Cost of Living Comparison Between Medellin and BagΓ© Cost of Living Comparison Between Medellin and BagΓ©

Monthly Cost of Living

Monthly costs for one person with rent: $1,013 in Medellin versus $762 in BagΓ©.

Estimated couple costs with rent: $1,602 in Medellin versus $1,244 in BagΓ©.

Monthly costs for a family of three with rent: $2,192 in Medellin versus $1,726 in BagΓ©.

Living in Medellin is roughly 33% more expensive than BagΓ©, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Medellin 24% lower, BagΓ© 43% lower.

Currency
🍽 Eating Out
Medellin
BagΓ©
Difference
Meal at Budget Restaurant
$5.99 COPΒ 21.5K
$5.31 R$27.35
12.81%
Three-Course Dinner for Two, Mid-Range
$32.86 COPΒ 118.1K
$27.08 R$139
21.34%
Fast Food Meal (McDonalds, etc)
$7.09 COPΒ 25.5K
$6.28 R$32.34
12.90%
Cappuccino
$1.71 COPΒ 6,154
$1.79 R$9.24
-4.47%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,949
$1.08 R$5.56
1.85%
Water (0.33 liter bottle)
$0.78 COPΒ 2,798
$0.65 R$3.36
20.00%
Local Beer (0.5 liter draught)
$1.68 COPΒ 6,035
$1.75 R$9.02
-4.00%
Imported Beer (0.33 liter bottle)
$3.07 COPΒ 11.0K
$2.78 R$14.32
10.43%
πŸ›’ Groceries & Markets
Medellin
BagΓ©
Difference
Milk (1 liter)
$1.09 COPΒ 3,930
$0.92 R$4.75
18.48%
White Bread (500g)
$1.26 COPΒ 4,536
$1.52 R$7.85
-17.11%
Rice (white) (1kg)
$1.38 COPΒ 4,953
$1.15 R$5.90
20.00%
Eggs
$2.19 COPΒ 7,876
$2.01 R$10.36
8.96%
Local Cheese (1kg)
$4.40 COPΒ 15.8K
$8.08 R$41.60
-45.54%
Chicken Fillets (1kg)
$5.63 COPΒ 20.2K
$3.57 R$18.39
57.70%
Beef Round Steak (1kg)
$8.89 COPΒ 32.0K
$7.09 R$36.50
25.39%
Apples (1kg)
$2.34 COPΒ 8,401
$2.13 R$10.95
9.86%
Banana (1kg)
$1.06 COPΒ 3,801
$1.31 R$6.73
-19.08%
Oranges (1kg)
$1.50 COPΒ 5,408
$1.19 R$6.13
26.05%
Tomato (1kg)
$1.38 COPΒ 4,955
$1.45 R$7.46
-4.83%
Potato (1kg)
$1.15 COPΒ 4,137
$1.20 R$6.20
-4.17%
Onion (1kg)
$1.16 COPΒ 4,181
$1.05 R$5.40
10.48%
Lettuce (1 head)
$0.89 COPΒ 3,202
$0.70 R$3.58
27.14%
Water (1.5 liter bottle)
$0.84 COPΒ 3,016
$0.65 R$3.36
29.23%
Cigarettes 20 Pack (Marlboro, Camel)
$2.28 COPΒ 8,196
$2.19 R$11.30
4.11%
Wine (Bottle)
$10.64 COPΒ 38.2K
$8.42 R$43.40
26.37%
Local Beer (0.5 liter bottle)
$1.20 COPΒ 4,311
$1.27 R$6.56
-5.51%
Imported Beer (0.33 liter bottle)
$2.47 COPΒ 8,880
$2.06 R$10.62
19.90%
🚌 Getting Around
Medellin
BagΓ©
Difference
One-way Ticket (Public Transport)
$0.86 COPΒ 3,075
$0.88 R$4.52
-2.27%
Public Transport Monthly Pass (Regular Price)
$41.40 COPΒ 148.8K
$38.81 R$200
6.67%
Taxi Start (Normal Tariff)
$1.47 COPΒ 5,297
$1.06 R$5.44
38.68%
Taxi (Normal Tariff) (1km)
$1.96 COPΒ 7,053
$0.74 R$3.83
164.86%
Taxi 1hour Waiting (Normal Tariff)
$7.74 COPΒ 27.8K
$6.47 R$33.34
19.63%
Gasoline (1 liter)
$0.95 COPΒ 3,430
$1.03 R$5.32
-7.77%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1K COPΒ 65.2M
$21.0K R$108.4K
-13.84%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COPΒ 95.2M
$27.9K R$143.5K
-4.95%
🧾 Monthly Utilities & Internet
Medellin
BagΓ©
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.3 COPΒ 295.6K
$60.8 R$313
35.24%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.50 COPΒ 34.1K
$13.70 R$70.6
-30.66%
Internet (50+ Mbps, Unlimited Data)
$24.23 COPΒ 87.1K
$18.65 R$96.1
29.92%
πŸŽ‰ Sport & Entertainment
Medellin
BagΓ©
Difference
Gym Membership (Monthly)
$25.89 COPΒ 93.0K
$22.48 R$116
15.17%
Tennis Court (1 Hour on Weekend)
$19.00 COPΒ 68.3K
$21.42 R$110
-11.30%
Cinema Ticket
$3.93 COPΒ 14.1K
$6.22 R$32.02
-36.82%
🧸 Childcare & Education
Medellin
BagΓ©
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$309 COPΒ 1.1M
$269 R$1,385
15.08%
International Primary School, 1 Child (Yearly)
$5,965 COPΒ 21.4M
$6,510 R$33.5K
-8.37%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
BagΓ©
Difference
Jeans (Levis 501 Or Similar)
$58.7 COPΒ 210.8K
$49.18 R$253
19.28%
Summer Dress (H&M, Zara, etc)
$32.35 COPΒ 116.2K
$41.39 R$213
-21.84%
Sport Shoes (Adidas, Nike)
$103 COPΒ 368.7K
$76.0 R$392
34.98%
Men's Leather Business Shoes
$108 COPΒ 389.6K
$65.1 R$335
66.69%
🏠 Accommodation & Living
Medellin
BagΓ©
Difference
1-bedroom Apartment, City Center (Monthly)
$476 COPΒ 1.7M
$319 R$1,642
49.41%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COPΒ 1.4M
$220 R$1,131
72.55%
3-bedroom Apartment, City Center (Monthly)
$838 COPΒ 3.0M
$587 R$3,024
42.79%
3-bedroom Apartment, Outside City Center (Monthly)
$724 COPΒ 2.6M
$428 R$2,204
69.20%
Buy Apartment in City Center (m2)
$2,791 COPΒ 10.0M
$1,784 R$9,189
56.42%
Buy Apartment Outside City Center (m2)
$1,211 COPΒ 4.4M
$1,004 R$5,170
20.69%
πŸ’΅ Salaries & Financials
Medellin
BagΓ©
Difference
Average Monthly Net Salary (After Tax)
$512 COPΒ 1.8M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
10.92
22.99%

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

Last update for Medellin: May 31, 2026

Last update for BagΓ©: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $476 in Medellin and $319 in BagΓ©. Housing cost is often the main lever when comparing two cities.

Dining out: $33.00 in Medellin vs $27.00 in BagΓ© for a mid-range dinner for two. Groceries echo the gap at $188 vs $175 per month, with BagΓ© 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 BagΓ©: Cost of Living - Frequently Asked Questions
Which city is more expensive, Medellin or BagΓ©?
BagΓ© wins on cost – living expenses run 33% lower than in Medellin. Housing and daily spending are where you'll feel the difference most, making BagΓ© the obvious pick if budget is a priority.
How much do you need to earn to live comfortably in Medellin vs BagΓ©?
You'd need roughly $1,519 in Medellin and $1,143 in BagΓ© 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.
How much does a 1-bedroom apartment cost in Medellin vs BagΓ©?
Rent for a central apartment: $476 in Medellin versus $319 in BagΓ©. Housing is usually the single largest factor when comparing overall living costs between the two.
How do childcare costs compare in Medellin and BagΓ©?
Childcare runs $309 in Medellin versus $269 in BagΓ©. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Are groceries more expensive in Medellin or BagΓ©?
Supermarket bills run roughly 8% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.
Can you live on $1,000/month in Medellin or BagΓ©?
At $762 in BagΓ© versus $1,013 in Medellin, a $1,000 budget is realistic in BagΓ© but tight or insufficient in Medellin. The gap between the two cities makes BagΓ© the clear choice for anyone on this budget.
Which city is better for digital nomads, Medellin or BagΓ©?
Both work as nomad bases, but BagΓ© delivers better value – similar infrastructure at $762 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes BagΓ© hard to pass up.
Which city is more affordable for expats?
Expats usually find BagΓ© gentler on the wallet – expenses run 33% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.

Medellin vs other spots: cost of living compared

Similar cities