Cost of Living Comparison Between Medellin and Las Palmas de Gran Canaria Cost of Living Comparison Between Medellin and Las Palmas de Gran Canaria

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $1,780 in Las Palmas de Gran Canaria, rent included.

A couple spends around $2,527 per month in Medellin vs $2,665 in Las Palmas de Gran Canaria, rent included.

A family of three spends $3,338 per month in Medellin vs $3,551 in Las Palmas de Gran Canaria, rent included.

Medellin is about 4% cheaper than Las Palmas de Gran Canaria, driven mainly by Getting Around.

Both Medellin and Las Palmas de Gran Canaria sit above the global median – Medellin by 25%, Las Palmas de Gran Canaria by 30%.

Meal at Budget Restaurant

$8.03 COP 25.2K

$13.73 €11.80

-41.51%

Three-Course Dinner for Two, Mid-Range

$48.26 COP 151.7K

$74.9 €64.4

-35.58%

Fast Food Meal (McDonalds, etc)

$9.77 COP 30.7K

$10.84 €9.32

-9.87%

Cappuccino

$2.91 COP 9,149

$2.59 €2.23

12.36%

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

$1.94 COP 6,110

$2.20 €1.89

-11.82%

Water (0.33 liter bottle)

$1.52 COP 4,783

$1.76 €1.51

-13.64%

Local Beer (0.5 liter draught)

$3.09 COP 9,721

$3.11 €2.68

-0.64%

Imported Beer (0.33 liter bottle)

$5.74 COP 18.1K

$3.71 €3.19

54.72%

Milk (1 liter)

$1.36 COP 4,287

$1.19 €1.02

14.29%

White Bread (500g)

$2.39 COP 7,505

$1.74 €1.50

37.36%

Rice (white) (1kg)

$1.70 COP 5,346

$1.66 €1.43

2.41%

Eggs

$2.87 COP 9,021

$3.77 €3.24

-23.87%

Local Cheese (1kg)

$9.94 COP 31.2K

$12.70 €10.91

-21.73%

Chicken Fillets (1kg)

$10.78 COP 33.9K

$10.28 €8.84

4.86%

Beef Round Steak (1kg)

$14.73 COP 46.3K

$18.93 €16.28

-22.19%

Apples (1kg)

$4.09 COP 12.8K

$2.72 €2.34

50.37%

Banana (1kg)

$1.57 COP 4,940

$2.63 €2.26

-40.30%

Oranges (1kg)

$2.13 COP 6,682

$2.36 €2.02

-9.75%

Tomato (1kg)

$2.21 COP 6,959

$2.58 €2.22

-14.34%

Potato (1kg)

$2.05 COP 6,435

$2.38 €2.05

-13.87%

Onion (1kg)

$1.50 COP 4,728

$2.46 €2.12

-39.02%

Lettuce (1 head)

$1.19 COP 3,740

$2.10 €1.80

-43.33%

Water (1.5 liter bottle)

$1.16 COP 3,640

$0.85 €0.73

36.47%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$4.67 €4.01

-16.49%

Wine (Bottle)

$14.44 COP 45.4K

$7.05 €6.06

104.82%

Local Beer (0.5 liter bottle)

$1.58 COP 4,978

$1.85 €1.59

-14.59%

Imported Beer (0.33 liter bottle)

$2.83 COP 8,889

$2.73 €2.35

3.66%

One-way Ticket (Public Transport)

$1.17 COP 3,672

$1.88 €1.61

-37.77%

Public Transport Monthly Pass (Regular Price)

$77.7 COP 244.3K

$15.99 €13.75

386.12%

Taxi Start (Normal Tariff)

$1.28 COP 4,038

$3.47 €2.98

-63.11%

Taxi (Normal Tariff) (1km)

$2.09 COP 6,576

$2.36 €2.03

-11.44%

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 27.1K

$29.44 €25.31

-70.72%

Gasoline (1 liter)

$1.30 COP 4,080

$1.70 €1.46

-23.53%

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

$27.7K COP 86.9M

$36.4K €31.3K

-23.96%

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

$35.5K COP 111.6M

$30.4K €26.2K

16.63%

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

$176 COP 553.4K

$118 €102

49.12%

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

$13.37 COP 42.0K

$20.60 €17.71

-35.10%

Internet (50+ Mbps, Unlimited Data)

$29.89 COP 94.0K

$28.87 €24.82

3.53%

Gym Membership (Monthly)

$44.76 COP 140.7K

$43.89 €37.73

1.98%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.6K

$16.81 €14.45

1.49%

Cinema Ticket

$6.20 COP 19.5K

$9.53 €8.20

-34.94%

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

$793 COP 2.5M

$490 €421

61.93%

International Primary School, 1 Child (Yearly)

$9,019 COP 28.4M

$6,914 €5,944

30.46%

Jeans (Levis 501 Or Similar)

$85.6 COP 269.1K

$91.0 €78.2

-5.90%

Summer Dress (H&M, Zara, etc)

$58.5 COP 183.8K

$39.73 €34.15

47.17%

Sport Shoes (Adidas, Nike)

$136 COP 428.4K

$95.1 €81.7

43.35%

Men's Leather Business Shoes

$103 COP 324.1K

$128 €110

-19.67%

1-bedroom Apartment, City Center (Monthly)

$1,060 COP 3.3M

$1,008 €866

5.16%

1-bedroom Apartment, Outside City Center (Monthly)

$680 COP 2.1M

$815 €701

-16.62%

3-bedroom Apartment, City Center (Monthly)

$2,012 COP 6.3M

$1,651 €1,419

21.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,169 COP 3.7M

$1,282 €1,102

-8.87%

Buy Apartment in City Center (m2)

$4,111 COP 12.9M

$3,292 €2,830

24.89%

Buy Apartment Outside City Center (m2)

$1,701 COP 5.3M

$1,922 €1,652

-11.49%

Average Monthly Net Salary (After Tax)

$665 COP 2.1M

$1,781 €1,531

-62.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.15

247.30%

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

Last update for Medellin: August 30, 2026

Last update for Las Palmas de Gran Canaria: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $1,008 in Las Palmas de Gran Canaria. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 168% higher in Las Palmas de Gran Canaria, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $48.00 in Medellin versus $75.0 in Las Palmas de Gran Canaria. Monthly groceries follow the same trend: $303 vs $309 – making Medellin the more affordable choice for daily food spending.

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 Las Palmas de Gran Canaria: Cost of Living - Frequently Asked Questions

Yes – Las Palmas de Gran Canaria is pricier by about 4%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,574 per month in Medellin and $2,669 in Las Palmas de Gran Canaria. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,716 in Medellin and $1,780 in Las Palmas de Gran Canaria. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 386% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,716, than in Las Palmas de Gran Canaria at $1,780. In Medellin it covers expenses comfortably, while in Las Palmas de Gran Canaria it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Las Palmas de Gran Canaria makes more sense. Both are solid long-term options with distinct trade-offs.