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

Monthly Cost of Living

A single person spends $1,687 per month in Medellin vs $605 in Takoradi, rent included.

A couple spends around $2,535 per month in Medellin vs $1,007 in Takoradi, rent included.

A family of three spends $3,383 per month in Medellin vs $1,410 in Takoradi, rent included.

Medellin costs about 179% more than Takoradi, driven mainly by Clothing & Footwear.

Medellin sits 23% above the global median, while Takoradi is 56% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Medellin
Takoradi
Difference
Meal at Budget Restaurant
$7.89 COP 24.2K
$8.37 GHS 92.1
-5.73%
Three-Course Dinner for Two, Mid-Range
$44.53 COP 136.5K
$53.9 GHS 592
-17.32%
Fast Food Meal (McDonalds, etc)
$9.29 COP 28.5K
$10.72 GHS 118
-13.34%
Cappuccino
$2.90 COP 8,874
$4.77 GHS 52.5
-39.20%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.81 COP 5,541
$1.59 GHS 17.52
13.84%
Water (0.33 liter bottle)
$1.55 COP 4,741
$0.49 GHS 5.40
216.33%
Local Beer (0.5 liter draught)
$3.25 COP 9,962
$1.85 GHS 20.40
75.68%
Imported Beer (0.33 liter bottle)
$5.88 COP 18.0K
$2.33 GHS 25.63
152.36%
🛒 Groceries & Markets
Medellin
Takoradi
Difference
Milk (1 liter)
$1.38 COP 4,230
$1.51 GHS 16.58
-8.61%
White Bread (500g)
$2.45 COP 7,517
$1.08 GHS 11.88
126.85%
Rice (white) (1kg)
$1.51 COP 4,617
$1.77 GHS 19.49
-14.69%
Eggs
$2.78 COP 8,516
$2.71 GHS 29.83
2.58%
Local Cheese (1kg)
$9.05 COP 27.7K
$12.64 GHS 139
-28.40%
Chicken Fillets (1kg)
$10.65 COP 32.6K
$5.07 GHS 55.7
110.06%
Beef Round Steak (1kg)
$14.63 COP 44.8K
$2.76 GHS 30.34
430.07%
Apples (1kg)
$3.97 COP 12.2K
$2.46 GHS 27.07
61.38%
Banana (1kg)
$1.38 COP 4,219
$0.93 GHS 10.22
48.39%
Oranges (1kg)
$2.30 COP 7,056
$1.14 GHS 12.56
101.75%
Tomato (1kg)
$2.02 COP 6,185
$1.84 GHS 20.27
9.78%
Potato (1kg)
$2.09 COP 6,390
$2.33 GHS 25.62
-10.30%
Onion (1kg)
$1.63 COP 4,996
$2.05 GHS 22.57
-20.49%
Lettuce (1 head)
$1.08 COP 3,313
$0.78 GHS 8.53
38.46%
Water (1.5 liter bottle)
$1.25 COP 3,843
$0.28 GHS 3.09
346.43%
Cigarettes 20 Pack (Marlboro, Camel)
$4.03 COP 12.4K
$2.75 GHS 30.27
46.55%
Wine (Bottle)
$13.47 COP 41.3K
$7.46 GHS 82.1
80.56%
Local Beer (0.5 liter bottle)
$1.60 COP 4,904
$0.31 GHS 3.39
416.13%
Imported Beer (0.33 liter bottle)
$3.00 COP 9,189
$2.39 GHS 26.27
25.52%
🚌 Getting Around
Medellin
Takoradi
Difference
One-way Ticket (Public Transport)
$1.18 COP 3,611
-
-
Public Transport Monthly Pass (Regular Price)
$79.9 COP 244.9K
-
-
Taxi Start (Normal Tariff)
$1.61 COP 4,920
$1.83 GHS 20.12
-12.02%
Taxi (Normal Tariff) (1km)
$2.13 COP 6,533
$1.40 GHS 15.35
52.14%
Taxi 1hour Waiting (Normal Tariff)
$8.52 COP 26.1K
$4.41 GHS 48.46
93.20%
Gasoline (1 liter)
$1.35 COP 4,142
$1.34 GHS 14.76
0.75%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$28.3K COP 86.8M
$7,781 GHS 85.6K
264.02%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.7K COP 109.4M
$10.2K GHS 112.6K
248.79%
🧾 Monthly Utilities & Internet
Medellin
Takoradi
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$151 COP 463.8K
$74.5 GHS 820
103.19%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.10 COP 40.1K
$19.88 GHS 219
-34.10%
Internet (50+ Mbps, Unlimited Data)
$32.30 COP 99.0K
$44.11 GHS 485
-26.77%
🎉 Sport & Entertainment
Medellin
Takoradi
Difference
Gym Membership (Monthly)
$46.33 COP 141.9K
-
-
Tennis Court (1 Hour on Weekend)
$17.26 COP 52.9K
-
-
Cinema Ticket
$6.43 COP 19.7K
$13.39 GHS 147
-51.98%
🧸 Childcare & Education
Medellin
Takoradi
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$835 COP 2.6M
$457 GHS 5,031
82.54%
International Primary School, 1 Child (Yearly)
$8,887 COP 27.2M
$18.4K GHS 202.5K
-51.73%
👕👟 Clothing & Footwear
Medellin
Takoradi
Difference
Jeans (Levis 501 Or Similar)
$89.3 COP 273.7K
$14.66 GHS 161
509.35%
Summer Dress (H&M, Zara, etc)
$55.3 COP 169.5K
$19.29 GHS 212
186.73%
Sport Shoes (Adidas, Nike)
$137 COP 418.5K
$38.09 GHS 419
258.57%
Men's Leather Business Shoes
$109 COP 335.1K
$54.4 GHS 598
101.16%
🏠 Accommodation & Living
Medellin
Takoradi
Difference
1-bedroom Apartment, City Center (Monthly)
$952 COP 2.9M
-
-
1-bedroom Apartment, Outside City Center (Monthly)
$668 COP 2.0M
-
-
3-bedroom Apartment, City Center (Monthly)
$2,020 COP 6.2M
-
-
3-bedroom Apartment, Outside City Center (Monthly)
$1,148 COP 3.5M
-
-
Buy Apartment in City Center (m2)
$3,696 COP 11.3M
-
-
Buy Apartment Outside City Center (m2)
$1,586 COP 4.9M
-
-
💵 Salaries & Financials
Medellin
Takoradi
Difference
Average Monthly Net Salary (After Tax)
$625 COP 1.9M
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
10.43
26.75
-61.01%

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

Last update for Medellin: August 17, 2026

Last update for Takoradi: August 16, 2026

Cost Breakdown

A mid-range dinner for two costs $45.00 in Medellin versus $54.0 in Takoradi. Groceries tell a different story – $297 in Medellin vs $186 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
Is Takoradi cheaper than Medellin?
Yes – Medellin is pricier by about 179%, and the gap shows up most in Clothing & Footwear. 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 $2,530 per month in Medellin and $908 in Takoradi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Is eating out cheaper in Medellin or in Takoradi?
A mid-range dinner for two costs $45.00 in Medellin and $54.0 in Takoradi. 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 Takoradi?
Groceries cost about 60% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for living in Medellin or in Takoradi?
A $1,500 monthly budget goes further in Takoradi, where all-in costs run around $605, than in Medellin at $1,687. In Takoradi it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Takoradi more family-friendly?
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.
Which city is the better choice to relocate to?
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.

Medellin vs other spots: cost of living compared

Similar cities