🙂A single person spends $1,239 per month in New Taipei City vs $1,681 in Medellin, rent included.
🙂A couple spends around $2,038 per month in New Taipei City vs $2,445 in Medellin, rent included.
🙂A family of three spends $2,837 per month in New Taipei City vs $3,210 in Medellin, rent included.
🙂New Taipei City is about 26% cheaper than Medellin, driven mainly by Groceries & Markets.
📊New Taipei City sits 9% below the global median, while Medellin is 23% above – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
New Taipei City
Medellin
Difference
Meal at Budget Restaurant
$4.70NT$150
$8.02COP 25.3K
-41.40%
Three-Course Dinner for Two, Mid-Range
$31.51NT$1,003
$47.87COP 151.0K
-34.18%
Fast Food Meal(McDonalds, etc)
$5.23NT$167
$9.89COP 31.2K
-47.12%
Cappuccino
$2.24NT$71.3
$3.13COP 9,873
-28.43%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.88NT$28.06
$1.91COP 6,019
-53.93%
Water(0.33 liter bottle)
$0.56NT$17.95
$1.51COP 4,763
-62.91%
Local Beer(0.5 liter draught)
$1.67NT$53.3
$3.12COP 9,853
-46.47%
Imported Beer(0.33 liter bottle)
$2.45NT$78.1
$5.75COP 18.1K
-57.39%
🛒 Groceries & Markets
New Taipei City
Medellin
Difference
Milk(1 liter)
$3.08NT$98.2
$1.44COP 4,558
113.89%
White Bread(500g)
$1.82NT$57.8
$2.49COP 7,843
-26.91%
Rice(white)(1kg)
$2.20NT$70.0
$1.77COP 5,595
24.29%
Eggs
$2.19NT$69.6
$2.96COP 9,336
-26.01%
Local Cheese(1kg)
$25.19NT$802
$10.07COP 31.8K
150.15%
Chicken Fillets(1kg)
$10.60NT$338
$10.12COP 31.9K
4.74%
Beef Round Steak(1kg)
$18.94NT$603
$14.30COP 45.1K
32.45%
Apples(1kg)
$4.13NT$131
$4.14COP 13.0K
-0.24%
Banana(1kg)
$2.44NT$77.8
$1.61COP 5,073
51.55%
Oranges(1kg)
$2.81NT$89.7
$2.25COP 7,083
24.89%
Tomato(1kg)
$3.99NT$127
$2.25COP 7,104
77.33%
Potato(1kg)
$4.02NT$128
$2.04COP 6,444
97.06%
Onion(1kg)
$2.07NT$66.1
$1.54COP 4,842
34.42%
Lettuce(1 head)
$1.64NT$52.1
$1.17COP 3,691
40.17%
Water(1.5 liter bottle)
$1.04NT$33.18
$1.31COP 4,121
-20.61%
Cigarettes 20 Pack(Marlboro, Camel)
$4.46NT$142
$3.90COP 12.3K
14.36%
Wine(Bottle)
$8.89NT$283
$14.01COP 44.2K
-36.55%
Local Beer(0.5 liter bottle)
$1.49NT$47.31
$1.74COP 5,498
-14.37%
Imported Beer(0.33 liter bottle)
$2.01NT$64.0
$2.87COP 9,053
-29.97%
🚌 Getting Around
New Taipei City
Medellin
Difference
One-way Ticket(Public Transport)
$0.82NT$26.20
$1.22COP 3,834
-32.79%
Public Transport Monthly Pass(Regular Price)
$37.92NT$1,208
$80.5COP 253.9K
-52.88%
Taxi Start(Normal Tariff)
$2.82NT$89.9
$1.31COP 4,129
115.27%
Taxi(Normal Tariff)(1km)
$0.99NT$31.63
$2.19COP 6,899
-54.79%
Taxi 1hour Waiting(Normal Tariff)
$9.69NT$309
$8.71COP 27.5K
11.25%
Gasoline(1 liter)
$1.01NT$32.02
$1.37COP 4,306
-26.28%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$33.9KNT$1.1M
$27.8KCOP 87.8M
21.89%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.4KNT$776.1K
$35.8KCOP 112.8M
-31.88%
🧾 Monthly Utilities & Internet
New Taipei City
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$112NT$3,560
$177COP 559.3K
-36.96%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$16.69NT$532
$13.88COP 43.8K
20.24%
Internet(50+ Mbps, Unlimited Data)
$22.96NT$731
$29.72COP 93.8K
-22.75%
🎉 Sport & Entertainment
New Taipei City
Medellin
Difference
Gym Membership(Monthly)
$39.29NT$1,251
$44.88COP 141.6K
-12.46%
Tennis Court(1 Hour on Weekend)
$7.78NT$248
$17.12COP 54.0K
-54.56%
Cinema Ticket
$12.64NT$402
$6.65COP 21.0K
90.08%
🧸 Childcare & Education
New Taipei City
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$650NT$20.7K
$813COP 2.6M
-20.02%
International Primary School, 1 Child(Yearly)
$21.2KNT$676.5K
$9,187COP 29.0M
131.20%
👕👟 Clothing & Footwear
New Taipei City
Medellin
Difference
Jeans(Levis 501 Or Similar)
$35.16NT$1,120
$89.5COP 282.3K
-60.71%
Summer Dress(H&M, Zara, etc)
$31.25NT$995
$59.0COP 186.0K
-47.01%
Sport Shoes(Adidas, Nike)
$93.8NT$2,987
$138COP 435.9K
-32.15%
Men's Leather Business Shoes
$99.4NT$3,164
$102COP 322.1K
-2.72%
🏠 Accommodation & Living
New Taipei City
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
$646NT$20.6K
$1,062COP 3.3M
-39.17%
1-bedroom Apartment, Outside City Center(Monthly)
$340NT$10.8K
$663COP 2.1M
-48.67%
3-bedroom Apartment, City Center(Monthly)
$1,396NT$44.5K
$1,888COP 6.0M
-26.06%
3-bedroom Apartment, Outside City Center(Monthly)
$926NT$29.5K
$1,027COP 3.2M
-9.88%
Buy Apartment in City Center(m2)
$12.4KNT$394.5K
$4,183COP 13.2M
196.11%
Buy Apartment Outside City Center(m2)
$7,248NT$230.9K
$1,675COP 5.3M
332.84%
💵 Salaries & Financials
New Taipei City
Medellin
Difference
Average Monthly Net Salary(After Tax)
$1,391NT$44.3K
$678COP 2.1M
105.26%
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: September 12, 2026
Last update for Medellin: September 14, 2026
Cost Breakdown
🏠A central one-bedroom costs $646 in New Taipei City versus $1,062 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 105% higher in New Taipei City, 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 $32.00 in New Taipei City versus $48.00 in Medellin. Groceries tell a different story – $383 in New Taipei City vs $305 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.
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
Is Medellin cheaper than New Taipei City?
Yes – Medellin is pricier by about 36%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,859 per month in New Taipei City and $2,521 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in New Taipei City, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in New Taipei City or in Medellin?
A mid-range dinner for two costs $32.00 in New Taipei City and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in New Taipei City and in Medellin?
Monthly expenses with rent come to $1,239 in New Taipei City and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $2,000 a realistic budget for living in New Taipei City or in Medellin?
A $2,000 monthly budget goes further in New Taipei City, where all-in costs run around $1,239, than in Medellin at $1,681. In New Taipei City it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is New Taipei City or Medellin more family-friendly?
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.
Which city is safer, New Taipei City or Medellin?
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.
Which city is the better choice to relocate to?
If budget matters most, go with New Taipei City. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.
New Taipei City vs other spots: cost of living compared