Cost of Living Comparison Between Medellin and Los Teques Cost of Living Comparison Between Medellin and Los Teques

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $705 in Los Teques, rent included.

A couple spends around $1,599 per month in Medellin vs $1,224 in Los Teques, rent included.

A family of three spends $2,167 per month in Medellin vs $1,743 in Los Teques, rent included.

Medellin costs about 46% more than Los Teques, driven mainly by Groceries & Markets.

Both Medellin and Los Teques are more affordable than the global median – Medellin 23% lower, Los Teques 47% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$12.17 VES 8,946

-49.38%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$55.4 VES 40.7K

-41.18%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$9.96 VES 7,322

-26.31%

Cappuccino

$1.72 COP 5,599

$2.55 VES 1,873

-32.55%

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

$1.05 COP 3,420

$1.25 VES 921

-16.00%

Water (0.33 liter bottle)

$0.77 COP 2,515

$1.01 VES 744

-23.76%

Local Beer (0.5 liter draught)

$1.69 COP 5,487

$1.49 VES 1,095

13.42%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$2.94 VES 2,161

7.82%

Milk (1 liter)

$1.05 COP 3,423

$1.80 VES 1,324

-41.67%

White Bread (500g)

$1.30 COP 4,236

$2.68 VES 1,971

-51.49%

Rice (white) (1kg)

$1.40 COP 4,544

$1.48 VES 1,088

-5.41%

Eggs

$2.16 COP 7,046

$2.85 VES 2,096

-24.21%

Local Cheese (1kg)

$4.39 COP 14.3K

$9.76 VES 7,178

-55.02%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$7.60 VES 5,585

-22.63%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$7.62 VES 5,599

13.39%

Apples (1kg)

$2.28 COP 7,425

$5.13 VES 3,769

-55.56%

Banana (1kg)

$1.11 COP 3,603

$1.79 VES 1,313

-37.99%

Oranges (1kg)

$1.53 COP 4,982

$2.19 VES 1,613

-30.14%

Tomato (1kg)

$1.35 COP 4,410

$2.06 VES 1,514

-34.47%

Potato (1kg)

$1.13 COP 3,674

$2.61 VES 1,920

-56.70%

Onion (1kg)

$1.13 COP 3,692

$2.17 VES 1,596

-47.93%

Lettuce (1 head)

$0.85 COP 2,753

$1.35 VES 996

-37.04%

Water (1.5 liter bottle)

$0.91 COP 2,975

$1.94 VES 1,423

-53.09%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$3.91 VES 2,876

-40.15%

Wine (Bottle)

$12.37 COP 40.3K

$12.06 VES 8,866

2.57%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.46 VES 1,075

-17.81%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.98 VES 1,456

25.76%

One-way Ticket (Public Transport)

$0.84 COP 2,727

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$4.97 VES 3,654

-71.43%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$2.62 VES 1,928

-26.72%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$10.07 VES 7,401

-23.93%

Gasoline (1 liter)

$0.99 COP 3,223

$0.49 VES 357

102.04%

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

$18.0K COP 58.7M

$24.6K VES 18.1M

-26.67%

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

$26.6K COP 86.7M

$39.5K VES 29.0M

-32.61%

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

$80.8 COP 263.1K

$20.09 VES 14.8K

302.24%

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

$9.95 COP 32.4K

$13.30 VES 9,778

-25.19%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$39.57 VES 29.1K

-38.89%

Gym Membership (Monthly)

$25.08 COP 81.6K

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$3.98 COP 13.0K

$5.82 VES 4,280

-31.62%

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

$305 COP 993.4K

$133 VES 97.5K

129.99%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$5,553 VES 4.1M

9.10%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$62.9 VES 46.2K

-7.57%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$38.74 VES 28.5K

-16.88%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$103 VES 75.7K

-2.18%

Men's Leather Business Shoes

$108 COP 350.8K

$116 VES 85.4K

-7.27%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$200 VES 147.1K

1507.24%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$268 VES 197.1K

411.71%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$199 VES 146.2K

210.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

21.33

-37.04%

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

Last update for Medellin: July 12, 2026

Last update for Los Teques: July 12, 2026

Cost Breakdown

Salaries run about 210% higher in Medellin, 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 $33.00 in Medellin versus $55.0 in Los Teques. Monthly groceries follow the same trend: $193 vs $284 – 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 Los Teques: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,031 in Medellin, $705 in Los Teques – roughly 46% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,546 per month in Medellin and $1,057 in Los Teques. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,031 in Medellin and $705 in Los Teques. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $305 per month in Medellin and $133 in Los Teques. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Los Teques, where all-in costs run around $705, than in Medellin at $1,031. In Los Teques it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $705 in Los Teques to $1,031 in Medellin. Climate, culture, job market, and personal taste all factor in.

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