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: $1,013 in Medellin versus $624 in Coro.

Estimated couple costs with rent: $1,602 in Medellin versus $1,027 in Coro.

Monthly costs for a family of three with rent: $2,192 in Medellin versus $1,430 in Coro.

Living in Medellin is roughly 62% more expensive than Coro, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 24% lower, Coro 53% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$3.08 VES 1,722

94.48%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.2K

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$9.87 VES 5,518

-28.17%

Cappuccino

$1.71 COP 6,105

$3.02 VES 1,687

-43.38%

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

$1.10 COP 3,918

$0.87 VES 484

26.44%

Water (0.33 liter bottle)

$0.78 COP 2,776

$0.47 VES 262

65.96%

Local Beer (0.5 liter draught)

$1.68 COP 5,987

$1.19 VES 663

41.18%

Imported Beer (0.33 liter bottle)

$3.07 COP 10.9K

Milk (1 liter)

$1.09 COP 3,899

$2.53 VES 1,412

-56.92%

White Bread (500g)

$1.26 COP 4,500

$1.32 VES 740

-4.55%

Rice (white) (1kg)

$1.38 COP 4,914

$2.13 VES 1,189

-35.21%

Eggs

$2.19 COP 7,813

$2.02 VES 1,127

8.42%

Local Cheese (1kg)

$4.40 COP 15.7K

$6.14 VES 3,432

-28.34%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$7.19 VES 4,019

-21.70%

Beef Round Steak (1kg)

$8.89 COP 31.7K

$7.06 VES 3,947

25.92%

Apples (1kg)

$2.34 COP 8,334

$4.34 VES 2,423

-46.08%

Banana (1kg)

$1.06 COP 3,771

$1.53 VES 856

-30.72%

Oranges (1kg)

$1.50 COP 5,365

$0.63 VES 351

138.10%

Tomato (1kg)

$1.38 COP 4,915

$3.29 VES 1,840

-58.05%

Potato (1kg)

$1.15 COP 4,104

$2.79 VES 1,561

-58.78%

Onion (1kg)

$1.16 COP 4,148

$2.97 VES 1,657

-60.94%

Lettuce (1 head)

$0.89 COP 3,176

$0.48 VES 271

85.42%

Water (1.5 liter bottle)

$0.84 COP 2,992

$1.97 VES 1,104

-57.36%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,131

$2.03 VES 1,133

12.32%

Wine (Bottle)

$10.64 COP 37.9K

$15.11 VES 8,449

-29.58%

Local Beer (0.5 liter bottle)

$1.20 COP 4,276

$1.48 VES 830

-18.92%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,809

$1.23 VES 686

100.81%

One-way Ticket (Public Transport)

$0.86 COP 3,051

$0.34 VES 191

152.94%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.6K

$22.40 VES 12.5K

84.82%

Taxi Start (Normal Tariff)

$1.47 COP 5,255

$3.01 VES 1,683

-51.16%

Taxi (Normal Tariff) (1km)

$1.96 COP 6,997

$3.03 VES 1,693

-35.31%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$6.02 VES 3,364

28.57%

Gasoline (1 liter)

$0.95 COP 3,403

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

$18.1K COP 64.6M

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

$26.5K COP 94.4M

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

$82.3 COP 293.2K

$12.68 VES 7,090

548.66%

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

$9.50 COP 33.9K

$10.19 VES 5,697

-6.77%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.4K

$41.37 VES 23.1K

-41.43%

Gym Membership (Monthly)

$25.89 COP 92.3K

$19.88 VES 11.1K

30.23%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.7K

$12.11 VES 6,771

56.90%

Cinema Ticket

$3.93 COP 14.0K

$2.03 VES 1,137

93.60%

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

$309 COP 1.1M

$35.04 VES 19.6K

783.02%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$58.7 COP 209.1K

$25.41 VES 14.2K

130.85%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.3K

$54.0 VES 30.2K

-40.04%

Sport Shoes (Adidas, Nike)

$103 COP 365.7K

$78.9 VES 44.1K

30.12%

Men's Leather Business Shoes

$108 COP 386.5K

$69.5 VES 38.8K

56.06%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$120 VES 67.2K

295.89%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$40.75 VES 22.8K

829.55%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$396 VES 221.6K

111.47%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$178 VES 99.7K

305.79%

Buy Apartment in City Center (m2)

$2,791 COP 9.9M

$590 VES 330.0K

372.73%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$732 VES 409.0K

65.56%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$131 VES 73.2K

290.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: May 31, 2026

Last update for Coro: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $476 in Medellin and $120 in Coro. Housing cost is often the main lever when comparing two cities.

Medellin pays 291% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

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 62% 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.

Medellin pays 291% more on average, 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: $476 in Medellin versus $120 in Coro. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Medellin pay roughly 38% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,013 per month in Medellin versus $624 in Coro – a 62% gap that adds up to real savings over time for anyone picking the cheaper option.

At $624 in Coro versus $1,013 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 $624 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 62% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.