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

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $1,317 in Georgetown, rent included.

A couple spends around $1,599 per month in Medellin vs $2,386 in Georgetown, rent included.

A family of three spends $2,167 per month in Medellin vs $3,456 in Georgetown, rent included.

Medellin is about 22% cheaper than Georgetown, driven mainly by Groceries & Markets.

Both Medellin and Georgetown are more affordable than the global median – Medellin 23% lower, Georgetown 1% lower.

Meal at Budget Restaurant

$6.16 COP 20.0K

$12.09 GYD 2,515

-49.05%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.0K

$70.6 GYD 14.7K

-53.80%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$8.51 GYD 1,770

-13.75%

Cappuccino

$1.72 COP 5,592

$5.08 GYD 1,057

-66.14%

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

$1.05 COP 3,416

$1.18 GYD 246

-11.02%

Water (0.33 liter bottle)

$0.77 COP 2,511

$0.66 GYD 136

16.67%

Local Beer (0.5 liter draught)

$1.69 COP 5,480

$2.00 GYD 417

-15.50%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$2.39 GYD 497

32.64%

Milk (1 liter)

$1.05 COP 3,418

$3.33 GYD 692

-68.47%

White Bread (500g)

$1.30 COP 4,230

$2.03 GYD 423

-35.96%

Rice (white) (1kg)

$1.40 COP 4,538

$1.98 GYD 411

-29.29%

Eggs

$2.16 COP 7,037

$3.99 GYD 830

-45.86%

Local Cheese (1kg)

$4.39 COP 14.3K

$14.02 GYD 2,916

-68.69%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$6.26 GYD 1,302

-6.07%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$9.40 GYD 1,955

-8.09%

Apples (1kg)

$2.28 COP 7,415

$9.65 GYD 2,006

-76.37%

Banana (1kg)

$1.11 COP 3,599

$2.56 GYD 533

-56.64%

Oranges (1kg)

$1.53 COP 4,976

$3.26 GYD 677

-53.07%

Tomato (1kg)

$1.35 COP 4,405

$6.51 GYD 1,353

-79.26%

Potato (1kg)

$1.13 COP 3,669

$2.50 GYD 519

-54.80%

Onion (1kg)

$1.13 COP 3,687

$2.91 GYD 605

-61.17%

Lettuce (1 head)

$0.85 COP 2,749

$2.26 GYD 470

-62.39%

Water (1.5 liter bottle)

$0.91 COP 2,971

$1.45 GYD 301

-37.24%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,619

$2.71 GYD 564

-13.65%

Wine (Bottle)

$12.37 COP 40.2K

$17.04 GYD 3,544

-27.41%

Local Beer (0.5 liter bottle)

$1.20 COP 3,904

$1.69 GYD 352

-28.99%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,094

$2.54 GYD 529

-1.97%

One-way Ticket (Public Transport)

$0.84 COP 2,724

$0.59 GYD 123

42.37%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 131.9K

$28.90 GYD 6,010

40.38%

Taxi Start (Normal Tariff)

$1.42 COP 4,617

$3.12 GYD 650

-54.49%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,227

$3.27 GYD 680

-41.28%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$11.88 GYD 2,470

-35.52%

Gasoline (1 liter)

$0.99 COP 3,219

$1.00 GYD 208

-1.00%

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

$18.0K COP 58.6M

$22.6K GYD 4.7M

-20.12%

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

$26.6K COP 86.6M

$17.7K GYD 3.7M

50.64%

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

$80.8 COP 262.7K

$91.3 GYD 19.0K

-11.47%

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

$9.95 COP 32.3K

$26.96 GYD 5,607

-63.09%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.6K

$51.8 GYD 10.8K

-53.30%

Gym Membership (Monthly)

$25.08 COP 81.5K

$39.09 GYD 8,129

-35.84%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$3.98 COP 13.0K

$6.88 GYD 1,431

-42.15%

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

$305 COP 992.2K

$1,016 GYD 211.4K

-69.97%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$22.9K GYD 4.8M

-73.60%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.0K

$33.82 GYD 7,034

71.88%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.7K

$53.2 GYD 11.1K

-39.52%

Sport Shoes (Adidas, Nike)

$101 COP 327.5K

$130 GYD 27.0K

-22.27%

Men's Leather Business Shoes

$108 COP 350.3K

$75.4 GYD 15.7K

42.83%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.5M

$783 GYD 162.7K

-39.09%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$323 GYD 67.2K

16.41%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$2,442 GYD 507.8K

-65.40%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$1,146 GYD 238.3K

-36.26%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$3,584 GYD 745.4K

-10.28%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$1,551 GYD 322.6K

-11.52%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$514 GYD 107.0K

19.92%

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: July 12, 2026

Last update for Georgetown: July 11, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $783 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 20% 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 $33.00 in Medellin versus $71.0 in Georgetown. Monthly groceries follow the same trend: $193 vs $376 – 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 28% 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 $1,546 per month in Medellin and $1,975 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 40% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $305 per month in Medellin and $1,016 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 $1,031, 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 $1,031 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.