πMonthly costs for one person with rent: $1,013 in Medellin versus $1,667 in AlcorcΓ³n.
πEstimated couple costs with rent: $1,602 in Medellin versus $2,435 in AlcorcΓ³n.
πMonthly costs for a family of three with rent: $2,192 in Medellin versus $3,202 in AlcorcΓ³n.
πLiving in Medellin costs roughly 39% less than in AlcorcΓ³n, driven mainly by Eating Out.
πThe two cities straddle the global median: Medellin is 24% below, AlcorcΓ³n is 24% above.
Currency
π½ Eating Out
Medellin
AlcorcΓ³n
Difference
Meal at Budget Restaurant
$5.99COPΒ 21.4K
$17.05β¬14.68
-64.87%
Three-Course Dinner for Two, Mid-Range
$32.86COPΒ 117.2K
$57.3β¬49.32
-42.62%
Fast Food Meal(McDonalds, etc)
$7.09COPΒ 25.3K
$10.38β¬8.94
-31.70%
Cappuccino
$1.71COPΒ 6,105
$2.08β¬1.79
-17.79%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.10COPΒ 3,918
$3.05β¬2.63
-63.93%
Water(0.33 liter bottle)
$0.78COPΒ 2,776
$2.05β¬1.77
-61.95%
Local Beer(0.5 liter draught)
$1.68COPΒ 5,987
$4.39β¬3.78
-61.73%
Imported Beer(0.33 liter bottle)
$3.07COPΒ 10.9K
$3.94β¬3.39
-22.08%
π Groceries & Markets
Medellin
AlcorcΓ³n
Difference
Milk(1 liter)
$1.09COPΒ 3,899
$1.42β¬1.22
-23.24%
White Bread(500g)
$1.26COPΒ 4,500
$1.37β¬1.18
-8.03%
Rice(white)(1kg)
$1.38COPΒ 4,914
$1.51β¬1.30
-8.61%
Eggs
$2.19COPΒ 7,813
$2.66β¬2.29
-17.67%
Local Cheese(1kg)
$4.40COPΒ 15.7K
$16.92β¬14.57
-74.00%
Chicken Fillets(1kg)
$5.63COPΒ 20.1K
$8.89β¬7.65
-36.67%
Beef Round Steak(1kg)
$8.89COPΒ 31.7K
$16.78β¬14.45
-47.02%
Apples(1kg)
$2.34COPΒ 8,334
$2.58β¬2.22
-9.30%
Banana(1kg)
$1.06COPΒ 3,771
$2.15β¬1.85
-50.70%
Oranges(1kg)
$1.50COPΒ 5,365
$2.53β¬2.18
-40.71%
Tomato(1kg)
$1.38COPΒ 4,915
$3.56β¬3.07
-61.24%
Potato(1kg)
$1.15COPΒ 4,104
$2.08β¬1.79
-44.71%
Onion(1kg)
$1.16COPΒ 4,148
$2.25β¬1.94
-48.44%
Lettuce(1 head)
$0.89COPΒ 3,176
$1.41β¬1.21
-36.88%
Water(1.5 liter bottle)
$0.84COPΒ 2,992
$0.78β¬0.67
7.69%
Cigarettes 20 Pack(Marlboro, Camel)
$2.28COPΒ 8,131
$6.41β¬5.52
-64.43%
Wine(Bottle)
$10.64COPΒ 37.9K
$8.24β¬7.10
29.13%
Local Beer(0.5 liter bottle)
$1.20COPΒ 4,276
$1.19β¬1.02
0.84%
Imported Beer(0.33 liter bottle)
$2.47COPΒ 8,809
$2.42β¬2.08
2.07%
π Getting Around
Medellin
AlcorcΓ³n
Difference
One-way Ticket(Public Transport)
$0.86COPΒ 3,051
$1.70β¬1.46
-49.41%
Public Transport Monthly Pass(Regular Price)
$41.40COPΒ 147.6K
$34.48β¬29.69
20.07%
Taxi Start(Normal Tariff)
$1.47COPΒ 5,255
$2.41β¬2.08
-39.00%
Taxi(Normal Tariff)(1km)
$1.96COPΒ 6,997
$0.94β¬0.81
108.51%
Taxi 1hour Waiting(Normal Tariff)
$7.74COPΒ 27.6K
$28.89β¬24.87
-73.21%
Gasoline(1 liter)
$0.95COPΒ 3,403
$1.86β¬1.60
-48.92%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1KCOPΒ 64.6M
$37.4Kβ¬32.2K
-51.54%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5KCOPΒ 94.4M
$29.7Kβ¬25.6K
-10.90%
π§Ύ Monthly Utilities & Internet
Medellin
AlcorcΓ³n
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$82.3COPΒ 293.2K
$114β¬98.1
-27.78%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$9.50COPΒ 33.9K
$20.67β¬17.80
-54.04%
Internet(50+ Mbps, Unlimited Data)
$24.23COPΒ 86.4K
$36.32β¬31.28
-33.29%
π Sport & Entertainment
Medellin
AlcorcΓ³n
Difference
Gym Membership(Monthly)
$25.89COPΒ 92.3K
$48.61β¬41.86
-46.74%
Tennis Court(1 Hour on Weekend)
$19.00COPΒ 67.7K
$15.18β¬13.07
25.16%
Cinema Ticket
$3.93COPΒ 14.0K
$9.96β¬8.57
-60.54%
π§Έ Childcare & Education
Medellin
AlcorcΓ³n
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$309COPΒ 1.1M
$520β¬447
-40.46%
International Primary School, 1 Child(Yearly)
$5,965COPΒ 21.3M
$8,160β¬7,026
-26.90%
ππ Clothing & Footwear
Medellin
AlcorcΓ³n
Difference
Jeans(Levis 501 Or Similar)
$58.7COPΒ 209.1K
$74.6β¬64.2
-21.31%
Summer Dress(H&M, Zara, etc)
$32.35COPΒ 115.3K
$41.49β¬35.73
-22.03%
Sport Shoes(Adidas, Nike)
$103COPΒ 365.7K
$89.7β¬77.2
14.39%
Men's Leather Business Shoes
$108COPΒ 386.5K
$112β¬96.3
-3.07%
π Accommodation & Living
Medellin
AlcorcΓ³n
Difference
1-bedroom Apartment, City Center(Monthly)
$476COPΒ 1.7M
$842β¬725
-43.43%
1-bedroom Apartment, Outside City Center(Monthly)
$379COPΒ 1.4M
$701β¬603
-45.95%
3-bedroom Apartment, City Center(Monthly)
$838COPΒ 3.0M
$1,325β¬1,141
-36.74%
3-bedroom Apartment, Outside City Center(Monthly)
$724COPΒ 2.6M
$989β¬852
-26.81%
Buy Apartment in City Center(m2)
$2,791COPΒ 9.9M
$3,478β¬2,995
-19.76%
Buy Apartment Outside City Center(m2)
$1,211COPΒ 4.3M
$2,230β¬1,921
-45.69%
π΅ Salaries & Financials
Medellin
AlcorcΓ³n
Difference
Average Monthly Net Salary(After Tax)
$512COPΒ 1.8M
-
-
20-Year Fixed Mortgage Interest Rate(Annual %)
13.43
3.43
291.55%
CityCost data is based on AI and user input β minor inaccuracies may occur.
Last update for Medellin: May 31, 2026
Last update for AlcorcΓ³n: May 31, 2026
Cost Breakdown
π A one-bedroom apartment in the center runs $476 in Medellin and $842 in AlcorcΓ³n. Housing cost is often the main lever when comparing two cities.
πDining out: $33.00 in Medellin vs $57.0 in AlcorcΓ³n for a mid-range dinner for two. Groceries echo the gap at $188 vs $297 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
Medellin vs AlcorcΓ³n: Cost of Living - Frequently Asked Questions
Is AlcorcΓ³n cheaper than Medellin?
Medellin is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Sport & Entertainment, Monthly Utilities & Internet. The 65% gap adds up to real monthly savings that compound significantly over time.
What income do you need for each city?
You'd need roughly $1,519 in Medellin and $2,501 in AlcorcΓ³n 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.
What is the rent difference between Medellin and AlcorcΓ³n?
Rent for a central apartment: $476 in Medellin versus $842 in AlcorcΓ³n. Housing is usually the single largest factor when comparing overall living costs between the two.
What are total monthly expenses in Medellin vs AlcorcΓ³n?
All in, you'll spend $1,013 per month in Medellin versus $1,667 in AlcorcΓ³n β a 65% gap that adds up to real savings over time for anyone picking the cheaper option.
Which city has cheaper public transport?
A monthly transit pass in Medellin runs roughly 20% less than in AlcorcΓ³n. Both cities have functional networks, but the price difference matters if you're watching your budget.
Is $1,500 a realistic budget for Medellin or AlcorcΓ³n?
At $1,013 in Medellin versus $1,667 in AlcorcΓ³n, a $1,500 budget is realistic in Medellin but tight or insufficient in AlcorcΓ³n. The gap between the two cities makes Medellin the clear choice for anyone on this budget.
Is Medellin or AlcorcΓ³n more family-friendly?
For families, Medellin is more practical. Housing and childcare are both notably cheaper than in AlcorcΓ³n, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Medellin or AlcorcΓ³n?
Safety-wise, Medellin and AlcorcΓ³n are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is easier to live in as a foreigner?
Expats usually find Medellin gentler on the wallet β expenses run 65% less than in AlcorcΓ³n. Beyond cost, consider language, visa policies, and how big the international community is in each city.