Last update: Nov 2026

Cost of Living Comparison Between Medellin and Punta Gorda

For one person, living is cheaper in Punta Gorda: $239 a month against $1,692 in Medellin, rent and utilities included – about $17,400 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Punta Gorda

🇧🇿 Belize

$239

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Punta Gorda

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Punta Gorda actually costs, broken down by who's living it.

A single person spends $1,692 per month in Medellin vs $239 in Punta Gorda, rent included.

Medellin $1,692
Punta Gorda $239

A couple spends around $2,471 per month in Medellin vs $460 in Punta Gorda, rent included.

Medellin $2,471
Punta Gorda $460

A family of three spends $3,249 per month in Medellin vs $681 in Punta Gorda, rent included.

Medellin $3,249
Punta Gorda $681

Medellin costs about 609% more than Punta Gorda.

Medellin sits 25% above the global median, while Punta Gorda is 82% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.34 COP 26.9K

$15.18 BZD 30.36

-45.06%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.1K

$39.86 BZD 79.7

16.73%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.5K

$9.88 BZD 19.76

-4.15%

Cappuccino

$3.13 COP 10.1K

$3.53 BZD 7.07

-11.33%

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

$1.77 COP 5,696

Water (0.33 liter bottle)

$1.42 COP 4,594

$1.97 BZD 3.94

-27.92%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$5.86 BZD 11.73

-46.25%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$3.94 BZD 7.89

44.67%

Milk (1 liter)

$1.53 COP 4,943

White Bread (500g)

$2.29 COP 7,389

Rice (white) (1kg)

$1.94 COP 6,273

Eggs

$3.07 COP 9,889

Local Cheese (1kg)

$9.99 COP 32.2K

Chicken Fillets (1kg)

$10.45 COP 33.7K

Beef Round Steak (1kg)

$13.96 COP 45.0K

Apples (1kg)

$4.05 COP 13.1K

Banana (1kg)

$1.53 COP 4,929

Oranges (1kg)

$2.10 COP 6,786

Tomato (1kg)

$2.29 COP 7,397

Potato (1kg)

$2.11 COP 6,803

Onion (1kg)

$1.71 COP 5,512

Lettuce (1 head)

$1.17 COP 3,774

Water (1.5 liter bottle)

$1.58 COP 5,096

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

Wine (Bottle)

$14.04 COP 45.3K

Local Beer (0.5 liter bottle)

$1.76 COP 5,682

Imported Beer (0.33 liter bottle)

$2.71 COP 8,746

One-way Ticket (Public Transport)

$1.18 COP 3,805

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.0K

Taxi Start (Normal Tariff)

$1.81 COP 5,827

Taxi (Normal Tariff) (1km)

$2.13 COP 6,867

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.2K

Gasoline (1 liter)

$1.28 COP 4,113

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

$34.4K COP 111.1M

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

$34.1K COP 110.1M

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

$178 COP 573.2K

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

$13.89 COP 44.8K

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.1K

Gym Membership (Monthly)

$41.94 COP 135.3K

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.2K

Cinema Ticket

$7.47 COP 24.1K

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

$790 COP 2.5M

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

Jeans (Levis 501 Or Similar)

$86.3 COP 278.4K

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.1K

Sport Shoes (Adidas, Nike)

$138 COP 446.2K

Men's Leather Business Shoes

$98.8 COP 318.7K

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$593 BZD 1,186

126.25%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Medellin: November 2, 2026

Last update for Punta Gorda: October 31, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$667 39.4%

Punta Gorda

–

Groceries & Markets

Medellin

$307 18.2%

Punta Gorda

–

Monthly Utilities & Internet

Medellin

$222 13.1%

Punta Gorda

–

Eating Out

Medellin

$173 10.2%

Punta Gorda

–

Clothing & Footwear

Medellin

$172 10.2%

Punta Gorda

–

Getting Around

Medellin

$93 5.5%

Punta Gorda

–

Sport & Entertainment

Medellin

$57 3.4%

Punta Gorda

–

Cost Breakdown

A central one-bedroom costs $1,341 in Medellin versus $593 in Punta Gorda. 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 $47 in Medellin versus $40 in Punta Gorda. Use this as a proxy for overall food spending across the two cities.

Good to know

🇨🇴 Medellin

🇧🇿 Punta Gorda

🕒 Local time

06:04 6:04 AM

05:04 5:04 AM

1 h behind Medellin

🌤 Weather

👥 Population

2,486,723

6,000

💱 Currency

Colombian Peso COP $

Belize Dollar BZD $

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 BZD = 0.5 USD

1 BZD = 0.445 EUR

Exchange rates and currency converter

BZD, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 5, 2026: 1 USD = 3,225 COP (10,000 COP = 3.1 USD). 1 EUR = 3,624 COP (10,000 COP = 2.76 EUR).

Belize Dollar exchange rates as of November 5, 2026: 1 USD = 2 BZD (1 BZD = 0.5 USD). 1 EUR = 2.25 BZD (1 BZD = 0.445 EUR).

USD to COP in detail →

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Medellin Punta Gorda 1,810 km ≈ 2 h 45 min nonstop flight

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Medellin
Punta Gorda

Distances are measured in a straight line. Your location is detected approximately.

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

Medellin costs about 609% more than Punta Gorda, and outside of rent the gap comes mainly from groceries. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,538 per month in Medellin and $358 in Punta Gorda. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Punta Gorda, especially for central apartments: a one-bedroom in the center costs $593 there versus $1,341 in Medellin.

Monthly expenses with rent come to $1,692 in Medellin and $239 in Punta Gorda. That makes Punta Gorda about 86% cheaper.

A mid-range dinner for two costs $47 in Medellin and $40 in Punta Gorda. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $800 monthly budget goes further in Punta Gorda, where all-in costs run around $239, than in Medellin at $1,692. In Punta Gorda it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $239 in Punta Gorda to $1,692 in Medellin. Climate, culture, job market, and personal taste all factor in.