Cost of Living Comparison Between Medellin and Albay Cost of Living Comparison Between Medellin and Albay

Monthly Cost of Living

Monthly costs for one person with rent: $1,031 in Medellin versus $792 in Albay.

Estimated couple costs with rent: $1,599 in Medellin versus $1,227 in Albay.

Monthly costs for a family of three with rent: $2,167 in Medellin versus $1,662 in Albay.

Living in Medellin is roughly 30% more expensive than in Albay, driven mainly by Getting Around.

Both cities sit below the global median: Medellin 23% lower, Albay 41% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$3.61 ₱222

70.64%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$17.94 ₱1,104

81.72%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$3.34 ₱206

119.76%

Cappuccino

$1.72 COP 5,600

$2.44 ₱150

-29.51%

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

$1.05 COP 3,420

$0.82 ₱50.5

28.05%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.36 ₱22.26

113.89%

Local Beer (0.5 liter draught)

$1.69 COP 5,488

$1.30 ₱79.7

30.00%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$2.17 ₱133

46.08%

Milk (1 liter)

$1.05 COP 3,423

$1.86 ₱114

-43.55%

White Bread (500g)

$1.30 COP 4,236

$1.27 ₱78.5

2.36%

Rice (white) (1kg)

$1.40 COP 4,544

$0.94 ₱58.1

48.94%

Eggs

$2.16 COP 7,047

$1.99 ₱123

8.54%

Local Cheese (1kg)

$4.39 COP 14.3K

$7.86 ₱484

-44.15%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.18 ₱257

40.67%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$7.70 ₱474

12.21%

Apples (1kg)

$2.28 COP 7,426

$2.93 ₱181

-22.18%

Banana (1kg)

$1.11 COP 3,604

$1.52 ₱93.5

-26.97%

Oranges (1kg)

$1.53 COP 4,983

$2.62 ₱161

-41.60%

Tomato (1kg)

$1.35 COP 4,410

$1.53 ₱94.5

-11.76%

Potato (1kg)

$1.13 COP 3,674

$2.19 ₱135

-48.40%

Onion (1kg)

$1.13 COP 3,692

$2.58 ₱159

-56.20%

Lettuce (1 head)

$0.85 COP 2,753

$1.07 ₱65.7

-20.56%

Water (1.5 liter bottle)

$0.91 COP 2,975

$0.71 ₱44.00

28.17%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,630

$2.87 ₱177

-18.47%

Wine (Bottle)

$12.37 COP 40.3K

$9.26 ₱570

33.59%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.17 ₱71.8

2.56%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.98 ₱122

25.76%

One-way Ticket (Public Transport)

$0.84 COP 2,728

$0.28 ₱17.31

200.00%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$0.82 ₱50.8

73.17%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$0.22 ₱13.51

772.73%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$2.14 ₱132

257.94%

Gasoline (1 liter)

$0.99 COP 3,223

$1.11 ₱68.1

-10.81%

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

$18.0K COP 58.7M

$27.0K ₱1.7M

-33.16%

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

$26.6K COP 86.7M

$20.3K ₱1.3M

30.91%

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

$80.8 COP 263.1K

$114 ₱6,997

-28.90%

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

$9.95 COP 32.4K

$32.47 ₱1,999

-69.36%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$27.26 ₱1,678

-11.30%

Gym Membership (Monthly)

$25.08 COP 81.7K

$33.29 ₱2,050

-24.66%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$4.50 ₱277

325.56%

Cinema Ticket

$3.98 COP 13.0K

$5.96 ₱367

-33.22%

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

$305 COP 993.5K

$153 ₱9,436

99.10%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$4,338 ₱267.1K

39.65%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$45.01 ₱2,771

29.15%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$26.31 ₱1,620

22.39%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$75.3 ₱4,637

33.75%

Men's Leather Business Shoes

$108 COP 350.8K

$53.0 ₱3,262

103.38%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$263 ₱16.2K

80.90%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$178 ₱11.0K

111.20%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$579 ₱35.6K

46.00%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$395 ₱24.3K

85.04%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$2,503 ₱154.1K

28.45%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$956 ₱58.8K

43.59%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$164 ₱10.1K

275.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.67

101.35%

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

Last update for Medellin: July 12, 2026

Last update for Albay: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $477 in Medellin and $263 in Albay. Housing cost is often the main lever when comparing two cities.

Medellin pays 276% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $33.00 in Medellin vs $18.00 in Albay. Groceries flip the comparison at $193 vs $206, with Medellin cheaper for home cooking.

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 Albay: Cost of Living - Frequently Asked Questions

Medellin and Albay differ by about 30% in total monthly costs ($1,031 vs $792 including rent). Albay is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 276% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $477 in Medellin versus $263 in Albay. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $305 in Medellin versus $153 in Albay. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Albay – a meal for two runs $18.00 versus $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $792 in Albay versus $1,031 in Medellin, a $2,000 budget is realistic in Albay but tight or insufficient in Medellin. The gap between the two cities makes Albay the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Albay gentler on the wallet – expenses run 30% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.