Cost of Living Comparison Between Medellin and Takoradi Cost of Living Comparison Between Medellin and Takoradi

Monthly Cost of Living

A single person spends $1,028 per month in Medellin vs $483 in Takoradi, rent included.

A couple spends around $1,586 per month in Medellin vs $833 in Takoradi, rent included.

A family of three spends $2,144 per month in Medellin vs $1,184 in Takoradi, rent included.

Medellin costs about 113% more than Takoradi, driven mainly by Clothing & Footwear.

Both Medellin and Takoradi are more affordable than the global median – Medellin 23% lower, Takoradi 64% lower.

Meal at Budget Restaurant

$6.00 COP 20.6K

$4.37 GHS 48.74

37.30%

Three-Course Dinner for Two, Mid-Range

$32.84 COP 112.5K

$46.84 GHS 522

-29.89%

Fast Food Meal (McDonalds, etc)

$7.42 COP 25.4K

$7.77 GHS 86.6

-4.50%

Cappuccino

$1.65 COP 5,659

$3.43 GHS 38.20

-51.90%

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

$1.07 COP 3,663

$0.98 GHS 10.96

9.18%

Water (0.33 liter bottle)

$0.76 COP 2,607

$0.38 GHS 4.21

100.00%

Local Beer (0.5 liter draught)

$1.72 COP 5,908

$1.50 GHS 16.75

14.67%

Imported Beer (0.33 liter bottle)

$3.20 COP 11.0K

$2.55 GHS 28.40

25.49%

Milk (1 liter)

$1.05 COP 3,597

$1.60 GHS 17.87

-34.38%

White Bread (500g)

$1.31 COP 4,479

$1.14 GHS 12.74

14.91%

Rice (white) (1kg)

$1.34 COP 4,591

$1.90 GHS 21.19

-29.47%

Eggs

$2.19 COP 7,521

$2.38 GHS 26.49

-7.98%

Local Cheese (1kg)

$4.41 COP 15.1K

$11.10 GHS 124

-60.27%

Chicken Fillets (1kg)

$5.69 COP 19.5K

$4.59 GHS 51.2

23.97%

Beef Round Steak (1kg)

$8.52 COP 29.2K

$2.94 GHS 32.80

189.80%

Apples (1kg)

$2.34 COP 8,023

$2.65 GHS 29.49

-11.70%

Banana (1kg)

$1.11 COP 3,804

$0.99 GHS 11.02

12.12%

Oranges (1kg)

$1.52 COP 5,210

$1.19 GHS 13.29

27.73%

Tomato (1kg)

$1.37 COP 4,680

$1.91 GHS 21.34

-28.27%

Potato (1kg)

$1.15 COP 3,950

$2.62 GHS 29.17

-56.11%

Onion (1kg)

$1.18 COP 4,043

$2.11 GHS 23.55

-44.08%

Lettuce (1 head)

$0.84 COP 2,885

$0.75 GHS 8.36

12.00%

Water (1.5 liter bottle)

$0.86 COP 2,931

$0.28 GHS 3.08

207.14%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 7,753

$1.59 GHS 17.69

42.14%

Wine (Bottle)

$11.60 COP 39.8K

$7.51 GHS 83.8

54.46%

Local Beer (0.5 liter bottle)

$1.20 COP 4,109

$0.33 GHS 3.64

263.64%

Imported Beer (0.33 liter bottle)

$2.48 COP 8,484

$1.94 GHS 21.66

27.84%

One-way Ticket (Public Transport)

$0.79 COP 2,721

Public Transport Monthly Pass (Regular Price)

$40.83 COP 139.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,023

$1.61 GHS 17.94

-8.70%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,568

$1.22 GHS 13.57

57.38%

Taxi 1hour Waiting (Normal Tariff)

$7.77 COP 26.6K

$5.65 GHS 63.0

37.52%

Gasoline (1 liter)

$1.01 COP 3,464

$1.07 GHS 11.94

-5.61%

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

$17.7K COP 60.5M

$7,996 GHS 89.2K

120.84%

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

$26.5K COP 90.7M

$9,690 GHS 108.0K

173.02%

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

$81.1 COP 277.9K

$54.9 GHS 612

47.67%

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

$9.43 COP 32.3K

$12.97 GHS 145

-27.29%

Internet (50+ Mbps, Unlimited Data)

$23.86 COP 81.8K

$37.59 GHS 419

-36.53%

Gym Membership (Monthly)

$25.99 COP 89.1K

Tennis Court (1 Hour on Weekend)

$18.71 COP 64.1K

Cinema Ticket

$4.09 COP 14.0K

$9.54 GHS 106

-57.13%

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

$315 COP 1.1M

$73.2 GHS 816

329.95%

International Primary School, 1 Child (Yearly)

$6,022 COP 20.6M

$7,997 GHS 89.2K

-24.70%

Jeans (Levis 501 Or Similar)

$59.7 COP 204.6K

$14.86 GHS 166

301.75%

Summer Dress (H&M, Zara, etc)

$31.97 COP 109.6K

$18.77 GHS 209

70.32%

Sport Shoes (Adidas, Nike)

$101 COP 346.9K

$28.90 GHS 322

250.24%

Men's Leather Business Shoes

$105 COP 360.3K

$41.57 GHS 463

152.85%

1-bedroom Apartment, City Center (Monthly)

$485 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$365 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$827 COP 2.8M

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.5M

Buy Apartment in City Center (m2)

$2,992 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,314 COP 4.5M

Average Monthly Net Salary (After Tax)

$551 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

25.4

-47.13%

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

Last update for Medellin: June 15, 2026

Last update for Takoradi: June 15, 2026

Cost Breakdown

A mid-range dinner for two costs $33.00 in Medellin versus $47.00 in Takoradi. Groceries tell a different story – $190 in Medellin vs $182 in Takoradi – so Takoradi wins on supermarket bills even if dining out costs more.

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 Takoradi: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 113%, 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 $1,542 per month in Medellin and $724 in Takoradi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $33.00 in Medellin and $47.00 in Takoradi. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 4% 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 Takoradi, where all-in costs run around $483, than in Medellin at $1,028. In Takoradi it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

If budget matters most, go with Takoradi. 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.