Cost of Living Comparison Between Medellin and Bakaly Cost of Living Comparison Between Medellin and Bakaly

Monthly Cost of Living

A single person spends $1,017 per month in Medellin vs $971 in Bakaly, rent included.

A couple spends around $1,602 per month in Medellin vs $1,480 in Bakaly, rent included.

A family of three spends $2,188 per month in Medellin vs $1,990 in Bakaly, rent included.

Medellin costs about 5% more than Bakaly, driven mainly by Getting Around.

Both Medellin and Bakaly are more affordable than the global median – Medellin 24% lower, Bakaly 28% lower.

Currency
🍽 Eating Out
Medellin
Bakaly
Difference
Meal at Budget Restaurant
$5.95 COPΒ 20.8K
$8.75 β‚½634
-32.00%
Three-Course Dinner for Two, Mid-Range
$33.33 COPΒ 116.3K
$38.48 β‚½2,788
-13.38%
Fast Food Meal (McDonalds, etc)
$7.23 COPΒ 25.2K
$4.32 β‚½313
67.36%
Cappuccino
$1.63 COPΒ 5,687
$2.27 β‚½164
-28.19%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.09 COPΒ 3,821
$1.29 β‚½93.3
-15.50%
Water (0.33 liter bottle)
$0.73 COPΒ 2,548
$0.39 β‚½28.48
87.18%
Local Beer (0.5 liter draught)
$1.74 COPΒ 6,065
$2.90 β‚½210
-40.00%
Imported Beer (0.33 liter bottle)
$3.23 COPΒ 11.3K
$2.50 β‚½181
29.20%
πŸ›’ Groceries & Markets
Medellin
Bakaly
Difference
Milk (1 liter)
$1.05 COPΒ 3,662
$1.00 β‚½72.8
5.00%
White Bread (500g)
$1.29 COPΒ 4,515
$0.66 β‚½47.56
95.45%
Rice (white) (1kg)
$1.32 COPΒ 4,617
$1.62 β‚½118
-18.52%
Eggs
$2.27 COPΒ 7,927
$1.81 β‚½131
25.41%
Local Cheese (1kg)
$4.35 COPΒ 15.2K
$14.39 β‚½1,042
-69.77%
Chicken Fillets (1kg)
$5.88 COPΒ 20.5K
$3.83 β‚½278
53.52%
Beef Round Steak (1kg)
$8.61 COPΒ 30.0K
$8.72 β‚½632
-1.26%
Apples (1kg)
$2.25 COPΒ 7,844
$1.77 β‚½128
27.12%
Banana (1kg)
$1.07 COPΒ 3,733
$1.98 β‚½144
-45.96%
Oranges (1kg)
$1.52 COPΒ 5,322
$1.39 β‚½101
9.35%
Tomato (1kg)
$1.42 COPΒ 4,964
$3.00 β‚½217
-52.67%
Potato (1kg)
$1.17 COPΒ 4,084
$1.07 β‚½77.5
9.35%
Onion (1kg)
$1.17 COPΒ 4,077
$0.99 β‚½71.5
18.18%
Lettuce (1 head)
$0.89 COPΒ 3,096
$1.50 β‚½109
-40.67%
Water (1.5 liter bottle)
$0.90 COPΒ 3,146
$0.64 β‚½46.66
40.63%
Cigarettes 20 Pack (Marlboro, Camel)
$2.25 COPΒ 7,837
$3.09 β‚½224
-27.18%
Wine (Bottle)
$11.04 COPΒ 38.5K
$8.00 β‚½580
38.00%
Local Beer (0.5 liter bottle)
$1.14 COPΒ 3,977
$0.81 β‚½58.9
40.74%
Imported Beer (0.33 liter bottle)
$2.38 COPΒ 8,301
$1.95 β‚½142
22.05%
🚌 Getting Around
Medellin
Bakaly
Difference
One-way Ticket (Public Transport)
$0.84 COPΒ 2,916
$0.49 β‚½35.55
71.43%
Public Transport Monthly Pass (Regular Price)
$41.95 COPΒ 146.4K
-
-
Taxi Start (Normal Tariff)
$1.41 COPΒ 4,912
$3.24 β‚½235
-56.48%
Taxi (Normal Tariff) (1km)
$1.90 COPΒ 6,634
$0.33 β‚½23.56
475.76%
Taxi 1hour Waiting (Normal Tariff)
$7.75 COPΒ 27.0K
$7.82 β‚½567
-0.90%
Gasoline (1 liter)
$1.01 COPΒ 3,509
$0.80 β‚½57.7
26.25%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COPΒ 61.4M
$32.2K β‚½2.3M
-45.38%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COPΒ 92.5M
$31.2K β‚½2.3M
-14.96%
🧾 Monthly Utilities & Internet
Medellin
Bakaly
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$83.7 COPΒ 292.1K
$98.8 β‚½7,156
-15.26%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.45 COPΒ 33.0K
$4.74 β‚½343
99.37%
Internet (50+ Mbps, Unlimited Data)
$24.11 COPΒ 84.1K
$7.18 β‚½520
235.79%
πŸŽ‰ Sport & Entertainment
Medellin
Bakaly
Difference
Gym Membership (Monthly)
$25.31 COPΒ 88.3K
$36.22 β‚½2,625
-30.12%
Tennis Court (1 Hour on Weekend)
$19.14 COPΒ 66.8K
-
-
Cinema Ticket
$4.10 COPΒ 14.3K
$5.14 β‚½372
-20.23%
🧸 Childcare & Education
Medellin
Bakaly
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$312 COPΒ 1.1M
$328 β‚½23.7K
-4.82%
International Primary School, 1 Child (Yearly)
$5,993 COPΒ 20.9M
$6,947 β‚½503.4K
-13.73%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Bakaly
Difference
Jeans (Levis 501 Or Similar)
$58.0 COPΒ 202.6K
$69.1 β‚½5,006
-15.98%
Summer Dress (H&M, Zara, etc)
$32.56 COPΒ 113.6K
$44.51 β‚½3,225
-26.85%
Sport Shoes (Adidas, Nike)
$99.6 COPΒ 347.7K
$113 β‚½8,159
-11.52%
Men's Leather Business Shoes
$109 COPΒ 378.8K
$108 β‚½7,815
0.64%
🏠 Accommodation & Living
Medellin
Bakaly
Difference
1-bedroom Apartment, City Center (Monthly)
$482 COPΒ 1.7M
$453 β‚½32.8K
6.42%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COPΒ 1.3M
$307 β‚½22.3K
23.55%
3-bedroom Apartment, City Center (Monthly)
$837 COPΒ 2.9M
$776 β‚½56.2K
7.99%
3-bedroom Apartment, Outside City Center (Monthly)
$723 COPΒ 2.5M
$514 β‚½37.3K
40.62%
Buy Apartment in City Center (m2)
$2,840 COPΒ 9.9M
$2,694 β‚½195.2K
5.41%
Buy Apartment Outside City Center (m2)
$1,223 COPΒ 4.3M
$1,733 β‚½125.5K
-29.41%
πŸ’΅ Salaries & Financials
Medellin
Bakaly
Difference
Average Monthly Net Salary (After Tax)
$541 COPΒ 1.9M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
16.33
-17.76%

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

Last update for Medellin: June 8, 2026

Last update for Bakaly: June 7, 2026

Cost Breakdown

A central one-bedroom costs $482 in Medellin versus $453 in Bakaly. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $33.00 in Medellin versus $38.00 in Bakaly. Monthly groceries follow the same trend: $190 vs $203 – making Medellin the more affordable choice for daily food spending.

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 Bakaly: Cost of Living - Frequently Asked Questions
Which city is more expensive, Medellin or Bakaly?
Medellin costs about 5% more than Bakaly, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in Medellin vs Bakaly?
For a comfortable life, plan on about $1,525 per month in Medellin and $1,457 in Bakaly. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, Medellin or Bakaly?
Rent is clearly cheaper in Bakaly, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How do dining costs compare in Medellin vs Bakaly?
A mid-range dinner for two costs $33.00 in Medellin and $38.00 in Bakaly. That's a good indicator of the overall restaurant and cafΓ© pricing gap between the two cities.
Are groceries more expensive in Medellin or Bakaly?
Interestingly, groceries are about 7% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Can you live on $1,000/month in Medellin or Bakaly?
A $1,000 monthly budget goes further in Bakaly, where all-in costs run around $971, than in Medellin at $1,017. In Bakaly it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Which city is better for digital nomads, Medellin or Bakaly?
For digital nomads, it depends on budget. Bakaly costs $971 versus $1,017 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.
Should I move to Medellin or Bakaly?
If budget matters most, go with Bakaly. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.

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