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: $1,687 in Medellin versus $903 in Margate.

Estimated couple costs with rent: $2,535 in Medellin versus $1,444 in Margate.

Monthly costs for a family of three with rent: $3,383 in Medellin versus $1,984 in Margate.

Living in Medellin is roughly 87% more expensive than in Margate, driven mainly by Groceries & Markets.

The two cities straddle the global median: Medellin is 23% above, Margate is 34% below.

Meal at Budget Restaurant

$7.89 COP 24.2K

$7.59 R 122

3.95%

Three-Course Dinner for Two, Mid-Range

$44.53 COP 136.5K

$37.72 R 608

18.05%

Fast Food Meal (McDonalds, etc)

$9.29 COP 28.5K

$5.51 R 88.7

68.60%

Cappuccino

$2.90 COP 8,874

$1.91 R 30.70

51.83%

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

$1.81 COP 5,541

$1.12 R 17.98

61.61%

Water (0.33 liter bottle)

$1.55 COP 4,741

$0.85 R 13.74

82.35%

Local Beer (0.5 liter draught)

$3.25 COP 9,962

$2.53 R 40.79

28.46%

Imported Beer (0.33 liter bottle)

$5.88 COP 18.0K

$2.26 R 36.38

160.18%

Milk (1 liter)

$1.38 COP 4,230

$1.01 R 16.23

36.63%

White Bread (500g)

$2.45 COP 7,517

$0.94 R 15.18

160.64%

Rice (white) (1kg)

$1.51 COP 4,617

$1.14 R 18.29

32.46%

Eggs

$2.78 COP 8,516

$2.52 R 40.51

10.32%

Local Cheese (1kg)

$9.05 COP 27.7K

$5.15 R 83.0

75.73%

Chicken Fillets (1kg)

$10.65 COP 32.6K

$3.54 R 57.0

200.85%

Beef Round Steak (1kg)

$14.63 COP 44.8K

$5.98 R 96.3

144.65%

Apples (1kg)

$3.97 COP 12.2K

$1.23 R 19.79

222.76%

Banana (1kg)

$1.38 COP 4,219

$1.22 R 19.66

13.11%

Oranges (1kg)

$2.30 COP 7,056

$1.14 R 18.29

101.75%

Tomato (1kg)

$2.02 COP 6,185

$1.47 R 23.71

37.41%

Potato (1kg)

$2.09 COP 6,390

$1.10 R 17.72

90.00%

Onion (1kg)

$1.63 COP 4,996

$1.29 R 20.80

26.36%

Lettuce (1 head)

$1.08 COP 3,313

$1.16 R 18.66

-6.90%

Water (1.5 liter bottle)

$1.25 COP 3,843

$1.01 R 16.26

23.76%

Cigarettes 20 Pack (Marlboro, Camel)

$4.03 COP 12.4K

$1.71 R 27.62

135.67%

Wine (Bottle)

$13.47 COP 41.3K

$3.68 R 59.2

266.03%

Local Beer (0.5 liter bottle)

$1.60 COP 4,904

$1.50 R 24.09

6.67%

Imported Beer (0.33 liter bottle)

$3.00 COP 9,189

$1.97 R 31.73

52.28%

One-way Ticket (Public Transport)

$1.18 COP 3,611

$1.56 R 25.17

-24.36%

Public Transport Monthly Pass (Regular Price)

$79.9 COP 244.9K

Taxi Start (Normal Tariff)

$1.61 COP 4,920

$0.42 R 6.76

283.33%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,533

$0.77 R 12.39

176.62%

Taxi 1hour Waiting (Normal Tariff)

$8.52 COP 26.1K

$7.71 R 124

10.51%

Gasoline (1 liter)

$1.35 COP 4,142

$1.39 R 22.39

-2.88%

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

$28.3K COP 86.8M

$36.8K R 592.8K

-23.04%

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

$35.7K COP 109.4M

$32.0K R 515.3K

11.58%

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

$151 COP 463.8K

$61.0 R 982

148.33%

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

$13.10 COP 40.1K

$18.86 R 304

-30.54%

Internet (50+ Mbps, Unlimited Data)

$32.30 COP 99.0K

$33.74 R 544

-4.27%

Gym Membership (Monthly)

$46.33 COP 141.9K

$33.19 R 535

39.59%

Tennis Court (1 Hour on Weekend)

$17.26 COP 52.9K

Cinema Ticket

$6.43 COP 19.7K

$4.43 R 71.4

45.15%

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

$835 COP 2.6M

$333 R 5,368

150.48%

International Primary School, 1 Child (Yearly)

$8,887 COP 27.2M

$7,511 R 121.0K

18.31%

Jeans (Levis 501 Or Similar)

$89.3 COP 273.7K

$54.4 R 876

64.24%

Summer Dress (H&M, Zara, etc)

$55.3 COP 169.5K

$18.76 R 302

194.83%

Sport Shoes (Adidas, Nike)

$137 COP 418.5K

$74.7 R 1,204

82.76%

Men's Leather Business Shoes

$109 COP 335.1K

$49.88 R 803

119.27%

1-bedroom Apartment, City Center (Monthly)

$952 COP 2.9M

$409 R 6,585

132.89%

1-bedroom Apartment, Outside City Center (Monthly)

$668 COP 2.0M

$372 R 5,990

79.61%

3-bedroom Apartment, City Center (Monthly)

$2,020 COP 6.2M

$768 R 12.4K

163.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,148 COP 3.5M

$749 R 12.1K

53.25%

Buy Apartment in City Center (m2)

$3,696 COP 11.3M

$882 R 14.2K

319.10%

Buy Apartment Outside City Center (m2)

$1,586 COP 4.9M

$643 R 10.4K

146.63%

Average Monthly Net Salary (After Tax)

$625 COP 1.9M

$1,541 R 24.8K

-59.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.43

11.66

-10.55%

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

Last update for Medellin: August 17, 2026

Last update for Margate: August 16, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $952 in Medellin and $409 in Margate. Housing cost is often the main lever when comparing two cities.

Margate pays 146% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $45.00 in Medellin vs $38.00 in Margate for a mid-range dinner for two. Groceries echo the gap at $297 vs $152 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 87% 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 146% 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: $952 in Medellin versus $409 in Margate. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $835 in Medellin versus $333 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 $38.00 versus $45.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $903 in Margate versus $1,687 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 $903 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 87% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.