Cost of Living Comparison Between Medellin and GizoCost of Living Comparison Between Medellin and Gizo
Monthly Cost of Living
πMonthly costs for one person with rent: $1,028 in Medellin versus $2,081 in Gizo.
πEstimated couple costs with rent: $1,586 in Medellin versus $2,937 in Gizo.
πMonthly costs for a family of three with rent: $2,144 in Medellin versus $3,792 in Gizo.
πLiving in Medellin costs roughly 51% less than in Gizo, driven mainly by Groceries & Markets.
πThe two cities straddle the global median: Medellin is 23% below, Gizo is 56% above.
Currency
π½ Eating Out
Medellin
Gizo
Difference
Meal at Budget Restaurant
$6.00COPΒ 20.6K
$3.04SBDΒ 24.46
97.37%
Three-Course Dinner for Two, Mid-Range
$32.84COPΒ 112.5K
$53.3SBDΒ 430
-38.43%
Fast Food Meal(McDonalds, etc)
$7.42COPΒ 25.4K
$14.90SBDΒ 120
-50.20%
Cappuccino
$1.65COPΒ 5,659
$2.67SBDΒ 21.48
-38.20%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.07COPΒ 3,663
$1.22SBDΒ 9.84
-12.30%
Water(0.33 liter bottle)
$0.76COPΒ 2,607
$1.18SBDΒ 9.51
-35.59%
Local Beer(0.5 liter draught)
$1.72COPΒ 5,908
$2.34SBDΒ 18.89
-26.50%
Imported Beer(0.33 liter bottle)
$3.20COPΒ 11.0K
$2.42SBDΒ 19.46
32.23%
π Groceries & Markets
Medellin
Gizo
Difference
Milk(1 liter)
$1.05COPΒ 3,597
$3.18SBDΒ 25.59
-66.98%
White Bread(500g)
$1.31COPΒ 4,479
$1.33SBDΒ 10.74
-1.50%
Rice(white)(1kg)
$1.34COPΒ 4,591
$1.36SBDΒ 10.92
-1.47%
Eggs
$2.19COPΒ 7,521
$6.79SBDΒ 54.7
-67.75%
Local Cheese(1kg)
$4.41COPΒ 15.1K
$8.40SBDΒ 67.7
-47.50%
Chicken Fillets(1kg)
$5.69COPΒ 19.5K
$6.06SBDΒ 48.85
-6.11%
Beef Round Steak(1kg)
$8.52COPΒ 29.2K
$8.19SBDΒ 66.0
4.03%
Apples(1kg)
$2.34COPΒ 8,023
$6.72SBDΒ 54.2
-65.18%
Banana(1kg)
$1.11COPΒ 3,804
$5.93SBDΒ 47.83
-81.28%
Oranges(1kg)
$1.52COPΒ 5,210
$5.89SBDΒ 47.49
-74.19%
Tomato(1kg)
$1.37COPΒ 4,680
$3.06SBDΒ 24.68
-55.23%
Potato(1kg)
$1.15COPΒ 3,950
$2.97SBDΒ 23.91
-61.28%
Onion(1kg)
$1.18COPΒ 4,043
$2.38SBDΒ 19.19
-50.42%
Lettuce(1 head)
$0.84COPΒ 2,885
$2.47SBDΒ 19.88
-65.99%
Water(1.5 liter bottle)
$0.86COPΒ 2,931
$1.34SBDΒ 10.79
-35.82%
Cigarettes 20 Pack(Marlboro, Camel)
$2.26COPΒ 7,753
$4.10SBDΒ 33.08
-44.88%
Wine(Bottle)
$11.60COPΒ 39.8K
$12.53SBDΒ 101
-7.42%
Local Beer(0.5 liter bottle)
$1.20COPΒ 4,109
$1.82SBDΒ 14.64
-34.07%
Imported Beer(0.33 liter bottle)
$2.48COPΒ 8,484
$2.20SBDΒ 17.74
12.73%
π Getting Around
Medellin
Gizo
Difference
One-way Ticket(Public Transport)
$0.79COPΒ 2,721
$0.37SBDΒ 2.99
113.51%
Public Transport Monthly Pass(Regular Price)
$40.83COPΒ 139.9K
$30.13SBDΒ 243
35.51%
Taxi Start(Normal Tariff)
$1.47COPΒ 5,023
$1.18SBDΒ 9.47
24.58%
Taxi(Normal Tariff)(1km)
$1.92COPΒ 6,568
$2.33SBDΒ 18.74
-17.60%
Taxi 1hour Waiting(Normal Tariff)
$7.77COPΒ 26.6K
$11.88SBDΒ 95.7
-34.60%
Gasoline(1 liter)
$1.01COPΒ 3,464
$1.71SBDΒ 13.74
-40.94%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.7KCOPΒ 60.5M
$20.1KSBDΒ 162.3K
-12.31%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5KCOPΒ 90.7M
$20.7KSBDΒ 166.8K
27.84%
π§Ύ Monthly Utilities & Internet
Medellin
Gizo
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$81.1COPΒ 277.9K
$718SBDΒ 5,783
-88.70%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$9.43COPΒ 32.3K
$13.01SBDΒ 105
-27.52%
Internet(50+ Mbps, Unlimited Data)
$23.86COPΒ 81.8K
$120SBDΒ 966
-80.10%
π Sport & Entertainment
Medellin
Gizo
Difference
Gym Membership(Monthly)
$25.99COPΒ 89.1K
$18.19SBDΒ 147
42.88%
Tennis Court(1 Hour on Weekend)
$18.71COPΒ 64.1K
$5.83SBDΒ 46.96
220.93%
Cinema Ticket
$4.09COPΒ 14.0K
$4.24SBDΒ 34.20
-3.54%
π§Έ Childcare & Education
Medellin
Gizo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$315COPΒ 1.1M
$121SBDΒ 975
160.01%
International Primary School, 1 Child(Yearly)
$6,022COPΒ 20.6M
$1,180SBDΒ 9,506
410.51%
ππ Clothing & Footwear
Medellin
Gizo
Difference
Jeans(Levis 501 Or Similar)
$59.7COPΒ 204.6K
$24.64SBDΒ 199
142.29%
Summer Dress(H&M, Zara, etc)
$31.97COPΒ 109.6K
$90.0SBDΒ 726
-64.49%
Sport Shoes(Adidas, Nike)
$101COPΒ 346.9K
$96.6SBDΒ 778
4.84%
Men's Leather Business Shoes
$105COPΒ 360.3K
$84.7SBDΒ 682
24.17%
π Accommodation & Living
Medellin
Gizo
Difference
1-bedroom Apartment, City Center(Monthly)
$485COPΒ 1.7M
$588SBDΒ 4,738
-17.43%
1-bedroom Apartment, Outside City Center(Monthly)
$365COPΒ 1.3M
$573SBDΒ 4,615
-36.24%
3-bedroom Apartment, City Center(Monthly)
$827COPΒ 2.8M
$590SBDΒ 4,759
40.00%
3-bedroom Apartment, Outside City Center(Monthly)
$730COPΒ 2.5M
$1,200SBDΒ 9,673
-39.16%
Buy Apartment in City Center(m2)
$2,992COPΒ 10.3M
$88.0KSBDΒ 708.9K
-96.60%
Buy Apartment Outside City Center(m2)
$1,314COPΒ 4.5M
-
-
π΅ Salaries & Financials
Medellin
Gizo
Difference
Average Monthly Net Salary(After Tax)
$551COPΒ 1.9M
$399SBDΒ 3,214
38.12%
20-Year Fixed Mortgage Interest Rate(Annual %)
13.43
16.33
-17.76%
CityCost data is based on AI and user input β minor inaccuracies may occur.
Last update for Medellin: June 15, 2026
Last update for Gizo: June 13, 2026
Cost Breakdown
π A one-bedroom apartment in the center runs $485 in Medellin and $588 in Gizo. Housing cost is often the main lever when comparing two cities.
π°Medellin pays 38% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
πDining out: $33.00 in Medellin vs $53.0 in Gizo for a mid-range dinner for two. Groceries echo the gap at $190 vs $344 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 Gizo: Cost of Living - Frequently Asked Questions
Which city is more expensive, Medellin or Gizo?
Medellin wins on cost β living expenses run 102% lower than in Gizo. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.
Are salaries higher in Medellin or Gizo?
Medellin pays 38% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How much does a 1-bedroom apartment cost in Medellin vs Gizo?
Rent for a central apartment: $485 in Medellin versus $588 in Gizo. Housing is usually the single largest factor when comparing overall living costs between the two.
Are groceries more expensive in Medellin or Gizo?
Supermarket bills run roughly 81% higher in Gizo. For households that cook at home regularly, that difference adds up over a month.
How do dining costs compare in Medellin vs Gizo?
Dining out is cheaper in Medellin β a meal for two runs $33.00 versus $53.0 in Gizo. If you eat out regularly, this makes a real dent in your monthly spending.
Can you live on $1,500/month in Medellin or Gizo?
At $1,028 in Medellin versus $2,081 in Gizo, a $1,500 budget is realistic in Medellin but tight or insufficient in Gizo. The gap between the two cities makes Medellin the clear choice for anyone on this budget.
Which city is better for digital nomads, Medellin or Gizo?
Both work as nomad bases, but Medellin delivers better value β similar infrastructure at $1,028 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.
How safe is Medellin compared to Gizo?
Safety-wise, Medellin and Gizo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is more affordable for expats?
Expats usually find Medellin gentler on the wallet β expenses run 102% less than in Gizo. Beyond cost, consider language, visa policies, and how big the international community is in each city.