Cost of Living Comparison Between Medellin and Gizo Cost of Living Comparison Between Medellin and Gizo

Monthly Cost of Living

Monthly costs for one person with rent: $1,028 in Medellin versus $2,081 in Gizo.

Estimated couple costs with rent: $1,586 in Medellin versus $2,937 in Gizo.

Monthly costs for a family of three with rent: $2,144 in Medellin versus $3,792 in Gizo.

Living in Medellin costs roughly 51% less than in Gizo, driven mainly by Groceries & Markets.

The two cities straddle the global median: Medellin is 23% below, Gizo is 56% above.

Currency
🍽 Eating Out
Medellin
Gizo
Difference
Meal at Budget Restaurant
$6.00 COPΒ 20.6K
$3.04 SBDΒ 24.46
97.37%
Three-Course Dinner for Two, Mid-Range
$32.84 COPΒ 112.5K
$53.3 SBDΒ 430
-38.43%
Fast Food Meal (McDonalds, etc)
$7.42 COPΒ 25.4K
$14.90 SBDΒ 120
-50.20%
Cappuccino
$1.65 COPΒ 5,659
$2.67 SBDΒ 21.48
-38.20%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.07 COPΒ 3,663
$1.22 SBDΒ 9.84
-12.30%
Water (0.33 liter bottle)
$0.76 COPΒ 2,607
$1.18 SBDΒ 9.51
-35.59%
Local Beer (0.5 liter draught)
$1.72 COPΒ 5,908
$2.34 SBDΒ 18.89
-26.50%
Imported Beer (0.33 liter bottle)
$3.20 COPΒ 11.0K
$2.42 SBDΒ 19.46
32.23%
πŸ›’ Groceries & Markets
Medellin
Gizo
Difference
Milk (1 liter)
$1.05 COPΒ 3,597
$3.18 SBDΒ 25.59
-66.98%
White Bread (500g)
$1.31 COPΒ 4,479
$1.33 SBDΒ 10.74
-1.50%
Rice (white) (1kg)
$1.34 COPΒ 4,591
$1.36 SBDΒ 10.92
-1.47%
Eggs
$2.19 COPΒ 7,521
$6.79 SBDΒ 54.7
-67.75%
Local Cheese (1kg)
$4.41 COPΒ 15.1K
$8.40 SBDΒ 67.7
-47.50%
Chicken Fillets (1kg)
$5.69 COPΒ 19.5K
$6.06 SBDΒ 48.85
-6.11%
Beef Round Steak (1kg)
$8.52 COPΒ 29.2K
$8.19 SBDΒ 66.0
4.03%
Apples (1kg)
$2.34 COPΒ 8,023
$6.72 SBDΒ 54.2
-65.18%
Banana (1kg)
$1.11 COPΒ 3,804
$5.93 SBDΒ 47.83
-81.28%
Oranges (1kg)
$1.52 COPΒ 5,210
$5.89 SBDΒ 47.49
-74.19%
Tomato (1kg)
$1.37 COPΒ 4,680
$3.06 SBDΒ 24.68
-55.23%
Potato (1kg)
$1.15 COPΒ 3,950
$2.97 SBDΒ 23.91
-61.28%
Onion (1kg)
$1.18 COPΒ 4,043
$2.38 SBDΒ 19.19
-50.42%
Lettuce (1 head)
$0.84 COPΒ 2,885
$2.47 SBDΒ 19.88
-65.99%
Water (1.5 liter bottle)
$0.86 COPΒ 2,931
$1.34 SBDΒ 10.79
-35.82%
Cigarettes 20 Pack (Marlboro, Camel)
$2.26 COPΒ 7,753
$4.10 SBDΒ 33.08
-44.88%
Wine (Bottle)
$11.60 COPΒ 39.8K
$12.53 SBDΒ 101
-7.42%
Local Beer (0.5 liter bottle)
$1.20 COPΒ 4,109
$1.82 SBDΒ 14.64
-34.07%
Imported Beer (0.33 liter bottle)
$2.48 COPΒ 8,484
$2.20 SBDΒ 17.74
12.73%
🚌 Getting Around
Medellin
Gizo
Difference
One-way Ticket (Public Transport)
$0.79 COPΒ 2,721
$0.37 SBDΒ 2.99
113.51%
Public Transport Monthly Pass (Regular Price)
$40.83 COPΒ 139.9K
$30.13 SBDΒ 243
35.51%
Taxi Start (Normal Tariff)
$1.47 COPΒ 5,023
$1.18 SBDΒ 9.47
24.58%
Taxi (Normal Tariff) (1km)
$1.92 COPΒ 6,568
$2.33 SBDΒ 18.74
-17.60%
Taxi 1hour Waiting (Normal Tariff)
$7.77 COPΒ 26.6K
$11.88 SBDΒ 95.7
-34.60%
Gasoline (1 liter)
$1.01 COPΒ 3,464
$1.71 SBDΒ 13.74
-40.94%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.7K COPΒ 60.5M
$20.1K SBDΒ 162.3K
-12.31%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COPΒ 90.7M
$20.7K SBDΒ 166.8K
27.84%
🧾 Monthly Utilities & Internet
Medellin
Gizo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.1 COPΒ 277.9K
$718 SBDΒ 5,783
-88.70%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.43 COPΒ 32.3K
$13.01 SBDΒ 105
-27.52%
Internet (50+ Mbps, Unlimited Data)
$23.86 COPΒ 81.8K
$120 SBDΒ 966
-80.10%
πŸŽ‰ Sport & Entertainment
Medellin
Gizo
Difference
Gym Membership (Monthly)
$25.99 COPΒ 89.1K
$18.19 SBDΒ 147
42.88%
Tennis Court (1 Hour on Weekend)
$18.71 COPΒ 64.1K
$5.83 SBDΒ 46.96
220.93%
Cinema Ticket
$4.09 COPΒ 14.0K
$4.24 SBDΒ 34.20
-3.54%
🧸 Childcare & Education
Medellin
Gizo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$315 COPΒ 1.1M
$121 SBDΒ 975
160.01%
International Primary School, 1 Child (Yearly)
$6,022 COPΒ 20.6M
$1,180 SBDΒ 9,506
410.51%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Gizo
Difference
Jeans (Levis 501 Or Similar)
$59.7 COPΒ 204.6K
$24.64 SBDΒ 199
142.29%
Summer Dress (H&M, Zara, etc)
$31.97 COPΒ 109.6K
$90.0 SBDΒ 726
-64.49%
Sport Shoes (Adidas, Nike)
$101 COPΒ 346.9K
$96.6 SBDΒ 778
4.84%
Men's Leather Business Shoes
$105 COPΒ 360.3K
$84.7 SBDΒ 682
24.17%
🏠 Accommodation & Living
Medellin
Gizo
Difference
1-bedroom Apartment, City Center (Monthly)
$485 COPΒ 1.7M
$588 SBDΒ 4,738
-17.43%
1-bedroom Apartment, Outside City Center (Monthly)
$365 COPΒ 1.3M
$573 SBDΒ 4,615
-36.24%
3-bedroom Apartment, City Center (Monthly)
$827 COPΒ 2.8M
$590 SBDΒ 4,759
40.00%
3-bedroom Apartment, Outside City Center (Monthly)
$730 COPΒ 2.5M
$1,200 SBDΒ 9,673
-39.16%
Buy Apartment in City Center (m2)
$2,992 COPΒ 10.3M
$88.0K SBDΒ 708.9K
-96.60%
Buy Apartment Outside City Center (m2)
$1,314 COPΒ 4.5M
-
-
πŸ’΅ Salaries & Financials
Medellin
Gizo
Difference
Average Monthly Net Salary (After Tax)
$551 COPΒ 1.9M
$399 SBDΒ 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 – minor inaccuracies may occur.

Last update for Medellin: June 15, 2026

Last update for Gizo: June 13, 2026

Cost Breakdown

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.

Medellin pays 38% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining 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 – 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 – 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 – 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 – expenses run 102% less than in Gizo. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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