Cost of Living Comparison Between Paro and Medellin Cost of Living Comparison Between Paro and Medellin

Monthly Cost of Living

A single person spends $147 per month in Paro vs $1,017 in Medellin, rent included.

A couple spends around $182 per month in Paro vs $1,602 in Medellin, rent included.

A family of three spends $217 per month in Paro vs $2,188 in Medellin, rent included.

Paro is about 86% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Paro and Medellin are more affordable than the global median – Paro 89% lower, Medellin 24% lower.

Meal at Budget Restaurant

$5.95 COP 20.8K

Three-Course Dinner for Two, Mid-Range

$33.33 COP 116.3K

Fast Food Meal (McDonalds, etc)

$7.23 COP 25.2K

Cappuccino

$1.63 COP 5,687

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

$1.09 COP 3,821

Water (0.33 liter bottle)

$0.73 COP 2,548

Local Beer (0.5 liter draught)

$1.74 COP 6,065

Imported Beer (0.33 liter bottle)

$3.23 COP 11.3K

Milk (1 liter)

$1.05 COP 3,662

White Bread (500g)

$1.29 COP 4,515

Rice (white) (1kg)

$1.32 COP 4,617

Eggs

$2.27 COP 7,927

Local Cheese (1kg)

$4.35 COP 15.2K

Chicken Fillets (1kg)

$5.88 COP 20.5K

Beef Round Steak (1kg)

$8.61 COP 30.0K

Apples (1kg)

$2.25 COP 7,844

Banana (1kg)

$1.07 COP 3,733

Oranges (1kg)

$1.52 COP 5,322

Tomato (1kg)

$1.42 COP 4,964

Potato (1kg)

$1.17 COP 4,084

Onion (1kg)

$1.17 COP 4,077

Lettuce (1 head)

$0.89 COP 3,096

Water (1.5 liter bottle)

$0.90 COP 3,146

Cigarettes 20 Pack (Marlboro, Camel)

$2.25 COP 7,837

Wine (Bottle)

$11.04 COP 38.5K

Local Beer (0.5 liter bottle)

$1.14 COP 3,977

Imported Beer (0.33 liter bottle)

$2.38 COP 8,301

One-way Ticket (Public Transport)

$0.84 COP 2,916

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$1.41 COP 4,912

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

Gasoline (1 liter)

$1.01 COP 3,509

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

$17.6K COP 61.4M

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

$26.5K COP 92.5M

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

$83.7 COP 292.1K

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

$9.45 COP 33.0K

Internet (50+ Mbps, Unlimited Data)

$24.11 COP 84.1K

Gym Membership (Monthly)

$25.31 COP 88.3K

Tennis Court (1 Hour on Weekend)

$3.57 BTN 301

$19.14 COP 66.8K

-81.35%

Cinema Ticket

$4.10 COP 14.3K

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

$312 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

Jeans (Levis 501 Or Similar)

$58.0 COP 202.6K

Summer Dress (H&M, Zara, etc)

$32.56 COP 113.6K

Sport Shoes (Adidas, Nike)

$99.6 COP 347.7K

Men's Leather Business Shoes

$109 COP 378.8K

1-bedroom Apartment, City Center (Monthly)

$197 BTN 16.7K

$482 COP 1.7M

-59.09%

1-bedroom Apartment, Outside City Center (Monthly)

$149 BTN 12.5K

$379 COP 1.3M

-60.84%

3-bedroom Apartment, City Center (Monthly)

$248 BTN 20.9K

$837 COP 2.9M

-70.45%

3-bedroom Apartment, Outside City Center (Monthly)

$213 BTN 18.0K

$723 COP 2.5M

-70.54%

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

Average Monthly Net Salary (After Tax)

$566 BTN 47.8K

$541 COP 1.9M

4.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Paro: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $197 in Paro versus $482 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 5% higher in Paro, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

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

Paro vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 591%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $221 per month in Paro and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Paro, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A $2,000 monthly budget goes further in Paro, where all-in costs run around $147, than in Medellin at $1,017. In Paro it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Paro. 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.