Cost of Living Comparison Between Medellin and Pohang Cost of Living Comparison Between Medellin and Pohang

Monthly Cost of Living

A single person spends $1,681 per month in Medellin vs $1,343 in Pohang, rent included.

A couple spends around $2,445 per month in Medellin vs $1,635 in Pohang, rent included.

A family of three spends $3,210 per month in Medellin vs $1,927 in Pohang, rent included.

Medellin costs about 25% more than Pohang, driven mainly by Getting Around.

Medellin sits 23% above the global median, while Pohang is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.02 COP 25.0K

$6.11 ₩8,418

31.26%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 149.4K

$22.23 ₩30.6K

115.34%

Fast Food Meal (McDonalds, etc)

$9.89 COP 30.8K

$6.38 ₩8,796

55.02%

Cappuccino

$3.13 COP 9,767

$3.02 ₩4,156

3.64%

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

$1.91 COP 5,954

$1.46 ₩2,009

30.82%

Water (0.33 liter bottle)

$1.51 COP 4,712

$0.48 ₩663

214.58%

Local Beer (0.5 liter draught)

$3.12 COP 9,747

$3.78 ₩5,211

-17.46%

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

$3.76 ₩5,177

52.93%

Milk (1 liter)

$1.44 COP 4,509

$1.92 ₩2,640

-25.00%

White Bread (500g)

$2.49 COP 7,759

$3.06 ₩4,223

-18.63%

Rice (white) (1kg)

$1.77 COP 5,535

$2.61 ₩3,603

-32.18%

Eggs

$2.96 COP 9,235

$2.68 ₩3,693

10.45%

Local Cheese (1kg)

$10.07 COP 31.4K

$10.83 ₩14.9K

-7.02%

Chicken Fillets (1kg)

$10.12 COP 31.6K

$6.75 ₩9,302

49.93%

Beef Round Steak (1kg)

$14.30 COP 44.6K

$24.99 ₩34.4K

-42.78%

Apples (1kg)

$4.14 COP 12.9K

$2.29 ₩3,150

80.79%

Banana (1kg)

$1.61 COP 5,019

$3.69 ₩5,085

-56.37%

Oranges (1kg)

$2.25 COP 7,007

$7.99 ₩11.0K

-71.84%

Tomato (1kg)

$2.25 COP 7,028

$2.95 ₩4,060

-23.73%

Potato (1kg)

$2.04 COP 6,375

$4.84 ₩6,670

-57.85%

Onion (1kg)

$1.54 COP 4,790

$3.23 ₩4,454

-52.32%

Lettuce (1 head)

$1.17 COP 3,651

$2.29 ₩3,151

-48.91%

Water (1.5 liter bottle)

$1.31 COP 4,077

$1.34 ₩1,841

-2.24%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$3.31 ₩4,559

17.82%

Wine (Bottle)

$14.01 COP 43.7K

$6.65 ₩9,166

110.68%

Local Beer (0.5 liter bottle)

$1.74 COP 5,439

$1.51 ₩2,080

15.23%

Imported Beer (0.33 liter bottle)

$2.87 COP 8,956

$3.50 ₩4,827

-18.00%

One-way Ticket (Public Transport)

$1.22 COP 3,792

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

Taxi Start (Normal Tariff)

$1.31 COP 4,084

$3.29 ₩4,531

-60.18%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

$0.61 ₩837

259.02%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

$16.44 ₩22.7K

-47.02%

Gasoline (1 liter)

$1.37 COP 4,260

$1.24 ₩1,706

10.48%

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

$27.8K COP 86.9M

$29.7K ₩40.9M

-6.22%

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

$35.8K COP 111.6M

$28.8K ₩39.6M

24.37%

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

$177 COP 553.2K

$100 ₩137.9K

77.23%

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

$13.88 COP 43.3K

$35.70 ₩49.2K

-61.12%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 92.8K

$27.20 ₩37.5K

9.26%

Gym Membership (Monthly)

$44.88 COP 140.1K

$30.05 ₩41.4K

49.35%

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

$7.40 ₩10.2K

131.35%

Cinema Ticket

$6.65 COP 20.7K

$10.95 ₩15.1K

-39.27%

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

$813 COP 2.5M

$624 ₩860.4K

30.22%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

$21.8K ₩30.1M

-57.90%

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

$102 ₩140.5K

-12.20%

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

$65.8 ₩90.6K

-10.33%

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

$94.3 ₩130.0K

46.51%

Men's Leather Business Shoes

$102 COP 318.7K

$114 ₩156.5K

-10.05%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$446 ₩615.1K

48.53%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 5.9M

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

Buy Apartment in City Center (m2)

$4,183 COP 13.1M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.2M

$2,956 ₩4.1M

-43.35%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

$2,176 ₩3.0M

-68.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.22

159.24%

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

Last update for Medellin: September 14, 2026

Last update for Pohang: September 13, 2026

Cost Breakdown

Salaries run about 221% higher in Pohang, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $48.00 in Medellin versus $22.00 in Pohang. Groceries tell a different story – $305 in Medellin vs $366 in Pohang – 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 Pohang: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 25%, 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 $2,521 per month in Medellin and $2,015 in Pohang. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $48.00 in Medellin and $22.00 in Pohang. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 20% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Pohang, where all-in costs run around $1,343, than in Medellin at $1,681. In Pohang it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Pohang – 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 Pohang. 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.