Last update: Oct 2026

Cost of Living Comparison Between Miraflores and Medellin

For one person, living is cheaper in Miraflores: $1,108 a month against $1,639 in Medellin, rent and utilities included – about $6,400 less a year. Rent and utilities account for about half of the difference.

54

Cost of Living Index in Miraflores
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Miraflores Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Miraflores

🇵🇪 Peru

$1,108

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Miraflores and in Medellin

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

A single person spends $1,108 per month in Miraflores vs $1,639 in Medellin, rent included.

Miraflores $1,108
Medellin $1,639

A couple spends around $1,232 per month in Miraflores vs $2,413 in Medellin, rent included.

Miraflores $1,232
Medellin $2,413

A family of three spends $1,356 per month in Miraflores vs $3,186 in Medellin, rent included.

Miraflores $1,356
Medellin $3,186

Miraflores is about 32% cheaper than Medellin, and outside of rent the biggest gap is in groceries.

Miraflores sits 19% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.45 PEN 15.33

$8.09 COP 25.6K

-44.99%

Three-Course Dinner for Two, Mid-Range

$34.72 PEN 120

$47.05 COP 148.7K

-26.21%

Fast Food Meal (McDonalds, etc)

$5.34 PEN 18.41

$9.50 COP 30.0K

-43.79%

Cappuccino

$3.20 PEN 11.03

$3.01 COP 9,532

6.31%

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

$1.07 PEN 3.68

$1.80 COP 5,688

-40.56%

Water (0.33 liter bottle)

$0.62 PEN 2.13

$1.41 COP 4,465

-56.03%

Local Beer (0.5 liter draught)

$2.68 PEN 9.26

$3.18 COP 10.0K

-15.72%

Imported Beer (0.33 liter bottle)

$4.44 PEN 15.31

$5.75 COP 18.2K

-22.78%

Milk (1 liter)

$1.33 PEN 4.60

$1.51 COP 4,774

-11.92%

White Bread (500g)

$1.13 PEN 3.91

$2.38 COP 7,517

-52.52%

Rice (white) (1kg)

$1.34 PEN 4.63

$1.77 COP 5,601

-24.29%

Eggs

$2.99 PEN 10.29

$2.89 COP 9,138

3.46%

Local Cheese (1kg)

$9.21 PEN 31.77

$10.19 COP 32.2K

-9.62%

Chicken Fillets (1kg)

$5.89 PEN 20.32

$9.87 COP 31.2K

-40.32%

Beef Round Steak (1kg)

$9.59 PEN 33.07

$13.99 COP 44.2K

-31.45%

Apples (1kg)

$2.05 PEN 7.06

$3.97 COP 12.6K

-48.36%

Banana (1kg)

$1.03 PEN 3.54

$1.55 COP 4,907

-33.55%

Oranges (1kg)

$1.42 PEN 4.89

$2.18 COP 6,901

-34.86%

Tomato (1kg)

$1.15 PEN 3.96

$2.18 COP 6,904

-47.25%

Potato (1kg)

$0.96 PEN 3.31

$1.96 COP 6,205

-51.02%

Onion (1kg)

$0.84 PEN 2.89

$1.59 COP 5,025

-47.17%

Lettuce (1 head)

$0.90 PEN 3.09

$1.15 COP 3,622

-21.74%

Water (1.5 liter bottle)

$0.59 PEN 2.04

$1.24 COP 3,930

-52.42%

Cigarettes 20 Pack (Marlboro, Camel)

$5.67 PEN 19.55

$3.96 COP 12.5K

43.18%

Wine (Bottle)

$9.66 PEN 33.29

$13.68 COP 43.3K

-29.39%

Local Beer (0.5 liter bottle)

$1.71 PEN 5.89

$1.66 COP 5,247

3.01%

Imported Beer (0.33 liter bottle)

$2.86 PEN 9.85

$2.26 COP 7,139

26.55%

One-way Ticket (Public Transport)

$0.28 PEN 0.95

$1.17 COP 3,692

-76.07%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 244.6K

Taxi Start (Normal Tariff)

$3.50 PEN 12.08

$1.27 COP 4,009

175.59%

Taxi (Normal Tariff) (1km)

$2.06 PEN 7.09

$2.05 COP 6,474

0.49%

Taxi 1hour Waiting (Normal Tariff)

$7.67 PEN 26.45

$8.55 COP 27.0K

-10.29%

Gasoline (1 liter)

$1.28 PEN 4.42

$1.35 COP 4,258

-5.19%

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

$22.0K PEN 75.9K

$34.1K COP 107.7M

-35.38%

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

$28.9K PEN 99.5K

$34.7K COP 109.6M

-16.79%

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

$57.4 PEN 198

$170 COP 536.4K

-66.17%

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

$8.87 PEN 30.57

$13.55 COP 42.8K

-34.54%

Internet (50+ Mbps, Unlimited Data)

$26.55 PEN 91.5

$28.07 COP 88.7K

-5.42%

Gym Membership (Monthly)

$34.52 PEN 119

$43.70 COP 138.2K

-21.01%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.3K

Cinema Ticket

$7.42 PEN 25.57

$6.91 COP 21.9K

7.38%

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

$312 PEN 1,075

$797 COP 2.5M

-60.86%

International Primary School, 1 Child (Yearly)

$12.7K PEN 43.7K

$9,112 COP 28.8M

39.16%

Jeans (Levis 501 Or Similar)

$52.6 PEN 181

$84.7 COP 267.8K

-37.91%

Summer Dress (H&M, Zara, etc)

$34.98 PEN 121

$58.0 COP 183.2K

-39.65%

Sport Shoes (Adidas, Nike)

$82.8 PEN 286

$135 COP 426.7K

-38.63%

Men's Leather Business Shoes

$79.8 PEN 275

$97.9 COP 309.4K

-18.47%

1-bedroom Apartment, City Center (Monthly)

$686 PEN 2,366

$1,208 COP 3.8M

-43.19%

1-bedroom Apartment, Outside City Center (Monthly)

$515 PEN 1,777

$642 COP 2.0M

-19.68%

3-bedroom Apartment, City Center (Monthly)

$1,571 PEN 5,418

$2,028 COP 6.4M

-22.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

Buy Apartment in City Center (m2)

$2,511 PEN 8,657

$4,170 COP 13.2M

-39.80%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

8.78

10.94

-19.74%

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

Last update for Miraflores: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Miraflores

$515 46.5%

Medellin

$642 39.1% 24.5% $126

Groceries & Markets

Miraflores

$204 18.5%

Medellin

$297 18.1% 45.3% $93

Eating Out

Miraflores

$119 10.7%

Medellin

$170 10.4% 42.5% $51

Clothing & Footwear

Miraflores

$113 10.2%

Medellin

$169 10.3% 50.1% $56

Monthly Utilities & Internet

Miraflores

$93 8.4%

Medellin

$211 12.9% 128% $118

Sport & Entertainment

Miraflores

$49 4.5%

Medellin

$58 3.5% 16.6% $8.2

Getting Around

Miraflores

$15 * 1.3%

Medellin

$94 5.7% 528% $79

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $686 in Miraflores versus $1,208 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $35 in Miraflores versus $47 in Medellin. Monthly groceries follow the same trend: $204 vs $297 – making Miraflores the more affordable choice for daily food spending.

Good to know

🇵🇪 Miraflores

🇨🇴 Medellin

🕒 Local time

02:52 2:52 AM

Same time as Miraflores

🌤 Weather

👥 Population

99,337

2,486,723

💱 Currency

Peruvian Sol PEN S/

Colombian Peso COP $

📈 Exchange rate

1 PEN = 0.29 USD

1 PEN = 0.259 EUR

10,000 COP = 3.16 USD

10,000 COP = 2.83 EUR

Exchange rates and currency converter

COP, USD, EUR to PEN – Peruvian Sol Converter

🇺🇸 United States Dollar ($)

🇵🇪 Peruvian Sol (S/)

Peruvian Sol exchange rates as of October 30, 2026: 1 USD = 3.45 PEN (1 PEN = 0.29 USD). 1 EUR = 3.86 PEN (1 PEN = 0.259 EUR).

Colombian Peso exchange rates as of October 30, 2026: 1 USD = 3,162 COP (10,000 COP = 3.16 USD). 1 EUR = 3,536 COP (10,000 COP = 2.83 EUR).

USD to PEN in detail →

On the map

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Between locations

Miraflores Medellin 2,050 km ≈ 3 h nonstop flight

From you

Miraflores
Medellin

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

Miraflores vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 48%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $1,663 per month in Miraflores and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Miraflores, especially for central apartments: a one-bedroom in the center costs $686 there versus $1,208 in Medellin.

A mid-range dinner for two costs $35 in Miraflores and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 45% more in Medellin, though the gap depends on what you buy.

A $1,500 monthly budget goes further in Miraflores, where all-in costs run around $1,108, than in Medellin at $1,639. In Miraflores it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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