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

😐 Solo nomad: Palermo is 54.7% more expensive than Medellin without rent, and 55.1% more expensive with rent.
😐 Family of 3: Palermo is 63.8% more expensive than Medellin without rent, and 54.4% more expensive with rent.
Currency
🍽 Eating Out
Palermo
Medellin
Difference
Meal at Budget Restaurant
$14.13 €12.2
$6.23 COP 26K
126.81%
Three-Course Dinner for Two, Mid-Range
$58.4 €50.4
$32.34 COP 134.8K
80.58%
Fast Food Meal (McDonalds, etc)
$11.54 €9.96
$7.39 COP 30.8K
56.16%
Cappuccino
$2.09 €1.8
$1.72 COP 7,155
21.51%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.26 €1.96
$1.1 COP 4,575
105.45%
Water (0.33 liter bottle)
$1.2 €1.04
$0.73 COP 3,060
64.38%
Local Beer (0.5 liter draught)
$5.76 €4.97
$1.66 COP 6,916
246.99%
Imported Beer (0.33 liter bottle)
$4.04 €3.48
$3.2 COP 13.3K
26.25%
🛒 Groceries & Markets
Palermo
Medellin
Difference
Milk (1 liter)
$1.41 €1.22
$1.09 COP 4,552
29.36%
White Bread (500g)
$2.15 €1.86
$1.24 COP 5,188
73.39%
Rice (white) (1kg)
$2.84 €2.45
$1.33 COP 5,544
113.53%
Eggs
$3.47 €3
$2.22 COP 9,252
56.31%
Local Cheese (1kg)
$14.84 €12.82
$4.55 COP 19K
226.15%
Chicken Fillets (1kg)
$12.98 €11.2
$5.71 COP 23.8K
127.32%
Beef Round Steak (1kg)
$17.76 €15.33
$8.59 COP 35.8K
106.75%
Apples (1kg)
$2.75 €2.37
$2.26 COP 9,410
21.68%
Banana (1kg)
$2.35 €2.03
$1.07 COP 4,461
119.63%
Oranges (1kg)
$3.02 €2.61
$1.51 COP 6,293
100.00%
Tomato (1kg)
$3.04 €2.62
$1.42 COP 5,911
114.08%
Potato (1kg)
$1.77 €1.53
$1.11 COP 4,619
59.46%
Onion (1kg)
$1.24 €1.07
$1.18 COP 4,932
5.08%
Lettuce (1 head)
$1.86 €1.61
$0.89 COP 3,718
108.99%
Water (1.5 liter bottle)
$0.42 €0.36
$0.84 COP 3,507
-50.00%
Cigarettes 20 Pack (Marlboro, Camel)
$6.8 €5.88
$2.35 COP 9,809
189.36%
Wine (Bottle)
$8.04 €6.94
$9.34 COP 38.9K
-13.92%
Local Beer (0.5 liter bottle)
$2.24 €1.93
$1.18 COP 4,927
89.83%
Imported Beer (0.33 liter bottle)
$3.05 €2.63
$2.49 COP 10.4K
22.49%
🚌 Getting Around
Palermo
Medellin
Difference
One-way Ticket (Public Transport)
$1.57 €1.36
$0.83 COP 3,464
89.16%
Public Transport Monthly Pass (Regular Price)
$36.58 €31.59
$41.9 COP 174.7K
-12.70%
Taxi Start (Normal Tariff)
$4.56 €3.94
$1.41 COP 5,899
223.40%
Taxi (Normal Tariff) (1km)
$1.46 €1.26
$1.96 COP 8,164
-25.51%
Taxi 1hour Waiting (Normal Tariff)
$45.94 €39.67
$7.85 COP 32.7K
485.22%
Gasoline (1 liter)
$2.01 €1.74
$1.02 COP 4,265
97.06%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.7K €30.9K
$17.6K COP 73.4M
103.06%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.7K €26.5K
$26.2K COP 109.2M
17.11%
🧾 Monthly Utilities & Internet
Palermo
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$231 €199
$82.5 COP 344.1K
179.72%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$14.48 €12.5
$9.44 COP 39.4K
53.39%
Internet (50+ Mbps, Unlimited Data)
$28.52 €24.63
$23.51 COP 98K
21.31%
🎉 Sport & Entertainment
Palermo
Medellin
Difference
Gym Membership (Monthly)
$44.66 €38.56
$25.68 COP 107.1K
73.91%
Tennis Court (1 Hour on Weekend)
$33.29 €28.74
$19.14 COP 79.8K
73.93%
Cinema Ticket
$9.85 €8.51
$3.96 COP 16.5K
148.74%
🧸 Childcare & Education
Palermo
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$387 €335
$305 COP 1.3M
27.12%
International Primary School, 1 Child (Yearly)
$10.9K €9,428
$5,925 COP 24.7M
84.30%
👕👟 Clothing & Footwear
Palermo
Medellin
Difference
Jeans (Levis 501 Or Similar)
$89.2 €77
$57.9 COP 241.4K
54.09%
Summer Dress (H&M, Zara, etc)
$30.91 €26.68
$31.59 COP 131.7K
-2.15%
Sport Shoes (Adidas, Nike)
$91.5 €79
$103 COP 430.1K
-11.31%
Men's Leather Business Shoes
$131 €113
$106 COP 440.5K
23.73%
🏠 Accommodation & Living
Palermo
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$739 €638
$489 COP 2M
50.93%
1-bedroom Apartment, Outside City Center (Monthly)
$492 €424
$379 COP 1.6M
29.71%
3-bedroom Apartment, City Center (Monthly)
$1,008 €870
$827 COP 3.4M
21.90%
3-bedroom Apartment, Outside City Center (Monthly)
$803 €694
$729 COP 3M
10.19%
Buy Apartment in City Center (m2)
$4,235 €3,657
$2,190 COP 9.1M
93.39%
Buy Apartment Outside City Center (m2)
$1,755 €1,515
$1,532 COP 6.4M
14.49%
💵 Salaries & Financials
Palermo
Medellin
Difference
Average Monthly Net Salary (After Tax)
$1,534 €1,324
$550 COP 2.3M
178.93%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.72
13.43
-64.85%

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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