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

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $1,317 in Georgetown, rent included.

A couple spends around $1,602 per month in Medellin vs $2,426 in Georgetown, rent included.

A family of three spends $2,192 per month in Medellin vs $3,535 in Georgetown, rent included.

Medellin is about 23% cheaper than Georgetown, driven mainly by Groceries & Markets.

Both Medellin and Georgetown are more affordable than the global median – Medellin 24% lower, Georgetown 2% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$11.78 GYD 2,449

-49.15%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.2K

$72.5 GYD 15.1K

-54.65%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$8.59 GYD 1,786

-17.46%

Cappuccino

$1.71 COP 6,105

$5.16 GYD 1,073

-66.86%

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

$1.10 COP 3,918

$1.19 GYD 247

-7.56%

Water (0.33 liter bottle)

$0.78 COP 2,776

$0.65 GYD 135

20.00%

Local Beer (0.5 liter draught)

$1.68 COP 5,987

$2.06 GYD 428

-18.45%

Imported Beer (0.33 liter bottle)

$3.07 COP 10.9K

$2.35 GYD 488

30.64%

Milk (1 liter)

$1.09 COP 3,899

$3.36 GYD 699

-67.56%

White Bread (500g)

$1.26 COP 4,500

$2.14 GYD 445

-41.12%

Rice (white) (1kg)

$1.38 COP 4,914

$1.89 GYD 393

-26.98%

Eggs

$2.19 COP 7,813

$4.00 GYD 831

-45.25%

Local Cheese (1kg)

$4.40 COP 15.7K

$13.94 GYD 2,898

-68.44%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$6.17 GYD 1,283

-8.75%

Beef Round Steak (1kg)

$8.89 COP 31.7K

$9.42 GYD 1,958

-5.63%

Apples (1kg)

$2.34 COP 8,334

$9.36 GYD 1,947

-75.00%

Banana (1kg)

$1.06 COP 3,771

$2.60 GYD 541

-59.23%

Oranges (1kg)

$1.50 COP 5,365

$3.23 GYD 671

-53.56%

Tomato (1kg)

$1.38 COP 4,915

$6.26 GYD 1,301

-77.96%

Potato (1kg)

$1.15 COP 4,104

$2.40 GYD 498

-52.08%

Onion (1kg)

$1.16 COP 4,148

$3.01 GYD 627

-61.46%

Lettuce (1 head)

$0.89 COP 3,176

$2.29 GYD 475

-61.14%

Water (1.5 liter bottle)

$0.84 COP 2,992

$1.44 GYD 300

-41.67%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,131

$2.57 GYD 535

-11.28%

Wine (Bottle)

$10.64 COP 37.9K

$17.05 GYD 3,544

-37.60%

Local Beer (0.5 liter bottle)

$1.20 COP 4,276

$1.75 GYD 363

-31.43%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,809

$2.45 GYD 509

0.82%

One-way Ticket (Public Transport)

$0.86 COP 3,051

$0.61 GYD 126

40.98%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.6K

$29.07 GYD 6,043

42.41%

Taxi Start (Normal Tariff)

$1.47 COP 5,255

$3.20 GYD 664

-54.06%

Taxi (Normal Tariff) (1km)

$1.96 COP 6,997

$3.29 GYD 684

-40.43%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$12.07 GYD 2,509

-35.87%

Gasoline (1 liter)

$0.95 COP 3,403

$1.04 GYD 216

-8.65%

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

$18.1K COP 64.6M

$22.0K GYD 4.6M

-17.54%

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

$26.5K COP 94.4M

$17.3K GYD 3.6M

52.90%

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

$82.3 COP 293.2K

$90.5 GYD 18.8K

-9.12%

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

$9.50 COP 33.9K

$27.39 GYD 5,695

-65.32%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.4K

$51.1 GYD 10.6K

-52.62%

Gym Membership (Monthly)

$25.89 COP 92.3K

$39.07 GYD 8,122

-33.73%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.7K

Cinema Ticket

$3.93 COP 14.0K

$6.55 GYD 1,362

-40.00%

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

$309 COP 1.1M

$1,023 GYD 212.6K

-69.75%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$22.9K GYD 4.8M

-73.91%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.1K

$34.88 GYD 7,251

68.18%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.3K

$52.0 GYD 10.8K

-37.80%

Sport Shoes (Adidas, Nike)

$103 COP 365.7K

$130 GYD 27.1K

-21.31%

Men's Leather Business Shoes

$108 COP 386.5K

$77.7 GYD 16.2K

39.51%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$793 GYD 164.8K

-39.92%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$315 GYD 65.6K

20.11%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$2,481 GYD 515.8K

-66.22%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$1,191 GYD 247.6K

-39.23%

Buy Apartment in City Center (m2)

$2,791 COP 9.9M

$3,505 GYD 728.7K

-20.39%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$1,573 GYD 327.0K

-23.00%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$517 GYD 107.4K

-0.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

7.5

79.07%

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

Last update for Medellin: May 31, 2026

Last update for Georgetown: June 1, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $793 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 1% higher in Georgetown, 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 $33.00 in Medellin versus $72.0 in Georgetown. Monthly groceries follow the same trend: $188 vs $373 – 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

Georgetown costs about 30% more than Medellin, 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 $1,519 per month in Medellin and $1,976 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 42% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $309 per month in Medellin and $1,023 in Georgetown. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Georgetown at $1,317. 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 $1,013 versus $1,317 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.