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: $1,641 in Medellin versus $2,906 in Gibraltar.

Estimated couple costs with rent: $2,447 in Medellin versus $4,623 in Gibraltar.

Monthly costs for a family of three with rent: $3,253 in Medellin versus $6,340 in Gibraltar.

Living in Medellin costs roughly 44% less than in Gibraltar, driven mainly by Eating Out.

Both cities are pricier than the global median: Medellin 19% above, Gibraltar 111% above.

Meal at Budget Restaurant

$8.04 COP 24.8K

$20.55 GIP 15.20

-60.88%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$101 GIP 74.4

-51.98%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$17.72 GIP 13.10

-46.84%

Cappuccino

$2.94 COP 9,040

$4.08 GIP 3.01

-27.94%

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

$1.86 COP 5,735

$2.40 GIP 1.77

-22.50%

Water (0.33 liter bottle)

$1.46 COP 4,479

$2.07 GIP 1.53

-29.47%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$5.55 GIP 4.10

-42.16%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$4.63 GIP 3.43

23.33%

Milk (1 liter)

$1.44 COP 4,428

$1.88 GIP 1.39

-23.40%

White Bread (500g)

$2.40 COP 7,389

$2.56 GIP 1.89

-6.25%

Rice (white) (1kg)

$1.70 COP 5,228

$3.54 GIP 2.62

-51.98%

Eggs

$2.89 COP 8,896

$6.51 GIP 4.82

-55.61%

Local Cheese (1kg)

$10.06 COP 30.9K

$12.22 GIP 9.03

-17.68%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$8.57 GIP 6.34

16.34%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$18.18 GIP 13.45

-21.89%

Apples (1kg)

$3.98 COP 12.3K

$3.00 GIP 2.22

32.67%

Banana (1kg)

$1.58 COP 4,878

$3.02 GIP 2.23

-47.68%

Oranges (1kg)

$2.15 COP 6,624

$3.70 GIP 2.73

-41.89%

Tomato (1kg)

$2.30 COP 7,078

$3.33 GIP 2.46

-30.93%

Potato (1kg)

$2.00 COP 6,169

$2.86 GIP 2.12

-30.07%

Onion (1kg)

$1.51 COP 4,646

$2.11 GIP 1.56

-28.44%

Lettuce (1 head)

$1.20 COP 3,701

$1.84 GIP 1.36

-34.78%

Water (1.5 liter bottle)

$1.28 COP 3,946

$1.51 GIP 1.11

-15.23%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$5.39 GIP 3.99

-28.76%

Wine (Bottle)

$14.01 COP 43.1K

$11.64 GIP 8.61

20.36%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$2.76 GIP 2.04

-38.04%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$3.21 GIP 2.37

-14.64%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$3.30 GIP 2.44

-62.12%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$13.75 GIP 10.17

-90.47%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$13.78 GIP 10.19

-39.84%

Gasoline (1 liter)

$1.36 COP 4,172

$1.51 GIP 1.12

-9.93%

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

$27.5K COP 84.5M

$49.9K GIP 36.9K

-44.91%

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

$36.5K COP 112.4M

$30.3K GIP 22.4K

20.50%

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

$169 COP 519.2K

$171 GIP 127

-1.39%

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

$13.57 COP 41.8K

$27.18 GIP 20.10

-50.07%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$68.6 GIP 50.7

-58.74%

Gym Membership (Monthly)

$45.71 COP 140.7K

$81.3 GIP 60.1

-43.78%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$22.87 GIP 16.91

-24.70%

Cinema Ticket

$6.65 COP 20.5K

$13.59 GIP 10.05

-51.07%

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

$803 COP 2.5M

$1,147 GIP 848

-29.94%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$21.5K GIP 15.9K

-57.25%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$140 GIP 104

-37.60%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$67.9 GIP 50.2

-12.56%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$123 GIP 91.1

12.75%

Men's Leather Business Shoes

$102 COP 314.0K

$151 GIP 112

-32.38%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$2,235 GIP 1,653

-52.09%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$1,661 GIP 1,228

-60.69%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$3,924 GIP 2,902

-50.95%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$3,242 GIP 2,397

-67.67%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$13.6K GIP 10.0K

-69.65%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$8,123 GIP 6,006

-79.10%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$2,488 GIP 1,840

-73.67%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.13

78.47%

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

Last update for Medellin: September 7, 2026

Last update for Gibraltar: September 5, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,071 in Medellin and $2,235 in Gibraltar. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 280% 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: $48.00 in Medellin vs $101 in Gibraltar for a mid-range dinner for two. Groceries echo the gap at $300 vs $365 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 77% in total monthly costs ($1,641 vs $2,906 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 280% 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: $1,071 in Medellin versus $2,235 in Gibraltar. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 22% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,641 per month in Medellin versus $2,906 in Gibraltar – a 77% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,641 in Medellin versus $2,906 in Gibraltar, a $2,500 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 77% less than in Gibraltar. Beyond cost, consider language, visa policies, and how big the international community is in each city.