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

Monthly Cost of Living

A single person spends $1,304 per month in Perast vs $1,017 in Medellin, rent included.

A couple spends around $1,977 per month in Perast vs $1,602 in Medellin, rent included.

A family of three spends $2,649 per month in Perast vs $2,188 in Medellin, rent included.

Perast costs about 28% more than Medellin, driven mainly by Eating Out.

Both Perast and Medellin are more affordable than the global median – Perast 3% lower, Medellin 24% lower.

Meal at Budget Restaurant

$9.81 €8.51

$5.95 COP 21.2K

64.87%

Three-Course Dinner for Two, Mid-Range

$45.69 €39.60

$33.33 COP 118.9K

37.08%

Fast Food Meal (McDonalds, etc)

$9.47 €8.21

$7.23 COP 25.8K

30.98%

Cappuccino

$2.05 €1.78

$1.63 COP 5,811

25.77%

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

$2.25 €1.95

$1.09 COP 3,904

106.42%

Water (0.33 liter bottle)

$1.43 €1.24

$0.73 COP 2,604

95.89%

Local Beer (0.5 liter draught)

$2.91 €2.52

$1.74 COP 6,197

67.24%

Imported Beer (0.33 liter bottle)

$3.38 €2.93

$3.23 COP 11.5K

4.64%

Milk (1 liter)

$1.31 €1.13

$1.05 COP 3,742

24.76%

White Bread (500g)

$1.03 €0.89

$1.29 COP 4,614

-20.16%

Rice (white) (1kg)

$1.77 €1.53

$1.32 COP 4,718

34.09%

Eggs

$3.14 €2.72

$2.27 COP 8,101

38.33%

Local Cheese (1kg)

$8.70 €7.54

$4.35 COP 15.5K

100.00%

Chicken Fillets (1kg)

$7.28 €6.31

$5.88 COP 21.0K

23.81%

Beef Round Steak (1kg)

$9.49 €8.23

$8.61 COP 30.7K

10.22%

Apples (1kg)

$1.50 €1.30

$2.25 COP 8,015

-33.33%

Banana (1kg)

$1.76 €1.52

$1.07 COP 3,814

64.49%

Oranges (1kg)

$1.69 €1.46

$1.52 COP 5,438

11.18%

Tomato (1kg)

$2.57 €2.23

$1.42 COP 5,073

80.99%

Potato (1kg)

$0.95 €0.83

$1.17 COP 4,173

-18.80%

Onion (1kg)

$1.15 €1.00

$1.17 COP 4,166

-1.71%

Lettuce (1 head)

$1.89 €1.64

$0.89 COP 3,163

112.36%

Water (1.5 liter bottle)

$0.82 €0.71

$0.90 COP 3,215

-8.89%

Cigarettes 20 Pack (Marlboro, Camel)

$4.10 €3.55

$2.25 COP 8,008

82.22%

Wine (Bottle)

$4.67 €4.05

$11.04 COP 39.4K

-57.70%

Local Beer (0.5 liter bottle)

$1.08 €0.94

$1.14 COP 4,063

-5.26%

Imported Beer (0.33 liter bottle)

$1.86 €1.61

$2.38 COP 8,483

-21.85%

One-way Ticket (Public Transport)

$1.43 €1.24

$0.84 COP 2,979

70.24%

Public Transport Monthly Pass (Regular Price)

$36.88 €31.96

$41.95 COP 149.6K

-12.09%

Taxi Start (Normal Tariff)

$0.70 €0.61

$1.41 COP 5,019

-50.35%

Taxi (Normal Tariff) (1km)

$0.70 €0.61

$1.90 COP 6,779

-63.16%

Taxi 1hour Waiting (Normal Tariff)

$11.36 €9.85

$7.75 COP 27.6K

46.58%

Gasoline (1 liter)

$1.68 €1.46

$1.01 COP 3,586

66.34%

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

$28.6K €24.8K

$17.6K COP 62.7M

62.61%

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

$29.2K €25.3K

$26.5K COP 94.5M

10.25%

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

$114 €98.9

$83.7 COP 298.4K

36.42%

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

$17.98 €15.58

$9.45 COP 33.7K

90.26%

Internet (50+ Mbps, Unlimited Data)

$32.08 €27.80

$24.11 COP 86.0K

33.06%

Gym Membership (Monthly)

$44.70 €38.74

$25.31 COP 90.3K

76.61%

Tennis Court (1 Hour on Weekend)

$14.53 €12.59

$19.14 COP 68.3K

-24.09%

Cinema Ticket

$3.41 €2.96

$4.10 COP 14.6K

-16.83%

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

$286 €248

$312 COP 1.1M

-8.25%

International Primary School, 1 Child (Yearly)

$7,327 €6,350

$5,993 COP 21.4M

22.25%

Jeans (Levis 501 Or Similar)

$23.42 €20.30

$58.0 COP 207.0K

-59.65%

Summer Dress (H&M, Zara, etc)

$38.37 €33.25

$32.56 COP 116.1K

17.84%

Sport Shoes (Adidas, Nike)

$93.1 €80.7

$99.6 COP 355.3K

-6.55%

Men's Leather Business Shoes

$111 €96.3

$109 COP 387.1K

2.33%

1-bedroom Apartment, City Center (Monthly)

$729 €632

$482 COP 1.7M

51.20%

1-bedroom Apartment, Outside City Center (Monthly)

$539 €467

$379 COP 1.4M

42.03%

3-bedroom Apartment, City Center (Monthly)

$1,259 €1,091

$837 COP 3.0M

50.28%

3-bedroom Apartment, Outside City Center (Monthly)

$924 €801

$723 COP 2.6M

27.83%

Buy Apartment in City Center (m2)

$3,753 €3,253

$2,840 COP 10.1M

32.16%

Buy Apartment Outside City Center (m2)

$2,522 €2,186

$1,223 COP 4.4M

106.21%

Average Monthly Net Salary (After Tax)

$541 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: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $729 in Perast 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.

A mid-range dinner for two costs $46.00 in Perast versus $33.00 in Medellin. Monthly groceries follow the same trend: $213 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 28%, 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 $1,956 per month in Perast 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 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 $1,304 in Perast and $1,017 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 $1,017, than in Perast at $1,304. 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.