Last update: Oct 2026

Cost of Living Comparison Between Madeira and Medellin

For one person, living costs are similar in Madeira and in Medellin: $1,599 and $1,639 a month, rent and utilities included.

77

Cost of Living Index in Madeira
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Madeira Living Index
79

Cost of Living Index in Medellin
Learn more

Medellin Living Index

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Madeira

🇵🇹 Portugal

$1,599

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,599 in Madeira versus $1,639 in Medellin.

Madeira $1,599
Medellin $1,639

Estimated couple costs with rent: $2,361 in Madeira versus $2,413 in Medellin.

Madeira $2,361
Medellin $2,413

Monthly costs for a family of three with rent: $3,124 in Madeira versus $3,186 in Medellin.

Madeira $3,124
Medellin $3,186

Living in Madeira costs roughly 2% less than in Medellin, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Madeira 17% above, Medellin 20% above.

Meal at Budget Restaurant

$11.47 €10.30

$8.09 COP 25.4K

41.78%

Three-Course Dinner for Two, Mid-Range

$46.16 €41.48

$47.05 COP 148.0K

-1.89%

Fast Food Meal (McDonalds, etc)

$9.23 €8.29

$9.50 COP 29.9K

-2.84%

Cappuccino

$2.06 €1.85

$3.01 COP 9,485

-31.56%

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

$1.86 €1.67

$1.80 COP 5,660

3.33%

Water (0.33 liter bottle)

$1.40 €1.26

$1.41 COP 4,443

-0.71%

Local Beer (0.5 liter draught)

$2.26 €2.03

$3.18 COP 9,990

-28.93%

Imported Beer (0.33 liter bottle)

$3.55 €3.19

$5.75 COP 18.1K

-38.26%

Milk (1 liter)

$1.10 €0.99

$1.51 COP 4,751

-27.15%

White Bread (500g)

$1.52 €1.37

$2.38 COP 7,480

-36.13%

Rice (white) (1kg)

$1.61 €1.45

$1.77 COP 5,573

-9.04%

Eggs

$3.02 €2.71

$2.89 COP 9,093

4.50%

Local Cheese (1kg)

$11.20 €10.06

$10.19 COP 32.1K

9.91%

Chicken Fillets (1kg)

$7.70 €6.92

$9.87 COP 31.1K

-21.99%

Beef Round Steak (1kg)

$14.02 €12.60

$13.99 COP 44.0K

0.21%

Apples (1kg)

$2.36 €2.12

$3.97 COP 12.5K

-40.55%

Banana (1kg)

$1.41 €1.27

$1.55 COP 4,883

-9.03%

Oranges (1kg)

$1.85 €1.67

$2.18 COP 6,867

-15.14%

Tomato (1kg)

$2.50 €2.25

$2.18 COP 6,870

14.68%

Potato (1kg)

$1.52 €1.37

$1.96 COP 6,174

-22.45%

Onion (1kg)

$1.94 €1.74

$1.59 COP 5,000

22.01%

Lettuce (1 head)

$1.56 €1.40

$1.15 COP 3,604

35.65%

Water (1.5 liter bottle)

$0.83 €0.75

$1.24 COP 3,911

-33.06%

Cigarettes 20 Pack (Marlboro, Camel)

$6.14 €5.52

$3.96 COP 12.5K

55.05%

Wine (Bottle)

$5.34 €4.80

$13.68 COP 43.0K

-60.96%

Local Beer (0.5 liter bottle)

$1.24 €1.12

$1.66 COP 5,222

-25.30%

Imported Beer (0.33 liter bottle)

$2.41 €2.16

$2.26 COP 7,104

6.64%

One-way Ticket (Public Transport)

$2.27 €2.04

$1.17 COP 3,674

94.02%

Public Transport Monthly Pass (Regular Price)

$42.12 €37.84

$77.4 COP 243.4K

-45.56%

Taxi Start (Normal Tariff)

$4.13 €3.71

$1.27 COP 3,989

225.20%

Taxi (Normal Tariff) (1km)

$0.81 €0.73

$2.05 COP 6,442

-60.49%

Taxi 1hour Waiting (Normal Tariff)

$17.47 €15.70

$8.55 COP 26.9K

104.33%

Gasoline (1 liter)

$1.91 €1.72

$1.35 COP 4,237

41.48%

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

$34.7K €31.2K

$34.1K COP 107.2M

1.87%

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

$39.2K €35.2K

$34.7K COP 109.1M

13.03%

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

$137 €123

$170 COP 533.7K

-19.05%

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

$21.23 €19.08

$13.55 COP 42.6K

56.68%

Internet (50+ Mbps, Unlimited Data)

$41.41 €37.20

$28.07 COP 88.3K

47.52%

Gym Membership (Monthly)

$44.27 €39.78

$43.70 COP 137.5K

1.30%

Tennis Court (1 Hour on Weekend)

$17.51 €15.73

$17.19 COP 54.1K

1.86%

Cinema Ticket

$8.15 €7.32

$6.91 COP 21.7K

17.95%

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

$476 €428

$797 COP 2.5M

-40.24%

International Primary School, 1 Child (Yearly)

$8,168 €7,339

$9,112 COP 28.7M

-10.36%

Jeans (Levis 501 Or Similar)

$72.5 €65.1

$84.7 COP 266.5K

-14.45%

Summer Dress (H&M, Zara, etc)

$38.12 €34.25

$58.0 COP 182.3K

-34.23%

Sport Shoes (Adidas, Nike)

$92.4 €83.0

$135 COP 424.6K

-31.57%

Men's Leather Business Shoes

$93.9 €84.4

$97.9 COP 307.9K

-4.04%

1-bedroom Apartment, City Center (Monthly)

$910 €818

$1,208 COP 3.8M

-24.66%

1-bedroom Apartment, Outside City Center (Monthly)

$725 €651

$642 COP 2.0M

12.94%

3-bedroom Apartment, City Center (Monthly)

$1,465 €1,317

$2,028 COP 6.4M

-27.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,179 €1,059

$1,012 COP 3.2M

16.54%

Buy Apartment in City Center (m2)

$3,005 €2,700

$4,170 COP 13.1M

-27.94%

Buy Apartment Outside City Center (m2)

$2,314 €2,079

$1,910 COP 6.0M

21.13%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

10.94

-54.20%

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

Last update for Madeira: October 26, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Madeira

$725 45.3%

Medellin

$642 39.1% 11.5% $83

Groceries & Markets

Madeira

$246 15.4%

Medellin

$297 18.1% 21% $51

Monthly Utilities & Internet

Madeira

$200 12.5%

Medellin

$211 12.9% 5.7% $11

Eating Out

Madeira

$176 11%

Medellin

$170 10.4% 3.4% $5.9

Clothing & Footwear

Madeira

$134 8.4%

Medellin

$169 10.3% 26.5% $35

Sport & Entertainment

Madeira

$61 3.8%

Medellin

$58 3.5% 5% $3

Getting Around

Madeira

$59 3.7%

Medellin

$94 5.7% 57.6% $34

Cost Breakdown

A one-bedroom apartment in the center runs $910 in Madeira and $1,208 in Medellin. Housing cost is often the main lever when comparing two cities.

Dining out: $46 in Madeira vs $47 in Medellin for a mid-range dinner for two. Groceries echo the gap at $246 vs $297 per month, with Madeira cheaper across the board.

Good to know

🇵🇹 Madeira

🇨🇴 Medellin

🕒 Local time

11:57 11:57 AM

06:57 6:57 AM

5 h behind Madeira

🌤 Weather

👥 Population

154

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.11 USD

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,501 COP (10,000 COP = 2.86 EUR).

USD to EUR in detail →

On the map

Lowest

Highest

Between locations

Madeira Medellin 6,720 km ≈ 9 h nonstop flight

From you

Madeira
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

Madeira vs Medellin: Cost of Living - Frequently Asked Questions

Madeira is cheaper overall, especially in groceries, clothing, and transport. The 3% gap adds up to real monthly savings that compound significantly over time.

You’d need roughly $2,399 in Madeira and $2,459 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: $910 in Madeira versus $1,208 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $476 in Madeira versus $797 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

A monthly transit pass in Madeira runs roughly 46% less than in Medellin. Both cities have functional networks, but the price difference matters if you’re watching your budget.

Both cities are expensive relative to $1,500. Madeira is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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