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 $843 in George Town.

Estimated couple costs with rent: $1,577 in Medellin versus $1,306 in George Town.

Monthly costs for a family of three with rent: $2,120 in Medellin versus $1,769 in George Town.

Living in Medellin is roughly 23% more expensive than George Town, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 23% lower, George Town 37% lower.

Currency
🍽 Eating Out
Medellin
George Town
Difference
Meal at Budget Restaurant
$5.92 COPΒ 21.4K
$3.02 MYRΒ 11.93
96.03%
Three-Course Dinner for Two, Mid-Range
$32.75 COPΒ 118.2K
$21.35 MYRΒ 84.3
53.40%
Fast Food Meal (McDonalds, etc)
$7.20 COPΒ 26.0K
$4.27 MYRΒ 16.86
68.62%
Cappuccino
$1.70 COPΒ 6,140
$2.62 MYRΒ 10.35
-35.11%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,966
$0.77 MYRΒ 3.03
42.86%
Water (0.33 liter bottle)
$0.72 COPΒ 2,605
$0.36 MYRΒ 1.44
100.00%
Local Beer (0.5 liter draught)
$1.67 COPΒ 6,022
$4.36 MYRΒ 17.20
-61.70%
Imported Beer (0.33 liter bottle)
$3.10 COPΒ 11.2K
$4.68 MYRΒ 18.49
-33.76%
πŸ›’ Groceries & Markets
Medellin
George Town
Difference
Milk (1 liter)
$1.06 COPΒ 3,809
$1.82 MYRΒ 7.21
-41.76%
White Bread (500g)
$1.25 COPΒ 4,497
$1.12 MYRΒ 4.43
11.61%
Rice (white) (1kg)
$1.39 COPΒ 5,022
$1.67 MYRΒ 6.60
-16.77%
Eggs
$2.26 COPΒ 8,168
$2.10 MYRΒ 8.31
7.62%
Local Cheese (1kg)
$4.33 COPΒ 15.6K
$17.50 MYRΒ 69.1
-75.26%
Chicken Fillets (1kg)
$5.84 COPΒ 21.1K
$4.97 MYRΒ 19.65
17.51%
Beef Round Steak (1kg)
$8.83 COPΒ 31.9K
$10.47 MYRΒ 41.35
-15.66%
Apples (1kg)
$2.24 COPΒ 8,099
$2.86 MYRΒ 11.30
-21.68%
Banana (1kg)
$1.08 COPΒ 3,882
$1.40 MYRΒ 5.53
-22.86%
Oranges (1kg)
$1.53 COPΒ 5,522
$2.25 MYRΒ 8.90
-32.00%
Tomato (1kg)
$1.37 COPΒ 4,950
$1.28 MYRΒ 5.04
7.03%
Potato (1kg)
$1.13 COPΒ 4,078
$0.87 MYRΒ 3.44
29.89%
Onion (1kg)
$1.12 COPΒ 4,036
$1.16 MYRΒ 4.57
-3.45%
Lettuce (1 head)
$0.85 COPΒ 3,057
$0.70 MYRΒ 2.76
21.43%
Water (1.5 liter bottle)
$0.91 COPΒ 3,281
$0.52 MYRΒ 2.04
75.00%
Cigarettes 20 Pack (Marlboro, Camel)
$2.33 COPΒ 8,414
$4.18 MYRΒ 16.51
-44.26%
Wine (Bottle)
$11.13 COPΒ 40.2K
$12.70 MYRΒ 50.2
-12.36%
Local Beer (0.5 liter bottle)
$1.19 COPΒ 4,309
$2.64 MYRΒ 10.45
-54.92%
Imported Beer (0.33 liter bottle)
$2.37 COPΒ 8,553
$3.36 MYRΒ 13.29
-29.46%
🚌 Getting Around
Medellin
George Town
Difference
One-way Ticket (Public Transport)
$0.79 COPΒ 2,838
$0.49 MYRΒ 1.93
61.22%
Public Transport Monthly Pass (Regular Price)
$41.13 COPΒ 148.5K
$11.80 MYRΒ 46.62
248.56%
Taxi Start (Normal Tariff)
$1.44 COPΒ 5,184
$1.16 MYRΒ 4.59
24.14%
Taxi (Normal Tariff) (1km)
$1.91 COPΒ 6,901
$0.44 MYRΒ 1.73
334.09%
Taxi 1hour Waiting (Normal Tariff)
$8.02 COPΒ 28.9K
$6.39 MYRΒ 25.26
25.51%
Gasoline (1 liter)
$0.94 COPΒ 3,385
$0.49 MYRΒ 1.94
91.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.9K COPΒ 64.7M
$34.1K MYRΒ 134.6K
-47.39%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.8K COPΒ 96.7M
$25.0K MYRΒ 98.7K
7.20%
🧾 Monthly Utilities & Internet
Medellin
George Town
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.0 COPΒ 303.1K
$38.18 MYRΒ 151
119.91%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.60 COPΒ 34.7K
$9.68 MYRΒ 38.23
-0.83%
Internet (50+ Mbps, Unlimited Data)
$24.16 COPΒ 87.2K
$28.98 MYRΒ 114
-16.63%
πŸŽ‰ Sport & Entertainment
Medellin
George Town
Difference
Gym Membership (Monthly)
$25.88 COPΒ 93.4K
$38.37 MYRΒ 152
-32.55%
Tennis Court (1 Hour on Weekend)
$19.04 COPΒ 68.7K
$3.78 MYRΒ 14.94
403.70%
Cinema Ticket
$3.92 COPΒ 14.1K
$4.13 MYRΒ 16.30
-5.08%
🧸 Childcare & Education
Medellin
George Town
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$306 COPΒ 1.1M
$146 MYRΒ 578
109.31%
International Primary School, 1 Child (Yearly)
$5,919 COPΒ 21.4M
$4,643 MYRΒ 18.3K
27.46%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
George Town
Difference
Jeans (Levis 501 Or Similar)
$57.9 COPΒ 209.1K
$52.5 MYRΒ 207
10.35%
Summer Dress (H&M, Zara, etc)
$31.82 COPΒ 114.9K
$28.61 MYRΒ 113
11.22%
Sport Shoes (Adidas, Nike)
$99.9 COPΒ 360.6K
$62.5 MYRΒ 247
59.84%
Men's Leather Business Shoes
$107 COPΒ 386.8K
$52.1 MYRΒ 206
105.76%
🏠 Accommodation & Living
Medellin
George Town
Difference
1-bedroom Apartment, City Center (Monthly)
$487 COPΒ 1.8M
$371 MYRΒ 1,465
31.23%
1-bedroom Apartment, Outside City Center (Monthly)
$368 COPΒ 1.3M
$253 MYRΒ 999
45.55%
3-bedroom Apartment, City Center (Monthly)
$826 COPΒ 3.0M
$709 MYRΒ 2,799
16.50%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COPΒ 2.6M
$498 MYRΒ 1,969
43.68%
Buy Apartment in City Center (m2)
$2,925 COPΒ 10.6M
-
-
Buy Apartment Outside City Center (m2)
$1,407 COPΒ 5.1M
-
-
πŸ’΅ Salaries & Financials
Medellin
George Town
Difference
Average Monthly Net Salary (After Tax)
$546 COPΒ 2.0M
$1,112 MYRΒ 4,393
-50.96%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
4.16
222.84%

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 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Medellin and $371 in George Town. Housing cost is often the main lever when comparing two cities.

George Town pays 104% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining 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 104% 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: $487 in Medellin versus $371 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 249% 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 $306 in Medellin versus $146 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 $843 in George Town versus $1,034 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 – expenses run 23% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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