Last update: Oct 2026

Cost of Living Comparison Between Medellin and Madeira

For one person, living costs are similar in Medellin and in Madeira: $1,639 and $1,599 a month, rent and utilities included.

79

Cost of Living Index in Medellin
Learn more

Medellin Living Index
77

Cost of Living Index in Madeira
Learn more

Madeira Living Index

Jump to prices

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Madeira

🇵🇹 Portugal

$1,599

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Madeira

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Madeira actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,639 in Medellin versus $1,599 in Madeira.

Medellin $1,639
Madeira $1,599

Estimated couple costs with rent: $2,413 in Medellin versus $2,361 in Madeira.

Medellin $2,413
Madeira $2,361

Monthly costs for a family of three with rent: $3,186 in Medellin versus $3,124 in Madeira.

Medellin $3,186
Madeira $3,124

Monthly costs are close between Medellin and Madeira; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Medellin 20% above, Madeira 17% above.

Meal at Budget Restaurant

$8.09 COP 26.1K

$11.47 €10.24

-29.47%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.8K

$46.16 €41.23

1.93%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$9.23 €8.24

2.93%

Cappuccino

$3.01 COP 9,729

$2.06 €1.84

46.12%

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

$1.80 COP 5,806

$1.86 €1.66

-3.23%

Water (0.33 liter bottle)

$1.41 COP 4,558

$1.40 €1.25

0.71%

Local Beer (0.5 liter draught)

$3.18 COP 10.2K

$2.26 €2.02

40.71%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$3.55 €3.17

61.97%

Milk (1 liter)

$1.51 COP 4,873

$1.10 €0.99

37.27%

White Bread (500g)

$2.38 COP 7,673

$1.52 €1.36

56.58%

Rice (white) (1kg)

$1.77 COP 5,716

$1.61 €1.44

9.94%

Eggs

$2.89 COP 9,327

$3.02 €2.70

-4.30%

Local Cheese (1kg)

$10.19 COP 32.9K

$11.20 €10.00

-9.02%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$7.70 €6.88

28.18%

Beef Round Steak (1kg)

$13.99 COP 45.1K

$14.02 €12.53

-0.21%

Apples (1kg)

$3.97 COP 12.8K

$2.36 €2.11

68.22%

Banana (1kg)

$1.55 COP 5,009

$1.41 €1.26

9.93%

Oranges (1kg)

$2.18 COP 7,044

$1.85 €1.66

17.84%

Tomato (1kg)

$2.18 COP 7,047

$2.50 €2.23

-12.80%

Potato (1kg)

$1.96 COP 6,333

$1.52 €1.36

28.95%

Onion (1kg)

$1.59 COP 5,129

$1.94 €1.73

-18.04%

Lettuce (1 head)

$1.15 COP 3,696

$1.56 €1.40

-26.28%

Water (1.5 liter bottle)

$1.24 COP 4,012

$0.83 €0.75

49.40%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$6.14 €5.49

-35.50%

Wine (Bottle)

$13.68 COP 44.2K

$5.34 €4.77

156.18%

Local Beer (0.5 liter bottle)

$1.66 COP 5,356

$1.24 €1.11

33.87%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,286

$2.41 €2.15

-6.22%

One-way Ticket (Public Transport)

$1.17 COP 3,769

$2.27 €2.03

-48.46%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.7K

$42.12 €37.62

83.69%

Taxi Start (Normal Tariff)

$1.27 COP 4,092

$4.13 €3.69

-69.25%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,608

$0.81 €0.72

153.09%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$17.47 €15.61

-51.06%

Gasoline (1 liter)

$1.35 COP 4,346

$1.91 €1.71

-29.32%

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

$34.1K COP 109.9M

$34.7K €31.0K

-1.84%

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

$34.7K COP 111.9M

$39.2K €35.0K

-11.53%

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

$170 COP 547.5K

$137 €123

23.53%

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

$13.55 COP 43.7K

$21.23 €18.96

-36.18%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$41.41 €36.98

-32.21%

Gym Membership (Monthly)

$43.70 COP 141.0K

$44.27 €39.54

-1.29%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

$17.51 €15.64

-1.83%

Cinema Ticket

$6.91 COP 22.3K

$8.15 €7.28

-15.21%

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

$797 COP 2.6M

$476 €425

67.33%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$8,168 €7,295

11.56%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.4K

$72.5 €64.7

16.89%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.0K

$38.12 €34.04

52.05%

Sport Shoes (Adidas, Nike)

$135 COP 435.5K

$92.4 €82.5

46.14%

Men's Leather Business Shoes

$97.9 COP 315.8K

$93.9 €83.9

4.21%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$910 €813

32.73%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$725 €647

-11.46%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$1,465 €1,309

38.36%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$1,179 €1,053

-14.20%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

$3,005 €2,684

38.77%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$2,314 €2,067

-17.45%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.01

118.36%

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

Last update for Medellin: October 25, 2026

Last update for Madeira: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$642 39.1%

Madeira

$725 45.3% 12.9% $83

Groceries & Markets

Medellin

$297 18.1%

Madeira

$246 15.4% 17.3% $51

Monthly Utilities & Internet

Medellin

$211 12.9%

Madeira

$200 12.5% 5.3% $11

Eating Out

Medellin

$170 10.4%

Madeira

$176 11% 3.5% $5.9

Clothing & Footwear

Medellin

$169 10.3%

Madeira

$134 8.4% 20.9% $35

Getting Around

Medellin

$94 5.7%

Madeira

$59 3.7% 36.5% $34

Sport & Entertainment

Medellin

$58 3.5%

Madeira

$61 3.8% 5.3% $3

Cost Breakdown

A one-bedroom apartment in the center runs $1,208 in Medellin and $910 in Madeira. Housing cost is often the main lever when comparing two cities.

Dining out: $47 in Medellin vs $46 in Madeira for a mid-range dinner for two. Groceries echo the gap at $297 vs $246 per month, with Madeira cheaper across the board.

Good to know

🇨🇴 Medellin

🇵🇹 Madeira

🕒 Local time

03:38 3:38 AM

08:38 8:38 AM

5 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

154

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.77 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 3, 2026: 1 USD = 3,227 COP (10,000 COP = 3.1 USD). 1 EUR = 3,613 COP (10,000 COP = 2.77 EUR).

Euro exchange rates as of November 3, 2026: 1 USD = 0.893 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Madeira 6,720 km ≈ 9 h nonstop flight

From you

Medellin
Madeira

Distances are measured in a straight line. Your location is detected approximately.

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 Madeira: Cost of Living - Frequently Asked Questions

You’d need roughly $2,459 in Medellin and $2,399 in Madeira to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,208 in Medellin versus $910 in Madeira. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Madeira runs roughly 46% less than in Medellin. The price difference matters if you commute daily and watch your budget.

Childcare runs $797 in Medellin versus $476 in Madeira. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Both cities are expensive relative to $1,500. Madeira is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

For families, Madeira 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.