Last update: Oct 2026

Cost of Living Comparison Between Palma Soriano and Medellin

For one person, living costs are similar in Palma Soriano and in Medellin: $1,565 and $1,625 a month, rent and utilities included.

75

Cost of Living Index in Palma Soriano
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Palma Soriano Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Palma Soriano

🇨🇺 Cuba

$1,565

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

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

A single person spends $1,565 per month in Palma Soriano vs $1,625 in Medellin, rent included.

Palma Soriano $1,565
Medellin $1,625

A couple spends around $1,874 per month in Palma Soriano vs $2,412 in Medellin, rent included.

Palma Soriano $1,874
Medellin $2,412

A family of three spends $2,183 per month in Palma Soriano vs $3,199 in Medellin, rent included.

Palma Soriano $2,183
Medellin $3,199

Palma Soriano is about 4% cheaper than Medellin, and outside of rent the biggest gap is in utilities.

Both Palma Soriano and Medellin sit above the global median – Palma Soriano by 16%, Medellin by 20%.

Meal at Budget Restaurant

$4.86 CUP 117

$8.30 COP 26.3K

-41.45%

Three-Course Dinner for Two, Mid-Range

$24.89 CUP 597

$46.91 COP 148.7K

-46.94%

Fast Food Meal (McDonalds, etc)

$4.88 CUP 117

$9.24 COP 29.3K

-47.19%

Cappuccino

$3.16 CUP 75.7

$3.05 COP 9,676

3.61%

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

$1.26 CUP 30.25

$1.80 COP 5,707

-30.00%

Water (0.33 liter bottle)

$0.89 CUP 21.27

$1.38 COP 4,382

-35.51%

Local Beer (0.5 liter draught)

$3.07 CUP 73.7

$3.24 COP 10.3K

-5.25%

Imported Beer (0.33 liter bottle)

$2.47 CUP 59.3

$5.56 COP 17.6K

-55.58%

Milk (1 liter)

$2.03 CUP 48.71

$1.50 COP 4,760

35.33%

White Bread (500g)

$1.47 CUP 35.25

$2.37 COP 7,508

-37.97%

Rice (white) (1kg)

$1.01 CUP 24.31

$1.70 COP 5,377

-40.59%

Eggs

$1.22 CUP 29.17

$2.96 COP 9,379

-58.78%

Local Cheese (1kg)

$5.83 CUP 140

$10.22 COP 32.4K

-42.95%

Chicken Fillets (1kg)

$6.08 CUP 146

$9.74 COP 30.9K

-37.58%

Beef Round Steak (1kg)

$11.21 CUP 269

$13.90 COP 44.1K

-19.35%

Apples (1kg)

$1.88 CUP 45.07

$4.13 COP 13.1K

-54.48%

Banana (1kg)

$1.19 CUP 28.55

$1.53 COP 4,839

-22.22%

Oranges (1kg)

$1.46 CUP 34.96

$2.22 COP 7,052

-34.23%

Tomato (1kg)

$1.53 CUP 36.71

$2.27 COP 7,194

-32.60%

Potato (1kg)

$0.97 CUP 23.29

$1.99 COP 6,311

-51.26%

Onion (1kg)

$0.99 CUP 23.69

$1.67 COP 5,285

-40.72%

Lettuce (1 head)

$1.02 CUP 24.52

$1.18 COP 3,742

-13.56%

Water (1.5 liter bottle)

$1.12 CUP 26.84

$1.24 COP 3,919

-9.68%

Cigarettes 20 Pack (Marlboro, Camel)

$2.97 CUP 71.3

$3.87 COP 12.3K

-23.26%

Wine (Bottle)

$10.01 CUP 240

$13.78 COP 43.7K

-27.36%

Local Beer (0.5 liter bottle)

$3.03 CUP 72.8

$1.66 COP 5,256

82.53%

Imported Beer (0.33 liter bottle)

$1.98 CUP 47.48

$2.40 COP 7,615

-17.50%

One-way Ticket (Public Transport)

$0.24 CUP 5.72

$1.24 COP 3,944

-80.65%

Public Transport Monthly Pass (Regular Price)

$30.36 CUP 729

$78.2 COP 248.0K

-61.18%

Taxi Start (Normal Tariff)

$1.84 CUP 44.14

$1.28 COP 4,044

43.75%

Taxi (Normal Tariff) (1km)

$0.34 CUP 8.05

$2.15 COP 6,803

-84.19%

Taxi 1hour Waiting (Normal Tariff)

$13.16 CUP 316

$8.37 COP 26.5K

57.23%

Gasoline (1 liter)

$1.18 CUP 28.34

$1.35 COP 4,288

-12.59%

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

$65.4K CUP 1.6M

$34.8K COP 110.2M

88.13%

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

$46.5K CUP 1.1M

$34.7K COP 110.0M

34.18%

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

$55.8 CUP 1,340

$167 COP 528.4K

-66.50%

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

$9.81 CUP 235

$13.62 COP 43.2K

-27.97%

Internet (50+ Mbps, Unlimited Data)

$145 CUP 3,484

$29.12 COP 92.3K

398.52%

Gym Membership (Monthly)

$40.02 CUP 961

$45.09 COP 143.0K

-11.24%

Tennis Court (1 Hour on Weekend)

$9.83 CUP 236

$17.18 COP 54.5K

-42.78%

Cinema Ticket

$1.02 CUP 24.49

$6.97 COP 22.1K

-85.37%

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

$100 CUP 2,403

$790 COP 2.5M

-87.33%

International Primary School, 1 Child (Yearly)

$11.8K CUP 283.6K

$9,041 COP 28.7M

30.68%

Jeans (Levis 501 Or Similar)

$65.2 CUP 1,565

$87.8 COP 278.4K

-25.73%

Summer Dress (H&M, Zara, etc)

$34.94 CUP 838

$58.2 COP 184.4K

-39.91%

Sport Shoes (Adidas, Nike)

$85.5 CUP 2,051

$139 COP 440.7K

-38.51%

Men's Leather Business Shoes

$111 CUP 2,660

$98.9 COP 313.5K

12.10%

1-bedroom Apartment, City Center (Monthly)

$875 CUP 21.0K

$1,028 COP 3.3M

-14.91%

1-bedroom Apartment, Outside City Center (Monthly)

$807 CUP 19.4K

$620 COP 2.0M

30.27%

3-bedroom Apartment, City Center (Monthly)

$757 CUP 18.2K

$1,881 COP 6.0M

-59.76%

3-bedroom Apartment, Outside City Center (Monthly)

$656 CUP 15.7K

$1,008 COP 3.2M

-34.88%

Buy Apartment in City Center (m2)

$322 CUP 7,725

$3,988 COP 12.6M

-91.93%

Buy Apartment Outside City Center (m2)

$324 CUP 7,785

$1,702 COP 5.4M

-80.94%

Average Monthly Net Salary (After Tax)

$39.94 CUP 959

$663 COP 2.1M

-93.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.33

10.94

-23.86%

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

Last update for Palma Soriano: October 18, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Palma Soriano

$807 51.6%

Medellin

$619 38.1% 23.2% $188

Groceries & Markets

Palma Soriano

$217 13.9%

Medellin

$298 18.3% 37.3% $81

Monthly Utilities & Internet

Palma Soriano

$211 13.5%

Medellin

$209 12.9% 0.7% $1.4

Clothing & Footwear

Palma Soriano

$133 8.5%

Medellin

$173 10.6% 29.5% $39

Eating Out

Palma Soriano

$120 7.7%

Medellin

$171 10.5% 42.1% $51

Sport & Entertainment

Palma Soriano

$42 2.7%

Medellin

$59 3.6% 40.3% $17

Getting Around

Palma Soriano

$35 2.2%

Medellin

$95 5.9% 173% $60

Cost Breakdown

A central one-bedroom costs $875 in Palma Soriano versus $1,028 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 1561% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $25.00 in Palma Soriano versus $47.00 in Medellin. Monthly groceries follow the same trend: $217 vs $298 – making Palma Soriano the more affordable choice for daily food spending.

Good to know

🇨🇺 Palma Soriano

🇨🇴 Medellin

🕒 Local time

12:02 12:02 PM

11:02 11:02 AM

1 h behind Palma Soriano

🌤 Weather

👥 Population

74,930

2,486,723

💱 Currency

Cuban Peso CUP $

Colombian Peso COP $

📈 Exchange rate

100 CUP = 4.17 USD

100 CUP = 3.71 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD, EUR to CUP – Cuban Peso Converter

🇺🇸 United States Dollar ($)

🇨🇺 Cuban Peso ($)

Cuban Peso exchange rates as of October 24, 2026: 1 USD = 24 CUP (100 CUP = 4.17 USD). 1 EUR = 26.98 CUP (100 CUP = 3.71 EUR).

Colombian Peso exchange rates as of October 24, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to CUP in detail →

On the map

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Highest

Between locations

Palma Soriano Medellin 1,550 km ≈ 2 h 30 min nonstop flight

From you

Palma Soriano
Medellin

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated March 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Palma Soriano vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 4%, and outside of rent the gap shows up most in utilities.

For a comfortable life, plan on about $2,348 per month in Palma Soriano and $2,437 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Palma Soriano, 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 $25.00 in Palma Soriano and $47.00 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 $1,565 in Palma Soriano and $1,625 in Medellin. That's a gap of about 4%.

A $1,000 monthly budget goes further in Palma Soriano, where all-in costs run around $1,565, than in Medellin at $1,625. In Palma Soriano it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

If budget matters most, go with Palma Soriano. 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.