Cost of Living Comparison Between New Taipei City and Medellin Cost of Living Comparison Between New Taipei City and Medellin

Monthly Cost of Living

A single person spends $1,362 per month in New Taipei City vs $1,017 in Medellin, rent included.

A couple spends around $2,269 per month in New Taipei City vs $1,602 in Medellin, rent included.

A family of three spends $3,175 per month in New Taipei City vs $2,188 in Medellin, rent included.

New Taipei City costs about 34% more than Medellin, driven mainly by Groceries & Markets.

New Taipei City sits 1% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$5.04 NT$159

$5.95 COP 20.8K

-15.29%

Three-Course Dinner for Two, Mid-Range

$34.47 NT$1,090

$33.33 COP 116.3K

3.42%

Fast Food Meal (McDonalds, etc)

$5.84 NT$185

$7.23 COP 25.2K

-19.23%

Cappuccino

$2.92 NT$92.4

$1.63 COP 5,687

79.14%

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

$0.94 NT$29.73

$1.09 COP 3,821

-13.76%

Water (0.33 liter bottle)

$0.73 NT$23.22

$0.73 COP 2,548

Local Beer (0.5 liter draught)

$2.04 NT$64.4

$1.74 COP 6,065

17.24%

Imported Beer (0.33 liter bottle)

$2.64 NT$83.4

$3.23 COP 11.3K

-18.27%

Milk (1 liter)

$3.21 NT$101

$1.05 COP 3,662

205.71%

White Bread (500g)

$1.91 NT$60.4

$1.29 COP 4,515

48.06%

Rice (white) (1kg)

$3.03 NT$95.9

$1.32 COP 4,617

129.55%

Eggs

$2.99 NT$94.5

$2.27 COP 7,927

31.72%

Local Cheese (1kg)

$20.14 NT$637

$4.35 COP 15.2K

362.99%

Chicken Fillets (1kg)

$8.84 NT$279

$5.88 COP 20.5K

50.34%

Beef Round Steak (1kg)

$19.89 NT$629

$8.61 COP 30.0K

131.01%

Apples (1kg)

$4.53 NT$143

$2.25 COP 7,844

101.33%

Banana (1kg)

$2.57 NT$81.3

$1.07 COP 3,733

140.19%

Oranges (1kg)

$2.67 NT$84.3

$1.52 COP 5,322

75.66%

Tomato (1kg)

$4.25 NT$134

$1.42 COP 4,964

199.30%

Potato (1kg)

$2.85 NT$90.1

$1.17 COP 4,084

143.59%

Onion (1kg)

$2.28 NT$72.2

$1.17 COP 4,077

94.87%

Lettuce (1 head)

$2.03 NT$64.2

$0.89 COP 3,096

128.09%

Water (1.5 liter bottle)

$1.28 NT$40.54

$0.90 COP 3,146

42.22%

Cigarettes 20 Pack (Marlboro, Camel)

$4.11 NT$130

$2.25 COP 7,837

82.67%

Wine (Bottle)

$9.12 NT$288

$11.04 COP 38.5K

-17.39%

Local Beer (0.5 liter bottle)

$1.66 NT$52.5

$1.14 COP 3,977

45.61%

Imported Beer (0.33 liter bottle)

$2.44 NT$77.0

$2.38 COP 8,301

2.52%

One-way Ticket (Public Transport)

$0.65 NT$20.66

$0.84 COP 2,916

-22.62%

Public Transport Monthly Pass (Regular Price)

$41.25 NT$1,304

$41.95 COP 146.4K

-1.67%

Taxi Start (Normal Tariff)

$2.80 NT$88.4

$1.41 COP 4,912

98.58%

Taxi (Normal Tariff) (1km)

$0.72 NT$22.86

$1.90 COP 6,634

-62.11%

Taxi 1hour Waiting (Normal Tariff)

$10.19 NT$322

$7.75 COP 27.0K

31.48%

Gasoline (1 liter)

$1.07 NT$33.95

$1.01 COP 3,509

5.94%

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

$37.8K NT$1.2M

$17.6K COP 61.4M

115.17%

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

$27.2K NT$858.9K

$26.5K COP 92.5M

2.55%

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

$97.4 NT$3,079

$83.7 COP 292.1K

16.41%

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

$24.30 NT$768

$9.45 COP 33.0K

157.14%

Internet (50+ Mbps, Unlimited Data)

$24.30 NT$768

$24.11 COP 84.1K

0.79%

Gym Membership (Monthly)

$39.91 NT$1,262

$25.31 COP 88.3K

57.68%

Tennis Court (1 Hour on Weekend)

$16.82 NT$532

$19.14 COP 66.8K

-12.12%

Cinema Ticket

$11.99 NT$379

$4.10 COP 14.3K

192.44%

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

$625 NT$19.7K

$312 COP 1.1M

100.20%

International Primary School, 1 Child (Yearly)

$19.0K NT$601.9K

$5,993 COP 20.9M

217.68%

Jeans (Levis 501 Or Similar)

$76.6 NT$2,420

$58.0 COP 202.6K

31.89%

Summer Dress (H&M, Zara, etc)

$34.58 NT$1,093

$32.56 COP 113.6K

6.20%

Sport Shoes (Adidas, Nike)

$91.8 NT$2,901

$99.6 COP 347.7K

-7.88%

Men's Leather Business Shoes

$122 NT$3,843

$109 COP 378.8K

12.00%

1-bedroom Apartment, City Center (Monthly)

$653 NT$20.6K

$482 COP 1.7M

35.35%

1-bedroom Apartment, Outside City Center (Monthly)

$464 NT$14.7K

$379 COP 1.3M

22.24%

3-bedroom Apartment, City Center (Monthly)

$1,693 NT$53.5K

$837 COP 2.9M

102.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,074 NT$34.0K

$723 COP 2.5M

48.60%

Buy Apartment in City Center (m2)

$12.7K NT$402.2K

$2,840 COP 9.9M

348.07%

Buy Apartment Outside City Center (m2)

$7,441 NT$235.2K

$1,223 COP 4.3M

508.40%

Average Monthly Net Salary (After Tax)

$1,400 NT$44.3K

$541 COP 1.9M

158.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.19

13.43

-83.69%

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

Last update for New Taipei City: June 9, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $653 in New Taipei City versus $482 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 159% higher in New Taipei City, 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 $34.00 in New Taipei City versus $33.00 in Medellin. Monthly groceries follow the same trend: $378 vs $190 – making Medellin 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

New Taipei City vs Medellin: Cost of Living - Frequently Asked Questions

Yes – New Taipei City is pricier by about 34%, 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 $2,043 per month in New Taipei City and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, 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 $34.00 in New Taipei City and $33.00 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 $1,362 in New Taipei City and $1,017 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,017, than in New Taipei City at $1,362. In Medellin it covers expenses comfortably, while in New Taipei City it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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