😐Monthly costs for one person with rent: $1,641 in Medellin versus $1,456 in Jaco Beach.
😐Estimated couple costs with rent: $2,447 in Medellin versus $2,288 in Jaco Beach.
😐Monthly costs for a family of three with rent: $3,253 in Medellin versus $3,120 in Jaco Beach.
🌍Living in Medellin is roughly 13% more expensive than in Jaco Beach, driven mainly by Getting Around.
📊Both cities are pricier than the global median: Medellin19% above, Jaco Beach6% above.
Currency
🍽 Eating Out
Medellin
Jaco Beach
Difference
Meal at Budget Restaurant
$8.04COP 24.8K
$11.65₡5,213
-30.99%
Three-Course Dinner for Two, Mid-Range
$48.29COP 148.6K
$44.54₡19.9K
8.42%
Fast Food Meal(McDonalds, etc)
$9.42COP 29.0K
$9.67₡4,329
-2.59%
Cappuccino
$2.94COP 9,040
$4.06₡1,819
-27.59%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.86COP 5,735
$2.41₡1,078
-22.82%
Water(0.33 liter bottle)
$1.46COP 4,479
$1.87₡838
-21.93%
Local Beer(0.5 liter draught)
$3.21COP 9,882
$3.23₡1,447
-0.62%
Imported Beer(0.33 liter bottle)
$5.71COP 17.6K
$4.29₡1,920
33.10%
🛒 Groceries & Markets
Medellin
Jaco Beach
Difference
Milk(1 liter)
$1.44COP 4,428
$1.97₡882
-26.90%
White Bread(500g)
$2.40COP 7,389
$2.22₡996
8.11%
Rice(white)(1kg)
$1.70COP 5,228
$2.48₡1,112
-31.45%
Eggs
$2.89COP 8,896
$2.63₡1,178
9.89%
Local Cheese(1kg)
$10.06COP 30.9K
$10.62₡4,751
-5.27%
Chicken Fillets(1kg)
$9.97COP 30.7K
$8.96₡4,008
11.27%
Beef Round Steak(1kg)
$14.20COP 43.7K
$12.14₡5,432
16.97%
Apples(1kg)
$3.98COP 12.3K
$4.94₡2,211
-19.43%
Banana(1kg)
$1.58COP 4,878
$1.57₡701
0.64%
Oranges(1kg)
$2.15COP 6,624
$4.56₡2,041
-52.85%
Tomato(1kg)
$2.30COP 7,078
$3.56₡1,592
-35.39%
Potato(1kg)
$2.00COP 6,169
$1.55₡692
29.03%
Onion(1kg)
$1.51COP 4,646
$1.47₡659
2.72%
Lettuce(1 head)
$1.20COP 3,701
$0.95₡426
26.32%
Water(1.5 liter bottle)
$1.28COP 3,946
$1.92₡860
-33.33%
Cigarettes 20 Pack(Marlboro, Camel)
$3.84COP 11.8K
$5.81₡2,601
-33.91%
Wine(Bottle)
$14.01COP 43.1K
$14.11₡6,314
-0.71%
Local Beer(0.5 liter bottle)
$1.71COP 5,256
$2.61₡1,168
-34.48%
Imported Beer(0.33 liter bottle)
$2.74COP 8,440
$2.22₡996
23.42%
🚌 Getting Around
Medellin
Jaco Beach
Difference
One-way Ticket(Public Transport)
$1.25COP 3,834
-
-
Public Transport Monthly Pass(Regular Price)
$77.9COP 239.7K
-
-
Taxi Start(Normal Tariff)
$1.31COP 4,016
$2.41₡1,078
-45.64%
Taxi(Normal Tariff)(1km)
$2.17COP 6,680
$1.63₡730
33.13%
Taxi 1hour Waiting(Normal Tariff)
$8.29COP 25.5K
$8.66₡3,875
-4.27%
Gasoline(1 liter)
$1.36COP 4,172
$1.53₡683
-11.11%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.5KCOP 84.5M
$22.3K₡10.0M
23.09%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.5KCOP 112.4M
$34.8K₡15.6M
4.93%
🧾 Monthly Utilities & Internet
Medellin
Jaco Beach
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$169COP 519.2K
$79.9₡35.8K
111.08%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.57COP 41.8K
$24.02₡10.7K
-43.51%
Internet(50+ Mbps, Unlimited Data)
$28.32COP 87.2K
$47.07₡21.1K
-39.83%
🎉 Sport & Entertainment
Medellin
Jaco Beach
Difference
Gym Membership(Monthly)
$45.71COP 140.7K
$53.9₡24.1K
-15.19%
Tennis Court(1 Hour on Weekend)
$17.22COP 53.0K
-
-
Cinema Ticket
$6.65COP 20.5K
$8.19₡3,663
-18.80%
🧸 Childcare & Education
Medellin
Jaco Beach
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$803COP 2.5M
$483₡216.1K
66.40%
International Primary School, 1 Child(Yearly)
$9,190COP 28.3M
$7,329₡3.3M
25.39%
👕👟 Clothing & Footwear
Medellin
Jaco Beach
Difference
Jeans(Levis 501 Or Similar)
$87.4COP 268.8K
$24.95₡11.2K
250.14%
Summer Dress(H&M, Zara, etc)
$59.4COP 182.7K
$56.9₡25.5K
4.30%
Sport Shoes(Adidas, Nike)
$139COP 427.5K
$130₡58.1K
7.08%
Men's Leather Business Shoes
$102COP 314.0K
$132₡59.0K
-22.57%
🏠 Accommodation & Living
Medellin
Jaco Beach
Difference
1-bedroom Apartment, City Center(Monthly)
$1,071COP 3.3M
$771₡345.0K
38.91%
1-bedroom Apartment, Outside City Center(Monthly)
$653COP 2.0M
$533₡238.6K
22.48%
3-bedroom Apartment, City Center(Monthly)
$1,925COP 5.9M
$1,995₡892.8K
-3.51%
3-bedroom Apartment, Outside City Center(Monthly)
$1,048COP 3.2M
$1,114₡498.6K
-5.93%
Buy Apartment in City Center(m2)
$4,123COP 12.7M
-
-
Buy Apartment Outside City Center(m2)
$1,697COP 5.2M
-
-
💵 Salaries & Financials
Medellin
Jaco Beach
Difference
Average Monthly Net Salary(After Tax)
$655COP 2.0M
$405₡181.3K
61.69%
20-Year Fixed Mortgage Interest Rate(Annual %)
10.94
8.78
24.60%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Medellin: September 7, 2026
Last update for Jaco Beach: September 6, 2026
Cost Breakdown
🏠A one-bedroom apartment in the center runs $1,071 in Medellin and $771 in Jaco Beach. Housing cost is often the main lever when comparing two cities.
💰Medellin pays 62% 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: $48.00 in Medellin vs $45.00 in Jaco Beach. Groceries flip the comparison at $300 vs $326, with Medellin cheaper for home cooking.
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 Jaco Beach: Cost of Living - Frequently Asked Questions
Is Jaco Beach cheaper than Medellin?
Jaco Beach is cheaper overall, especially in Clothing & Footwear, Getting Around. The 13% gap adds up to real monthly savings that compound significantly over time.
Where can you earn more: Medellin or Jaco Beach?
Average pay runs 62% higher in Medellin, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
What is the rent difference between Medellin and Jaco Beach?
Rent for a central apartment: $1,071 in Medellin versus $771 in Jaco Beach. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper kindergarten?
Childcare runs $803 in Medellin versus $483 in Jaco Beach. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Is eating out cheaper in Medellin or in Jaco Beach?
Dining out is cheaper in Jaco Beach – a meal for two runs $45.00 versus $48.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.
Is $1,500 a realistic budget for living in Medellin or in Jaco Beach?
At $1,456 in Jaco Beach versus $1,641 in Medellin, a $1,500 budget is realistic in Jaco Beach but tight or insufficient in Medellin. The gap between the two cities makes Jaco Beach the clear choice for anyone on this budget.
Is Medellin or Jaco Beach more family-friendly?
For families, Jaco Beach is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.
Which city is safer, Medellin or Jaco Beach?
Safety-wise, Medellin and Jaco Beach are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is easier to live in as a foreigner?
Expats usually find Jaco Beach 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.