Cost of Living Comparison Between Madeira and Medellin Cost of Living Comparison Between Madeira and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,621 in Madeira versus $1,031 in Medellin.

Estimated couple costs with rent: $2,384 in Madeira versus $1,599 in Medellin.

Monthly costs for a family of three with rent: $3,148 in Madeira versus $2,167 in Medellin.

Living in Madeira is roughly 57% more expensive than in Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Madeira is 21% above, Medellin is 23% below.

Meal at Budget Restaurant

$11.60 €10.16

$6.16 COP 20.1K

88.31%

Three-Course Dinner for Two, Mid-Range

$46.26 €40.52

$32.60 COP 106.1K

41.90%

Fast Food Meal (McDonalds, etc)

$9.37 €8.21

$7.34 COP 23.9K

27.66%

Cappuccino

$2.18 €1.91

$1.72 COP 5,599

26.74%

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

$1.87 €1.64

$1.05 COP 3,420

78.10%

Water (0.33 liter bottle)

$1.38 €1.21

$0.77 COP 2,515

79.22%

Local Beer (0.5 liter draught)

$2.36 €2.07

$1.69 COP 5,487

39.64%

Imported Beer (0.33 liter bottle)

$3.55 €3.11

$3.17 COP 10.3K

11.99%

Milk (1 liter)

$1.09 €0.96

$1.05 COP 3,423

3.81%

White Bread (500g)

$1.59 €1.39

$1.30 COP 4,236

22.31%

Rice (white) (1kg)

$1.66 €1.46

$1.40 COP 4,544

18.57%

Eggs

$3.15 €2.76

$2.16 COP 7,046

45.83%

Local Cheese (1kg)

$11.14 €9.75

$4.39 COP 14.3K

153.76%

Chicken Fillets (1kg)

$7.56 €6.62

$5.88 COP 19.1K

28.57%

Beef Round Steak (1kg)

$13.99 €12.25

$8.64 COP 28.1K

61.92%

Apples (1kg)

$2.30 €2.01

$2.28 COP 7,425

0.88%

Banana (1kg)

$1.49 €1.31

$1.11 COP 3,603

34.23%

Oranges (1kg)

$1.77 €1.55

$1.53 COP 4,982

15.69%

Tomato (1kg)

$2.51 €2.20

$1.35 COP 4,410

85.93%

Potato (1kg)

$1.48 €1.29

$1.13 COP 3,674

30.97%

Onion (1kg)

$1.85 €1.62

$1.13 COP 3,692

63.72%

Lettuce (1 head)

$1.60 €1.40

$0.85 COP 2,753

88.24%

Water (1.5 liter bottle)

$0.80 €0.70

$0.91 COP 2,975

-12.09%

Cigarettes 20 Pack (Marlboro, Camel)

$6.18 €5.41

$2.34 COP 7,629

164.10%

Wine (Bottle)

$5.33 €4.67

$12.37 COP 40.3K

-56.91%

Local Beer (0.5 liter bottle)

$1.31 €1.15

$1.20 COP 3,909

9.17%

Imported Beer (0.33 liter bottle)

$2.33 €2.04

$2.49 COP 8,104

-6.43%

One-way Ticket (Public Transport)

$2.29 €2.01

$0.84 COP 2,727

172.62%

Public Transport Monthly Pass (Regular Price)

$41.94 €36.73

$40.57 COP 132.1K

3.38%

Taxi Start (Normal Tariff)

$4.25 €3.72

$1.42 COP 4,623

199.30%

Taxi (Normal Tariff) (1km)

$0.82 €0.72

$1.92 COP 6,235

-57.29%

Taxi 1hour Waiting (Normal Tariff)

$17.49 €15.32

$7.66 COP 24.9K

128.33%

Gasoline (1 liter)

$1.90 €1.66

$0.99 COP 3,223

91.92%

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

$34.4K €30.1K

$18.0K COP 58.7M

90.89%

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

$38.8K €34.0K

$26.6K COP 86.7M

45.74%

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

$133 €117

$80.8 COP 263.1K

65.02%

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

$21.25 €18.61

$9.95 COP 32.4K

113.57%

Internet (50+ Mbps, Unlimited Data)

$42.37 €37.11

$24.18 COP 78.7K

75.23%

Gym Membership (Monthly)

$44.86 €39.29

$25.08 COP 81.6K

78.87%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$8.28 €7.26

$3.98 COP 13.0K

108.04%

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

$464 €407

$305 COP 993.4K

52.16%

International Primary School, 1 Child (Yearly)

$8,467 €7,415

$6,059 COP 19.7M

39.75%

Jeans (Levis 501 Or Similar)

$72.8 €63.7

$58.1 COP 189.2K

25.15%

Summer Dress (H&M, Zara, etc)

$39.07 €34.22

$32.20 COP 104.8K

21.34%

Sport Shoes (Adidas, Nike)

$93.4 €81.8

$101 COP 327.9K

-7.31%

Men's Leather Business Shoes

$92.2 €80.7

$108 COP 350.8K

-14.48%

1-bedroom Apartment, City Center (Monthly)

$921 €807

$477 COP 1.6M

93.30%

1-bedroom Apartment, Outside City Center (Monthly)

$738 €646

$376 COP 1.2M

96.17%

3-bedroom Apartment, City Center (Monthly)

$1,470 €1,288

$845 COP 2.7M

74.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,161 €1,016

$730 COP 2.4M

58.89%

Buy Apartment in City Center (m2)

$2,988 €2,616

$3,215 COP 10.5M

-7.09%

Buy Apartment Outside City Center (m2)

$2,359 €2,066

$1,372 COP 4.5M

71.88%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

13.43

-62.70%

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

Last update for Madeira: July 12, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $921 in Madeira and $477 in Medellin. Housing cost is often the main lever when comparing two cities.

Dining out: $46.00 in Madeira vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $245 vs $193 per month, with Medellin cheaper across the board.

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

Madeira vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Monthly Utilities & Internet, Sport & Entertainment, Getting Around. The 57% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $2,431 in Madeira and $1,546 in Medellin to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $921 in Madeira versus $477 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,621 per month in Madeira versus $1,031 in Medellin – a 57% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Medellin runs roughly 3% less than in Madeira. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,031 in Medellin versus $1,621 in Madeira, a $1,500 budget is realistic in Medellin but tight or insufficient in Madeira. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Madeira, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Madeira and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 57% less than in Madeira. Beyond cost, consider language, visa policies, and how big the international community is in each city.