Last update: Oct 2026

Cost of Living Comparison Between Medellin and Homestead, FL

For one person, living is cheaper in Medellin: $1,589 a month against $3,316 in Homestead, FL, rent and utilities included – about $20,700 less a year. Rent and utilities account for most of the difference.

77

Cost of Living Index in Medellin
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Medellin Living Index
163

Cost of Living Index in Homestead, FL
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Homestead, FL Living Index

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Medellin

🇨🇴 Colombia

$1,589

/mo nomad

Homestead, FL

🇺🇸 United States

$3,316

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Homestead, FL

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

Monthly costs for one person with rent: $1,589 in Medellin versus $3,316 in Homestead, FL.

Medellin $1,589
Homestead, FL $3,316

Estimated couple costs with rent: $2,364 in Medellin versus $4,760 in Homestead, FL.

Medellin $2,364
Homestead, FL $4,760

Monthly costs for a family of three with rent: $3,139 in Medellin versus $6,204 in Homestead, FL.

Medellin $3,139
Homestead, FL $6,204

Living in Medellin costs roughly 52% less than in Homestead, FL, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Medellin 19% above, Homestead, FL 147% above.

Meal at Budget Restaurant

$8.01 COP 25.5K

$19.91 $19.91

-59.77%

Three-Course Dinner for Two, Mid-Range

$46.55 COP 148.3K

$73.6 $73.6

-36.79%

Fast Food Meal (McDonalds, etc)

$9.43 COP 30.1K

$10.09 $10.09

-6.54%

Cappuccino

$2.91 COP 9,277

$5.09 $5.09

-42.83%

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

$1.75 COP 5,585

$2.02 $2.02

-13.37%

Water (0.33 liter bottle)

$1.32 COP 4,218

$1.94 $1.94

-31.96%

Local Beer (0.5 liter draught)

$3.13 COP 9,969

$5.16 $5.16

-39.34%

Imported Beer (0.33 liter bottle)

$5.55 COP 17.7K

$7.46 $7.46

-25.60%

Milk (1 liter)

$1.41 COP 4,495

$0.83 $0.83

69.88%

White Bread (500g)

$2.44 COP 7,777

$2.52 $2.52

-3.17%

Rice (white) (1kg)

$1.63 COP 5,191

$3.17 $3.17

-48.58%

Eggs

$2.82 COP 8,990

$3.95 $3.95

-28.61%

Local Cheese (1kg)

$9.69 COP 30.9K

$13.21 $13.21

-26.65%

Chicken Fillets (1kg)

$9.32 COP 29.7K

$6.73 $6.73

38.48%

Beef Round Steak (1kg)

$13.46 COP 42.9K

$15.03 $15.03

-10.45%

Apples (1kg)

$4.00 COP 12.8K

$4.01 $4.01

-0.25%

Banana (1kg)

$1.48 COP 4,719

$1.58 $1.58

-6.33%

Oranges (1kg)

$2.12 COP 6,768

$4.47 $4.47

-52.57%

Tomato (1kg)

$2.25 COP 7,178

$5.30 $5.30

-57.55%

Potato (1kg)

$1.91 COP 6,092

$3.01 $3.01

-36.54%

Onion (1kg)

$1.62 COP 5,160

$3.39 $3.39

-52.21%

Lettuce (1 head)

$1.15 COP 3,658

$0.99 $0.99

16.16%

Water (1.5 liter bottle)

$1.26 COP 4,021

$2.06 $2.06

-38.83%

Cigarettes 20 Pack (Marlboro, Camel)

$3.82 COP 12.2K

$9.60 $9.60

-60.21%

Wine (Bottle)

$13.11 COP 41.8K

$13.98 $13.98

-6.22%

Local Beer (0.5 liter bottle)

$1.60 COP 5,083

$2.13 $2.13

-24.88%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,188

$2.48 $2.48

-8.87%

One-way Ticket (Public Transport)

$1.17 COP 3,731

$2.06 $2.06

-43.20%

Public Transport Monthly Pass (Regular Price)

$75.0 COP 239.0K

Taxi Start (Normal Tariff)

$1.27 COP 4,056

$3.25 $3.25

-60.92%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,531

$1.84 $1.84

11.41%

Taxi 1hour Waiting (Normal Tariff)

$8.20 COP 26.1K

$28.61 $28.61

-71.34%

Gasoline (1 liter)

$1.27 COP 4,046

$0.99 $0.99

28.28%

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

$26.8K COP 85.3M

$34.4K $34.4K

-22.19%

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

$34.4K COP 109.6M

$22.6K $22.6K

52.49%

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

$162 COP 516.9K

$173 $173

-6.08%

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

$13.12 COP 41.8K

$57.8 $57.8

-77.29%

Internet (50+ Mbps, Unlimited Data)

$28.09 COP 89.5K

$76.1 $76.1

-63.09%

Gym Membership (Monthly)

$44.33 COP 141.2K

$42.05 $42.05

5.42%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.0K

$30.45 $30.45

-46.37%

Cinema Ticket

$6.09 COP 19.4K

$12.68 $12.68

-51.97%

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

$764 COP 2.4M

$916 $916

-16.57%

International Primary School, 1 Child (Yearly)

$8,904 COP 28.4M

$15.1K $15.1K

-41.02%

Jeans (Levis 501 Or Similar)

$85.0 COP 270.8K

$42.34 $42.34

100.68%

Summer Dress (H&M, Zara, etc)

$57.5 COP 183.2K

$41.68 $41.68

37.93%

Sport Shoes (Adidas, Nike)

$132 COP 419.8K

$79.0 $79.0

66.76%

Men's Leather Business Shoes

$95.8 COP 305.1K

$103 $103

-7.42%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$2,176 $2,176

-52.76%

1-bedroom Apartment, Outside City Center (Monthly)

$604 COP 1.9M

$2,201 $2,201

-72.54%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.7M

$3,991 $3,991

-54.84%

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

$3,521 $3,521

-71.81%

Buy Apartment in City Center (m2)

$3,921 COP 12.5M

$2,933 $2,933

33.66%

Buy Apartment Outside City Center (m2)

$1,639 COP 5.2M

$2,540 $2,540

-35.50%

Average Monthly Net Salary (After Tax)

$626 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.25

75.04%

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

Last update for Medellin: October 6, 2026

Last update for Homestead, FL: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$604 38.3%

Homestead, FL

$2.2K 65.4% 264% $1.6K

Groceries & Markets

Medellin

$288 18.3%

Homestead, FL

$342 10.2% 18.7% $54

Monthly Utilities & Internet

Medellin

$203 12.9%

Homestead, FL

$307 9.1% 50.7% $103

Clothing & Footwear

Medellin

$166 10.6%

Homestead, FL

$120 3.6% 28% $47

Eating Out

Medellin

$166 10.6%

Homestead, FL

$307 9.1% 84.6% $141

Getting Around

Medellin

$91 5.8%

Homestead, FL

$21 * 0.6% 77.3% $71

Sport & Entertainment

Medellin

$57 3.6%

Homestead, FL

$67 2% 19.3% $11

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 $2,176 in Homestead, FL. Housing cost is often the main lever when comparing two cities.

Dining out: $47.00 in Medellin vs $74.0 in Homestead, FL for a mid-range dinner for two. Groceries echo the gap at $288 vs $342 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇺🇸 Homestead, FL

🕒 Local time

00:07 12:07 AM

01:07 1:07 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

80,737

💱 Currency

Colombian Peso COP $

United States Dollar USD $

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 USD = 0.892 EUR

Exchange rates and currency converter

USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 11, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,571 COP (10,000 COP = 2.8 EUR).

United States Dollar exchange rates as of October 11, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to COP in detail →

On the map

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Medellin Homestead, FL 2,200 km ≈ 3 h 15 min nonstop flight

From you

Medellin
Homestead, FL

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 Homestead, FL: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 109% lower than in Homestead, FL. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

You'd need roughly $2,384 in Medellin and $4,974 in Homestead, FL to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,028 in Medellin versus $2,176 in Homestead, FL. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 19% higher in Homestead, FL. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,589 per month in Medellin versus $3,316 in Homestead, FL – a 109% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,589 in Medellin versus $3,316 in Homestead, FL, a $1,500 budget is realistic in Medellin but tight or insufficient in Homestead, FL. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,589 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 109% less than in Homestead, FL. Beyond cost, consider language, visa policies, and how big the international community is in each city.