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: $1,013 in Medellin versus $2,769 in Gibraltar.

Estimated couple costs with rent: $1,602 in Medellin versus $4,382 in Gibraltar.

Monthly costs for a family of three with rent: $2,192 in Medellin versus $5,994 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 24% below, Gibraltar is 107% above.

Meal at Budget Restaurant

$5.99 COP 21.4K

$20.15 GIP 14.96

-70.27%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

$110 GIP 82.0

-70.23%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$14.33 GIP 10.64

-50.52%

Cappuccino

$1.71 COP 6,115

$3.48 GIP 2.58

-50.86%

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

$1.10 COP 3,924

$1.64 GIP 1.22

-32.93%

Water (0.33 liter bottle)

$0.78 COP 2,781

$1.94 GIP 1.44

-59.79%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$5.45 GIP 4.04

-69.17%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$4.32 GIP 3.21

-28.94%

Milk (1 liter)

$1.09 COP 3,906

$1.99 GIP 1.47

-45.23%

White Bread (500g)

$1.26 COP 4,508

$1.96 GIP 1.46

-35.71%

Rice (white) (1kg)

$1.38 COP 4,922

$3.69 GIP 2.74

-62.60%

Eggs

$2.19 COP 7,827

$5.21 GIP 3.87

-57.97%

Local Cheese (1kg)

$4.40 COP 15.7K

$10.86 GIP 8.07

-59.48%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$9.08 GIP 6.74

-38.00%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$13.91 GIP 10.32

-36.09%

Apples (1kg)

$2.34 COP 8,349

$3.56 GIP 2.64

-34.27%

Banana (1kg)

$1.06 COP 3,777

$3.47 GIP 2.58

-69.45%

Oranges (1kg)

$1.50 COP 5,374

$3.66 GIP 2.72

-59.02%

Tomato (1kg)

$1.38 COP 4,924

$2.94 GIP 2.18

-53.06%

Potato (1kg)

$1.15 COP 4,111

$2.65 GIP 1.97

-56.60%

Onion (1kg)

$1.16 COP 4,155

$2.33 GIP 1.73

-50.21%

Lettuce (1 head)

$0.89 COP 3,182

$1.78 GIP 1.32

-50.00%

Water (1.5 liter bottle)

$0.84 COP 2,997

$1.12 GIP 0.84

-25.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$4.84 GIP 3.59

-52.89%

Wine (Bottle)

$10.64 COP 38.0K

$11.40 GIP 8.46

-6.67%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$2.47 GIP 1.83

-51.42%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$2.36 GIP 1.75

4.66%

One-way Ticket (Public Transport)

$0.86 COP 3,056

$2.43 GIP 1.80

-64.61%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

$9.71 GIP 7.21

-84.86%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

$2.48 GIP 1.84

-20.97%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$13.37 GIP 9.93

-42.11%

Gasoline (1 liter)

$0.95 COP 3,409

$1.61 GIP 1.20

-40.99%

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

$18.1K COP 64.7M

$46.6K GIP 34.6K

-61.09%

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

$26.5K COP 94.6M

$31.8K GIP 23.6K

-16.84%

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

$82.3 COP 293.7K

$134 GIP 99.4

-38.59%

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

$9.50 COP 33.9K

$33.38 GIP 24.78

-71.54%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$64.3 GIP 47.74

-62.32%

Gym Membership (Monthly)

$25.89 COP 92.4K

$79.6 GIP 59.1

-67.47%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

$3.46 GIP 2.57

449.13%

Cinema Ticket

$3.93 COP 14.0K

$13.79 GIP 10.24

-71.50%

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

$309 COP 1.1M

$799 GIP 594

-61.30%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$137 GIP 102

-57.21%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$45.81 GIP 34.01

-29.38%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$102 GIP 75.5

0.84%

Men's Leather Business Shoes

$108 COP 387.2K

$96.2 GIP 71.4

12.77%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$1,788 GIP 1,327

-73.37%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$1,661 GIP 1,233

-77.20%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$3,611 GIP 2,681

-76.79%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$3,235 GIP 2,402

-77.62%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$13.6K GIP 10.1K

-79.44%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$8,004 GIP 5,942

-84.87%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$2,861 GIP 2,124

-82.11%

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: May 31, 2026

Last update for Gibraltar: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $476 in Medellin and $1,788 in Gibraltar. Housing cost is often the main lever when comparing two cities.

Gibraltar pays 459% 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 $110 in Gibraltar for a mid-range dinner for two. Groceries echo the gap at $188 vs $336 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 ($1,013 vs $2,769 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Gibraltar earns 459% less. 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: $476 in Medellin versus $1,788 in Gibraltar. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 78% higher in Gibraltar. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,013 per month in Medellin versus $2,769 in Gibraltar – a 173% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,013 in Medellin versus $2,769 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.