Last update: Oct 2026

Cost of Living Comparison Between Medellin and Ramsey

For one person, living is cheaper in Ramsey: $1,410 a month against $1,639 in Medellin, rent and utilities included – about $2,700 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

79

Cost of Living Index in Medellin
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Medellin Living Index
68

Cost of Living Index in Ramsey
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Ramsey Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Ramsey

🇮🇲 Isle of Man

$1,410

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Ramsey

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 Ramsey actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,410 in Ramsey, rent included.

Medellin $1,639
Ramsey $1,410

A couple spends around $2,413 per month in Medellin vs $2,283 in Ramsey, rent included.

Medellin $2,413
Ramsey $2,283

A family of three spends $3,186 per month in Medellin vs $3,156 in Ramsey, rent included.

Medellin $3,186
Ramsey $3,156

Medellin costs about 16% more than Ramsey, and outside of rent the biggest gap is in transport.

Both Medellin and Ramsey sit above the global median – Medellin by 20%, Ramsey by 4%.

Meal at Budget Restaurant

$8.09 COP 26.1K

$27.84 IMP 20.80

-70.94%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$121 IMP 90.2

-61.01%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$12.16 IMP 9.09

-21.88%

Cappuccino

$3.01 COP 9,735

$4.99 IMP 3.73

-39.68%

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

$1.80 COP 5,809

$2.65 IMP 1.98

-32.08%

Water (0.33 liter bottle)

$1.41 COP 4,561

$2.11 IMP 1.58

-33.18%

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

$6.75 IMP 5.05

-52.89%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$6.17 IMP 4.61

-6.81%

Milk (1 liter)

$1.51 COP 4,876

$1.95 IMP 1.46

-22.56%

White Bread (500g)

$2.38 COP 7,678

$2.45 IMP 1.83

-2.86%

Rice (white) (1kg)

$1.77 COP 5,720

$1.34 IMP 1.00

32.09%

Eggs

$2.89 COP 9,333

$5.36 IMP 4.01

-46.08%

Local Cheese (1kg)

$10.19 COP 32.9K

$7.93 IMP 5.92

28.50%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$8.46 IMP 6.32

16.67%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$12.65 IMP 9.45

10.59%

Apples (1kg)

$3.97 COP 12.8K

$3.00 IMP 2.24

32.33%

Banana (1kg)

$1.55 COP 5,012

$1.86 IMP 1.39

-16.67%

Oranges (1kg)

$2.18 COP 7,048

$3.93 IMP 2.93

-44.53%

Tomato (1kg)

$2.18 COP 7,051

$3.65 IMP 2.72

-40.27%

Potato (1kg)

$1.96 COP 6,337

$3.07 IMP 2.29

-36.16%

Onion (1kg)

$1.59 COP 5,132

$3.07 IMP 2.29

-48.21%

Lettuce (1 head)

$1.15 COP 3,699

$2.06 IMP 1.54

-44.17%

Water (1.5 liter bottle)

$1.24 COP 4,014

$2.75 IMP 2.05

-54.91%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$22.26 IMP 16.63

-82.21%

Wine (Bottle)

$13.68 COP 44.2K

$12.01 IMP 8.97

13.91%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$4.39 IMP 3.28

-62.19%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,291

$4.23 IMP 3.16

-46.57%

One-way Ticket (Public Transport)

$1.17 COP 3,771

$2.61 IMP 1.95

-55.17%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

Taxi Start (Normal Tariff)

$1.27 COP 4,094

$5.16 IMP 3.86

-75.39%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,612

$1.45 IMP 1.08

41.38%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$79.1 IMP 59.1

-89.20%

Gasoline (1 liter)

$1.35 COP 4,349

$1.93 IMP 1.44

-30.05%

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

$34.1K COP 110.0M

$43.3K IMP 32.4K

-21.35%

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

$34.7K COP 111.9M

$44.2K IMP 33.0K

-21.52%

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

$170 COP 547.8K

$346 IMP 258

-50.94%

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

$13.55 COP 43.8K

$61.3 IMP 45.76

-77.88%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$72.1 IMP 53.9

-61.08%

Gym Membership (Monthly)

$43.70 COP 141.1K

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

Cinema Ticket

$6.91 COP 22.3K

$15.76 IMP 11.77

-56.15%

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

$797 COP 2.6M

$1,752 IMP 1,308

-54.52%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$52.4K IMP 39.1K

-82.61%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

$98.9 IMP 73.9

-14.36%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.2K

$44.72 IMP 33.41

29.61%

Sport Shoes (Adidas, Nike)

$135 COP 435.8K

$110 IMP 82.5

22.17%

Men's Leather Business Shoes

$97.9 COP 316.0K

$71.2 IMP 53.2

37.38%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.76

129.83%

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

Last update for Medellin: October 25, 2026

Last update for Ramsey: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Ramsey

- * 0% 100%

Groceries & Markets

Medellin

$297 18.1%

Ramsey

$346 24.5% 16.5% $49

Monthly Utilities & Internet

Medellin

$211 12.9%

Ramsey

$479 34% 127% $268

Eating Out

Medellin

$170 10.4%

Ramsey

$384 27.3% 127% $215

Clothing & Footwear

Medellin

$169 10.3%

Ramsey

$146 10.4% 13.4% $23

Getting Around

Medellin

$94 5.7%

Ramsey

$23 * 1.6% 75.6% $71

Sport & Entertainment

Medellin

$58 3.5%

Ramsey

$32 * 2.2% 45.2% $26

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $47 in Medellin versus $121 in Ramsey. Monthly groceries follow the same trend: $297 vs $346 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇮🇲 Ramsey

🕒 Local time

05:40 5:40 AM

10:40 10:40 AM

5 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

7,800

💱 Currency

Colombian Peso COP $

Isle of Man Pound IMP £

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1 IMP = 1.34 USD

1 IMP = 1.2 EUR

Exchange rates and currency converter

IMP, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

Isle of Man Pound exchange rates as of November 2, 2026: 1 USD = 0.747 IMP (1 IMP = 1.34 USD). 1 EUR = 0.834 IMP (1 IMP = 1.2 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Ramsey 8,230 km ≈ 11 h nonstop flight

From you

Medellin
Ramsey

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 Ramsey: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 16%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,459 per month in Medellin and $2,115 in Ramsey. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $47 in Medellin and $121 in Ramsey. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 14% cheaper in Medellin – one category where the pricier city actually offers better value.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,410 in Ramsey to $1,639 in Medellin. Climate, culture, job market, and personal taste all factor in.