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: $1,031 in Medellin versus $1,190 in Georgetown.

Estimated couple costs with rent: $1,599 in Medellin versus $1,997 in Georgetown.

Monthly costs for a family of three with rent: $2,167 in Medellin versus $2,803 in Georgetown.

Living in Medellin costs roughly 13% less than in Georgetown, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 23% lower, Georgetown 11% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$7.58 EC$20.46

-18.73%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$10.88 EC$29.38

-32.54%

Cappuccino

$1.72 COP 5,599

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

$1.05 COP 3,420

$1.52 EC$4.11

-30.92%

Water (0.33 liter bottle)

$0.77 COP 2,515

$1.84 EC$4.96

-58.15%

Local Beer (0.5 liter draught)

$1.69 COP 5,487

$1.51 EC$4.09

11.92%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$3.68 EC$9.93

-13.86%

Milk (1 liter)

$1.05 COP 3,423

$2.47 EC$6.67

-57.49%

White Bread (500g)

$1.30 COP 4,236

$1.62 EC$4.36

-19.75%

Rice (white) (1kg)

$1.40 COP 4,544

$1.66 EC$4.48

-15.66%

Eggs

$2.16 COP 7,046

$4.31 EC$11.64

-49.88%

Local Cheese (1kg)

$4.39 COP 14.3K

$9.75 EC$26.33

-54.97%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.80 EC$12.95

22.50%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$14.54 EC$39.27

-40.58%

Apples (1kg)

$2.28 COP 7,425

$18.63 EC$50.3

-87.76%

Banana (1kg)

$1.11 COP 3,603

Oranges (1kg)

$1.53 COP 4,982

$8.08 EC$21.82

-81.06%

Tomato (1kg)

$1.35 COP 4,410

$6.65 EC$17.96

-79.70%

Potato (1kg)

$1.13 COP 3,674

$6.35 EC$17.14

-82.20%

Onion (1kg)

$1.13 COP 3,692

$4.10 EC$11.08

-72.44%

Lettuce (1 head)

$0.85 COP 2,753

$3.67 EC$9.92

-76.84%

Water (1.5 liter bottle)

$0.91 COP 2,975

$2.91 EC$7.87

-68.73%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$5.98 EC$16.15

-60.87%

Wine (Bottle)

$12.37 COP 40.3K

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$2.68 EC$7.23

-55.22%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$3.76 EC$10.15

-33.78%

One-way Ticket (Public Transport)

$0.84 COP 2,727

$2.65 EC$7.16

-68.30%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

$110 EC$298

-63.18%

Taxi Start (Normal Tariff)

$1.42 COP 4,623

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$37.02 EC$100.0

-79.31%

Gasoline (1 liter)

$0.99 COP 3,223

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

$18.0K COP 58.7M

$36.6K EC$98.9K

-50.76%

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

$26.6K COP 86.7M

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

$80.8 COP 263.1K

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

$9.95 COP 32.4K

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$55.0 EC$149

-56.06%

Gym Membership (Monthly)

$25.08 COP 81.6K

$22.27 EC$60.1

12.62%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$18.26 EC$49.30

4.87%

Cinema Ticket

$3.98 COP 13.0K

$7.44 EC$20.08

-46.51%

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

$305 COP 993.4K

$186 EC$502

64.08%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$74.1 EC$200

-21.53%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$110 EC$298

-70.84%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$184 EC$496

-45.19%

Men's Leather Business Shoes

$108 COP 350.8K

$149 EC$401

-27.49%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$294 EC$793

62.31%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$224 EC$606

67.72%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$3,083 EC$8,323

-72.60%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$661 EC$1,784

10.53%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

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: July 12, 2026

Last update for Georgetown: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $477 in Medellin and $294 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, Monthly Utilities & Internet. The 15% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,546 in Medellin and $1,786 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: $477 in Medellin versus $294 in Georgetown. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $305 in Medellin versus $186 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 172% less than in Georgetown. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,031 in Medellin versus $1,190 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 15% less than in Georgetown. Beyond cost, consider language, visa policies, and how big the international community is in each city.