Last update: Oct 2026

Cost of Living Comparison Between Medellin and Prato

For one person, living is cheaper in Medellin: $1,614 a month against $1,896 in Prato, rent and utilities included – about $3,400 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
93

Cost of Living Index in Prato
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Prato Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Prato

🇮🇹 Italy

$1,896

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Prato

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

A single person spends $1,614 per month in Medellin vs $1,896 in Prato, rent included.

Medellin $1,614
Prato $1,896

A couple spends around $2,402 per month in Medellin vs $2,806 in Prato, rent included.

Medellin $2,402
Prato $2,806

A family of three spends $3,190 per month in Medellin vs $3,716 in Prato, rent included.

Medellin $3,190
Prato $3,716

Medellin is about 15% cheaper than Prato, and outside of rent the biggest gap is in eating out.

Both Medellin and Prato sit above the global median – Medellin by 20%, Prato by 40%.

Meal at Budget Restaurant

$7.93 COP 25.2K

$24.11 €21.44

-67.11%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 146.3K

$76.8 €68.3

-39.93%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.1K

$11.63 €10.34

-18.31%

Cappuccino

$3.11 COP 9,866

$1.84 €1.64

69.02%

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

$1.83 COP 5,800

$2.98 €2.65

-38.59%

Water (0.33 liter bottle)

$1.38 COP 4,360

$1.50 €1.34

-8.00%

Local Beer (0.5 liter draught)

$3.05 COP 9,672

$6.79 €6.04

-55.08%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.4K

$5.52 €4.91

-0.36%

Milk (1 liter)

$1.45 COP 4,600

$1.59 €1.42

-8.81%

White Bread (500g)

$2.36 COP 7,496

$2.20 €1.95

7.27%

Rice (white) (1kg)

$1.68 COP 5,328

$2.93 €2.61

-42.66%

Eggs

$2.86 COP 9,077

$4.59 €4.08

-37.69%

Local Cheese (1kg)

$10.19 COP 32.3K

$20.28 €18.04

-49.75%

Chicken Fillets (1kg)

$9.53 COP 30.2K

$12.31 €10.95

-22.58%

Beef Round Steak (1kg)

$14.04 COP 44.5K

$19.14 €17.02

-26.65%

Apples (1kg)

$4.07 COP 12.9K

$2.47 €2.20

64.78%

Banana (1kg)

$1.50 COP 4,742

$2.35 €2.09

-36.17%

Oranges (1kg)

$2.17 COP 6,891

$3.38 €3.00

-35.80%

Tomato (1kg)

$2.31 COP 7,310

$3.21 €2.85

-28.04%

Potato (1kg)

$1.93 COP 6,113

$2.31 €2.06

-16.45%

Onion (1kg)

$1.64 COP 5,196

$1.66 €1.47

-1.20%

Lettuce (1 head)

$1.13 COP 3,571

$1.24 €1.10

-8.87%

Water (1.5 liter bottle)

$1.25 COP 3,954

$0.36 €0.32

247.22%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.6K

$6.39 €5.68

-37.56%

Wine (Bottle)

$13.35 COP 42.3K

$8.16 €7.26

63.60%

Local Beer (0.5 liter bottle)

$1.70 COP 5,384

$1.95 €1.73

-12.82%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,525

$3.12 €2.77

-24.04%

One-way Ticket (Public Transport)

$1.21 COP 3,827

$2.19 €1.95

-44.75%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 242.5K

$38.28 €34.05

99.82%

Taxi Start (Normal Tariff)

$1.32 COP 4,179

$3.67 €3.26

-64.03%

Taxi (Normal Tariff) (1km)

$2.14 COP 6,774

$1.26 €1.12

69.84%

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 26.8K

$30.90 €27.49

-72.59%

Gasoline (1 liter)

$1.30 COP 4,114

$1.98 €1.76

-34.34%

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

$28.0K COP 88.7M

$28.5K €25.3K

-1.75%

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

$35.4K COP 112.3M

$35.0K €31.2K

1.07%

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

$172 COP 545.6K

$288 €256

-40.27%

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

$13.37 COP 42.4K

$11.55 €10.27

15.76%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.1K

$29.39 €26.15

-2.25%

Gym Membership (Monthly)

$45.24 COP 143.5K

$42.61 €37.90

6.17%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.0K

Cinema Ticket

$6.28 COP 19.9K

$11.54 €10.27

-45.58%

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

$770 COP 2.4M

$383 €341

100.94%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.6M

$16.9K €15.0K

-46.57%

Jeans (Levis 501 Or Similar)

$86.4 COP 274.0K

$97.6 €86.8

-11.42%

Summer Dress (H&M, Zara, etc)

$57.1 COP 181.1K

$36.24 €32.24

57.64%

Sport Shoes (Adidas, Nike)

$137 COP 432.9K

$99.8 €88.8

36.80%

Men's Leather Business Shoes

$97.9 COP 310.4K

$148 €132

-34.05%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.3M

$747 €665

41.16%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$604 €537

1.98%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$1,046 €931

80.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.2M

$879 €782

16.38%

Buy Apartment in City Center (m2)

$4,059 COP 12.9M

$3,215 €2,860

26.25%

Buy Apartment Outside City Center (m2)

$1,678 COP 5.3M

$2,092 €1,861

-19.78%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$2,098 €1,866

-68.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.16

246.20%

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

Last update for Medellin: October 12, 2026

Last update for Prato: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$616 38.2%

Prato

$604 31.8% 1.9% $12

Groceries & Markets

Medellin

$295 18.3%

Prato

$356 18.8% 20.7% $61

Monthly Utilities & Internet

Medellin

$214 13.3%

Prato

$329 17.4% 53.6% $115

Clothing & Footwear

Medellin

$170 10.5%

Prato

$172 9.1% 1.1% $1.8

Eating Out

Medellin

$168 10.4%

Prato

$313 16.5% 85.7% $144

Getting Around

Medellin

$93 5.8%

Prato

$57 3% 38.9% $36

Sport & Entertainment

Medellin

$58 3.6%

Prato

$66 3.5% 13.6% $7.9

Cost Breakdown

A central one-bedroom costs $1,055 in Medellin versus $747 in Prato. 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 222% higher in Prato, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $46.00 in Medellin versus $77.0 in Prato. Monthly groceries follow the same trend: $295 vs $356 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇮🇹 Prato

🕒 Local time

21:50 9:50 PM

04:50 4:50 AM

7 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

191,150

💱 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 20, 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 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

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Medellin Prato 9,260 km ≈ 12 h nonstop flight

From you

Medellin
Prato

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 Prato: Cost of Living - Frequently Asked Questions

Yes – Prato is pricier by about 17%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,421 per month in Medellin and $2,844 in Prato. 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 $46.00 in Medellin and $77.0 in Prato. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,614 in Medellin and $1,896 in Prato. That's a gap of about 17%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,614, than in Prato at $1,896. In Medellin it covers expenses comfortably, while in Prato 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.

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