Cost of Living Comparison Between Medellin and Ozamiz Cost of Living Comparison Between Medellin and Ozamiz

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $775 in Ozamiz, rent included.

A couple spends around $1,599 per month in Medellin vs $1,209 in Ozamiz, rent included.

A family of three spends $2,167 per month in Medellin vs $1,644 in Ozamiz, rent included.

Medellin costs about 33% more than Ozamiz, driven mainly by Getting Around.

Both Medellin and Ozamiz are more affordable than the global median – Medellin 23% lower, Ozamiz 42% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$3.48 ₱214

77.01%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$17.51 ₱1,078

86.18%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$3.24 ₱199

126.54%

Cappuccino

$1.72 COP 5,600

$2.38 ₱146

-27.73%

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

$1.05 COP 3,420

$0.78 ₱48.15

34.62%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.39 ₱24.29

97.44%

Local Beer (0.5 liter draught)

$1.69 COP 5,488

$1.31 ₱81.0

29.01%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$2.17 ₱133

46.08%

Milk (1 liter)

$1.05 COP 3,423

$1.82 ₱112

-42.31%

White Bread (500g)

$1.30 COP 4,236

$0.82 ₱50.5

58.54%

Rice (white) (1kg)

$1.40 COP 4,544

$0.88 ₱54.5

59.09%

Eggs

$2.16 COP 7,047

$1.57 ₱96.9

37.58%

Local Cheese (1kg)

$4.39 COP 14.3K

$7.84 ₱483

-44.01%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.23 ₱261

39.01%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$7.95 ₱489

8.68%

Apples (1kg)

$2.28 COP 7,426

$3.00 ₱185

-24.00%

Banana (1kg)

$1.11 COP 3,604

$1.53 ₱94.3

-27.45%

Oranges (1kg)

$1.53 COP 4,983

$2.62 ₱161

-41.60%

Tomato (1kg)

$1.35 COP 4,410

$1.55 ₱95.7

-12.90%

Potato (1kg)

$1.13 COP 3,674

$2.23 ₱137

-49.33%

Onion (1kg)

$1.13 COP 3,692

$2.49 ₱154

-54.62%

Lettuce (1 head)

$0.85 COP 2,753

$1.06 ₱65.4

-19.81%

Water (1.5 liter bottle)

$0.91 COP 2,975

$0.71 ₱43.41

28.17%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,630

$2.89 ₱178

-19.03%

Wine (Bottle)

$12.37 COP 40.3K

$9.26 ₱570

33.59%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.17 ₱72.0

2.56%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.97 ₱121

26.40%

One-way Ticket (Public Transport)

$0.84 COP 2,728

$0.28 ₱17.26

200.00%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$0.82 ₱50.8

73.17%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$0.24 ₱14.81

700.00%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$2.10 ₱129

264.76%

Gasoline (1 liter)

$0.99 COP 3,223

$1.13 ₱69.7

-12.39%

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

$18.0K COP 58.7M

$26.6K ₱1.6M

-32.32%

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

$26.6K COP 86.7M

$20.2K ₱1.2M

31.64%

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

$80.8 COP 263.1K

$113 ₱6,942

-28.33%

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

$9.95 COP 32.4K

$33.15 ₱2,041

-69.98%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$27.99 ₱1,723

-13.61%

Gym Membership (Monthly)

$25.08 COP 81.7K

$33.32 ₱2,051

-24.73%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$4.51 ₱278

324.61%

Cinema Ticket

$3.98 COP 13.0K

$6.04 ₱372

-34.11%

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

$305 COP 993.5K

$154 ₱9,468

98.44%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$4,328 ₱266.4K

40.00%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$45.82 ₱2,821

26.87%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$26.74 ₱1,646

20.42%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$75.6 ₱4,653

33.28%

Men's Leather Business Shoes

$108 COP 350.8K

$53.7 ₱3,307

100.61%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$266 ₱16.4K

79.29%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$176 ₱10.9K

113.24%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$584 ₱35.9K

44.76%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$395 ₱24.3K

84.78%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$2,644 ₱162.8K

21.63%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$984 ₱60.6K

39.41%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$196 ₱12.1K

214.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

6.67

101.35%

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

Last update for Medellin: July 12, 2026

Last update for Ozamiz: July 13, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $266 in Ozamiz. 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 214% 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 $18.00 in Ozamiz. Groceries tell a different story – $193 in Medellin vs $200 in Ozamiz – so Medellin 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 Ozamiz: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 33%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,546 per month in Medellin and $1,162 in Ozamiz. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ozamiz, 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 $18.00 in Ozamiz. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 4% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Ozamiz, where all-in costs run around $775, than in Medellin at $1,031. In Ozamiz it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Ozamiz – 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 Ozamiz. 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.