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 $1,034 per month in Medellin vs $1,073 in Princes Town, rent included.

A couple spends around $1,577 per month in Medellin vs $1,806 in Princes Town, rent included.

A family of three spends $2,120 per month in Medellin vs $2,540 in Princes Town, rent included.

Medellin is about 4% cheaper than Princes Town, driven mainly by Groceries & Markets.

Both Medellin and Princes Town are more affordable than the global median – Medellin 23% lower, Princes Town 20% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$10.38 TTD 70.5

-42.97%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$65.5 TTD 445

-49.99%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$7.53 TTD 51.1

-4.38%

Cappuccino

$1.70 COP 6,140

$3.03 TTD 20.61

-43.89%

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

$1.10 COP 3,966

$0.86 TTD 5.81

27.91%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.73 TTD 4.94

-1.37%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$1.61 TTD 10.95

3.73%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$2.33 TTD 15.80

33.05%

Milk (1 liter)

$1.06 COP 3,809

$1.75 TTD 11.85

-39.43%

White Bread (500g)

$1.25 COP 4,497

$2.02 TTD 13.72

-38.12%

Rice (white) (1kg)

$1.39 COP 5,022

$2.24 TTD 15.22

-37.95%

Eggs

$2.26 COP 8,168

$2.73 TTD 18.54

-17.22%

Local Cheese (1kg)

$4.33 COP 15.6K

$2.99 TTD 20.28

44.82%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$10.61 TTD 72.1

-44.96%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$14.05 TTD 95.4

-37.15%

Apples (1kg)

$2.24 COP 8,099

$5.85 TTD 39.74

-61.71%

Banana (1kg)

$1.08 COP 3,882

$1.45 TTD 9.83

-25.52%

Oranges (1kg)

$1.53 COP 5,522

$4.37 TTD 29.65

-64.99%

Tomato (1kg)

$1.37 COP 4,950

$4.69 TTD 31.84

-70.79%

Potato (1kg)

$1.13 COP 4,078

$1.47 TTD 10.00

-23.13%

Onion (1kg)

$1.12 COP 4,036

$1.71 TTD 11.63

-34.50%

Lettuce (1 head)

$0.85 COP 3,057

$1.16 TTD 7.87

-26.72%

Water (1.5 liter bottle)

$0.91 COP 3,281

$1.35 TTD 9.15

-32.59%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$6.07 TTD 41.20

-61.61%

Wine (Bottle)

$11.13 COP 40.2K

$19.53 TTD 133

-43.01%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$2.19 TTD 14.89

-45.66%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$2.70 TTD 18.36

-12.22%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$1.34 TTD 9.10

-41.04%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$1.05 TTD 7.16

37.14%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$1.23 TTD 8.36

55.28%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$1.73 TTD 11.75

363.58%

Gasoline (1 liter)

$0.94 COP 3,385

$1.15 TTD 7.81

-18.26%

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

$17.9K COP 64.7M

$34.7K TTD 235.4K

-48.30%

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

$26.8K COP 96.7M

$38.9K TTD 263.8K

-31.05%

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

$84.0 COP 303.1K

$79.7 TTD 541

5.35%

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

$9.60 COP 34.7K

$47.39 TTD 322

-79.74%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$61.5 TTD 418

-60.73%

Gym Membership (Monthly)

$25.88 COP 93.4K

$43.83 TTD 298

-40.95%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

Cinema Ticket

$3.92 COP 14.1K

$6.69 TTD 45.44

-41.41%

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

$306 COP 1.1M

$177 TTD 1,202

73.12%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$7,233 TTD 49.1K

-18.17%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$59.7 TTD 405

-3.03%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$38.78 TTD 263

-17.95%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$98.0 TTD 665

1.95%

Men's Leather Business Shoes

$107 COP 386.8K

$89.7 TTD 609

19.46%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$301 TTD 2,045

61.63%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$225 TTD 1,528

63.55%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

$669 TTD 4,540

23.48%

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

$446 TTD 3,026

60.66%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 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: April 27, 2026

Last update for Princes Town: April 27, 2026

Cost Breakdown

A central one-bedroom costs $487 in Medellin versus $301 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 $65.0 in Princes Town. Monthly groceries follow the same trend: $190 vs $325 – 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 4%, 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 $1,550 per month in Medellin and $1,609 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 $65.0 in Princes Town. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 71% 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 $1,034, than in Princes Town at $1,073. 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.