Cost of Living Comparison Between Medellin and Princes Town Cost of Living Comparison Between Medellin and Princes Town

Monthly Cost of Living

A single person spends $1,003 per month in Medellin vs $1,089 in Princes Town, rent included.

A couple spends around $1,573 per month in Medellin vs $1,816 in Princes Town, rent included.

A family of three spends $2,143 per month in Medellin vs $2,542 in Princes Town, rent included.

Medellin is about 8% cheaper than Princes Town, driven mainly by Groceries & Markets.

Both Medellin and Princes Town are more affordable than the global median – Medellin 25% lower, Princes Town 18% lower.

Meal at Budget Restaurant

$5.91 COP 18.6K

$10.15 TTD 68.1

-41.77%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 103.8K

$67.3 TTD 452

-51.05%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.4K

$7.28 TTD 48.88

2.06%

Cappuccino

$1.65 COP 5,207

$2.92 TTD 19.62

-43.49%

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

$1.10 COP 3,468

$0.87 TTD 5.86

26.44%

Water (0.33 liter bottle)

$0.78 COP 2,458

$0.76 TTD 5.11

2.63%

Local Beer (0.5 liter draught)

$1.72 COP 5,412

$1.67 TTD 11.20

2.99%

Imported Beer (0.33 liter bottle)

$3.18 COP 10.0K

$2.35 TTD 15.80

35.32%

Milk (1 liter)

$1.10 COP 3,474

$1.73 TTD 11.61

-36.42%

White Bread (500g)

$1.26 COP 3,962

$2.05 TTD 13.78

-38.54%

Rice (white) (1kg)

$1.38 COP 4,349

$2.20 TTD 14.76

-37.27%

Eggs

$2.18 COP 6,858

$2.70 TTD 18.16

-19.26%

Local Cheese (1kg)

$4.49 COP 14.1K

$2.98 TTD 20.03

50.67%

Chicken Fillets (1kg)

$5.79 COP 18.2K

$10.58 TTD 71.0

-45.27%

Beef Round Steak (1kg)

$8.97 COP 28.2K

$14.37 TTD 96.5

-37.58%

Apples (1kg)

$2.32 COP 7,308

$5.92 TTD 39.78

-60.81%

Banana (1kg)

$1.06 COP 3,352

$1.47 TTD 9.86

-27.89%

Oranges (1kg)

$1.52 COP 4,774

$4.28 TTD 28.71

-64.49%

Tomato (1kg)

$1.36 COP 4,270

$4.86 TTD 32.61

-72.02%

Potato (1kg)

$1.13 COP 3,552

$1.48 TTD 9.94

-23.65%

Onion (1kg)

$1.17 COP 3,689

$1.66 TTD 11.15

-29.52%

Lettuce (1 head)

$0.90 COP 2,838

$1.16 TTD 7.78

-22.41%

Water (1.5 liter bottle)

$0.90 COP 2,823

$1.31 TTD 8.83

-31.30%

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,034

$6.00 TTD 40.28

-62.83%

Wine (Bottle)

$12.12 COP 38.2K

$17.82 TTD 120

-31.99%

Local Beer (0.5 liter bottle)

$1.19 COP 3,743

$2.18 TTD 14.62

-45.41%

Imported Beer (0.33 liter bottle)

$2.48 COP 7,815

$2.81 TTD 18.85

-11.74%

One-way Ticket (Public Transport)

$0.85 COP 2,687

$1.35 TTD 9.08

-37.04%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

Taxi Start (Normal Tariff)

$1.42 COP 4,459

$1.04 TTD 6.99

36.54%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

$1.28 TTD 8.61

52.34%

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

$1.82 TTD 12.20

333.52%

Gasoline (1 liter)

$0.99 COP 3,118

$1.14 TTD 7.67

-13.16%

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

$17.6K COP 55.4M

$34.4K TTD 230.7K

-48.77%

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

$26.8K COP 84.4M

$38.9K TTD 261.0K

-31.05%

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

$83.0 COP 261.4K

$79.1 TTD 531

4.96%

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

$9.70 COP 30.5K

$47.08 TTD 316

-79.40%

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 74.1K

$61.5 TTD 413

-61.75%

Gym Membership (Monthly)

$25.26 COP 79.5K

$43.50 TTD 292

-41.93%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

Cinema Ticket

$3.95 COP 12.4K

$6.71 TTD 45.09

-41.13%

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

$316 COP 994.2K

$181 TTD 1,212

74.92%

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

$7,160 TTD 48.1K

-16.55%

Jeans (Levis 501 Or Similar)

$60.0 COP 188.9K

$58.3 TTD 391

2.95%

Summer Dress (H&M, Zara, etc)

$31.82 COP 100.2K

$39.07 TTD 262

-18.56%

Sport Shoes (Adidas, Nike)

$102 COP 320.1K

$97.3 TTD 653

4.49%

Men's Leather Business Shoes

$107 COP 338.3K

$88.5 TTD 594

21.43%

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

$294 TTD 1,973

61.62%

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

$221 TTD 1,481

69.55%

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.7M

$675 TTD 4,533

25.78%

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.3M

$443 TTD 2,975

62.41%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

5.38

149.63%

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

Last update for Medellin: July 27, 2026

Last update for Princes Town: July 28, 2026

Cost Breakdown

A central one-bedroom costs $475 in Medellin versus $294 in Princes Town. 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 $33.00 in Medellin versus $67.0 in Princes Town. Monthly groceries follow the same trend: $193 vs $322 – 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 Princes Town: Cost of Living - Frequently Asked Questions

Yes – Princes Town is pricier by about 9%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,504 per month in Medellin and $1,634 in Princes Town. 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 $33.00 in Medellin and $67.0 in Princes Town. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 67% more in Princes Town, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,003, than in Princes Town at $1,089. In Medellin it covers expenses comfortably, while in Princes Town 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, Princes Town makes more sense. Both are solid long-term options with distinct trade-offs.