Last update: Nov 2026

Cost of Living Comparison Between Medellin and Concordia

For one person, living is cheaper in Concordia: $1,260 a month against $1,692 in Medellin, rent and utilities included – about $5,200 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Medellin
Learn more

Medellin Living Index
61

Cost of Living Index in Concordia
Learn more

Concordia Living Index

Jump to prices

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Concordia

🇦🇷 Argentina

$1,260

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Concordia

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

A single person spends $1,692 per month in Medellin vs $1,260 in Concordia, rent included.

Medellin $1,692
Concordia $1,260

A couple spends around $2,471 per month in Medellin vs $2,117 in Concordia, rent included.

Medellin $2,471
Concordia $2,117

A family of three spends $3,249 per month in Medellin vs $2,975 in Concordia, rent included.

Medellin $3,249
Concordia $2,975

Medellin costs about 34% more than Concordia, and outside of rent the biggest gap is in transport.

Medellin sits 25% above the global median, while Concordia is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.34 COP 26.9K

$16.90 ARS 26.1K

-50.65%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.2K

$58.0 ARS 89.6K

-19.76%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$12.74 ARS 19.7K

-25.67%

Cappuccino

$3.13 COP 10.1K

$3.75 ARS 5,794

-16.53%

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

$1.77 COP 5,702

$2.28 ARS 3,517

-22.37%

Water (0.33 liter bottle)

$1.42 COP 4,599

$1.86 ARS 2,879

-23.66%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$3.78 ARS 5,837

-16.67%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$4.00 ARS 6,183

42.50%

Milk (1 liter)

$1.53 COP 4,948

$1.34 ARS 2,078

14.18%

White Bread (500g)

$2.29 COP 7,397

$2.29 ARS 3,532

Rice (white) (1kg)

$1.94 COP 6,279

$1.86 ARS 2,877

4.30%

Eggs

$3.07 COP 9,900

$2.67 ARS 4,129

14.98%

Local Cheese (1kg)

$9.99 COP 32.3K

$11.55 ARS 17.8K

-13.51%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$7.94 ARS 12.3K

31.61%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$11.28 ARS 17.4K

23.76%

Apples (1kg)

$4.05 COP 13.1K

$2.47 ARS 3,809

63.97%

Banana (1kg)

$1.53 COP 4,934

$2.26 ARS 3,493

-32.30%

Oranges (1kg)

$2.10 COP 6,794

$1.54 ARS 2,379

36.36%

Tomato (1kg)

$2.29 COP 7,405

$2.64 ARS 4,083

-13.26%

Potato (1kg)

$2.11 COP 6,810

$1.07 ARS 1,651

97.20%

Onion (1kg)

$1.71 COP 5,518

$0.97 ARS 1,493

76.29%

Lettuce (1 head)

$1.17 COP 3,778

Water (1.5 liter bottle)

$1.58 COP 5,101

$1.47 ARS 2,277

7.48%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$3.31 ARS 5,121

18.13%

Wine (Bottle)

$14.04 COP 45.3K

$5.06 ARS 7,822

177.47%

Local Beer (0.5 liter bottle)

$1.76 COP 5,688

$2.12 ARS 3,279

-16.98%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,756

$3.27 ARS 5,059

-17.13%

One-way Ticket (Public Transport)

$1.18 COP 3,809

$1.02 ARS 1,570

15.69%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.3K

Taxi Start (Normal Tariff)

$1.81 COP 5,833

$1.54 ARS 2,386

17.53%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,874

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

Gasoline (1 liter)

$1.28 COP 4,117

$1.25 ARS 1,925

2.40%

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

$34.4K COP 111.2M

$25.8K ARS 39.9M

33.25%

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

$34.1K COP 110.2M

$32.5K ARS 50.1M

5.16%

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

$178 COP 573.8K

$126 ARS 195.0K

40.81%

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

$13.89 COP 44.8K

$16.74 ARS 25.9K

-17.03%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.2K

$23.71 ARS 36.6K

29.65%

Gym Membership (Monthly)

$41.94 COP 135.4K

$31.32 ARS 48.4K

33.91%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.2K

$21.07 ARS 32.5K

-20.27%

Cinema Ticket

$7.47 COP 24.1K

$9.01 ARS 13.9K

-17.09%

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

$790 COP 2.6M

$237 ARS 365.4K

234.07%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$4,237 ARS 6.5M

190.22%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.7K

$111 ARS 172.0K

-22.45%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.3K

$84.0 ARS 129.8K

-29.47%

Sport Shoes (Adidas, Nike)

$138 COP 446.6K

$112 ARS 172.5K

23.89%

Men's Leather Business Shoes

$98.8 COP 319.0K

$115 ARS 178.2K

-14.34%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$518 ARS 800.6K

158.79%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$328 ARS 507.4K

103.15%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$1,082 ARS 1.7M

82.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$819 ARS 1.3M

26.12%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$1,286 ARS 2.0M

50.84%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Medellin: November 2, 2026

Last update for Concordia: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Concordia

$328 26.1% 50.8% $339

Groceries & Markets

Medellin

$307 18.2%

Concordia

$258 * 20.5% 16.1% $49

Monthly Utilities & Internet

Medellin

$222 13.1%

Concordia

$167 13.2% 25% $56

Eating Out

Medellin

$173 10.2%

Concordia

$262 20.8% 51.7% $89

Clothing & Footwear

Medellin

$172 10.2%

Concordia

$190 15.1% 10.3% $18

Getting Around

Medellin

$93 5.5%

Concordia

$5.6 * 0.5% 94% $88

Sport & Entertainment

Medellin

$57 3.4%

Concordia

$49 3.9% 13.3% $7.5

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

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $518 in Concordia. 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 $47 in Medellin versus $58 in Concordia. Groceries tell a different story – $307 in Medellin vs $258 in Concordia – so Concordia wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Medellin

🇦🇷 Concordia

🕒 Local time

19:40 7:40 PM

21:40 9:40 PM

2 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

149,450

💱 Currency

Colombian Peso COP $

Argentine Peso ARS $

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.77 EUR

10,000 ARS = 6.47 USD

10,000 ARS = 5.79 EUR

Exchange rates and currency converter

ARS, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,610 COP (10,000 COP = 2.77 EUR).

Argentine Peso exchange rates as of November 4, 2026: 1 USD = 1,545 ARS (10,000 ARS = 6.47 USD). 1 EUR = 1,728 ARS (10,000 ARS = 5.79 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Concordia 4,590 km ≈ 6 h nonstop flight

From you

Medellin
Concordia

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 Concordia: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,692 in Medellin, $1,260 in Concordia – Concordia comes out roughly 26% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $2,538 per month in Medellin and $1,890 in Concordia. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Concordia, especially for central apartments: a one-bedroom in the center costs $518 there versus $1,341 in Medellin.

Monthly expenses with rent come to $1,692 in Medellin and $1,260 in Concordia. That makes Concordia about 26% cheaper.

Kindergarten costs $790 per month in Medellin and $237 in Concordia. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,000 covers both cities comfortably – all-in costs are $1,692 in Medellin and $1,260 in Concordia, leaving budget for savings and extras in both cases.

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