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

Monthly Cost of Living

Monthly costs for one person with rent: $1,013 in Medellin versus $1,226 in Georgetown.

Estimated couple costs with rent: $1,602 in Medellin versus $1,998 in Georgetown.

Monthly costs for a family of three with rent: $2,192 in Medellin versus $2,770 in Georgetown.

Living in Medellin costs roughly 17% less than in Georgetown, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 24% lower, Georgetown 9% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$7.44 EC$20.10

-19.49%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$10.97 EC$29.61

-35.37%

Cappuccino

$1.71 COP 6,115

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

$1.10 COP 3,924

$1.46 EC$3.93

-24.66%

Water (0.33 liter bottle)

$0.78 COP 2,781

$1.83 EC$4.95

-57.38%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$1.49 EC$4.04

12.75%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$3.78 EC$10.21

-18.78%

Milk (1 liter)

$1.09 COP 3,906

$2.39 EC$6.45

-54.39%

White Bread (500g)

$1.26 COP 4,508

$1.59 EC$4.30

-20.75%

Rice (white) (1kg)

$1.38 COP 4,922

$1.64 EC$4.44

-15.85%

Eggs

$2.19 COP 7,827

$4.39 EC$11.86

-50.11%

Local Cheese (1kg)

$4.40 COP 15.7K

$9.74 EC$26.30

-54.83%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.87 EC$13.16

15.61%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$14.52 EC$39.20

-38.77%

Apples (1kg)

$2.34 COP 8,349

$18.82 EC$50.8

-87.57%

Banana (1kg)

$1.06 COP 3,777

Oranges (1kg)

$1.50 COP 5,374

$8.08 EC$21.82

-81.44%

Tomato (1kg)

$1.38 COP 4,924

$6.62 EC$17.87

-79.15%

Potato (1kg)

$1.15 COP 4,111

$6.35 EC$17.13

-81.89%

Onion (1kg)

$1.16 COP 4,155

$4.17 EC$11.25

-72.18%

Lettuce (1 head)

$0.89 COP 3,182

$3.71 EC$10.03

-76.01%

Water (1.5 liter bottle)

$0.84 COP 2,997

$2.94 EC$7.95

-71.43%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$6.07 EC$16.39

-62.44%

Wine (Bottle)

$10.64 COP 38.0K

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$2.58 EC$6.97

-53.49%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$3.73 EC$10.07

-33.78%

One-way Ticket (Public Transport)

$0.86 COP 3,056

$2.55 EC$6.87

-66.27%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

$110 EC$298

-62.46%

Taxi Start (Normal Tariff)

$1.47 COP 5,264

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$36.43 EC$98.4

-78.75%

Gasoline (1 liter)

$0.95 COP 3,409

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

$18.1K COP 64.7M

$36.4K EC$98.4K

-50.23%

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

$26.5K COP 94.6M

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

$82.3 COP 293.7K

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

$9.50 COP 33.9K

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$56.6 EC$153

-57.15%

Gym Membership (Monthly)

$25.89 COP 92.4K

$22.41 EC$60.5

15.53%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

$18.63 EC$50.3

1.99%

Cinema Ticket

$3.93 COP 14.0K

$7.51 EC$20.26

-47.67%

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

$309 COP 1.1M

$183 EC$493

69.47%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$73.6 EC$199

-20.33%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$110 EC$297

-70.61%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$182 EC$491

-43.59%

Men's Leather Business Shoes

$108 COP 387.2K

$146 EC$393

-25.55%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$299 EC$808

59.20%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$222 EC$599

70.65%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$3,097 EC$8,361

-72.93%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$664 EC$1,792

9.07%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

11.92%

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

Last update for Medellin: May 31, 2026

Last update for Georgetown: May 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $476 in Medellin and $299 in Georgetown. Housing cost is often the main lever when comparing two cities.

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 is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Eating Out, Getting Around, Sport & Entertainment. The 21% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,519 in Medellin and $1,839 in Georgetown to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $476 in Medellin versus $299 in Georgetown. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $309 in Medellin versus $183 in Georgetown. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

A monthly transit pass in Medellin runs roughly 166% less than in Georgetown. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,013 in Medellin versus $1,226 in Georgetown, a $1,500 budget is realistic in Medellin but tight or insufficient in Georgetown. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Georgetown, and the savings on those two alone free up budget for education, activities, and family trips.

Expats usually find Medellin gentler on the wallet – expenses run 21% less than in Georgetown. Beyond cost, consider language, visa policies, and how big the international community is in each city.