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 $1,681 per month in Medellin vs $766 in Princes Town, rent included.

A couple spends around $2,445 per month in Medellin vs $1,300 in Princes Town, rent included.

A family of three spends $3,210 per month in Medellin vs $1,834 in Princes Town, rent included.

Medellin costs about 119% more than Princes Town, driven mainly by Getting Around.

Medellin sits 23% above the global median, while Princes Town is 44% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.02 COP 25.3K

$10.13 TTD 68.3

-20.83%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 151.0K

$58.6 TTD 395

-18.28%

Fast Food Meal (McDonalds, etc)

$9.89 COP 31.2K

$8.20 TTD 55.3

20.61%

Cappuccino

$3.13 COP 9,873

$3.81 TTD 25.69

-17.85%

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

$1.91 COP 6,019

$1.00 TTD 6.75

91.00%

Water (0.33 liter bottle)

$1.51 COP 4,763

$0.77 TTD 5.19

96.10%

Local Beer (0.5 liter draught)

$3.12 COP 9,853

$1.89 TTD 12.76

65.08%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$2.61 TTD 17.61

120.31%

Milk (1 liter)

$1.44 COP 4,558

$2.05 TTD 13.80

-29.76%

White Bread (500g)

$2.49 COP 7,843

$2.29 TTD 15.46

8.73%

Rice (white) (1kg)

$1.77 COP 5,595

$2.81 TTD 18.98

-37.01%

Eggs

$2.96 COP 9,336

$3.81 TTD 25.70

-22.31%

Local Cheese (1kg)

$10.07 COP 31.8K

$6.60 TTD 44.49

52.58%

Chicken Fillets (1kg)

$10.12 COP 31.9K

$10.26 TTD 69.2

-1.36%

Beef Round Steak (1kg)

$14.30 COP 45.1K

$8.67 TTD 58.5

64.94%

Apples (1kg)

$4.14 COP 13.0K

$5.55 TTD 37.41

-25.41%

Banana (1kg)

$1.61 COP 5,073

$2.48 TTD 16.75

-35.08%

Oranges (1kg)

$2.25 COP 7,083

$3.77 TTD 25.41

-40.32%

Tomato (1kg)

$2.25 COP 7,104

$4.18 TTD 28.19

-46.17%

Potato (1kg)

$2.04 COP 6,444

$0.72 TTD 4.83

183.33%

Onion (1kg)

$1.54 COP 4,842

$0.76 TTD 5.14

102.63%

Lettuce (1 head)

$1.17 COP 3,691

$1.43 TTD 9.66

-18.18%

Water (1.5 liter bottle)

$1.31 COP 4,121

$1.21 TTD 8.14

8.26%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.3K

$5.47 TTD 36.87

-28.70%

Wine (Bottle)

$14.01 COP 44.2K

$17.50 TTD 118

-19.94%

Local Beer (0.5 liter bottle)

$1.74 COP 5,498

$1.56 TTD 10.50

11.54%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,053

$2.95 TTD 19.87

-2.71%

One-way Ticket (Public Transport)

$1.22 COP 3,834

Public Transport Monthly Pass (Regular Price)

$80.5 COP 253.9K

Taxi Start (Normal Tariff)

$1.31 COP 4,129

$0.89 TTD 6.02

47.19%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,899

$0.86 TTD 5.83

154.65%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.5K

$15.01 TTD 101

-41.97%

Gasoline (1 liter)

$1.37 COP 4,306

$1.11 TTD 7.49

23.42%

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

$27.8K COP 87.8M

$37.1K TTD 250.0K

-24.91%

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

$35.8K COP 112.8M

$41.7K TTD 280.9K

-14.11%

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

$177 COP 559.3K

$44.30 TTD 299

300.23%

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

$13.88 COP 43.8K

$42.13 TTD 284

-67.05%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 93.8K

$45.22 TTD 305

-34.28%

Gym Membership (Monthly)

$44.88 COP 141.6K

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.0K

Cinema Ticket

$6.65 COP 21.0K

$8.99 TTD 60.7

-26.03%

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

$813 COP 2.6M

$403 TTD 2,718

101.76%

International Primary School, 1 Child (Yearly)

$9,187 COP 29.0M

$10.9K TTD 73.2K

-15.41%

Jeans (Levis 501 Or Similar)

$89.5 COP 282.3K

$54.9 TTD 370

63.09%

Summer Dress (H&M, Zara, etc)

$59.0 COP 186.0K

$37.57 TTD 253

56.96%

Sport Shoes (Adidas, Nike)

$138 COP 435.9K

$87.8 TTD 592

57.39%

Men's Leather Business Shoes

$102 COP 322.1K

$87.4 TTD 589

16.88%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 6.0M

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

Buy Apartment in City Center (m2)

$4,183 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

5.75

90.26%

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

Last update for Medellin: September 14, 2026

Last update for Princes Town: September 15, 2026

Cost Breakdown

A mid-range dinner for two costs $48.00 in Medellin versus $59.0 in Princes Town. Monthly groceries follow the same trend: $305 vs $318 – 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 – Medellin is pricier by about 119%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,521 per month in Medellin and $1,149 in Princes Town. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $48.00 in Medellin and $59.0 in Princes Town. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 4% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Princes Town, where all-in costs run around $766, than in Medellin at $1,681. In Princes Town it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Princes Town – 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 Princes Town. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.