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 $1,028 per month in Medellin vs $1,107 in Princes Town, rent included.

A couple spends around $1,586 per month in Medellin vs $1,800 in Princes Town, rent included.

A family of three spends $2,144 per month in Medellin vs $2,494 in Princes Town, rent included.

Medellin is about 7% 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 17% lower.

Meal at Budget Restaurant

$6.00 COP 20.6K

$10.45 TTD 70.6

-42.58%

Three-Course Dinner for Two, Mid-Range

$32.84 COP 112.5K

$67.4 TTD 456

-51.30%

Fast Food Meal (McDonalds, etc)

$7.42 COP 25.4K

$7.61 TTD 51.4

-2.50%

Cappuccino

$1.65 COP 5,659

$3.03 TTD 20.45

-45.54%

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

$1.07 COP 3,663

$0.86 TTD 5.78

24.42%

Water (0.33 liter bottle)

$0.76 COP 2,607

$0.77 TTD 5.18

-1.30%

Local Beer (0.5 liter draught)

$1.72 COP 5,908

$1.65 TTD 11.12

4.24%

Imported Beer (0.33 liter bottle)

$3.20 COP 11.0K

$2.33 TTD 15.76

37.34%

Milk (1 liter)

$1.05 COP 3,597

$1.74 TTD 11.75

-39.66%

White Bread (500g)

$1.31 COP 4,479

$2.10 TTD 14.17

-37.62%

Rice (white) (1kg)

$1.34 COP 4,591

$2.27 TTD 15.33

-40.97%

Eggs

$2.19 COP 7,521

$2.80 TTD 18.93

-21.79%

Local Cheese (1kg)

$4.41 COP 15.1K

$2.88 TTD 19.46

53.13%

Chicken Fillets (1kg)

$5.69 COP 19.5K

$10.58 TTD 71.5

-46.22%

Beef Round Steak (1kg)

$8.52 COP 29.2K

$14.20 TTD 95.9

-40.00%

Apples (1kg)

$2.34 COP 8,023

$5.80 TTD 39.20

-59.66%

Banana (1kg)

$1.11 COP 3,804

$1.46 TTD 9.90

-23.97%

Oranges (1kg)

$1.52 COP 5,210

$4.26 TTD 28.76

-64.32%

Tomato (1kg)

$1.37 COP 4,680

$4.75 TTD 32.11

-71.16%

Potato (1kg)

$1.15 COP 3,950

$1.42 TTD 9.60

-19.01%

Onion (1kg)

$1.18 COP 4,043

$1.72 TTD 11.63

-31.40%

Lettuce (1 head)

$0.84 COP 2,885

$1.21 TTD 8.16

-30.58%

Water (1.5 liter bottle)

$0.86 COP 2,931

$1.35 TTD 9.11

-36.30%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 7,753

$5.79 TTD 39.13

-60.97%

Wine (Bottle)

$11.60 COP 39.8K

$18.97 TTD 128

-38.85%

Local Beer (0.5 liter bottle)

$1.20 COP 4,109

$2.20 TTD 14.89

-45.45%

Imported Beer (0.33 liter bottle)

$2.48 COP 8,484

$2.80 TTD 18.95

-11.43%

One-way Ticket (Public Transport)

$0.79 COP 2,721

$1.30 TTD 8.77

-39.23%

Public Transport Monthly Pass (Regular Price)

$40.83 COP 139.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,023

$1.01 TTD 6.81

45.54%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,568

$1.22 TTD 8.27

57.38%

Taxi 1hour Waiting (Normal Tariff)

$7.77 COP 26.6K

$1.78 TTD 12.05

336.52%

Gasoline (1 liter)

$1.01 COP 3,464

$1.14 TTD 7.71

-11.40%

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

$17.7K COP 60.5M

$34.1K TTD 230.3K

-48.19%

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

$26.5K COP 90.7M

$38.6K TTD 260.7K

-31.45%

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

$81.1 COP 277.9K

$80.9 TTD 547

0.21%

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

$9.43 COP 32.3K

$46.94 TTD 317

-79.91%

Internet (50+ Mbps, Unlimited Data)

$23.86 COP 81.8K

$62.8 TTD 424

-61.99%

Gym Membership (Monthly)

$25.99 COP 89.1K

$44.85 TTD 303

-42.05%

Tennis Court (1 Hour on Weekend)

$18.71 COP 64.1K

Cinema Ticket

$4.09 COP 14.0K

$6.50 TTD 43.93

-37.08%

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

$315 COP 1.1M

$180 TTD 1,217

74.57%

International Primary School, 1 Child (Yearly)

$6,022 COP 20.6M

$7,271 TTD 49.1K

-17.18%

Jeans (Levis 501 Or Similar)

$59.7 COP 204.6K

$59.2 TTD 400

0.84%

Summer Dress (H&M, Zara, etc)

$31.97 COP 109.6K

$38.72 TTD 262

-17.43%

Sport Shoes (Adidas, Nike)

$101 COP 346.9K

$95.3 TTD 644

6.22%

Men's Leather Business Shoes

$105 COP 360.3K

$88.9 TTD 601

18.18%

1-bedroom Apartment, City Center (Monthly)

$485 COP 1.7M

$297 TTD 2,005

63.55%

1-bedroom Apartment, Outside City Center (Monthly)

$365 COP 1.3M

$226 TTD 1,526

61.69%

3-bedroom Apartment, City Center (Monthly)

$827 COP 2.8M

$658 TTD 4,448

25.56%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.5M

$445 TTD 3,003

64.27%

Buy Apartment in City Center (m2)

$2,992 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,314 COP 4.5M

Average Monthly Net Salary (After Tax)

$551 COP 1.9M

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: June 15, 2026

Last update for Princes Town: June 13, 2026

Cost Breakdown

A central one-bedroom costs $485 in Medellin versus $297 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: $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 8%, 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 $1,542 per month in Medellin and $1,661 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 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 $1,028, than in Princes Town at $1,107. 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.