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 $1,013 per month in Medellin vs $715 in Los Teques, rent included.

A couple spends around $1,602 per month in Medellin vs $1,228 in Los Teques, rent included.

A family of three spends $2,192 per month in Medellin vs $1,742 in Los Teques, rent included.

Medellin costs about 42% more than Los Teques, driven mainly by Groceries & Markets.

Both Medellin and Los Teques are more affordable than the global median – Medellin 24% lower, Los Teques 47% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$12.23 VES 6,817

-51.02%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

$54.2 VES 30.2K

-39.35%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$9.94 VES 5,539

-28.67%

Cappuccino

$1.71 COP 6,115

$2.56 VES 1,425

-33.20%

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

$1.10 COP 3,924

$1.28 VES 711

-14.06%

Water (0.33 liter bottle)

$0.78 COP 2,781

$0.95 VES 527

-17.89%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$1.52 VES 846

10.53%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$3.05 VES 1,699

0.66%

Milk (1 liter)

$1.09 COP 3,906

$1.82 VES 1,014

-40.11%

White Bread (500g)

$1.26 COP 4,508

$2.72 VES 1,514

-53.68%

Rice (white) (1kg)

$1.38 COP 4,922

$1.45 VES 807

-4.83%

Eggs

$2.19 COP 7,827

$2.79 VES 1,554

-21.51%

Local Cheese (1kg)

$4.40 COP 15.7K

$10.12 VES 5,637

-56.52%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$7.59 VES 4,230

-25.82%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$7.66 VES 4,270

16.06%

Apples (1kg)

$2.34 COP 8,349

$5.18 VES 2,887

-54.83%

Banana (1kg)

$1.06 COP 3,777

$1.82 VES 1,014

-41.76%

Oranges (1kg)

$1.50 COP 5,374

$2.27 VES 1,267

-33.92%

Tomato (1kg)

$1.38 COP 4,924

$1.99 VES 1,108

-30.65%

Potato (1kg)

$1.15 COP 4,111

$2.59 VES 1,445

-55.60%

Onion (1kg)

$1.16 COP 4,155

$2.05 VES 1,141

-43.41%

Lettuce (1 head)

$0.89 COP 3,182

$1.31 VES 728

-32.06%

Water (1.5 liter bottle)

$0.84 COP 2,997

$1.96 VES 1,091

-57.14%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$3.90 VES 2,172

-41.54%

Wine (Bottle)

$10.64 COP 38.0K

$10.82 VES 6,030

-1.66%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$1.48 VES 823

-18.92%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$1.98 VES 1,101

24.75%

One-way Ticket (Public Transport)

$0.86 COP 3,056

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

$4.95 VES 2,760

-70.30%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

$2.78 VES 1,548

-29.50%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$9.92 VES 5,526

-21.98%

Gasoline (1 liter)

$0.95 COP 3,409

$0.51 VES 285

86.27%

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

$18.1K COP 64.7M

$24.6K VES 13.7M

-26.25%

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

$26.5K COP 94.6M

$39.8K VES 22.2M

-33.38%

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

$82.3 COP 293.7K

$19.94 VES 11.1K

312.49%

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

$9.50 COP 33.9K

$13.02 VES 7,255

-27.04%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$40.76 VES 22.7K

-40.55%

Gym Membership (Monthly)

$25.89 COP 92.4K

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

Cinema Ticket

$3.93 COP 14.0K

$6.15 VES 3,427

-36.10%

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

$309 COP 1.1M

$133 VES 74.2K

132.29%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$5,478 VES 3.1M

8.89%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$62.7 VES 34.9K

-6.46%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$38.87 VES 21.7K

-16.77%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$106 VES 59.0K

-3.13%

Men's Leather Business Shoes

$108 COP 387.2K

$116 VES 64.8K

-6.78%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$201 VES 111.8K

1291.15%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$266 VES 148.0K

356.06%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$200 VES 111.7K

155.37%

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: May 31, 2026

Last update for Los Teques: May 31, 2026

Cost Breakdown

Salaries run about 155% 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 $54.0 in Los Teques. Monthly groceries follow the same trend: $188 vs $283 – 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: $1,013 in Medellin, $715 in Los Teques – roughly 42% apart. Medellin costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $1,519 per month in Medellin and $1,073 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 $1,013 in Medellin and $715 in Los Teques. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $309 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 $715, than in Medellin at $1,013. 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 $715 in Los Teques to $1,013 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.