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: $1,031 in Medellin versus $628 in Coro.

Estimated couple costs with rent: $1,599 in Medellin versus $1,018 in Coro.

Monthly costs for a family of three with rent: $2,167 in Medellin versus $1,407 in Coro.

Living in Medellin is roughly 64% more expensive than in Coro, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 23% lower, Coro 53% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$3.05 VES 2,239

101.97%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$9.84 VES 7,232

-25.41%

Cappuccino

$1.72 COP 5,599

$3.02 VES 2,218

-43.05%

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

$1.05 COP 3,420

$0.88 VES 643

19.32%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.47 VES 347

63.83%

Local Beer (0.5 liter draught)

$1.69 COP 5,487

$1.18 VES 865

43.22%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

Milk (1 liter)

$1.05 COP 3,423

$2.43 VES 1,787

-56.79%

White Bread (500g)

$1.30 COP 4,236

$1.33 VES 975

-2.26%

Rice (white) (1kg)

$1.40 COP 4,544

$2.14 VES 1,572

-34.58%

Eggs

$2.16 COP 7,046

$1.97 VES 1,447

9.64%

Local Cheese (1kg)

$4.39 COP 14.3K

$6.37 VES 4,681

-31.08%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$6.84 VES 5,024

-14.04%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$7.16 VES 5,262

20.67%

Apples (1kg)

$2.28 COP 7,425

$4.17 VES 3,063

-45.32%

Banana (1kg)

$1.11 COP 3,603

$1.48 VES 1,088

-25.00%

Oranges (1kg)

$1.53 COP 4,982

$0.63 VES 461

142.86%

Tomato (1kg)

$1.35 COP 4,410

$3.28 VES 2,412

-58.84%

Potato (1kg)

$1.13 COP 3,674

$2.68 VES 1,973

-57.84%

Onion (1kg)

$1.13 COP 3,692

$3.06 VES 2,251

-63.07%

Lettuce (1 head)

$0.85 COP 2,753

$0.52 VES 382

63.46%

Water (1.5 liter bottle)

$0.91 COP 2,975

$2.01 VES 1,478

-54.73%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$1.95 VES 1,432

20.00%

Wine (Bottle)

$12.37 COP 40.3K

$15.29 VES 11.2K

-19.10%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.51 VES 1,113

-20.53%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.18 VES 864

111.02%

One-way Ticket (Public Transport)

$0.84 COP 2,727

$0.34 VES 254

147.06%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

$22.05 VES 16.2K

83.99%

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$2.92 VES 2,149

-51.37%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$3.09 VES 2,271

-37.86%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$6.08 VES 4,468

25.99%

Gasoline (1 liter)

$0.99 COP 3,223

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

$18.0K COP 58.7M

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

$26.6K COP 86.7M

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

$80.8 COP 263.1K

$12.59 VES 9,253

541.86%

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

$9.95 COP 32.4K

$10.09 VES 7,414

-1.39%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$41.44 VES 30.5K

-41.65%

Gym Membership (Monthly)

$25.08 COP 81.6K

$20.28 VES 14.9K

23.67%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$11.81 VES 8,681

62.15%

Cinema Ticket

$3.98 COP 13.0K

$1.96 VES 1,443

103.06%

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

$305 COP 993.4K

$35.09 VES 25.8K

769.71%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$24.52 VES 18.0K

137.07%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$55.7 VES 40.9K

-42.14%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$80.8 VES 59.4K

24.60%

Men's Leather Business Shoes

$108 COP 350.8K

$70.1 VES 51.6K

53.64%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$121 VES 89.0K

293.69%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$40.12 VES 29.5K

837.61%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$399 VES 293.0K

111.91%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$177 VES 130.1K

312.71%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$609 VES 447.5K

428.15%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$723 VES 531.2K

89.92%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$132 VES 96.9K

368.12%

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: July 12, 2026

Last update for Coro: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $477 in Medellin and $121 in Coro. Housing cost is often the main lever when comparing two cities.

Medellin pays 368% 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 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 runs 368% 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: $477 in Medellin versus $121 in Coro. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Medellin pay roughly 34% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,031 per month in Medellin versus $628 in Coro – a 64% gap that adds up to real savings over time for anyone picking the cheaper option.

At $628 in Coro versus $1,031 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 $628 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 64% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.