Cost of Living Comparison Between Panajachel and Medellin Cost of Living Comparison Between Panajachel and Medellin

😐 Solo nomad: Panajachel is 9% more expensive than Medellin without rent, and 36.3% cheaper with rent.
🙂 Family of 3: Panajachel is 3.1% cheaper than Medellin without rent, and 29.2% cheaper with rent.
Currency
🍽 Eating Out
Panajachel
Medellin
Difference
Meal at Budget Restaurant
$4.5 Q 34.59
$6.23 COP 26K
-27.77%
Three-Course Dinner for Two, Mid-Range
$32.46 Q 249
$32.34 COP 134.8K
0.37%
Fast Food Meal (McDonalds, etc)
$6.45 Q 49.58
$7.39 COP 30.8K
-12.72%
Cappuccino
$2.55 Q 19.58
$1.72 COP 7,155
48.26%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.21 Q 9.31
$1.1 COP 4,575
10.00%
Water (0.33 liter bottle)
$0.97 Q 7.46
$0.73 COP 3,060
32.88%
Local Beer (0.5 liter draught)
$2.63 Q 20.18
$1.66 COP 6,916
58.43%
Imported Beer (0.33 liter bottle)
$4.65 Q 35.71
$3.2 COP 13.3K
45.31%
🛒 Groceries & Markets
Panajachel
Medellin
Difference
Milk (1 liter)
$2.11 Q 16.2
$1.09 COP 4,552
93.58%
White Bread (500g)
$1.53 Q 11.75
$1.24 COP 5,188
23.39%
Rice (white) (1kg)
$2.11 Q 16.19
$1.33 COP 5,544
58.65%
Eggs
$1.79 Q 13.78
$2.22 COP 9,252
-19.37%
Local Cheese (1kg)
$7.64 Q 58.7
$4.55 COP 19K
67.91%
Chicken Fillets (1kg)
$8.23 Q 63.2
$5.71 COP 23.8K
44.13%
Beef Round Steak (1kg)
$10.26 Q 78.9
$8.59 COP 35.8K
19.44%
Apples (1kg)
$3.72 Q 28.57
$2.26 COP 9,410
64.60%
Banana (1kg)
$1.51 Q 11.61
$1.07 COP 4,461
41.12%
Oranges (1kg)
$3.06 Q 23.51
$1.51 COP 6,293
102.65%
Tomato (1kg)
$1.16 Q 8.92
$1.42 COP 5,911
-18.31%
Potato (1kg)
$1.09 Q 8.39
$1.11 COP 4,619
-1.80%
Onion (1kg)
$2.27 Q 17.46
$1.18 COP 4,932
92.37%
Lettuce (1 head)
$0.64 Q 4.88
$0.89 COP 3,718
-28.09%
Water (1.5 liter bottle)
$1.23 Q 9.45
$0.84 COP 3,507
46.43%
Cigarettes 20 Pack (Marlboro, Camel)
$3.58 Q 27.54
$2.35 COP 9,809
52.34%
Wine (Bottle)
$7.97 Q 61.2
$9.34 COP 38.9K
-14.67%
Local Beer (0.5 liter bottle)
$1.61 Q 12.39
$1.18 COP 4,927
36.44%
Imported Beer (0.33 liter bottle)
$2.44 Q 18.72
$2.49 COP 10.4K
-2.01%
🚌 Getting Around
Panajachel
Medellin
Difference
One-way Ticket (Public Transport)
-
$0.83 COP 3,464
-
Public Transport Monthly Pass (Regular Price)
-
$41.9 COP 174.7K
-
Taxi Start (Normal Tariff)
$5.25 Q 40.33
$1.41 COP 5,899
272.34%
Taxi (Normal Tariff) (1km)
$0.6 Q 4.62
$1.96 COP 8,164
-69.39%
Taxi 1hour Waiting (Normal Tariff)
$15.8 Q 121
$7.85 COP 32.7K
101.27%
Gasoline (1 liter)
$1.12 Q 8.62
$1.02 COP 4,265
9.80%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.3K Q 148.4K
$17.6K COP 73.4M
9.75%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.1K Q 192.8K
$26.2K COP 109.2M
-4.20%
🧾 Monthly Utilities & Internet
Panajachel
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$33.15 Q 255
$82.5 COP 344.1K
-59.83%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.59 Q 204
$9.44 COP 39.4K
181.67%
Internet (50+ Mbps, Unlimited Data)
$47.99 Q 369
$23.51 COP 98K
104.13%
🎉 Sport & Entertainment
Panajachel
Medellin
Difference
Gym Membership (Monthly)
-
$25.68 COP 107.1K
-
Tennis Court (1 Hour on Weekend)
-
$19.14 COP 79.8K
-
Cinema Ticket
$7.31 Q 56.2
$3.96 COP 16.5K
84.60%
🧸 Childcare & Education
Panajachel
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$245 Q 1,886
$305 COP 1.3M
-19.48%
International Primary School, 1 Child (Yearly)
$5,859 Q 45K
$5,925 COP 24.7M
-1.11%
👕👟 Clothing & Footwear
Panajachel
Medellin
Difference
Jeans (Levis 501 Or Similar)
$49.79 Q 383
$57.9 COP 241.4K
-14.01%
Summer Dress (H&M, Zara, etc)
$53.6 Q 412
$31.59 COP 131.7K
69.58%
Sport Shoes (Adidas, Nike)
$114 Q 877
$103 COP 430.1K
10.68%
Men's Leather Business Shoes
$124 Q 950
$106 COP 440.5K
17.07%
🏠 Accommodation & Living
Panajachel
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
-
$489 COP 2M
-
1-bedroom Apartment, Outside City Center (Monthly)
-
$379 COP 1.6M
-
3-bedroom Apartment, City Center (Monthly)
-
$827 COP 3.4M
-
3-bedroom Apartment, Outside City Center (Monthly)
-
$729 COP 3M
-
Buy Apartment in City Center (m2)
-
$2,190 COP 9.1M
-
Buy Apartment Outside City Center (m2)
-
$1,532 COP 6.4M
-
💵 Salaries & Financials
Panajachel
Medellin
Difference
Average Monthly Net Salary (After Tax)
-
$550 COP 2.3M
-
20-Year Fixed Mortgage Interest Rate (Annual %)
8.9
13.43
-33.73%

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

Last update for Panajachel: October 27, 2025

Last update for Medellin: October 28, 2025

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