Last update: Oct 2026

Cost of Living Comparison Between Medellin and Coro

For one person, living is cheaper in Coro: $584 a month against $1,639 in Medellin, rent and utilities included – about $12,700 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
28

Cost of Living Index in Coro
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Coro Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Coro

🇻🇪 Venezuela

$584

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Coro

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

Monthly costs for one person with rent: $1,639 in Medellin versus $584 in Coro.

Medellin $1,639
Coro $584

Estimated couple costs with rent: $2,413 in Medellin versus $1,032 in Coro.

Medellin $2,413
Coro $1,032

Monthly costs for a family of three with rent: $3,186 in Medellin versus $1,480 in Coro.

Medellin $3,186
Coro $1,480

Living in Medellin is roughly 181% more expensive than in Coro, and outside of rent the biggest gap is in clothing.

The two cities straddle the global median: Medellin is 20% above, Coro is 57% below.

Meal at Budget Restaurant

$8.09 COP 26.1K

$6.04 VES 5,362

33.94%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$30.12 VES 26.7K

56.21%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$9.82 VES 8,713

-3.26%

Cappuccino

$3.01 COP 9,734

$2.72 VES 2,413

10.66%

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

$1.80 COP 5,809

$1.48 VES 1,314

21.62%

Water (0.33 liter bottle)

$1.41 COP 4,560

$1.00 VES 885

41.00%

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

$1.22 VES 1,078

160.66%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$3.01 VES 2,674

91.03%

Milk (1 liter)

$1.51 COP 4,875

$1.87 VES 1,662

-19.25%

White Bread (500g)

$2.38 COP 7,677

$1.27 VES 1,123

87.40%

Rice (white) (1kg)

$1.77 COP 5,719

$1.33 VES 1,184

33.08%

Eggs

$2.89 COP 9,332

$1.85 VES 1,644

56.22%

Local Cheese (1kg)

$10.19 COP 32.9K

$6.23 VES 5,526

63.56%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$7.06 VES 6,267

39.80%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$6.82 VES 6,051

105.13%

Apples (1kg)

$3.97 COP 12.8K

$4.15 VES 3,682

-4.34%

Banana (1kg)

$1.55 COP 5,011

$1.48 VES 1,316

4.73%

Oranges (1kg)

$2.18 COP 7,047

$0.62 VES 551

251.61%

Tomato (1kg)

$2.18 COP 7,050

$2.42 VES 2,151

-9.92%

Potato (1kg)

$1.96 COP 6,336

$2.80 VES 2,483

-30.00%

Onion (1kg)

$1.59 COP 5,131

$2.01 VES 1,786

-20.90%

Lettuce (1 head)

$1.15 COP 3,698

$0.52 VES 462

121.15%

Water (1.5 liter bottle)

$1.24 COP 4,014

$1.81 VES 1,609

-31.49%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$1.97 VES 1,752

101.02%

Wine (Bottle)

$13.68 COP 44.2K

$10.17 VES 9,021

34.51%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$1.38 VES 1,227

20.29%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,290

$1.19 VES 1,053

89.92%

One-way Ticket (Public Transport)

$1.17 COP 3,770

$0.34 VES 304

244.12%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

$21.83 VES 19.4K

254.42%

Taxi Start (Normal Tariff)

$1.27 COP 4,094

$3.06 VES 2,711

-58.50%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,611

$2.04 VES 1,808

0.49%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$6.10 VES 5,413

40.16%

Gasoline (1 liter)

$1.35 COP 4,348

$0.48 VES 427

181.25%

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

$34.1K COP 110.0M

$29.7K VES 26.4M

14.58%

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

$34.7K COP 111.9M

$40.7K VES 36.1M

-14.84%

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

$170 COP 547.7K

$9.85 VES 8,742

1622.34%

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

$13.55 COP 43.7K

$8.94 VES 7,933

51.57%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$24.96 VES 22.2K

12.46%

Gym Membership (Monthly)

$43.70 COP 141.1K

$10.03 VES 8,898

335.69%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

$12.11 VES 10.7K

41.95%

Cinema Ticket

$6.91 COP 22.3K

$2.02 VES 1,792

242.08%

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

$797 COP 2.6M

$35.19 VES 31.2K

2163.80%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$2,961 VES 2.6M

207.73%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

$24.93 VES 22.1K

239.83%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.1K

$46.08 VES 40.9K

25.78%

Sport Shoes (Adidas, Nike)

$135 COP 435.7K

$79.8 VES 70.8K

69.08%

Men's Leather Business Shoes

$97.9 COP 316.0K

$46.81 VES 41.5K

109.08%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$120 VES 106.7K

904.52%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$39.33 VES 34.9K

1531.17%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$397 VES 352.2K

410.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$183 VES 162.1K

453.75%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

$602 VES 534.4K

592.48%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$722 VES 640.7K

164.59%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$135 VES 119.6K

387.38%

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: October 25, 2026

Last update for Coro: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Coro

$39 6.7% 93.9% $602

Groceries & Markets

Medellin

$297 18.1%

Coro

$229 39.2% 23% $68

Monthly Utilities & Internet

Medellin

$211 12.9%

Coro

$44 7.5% 79.3% $168

Eating Out

Medellin

$170 10.4%

Coro

$132 22.7% 21.9% $37

Clothing & Footwear

Medellin

$169 10.3%

Coro

$89 15.2% 47.4% $80

Getting Around

Medellin

$94 5.7%

Coro

$36 6.2% 61% $57

Sport & Entertainment

Medellin

$58 3.5%

Coro

$14 2.4% 75.5% $43

Cost Breakdown

A one-bedroom apartment in the center runs $1,208 in Medellin and $120 in Coro. Housing cost is often the main lever when comparing two cities.

Medellin pays about 4.9 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $47 in Medellin vs $30 in Coro for a mid-range dinner for two. Groceries echo the gap at $297 vs $229 per month, with Coro cheaper across the board.

Good to know

🇨🇴 Medellin

🇻🇪 Coro

🕒 Local time

07:27 7:27 AM

08:27 8:27 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

211,266

💱 Currency

Colombian Peso COP $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1,000 VES = 1.13 USD

1,000 VES = 1.01 EUR

Exchange rates and currency converter

VES, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

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).

Venezuelan Bolívar exchange rates as of November 2, 2026: 1 USD = 887 VES (1,000 VES = 1.13 USD). 1 EUR = 990 VES (1,000 VES = 1.01 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Coro 870 km ≈ 1 h 30 min nonstop flight

From you

Medellin
Coro

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 Coro: Cost of Living - Frequently Asked Questions

Coro wins on cost – living expenses run 64% 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 in Medellin is about 4.9 times higher, 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: $1,208 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 $1,639 per month in Medellin versus $584 in Coro – Coro is about 64% cheaper, which adds up to real savings over time.

A monthly transit pass in Coro runs roughly 72% less than in Medellin. The price difference matters if you commute daily and watch your budget.

At $584 in Coro versus $1,639 in Medellin, a $800 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 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.

Expats usually find Coro gentler on the wallet – expenses run 64% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.