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

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $754 in Ozamiz, rent included.

A couple spends around $1,602 per month in Medellin vs $1,201 in Ozamiz, rent included.

A family of three spends $2,192 per month in Medellin vs $1,648 in Ozamiz, rent included.

Medellin costs about 34% more than Ozamiz, driven mainly by Getting Around.

Both Medellin and Ozamiz are more affordable than the global median – Medellin 24% lower, Ozamiz 44% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$3.48 ₱215

72.13%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

$18.04 ₱1,112

82.15%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$3.23 ₱199

119.50%

Cappuccino

$1.71 COP 6,115

$2.44 ₱151

-29.92%

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

$1.10 COP 3,924

$0.84 ₱51.6

30.95%

Water (0.33 liter bottle)

$0.78 COP 2,781

$0.39 ₱24.27

100.00%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$1.34 ₱82.9

25.37%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$2.18 ₱135

40.83%

Milk (1 liter)

$1.09 COP 3,906

$1.75 ₱108

-37.71%

White Bread (500g)

$1.26 COP 4,508

$0.80 ₱49.59

57.50%

Rice (white) (1kg)

$1.38 COP 4,922

$0.89 ₱55.2

55.06%

Eggs

$2.19 COP 7,827

$1.58 ₱97.3

38.61%

Local Cheese (1kg)

$4.40 COP 15.7K

$7.97 ₱491

-44.79%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.37 ₱270

28.83%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$7.63 ₱471

16.51%

Apples (1kg)

$2.34 COP 8,349

$2.99 ₱184

-21.74%

Banana (1kg)

$1.06 COP 3,777

$1.55 ₱95.4

-31.61%

Oranges (1kg)

$1.50 COP 5,374

$2.61 ₱161

-42.53%

Tomato (1kg)

$1.38 COP 4,924

$1.57 ₱96.6

-12.10%

Potato (1kg)

$1.15 COP 4,111

$2.19 ₱135

-47.49%

Onion (1kg)

$1.16 COP 4,155

$2.54 ₱157

-54.33%

Lettuce (1 head)

$0.89 COP 3,182

$1.12 ₱69.0

-20.54%

Water (1.5 liter bottle)

$0.84 COP 2,997

$0.73 ₱44.86

15.07%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$2.77 ₱171

-17.69%

Wine (Bottle)

$10.64 COP 38.0K

$7.99 ₱492

33.17%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$1.16 ₱71.6

3.45%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$2.06 ₱127

19.90%

One-way Ticket (Public Transport)

$0.86 COP 3,056

$0.28 ₱17.47

207.14%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

$0.78 ₱47.93

88.46%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

$0.24 ₱14.83

716.67%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$2.12 ₱131

265.09%

Gasoline (1 liter)

$0.95 COP 3,409

$1.10 ₱67.8

-13.64%

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

$18.1K COP 64.7M

$26.1K ₱1.6M

-30.60%

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

$26.5K COP 94.6M

$20.4K ₱1.3M

30.06%

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

$82.3 COP 293.7K

$110 ₱6,811

-25.53%

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

$9.50 COP 33.9K

$33.07 ₱2,039

-71.27%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$27.26 ₱1,681

-11.12%

Gym Membership (Monthly)

$25.89 COP 92.4K

$33.72 ₱2,079

-23.22%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

$4.30 ₱265

341.86%

Cinema Ticket

$3.93 COP 14.0K

$5.85 ₱360

-32.82%

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

$309 COP 1.1M

$153 ₱9,429

102.35%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$4,269 ₱263.2K

39.74%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$45.05 ₱2,778

30.21%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$26.86 ₱1,656

20.44%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$76.6 ₱4,725

33.91%

Men's Leather Business Shoes

$108 COP 387.2K

$52.2 ₱3,218

107.76%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$263 ₱16.2K

81.11%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$176 ₱10.9K

115.26%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$584 ₱36.0K

43.53%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$393 ₱24.2K

84.35%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$2,717 ₱167.5K

2.70%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$1,118 ₱69.0K

8.31%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$192 ₱11.8K

166.87%

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: May 31, 2026

Last update for Ozamiz: May 30, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $263 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 167% 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 – $188 in Medellin vs $197 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 34%, 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 $1,519 per month in Medellin and $1,131 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 5% 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 $754, than in Medellin at $1,013. 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.