Cost of Living Comparison Between Medellin and Río Tercero Cost of Living Comparison Between Medellin and Río Tercero

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $1,340 in Río Tercero, rent included.

A couple spends around $2,527 per month in Medellin vs $2,172 in Río Tercero, rent included.

A family of three spends $3,338 per month in Medellin vs $3,003 in Río Tercero, rent included.

Medellin costs about 28% more than Río Tercero, driven mainly by Getting Around.

Medellin sits 25% above the global median, while Río Tercero is 2% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Río Tercero
Difference
Meal at Budget Restaurant
$8.03 COP 25.2K
$13.83 ARS 20.9K
-41.94%
Three-Course Dinner for Two, Mid-Range
$48.26 COP 151.7K
$54.8 ARS 82.7K
-11.97%
Fast Food Meal (McDonalds, etc)
$9.77 COP 30.7K
$13.17 ARS 19.9K
-25.82%
Cappuccino
$2.91 COP 9,149
$3.56 ARS 5,363
-18.26%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.94 COP 6,110
$2.60 ARS 3,917
-25.38%
Water (0.33 liter bottle)
$1.52 COP 4,783
$2.08 ARS 3,135
-26.92%
Local Beer (0.5 liter draught)
$3.09 COP 9,721
$3.34 ARS 5,043
-7.49%
Imported Beer (0.33 liter bottle)
$5.74 COP 18.1K
$3.71 ARS 5,603
54.72%
🛒 Groceries & Markets
Medellin
Río Tercero
Difference
Milk (1 liter)
$1.36 COP 4,287
$1.70 ARS 2,560
-20.00%
White Bread (500g)
$2.39 COP 7,505
$2.84 ARS 4,278
-15.85%
Rice (white) (1kg)
$1.70 COP 5,346
$2.04 ARS 3,071
-16.67%
Eggs
$2.87 COP 9,021
$2.38 ARS 3,592
20.59%
Local Cheese (1kg)
$9.94 COP 31.2K
$10.22 ARS 15.4K
-2.74%
Chicken Fillets (1kg)
$10.78 COP 33.9K
$7.91 ARS 11.9K
36.28%
Beef Round Steak (1kg)
$14.73 COP 46.3K
$11.52 ARS 17.4K
27.86%
Apples (1kg)
$4.09 COP 12.8K
$2.49 ARS 3,763
64.26%
Banana (1kg)
$1.57 COP 4,940
$2.19 ARS 3,309
-28.31%
Oranges (1kg)
$2.13 COP 6,682
$1.66 ARS 2,502
28.31%
Tomato (1kg)
$2.21 COP 6,959
$2.84 ARS 4,283
-22.18%
Potato (1kg)
$2.05 COP 6,435
$1.19 ARS 1,789
72.27%
Onion (1kg)
$1.50 COP 4,728
$1.31 ARS 1,969
14.50%
Lettuce (1 head)
$1.19 COP 3,740
$1.26 ARS 1,893
-5.56%
Water (1.5 liter bottle)
$1.16 COP 3,640
$1.66 ARS 2,502
-30.12%
Cigarettes 20 Pack (Marlboro, Camel)
$3.90 COP 12.2K
$4.99 ARS 7,520
-21.84%
Wine (Bottle)
$14.44 COP 45.4K
$4.97 ARS 7,494
190.54%
Local Beer (0.5 liter bottle)
$1.58 COP 4,978
$2.29 ARS 3,450
-31.00%
Imported Beer (0.33 liter bottle)
$2.83 COP 8,889
$3.72 ARS 5,614
-23.92%
🚌 Getting Around
Medellin
Río Tercero
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,672
$1.00 ARS 1,508
17.00%
Public Transport Monthly Pass (Regular Price)
$77.7 COP 244.3K
-
-
Taxi Start (Normal Tariff)
$1.28 COP 4,038
$1.23 ARS 1,850
4.07%
Taxi (Normal Tariff) (1km)
$2.09 COP 6,576
$1.98 ARS 2,993
5.56%
Taxi 1hour Waiting (Normal Tariff)
$8.62 COP 27.1K
$6.84 ARS 10.3K
26.02%
Gasoline (1 liter)
$1.30 COP 4,080
$1.15 ARS 1,735
13.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.7K COP 86.9M
$34.5K ARS 52.1M
-19.92%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.5K COP 111.6M
$35.5K ARS 53.6M
-0.06%
🧾 Monthly Utilities & Internet
Medellin
Río Tercero
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$176 COP 553.4K
$158 ARS 238.0K
11.60%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.37 COP 42.0K
$17.24 ARS 26.0K
-22.45%
Internet (50+ Mbps, Unlimited Data)
$29.89 COP 94.0K
$33.03 ARS 49.8K
-9.51%
🎉 Sport & Entertainment
Medellin
Río Tercero
Difference
Gym Membership (Monthly)
$44.76 COP 140.7K
$29.54 ARS 44.6K
51.52%
Tennis Court (1 Hour on Weekend)
$17.06 COP 53.6K
-
-
Cinema Ticket
$6.20 COP 19.5K
$10.15 ARS 15.3K
-38.92%
🧸 Childcare & Education
Medellin
Río Tercero
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$793 COP 2.5M
$215 ARS 324.1K
269.21%
International Primary School, 1 Child (Yearly)
$9,019 COP 28.4M
$4,104 ARS 6.2M
119.76%
👕👟 Clothing & Footwear
Medellin
Río Tercero
Difference
Jeans (Levis 501 Or Similar)
$85.6 COP 269.1K
$126 ARS 189.5K
-31.86%
Summer Dress (H&M, Zara, etc)
$58.5 COP 183.8K
$105 ARS 158.0K
-44.18%
Sport Shoes (Adidas, Nike)
$136 COP 428.4K
$138 ARS 208.8K
-1.56%
Men's Leather Business Shoes
$103 COP 324.1K
$134 ARS 201.9K
-22.97%
🏠 Accommodation & Living
Medellin
Río Tercero
Difference
1-bedroom Apartment, City Center (Monthly)
$1,060 COP 3.3M
$497 ARS 750.1K
113.07%
1-bedroom Apartment, Outside City Center (Monthly)
$680 COP 2.1M
$334 ARS 503.2K
103.68%
3-bedroom Apartment, City Center (Monthly)
$2,012 COP 6.3M
$1,109 ARS 1.7M
81.50%
3-bedroom Apartment, Outside City Center (Monthly)
$1,169 COP 3.7M
$693 ARS 1.0M
68.69%
Buy Apartment in City Center (m2)
$4,111 COP 12.9M
$2,139 ARS 3.2M
92.20%
Buy Apartment Outside City Center (m2)
$1,701 COP 5.3M
-
-
💵 Salaries & Financials
Medellin
Río Tercero
Difference
Average Monthly Net Salary (After Tax)
$665 COP 2.1M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
48.5
-77.44%

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

Last update for Medellin: August 30, 2026

Last update for Río Tercero: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $497 in Río Tercero. 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 $48.00 in Medellin versus $55.0 in Río Tercero. Groceries tell a different story – $303 in Medellin vs $274 in Río Tercero – so Río Tercero wins on supermarket bills even if dining out costs more.

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 Río Tercero: Cost of Living - Frequently Asked Questions
Is Río Tercero cheaper than Medellin?
Yes – Medellin is pricier by about 28%, 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 $2,574 per month in Medellin and $2,010 in Río Tercero. 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 Río Tercero, 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 in Río Tercero?
A mid-range dinner for two costs $48.00 in Medellin and $55.0 in Río Tercero. 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 Río Tercero?
Groceries cost about 11% 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 $1,500 a realistic budget for living in Medellin or in Río Tercero?
A $1,500 monthly budget goes further in Río Tercero, where all-in costs run around $1,340, than in Medellin at $1,716. In Río Tercero it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Río Tercero more family-friendly?
Families tend to lean toward Río Tercero – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Medellin or Río Tercero?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Río Tercero. 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.

Medellin vs other spots: cost of living compared

Similar cities