Cost of Living Comparison Between Medellin and Nova Iguacu Cost of Living Comparison Between Medellin and Nova Iguacu

Monthly Cost of Living

A single person spends $1,003 per month in Medellin vs $714 in Nova Iguacu, rent included.

A couple spends around $1,573 per month in Medellin vs $1,119 in Nova Iguacu, rent included.

A family of three spends $2,143 per month in Medellin vs $1,524 in Nova Iguacu, rent included.

Medellin costs about 40% more than Nova Iguacu, driven mainly by Groceries & Markets.

Both Medellin and Nova Iguacu are more affordable than the global median – Medellin 25% lower, Nova Iguacu 46% lower.

Meal at Budget Restaurant

$5.91 COP 18.6K

$2.96 R$15.01

99.66%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 103.8K

$23.76 R$121

38.72%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.4K

$7.14 R$36.23

4.06%

Cappuccino

$1.65 COP 5,207

$1.86 R$9.42

-11.29%

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

$1.10 COP 3,468

$1.00 R$5.09

10.00%

Water (0.33 liter bottle)

$0.78 COP 2,458

$0.50 R$2.51

56.00%

Local Beer (0.5 liter draught)

$1.72 COP 5,412

$1.58 R$8.01

8.86%

Imported Beer (0.33 liter bottle)

$3.18 COP 10.0K

$1.37 R$6.93

132.12%

Milk (1 liter)

$1.10 COP 3,474

$1.08 R$5.50

1.85%

White Bread (500g)

$1.26 COP 3,962

$1.29 R$6.53

-2.33%

Rice (white) (1kg)

$1.38 COP 4,349

$1.10 R$5.56

25.45%

Eggs

$2.18 COP 6,858

$1.86 R$9.42

17.20%

Local Cheese (1kg)

$4.49 COP 14.1K

$7.55 R$38.32

-40.53%

Chicken Fillets (1kg)

$5.79 COP 18.2K

$2.50 R$12.71

131.60%

Beef Round Steak (1kg)

$8.97 COP 28.2K

$6.51 R$33.06

37.79%

Apples (1kg)

$2.32 COP 7,308

$1.29 R$6.54

79.84%

Banana (1kg)

$1.06 COP 3,352

$1.24 R$6.29

-14.52%

Oranges (1kg)

$1.52 COP 4,774

$0.88 R$4.47

72.73%

Tomato (1kg)

$1.36 COP 4,270

$1.53 R$7.76

-11.11%

Potato (1kg)

$1.13 COP 3,552

$0.88 R$4.45

28.41%

Onion (1kg)

$1.17 COP 3,689

$0.87 R$4.41

34.48%

Lettuce (1 head)

$0.90 COP 2,838

$0.37 R$1.88

143.24%

Water (1.5 liter bottle)

$0.90 COP 2,823

$0.37 R$1.88

143.24%

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,034

$1.75 R$8.87

27.43%

Wine (Bottle)

$12.12 COP 38.2K

$5.71 R$28.97

112.26%

Local Beer (0.5 liter bottle)

$1.19 COP 3,743

$0.93 R$4.71

27.96%

Imported Beer (0.33 liter bottle)

$2.48 COP 7,815

$1.29 R$6.56

92.25%

One-way Ticket (Public Transport)

$0.85 COP 2,687

$1.30 R$6.58

-34.62%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

$45.91 R$233

-9.34%

Taxi Start (Normal Tariff)

$1.42 COP 4,459

$0.86 R$4.37

65.12%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

$1.03 R$5.22

89.32%

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

$8.51 R$43.16

-7.29%

Gasoline (1 liter)

$0.99 COP 3,118

$1.00 R$5.08

-1.00%

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

$17.6K COP 55.4M

$22.1K R$112.2K

-20.36%

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

$26.8K COP 84.4M

$28.7K R$145.5K

-6.54%

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

$83.0 COP 261.4K

$45.04 R$229

84.30%

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

$9.70 COP 30.5K

$11.01 R$55.9

-11.90%

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 74.1K

$18.98 R$96.3

23.92%

Gym Membership (Monthly)

$25.26 COP 79.5K

$21.74 R$110

16.19%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

$21.71 R$110

-12.02%

Cinema Ticket

$3.95 COP 12.4K

$5.53 R$28.05

-28.57%

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

$316 COP 994.2K

$67.9 R$345

365.08%

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

$1,752 R$8,890

241.03%

Jeans (Levis 501 Or Similar)

$60.0 COP 188.9K

$53.6 R$272

11.90%

Summer Dress (H&M, Zara, etc)

$31.82 COP 100.2K

$34.11 R$173

-6.71%

Sport Shoes (Adidas, Nike)

$102 COP 320.1K

$57.4 R$291

77.09%

Men's Leather Business Shoes

$107 COP 338.3K

$53.8 R$273

99.80%

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

$294 R$1,492

61.58%

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

$222 R$1,128

68.18%

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.7M

$591 R$2,997

43.76%

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.3M

$398 R$2,022

80.56%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

$926 R$4,700

252.51%

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

$233 R$1,185

167.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

10.92

22.99%

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

Last update for Medellin: July 27, 2026

Last update for Nova Iguacu: July 26, 2026

Cost Breakdown

A central one-bedroom costs $475 in Medellin versus $294 in Nova Iguacu. 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 168% higher in Medellin, 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 $24.00 in Nova Iguacu. Monthly groceries follow the same trend: $193 vs $144 – making Nova Iguacu 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 Nova Iguacu: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 40%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,504 per month in Medellin and $1,071 in Nova Iguacu. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Nova Iguacu, 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 $24.00 in Nova Iguacu. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,003 in Medellin and $714 in Nova Iguacu. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Nova Iguacu, where all-in costs run around $714, than in Medellin at $1,003. In Nova Iguacu it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Nova Iguacu – 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 Nova Iguacu. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.