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

Monthly Cost of Living

A single person spends $150 per month in Paro vs $1,034 in Medellin, rent included.

A couple spends around $184 per month in Paro vs $1,577 in Medellin, rent included.

A family of three spends $217 per month in Paro vs $2,120 in Medellin, rent included.

Paro is about 85% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Paro and Medellin are more affordable than the global median – Paro 89% lower, Medellin 23% lower.

Meal at Budget Restaurant

$5.92 COP 21.5K

Three-Course Dinner for Two, Mid-Range

$32.75 COP 119.1K

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.2K

Cappuccino

$1.70 COP 6,186

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

$1.10 COP 3,996

Water (0.33 liter bottle)

$0.72 COP 2,625

Local Beer (0.5 liter draught)

$1.67 COP 6,067

Imported Beer (0.33 liter bottle)

$3.10 COP 11.3K

Milk (1 liter)

$1.06 COP 3,837

White Bread (500g)

$1.25 COP 4,531

Rice (white) (1kg)

$1.39 COP 5,060

Eggs

$2.26 COP 8,229

Local Cheese (1kg)

$4.33 COP 15.8K

Chicken Fillets (1kg)

$5.84 COP 21.2K

Beef Round Steak (1kg)

$8.83 COP 32.1K

Apples (1kg)

$2.24 COP 8,159

Banana (1kg)

$1.08 COP 3,911

Oranges (1kg)

$1.53 COP 5,563

Tomato (1kg)

$1.37 COP 4,987

Potato (1kg)

$1.13 COP 4,109

Onion (1kg)

$1.12 COP 4,067

Lettuce (1 head)

$0.85 COP 3,080

Water (1.5 liter bottle)

$0.91 COP 3,305

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,477

Wine (Bottle)

$11.13 COP 40.5K

Local Beer (0.5 liter bottle)

$1.19 COP 4,342

Imported Beer (0.33 liter bottle)

$2.37 COP 8,617

One-way Ticket (Public Transport)

$0.79 COP 2,859

Public Transport Monthly Pass (Regular Price)

$41.13 COP 149.6K

Taxi Start (Normal Tariff)

$1.44 COP 5,223

Taxi (Normal Tariff) (1km)

$1.91 COP 6,952

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 29.2K

Gasoline (1 liter)

$0.94 COP 3,410

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

$17.9K COP 65.2M

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

$26.8K COP 97.4M

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

$84.0 COP 305.4K

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

$9.60 COP 34.9K

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.9K

Gym Membership (Monthly)

$25.88 COP 94.1K

Tennis Court (1 Hour on Weekend)

$3.47 BTN 328

$19.04 COP 69.3K

-81.78%

Cinema Ticket

$3.92 COP 14.2K

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

$306 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,919 COP 21.5M

Jeans (Levis 501 Or Similar)

$57.9 COP 210.6K

Summer Dress (H&M, Zara, etc)

$31.82 COP 115.7K

Sport Shoes (Adidas, Nike)

$99.9 COP 363.3K

Men's Leather Business Shoes

$107 COP 389.7K

1-bedroom Apartment, City Center (Monthly)

$198 BTN 18.7K

$487 COP 1.8M

-59.38%

1-bedroom Apartment, Outside City Center (Monthly)

$151 BTN 14.3K

$368 COP 1.3M

-58.91%

3-bedroom Apartment, City Center (Monthly)

$243 BTN 23.0K

$826 COP 3.0M

-70.59%

3-bedroom Apartment, Outside City Center (Monthly)

$217 BTN 20.5K

$716 COP 2.6M

-69.72%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$580 BTN 54.9K

$546 COP 2.0M

6.38%

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: April 26, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $198 in Paro versus $487 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 6% 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 588%, 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 $225 per month in Paro and $1,550 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 $150, than in Medellin at $1,034. 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.