Cost of Living Comparison Between Medellin and Godollo Cost of Living Comparison Between Medellin and Godollo

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $1,244 in Godollo, rent included.

A couple spends around $1,602 per month in Medellin vs $1,783 in Godollo, rent included.

A family of three spends $2,192 per month in Medellin vs $2,322 in Godollo, rent included.

Medellin is about 19% cheaper than Godollo, driven mainly by Groceries & Markets.

Both Medellin and Godollo are more affordable than the global median – Medellin 24% lower, Godollo 7% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$7.84 Ft 2,391

-23.60%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

$45.30 Ft 13.8K

-27.46%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$5.79 Ft 1,766

22.45%

Cappuccino

$1.71 COP 6,115

$2.04 Ft 623

-16.18%

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

$1.10 COP 3,924

$1.48 Ft 451

-25.68%

Water (0.33 liter bottle)

$0.78 COP 2,781

$1.30 Ft 398

-40.00%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$2.36 Ft 720

-28.81%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$2.19 Ft 667

40.18%

Milk (1 liter)

$1.09 COP 3,906

$1.07 Ft 326

1.87%

White Bread (500g)

$1.26 COP 4,508

$1.73 Ft 529

-27.17%

Rice (white) (1kg)

$1.38 COP 4,922

$2.07 Ft 631

-33.33%

Eggs

$2.19 COP 7,827

$3.09 Ft 944

-29.13%

Local Cheese (1kg)

$4.40 COP 15.7K

$9.70 Ft 2,958

-54.64%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$6.17 Ft 1,880

-8.75%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$13.19 Ft 4,021

-32.60%

Apples (1kg)

$2.34 COP 8,349

$1.85 Ft 565

26.49%

Banana (1kg)

$1.06 COP 3,777

$1.87 Ft 571

-43.32%

Oranges (1kg)

$1.50 COP 5,374

$1.99 Ft 606

-24.62%

Tomato (1kg)

$1.38 COP 4,924

$3.49 Ft 1,063

-60.46%

Potato (1kg)

$1.15 COP 4,111

$1.03 Ft 313

11.65%

Onion (1kg)

$1.16 COP 4,155

$1.19 Ft 361

-2.52%

Lettuce (1 head)

$0.89 COP 3,182

$1.37 Ft 419

-35.04%

Water (1.5 liter bottle)

$0.84 COP 2,997

$0.48 Ft 146

75.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$6.59 Ft 2,011

-65.40%

Wine (Bottle)

$10.64 COP 38.0K

$5.88 Ft 1,792

80.95%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$1.17 Ft 356

2.56%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$1.49 Ft 456

65.77%

One-way Ticket (Public Transport)

$0.86 COP 3,056

$1.17 Ft 356

-26.50%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

$24.76 Ft 7,553

67.21%

Taxi Start (Normal Tariff)

$1.47 COP 5,264

$2.90 Ft 886

-49.31%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

$1.15 Ft 352

70.43%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$17.39 Ft 5,303

-55.49%

Gasoline (1 liter)

$0.95 COP 3,409

$1.74 Ft 532

-45.40%

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

$18.1K COP 64.7M

$26.0K Ft 7.9M

-30.27%

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

$26.5K COP 94.6M

$25.4K Ft 7.8M

4.12%

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

$82.3 COP 293.7K

$147 Ft 44.8K

-44.04%

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

$9.50 COP 33.9K

$25.55 Ft 7,791

-62.82%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$20.32 Ft 6,198

19.24%

Gym Membership (Monthly)

$25.89 COP 92.4K

$47.41 Ft 14.5K

-45.39%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

$16.50 Ft 5,033

15.15%

Cinema Ticket

$3.93 COP 14.0K

$8.21 Ft 2,503

-52.13%

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

$309 COP 1.1M

$286 Ft 87.2K

8.24%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$6,896 Ft 2.1M

-13.49%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$42.54 Ft 13.0K

37.89%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$30.27 Ft 9,231

6.87%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$97.5 Ft 29.7K

5.25%

Men's Leather Business Shoes

$108 COP 387.2K

$105 Ft 31.9K

3.51%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$543 Ft 165.7K

-12.37%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$441 Ft 134.5K

-14.11%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$645 Ft 196.8K

29.90%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$523 Ft 159.5K

38.41%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$3,295 Ft 1.0M

-15.31%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$2,427 Ft 740.1K

-50.09%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$1,315 Ft 401.2K

-61.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

5.85

129.57%

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

Last update for Medellin: May 31, 2026

Last update for Godollo: May 31, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $543 in Godollo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 157% higher in Godollo, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $45.00 in Godollo. Monthly groceries follow the same trend: $188 vs $231 – making Medellin the more affordable choice for daily food spending.

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 Godollo: Cost of Living - Frequently Asked Questions

Yes – Godollo is pricier by about 23%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,519 per month in Medellin and $1,866 in Godollo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,013 in Medellin and $1,244 in Godollo. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 67% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Godollo at $1,244. In Medellin it covers expenses comfortably, while in Godollo it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Godollo makes more sense. Both are solid long-term options with distinct trade-offs.