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 $1,013 per month in Medellin vs $164 in San Ignacio de Velasco, rent included.

A couple spends around $1,602 per month in Medellin vs $266 in San Ignacio de Velasco, rent included.

A family of three spends $2,192 per month in Medellin vs $368 in San Ignacio de Velasco, rent included.

Medellin costs about 518% 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 24% lower, San Ignacio de Velasco 88% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

Cappuccino

$1.71 COP 6,115

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

$1.10 COP 3,924

Water (0.33 liter bottle)

$0.78 COP 2,781

Local Beer (0.5 liter draught)

$1.68 COP 5,997

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

Milk (1 liter)

$1.09 COP 3,906

$0.70 BOB 4.78

55.71%

White Bread (500g)

$1.26 COP 4,508

$1.70 BOB 11.67

-25.88%

Rice (white) (1kg)

$1.38 COP 4,922

$0.75 BOB 5.15

84.00%

Eggs

$2.19 COP 7,827

$3.54 BOB 24.26

-38.14%

Local Cheese (1kg)

$4.40 COP 15.7K

$3.57 BOB 24.48

23.25%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$2.54 BOB 17.40

121.65%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$4.29 BOB 29.44

107.23%

Apples (1kg)

$2.34 COP 8,349

$2.87 BOB 19.68

-18.47%

Banana (1kg)

$1.06 COP 3,777

$2.19 BOB 15.03

-51.60%

Oranges (1kg)

$1.50 COP 5,374

$1.48 BOB 10.18

1.35%

Tomato (1kg)

$1.38 COP 4,924

$1.04 BOB 7.13

32.69%

Potato (1kg)

$1.15 COP 4,111

$1.46 BOB 10.04

-21.23%

Onion (1kg)

$1.16 COP 4,155

$0.75 BOB 5.15

54.67%

Lettuce (1 head)

$0.89 COP 3,182

$0.55 BOB 3.78

61.82%

Water (1.5 liter bottle)

$0.84 COP 2,997

$1.14 BOB 7.79

-26.32%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$1.75 BOB 12.02

30.29%

Wine (Bottle)

$10.64 COP 38.0K

$7.42 BOB 50.9

43.40%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$1.77 BOB 12.11

-32.20%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

One-way Ticket (Public Transport)

$0.86 COP 3,056

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

Gasoline (1 liter)

$0.95 COP 3,409

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

$18.1K COP 64.7M

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

$26.5K COP 94.6M

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

$82.3 COP 293.7K

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

$9.50 COP 33.9K

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

Gym Membership (Monthly)

$25.89 COP 92.4K

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

Cinema Ticket

$3.93 COP 14.0K

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

$309 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

Men's Leather Business Shoes

$108 COP 387.2K

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

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: May 31, 2026

Last update for San Ignacio de Velasco: June 1, 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 518%, 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 $1,519 per month in Medellin and $246 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 $1,013 in Medellin and $164 in San Ignacio de Velasco. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 17% 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 $164, than in Medellin at $1,013. 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.