Cost of Living Comparison Between Medellin and Abeokuta Cost of Living Comparison Between Medellin and Abeokuta

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $1,142 in Abeokuta, rent included.

A couple spends around $1,602 per month in Medellin vs $1,485 in Abeokuta, rent included.

A family of three spends $2,192 per month in Medellin vs $1,828 in Abeokuta, rent included.

Medellin is about 11% cheaper than Abeokuta, driven mainly by Clothing & Footwear.

Both Medellin and Abeokuta are more affordable than the global median – Medellin 24% lower, Abeokuta 15% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$2.66 ₦3,606

125.19%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.2K

$50.5 ₦68.5K

-34.89%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$5.26 ₦7,136

34.79%

Cappuccino

$1.71 COP 6,105

$2.10 ₦2,845

-18.57%

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

$1.10 COP 3,918

$0.34 ₦461

223.53%

Water (0.33 liter bottle)

$0.78 COP 2,776

$0.14 ₦188

457.14%

Local Beer (0.5 liter draught)

$1.68 COP 5,987

$0.64 ₦870

162.50%

Imported Beer (0.33 liter bottle)

$3.07 COP 10.9K

$1.43 ₦1,944

114.69%

Milk (1 liter)

$1.09 COP 3,899

$2.32 ₦3,149

-53.02%

White Bread (500g)

$1.26 COP 4,500

$1.26 ₦1,705

Rice (white) (1kg)

$1.38 COP 4,914

$2.22 ₦3,008

-37.84%

Eggs

$2.19 COP 7,813

$1.68 ₦2,280

30.36%

Local Cheese (1kg)

$4.40 COP 15.7K

$6.23 ₦8,461

-29.37%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.24 ₦5,757

32.78%

Beef Round Steak (1kg)

$8.89 COP 31.7K

$3.70 ₦5,019

140.27%

Apples (1kg)

$2.34 COP 8,334

$3.48 ₦4,725

-32.76%

Banana (1kg)

$1.06 COP 3,771

$2.09 ₦2,833

-49.28%

Oranges (1kg)

$1.50 COP 5,365

$2.13 ₦2,891

-29.58%

Tomato (1kg)

$1.38 COP 4,915

$2.41 ₦3,272

-42.74%

Potato (1kg)

$1.15 COP 4,104

$2.38 ₦3,236

-51.68%

Onion (1kg)

$1.16 COP 4,148

$1.92 ₦2,610

-39.58%

Lettuce (1 head)

$0.89 COP 3,176

$0.51 ₦698

74.51%

Water (1.5 liter bottle)

$0.84 COP 2,992

$0.38 ₦517

121.05%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,131

$0.75 ₦1,024

204.00%

Wine (Bottle)

$10.64 COP 37.9K

$2.60 ₦3,527

309.23%

Local Beer (0.5 liter bottle)

$1.20 COP 4,276

$0.64 ₦874

87.50%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,809

$0.92 ₦1,255

168.48%

One-way Ticket (Public Transport)

$0.86 COP 3,051

$0.36 ₦485

138.89%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.6K

Taxi Start (Normal Tariff)

$1.47 COP 5,255

$1.20 ₦1,627

22.50%

Taxi (Normal Tariff) (1km)

$1.96 COP 6,997

$1.00 ₦1,354

96.00%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$2.58 ₦3,506

200.00%

Gasoline (1 liter)

$0.95 COP 3,403

$0.68 ₦925

39.71%

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

$18.1K COP 64.6M

$20.2K ₦27.4M

-10.13%

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

$26.5K COP 94.4M

$20.5K ₦27.8M

29.36%

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

$82.3 COP 293.2K

$41.47 ₦56.3K

98.34%

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

$9.50 COP 33.9K

$10.33 ₦14.0K

-8.03%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.4K

$16.08 ₦21.8K

50.68%

Gym Membership (Monthly)

$25.89 COP 92.3K

$12.61 ₦17.1K

105.31%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.7K

$10.40 ₦14.1K

82.69%

Cinema Ticket

$3.93 COP 14.0K

$6.32 ₦8,585

-37.82%

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

$309 COP 1.1M

$84.3 ₦114.4K

267.08%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$457 ₦619.8K

1206.39%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.1K

$19.58 ₦26.6K

199.59%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.3K

$24.70 ₦33.5K

30.97%

Sport Shoes (Adidas, Nike)

$103 COP 365.7K

$64.9 ₦88.1K

58.19%

Men's Leather Business Shoes

$108 COP 386.5K

$57.9 ₦78.6K

87.24%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$710 ₦963.2K

-32.89%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$707 ₦960.1K

-46.44%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$790 ₦1.1M

6.14%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$724 ₦982.4K

0.02%

Buy Apartment in City Center (m2)

$2,791 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$48.31 ₦65.6K

959.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

34.30%

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

Last update for Medellin: May 31, 2026

Last update for Abeokuta: May 31, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $710 in Abeokuta. 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 959% higher in Medellin, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $33.00 in Medellin versus $50.0 in Abeokuta. Groceries tell a different story – $188 in Medellin vs $181 in Abeokuta – so Abeokuta wins on supermarket bills even if dining out costs more.

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

Medellin vs Abeokuta: Cost of Living - Frequently Asked Questions

Abeokuta costs about 13% more than Medellin, with the gap driven mainly by Clothing & Footwear. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $1,519 per month in Medellin and $1,713 in Abeokuta. 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.

A mid-range dinner for two costs $33.00 in Medellin and $50.0 in Abeokuta. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 4% cheaper in Abeokuta – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Abeokuta at $1,142. In Medellin it covers expenses comfortably, while in Abeokuta it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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