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 $1,013 per month in Medellin vs $687 in Toledo City, rent included.

A couple spends around $1,602 per month in Medellin vs $1,095 in Toledo City, rent included.

A family of three spends $2,192 per month in Medellin vs $1,502 in Toledo City, rent included.

Medellin costs about 47% more than Toledo City, driven mainly by Getting Around.

Both Medellin and Toledo City are more affordable than the global median – Medellin 24% lower, Toledo City 49% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

$2.69 ₱166

122.68%

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

$21.17 ₱1,305

55.22%

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

$3.47 ₱214

104.32%

Cappuccino

$1.71 COP 6,115

$1.97 ₱122

-13.20%

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

$1.10 COP 3,924

$0.53 ₱32.58

107.55%

Water (0.33 liter bottle)

$0.78 COP 2,781

$0.30 ₱18.41

160.00%

Local Beer (0.5 liter draught)

$1.68 COP 5,997

$0.96 ₱59.0

75.00%

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

$1.73 ₱106

77.46%

Milk (1 liter)

$1.09 COP 3,906

$1.79 ₱110

-39.11%

White Bread (500g)

$1.26 COP 4,508

$1.17 ₱72.2

7.69%

Rice (white) (1kg)

$1.38 COP 4,922

$0.93 ₱57.5

48.39%

Eggs

$2.19 COP 7,827

$2.15 ₱133

1.86%

Local Cheese (1kg)

$4.40 COP 15.7K

$5.85 ₱360

-24.79%

Chicken Fillets (1kg)

$5.63 COP 20.1K

$4.34 ₱267

29.72%

Beef Round Steak (1kg)

$8.89 COP 31.8K

$6.78 ₱418

31.12%

Apples (1kg)

$2.34 COP 8,349

$2.32 ₱143

0.86%

Banana (1kg)

$1.06 COP 3,777

$1.14 ₱70.3

-7.02%

Oranges (1kg)

$1.50 COP 5,374

$2.03 ₱125

-26.11%

Tomato (1kg)

$1.38 COP 4,924

$1.57 ₱96.5

-12.10%

Potato (1kg)

$1.15 COP 4,111

$2.39 ₱148

-51.88%

Onion (1kg)

$1.16 COP 4,155

$1.19 ₱73.4

-2.52%

Lettuce (1 head)

$0.89 COP 3,182

$1.67 ₱103

-46.71%

Water (1.5 liter bottle)

$0.84 COP 2,997

$0.91 ₱55.9

-7.69%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,145

$1.26 ₱77.9

80.95%

Wine (Bottle)

$10.64 COP 38.0K

$4.19 ₱258

153.94%

Local Beer (0.5 liter bottle)

$1.20 COP 4,284

$1.23 ₱75.9

-2.44%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

$1.89 ₱116

30.69%

One-way Ticket (Public Transport)

$0.86 COP 3,056

$0.28 ₱17.36

207.14%

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

$0.69 ₱42.26

113.04%

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

$0.25 ₱15.53

684.00%

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

$2.70 ₱166

186.67%

Gasoline (1 liter)

$0.95 COP 3,409

$1.14 ₱70.2

-16.67%

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

$18.1K COP 64.7M

$24.3K ₱1.5M

-25.24%

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

$26.5K COP 94.6M

$19.4K ₱1.2M

36.76%

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

$82.3 COP 293.7K

$66.3 ₱4,090

24.00%

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

$9.50 COP 33.9K

$30.65 ₱1,890

-69.00%

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

$29.80 ₱1,838

-18.69%

Gym Membership (Monthly)

$25.89 COP 92.4K

$33.57 ₱2,070

-22.88%

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

$4.34 ₱268

337.79%

Cinema Ticket

$3.93 COP 14.0K

$1.74 ₱108

125.86%

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

$309 COP 1.1M

$87.2 ₱5,377

254.83%

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

$4,309 ₱265.7K

38.45%

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

$46.53 ₱2,869

26.07%

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

$22.63 ₱1,396

42.95%

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

$60.9 ₱3,753

68.56%

Men's Leather Business Shoes

$108 COP 387.2K

$79.1 ₱4,877

37.10%

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

$411 ₱25.3K

15.86%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

$177 ₱10.9K

113.67%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

$596 ₱36.8K

40.54%

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

$399 ₱24.6K

81.57%

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

$2,471 ₱152.4K

12.92%

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

$962 ₱59.3K

25.93%

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

$329 ₱20.3K

55.65%

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: May 31, 2026

Last update for Toledo City: June 1, 2026

Cost Breakdown

A central one-bedroom costs $476 in Medellin versus $411 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 56% 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: $188 vs $181 – 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 47%, 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 $1,519 per month in Medellin and $1,030 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 4% 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 $687, than in Medellin at $1,013. 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.