Cost of Living Comparison Between Medellin and Punto Fijo Cost of Living Comparison Between Medellin and Punto Fijo

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $651 in Punto Fijo, rent included.

A couple spends around $1,602 per month in Medellin vs $1,086 in Punto Fijo, rent included.

A family of three spends $2,192 per month in Medellin vs $1,521 in Punto Fijo, rent included.

Medellin costs about 56% more than Punto Fijo, driven mainly by Getting Around.

Both Medellin and Punto Fijo are more affordable than the global median – Medellin 24% lower, Punto Fijo 51% lower.

Currency
🍽 Eating Out
Medellin
Punto Fijo
Difference
Meal at Budget Restaurant
$5.99 COPΒ 21.4K
$6.12 VESΒ 3,412
-2.12%
Three-Course Dinner for Two, Mid-Range
$32.86 COPΒ 117.4K
$24.55 VESΒ 13.7K
33.85%
Fast Food Meal (McDonalds, etc)
$7.09 COPΒ 25.3K
$8.72 VESΒ 4,861
-18.69%
Cappuccino
$1.71 COPΒ 6,115
$1.50 VESΒ 835
14.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.10 COPΒ 3,924
$1.08 VESΒ 603
1.85%
Water (0.33 liter bottle)
$0.78 COPΒ 2,781
$0.56 VESΒ 312
39.29%
Local Beer (0.5 liter draught)
$1.68 COPΒ 5,997
$1.33 VESΒ 739
26.32%
Imported Beer (0.33 liter bottle)
$3.07 COPΒ 11.0K
$2.67 VESΒ 1,486
14.98%
πŸ›’ Groceries & Markets
Medellin
Punto Fijo
Difference
Milk (1 liter)
$1.09 COPΒ 3,906
$1.70 VESΒ 947
-35.88%
White Bread (500g)
$1.26 COPΒ 4,508
$1.50 VESΒ 837
-16.00%
Rice (white) (1kg)
$1.38 COPΒ 4,922
$1.08 VESΒ 600
27.78%
Eggs
$2.19 COPΒ 7,827
$2.80 VESΒ 1,560
-21.79%
Local Cheese (1kg)
$4.40 COPΒ 15.7K
$4.17 VESΒ 2,326
5.52%
Chicken Fillets (1kg)
$5.63 COPΒ 20.1K
$5.78 VESΒ 3,223
-2.60%
Beef Round Steak (1kg)
$8.89 COPΒ 31.8K
$5.68 VESΒ 3,167
56.51%
Apples (1kg)
$2.34 COPΒ 8,349
$5.10 VESΒ 2,844
-54.12%
Banana (1kg)
$1.06 COPΒ 3,777
$0.79 VESΒ 438
34.18%
Oranges (1kg)
$1.50 COPΒ 5,374
$0.77 VESΒ 430
94.81%
Tomato (1kg)
$1.38 COPΒ 4,924
$0.97 VESΒ 543
42.27%
Potato (1kg)
$1.15 COPΒ 4,111
$0.98 VESΒ 547
17.35%
Onion (1kg)
$1.16 COPΒ 4,155
$0.98 VESΒ 545
18.37%
Lettuce (1 head)
$0.89 COPΒ 3,182
$0.78 VESΒ 433
14.10%
Water (1.5 liter bottle)
$0.84 COPΒ 2,997
$1.11 VESΒ 618
-24.32%
Cigarettes 20 Pack (Marlboro, Camel)
$2.28 COPΒ 8,145
$3.95 VESΒ 2,201
-42.28%
Wine (Bottle)
$10.64 COPΒ 38.0K
-
-
Local Beer (0.5 liter bottle)
$1.20 COPΒ 4,284
$1.23 VESΒ 685
-2.44%
Imported Beer (0.33 liter bottle)
$2.47 COPΒ 8,824
$2.43 VESΒ 1,355
1.65%
🚌 Getting Around
Medellin
Punto Fijo
Difference
One-way Ticket (Public Transport)
$0.86 COPΒ 3,056
$1.02 VESΒ 570
-15.69%
Public Transport Monthly Pass (Regular Price)
$41.40 COPΒ 147.9K
$60.0 VESΒ 33.4K
-30.94%
Taxi Start (Normal Tariff)
$1.47 COPΒ 5,264
$6.39 VESΒ 3,561
-77.00%
Taxi (Normal Tariff) (1km)
$1.96 COPΒ 7,009
$3.48 VESΒ 1,940
-43.68%
Taxi 1hour Waiting (Normal Tariff)
$7.74 COPΒ 27.6K
-
-
Gasoline (1 liter)
$0.95 COPΒ 3,409
$0.52 VESΒ 292
82.69%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.1K COPΒ 64.7M
$30.5K VESΒ 17.0M
-40.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.5K COPΒ 94.6M
$24.5K VESΒ 13.7M
7.89%
🧾 Monthly Utilities & Internet
Medellin
Punto Fijo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.3 COPΒ 293.7K
$22.36 VESΒ 12.5K
267.84%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.50 COPΒ 33.9K
-
-
Internet (50+ Mbps, Unlimited Data)
$24.23 COPΒ 86.5K
$32.19 VESΒ 17.9K
-24.73%
πŸŽ‰ Sport & Entertainment
Medellin
Punto Fijo
Difference
Gym Membership (Monthly)
$25.89 COPΒ 92.4K
$20.82 VESΒ 11.6K
24.35%
Tennis Court (1 Hour on Weekend)
$19.00 COPΒ 67.9K
$4.89 VESΒ 2,725
288.55%
Cinema Ticket
$3.93 COPΒ 14.0K
$7.65 VESΒ 4,260
-48.63%
🧸 Childcare & Education
Medellin
Punto Fijo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$309 COPΒ 1.1M
$50.3 VESΒ 28.0K
514.88%
International Primary School, 1 Child (Yearly)
$5,965 COPΒ 21.3M
-
-
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Medellin
Punto Fijo
Difference
Jeans (Levis 501 Or Similar)
$58.7 COPΒ 209.5K
$44.17 VESΒ 24.6K
32.81%
Summer Dress (H&M, Zara, etc)
$32.35 COPΒ 115.5K
$34.49 VESΒ 19.2K
-6.20%
Sport Shoes (Adidas, Nike)
$103 COPΒ 366.4K
$78.4 VESΒ 43.7K
30.85%
Men's Leather Business Shoes
$108 COPΒ 387.2K
$99.6 VESΒ 55.5K
8.84%
🏠 Accommodation & Living
Medellin
Punto Fijo
Difference
1-bedroom Apartment, City Center (Monthly)
$476 COPΒ 1.7M
$100 VESΒ 55.8K
375.70%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COPΒ 1.4M
$81.3 VESΒ 45.3K
365.74%
3-bedroom Apartment, City Center (Monthly)
$838 COPΒ 3.0M
$350 VESΒ 195.0K
139.48%
3-bedroom Apartment, Outside City Center (Monthly)
$724 COPΒ 2.6M
$224 VESΒ 124.7K
223.44%
Buy Apartment in City Center (m2)
$2,791 COPΒ 10.0M
-
-
Buy Apartment Outside City Center (m2)
$1,211 COPΒ 4.3M
-
-
πŸ’΅ Salaries & Financials
Medellin
Punto Fijo
Difference
Average Monthly Net Salary (After Tax)
$512 COPΒ 1.8M
$204 VESΒ 113.5K
151.28%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
24
-44.04%

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

Last update for Medellin: May 31, 2026

Last update for Punto Fijo: May 30, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $100 in Punto Fijo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 151% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $25.00 in Punto Fijo. Monthly groceries follow the same trend: $188 vs $177 – making Punto Fijo 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 Punto Fijo: Cost of Living - Frequently Asked Questions
Is Punto Fijo cheaper than Medellin?
Yes – Medellin is pricier by about 56%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,519 per month in Medellin and $977 in Punto Fijo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Punto Fijo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Medellin or Punto Fijo?
A mid-range dinner for two costs $33.00 in Medellin and $25.00 in Punto Fijo. That's a good indicator of the overall restaurant and cafΓ© pricing gap between the two cities.
What are total monthly expenses in Medellin vs Punto Fijo?
Monthly expenses with rent come to $1,013 in Medellin and $651 in Punto Fijo. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,000 a realistic budget for Medellin or Punto Fijo?
A $1,000 monthly budget goes further in Punto Fijo, where all-in costs run around $651, than in Medellin at $1,013. In Punto Fijo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Punto Fijo more family-friendly?
Families tend to lean toward Punto Fijo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Punto Fijo. 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.

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