Cost of Living Comparison Between Medellin and Ragama Cost of Living Comparison Between Medellin and Ragama

Monthly Cost of Living

A single person spends $1,641 per month in Medellin vs $515 in Ragama, rent included.

A couple spends around $2,447 per month in Medellin vs $835 in Ragama, rent included.

A family of three spends $3,253 per month in Medellin vs $1,154 in Ragama, rent included.

Medellin costs about 219% more than Ragama, driven mainly by Clothing & Footwear.

Medellin sits 19% above the global median, while Ragama is 63% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Ragama
Difference
Meal at Budget Restaurant
$8.04 COP 24.8K
$4.41 LKR 1,448
82.31%
Three-Course Dinner for Two, Mid-Range
$48.29 COP 148.6K
$26.20 LKR 8,610
84.31%
Fast Food Meal (McDonalds, etc)
$9.42 COP 29.0K
$7.64 LKR 2,509
23.30%
Cappuccino
$2.94 COP 9,040
$2.54 LKR 834
15.75%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.86 COP 5,735
$0.69 LKR 226
169.57%
Water (0.33 liter bottle)
$1.46 COP 4,479
$0.27 LKR 88.7
440.74%
Local Beer (0.5 liter draught)
$3.21 COP 9,882
$2.25 LKR 740
42.67%
Imported Beer (0.33 liter bottle)
$5.71 COP 17.6K
$3.12 LKR 1,026
83.01%
🛒 Groceries & Markets
Medellin
Ragama
Difference
Milk (1 liter)
$1.44 COP 4,428
$1.43 LKR 468
0.70%
White Bread (500g)
$2.40 COP 7,389
$0.51 LKR 166
370.59%
Rice (white) (1kg)
$1.70 COP 5,228
$0.69 LKR 226
146.38%
Eggs
$2.89 COP 8,896
$1.66 LKR 546
74.10%
Local Cheese (1kg)
$10.06 COP 30.9K
$13.16 LKR 4,324
-23.56%
Chicken Fillets (1kg)
$9.97 COP 30.7K
$4.94 LKR 1,622
101.82%
Beef Round Steak (1kg)
$14.20 COP 43.7K
$7.23 LKR 2,376
96.40%
Apples (1kg)
$3.98 COP 12.3K
$6.71 LKR 2,206
-40.69%
Banana (1kg)
$1.58 COP 4,878
$0.89 LKR 294
77.53%
Oranges (1kg)
$2.15 COP 6,624
$4.32 LKR 1,420
-50.23%
Tomato (1kg)
$2.30 COP 7,078
$1.24 LKR 408
85.48%
Potato (1kg)
$2.00 COP 6,169
$1.04 LKR 343
92.31%
Onion (1kg)
$1.51 COP 4,646
$0.80 LKR 262
88.75%
Lettuce (1 head)
$1.20 COP 3,701
$0.88 LKR 290
36.36%
Water (1.5 liter bottle)
$1.28 COP 3,946
$0.46 LKR 151
178.26%
Cigarettes 20 Pack (Marlboro, Camel)
$3.84 COP 11.8K
$10.46 LKR 3,435
-63.29%
Wine (Bottle)
$14.01 COP 43.1K
$13.56 LKR 4,457
3.32%
Local Beer (0.5 liter bottle)
$1.71 COP 5,256
$2.00 LKR 656
-14.50%
Imported Beer (0.33 liter bottle)
$2.74 COP 8,440
$2.77 LKR 909
-1.08%
🚌 Getting Around
Medellin
Ragama
Difference
One-way Ticket (Public Transport)
$1.25 COP 3,834
-
-
Public Transport Monthly Pass (Regular Price)
$77.9 COP 239.7K
-
-
Taxi Start (Normal Tariff)
$1.31 COP 4,016
$0.39 LKR 128
235.90%
Taxi (Normal Tariff) (1km)
$2.17 COP 6,680
$0.39 LKR 127
456.41%
Taxi 1hour Waiting (Normal Tariff)
$8.29 COP 25.5K
$0.92 LKR 303
801.09%
Gasoline (1 liter)
$1.36 COP 4,172
$1.35 LKR 443
0.74%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.5K COP 84.5M
$30.0K LKR 9.8M
-8.32%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$36.5K COP 112.4M
$41.7K LKR 13.7M
-12.29%
🧾 Monthly Utilities & Internet
Medellin
Ragama
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$169 COP 519.2K
$54.4 LKR 17.9K
210.38%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.57 COP 41.8K
$4.16 LKR 1,366
226.20%
Internet (50+ Mbps, Unlimited Data)
$28.32 COP 87.2K
$20.62 LKR 6,776
37.34%
🎉 Sport & Entertainment
Medellin
Ragama
Difference
Gym Membership (Monthly)
$45.71 COP 140.7K
-
-
Tennis Court (1 Hour on Weekend)
$17.22 COP 53.0K
-
-
Cinema Ticket
$6.65 COP 20.5K
$4.49 LKR 1,477
48.11%
🧸 Childcare & Education
Medellin
Ragama
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$803 COP 2.5M
$38.72 LKR 12.7K
1974.77%
International Primary School, 1 Child (Yearly)
$9,190 COP 28.3M
$1,242 LKR 408.2K
639.70%
👕👟 Clothing & Footwear
Medellin
Ragama
Difference
Jeans (Levis 501 Or Similar)
$87.4 COP 268.8K
$20.02 LKR 6,577
336.36%
Summer Dress (H&M, Zara, etc)
$59.4 COP 182.7K
$16.51 LKR 5,424
259.60%
Sport Shoes (Adidas, Nike)
$139 COP 427.5K
$79.6 LKR 26.1K
74.62%
Men's Leather Business Shoes
$102 COP 314.0K
$41.71 LKR 13.7K
144.64%
🏠 Accommodation & Living
Medellin
Ragama
Difference
1-bedroom Apartment, City Center (Monthly)
$1,071 COP 3.3M
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$653 COP 2.0M
-
-
3-bedroom Apartment, City Center (Monthly)
$1,925 COP 5.9M
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$1,048 COP 3.2M
-
-
Buy Apartment in City Center (m2)
$4,123 COP 12.7M
-
-
Buy Apartment Outside City Center (m2)
$1,697 COP 5.2M
-
-
💵 Salaries & Financials
Medellin
Ragama
Difference
Average Monthly Net Salary (After Tax)
$655 COP 2.0M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
12.69
-13.79%

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

Last update for Medellin: September 7, 2026

Last update for Ragama: September 7, 2026

Cost Breakdown

A mid-range dinner for two costs $48.00 in Medellin versus $26.00 in Ragama. Monthly groceries follow the same trend: $300 vs $233 – making Ragama 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 Ragama: Cost of Living - Frequently Asked Questions
Is Ragama cheaper than Medellin?
Yes – Medellin is pricier by about 219%, and the gap shows up most in Clothing & Footwear. 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 $2,462 per month in Medellin and $773 in Ragama. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Is eating out cheaper in Medellin or in Ragama?
A mid-range dinner for two costs $48.00 in Medellin and $26.00 in Ragama. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Medellin and in Ragama?
Groceries cost about 29% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Medellin or in Ragama?
A $2,000 monthly budget goes further in Ragama, where all-in costs run around $515, than in Medellin at $1,641. In Ragama it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Ragama more family-friendly?
Families tend to lean toward Ragama – 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 Ragama. 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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