Cost of Living Comparison Between Medellin and Gibraltar Cost of Living Comparison Between Medellin and Gibraltar

Monthly Cost of Living

Monthly costs for one person with rent: $1,031 in Medellin versus $2,816 in Gibraltar.

Estimated couple costs with rent: $1,599 in Medellin versus $4,441 in Gibraltar.

Monthly costs for a family of three with rent: $2,167 in Medellin versus $6,065 in Gibraltar.

Living in Medellin costs roughly 63% less than in Gibraltar, driven mainly by Eating Out.

The two cities straddle the global median: Medellin is 23% below, Gibraltar is 111% above.

Meal at Budget Restaurant

$6.16 COP 20.1K

$20.65 GIP 15.35

-70.17%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$108 GIP 80.5

-69.88%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$14.65 GIP 10.89

-49.90%

Cappuccino

$1.72 COP 5,600

$3.53 GIP 2.63

-51.27%

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

$1.05 COP 3,420

$1.73 GIP 1.28

-39.31%

Water (0.33 liter bottle)

$0.77 COP 2,515

$1.96 GIP 1.45

-60.71%

Local Beer (0.5 liter draught)

$1.69 COP 5,488

$5.50 GIP 4.09

-69.27%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$4.35 GIP 3.23

-27.13%

Milk (1 liter)

$1.05 COP 3,423

$1.96 GIP 1.46

-46.43%

White Bread (500g)

$1.30 COP 4,236

$2.04 GIP 1.52

-36.27%

Rice (white) (1kg)

$1.40 COP 4,544

$3.71 GIP 2.76

-62.26%

Eggs

$2.16 COP 7,047

$5.18 GIP 3.85

-58.30%

Local Cheese (1kg)

$4.39 COP 14.3K

$10.67 GIP 7.93

-58.86%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$8.75 GIP 6.50

-32.80%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$14.28 GIP 10.62

-39.50%

Apples (1kg)

$2.28 COP 7,426

$3.53 GIP 2.62

-35.41%

Banana (1kg)

$1.11 COP 3,604

$3.32 GIP 2.46

-66.57%

Oranges (1kg)

$1.53 COP 4,983

$3.71 GIP 2.76

-58.76%

Tomato (1kg)

$1.35 COP 4,410

$2.91 GIP 2.16

-53.61%

Potato (1kg)

$1.13 COP 3,674

$2.60 GIP 1.93

-56.54%

Onion (1kg)

$1.13 COP 3,692

$2.34 GIP 1.74

-51.71%

Lettuce (1 head)

$0.85 COP 2,753

$1.77 GIP 1.31

-51.98%

Water (1.5 liter bottle)

$0.91 COP 2,975

$1.13 GIP 0.84

-19.47%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,630

$4.75 GIP 3.53

-50.74%

Wine (Bottle)

$12.37 COP 40.3K

$11.51 GIP 8.56

7.47%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$2.36 GIP 1.75

-49.15%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$2.32 GIP 1.72

7.33%

One-way Ticket (Public Transport)

$0.84 COP 2,728

$2.42 GIP 1.80

-65.29%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$9.40 GIP 6.99

-84.89%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$2.57 GIP 1.91

-25.29%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$13.77 GIP 10.24

-44.37%

Gasoline (1 liter)

$0.99 COP 3,223

$1.58 GIP 1.18

-37.34%

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

$18.0K COP 58.7M

$46.4K GIP 34.5K

-61.16%

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

$26.6K COP 86.7M

$31.4K GIP 23.4K

-15.32%

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

$80.8 COP 263.1K

$134 GIP 99.5

-39.62%

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

$9.95 COP 32.4K

$33.28 GIP 24.74

-70.10%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$63.9 GIP 47.49

-62.15%

Gym Membership (Monthly)

$25.08 COP 81.7K

$79.4 GIP 59.0

-68.42%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$3.37 GIP 2.50

468.25%

Cinema Ticket

$3.98 COP 13.0K

$13.51 GIP 10.04

-70.54%

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

$305 COP 993.5K

$782 GIP 581

-60.95%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$137 GIP 102

-57.66%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$44.29 GIP 32.92

-27.30%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$100 GIP 74.7

0.26%

Men's Leather Business Shoes

$108 COP 350.8K

$95.3 GIP 70.8

13.08%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$1,778 GIP 1,322

-73.20%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$1,672 GIP 1,243

-77.51%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$3,622 GIP 2,693

-76.68%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$3,198 GIP 2,378

-77.16%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$13.5K GIP 10.0K

-76.20%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$7,997 GIP 5,945

-82.84%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$2,839 GIP 2,111

-78.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.6

273.06%

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

Last update for Medellin: July 12, 2026

Last update for Gibraltar: July 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $477 in Medellin and $1,778 in Gibraltar. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 360% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $33.00 in Medellin vs $108 in Gibraltar for a mid-range dinner for two. Groceries echo the gap at $193 vs $334 per month, with Medellin cheaper across the board.

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 Gibraltar: Cost of Living - Frequently Asked Questions

Medellin and Gibraltar differ by about 173% in total monthly costs ($1,031 vs $2,816 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 360% lower in Gibraltar. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $477 in Medellin versus $1,778 in Gibraltar. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 73% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,031 per month in Medellin versus $2,816 in Gibraltar – a 173% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,031 in Medellin versus $2,816 in Gibraltar, a $1,500 budget is realistic in Medellin but tight or insufficient in Gibraltar. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Medellin and Gibraltar are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 173% less than in Gibraltar. Beyond cost, consider language, visa policies, and how big the international community is in each city.