Cost of Living Comparison Between Medellin and Panajachel Cost of Living Comparison Between Medellin and Panajachel

🙂 Solo nomad: Medellin is 8.2% cheaper than Panajachel without rent, and 57% more expensive with rent.
😐 Family of 3: Medellin is 3.2% more expensive than Panajachel without rent, and 41.2% more expensive with rent.
Currency
🍽 Eating Out
Medellin
Panajachel
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$4.5 Q 34.59
38.44%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$32.46 Q 249
-0.37%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$6.45 Q 49.58
14.57%
Cappuccino
$1.72 COP 7,155
$2.55 Q 19.58
-32.55%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$1.21 Q 9.31
-9.09%
Water (0.33 liter bottle)
$0.73 COP 3,060
$0.97 Q 7.46
-24.74%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$2.63 Q 20.18
-36.88%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$4.65 Q 35.71
-31.18%
🛒 Groceries & Markets
Medellin
Panajachel
Difference
Milk (1 liter)
$1.09 COP 4,552
$2.11 Q 16.2
-48.34%
White Bread (500g)
$1.24 COP 5,188
$1.53 Q 11.75
-18.95%
Rice (white) (1kg)
$1.33 COP 5,544
$2.11 Q 16.19
-36.97%
Eggs
$2.22 COP 9,252
$1.79 Q 13.78
24.02%
Local Cheese (1kg)
$4.55 COP 19K
$7.64 Q 58.7
-40.45%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$8.23 Q 63.2
-30.62%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$10.26 Q 78.9
-16.28%
Apples (1kg)
$2.26 COP 9,410
$3.72 Q 28.57
-39.25%
Banana (1kg)
$1.07 COP 4,461
$1.51 Q 11.61
-29.14%
Oranges (1kg)
$1.51 COP 6,293
$3.06 Q 23.51
-50.65%
Tomato (1kg)
$1.42 COP 5,911
$1.16 Q 8.92
22.41%
Potato (1kg)
$1.11 COP 4,619
$1.09 Q 8.39
1.83%
Onion (1kg)
$1.18 COP 4,932
$2.27 Q 17.46
-48.02%
Lettuce (1 head)
$0.89 COP 3,718
$0.64 Q 4.88
39.06%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.23 Q 9.45
-31.71%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$3.58 Q 27.54
-34.36%
Wine (Bottle)
$9.34 COP 38.9K
$7.97 Q 61.2
17.19%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.61 Q 12.39
-26.71%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$2.44 Q 18.72
2.05%
🚌 Getting Around
Medellin
Panajachel
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
-
-
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
-
-
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$5.25 Q 40.33
-73.14%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$0.6 Q 4.62
226.67%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$15.8 Q 121
-50.32%
Gasoline (1 liter)
$1.02 COP 4,265
$1.12 Q 8.62
-8.93%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$19.3K Q 148.4K
-8.88%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$25.1K Q 192.8K
4.39%
🧾 Monthly Utilities & Internet
Medellin
Panajachel
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$33.15 Q 255
148.96%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$26.59 Q 204
-64.50%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$47.99 Q 369
-51.01%
🎉 Sport & Entertainment
Medellin
Panajachel
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
-
-
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
-
-
Cinema Ticket
$3.96 COP 16.5K
$7.31 Q 56.2
-45.83%
🧸 Childcare & Education
Medellin
Panajachel
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$245 Q 1,886
24.20%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$5,859 Q 45K
1.12%
👕👟 Clothing & Footwear
Medellin
Panajachel
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$49.79 Q 383
16.29%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$53.6 Q 412
-41.03%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$114 Q 877
-9.65%
Men's Leather Business Shoes
$106 COP 440.5K
$124 Q 950
-14.58%
🏠 Accommodation & Living
Medellin
Panajachel
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
-
-
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
-
-
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
-
-
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
-
-
💵 Salaries & Financials
Medellin
Panajachel
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
8.9
50.90%

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

Last update for Medellin: October 28, 2025

Last update for Panajachel: October 27, 2025

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