Cost of Living Comparison Between Palermo and Medellin Cost of Living Comparison Between Palermo and Medellin

😐 Solo nomad: Palermo is 25% more expensive than Medellin without rent, and 4.4% cheaper with rent.
😐 Family of 3: Palermo is 18.8% more expensive than Medellin without rent, and 3.8% more expensive with rent.
Currency
🍽 Eating Out
Palermo
Medellin
Difference
Meal at Budget Restaurant
$10.43 ARS 12.4K
$6.23 COP 26K
67.42%
Three-Course Dinner for Two, Mid-Range
$33.33 ARS 39.6K
$32.34 COP 134.8K
3.06%
Fast Food Meal (McDonalds, etc)
$9.08 ARS 10.8K
$7.39 COP 30.8K
22.87%
Cappuccino
$2.78 ARS 3,296
$1.72 COP 7,155
61.63%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.66 ARS 1,966
$1.1 COP 4,575
50.91%
Water (0.33 liter bottle)
$1.54 ARS 1,829
$0.73 COP 3,060
110.96%
Local Beer (0.5 liter draught)
$2.16 ARS 2,563
$1.66 COP 6,916
30.12%
Imported Beer (0.33 liter bottle)
$2.94 ARS 3,497
$3.2 COP 13.3K
-8.13%
🛒 Groceries & Markets
Palermo
Medellin
Difference
Milk (1 liter)
$1.29 ARS 1,536
$1.09 COP 4,552
18.35%
White Bread (500g)
$1.59 ARS 1,886
$1.24 COP 5,188
28.23%
Rice (white) (1kg)
$2.04 ARS 2,425
$1.33 COP 5,544
53.38%
Eggs
$2.17 ARS 2,575
$2.22 COP 9,252
-2.25%
Local Cheese (1kg)
$9.96 ARS 11.8K
$4.55 COP 19K
118.90%
Chicken Fillets (1kg)
$6.04 ARS 7,175
$5.71 COP 23.8K
5.78%
Beef Round Steak (1kg)
$9.64 ARS 11.4K
$8.59 COP 35.8K
12.22%
Apples (1kg)
$2.01 ARS 2,392
$2.26 COP 9,410
-11.06%
Banana (1kg)
$2.16 ARS 2,562
$1.07 COP 4,461
101.87%
Oranges (1kg)
$1.26 ARS 1,492
$1.51 COP 6,293
-16.56%
Tomato (1kg)
$2.6 ARS 3,087
$1.42 COP 5,911
83.10%
Potato (1kg)
$1.15 ARS 1,362
$1.11 COP 4,619
3.60%
Onion (1kg)
$1.25 ARS 1,488
$1.18 COP 4,932
5.93%
Lettuce (1 head)
$1.3 ARS 1,547
$0.89 COP 3,718
46.07%
Water (1.5 liter bottle)
$1.45 ARS 1,719
$0.84 COP 3,507
72.62%
Cigarettes 20 Pack (Marlboro, Camel)
$3.16 ARS 3,758
$2.35 COP 9,809
34.47%
Wine (Bottle)
$4.88 ARS 5,796
$9.34 COP 38.9K
-47.75%
Local Beer (0.5 liter bottle)
$2.04 ARS 2,426
$1.18 COP 4,927
72.88%
Imported Beer (0.33 liter bottle)
$3.19 ARS 3,786
$2.49 COP 10.4K
28.11%
🚌 Getting Around
Palermo
Medellin
Difference
One-way Ticket (Public Transport)
$0.77 ARS 915
$0.83 COP 3,464
-7.23%
Public Transport Monthly Pass (Regular Price)
-
$41.9 COP 174.7K
-
Taxi Start (Normal Tariff)
$1.54 ARS 1,831
$1.41 COP 5,899
9.22%
Taxi (Normal Tariff) (1km)
$0.87 ARS 1,030
$1.96 COP 8,164
-55.61%
Taxi 1hour Waiting (Normal Tariff)
$5.95 ARS 7,061
$7.85 COP 32.7K
-24.20%
Gasoline (1 liter)
$1.1 ARS 1,305
$1.02 COP 4,265
7.84%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.4K ARS 32.5M
$17.6K COP 73.4M
55.45%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.5K ARS 36.2M
$26.2K COP 109.2M
16.40%
🧾 Monthly Utilities & Internet
Palermo
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$68.2 ARS 81K
$82.5 COP 344.1K
-17.36%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$16.85 ARS 20K
$9.44 COP 39.4K
78.50%
Internet (50+ Mbps, Unlimited Data)
$22.26 ARS 26.4K
$23.51 COP 98K
-5.32%
🎉 Sport & Entertainment
Palermo
Medellin
Difference
Gym Membership (Monthly)
$26.24 ARS 31.2K
$25.68 COP 107.1K
2.18%
Tennis Court (1 Hour on Weekend)
$14.02 ARS 16.7K
$19.14 COP 79.8K
-26.75%
Cinema Ticket
$6.03 ARS 7,158
$3.96 COP 16.5K
52.27%
🧸 Childcare & Education
Palermo
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$223 ARS 264.8K
$305 COP 1.3M
-26.83%
International Primary School, 1 Child (Yearly)
$2,731 ARS 3.2M
$5,925 COP 24.7M
-53.91%
👕👟 Clothing & Footwear
Palermo
Medellin
Difference
Jeans (Levis 501 Or Similar)
$73.5 ARS 87.2K
$57.9 COP 241.4K
26.89%
Summer Dress (H&M, Zara, etc)
$69.2 ARS 82.2K
$31.59 COP 131.7K
119.03%
Sport Shoes (Adidas, Nike)
$115 ARS 137.1K
$103 COP 430.1K
11.90%
Men's Leather Business Shoes
$112 ARS 132.7K
$106 COP 440.5K
5.77%
🏠 Accommodation & Living
Palermo
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$342 ARS 406K
$489 COP 2M
-30.14%
1-bedroom Apartment, Outside City Center (Monthly)
$234 ARS 277.5K
$379 COP 1.6M
-38.34%
3-bedroom Apartment, City Center (Monthly)
$669 ARS 794.7K
$827 COP 3.4M
-19.08%
3-bedroom Apartment, Outside City Center (Monthly)
$540 ARS 641.7K
$729 COP 3M
-25.88%
Buy Apartment in City Center (m2)
$2,093 ARS 2.5M
$2,190 COP 9.1M
-4.41%
Buy Apartment Outside City Center (m2)
$1,764 ARS 2.1M
$1,532 COP 6.4M
15.12%
💵 Salaries & Financials
Palermo
Medellin
Difference
Average Monthly Net Salary (After Tax)
-
$550 COP 2.3M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
58.5
13.43
335.59%

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

Last update for Palermo: October 27, 2025

Last update for Medellin: October 28, 2025

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