Cost of Living Comparison Between Princes Town and Medellin Cost of Living Comparison Between Princes Town and Medellin

Monthly Cost of Living

A single person spends $1,089 per month in Princes Town vs $1,003 in Medellin, rent included.

A couple spends around $1,816 per month in Princes Town vs $1,573 in Medellin, rent included.

A family of three spends $2,542 per month in Princes Town vs $2,143 in Medellin, rent included.

Princes Town costs about 9% more than Medellin, driven mainly by Groceries & Markets.

Both Princes Town and Medellin are more affordable than the global median – Princes Town 18% lower, Medellin 25% lower.

Currency
🍽 Eating Out
Princes Town
Medellin
Difference
Meal at Budget Restaurant
$10.15 TTD 68.1
$5.91 COP 18.6K
71.74%
Three-Course Dinner for Two, Mid-Range
$67.3 TTD 452
$32.96 COP 103.8K
104.31%
Fast Food Meal (McDonalds, etc)
$7.28 TTD 48.88
$7.43 COP 23.4K
-2.02%
Cappuccino
$2.92 TTD 19.62
$1.65 COP 5,207
76.97%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.87 TTD 5.86
$1.10 COP 3,468
-20.91%
Water (0.33 liter bottle)
$0.76 TTD 5.11
$0.78 COP 2,458
-2.56%
Local Beer (0.5 liter draught)
$1.67 TTD 11.20
$1.72 COP 5,412
-2.91%
Imported Beer (0.33 liter bottle)
$2.35 TTD 15.80
$3.18 COP 10.0K
-26.10%
🛒 Groceries & Markets
Princes Town
Medellin
Difference
Milk (1 liter)
$1.73 TTD 11.61
$1.10 COP 3,474
57.27%
White Bread (500g)
$2.05 TTD 13.78
$1.26 COP 3,962
62.70%
Rice (white) (1kg)
$2.20 TTD 14.76
$1.38 COP 4,349
59.42%
Eggs
$2.70 TTD 18.16
$2.18 COP 6,858
23.85%
Local Cheese (1kg)
$2.98 TTD 20.03
$4.49 COP 14.1K
-33.63%
Chicken Fillets (1kg)
$10.58 TTD 71.0
$5.79 COP 18.2K
82.73%
Beef Round Steak (1kg)
$14.37 TTD 96.5
$8.97 COP 28.2K
60.20%
Apples (1kg)
$5.92 TTD 39.78
$2.32 COP 7,308
155.17%
Banana (1kg)
$1.47 TTD 9.86
$1.06 COP 3,352
38.68%
Oranges (1kg)
$4.28 TTD 28.71
$1.52 COP 4,774
181.58%
Tomato (1kg)
$4.86 TTD 32.61
$1.36 COP 4,270
257.35%
Potato (1kg)
$1.48 TTD 9.94
$1.13 COP 3,552
30.97%
Onion (1kg)
$1.66 TTD 11.15
$1.17 COP 3,689
41.88%
Lettuce (1 head)
$1.16 TTD 7.78
$0.90 COP 2,838
28.89%
Water (1.5 liter bottle)
$1.31 TTD 8.83
$0.90 COP 2,823
45.56%
Cigarettes 20 Pack (Marlboro, Camel)
$6.00 TTD 40.28
$2.23 COP 7,034
169.06%
Wine (Bottle)
$17.82 TTD 120
$12.12 COP 38.2K
47.03%
Local Beer (0.5 liter bottle)
$2.18 TTD 14.62
$1.19 COP 3,743
83.19%
Imported Beer (0.33 liter bottle)
$2.81 TTD 18.85
$2.48 COP 7,815
13.31%
🚌 Getting Around
Princes Town
Medellin
Difference
One-way Ticket (Public Transport)
$1.35 TTD 9.08
$0.85 COP 2,687
58.82%
Public Transport Monthly Pass (Regular Price)
-
$41.62 COP 131.0K
-
Taxi Start (Normal Tariff)
$1.04 TTD 6.99
$1.42 COP 4,459
-26.76%
Taxi (Normal Tariff) (1km)
$1.28 TTD 8.61
$1.95 COP 6,141
-34.36%
Taxi 1hour Waiting (Normal Tariff)
$1.82 TTD 12.20
$7.89 COP 24.8K
-76.93%
Gasoline (1 liter)
$1.14 TTD 7.67
$0.99 COP 3,118
15.15%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.4K TTD 230.7K
$17.6K COP 55.4M
95.20%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.9K TTD 261.0K
$26.8K COP 84.4M
45.02%
🧾 Monthly Utilities & Internet
Princes Town
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$79.1 TTD 531
$83.0 COP 261.4K
-4.72%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$47.08 TTD 316
$9.70 COP 30.5K
385.36%
Internet (50+ Mbps, Unlimited Data)
$61.5 TTD 413
$23.52 COP 74.1K
161.44%
🎉 Sport & Entertainment
Princes Town
Medellin
Difference
Gym Membership (Monthly)
$43.50 TTD 292
$25.26 COP 79.5K
72.21%
Tennis Court (1 Hour on Weekend)
-
$19.10 COP 60.1K
-
Cinema Ticket
$6.71 TTD 45.09
$3.95 COP 12.4K
69.87%
🧸 Childcare & Education
Princes Town
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$181 TTD 1,212
$316 COP 994.2K
-42.83%
International Primary School, 1 Child (Yearly)
$7,160 TTD 48.1K
$5,975 COP 18.8M
19.83%
👕👟 Clothing & Footwear
Princes Town
Medellin
Difference
Jeans (Levis 501 Or Similar)
$58.3 TTD 391
$60.0 COP 188.9K
-2.87%
Summer Dress (H&M, Zara, etc)
$39.07 TTD 262
$31.82 COP 100.2K
22.78%
Sport Shoes (Adidas, Nike)
$97.3 TTD 653
$102 COP 320.1K
-4.30%
Men's Leather Business Shoes
$88.5 TTD 594
$107 COP 338.3K
-17.65%
🏠 Accommodation & Living
Princes Town
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$294 TTD 1,973
$475 COP 1.5M
-38.13%
1-bedroom Apartment, Outside City Center (Monthly)
$221 TTD 1,481
$374 COP 1.2M
-41.02%
3-bedroom Apartment, City Center (Monthly)
$675 TTD 4,533
$849 COP 2.7M
-20.50%
3-bedroom Apartment, Outside City Center (Monthly)
$443 TTD 2,975
$719 COP 2.3M
-38.43%
Buy Apartment in City Center (m2)
-
$3,265 COP 10.3M
-
Buy Apartment Outside City Center (m2)
-
$1,441 COP 4.5M
-
💵 Salaries & Financials
Princes Town
Medellin
Difference
Average Monthly Net Salary (After Tax)
-
$624 COP 2.0M
-
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 Princes Town: July 28, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $294 in Princes Town versus $475 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 $67.0 in Princes Town versus $33.00 in Medellin. Monthly groceries follow the same trend: $322 vs $193 – 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
Princes Town vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Princes Town?
Yes – Princes Town is pricier by about 9%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,634 per month in Princes Town and $1,504 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Princes Town or in Medellin?
A mid-range dinner for two costs $67.0 in Princes Town and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Princes Town and in Medellin?
Groceries cost about 67% more in Princes Town, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $1,500 a realistic budget for living in Princes Town or in Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,003, than in Princes Town at $1,089. In Medellin it covers expenses comfortably, while in Princes Town it requires careful planning or may not stretch far enough.
Is Princes Town or Medellin more family-friendly?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Princes Town makes more sense. Both are solid long-term options with distinct trade-offs.

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