Cost of Living Comparison Between Medellin and Isla de Margarita Cost of Living Comparison Between Medellin and Isla de Margarita

🙂 Solo nomad: Medellin is 19.4% cheaper than Isla de Margarita without rent, and 59% more expensive with rent.

🙂 Family of 3: Medellin is 10.9% cheaper than Isla de Margarita without rent, and 21.6% more expensive with rent.

Meal at Budget Restaurant

$5.97 COP 21.9K

$10.13 VES 3,489

-41.07%

Three-Course Dinner for Two, Mid-Range

$32.40 COP 119.0K

$81.2 VES 28.0K

-60.09%

Fast Food Meal (McDonalds, etc)

$7.13 COP 26.2K

Cappuccino

$1.65 COP 6,043

$2.48 VES 854

-33.47%

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

$1.06 COP 3,882

$1.01 VES 348

4.95%

Water (0.33 liter bottle)

$0.77 COP 2,839

$1.52 VES 523

-49.34%

Local Beer (0.5 liter draught)

$1.75 COP 6,419

$0.99 VES 340

76.77%

Imported Beer (0.33 liter bottle)

$3.06 COP 11.2K

$3.02 VES 1,041

1.32%

Milk (1 liter)

$1.10 COP 4,026

$1.99 VES 684

-44.72%

White Bread (500g)

$1.30 COP 4,771

$3.06 VES 1,053

-57.52%

Rice (white) (1kg)

$1.34 COP 4,906

$2.02 VES 695

-33.66%

Eggs

$2.26 COP 8,300

$2.44 VES 842

-7.38%

Local Cheese (1kg)

$4.50 COP 16.5K

$8.15 VES 2,808

-44.79%

Chicken Fillets (1kg)

$5.80 COP 21.3K

$7.96 VES 2,742

-27.14%

Beef Round Steak (1kg)

$8.96 COP 32.9K

$7.81 VES 2,692

14.72%

Apples (1kg)

$2.37 COP 8,692

$4.03 VES 1,388

-41.19%

Banana (1kg)

$1.07 COP 3,940

$1.52 VES 525

-29.61%

Oranges (1kg)

$1.48 COP 5,419

$2.05 VES 707

-27.80%

Tomato (1kg)

$1.36 COP 5,012

$2.47 VES 852

-44.94%

Potato (1kg)

$1.13 COP 4,136

$1.54 VES 530

-26.62%

Onion (1kg)

$1.13 COP 4,161

$1.85 VES 637

-38.92%

Lettuce (1 head)

$0.89 COP 3,275

$0.98 VES 339

-9.18%

Water (1.5 liter bottle)

$0.85 COP 3,114

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,361

Wine (Bottle)

$10.15 COP 37.3K

$5.06 VES 1,742

100.59%

Local Beer (0.5 liter bottle)

$1.19 COP 4,359

$0.98 VES 339

21.43%

Imported Beer (0.33 liter bottle)

$2.40 COP 8,829

$1.54 VES 531

55.84%

One-way Ticket (Public Transport)

$0.84 COP 3,075

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.48 COP 5,417

$3.02 VES 1,039

-50.99%

Taxi (Normal Tariff) (1km)

$1.89 COP 6,950

$3.05 VES 1,051

-38.03%

Taxi 1hour Waiting (Normal Tariff)

$8.05 COP 29.5K

Gasoline (1 liter)

$0.94 COP 3,455

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

$17.7K COP 65.2M

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

$26.4K COP 96.8M

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

$81.9 COP 300.7K

$29.50 VES 10.2K

177.59%

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

$9.54 COP 35.0K

$15.19 VES 5,232

-37.20%

Internet (50+ Mbps, Unlimited Data)

$23.68 COP 87.0K

$40.51 VES 14.0K

-41.55%

Gym Membership (Monthly)

$25.85 COP 94.9K

$49.50 VES 17.1K

-47.78%

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

$15.23 VES 5,246

22.92%

Cinema Ticket

$4.05 COP 14.9K

$4.96 VES 1,707

-18.35%

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

$316 COP 1.2M

International Primary School, 1 Child (Yearly)

$5,971 COP 21.9M

Jeans (Levis 501 Or Similar)

$59.0 COP 216.5K

$79.4 VES 27.3K

-25.74%

Summer Dress (H&M, Zara, etc)

$32.49 COP 119.3K

Sport Shoes (Adidas, Nike)

$99.9 COP 366.7K

$102 VES 35.0K

-1.82%

Men's Leather Business Shoes

$108 COP 394.9K

$99.1 VES 34.2K

8.47%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

$303 VES 104.5K

62.01%

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

$491 VES 169.1K

67.32%

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

$607 VES 209.1K

397.41%

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: January 12, 2026

Last update for Isla de Margarita: January 13, 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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