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 $1,017 per month in Medellin vs $311 in Punta Gorda, rent included.

A couple spends around $1,602 per month in Medellin vs $580 in Punta Gorda, rent included.

A family of three spends $2,188 per month in Medellin vs $849 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 24% lower, Punta Gorda 77% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

$12.64 BZD 25.27

-52.93%

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

$39.38 BZD 78.8

-15.36%

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

$8.21 BZD 16.42

-11.94%

Cappuccino

$1.63 COP 5,687

$3.55 BZD 7.10

-54.08%

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

$1.09 COP 3,821

Water (0.33 liter bottle)

$0.73 COP 2,548

$1.51 BZD 3.03

-51.66%

Local Beer (0.5 liter draught)

$1.74 COP 6,065

$5.86 BZD 11.73

-70.31%

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

$3.91 BZD 7.82

-17.39%

Milk (1 liter)

$1.05 COP 3,662

White Bread (500g)

$1.29 COP 4,515

$2.17 BZD 4.35

-40.55%

Rice (white) (1kg)

$1.32 COP 4,617

Eggs

$2.27 COP 7,927

$1.51 BZD 3.02

50.33%

Local Cheese (1kg)

$4.35 COP 15.2K

$13.13 BZD 26.27

-66.87%

Chicken Fillets (1kg)

$5.88 COP 20.5K

Beef Round Steak (1kg)

$8.61 COP 30.0K

Apples (1kg)

$2.25 COP 7,844

Banana (1kg)

$1.07 COP 3,733

Oranges (1kg)

$1.52 COP 5,322

Tomato (1kg)

$1.42 COP 4,964

$4.21 BZD 8.42

-66.27%

Potato (1kg)

$1.17 COP 4,084

Onion (1kg)

$1.17 COP 4,077

Lettuce (1 head)

$0.89 COP 3,096

Water (1.5 liter bottle)

$0.90 COP 3,146

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

$6.73 BZD 13.47

-66.57%

Wine (Bottle)

$11.04 COP 38.5K

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

$4.42 BZD 8.84

-46.15%

One-way Ticket (Public Transport)

$0.84 COP 2,916

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$1.41 COP 4,912

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

Gasoline (1 liter)

$1.01 COP 3,509

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

$17.6K COP 61.4M

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

$26.5K COP 92.5M

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

$83.7 COP 292.1K

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

$9.45 COP 33.0K

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

Gym Membership (Monthly)

$25.31 COP 88.3K

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$4.10 COP 14.3K

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

$312 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

Men's Leather Business Shoes

$109 COP 378.8K

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

Average Monthly Net Salary (After Tax)

$541 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: June 8, 2026

Last update for Punta Gorda: June 8, 2026

Cost Breakdown

A mid-range dinner for two costs $33.00 in Medellin versus $39.00 in Punta Gorda. Groceries tell a different story – $190 in Medellin vs $97.0 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 $1,525 per month in Medellin and $467 in Punta Gorda. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Groceries cost about 95% 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 $39.00 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 $311, than in Medellin at $1,017. 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.