Last update: Oct 2026

Cost of Living Comparison Between Prescott, AZ and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $2,700 in Prescott, AZ, rent and utilities included – about $12,900 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Prescott, AZ
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Prescott, AZ Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Prescott, AZ

🇺🇸 United States

$2,700

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Prescott, AZ and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Prescott, AZ and in Medellin actually costs, broken down by who's living it.

A single person spends $2,700 per month in Prescott, AZ vs $1,625 in Medellin, rent included.

Prescott, AZ $2,700
Medellin $1,625

A couple spends around $3,713 per month in Prescott, AZ vs $2,412 in Medellin, rent included.

Prescott, AZ $3,713
Medellin $2,412

A family of three spends $4,725 per month in Prescott, AZ vs $3,199 in Medellin, rent included.

Prescott, AZ $4,725
Medellin $3,199

Prescott, AZ costs about 66% more than Medellin, and outside of rent the biggest gap is in eating out.

Both Prescott, AZ and Medellin sit above the global median – Prescott, AZ by 99%, Medellin by 20%.

Meal at Budget Restaurant

$17.46 $17.46

$8.30 COP 26.3K

110.36%

Three-Course Dinner for Two, Mid-Range

$73.0 $73.0

$46.91 COP 148.7K

55.53%

Fast Food Meal (McDonalds, etc)

$12.79 $12.79

$9.24 COP 29.3K

38.42%

Cappuccino

$5.34 $5.34

$3.05 COP 9,676

75.08%

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

$1.72 $1.72

$1.80 COP 5,707

-4.44%

Water (0.33 liter bottle)

$1.67 $1.67

$1.38 COP 4,382

21.01%

Local Beer (0.5 liter draught)

$6.59 $6.59

$3.24 COP 10.3K

103.40%

Imported Beer (0.33 liter bottle)

$7.42 $7.42

$5.56 COP 17.6K

33.45%

Milk (1 liter)

$0.95 $0.95

$1.50 COP 4,760

-36.67%

White Bread (500g)

$3.25 $3.25

$2.37 COP 7,508

37.13%

Rice (white) (1kg)

$4.97 $4.97

$1.70 COP 5,377

192.35%

Eggs

$4.72 $4.72

$2.96 COP 9,379

59.46%

Local Cheese (1kg)

$13.77 $13.77

$10.22 COP 32.4K

34.74%

Chicken Fillets (1kg)

$11.43 $11.43

$9.74 COP 30.9K

17.35%

Beef Round Steak (1kg)

$17.05 $17.05

$13.90 COP 44.1K

22.66%

Apples (1kg)

$4.40 $4.40

$4.13 COP 13.1K

6.54%

Banana (1kg)

$1.26 $1.26

$1.53 COP 4,839

-17.65%

Oranges (1kg)

$3.89 $3.89

$2.22 COP 7,052

75.23%

Tomato (1kg)

$3.80 $3.80

$2.27 COP 7,194

67.40%

Potato (1kg)

$2.50 $2.50

$1.99 COP 6,311

25.63%

Onion (1kg)

$2.93 $2.93

$1.67 COP 5,285

75.45%

Lettuce (1 head)

$2.09 $2.09

$1.18 COP 3,742

77.12%

Water (1.5 liter bottle)

$2.13 $2.13

$1.24 COP 3,919

71.77%

Cigarettes 20 Pack (Marlboro, Camel)

$10.99 $10.99

$3.87 COP 12.3K

183.98%

Wine (Bottle)

$12.93 $12.93

$13.78 COP 43.7K

-6.17%

Local Beer (0.5 liter bottle)

$1.70 $1.70

$1.66 COP 5,256

2.41%

Imported Beer (0.33 liter bottle)

$3.62 $3.62

$2.40 COP 7,615

50.83%

One-way Ticket (Public Transport)

$1.24 COP 3,944

Public Transport Monthly Pass (Regular Price)

$78.2 COP 248.0K

Taxi Start (Normal Tariff)

$2.68 $2.68

$1.28 COP 4,044

109.38%

Taxi (Normal Tariff) (1km)

$1.34 $1.34

$2.15 COP 6,803

-37.67%

Taxi 1hour Waiting (Normal Tariff)

$35.82 $35.82

$8.37 COP 26.5K

327.96%

Gasoline (1 liter)

$1.00 $1.00

$1.35 COP 4,288

-25.93%

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

$36.0K $36.0K

$34.8K COP 110.2M

3.53%

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

$26.0K $26.0K

$34.7K COP 110.0M

-25.10%

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

$195 $195

$167 COP 528.4K

16.99%

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

$48.50 $48.50

$13.62 COP 43.2K

256.09%

Internet (50+ Mbps, Unlimited Data)

$74.9 $74.9

$29.12 COP 92.3K

157.35%

Gym Membership (Monthly)

$50.7 $50.7

$45.09 COP 143.0K

12.44%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$12.57 $12.57

$6.97 COP 22.1K

80.34%

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

$369 $369

$790 COP 2.5M

-53.29%

International Primary School, 1 Child (Yearly)

$15.4K $15.4K

$9,041 COP 28.7M

70.03%

Jeans (Levis 501 Or Similar)

$56.1 $56.1

$87.8 COP 278.4K

-36.14%

Summer Dress (H&M, Zara, etc)

$43.35 $43.35

$58.2 COP 184.4K

-25.45%

Sport Shoes (Adidas, Nike)

$82.4 $82.4

$139 COP 440.7K

-40.74%

Men's Leather Business Shoes

$112 $112

$98.9 COP 313.5K

13.38%

1-bedroom Apartment, City Center (Monthly)

$1,380 $1,380

$1,028 COP 3.3M

34.17%

1-bedroom Apartment, Outside City Center (Monthly)

$1,478 $1,478

$620 COP 2.0M

138.51%

3-bedroom Apartment, City Center (Monthly)

$2,436 $2,436

$1,881 COP 6.0M

29.51%

3-bedroom Apartment, Outside City Center (Monthly)

$2,039 $2,039

$1,008 COP 3.2M

102.32%

Buy Apartment in City Center (m2)

$4,387 $4,387

$3,988 COP 12.6M

10.01%

Buy Apartment Outside City Center (m2)

$3,715 $3,715

$1,702 COP 5.4M

118.29%

Average Monthly Net Salary (After Tax)

$3,946 $3,946

$663 COP 2.1M

494.94%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.22

10.94

-43.14%

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

Last update for Prescott, AZ: October 19, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Prescott, AZ

$1.5K 54.7%

Medellin

$619 38.1% 58.1% $858

Groceries & Markets

Prescott, AZ

$383 14.2%

Medellin

$298 18.3% 22.3% $85

Monthly Utilities & Internet

Prescott, AZ

$318 11.8%

Medellin

$209 12.9% 34.2% $109

Eating Out

Prescott, AZ

$303 11.2%

Medellin

$171 10.5% 43.7% $133

Clothing & Footwear

Prescott, AZ

$132 4.9%

Medellin

$173 10.6% 30.6% $40

Sport & Entertainment

Prescott, AZ

$76 2.8%

Medellin

$59 3.6% 22.2% $17

Getting Around

Prescott, AZ

$9.4 * 0.4%

Medellin

$95 5.9% 913% $86

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,380 in Prescott, AZ versus $1,028 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 495% higher in Prescott, AZ, 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 $73.0 in Prescott, AZ versus $47.00 in Medellin. Monthly groceries follow the same trend: $383 vs $298 – making Medellin the more affordable choice for daily food spending.

Good to know

🇺🇸 Prescott, AZ

🇨🇴 Medellin

🕒 Local time

04:38 4:38 AM

06:38 6:38 AM

2 h ahead of Prescott, AZ

🌤 Weather

👥 Population

45,827

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

On the map

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Prescott, AZ Medellin 4,910 km ≈ 7 h nonstop flight

From you

Prescott, AZ
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Prescott, AZ vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Prescott, AZ is pricier by about 66%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,050 per month in Prescott, AZ and $2,437 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 $73.0 in Prescott, AZ and $47.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 29% more in Prescott, AZ, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Prescott, AZ at $2,700. In Medellin it covers expenses comfortably, while in Prescott, AZ 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.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Prescott, AZ makes more sense. Both are solid long-term options with distinct trade-offs.