Last update: Oct 2026

Cost of Living Comparison Between Monza and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,021 in Monza, rent and utilities included – about $4,600 less a year. Other living expenses account for most of the difference.

98

Cost of Living Index in Monza
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Monza Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Monza

🇮🇹 Italy

$2,021

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

A single person spends $2,021 per month in Monza vs $1,639 in Medellin, rent included.

Monza $2,021
Medellin $1,639

A couple spends around $3,136 per month in Monza vs $2,413 in Medellin, rent included.

Monza $3,136
Medellin $2,413

A family of three spends $4,252 per month in Monza vs $3,186 in Medellin, rent included.

Monza $4,252
Medellin $3,186

Monza costs about 23% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Monza and Medellin sit above the global median – Monza by 48%, Medellin by 20%.

Meal at Budget Restaurant

$21.91 €19.65

$8.09 COP 25.3K

170.83%

Three-Course Dinner for Two, Mid-Range

$90.6 €81.3

$47.05 COP 147.2K

92.58%

Fast Food Meal (McDonalds, etc)

$11.06 €9.92

$9.50 COP 29.7K

16.42%

Cappuccino

$1.80 €1.62

$3.01 COP 9,433

-40.20%

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

$3.61 €3.23

$1.80 COP 5,629

100.56%

Water (0.33 liter bottle)

$1.29 €1.16

$1.41 COP 4,419

-8.51%

Local Beer (0.5 liter draught)

$5.53 €4.96

$3.18 COP 9,935

73.90%

Imported Beer (0.33 liter bottle)

$6.11 €5.48

$5.75 COP 18.0K

6.26%

Milk (1 liter)

$1.45 €1.30

$1.51 COP 4,724

-3.97%

White Bread (500g)

$2.26 €2.03

$2.38 COP 7,439

-5.04%

Rice (white) (1kg)

$3.54 €3.17

$1.77 COP 5,542

100.00%

Eggs

$3.40 €3.05

$2.89 COP 9,043

17.65%

Local Cheese (1kg)

$22.77 €20.42

$10.19 COP 31.9K

123.45%

Chicken Fillets (1kg)

$13.94 €12.50

$9.87 COP 30.9K

41.24%

Beef Round Steak (1kg)

$22.69 €20.36

$13.99 COP 43.8K

62.19%

Apples (1kg)

$2.71 €2.43

$3.97 COP 12.4K

-31.74%

Banana (1kg)

$1.78 €1.59

$1.55 COP 4,856

14.84%

Oranges (1kg)

$3.26 €2.92

$2.18 COP 6,829

49.54%

Tomato (1kg)

$3.26 €2.93

$2.18 COP 6,832

49.54%

Potato (1kg)

$2.10 €1.88

$1.96 COP 6,140

7.14%

Onion (1kg)

$1.98 €1.78

$1.59 COP 4,973

24.53%

Lettuce (1 head)

$1.81 €1.63

$1.15 COP 3,584

57.39%

Water (1.5 liter bottle)

$0.66 €0.59

$1.24 COP 3,889

-46.77%

Cigarettes 20 Pack (Marlboro, Camel)

$6.65 €5.96

$3.96 COP 12.4K

67.93%

Wine (Bottle)

$5.55 €4.98

$13.68 COP 42.8K

-59.43%

Local Beer (0.5 liter bottle)

$1.90 €1.70

$1.66 COP 5,193

14.46%

Imported Beer (0.33 liter bottle)

$2.21 €1.98

$2.26 COP 7,064

-2.21%

One-way Ticket (Public Transport)

$2.95 €2.65

$1.17 COP 3,654

152.14%

Public Transport Monthly Pass (Regular Price)

$66.0 €59.2

$77.4 COP 242.1K

-14.73%

Taxi Start (Normal Tariff)

$7.89 €7.08

$1.27 COP 3,967

521.26%

Taxi (Normal Tariff) (1km)

$1.22 €1.09

$2.05 COP 6,406

-40.49%

Taxi 1hour Waiting (Normal Tariff)

$34.21 €30.69

$8.55 COP 26.8K

300.12%

Gasoline (1 liter)

$2.02 €1.81

$1.35 COP 4,214

49.63%

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

$36.6K €32.8K

$34.1K COP 106.6M

7.38%

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

$35.7K €32.1K

$34.7K COP 108.5M

3.07%

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

$195 €175

$170 COP 530.8K

14.93%

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

$10.31 €9.25

$13.55 COP 42.4K

-23.91%

Internet (50+ Mbps, Unlimited Data)

$27.59 €24.75

$28.07 COP 87.8K

-1.71%

Gym Membership (Monthly)

$47.27 €42.40

$43.70 COP 136.7K

8.17%

Tennis Court (1 Hour on Weekend)

$38.42 €34.47

$17.19 COP 53.8K

123.50%

Cinema Ticket

$12.86 €11.54

$6.91 COP 21.6K

86.11%

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

$877 €787

$797 COP 2.5M

10.15%

International Primary School, 1 Child (Yearly)

$18.8K €16.9K

$9,112 COP 28.5M

106.33%

Jeans (Levis 501 Or Similar)

$90.9 €81.5

$84.7 COP 265.0K

7.26%

Summer Dress (H&M, Zara, etc)

$45.37 €40.69

$58.0 COP 181.3K

-21.72%

Sport Shoes (Adidas, Nike)

$110 €98.8

$135 COP 422.2K

-18.36%

Men's Leather Business Shoes

$163 €146

$97.9 COP 306.2K

66.15%

1-bedroom Apartment, City Center (Monthly)

$1,022 €916

$1,208 COP 3.8M

-15.42%

1-bedroom Apartment, Outside City Center (Monthly)

$775 €695

$642 COP 2.0M

20.77%

3-bedroom Apartment, City Center (Monthly)

$1,920 €1,722

$2,028 COP 6.3M

-5.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,294 €1,161

$1,012 COP 3.2M

27.87%

Buy Apartment in City Center (m2)

$4,300 €3,857

$4,170 COP 13.0M

3.10%

Buy Apartment Outside City Center (m2)

$2,927 €2,626

$1,910 COP 6.0M

53.23%

Average Monthly Net Salary (After Tax)

$1,951 €1,750

$657 COP 2.1M

196.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.62

10.94

-66.91%

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

Last update for Monza: October 25, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Monza

$775 38.3%

Medellin

$642 39.1% 17.2% $133

Groceries & Markets

Monza

$375 18.6%

Medellin

$297 18.1% 20.8% $78

Eating Out

Monza

$290 14.3%

Medellin

$170 10.4% 41.4% $120

Monthly Utilities & Internet

Monza

$233 11.5%

Medellin

$211 12.9% 9.3% $22

Clothing & Footwear

Monza

$184 9.1%

Medellin

$169 10.3% 8.2% $15

Getting Around

Monza

$92 4.5%

Medellin

$94 5.7% 2% $1.8

Sport & Entertainment

Monza

$73 3.6%

Medellin

$58 3.5% 21.2% $15

Cost Breakdown

A central one-bedroom costs $1,022 in Monza 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.

Salaries in Monza are about 3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $91 in Monza versus $47 in Medellin. Monthly groceries follow the same trend: $375 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇮🇹 Monza

🇨🇴 Medellin

🕒 Local time

09:19 9:19 AM

03:19 3:19 AM

6 h behind Monza

🌤 Weather

👥 Population

120,204

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.11 USD

10,000 COP = 3.2 USD

10,000 COP = 2.87 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 28, 2026: 1 USD = 0.897 EUR (1 EUR = 1.11 USD).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,129 COP (10,000 COP = 3.2 USD). 1 EUR = 3,482 COP (10,000 COP = 2.87 EUR).

USD to EUR in detail →

On the map

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Between locations

Monza Medellin 9,110 km ≈ 12 h nonstop flight

From you

Monza
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

Monza vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Monza is pricier by about 23%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,031 per month in Monza 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 Monza, especially for central apartments: a one-bedroom in the center costs $1,022 there versus $1,208 in Medellin.

A mid-range dinner for two costs $91 in Monza and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,021 in Monza and $1,639 in Medellin. That’s a gap of about 23%.

$2,500 covers both cities comfortably – all-in costs are $2,021 in Monza and $1,639 in Medellin, leaving budget for savings and extras in both cases.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,639 in Medellin to $2,021 in Monza. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Monza makes more sense. Both are solid long-term options with distinct trade-offs.