Last update: Oct 2026

Cost of Living Comparison Between Medellin and Georgetown

For one person, living costs are similar in Medellin and in Georgetown: $1,614 and $1,643 a month, rent and utilities included.

79

Cost of Living Index in Medellin
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Medellin Living Index
79

Cost of Living Index in Georgetown
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Georgetown Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Georgetown

🇬🇾 Guyana

$1,643

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Georgetown

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Georgetown actually costs, broken down by who's living it.

A single person spends $1,614 per month in Medellin vs $1,643 in Georgetown, rent included.

Medellin $1,614
Georgetown $1,643

A couple spends around $2,402 per month in Medellin vs $2,771 in Georgetown, rent included.

Medellin $2,402
Georgetown $2,771

A family of three spends $3,190 per month in Medellin vs $3,899 in Georgetown, rent included.

Medellin $3,190
Georgetown $3,899

Medellin is about 2% cheaper than Georgetown, and outside of rent the biggest gap is in groceries.

Both Medellin and Georgetown sit above the global median – Medellin by 20%, Georgetown by 22%.

Meal at Budget Restaurant

$7.93 COP 25.2K

$18.26 GYD 3,797

-56.57%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 146.3K

$71.3 GYD 14.8K

-35.29%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.1K

$9.19 GYD 1,911

3.37%

Cappuccino

$3.11 COP 9,866

$5.71 GYD 1,188

-45.53%

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

$1.83 COP 5,800

$1.21 GYD 252

51.24%

Water (0.33 liter bottle)

$1.38 COP 4,360

$0.61 GYD 126

126.23%

Local Beer (0.5 liter draught)

$3.05 COP 9,672

$1.95 GYD 406

56.41%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.4K

$3.27 GYD 680

68.20%

Milk (1 liter)

$1.45 COP 4,600

$3.56 GYD 741

-59.27%

White Bread (500g)

$2.36 COP 7,496

$2.08 GYD 432

13.46%

Rice (white) (1kg)

$1.68 COP 5,328

$2.07 GYD 430

-18.84%

Eggs

$2.86 COP 9,077

$3.94 GYD 819

-27.41%

Local Cheese (1kg)

$10.19 COP 32.3K

$15.16 GYD 3,152

-32.78%

Chicken Fillets (1kg)

$9.53 COP 30.2K

$7.01 GYD 1,458

35.95%

Beef Round Steak (1kg)

$14.04 COP 44.5K

$8.91 GYD 1,853

57.58%

Apples (1kg)

$4.07 COP 12.9K

$8.17 GYD 1,699

-50.18%

Banana (1kg)

$1.50 COP 4,742

$4.04 GYD 840

-62.87%

Oranges (1kg)

$2.17 COP 6,891

$4.06 GYD 844

-46.55%

Tomato (1kg)

$2.31 COP 7,310

$7.15 GYD 1,487

-67.69%

Potato (1kg)

$1.93 COP 6,113

$2.45 GYD 508

-21.22%

Onion (1kg)

$1.64 COP 5,196

$3.08 GYD 639

-46.75%

Lettuce (1 head)

$1.13 COP 3,571

$3.14 GYD 653

-64.01%

Water (1.5 liter bottle)

$1.25 COP 3,954

$1.60 GYD 332

-21.88%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.6K

$3.43 GYD 713

16.33%

Wine (Bottle)

$13.35 COP 42.3K

$16.72 GYD 3,476

-20.16%

Local Beer (0.5 liter bottle)

$1.70 COP 5,384

$1.83 GYD 380

-7.10%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,525

$2.54 GYD 529

-6.69%

One-way Ticket (Public Transport)

$1.21 COP 3,827

$0.58 GYD 121

108.62%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 242.5K

$61.5 GYD 12.8K

24.45%

Taxi Start (Normal Tariff)

$1.32 COP 4,179

$4.27 GYD 888

-69.09%

Taxi (Normal Tariff) (1km)

$2.14 COP 6,774

$2.33 GYD 485

-8.15%

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 26.8K

$11.90 GYD 2,473

-28.82%

Gasoline (1 liter)

$1.30 COP 4,114

$1.07 GYD 223

21.50%

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

$28.0K COP 88.7M

$27.1K GYD 5.6M

3.30%

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

$35.4K COP 112.3M

$22.5K GYD 4.7M

57.24%

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

$172 COP 545.6K

$120 GYD 24.9K

43.61%

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

$13.37 COP 42.4K

$21.78 GYD 4,527

-38.61%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.1K

$44.50 GYD 9,251

-35.44%

Gym Membership (Monthly)

$45.24 COP 143.5K

$37.71 GYD 7,840

19.97%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.0K

$15.08 GYD 3,135

13.00%

Cinema Ticket

$6.28 COP 19.9K

$6.04 GYD 1,256

3.97%

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

$770 COP 2.4M

$1,009 GYD 209.9K

-23.70%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.6M

$18.8K GYD 3.9M

-52.17%

Jeans (Levis 501 Or Similar)

$86.4 COP 274.0K

$37.95 GYD 7,889

127.69%

Summer Dress (H&M, Zara, etc)

$57.1 COP 181.1K

$41.02 GYD 8,528

39.27%

Sport Shoes (Adidas, Nike)

$137 COP 432.9K

$133 GYD 27.7K

2.56%

Men's Leather Business Shoes

$97.9 COP 310.4K

$85.8 GYD 17.8K

14.10%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.3M

$958 GYD 199.1K

10.17%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$530 GYD 110.1K

16.27%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$3,344 GYD 695.3K

-43.42%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.2M

$1,288 GYD 267.7K

-20.58%

Buy Apartment in City Center (m2)

$4,059 COP 12.9M

$3,596 GYD 747.6K

12.88%

Buy Apartment Outside City Center (m2)

$1,678 COP 5.3M

$1,560 GYD 324.2K

7.61%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$520 GYD 108.2K

25.35%

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: October 12, 2026

Last update for Georgetown: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$616 38.2%

Georgetown

$530 32.2% 14% $86

Groceries & Markets

Medellin

$295 18.3%

Georgetown

$398 24.2% 35% $103

Monthly Utilities & Internet

Medellin

$214 13.3%

Georgetown

$186 11.3% 13.1% $28

Clothing & Footwear

Medellin

$170 10.5%

Georgetown

$134 8.2% 21.2% $36

Eating Out

Medellin

$168 10.4%

Georgetown

$266 16.2% 57.9% $97

Getting Around

Medellin

$93 5.8%

Georgetown

$80 4.9% 14.6% $14

Sport & Entertainment

Medellin

$58 3.6%

Georgetown

$50 3% 13.9% $8

Cost Breakdown

A central one-bedroom costs $1,055 in Medellin versus $958 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 25% higher in Medellin, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $46.00 in Medellin versus $71.0 in Georgetown. Monthly groceries follow the same trend: $295 vs $398 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇬🇾 Georgetown

🕒 Local time

20:03 8:03 PM

21:03 9:03 PM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

310,320 Capital

💱 Currency

Colombian Peso COP $

Guyanese Dollar GYD $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1,000 GYD = 4.81 USD

1,000 GYD = 4.28 EUR

Exchange rates and currency converter

GYD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Guyanese Dollar exchange rates as of October 19, 2026: 1 USD = 208 GYD (1,000 GYD = 4.81 USD). 1 EUR = 234 GYD (1,000 GYD = 4.28 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Georgetown 1,930 km ≈ 3 h nonstop flight

From you

Medellin
Georgetown

Distances are measured in a straight line. Your location is detected approximately.

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

Georgetown costs about 2% more than Medellin, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,421 per month in Medellin and $2,464 in Georgetown. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 24% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $770 per month in Medellin and $1,009 in Georgetown. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Georgetown at $1,643. In Medellin it covers expenses comfortably, while in Georgetown it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,614 versus $1,643 in Georgetown. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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