Cost of Living Comparison Between Medellin and Palencia Cost of Living Comparison Between Medellin and Palencia

🙂 Solo nomad: Medellin is 34.6% cheaper than Palencia without rent, and 36.5% cheaper with rent.

🙂 Family of 3: Medellin is 34.9% cheaper than Palencia without rent, and 29.7% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$11.55 €9.97

-46.06%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$42.71 €36.88

-24.28%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$7.96 €6.87

-7.16%

Cappuccino

$1.72 COP 7,155

$1.73 €1.49

-0.58%

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

$1.1 COP 4,575

$2.37 €2.04

-53.59%

Water (0.33 liter bottle)

$0.73 COP 3,060

$1.19 €1.03

-38.66%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$3.18 €2.75

-47.80%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$3.38 €2.92

-5.33%

Milk (1 liter)

$1.09 COP 4,552

$1.22 €1.05

-10.66%

White Bread (500g)

$1.24 COP 5,188

$1.88 €1.62

-34.04%

Rice (white) (1kg)

$1.33 COP 5,544

$1.29 €1.12

3.10%

Eggs

$2.22 COP 9,252

$2.91 €2.51

-23.71%

Local Cheese (1kg)

$4.55 COP 19K

$12.45 €10.75

-63.45%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$7.63 €6.59

-25.16%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$12.85 €11.1

-33.15%

Apples (1kg)

$2.26 COP 9,410

$2.78 €2.4

-18.71%

Banana (1kg)

$1.07 COP 4,461

$2.02 €1.74

-47.03%

Oranges (1kg)

$1.51 COP 6,293

$2.32 €2.01

-34.91%

Tomato (1kg)

$1.42 COP 5,911

$3.55 €3.06

-60.00%

Potato (1kg)

$1.11 COP 4,619

$1.58 €1.36

-29.75%

Onion (1kg)

$1.18 COP 4,932

$2.48 €2.14

-52.42%

Lettuce (1 head)

$0.89 COP 3,718

$1.04 €0.9

-14.42%

Water (1.5 liter bottle)

$0.84 COP 3,507

$0.83 €0.72

1.20%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$6.37 €5.5

-63.11%

Wine (Bottle)

$9.34 COP 38.9K

$7.04 €6.08

32.67%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$1.18 €1.02

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$2.13 €1.84

16.90%

One-way Ticket (Public Transport)

$0.83 COP 3,464

$1.66 €1.43

-50.00%

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

$34.2 €29.52

22.51%

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$5.42 €4.68

-73.99%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$0.91 €0.78

115.38%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$20.8 €17.95

-62.26%

Gasoline (1 liter)

$1.02 COP 4,265

$1.64 €1.42

-37.80%

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

$17.6K COP 73.4M

$38.3K €33.1K

-54.10%

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

$26.2K COP 109.2M

$37.7K €32.6K

-30.53%

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

$82.5 COP 344.1K

$144 €124

-42.64%

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

$9.44 COP 39.4K

$19.46 €16.8

-51.49%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$27.84 €24.04

-15.55%

Gym Membership (Monthly)

$25.68 COP 107.1K

$46.88 €40.47

-45.22%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

$15.23 €13.15

25.67%

Cinema Ticket

$3.96 COP 16.5K

$9.38 €8.1

-57.78%

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

$305 COP 1.3M

$493 €425

-38.13%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$3,532 €3,049

67.75%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$90.9 €78.5

-36.30%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$31.87 €27.51

-0.88%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$94 €81.2

9.70%

Men's Leather Business Shoes

$106 COP 440.5K

$128 €110

-17.20%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

$855 €738

-42.75%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$684 €591

-44.58%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

$1,331 €1,149

-37.87%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$995 €859

-26.69%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

$2,974 €2,567

-26.36%

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

$2,227 €1,923

-31.18%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$2,101 €1,814

-73.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.56

277.25%

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

Last update for Medellin: October 28, 2025

Last update for Palencia: October 28, 2025

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