Cost of Living Comparison Between Ouro Preto, Minas Gerais and Medellin Cost of Living Comparison Between Ouro Preto, Minas Gerais and Medellin

Monthly Cost of Living

A single person spends $780 per month in Ouro Preto, Minas Gerais vs $1,716 in Medellin, rent included.

A couple spends around $1,198 per month in Ouro Preto, Minas Gerais vs $2,527 in Medellin, rent included.

A family of three spends $1,616 per month in Ouro Preto, Minas Gerais vs $3,338 in Medellin, rent included.

Ouro Preto, Minas Gerais is about 55% cheaper than Medellin, driven mainly by Groceries & Markets.

Ouro Preto, Minas Gerais sits 43% below the global median, while Medellin is 25% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$4.29 R$22.01

$8.03 COP 25.1K

-46.58%

Three-Course Dinner for Two, Mid-Range

$15.50 R$79.5

$48.26 COP 151.0K

-67.88%

Fast Food Meal (McDonalds, etc)

$6.92 R$35.45

$9.77 COP 30.6K

-29.17%

Cappuccino

$1.73 R$8.85

$2.91 COP 9,107

-40.55%

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

$1.33 R$6.81

$1.94 COP 6,082

-31.44%

Water (0.33 liter bottle)

$0.56 R$2.85

$1.52 COP 4,760

-63.16%

Local Beer (0.5 liter draught)

$1.19 R$6.11

$3.09 COP 9,676

-61.49%

Imported Beer (0.33 liter bottle)

$2.33 R$11.95

$5.74 COP 18.0K

-59.41%

Milk (1 liter)

$0.98 R$5.02

$1.36 COP 4,267

-27.94%

White Bread (500g)

$1.46 R$7.50

$2.39 COP 7,470

-38.91%

Rice (white) (1kg)

$1.34 R$6.85

$1.70 COP 5,321

-21.18%

Eggs

$1.98 R$10.13

$2.87 COP 8,979

-31.01%

Local Cheese (1kg)

$8.67 R$44.41

$9.94 COP 31.1K

-12.78%

Chicken Fillets (1kg)

$3.36 R$17.24

$10.78 COP 33.7K

-68.83%

Beef Round Steak (1kg)

$9.61 R$49.23

$14.73 COP 46.1K

-34.76%

Apples (1kg)

$1.81 R$9.28

$4.09 COP 12.8K

-55.75%

Banana (1kg)

$1.15 R$5.88

$1.57 COP 4,917

-26.75%

Oranges (1kg)

$0.95 R$4.89

$2.13 COP 6,651

-55.40%

Tomato (1kg)

$1.20 R$6.15

$2.21 COP 6,926

-45.70%

Potato (1kg)

$0.62 R$3.20

$2.05 COP 6,404

-69.76%

Onion (1kg)

$0.76 R$3.92

$1.50 COP 4,706

-49.33%

Lettuce (1 head)

$0.51 R$2.63

$1.19 COP 3,723

-57.14%

Water (1.5 liter bottle)

$0.75 R$3.85

$1.16 COP 3,623

-35.34%

Cigarettes 20 Pack (Marlboro, Camel)

$1.56 R$8.02

$3.90 COP 12.2K

-60.00%

Wine (Bottle)

$5.89 R$30.19

$14.44 COP 45.2K

-59.21%

Local Beer (0.5 liter bottle)

$0.91 R$4.68

$1.58 COP 4,955

-42.41%

Imported Beer (0.33 liter bottle)

$1.33 R$6.83

$2.83 COP 8,847

-53.00%

One-way Ticket (Public Transport)

$0.98 R$5.01

$1.17 COP 3,655

-16.24%

Public Transport Monthly Pass (Regular Price)

$42.96 R$220

$77.7 COP 243.2K

-44.73%

Taxi Start (Normal Tariff)

$1.33 R$6.81

$1.28 COP 4,019

3.91%

Taxi (Normal Tariff) (1km)

$0.76 R$3.89

$2.09 COP 6,546

-63.64%

Taxi 1hour Waiting (Normal Tariff)

$3.83 R$19.64

$8.62 COP 27.0K

-55.57%

Gasoline (1 liter)

$1.25 R$6.40

$1.30 COP 4,061

-3.85%

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

$11.5K R$58.7K

$27.7K COP 86.5M

-58.58%

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

$29.0K R$148.8K

$35.5K COP 111.1M

-18.25%

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

$56.5 R$290

$176 COP 550.9K

-67.92%

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

$9.80 R$50.3

$13.37 COP 41.8K

-26.70%

Internet (50+ Mbps, Unlimited Data)

$18.53 R$95.0

$29.89 COP 93.5K

-38.01%

Gym Membership (Monthly)

$25.31 R$130

$44.76 COP 140.0K

-43.45%

Tennis Court (1 Hour on Weekend)

$27.06 R$139

$17.06 COP 53.4K

58.62%

Cinema Ticket

$6.37 R$32.64

$6.20 COP 19.4K

2.74%

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

$138 R$709

$793 COP 2.5M

-82.56%

International Primary School, 1 Child (Yearly)

$1,910 R$9,790

$9,019 COP 28.2M

-78.82%

Jeans (Levis 501 Or Similar)

$68.3 R$350

$85.6 COP 267.8K

-20.21%

Summer Dress (H&M, Zara, etc)

$80.3 R$412

$58.5 COP 182.9K

37.40%

Sport Shoes (Adidas, Nike)

$65.2 R$334

$136 COP 426.4K

-52.16%

Men's Leather Business Shoes

$46.19 R$237

$103 COP 322.6K

-55.20%

1-bedroom Apartment, City Center (Monthly)

$347 R$1,779

$1,060 COP 3.3M

-67.24%

1-bedroom Apartment, Outside City Center (Monthly)

$236 R$1,208

$680 COP 2.1M

-65.30%

3-bedroom Apartment, City Center (Monthly)

$634 R$3,250

$2,012 COP 6.3M

-68.49%

3-bedroom Apartment, Outside City Center (Monthly)

$437 R$2,239

$1,169 COP 3.7M

-62.62%

Buy Apartment in City Center (m2)

$1,827 R$9,361

$4,111 COP 12.9M

-55.57%

Buy Apartment Outside City Center (m2)

$1,159 R$5,939

$1,701 COP 5.3M

-31.88%

Average Monthly Net Salary (After Tax)

$665 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.67

10.94

-2.47%

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

Last update for Ouro Preto, Minas Gerais: August 30, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $347 in Ouro Preto, Minas Gerais versus $1,060 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $16.00 in Ouro Preto, Minas Gerais versus $48.00 in Medellin. Monthly groceries follow the same trend: $169 vs $303 – making Ouro Preto, Minas Gerais 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

Ouro Preto, Minas Gerais vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 120%, 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 $1,171 per month in Ouro Preto, Minas Gerais and $2,574 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Ouro Preto, Minas Gerais, 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 $16.00 in Ouro Preto, Minas Gerais and $48.00 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 $780 in Ouro Preto, Minas Gerais and $1,716 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 Ouro Preto, Minas Gerais, where all-in costs run around $780, than in Medellin at $1,716. In Ouro Preto, Minas Gerais it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Ouro Preto, Minas Gerais – 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 Ouro Preto, Minas Gerais. 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.