Cost of Living Comparison Between Medellin and Penafiel Cost of Living Comparison Between Medellin and Penafiel

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $1,556 in Penafiel, rent included.

A couple spends around $1,599 per month in Medellin vs $2,330 in Penafiel, rent included.

A family of three spends $2,167 per month in Medellin vs $3,104 in Penafiel, rent included.

Medellin is about 34% cheaper than Penafiel, driven mainly by Eating Out.

Medellin sits 23% below the global median, while Penafiel is 17% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$6.16 COP 19.8K

$10.62 €9.31

-42.00%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 104.8K

$46.94 €41.15

-30.55%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.6K

$9.21 €8.08

-20.30%

Cappuccino

$1.72 COP 5,527

$1.13 €0.99

52.21%

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

$1.05 COP 3,376

$1.36 €1.19

-22.79%

Water (0.33 liter bottle)

$0.77 COP 2,482

$0.71 €0.62

8.45%

Local Beer (0.5 liter draught)

$1.69 COP 5,417

$2.26 €1.98

-25.22%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.2K

$3.53 €3.10

-10.20%

Milk (1 liter)

$1.05 COP 3,379

$1.08 €0.95

-2.78%

White Bread (500g)

$1.30 COP 4,181

$1.18 €1.03

10.17%

Rice (white) (1kg)

$1.40 COP 4,485

$1.46 €1.28

-4.11%

Eggs

$2.16 COP 6,956

$2.99 €2.62

-27.76%

Local Cheese (1kg)

$4.39 COP 14.1K

$11.15 €9.78

-60.63%

Chicken Fillets (1kg)

$5.88 COP 18.9K

$7.51 €6.58

-21.70%

Beef Round Steak (1kg)

$8.64 COP 27.8K

$14.18 €12.44

-39.07%

Apples (1kg)

$2.28 COP 7,330

$2.22 €1.95

2.70%

Banana (1kg)

$1.11 COP 3,557

$1.53 €1.34

-27.45%

Oranges (1kg)

$1.53 COP 4,918

$2.03 €1.78

-24.63%

Tomato (1kg)

$1.35 COP 4,353

$2.08 €1.82

-35.10%

Potato (1kg)

$1.13 COP 3,627

$0.84 €0.74

34.52%

Onion (1kg)

$1.13 COP 3,644

$1.53 €1.34

-26.14%

Lettuce (1 head)

$0.85 COP 2,717

$1.17 €1.03

-27.35%

Water (1.5 liter bottle)

$0.91 COP 2,937

$0.36 €0.32

152.78%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,531

$5.96 €5.22

-60.74%

Wine (Bottle)

$12.37 COP 39.7K

$4.22 €3.70

193.13%

Local Beer (0.5 liter bottle)

$1.20 COP 3,859

$1.13 €0.99

6.19%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,000

$2.58 €2.26

-3.49%

One-way Ticket (Public Transport)

$0.84 COP 2,692

$2.25 €1.97

-62.67%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 130.4K

$41.37 €36.27

-1.93%

Taxi Start (Normal Tariff)

$1.42 COP 4,563

$4.42 €3.88

-67.87%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,155

$1.25 €1.10

53.60%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.6K

$14.24 €12.48

-46.21%

Gasoline (1 liter)

$0.99 COP 3,181

$1.93 €1.69

-48.70%

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

$18.0K COP 57.9M

$38.0K €33.3K

-52.57%

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

$26.6K COP 85.6M

$39.5K €34.6K

-32.55%

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

$80.8 COP 259.7K

$136 €119

-40.63%

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

$9.95 COP 32.0K

$21.54 €18.88

-53.81%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 77.7K

$41.77 €36.63

-42.11%

Gym Membership (Monthly)

$25.08 COP 80.6K

$43.44 €38.09

-42.27%

Tennis Court (1 Hour on Weekend)

$19.15 COP 61.5K

Cinema Ticket

$3.98 COP 12.8K

$4.62 €4.05

-13.85%

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

$305 COP 980.7K

$344 €301

-11.19%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.5M

$8,355 €7,326

-27.48%

Jeans (Levis 501 Or Similar)

$58.1 COP 186.8K

$73.7 €64.6

-21.09%

Summer Dress (H&M, Zara, etc)

$32.20 COP 103.5K

$34.71 €30.44

-7.23%

Sport Shoes (Adidas, Nike)

$101 COP 323.7K

$90.8 €79.6

10.92%

Men's Leather Business Shoes

$108 COP 346.3K

$159 €140

-32.37%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.5M

$941 €825

-49.36%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$739 €648

-49.10%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$1,497 €1,313

-43.58%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.3M

$1,169 €1,025

-37.53%

Buy Apartment in City Center (m2)

$3,215 COP 10.3M

$3,167 €2,777

1.53%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.4M

$2,325 €2,038

-40.97%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

5.43

147.33%

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

Last update for Medellin: July 12, 2026

Last update for Penafiel: July 12, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $941 in Penafiel. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $33.00 in Medellin versus $47.00 in Penafiel. Monthly groceries follow the same trend: $193 vs $227 – making Medellin the more affordable choice for daily food spending.

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 Penafiel: Cost of Living - Frequently Asked Questions

Yes – Penafiel is pricier by about 51%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,546 per month in Medellin and $2,335 in Penafiel. 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. 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 $47.00 in Penafiel. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,031 in Medellin and $1,556 in Penafiel. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Penafiel at $1,556. In Medellin it covers expenses comfortably, while in Penafiel it requires careful planning or may not stretch far enough.

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.

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