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: $1,034 in Medellin versus $917 in Margate.

Estimated couple costs with rent: $1,577 in Medellin versus $1,412 in Margate.

Monthly costs for a family of three with rent: $2,120 in Medellin versus $1,907 in Margate.

Living in Medellin is roughly 13% more expensive than Margate, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 23% lower, Margate 32% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$7.05 R 118

-16.03%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$28.46 R 477

15.07%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$3.40 R 57.0

111.76%

Cappuccino

$1.70 COP 6,140

$1.23 R 20.55

38.21%

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

$1.10 COP 3,966

$0.67 R 11.27

64.18%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.37 R 6.25

94.59%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$2.01 R 33.69

-16.92%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$1.36 R 22.86

127.94%

Milk (1 liter)

$1.06 COP 3,809

$0.81 R 13.59

30.86%

White Bread (500g)

$1.25 COP 4,497

$0.80 R 13.42

56.25%

Rice (white) (1kg)

$1.39 COP 5,022

$1.20 R 20.21

15.83%

Eggs

$2.26 COP 8,168

$2.20 R 36.92

2.73%

Local Cheese (1kg)

$4.33 COP 15.6K

$4.86 R 81.6

-10.91%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$2.47 R 41.49

136.44%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$3.50 R 58.8

152.29%

Apples (1kg)

$2.24 COP 8,099

$1.37 R 22.92

63.50%

Banana (1kg)

$1.08 COP 3,882

$1.40 R 23.55

-22.86%

Oranges (1kg)

$1.53 COP 5,522

$1.23 R 20.62

24.39%

Tomato (1kg)

$1.37 COP 4,950

$1.29 R 21.68

6.20%

Potato (1kg)

$1.13 COP 4,078

$0.99 R 16.62

14.14%

Onion (1kg)

$1.12 COP 4,036

$1.19 R 19.95

-5.88%

Lettuce (1 head)

$0.85 COP 3,057

$0.97 R 16.33

-12.37%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.95 R 15.97

-4.21%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$1.44 R 24.23

61.81%

Wine (Bottle)

$11.13 COP 40.2K

$3.60 R 60.3

209.17%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$0.93 R 15.59

27.96%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$1.37 R 22.97

72.99%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$1.07 R 17.89

-26.17%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$0.71 R 11.94

102.82%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$0.58 R 9.64

229.31%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$4.39 R 73.6

82.69%

Gasoline (1 liter)

$0.94 COP 3,385

$1.34 R 22.40

-29.85%

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

$17.9K COP 64.7M

$20.1K R 336.6K

-10.71%

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

$26.8K COP 96.7M

$24.5K R 411.3K

9.22%

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

$84.0 COP 303.1K

$146 R 2,452

-42.58%

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

$9.60 COP 34.7K

$29.77 R 499

-67.75%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$33.93 R 569

-28.79%

Gym Membership (Monthly)

$25.88 COP 93.4K

$31.19 R 523

-17.02%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

$3.44 R 57.7

453.49%

Cinema Ticket

$3.92 COP 14.1K

$3.68 R 61.8

6.52%

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

$306 COP 1.1M

$206 R 3,453

48.78%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$4,675 R 78.4K

26.61%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$41.44 R 695

39.74%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$30.51 R 512

4.29%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$95.6 R 1,603

4.50%

Men's Leather Business Shoes

$107 COP 386.8K

$71.6 R 1,201

49.66%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$369 R 6,182

32.03%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$335 R 5,625

9.73%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$694 R 11.6K

18.89%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$684 R 11.5K

4.65%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

$534 R 8,962

447.36%

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

$555 R 9,310

153.41%

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$1,517 R 25.4K

-64.03%

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: April 27, 2026

Last update for Margate: April 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Medellin and $369 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 $129 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 13% 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, Margate earns 178% less. 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: $487 in Medellin versus $369 in Margate. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $306 in Medellin versus $206 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 $917 in Margate versus $1,034 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 $917 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 13% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.