Last update: Oct 2026

Cost of Living Comparison Between New Taipei City and Medellin

For one person, living is cheaper in New Taipei City: $1,185 a month against $1,639 in Medellin, rent and utilities included – about $5,400 less a year. Rent and utilities account for most of the difference.

57

Cost of Living Index in New Taipei City
Learn more

New Taipei City Living Index
79

Cost of Living Index in Medellin
Learn more

Medellin Living Index

Jump to prices

New Taipei City

🇹🇼 Taiwan

$1,185

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

A single person spends $1,185 per month in New Taipei City vs $1,639 in Medellin, rent included.

New Taipei City $1,185
Medellin $1,639

A couple spends around $1,998 per month in New Taipei City vs $2,413 in Medellin, rent included.

New Taipei City $1,998
Medellin $2,413

A family of three spends $2,810 per month in New Taipei City vs $3,186 in Medellin, rent included.

New Taipei City $2,810
Medellin $3,186

New Taipei City is about 28% cheaper than Medellin, and outside of rent the biggest gap is in eating out.

New Taipei City sits 13% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.67 NT$152

$8.09 COP 26.1K

-42.27%

Three-Course Dinner for Two, Mid-Range

$30.83 NT$1,005

$47.05 COP 151.9K

-34.47%

Fast Food Meal (McDonalds, etc)

$5.18 NT$169

$9.50 COP 30.7K

-45.47%

Cappuccino

$2.31 NT$75.4

$3.01 COP 9,735

-23.26%

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

$0.82 NT$26.80

$1.80 COP 5,809

-54.44%

Water (0.33 liter bottle)

$0.53 NT$17.19

$1.41 COP 4,561

-62.41%

Local Beer (0.5 liter draught)

$1.58 NT$51.7

$3.18 COP 10.3K

-50.31%

Imported Beer (0.33 liter bottle)

$2.43 NT$79.3

$5.75 COP 18.6K

-57.74%

Milk (1 liter)

$3.13 NT$102

$1.51 COP 4,876

107.28%

White Bread (500g)

$1.85 NT$60.4

$2.38 COP 7,678

-22.27%

Rice (white) (1kg)

$2.13 NT$69.6

$1.77 COP 5,720

20.34%

Eggs

$2.15 NT$70.1

$2.89 COP 9,333

-25.61%

Local Cheese (1kg)

$24.36 NT$794

$10.19 COP 32.9K

139.06%

Chicken Fillets (1kg)

$10.65 NT$347

$9.87 COP 31.9K

7.90%

Beef Round Steak (1kg)

$18.90 NT$616

$13.99 COP 45.2K

35.10%

Apples (1kg)

$4.01 NT$131

$3.97 COP 12.8K

1.01%

Banana (1kg)

$2.49 NT$81.2

$1.55 COP 5,012

60.65%

Oranges (1kg)

$2.76 NT$89.9

$2.18 COP 7,048

26.61%

Tomato (1kg)

$4.01 NT$131

$2.18 COP 7,051

83.94%

Potato (1kg)

$3.96 NT$129

$1.96 COP 6,337

102.04%

Onion (1kg)

$2.08 NT$67.8

$1.59 COP 5,132

30.82%

Lettuce (1 head)

$1.59 NT$51.9

$1.15 COP 3,699

38.26%

Water (1.5 liter bottle)

$1.01 NT$32.93

$1.24 COP 4,014

-18.55%

Cigarettes 20 Pack (Marlboro, Camel)

$4.30 NT$140

$3.96 COP 12.8K

8.59%

Wine (Bottle)

$9.16 NT$299

$13.68 COP 44.2K

-33.04%

Local Beer (0.5 liter bottle)

$1.36 NT$44.40

$1.66 COP 5,359

-18.07%

Imported Beer (0.33 liter bottle)

$2.28 NT$74.3

$2.26 COP 7,291

0.88%

One-way Ticket (Public Transport)

$0.63 NT$20.66

$1.17 COP 3,771

-46.15%

Public Transport Monthly Pass (Regular Price)

$37.16 NT$1,212

$77.4 COP 249.8K

-51.97%

Taxi Start (Normal Tariff)

$2.66 NT$86.7

$1.27 COP 4,094

109.45%

Taxi (Normal Tariff) (1km)

$0.94 NT$30.71

$2.05 COP 6,612

-54.15%

Taxi 1hour Waiting (Normal Tariff)

$9.35 NT$305

$8.55 COP 27.6K

9.36%

Gasoline (1 liter)

$0.99 NT$32.28

$1.35 COP 4,349

-26.67%

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

$33.2K NT$1.1M

$34.1K COP 110.0M

-2.65%

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

$23.6K NT$768.0K

$34.7K COP 111.9M

-32.07%

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

$112 NT$3,650

$170 COP 547.8K

-34.02%

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

$16.63 NT$542

$13.55 COP 43.8K

22.73%

Internet (50+ Mbps, Unlimited Data)

$23.01 NT$750

$28.07 COP 90.6K

-18.03%

Gym Membership (Monthly)

$37.65 NT$1,227

$43.70 COP 141.1K

-13.84%

Tennis Court (1 Hour on Weekend)

$7.72 NT$252

$17.19 COP 55.5K

-55.09%

Cinema Ticket

$10.65 NT$347

$6.91 COP 22.3K

54.12%

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

$634 NT$20.7K

$797 COP 2.6M

-20.46%

International Primary School, 1 Child (Yearly)

$21.0K NT$683.8K

$9,112 COP 29.4M

130.15%

Jeans (Levis 501 Or Similar)

$35.02 NT$1,142

$84.7 COP 273.5K

-58.66%

Summer Dress (H&M, Zara, etc)

$31.03 NT$1,012

$58.0 COP 187.2K

-46.46%

Sport Shoes (Adidas, Nike)

$89.3 NT$2,910

$135 COP 435.8K

-33.87%

Men's Leather Business Shoes

$98.2 NT$3,202

$97.9 COP 316.0K

0.36%

1-bedroom Apartment, City Center (Monthly)

$613 NT$20.0K

$1,208 COP 3.9M

-49.29%

1-bedroom Apartment, Outside City Center (Monthly)

$335 NT$10.9K

$642 COP 2.1M

-47.84%

3-bedroom Apartment, City Center (Monthly)

$1,377 NT$44.9K

$2,028 COP 6.5M

-32.11%

3-bedroom Apartment, Outside City Center (Monthly)

$920 NT$30.0K

$1,012 COP 3.3M

-9.04%

Buy Apartment in City Center (m2)

$10.2K NT$331.8K

$4,170 COP 13.5M

143.99%

Buy Apartment Outside City Center (m2)

$5,980 NT$195.0K

$1,910 COP 6.2M

213.04%

Average Monthly Net Salary (After Tax)

$1,359 NT$44.3K

$657 COP 2.1M

106.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.81

10.94

-74.31%

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

Last update for New Taipei City: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Groceries & Markets

New Taipei City

$380 32.1%

Medellin

$297 18.1% 21.9% $83

Accommodation & Living

New Taipei City

$335 28.2%

Medellin

$642 39.1% 91.7% $307

Monthly Utilities & Internet

New Taipei City

$152 12.8%

Medellin

$211 12.9% 39.4% $60

Clothing & Footwear

New Taipei City

$114 9.6%

Medellin

$169 10.3% 48.1% $55

Eating Out

New Taipei City

$99 8.3%

Medellin

$170 10.4% 71.6% $71

Sport & Entertainment

New Taipei City

$59 5%

Medellin

$58 3.5% 2.4% $1.4

Getting Around

New Taipei City

$47 4%

Medellin

$94 5.7% 98.8% $46

Cost Breakdown

A central one-bedroom costs $613 in New Taipei City 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 New Taipei City are about 2.1 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $31 in New Taipei City versus $47 in Medellin. Groceries tell a different story – $380 in New Taipei City vs $297 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

Good to know

🇹🇼 New Taipei City

🇨🇴 Medellin

🕒 Local time

18:16 6:16 PM

05:16 5:16 AM

13 h behind New Taipei City

🌤 Weather

👥 Population

4,004,367

2,486,723

💱 Currency

New Taiwan Dollar TWD NT$

Colombian Peso COP $

📈 Exchange rate

100 TWD = 3.07 USD

100 TWD = 2.75 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

Exchange rates and currency converter

COP, USD, EUR to TWD – New Taiwan Dollar Converter

🇺🇸 United States Dollar ($)

🇹🇼 New Taiwan Dollar (NT$)

New Taiwan Dollar exchange rates as of November 2, 2026: 1 USD = 32.61 TWD (100 TWD = 3.07 USD). 1 EUR = 36.39 TWD (100 TWD = 2.75 EUR).

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,603 COP (10,000 COP = 2.78 EUR).

USD to TWD in detail →

On the map

Lowest

Highest

Between locations

New Taipei City Medellin 16,090 km ≈ 21 h nonstop flight

From you

New Taipei City
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

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

Yes – Medellin is pricier by about 38%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $1,778 per month in New Taipei City 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 New Taipei City, especially for central apartments: a one-bedroom in the center costs $613 there versus $1,208 in Medellin.

A mid-range dinner for two costs $31 in New Taipei City 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 $1,185 in New Taipei City and $1,639 in Medellin. That makes New Taipei City about 28% cheaper.

$2,000 covers both cities comfortably – all-in costs are $1,185 in New Taipei City and $1,639 in Medellin, leaving budget for savings and extras in both cases.

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