Last update: Oct 2026

Cost of Living Comparison Between Palmetto, FL and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $2,655 in Palmetto, FL, rent and utilities included – about $12,200 less a year. Rent and utilities account for most of the difference.

127

Cost of Living Index in Palmetto, FL
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Palmetto, FL Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Palmetto, FL

🇺🇸 United States

$2,655

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

A single person spends $2,655 per month in Palmetto, FL vs $1,639 in Medellin, rent included.

Palmetto, FL $2,655
Medellin $1,639

A couple spends around $3,844 per month in Palmetto, FL vs $2,413 in Medellin, rent included.

Palmetto, FL $3,844
Medellin $2,413

A family of three spends $5,033 per month in Palmetto, FL vs $3,186 in Medellin, rent included.

Palmetto, FL $5,033
Medellin $3,186

Palmetto, FL costs about 62% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Palmetto, FL and Medellin sit above the global median – Palmetto, FL by 95%, Medellin by 20%.

Meal at Budget Restaurant

$22.46 $22.46

$8.09 COP 25.4K

177.63%

Three-Course Dinner for Two, Mid-Range

$69.6 $69.6

$47.05 COP 148.0K

47.97%

Fast Food Meal (McDonalds, etc)

$11.79 $11.79

$9.50 COP 29.9K

24.11%

Cappuccino

$5.57 $5.57

$3.01 COP 9,485

85.05%

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

$2.55 $2.55

$1.80 COP 5,660

41.67%

Water (0.33 liter bottle)

$1.86 $1.86

$1.41 COP 4,443

31.91%

Local Beer (0.5 liter draught)

$6.17 $6.17

$3.18 COP 9,990

94.03%

Imported Beer (0.33 liter bottle)

$7.65 $7.65

$5.75 COP 18.1K

33.04%

Milk (1 liter)

$0.82 $0.82

$1.51 COP 4,751

-45.70%

White Bread (500g)

$3.26 $3.26

$2.38 COP 7,480

36.97%

Rice (white) (1kg)

$3.36 $3.36

$1.77 COP 5,573

89.83%

Eggs

$2.94 $2.94

$2.89 COP 9,093

1.73%

Local Cheese (1kg)

$11.99 $11.99

$10.19 COP 32.1K

17.66%

Chicken Fillets (1kg)

$13.43 $13.43

$9.87 COP 31.1K

36.07%

Beef Round Steak (1kg)

$19.49 $19.49

$13.99 COP 44.0K

39.31%

Apples (1kg)

$7.66 $7.66

$3.97 COP 12.5K

92.95%

Banana (1kg)

$1.97 $1.97

$1.55 COP 4,883

27.10%

Oranges (1kg)

$5.98 $5.98

$2.18 COP 6,867

174.31%

Tomato (1kg)

$3.31 $3.31

$2.18 COP 6,870

51.83%

Potato (1kg)

$1.83 $1.83

$1.96 COP 6,174

-6.63%

Onion (1kg)

$3.30 $3.30

$1.59 COP 5,000

107.55%

Lettuce (1 head)

$2.65 $2.65

$1.15 COP 3,604

130.43%

Water (1.5 liter bottle)

$2.16 $2.16

$1.24 COP 3,911

74.19%

Cigarettes 20 Pack (Marlboro, Camel)

$9.36 $9.36

$3.96 COP 12.5K

136.36%

Wine (Bottle)

$12.80 $12.80

$13.68 COP 43.0K

-6.43%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.66 COP 5,221

6.63%

Imported Beer (0.33 liter bottle)

$4.89 $4.89

$2.26 COP 7,103

116.37%

One-way Ticket (Public Transport)

$2.16 $2.16

$1.17 COP 3,674

84.62%

Public Transport Monthly Pass (Regular Price)

$59.7 $59.7

$77.4 COP 243.4K

-22.90%

Taxi Start (Normal Tariff)

$3.51 $3.51

$1.27 COP 3,989

176.38%

Taxi (Normal Tariff) (1km)

$1.52 $1.52

$2.05 COP 6,442

-25.85%

Taxi 1hour Waiting (Normal Tariff)

$30.36 $30.36

$8.55 COP 26.9K

255.09%

Gasoline (1 liter)

$1.01 $1.01

$1.35 COP 4,237

-25.19%

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

$27.9K $27.9K

$34.1K COP 107.2M

-18.20%

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

$25.4K $25.4K

$34.7K COP 109.1M

-26.70%

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

$236 $236

$170 COP 533.7K

38.94%

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

$37.44 $37.44

$13.55 COP 42.6K

176.31%

Internet (50+ Mbps, Unlimited Data)

$50.9 $50.9

$28.07 COP 88.3K

81.26%

Gym Membership (Monthly)

$43.55 $43.55

$43.70 COP 137.5K

-0.34%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

Cinema Ticket

$11.82 $11.82

$6.91 COP 21.7K

71.06%

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

$1,012 $1,012

$797 COP 2.5M

27.02%

International Primary School, 1 Child (Yearly)

$18.2K $18.2K

$9,112 COP 28.7M

99.94%

Jeans (Levis 501 Or Similar)

$37.95 $37.95

$84.7 COP 266.5K

-55.21%

Summer Dress (H&M, Zara, etc)

$48.98 $48.98

$58.0 COP 182.3K

-15.49%

Sport Shoes (Adidas, Nike)

$90.3 $90.3

$135 COP 424.6K

-33.08%

Men's Leather Business Shoes

$98.0 $98.0

$97.9 COP 307.9K

0.15%

1-bedroom Apartment, City Center (Monthly)

$1,573 $1,573

$1,208 COP 3.8M

30.27%

1-bedroom Apartment, Outside City Center (Monthly)

$1,304 $1,304

$642 COP 2.0M

103.25%

3-bedroom Apartment, City Center (Monthly)

$2,548 $2,548

$2,028 COP 6.4M

25.68%

3-bedroom Apartment, Outside City Center (Monthly)

$2,095 $2,095

$1,012 COP 3.2M

107.03%

Buy Apartment in City Center (m2)

$2,869 $2,869

$4,170 COP 13.1M

-31.20%

Buy Apartment Outside City Center (m2)

$2,308 $2,308

$1,910 COP 6.0M

20.81%

Average Monthly Net Salary (After Tax)

$5,434 $5,434

$657 COP 2.1M

726.86%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.6

10.94

-39.67%

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

Last update for Palmetto, FL: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Palmetto, FL

$1.3K 49.1%

Medellin

$642 39.1% 50.8% $662

Groceries & Markets

Palmetto, FL

$411 15.5%

Medellin

$297 18.1% 27.7% $114

Eating Out

Palmetto, FL

$346 13%

Medellin

$170 10.4% 50.9% $176

Monthly Utilities & Internet

Palmetto, FL

$324 12.2%

Medellin

$211 12.9% 34.8% $113

Clothing & Footwear

Palmetto, FL

$124 4.7%

Medellin

$169 10.3% 36.4% $45

Getting Around

Palmetto, FL

$79 3%

Medellin

$94 5.7% 17.9% $14

Sport & Entertainment

Palmetto, FL

$67 2.5%

Medellin

$58 3.5% 14.4% $9.7

Cost Breakdown

A central one-bedroom costs $1,573 in Palmetto, FL versus $1,208 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 in Palmetto, FL are about 8.3 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $70 in Palmetto, FL versus $47 in Medellin. Monthly groceries follow the same trend: $411 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇺🇸 Palmetto, FL

🇨🇴 Medellin

🕒 Local time

14:43 2:43 PM

13:43 1:43 PM

1 h behind Palmetto, FL

🌤 Weather

👥 Population

14,002

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.898 EUR

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

COP to USD in detail →

On the map

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Between locations

Palmetto, FL Medellin 2,480 km ≈ 3 h 30 min nonstop flight

From you

Palmetto, FL
Medellin

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

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

Palmetto, FL vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Palmetto, FL is pricier by about 62%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,983 per month in Palmetto, FL and $2,459 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments: a one-bedroom in the center costs $1,208 there versus $1,573 in Palmetto, FL.

A mid-range dinner for two costs $70 in Palmetto, FL and $47 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 $2,655 in Palmetto, FL and $1,639 in Medellin. That’s a gap of about 62%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,639, than in Palmetto, FL at $2,655. In Medellin it covers expenses comfortably, while in Palmetto, FL it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Palmetto, FL makes more sense. Both are solid long-term options with distinct trade-offs.