Cost of Living Comparison Between Parsippany-Troy Hills, NJ and Medellin Cost of Living Comparison Between Parsippany-Troy Hills, NJ and Medellin

Monthly Cost of Living

A single person spends $2,593 per month in Parsippany-Troy Hills, NJ vs $1,716 in Medellin, rent included.

A couple spends around $3,961 per month in Parsippany-Troy Hills, NJ vs $2,527 in Medellin, rent included.

A family of three spends $5,329 per month in Parsippany-Troy Hills, NJ vs $3,338 in Medellin, rent included.

Parsippany-Troy Hills, NJ costs about 51% more than Medellin, driven mainly by Eating Out.

Both Parsippany-Troy Hills, NJ and Medellin sit above the global median – Parsippany-Troy Hills, NJ by 89%, Medellin by 25%.

Meal at Budget Restaurant

$15.12 $15.12

$8.03 COP 25.1K

88.29%

Three-Course Dinner for Two, Mid-Range

$70.1 $70.1

$48.26 COP 150.8K

45.25%

Fast Food Meal (McDonalds, etc)

$12.18 $12.18

$9.77 COP 30.5K

24.67%

Cappuccino

$4.40 $4.40

$2.91 COP 9,095

51.20%

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

$2.55 $2.55

$1.94 COP 6,074

31.44%

Water (0.33 liter bottle)

$1.53 $1.53

$1.52 COP 4,754

0.66%

Local Beer (0.5 liter draught)

$7.32 $7.32

$3.09 COP 9,663

136.89%

Imported Beer (0.33 liter bottle)

$7.16 $7.16

$5.74 COP 17.9K

24.74%

Milk (1 liter)

$1.13 $1.13

$1.36 COP 4,262

-16.91%

White Bread (500g)

$4.38 $4.38

$2.39 COP 7,460

83.26%

Rice (white) (1kg)

$2.64 $2.64

$1.70 COP 5,314

55.29%

Eggs

$3.47 $3.47

$2.87 COP 8,967

20.91%

Local Cheese (1kg)

$13.25 $13.25

$9.94 COP 31.1K

33.30%

Chicken Fillets (1kg)

$6.50 $6.50

$10.78 COP 33.7K

-39.70%

Beef Round Steak (1kg)

$14.21 $14.21

$14.73 COP 46.0K

-3.53%

Apples (1kg)

$2.57 $2.57

$4.09 COP 12.8K

-37.16%

Banana (1kg)

$1.20 $1.20

$1.57 COP 4,911

-23.57%

Oranges (1kg)

$2.69 $2.69

$2.13 COP 6,642

26.29%

Tomato (1kg)

$2.95 $2.95

$2.21 COP 6,917

33.48%

Potato (1kg)

$2.23 $2.23

$2.05 COP 6,396

8.78%

Onion (1kg)

$2.21 $2.21

$1.50 COP 4,700

47.33%

Lettuce (1 head)

$1.02 $1.02

$1.19 COP 3,718

-14.29%

Water (1.5 liter bottle)

$0.52 $0.52

$1.16 COP 3,619

-55.17%

Cigarettes 20 Pack (Marlboro, Camel)

$11.12 $11.12

$3.90 COP 12.2K

185.13%

Wine (Bottle)

$14.82 $14.82

$14.44 COP 45.1K

2.63%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$1.58 COP 4,948

11.39%

Imported Beer (0.33 liter bottle)

$1.95 $1.95

$2.83 COP 8,836

-31.10%

One-way Ticket (Public Transport)

$4.09 $4.09

$1.17 COP 3,650

249.57%

Public Transport Monthly Pass (Regular Price)

$68.9 $68.9

$77.7 COP 242.9K

-11.35%

Taxi Start (Normal Tariff)

$1.94 $1.94

$1.28 COP 4,014

51.56%

Taxi (Normal Tariff) (1km)

$2.13 $2.13

$2.09 COP 6,537

1.91%

Taxi 1hour Waiting (Normal Tariff)

$41.25 $41.25

$8.62 COP 26.9K

378.54%

Gasoline (1 liter)

$0.84 $0.84

$1.30 COP 4,056

-35.38%

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

$35.0K $35.0K

$27.7K COP 86.4M

26.42%

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

$25.1K $25.1K

$35.5K COP 110.9M

-29.24%

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

$171 $171

$176 COP 550.1K

-3.15%

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

$45.37 $45.37

$13.37 COP 41.8K

239.34%

Internet (50+ Mbps, Unlimited Data)

$39.52 $39.52

$29.89 COP 93.4K

32.22%

Gym Membership (Monthly)

$24.58 $24.58

$44.76 COP 139.8K

-45.08%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.3K

Cinema Ticket

$12.22 $12.22

$6.20 COP 19.4K

97.10%

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

$1,729 $1,729

$793 COP 2.5M

117.99%

International Primary School, 1 Child (Yearly)

$16.1K $16.1K

$9,019 COP 28.2M

78.02%

Jeans (Levis 501 Or Similar)

$32.54 $32.54

$85.6 COP 267.5K

-61.99%

Summer Dress (H&M, Zara, etc)

$47.03 $47.03

$58.5 COP 182.7K

-19.57%

Sport Shoes (Adidas, Nike)

$87.8 $87.8

$136 COP 425.9K

-35.57%

Men's Leather Business Shoes

$131 $131

$103 COP 322.2K

26.63%

1-bedroom Apartment, City Center (Monthly)

$1,883 $1,883

$1,060 COP 3.3M

77.74%

1-bedroom Apartment, Outside City Center (Monthly)

$1,505 $1,505

$680 COP 2.1M

121.54%

3-bedroom Apartment, City Center (Monthly)

$3,355 $3,355

$2,012 COP 6.3M

66.74%

3-bedroom Apartment, Outside City Center (Monthly)

$2,777 $2,777

$1,169 COP 3.7M

137.68%

Buy Apartment in City Center (m2)

$3,067 $3,067

$4,111 COP 12.8M

-25.41%

Buy Apartment Outside City Center (m2)

$2,437 $2,437

$1,701 COP 5.3M

43.26%

Average Monthly Net Salary (After Tax)

$7,210 $7,210

$665 COP 2.1M

983.77%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.3

10.94

-42.41%

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

Last update for Parsippany-Troy Hills, NJ: August 30, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,883 in Parsippany-Troy Hills, NJ versus $1,060 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 984% higher in Parsippany-Troy Hills, NJ, 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 $70.0 in Parsippany-Troy Hills, NJ versus $48.00 in Medellin. Monthly groceries follow the same trend: $304 vs $303 – making Medellin the more affordable choice for daily food spending.

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

Parsippany-Troy Hills, NJ vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Parsippany-Troy Hills, NJ is pricier by about 51%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,889 per month in Parsippany-Troy Hills, NJ and $2,574 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $70.0 in Parsippany-Troy Hills, NJ and $48.00 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 $2,593 in Parsippany-Troy Hills, NJ and $1,716 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,716, than in Parsippany-Troy Hills, NJ at $2,593. In Medellin it covers expenses comfortably, while in Parsippany-Troy Hills, NJ 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.

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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Parsippany-Troy Hills, NJ makes more sense. Both are solid long-term options with distinct trade-offs.