Cost of Living Comparison Between Perast and Medellin Cost of Living Comparison Between Perast and Medellin

Monthly Cost of Living

A single person spends $1,289 per month in Perast vs $1,030 in Medellin, rent included.

A couple spends around $1,961 per month in Perast vs $1,586 in Medellin, rent included.

A family of three spends $2,634 per month in Perast vs $2,143 in Medellin, rent included.

Perast costs about 25% more than Medellin, driven mainly by Eating Out.

Both Perast and Medellin are more affordable than the global median – Perast 4% lower, Medellin 23% lower.

Meal at Budget Restaurant

$9.72 €8.30

$5.92 COP 21.2K

64.19%

Three-Course Dinner for Two, Mid-Range

$46.31 €39.50

$33.17 COP 118.7K

39.61%

Fast Food Meal (McDonalds, etc)

$9.34 €7.96

$7.25 COP 25.9K

28.83%

Cappuccino

$2.12 €1.80

$1.71 COP 6,137

23.98%

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

$2.24 €1.91

$1.09 COP 3,915

105.50%

Water (0.33 liter bottle)

$1.42 €1.21

$0.77 COP 2,743

84.42%

Local Beer (0.5 liter draught)

$2.81 €2.40

$1.75 COP 6,254

60.57%

Imported Beer (0.33 liter bottle)

$3.54 €3.02

$3.18 COP 11.4K

11.32%

Milk (1 liter)

$1.30 €1.11

$1.06 COP 3,792

22.64%

White Bread (500g)

$0.99 €0.84

$1.30 COP 4,657

-23.85%

Rice (white) (1kg)

$1.78 €1.52

$1.38 COP 4,926

28.99%

Eggs

$3.10 €2.65

$2.21 COP 7,908

40.27%

Local Cheese (1kg)

$8.63 €7.36

$4.52 COP 16.2K

90.93%

Chicken Fillets (1kg)

$7.47 €6.37

$5.80 COP 20.7K

28.79%

Beef Round Steak (1kg)

$9.58 €8.17

$8.97 COP 32.1K

6.80%

Apples (1kg)

$1.51 €1.29

$2.29 COP 8,182

-34.06%

Banana (1kg)

$1.82 €1.55

$1.06 COP 3,791

71.70%

Oranges (1kg)

$1.68 €1.43

$1.51 COP 5,411

11.26%

Tomato (1kg)

$2.46 €2.10

$1.36 COP 4,869

80.88%

Potato (1kg)

$0.97 €0.83

$1.16 COP 4,146

-16.38%

Onion (1kg)

$1.15 €0.98

$1.17 COP 4,174

-1.71%

Lettuce (1 head)

$1.84 €1.57

$0.83 COP 2,960

121.69%

Water (1.5 liter bottle)

$0.75 €0.64

$0.85 COP 3,043

-11.76%

Cigarettes 20 Pack (Marlboro, Camel)

$4.10 €3.50

$2.35 COP 8,423

74.47%

Wine (Bottle)

$4.60 €3.93

$11.09 COP 39.7K

-58.52%

Local Beer (0.5 liter bottle)

$1.10 €0.94

$1.15 COP 4,133

-4.35%

Imported Beer (0.33 liter bottle)

$1.81 €1.54

$2.47 COP 8,853

-26.72%

One-way Ticket (Public Transport)

$1.42 €1.21

$0.79 COP 2,827

79.75%

Public Transport Monthly Pass (Regular Price)

$37.85 €32.28

$41.85 COP 149.8K

-9.56%

Taxi Start (Normal Tariff)

$0.67 €0.57

$1.44 COP 5,140

-53.47%

Taxi (Normal Tariff) (1km)

$0.75 €0.64

$1.90 COP 6,793

-60.53%

Taxi 1hour Waiting (Normal Tariff)

$11.41 €9.73

$7.70 COP 27.6K

48.18%

Gasoline (1 liter)

$1.77 €1.51

$1.03 COP 3,680

71.84%

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

$29.5K €25.2K

$17.7K COP 63.3M

66.78%

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

$29.1K €24.8K

$27.0K COP 96.7M

7.73%

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

$117 €99.5

$81.4 COP 291.4K

43.22%

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

$18.53 €15.81

$9.42 COP 33.7K

96.71%

Internet (50+ Mbps, Unlimited Data)

$32.47 €27.70

$23.77 COP 85.1K

36.60%

Gym Membership (Monthly)

$44.31 €37.79

$25.86 COP 92.6K

71.35%

Tennis Court (1 Hour on Weekend)

$14.09 €12.02

$19.34 COP 69.2K

-27.15%

Cinema Ticket

$3.44 €2.93

$4.05 COP 14.5K

-15.06%

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

$286 €244

$312 COP 1.1M

-8.53%

International Primary School, 1 Child (Yearly)

$7,372 €6,288

$6,067 COP 21.7M

21.51%

Jeans (Levis 501 Or Similar)

$23.57 €20.11

$58.9 COP 210.7K

-59.96%

Summer Dress (H&M, Zara, etc)

$38.13 €32.53

$32.82 COP 117.5K

16.18%

Sport Shoes (Adidas, Nike)

$95.6 €81.5

$100 COP 359.6K

-4.89%

Men's Leather Business Shoes

$112 €95.6

$106 COP 380.3K

5.49%

1-bedroom Apartment, City Center (Monthly)

$715 €610

$490 COP 1.8M

46.04%

1-bedroom Apartment, Outside City Center (Monthly)

$546 €465

$371 COP 1.3M

47.20%

3-bedroom Apartment, City Center (Monthly)

$1,256 €1,072

$838 COP 3.0M

49.92%

3-bedroom Apartment, Outside City Center (Monthly)

$910 €777

$715 COP 2.6M

27.34%

Buy Apartment in City Center (m2)

$3,918 €3,342

$2,952 COP 10.6M

32.70%

Buy Apartment Outside City Center (m2)

$2,596 €2,214

$1,394 COP 5.0M

86.22%

Average Monthly Net Salary (After Tax)

$532 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.38

13.43

-59.94%

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

Last update for Perast: April 22, 2026

Last update for Medellin: April 20, 2026

Cost Breakdown

A central one-bedroom costs $715 in Perast versus $490 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $46 in Perast versus $33 in Medellin. Monthly groceries follow the same trend: $212 vs $190 – 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

Perast vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Perast is pricier by about 25%, 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 $1,933 per month in Perast and $1,544 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 $46.00 in Perast and $33.00 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 $1,289 in Perast and $1,030 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,030, than in Perast at $1,289. In Medellin it covers expenses comfortably, while in Perast 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, Perast makes more sense. Both are solid long-term options with distinct trade-offs.