Last update: Oct 2026

Cost of Living Comparison Between Medellin and Anchorage, AK

For one person, living is cheaper in Medellin: $1,614 a month against $3,290 in Anchorage, AK, rent and utilities included – about $20,100 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
159

Cost of Living Index in Anchorage, AK
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Anchorage, AK Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Anchorage, AK

🇺🇸 United States

$3,290

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Anchorage, AK

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 Anchorage, AK actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,614 in Medellin versus $3,290 in Anchorage, AK.

Medellin $1,614
Anchorage, AK $3,290

Estimated couple costs with rent: $2,402 in Medellin versus $4,848 in Anchorage, AK.

Medellin $2,402
Anchorage, AK $4,848

Monthly costs for a family of three with rent: $3,190 in Medellin versus $6,406 in Anchorage, AK.

Medellin $3,190
Anchorage, AK $6,406

Living in Medellin costs roughly 51% less than in Anchorage, AK, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Medellin 20% above, Anchorage, AK 144% above.

Meal at Budget Restaurant

$7.93 COP 25.2K

$24.72 $24.72

-67.92%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 146.3K

$99.5 $99.5

-53.61%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.1K

$15.08 $15.08

-37.00%

Cappuccino

$3.11 COP 9,866

$6.74 $6.74

-53.86%

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

$1.83 COP 5,800

$3.24 $3.24

-43.52%

Water (0.33 liter bottle)

$1.38 COP 4,360

$2.52 $2.52

-45.24%

Local Beer (0.5 liter draught)

$3.05 COP 9,672

$8.17 $8.17

-62.67%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.4K

$9.93 $9.93

-44.61%

Milk (1 liter)

$1.45 COP 4,600

$1.19 $1.19

21.85%

White Bread (500g)

$2.36 COP 7,496

$4.80 $4.80

-50.83%

Rice (white) (1kg)

$1.68 COP 5,328

$6.06 $6.06

-72.28%

Eggs

$2.86 COP 9,077

$4.25 $4.25

-32.71%

Local Cheese (1kg)

$10.19 COP 32.3K

$13.72 $13.72

-25.73%

Chicken Fillets (1kg)

$9.53 COP 30.2K

$12.79 $12.79

-25.49%

Beef Round Steak (1kg)

$14.04 COP 44.5K

$21.40 $21.40

-34.39%

Apples (1kg)

$4.07 COP 12.9K

$8.16 $8.16

-50.12%

Banana (1kg)

$1.50 COP 4,742

$2.27 $2.27

-33.92%

Oranges (1kg)

$2.17 COP 6,891

$5.60 $5.60

-61.25%

Tomato (1kg)

$2.31 COP 7,310

$6.11 $6.11

-62.19%

Potato (1kg)

$1.93 COP 6,113

$2.98 $2.98

-35.23%

Onion (1kg)

$1.64 COP 5,196

$3.16 $3.16

-48.10%

Lettuce (1 head)

$1.13 COP 3,571

$2.76 $2.76

-59.06%

Water (1.5 liter bottle)

$1.25 COP 3,954

$2.34 $2.34

-46.58%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.6K

$12.67 $12.67

-68.51%

Wine (Bottle)

$13.35 COP 42.3K

$17.76 $17.76

-24.83%

Local Beer (0.5 liter bottle)

$1.70 COP 5,384

$1.71 $1.71

-0.58%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,525

$3.51 $3.51

-32.48%

One-way Ticket (Public Transport)

$1.21 COP 3,827

$2.06 $2.06

-41.26%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 242.5K

$60.2 $60.2

27.14%

Taxi Start (Normal Tariff)

$1.32 COP 4,179

$2.71 $2.71

-51.29%

Taxi (Normal Tariff) (1km)

$2.14 COP 6,774

$1.88 $1.88

13.83%

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 26.8K

$41.68 $41.68

-79.68%

Gasoline (1 liter)

$1.30 COP 4,114

$1.25 $1.25

4.00%

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

$28.0K COP 88.7M

$33.3K $33.3K

-16.04%

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

$35.4K COP 112.3M

$26.0K $26.0K

36.15%

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

$172 COP 545.6K

$413 $413

-58.38%

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

$13.37 COP 42.4K

$90.3 $90.3

-85.19%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.1K

$139 $139

-79.38%

Gym Membership (Monthly)

$45.24 COP 143.5K

$91.5 $91.5

-50.53%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.0K

$40.74 $40.74

-58.17%

Cinema Ticket

$6.28 COP 19.9K

$14.89 $14.89

-57.82%

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

$770 COP 2.4M

$1,238 $1,238

-37.76%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.6M

$10.5K $10.5K

-14.33%

Jeans (Levis 501 Or Similar)

$86.4 COP 274.0K

$48.09 $48.09

79.68%

Summer Dress (H&M, Zara, etc)

$57.1 COP 181.1K

$45.27 $45.27

26.20%

Sport Shoes (Adidas, Nike)

$137 COP 432.9K

$113 $113

20.71%

Men's Leather Business Shoes

$97.9 COP 310.4K

$120 $120

-18.24%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.3M

$1,778 $1,778

-40.67%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$1,408 $1,408

-56.25%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$2,834 $2,834

-33.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.2M

$2,467 $2,467

-58.53%

Buy Apartment in City Center (m2)

$4,059 COP 12.9M

$3,985 $3,985

1.85%

Buy Apartment Outside City Center (m2)

$1,678 COP 5.3M

$2,794 $2,794

-39.93%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$4,734 $4,734

-86.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.49

68.57%

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

Last update for Medellin: October 12, 2026

Last update for Anchorage, AK: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$616 38.2%

Anchorage, AK

$1.4K 42.8% 129% $792

Groceries & Markets

Medellin

$295 18.3%

Anchorage, AK

$483 14.7% 64% $189

Monthly Utilities & Internet

Medellin

$214 13.3%

Anchorage, AK

$643 19.6% 200% $429

Clothing & Footwear

Medellin

$170 10.5%

Anchorage, AK

$147 4.5% 13.7% $23

Eating Out

Medellin

$168 10.4%

Anchorage, AK

$408 12.4% 142% $239

Getting Around

Medellin

$93 5.8%

Anchorage, AK

$81 2.5% 13.7% $13

Sport & Entertainment

Medellin

$58 3.6%

Anchorage, AK

$121 3.7% 110% $63

Cost Breakdown

A one-bedroom apartment in the center runs $1,055 in Medellin and $1,778 in Anchorage, AK. Housing cost is often the main lever when comparing two cities.

Anchorage, AK pays 626% 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: $46.00 in Medellin vs $99.0 in Anchorage, AK for a mid-range dinner for two. Groceries echo the gap at $295 vs $483 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇺🇸 Anchorage, AK

🕒 Local time

11:12 11:12 AM

08:12 8:12 AM

3 h behind Medellin

🌤 Weather

👥 Population

2,486,723

289,600

💱 Currency

Colombian Peso COP $

United States Dollar USD $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 18, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to COP in detail →

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Medellin Anchorage, AK 8,550 km ≈ 11 h nonstop flight

From you

Medellin
Anchorage, AK

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 Anchorage, AK: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 104% lower than in Anchorage, AK. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

On paper, salaries run 626% lower in Anchorage, AK. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,055 in Medellin versus $1,778 in Anchorage, AK. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Medellin – a meal for two runs $46.00 versus $99.0 in Anchorage, AK. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,614 per month in Medellin versus $3,290 in Anchorage, AK – a 104% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,614 in Medellin versus $3,290 in Anchorage, AK, a $2,500 budget is realistic in Medellin but tight or insufficient in Anchorage, AK. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,614 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 104% less than in Anchorage, AK. Beyond cost, consider language, visa policies, and how big the international community is in each city.