Last update: Nov 2026

Cost of Living Comparison Between Medellin and Corozal

For one person, living is cheaper in Corozal: $298 a month against $1,692 in Medellin, rent and utilities included – about $16,700 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Corozal

🇧🇿 Belize

$298

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Corozal

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

A single person spends $1,692 per month in Medellin vs $298 in Corozal, rent included.

Medellin $1,692
Corozal $298

A couple spends around $2,471 per month in Medellin vs $506 in Corozal, rent included.

Medellin $2,471
Corozal $506

A family of three spends $3,249 per month in Medellin vs $713 in Corozal, rent included.

Medellin $3,249
Corozal $713

Medellin costs about 468% more than Corozal, and outside of rent the biggest gap is in groceries.

Medellin sits 25% above the global median, while Corozal is 78% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.34 COP 27.0K

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

$19.78 BZD 39.56

135.24%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.7K

$5.04 BZD 10.08

87.90%

Cappuccino

$3.13 COP 10.2K

$3.92 BZD 7.85

-20.15%

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

$1.77 COP 5,727

$0.59 BZD 1.19

200.00%

Water (0.33 liter bottle)

$1.42 COP 4,619

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$1.25 BZD 2.51

152.00%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.5K

Milk (1 liter)

$1.53 COP 4,969

$3.79 BZD 7.57

-59.63%

White Bread (500g)

$2.29 COP 7,429

Rice (white) (1kg)

$1.94 COP 6,306

Eggs

$3.07 COP 9,942

$1.95 BZD 3.90

57.44%

Local Cheese (1kg)

$9.99 COP 32.4K

Chicken Fillets (1kg)

$10.45 COP 33.9K

Beef Round Steak (1kg)

$13.96 COP 45.3K

$6.67 BZD 13.33

109.30%

Apples (1kg)

$4.05 COP 13.1K

Banana (1kg)

$1.53 COP 4,956

$2.16 BZD 4.32

-29.17%

Oranges (1kg)

$2.10 COP 6,823

Tomato (1kg)

$2.29 COP 7,437

Potato (1kg)

$2.11 COP 6,839

Onion (1kg)

$1.71 COP 5,542

Lettuce (1 head)

$1.17 COP 3,794

Water (1.5 liter bottle)

$1.58 COP 5,123

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.7K

Wine (Bottle)

$14.04 COP 45.5K

$14.78 BZD 29.57

-5.01%

Local Beer (0.5 liter bottle)

$1.76 COP 5,712

$1.71 BZD 3.42

2.92%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,793

$1.94 BZD 3.88

39.69%

One-way Ticket (Public Transport)

$1.18 COP 3,825

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

Taxi Start (Normal Tariff)

$1.81 COP 5,859

$3.54 BZD 7.07

-48.87%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,904

$2.95 BZD 5.90

-27.80%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

Gasoline (1 liter)

$1.28 COP 4,135

$1.62 BZD 3.24

-20.99%

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

$34.4K COP 111.7M

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

$34.1K COP 110.7M

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

$178 COP 576.3K

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

$13.89 COP 45.0K

$48.86 BZD 97.7

-71.57%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.7K

Gym Membership (Monthly)

$41.94 COP 136.0K

$39.35 BZD 78.7

6.58%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

Cinema Ticket

$7.47 COP 24.2K

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

$790 COP 2.6M

International Primary School, 1 Child (Yearly)

$12.3K COP 39.9M

Jeans (Levis 501 Or Similar)

$86.3 COP 279.9K

Summer Dress (H&M, Zara, etc)

$59.3 COP 192.2K

Sport Shoes (Adidas, Nike)

$138 COP 448.6K

Men's Leather Business Shoes

$98.8 COP 320.4K

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$238 BZD 475

464.18%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

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 Corozal: November 3, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Corozal

–

Groceries & Markets

Medellin

$307 18.2%

Corozal

–

Monthly Utilities & Internet

Medellin

$222 13.1%

Corozal

–

Eating Out

Medellin

$173 10.2%

Corozal

–

Clothing & Footwear

Medellin

$172 10.2%

Corozal

–

Getting Around

Medellin

$93 5.5%

Corozal

–

Sport & Entertainment

Medellin

$57 3.4%

Corozal

–

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $238 in Corozal. 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 $20 in Corozal. Monthly groceries follow the same trend: $307 vs $121 – making Corozal the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇧🇿 Corozal

🕒 Local time

09:17 9:17 AM

08:17 8:17 AM

1 h behind Medellin

🌤 Weather

👥 Population

2,486,723

10,000

💱 Currency

Colombian Peso COP $

Belize Dollar BZD $

📈 Exchange rate

10,000 COP = 3.08 USD

10,000 COP = 2.75 EUR

1 BZD = 0.5 USD

1 BZD = 0.446 EUR

Exchange rates and currency converter

BZD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,242 COP (10,000 COP = 3.08 USD). 1 EUR = 3,635 COP (10,000 COP = 2.75 EUR).

Belize Dollar exchange rates as of November 4, 2026: 1 USD = 2 BZD (1 BZD = 0.5 USD). 1 EUR = 2.24 BZD (1 BZD = 0.446 EUR).

USD to COP in detail →

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Medellin Corozal 1,930 km ≈ 3 h nonstop flight

From you

Medellin
Corozal

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 Corozal: Cost of Living - Frequently Asked Questions

Medellin costs about 468% more than Corozal, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,538 per month in Medellin and $447 in Corozal. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Corozal, especially for central apartments: a one-bedroom in the center costs $238 there versus $1,341 in Medellin.

Monthly expenses with rent come to $1,692 in Medellin and $298 in Corozal. That makes Corozal about 82% cheaper.

Groceries cost about 155% more in Medellin, though the gap depends on what you buy.

A $800 monthly budget goes further in Corozal, where all-in costs run around $298, than in Medellin at $1,692. In Corozal it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $298 in Corozal to $1,692 in Medellin. Climate, culture, job market, and personal taste all factor in.