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: $1,034 in Medellin versus $2,098 in Gizo.

Estimated couple costs with rent: $1,577 in Medellin versus $2,983 in Gizo.

Monthly costs for a family of three with rent: $2,120 in Medellin versus $3,868 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 57% above.

Currency
🍽 Eating Out
Medellin
Gizo
Difference
Meal at Budget Restaurant
$5.92 COPΒ 21.4K
$3.05 SBDΒ 24.13
94.10%
Three-Course Dinner for Two, Mid-Range
$32.75 COPΒ 118.2K
$54.9 SBDΒ 435
-40.32%
Fast Food Meal (McDonalds, etc)
$7.20 COPΒ 26.0K
$15.02 SBDΒ 119
-52.06%
Cappuccino
$1.70 COPΒ 6,140
$2.77 SBDΒ 21.98
-38.63%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,966
$1.17 SBDΒ 9.26
-5.98%
Water (0.33 liter bottle)
$0.72 COPΒ 2,605
$1.18 SBDΒ 9.37
-38.98%
Local Beer (0.5 liter draught)
$1.67 COPΒ 6,022
$2.42 SBDΒ 19.16
-30.99%
Imported Beer (0.33 liter bottle)
$3.10 COPΒ 11.2K
$2.35 SBDΒ 18.61
31.91%
πŸ›’ Groceries & Markets
Medellin
Gizo
Difference
Milk (1 liter)
$1.06 COPΒ 3,809
$3.04 SBDΒ 24.11
-65.13%
White Bread (500g)
$1.25 COPΒ 4,497
$1.30 SBDΒ 10.29
-3.85%
Rice (white) (1kg)
$1.39 COPΒ 5,022
$1.36 SBDΒ 10.80
2.21%
Eggs
$2.26 COPΒ 8,168
$6.80 SBDΒ 53.9
-66.76%
Local Cheese (1kg)
$4.33 COPΒ 15.6K
$8.17 SBDΒ 64.7
-47.00%
Chicken Fillets (1kg)
$5.84 COPΒ 21.1K
$5.95 SBDΒ 47.14
-1.85%
Beef Round Steak (1kg)
$8.83 COPΒ 31.9K
$8.46 SBDΒ 67.0
4.37%
Apples (1kg)
$2.24 COPΒ 8,099
$6.78 SBDΒ 53.7
-66.96%
Banana (1kg)
$1.08 COPΒ 3,882
$6.09 SBDΒ 48.24
-82.27%
Oranges (1kg)
$1.53 COPΒ 5,522
$6.04 SBDΒ 47.86
-74.67%
Tomato (1kg)
$1.37 COPΒ 4,950
$3.07 SBDΒ 24.32
-55.37%
Potato (1kg)
$1.13 COPΒ 4,078
$2.91 SBDΒ 23.06
-61.17%
Onion (1kg)
$1.12 COPΒ 4,036
$2.45 SBDΒ 19.41
-54.29%
Lettuce (1 head)
$0.85 COPΒ 3,057
$2.44 SBDΒ 19.34
-65.16%
Water (1.5 liter bottle)
$0.91 COPΒ 3,281
$1.29 SBDΒ 10.26
-29.46%
Cigarettes 20 Pack (Marlboro, Camel)
$2.33 COPΒ 8,414
$4.08 SBDΒ 32.29
-42.89%
Wine (Bottle)
$11.13 COPΒ 40.2K
$12.37 SBDΒ 98.0
-10.02%
Local Beer (0.5 liter bottle)
$1.19 COPΒ 4,309
$1.85 SBDΒ 14.63
-35.68%
Imported Beer (0.33 liter bottle)
$2.37 COPΒ 8,553
$2.15 SBDΒ 17.01
10.23%
🚌 Getting Around
Medellin
Gizo
Difference
One-way Ticket (Public Transport)
$0.79 COPΒ 2,838
$0.38 SBDΒ 2.99
107.89%
Public Transport Monthly Pass (Regular Price)
$41.13 COPΒ 148.5K
$30.38 SBDΒ 241
35.39%
Taxi Start (Normal Tariff)
$1.44 COPΒ 5,184
$1.19 SBDΒ 9.39
21.01%
Taxi (Normal Tariff) (1km)
$1.91 COPΒ 6,901
$2.31 SBDΒ 18.30
-17.32%
Taxi 1hour Waiting (Normal Tariff)
$8.02 COPΒ 28.9K
$11.75 SBDΒ 93.0
-31.74%
Gasoline (1 liter)
$0.94 COPΒ 3,385
$1.71 SBDΒ 13.54
-45.03%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.9K COPΒ 64.7M
$20.3K SBDΒ 161.1K
-11.88%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.8K COPΒ 96.7M
$21.4K SBDΒ 169.4K
25.28%
🧾 Monthly Utilities & Internet
Medellin
Gizo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$84.0 COPΒ 303.1K
$711 SBDΒ 5,630
-88.19%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.60 COPΒ 34.7K
$12.98 SBDΒ 103
-26.04%
Internet (50+ Mbps, Unlimited Data)
$24.16 COPΒ 87.2K
$122 SBDΒ 967
-80.22%
πŸŽ‰ Sport & Entertainment
Medellin
Gizo
Difference
Gym Membership (Monthly)
$25.88 COPΒ 93.4K
$18.05 SBDΒ 143
43.38%
Tennis Court (1 Hour on Weekend)
$19.04 COPΒ 68.7K
$6.02 SBDΒ 47.70
216.28%
Cinema Ticket
$3.92 COPΒ 14.1K
$4.08 SBDΒ 32.29
-3.92%
🧸 Childcare & Education
Medellin
Gizo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$306 COPΒ 1.1M
$120 SBDΒ 953
154.66%
International Primary School, 1 Child (Yearly)
$5,919 COPΒ 21.4M
$1,200 SBDΒ 9,505
393.16%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Gizo
Difference
Jeans (Levis 501 Or Similar)
$57.9 COPΒ 209.1K
$24.40 SBDΒ 193
137.34%
Summer Dress (H&M, Zara, etc)
$31.82 COPΒ 114.9K
$89.7 SBDΒ 711
-64.54%
Sport Shoes (Adidas, Nike)
$99.9 COPΒ 360.6K
$97.2 SBDΒ 770
2.76%
Men's Leather Business Shoes
$107 COPΒ 386.8K
$84.6 SBDΒ 670
26.61%
🏠 Accommodation & Living
Medellin
Gizo
Difference
1-bedroom Apartment, City Center (Monthly)
$487 COPΒ 1.8M
$582 SBDΒ 4,609
-16.36%
1-bedroom Apartment, Outside City Center (Monthly)
$368 COPΒ 1.3M
$560 SBDΒ 4,435
-34.27%
3-bedroom Apartment, City Center (Monthly)
$826 COPΒ 3.0M
$598 SBDΒ 4,738
38.03%
3-bedroom Apartment, Outside City Center (Monthly)
$716 COPΒ 2.6M
$1,222 SBDΒ 9,675
-41.38%
Buy Apartment in City Center (m2)
$2,925 COPΒ 10.6M
$88.6K SBDΒ 701.9K
-96.70%
Buy Apartment Outside City Center (m2)
$1,407 COPΒ 5.1M
-
-
πŸ’΅ Salaries & Financials
Medellin
Gizo
Difference
Average Monthly Net Salary (After Tax)
$546 COPΒ 2.0M
$395 SBDΒ 3,127
38.15%
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: April 27, 2026

Last update for Gizo: April 26, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Medellin and $582 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 $55.0 in Gizo for a mid-range dinner for two. Groceries echo the gap at $190 vs $343 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 103% 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: $487 in Medellin versus $582 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 $55.0 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 $1,034 in Medellin versus $2,098 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 $1,034 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 103% less than in Gizo. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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