Cost of Living Comparison Between Loveland, CO and Medellin Cost of Living Comparison Between Loveland, CO and Medellin

Monthly Cost of Living

A single person spends $2,848 per month in Loveland, CO vs $1,013 in Medellin, rent included.

A couple spends around $3,917 per month in Loveland, CO vs $1,602 in Medellin, rent included.

A family of three spends $4,985 per month in Loveland, CO vs $2,192 in Medellin, rent included.

Loveland, CO costs about 181% more than Medellin, driven mainly by Eating Out.

Loveland, CO sits 113% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.33 $20.33

$5.99 COP 21.5K

239.40%

Three-Course Dinner for Two, Mid-Range

$83.4 $83.4

$32.86 COP 118.1K

153.93%

Fast Food Meal (McDonalds, etc)

$11.37 $11.37

$7.09 COP 25.5K

60.37%

Cappuccino

$4.90 $4.90

$1.71 COP 6,154

186.55%

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

$2.69 $2.69

$1.10 COP 3,949

144.55%

Water (0.33 liter bottle)

$2.31 $2.31

$0.78 COP 2,798

196.15%

Local Beer (0.5 liter draught)

$6.26 $6.26

$1.68 COP 6,035

272.62%

Imported Beer (0.33 liter bottle)

$6.83 $6.83

$3.07 COP 11.0K

122.48%

Milk (1 liter)

$0.99 $0.99

$1.09 COP 3,930

-9.17%

White Bread (500g)

$3.59 $3.59

$1.26 COP 4,536

184.92%

Rice (white) (1kg)

$3.17 $3.17

$1.38 COP 4,953

129.71%

Eggs

$4.07 $4.07

$2.19 COP 7,876

85.84%

Local Cheese (1kg)

$11.07 $11.07

$4.40 COP 15.8K

151.59%

Chicken Fillets (1kg)

$10.65 $10.65

$5.63 COP 20.2K

89.17%

Beef Round Steak (1kg)

$16.32 $16.32

$8.89 COP 32.0K

83.58%

Apples (1kg)

$4.05 $4.05

$2.34 COP 8,401

73.08%

Banana (1kg)

$1.55 $1.55

$1.06 COP 3,801

46.23%

Oranges (1kg)

$3.79 $3.79

$1.50 COP 5,408

152.67%

Tomato (1kg)

$4.84 $4.84

$1.38 COP 4,955

250.72%

Potato (1kg)

$2.30 $2.30

$1.15 COP 4,137

100.00%

Onion (1kg)

$2.25 $2.25

$1.16 COP 4,181

93.97%

Lettuce (1 head)

$2.44 $2.44

$0.89 COP 3,202

174.16%

Water (1.5 liter bottle)

$2.06 $2.06

$0.84 COP 3,016

145.24%

Cigarettes 20 Pack (Marlboro, Camel)

$9.72 $9.72

$2.28 COP 8,196

326.32%

Wine (Bottle)

$18.69 $18.69

$10.64 COP 38.2K

75.66%

Local Beer (0.5 liter bottle)

$2.23 $2.23

$1.20 COP 4,311

85.83%

Imported Beer (0.33 liter bottle)

$2.81 $2.81

$2.47 COP 8,880

13.77%

One-way Ticket (Public Transport)

$0.97 $0.97

$0.86 COP 3,075

12.79%

Public Transport Monthly Pass (Regular Price)

$29.44 $29.44

$41.40 COP 148.8K

-28.89%

Taxi Start (Normal Tariff)

$2.43 $2.43

$1.47 COP 5,297

65.31%

Taxi (Normal Tariff) (1km)

$1.38 $1.38

$1.96 COP 7,053

-29.59%

Taxi 1hour Waiting (Normal Tariff)

$25.41 $25.41

$7.74 COP 27.8K

228.29%

Gasoline (1 liter)

$0.81 $0.81

$0.95 COP 3,430

-14.74%

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

$27.2K $27.2K

$18.1K COP 65.2M

49.79%

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

$25.5K $25.5K

$26.5K COP 95.2M

-3.70%

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

$170 $170

$82.3 COP 295.6K

107.03%

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

$54.0 $54.0

$9.50 COP 34.1K

468.84%

Internet (50+ Mbps, Unlimited Data)

$76.7 $76.7

$24.23 COP 87.1K

216.63%

Gym Membership (Monthly)

$27.88 $27.88

$25.89 COP 93.0K

7.69%

Tennis Court (1 Hour on Weekend)

$19.00 COP 68.3K

Cinema Ticket

$11.97 $11.97

$3.93 COP 14.1K

204.58%

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

$1,469 $1,469

$309 COP 1.1M

374.67%

International Primary School, 1 Child (Yearly)

$12.6K $12.6K

$5,965 COP 21.4M

111.94%

Jeans (Levis 501 Or Similar)

$58.1 $58.1

$58.7 COP 210.8K

-0.90%

Summer Dress (H&M, Zara, etc)

$56.5 $56.5

$32.35 COP 116.2K

74.50%

Sport Shoes (Adidas, Nike)

$78.5 $78.5

$103 COP 368.7K

-23.47%

Men's Leather Business Shoes

$110 $110

$108 COP 389.6K

1.22%

1-bedroom Apartment, City Center (Monthly)

$1,692 $1,692

$476 COP 1.7M

255.30%

1-bedroom Apartment, Outside City Center (Monthly)

$1,626 $1,626

$379 COP 1.4M

329.35%

3-bedroom Apartment, City Center (Monthly)

$2,539 $2,539

$838 COP 3.0M

202.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,216 $2,216

$724 COP 2.6M

206.14%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.4M

Average Monthly Net Salary (After Tax)

$4,307 $4,307

$512 COP 1.8M

741.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

13.43

-50.93%

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

Last update for Loveland, CO: June 1, 2026

Last update for Medellin: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,692 in Loveland, CO 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 742% higher in Loveland, CO, 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 $83.0 in Loveland, CO versus $33.00 in Medellin. Monthly groceries follow the same trend: $379 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

Loveland, CO vs Medellin: Cost of Living - Frequently Asked Questions

Loveland, CO costs about 181% more than Medellin, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,272 per month in Loveland, CO 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 $2,848 in Loveland, CO 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 41% 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 Loveland, CO at $2,848. In Medellin it covers expenses comfortably, while in Loveland, CO it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,013 versus $2,848 in Loveland, CO. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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