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 $1,681 per month in Medellin vs $107 in San Ignacio de Velasco, rent included.

A couple spends around $2,445 per month in Medellin vs $176 in San Ignacio de Velasco, rent included.

A family of three spends $3,210 per month in Medellin vs $246 in San Ignacio de Velasco, rent included.

Medellin costs about 1470% more than San Ignacio de Velasco, driven mainly by Groceries & Markets.

Medellin sits 23% above the global median, while San Ignacio de Velasco is 92% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.02 COP 25.4K

Three-Course Dinner for Two, Mid-Range

$47.87 COP 152.0K

Fast Food Meal (McDonalds, etc)

$9.89 COP 31.4K

Cappuccino

$3.13 COP 9,937

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

$1.91 COP 6,058

Water (0.33 liter bottle)

$1.51 COP 4,794

Local Beer (0.5 liter draught)

$3.12 COP 9,917

Imported Beer (0.33 liter bottle)

$5.75 COP 18.3K

Milk (1 liter)

$1.44 COP 4,587

$0.43 BOB 4.23

234.88%

White Bread (500g)

$2.49 COP 7,894

$2.51 BOB 24.95

-0.80%

Rice (white) (1kg)

$1.77 COP 5,631

$0.40 BOB 3.93

342.50%

Eggs

$2.96 COP 9,396

$1.97 BOB 19.63

50.25%

Local Cheese (1kg)

$10.07 COP 32.0K

$2.02 BOB 20.06

398.51%

Chicken Fillets (1kg)

$10.12 COP 32.1K

$1.46 BOB 14.52

593.15%

Beef Round Steak (1kg)

$14.30 COP 45.4K

$2.54 BOB 25.26

462.99%

Apples (1kg)

$4.14 COP 13.1K

$1.62 BOB 16.14

155.56%

Banana (1kg)

$1.61 COP 5,106

$1.27 BOB 12.63

26.77%

Oranges (1kg)

$2.25 COP 7,129

$0.80 BOB 7.92

181.25%

Tomato (1kg)

$2.25 COP 7,150

$0.56 BOB 5.60

301.79%

Potato (1kg)

$2.04 COP 6,486

$0.86 BOB 8.60

137.21%

Onion (1kg)

$1.54 COP 4,873

$0.40 BOB 3.95

285.00%

Lettuce (1 head)

$1.17 COP 3,715

$0.32 BOB 3.18

265.62%

Water (1.5 liter bottle)

$1.31 COP 4,148

$0.68 BOB 6.76

92.65%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.4K

$1.03 BOB 10.24

278.64%

Wine (Bottle)

$14.01 COP 44.5K

$4.10 BOB 40.76

241.71%

Local Beer (0.5 liter bottle)

$1.74 COP 5,534

$1.03 BOB 10.21

68.93%

Imported Beer (0.33 liter bottle)

$2.87 COP 9,112

One-way Ticket (Public Transport)

$1.22 COP 3,858

Public Transport Monthly Pass (Regular Price)

$80.5 COP 255.5K

Taxi Start (Normal Tariff)

$1.31 COP 4,155

Taxi (Normal Tariff) (1km)

$2.19 COP 6,944

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.7K

Gasoline (1 liter)

$1.37 COP 4,334

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

$27.8K COP 88.4M

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

$35.8K COP 113.6M

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

$177 COP 562.9K

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

$13.88 COP 44.1K

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 94.4K

Gym Membership (Monthly)

$44.88 COP 142.5K

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.4K

Cinema Ticket

$6.65 COP 21.1K

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

$813 COP 2.6M

International Primary School, 1 Child (Yearly)

$9,187 COP 29.2M

Jeans (Levis 501 Or Similar)

$89.5 COP 284.1K

Summer Dress (H&M, Zara, etc)

$59.0 COP 187.2K

Sport Shoes (Adidas, Nike)

$138 COP 438.8K

Men's Leather Business Shoes

$102 COP 324.2K

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.4M

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 6.0M

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.3M

Buy Apartment in City Center (m2)

$4,183 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

Average Monthly Net Salary (After Tax)

$678 COP 2.2M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Medellin: September 14, 2026

Last update for San Ignacio de Velasco: September 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 1470%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,521 per month in Medellin and $161 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 $1,681 in Medellin and $107 in San Ignacio de Velasco. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 183% 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 $107, than in Medellin at $1,681. 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.