Cost of Living Comparison Between Medellin and Punta Arenas Cost of Living Comparison Between Medellin and Punta Arenas

🙂 Solo nomad: Medellin is 37% cheaper than Punta Arenas without rent, and 25.3% cheaper with rent.
🙂 Family of 3: Medellin is 28.4% cheaper than Punta Arenas without rent, and 25.2% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Punta Arenas
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$11.12 CLP 10.3K
-43.97%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$53.1 CLP 49.3K
-39.04%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$8.53 CLP 7,931
-13.36%
Cappuccino
$1.72 COP 7,155
$3.96 CLP 3,685
-56.57%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.25 CLP 2,091
-51.11%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.45 CLP 1,346
-49.66%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$3.79 CLP 3,529
-56.20%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$5.37 CLP 4,998
-40.41%
🛒 Groceries & Markets
Medellin
Punta Arenas
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.29 CLP 1,204
-15.50%
White Bread (500g)
$1.24 COP 5,188
$1.56 CLP 1,454
-20.51%
Rice (white) (1kg)
$1.33 COP 5,544
$1.73 CLP 1,606
-23.12%
Eggs
$2.22 COP 9,252
$4.31 CLP 4,011
-48.49%
Local Cheese (1kg)
$4.55 COP 19K
$14.85 CLP 13.8K
-69.36%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$6.79 CLP 6,313
-15.91%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$13.83 CLP 12.9K
-37.89%
Apples (1kg)
$2.26 COP 9,410
$2.71 CLP 2,519
-16.61%
Banana (1kg)
$1.07 COP 4,461
$2.4 CLP 2,233
-55.42%
Oranges (1kg)
$1.51 COP 6,293
$2.35 CLP 2,182
-35.74%
Tomato (1kg)
$1.42 COP 5,911
$1.47 CLP 1,366
-3.40%
Potato (1kg)
$1.11 COP 4,619
$1.53 CLP 1,420
-27.45%
Onion (1kg)
$1.18 COP 4,932
$2.35 CLP 2,183
-49.79%
Lettuce (1 head)
$0.89 COP 3,718
$1.82 CLP 1,693
-51.10%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.89 CLP 1,759
-55.56%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$5.49 CLP 5,104
-57.19%
Wine (Bottle)
$9.34 COP 38.9K
$4.96 CLP 4,617
88.31%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$2.2 CLP 2,047
-46.36%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$2.92 CLP 2,718
-14.73%
🚌 Getting Around
Medellin
Punta Arenas
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$0.62 CLP 579
33.87%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$20.2 CLP 18.8K
107.43%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$0.51 CLP 473
176.47%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$2.07 CLP 1,925
-5.31%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$12.74 CLP 11.9K
-38.38%
Gasoline (1 liter)
$1.02 COP 4,265
$1.55 CLP 1,440
-34.19%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$19.4K CLP 18M
-9.19%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$21.4K CLP 19.9M
22.36%
🧾 Monthly Utilities & Internet
Medellin
Punta Arenas
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$155 CLP 144.1K
-46.73%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$13.65 CLP 12.7K
-30.84%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$21.53 CLP 20K
9.20%
🎉 Sport & Entertainment
Medellin
Punta Arenas
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$47.88 CLP 44.5K
-46.37%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$21.28 CLP 19.8K
-10.06%
Cinema Ticket
$3.96 COP 16.5K
$6.84 CLP 6,362
-42.11%
🧸 Childcare & Education
Medellin
Punta Arenas
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$444 CLP 412.7K
-31.31%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$6,500 CLP 6M
-8.85%
👕👟 Clothing & Footwear
Medellin
Punta Arenas
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$62.2 CLP 57.9K
-6.96%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$42.26 CLP 39.3K
-25.25%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$103 CLP 96.2K
-0.25%
Men's Leather Business Shoes
$106 COP 440.5K
$132 CLP 122.9K
-20.05%
🏠 Accommodation & Living
Medellin
Punta Arenas
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$597 CLP 555.4K
-18.05%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$394 CLP 366.3K
-3.77%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,006 CLP 935.4K
-17.78%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$689 CLP 640.9K
5.80%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$405 CLP 377.1K
440.11%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
-
-
💵 Salaries & Financials
Medellin
Punta Arenas
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$840 CLP 781.1K
-34.51%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.18
159.27%

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

Last update for Medellin: October 28, 2025

Last update for Punta Arenas: October 28, 2025

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