Cost of Living Comparison Between Medellin and Monaco Cost of Living Comparison Between Medellin and Monaco

🙂 Solo nomad: Medellin is 73.4% cheaper than Monaco without rent, and 90.6% cheaper with rent.
🙂 Family of 3: Medellin is 77.6% cheaper than Monaco without rent, and 83.7% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Monaco
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$23.61 €20.38
-73.61%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$203 €176
-84.09%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.81 €10.2
-37.43%
Cappuccino
$1.72 COP 7,155
$4.91 €4.24
-64.97%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$5.94 €5.13
-81.48%
Water (0.33 liter bottle)
$0.73 COP 3,060
$4.74 €4.1
-84.60%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$9.61 €8.3
-82.73%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$8 €6.91
-60.00%
🛒 Groceries & Markets
Medellin
Monaco
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.81 €1.57
-39.78%
White Bread (500g)
$1.24 COP 5,188
$4.38 €3.79
-71.69%
Rice (white) (1kg)
$1.33 COP 5,544
$3.47 €2.99
-61.67%
Eggs
$2.22 COP 9,252
$4.7 €4.06
-52.77%
Local Cheese (1kg)
$4.55 COP 19K
$17.61 €15.21
-74.16%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$17.15 €14.81
-66.71%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$17.04 €14.71
-49.59%
Apples (1kg)
$2.26 COP 9,410
$2.62 €2.26
-13.74%
Banana (1kg)
$1.07 COP 4,461
$2.81 €2.43
-61.92%
Oranges (1kg)
$1.51 COP 6,293
$2.88 €2.49
-47.57%
Tomato (1kg)
$1.42 COP 5,911
$4.73 €4.08
-69.98%
Potato (1kg)
$1.11 COP 4,619
$2.52 €2.17
-55.95%
Onion (1kg)
$1.18 COP 4,932
$2.77 €2.39
-57.40%
Lettuce (1 head)
$0.89 COP 3,718
$1.91 €1.65
-53.40%
Water (1.5 liter bottle)
$0.84 COP 3,507
$8.3 €7.17
-89.88%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$14.18 €12.24
-83.43%
Wine (Bottle)
$9.34 COP 38.9K
$8.19 €7.07
14.04%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.63 €1.41
-27.61%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$5.29 €4.57
-52.93%
🚌 Getting Around
Medellin
Monaco
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$2.19 €1.89
-62.10%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$25.81 €22.28
62.34%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$7.83 €6.76
-81.99%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.58 €1.36
24.05%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$92.4 €79.8
-91.51%
Gasoline (1 liter)
$1.02 COP 4,265
$2.49 €2.15
-59.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$50.3K €43.5K
-65.04%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$39.9K €34.5K
-34.38%
🧾 Monthly Utilities & Internet
Medellin
Monaco
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$331 €286
-75.06%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$48.34 €41.74
-80.47%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$65.5 €56.5
-64.08%
🎉 Sport & Entertainment
Medellin
Monaco
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$567 €489
-95.47%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$47.13 €40.7
-59.39%
Cinema Ticket
$3.96 COP 16.5K
$13.7 €11.83
-71.09%
🧸 Childcare & Education
Medellin
Monaco
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$2,288 €1,976
-86.68%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$46.1K €39.8K
-87.15%
👕👟 Clothing & Footwear
Medellin
Monaco
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$172 €148
-66.24%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$68.5 €59.2
-53.89%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$203 €175
-49.12%
Men's Leather Business Shoes
$106 COP 440.5K
$681 €588
-84.48%
🏠 Accommodation & Living
Medellin
Monaco
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$8,622 €7,444
-94.32%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$8,477 €7,319
-95.53%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$43.5K €37.5K
-98.10%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$6,826 €5,894
-89.32%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$83K €71.6K
-97.36%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$74.2K €64K
-97.93%
💵 Salaries & Financials
Medellin
Monaco
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$6,690 €5,776
-91.78%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
3.25
313.23%

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

Last update for Medellin: October 28, 2025

Last update for Monaco: October 28, 2025

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