Cost of Living Comparison Between Medellin and Palma Soriano Cost of Living Comparison Between Medellin and Palma Soriano

🙂 Solo nomad: Medellin is 11.8% cheaper than Palma Soriano without rent, and 34.6% cheaper with rent.

🙂 Family of 3: Medellin is 16.8% cheaper than Palma Soriano without rent, and 2.4% cheaper with rent.

Meal at Budget Restaurant

$6.03 COP 22.7K

$5.06 CUP 121

19.17%

Three-Course Dinner for Two, Mid-Range

$33.17 COP 124.8K

$25.04 CUP 601

32.47%

Fast Food Meal (McDonalds, etc)

$7.29 COP 27.4K

$5.10 CUP 122

42.94%

Cappuccino

$1.63 COP 6,133

$3.17 CUP 76.1

-48.58%

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

$1.05 COP 3,947

$1.22 CUP 29.26

-13.93%

Water (0.33 liter bottle)

$0.77 COP 2,899

$0.86 CUP 20.56

-10.47%

Local Beer (0.5 liter draught)

$1.73 COP 6,510

$2.98 CUP 71.6

-41.95%

Imported Beer (0.33 liter bottle)

$3.18 COP 12.0K

$2.42 CUP 58.1

31.40%

Milk (1 liter)

$1.07 COP 4,015

$2.04 CUP 49.04

-47.55%

White Bread (500g)

$1.31 COP 4,935

$1.43 CUP 34.30

-8.39%

Rice (white) (1kg)

$1.38 COP 5,195

$0.97 CUP 23.34

42.27%

Eggs

$2.25 COP 8,457

$1.23 CUP 29.54

82.93%

Local Cheese (1kg)

$4.48 COP 16.9K

$5.83 CUP 140

-23.16%

Chicken Fillets (1kg)

$5.74 COP 21.6K

$5.82 CUP 140

-1.37%

Beef Round Steak (1kg)

$8.86 COP 33.3K

$10.83 CUP 260

-18.19%

Apples (1kg)

$2.24 COP 8,438

$1.90 CUP 45.53

17.89%

Banana (1kg)

$1.06 COP 3,988

$1.17 CUP 28.13

-9.40%

Oranges (1kg)

$1.51 COP 5,697

$1.47 CUP 35.27

2.72%

Tomato (1kg)

$1.36 COP 5,119

$1.48 CUP 35.48

-8.11%

Potato (1kg)

$1.12 COP 4,218

$0.97 CUP 23.38

15.46%

Onion (1kg)

$1.17 COP 4,400

$1.03 CUP 24.68

13.59%

Lettuce (1 head)

$0.90 COP 3,395

$0.98 CUP 23.50

-8.16%

Water (1.5 liter bottle)

$0.84 COP 3,150

$1.07 CUP 25.64

-21.50%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 8,501

$3.09 CUP 74.1

-26.86%

Wine (Bottle)

$9.97 COP 37.5K

$10.14 CUP 243

-1.68%

Local Beer (0.5 liter bottle)

$1.18 COP 4,451

$2.98 CUP 71.5

-60.40%

Imported Beer (0.33 liter bottle)

$2.39 COP 8,993

$1.95 CUP 46.77

22.56%

One-way Ticket (Public Transport)

$0.86 COP 3,233

$0.26 CUP 6.29

230.77%

Public Transport Monthly Pass (Regular Price)

$41.45 COP 156.0K

$29.82 CUP 716

39.00%

Taxi Start (Normal Tariff)

$1.47 COP 5,521

$1.85 CUP 44.29

-20.54%

Taxi (Normal Tariff) (1km)

$1.95 COP 7,323

$0.36 CUP 8.64

441.67%

Taxi 1hour Waiting (Normal Tariff)

$7.76 COP 29.2K

$13.00 CUP 312

-40.31%

Gasoline (1 liter)

$0.97 COP 3,640

$1.18 CUP 28.40

-17.80%

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

$17.9K COP 67.5M

$64.9K CUP 1.6M

-72.35%

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

$26.7K COP 100.6M

$47.0K CUP 1.1M

-43.09%

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

$81.1 COP 305.2K

$54.0 CUP 1,297

50.12%

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

$9.40 COP 35.4K

$10.17 CUP 244

-7.57%

Internet (50+ Mbps, Unlimited Data)

$23.61 COP 88.8K

$150 CUP 3,597

-84.25%

Gym Membership (Monthly)

$25.55 COP 96.1K

$39.96 CUP 959

-36.06%

Tennis Court (1 Hour on Weekend)

$19.29 COP 72.6K

$10.19 CUP 245

89.30%

Cinema Ticket

$4.10 COP 15.4K

$0.98 CUP 23.59

318.37%

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

$306 COP 1.2M

$99.2 CUP 2,380

208.67%

International Primary School, 1 Child (Yearly)

$5,899 COP 22.2M

$11.9K CUP 285.6K

-50.43%

Jeans (Levis 501 Or Similar)

$59.8 COP 225.1K

$66.3 CUP 1,591

-9.77%

Summer Dress (H&M, Zara, etc)

$31.96 COP 120.3K

$34.60 CUP 831

-7.63%

Sport Shoes (Adidas, Nike)

$103 COP 386.5K

$84.2 CUP 2,022

21.91%

Men's Leather Business Shoes

$108 COP 405.9K

$111 CUP 2,674

-3.19%

1-bedroom Apartment, City Center (Monthly)

$483 COP 1.8M

$874 CUP 21.0K

-44.69%

1-bedroom Apartment, Outside City Center (Monthly)

$377 COP 1.4M

$813 CUP 19.5K

-53.61%

3-bedroom Apartment, City Center (Monthly)

$822 COP 3.1M

$741 CUP 17.8K

10.83%

3-bedroom Apartment, Outside City Center (Monthly)

$721 COP 2.7M

$649 CUP 15.6K

11.13%

Buy Apartment in City Center (m2)

$2,784 COP 10.5M

$315 CUP 7,556

784.28%

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

$331 CUP 7,947

298.66%

Average Monthly Net Salary (After Tax)

$538 COP 2.0M

$39.83 CUP 956

1249.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

8.33

61.22%

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

Last update for Medellin: March 3, 2026

Last update for Palma Soriano: February 28, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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