Cost of Living Comparison Between Medellin and Palermo Cost of Living Comparison Between Medellin and Palermo

🙂 Solo nomad: Medellin is 35.4% cheaper than Palermo without rent, and 35.5% cheaper with rent.
🙂 Family of 3: Medellin is 39% cheaper than Palermo without rent, and 35.2% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Palermo
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$14.13 €12.2
-55.91%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$58.4 €50.4
-44.62%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.54 €9.96
-35.96%
Cappuccino
$1.72 COP 7,155
$2.09 €1.8
-17.70%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.26 €1.96
-51.33%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.2 €1.04
-39.17%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$5.76 €4.97
-71.18%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$4.04 €3.48
-20.79%
🛒 Groceries & Markets
Medellin
Palermo
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.41 €1.22
-22.70%
White Bread (500g)
$1.24 COP 5,188
$2.15 €1.86
-42.33%
Rice (white) (1kg)
$1.33 COP 5,544
$2.84 €2.45
-53.17%
Eggs
$2.22 COP 9,252
$3.47 €3
-36.02%
Local Cheese (1kg)
$4.55 COP 19K
$14.84 €12.82
-69.34%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$12.98 €11.2
-56.01%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$17.76 €15.33
-51.63%
Apples (1kg)
$2.26 COP 9,410
$2.75 €2.37
-17.82%
Banana (1kg)
$1.07 COP 4,461
$2.35 €2.03
-54.47%
Oranges (1kg)
$1.51 COP 6,293
$3.02 €2.61
-50.00%
Tomato (1kg)
$1.42 COP 5,911
$3.04 €2.62
-53.29%
Potato (1kg)
$1.11 COP 4,619
$1.77 €1.53
-37.29%
Onion (1kg)
$1.18 COP 4,932
$1.24 €1.07
-4.84%
Lettuce (1 head)
$0.89 COP 3,718
$1.86 €1.61
-52.15%
Water (1.5 liter bottle)
$0.84 COP 3,507
$0.42 €0.36
100.00%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$6.8 €5.88
-65.44%
Wine (Bottle)
$9.34 COP 38.9K
$8.04 €6.94
16.17%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$2.24 €1.93
-47.32%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$3.05 €2.63
-18.36%
🚌 Getting Around
Medellin
Palermo
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$1.57 €1.36
-47.13%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$36.58 €31.59
14.54%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$4.56 €3.94
-69.08%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.46 €1.26
34.25%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$45.94 €39.67
-82.91%
Gasoline (1 liter)
$1.02 COP 4,265
$2.01 €1.74
-49.25%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$35.7K €30.9K
-50.75%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$30.7K €26.5K
-14.61%
🧾 Monthly Utilities & Internet
Medellin
Palermo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$231 €199
-64.25%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$14.48 €12.5
-34.81%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$28.52 €24.63
-17.57%
🎉 Sport & Entertainment
Medellin
Palermo
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$44.66 €38.56
-42.50%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$33.29 €28.74
-42.51%
Cinema Ticket
$3.96 COP 16.5K
$9.85 €8.51
-59.80%
🧸 Childcare & Education
Medellin
Palermo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$387 €335
-21.34%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$10.9K €9,428
-45.74%
👕👟 Clothing & Footwear
Medellin
Palermo
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$89.2 €77
-35.10%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$30.91 €26.68
2.20%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$91.5 €79
12.76%
Men's Leather Business Shoes
$106 COP 440.5K
$131 €113
-19.18%
🏠 Accommodation & Living
Medellin
Palermo
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$739 €638
-33.74%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$492 €424
-22.90%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,008 €870
-17.97%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$803 €694
-9.25%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$4,235 €3,657
-48.29%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$1,755 €1,515
-12.66%
💵 Salaries & Financials
Medellin
Palermo
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$1,534 €1,324
-64.15%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
4.72
184.53%

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

Last update for Medellin: October 28, 2025

Last update for Palermo: October 27, 2025

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