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 $1,641 per month in Medellin vs $807 in Los Teques, rent included.

A couple spends around $2,447 per month in Medellin vs $1,427 in Los Teques, rent included.

A family of three spends $3,253 per month in Medellin vs $2,047 in Los Teques, rent included.

Medellin costs about 103% more than Los Teques, driven mainly by Getting Around.

Medellin sits 19% above the global median, while Los Teques is 42% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.04 COP 24.8K

$10.60 VES 8,803

-24.15%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$68.1 VES 56.6K

-29.10%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$10.84 VES 9,000

-13.10%

Cappuccino

$2.94 COP 9,040

$3.70 VES 3,073

-20.54%

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

$1.86 COP 5,735

$1.50 VES 1,249

24.00%

Water (0.33 liter bottle)

$1.46 COP 4,479

$1.34 VES 1,114

8.96%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$1.98 VES 1,642

62.12%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$2.92 VES 2,425

95.55%

Milk (1 liter)

$1.44 COP 4,428

$2.75 VES 2,280

-47.64%

White Bread (500g)

$2.40 COP 7,389

$2.29 VES 1,901

4.80%

Rice (white) (1kg)

$1.70 COP 5,228

$1.81 VES 1,503

-6.08%

Eggs

$2.89 COP 8,896

$4.66 VES 3,866

-37.98%

Local Cheese (1kg)

$10.06 COP 30.9K

$10.34 VES 8,589

-2.71%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$9.04 VES 7,505

10.29%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$11.36 VES 9,436

25.00%

Apples (1kg)

$3.98 COP 12.3K

$7.33 VES 6,088

-45.70%

Banana (1kg)

$1.58 COP 4,878

$1.99 VES 1,656

-20.60%

Oranges (1kg)

$2.15 COP 6,624

$2.19 VES 1,817

-1.83%

Tomato (1kg)

$2.30 COP 7,078

$2.38 VES 1,975

-3.36%

Potato (1kg)

$2.00 COP 6,169

$2.27 VES 1,884

-11.89%

Onion (1kg)

$1.51 COP 4,646

$2.22 VES 1,845

-31.98%

Lettuce (1 head)

$1.20 COP 3,701

$1.56 VES 1,296

-23.08%

Water (1.5 liter bottle)

$1.28 COP 3,946

$2.32 VES 1,930

-44.83%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$4.71 VES 3,909

-18.47%

Wine (Bottle)

$14.01 COP 43.1K

$11.91 VES 9,886

17.63%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$1.41 VES 1,169

21.28%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$2.05 VES 1,706

33.66%

One-way Ticket (Public Transport)

$1.25 COP 3,834

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$5.09 VES 4,224

-74.26%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$2.77 VES 2,301

-21.66%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$15.19 VES 12.6K

-45.42%

Gasoline (1 liter)

$1.36 COP 4,172

$0.81 VES 669

67.90%

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

$27.5K COP 84.5M

$25.4K VES 21.1M

8.36%

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

$36.5K COP 112.4M

$37.9K VES 31.4M

-3.49%

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

$169 COP 519.2K

$23.35 VES 19.4K

622.57%

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

$13.57 COP 41.8K

$11.70 VES 9,718

15.98%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$36.58 VES 30.4K

-22.58%

Gym Membership (Monthly)

$45.71 COP 140.7K

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

Cinema Ticket

$6.65 COP 20.5K

$6.41 VES 5,320

3.74%

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

$803 COP 2.5M

$158 VES 131.5K

407.42%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$6,063 VES 5.0M

51.57%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$73.9 VES 61.4K

18.25%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$47.66 VES 39.6K

24.57%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$124 VES 102.9K

12.11%

Men's Leather Business Shoes

$102 COP 314.0K

$142 VES 117.5K

-27.89%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$202 VES 167.7K

1941.09%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$268 VES 222.6K

533.12%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$201 VES 167.0K

225.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-50.27%

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

Last update for Medellin: September 7, 2026

Last update for Los Teques: September 5, 2026

Cost Breakdown

Salaries run about 226% 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 $48.00 in Medellin versus $68.0 in Los Teques. Monthly groceries follow the same trend: $300 vs $336 – 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: $1,641 in Medellin, $807 in Los Teques – roughly 103% apart. Medellin costs more across the board, with Getting Around showing the biggest gap.

For a comfortable life, plan on about $2,462 per month in Medellin and $1,210 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 $1,641 in Medellin and $807 in Los Teques. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $803 per month in Medellin and $158 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 $807, than in Medellin at $1,641. 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 $807 in Los Teques to $1,641 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.