Cost of Living Comparison Between Medellin and Margate Cost of Living Comparison Between Medellin and Margate

Monthly Cost of Living

Monthly costs for one person with rent: $1,028 in Medellin versus $928 in Margate.

Estimated couple costs with rent: $1,586 in Medellin versus $1,430 in Margate.

Monthly costs for a family of three with rent: $2,144 in Medellin versus $1,931 in Margate.

Living in Medellin is roughly 11% more expensive than in Margate, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 23% lower, Margate 30% lower.

Meal at Budget Restaurant

$6.00 COP 20.6K

$6.96 R 114

-13.79%

Three-Course Dinner for Two, Mid-Range

$32.84 COP 112.9K

$27.51 R 452

19.37%

Fast Food Meal (McDonalds, etc)

$7.42 COP 25.5K

$3.53 R 58.1

110.20%

Cappuccino

$1.65 COP 5,675

$1.23 R 20.19

34.15%

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

$1.07 COP 3,673

$0.73 R 11.98

46.58%

Water (0.33 liter bottle)

$0.76 COP 2,614

$0.38 R 6.22

100.00%

Local Beer (0.5 liter draught)

$1.72 COP 5,925

$1.92 R 31.54

-10.42%

Imported Beer (0.33 liter bottle)

$3.20 COP 11.0K

$1.38 R 22.66

131.88%

Milk (1 liter)

$1.05 COP 3,607

$0.82 R 13.43

28.05%

White Bread (500g)

$1.31 COP 4,492

$0.74 R 12.15

77.03%

Rice (white) (1kg)

$1.34 COP 4,604

$1.26 R 20.67

6.35%

Eggs

$2.19 COP 7,543

$2.18 R 35.79

0.46%

Local Cheese (1kg)

$4.41 COP 15.2K

$4.87 R 80.0

-9.45%

Chicken Fillets (1kg)

$5.69 COP 19.6K

$2.40 R 39.53

137.08%

Beef Round Steak (1kg)

$8.52 COP 29.3K

$3.34 R 54.9

155.09%

Apples (1kg)

$2.34 COP 8,046

$1.42 R 23.29

64.79%

Banana (1kg)

$1.11 COP 3,815

$1.36 R 22.39

-18.38%

Oranges (1kg)

$1.52 COP 5,225

$1.27 R 20.95

19.69%

Tomato (1kg)

$1.37 COP 4,694

$1.30 R 21.30

5.38%

Potato (1kg)

$1.15 COP 3,962

$1.00 R 16.41

15.00%

Onion (1kg)

$1.18 COP 4,055

$1.23 R 20.29

-4.07%

Lettuce (1 head)

$0.84 COP 2,893

$1.02 R 16.77

-17.65%

Water (1.5 liter bottle)

$0.86 COP 2,940

$0.87 R 14.38

-1.15%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 7,776

$1.46 R 23.92

54.79%

Wine (Bottle)

$11.60 COP 39.9K

$3.71 R 60.9

212.67%

Local Beer (0.5 liter bottle)

$1.20 COP 4,121

$0.91 R 15.03

31.87%

Imported Beer (0.33 liter bottle)

$2.48 COP 8,508

$1.36 R 22.35

82.35%

One-way Ticket (Public Transport)

$0.79 COP 2,729

$1.07 R 17.59

-26.17%

Public Transport Monthly Pass (Regular Price)

$40.83 COP 140.4K

Taxi Start (Normal Tariff)

$1.47 COP 5,038

$0.70 R 11.50

110.00%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,587

$0.59 R 9.62

225.42%

Taxi 1hour Waiting (Normal Tariff)

$7.77 COP 26.7K

$4.60 R 75.5

68.91%

Gasoline (1 liter)

$1.01 COP 3,474

$1.26 R 20.77

-19.84%

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

$17.7K COP 60.7M

$19.9K R 327.0K

-11.24%

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

$26.5K COP 90.9M

$24.4K R 401.4K

8.35%

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

$81.1 COP 278.8K

$142 R 2,329

-42.75%

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

$9.43 COP 32.4K

$29.58 R 486

-68.12%

Internet (50+ Mbps, Unlimited Data)

$23.86 COP 82.0K

$34.09 R 560

-30.01%

Gym Membership (Monthly)

$25.99 COP 89.4K

$31.09 R 511

-16.40%

Tennis Court (1 Hour on Weekend)

$18.71 COP 64.3K

$3.33 R 54.7

461.86%

Cinema Ticket

$4.09 COP 14.1K

$3.60 R 59.2

13.61%

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

$315 COP 1.1M

$204 R 3,356

54.04%

International Primary School, 1 Child (Yearly)

$6,022 COP 20.7M

$4,687 R 77.0K

28.49%

Jeans (Levis 501 Or Similar)

$59.7 COP 205.2K

$41.39 R 680

44.24%

Summer Dress (H&M, Zara, etc)

$31.97 COP 109.9K

$30.17 R 496

5.97%

Sport Shoes (Adidas, Nike)

$101 COP 347.9K

$93.5 R 1,537

8.25%

Men's Leather Business Shoes

$105 COP 361.3K

$74.2 R 1,220

41.66%

1-bedroom Apartment, City Center (Monthly)

$485 COP 1.7M

$366 R 6,017

32.62%

1-bedroom Apartment, Outside City Center (Monthly)

$365 COP 1.3M

$329 R 5,408

10.99%

3-bedroom Apartment, City Center (Monthly)

$827 COP 2.8M

$675 R 11.1K

22.48%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.5M

$697 R 11.5K

4.80%

Buy Apartment in City Center (m2)

$2,992 COP 10.3M

$899 R 14.8K

232.69%

Buy Apartment Outside City Center (m2)

$1,314 COP 4.5M

$721 R 11.9K

82.17%

Average Monthly Net Salary (After Tax)

$551 COP 1.9M

$1,534 R 25.2K

-64.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

12.01

11.82%

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

Last update for Medellin: June 15, 2026

Last update for Margate: June 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $485 in Medellin and $366 in Margate. Housing cost is often the main lever when comparing two cities.

Margate pays 178% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $33.00 in Medellin vs $28.00 in Margate for a mid-range dinner for two. Groceries echo the gap at $190 vs $128 per month, with Margate cheaper across the board.

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 Margate: Cost of Living - Frequently Asked Questions

Margate wins on cost – living expenses run 11% lower than in Medellin. Housing and daily spending are where you'll feel the difference most, making Margate the obvious pick if budget is a priority.

On paper, salaries run 178% lower in Margate. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $485 in Medellin versus $366 in Margate. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $315 in Medellin versus $204 in Margate. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Margate – a meal for two runs $28.00 versus $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $928 in Margate versus $1,028 in Medellin, a $1,000 budget is realistic in Margate but tight or insufficient in Medellin. The gap between the two cities makes Margate the clear choice for anyone on this budget.

Both work as nomad bases, but Margate delivers better value – similar infrastructure at $928 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Margate hard to pass up.

Expats usually find Margate gentler on the wallet – expenses run 11% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.