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

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $1,106 in Abeokuta, rent included.

A couple spends around $1,599 per month in Medellin vs $1,466 in Abeokuta, rent included.

A family of three spends $2,167 per month in Medellin vs $1,826 in Abeokuta, rent included.

Medellin is about 7% cheaper than Abeokuta, driven mainly by Clothing & Footwear.

Both Medellin and Abeokuta are more affordable than the global median – Medellin 23% lower, Abeokuta 17% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$2.52 ₦3,472

144.44%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$49.40 ₦68.0K

-34.01%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$5.26 ₦7,242

39.54%

Cappuccino

$1.72 COP 5,599

$2.20 ₦3,020

-21.82%

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

$1.05 COP 3,420

$0.33 ₦458

218.18%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.16 ₦225

381.25%

Local Beer (0.5 liter draught)

$1.69 COP 5,487

$0.65 ₦892

160.00%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$1.38 ₦1,902

129.71%

Milk (1 liter)

$1.05 COP 3,423

$2.24 ₦3,077

-53.13%

White Bread (500g)

$1.30 COP 4,236

$1.20 ₦1,649

8.33%

Rice (white) (1kg)

$1.40 COP 4,544

$2.27 ₦3,122

-38.33%

Eggs

$2.16 COP 7,046

$1.72 ₦2,365

25.58%

Local Cheese (1kg)

$4.39 COP 14.3K

$6.38 ₦8,781

-31.19%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.24 ₦5,827

38.68%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$3.74 ₦5,138

131.02%

Apples (1kg)

$2.28 COP 7,425

$3.45 ₦4,744

-33.91%

Banana (1kg)

$1.11 COP 3,603

$2.05 ₦2,818

-45.85%

Oranges (1kg)

$1.53 COP 4,982

$2.10 ₦2,882

-27.14%

Tomato (1kg)

$1.35 COP 4,410

$2.37 ₦3,261

-43.04%

Potato (1kg)

$1.13 COP 3,674

$2.38 ₦3,278

-52.52%

Onion (1kg)

$1.13 COP 3,692

$1.95 ₦2,685

-42.05%

Lettuce (1 head)

$0.85 COP 2,753

$0.51 ₦707

66.67%

Water (1.5 liter bottle)

$0.91 COP 2,975

$0.39 ₦534

133.33%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$0.76 ₦1,045

207.89%

Wine (Bottle)

$12.37 COP 40.3K

$2.48 ₦3,417

398.79%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$0.67 ₦928

79.10%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$0.93 ₦1,278

167.74%

One-way Ticket (Public Transport)

$0.84 COP 2,727

$0.38 ₦527

121.05%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$1.19 ₦1,642

19.33%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$0.92 ₦1,272

108.70%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$2.69 ₦3,700

184.76%

Gasoline (1 liter)

$0.99 COP 3,223

$0.65 ₦889

52.31%

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

$18.0K COP 58.7M

$20.0K ₦27.5M

-9.68%

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

$26.6K COP 86.7M

$20.3K ₦27.9M

31.46%

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

$80.8 COP 263.1K

$41.14 ₦56.6K

96.43%

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

$9.95 COP 32.4K

$9.97 ₦13.7K

-0.20%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$15.94 ₦21.9K

51.69%

Gym Membership (Monthly)

$25.08 COP 81.6K

$12.91 ₦17.8K

94.27%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$10.48 ₦14.4K

82.73%

Cinema Ticket

$3.98 COP 13.0K

$6.16 ₦8,472

-35.39%

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

$305 COP 993.4K

$81.7 ₦112.4K

273.45%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$459 ₦631.5K

1219.77%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$18.98 ₦26.1K

206.27%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$24.91 ₦34.3K

29.27%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$64.6 ₦88.9K

55.83%

Men's Leather Business Shoes

$108 COP 350.8K

$56.8 ₦78.1K

89.80%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$705 ₦969.4K

-32.37%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$703 ₦967.0K

-46.49%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$764 ₦1.1M

10.59%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$714 ₦982.0K

2.32%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$46.42 ₦63.9K

1228.74%

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: July 12, 2026

Last update for Abeokuta: July 12, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $705 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 1229% 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 $49.00 in Abeokuta. Groceries tell a different story – $193 in Medellin vs $180 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 7% 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 $1,546 per month in Medellin and $1,659 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 $49.00 in Abeokuta. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 7% 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 $1,031, than in Abeokuta at $1,106. 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.