Last update: Nov 2026

Cost of Living Comparison Between Medellin and San Ignacio de Velasco

For one person, living is cheaper in San Ignacio de Velasco: $111 a month against $1,692 in Medellin, rent and utilities included – about $19,000 less a year. Rent and utilities account for about half of the difference.

80

Cost of Living Index in Medellin
Learn more

Medellin Living Index

Jump to prices

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

San Ignacio de Velasco

🇧🇴 Bolivia

$111

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in San Ignacio de Velasco

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 San Ignacio de Velasco actually costs, broken down by who's living it.

A single person spends $1,692 per month in Medellin vs $111 in San Ignacio de Velasco, rent included.

Medellin $1,692
San Ignacio de Velasco $111

A couple spends around $2,471 per month in Medellin vs $181 in San Ignacio de Velasco, rent included.

Medellin $2,471
San Ignacio de Velasco $181

A family of three spends $3,249 per month in Medellin vs $252 in San Ignacio de Velasco, rent included.

Medellin $3,249
San Ignacio de Velasco $252

Medellin costs about 1430% more than San Ignacio de Velasco, and outside of rent the biggest gap is in groceries.

Medellin sits 25% 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

$8.34 COP 27.0K

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.7K

Cappuccino

$3.13 COP 10.2K

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

$1.77 COP 5,727

Water (0.33 liter bottle)

$1.42 COP 4,619

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

Imported Beer (0.33 liter bottle)

$5.70 COP 18.5K

Milk (1 liter)

$1.53 COP 4,969

$0.44 BOB 5.30

247.73%

White Bread (500g)

$2.29 COP 7,429

$2.56 BOB 30.79

-10.55%

Rice (white) (1kg)

$1.94 COP 6,306

$0.41 BOB 4.92

373.17%

Eggs

$3.07 COP 9,942

$2.04 BOB 24.63

50.49%

Local Cheese (1kg)

$9.99 COP 32.4K

$2.16 BOB 26.07

362.50%

Chicken Fillets (1kg)

$10.45 COP 33.9K

$1.49 BOB 17.97

601.34%

Beef Round Steak (1kg)

$13.96 COP 45.3K

$2.55 BOB 30.69

447.45%

Apples (1kg)

$4.05 COP 13.1K

$1.72 BOB 20.71

135.47%

Banana (1kg)

$1.53 COP 4,956

$1.28 BOB 15.48

19.53%

Oranges (1kg)

$2.10 COP 6,823

$0.81 BOB 9.78

159.26%

Tomato (1kg)

$2.29 COP 7,437

$0.60 BOB 7.28

281.67%

Potato (1kg)

$2.11 COP 6,839

$0.86 BOB 10.37

145.35%

Onion (1kg)

$1.71 COP 5,542

$0.43 BOB 5.18

297.67%

Lettuce (1 head)

$1.17 COP 3,794

$0.35 BOB 4.25

234.29%

Water (1.5 liter bottle)

$1.58 COP 5,123

$0.69 BOB 8.32

128.99%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.7K

$1.00 BOB 12.00

291.00%

Wine (Bottle)

$14.04 COP 45.5K

$4.27 BOB 51.5

228.81%

Local Beer (0.5 liter bottle)

$1.76 COP 5,712

$1.00 BOB 12.05

76.00%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,793

One-way Ticket (Public Transport)

$1.18 COP 3,825

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

Taxi Start (Normal Tariff)

$1.81 COP 5,859

Taxi (Normal Tariff) (1km)

$2.13 COP 6,904

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

Gasoline (1 liter)

$1.28 COP 4,135

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

$34.4K COP 111.7M

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

$34.1K COP 110.7M

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

$178 COP 576.3K

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

$13.89 COP 45.0K

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.7K

Gym Membership (Monthly)

$41.94 COP 136.0K

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

Cinema Ticket

$7.47 COP 24.2K

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

$790 COP 2.6M

International Primary School, 1 Child (Yearly)

$12.3K COP 39.9M

Jeans (Levis 501 Or Similar)

$86.3 COP 279.9K

Summer Dress (H&M, Zara, etc)

$59.3 COP 192.2K

Sport Shoes (Adidas, Nike)

$138 COP 448.6K

Men's Leather Business Shoes

$98.8 COP 320.4K

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

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: November 2, 2026

Last update for San Ignacio de Velasco: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

San Ignacio de Velasco

–

Groceries & Markets

Medellin

$307 18.2%

San Ignacio de Velasco

–

Monthly Utilities & Internet

Medellin

$222 13.1%

San Ignacio de Velasco

–

Eating Out

Medellin

$173 10.2%

San Ignacio de Velasco

–

Clothing & Footwear

Medellin

$172 10.2%

San Ignacio de Velasco

–

Getting Around

Medellin

$93 5.5%

San Ignacio de Velasco

–

Sport & Entertainment

Medellin

$57 3.4%

San Ignacio de Velasco

–

Good to know

🇨🇴 Medellin

🇧🇴 San Ignacio de Velasco

🕒 Local time

08:02 8:02 AM

09:02 9:02 AM

1 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

31,594

💱 Currency

Colombian Peso COP $

Bolivian Boliviano BOB Bs.

📈 Exchange rate

10,000 COP = 3.08 USD

10,000 COP = 2.75 EUR

100 BOB = 8.3 USD

100 BOB = 7.4 EUR

Exchange rates and currency converter

BOB, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,242 COP (10,000 COP = 3.08 USD). 1 EUR = 3,635 COP (10,000 COP = 2.75 EUR).

Bolivian Boliviano exchange rates as of November 4, 2026: 1 USD = 12.05 BOB (100 BOB = 8.3 USD). 1 EUR = 13.51 BOB (100 BOB = 7.4 EUR).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin San Ignacio de Velasco 2,990 km ≈ 4 h 15 min nonstop flight

From you

Medellin
San Ignacio de Velasco

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

Yes – Medellin is pricier by about 1430%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,538 per month in Medellin and $166 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 $1,692 in Medellin and $111 in San Ignacio de Velasco. That makes San Ignacio de Velasco about 93% cheaper.

Groceries cost about 178% more in Medellin, though the gap depends on what you buy.

A $1,000 monthly budget goes further in San Ignacio de Velasco, where all-in costs run around $111, than in Medellin at $1,692. In San Ignacio de Velasco it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $111 in San Ignacio de Velasco to $1,692 in Medellin. Climate, culture, job market, and personal taste all factor in.