Cost of Living Comparison Between Medellin and George Town Cost of Living Comparison Between Medellin and George Town

Monthly Cost of Living

Monthly costs for one person with rent: $1,034 in Medellin versus $4,601 in George Town.

Estimated couple costs with rent: $1,577 in Medellin versus $6,910 in George Town.

Monthly costs for a family of three with rent: $2,120 in Medellin versus $9,219 in George Town.

Living in Medellin costs roughly 78% less than in George Town, driven mainly by Groceries & Markets.

The two cities straddle the global median: Medellin is 23% below, George Town is 244% above.

Currency
🍽 Eating Out
Medellin
George Town
Difference
Meal at Budget Restaurant
$5.92 COPΒ 21.5K
$30.48 KYDΒ 25.39
-80.58%
Three-Course Dinner for Two, Mid-Range
$32.75 COPΒ 119.1K
$144 KYDΒ 120
-77.27%
Fast Food Meal (McDonalds, etc)
$7.20 COPΒ 26.2K
$15.94 KYDΒ 13.28
-54.83%
Cappuccino
$1.70 COPΒ 6,186
$6.76 KYDΒ 5.63
-74.85%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,996
$3.47 KYDΒ 2.89
-68.30%
Water (0.33 liter bottle)
$0.72 COPΒ 2,625
$2.72 KYDΒ 2.26
-73.53%
Local Beer (0.5 liter draught)
$1.67 COPΒ 6,067
$9.24 KYDΒ 7.70
-81.93%
Imported Beer (0.33 liter bottle)
$3.10 COPΒ 11.3K
$8.30 KYDΒ 6.92
-62.65%
πŸ›’ Groceries & Markets
Medellin
George Town
Difference
Milk (1 liter)
$1.06 COPΒ 3,837
$2.99 KYDΒ 2.49
-64.55%
White Bread (500g)
$1.25 COPΒ 4,531
$5.50 KYDΒ 4.58
-77.27%
Rice (white) (1kg)
$1.39 COPΒ 5,060
$5.73 KYDΒ 4.77
-75.74%
Eggs
$2.26 COPΒ 8,229
$9.69 KYDΒ 8.07
-76.68%
Local Cheese (1kg)
$4.33 COPΒ 15.8K
$11.88 KYDΒ 9.90
-63.55%
Chicken Fillets (1kg)
$5.84 COPΒ 21.2K
$15.85 KYDΒ 13.20
-63.15%
Beef Round Steak (1kg)
$8.83 COPΒ 32.1K
$16.72 KYDΒ 13.93
-47.19%
Apples (1kg)
$2.24 COPΒ 8,159
$10.44 KYDΒ 8.70
-78.54%
Banana (1kg)
$1.08 COPΒ 3,911
$4.64 KYDΒ 3.87
-76.72%
Oranges (1kg)
$1.53 COPΒ 5,563
$7.72 KYDΒ 6.43
-80.18%
Tomato (1kg)
$1.37 COPΒ 4,987
$7.85 KYDΒ 6.54
-82.55%
Potato (1kg)
$1.13 COPΒ 4,109
$5.19 KYDΒ 4.32
-78.23%
Onion (1kg)
$1.12 COPΒ 4,067
$5.71 KYDΒ 4.75
-80.39%
Lettuce (1 head)
$0.85 COPΒ 3,080
$6.23 KYDΒ 5.19
-86.36%
Water (1.5 liter bottle)
$0.91 COPΒ 3,305
$2.92 KYDΒ 2.44
-68.84%
Cigarettes 20 Pack (Marlboro, Camel)
$2.33 COPΒ 8,477
$14.51 KYDΒ 12.09
-83.94%
Wine (Bottle)
$11.13 COPΒ 40.5K
$25.57 KYDΒ 21.30
-56.47%
Local Beer (0.5 liter bottle)
$1.19 COPΒ 4,342
$3.90 KYDΒ 3.25
-69.49%
Imported Beer (0.33 liter bottle)
$2.37 COPΒ 8,617
$5.20 KYDΒ 4.33
-54.42%
🚌 Getting Around
Medellin
George Town
Difference
One-way Ticket (Public Transport)
$0.79 COPΒ 2,859
$2.39 KYDΒ 1.99
-66.95%
Public Transport Monthly Pass (Regular Price)
$41.13 COPΒ 149.6K
$30.22 KYDΒ 25.17
36.10%
Taxi Start (Normal Tariff)
$1.44 COPΒ 5,223
$18.02 KYDΒ 15.01
-92.01%
Taxi (Normal Tariff) (1km)
$1.91 COPΒ 6,952
$4.88 KYDΒ 4.06
-60.86%
Taxi 1hour Waiting (Normal Tariff)
$8.02 COPΒ 29.2K
$60.1 KYDΒ 50.0
-86.65%
Gasoline (1 liter)
$0.94 COPΒ 3,410
$1.70 KYDΒ 1.42
-44.71%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.9K COPΒ 65.2M
$39.4K KYDΒ 32.8K
-54.54%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.8K COPΒ 97.4M
$34.0K KYDΒ 28.3K
-21.17%
🧾 Monthly Utilities & Internet
Medellin
George Town
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.0 COPΒ 305.4K
$388 KYDΒ 323
-78.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.60 COPΒ 34.9K
$97.7 KYDΒ 81.4
-90.17%
Internet (50+ Mbps, Unlimited Data)
$24.16 COPΒ 87.9K
$111 KYDΒ 92.2
-78.18%
πŸŽ‰ Sport & Entertainment
Medellin
George Town
Difference
Gym Membership (Monthly)
$25.88 COPΒ 94.1K
$107 KYDΒ 88.9
-75.75%
Tennis Court (1 Hour on Weekend)
$19.04 COPΒ 69.3K
$40.78 KYDΒ 33.97
-53.31%
Cinema Ticket
$3.92 COPΒ 14.2K
$18.19 KYDΒ 15.16
-78.45%
🧸 Childcare & Education
Medellin
George Town
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$306 COPΒ 1.1M
$1,739 KYDΒ 1,449
-82.39%
International Primary School, 1 Child (Yearly)
$5,919 COPΒ 21.5M
$24.6K KYDΒ 20.5K
-75.97%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
George Town
Difference
Jeans (Levis 501 Or Similar)
$57.9 COPΒ 210.6K
$91.0 KYDΒ 75.8
-36.38%
Summer Dress (H&M, Zara, etc)
$31.82 COPΒ 115.7K
$70.5 KYDΒ 58.7
-54.85%
Sport Shoes (Adidas, Nike)
$99.9 COPΒ 363.3K
$148 KYDΒ 123
-32.55%
Men's Leather Business Shoes
$107 COPΒ 389.7K
$147 KYDΒ 122
-26.95%
🏠 Accommodation & Living
Medellin
George Town
Difference
1-bedroom Apartment, City Center (Monthly)
$487 COPΒ 1.8M
$2,864 KYDΒ 2,386
-83.01%
1-bedroom Apartment, Outside City Center (Monthly)
$368 COPΒ 1.3M
$2,492 KYDΒ 2,076
-85.23%
3-bedroom Apartment, City Center (Monthly)
$826 COPΒ 3.0M
$5,639 KYDΒ 4,697
-85.36%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COPΒ 2.6M
$4,569 KYDΒ 3,806
-84.33%
Buy Apartment in City Center (m2)
$2,925 COPΒ 10.6M
$8,684 KYDΒ 7,234
-66.32%
Buy Apartment Outside City Center (m2)
$1,407 COPΒ 5.1M
$2,231 KYDΒ 1,859
-36.95%
πŸ’΅ Salaries & Financials
Medellin
George Town
Difference
Average Monthly Net Salary (After Tax)
$546 COPΒ 2.0M
$7,838 KYDΒ 6,529
-93.04%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
8.25
62.79%

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

Last update for Medellin: April 27, 2026

Last update for George Town: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Medellin and $2,864 in George Town. Housing cost is often the main lever when comparing two cities.

George Town pays 1337% 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: $33.00 in Medellin vs $144 in George Town for a mid-range dinner for two. Groceries echo the gap at $190 vs $630 per month, with Medellin 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 George Town: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Medellin and George Town?
Medellin and George Town differ by about 345% in total monthly costs ($1,034 vs $4,601 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, George Town earns 1337% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Medellin and George Town?
Rent for a central apartment: $487 in Medellin versus $2,864 in George Town. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city is more expensive overall: Medellin or George Town?
All in, you'll spend $1,034 per month in Medellin versus $4,601 in George Town – a 345% gap that adds up to real savings over time for anyone picking the cheaper option.
How do commuting costs compare in Medellin and George Town?
A monthly transit pass in Medellin runs roughly 36% less than in George Town. Both cities have functional networks, but the price difference matters if you're watching your budget.
Which city is more doable on $1,500 per month?
At $1,034 in Medellin versus $4,601 in George Town, a $1,500 budget is realistic in Medellin but tight or insufficient in George Town. The gap between the two cities makes Medellin the clear choice for anyone on this budget.
How does quality of life compare between Medellin and George Town?
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.
Is Medellin or George Town safer for residents?
Safety-wise, Medellin and George Town are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Where should expats move: Medellin or George Town?
Expats usually find Medellin gentler on the wallet – expenses run 345% less than in George Town. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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