Cost of Living Comparison Between Medellin and Oyo Cost of Living Comparison Between Medellin and Oyo

Monthly Cost of Living

A single person spends $1,641 per month in Medellin vs $630 in Oyo, rent included.

A couple spends around $2,447 per month in Medellin vs $1,163 in Oyo, rent included.

A family of three spends $3,253 per month in Medellin vs $1,695 in Oyo, rent included.

Medellin costs about 161% more than Oyo, driven mainly by Groceries & Markets.

Medellin sits 19% above the global median, while Oyo is 54% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.04 COP 24.8K

$3.79 ₦5,016

112.14%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$50.8 ₦67.3K

-4.88%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$7.56 ₦10.0K

24.60%

Cappuccino

$2.94 COP 9,040

$2.85 ₦3,774

3.16%

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

$1.86 COP 5,735

$0.45 ₦596

313.33%

Water (0.33 liter bottle)

$1.46 COP 4,479

$0.10 ₦134

1360.00%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$0.38 ₦507

744.74%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$0.54 ₦710

957.41%

Milk (1 liter)

$1.44 COP 4,428

$3.16 ₦4,190

-54.43%

White Bread (500g)

$2.40 COP 7,389

$0.51 ₦673

370.59%

Rice (white) (1kg)

$1.70 COP 5,228

$0.91 ₦1,209

86.81%

Eggs

$2.89 COP 8,896

$2.25 ₦2,976

28.44%

Local Cheese (1kg)

$10.06 COP 30.9K

$3.50 ₦4,643

187.43%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$3.79 ₦5,020

163.06%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$4.46 ₦5,913

218.39%

Apples (1kg)

$3.98 COP 12.3K

$1.69 ₦2,235

135.50%

Banana (1kg)

$1.58 COP 4,878

$1.29 ₦1,705

22.48%

Oranges (1kg)

$2.15 COP 6,624

$1.13 ₦1,495

90.27%

Tomato (1kg)

$2.30 COP 7,078

$1.26 ₦1,676

82.54%

Potato (1kg)

$2.00 COP 6,169

$1.30 ₦1,727

53.85%

Onion (1kg)

$1.51 COP 4,646

$1.31 ₦1,743

15.27%

Lettuce (1 head)

$1.20 COP 3,701

$0.88 ₦1,169

36.36%

Water (1.5 liter bottle)

$1.28 COP 3,946

$0.29 ₦382

341.38%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$0.59 ₦777

550.85%

Wine (Bottle)

$14.01 COP 43.1K

$2.55 ₦3,383

449.41%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$0.38 ₦506

350.00%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$0.47 ₦618

482.98%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$0.38 ₦509

228.95%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

$15.06 ₦20.0K

417.26%

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$0.70 ₦926

87.14%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$0.96 ₦1,267

126.04%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$2.22 ₦2,946

273.42%

Gasoline (1 liter)

$1.36 COP 4,172

$0.89 ₦1,182

52.81%

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

$27.5K COP 84.5M

$11.3K ₦14.9M

143.63%

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

$36.5K COP 112.4M

$13.5K ₦17.8M

171.42%

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

$169 COP 519.2K

$14.73 ₦19.5K

1045.42%

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

$13.57 COP 41.8K

$15.95 ₦21.1K

-14.92%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$32.53 ₦43.1K

-12.94%

Gym Membership (Monthly)

$45.71 COP 140.7K

$14.78 ₦19.6K

209.27%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$4.63 ₦6,136

271.92%

Cinema Ticket

$6.65 COP 20.5K

$4.77 ₦6,326

39.41%

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

$803 COP 2.5M

$675 ₦895.2K

18.94%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$20.1K ₦26.6M

-54.29%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$5.86 ₦7,764

1390.78%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$18.04 ₦23.9K

229.10%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$15.15 ₦20.1K

816.90%

Men's Leather Business Shoes

$102 COP 314.0K

$10.66 ₦14.1K

857.22%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$438 ₦580.9K

144.31%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$256 ₦339.6K

154.83%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$1,118 ₦1.5M

72.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$679 ₦900.2K

54.27%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$761 ₦1.0M

442.00%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$190 ₦251.2K

795.62%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$33.54 ₦44.4K

1852.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

9.40%

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

Last update for Medellin: September 7, 2026

Last update for Oyo: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $438 in Oyo. 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 1853% 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 $51.0 in Oyo. Groceries tell a different story – $300 in Medellin vs $141 in Oyo – so Oyo wins on supermarket bills even if dining out costs more.

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 Oyo: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 161%, 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 $2,462 per month in Medellin and $945 in Oyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Oyo, 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 $51.0 in Oyo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,641 in Medellin and $630 in Oyo. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Oyo, where all-in costs run around $630, than in Medellin at $1,641. In Oyo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Oyo – 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 Oyo. 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.