Last update: Oct 2026

Cost of Living Comparison Between Medellin and Palm Bay, FL

For one person, living is cheaper in Medellin: $1,639 a month against $2,340 in Palm Bay, FL, rent and utilities included – about $8,400 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
112

Cost of Living Index in Palm Bay, FL
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Palm Bay, FL Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Palm Bay, FL

🇺🇸 United States

$2,340

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Palm Bay, FL

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Palm Bay, FL actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $2,340 in Palm Bay, FL, rent included.

Medellin $1,639
Palm Bay, FL $2,340

A couple spends around $2,413 per month in Medellin vs $3,527 in Palm Bay, FL, rent included.

Medellin $2,413
Palm Bay, FL $3,527

A family of three spends $3,186 per month in Medellin vs $4,715 in Palm Bay, FL, rent included.

Medellin $3,186
Palm Bay, FL $4,715

Medellin is about 30% cheaper than Palm Bay, FL, and outside of rent the biggest gap is in eating out.

Both Medellin and Palm Bay, FL sit above the global median – Medellin by 20%, Palm Bay, FL by 72%.

Meal at Budget Restaurant

$8.09 COP 25.4K

$25.82 $25.82

-68.67%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

$75.9 $75.9

-38.04%

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

$10.15 $10.15

-6.40%

Cappuccino

$3.01 COP 9,485

$5.41 $5.41

-44.36%

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

$1.80 COP 5,660

$3.01 $3.01

-40.20%

Water (0.33 liter bottle)

$1.41 COP 4,443

$2.00 $2.00

-29.50%

Local Beer (0.5 liter draught)

$3.18 COP 9,990

$5.26 $5.26

-39.54%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$7.53 $7.53

-23.64%

Milk (1 liter)

$1.51 COP 4,751

$0.93 $0.93

62.37%

White Bread (500g)

$2.38 COP 7,480

$3.75 $3.75

-36.53%

Rice (white) (1kg)

$1.77 COP 5,573

$3.10 $3.10

-42.90%

Eggs

$2.89 COP 9,093

$3.54 $3.54

-18.36%

Local Cheese (1kg)

$10.19 COP 32.1K

$13.09 $13.09

-22.15%

Chicken Fillets (1kg)

$9.87 COP 31.1K

$11.25 $11.25

-12.27%

Beef Round Steak (1kg)

$13.99 COP 44.0K

$14.59 $14.59

-4.11%

Apples (1kg)

$3.97 COP 12.5K

$3.87 $3.87

2.58%

Banana (1kg)

$1.55 COP 4,883

$1.53 $1.53

1.31%

Oranges (1kg)

$2.18 COP 6,867

$4.49 $4.49

-51.45%

Tomato (1kg)

$2.18 COP 6,870

$5.61 $5.61

-61.14%

Potato (1kg)

$1.96 COP 6,174

$2.86 $2.86

-31.47%

Onion (1kg)

$1.59 COP 5,000

$3.36 $3.36

-52.68%

Lettuce (1 head)

$1.15 COP 3,604

$2.21 $2.21

-47.96%

Water (1.5 liter bottle)

$1.24 COP 3,911

$2.59 $2.59

-52.12%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

$9.42 $9.42

-57.96%

Wine (Bottle)

$13.68 COP 43.0K

$13.16 $13.16

3.95%

Local Beer (0.5 liter bottle)

$1.66 COP 5,222

$1.77 $1.77

-6.21%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,104

$3.33 $3.33

-32.13%

One-way Ticket (Public Transport)

$1.17 COP 3,674

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

Taxi Start (Normal Tariff)

$1.27 COP 3,989

$10.05 $10.05

-87.36%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

$1.91 $1.91

7.33%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

Gasoline (1 liter)

$1.35 COP 4,237

$1.04 $1.04

29.81%

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

$34.1K COP 107.2M

$28.3K $28.3K

20.22%

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

$34.7K COP 109.1M

$26.5K $26.5K

30.86%

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

$170 COP 533.7K

$171 $171

-0.95%

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

$13.55 COP 42.6K

$58.1 $58.1

-76.67%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

$75.3 $75.3

-62.71%

Gym Membership (Monthly)

$43.70 COP 137.5K

$34.04 $34.04

28.38%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

Cinema Ticket

$6.91 COP 21.7K

$9.95 $9.95

-30.55%

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

$797 COP 2.5M

$1,016 $1,016

-21.62%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

$6,962 $6,962

30.88%

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

$67.8 $67.8

24.90%

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

$27.56 $27.56

110.30%

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

$107 $107

26.53%

Men's Leather Business Shoes

$97.9 COP 307.9K

$101 $101

-3.57%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$1,411 $1,411

-14.40%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$1,077 $1,077

-40.44%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$1,935 $1,935

4.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

$1,895 $1,895

-46.61%

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

$2,463 $2,463

69.31%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

$2,528 $2,528

-24.43%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$3,602 $3,602

-81.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.56

66.77%

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

Last update for Medellin: October 25, 2026

Last update for Palm Bay, FL: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$642 39.1%

Palm Bay, FL

$1.1K 46% 67.9% $436

Groceries & Markets

Medellin

$297 18.1%

Palm Bay, FL

$384 16.4% 29.3% $87

Monthly Utilities & Internet

Medellin

$211 12.9%

Palm Bay, FL

$305 13% 44.2% $93

Eating Out

Medellin

$170 10.4%

Palm Bay, FL

$363 15.5% 114% $194

Clothing & Footwear

Medellin

$169 10.3%

Palm Bay, FL

$137 5.8% 19.2% $32

Getting Around

Medellin

$94 5.7%

Palm Bay, FL

$20 * 0.8% 79.1% $74

Sport & Entertainment

Medellin

$58 3.5%

Palm Bay, FL

$54 2.3% 6.2% $3.6

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $1,411 in Palm Bay, FL. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Palm Bay, FL are about 5.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $76 in Palm Bay, FL. Monthly groceries follow the same trend: $297 vs $384 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇺🇸 Palm Bay, FL

🕒 Local time

05:42 5:42 AM

06:42 6:42 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

119,760

💱 Currency

Colombian Peso COP $

United States Dollar USD $

📈 Exchange rate

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

1 USD = 0.899 EUR

Exchange rates and currency converter

USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,501 COP (10,000 COP = 2.86 EUR).

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.899 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Palm Bay, FL 2,470 km ≈ 3 h 30 min nonstop flight

From you

Medellin
Palm Bay, FL

Distances are measured in a straight line. Your location is detected approximately.

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 Palm Bay, FL: Cost of Living - Frequently Asked Questions

Yes – Palm Bay, FL is pricier by about 43%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,459 per month in Medellin and $3,509 in Palm Bay, FL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments: a one-bedroom in the center costs $1,208 there versus $1,411 in Palm Bay, FL.

A mid-range dinner for two costs $47 in Medellin and $76 in Palm Bay, FL. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 29% more in Palm Bay, FL, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Palm Bay, FL makes more sense. Both are solid long-term options with distinct trade-offs.