Last update: Oct 2026

Cost of Living Comparison Between Medellin and Cayo Coco

For one person, living is cheaper in Cayo Coco: $1,224 a month against $1,639 in Medellin, rent and utilities included – about $5,000 less a year. Rent and utilities account for most of the difference.

Medellin, Colombia
Cayo Coco, Cuba
Medellin
🇨🇴 Colombia
$1,639
/mo nomad
Cayo Coco
🇨🇺 Cuba
$1,224
/mo nomad
Monthly Cost of Living

How much you'll spend in Medellin and in Cayo Coco

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 Cayo Coco actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,639 in Medellin versus $1,224 in Cayo Coco.

  • Medellin $1,639
  • Cayo Coco $1,224

Estimated couple costs with rent: $2,413 in Medellin versus $1,689 in Cayo Coco.

  • Medellin $2,413
  • Cayo Coco $1,689

Monthly costs for a family of three with rent: $3,186 in Medellin versus $2,155 in Cayo Coco.

  • Medellin $3,186
  • Cayo Coco $2,155

Living in Medellin is roughly 34% more expensive than in Cayo Coco, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Medellin is 20% above, Cayo Coco is 10% below.

Currency
🍽 Eating Out
Medellin
Cayo Coco
Difference
Meal at Budget Restaurant
$8.09 COP 26.1K
$5.11 CUP 123
58.32%
Three-Course Dinner for Two, Mid-Range
$47.05 COP 151.9K
$14.92 CUP 358
215.35%
Fast Food Meal (McDonalds, etc)
$9.50 COP 30.7K
$6.90 CUP 166
37.68%
Cappuccino
$3.01 COP 9,735
$0.97 CUP 23.34
210.31%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.80 COP 5,809
$2.05 CUP 49.24
-12.20%
Water (0.33 liter bottle)
$1.41 COP 4,561
$0.98 CUP 23.61
43.88%
Local Beer (0.5 liter draught)
$3.18 COP 10.3K
$1.94 CUP 46.63
63.92%
Imported Beer (0.33 liter bottle)
$5.75 COP 18.6K
$3.08 CUP 74.0
86.69%
🛒 Groceries & Markets
Medellin
Cayo Coco
Difference
Milk (1 liter)
$1.51 COP 4,876
$3.04 CUP 72.9
-50.33%
White Bread (500g)
$2.38 COP 7,678
$0.99 CUP 23.72
140.40%
Rice (white) (1kg)
$1.77 COP 5,720
$1.97 CUP 47.29
-10.15%
Eggs
$2.89 COP 9,333
$3.69 CUP 88.6
-21.68%
Local Cheese (1kg)
$10.19 COP 32.9K
$5.86 CUP 141
73.89%
Chicken Fillets (1kg)
$9.87 COP 31.9K
$5.06 CUP 121
95.06%
Beef Round Steak (1kg)
$13.99 COP 45.2K
$9.80 CUP 235
42.76%
Apples (1kg)
$3.97 COP 12.8K
$5.07 CUP 122
-21.70%
Banana (1kg)
$1.55 COP 5,012
$1.01 CUP 24.25
53.47%
Oranges (1kg)
$2.18 COP 7,048
$1.02 CUP 24.48
113.73%
Tomato (1kg)
$2.18 COP 7,051
$0.99 CUP 23.73
120.20%
Potato (1kg)
$1.96 COP 6,337
$0.98 CUP 23.58
100.00%
Onion (1kg)
$1.59 COP 5,132
$3.09 CUP 74.2
-48.54%
Lettuce (1 head)
$1.15 COP 3,699
$1.01 CUP 24.30
13.86%
Water (1.5 liter bottle)
$1.24 COP 4,014
$0.99 CUP 23.64
25.25%
Cigarettes 20 Pack (Marlboro, Camel)
$3.96 COP 12.8K
$2.95 CUP 70.8
34.24%
Wine (Bottle)
$13.68 COP 44.2K
$10.02 CUP 241
36.53%
Local Beer (0.5 liter bottle)
$1.66 COP 5,359
$1.96 CUP 46.99
-15.31%
Imported Beer (0.33 liter bottle)
$2.26 COP 7,291
$1.96 CUP 47.01
15.31%
🚌 Getting Around
Medellin
Cayo Coco
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,771
-
-
Public Transport Monthly Pass (Regular Price)
$77.4 COP 249.8K
$20.39 CUP 489
279.45%
Taxi Start (Normal Tariff)
$1.27 COP 4,094
$0.97 CUP 23.33
30.93%
Taxi (Normal Tariff) (1km)
$2.05 COP 6,612
$1.02 CUP 24.48
100.98%
Taxi 1hour Waiting (Normal Tariff)
$8.55 COP 27.6K
$20.19 CUP 485
-57.65%
Gasoline (1 liter)
$1.35 COP 4,349
$0.98 CUP 23.42
37.76%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.1K COP 110.0M
$71.3K CUP 1.7M
-52.25%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.7K COP 111.9M
$80.8K CUP 1.9M
-57.08%
🧾 Monthly Utilities & Internet
Medellin
Cayo Coco
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 COP 547.8K
$39.92 CUP 958
324.97%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.55 COP 43.8K
$40.23 CUP 966
-66.32%
Internet (50+ Mbps, Unlimited Data)
$28.07 COP 90.6K
$221 CUP 5,307
-87.31%
🎉 Sport & Entertainment
Medellin
Cayo Coco
Difference
Gym Membership (Monthly)
$43.70 COP 141.1K
$40.44 CUP 971
8.06%
Tennis Court (1 Hour on Weekend)
$17.19 COP 55.5K
$10.03 CUP 241
71.39%
Cinema Ticket
$6.91 COP 22.3K
$0.99 CUP 23.71
597.98%
🧸 Childcare & Education
Medellin
Cayo Coco
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$797 COP 2.6M
$89.0 CUP 2,136
795.29%
International Primary School, 1 Child (Yearly)
$9,112 COP 29.4M
$15.1K CUP 362.8K
-39.72%
👕👟 Clothing & Footwear
Medellin
Cayo Coco
Difference
Jeans (Levis 501 Or Similar)
$84.7 COP 273.5K
$40.38 CUP 969
109.81%
Summer Dress (H&M, Zara, etc)
$58.0 COP 187.2K
$29.55 CUP 709
96.14%
Sport Shoes (Adidas, Nike)
$135 COP 435.8K
$73.9 CUP 1,773
82.70%
Men's Leather Business Shoes
$97.9 COP 316.0K
$81.3 CUP 1,950
20.44%
🏠 Accommodation & Living
Medellin
Cayo Coco
Difference
1-bedroom Apartment, City Center (Monthly)
$1,208 COP 3.9M
$404 CUP 9,699
198.87%
1-bedroom Apartment, Outside City Center (Monthly)
$642 COP 2.1M
$417 CUP 10.0K
53.81%
3-bedroom Apartment, City Center (Monthly)
$2,028 COP 6.5M
$1,031 CUP 24.7K
96.62%
3-bedroom Apartment, Outside City Center (Monthly)
$1,012 COP 3.3M
$623 CUP 14.9K
62.49%
Buy Apartment in City Center (m2)
$4,170 COP 13.5M
$300 CUP 7,202
1289.66%
Buy Apartment Outside City Center (m2)
$1,910 COP 6.2M
$354 CUP 8,487
440.22%
💵 Salaries & Financials
Medellin
Cayo Coco
Difference
Average Monthly Net Salary (After Tax)
$657 COP 2.1M
$19.60 CUP 471
3252.76%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
10
9.40%

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

Last update for Medellin: October 25, 2026

Last update for Cayo Coco: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Medellin
$642
Cayo Coco
$417 35% $224
Groceries & Markets
Medellin
$297
Cayo Coco
$234 21.1% $63
Monthly Utilities & Internet
Medellin
$211
Cayo Coco
$301 42.6% $90
Eating Out
Medellin
$170
Cayo Coco
$101 40.3% $68
Clothing & Footwear
Medellin
$169
Cayo Coco
$101 40.1% $68
Getting Around
Medellin
$94
Cayo Coco
$26 * 71.7% $67
Sport & Entertainment
Medellin
$58
Cayo Coco
$42 26.3% $15

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,208 in Medellin and $404 in Cayo Coco. Housing cost is often the main lever when comparing two cities.

Medellin pays about 34 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Medellin vs $15 in Cayo Coco for a mid-range dinner for two. Groceries echo the gap at $297 vs $234 per month, with Cayo Coco cheaper across the board.

Good to know
🇨🇴 Medellin
🇨🇺 Cayo Coco
🕒 Local time
06:09 6:09 AM
06:09 6:09 AM
Same time as Medellin
🌤 Weather
👥 Population
2,486,723
💱 Currency
Exchange rates and currency converter

CUP, USD, EUR to COP – Colombian Peso Converter

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

Cuban Peso exchange rates as of November 2, 2026: 1 USD = 24 CUP (100 CUP = 4.17 USD). 1 EUR = 26.78 CUP (100 CUP = 3.73 EUR).

On the map
Between locations
  • Medellin Cayo Coco 1,830 km ≈ 2 h 45 min nonstop flight
From you
  • Medellin
  • Cayo Coco

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 Cayo Coco: Cost of Living - Frequently Asked Questions
Which city is more expensive, Medellin or Cayo Coco?
Cayo Coco wins on cost – living expenses run 25% lower than in Medellin. Housing and daily spending are where you’ll feel the difference most, making Cayo Coco the obvious pick if budget is a priority.
Are salaries higher in Medellin or in Cayo Coco?
Average pay in Medellin is about 34 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How much does a 1-bedroom apartment cost in Medellin compared to Cayo Coco?
Rent for a central apartment: $1,208 in Medellin versus $404 in Cayo Coco. Housing is usually the single largest factor when comparing overall living costs between the two.
How expensive is transport in Medellin compared to Cayo Coco?
A monthly transit pass in Cayo Coco runs roughly 74% less than in Medellin. The price difference matters if you commute daily and watch your budget.
How do childcare costs compare in Medellin and in Cayo Coco?
Childcare runs $797 in Medellin versus $89 in Cayo Coco. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Can you live on $1,000/month in Medellin or in Cayo Coco?
Both cities are expensive relative to $1,000. Cayo Coco is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.
Which city offers a better quality of life: Medellin or Cayo Coco?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.
Which city is more affordable for expats?
Expats usually find Cayo Coco gentler on the wallet – expenses run 25% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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