Cost of Living Comparison Between Medellin and Coro Cost of Living Comparison Between Medellin and Coro

Monthly Cost of Living

Monthly costs for one person with rent: $1,681 in Medellin versus $623 in Coro.

Estimated couple costs with rent: $2,445 in Medellin versus $1,092 in Coro.

Monthly costs for a family of three with rent: $3,210 in Medellin versus $1,561 in Coro.

Living in Medellin is roughly 170% more expensive than in Coro, driven mainly by Clothing & Footwear.

The two cities straddle the global median: Medellin is 23% above, Coro is 54% below.

Meal at Budget Restaurant

$8.02 COP 25.0K

$6.40 VES 5,404

25.31%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 149.4K

$30.14 VES 25.4K

58.83%

Fast Food Meal (McDonalds, etc)

$9.89 COP 30.8K

$10.12 VES 8,544

-2.27%

Cappuccino

$3.13 COP 9,767

$2.73 VES 2,304

14.65%

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

$1.91 COP 5,954

$1.42 VES 1,201

34.51%

Water (0.33 liter bottle)

$1.51 COP 4,712

$0.93 VES 782

62.37%

Local Beer (0.5 liter draught)

$3.12 COP 9,747

$1.20 VES 1,017

160.00%

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

Milk (1 liter)

$1.44 COP 4,509

$1.87 VES 1,577

-22.99%

White Bread (500g)

$2.49 COP 7,759

$1.32 VES 1,113

88.64%

Rice (white) (1kg)

$1.77 COP 5,535

$2.15 VES 1,816

-17.67%

Eggs

$2.96 COP 9,235

$1.75 VES 1,479

69.14%

Local Cheese (1kg)

$10.07 COP 31.4K

$6.17 VES 5,210

63.21%

Chicken Fillets (1kg)

$10.12 COP 31.6K

$7.16 VES 6,048

41.34%

Beef Round Steak (1kg)

$14.30 COP 44.6K

$6.97 VES 5,888

105.16%

Apples (1kg)

$4.14 COP 12.9K

$4.27 VES 3,606

-3.04%

Banana (1kg)

$1.61 COP 5,019

$1.54 VES 1,305

4.55%

Oranges (1kg)

$2.25 COP 7,007

$0.61 VES 518

268.85%

Tomato (1kg)

$2.25 COP 7,028

$3.18 VES 2,685

-29.25%

Potato (1kg)

$2.04 COP 6,375

$2.82 VES 2,380

-27.66%

Onion (1kg)

$1.54 COP 4,790

$3.03 VES 2,557

-49.17%

Lettuce (1 head)

$1.17 COP 3,651

$0.48 VES 408

143.75%

Water (1.5 liter bottle)

$1.31 COP 4,077

$1.94 VES 1,639

-32.47%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$2.04 VES 1,725

91.18%

Wine (Bottle)

$14.01 COP 43.7K

$15.24 VES 12.9K

-8.07%

Local Beer (0.5 liter bottle)

$1.74 COP 5,439

$1.51 VES 1,275

15.23%

Imported Beer (0.33 liter bottle)

$2.87 COP 8,956

$1.19 VES 1,004

141.18%

One-way Ticket (Public Transport)

$1.22 COP 3,792

$0.31 VES 266

293.55%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

$22.34 VES 18.9K

260.25%

Taxi Start (Normal Tariff)

$1.31 COP 4,084

$3.02 VES 2,553

-56.62%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

$3.09 VES 2,606

-29.13%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

$6.13 VES 5,178

42.09%

Gasoline (1 liter)

$1.37 COP 4,260

$0.48 VES 406

185.42%

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

$27.8K COP 86.9M

$29.5K VES 24.9M

-5.79%

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

$35.8K COP 111.6M

$45.9K VES 38.7M

-21.98%

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

$177 COP 553.2K

$9.94 VES 8,393

1683.70%

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

$13.88 COP 43.3K

$9.86 VES 8,324

40.77%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 92.8K

$24.81 VES 20.9K

19.79%

Gym Membership (Monthly)

$44.88 COP 140.1K

$10.02 VES 8,460

347.90%

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

$11.83 VES 9,985

44.72%

Cinema Ticket

$6.65 COP 20.7K

$2.03 VES 1,718

227.59%

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

$813 COP 2.5M

$34.34 VES 29.0K

2267.27%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

$24.70 VES 20.9K

262.31%

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

$54.3 VES 45.9K

8.58%

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

$80.4 VES 67.9K

71.89%

Men's Leather Business Shoes

$102 COP 318.7K

$68.8 VES 58.1K

48.47%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

$120 VES 101.4K

783.95%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$40.10 VES 33.9K

1553.19%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 5.9M

$405 VES 341.9K

366.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

$177 VES 149.8K

479.09%

Buy Apartment in City Center (m2)

$4,183 COP 13.1M

$610 VES 515.3K

585.44%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.2M

$718 VES 606.7K

133.09%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

$135 VES 114.0K

402.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-45.30%

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

Last update for Medellin: September 14, 2026

Last update for Coro: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,062 in Medellin and $120 in Coro. Housing cost is often the main lever when comparing two cities.

Medellin pays 402% 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: $48.00 in Medellin vs $30.00 in Coro for a mid-range dinner for two. Groceries echo the gap at $305 vs $252 per month, with Coro 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 Coro: Cost of Living - Frequently Asked Questions

Coro wins on cost – living expenses run 170% lower than in Medellin. Housing and daily spending are where you'll feel the difference most, making Coro the obvious pick if budget is a priority.

Average pay runs 402% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,062 in Medellin versus $120 in Coro. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,681 per month in Medellin versus $623 in Coro – a 170% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Coro runs roughly 260% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $623 in Coro versus $1,681 in Medellin, a $1,000 budget is realistic in Coro but tight or insufficient in Medellin. The gap between the two cities makes Coro the clear choice for anyone on this budget.

Both work as nomad bases, but Coro delivers better value – similar infrastructure at $623 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Coro hard to pass up.

Expats usually find Coro gentler on the wallet – expenses run 170% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.