πMonthly costs for one person with rent: $1,017 in Medellin versus $828 in George Town.
πEstimated couple costs with rent: $1,602 in Medellin versus $1,304 in George Town.
πMonthly costs for a family of three with rent: $2,188 in Medellin versus $1,781 in George Town.
πLiving in Medellin is roughly 23% more expensive than George Town, driven mainly by Groceries & Markets.
πBoth cities sit below the global median: Medellin24% lower, George Town38% lower.
Currency
π½ Eating Out
Medellin
George Town
Difference
Meal at Budget Restaurant
$5.95COPΒ 20.8K
$3.13MYRΒ 12.71
90.10%
Three-Course Dinner for Two, Mid-Range
$33.33COPΒ 116.3K
$21.31MYRΒ 86.4
56.41%
Fast Food Meal(McDonalds, etc)
$7.23COPΒ 25.2K
$4.14MYRΒ 16.80
74.64%
Cappuccino
$1.63COPΒ 5,687
$2.58MYRΒ 10.46
-36.82%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.09COPΒ 3,821
$0.77MYRΒ 3.14
41.56%
Water(0.33 liter bottle)
$0.73COPΒ 2,548
$0.33MYRΒ 1.36
121.21%
Local Beer(0.5 liter draught)
$1.74COPΒ 6,065
$4.26MYRΒ 17.26
-59.15%
Imported Beer(0.33 liter bottle)
$3.23COPΒ 11.3K
$4.79MYRΒ 19.42
-32.57%
π Groceries & Markets
Medellin
George Town
Difference
Milk(1 liter)
$1.05COPΒ 3,662
$1.85MYRΒ 7.50
-43.24%
White Bread(500g)
$1.29COPΒ 4,515
$1.12MYRΒ 4.54
15.18%
Rice(white)(1kg)
$1.32COPΒ 4,617
$1.69MYRΒ 6.85
-21.89%
Eggs
$2.27COPΒ 7,927
$2.05MYRΒ 8.32
10.73%
Local Cheese(1kg)
$4.35COPΒ 15.2K
$17.52MYRΒ 71.0
-75.17%
Chicken Fillets(1kg)
$5.88COPΒ 20.5K
$4.95MYRΒ 20.07
18.79%
Beef Round Steak(1kg)
$8.61COPΒ 30.0K
$10.66MYRΒ 43.24
-19.23%
Apples(1kg)
$2.25COPΒ 7,844
$2.82MYRΒ 11.44
-20.21%
Banana(1kg)
$1.07COPΒ 3,733
$1.43MYRΒ 5.82
-25.17%
Oranges(1kg)
$1.52COPΒ 5,322
$2.19MYRΒ 8.87
-30.59%
Tomato(1kg)
$1.42COPΒ 4,964
$1.26MYRΒ 5.12
12.70%
Potato(1kg)
$1.17COPΒ 4,084
$0.89MYRΒ 3.59
31.46%
Onion(1kg)
$1.17COPΒ 4,077
$1.21MYRΒ 4.91
-3.31%
Lettuce(1 head)
$0.89COPΒ 3,096
$0.69MYRΒ 2.78
28.99%
Water(1.5 liter bottle)
$0.90COPΒ 3,146
$0.55MYRΒ 2.25
63.64%
Cigarettes 20 Pack(Marlboro, Camel)
$2.25COPΒ 7,837
$4.02MYRΒ 16.28
-44.03%
Wine(Bottle)
$11.04COPΒ 38.5K
$12.54MYRΒ 50.9
-11.96%
Local Beer(0.5 liter bottle)
$1.14COPΒ 3,977
$2.63MYRΒ 10.68
-56.65%
Imported Beer(0.33 liter bottle)
$2.38COPΒ 8,301
$3.38MYRΒ 13.72
-29.59%
π Getting Around
Medellin
George Town
Difference
One-way Ticket(Public Transport)
$0.84COPΒ 2,916
$0.49MYRΒ 1.97
71.43%
Public Transport Monthly Pass(Regular Price)
$41.95COPΒ 146.4K
$11.56MYRΒ 46.89
262.89%
Taxi Start(Normal Tariff)
$1.41COPΒ 4,912
$1.16MYRΒ 4.72
21.55%
Taxi(Normal Tariff)(1km)
$1.90COPΒ 6,634
$0.44MYRΒ 1.78
331.82%
Taxi 1hour Waiting(Normal Tariff)
$7.75COPΒ 27.0K
$6.61MYRΒ 26.80
17.25%
Gasoline(1 liter)
$1.01COPΒ 3,509
$0.47MYRΒ 1.89
114.89%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6KCOPΒ 61.4M
$33.2KMYRΒ 134.6K
-47.02%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5KCOPΒ 92.5M
$24.7KMYRΒ 100.2K
7.19%
π§Ύ Monthly Utilities & Internet
Medellin
George Town
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$83.7COPΒ 292.1K
$38.53MYRΒ 156
117.18%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$9.45COPΒ 33.0K
$9.93MYRΒ 40.25
-4.83%
Internet(50+ Mbps, Unlimited Data)
$24.11COPΒ 84.1K
$29.52MYRΒ 120
-18.33%
π Sport & Entertainment
Medellin
George Town
Difference
Gym Membership(Monthly)
$25.31COPΒ 88.3K
$38.84MYRΒ 157
-34.84%
Tennis Court(1 Hour on Weekend)
$19.14COPΒ 66.8K
$3.66MYRΒ 14.85
422.95%
Cinema Ticket
$4.10COPΒ 14.3K
$4.06MYRΒ 16.45
0.99%
π§Έ Childcare & Education
Medellin
George Town
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$312COPΒ 1.1M
$150MYRΒ 607
108.54%
International Primary School, 1 Child(Yearly)
$5,993COPΒ 20.9M
$4,580MYRΒ 18.6K
30.84%
ππ Clothing & Footwear
Medellin
George Town
Difference
Jeans(Levis 501 Or Similar)
$58.0COPΒ 202.6K
$50.8MYRΒ 206
14.32%
Summer Dress(H&M, Zara, etc)
$32.56COPΒ 113.6K
$29.05MYRΒ 118
12.08%
Sport Shoes(Adidas, Nike)
$99.6COPΒ 347.7K
$60.5MYRΒ 245
64.55%
Men's Leather Business Shoes
$109COPΒ 378.8K
$52.4MYRΒ 213
107.06%
π Accommodation & Living
Medellin
George Town
Difference
1-bedroom Apartment, City Center(Monthly)
$482COPΒ 1.7M
$370MYRΒ 1,501
30.27%
1-bedroom Apartment, Outside City Center(Monthly)
$379COPΒ 1.3M
$259MYRΒ 1,051
46.46%
3-bedroom Apartment, City Center(Monthly)
$837COPΒ 2.9M
$712MYRΒ 2,887
17.63%
3-bedroom Apartment, Outside City Center(Monthly)
$723COPΒ 2.5M
$498MYRΒ 2,018
45.30%
Buy Apartment in City Center(m2)
$2,840COPΒ 9.9M
-
-
Buy Apartment Outside City Center(m2)
$1,223COPΒ 4.3M
-
-
π΅ Salaries & Financials
Medellin
George Town
Difference
Average Monthly Net Salary(After Tax)
$541COPΒ 1.9M
$1,085MYRΒ 4,400
-50.16%
20-Year Fixed Mortgage Interest Rate(Annual %)
13.43
4.16
222.84%
CityCost data is based on AI and user input β minor inaccuracies may occur.
Last update for Medellin: June 8, 2026
Last update for George Town: June 7, 2026
Cost Breakdown
π A one-bedroom apartment in the center runs $482 in Medellin and $370 in George Town. Housing cost is often the main lever when comparing two cities.
π°George Town pays 101% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
πDining out: $33.00 in Medellin vs $21.00 in George Town. Groceries flip the comparison at $190 vs $251, with Medellin cheaper for home cooking.
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
Is George Town cheaper than Medellin?
George Town is cheaper overall, especially in Clothing & Footwear, Eating Out, Getting Around. The 23% gap adds up to real monthly savings that compound significantly over time.
Where can you earn more: Medellin or George Town?
On paper, George Town earns 101% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
What is the rent difference between Medellin and George Town?
Rent for a central apartment: $482 in Medellin versus $370 in George Town. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper public transport?
A monthly transit pass in George Town runs roughly 263% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.
Which city has cheaper kindergarten?
Childcare runs $312 in Medellin versus $150 in George Town. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Is $1,500 a realistic budget for Medellin or George Town?
At $828 in George Town versus $1,017 in Medellin, a $1,500 budget is realistic in George Town but tight or insufficient in Medellin. The gap between the two cities makes George Town the clear choice for anyone on this budget.
Is Medellin or George Town more family-friendly?
For families, George Town is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Medellin or George Town?
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.
Which city is easier to live in as a foreigner?
Expats usually find George Town gentler on the wallet β expenses run 23% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.