Cost of Living Comparison Between Medellin and Toledo City Cost of Living Comparison Between Medellin and Toledo City

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $692 in Toledo City, rent included.

A couple spends around $1,599 per month in Medellin vs $1,103 in Toledo City, rent included.

A family of three spends $2,167 per month in Medellin vs $1,513 in Toledo City, rent included.

Medellin costs about 49% more than Toledo City, driven mainly by Getting Around.

Both Medellin and Toledo City are more affordable than the global median – Medellin 23% lower, Toledo City 48% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

$2.61 ₱160

136.02%

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

$21.49 ₱1,323

51.70%

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

$3.56 ₱219

106.18%

Cappuccino

$1.72 COP 5,600

$1.99 ₱123

-13.57%

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

$1.05 COP 3,420

$0.56 ₱34.72

87.50%

Water (0.33 liter bottle)

$0.77 COP 2,515

$0.30 ₱18.32

156.67%

Local Beer (0.5 liter draught)

$1.69 COP 5,488

$0.93 ₱57.3

81.72%

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

$1.75 ₱108

81.14%

Milk (1 liter)

$1.05 COP 3,423

$1.77 ₱109

-40.68%

White Bread (500g)

$1.30 COP 4,236

$1.21 ₱74.7

7.44%

Rice (white) (1kg)

$1.40 COP 4,544

$0.88 ₱54.3

59.09%

Eggs

$2.16 COP 7,047

$2.15 ₱132

0.47%

Local Cheese (1kg)

$4.39 COP 14.3K

$6.00 ₱369

-26.83%

Chicken Fillets (1kg)

$5.88 COP 19.1K

$4.20 ₱259

40.00%

Beef Round Steak (1kg)

$8.64 COP 28.1K

$7.08 ₱436

22.03%

Apples (1kg)

$2.28 COP 7,426

$2.36 ₱145

-3.39%

Banana (1kg)

$1.11 COP 3,604

$1.20 ₱73.6

-7.50%

Oranges (1kg)

$1.53 COP 4,983

$1.95 ₱120

-21.54%

Tomato (1kg)

$1.35 COP 4,410

$1.55 ₱95.6

-12.90%

Potato (1kg)

$1.13 COP 3,674

$2.49 ₱154

-54.62%

Onion (1kg)

$1.13 COP 3,692

$1.15 ₱71.0

-1.74%

Lettuce (1 head)

$0.85 COP 2,753

$1.69 ₱104

-49.70%

Water (1.5 liter bottle)

$0.91 COP 2,975

$0.91 ₱55.8

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 7,630

$1.20 ₱73.7

95.00%

Wine (Bottle)

$12.37 COP 40.3K

$4.19 ₱258

195.23%

Local Beer (0.5 liter bottle)

$1.20 COP 3,909

$1.22 ₱75.0

-1.64%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

$1.92 ₱118

29.69%

One-way Ticket (Public Transport)

$0.84 COP 2,728

$0.26 ₱15.80

223.08%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

$0.73 ₱44.82

94.52%

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

$0.23 ₱14.04

734.78%

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

$2.68 ₱165

185.82%

Gasoline (1 liter)

$0.99 COP 3,223

$1.14 ₱70.1

-13.16%

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

$18.0K COP 58.7M

$23.8K ₱1.5M

-24.28%

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

$26.6K COP 86.7M

$19.4K ₱1.2M

37.42%

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

$80.8 COP 263.1K

$67.2 ₱4,134

20.34%

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

$9.95 COP 32.4K

$30.92 ₱1,903

-67.82%

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

$30.16 ₱1,857

-19.83%

Gym Membership (Monthly)

$25.08 COP 81.7K

$33.48 ₱2,061

-25.09%

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

$4.34 ₱267

341.24%

Cinema Ticket

$3.98 COP 13.0K

$1.80 ₱111

121.11%

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

$305 COP 993.5K

$89.8 ₱5,531

239.69%

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

$4,365 ₱268.7K

38.79%

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

$45.99 ₱2,831

26.40%

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

$22.57 ₱1,390

42.67%

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

$63.2 ₱3,888

59.51%

Men's Leather Business Shoes

$108 COP 350.8K

$80.3 ₱4,942

34.23%

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

$413 ₱25.4K

15.41%

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

$175 ₱10.8K

114.84%

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

$582 ₱35.8K

45.08%

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

$394 ₱24.2K

85.48%

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

$2,400 ₱147.8K

33.97%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

$986 ₱60.7K

39.17%

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

$318 ₱19.6K

93.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

123.83%

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

Last update for Medellin: July 12, 2026

Last update for Toledo City: July 13, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $413 in Toledo City. 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 94% higher in Medellin, 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 $21.00 in Toledo City. Monthly groceries follow the same trend: $193 vs $182 – making Toledo City 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 Toledo City: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 49%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,546 per month in Medellin and $1,039 in Toledo City. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Toledo City, 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 $21.00 in Toledo City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 6% 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 $2,000 monthly budget goes further in Toledo City, where all-in costs run around $692, than in Medellin at $1,031. In Toledo City it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Toledo City – 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 Toledo City. 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.