Cost of Living Comparison Between Medellin and Segovia Cost of Living Comparison Between Medellin and Segovia

Monthly Cost of Living

A single person spends $1,589 per month in Medellin vs $1,576 in Segovia, rent included.

A couple spends around $2,364 per month in Medellin vs $2,310 in Segovia, rent included.

A family of three spends $3,139 per month in Medellin vs $3,044 in Segovia, rent included.

Medellin costs about 1% more than Segovia, driven mainly by Getting Around.

Both Medellin and Segovia sit above the global median – Medellin by 19%, Segovia by 18%.

Currency
🍽 Eating Out
Medellin
Segovia
Difference
Meal at Budget Restaurant
$8.01 COP 25.9K
$16.73 €14.94
-52.12%
Three-Course Dinner for Two, Mid-Range
$46.55 COP 150.8K
$46.75 €41.73
-0.43%
Fast Food Meal (McDonalds, etc)
$9.43 COP 30.6K
$11.07 €9.88
-14.81%
Cappuccino
$2.91 COP 9,432
$2.03 €1.81
43.35%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.75 COP 5,678
$2.50 €2.23
-30.00%
Water (0.33 liter bottle)
$1.32 COP 4,289
$1.90 €1.69
-30.53%
Local Beer (0.5 liter draught)
$3.13 COP 10.1K
$3.34 €2.98
-6.29%
Imported Beer (0.33 liter bottle)
$5.55 COP 18.0K
$3.27 €2.92
69.72%
🛒 Groceries & Markets
Medellin
Segovia
Difference
Milk (1 liter)
$1.41 COP 4,570
$1.15 €1.02
22.61%
White Bread (500g)
$2.44 COP 7,907
$1.02 €0.91
139.22%
Rice (white) (1kg)
$1.63 COP 5,278
$1.58 €1.41
3.16%
Eggs
$2.82 COP 9,140
$2.94 €2.63
-4.08%
Local Cheese (1kg)
$9.69 COP 31.4K
$15.60 €13.93
-37.88%
Chicken Fillets (1kg)
$9.32 COP 30.2K
$10.94 €9.77
-14.81%
Beef Round Steak (1kg)
$13.46 COP 43.6K
$22.10 €19.73
-39.10%
Apples (1kg)
$4.00 COP 13.0K
$2.71 €2.42
47.60%
Banana (1kg)
$1.48 COP 4,797
$2.28 €2.04
-35.09%
Oranges (1kg)
$2.12 COP 6,881
$2.27 €2.03
-6.61%
Tomato (1kg)
$2.25 COP 7,298
$2.27 €2.02
-0.88%
Potato (1kg)
$1.91 COP 6,193
$2.13 €1.90
-10.33%
Onion (1kg)
$1.62 COP 5,247
$2.04 €1.82
-20.59%
Lettuce (1 head)
$1.15 COP 3,719
$1.64 €1.46
-29.88%
Water (1.5 liter bottle)
$1.26 COP 4,088
$0.59 €0.53
113.56%
Cigarettes 20 Pack (Marlboro, Camel)
$3.82 COP 12.4K
$6.34 €5.66
-39.75%
Wine (Bottle)
$13.11 COP 42.5K
$6.89 €6.15
90.28%
Local Beer (0.5 liter bottle)
$1.60 COP 5,168
$1.07 €0.95
49.53%
Imported Beer (0.33 liter bottle)
$2.26 COP 7,308
$1.63 €1.45
38.65%
🚌 Getting Around
Medellin
Segovia
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,793
$1.10 €0.98
6.36%
Public Transport Monthly Pass (Regular Price)
$75.0 COP 243.0K
-
-
Taxi Start (Normal Tariff)
$1.27 COP 4,123
$4.52 €4.03
-71.90%
Taxi (Normal Tariff) (1km)
$2.05 COP 6,640
$2.27 €2.03
-9.69%
Taxi 1hour Waiting (Normal Tariff)
$8.20 COP 26.6K
$22.87 €20.42
-64.15%
Gasoline (1 liter)
$1.27 COP 4,113
$1.82 €1.63
-30.22%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.8K COP 86.7M
$35.6K €31.8K
-24.80%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.4K COP 111.5M
$29.1K €26.0K
18.28%
🧾 Monthly Utilities & Internet
Medellin
Segovia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$162 COP 525.5K
$115 €103
40.89%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.12 COP 42.5K
$20.25 €18.08
-35.21%
Internet (50+ Mbps, Unlimited Data)
$28.09 COP 91.0K
$28.43 €25.38
-1.20%
🎉 Sport & Entertainment
Medellin
Segovia
Difference
Gym Membership (Monthly)
$44.33 COP 143.6K
$38.51 €34.37
15.11%
Tennis Court (1 Hour on Weekend)
$16.33 COP 52.9K
$24.73 €22.07
-33.97%
Cinema Ticket
$6.09 COP 19.7K
$7.26 €6.48
-16.12%
🧸 Childcare & Education
Medellin
Segovia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$764 COP 2.5M
$176 €157
333.98%
International Primary School, 1 Child (Yearly)
$8,904 COP 28.8M
$5,997 €5,353
48.48%
👕👟 Clothing & Footwear
Medellin
Segovia
Difference
Jeans (Levis 501 Or Similar)
$85.0 COP 275.3K
$73.7 €65.8
15.24%
Summer Dress (H&M, Zara, etc)
$57.5 COP 186.2K
$36.44 €32.52
57.77%
Sport Shoes (Adidas, Nike)
$132 COP 426.9K
$78.6 €70.2
67.59%
Men's Leather Business Shoes
$95.8 COP 310.2K
$77.5 €69.1
23.61%
🏠 Accommodation & Living
Medellin
Segovia
Difference
1-bedroom Apartment, City Center (Monthly)
$1,028 COP 3.3M
$1,027 €917
0.11%
1-bedroom Apartment, Outside City Center (Monthly)
$604 COP 2.0M
$698 €623
-13.35%
3-bedroom Apartment, City Center (Monthly)
$1,802 COP 5.8M
$1,601 €1,429
12.56%
3-bedroom Apartment, Outside City Center (Monthly)
$993 COP 3.2M
$968 €864
2.48%
Buy Apartment in City Center (m2)
$3,921 COP 12.7M
$4,570 €4,079
-14.21%
Buy Apartment Outside City Center (m2)
$1,639 COP 5.3M
$2,231 €1,991
-26.54%
💵 Salaries & Financials
Medellin
Segovia
Difference
Average Monthly Net Salary (After Tax)
$626 COP 2.0M
$1,765 €1,576
-64.53%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
3.08
255.19%

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

Last update for Medellin: October 6, 2026

Last update for Segovia: October 4, 2026

Cost Breakdown

A central one-bedroom costs $1,028 in Medellin versus $1,027 in Segovia. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 182% higher in Segovia, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $47.00 in Medellin versus $47.00 in Segovia. Monthly groceries follow the same trend: $288 vs $302 – making Medellin the more affordable choice for daily food spending.

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 Segovia: Cost of Living - Frequently Asked Questions
Is Segovia cheaper than Medellin?
Yes – Medellin is pricier by about 1%, 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 $2,384 per month in Medellin and $2,365 in Segovia. 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 Segovia, 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 Segovia?
A mid-range dinner for two costs $47.00 in Medellin and $47.00 in Segovia. 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 Segovia?
Interestingly, groceries are about 5% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $1,000 a realistic budget for living in Medellin or in Segovia?
A $1,000 monthly budget goes further in Segovia, where all-in costs run around $1,576, than in Medellin at $1,589. In Segovia it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Segovia more family-friendly?
Families tend to lean toward Segovia – 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 Segovia?
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 Segovia. 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