Last update: Oct 2026

Cost of Living Comparison Between Medellin and Grenada

For one person, living is cheaper in Grenada: $1,408 a month against $1,589 in Medellin, rent and utilities included – about $2,200 less a year. The total is higher in Medellin despite lower rent and utilities.

77

Cost of Living Index in Medellin
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Medellin Living Index
66

Cost of Living Index in Grenada
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Grenada Living Index

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Medellin

🇨🇴 Colombia

$1,589

/mo nomad

Grenada

🇬🇩 Grenada

$1,408

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Grenada

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 Grenada actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,589 in Medellin versus $1,408 in Grenada.

Medellin $1,589
Grenada $1,408

Estimated couple costs with rent: $2,364 in Medellin versus $2,005 in Grenada.

Medellin $2,364
Grenada $2,005

Monthly costs for a family of three with rent: $3,139 in Medellin versus $2,602 in Grenada.

Medellin $3,139
Grenada $2,602

Living in Medellin is roughly 13% more expensive than in Grenada, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Medellin 19% above, Grenada 5% above.

Meal at Budget Restaurant

$8.01 COP 25.5K

$11.86 EC$32.03

-32.46%

Three-Course Dinner for Two, Mid-Range

$46.55 COP 148.3K

$45.06 EC$122

3.31%

Fast Food Meal (McDonalds, etc)

$9.43 COP 30.1K

$8.42 EC$22.75

12.00%

Cappuccino

$2.91 COP 9,277

$2.75 EC$7.42

5.82%

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

$1.75 COP 5,585

$2.03 EC$5.47

-13.79%

Water (0.33 liter bottle)

$1.32 COP 4,218

$1.52 EC$4.10

-13.16%

Local Beer (0.5 liter draught)

$3.13 COP 9,969

$1.81 EC$4.87

72.93%

Imported Beer (0.33 liter bottle)

$5.55 COP 17.7K

$3.73 EC$10.07

48.79%

Milk (1 liter)

$1.41 COP 4,495

$4.32 EC$11.65

-67.36%

White Bread (500g)

$2.44 COP 7,777

$1.80 EC$4.87

35.56%

Rice (white) (1kg)

$1.63 COP 5,191

$1.86 EC$5.01

-12.37%

Eggs

$2.82 COP 8,990

$4.18 EC$11.28

-32.54%

Local Cheese (1kg)

$9.69 COP 30.9K

Chicken Fillets (1kg)

$9.32 COP 29.7K

Beef Round Steak (1kg)

$13.46 COP 42.9K

$19.32 EC$52.2

-30.33%

Apples (1kg)

$4.00 COP 12.8K

Banana (1kg)

$1.48 COP 4,719

Oranges (1kg)

$2.12 COP 6,768

Tomato (1kg)

$2.25 COP 7,178

Potato (1kg)

$1.91 COP 6,092

$7.93 EC$21.42

-75.91%

Onion (1kg)

$1.62 COP 5,160

Lettuce (1 head)

$1.15 COP 3,658

$1.84 EC$4.97

-37.50%

Water (1.5 liter bottle)

$1.26 COP 4,021

$3.66 EC$9.89

-65.57%

Cigarettes 20 Pack (Marlboro, Camel)

$3.82 COP 12.2K

$5.38 EC$14.54

-29.00%

Wine (Bottle)

$13.11 COP 41.8K

$11.08 EC$29.93

18.32%

Local Beer (0.5 liter bottle)

$1.60 COP 5,083

$1.44 EC$3.88

11.11%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,188

$3.03 EC$8.19

-25.41%

One-way Ticket (Public Transport)

$1.17 COP 3,731

$1.52 EC$4.10

-23.03%

Public Transport Monthly Pass (Regular Price)

$75.0 COP 239.0K

$47.61 EC$129

57.57%

Taxi Start (Normal Tariff)

$1.27 COP 4,056

$6.68 EC$18.04

-80.99%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,531

Taxi 1hour Waiting (Normal Tariff)

$8.20 COP 26.1K

$9.01 EC$24.33

-8.99%

Gasoline (1 liter)

$1.27 COP 4,046

$1.39 EC$3.76

-8.63%

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

$26.8K COP 85.3M

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

$34.4K COP 109.6M

$16.9K EC$45.6K

103.58%

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

$162 COP 516.9K

$200 EC$539

-18.74%

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

$13.12 COP 41.8K

$44.37 EC$120

-70.43%

Internet (50+ Mbps, Unlimited Data)

$28.09 COP 89.5K

$48.32 EC$130

-41.87%

Gym Membership (Monthly)

$44.33 COP 141.2K

$34.07 EC$92.0

30.11%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.0K

$17.14 EC$46.27

-4.73%

Cinema Ticket

$6.09 COP 19.4K

$9.22 EC$24.90

-33.95%

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

$764 COP 2.4M

International Primary School, 1 Child (Yearly)

$8,904 COP 28.4M

Jeans (Levis 501 Or Similar)

$85.0 COP 270.8K

Summer Dress (H&M, Zara, etc)

$57.5 COP 183.2K

Sport Shoes (Adidas, Nike)

$132 COP 419.8K

Men's Leather Business Shoes

$95.8 COP 305.1K

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$685 EC$1,849

50.13%

1-bedroom Apartment, Outside City Center (Monthly)

$604 COP 1.9M

$549 EC$1,481

10.16%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.7M

$1,159 EC$3,130

55.46%

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

$913 EC$2,465

8.73%

Buy Apartment in City Center (m2)

$3,921 COP 12.5M

Buy Apartment Outside City Center (m2)

$1,639 COP 5.2M

Average Monthly Net Salary (After Tax)

$626 COP 2.0M

$438 EC$1,182

42.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

36.75%

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

Last update for Medellin: October 6, 2026

Last update for Grenada: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$604 38.3%

Grenada

$549 39.4% 9.2% $56

Groceries & Markets

Medellin

$288 18.3%

Grenada

$254 * 18.2% 12% $35

Monthly Utilities & Internet

Medellin

$203 12.9%

Grenada

$292 21% 43.7% $89

Clothing & Footwear

Medellin

$166 10.6%

Grenada

- * 0% 100%

Eating Out

Medellin

$166 10.6%

Grenada

$184 13.2% 10.5% $17

Getting Around

Medellin

$91 5.8%

Grenada

$60 * 4.3% 33.8% $31

Sport & Entertainment

Medellin

$57 3.6%

Grenada

$53 3.8% 7% $4

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,028 in Medellin and $685 in Grenada. Housing cost is often the main lever when comparing two cities.

Medellin pays 43% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $47.00 in Medellin vs $45.00 in Grenada for a mid-range dinner for two. Groceries echo the gap at $288 vs $254 per month, with Grenada cheaper across the board.

Good to know

🇨🇴 Medellin

🇬🇩 Grenada

🕒 Local time

00:06 12:06 AM

01:06 1:06 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

💱 Currency

Colombian Peso COP $

East Caribbean Dollar XCD $

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

Exchange rates and currency converter

XCD, USD, EUR 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).

East Caribbean Dollar exchange rates as of October 10, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

USD to COP in detail →

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Between locations

Medellin Grenada 1,660 km ≈ 2 h 30 min nonstop flight

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Medellin
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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 Grenada: Cost of Living - Frequently Asked Questions

Medellin and Grenada differ by about 13% in total monthly costs ($1,589 vs $1,408 including rent). Grenada is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 43% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,028 in Medellin versus $685 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 $45.00 versus $47.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

A monthly transit pass in Grenada runs roughly 58% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,408 in Grenada versus $1,589 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 13% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.