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 $1,681 per month in Medellin vs $738 in Nova Iguacu, rent included.

A couple spends around $2,445 per month in Medellin vs $1,203 in Nova Iguacu, rent included.

A family of three spends $3,210 per month in Medellin vs $1,667 in Nova Iguacu, rent included.

Medellin costs about 128% more than Nova Iguacu, driven mainly by Groceries & Markets.

Medellin sits 23% above the global median, while Nova Iguacu is 46% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.02 COP 25.4K

$3.43 R$17.66

133.82%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 152.0K

$29.27 R$151

63.55%

Fast Food Meal (McDonalds, etc)

$9.89 COP 31.4K

$7.46 R$38.36

32.57%

Cappuccino

$3.13 COP 9,937

$1.91 R$9.84

63.87%

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

$1.91 COP 6,058

$1.14 R$5.85

67.54%

Water (0.33 liter bottle)

$1.51 COP 4,794

$0.53 R$2.74

184.91%

Local Beer (0.5 liter draught)

$3.12 COP 9,917

$1.64 R$8.43

90.24%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.3K

$1.59 R$8.16

261.64%

Milk (1 liter)

$1.44 COP 4,587

$1.17 R$6.04

23.08%

White Bread (500g)

$2.49 COP 7,894

$1.60 R$8.21

55.63%

Rice (white) (1kg)

$1.77 COP 5,631

$1.13 R$5.80

56.64%

Eggs

$2.96 COP 9,396

$2.00 R$10.29

48.00%

Local Cheese (1kg)

$10.07 COP 32.0K

$8.04 R$41.36

25.25%

Chicken Fillets (1kg)

$10.12 COP 32.1K

$2.75 R$14.14

268.00%

Beef Round Steak (1kg)

$14.30 COP 45.4K

$7.14 R$36.73

100.28%

Apples (1kg)

$4.14 COP 13.1K

$1.38 R$7.08

200.00%

Banana (1kg)

$1.61 COP 5,106

$1.37 R$7.06

17.52%

Oranges (1kg)

$2.25 COP 7,129

$0.94 R$4.85

139.36%

Tomato (1kg)

$2.25 COP 7,150

$1.77 R$9.08

27.12%

Potato (1kg)

$2.04 COP 6,486

$1.00 R$5.14

104.00%

Onion (1kg)

$1.54 COP 4,873

$0.94 R$4.82

63.83%

Lettuce (1 head)

$1.17 COP 3,715

$0.37 R$1.92

216.22%

Water (1.5 liter bottle)

$1.31 COP 4,148

$0.37 R$1.93

254.05%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.4K

$1.82 R$9.37

114.29%

Wine (Bottle)

$14.01 COP 44.5K

$5.82 R$29.92

140.72%

Local Beer (0.5 liter bottle)

$1.74 COP 5,534

$0.93 R$4.79

87.10%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,112

$1.39 R$7.14

106.47%

One-way Ticket (Public Transport)

$1.22 COP 3,858

$1.38 R$7.07

-11.59%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 255.5K

$48.44 R$249

66.14%

Taxi Start (Normal Tariff)

$1.31 COP 4,155

$1.25 R$6.45

4.80%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,944

$1.39 R$7.15

57.55%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.7K

$9.59 R$49.30

-9.18%

Gasoline (1 liter)

$1.37 COP 4,334

$1.10 R$5.66

24.55%

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

$27.8K COP 88.4M

$22.9K R$117.9K

21.38%

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

$35.8K COP 113.6M

$32.8K R$168.8K

8.98%

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

$177 COP 562.9K

$45.61 R$235

288.73%

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

$13.88 COP 44.1K

$11.81 R$60.8

17.53%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 94.4K

$17.89 R$92.0

66.13%

Gym Membership (Monthly)

$44.88 COP 142.5K

$23.56 R$121

90.49%

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.4K

$38.38 R$197

-55.39%

Cinema Ticket

$6.65 COP 21.1K

$5.81 R$29.88

14.46%

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

$813 COP 2.6M

$72.8 R$374

1017.42%

International Primary School, 1 Child (Yearly)

$9,187 COP 29.2M

$1,878 R$9,657

389.16%

Jeans (Levis 501 Or Similar)

$89.5 COP 284.1K

$53.9 R$277

65.91%

Summer Dress (H&M, Zara, etc)

$59.0 COP 187.2K

$37.27 R$192

58.22%

Sport Shoes (Adidas, Nike)

$138 COP 438.8K

$63.9 R$328

116.34%

Men's Leather Business Shoes

$102 COP 324.2K

$58.3 R$300

75.12%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.4M

$315 R$1,618

237.49%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$211 R$1,083

214.83%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 6.0M

$620 R$3,189

204.48%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.3M

$443 R$2,277

131.94%

Buy Apartment in City Center (m2)

$4,183 COP 13.3M

$936 R$4,812

347.05%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

Average Monthly Net Salary (After Tax)

$678 COP 2.2M

$235 R$1,210

188.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

11.12

-1.62%

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

Last update for Medellin: September 14, 2026

Last update for Nova Iguacu: September 12, 2026

Cost Breakdown

A central one-bedroom costs $1,062 in Medellin versus $315 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 188% 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 $48.00 in Medellin versus $29.00 in Nova Iguacu. Monthly groceries follow the same trend: $305 vs $157 – 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 128%, 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 $2,521 per month in Medellin and $1,108 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 $48.00 in Medellin and $29.00 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 $1,681 in Medellin and $738 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 $738, than in Medellin at $1,681. 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.