Cost of Living Comparison Between Planken and Medellin Cost of Living Comparison Between Planken and Medellin

Monthly Cost of Living

A single person spends $92.1 per month in Planken vs $1,017 in Medellin, rent included.

A couple spends around $143 per month in Planken vs $1,602 in Medellin, rent included.

A family of three spends $193 per month in Planken vs $2,188 in Medellin, rent included.

Planken is about 91% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Planken and Medellin are more affordable than the global median – Planken 93% 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)

$7.35 CHF 5.84

$0.84 COP 2,916

775.00%

Public Transport Monthly Pass (Regular Price)

$61.3 CHF 48.70

$41.95 COP 146.4K

46.22%

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)

$19.14 COP 66.8K

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)

$482 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

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)

$12.6K CHF 10.0K

$541 COP 1.9M

2233.37%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.1

13.43

-39.69%

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

Last update for Planken: June 6, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

Salaries run about 2233% higher in Planken, 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

Planken vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 1004%, 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 $138 per month in Planken and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $92.1 in Planken and $1,017 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 46% less in Planken. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Planken, where all-in costs run around $92.1, than in Medellin at $1,017. In Planken it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Planken – 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 Planken. 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.