Last update: Oct 2026

Cost of Living Comparison Between Medellin and Granada

For one person, living costs are similar in Medellin and in Granada: $1,589 and $1,656 a month, rent and utilities included.

77

Cost of Living Index in Medellin
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Medellin Living Index
80

Cost of Living Index in Granada
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Granada Living Index

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Medellin

🇨🇴 Colombia

$1,589

/mo nomad

Granada

🇪🇸 Spain

$1,656

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Granada

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Granada actually costs, broken down by who's living it.

A single person spends $1,589 per month in Medellin vs $1,656 in Granada, rent included.

Medellin $1,589
Granada $1,656

A couple spends around $2,364 per month in Medellin vs $2,314 in Granada, rent included.

Medellin $2,364
Granada $2,314

A family of three spends $3,139 per month in Medellin vs $2,973 in Granada, rent included.

Medellin $3,139
Granada $2,973

Medellin is about 4% cheaper than Granada, and outside of rent the biggest gap is in eating out.

Both Medellin and Granada sit above the global median – Medellin by 19%, Granada by 24%.

Meal at Budget Restaurant

$8.01 COP 25.5K

$15.83 €14.13

-49.40%

Three-Course Dinner for Two, Mid-Range

$46.55 COP 148.3K

$38.88 €34.70

19.73%

Fast Food Meal (McDonalds, etc)

$9.43 COP 30.1K

$9.22 €8.22

2.28%

Cappuccino

$2.91 COP 9,277

$2.31 €2.07

25.97%

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

$1.75 COP 5,585

$2.98 €2.66

-41.28%

Water (0.33 liter bottle)

$1.32 COP 4,218

$2.25 €2.01

-41.33%

Local Beer (0.5 liter draught)

$3.13 COP 9,969

$3.43 €3.06

-8.75%

Imported Beer (0.33 liter bottle)

$5.55 COP 17.7K

$4.51 €4.03

23.06%

Milk (1 liter)

$1.41 COP 4,495

$1.26 €1.12

11.90%

White Bread (500g)

$2.44 COP 7,777

$1.44 €1.29

69.44%

Rice (white) (1kg)

$1.63 COP 5,191

$1.67 €1.49

-2.40%

Eggs

$2.82 COP 8,990

$3.25 €2.90

-13.23%

Local Cheese (1kg)

$9.69 COP 30.9K

$17.24 €15.38

-43.79%

Chicken Fillets (1kg)

$9.32 COP 29.7K

$7.40 €6.61

25.95%

Beef Round Steak (1kg)

$13.46 COP 42.9K

$14.94 €13.33

-9.91%

Apples (1kg)

$4.00 COP 12.8K

$2.54 €2.26

57.48%

Banana (1kg)

$1.48 COP 4,719

$2.14 €1.91

-30.84%

Oranges (1kg)

$2.12 COP 6,768

$1.91 €1.71

10.99%

Tomato (1kg)

$2.25 COP 7,178

$2.39 €2.13

-5.86%

Potato (1kg)

$1.91 COP 6,092

$1.95 €1.74

-2.05%

Onion (1kg)

$1.62 COP 5,160

$2.15 €1.91

-24.65%

Lettuce (1 head)

$1.15 COP 3,658

$1.07 €0.95

7.48%

Water (1.5 liter bottle)

$1.26 COP 4,021

$0.73 €0.65

72.60%

Cigarettes 20 Pack (Marlboro, Camel)

$3.82 COP 12.2K

$6.55 €5.84

-41.68%

Wine (Bottle)

$13.11 COP 41.8K

$4.90 €4.37

167.55%

Local Beer (0.5 liter bottle)

$1.60 COP 5,083

$1.09 €0.97

46.79%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,188

$1.63 €1.45

38.65%

One-way Ticket (Public Transport)

$1.17 COP 3,731

$1.78 €1.59

-34.27%

Public Transport Monthly Pass (Regular Price)

$75.0 COP 239.0K

$39.72 €35.44

88.87%

Taxi Start (Normal Tariff)

$1.27 COP 4,056

$5.47 €4.88

-76.78%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,531

$2.23 €1.99

-8.07%

Taxi 1hour Waiting (Normal Tariff)

$8.20 COP 26.1K

$28.29 €25.25

-71.01%

Gasoline (1 liter)

$1.27 COP 4,046

$1.70 €1.52

-25.29%

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

$26.8K COP 85.3M

$35.2K €31.4K

-23.86%

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

$34.4K COP 109.6M

$29.3K €26.2K

17.28%

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

$162 COP 516.9K

$162 €145

-0.06%

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

$13.12 COP 41.8K

$12.97 €11.57

1.16%

Internet (50+ Mbps, Unlimited Data)

$28.09 COP 89.5K

$26.81 €23.93

4.77%

Gym Membership (Monthly)

$44.33 COP 141.2K

$44.90 €40.07

-1.27%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.0K

$19.92 €17.78

-18.02%

Cinema Ticket

$6.09 COP 19.4K

$8.97 €8.00

-32.11%

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

$764 COP 2.4M

$347 €310

120.11%

International Primary School, 1 Child (Yearly)

$8,904 COP 28.4M

$7,876 €7,029

13.06%

Jeans (Levis 501 Or Similar)

$85.0 COP 270.8K

$63.5 €56.7

33.85%

Summer Dress (H&M, Zara, etc)

$57.5 COP 183.2K

$33.05 €29.50

73.95%

Sport Shoes (Adidas, Nike)

$132 COP 419.8K

$76.0 €67.8

73.41%

Men's Leather Business Shoes

$95.8 COP 305.1K

$89.4 €79.7

7.16%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$882 €788

16.52%

1-bedroom Apartment, Outside City Center (Monthly)

$604 COP 1.9M

$718 €641

-15.86%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.7M

$1,257 €1,122

43.30%

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

$955 €853

3.88%

Buy Apartment in City Center (m2)

$3,921 COP 12.5M

$3,351 €2,990

17.02%

Buy Apartment Outside City Center (m2)

$1,639 COP 5.2M

$2,239 €1,998

-26.82%

Average Monthly Net Salary (After Tax)

$626 COP 2.0M

$1,870 €1,669

-66.52%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.32

229.52%

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

Last update for Medellin: October 6, 2026

Last update for Granada: October 6, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$604 38.3%

Granada

$718 43.3% 18.9% $114

Groceries & Markets

Medellin

$288 18.3%

Granada

$267 16.1% 7.4% $21

Monthly Utilities & Internet

Medellin

$203 12.9%

Granada

$202 12.2% 0.7% $1.3

Clothing & Footwear

Medellin

$166 10.6%

Granada

$118 7.1% 29.2% $49

Eating Out

Medellin

$166 10.6%

Granada

$229 13.8% 37.8% $63

Getting Around

Medellin

$91 5.8%

Granada

$63 3.8% 30.5% $28

Sport & Entertainment

Medellin

$57 3.6%

Granada

$63 3.8% 11.2% $6.3

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $882 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 199% higher in Granada, 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 $47.00 in Medellin versus $39.00 in Granada. Monthly groceries follow the same trend: $288 vs $267 – making Granada the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇪🇸 Granada

🕒 Local time

02:04 2:04 AM

09:04 9:04 AM

7 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

230,595

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,574 COP (10,000 COP = 2.8 EUR).

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Granada 7,990 km ≈ 10 h nonstop flight

From you

Medellin
Granada

Distances are measured in a straight line. Your location is detected approximately.

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

Granada costs about 4% more than Medellin, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,384 per month in Medellin and $2,484 in Granada. 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.

Interestingly, groceries are about 8% cheaper in Granada – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $47.00 in Medellin and $39.00 in Granada. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,589, than in Granada at $1,656. In Medellin it covers expenses comfortably, while in Granada it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,589 versus $1,656 in Granada. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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, Granada makes more sense. Both are solid long-term options with distinct trade-offs.