Last update: Oct 2026

Cost of Living Comparison Between Medellin and Ouro Preto, Minas Gerais

For one person, living is cheaper in Ouro Preto, Minas Gerais: $815 a month against $1,625 in Medellin, rent and utilities included – about $9,700 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
39

Cost of Living Index in Ouro Preto, Minas Gerais
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Ouro Preto, Minas Gerais Living Index

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Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Ouro Preto, Minas Gerais

🇧🇷 Brazil

$815

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Ouro Preto, Minas Gerais

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 Ouro Preto, Minas Gerais actually costs, broken down by who's living it.

A single person spends $1,625 per month in Medellin vs $815 in Ouro Preto, Minas Gerais, rent included.

Medellin $1,625
Ouro Preto, Minas Gerais $815

A couple spends around $2,412 per month in Medellin vs $1,262 in Ouro Preto, Minas Gerais, rent included.

Medellin $2,412
Ouro Preto, Minas Gerais $1,262

A family of three spends $3,199 per month in Medellin vs $1,709 in Ouro Preto, Minas Gerais, rent included.

Medellin $3,199
Ouro Preto, Minas Gerais $1,709

Medellin costs about 99% more than Ouro Preto, Minas Gerais, and outside of rent the biggest gap is in groceries.

Medellin sits 20% above the global median, while Ouro Preto, Minas Gerais is 40% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.30 COP 26.3K

$4.62 R$23.40

79.65%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$15.98 R$81.0

193.55%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$7.03 R$35.64

31.44%

Cappuccino

$3.05 COP 9,676

$1.78 R$9.03

71.35%

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

$1.80 COP 5,707

$1.43 R$7.26

25.87%

Water (0.33 liter bottle)

$1.38 COP 4,382

$0.59 R$2.99

133.90%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$1.16 R$5.90

179.31%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$2.35 R$11.91

136.60%

Milk (1 liter)

$1.50 COP 4,760

$0.95 R$4.79

57.89%

White Bread (500g)

$2.37 COP 7,508

$1.56 R$7.90

51.92%

Rice (white) (1kg)

$1.70 COP 5,377

$1.39 R$7.03

22.30%

Eggs

$2.96 COP 9,379

$2.02 R$10.26

46.53%

Local Cheese (1kg)

$10.22 COP 32.4K

$9.08 R$46.03

12.56%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$3.52 R$17.83

176.70%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$9.71 R$49.21

43.15%

Apples (1kg)

$4.13 COP 13.1K

$1.88 R$9.55

119.68%

Banana (1kg)

$1.53 COP 4,839

$1.15 R$5.81

33.04%

Oranges (1kg)

$2.22 COP 7,052

$0.99 R$5.03

124.24%

Tomato (1kg)

$2.27 COP 7,194

$1.26 R$6.39

80.16%

Potato (1kg)

$1.99 COP 6,311

$0.70 R$3.54

184.29%

Onion (1kg)

$1.67 COP 5,285

$0.83 R$4.21

101.20%

Lettuce (1 head)

$1.18 COP 3,742

$0.54 R$2.72

118.52%

Water (1.5 liter bottle)

$1.24 COP 3,919

$0.82 R$4.16

51.22%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$1.62 R$8.20

138.89%

Wine (Bottle)

$13.78 COP 43.7K

$6.15 R$31.18

124.07%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$0.98 R$4.97

69.39%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$1.43 R$7.27

67.83%

One-way Ticket (Public Transport)

$1.24 COP 3,944

$1.04 R$5.25

19.23%

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

$43.65 R$221

79.18%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

$1.44 R$7.28

-11.11%

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

$0.74 R$3.77

190.54%

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

$3.90 R$19.77

114.62%

Gasoline (1 liter)

$1.35 COP 4,288

$1.35 R$6.85

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

$34.8K COP 110.2M

$12.2K R$61.8K

185.23%

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

$34.7K COP 110.0M

$30.0K R$152.3K

15.46%

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

$167 COP 528.4K

$59.4 R$301

180.65%

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

$13.62 COP 43.2K

$9.87 R$50.1

37.99%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$19.00 R$96.3

53.26%

Gym Membership (Monthly)

$45.09 COP 143.0K

$26.09 R$132

72.82%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

$27.68 R$140

-37.93%

Cinema Ticket

$6.97 COP 22.1K

$6.85 R$34.74

1.75%

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

$790 COP 2.5M

$143 R$726

451.91%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

$1,980 R$10.0K

356.58%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$70.6 R$358

24.34%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$82.6 R$419

-29.63%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$66.4 R$336

109.39%

Men's Leather Business Shoes

$98.9 COP 313.5K

$48.64 R$247

103.27%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$354 R$1,795

190.39%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$240 R$1,217

158.00%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$671 R$3,403

180.16%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$450 R$2,280

124.06%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

$1,681 R$8,523

137.21%

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

$1,193 R$6,045

42.72%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

10.67

2.53%

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

Last update for Medellin: October 19, 2026

Last update for Ouro Preto, Minas Gerais: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Ouro Preto, Minas Gerais

$240 29.5% 61.2% $379

Groceries & Markets

Medellin

$298 18.3%

Ouro Preto, Minas Gerais

$175 21.5% 41.2% $123

Monthly Utilities & Internet

Medellin

$209 12.9%

Ouro Preto, Minas Gerais

$88 10.8% 57.9% $121

Clothing & Footwear

Medellin

$173 10.6%

Ouro Preto, Minas Gerais

$121 14.8% 30.1% $52

Eating Out

Medellin

$171 10.5%

Ouro Preto, Minas Gerais

$98 12% 42.6% $73

Getting Around

Medellin

$95 5.9%

Ouro Preto, Minas Gerais

$53 6.5% 44.4% $42

Sport & Entertainment

Medellin

$59 3.6%

Ouro Preto, Minas Gerais

$40 4.9% 32.6% $19

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $354 in Ouro Preto, Minas Gerais. 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 $47.00 in Medellin versus $16.00 in Ouro Preto, Minas Gerais. Monthly groceries follow the same trend: $298 vs $175 – making Ouro Preto, Minas Gerais the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇧🇷 Ouro Preto, Minas Gerais

🕒 Local time

03:11 3:11 AM

05:11 5:11 AM

2 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

74,821

💱 Currency

Colombian Peso COP $

Brazilian Real BRL R$

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 BRL = 0.197 USD

1 BRL = 0.175 EUR

Exchange rates and currency converter

BRL, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 22, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Brazilian Real exchange rates as of October 22, 2026: 1 USD = 5.07 BRL (1 BRL = 0.197 USD). 1 EUR = 5.7 BRL (1 BRL = 0.175 EUR).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin Ouro Preto, Minas Gerais 4,590 km ≈ 6 h nonstop flight

From you

Medellin
Ouro Preto, Minas Gerais

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 Ouro Preto, Minas Gerais: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 99%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,437 per month in Medellin and $1,222 in Ouro Preto, Minas Gerais. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ouro Preto, Minas Gerais, 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 $47.00 in Medellin and $16.00 in Ouro Preto, Minas Gerais. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,625 in Medellin and $815 in Ouro Preto, Minas Gerais. That's a gap of about 99%.

A $1,500 monthly budget goes further in Ouro Preto, Minas Gerais, where all-in costs run around $815, than in Medellin at $1,625. In Ouro Preto, Minas Gerais it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Ouro Preto, Minas Gerais – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Ouro Preto, Minas Gerais. 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.