Cost of Living Comparison Between Medellin and Waterloo Cost of Living Comparison Between Medellin and Waterloo

🙂 Solo nomad: Medellin is 44% cheaper than Waterloo without rent, and 59.2% cheaper with rent.
🙂 Family of 3: Medellin is 60.4% cheaper than Waterloo without rent, and 51.4% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Waterloo
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$29.31 €25.3
-78.74%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$103 €89.1
-68.67%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$14.06 €12.14
-47.44%
Cappuccino
$1.72 COP 7,155
$4.64 €4.01
-62.93%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$3.45 €2.98
-68.12%
Water (0.33 liter bottle)
$0.73 COP 3,060
$3.22 €2.78
-77.33%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$5.72 €4.94
-70.98%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$5.81 €5.02
-44.92%
🛒 Groceries & Markets
Medellin
Waterloo
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.48 €1.28
-26.35%
White Bread (500g)
$1.24 COP 5,188
$2.73 €2.36
-54.58%
Rice (white) (1kg)
$1.33 COP 5,544
$2.29 €1.98
-41.92%
Eggs
$2.22 COP 9,252
$4.11 €3.54
-45.99%
Local Cheese (1kg)
$4.55 COP 19K
$16.61 €14.34
-72.61%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$12.92 €11.15
-55.80%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$18.46 €15.94
-53.47%
Apples (1kg)
$2.26 COP 9,410
$2.99 €2.58
-24.41%
Banana (1kg)
$1.07 COP 4,461
$2.38 €2.05
-55.04%
Oranges (1kg)
$1.51 COP 6,293
$2.74 €2.36
-44.89%
Tomato (1kg)
$1.42 COP 5,911
$3.13 €2.7
-54.63%
Potato (1kg)
$1.11 COP 4,619
$1.9 €1.64
-41.58%
Onion (1kg)
$1.18 COP 4,932
$2.13 €1.84
-44.60%
Lettuce (1 head)
$0.89 COP 3,718
$1.39 €1.2
-35.97%
Water (1.5 liter bottle)
$0.84 COP 3,507
$0.92 €0.79
-8.70%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$12.59 €10.87
-81.33%
Wine (Bottle)
$9.34 COP 38.9K
$8.79 €7.59
6.26%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$2 €1.73
-41.00%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$2.99 €2.58
-16.72%
🚌 Getting Around
Medellin
Waterloo
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$2.9 €2.5
-71.38%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$55.7 €48.1
-24.78%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$7.62 €6.58
-81.50%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$2.44 €2.11
-19.67%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$35.3 €30.48
-77.76%
Gasoline (1 liter)
$1.02 COP 4,265
$1.84 €1.58
-44.57%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$34.1K €29.4K
-48.40%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$35.5K €30.7K
-26.24%
🧾 Monthly Utilities & Internet
Medellin
Waterloo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$226 €195
-63.49%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$22.37 €19.32
-57.80%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$52.6 €45.42
-55.31%
🎉 Sport & Entertainment
Medellin
Waterloo
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$32.5 €28.06
-20.98%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$16.64 €14.37
15.02%
Cinema Ticket
$3.96 COP 16.5K
$14.9 €12.86
-73.42%
🧸 Childcare & Education
Medellin
Waterloo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$812 €701
-62.44%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$22.1K €19.1K
-73.16%
👕👟 Clothing & Footwear
Medellin
Waterloo
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$107 €92.7
-46.06%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$48.36 €41.75
-34.68%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$116 €99.9
-10.84%
Men's Leather Business Shoes
$106 COP 440.5K
$150 €129
-29.54%
🏠 Accommodation & Living
Medellin
Waterloo
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$1,066 €920
-54.08%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$1,021 €882
-62.89%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,329 €1,148
-37.79%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,117 €965
-34.75%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$3,432 €2,963
-36.19%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$3,062 €2,644
-49.95%
💵 Salaries & Financials
Medellin
Waterloo
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$2,510 €2,167
-78.09%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
3.74
259.09%

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

Last update for Medellin: October 28, 2025

Last update for Waterloo: October 29, 2025

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