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 $1,641 per month in Medellin vs $644 in Toledo City, rent included.

A couple spends around $2,447 per month in Medellin vs $1,034 in Toledo City, rent included.

A family of three spends $3,253 per month in Medellin vs $1,424 in Toledo City, rent included.

Medellin costs about 155% more than Toledo City, driven mainly by Groceries & Markets.

Medellin sits 19% above the global median, while Toledo City is 53% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.04 COP 24.8K

$2.88 ₱180

179.17%

Three-Course Dinner for Two, Mid-Range

$48.29 COP 148.6K

$19.11 ₱1,198

152.69%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

$3.17 ₱199

197.16%

Cappuccino

$2.94 COP 9,040

$1.95 ₱122

50.77%

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

$1.86 COP 5,735

$0.66 ₱41.35

181.82%

Water (0.33 liter bottle)

$1.46 COP 4,479

$0.32 ₱20.05

356.25%

Local Beer (0.5 liter draught)

$3.21 COP 9,882

$1.06 ₱66.5

202.83%

Imported Beer (0.33 liter bottle)

$5.71 COP 17.6K

$1.81 ₱113

215.47%

Milk (1 liter)

$1.44 COP 4,428

$1.68 ₱105

-14.29%

White Bread (500g)

$2.40 COP 7,389

$1.20 ₱75.5

100.00%

Rice (white) (1kg)

$1.70 COP 5,228

$0.91 ₱57.0

86.81%

Eggs

$2.89 COP 8,896

$1.95 ₱123

48.21%

Local Cheese (1kg)

$10.06 COP 30.9K

$5.90 ₱370

70.51%

Chicken Fillets (1kg)

$9.97 COP 30.7K

$4.09 ₱257

143.77%

Beef Round Steak (1kg)

$14.20 COP 43.7K

$6.06 ₱380

134.32%

Apples (1kg)

$3.98 COP 12.3K

$3.28 ₱206

21.34%

Banana (1kg)

$1.58 COP 4,878

$1.03 ₱64.8

53.40%

Oranges (1kg)

$2.15 COP 6,624

$2.92 ₱183

-26.37%

Tomato (1kg)

$2.30 COP 7,078

$1.45 ₱90.8

58.62%

Potato (1kg)

$2.00 COP 6,169

$2.41 ₱151

-17.01%

Onion (1kg)

$1.51 COP 4,646

$2.76 ₱173

-45.29%

Lettuce (1 head)

$1.20 COP 3,701

$1.46 ₱91.6

-17.81%

Water (1.5 liter bottle)

$1.28 COP 3,946

$0.76 ₱47.76

68.42%

Cigarettes 20 Pack (Marlboro, Camel)

$3.84 COP 11.8K

$0.79 ₱49.45

386.08%

Wine (Bottle)

$14.01 COP 43.1K

$6.48 ₱406

116.20%

Local Beer (0.5 liter bottle)

$1.71 COP 5,256

$1.10 ₱69.0

55.45%

Imported Beer (0.33 liter bottle)

$2.74 COP 8,440

$1.31 ₱81.9

109.16%

One-way Ticket (Public Transport)

$1.25 COP 3,834

$0.27 ₱17.04

362.96%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.7K

$11.01 ₱690

607.54%

Taxi Start (Normal Tariff)

$1.31 COP 4,016

$0.75 ₱47.01

74.67%

Taxi (Normal Tariff) (1km)

$2.17 COP 6,680

$0.36 ₱22.63

502.78%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

$2.36 ₱148

251.27%

Gasoline (1 liter)

$1.36 COP 4,172

$1.09 ₱68.5

24.77%

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

$27.5K COP 84.5M

$21.4K ₱1.3M

28.60%

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

$36.5K COP 112.4M

$19.6K ₱1.2M

86.84%

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

$169 COP 519.2K

$62.9 ₱3,944

168.15%

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

$13.57 COP 41.8K

$9.41 ₱590

44.21%

Internet (50+ Mbps, Unlimited Data)

$28.32 COP 87.2K

$27.68 ₱1,736

2.31%

Gym Membership (Monthly)

$45.71 COP 140.7K

$31.56 ₱1,979

44.84%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

$4.73 ₱297

264.06%

Cinema Ticket

$6.65 COP 20.5K

$1.58 ₱98.9

320.89%

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

$803 COP 2.5M

$79.9 ₱5,009

905.32%

International Primary School, 1 Child (Yearly)

$9,190 COP 28.3M

$8,197 ₱513.9K

12.11%

Jeans (Levis 501 Or Similar)

$87.4 COP 268.8K

$32.20 ₱2,019

171.30%

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.7K

$19.59 ₱1,228

203.06%

Sport Shoes (Adidas, Nike)

$139 COP 427.5K

$55.0 ₱3,445

152.79%

Men's Leather Business Shoes

$102 COP 314.0K

$55.9 ₱3,505

82.51%

1-bedroom Apartment, City Center (Monthly)

$1,071 COP 3.3M

$272 ₱17.1K

293.07%

1-bedroom Apartment, Outside City Center (Monthly)

$653 COP 2.0M

$173 ₱10.9K

277.22%

3-bedroom Apartment, City Center (Monthly)

$1,925 COP 5.9M

$509 ₱31.9K

278.29%

3-bedroom Apartment, Outside City Center (Monthly)

$1,048 COP 3.2M

$347 ₱21.7K

202.32%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

$2,614 ₱163.9K

57.69%

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

$1,060 ₱66.4K

60.17%

Average Monthly Net Salary (After Tax)

$655 COP 2.0M

$324 ₱20.3K

102.11%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

82.33%

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

Last update for Medellin: September 7, 2026

Last update for Toledo City: September 5, 2026

Cost Breakdown

A central one-bedroom costs $1,071 in Medellin versus $272 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 102% 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 $48.00 in Medellin versus $19.00 in Toledo City. Monthly groceries follow the same trend: $300 vs $187 – 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 155%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,462 per month in Medellin and $966 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 $48.00 in Medellin and $19.00 in Toledo City. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,641 in Medellin and $644 in Toledo City. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Toledo City, where all-in costs run around $644, than in Medellin at $1,641. 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.