Last update: Nov 2026

Cost of Living Comparison Between Medellin and Alcoy

Name: Alcoy
Address: Alcoy, ES

For one person, living is cheaper in Alcoy: $1,580 a month against $1,692 in Medellin, rent and utilities included – about $1,300 less a year. Other living expenses account for most of the difference.

80

Cost of Living Index in Medellin
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Medellin Living Index
75

Cost of Living Index in Alcoy
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Alcoy Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Alcoy

🇪🇸 Spain

$1,580

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Alcoy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Alcoy actually costs, broken down by who's living it.

A single person spends $1,692 per month in Medellin vs $1,580 in Alcoy, rent included.

Medellin $1,692
Alcoy $1,580

A couple spends around $2,471 per month in Medellin vs $2,339 in Alcoy, rent included.

Medellin $2,471
Alcoy $2,339

A family of three spends $3,249 per month in Medellin vs $3,098 in Alcoy, rent included.

Medellin $3,249
Alcoy $3,098

Medellin costs about 7% more than Alcoy, and outside of rent the biggest gap is in transport.

Both Medellin and Alcoy sit above the global median – Medellin by 25%, Alcoy by 17%.

Meal at Budget Restaurant

$8.34 COP 26.9K

$10.18 €9.06

-18.07%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.3K

$56.1 €49.96

-17.07%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$12.94 €11.52

-26.82%

Cappuccino

$3.13 COP 10.1K

$1.77 €1.57

76.84%

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

$1.77 COP 5,705

$1.77 €1.58

Water (0.33 liter bottle)

$1.42 COP 4,601

$1.32 €1.18

7.58%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$3.33 €2.97

-5.41%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$2.34 €2.08

143.59%

Milk (1 liter)

$1.53 COP 4,950

$1.04 €0.92

47.12%

White Bread (500g)

$2.29 COP 7,401

$1.47 €1.31

55.78%

Rice (white) (1kg)

$1.94 COP 6,282

$1.36 €1.21

42.65%

Eggs

$3.07 COP 9,905

$3.17 €2.83

-3.15%

Local Cheese (1kg)

$9.99 COP 32.3K

$13.96 €12.43

-28.44%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$8.27 €7.37

26.36%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$15.55 €13.85

-10.23%

Apples (1kg)

$4.05 COP 13.1K

$2.58 €2.30

56.98%

Banana (1kg)

$1.53 COP 4,937

$2.00 €1.78

-23.50%

Oranges (1kg)

$2.10 COP 6,797

$2.09 €1.86

0.48%

Tomato (1kg)

$2.29 COP 7,409

$2.61 €2.32

-12.26%

Potato (1kg)

$2.11 COP 6,813

$1.77 €1.58

19.21%

Onion (1kg)

$1.71 COP 5,521

$2.01 €1.79

-14.93%

Lettuce (1 head)

$1.17 COP 3,780

$1.39 €1.23

-15.83%

Water (1.5 liter bottle)

$1.58 COP 5,104

$0.53 €0.48

198.11%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$6.10 €5.43

-35.90%

Wine (Bottle)

$14.04 COP 45.4K

$5.71 €5.09

145.88%

Local Beer (0.5 liter bottle)

$1.76 COP 5,690

$1.17 €1.04

50.43%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,760

$1.39 €1.23

94.96%

One-way Ticket (Public Transport)

$1.18 COP 3,811

$1.54 €1.38

-23.38%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

$27.54 €24.53

177.02%

Taxi Start (Normal Tariff)

$1.81 COP 5,836

$3.45 €3.07

-47.54%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,878

$1.40 €1.25

52.14%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

$27.20 €24.22

-70.11%

Gasoline (1 liter)

$1.28 COP 4,119

$1.77 €1.57

-27.68%

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

$34.4K COP 111.2M

$33.3K €29.7K

3.36%

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

$34.1K COP 110.3M

$29.7K €26.4K

14.91%

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

$178 COP 574.1K

$153 €136

16.48%

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

$13.89 COP 44.9K

$17.87 €15.91

-22.27%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.3K

$29.93 €26.65

2.71%

Gym Membership (Monthly)

$41.94 COP 135.5K

$43.79 €38.99

-4.22%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.3K

$15.50 €13.80

8.39%

Cinema Ticket

$7.47 COP 24.1K

$9.15 €8.15

-18.36%

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

$790 COP 2.6M

$530 €472

49.18%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$9,457 €8,421

30.02%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.9K

$86.9 €77.4

-0.69%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.4K

$35.40 €31.52

67.40%

Sport Shoes (Adidas, Nike)

$138 COP 446.9K

$91.0 €81.0

52.11%

Men's Leather Business Shoes

$98.8 COP 319.2K

$112 €99.3

-11.44%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$905 €806

48.11%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$691 €615

-3.46%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$1,330 €1,184

48.52%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$1,076 €958

-4.00%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$3,419 €3,045

19.84%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$2,102 €1,872

-7.71%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$1,898 €1,690

-65.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.3

231.52%

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

Last update for Medellin: November 2, 2026

Last update for Alcoy: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Alcoy

$691 43.7% 3.6% $24

Groceries & Markets

Medellin

$307 18.2%

Alcoy

$261 16.5% 15.2% $47

Monthly Utilities & Internet

Medellin

$222 13.1%

Alcoy

$200 12.7% 9.9% $22

Eating Out

Medellin

$173 10.2%

Alcoy

$175 11.1% 1.5% $2.5

Clothing & Footwear

Medellin

$172 10.2%

Alcoy

$146 9.3% 15.1% $26

Getting Around

Medellin

$93 5.5%

Alcoy

$44 2.8% 52.7% $49

Sport & Entertainment

Medellin

$57 3.4%

Alcoy

$62 3.9% 9.1% $5.2

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $905 in Alcoy. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Alcoy are about 2.9 times higher, 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 $47 in Medellin versus $56 in Alcoy. Groceries tell a different story – $307 in Medellin vs $261 in Alcoy – so Alcoy wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Medellin

🇪🇸 Alcoy

🕒 Local time

04:08 4:08 AM

10:08 10:08 AM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

59,493

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,628 COP (10,000 COP = 2.76 EUR).

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Alcoy 8,280 km ≈ 11 h nonstop flight

From you

Medellin
Alcoy

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

Medellin vs Alcoy: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,692 in Medellin, $1,580 in Alcoy – Alcoy comes out roughly 7% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $2,538 per month in Medellin and $2,370 in Alcoy. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Alcoy, especially for central apartments: a one-bedroom in the center costs $905 there versus $1,341 in Medellin.

Groceries cost about 18% more in Medellin, though the gap depends on what you buy.

A mid-range dinner for two costs $47 in Medellin and $56 in Alcoy. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

$2,000 covers both cities comfortably – all-in costs are $1,692 in Medellin and $1,580 in Alcoy, leaving budget for savings and extras in both cases.

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