Cost of Living Comparison Between Medellin and Ibadan Cost of Living Comparison Between Medellin and Ibadan

😐 Solo nomad: Medellin is 67.8% more expensive than Ibadan without rent, and 27.9% more expensive with rent.

😐 Family of 3: Medellin is 72.8% more expensive than Ibadan without rent, and 4.6% cheaper with rent.

Meal at Budget Restaurant

$6.03 COP 22.9K

$1.84 ₦2,538

227.72%

Three-Course Dinner for Two, Mid-Range

$33.17 COP 125.7K

$28.44 ₦39.3K

16.63%

Fast Food Meal (McDonalds, etc)

$7.29 COP 27.6K

$5.36 ₦7,397

36.01%

Cappuccino

$1.63 COP 6,174

$1.05 ₦1,450

55.24%

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

$1.05 COP 3,974

$0.27 ₦369

288.89%

Water (0.33 liter bottle)

$0.77 COP 2,918

$0.17 ₦239

352.94%

Local Beer (0.5 liter draught)

$1.73 COP 6,554

$0.74 ₦1,024

133.78%

Imported Beer (0.33 liter bottle)

$3.18 COP 12.0K

$1.33 ₦1,833

139.10%

Milk (1 liter)

$1.07 COP 4,043

$2.27 ₦3,140

-52.86%

White Bread (500g)

$1.31 COP 4,968

$1.18 ₦1,634

11.02%

Rice (white) (1kg)

$1.38 COP 5,230

$2.10 ₦2,905

-34.29%

Eggs

$2.25 COP 8,515

$1.74 ₦2,409

29.31%

Local Cheese (1kg)

$4.48 COP 17.0K

$4.34 ₦5,998

3.23%

Chicken Fillets (1kg)

$5.74 COP 21.7K

$4.20 ₦5,805

36.67%

Beef Round Steak (1kg)

$8.86 COP 33.6K

$4.03 ₦5,559

119.85%

Apples (1kg)

$2.24 COP 8,496

$2.46 ₦3,403

-8.94%

Banana (1kg)

$1.06 COP 4,015

$1.18 ₦1,630

-10.17%

Oranges (1kg)

$1.51 COP 5,736

$1.22 ₦1,678

23.77%

Tomato (1kg)

$1.36 COP 5,154

$1.67 ₦2,308

-18.56%

Potato (1kg)

$1.12 COP 4,247

$2.14 ₦2,953

-47.66%

Onion (1kg)

$1.17 COP 4,430

$1.50 ₦2,068

-22.00%

Lettuce (1 head)

$0.90 COP 3,418

$0.90 ₦1,247

Water (1.5 liter bottle)

$0.84 COP 3,171

$0.33 ₦449

154.55%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 8,559

$1.26 ₦1,739

79.37%

Wine (Bottle)

$9.97 COP 37.8K

$3.04 ₦4,195

227.96%

Local Beer (0.5 liter bottle)

$1.18 COP 4,482

$0.64 ₦885

84.37%

Imported Beer (0.33 liter bottle)

$2.39 COP 9,054

$0.95 ₦1,312

151.58%

One-way Ticket (Public Transport)

$0.86 COP 3,255

$0.36 ₦491

138.89%

Public Transport Monthly Pass (Regular Price)

$41.45 COP 157.1K

$36.01 ₦49.7K

15.11%

Taxi Start (Normal Tariff)

$1.47 COP 5,559

$1.26 ₦1,734

16.67%

Taxi (Normal Tariff) (1km)

$1.95 COP 7,372

$1.08 ₦1,485

80.56%

Taxi 1hour Waiting (Normal Tariff)

$7.76 COP 29.4K

$3.64 ₦5,029

113.19%

Gasoline (1 liter)

$0.97 COP 3,665

$0.57 ₦783

70.18%

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

$17.9K COP 68.0M

$9,472 ₦13.1M

89.51%

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

$26.7K COP 101.2M

$14.2K ₦19.6M

88.53%

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

$81.1 COP 307.3K

$20.87 ₦28.8K

288.64%

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

$9.40 COP 35.6K

$7.82 ₦10.8K

20.20%

Internet (50+ Mbps, Unlimited Data)

$23.61 COP 89.4K

$19.80 ₦27.3K

19.24%

Gym Membership (Monthly)

$25.55 COP 96.8K

$30.32 ₦41.9K

-15.73%

Tennis Court (1 Hour on Weekend)

$19.29 COP 73.1K

Cinema Ticket

$4.10 COP 15.5K

$2.69 ₦3,710

52.42%

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

$306 COP 1.2M

$50.0 ₦69.0K

512.22%

International Primary School, 1 Child (Yearly)

$5,899 COP 22.3M

$1,919 ₦2.6M

207.46%

Jeans (Levis 501 Or Similar)

$59.8 COP 226.6K

$18.76 ₦25.9K

218.87%

Summer Dress (H&M, Zara, etc)

$31.96 COP 121.1K

$24.71 ₦34.1K

29.34%

Sport Shoes (Adidas, Nike)

$103 COP 389.1K

$42.90 ₦59.2K

139.39%

Men's Leather Business Shoes

$108 COP 408.7K

$29.27 ₦40.4K

268.53%

1-bedroom Apartment, City Center (Monthly)

$483 COP 1.8M

$452 ₦624.0K

6.94%

1-bedroom Apartment, Outside City Center (Monthly)

$377 COP 1.4M

$428 ₦591.2K

-11.86%

3-bedroom Apartment, City Center (Monthly)

$822 COP 3.1M

$1,215 ₦1.7M

-32.36%

3-bedroom Apartment, Outside City Center (Monthly)

$721 COP 2.7M

$1,271 ₦1.8M

-43.26%

Buy Apartment in City Center (m2)

$2,784 COP 10.5M

$822 ₦1.1M

238.64%

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

$52.0 ₦71.8K

2440.16%

Average Monthly Net Salary (After Tax)

$538 COP 2.0M

$119 ₦163.8K

353.34%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

16.33

-17.76%

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

Last update for Medellin: March 3, 2026

Last update for Ibadan: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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