Last update: Oct 2026

Cost of Living Comparison Between Medellin and New Providence

For one person, living is cheaper in Medellin: $1,639 a month against $2,187 in New Providence, rent and utilities included – about $6,600 less a year. The total is higher in New Providence despite lower rent and utilities.

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Cost of Living Index in Medellin
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Medellin Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

New Providence

🇧🇸 Bahamas

$2,187

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in New Providence

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

A single person spends $1,639 per month in Medellin vs $2,187 in New Providence, rent included.

Medellin $1,639
New Providence $2,187

A couple spends around $2,413 per month in Medellin vs $5,301 in New Providence, rent included.

Medellin $2,413
New Providence $5,301

A family of three spends $3,186 per month in Medellin vs $8,414 in New Providence, rent included.

Medellin $3,186
New Providence $8,414

Medellin is about 25% cheaper than New Providence, and outside of rent the biggest gap is in eating out.

Both Medellin and New Providence sit above the global median – Medellin by 20%, New Providence by 61%.

Meal at Budget Restaurant

$8.09 COP 26.1K

$76.1 BSD 76.1

-89.37%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$151 BSD 151

-68.92%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

Cappuccino

$3.01 COP 9,734

$5.63 BSD 5.63

-46.54%

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

$1.80 COP 5,809

Water (0.33 liter bottle)

$1.41 COP 4,560

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

Milk (1 liter)

$1.51 COP 4,875

$2.08 BSD 2.08

-27.40%

White Bread (500g)

$2.38 COP 7,677

$5.13 BSD 5.13

-53.61%

Rice (white) (1kg)

$1.77 COP 5,719

$5.02 BSD 5.02

-64.74%

Eggs

$2.89 COP 9,332

$9.84 BSD 9.84

-70.63%

Local Cheese (1kg)

$10.19 COP 32.9K

$20.21 BSD 20.21

-49.58%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$9.96 BSD 9.96

-0.90%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$19.88 BSD 19.88

-29.63%

Apples (1kg)

$3.97 COP 12.8K

$4.31 BSD 4.31

-7.89%

Banana (1kg)

$1.55 COP 5,011

$5.97 BSD 5.97

-74.04%

Oranges (1kg)

$2.18 COP 7,047

$6.80 BSD 6.80

-67.94%

Tomato (1kg)

$2.18 COP 7,050

$3.91 BSD 3.91

-44.25%

Potato (1kg)

$1.96 COP 6,336

$4.12 BSD 4.12

-52.43%

Onion (1kg)

$1.59 COP 5,131

$3.07 BSD 3.07

-48.21%

Lettuce (1 head)

$1.15 COP 3,698

$3.08 BSD 3.08

-62.66%

Water (1.5 liter bottle)

$1.24 COP 4,014

$3.07 BSD 3.07

-59.61%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$15.30 BSD 15.30

-74.12%

Wine (Bottle)

$13.68 COP 44.2K

$25.49 BSD 25.49

-46.33%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$3.88 BSD 3.88

-57.22%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,290

$4.04 BSD 4.04

-44.06%

One-way Ticket (Public Transport)

$1.17 COP 3,770

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

Taxi Start (Normal Tariff)

$1.27 COP 4,094

Taxi (Normal Tariff) (1km)

$2.05 COP 6,611

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

Gasoline (1 liter)

$1.35 COP 4,348

$1.76 BSD 1.76

-23.30%

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

$34.1K COP 110.0M

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

$34.7K COP 111.9M

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

$170 COP 547.7K

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

$13.55 COP 43.7K

$40.64 BSD 40.64

-66.66%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$99.7 BSD 99.7

-71.84%

Gym Membership (Monthly)

$43.70 COP 141.1K

$74.4 BSD 74.4

-41.30%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

Cinema Ticket

$6.91 COP 22.3K

$15.16 BSD 15.16

-54.42%

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

$797 COP 2.6M

$1,504 BSD 1,504

-47.04%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$14.9K BSD 14.9K

-38.97%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.1K

Sport Shoes (Adidas, Nike)

$135 COP 435.7K

Men's Leather Business Shoes

$97.9 COP 316.0K

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$1,526 BSD 1,526

-20.83%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$714 BSD 714

-10.15%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$4,503 BSD 4,503

-77.53%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Medellin: October 25, 2026

Last update for New Providence: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

New Providence

–

Groceries & Markets

Medellin

$297 18.1%

New Providence

–

Monthly Utilities & Internet

Medellin

$211 12.9%

New Providence

–

Eating Out

Medellin

$170 10.4%

New Providence

–

Clothing & Footwear

Medellin

$169 10.3%

New Providence

–

Getting Around

Medellin

$94 5.7%

New Providence

–

Sport & Entertainment

Medellin

$58 3.5%

New Providence

–

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $1,526 in New Providence. 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 $151 in New Providence. Monthly groceries follow the same trend: $297 vs $552 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇧🇸 New Providence

🕒 Local time

08:09 8:09 AM

Same time as Medellin

🌤 Weather

👥 Population

2,486,723

296,522

💱 Currency

Colombian Peso COP $

Bahamian Dollar BSD $

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1 BSD = 1 USD

1 BSD = 0.896 EUR

Exchange rates and currency converter

BSD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

Bahamian Dollar exchange rates as of November 2, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.896 EUR).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin New Providence 2,110 km ≈ 3 h 15 min nonstop flight

From you

Medellin
New Providence

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 New Providence: Cost of Living - Frequently Asked Questions

Yes – New Providence is pricier by about 33%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,459 per month in Medellin and $3,281 in New Providence. 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: a one-bedroom in the center costs $1,208 there versus $1,526 in New Providence.

A mid-range dinner for two costs $47 in Medellin and $151 in New Providence. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 86% more in New Providence, though the gap depends on what you buy.

$2,500 covers both cities comfortably – all-in costs are $1,639 in Medellin and $2,187 in New Providence, leaving budget for savings and extras in both cases.

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.