Last update: Oct 2026

Cost of Living Comparison Between Medellin and Teramo

For one person, living is cheaper in Teramo: $1,575 a month against $1,639 in Medellin, rent and utilities included – about $770 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

79

Cost of Living Index in Medellin
Learn more

Medellin Living Index
76

Cost of Living Index in Teramo
Learn more

Teramo Living Index

Jump to prices

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Teramo

🇮🇹 Italy

$1,575

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Teramo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Teramo actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,575 in Teramo, rent included.

Medellin $1,639
Teramo $1,575

A couple spends around $2,413 per month in Medellin vs $2,363 in Teramo, rent included.

Medellin $2,413
Teramo $2,363

A family of three spends $3,186 per month in Medellin vs $3,151 in Teramo, rent included.

Medellin $3,186
Teramo $3,151

Medellin costs about 4% more than Teramo, and outside of rent the biggest gap is in transport.

Both Medellin and Teramo sit above the global median – Medellin by 20%, Teramo by 16%.

Meal at Budget Restaurant

$8.09 COP 26.1K

$19.42 €17.40

-58.34%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.7K

$56.7 €50.8

-17.08%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.6K

$11.52 €10.32

-17.53%

Cappuccino

$3.01 COP 9,722

$1.78 €1.60

69.10%

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

$1.80 COP 5,801

$2.47 €2.22

-27.13%

Water (0.33 liter bottle)

$1.41 COP 4,554

$1.63 €1.46

-13.50%

Local Beer (0.5 liter draught)

$3.18 COP 10.2K

$5.50 €4.92

-42.18%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.5K

$4.46 €3.99

28.92%

Milk (1 liter)

$1.51 COP 4,869

$1.41 €1.26

7.09%

White Bread (500g)

$2.38 COP 7,667

$2.26 €2.03

5.31%

Rice (white) (1kg)

$1.77 COP 5,712

$2.55 €2.29

-30.59%

Eggs

$2.89 COP 9,320

$3.50 €3.13

-17.43%

Local Cheese (1kg)

$10.19 COP 32.9K

$18.08 €16.19

-43.64%

Chicken Fillets (1kg)

$9.87 COP 31.8K

$12.02 €10.77

-17.89%

Beef Round Steak (1kg)

$13.99 COP 45.1K

$18.14 €16.25

-22.88%

Apples (1kg)

$3.97 COP 12.8K

$2.11 €1.89

88.15%

Banana (1kg)

$1.55 COP 5,005

$1.96 €1.75

-20.92%

Oranges (1kg)

$2.18 COP 7,039

$2.22 €1.99

-1.80%

Tomato (1kg)

$2.18 COP 7,041

$2.87 €2.57

-24.04%

Potato (1kg)

$1.96 COP 6,328

$1.60 €1.44

22.50%

Onion (1kg)

$1.59 COP 5,125

$1.73 €1.55

-8.09%

Lettuce (1 head)

$1.15 COP 3,694

$1.36 €1.22

-15.44%

Water (1.5 liter bottle)

$1.24 COP 4,009

$0.37 €0.33

235.14%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$6.87 €6.15

-42.36%

Wine (Bottle)

$13.68 COP 44.1K

$5.55 €4.97

146.49%

Local Beer (0.5 liter bottle)

$1.66 COP 5,352

$1.19 €1.07

39.50%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,281

$1.81 €1.62

24.86%

One-way Ticket (Public Transport)

$1.17 COP 3,766

$2.20 €1.97

-46.82%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.5K

$45.56 €40.80

69.82%

Taxi Start (Normal Tariff)

$1.27 COP 4,089

$5.32 €4.77

-76.13%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,603

$1.47 €1.32

39.46%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$24.17 €21.65

-64.63%

Gasoline (1 liter)

$1.35 COP 4,343

$1.92 €1.72

-29.69%

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

$34.1K COP 109.8M

$36.9K €33.1K

-7.74%

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

$34.7K COP 111.8M

$33.2K €29.7K

4.50%

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

$170 COP 547.0K

$283 €253

-40.02%

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

$13.55 COP 43.7K

$16.59 €14.86

-18.32%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.5K

$33.10 €29.64

-15.20%

Gym Membership (Monthly)

$43.70 COP 140.9K

$63.0 €56.4

-30.62%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.4K

$21.18 €18.97

-18.84%

Cinema Ticket

$6.91 COP 22.3K

$8.81 €7.89

-21.57%

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

$797 COP 2.6M

$447 €400

78.42%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$12.3K €11.0K

-25.96%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.2K

$101 €90.7

-16.30%

Summer Dress (H&M, Zara, etc)

$58.0 COP 186.9K

$35.30 €31.61

64.19%

Sport Shoes (Adidas, Nike)

$135 COP 435.2K

$98.2 €88.0

37.43%

Men's Leather Business Shoes

$97.9 COP 315.6K

$112 €100

-12.69%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$513 €459

135.57%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$360 €323

78.06%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$707 €633

186.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$565 €506

78.94%

Buy Apartment in City Center (m2)

$4,170 COP 13.4M

$1,431 €1,282

191.36%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$1,200 €1,075

59.23%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,570 €1,406

-58.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.02

262.25%

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

Last update for Medellin: October 25, 2026

Last update for Teramo: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$642 39.1%

Teramo

$360 22.9% 43.8% $281

Groceries & Markets

Medellin

$297 18.1%

Teramo

$314 19.9% 5.8% $17

Monthly Utilities & Internet

Medellin

$211 12.9%

Teramo

$333 21.1% 57.4% $121

Eating Out

Medellin

$170 10.4%

Teramo

$264 16.8% 55.8% $95

Clothing & Footwear

Medellin

$169 10.3%

Teramo

$156 9.9% 7.6% $13

Getting Around

Medellin

$94 5.7%

Teramo

$67 4.3% 28.3% $27

Sport & Entertainment

Medellin

$58 3.5%

Teramo

$81 5.1% 40.1% $23

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $513 in Teramo. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Teramo are about 2.4 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $47 in Medellin versus $57 in Teramo. Monthly groceries follow the same trend: $297 vs $314 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇮🇹 Teramo

🕒 Local time

14:59 2:59 PM

20:59 8:59 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

54,892

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 1, 2026: 1 USD = 3,224 COP (10,000 COP = 3.1 USD). 1 EUR = 3,600 COP (10,000 COP = 2.78 EUR).

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Teramo 9,480 km ≈ 12 h nonstop flight

From you

Medellin
Teramo

Distances are measured in a straight line. Your location is detected approximately.

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 Teramo: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 4%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,459 per month in Medellin and $2,362 in Teramo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Teramo, especially for central apartments: a one-bedroom in the center costs $513 there versus $1,208 in Medellin.

A mid-range dinner for two costs $47 in Medellin and $57 in Teramo. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,639 in Medellin and $1,575 in Teramo. That makes Teramo about 4% cheaper.

$1,500 is a stretch for both – monthly costs hit $1,639 in Medellin and $1,575 in Teramo. You’ll need shared housing and careful budgeting no matter which city you pick.

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