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

Monthly Cost of Living

A single person spends $1,034 per month in Medellin vs $703 in Oyo, rent included.

A couple spends around $1,577 per month in Medellin vs $1,281 in Oyo, rent included.

A family of three spends $2,120 per month in Medellin vs $1,859 in Oyo, rent included.

Medellin costs about 47% more than Oyo, driven mainly by Clothing & Footwear.

Both Medellin and Oyo are more affordable than the global median – Medellin 23% lower, Oyo 47% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$2.65 ₦3,651

123.40%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$50.3 ₦69.3K

-34.92%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$5.18 ₦7,126

39.00%

Cappuccino

$1.70 COP 6,140

$2.13 ₦2,935

-20.19%

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

$1.10 COP 3,966

$0.34 ₦468

223.53%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.22 ₦303

227.27%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$0.85 ₦1,166

96.47%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$1.38 ₦1,901

124.64%

Milk (1 liter)

$1.06 COP 3,809

$2.24 ₦3,080

-52.68%

White Bread (500g)

$1.25 COP 4,497

$1.24 ₦1,705

0.81%

Rice (white) (1kg)

$1.39 COP 5,022

$2.34 ₦3,228

-40.60%

Eggs

$2.26 COP 8,168

$1.76 ₦2,418

28.41%

Local Cheese (1kg)

$4.33 COP 15.6K

$6.17 ₦8,496

-29.82%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$4.12 ₦5,674

41.75%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$5.35 ₦7,370

65.05%

Apples (1kg)

$2.24 COP 8,099

$3.55 ₦4,881

-36.90%

Banana (1kg)

$1.08 COP 3,882

$2.10 ₦2,898

-48.57%

Oranges (1kg)

$1.53 COP 5,522

$2.09 ₦2,880

-26.79%

Tomato (1kg)

$1.37 COP 4,950

$2.40 ₦3,301

-42.92%

Potato (1kg)

$1.13 COP 4,078

$2.28 ₦3,141

-50.44%

Onion (1kg)

$1.12 COP 4,036

$1.92 ₦2,647

-41.67%

Lettuce (1 head)

$0.85 COP 3,057

$1.97 ₦2,713

-56.85%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.35 ₦484

160.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$1.25 ₦1,714

86.40%

Wine (Bottle)

$11.13 COP 40.2K

$3.17 ₦4,359

251.10%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$0.64 ₦884

85.94%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$0.88 ₦1,213

169.32%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$0.34 ₦473

132.35%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

$14.36 ₦19.8K

186.42%

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$1.24 ₦1,709

16.13%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$2.26 ₦3,111

-15.49%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$4.58 ₦6,300

75.11%

Gasoline (1 liter)

$0.94 COP 3,385

$0.77 ₦1,067

22.08%

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

$17.9K COP 64.7M

$20.4K ₦28.1M

-12.16%

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

$26.8K COP 96.7M

$20.5K ₦28.3M

30.41%

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

$84.0 COP 303.1K

$41.78 ₦57.5K

100.96%

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

$9.60 COP 34.7K

$9.99 ₦13.8K

-3.90%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$34.55 ₦47.6K

-30.07%

Gym Membership (Monthly)

$25.88 COP 93.4K

$14.43 ₦19.9K

79.35%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

$4.59 ₦6,314

314.81%

Cinema Ticket

$3.92 COP 14.1K

$6.24 ₦8,597

-37.18%

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

$306 COP 1.1M

$82.7 ₦113.8K

270.58%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$2,271 ₦3.1M

160.66%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$19.56 ₦26.9K

196.06%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$24.26 ₦33.4K

31.16%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$48.20 ₦66.4K

107.26%

Men's Leather Business Shoes

$107 COP 386.8K

$34.59 ₦47.6K

209.74%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$412 ₦566.9K

18.22%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$248 ₦341.7K

48.32%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$1,055 ₦1.5M

-21.74%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$637 ₦876.9K

12.44%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

$742 ₦1.0M

294.23%

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

$184 ₦253.9K

662.89%

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$33.32 ₦45.9K

1537.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

34.30%

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

Last update for Medellin: April 27, 2026

Last update for Oyo: April 27, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $412 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 1537% 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 $50.0 in Oyo. Monthly groceries follow the same trend: $190 vs $191 – making Medellin 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 Oyo: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 47%, 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 $1,055 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 $33.00 in Medellin and $50.0 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 $1,034 in Medellin and $703 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 $703, than in Medellin at $1,034. 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.