Cost of Living Comparison Between Medellin and Granada Cost of Living Comparison Between Medellin and Granada

Monthly Cost of Living

A single person spends $1,034 per month in Medellin vs $809 in Granada, rent included.

A couple spends around $1,577 per month in Medellin vs $1,217 in Granada, rent included.

A family of three spends $2,120 per month in Medellin vs $1,625 in Granada, rent included.

Medellin costs about 28% more than Granada, driven mainly by Clothing & Footwear.

Both Medellin and Granada are more affordable than the global median – Medellin 23% lower, Granada 40% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$4.34 NIO 160

36.41%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$33.10 NIO 1,217

-1.06%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$6.82 NIO 251

5.57%

Cappuccino

$1.70 COP 6,140

$2.06 NIO 75.9

-17.48%

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

$1.10 COP 3,966

$0.83 NIO 30.68

32.53%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.63 NIO 23.20

14.29%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$1.27 NIO 46.67

31.50%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$2.04 NIO 75.2

51.96%

Milk (1 liter)

$1.06 COP 3,809

$1.20 NIO 44.22

-11.67%

White Bread (500g)

$1.25 COP 4,497

$1.18 NIO 43.48

5.93%

Rice (white) (1kg)

$1.39 COP 5,022

$0.82 NIO 30.10

69.51%

Eggs

$2.26 COP 8,168

$1.49 NIO 54.8

51.68%

Local Cheese (1kg)

$4.33 COP 15.6K

$3.86 NIO 142

12.18%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$4.97 NIO 183

17.51%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$7.99 NIO 294

10.51%

Apples (1kg)

$2.24 COP 8,099

$3.83 NIO 141

-41.51%

Banana (1kg)

$1.08 COP 3,882

$0.85 NIO 31.18

27.06%

Oranges (1kg)

$1.53 COP 5,522

$1.77 NIO 65.1

-13.56%

Tomato (1kg)

$1.37 COP 4,950

$0.96 NIO 35.23

42.71%

Potato (1kg)

$1.13 COP 4,078

$2.22 NIO 81.5

-49.10%

Onion (1kg)

$1.12 COP 4,036

$1.07 NIO 39.32

4.67%

Lettuce (1 head)

$0.85 COP 3,057

$0.98 NIO 36.06

-13.27%

Water (1.5 liter bottle)

$0.91 COP 3,281

$1.06 NIO 38.79

-14.15%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$2.63 NIO 96.8

-11.41%

Wine (Bottle)

$11.13 COP 40.2K

$9.81 NIO 361

13.46%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$1.40 NIO 51.3

-15.00%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$1.59 NIO 58.3

49.06%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$0.10 NIO 3.64

690.00%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

$3.92 NIO 144

949.23%

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$0.57 NIO 21.08

152.63%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$0.59 NIO 21.59

223.73%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$6.90 NIO 254

16.23%

Gasoline (1 liter)

$0.94 COP 3,385

$1.26 NIO 46.32

-25.40%

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

$17.9K COP 64.7M

$22.9K NIO 841.6K

-21.72%

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

$26.8K COP 96.7M

$26.3K NIO 965.4K

2.02%

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

$84.0 COP 303.1K

$98.5 NIO 3,619

-14.73%

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

$9.60 COP 34.7K

$16.94 NIO 623

-43.33%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$36.97 NIO 1,359

-34.65%

Gym Membership (Monthly)

$25.88 COP 93.4K

$34.38 NIO 1,264

-24.72%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

Cinema Ticket

$3.92 COP 14.1K

$8.18 NIO 301

-52.08%

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

$306 COP 1.1M

$125 NIO 4,583

145.76%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$5,941 NIO 218.4K

-0.37%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$15.17 NIO 558

281.74%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$29.92 NIO 1,100

6.35%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$34.48 NIO 1,268

189.73%

Men's Leather Business Shoes

$107 COP 386.8K

$36.20 NIO 1,331

195.97%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$384 NIO 14.1K

26.89%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$277 NIO 10.2K

32.93%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$601 NIO 22.1K

37.28%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$440 NIO 16.2K

62.86%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$168 NIO 6,174

224.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

10.25

31.02%

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

Last update for Medellin: April 27, 2026

Last update for Granada: April 27, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $384 in Granada. 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 225% higher in Medellin, 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 $33.00 in Granada. Groceries tell a different story – $190 in Medellin vs $185 in Granada – so Granada wins on supermarket bills even if dining out costs more.

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 Granada: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,034 in Medellin, $809 in Granada – roughly 28% apart. Medellin costs more across the board, with Clothing & Footwear showing the biggest gap.

For a comfortable life, plan on about $1,550 per month in Medellin and $1,214 in Granada. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 949% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $306 per month in Medellin and $125 in Granada. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Granada, where all-in costs run around $809, than in Medellin at $1,034. In Granada it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $809 in Granada to $1,034 in Medellin. Climate, culture, job market, and personal taste all factor in.

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