Cost of Living Comparison Between Medellin and Grenada Cost of Living Comparison Between Medellin and Grenada

Monthly Cost of Living

Monthly costs for one person with rent: $1,687 in Medellin versus $1,396 in Grenada.

Estimated couple costs with rent: $2,535 in Medellin versus $2,024 in Grenada.

Monthly costs for a family of three with rent: $3,383 in Medellin versus $2,651 in Grenada.

Living in Medellin is roughly 21% more expensive than in Grenada, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Medellin 23% above, Grenada 2% above.

Meal at Budget Restaurant

$7.89 COP 24.2K

$11.86 EC$32.03

-33.47%

Three-Course Dinner for Two, Mid-Range

$44.53 COP 136.5K

$44.14 EC$119

0.88%

Fast Food Meal (McDonalds, etc)

$9.29 COP 28.5K

$8.31 EC$22.43

11.79%

Cappuccino

$2.90 COP 8,874

$2.85 EC$7.68

1.75%

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

$1.81 COP 5,541

$2.05 EC$5.55

-11.71%

Water (0.33 liter bottle)

$1.55 COP 4,741

$1.54 EC$4.15

0.65%

Local Beer (0.5 liter draught)

$3.25 COP 9,962

$1.83 EC$4.95

77.60%

Imported Beer (0.33 liter bottle)

$5.88 COP 18.0K

$3.68 EC$9.95

59.78%

Milk (1 liter)

$1.38 COP 4,230

$4.45 EC$12.00

-68.99%

White Bread (500g)

$2.45 COP 7,517

$1.93 EC$5.22

26.94%

Rice (white) (1kg)

$1.51 COP 4,617

$1.94 EC$5.23

-22.16%

Eggs

$2.78 COP 8,516

$4.24 EC$11.45

-34.43%

Local Cheese (1kg)

$9.05 COP 27.7K

Chicken Fillets (1kg)

$10.65 COP 32.6K

Beef Round Steak (1kg)

$14.63 COP 44.8K

$19.44 EC$52.5

-24.74%

Apples (1kg)

$3.97 COP 12.2K

Banana (1kg)

$1.38 COP 4,219

Oranges (1kg)

$2.30 COP 7,056

Tomato (1kg)

$2.02 COP 6,185

Potato (1kg)

$2.09 COP 6,390

$8.26 EC$22.29

-74.70%

Onion (1kg)

$1.63 COP 4,996

Lettuce (1 head)

$1.08 COP 3,313

$1.81 EC$4.88

-40.33%

Water (1.5 liter bottle)

$1.25 COP 3,843

$3.74 EC$10.10

-66.58%

Cigarettes 20 Pack (Marlboro, Camel)

$4.03 COP 12.4K

$5.45 EC$14.72

-26.06%

Wine (Bottle)

$13.47 COP 41.3K

$11.04 EC$29.80

22.01%

Local Beer (0.5 liter bottle)

$1.60 COP 4,904

$1.44 EC$3.88

11.11%

Imported Beer (0.33 liter bottle)

$3.00 COP 9,189

$2.88 EC$7.77

4.17%

One-way Ticket (Public Transport)

$1.18 COP 3,611

$1.55 EC$4.18

-23.87%

Public Transport Monthly Pass (Regular Price)

$79.9 COP 244.9K

$49.08 EC$133

62.88%

Taxi Start (Normal Tariff)

$1.61 COP 4,920

$6.78 EC$18.30

-76.25%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,533

Taxi 1hour Waiting (Normal Tariff)

$8.52 COP 26.1K

$9.40 EC$25.37

-9.36%

Gasoline (1 liter)

$1.35 COP 4,142

$1.38 EC$3.74

-2.17%

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

$28.3K COP 86.8M

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

$35.7K COP 109.4M

$16.4K EC$44.3K

117.75%

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

$151 COP 463.8K

$204 EC$552

-25.91%

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

$13.10 COP 40.1K

$44.21 EC$119

-70.37%

Internet (50+ Mbps, Unlimited Data)

$32.30 COP 99.0K

$48.61 EC$131

-33.55%

Gym Membership (Monthly)

$46.33 COP 141.9K

$35.25 EC$95.2

31.43%

Tennis Court (1 Hour on Weekend)

$17.26 COP 52.9K

$17.33 EC$46.80

-0.40%

Cinema Ticket

$6.43 COP 19.7K

$9.08 EC$24.53

-29.19%

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

$835 COP 2.6M

International Primary School, 1 Child (Yearly)

$8,887 COP 27.2M

Jeans (Levis 501 Or Similar)

$89.3 COP 273.7K

Summer Dress (H&M, Zara, etc)

$55.3 COP 169.5K

Sport Shoes (Adidas, Nike)

$137 COP 418.5K

Men's Leather Business Shoes

$109 COP 335.1K

1-bedroom Apartment, City Center (Monthly)

$952 COP 2.9M

$679 EC$1,833

40.23%

1-bedroom Apartment, Outside City Center (Monthly)

$668 COP 2.0M

$570 EC$1,540

17.14%

3-bedroom Apartment, City Center (Monthly)

$2,020 COP 6.2M

$1,194 EC$3,224

69.16%

3-bedroom Apartment, Outside City Center (Monthly)

$1,148 COP 3.5M

$911 EC$2,460

26.05%

Buy Apartment in City Center (m2)

$3,696 COP 11.3M

Buy Apartment Outside City Center (m2)

$1,586 COP 4.9M

Average Monthly Net Salary (After Tax)

$625 COP 1.9M

$872 EC$2,353

-28.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.43

30.37%

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

Last update for Medellin: August 17, 2026

Last update for Grenada: August 16, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $952 in Medellin and $679 in Grenada. Housing cost is often the main lever when comparing two cities.

Grenada pays 39% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $45.00 in Medellin vs $44.00 in Grenada for a mid-range dinner for two. Groceries echo the gap at $297 vs $259 per month, with Grenada 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 Grenada: Cost of Living - Frequently Asked Questions

Medellin and Grenada differ by about 21% in total monthly costs ($1,687 vs $1,396 including rent). Grenada is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 39% lower in Grenada. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $952 in Medellin versus $679 in Grenada. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Grenada – a meal for two runs $44.00 versus $45.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Grenada runs roughly 63% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,396 in Grenada versus $1,687 in Medellin, a $2,000 budget is realistic in Grenada but tight or insufficient in Medellin. The gap between the two cities makes Grenada the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Medellin and Grenada are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Grenada gentler on the wallet – expenses run 21% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.