Cost of Living Comparison Between Medellin and PenzaCost of Living Comparison Between Medellin and Penza
Monthly Cost of Living
πA single person spends $1,013 per month in Medellin vs $862 in Penza, rent included.
πA couple spends around $1,602 per month in Medellin vs $1,292 in Penza, rent included.
πA family of three spends $2,192 per month in Medellin vs $1,722 in Penza, rent included.
πMedellin costs about 17% more than Penza, driven mainly by Getting Around.
πBoth Medellin and Penza are more affordable than the global median β Medellin24% lower, Penza36% lower.
Currency
π½ Eating Out
Medellin
Penza
Difference
Meal at Budget Restaurant
$5.99COPΒ 21.4K
$7.65β½564
-21.70%
Three-Course Dinner for Two, Mid-Range
$32.86COPΒ 117.2K
$33.19β½2,449
-0.99%
Fast Food Meal(McDonalds, etc)
$7.09COPΒ 25.3K
$5.85β½432
21.20%
Cappuccino
$1.71COPΒ 6,105
$1.17β½86.4
46.15%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.10COPΒ 3,918
$0.91β½67.5
20.88%
Water(0.33 liter bottle)
$0.78COPΒ 2,776
$0.60β½44.30
30.00%
Local Beer(0.5 liter draught)
$1.68COPΒ 5,987
$1.11β½82.1
51.35%
Imported Beer(0.33 liter bottle)
$3.07COPΒ 10.9K
$2.33β½172
31.76%
π Groceries & Markets
Medellin
Penza
Difference
Milk(1 liter)
$1.09COPΒ 3,899
$1.24β½91.2
-12.10%
White Bread(500g)
$1.26COPΒ 4,500
$0.74β½54.2
70.27%
Rice(white)(1kg)
$1.38COPΒ 4,914
$1.66β½123
-16.87%
Eggs
$2.19COPΒ 7,813
$1.88β½139
16.49%
Local Cheese(1kg)
$4.40COPΒ 15.7K
$10.20β½753
-56.86%
Chicken Fillets(1kg)
$5.63COPΒ 20.1K
$3.96β½292
42.17%
Beef Round Steak(1kg)
$8.89COPΒ 31.7K
$8.91β½657
-0.22%
Apples(1kg)
$2.34COPΒ 8,334
$1.21β½89.6
93.39%
Banana(1kg)
$1.06COPΒ 3,771
$1.82β½134
-41.76%
Oranges(1kg)
$1.50COPΒ 5,365
$1.74β½128
-13.79%
Tomato(1kg)
$1.38COPΒ 4,915
$2.86β½211
-51.75%
Potato(1kg)
$1.15COPΒ 4,104
$0.49β½36.31
134.69%
Onion(1kg)
$1.16COPΒ 4,148
$0.49β½35.96
136.73%
Lettuce(1 head)
$0.89COPΒ 3,176
$1.87β½138
-52.41%
Water(1.5 liter bottle)
$0.84COPΒ 2,992
$0.71β½52.7
18.31%
Cigarettes 20 Pack(Marlboro, Camel)
$2.28COPΒ 8,131
$2.96β½219
-22.97%
Wine(Bottle)
$10.64COPΒ 37.9K
$10.36β½764
2.70%
Local Beer(0.5 liter bottle)
$1.20COPΒ 4,276
$1.02β½75.1
17.65%
Imported Beer(0.33 liter bottle)
$2.47COPΒ 8,809
$1.87β½138
32.09%
π Getting Around
Medellin
Penza
Difference
One-way Ticket(Public Transport)
$0.86COPΒ 3,051
$0.43β½31.39
100.00%
Public Transport Monthly Pass(Regular Price)
$41.40COPΒ 147.6K
-
-
Taxi Start(Normal Tariff)
$1.47COPΒ 5,255
$1.87β½138
-21.39%
Taxi(Normal Tariff)(1km)
$1.96COPΒ 6,997
$0.58β½43.06
237.93%
Taxi 1hour Waiting(Normal Tariff)
$7.74COPΒ 27.6K
$4.51β½333
71.62%
Gasoline(1 liter)
$0.95COPΒ 3,403
$0.76β½55.7
25.00%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1KCOPΒ 64.6M
$34.2Kβ½2.5M
-46.94%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5KCOPΒ 94.4M
$35.3Kβ½2.6M
-25.03%
π§Ύ Monthly Utilities & Internet
Medellin
Penza
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$82.3COPΒ 293.2K
$108β½7,994
-24.08%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$9.50COPΒ 33.9K
$5.89β½435
61.29%
Internet(50+ Mbps, Unlimited Data)
$24.23COPΒ 86.4K
$7.64β½564
217.15%
π Sport & Entertainment
Medellin
Penza
Difference
Gym Membership(Monthly)
$25.89COPΒ 92.3K
$32.18β½2,374
-19.55%
Tennis Court(1 Hour on Weekend)
$19.00COPΒ 67.7K
-
-
Cinema Ticket
$3.93COPΒ 14.0K
$3.70β½273
6.22%
π§Έ Childcare & Education
Medellin
Penza
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$309COPΒ 1.1M
$321β½23.7K
-3.51%
International Primary School, 1 Child(Yearly)
$5,965COPΒ 21.3M
$6,874β½507.2K
-13.22%
ππ Clothing & Footwear
Medellin
Penza
Difference
Jeans(Levis 501 Or Similar)
$58.7COPΒ 209.1K
$69.4β½5,119
-15.44%
Summer Dress(H&M, Zara, etc)
$32.35COPΒ 115.3K
$44.08β½3,253
-26.61%
Sport Shoes(Adidas, Nike)
$103COPΒ 365.7K
$116β½8,576
-11.72%
Men's Leather Business Shoes
$108COPΒ 386.5K
$106β½7,789
2.72%
π Accommodation & Living
Medellin
Penza
Difference
1-bedroom Apartment, City Center(Monthly)
$476COPΒ 1.7M
$437β½32.3K
8.88%
1-bedroom Apartment, Outside City Center(Monthly)
$379COPΒ 1.4M
$252β½18.6K
50.15%
3-bedroom Apartment, City Center(Monthly)
$838COPΒ 3.0M
$784β½57.9K
6.91%
3-bedroom Apartment, Outside City Center(Monthly)
$724COPΒ 2.6M
$357β½26.4K
102.51%
Buy Apartment in City Center(m2)
$2,791COPΒ 9.9M
$2,671β½197.1K
4.47%
Buy Apartment Outside City Center(m2)
$1,211COPΒ 4.3M
$1,232β½90.9K
-1.68%
π΅ Salaries & Financials
Medellin
Penza
Difference
Average Monthly Net Salary(After Tax)
$512COPΒ 1.8M
$661β½48.8K
-22.56%
20-Year Fixed Mortgage Interest Rate(Annual %)
13.43
8
67.88%
CityCost data is based on AI and user input β minor inaccuracies may occur.
Last update for Medellin: May 31, 2026
Last update for Penza: June 1, 2026
Cost Breakdown
π A central one-bedroom costs $476 in Medellin versus $437 in Penza. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
π°Salaries run about 29% higher in Penza, which reinforces the cost advantage β you earn more and spend less. Purchasing power leans clearly in its favor.
πA mid-range dinner for two costs $33.00 in Medellin versus $33.00 in Penza. Monthly groceries follow the same trend: $188 vs $197 β 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 Penza: Cost of Living - Frequently Asked Questions
Is Penza cheaper than Medellin?
Yes β Medellin is pricier by about 17%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,519 per month in Medellin and $1,293 in Penza. That covers rent, food, utilities, transport, and enough left over to feel settled β not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Penza, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Interestingly, groceries are about 5% cheaper in Medellin β one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $2,000 a realistic budget for Medellin or Penza?
A $2,000 monthly budget goes further in Penza, where all-in costs run around $862, than in Medellin at $1,013. In Penza it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Penza more family-friendly?
Families tend to lean toward Penza β lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Medellin or Penza?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison β central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Penza. 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.