Cost of Living Comparison Between Medellin and Georgetown Cost of Living Comparison Between Medellin and Georgetown

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $1,637 in Georgetown, rent included.

A couple spends around $2,527 per month in Medellin vs $2,760 in Georgetown, rent included.

A family of three spends $3,338 per month in Medellin vs $3,884 in Georgetown, rent included.

Medellin costs about 5% more than Georgetown, driven mainly by Groceries & Markets.

Both Medellin and Georgetown sit above the global median – Medellin by 25%, Georgetown by 19%.

Meal at Budget Restaurant

$8.03 COP 25.3K

$17.79 GYD 3,699

-54.86%

Three-Course Dinner for Two, Mid-Range

$48.26 COP 152.0K

$70.6 GYD 14.7K

-31.66%

Fast Food Meal (McDonalds, etc)

$9.77 COP 30.8K

$9.56 GYD 1,988

2.20%

Cappuccino

$2.91 COP 9,167

$5.74 GYD 1,194

-49.30%

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

$1.94 COP 6,122

$1.22 GYD 254

59.02%

Water (0.33 liter bottle)

$1.52 COP 4,792

$0.62 GYD 128

145.16%

Local Beer (0.5 liter draught)

$3.09 COP 9,740

$1.88 GYD 391

64.36%

Imported Beer (0.33 liter bottle)

$5.74 COP 18.1K

$3.43 GYD 713

67.35%

Milk (1 liter)

$1.36 COP 4,296

$3.31 GYD 688

-58.91%

White Bread (500g)

$2.39 COP 7,519

$2.14 GYD 444

11.68%

Rice (white) (1kg)

$1.70 COP 5,356

$2.00 GYD 415

-15.00%

Eggs

$2.87 COP 9,038

$4.18 GYD 869

-31.34%

Local Cheese (1kg)

$9.94 COP 31.3K

$15.60 GYD 3,245

-36.28%

Chicken Fillets (1kg)

$10.78 COP 34.0K

$7.14 GYD 1,485

50.98%

Beef Round Steak (1kg)

$14.73 COP 46.4K

$9.13 GYD 1,899

61.34%

Apples (1kg)

$4.09 COP 12.9K

$8.09 GYD 1,682

-49.44%

Banana (1kg)

$1.57 COP 4,950

$3.94 GYD 820

-60.15%

Oranges (1kg)

$2.13 COP 6,695

$3.95 GYD 821

-46.08%

Tomato (1kg)

$2.21 COP 6,972

$7.00 GYD 1,457

-68.43%

Potato (1kg)

$2.05 COP 6,447

$2.44 GYD 508

-15.98%

Onion (1kg)

$1.50 COP 4,737

$3.10 GYD 645

-51.61%

Lettuce (1 head)

$1.19 COP 3,747

$3.04 GYD 632

-60.86%

Water (1.5 liter bottle)

$1.16 COP 3,647

$1.68 GYD 349

-30.95%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.3K

$3.42 GYD 712

14.04%

Wine (Bottle)

$14.44 COP 45.5K

$16.81 GYD 3,496

-14.10%

Local Beer (0.5 liter bottle)

$1.58 COP 4,987

$1.84 GYD 383

-14.13%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,905

$2.62 GYD 546

8.02%

One-way Ticket (Public Transport)

$1.17 COP 3,679

$0.55 GYD 115

112.73%

Public Transport Monthly Pass (Regular Price)

$77.7 COP 244.8K

$61.0 GYD 12.7K

27.36%

Taxi Start (Normal Tariff)

$1.28 COP 4,045

$4.36 GYD 906

-70.64%

Taxi (Normal Tariff) (1km)

$2.09 COP 6,589

$2.33 GYD 484

-10.30%

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 27.1K

$11.98 GYD 2,491

-28.05%

Gasoline (1 liter)

$1.30 COP 4,088

$1.02 GYD 212

27.45%

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

$27.7K COP 87.1M

$27.6K GYD 5.7M

0.08%

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

$35.5K COP 111.8M

$22.8K GYD 4.7M

55.79%

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

$176 COP 554.5K

$122 GYD 25.4K

44.38%

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

$13.37 COP 42.1K

$21.33 GYD 4,435

-37.32%

Internet (50+ Mbps, Unlimited Data)

$29.89 COP 94.1K

$43.92 GYD 9,133

-31.94%

Gym Membership (Monthly)

$44.76 COP 141.0K

$38.59 GYD 8,026

15.99%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.7K

$15.11 GYD 3,142

12.91%

Cinema Ticket

$6.20 COP 19.5K

$6.34 GYD 1,319

-2.21%

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

$793 COP 2.5M

$1,015 GYD 211.2K

-21.86%

International Primary School, 1 Child (Yearly)

$9,019 COP 28.4M

$19.0K GYD 4.0M

-52.60%

Jeans (Levis 501 Or Similar)

$85.6 COP 269.6K

$37.78 GYD 7,858

126.60%

Summer Dress (H&M, Zara, etc)

$58.5 COP 184.1K

$41.31 GYD 8,591

41.54%

Sport Shoes (Adidas, Nike)

$136 COP 429.3K

$136 GYD 28.3K

Men's Leather Business Shoes

$103 COP 324.7K

$86.5 GYD 18.0K

19.17%

1-bedroom Apartment, City Center (Monthly)

$1,060 COP 3.3M

$954 GYD 198.4K

11.07%

1-bedroom Apartment, Outside City Center (Monthly)

$680 COP 2.1M

$514 GYD 106.9K

32.18%

3-bedroom Apartment, City Center (Monthly)

$2,012 COP 6.3M

$3,290 GYD 684.2K

-38.84%

3-bedroom Apartment, Outside City Center (Monthly)

$1,169 COP 3.7M

$1,312 GYD 272.8K

-10.91%

Buy Apartment in City Center (m2)

$4,111 COP 12.9M

$3,628 GYD 754.6K

13.32%

Buy Apartment Outside City Center (m2)

$1,701 COP 5.4M

$1,559 GYD 324.2K

9.15%

Average Monthly Net Salary (After Tax)

$665 COP 2.1M

$515 GYD 107.2K

29.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.94

57.64%

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

Last update for Medellin: August 30, 2026

Last update for Georgetown: August 29, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $954 in Georgetown. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 29% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Medellin versus $71.0 in Georgetown. Monthly groceries follow the same trend: $303 vs $398 – making Medellin the more affordable choice for daily food spending.

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 Georgetown: Cost of Living - Frequently Asked Questions

Medellin costs about 5% more than Georgetown, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,574 per month in Medellin and $2,455 in Georgetown. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Georgetown, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 27% less in Georgetown. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $793 per month in Medellin and $1,015 in Georgetown. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Georgetown, where all-in costs run around $1,637, than in Medellin at $1,716. In Georgetown it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Georgetown costs $1,637 versus $1,716 in Medellin. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

If budget matters most, go with Georgetown. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.