Last update: Oct 2026

Cost of Living Comparison Between Medellin and Miraflores

For one person, living is cheaper in Miraflores: $1,108 a month against $1,639 in Medellin, rent and utilities included – about $6,400 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
54

Cost of Living Index in Miraflores
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Miraflores Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Miraflores

🇵🇪 Peru

$1,108

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Miraflores

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 Miraflores actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,108 in Miraflores, rent included.

Medellin $1,639
Miraflores $1,108

A couple spends around $2,413 per month in Medellin vs $1,232 in Miraflores, rent included.

Medellin $2,413
Miraflores $1,232

A family of three spends $3,186 per month in Medellin vs $1,356 in Miraflores, rent included.

Medellin $3,186
Miraflores $1,356

Medellin costs about 48% more than Miraflores, and outside of rent the biggest gap is in groceries.

Medellin sits 20% above the global median, while Miraflores is 19% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.09 COP 25.6K

$4.45 PEN 15.37

81.80%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 149.0K

$34.72 PEN 120

35.51%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.1K

$5.34 PEN 18.46

77.90%

Cappuccino

$3.01 COP 9,550

$3.20 PEN 11.06

-5.94%

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

$1.80 COP 5,699

$1.07 PEN 3.69

68.22%

Water (0.33 liter bottle)

$1.41 COP 4,474

$0.62 PEN 2.14

127.42%

Local Beer (0.5 liter draught)

$3.18 COP 10.1K

$2.68 PEN 9.28

18.66%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.2K

$4.44 PEN 15.35

29.50%

Milk (1 liter)

$1.51 COP 4,783

$1.33 PEN 4.61

13.53%

White Bread (500g)

$2.38 COP 7,532

$1.13 PEN 3.92

110.62%

Rice (white) (1kg)

$1.77 COP 5,611

$1.34 PEN 4.64

32.09%

Eggs

$2.89 COP 9,155

$2.99 PEN 10.32

-3.34%

Local Cheese (1kg)

$10.19 COP 32.3K

$9.21 PEN 31.86

10.64%

Chicken Fillets (1kg)

$9.87 COP 31.3K

$5.89 PEN 20.37

67.57%

Beef Round Steak (1kg)

$13.99 COP 44.3K

$9.59 PEN 33.16

45.88%

Apples (1kg)

$3.97 COP 12.6K

$2.05 PEN 7.08

93.66%

Banana (1kg)

$1.55 COP 4,916

$1.03 PEN 3.55

50.49%

Oranges (1kg)

$2.18 COP 6,914

$1.42 PEN 4.90

53.52%

Tomato (1kg)

$2.18 COP 6,917

$1.15 PEN 3.97

89.57%

Potato (1kg)

$1.96 COP 6,217

$0.96 PEN 3.32

104.17%

Onion (1kg)

$1.59 COP 5,034

$0.84 PEN 2.90

89.29%

Lettuce (1 head)

$1.15 COP 3,628

$0.90 PEN 3.09

27.78%

Water (1.5 liter bottle)

$1.24 COP 3,938

$0.59 PEN 2.04

110.17%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.6K

$5.67 PEN 19.61

-30.16%

Wine (Bottle)

$13.68 COP 43.3K

$9.66 PEN 33.38

41.61%

Local Beer (0.5 liter bottle)

$1.66 COP 5,257

$1.71 PEN 5.90

-2.92%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,152

$2.86 PEN 9.88

-20.98%

One-way Ticket (Public Transport)

$1.17 COP 3,699

$0.28 PEN 0.95

317.86%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 245.1K

Taxi Start (Normal Tariff)

$1.27 COP 4,017

$3.50 PEN 12.11

-63.71%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,486

$2.06 PEN 7.11

-0.49%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.1K

$7.67 PEN 26.52

11.47%

Gasoline (1 liter)

$1.35 COP 4,266

$1.28 PEN 4.43

5.47%

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

$34.1K COP 107.9M

$22.0K PEN 76.1K

54.75%

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

$34.7K COP 109.8M

$28.9K PEN 99.8K

20.17%

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

$170 COP 537.4K

$57.4 PEN 198

195.56%

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

$13.55 COP 42.9K

$8.87 PEN 30.65

52.76%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.9K

$26.55 PEN 91.8

5.73%

Gym Membership (Monthly)

$43.70 COP 138.4K

$34.52 PEN 119

26.59%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.4K

Cinema Ticket

$6.91 COP 21.9K

$7.42 PEN 25.64

-6.87%

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

$797 COP 2.5M

$312 PEN 1,078

155.50%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.9M

$12.7K PEN 43.8K

-28.14%

Jeans (Levis 501 Or Similar)

$84.7 COP 268.3K

$52.6 PEN 182

61.06%

Summer Dress (H&M, Zara, etc)

$58.0 COP 183.6K

$34.98 PEN 121

65.69%

Sport Shoes (Adidas, Nike)

$135 COP 427.5K

$82.8 PEN 286

62.94%

Men's Leather Business Shoes

$97.9 COP 310.0K

$79.8 PEN 276

22.66%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$686 PEN 2,372

76.02%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$515 PEN 1,781

24.51%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$1,571 PEN 5,433

29.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

Buy Apartment in City Center (m2)

$4,170 COP 13.2M

$2,511 PEN 8,680

66.10%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.1M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

8.78

24.60%

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

Last update for Medellin: October 25, 2026

Last update for Miraflores: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Miraflores

$515 46.5% 19.7% $126

Groceries & Markets

Medellin

$297 18.1%

Miraflores

$204 18.5% 31.2% $93

Monthly Utilities & Internet

Medellin

$211 12.9%

Miraflores

$93 8.4% 56.1% $118

Eating Out

Medellin

$170 10.4%

Miraflores

$119 10.7% 29.8% $51

Clothing & Footwear

Medellin

$169 10.3%

Miraflores

$113 10.2% 33.4% $56

Getting Around

Medellin

$94 5.7%

Miraflores

$15 * 1.3% 84.1% $79

Sport & Entertainment

Medellin

$58 3.5%

Miraflores

$49 4.5% 14.2% $8.2

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $686 in Miraflores. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $47 in Medellin versus $35 in Miraflores. Monthly groceries follow the same trend: $297 vs $204 – making Miraflores the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇵🇪 Miraflores

🕒 Local time

03:57 3:57 AM

Same time as Medellin

🌤 Weather

👥 Population

2,486,723

99,337

💱 Currency

Colombian Peso COP $

Peruvian Sol PEN S/

📈 Exchange rate

10,000 COP = 3.16 USD

10,000 COP = 2.82 EUR

1 PEN = 0.289 USD

1 PEN = 0.259 EUR

Exchange rates and currency converter

PEN, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 30, 2026: 1 USD = 3,167 COP (10,000 COP = 3.16 USD). 1 EUR = 3,543 COP (10,000 COP = 2.82 EUR).

Peruvian Sol exchange rates as of October 30, 2026: 1 USD = 3.46 PEN (1 PEN = 0.289 USD). 1 EUR = 3.87 PEN (1 PEN = 0.259 EUR).

USD to COP in detail →

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Medellin Miraflores 2,050 km ≈ 3 h nonstop flight

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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 Miraflores: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 48%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,459 per month in Medellin and $1,663 in Miraflores. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Miraflores, especially for central apartments: a one-bedroom in the center costs $686 there versus $1,208 in Medellin.

A mid-range dinner for two costs $47 in Medellin and $35 in Miraflores. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 45% more in Medellin, though the gap depends on what you buy.

A $1,500 monthly budget goes further in Miraflores, where all-in costs run around $1,108, than in Medellin at $1,639. In Miraflores it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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