Last update: Oct 2026

Cost of Living Comparison Between Medellin and Perast

For one person, living is cheaper in Perast: $1,258 a month against $1,625 in Medellin, rent and utilities included – about $4,400 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
61

Cost of Living Index in Perast
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Perast Living Index

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Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Perast

🇲🇪 Montenegro

$1,258

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Perast

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

A single person spends $1,625 per month in Medellin vs $1,258 in Perast, rent included.

Medellin $1,625
Perast $1,258

A couple spends around $2,412 per month in Medellin vs $1,957 in Perast, rent included.

Medellin $2,412
Perast $1,957

A family of three spends $3,199 per month in Medellin vs $2,655 in Perast, rent included.

Medellin $3,199
Perast $2,655

Medellin costs about 29% more than Perast, and outside of rent the biggest gap is in groceries.

Medellin sits 20% above the global median, while Perast is 7% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.30 COP 26.3K

$11.01 €9.79

-24.61%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$35.56 €31.63

31.92%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$8.91 €7.92

3.70%

Cappuccino

$3.05 COP 9,676

$2.20 €1.96

38.64%

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

$1.80 COP 5,707

$2.46 €2.19

-26.83%

Water (0.33 liter bottle)

$1.38 COP 4,382

$1.46 €1.30

-5.48%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$2.87 €2.55

12.89%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$3.38 €3.00

64.50%

Milk (1 liter)

$1.50 COP 4,760

$1.20 €1.07

25.00%

White Bread (500g)

$2.37 COP 7,508

$1.01 €0.90

134.65%

Rice (white) (1kg)

$1.70 COP 5,377

$1.98 €1.76

-14.14%

Eggs

$2.96 COP 9,379

$3.10 €2.76

-4.52%

Local Cheese (1kg)

$10.22 COP 32.4K

$8.73 €7.77

17.07%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$7.26 €6.46

34.16%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$12.17 €10.83

14.22%

Apples (1kg)

$4.13 COP 13.1K

$1.34 €1.19

208.21%

Banana (1kg)

$1.53 COP 4,839

$1.50 €1.34

2.00%

Oranges (1kg)

$2.22 COP 7,052

$1.62 €1.44

37.04%

Tomato (1kg)

$2.27 COP 7,194

$2.29 €2.04

-0.87%

Potato (1kg)

$1.99 COP 6,311

$0.92 €0.82

116.30%

Onion (1kg)

$1.67 COP 5,285

$1.02 €0.91

63.73%

Lettuce (1 head)

$1.18 COP 3,742

$1.51 €1.34

-21.85%

Water (1.5 liter bottle)

$1.24 COP 3,919

$0.78 €0.69

58.97%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$3.96 €3.53

-2.27%

Wine (Bottle)

$13.78 COP 43.7K

$4.38 €3.89

214.61%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$1.07 €0.96

55.14%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$1.71 €1.52

40.35%

One-way Ticket (Public Transport)

$1.24 COP 3,944

$1.65 €1.47

-24.85%

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

$38.32 €34.09

104.10%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

$0.76 €0.68

68.42%

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

$0.75 €0.66

186.67%

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

$11.25 €10.00

-25.60%

Gasoline (1 liter)

$1.35 COP 4,288

$1.75 €1.56

-22.86%

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

$34.8K COP 110.2M

$31.0K €27.5K

12.25%

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

$34.7K COP 110.0M

$21.1K €18.8K

64.48%

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

$167 COP 528.4K

$128 €114

29.89%

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

$13.62 COP 43.2K

$13.17 €11.72

3.42%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$31.32 €27.86

-7.02%

Gym Membership (Monthly)

$45.09 COP 143.0K

$45.90 €40.82

-1.76%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

$14.74 €13.11

16.55%

Cinema Ticket

$6.97 COP 22.1K

$6.46 €5.75

7.89%

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

$790 COP 2.5M

$345 €306

129.32%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

$7,066 €6,285

27.95%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$85.1 €75.7

3.23%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$34.04 €30.28

70.83%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$72.7 €64.6

91.26%

Men's Leather Business Shoes

$98.9 COP 313.5K

$95.0 €84.5

4.07%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$651 €579

57.90%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$457 €407

35.50%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$1,277 €1,136

47.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$913 €812

10.40%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

$3,319 €2,953

20.15%

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

$2,347 €2,088

-27.49%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

118.80%

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

Last update for Medellin: October 19, 2026

Last update for Perast: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Perast

$457 36.3% 26.2% $162

Groceries & Markets

Medellin

$298 18.3%

Perast

$213 16.9% 28.5% $85

Monthly Utilities & Internet

Medellin

$209 12.9%

Perast

$173 13.7% 17.5% $37

Clothing & Footwear

Medellin

$173 10.6%

Perast

$129 10.3% 25.3% $44

Eating Out

Medellin

$171 10.5%

Perast

$178 14.2% 4.2% $7.2

Getting Around

Medellin

$95 5.9%

Perast

$49 3.9% 48.1% $46

Sport & Entertainment

Medellin

$59 3.6%

Perast

$59 4.7% 0.4% $0.2

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $651 in Perast. 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 $47.00 in Medellin versus $36.00 in Perast. Monthly groceries follow the same trend: $298 vs $213 – making Perast the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇲🇪 Perast

🕒 Local time

23:31 11:31 PM

05:31 5:31 AM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

350

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 EUR = 1.12 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 25, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Euro exchange rates as of October 25, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Perast 9,890 km ≈ 13 h nonstop flight

From you

Medellin
Perast

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 Perast: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 29%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,437 per month in Medellin and $1,887 in Perast. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Perast, 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 $47.00 in Medellin and $36.00 in Perast. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,625 in Medellin and $1,258 in Perast. That's a gap of about 29%.

A $1,000 monthly budget goes further in Perast, where all-in costs run around $1,258, than in Medellin at $1,625. In Perast it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Perast – 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 Perast. 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.