Last update: Nov 2026

Cost of Living Comparison Between Monrovia and Medellin

For one person, living is cheaper in Monrovia: $1,282 a month against $1,692 in Medellin, rent and utilities included – about $4,900 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

61

Cost of Living Index in Monrovia
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Monrovia Living Index
80

Cost of Living Index in Medellin
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Medellin Living Index

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Monrovia

🇱🇷 Liberia

$1,282

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in Monrovia 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 Monrovia and in Medellin actually costs, broken down by who's living it.

A single person spends $1,282 per month in Monrovia vs $1,692 in Medellin, rent included.

Monrovia $1,282
Medellin $1,692

A couple spends around $1,894 per month in Monrovia vs $2,471 in Medellin, rent included.

Monrovia $1,894
Medellin $2,471

A family of three spends $2,506 per month in Monrovia vs $3,249 in Medellin, rent included.

Monrovia $2,506
Medellin $3,249

Monrovia is about 24% cheaper than Medellin, and outside of rent the biggest gap is in clothing.

Monrovia sits 5% below the global median, while Medellin is 25% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.42 LRD 1,258

$8.34 COP 27.0K

-11.03%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

Fast Food Meal (McDonalds, etc)

$10.84 LRD 1,837

$9.47 COP 30.7K

14.47%

Cappuccino

$3.05 LRD 516

$3.13 COP 10.2K

-2.56%

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

$2.03 LRD 344

$1.77 COP 5,728

14.69%

Water (0.33 liter bottle)

$1.97 LRD 334

$1.42 COP 4,620

38.73%

Local Beer (0.5 liter draught)

$4.09 LRD 693

$3.15 COP 10.2K

29.84%

Imported Beer (0.33 liter bottle)

$3.02 LRD 512

$5.70 COP 18.5K

-47.02%

Milk (1 liter)

$2.10 LRD 355

$1.53 COP 4,971

37.25%

White Bread (500g)

$1.74 LRD 295

$2.29 COP 7,431

-24.02%

Rice (white) (1kg)

$5.11 LRD 865

$1.94 COP 6,308

163.40%

Eggs

$3.56 LRD 602

$3.07 COP 9,945

15.96%

Local Cheese (1kg)

$7.80 LRD 1,322

$9.99 COP 32.4K

-21.92%

Chicken Fillets (1kg)

$11.62 LRD 1,968

$10.45 COP 33.9K

11.20%

Beef Round Steak (1kg)

$14.02 LRD 2,375

$13.96 COP 45.3K

0.43%

Apples (1kg)

$1.66 LRD 281

$4.05 COP 13.1K

-59.01%

Banana (1kg)

$8.49 LRD 1,439

$1.53 COP 4,957

454.90%

Oranges (1kg)

$10.13 LRD 1,715

$2.10 COP 6,825

382.38%

Tomato (1kg)

$10.82 LRD 1,833

$2.29 COP 7,439

372.49%

Potato (1kg)

$2.22 LRD 376

$2.11 COP 6,841

5.21%

Onion (1kg)

$10.82 LRD 1,832

$1.71 COP 5,543

532.75%

Lettuce (1 head)

$4.73 LRD 801

$1.17 COP 3,795

304.27%

Water (1.5 liter bottle)

$1.97 LRD 334

$1.58 COP 5,125

24.68%

Cigarettes 20 Pack (Marlboro, Camel)

$5.07 LRD 859

$3.91 COP 12.7K

29.67%

Wine (Bottle)

$6.95 LRD 1,177

$14.04 COP 45.6K

-50.50%

Local Beer (0.5 liter bottle)

$2.55 LRD 431

$1.76 COP 5,714

44.89%

Imported Beer (0.33 liter bottle)

$3.53 LRD 599

$2.71 COP 8,796

30.26%

One-way Ticket (Public Transport)

$2.97 LRD 504

$1.18 COP 3,826

151.69%

Public Transport Monthly Pass (Regular Price)

$20.30 LRD 3,439

$76.3 COP 247.4K

-73.39%

Taxi Start (Normal Tariff)

$2.06 LRD 349

$1.81 COP 5,860

13.81%

Taxi (Normal Tariff) (1km)

$1.81 LRD 306

$2.13 COP 6,906

-15.02%

Taxi 1hour Waiting (Normal Tariff)

$25.48 LRD 4,317

$8.13 COP 26.4K

213.41%

Gasoline (1 liter)

$1.25 LRD 212

$1.28 COP 4,136

-2.34%

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

$20.2K LRD 3.4M

$34.4K COP 111.7M

-41.21%

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

$14.7K LRD 2.5M

$34.1K COP 110.7M

-56.84%

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

$152 LRD 25.8K

$178 COP 576.4K

-14.22%

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

$22.35 LRD 3,787

$13.89 COP 45.0K

60.91%

Internet (50+ Mbps, Unlimited Data)

$177 LRD 29.9K

$30.74 COP 99.7K

474.69%

Gym Membership (Monthly)

$62.1 LRD 10.5K

$41.94 COP 136.0K

48.04%

Tennis Court (1 Hour on Weekend)

$9.87 LRD 1,671

$16.80 COP 54.5K

-41.25%

Cinema Ticket

$5.11 LRD 865

$7.47 COP 24.2K

-31.59%

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

$101 LRD 17.1K

$790 COP 2.6M

-87.24%

International Primary School, 1 Child (Yearly)

$991 LRD 167.9K

$12.3K COP 39.9M

-91.94%

Jeans (Levis 501 Or Similar)

$25.23 LRD 4,275

$86.3 COP 280.0K

-70.78%

Summer Dress (H&M, Zara, etc)

$32.55 LRD 5,514

$59.3 COP 192.2K

-45.07%

Sport Shoes (Adidas, Nike)

$54.1 LRD 9,163

$138 COP 448.7K

-60.90%

Men's Leather Business Shoes

$93.0 LRD 15.7K

$98.8 COP 320.5K

-5.92%

1-bedroom Apartment, City Center (Monthly)

$253 LRD 42.8K

$1,341 COP 4.3M

-81.16%

1-bedroom Apartment, Outside City Center (Monthly)

$96.8 LRD 16.4K

$667 COP 2.2M

-85.50%

3-bedroom Apartment, City Center (Monthly)

$641 LRD 108.6K

$1,976 COP 6.4M

-67.56%

3-bedroom Apartment, Outside City Center (Monthly)

$269 LRD 45.5K

$1,033 COP 3.3M

-74.00%

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$711 LRD 120.5K

$646 COP 2.1M

10.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Monrovia: November 1, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

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

Groceries & Markets

Monrovia

$455 35.5%

Medellin

$307 18.2% 32.5% $148

Monthly Utilities & Internet

Monrovia

$351 27.4%

Medellin

$222 13.1% 36.7% $129

Eating Out

Monrovia

$171 13.3%

Medellin

$173 10.2% 1% $1.6

Accommodation & Living

Monrovia

$97 7.6%

Medellin

$667 39.4% 590% $570

Clothing & Footwear

Monrovia

$92 7.2%

Medellin

$172 10.2% 86.9% $80

Sport & Entertainment

Monrovia

$72 5.6%

Medellin

$57 3.4% 21.3% $15

Getting Around

Monrovia

$43 3.4%

Medellin

$93 5.5% 116% $50

Cost Breakdown

A central one-bedroom costs $253 in Monrovia versus $1,341 in Medellin. 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 10% higher in Monrovia, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

Good to know

🇱🇷 Monrovia

🇨🇴 Medellin

🕒 Local time

09:51 9:51 AM

04:51 4:51 AM

5 h behind Monrovia

🌤 Weather

👥 Population

1,010,970 Capital

2,486,723

💱 Currency

Liberian Dollar LRD $

Colombian Peso COP $

📈 Exchange rate

1,000 LRD = 5.9 USD

1,000 LRD = 5.27 EUR

10,000 COP = 3.08 USD

10,000 COP = 2.75 EUR

Exchange rates and currency converter

COP, USD, EUR to LRD – Liberian Dollar Converter

🇺🇸 United States Dollar ($)

🇱🇷 Liberian Dollar ($)

Liberian Dollar exchange rates as of November 4, 2026: 1 USD = 169 LRD (1,000 LRD = 5.9 USD). 1 EUR = 190 LRD (1,000 LRD = 5.27 EUR).

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,636 COP (10,000 COP = 2.75 EUR).

USD to LRD in detail →

On the map

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Between locations

Monrovia Medellin 7,160 km ≈ 9 h nonstop flight

From you

Monrovia
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

Monrovia vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 32%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $1,923 per month in Monrovia and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Monrovia, especially for central apartments: a one-bedroom in the center costs $253 there versus $1,341 in Medellin.

Public transport costs about 73% less in Monrovia. For daily commuters, that gap adds up to noticeable savings over a year.

Interestingly, groceries are about 32% cheaper in Medellin – one category where the pricier city actually offers better value.

$1,000 is a stretch for both – monthly costs hit $1,282 in Monrovia and $1,692 in Medellin. You’ll need shared housing and careful budgeting no matter which city you pick.

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