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 $1,034 per month in Medellin vs $695 in Nova Iguacu, rent included.

A couple spends around $1,577 per month in Medellin vs $1,099 in Nova Iguacu, rent included.

A family of three spends $2,120 per month in Medellin vs $1,504 in Nova Iguacu, rent included.

Medellin costs about 49% more than Nova Iguacu, driven mainly by Clothing & Footwear.

Both Medellin and Nova Iguacu are more affordable than the global median – Medellin 23% lower, Nova Iguacu 48% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$2.93 R$14.63

102.05%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$23.00 R$115

42.39%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$7.25 R$36.18

-0.69%

Cappuccino

$1.70 COP 6,140

$1.88 R$9.37

-9.57%

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

$1.10 COP 3,966

$1.01 R$5.02

8.91%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.53 R$2.63

35.85%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$1.58 R$7.91

5.70%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$1.33 R$6.62

133.08%

Milk (1 liter)

$1.06 COP 3,809

$1.10 R$5.48

-3.64%

White Bread (500g)

$1.25 COP 4,497

$1.28 R$6.39

-2.34%

Rice (white) (1kg)

$1.39 COP 5,022

$1.11 R$5.54

25.23%

Eggs

$2.26 COP 8,168

$1.92 R$9.58

17.71%

Local Cheese (1kg)

$4.33 COP 15.6K

$7.70 R$38.44

-43.77%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$2.52 R$12.59

131.75%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$6.68 R$33.33

32.19%

Apples (1kg)

$2.24 COP 8,099

$1.27 R$6.34

76.38%

Banana (1kg)

$1.08 COP 3,882

$1.28 R$6.41

-15.62%

Oranges (1kg)

$1.53 COP 5,522

$0.86 R$4.28

77.91%

Tomato (1kg)

$1.37 COP 4,950

$1.58 R$7.90

-13.29%

Potato (1kg)

$1.13 COP 4,078

$0.93 R$4.66

21.51%

Onion (1kg)

$1.12 COP 4,036

$0.94 R$4.68

19.15%

Lettuce (1 head)

$0.85 COP 3,057

$0.37 R$1.85

129.73%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.38 R$1.88

139.47%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$1.70 R$8.48

37.06%

Wine (Bottle)

$11.13 COP 40.2K

$6.16 R$30.73

80.68%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$0.93 R$4.66

27.96%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$1.27 R$6.36

86.61%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$1.29 R$6.46

-38.76%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

$45.37 R$226

-9.35%

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$0.87 R$4.32

65.52%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$1.07 R$5.33

78.50%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$8.81 R$43.97

-8.97%

Gasoline (1 liter)

$0.94 COP 3,385

$1.02 R$5.07

-7.84%

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

$17.9K COP 64.7M

$22.6K R$112.9K

-20.79%

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

$26.8K COP 96.7M

$29.0K R$144.5K

-7.49%

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

$84.0 COP 303.1K

$46.06 R$230

82.28%

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

$9.60 COP 34.7K

$10.93 R$54.5

-12.17%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$18.66 R$93.1

29.47%

Gym Membership (Monthly)

$25.88 COP 93.4K

$21.94 R$109

17.96%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

$21.85 R$109

-12.86%

Cinema Ticket

$3.92 COP 14.1K

$5.35 R$26.71

-26.73%

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

$306 COP 1.1M

$67.9 R$339

351.33%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$1,709 R$8,527

246.36%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$53.3 R$266

8.71%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$34.02 R$170

-6.47%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$57.5 R$287

73.74%

Men's Leather Business Shoes

$107 COP 386.8K

$53.1 R$265

101.92%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$302 R$1,508

61.02%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$229 R$1,144

60.53%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$587 R$2,927

40.75%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$409 R$2,041

75.04%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

$1,659 R$8,278

76.32%

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

$1,214 R$6,057

15.89%

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$243 R$1,215

124.06%

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: April 27, 2026

Last update for Nova Iguacu: April 27, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $302 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 124% 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 $23.00 in Nova Iguacu. Monthly groceries follow the same trend: $190 vs $147 – 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 49%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,550 per month in Medellin and $1,042 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 $23.00 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 $1,034 in Medellin and $695 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 $695, than in Medellin at $1,034. 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.