😐A single person spends $1,555 per month in Medellin vs $574 in Takoradi, rent included.
😐A couple spends around $2,314 per month in Medellin vs $967 in Takoradi, rent included.
😐A family of three spends $3,072 per month in Medellin vs $1,359 in Takoradi, rent included.
😐Medellin costs about 171% more than Takoradi, driven mainly by Clothing & Footwear.
📊Medellin sits 15% above the global median, while Takoradi is 57% below – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Medellin
Takoradi
Difference
Meal at Budget Restaurant
$7.59COP 24.7K
$7.94GHS 93.1
-4.41%
Three-Course Dinner for Two, Mid-Range
$44.78COP 145.7K
$51.3GHS 601
-12.68%
Fast Food Meal(McDonalds, etc)
$9.24COP 30.1K
$10.47GHS 123
-11.75%
Cappuccino
$2.95COP 9,591
$4.55GHS 53.3
-35.16%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.80COP 5,861
$1.53GHS 17.94
17.65%
Water(0.33 liter bottle)
$1.35COP 4,391
$0.48GHS 5.59
181.25%
Local Beer(0.5 liter draught)
$2.93COP 9,544
$1.91GHS 22.40
53.40%
Imported Beer(0.33 liter bottle)
$5.46COP 17.8K
$2.28GHS 26.67
139.47%
🛒 Groceries & Markets
Medellin
Takoradi
Difference
Milk(1 liter)
$1.43COP 4,663
$1.44GHS 16.89
-0.69%
White Bread(500g)
$2.39COP 7,785
$1.04GHS 12.21
129.81%
Rice(white)(1kg)
$1.60COP 5,209
$1.75GHS 20.47
-8.57%
Eggs
$2.88COP 9,364
$2.70GHS 31.59
6.67%
Local Cheese(1kg)
$9.71COP 31.6K
$12.04GHS 141
-19.35%
Chicken Fillets(1kg)
$9.44COP 30.7K
$4.65GHS 54.5
103.01%
Beef Round Steak(1kg)
$13.24COP 43.1K
$2.73GHS 31.97
384.98%
Apples(1kg)
$3.75COP 12.2K
$2.39GHS 28.06
56.90%
Banana(1kg)
$1.45COP 4,703
$0.82GHS 9.62
76.83%
Oranges(1kg)
$2.10COP 6,829
$1.09GHS 12.79
92.66%
Tomato(1kg)
$2.13COP 6,930
$1.75GHS 20.49
21.71%
Potato(1kg)
$1.92COP 6,259
$2.23GHS 26.15
-13.90%
Onion(1kg)
$1.53COP 4,984
$1.96GHS 22.96
-21.94%
Lettuce(1 head)
$1.09COP 3,549
$0.77GHS 8.97
41.56%
Water(1.5 liter bottle)
$1.18COP 3,843
$0.27GHS 3.20
337.04%
Cigarettes 20 Pack(Marlboro, Camel)
$3.79COP 12.3K
$2.55GHS 29.94
48.63%
Wine(Bottle)
$13.16COP 42.8K
$6.96GHS 81.5
89.08%
Local Beer(0.5 liter bottle)
$1.64COP 5,337
$0.31GHS 3.64
429.03%
Imported Beer(0.33 liter bottle)
$2.28COP 7,410
$2.44GHS 28.55
-6.56%
🚌 Getting Around
Medellin
Takoradi
Difference
One-way Ticket(Public Transport)
$1.18COP 3,825
-
-
Public Transport Monthly Pass(Regular Price)
$73.6COP 239.5K
-
-
Taxi Start(Normal Tariff)
$1.28COP 4,157
$1.71GHS 20.03
-25.15%
Taxi(Normal Tariff)(1km)
$1.98COP 6,434
$1.32GHS 15.44
50.00%
Taxi 1hour Waiting(Normal Tariff)
$7.89COP 25.7K
$4.36GHS 51.1
80.96%
Gasoline(1 liter)
$1.29COP 4,211
$1.36GHS 15.92
-5.15%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.8KCOP 87.2M
$8,055GHS 94.4K
232.47%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.7KCOP 112.9M
$9,711GHS 113.8K
257.25%
🧾 Monthly Utilities & Internet
Medellin
Takoradi
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$158COP 513.6K
$73.2GHS 858
115.65%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.39COP 43.6K
$19.67GHS 231
-31.93%
Internet(50+ Mbps, Unlimited Data)
$27.28COP 88.8K
$42.63GHS 500
-36.01%
🎉 Sport & Entertainment
Medellin
Takoradi
Difference
Gym Membership(Monthly)
$44.15COP 143.7K
-
-
Tennis Court(1 Hour on Weekend)
$15.99COP 52.0K
-
-
Cinema Ticket
$6.39COP 20.8K
$12.99GHS 152
-50.81%
🧸 Childcare & Education
Medellin
Takoradi
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$777COP 2.5M
$462GHS 5,416
68.04%
International Primary School, 1 Child(Yearly)
$8,800COP 28.6M
$18.8KGHS 220.4K
-53.21%
👕👟 Clothing & Footwear
Medellin
Takoradi
Difference
Jeans(Levis 501 Or Similar)
$82.7COP 269.2K
$14.24GHS 167
480.90%
Summer Dress(H&M, Zara, etc)
$56.1COP 182.6K
$18.47GHS 216
203.79%
Sport Shoes(Adidas, Nike)
$131COP 425.7K
$35.93GHS 421
264.07%
Men's Leather Business Shoes
$95.9COP 312.1K
$53.5GHS 627
79.22%
🏠 Accommodation & Living
Medellin
Takoradi
Difference
1-bedroom Apartment, City Center(Monthly)
$1,006COP 3.3M
-
-
1-bedroom Apartment, Outside City Center(Monthly)
$627COP 2.0M
-
-
3-bedroom Apartment, City Center(Monthly)
$1,826COP 5.9M
-
-
3-bedroom Apartment, Outside City Center(Monthly)
$969COP 3.2M
-
-
Buy Apartment in City Center(m2)
$3,907COP 12.7M
-
-
Buy Apartment Outside City Center(m2)
$1,576COP 5.1M
-
-
💵 Salaries & Financials
Medellin
Takoradi
Difference
Average Monthly Net Salary(After Tax)
$620COP 2.0M
-
-
20-Year Fixed Mortgage Interest Rate(Annual %)
10.94
26.75
-59.10%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Medellin: September 28, 2026
Last update for Takoradi: September 29, 2026
Cost Breakdown
🛒A mid-range dinner for two costs $45.00 in Medellin versus $51.0 in Takoradi. Groceries tell a different story – $285 in Medellin vs $177 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 171%, 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 $2,333 per month in Medellin and $861 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 $51.0 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 61% 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 $574, than in Medellin at $1,555. 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.