Last update: Oct 2026

Cost of Living Comparison Between Medellin and Oyo

For one person, living is cheaper in Oyo: $619 a month against $1,639 in Medellin, rent and utilities included – about $12,200 less a year. Rent and utilities account for about half of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
30

Cost of Living Index in Oyo
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Oyo Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Oyo

🇳🇬 Nigeria

$619

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Oyo

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 Oyo actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $619 in Oyo, rent included.

Medellin $1,639
Oyo $619

A couple spends around $2,413 per month in Medellin vs $1,152 in Oyo, rent included.

Medellin $2,413
Oyo $1,152

A family of three spends $3,186 per month in Medellin vs $1,685 in Oyo, rent included.

Medellin $3,186
Oyo $1,685

Medellin costs about 165% more than Oyo, and outside of rent the biggest gap is in groceries.

Medellin sits 20% above the global median, while Oyo is 55% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.09 COP 25.4K

$3.77 ₦5,055

114.59%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

$50.8 ₦68.1K

-7.38%

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

$7.43 ₦9,952

27.86%

Cappuccino

$3.01 COP 9,485

$2.76 ₦3,697

9.06%

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

$1.80 COP 5,660

$0.44 ₦585

309.09%

Water (0.33 liter bottle)

$1.41 COP 4,443

$0.11 ₦153

1181.82%

Local Beer (0.5 liter draught)

$3.18 COP 9,990

$0.36 ₦482

783.33%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$0.53 ₦713

984.91%

Milk (1 liter)

$1.51 COP 4,751

$3.22 ₦4,322

-53.11%

White Bread (500g)

$2.38 COP 7,480

$0.55 ₦732

332.73%

Rice (white) (1kg)

$1.77 COP 5,573

$0.92 ₦1,239

92.39%

Eggs

$2.89 COP 9,093

$2.15 ₦2,885

34.42%

Local Cheese (1kg)

$10.19 COP 32.1K

$3.58 ₦4,795

184.64%

Chicken Fillets (1kg)

$9.87 COP 31.1K

$3.97 ₦5,320

148.61%

Beef Round Steak (1kg)

$13.99 COP 44.0K

$4.43 ₦5,932

215.80%

Apples (1kg)

$3.97 COP 12.5K

$1.69 ₦2,261

134.91%

Banana (1kg)

$1.55 COP 4,883

$1.31 ₦1,758

18.32%

Oranges (1kg)

$2.18 COP 6,867

$1.08 ₦1,448

101.85%

Tomato (1kg)

$2.18 COP 6,870

$1.48 ₦1,988

47.30%

Potato (1kg)

$1.96 COP 6,174

$1.61 ₦2,158

21.74%

Onion (1kg)

$1.59 COP 5,000

$1.50 ₦2,004

6.00%

Lettuce (1 head)

$1.15 COP 3,604

$0.82 ₦1,104

40.24%

Water (1.5 liter bottle)

$1.24 COP 3,911

$0.31 ₦417

300.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

$0.58 ₦783

582.76%

Wine (Bottle)

$13.68 COP 43.0K

$2.46 ₦3,295

456.10%

Local Beer (0.5 liter bottle)

$1.66 COP 5,221

$0.36 ₦481

361.11%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,103

$0.46 ₦620

391.30%

One-way Ticket (Public Transport)

$1.17 COP 3,674

$0.36 ₦482

225.00%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

$14.82 ₦19.9K

422.06%

Taxi Start (Normal Tariff)

$1.27 COP 3,989

$0.65 ₦878

95.38%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

$0.90 ₦1,209

127.78%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

$2.13 ₦2,852

301.41%

Gasoline (1 liter)

$1.35 COP 4,237

$0.90 ₦1,213

50.00%

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

$34.1K COP 107.2M

$11.3K ₦15.2M

200.99%

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

$34.7K COP 109.1M

$28.3K ₦37.9M

22.57%

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

$170 COP 533.7K

$15.13 ₦20.3K

1021.28%

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

$13.55 COP 42.6K

$14.63 ₦19.6K

-7.38%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

$33.32 ₦44.7K

-15.76%

Gym Membership (Monthly)

$43.70 COP 137.5K

$14.71 ₦19.7K

197.08%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

$4.66 ₦6,241

268.88%

Cinema Ticket

$6.91 COP 21.7K

$6.24 ₦8,362

10.74%

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

$797 COP 2.5M

$672 ₦900.3K

18.59%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

$19.8K ₦26.5M

-53.95%

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

$5.95 ₦7,978

1323.87%

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

$18.40 ₦24.7K

215.00%

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

$14.96 ₦20.1K

802.14%

Men's Leather Business Shoes

$97.9 COP 307.9K

$10.29 ₦13.8K

851.12%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$434 ₦582.2K

178.05%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$250 ₦334.9K

156.75%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$1,126 ₦1.5M

80.04%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

$671 ₦899.6K

50.74%

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

$741 ₦992.7K

463.07%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

$185 ₦247.3K

935.18%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$33.86 ₦45.4K

1840.76%

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: October 25, 2026

Last update for Oyo: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Oyo

$250 40.4% 61.1% $392

Groceries & Markets

Medellin

$297 18.1%

Oyo

$144 23.3% 51.4% $153

Monthly Utilities & Internet

Medellin

$211 12.9%

Oyo

$63 10.2% 70.1% $148

Eating Out

Medellin

$170 10.4%

Oyo

$91 14.6% 46.6% $79

Clothing & Footwear

Medellin

$169 10.3%

Oyo

$22 3.6% 86.8% $147

Getting Around

Medellin

$94 5.7%

Oyo

$21 3.5% 77.1% $72

Sport & Entertainment

Medellin

$58 3.5%

Oyo

$27 4.4% 52.7% $30

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $434 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 in Medellin are about 19 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $51 in Oyo. Groceries tell a different story – $297 in Medellin vs $144 in Oyo – so Oyo wins on supermarket bills even if dining out costs more.

Good to know

🇨🇴 Medellin

🇳🇬 Oyo

🕒 Local time

14:02 2:02 PM

20:02 8:02 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

736,100

💱 Currency

Colombian Peso COP $

Nigerian Naira NGN ₦

📈 Exchange rate

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

10,000 NGN = 7.46 USD

10,000 NGN = 6.7 EUR

Exchange rates and currency converter

NGN, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

Nigerian Naira exchange rates as of October 28, 2026: 1 USD = 1,340 NGN (10,000 NGN = 7.46 USD). 1 EUR = 1,492 NGN (10,000 NGN = 6.7 EUR).

USD to COP in detail →

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Between locations

Medellin Oyo 8,770 km ≈ 11 h nonstop flight

From you

Medellin
Oyo

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 Oyo: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 165%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,459 per month in Medellin and $928 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: a one-bedroom in the center costs $434 there versus $1,208 in Medellin.

A mid-range dinner for two costs $47 in Medellin and $51 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 $1,639 in Medellin and $619 in Oyo. That’s a gap of about 165%.

A $1,000 monthly budget goes further in Oyo, where all-in costs run around $619, than in Medellin at $1,639. 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.