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

Monthly Cost of Living

A single person spends $1,003 per month in Medellin vs $307 in Punta Gorda, rent included.

A couple spends around $1,573 per month in Medellin vs $583 in Punta Gorda, rent included.

A family of three spends $2,143 per month in Medellin vs $859 in Punta Gorda, rent included.

Medellin costs about 227% more than Punta Gorda, driven mainly by Clothing & Footwear.

Both Medellin and Punta Gorda are more affordable than the global median – Medellin 25% lower, Punta Gorda 77% lower.

Meal at Budget Restaurant

$5.91 COP 18.4K

$12.70 BZD 25.40

-53.46%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 102.7K

$40.04 BZD 80.1

-17.68%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.1K

$8.16 BZD 16.32

-8.95%

Cappuccino

$1.65 COP 5,153

$3.57 BZD 7.13

-53.78%

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

$1.10 COP 3,432

Water (0.33 liter bottle)

$0.78 COP 2,433

$1.52 BZD 3.04

-48.68%

Local Beer (0.5 liter draught)

$1.72 COP 5,356

$6.17 BZD 12.34

-72.12%

Imported Beer (0.33 liter bottle)

$3.18 COP 9,904

$4.06 BZD 8.12

-21.67%

Milk (1 liter)

$1.10 COP 3,439

White Bread (500g)

$1.26 COP 3,921

$2.18 BZD 4.35

-42.20%

Rice (white) (1kg)

$1.38 COP 4,304

Eggs

$2.18 COP 6,788

$1.48 BZD 2.97

47.30%

Local Cheese (1kg)

$4.49 COP 14.0K

$13.46 BZD 26.92

-66.64%

Chicken Fillets (1kg)

$5.79 COP 18.0K

Beef Round Steak (1kg)

$8.97 COP 27.9K

Apples (1kg)

$2.32 COP 7,232

Banana (1kg)

$1.06 COP 3,318

Oranges (1kg)

$1.52 COP 4,725

Tomato (1kg)

$1.36 COP 4,226

$4.26 BZD 8.52

-68.08%

Potato (1kg)

$1.13 COP 3,515

Onion (1kg)

$1.17 COP 3,651

Lettuce (1 head)

$0.90 COP 2,809

Water (1.5 liter bottle)

$0.90 COP 2,794

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 6,961

$6.77 BZD 13.55

-67.06%

Wine (Bottle)

$12.12 COP 37.8K

Local Beer (0.5 liter bottle)

$1.19 COP 3,704

Imported Beer (0.33 liter bottle)

$2.48 COP 7,735

$4.37 BZD 8.74

-43.25%

One-way Ticket (Public Transport)

$0.85 COP 2,660

Public Transport Monthly Pass (Regular Price)

$41.62 COP 129.7K

Taxi Start (Normal Tariff)

$1.42 COP 4,413

Taxi (Normal Tariff) (1km)

$1.95 COP 6,078

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.6K

Gasoline (1 liter)

$0.99 COP 3,086

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

$17.6K COP 54.8M

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

$26.8K COP 83.5M

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

$83.0 COP 258.7K

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

$9.70 COP 30.2K

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 73.3K

Gym Membership (Monthly)

$25.26 COP 78.7K

Tennis Court (1 Hour on Weekend)

$19.10 COP 59.5K

Cinema Ticket

$3.95 COP 12.3K

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

$316 COP 984.0K

International Primary School, 1 Child (Yearly)

$5,975 COP 18.6M

Jeans (Levis 501 Or Similar)

$60.0 COP 187.0K

Summer Dress (H&M, Zara, etc)

$31.82 COP 99.1K

Sport Shoes (Adidas, Nike)

$102 COP 316.8K

Men's Leather Business Shoes

$107 COP 334.8K

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.6M

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.2M

Buy Apartment in City Center (m2)

$3,265 COP 10.2M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: July 27, 2026

Last update for Punta Gorda: July 25, 2026

Cost Breakdown

A mid-range dinner for two costs $33.00 in Medellin versus $40.00 in Punta Gorda. Groceries tell a different story – $193 in Medellin vs $98.0 in Punta Gorda – so Punta Gorda wins on supermarket bills even if dining out costs more.

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 Punta Gorda: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 227%, and the gap shows up most in Clothing & Footwear. 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 $460 in Punta Gorda. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Groceries cost about 97% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $33.00 in Medellin and $40.00 in Punta Gorda. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,000 monthly budget goes further in Punta Gorda, where all-in costs run around $307, than in Medellin at $1,003. In Punta Gorda it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Punta Gorda – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Punta Gorda. 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.