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 $1,641 per month in Medellin vs $992 in Punto Fijo, rent included.

A couple spends around $2,447 per month in Medellin vs $1,696 in Punto Fijo, rent included.

A family of three spends $3,253 per month in Medellin vs $2,400 in Punto Fijo, rent included.

Medellin costs about 65% more than Punto Fijo, driven mainly by Clothing & Footwear.

Medellin sits 19% above the global median, while Punto Fijo is 28% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.04 COP 24.8K

$14.72 VES 12.2K

-45.38%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.7K

$80.3 VES 66.7K

-39.87%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

Cappuccino

$2.94 COP 9,045

$2.31 VES 1,915

27.27%

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

$1.86 COP 5,738

$1.46 VES 1,213

27.40%

Water (0.33 liter bottle)

$1.46 COP 4,481

$0.73 VES 606

100.00%

Local Beer (0.5 liter draught)

$3.21 COP 9,887

$1.94 VES 1,614

65.46%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$5.58 VES 4,637

2.33%

Milk (1 liter)

$1.44 COP 4,431

$2.57 VES 2,138

-43.97%

White Bread (500g)

$2.40 COP 7,393

$2.47 VES 2,049

-2.83%

Rice (white) (1kg)

$1.70 COP 5,230

$3.42 VES 2,837

-50.29%

Eggs

$2.89 COP 8,901

$6.34 VES 5,261

-54.42%

Local Cheese (1kg)

$10.06 COP 31.0K

$6.12 VES 5,079

64.38%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$5.04 VES 4,185

97.82%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$4.91 VES 4,073

189.21%

Apples (1kg)

$3.98 COP 12.3K

$7.88 VES 6,547

-49.49%

Banana (1kg)

$1.58 COP 4,880

$4.90 VES 4,072

-67.76%

Oranges (1kg)

$2.15 COP 6,627

$5.06 VES 4,205

-57.51%

Tomato (1kg)

$2.30 COP 7,082

Potato (1kg)

$2.00 COP 6,172

$5.95 VES 4,942

-66.39%

Onion (1kg)

$1.51 COP 4,648

$4.97 VES 4,129

-69.62%

Lettuce (1 head)

$1.20 COP 3,703

$3.06 VES 2,544

-60.78%

Water (1.5 liter bottle)

$1.28 COP 3,948

$1.49 VES 1,235

-14.09%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$3.94 VES 3,272

-2.54%

Wine (Bottle)

$14.01 COP 43.1K

Local Beer (0.5 liter bottle)

$1.71 COP 5,259

$1.99 VES 1,649

-14.07%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,444

$4.90 VES 4,071

-44.08%

One-way Ticket (Public Transport)

$1.25 COP 3,836

$1.24 VES 1,027

0.81%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.9K

Taxi Start (Normal Tariff)

$1.31 COP 4,018

Taxi (Normal Tariff) (1km)

$2.17 COP 6,684

$6.85 VES 5,684

-68.32%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

Gasoline (1 liter)

$1.36 COP 4,174

$0.49 VES 404

177.55%

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

$27.5K COP 84.6M

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

$36.5K COP 112.5M

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

$169 COP 519.5K

$49.51 VES 41.1K

240.78%

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

$13.57 COP 41.8K

$9.96 VES 8,273

36.24%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$38.03 VES 31.6K

-25.53%

Gym Membership (Monthly)

$45.71 COP 140.8K

$39.89 VES 33.1K

14.59%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

Cinema Ticket

$6.65 COP 20.5K

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

$803 COP 2.5M

$200 VES 166.0K

301.88%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$3,591 VES 3.0M

155.91%

Jeans (Levis 501 Or Similar)

$87.4 COP 269.0K

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.8K

Sport Shoes (Adidas, Nike)

$139 COP 427.7K

$34.76 VES 28.9K

299.63%

Men's Leather Business Shoes

$102 COP 314.2K

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$405 VES 336.4K

164.32%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$294 VES 244.5K

121.76%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$794 VES 659.3K

142.45%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$612 VES 508.0K

71.29%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$203 VES 168.8K

222.21%

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: September 7, 2026

Last update for Punto Fijo: September 8, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $405 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 222% 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 $48.00 in Medellin versus $80.0 in Punto Fijo. Monthly groceries follow the same trend: $300 vs $314 – making Medellin 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

Yes – Medellin is pricier by about 65%, 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 $2,462 per month in Medellin and $1,488 in Punto Fijo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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.

A mid-range dinner for two costs $48.00 in Medellin and $80.0 in Punto Fijo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 5% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Punto Fijo, where all-in costs run around $992, than in Medellin at $1,641. In Punto Fijo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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.

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.