Last update: Oct 2026

Cost of Living Comparison Between Medellin and Prescott, AZ

For one person, living is cheaper in Medellin: $1,625 a month against $2,700 in Prescott, AZ, rent and utilities included – about $12,900 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
Learn more

Medellin Living Index
130

Cost of Living Index in Prescott, AZ
Learn more

Prescott, AZ Living Index

Jump to prices

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Prescott, AZ

🇺🇸 United States

$2,700

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Prescott, AZ

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

A single person spends $1,625 per month in Medellin vs $2,700 in Prescott, AZ, rent included.

Medellin $1,625
Prescott, AZ $2,700

A couple spends around $2,412 per month in Medellin vs $3,713 in Prescott, AZ, rent included.

Medellin $2,412
Prescott, AZ $3,713

A family of three spends $3,199 per month in Medellin vs $4,725 in Prescott, AZ, rent included.

Medellin $3,199
Prescott, AZ $4,725

Medellin is about 40% cheaper than Prescott, AZ, and outside of rent the biggest gap is in eating out.

Both Medellin and Prescott, AZ sit above the global median – Medellin by 20%, Prescott, AZ by 99%.

Meal at Budget Restaurant

$8.30 COP 26.3K

$17.46 $17.46

-52.46%

Three-Course Dinner for Two, Mid-Range

$46.91 COP 148.7K

$73.0 $73.0

-35.70%

Fast Food Meal (McDonalds, etc)

$9.24 COP 29.3K

$12.79 $12.79

-27.76%

Cappuccino

$3.05 COP 9,676

$5.34 $5.34

-42.88%

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

$1.80 COP 5,707

$1.72 $1.72

4.65%

Water (0.33 liter bottle)

$1.38 COP 4,382

$1.67 $1.67

-17.37%

Local Beer (0.5 liter draught)

$3.24 COP 10.3K

$6.59 $6.59

-50.83%

Imported Beer (0.33 liter bottle)

$5.56 COP 17.6K

$7.42 $7.42

-25.07%

Milk (1 liter)

$1.50 COP 4,760

$0.95 $0.95

57.89%

White Bread (500g)

$2.37 COP 7,508

$3.25 $3.25

-27.08%

Rice (white) (1kg)

$1.70 COP 5,377

$4.97 $4.97

-65.79%

Eggs

$2.96 COP 9,379

$4.72 $4.72

-37.29%

Local Cheese (1kg)

$10.22 COP 32.4K

$13.77 $13.77

-25.78%

Chicken Fillets (1kg)

$9.74 COP 30.9K

$11.43 $11.43

-14.79%

Beef Round Steak (1kg)

$13.90 COP 44.1K

$17.05 $17.05

-18.48%

Apples (1kg)

$4.13 COP 13.1K

$4.40 $4.40

-6.14%

Banana (1kg)

$1.53 COP 4,839

$1.26 $1.26

21.43%

Oranges (1kg)

$2.22 COP 7,052

$3.89 $3.89

-42.93%

Tomato (1kg)

$2.27 COP 7,194

$3.80 $3.80

-40.26%

Potato (1kg)

$1.99 COP 6,311

$2.50 $2.50

-20.40%

Onion (1kg)

$1.67 COP 5,285

$2.93 $2.93

-43.00%

Lettuce (1 head)

$1.18 COP 3,742

$2.09 $2.09

-43.54%

Water (1.5 liter bottle)

$1.24 COP 3,919

$2.13 $2.13

-41.78%

Cigarettes 20 Pack (Marlboro, Camel)

$3.87 COP 12.3K

$10.99 $10.99

-64.79%

Wine (Bottle)

$13.78 COP 43.7K

$12.93 $12.93

6.57%

Local Beer (0.5 liter bottle)

$1.66 COP 5,256

$1.70 $1.70

-2.35%

Imported Beer (0.33 liter bottle)

$2.40 COP 7,615

$3.62 $3.62

-33.70%

One-way Ticket (Public Transport)

$1.24 COP 3,944

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

Taxi Start (Normal Tariff)

$1.28 COP 4,044

$2.68 $2.68

-52.24%

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

$1.34 $1.34

60.45%

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

$35.82 $35.82

-76.63%

Gasoline (1 liter)

$1.35 COP 4,288

$1.00 $1.00

35.00%

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

$34.8K COP 110.2M

$36.0K $36.0K

-3.41%

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

$34.7K COP 110.0M

$26.0K $26.0K

33.50%

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

$167 COP 528.4K

$195 $195

-14.53%

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

$13.62 COP 43.2K

$48.50 $48.50

-71.92%

Internet (50+ Mbps, Unlimited Data)

$29.12 COP 92.3K

$74.9 $74.9

-61.14%

Gym Membership (Monthly)

$45.09 COP 143.0K

$50.7 $50.7

-11.07%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$6.97 COP 22.1K

$12.57 $12.57

-44.55%

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

$790 COP 2.5M

$369 $369

114.07%

International Primary School, 1 Child (Yearly)

$9,041 COP 28.7M

$15.4K $15.4K

-41.19%

Jeans (Levis 501 Or Similar)

$87.8 COP 278.4K

$56.1 $56.1

56.59%

Summer Dress (H&M, Zara, etc)

$58.2 COP 184.4K

$43.35 $43.35

34.14%

Sport Shoes (Adidas, Nike)

$139 COP 440.7K

$82.4 $82.4

68.74%

Men's Leather Business Shoes

$98.9 COP 313.5K

$112 $112

-11.80%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,380 $1,380

-25.47%

1-bedroom Apartment, Outside City Center (Monthly)

$620 COP 2.0M

$1,478 $1,478

-58.07%

3-bedroom Apartment, City Center (Monthly)

$1,881 COP 6.0M

$2,436 $2,436

-22.78%

3-bedroom Apartment, Outside City Center (Monthly)

$1,008 COP 3.2M

$2,039 $2,039

-50.57%

Buy Apartment in City Center (m2)

$3,988 COP 12.6M

$4,387 $4,387

-9.10%

Buy Apartment Outside City Center (m2)

$1,702 COP 5.4M

$3,715 $3,715

-54.19%

Average Monthly Net Salary (After Tax)

$663 COP 2.1M

$3,946 $3,946

-83.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

6.22

75.88%

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

Last update for Medellin: October 19, 2026

Last update for Prescott, AZ: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$619 38.1%

Prescott, AZ

$1.5K 54.7% 139% $858

Groceries & Markets

Medellin

$298 18.3%

Prescott, AZ

$383 14.2% 28.7% $85

Monthly Utilities & Internet

Medellin

$209 12.9%

Prescott, AZ

$318 11.8% 52.1% $109

Clothing & Footwear

Medellin

$173 10.6%

Prescott, AZ

$132 4.9% 23.4% $40

Eating Out

Medellin

$171 10.5%

Prescott, AZ

$303 11.2% 77.6% $133

Getting Around

Medellin

$95 5.9%

Prescott, AZ

$9.4 * 0.4% 90.1% $86

Sport & Entertainment

Medellin

$59 3.6%

Prescott, AZ

$76 2.8% 28.5% $17

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $1,380 in Prescott, AZ. 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 495% higher in Prescott, AZ, 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 $47.00 in Medellin versus $73.0 in Prescott, AZ. Monthly groceries follow the same trend: $298 vs $383 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇺🇸 Prescott, AZ

🕒 Local time

09:24 9:24 AM

07:24 7:24 AM

2 h behind Medellin

🌤 Weather

👥 Population

2,486,723

45,827

💱 Currency

Colombian Peso COP $

United States Dollar USD $

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR 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).

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Prescott, AZ 4,910 km ≈ 7 h nonstop flight

From you

Medellin
Prescott, AZ

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 Prescott, AZ: Cost of Living - Frequently Asked Questions

Yes – Prescott, AZ is pricier by about 66%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,437 per month in Medellin and $4,050 in Prescott, AZ. 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 $47.00 in Medellin and $73.0 in Prescott, AZ. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 29% more in Prescott, AZ, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Prescott, AZ at $2,700. In Medellin it covers expenses comfortably, while in Prescott, AZ 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, Prescott, AZ makes more sense. Both are solid long-term options with distinct trade-offs.