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

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $714 in Ozamiz, rent included.

A couple spends around $2,527 per month in Medellin vs $1,098 in Ozamiz, rent included.

A family of three spends $3,338 per month in Medellin vs $1,481 in Ozamiz, rent included.

Medellin costs about 140% more than Ozamiz, driven mainly by Groceries & Markets.

Medellin sits 25% above the global median, while Ozamiz is 48% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Ozamiz
Difference
Meal at Budget Restaurant
$8.03 COP 25.1K
$3.61 ₱226
122.44%
Three-Course Dinner for Two, Mid-Range
$48.26 COP 150.8K
$17.05 ₱1,067
183.05%
Fast Food Meal (McDonalds, etc)
$9.77 COP 30.5K
$3.19 ₱200
206.27%
Cappuccino
$2.91 COP 9,095
$2.33 ₱146
24.89%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.94 COP 6,074
$0.66 ₱41.16
193.94%
Water (0.33 liter bottle)
$1.52 COP 4,754
$0.34 ₱21.54
347.06%
Local Beer (0.5 liter draught)
$3.09 COP 9,663
$1.26 ₱78.7
145.24%
Imported Beer (0.33 liter bottle)
$5.74 COP 17.9K
$1.90 ₱119
202.11%
🛒 Groceries & Markets
Medellin
Ozamiz
Difference
Milk (1 liter)
$1.36 COP 4,262
$1.52 ₱95.4
-10.53%
White Bread (500g)
$2.39 COP 7,460
$0.79 ₱49.46
202.53%
Rice (white) (1kg)
$1.70 COP 5,314
$0.82 ₱51.4
107.32%
Eggs
$2.87 COP 8,967
$2.05 ₱128
40.00%
Local Cheese (1kg)
$9.94 COP 31.1K
$4.76 ₱298
108.82%
Chicken Fillets (1kg)
$10.78 COP 33.7K
$3.51 ₱219
207.12%
Beef Round Steak (1kg)
$14.73 COP 46.0K
$7.65 ₱479
92.55%
Apples (1kg)
$4.09 COP 12.8K
$2.32 ₱146
76.29%
Banana (1kg)
$1.57 COP 4,911
$0.78 ₱48.52
101.28%
Oranges (1kg)
$2.13 COP 6,642
$2.27 ₱142
-6.17%
Tomato (1kg)
$2.21 COP 6,917
$1.11 ₱69.2
99.10%
Potato (1kg)
$2.05 COP 6,396
$2.14 ₱134
-4.21%
Onion (1kg)
$1.50 COP 4,700
$2.65 ₱166
-43.40%
Lettuce (1 head)
$1.19 COP 3,718
$0.90 ₱56.2
32.22%
Water (1.5 liter bottle)
$1.16 COP 3,619
$0.52 ₱32.70
123.08%
Cigarettes 20 Pack (Marlboro, Camel)
$3.90 COP 12.2K
$2.85 ₱179
36.84%
Wine (Bottle)
$14.44 COP 45.1K
$8.68 ₱543
66.36%
Local Beer (0.5 liter bottle)
$1.58 COP 4,948
$1.09 ₱68.1
44.95%
Imported Beer (0.33 liter bottle)
$2.83 COP 8,836
$1.96 ₱123
44.39%
🚌 Getting Around
Medellin
Ozamiz
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,650
$0.27 ₱16.73
333.33%
Public Transport Monthly Pass (Regular Price)
$77.7 COP 242.9K
$12.68 ₱794
513.01%
Taxi Start (Normal Tariff)
$1.28 COP 4,014
$0.83 ₱52.2
54.22%
Taxi (Normal Tariff) (1km)
$2.09 COP 6,537
$0.25 ₱15.64
736.00%
Taxi 1hour Waiting (Normal Tariff)
$8.62 COP 26.9K
$1.94 ₱121
344.33%
Gasoline (1 liter)
$1.30 COP 4,056
$1.05 ₱65.6
23.81%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.7K COP 86.4M
$18.3K ₱1.1M
51.10%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.5K COP 110.9M
$19.7K ₱1.2M
80.69%
🧾 Monthly Utilities & Internet
Medellin
Ozamiz
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$176 COP 550.1K
$138 ₱8,664
27.22%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.37 COP 41.8K
$15.93 ₱997
-16.07%
Internet (50+ Mbps, Unlimited Data)
$29.89 COP 93.4K
$24.95 ₱1,562
19.80%
🎉 Sport & Entertainment
Medellin
Ozamiz
Difference
Gym Membership (Monthly)
$44.76 COP 139.8K
$33.25 ₱2,081
34.62%
Tennis Court (1 Hour on Weekend)
$17.06 COP 53.3K
$4.33 ₱271
294.00%
Cinema Ticket
$6.20 COP 19.4K
$4.82 ₱302
28.63%
🧸 Childcare & Education
Medellin
Ozamiz
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$793 COP 2.5M
$136 ₱8,520
482.88%
International Primary School, 1 Child (Yearly)
$9,019 COP 28.2M
$8,879 ₱555.8K
1.58%
👕👟 Clothing & Footwear
Medellin
Ozamiz
Difference
Jeans (Levis 501 Or Similar)
$85.6 COP 267.5K
$33.97 ₱2,127
152.02%
Summer Dress (H&M, Zara, etc)
$58.5 COP 182.7K
$17.02 ₱1,066
243.54%
Sport Shoes (Adidas, Nike)
$136 COP 425.9K
$79.5 ₱4,977
71.45%
Men's Leather Business Shoes
$103 COP 322.2K
$57.0 ₱3,565
81.02%
🏠 Accommodation & Living
Medellin
Ozamiz
Difference
1-bedroom Apartment, City Center (Monthly)
$1,060 COP 3.3M
$274 ₱17.1K
287.38%
1-bedroom Apartment, Outside City Center (Monthly)
$680 COP 2.1M
$150 ₱9,411
352.00%
3-bedroom Apartment, City Center (Monthly)
$2,012 COP 6.3M
$508 ₱31.8K
295.87%
3-bedroom Apartment, Outside City Center (Monthly)
$1,169 COP 3.7M
$354 ₱22.2K
229.84%
Buy Apartment in City Center (m2)
$4,111 COP 12.8M
$2,649 ₱165.8K
55.23%
Buy Apartment Outside City Center (m2)
$1,701 COP 5.3M
$997 ₱62.4K
70.61%
💵 Salaries & Financials
Medellin
Ozamiz
Difference
Average Monthly Net Salary (After Tax)
$665 COP 2.1M
$193 ₱12.1K
245.56%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
6.75
62.07%

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

Last update for Medellin: August 30, 2026

Last update for Ozamiz: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $274 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 246% 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 $17.00 in Ozamiz. Monthly groceries follow the same trend: $303 vs $169 – making Ozamiz 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 Ozamiz: Cost of Living - Frequently Asked Questions
Is Ozamiz cheaper than Medellin?
Yes – Medellin is pricier by about 140%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,574 per month in Medellin and $1,072 in Ozamiz. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Medellin or in Ozamiz?
A mid-range dinner for two costs $48.00 in Medellin and $17.00 in Ozamiz. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Medellin and in Ozamiz?
Monthly expenses with rent come to $1,716 in Medellin and $714 in Ozamiz. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for living in Medellin or in Ozamiz?
A $1,500 monthly budget goes further in Ozamiz, where all-in costs run around $714, than in Medellin at $1,716. In Ozamiz it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Ozamiz more family-friendly?
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.
Which city is the better choice to relocate to?
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.

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