Last update: Oct 2026

Cost of Living Comparison Between Medellin and Peniche

For one person, living is cheaper in Medellin: $1,639 a month against $1,834 in Peniche, rent and utilities included – about $2,300 less a year. Higher rent and utilities in Peniche outweigh lower spending on other living expenses.

79

Cost of Living Index in Medellin
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Medellin Living Index
88

Cost of Living Index in Peniche
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Peniche Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Peniche

🇵🇹 Portugal

$1,834

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Peniche

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 Peniche actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,834 in Peniche, rent included.

Medellin $1,639
Peniche $1,834

A couple spends around $2,413 per month in Medellin vs $2,700 in Peniche, rent included.

Medellin $2,413
Peniche $2,700

A family of three spends $3,186 per month in Medellin vs $3,566 in Peniche, rent included.

Medellin $3,186
Peniche $3,566

Medellin is about 11% cheaper than Peniche, and outside of rent the biggest gap is in utilities.

Both Medellin and Peniche sit above the global median – Medellin by 20%, Peniche by 35%.

Meal at Budget Restaurant

$8.09 COP 25.4K

$15.82 €14.22

-48.86%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

$44.87 €40.31

4.86%

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

$9.29 €8.35

2.26%

Cappuccino

$3.01 COP 9,485

$1.66 €1.49

81.33%

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

$1.80 COP 5,660

$1.49 €1.34

20.81%

Water (0.33 liter bottle)

$1.41 COP 4,443

$1.48 €1.33

-4.73%

Local Beer (0.5 liter draught)

$3.18 COP 9,990

$2.77 €2.49

14.80%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$2.23 €2.00

157.85%

Milk (1 liter)

$1.51 COP 4,751

$1.30 €1.17

16.15%

White Bread (500g)

$2.38 COP 7,480

$1.65 €1.48

44.24%

Rice (white) (1kg)

$1.77 COP 5,573

$0.93 €0.84

90.32%

Eggs

$2.89 COP 9,093

$2.42 €2.18

19.42%

Local Cheese (1kg)

$10.19 COP 32.1K

$11.04 €9.92

-7.70%

Chicken Fillets (1kg)

$9.87 COP 31.1K

$7.01 €6.29

40.80%

Beef Round Steak (1kg)

$13.99 COP 44.0K

$15.48 €13.91

-9.63%

Apples (1kg)

$3.97 COP 12.5K

$1.09 €0.98

264.22%

Banana (1kg)

$1.55 COP 4,883

$1.10 €0.99

40.91%

Oranges (1kg)

$2.18 COP 6,867

$2.27 €2.04

-3.96%

Tomato (1kg)

$2.18 COP 6,870

$2.24 €2.02

-2.68%

Potato (1kg)

$1.96 COP 6,174

$1.01 €0.91

94.06%

Onion (1kg)

$1.59 COP 5,000

$2.34 €2.10

-32.05%

Lettuce (1 head)

$1.15 COP 3,604

$1.15 €1.04

Water (1.5 liter bottle)

$1.24 COP 3,911

$0.92 €0.83

34.78%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

$5.79 €5.20

-31.61%

Wine (Bottle)

$13.68 COP 43.0K

$5.64 €5.07

142.55%

Local Beer (0.5 liter bottle)

$1.66 COP 5,222

$0.98 €0.88

69.39%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,104

$1.63 €1.47

38.65%

One-way Ticket (Public Transport)

$1.17 COP 3,674

$2.25 €2.03

-48.00%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

Taxi Start (Normal Tariff)

$1.27 COP 3,989

$5.66 €5.08

-77.56%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

$16.80 €15.09

-49.11%

Gasoline (1 liter)

$1.35 COP 4,237

$2.07 €1.86

-34.78%

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

$34.1K COP 107.2M

$27.1K €24.4K

25.69%

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

$34.7K COP 109.1M

$27.1K €24.4K

27.79%

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

$170 COP 533.7K

$136 €123

24.36%

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

$13.55 COP 42.6K

$25.38 €22.80

-46.61%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

$56.7 €51.0

-50.51%

Gym Membership (Monthly)

$43.70 COP 137.5K

$32.16 €28.89

35.88%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

$17.08 €15.35

0.64%

Cinema Ticket

$6.91 COP 21.7K

$7.29 €6.55

-5.21%

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

$797 COP 2.5M

$841 €756

-5.28%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

$19.0K €17.1K

-52.05%

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

$79.3 €71.2

6.85%

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

$37.76 €33.93

53.50%

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

$106 €94.8

27.89%

Men's Leather Business Shoes

$97.9 COP 307.9K

$89.3 €80.3

9.56%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$1,307 €1,175

-7.62%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$977 €878

-34.31%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$1,794 €1,612

13.04%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

$1,669 €1,500

-39.39%

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,090 €979

-39.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.67

198.09%

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

Last update for Medellin: October 25, 2026

Last update for Peniche: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Peniche

$977 53.3% 52.2% $335

Groceries & Markets

Medellin

$297 18.1%

Peniche

$233 12.7% 21.6% $64

Monthly Utilities & Internet

Medellin

$211 12.9%

Peniche

$219 11.9% 3.4% $7.3

Eating Out

Medellin

$170 10.4%

Peniche

$205 11.2% 20.6% $35

Clothing & Footwear

Medellin

$169 10.3%

Peniche

$140 7.7% 16.9% $29

Getting Around

Medellin

$94 5.7%

Peniche

$15 * 0.8% 84.3% $79

Sport & Entertainment

Medellin

$58 3.5%

Peniche

$47 2.6% 18.8% $11

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 $1,307 in Peniche. 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 66% higher in Peniche. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $45 in Peniche. Monthly groceries follow the same trend: $297 vs $233 – making Peniche the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇵🇹 Peniche

🕒 Local time

08:04 8:04 AM

13:04 1:04 PM

5 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

26,431

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD 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).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin Peniche 7,530 km ≈ 10 h nonstop flight

From you

Medellin
Peniche

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 Peniche: Cost of Living - Frequently Asked Questions

Yes – Peniche is pricier by about 12%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,459 per month in Medellin and $2,751 in Peniche. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,208 in Medellin and $1,307 in Peniche. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $47 in Medellin and $45 in Peniche. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 22% cheaper in Peniche – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

$2,500 covers both cities comfortably – all-in costs are $1,639 in Medellin and $1,834 in Peniche, leaving budget for savings and extras in both cases.

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, Peniche makes more sense. Both are solid long-term options with distinct trade-offs.