower.

Meal at Budget Restaurant

$12.23 VES 6,817

$5.99 COP 21.4K

104.17%

Three-Course Dinner for Two, Mid-Range

$54.2 VES 30.2K

$32.86 COP 117.4K

64.88%

Fast Food Meal (McDonalds, etc)

$9.94 VES 5,539

$7.09 COP 25.3K

40.20%

Cappuccino

$2.56 VES 1,425

$1.71 COP 6,115

49.71%

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

$1.28 VES 711

$1.10 COP 3,924

16.36%

Water (0.33 liter bottle)

$0.95 VES 527

$0.78 COP 2,781

21.79%

Local Beer (0.5 liter draught)

$1.52 VES 846

$1.68 COP 5,997

-9.52%

Imported Beer (0.33 liter bottle)

$3.05 VES 1,699

$3.07 COP 11.0K

-0.65%

Milk (1 liter)

$1.82 VES 1,014

$1.09 COP 3,906

66.97%

White Bread (500g)

$2.72 VES 1,514

$1.26 COP 4,508

115.87%

Rice (white) (1kg)

$1.45 VES 807

$1.38 COP 4,922

5.07%

Eggs

$2.79 VES 1,554

$2.19 COP 7,827

27.40%

Local Cheese (1kg)

$10.12 VES 5,637

$4.40 COP 15.7K

130.00%

Chicken Fillets (1kg)

$7.59 VES 4,230

$5.63 COP 20.1K

34.81%

Beef Round Steak (1kg)

$7.66 VES 4,270

$8.89 COP 31.8K

-13.84%

Apples (1kg)

$5.18 VES 2,887

$2.34 COP 8,349

121.37%

Banana (1kg)

$1.82 VES 1,014

$1.06 COP 3,777

71.70%

Oranges (1kg)

$2.27 VES 1,267

$1.50 COP 5,374

51.33%

Tomato (1kg)

$1.99 VES 1,108

$1.38 COP 4,924

44.20%

Potato (1kg)

$2.59 VES 1,445

$1.15 COP 4,111

125.22%

Onion (1kg)

$2.05 VES 1,141

$1.16 COP 4,155

76.72%

Lettuce (1 head)

$1.31 VES 728

$0.89 COP 3,182

47.19%

Water (1.5 liter bottle)

$1.96 VES 1,091

$0.84 COP 2,997

133.33%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 VES 2,172

$2.28 COP 8,145

71.05%

Wine (Bottle)

$10.82 VES 6,030

$10.64 COP 38.0K

1.69%

Local Beer (0.5 liter bottle)

$1.48 VES 823

$1.20 COP 4,284

23.33%

Imported Beer (0.33 liter bottle)

$1.98 VES 1,101

$2.47 COP 8,824

-19.84%

One-way Ticket (Public Transport)

$0.86 COP 3,056

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$4.95 VES 2,760

$1.47 COP 5,264

236.73%

Taxi (Normal Tariff) (1km)

$2.78 VES 1,548

$1.96 COP 7,009

41.84%

Taxi 1hour Waiting (Normal Tariff)

$9.92 VES 5,526

$7.74 COP 27.6K

28.17%

Gasoline (1 liter)

$0.51 VES 285

$0.95 COP 3,409

-46.32%

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

$24.6K VES 13.7M

$18.1K COP 64.7M

35.59%

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

$39.8K VES 22.2M

$26.5K COP 94.6M

50.11%

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

$19.94 VES 11.1K

$82.3 COP 293.7K

-75.76%

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

$13.02 VES 7,255

$9.50 COP 33.9K

37.05%

Internet (50+ Mbps, Unlimited Data)

$40.76 VES 22.7K

$24.23 COP 86.5K

68.22%

Gym Membership (Monthly)

$25.89 COP 92.4K

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

Cinema Ticket

$6.15 VES 3,427

$3.93 COP 14.0K

56.49%

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

$133 VES 74.2K

$309 COP 1.1M

-56.95%

International Primary School, 1 Child (Yearly)

$5,478 VES 3.1M

$5,965 COP 21.3M

-8.17%

Jeans (Levis 501 Or Similar)

$62.7 VES 34.9K

$58.7 COP 209.5K

6.90%

Summer Dress (H&M, Zara, etc)

$38.87 VES 21.7K

$32.35 COP 115.5K

20.15%

Sport Shoes (Adidas, Nike)

$106 VES 59.0K

$103 COP 366.4K

3.23%

Men's Leather Business Shoes

$116 VES 64.8K

$108 COP 387.2K

7.28%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

Buy Apartment in City Center (m2)

$201 VES 111.8K

$2,791 COP 10.0M

-92.81%

Buy Apartment Outside City Center (m2)

$266 VES 148.0K

$1,211 COP 4.3M

-78.07%

Average Monthly Net Salary (After Tax)

$200 VES 111.7K

$512 COP 1.8M

-60.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

21.33

13.43

58.82%

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

Last update for Los Teques: May 31, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

Salaries run about 155% higher in Medellin, 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 $54.0 in Los Teques versus $33.00 in Medellin. Monthly groceries follow the same trend: $283 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

Los Teques vs Medellin: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $715 in Los Teques, $1,013 in Medellin – roughly 42% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,073 per month in Los Teques and $1,519 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $715 in Los Teques and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $133 per month in Los Teques and $309 in Medellin. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Los Teques, where all-in costs run around $715, than in Medellin at $1,013. In Los Teques 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 $715 in Los Teques to $1,013 in Medellin. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Los Teques. 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.