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: $1,017 in Medellin versus $828 in George Town.

Estimated couple costs with rent: $1,602 in Medellin versus $1,304 in George Town.

Monthly costs for a family of three with rent: $2,188 in Medellin versus $1,781 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 24% lower, George Town 38% lower.

Currency
🍽 Eating Out
Medellin
George Town
Difference
Meal at Budget Restaurant
$5.95 COPΒ 20.8K
$3.13 MYRΒ 12.71
90.10%
Three-Course Dinner for Two, Mid-Range
$33.33 COPΒ 116.3K
$21.31 MYRΒ 86.4
56.41%
Fast Food Meal (McDonalds, etc)
$7.23 COPΒ 25.2K
$4.14 MYRΒ 16.80
74.64%
Cappuccino
$1.63 COPΒ 5,687
$2.58 MYRΒ 10.46
-36.82%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.09 COPΒ 3,821
$0.77 MYRΒ 3.14
41.56%
Water (0.33 liter bottle)
$0.73 COPΒ 2,548
$0.33 MYRΒ 1.36
121.21%
Local Beer (0.5 liter draught)
$1.74 COPΒ 6,065
$4.26 MYRΒ 17.26
-59.15%
Imported Beer (0.33 liter bottle)
$3.23 COPΒ 11.3K
$4.79 MYRΒ 19.42
-32.57%
πŸ›’ Groceries & Markets
Medellin
George Town
Difference
Milk (1 liter)
$1.05 COPΒ 3,662
$1.85 MYRΒ 7.50
-43.24%
White Bread (500g)
$1.29 COPΒ 4,515
$1.12 MYRΒ 4.54
15.18%
Rice (white) (1kg)
$1.32 COPΒ 4,617
$1.69 MYRΒ 6.85
-21.89%
Eggs
$2.27 COPΒ 7,927
$2.05 MYRΒ 8.32
10.73%
Local Cheese (1kg)
$4.35 COPΒ 15.2K
$17.52 MYRΒ 71.0
-75.17%
Chicken Fillets (1kg)
$5.88 COPΒ 20.5K
$4.95 MYRΒ 20.07
18.79%
Beef Round Steak (1kg)
$8.61 COPΒ 30.0K
$10.66 MYRΒ 43.24
-19.23%
Apples (1kg)
$2.25 COPΒ 7,844
$2.82 MYRΒ 11.44
-20.21%
Banana (1kg)
$1.07 COPΒ 3,733
$1.43 MYRΒ 5.82
-25.17%
Oranges (1kg)
$1.52 COPΒ 5,322
$2.19 MYRΒ 8.87
-30.59%
Tomato (1kg)
$1.42 COPΒ 4,964
$1.26 MYRΒ 5.12
12.70%
Potato (1kg)
$1.17 COPΒ 4,084
$0.89 MYRΒ 3.59
31.46%
Onion (1kg)
$1.17 COPΒ 4,077
$1.21 MYRΒ 4.91
-3.31%
Lettuce (1 head)
$0.89 COPΒ 3,096
$0.69 MYRΒ 2.78
28.99%
Water (1.5 liter bottle)
$0.90 COPΒ 3,146
$0.55 MYRΒ 2.25
63.64%
Cigarettes 20 Pack (Marlboro, Camel)
$2.25 COPΒ 7,837
$4.02 MYRΒ 16.28
-44.03%
Wine (Bottle)
$11.04 COPΒ 38.5K
$12.54 MYRΒ 50.9
-11.96%
Local Beer (0.5 liter bottle)
$1.14 COPΒ 3,977
$2.63 MYRΒ 10.68
-56.65%
Imported Beer (0.33 liter bottle)
$2.38 COPΒ 8,301
$3.38 MYRΒ 13.72
-29.59%
🚌 Getting Around
Medellin
George Town
Difference
One-way Ticket (Public Transport)
$0.84 COPΒ 2,916
$0.49 MYRΒ 1.97
71.43%
Public Transport Monthly Pass (Regular Price)
$41.95 COPΒ 146.4K
$11.56 MYRΒ 46.89
262.89%
Taxi Start (Normal Tariff)
$1.41 COPΒ 4,912
$1.16 MYRΒ 4.72
21.55%
Taxi (Normal Tariff) (1km)
$1.90 COPΒ 6,634
$0.44 MYRΒ 1.78
331.82%
Taxi 1hour Waiting (Normal Tariff)
$7.75 COPΒ 27.0K
$6.61 MYRΒ 26.80
17.25%
Gasoline (1 liter)
$1.01 COPΒ 3,509
$0.47 MYRΒ 1.89
114.89%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COPΒ 61.4M
$33.2K MYRΒ 134.6K
-47.02%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COPΒ 92.5M
$24.7K MYRΒ 100.2K
7.19%
🧾 Monthly Utilities & Internet
Medellin
George Town
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$83.7 COPΒ 292.1K
$38.53 MYRΒ 156
117.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.45 COPΒ 33.0K
$9.93 MYRΒ 40.25
-4.83%
Internet (50+ Mbps, Unlimited Data)
$24.11 COPΒ 84.1K
$29.52 MYRΒ 120
-18.33%
πŸŽ‰ Sport & Entertainment
Medellin
George Town
Difference
Gym Membership (Monthly)
$25.31 COPΒ 88.3K
$38.84 MYRΒ 157
-34.84%
Tennis Court (1 Hour on Weekend)
$19.14 COPΒ 66.8K
$3.66 MYRΒ 14.85
422.95%
Cinema Ticket
$4.10 COPΒ 14.3K
$4.06 MYRΒ 16.45
0.99%
🧸 Childcare & Education
Medellin
George Town
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$312 COPΒ 1.1M
$150 MYRΒ 607
108.54%
International Primary School, 1 Child (Yearly)
$5,993 COPΒ 20.9M
$4,580 MYRΒ 18.6K
30.84%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
George Town
Difference
Jeans (Levis 501 Or Similar)
$58.0 COPΒ 202.6K
$50.8 MYRΒ 206
14.32%
Summer Dress (H&M, Zara, etc)
$32.56 COPΒ 113.6K
$29.05 MYRΒ 118
12.08%
Sport Shoes (Adidas, Nike)
$99.6 COPΒ 347.7K
$60.5 MYRΒ 245
64.55%
Men's Leather Business Shoes
$109 COPΒ 378.8K
$52.4 MYRΒ 213
107.06%
🏠 Accommodation & Living
Medellin
George Town
Difference
1-bedroom Apartment, City Center (Monthly)
$482 COPΒ 1.7M
$370 MYRΒ 1,501
30.27%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COPΒ 1.3M
$259 MYRΒ 1,051
46.46%
3-bedroom Apartment, City Center (Monthly)
$837 COPΒ 2.9M
$712 MYRΒ 2,887
17.63%
3-bedroom Apartment, Outside City Center (Monthly)
$723 COPΒ 2.5M
$498 MYRΒ 2,018
45.30%
Buy Apartment in City Center (m2)
$2,840 COPΒ 9.9M
-
-
Buy Apartment Outside City Center (m2)
$1,223 COPΒ 4.3M
-
-
πŸ’΅ Salaries & Financials
Medellin
George Town
Difference
Average Monthly Net Salary (After Tax)
$541 COPΒ 1.9M
$1,085 MYRΒ 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 – minor inaccuracies may occur.

Last update for Medellin: June 8, 2026

Last update for George Town: June 7, 2026

Cost Breakdown

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.

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.

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 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 – 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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