Cost of Living Comparison Between Medellin and Taranto Cost of Living Comparison Between Medellin and Taranto

Monthly Cost of Living

A single person spends $1,013 per month in Medellin vs $1,306 in Taranto, rent included.

A couple spends around $1,602 per month in Medellin vs $1,920 in Taranto, rent included.

A family of three spends $2,192 per month in Medellin vs $2,534 in Taranto, rent included.

Medellin is about 22% cheaper than Taranto, driven mainly by Eating Out.

Both Medellin and Taranto are more affordable than the global median – Medellin 24% lower, Taranto 3% lower.

Meal at Budget Restaurant

$5.99 COP 21.5K

$17.39 €15.09

-65.55%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 118.1K

$57.8 €50.2

-43.19%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.5K

$11.46 €9.94

-38.13%

Cappuccino

$1.71 COP 6,155

$1.80 €1.56

-5.00%

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

$1.10 COP 3,950

$2.13 €1.85

-48.36%

Water (0.33 liter bottle)

$0.78 COP 2,799

$1.09 €0.94

-28.44%

Local Beer (0.5 liter draught)

$1.68 COP 6,037

$3.37 €2.92

-50.15%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$4.54 €3.94

-32.38%

Milk (1 liter)

$1.09 COP 3,931

$1.28 €1.11

-14.84%

White Bread (500g)

$1.26 COP 4,537

$1.70 €1.48

-25.88%

Rice (white) (1kg)

$1.38 COP 4,955

$1.72 €1.49

-19.77%

Eggs

$2.19 COP 7,878

$3.47 €3.01

-36.89%

Local Cheese (1kg)

$4.40 COP 15.8K

$11.20 €9.72

-60.71%

Chicken Fillets (1kg)

$5.63 COP 20.2K

$9.08 €7.88

-38.00%

Beef Round Steak (1kg)

$8.89 COP 32.0K

$7.34 €6.37

21.12%

Apples (1kg)

$2.34 COP 8,403

$1.88 €1.63

24.47%

Banana (1kg)

$1.06 COP 3,802

$1.25 €1.09

-15.20%

Oranges (1kg)

$1.50 COP 5,409

$1.25 €1.08

20.00%

Tomato (1kg)

$1.38 COP 4,956

$2.34 €2.03

-41.03%

Potato (1kg)

$1.15 COP 4,138

$1.76 €1.52

-34.66%

Onion (1kg)

$1.16 COP 4,183

$1.76 €1.52

-34.09%

Lettuce (1 head)

$0.89 COP 3,203

$1.47 €1.28

-39.46%

Water (1.5 liter bottle)

$0.84 COP 3,016

$0.61 €0.53

37.70%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,198

$6.89 €5.98

-66.91%

Wine (Bottle)

$10.64 COP 38.3K

$7.19 €6.23

47.98%

Local Beer (0.5 liter bottle)

$1.20 COP 4,312

$1.02 €0.89

17.65%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,882

$1.91 €1.66

29.32%

One-way Ticket (Public Transport)

$0.86 COP 3,076

$1.79 €1.55

-51.96%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 148.8K

$17.13 €14.86

141.68%

Taxi Start (Normal Tariff)

$1.47 COP 5,298

$5.68 €4.92

-74.12%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,055

$2.02 €1.75

-2.97%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.8K

$34.53 €29.95

-77.58%

Gasoline (1 liter)

$0.95 COP 3,431

$2.00 €1.73

-52.50%

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

$18.1K COP 65.2M

$35.5K €30.8K

-48.88%

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

$26.5K COP 95.2M

$31.3K €27.1K

-15.26%

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

$82.3 COP 295.7K

$227 €197

-63.70%

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

$9.50 COP 34.2K

$9.53 €8.26

-0.31%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 87.1K

$34.03 €29.52

-28.80%

Gym Membership (Monthly)

$25.89 COP 93.0K

$48.51 €42.08

-46.63%

Tennis Court (1 Hour on Weekend)

$19.00 COP 68.3K

$17.59 €15.26

8.02%

Cinema Ticket

$3.93 COP 14.1K

$7.86 €6.82

-50.00%

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

$309 COP 1.1M

$293 €254

5.60%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.4M

$4,624 €4,011

29.01%

Jeans (Levis 501 Or Similar)

$58.7 COP 210.8K

$60.9 €52.8

-3.65%

Summer Dress (H&M, Zara, etc)

$32.35 COP 116.3K

$24.69 €21.42

31.02%

Sport Shoes (Adidas, Nike)

$103 COP 368.8K

$93.5 €81.1

9.78%

Men's Leather Business Shoes

$108 COP 389.7K

$51.6 €44.73

110.30%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$427 €371

11.47%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$349 €303

8.41%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$647 €561

29.62%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$492 €427

47.11%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$1,646 €1,428

69.50%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.4M

$1,496 €1,297

-19.01%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$1,584 €1,374

-67.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.95

240.00%

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

Last update for Medellin: May 31, 2026

Last update for Taranto: May 31, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $427 in Taranto. 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 209% higher in Taranto, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $58.0 in Taranto. Monthly groceries follow the same trend: $188 vs $230 – 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 Taranto: Cost of Living - Frequently Asked Questions

Yes – Taranto is pricier by about 29%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,519 per month in Medellin and $1,960 in Taranto. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $33.00 in Medellin and $58.0 in Taranto. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,013 in Medellin and $1,306 in Taranto. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,013, than in Taranto at $1,306. In Medellin it covers expenses comfortably, while in Taranto it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Taranto makes more sense. Both are solid long-term options with distinct trade-offs.