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

Monthly Cost of Living

A single person spends $1,034 per month in Medellin vs $476 in Takoradi, rent included.

A couple spends around $1,577 per month in Medellin vs $828 in Takoradi, rent included.

A family of three spends $2,120 per month in Medellin vs $1,180 in Takoradi, rent included.

Medellin costs about 117% 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

$5.92 COP 21.4K

$4.30 GHS 48.16

37.67%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$47.46 GHS 531

-30.99%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$7.95 GHS 89.0

-9.43%

Cappuccino

$1.70 COP 6,140

$3.62 GHS 40.47

-53.04%

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

$1.10 COP 3,966

$0.93 GHS 10.42

18.28%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.37 GHS 4.17

94.59%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$1.51 GHS 16.95

10.60%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$2.46 GHS 27.54

26.02%

Milk (1 liter)

$1.06 COP 3,809

$1.62 GHS 18.17

-34.57%

White Bread (500g)

$1.25 COP 4,497

$1.19 GHS 13.27

5.04%

Rice (white) (1kg)

$1.39 COP 5,022

$1.98 GHS 22.21

-29.80%

Eggs

$2.26 COP 8,168

$2.27 GHS 25.38

-0.44%

Local Cheese (1kg)

$4.33 COP 15.6K

$11.08 GHS 124

-60.92%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$4.72 GHS 52.8

23.73%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$2.96 GHS 33.07

198.31%

Apples (1kg)

$2.24 COP 8,099

$2.65 GHS 29.68

-15.47%

Banana (1kg)

$1.08 COP 3,882

$1.00 GHS 11.15

8.00%

Oranges (1kg)

$1.53 COP 5,522

$1.19 GHS 13.37

28.57%

Tomato (1kg)

$1.37 COP 4,950

$2.00 GHS 22.35

-31.50%

Potato (1kg)

$1.13 COP 4,078

$2.49 GHS 27.85

-54.62%

Onion (1kg)

$1.12 COP 4,036

$2.21 GHS 24.77

-49.32%

Lettuce (1 head)

$0.85 COP 3,057

$0.75 GHS 8.38

13.33%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.28 GHS 3.13

225.00%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$1.58 GHS 17.68

47.47%

Wine (Bottle)

$11.13 COP 40.2K

$6.32 GHS 70.7

76.11%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$0.36 GHS 3.98

230.56%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$1.95 GHS 21.81

21.54%

One-way Ticket (Public Transport)

$0.79 COP 2,838

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$1.56 GHS 17.50

-7.69%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$1.22 GHS 13.68

56.56%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$5.42 GHS 60.7

47.97%

Gasoline (1 liter)

$0.94 COP 3,385

$1.13 GHS 12.62

-16.81%

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

$17.9K COP 64.7M

$8,026 GHS 89.8K

123.30%

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

$26.8K COP 96.7M

$9,606 GHS 107.5K

178.90%

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

$84.0 COP 303.1K

$54.6 GHS 611

53.69%

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

$9.60 COP 34.7K

$13.25 GHS 148

-27.55%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$38.31 GHS 429

-36.94%

Gym Membership (Monthly)

$25.88 COP 93.4K

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

Cinema Ticket

$3.92 COP 14.1K

$9.66 GHS 108

-59.42%

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

$306 COP 1.1M

$71.8 GHS 803

326.98%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$8,055 GHS 90.1K

-26.52%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$14.69 GHS 164

294.21%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$18.70 GHS 209

70.16%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$29.08 GHS 325

243.54%

Men's Leather Business Shoes

$107 COP 386.8K

$42.10 GHS 471

154.49%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

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: April 27, 2026

Last update for Takoradi: April 27, 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 $181 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 117%, 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 $1,550 per month in Medellin and $714 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 5% 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 $476, than in Medellin at $1,034. 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.