Cost of Living Comparison Between Medellin and Miami, FL Cost of Living Comparison Between Medellin and Miami, FL

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $3,619 in Miami, FL, rent included.

A couple spends around $1,602 per month in Medellin vs $5,411 in Miami, FL, rent included.

A family of three spends $2,192 per month in Medellin vs $7,203 in Miami, FL, rent included.

Medellin is about 72% cheaper than Miami, FL, driven mainly by Eating Out.

Medellin sits 24% below the global median, while Miami, FL is 170% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.99 COP 21.5K

$29.62 $29.62

-79.78%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 118.1K

$118 $118

-72.13%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.5K

$12.85 $12.85

-44.82%

Cappuccino

$1.71 COP 6,155

$5.27 $5.27

-67.55%

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

$1.10 COP 3,950

$3.34 $3.34

-67.07%

Water (0.33 liter bottle)

$0.78 COP 2,799

$2.74 $2.74

-71.53%

Local Beer (0.5 liter draught)

$1.68 COP 6,037

$7.85 $7.85

-78.60%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$9.26 $9.26

-66.85%

Milk (1 liter)

$1.09 COP 3,931

$1.18 $1.18

-7.63%

White Bread (500g)

$1.26 COP 4,537

$3.88 $3.88

-67.53%

Rice (white) (1kg)

$1.38 COP 4,955

$5.31 $5.31

-74.01%

Eggs

$2.19 COP 7,878

$5.14 $5.14

-57.39%

Local Cheese (1kg)

$4.40 COP 15.8K

$13.61 $13.61

-67.67%

Chicken Fillets (1kg)

$5.63 COP 20.2K

$13.93 $13.93

-59.58%

Beef Round Steak (1kg)

$8.89 COP 32.0K

$20.07 $20.07

-55.71%

Apples (1kg)

$2.34 COP 8,403

$4.45 $4.45

-47.42%

Banana (1kg)

$1.06 COP 3,802

$1.68 $1.68

-36.90%

Oranges (1kg)

$1.50 COP 5,409

$3.60 $3.60

-58.33%

Tomato (1kg)

$1.38 COP 4,956

$4.10 $4.10

-66.34%

Potato (1kg)

$1.15 COP 4,138

$2.53 $2.53

-54.55%

Onion (1kg)

$1.16 COP 4,183

$3.19 $3.19

-63.64%

Lettuce (1 head)

$0.89 COP 3,203

$2.78 $2.78

-67.99%

Water (1.5 liter bottle)

$0.84 COP 3,016

$1.99 $1.99

-57.79%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,198

$9.80 $9.80

-76.73%

Wine (Bottle)

$10.64 COP 38.3K

$14.72 $14.72

-27.72%

Local Beer (0.5 liter bottle)

$1.20 COP 4,312

$2.43 $2.43

-50.62%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,882

$2.93 $2.93

-15.70%

One-way Ticket (Public Transport)

$0.86 COP 3,076

$2.30 $2.30

-62.61%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 148.8K

$103 $103

-59.93%

Taxi Start (Normal Tariff)

$1.47 COP 5,298

$3.94 $3.94

-62.69%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,055

$1.27 $1.27

54.33%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.8K

$45.65 $45.65

-83.04%

Gasoline (1 liter)

$0.95 COP 3,431

$0.89 $0.89

6.74%

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

$18.1K COP 65.2M

$31.0K $31.0K

-41.47%

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

$26.5K COP 95.2M

$25.8K $25.8K

2.52%

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

$82.3 COP 295.7K

$146 $146

-43.66%

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

$9.50 COP 34.2K

$61.5 $61.5

-84.56%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 87.1K

$64.5 $64.5

-62.40%

Gym Membership (Monthly)

$25.89 COP 93.0K

$64.3 $64.3

-59.76%

Tennis Court (1 Hour on Weekend)

$19.00 COP 68.3K

$24.38 $24.38

-22.07%

Cinema Ticket

$3.93 COP 14.1K

$16.16 $16.16

-75.68%

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

$309 COP 1.1M

$1,443 $1,443

-78.55%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.4M

$25.3K $25.3K

-76.43%

Jeans (Levis 501 Or Similar)

$58.7 COP 210.8K

$50.7 $50.7

15.79%

Summer Dress (H&M, Zara, etc)

$32.35 COP 116.3K

$54.0 $54.0

-40.06%

Sport Shoes (Adidas, Nike)

$103 COP 368.8K

$93.7 $93.7

9.56%

Men's Leather Business Shoes

$108 COP 389.7K

$112 $112

-3.50%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$2,942 $2,942

-83.82%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$2,063 $2,063

-81.64%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$5,121 $5,121

-83.63%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$3,718 $3,718

-80.53%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$6,786 $6,786

-58.88%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.4M

$3,657 $3,657

-66.88%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$4,275 $4,275

-88.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.55

105.04%

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

Last update for Medellin: May 31, 2026

Last update for Miami, FL: May 30, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $2,942 in Miami, FL. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 735% higher in Miami, FL, 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 $118 in Miami, FL. Monthly groceries follow the same trend: $188 vs $427 – 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 Miami, FL: Cost of Living - Frequently Asked Questions

Yes – Miami, FL is pricier by about 257%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,519 per month in Medellin and $5,429 in Miami, FL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $33.00 in Medellin and $118 in Miami, FL. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,013 in Medellin and $3,619 in Miami, FL. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Miami, FL at $3,619. In Medellin it covers expenses comfortably, while in Miami, FL it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Miami, FL makes more sense. Both are solid long-term options with distinct trade-offs.