Cost of Living Comparison Between Medellin and San Ignacio de Velasco Cost of Living Comparison Between Medellin and San Ignacio de Velasco

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $160 in San Ignacio de Velasco, rent included.

A couple spends around $1,599 per month in Medellin vs $266 in San Ignacio de Velasco, rent included.

A family of three spends $2,167 per month in Medellin vs $372 in San Ignacio de Velasco, rent included.

Medellin costs about 543% more than San Ignacio de Velasco, driven mainly by Clothing & Footwear.

Both Medellin and San Ignacio de Velasco are more affordable than the global median – Medellin 23% lower, San Ignacio de Velasco 88% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

Cappuccino

$1.72 COP 5,599

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

$1.05 COP 3,420

Water (0.33 liter bottle)

$0.77 COP 2,515

Local Beer (0.5 liter draught)

$1.69 COP 5,487

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

Milk (1 liter)

$1.05 COP 3,423

$0.75 BOB 8.08

40.00%

White Bread (500g)

$1.30 COP 4,236

$1.74 BOB 18.66

-25.29%

Rice (white) (1kg)

$1.40 COP 4,544

$0.76 BOB 8.19

84.21%

Eggs

$2.16 COP 7,046

$3.40 BOB 36.59

-36.47%

Local Cheese (1kg)

$4.39 COP 14.3K

$3.54 BOB 38.08

24.01%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$2.60 BOB 27.94

126.15%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$4.31 BOB 46.32

100.46%

Apples (1kg)

$2.28 COP 7,425

$2.92 BOB 31.41

-21.92%

Banana (1kg)

$1.11 COP 3,603

$2.21 BOB 23.74

-49.77%

Oranges (1kg)

$1.53 COP 4,982

$1.44 BOB 15.47

6.25%

Tomato (1kg)

$1.35 COP 4,410

$0.99 BOB 10.67

36.36%

Potato (1kg)

$1.13 COP 3,674

$1.49 BOB 16.02

-24.16%

Onion (1kg)

$1.13 COP 3,692

$0.71 BOB 7.66

59.15%

Lettuce (1 head)

$0.85 COP 2,753

$0.60 BOB 6.43

41.67%

Water (1.5 liter bottle)

$0.91 COP 2,975

$1.18 BOB 12.66

-22.88%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,629

$1.72 BOB 18.44

36.05%

Wine (Bottle)

$12.37 COP 40.3K

$7.17 BOB 77.1

72.52%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.78 BOB 19.10

-32.58%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

One-way Ticket (Public Transport)

$0.84 COP 2,727

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

Gasoline (1 liter)

$0.99 COP 3,223

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

$18.0K COP 58.7M

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

$26.6K COP 86.7M

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

$80.8 COP 263.1K

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

$9.95 COP 32.4K

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

Gym Membership (Monthly)

$25.08 COP 81.6K

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$3.98 COP 13.0K

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

$305 COP 993.4K

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

Men's Leather Business Shoes

$108 COP 350.8K

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: July 12, 2026

Last update for San Ignacio de Velasco: July 14, 2026

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 San Ignacio de Velasco: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 543%, 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 $1,546 per month in Medellin and $240 in San Ignacio de Velasco. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,031 in Medellin and $160 in San Ignacio de Velasco. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 19% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in San Ignacio de Velasco, where all-in costs run around $160, than in Medellin at $1,031. In San Ignacio de Velasco it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward San Ignacio de Velasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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.

If budget matters most, go with San Ignacio de Velasco. 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.