Cost of Living Comparison Between Medellin and Paranaque City Cost of Living Comparison Between Medellin and Paranaque City

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $912 in Paranaque City, rent included.

A couple spends around $1,602 per month in Medellin vs $1,399 in Paranaque City, rent included.

A family of three spends $2,192 per month in Medellin vs $1,887 in Paranaque City, rent included.

Medellin costs about 11% more than Paranaque City, driven mainly by Getting Around.

Both Medellin and Paranaque City are more affordable than the global median – Medellin 24% lower, Paranaque City 32% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$4.82 ₱297

24.27%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.2K

$21.46 ₱1,324

53.12%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$2.61 ₱161

171.65%

Cappuccino

$1.71 COP 6,105

$1.91 ₱118

-10.47%

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

$1.10 COP 3,918

$0.78 ₱48.00

41.03%

Water (0.33 liter bottle)

$0.78 COP 2,776

$0.35 ₱21.35

122.86%

Local Beer (0.5 liter draught)

$1.68 COP 5,987

$1.23 ₱75.7

36.59%

Imported Beer (0.33 liter bottle)

$3.07 COP 10.9K

$2.74 ₱169

12.04%

Milk (1 liter)

$1.09 COP 3,899

$1.77 ₱110

-38.42%

White Bread (500g)

$1.26 COP 4,500

$1.26 ₱78.0

Rice (white) (1kg)

$1.38 COP 4,914

$1.12 ₱69.0

23.21%

Eggs

$2.19 COP 7,813

$2.03 ₱125

7.88%

Local Cheese (1kg)

$4.40 COP 15.7K

$5.17 ₱319

-14.89%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.36 ₱269

29.13%

Beef Round Steak (1kg)

$8.89 COP 31.7K

$7.35 ₱453

20.95%

Apples (1kg)

$2.34 COP 8,334

$4.52 ₱279

-48.23%

Banana (1kg)

$1.06 COP 3,771

$1.58 ₱97.5

-32.91%

Oranges (1kg)

$1.50 COP 5,365

$2.98 ₱184

-49.66%

Tomato (1kg)

$1.38 COP 4,915

$1.66 ₱102

-16.87%

Potato (1kg)

$1.15 COP 4,104

$1.73 ₱107

-33.53%

Onion (1kg)

$1.16 COP 4,148

$2.12 ₱131

-45.28%

Lettuce (1 head)

$0.89 COP 3,176

$1.09 ₱67.0

-18.35%

Water (1.5 liter bottle)

$0.84 COP 2,992

$0.44 ₱27.15

90.91%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,131

$2.32 ₱143

-1.72%

Wine (Bottle)

$10.64 COP 37.9K

$7.10 ₱438

49.86%

Local Beer (0.5 liter bottle)

$1.20 COP 4,276

$0.94 ₱57.8

27.66%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,809

$1.98 ₱122

24.75%

One-way Ticket (Public Transport)

$0.86 COP 3,051

$0.22 ₱13.58

290.91%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.6K

$10.62 ₱655

289.83%

Taxi Start (Normal Tariff)

$1.47 COP 5,255

$0.82 ₱50.7

79.27%

Taxi (Normal Tariff) (1km)

$1.96 COP 6,997

$0.24 ₱14.86

716.67%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$2.15 ₱133

260.00%

Gasoline (1 liter)

$0.95 COP 3,403

$1.09 ₱67.4

-12.84%

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

$18.1K COP 64.6M

$28.0K ₱1.7M

-35.24%

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

$26.5K COP 94.4M

$20.1K ₱1.2M

32.02%

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

$82.3 COP 293.2K

$155 ₱9,543

-46.82%

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

$9.50 COP 33.9K

$14.26 ₱880

-33.38%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.4K

$30.47 ₱1,880

-20.48%

Gym Membership (Monthly)

$25.89 COP 92.3K

$33.76 ₱2,083

-23.31%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.7K

$7.18 ₱443

164.62%

Cinema Ticket

$3.93 COP 14.0K

$6.88 ₱424

-42.88%

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

$309 COP 1.1M

$80.1 ₱4,940

286.52%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$2,839 ₱175.2K

110.12%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.1K

$32.34 ₱1,996

81.39%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.3K

$16.22 ₱1,001

99.45%

Sport Shoes (Adidas, Nike)

$103 COP 365.7K

$66.7 ₱4,118

53.75%

Men's Leather Business Shoes

$108 COP 386.5K

$92.1 ₱5,685

17.68%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$336 ₱20.7K

41.71%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$293 ₱18.1K

29.28%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$847 ₱52.3K

-1.05%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$585 ₱36.1K

23.68%

Buy Apartment in City Center (m2)

$2,791 COP 9.9M

$1,140 ₱70.4K

144.70%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$422 ₱26.0K

187.19%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$494 ₱30.5K

3.63%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

7.25

85.24%

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

Last update for Medellin: May 31, 2026

Last update for Paranaque City: June 1, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $336 in Paranaque City. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 4% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $21.00 in Paranaque City. Groceries tell a different story – $188 in Medellin vs $197 in Paranaque City – so Medellin wins on supermarket bills even if dining out costs more.

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 Paranaque City: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 11%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,519 per month in Medellin and $1,368 in Paranaque City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Paranaque City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $33.00 in Medellin and $21.00 in Paranaque City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,013 in Medellin and $912 in Paranaque City. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Paranaque City, where all-in costs run around $912, than in Medellin at $1,013. In Paranaque City it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Paranaque City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Paranaque City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.