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 $1,073 per month in Princes Town vs $1,034 in Medellin, rent included.

A couple spends around $1,806 per month in Princes Town vs $1,577 in Medellin, rent included.

A family of three spends $2,540 per month in Princes Town vs $2,120 in Medellin, rent included.

Princes Town costs about 4% more than Medellin, driven mainly by Groceries & Markets.

Both Princes Town and Medellin are more affordable than the global median – Princes Town 20% lower, Medellin 23% lower.

Meal at Budget Restaurant

$10.38 TTD 70.5

$5.92 COP 21.4K

75.34%

Three-Course Dinner for Two, Mid-Range

$65.5 TTD 445

$32.75 COP 118.2K

99.97%

Fast Food Meal (McDonalds, etc)

$7.53 TTD 51.1

$7.20 COP 26.0K

4.58%

Cappuccino

$3.03 TTD 20.61

$1.70 COP 6,140

78.24%

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

$0.86 TTD 5.81

$1.10 COP 3,966

-21.82%

Water (0.33 liter bottle)

$0.73 TTD 4.94

$0.72 COP 2,605

1.39%

Local Beer (0.5 liter draught)

$1.61 TTD 10.95

$1.67 COP 6,022

-3.59%

Imported Beer (0.33 liter bottle)

$2.33 TTD 15.80

$3.10 COP 11.2K

-24.84%

Milk (1 liter)

$1.75 TTD 11.85

$1.06 COP 3,809

65.09%

White Bread (500g)

$2.02 TTD 13.72

$1.25 COP 4,497

61.60%

Rice (white) (1kg)

$2.24 TTD 15.22

$1.39 COP 5,022

61.15%

Eggs

$2.73 TTD 18.54

$2.26 COP 8,168

20.80%

Local Cheese (1kg)

$2.99 TTD 20.28

$4.33 COP 15.6K

-30.95%

Chicken Fillets (1kg)

$10.61 TTD 72.1

$5.84 COP 21.1K

81.68%

Beef Round Steak (1kg)

$14.05 TTD 95.4

$8.83 COP 31.9K

59.12%

Apples (1kg)

$5.85 TTD 39.74

$2.24 COP 8,099

161.16%

Banana (1kg)

$1.45 TTD 9.83

$1.08 COP 3,882

34.26%

Oranges (1kg)

$4.37 TTD 29.65

$1.53 COP 5,522

185.62%

Tomato (1kg)

$4.69 TTD 31.84

$1.37 COP 4,950

242.34%

Potato (1kg)

$1.47 TTD 10.00

$1.13 COP 4,078

30.09%

Onion (1kg)

$1.71 TTD 11.63

$1.12 COP 4,036

52.68%

Lettuce (1 head)

$1.16 TTD 7.87

$0.85 COP 3,057

36.47%

Water (1.5 liter bottle)

$1.35 TTD 9.15

$0.91 COP 3,281

48.35%

Cigarettes 20 Pack (Marlboro, Camel)

$6.07 TTD 41.20

$2.33 COP 8,414

160.52%

Wine (Bottle)

$19.53 TTD 133

$11.13 COP 40.2K

75.47%

Local Beer (0.5 liter bottle)

$2.19 TTD 14.89

$1.19 COP 4,309

84.03%

Imported Beer (0.33 liter bottle)

$2.70 TTD 18.36

$2.37 COP 8,553

13.92%

One-way Ticket (Public Transport)

$1.34 TTD 9.10

$0.79 COP 2,838

69.62%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$1.05 TTD 7.16

$1.44 COP 5,184

-27.08%

Taxi (Normal Tariff) (1km)

$1.23 TTD 8.36

$1.91 COP 6,901

-35.60%

Taxi 1hour Waiting (Normal Tariff)

$1.73 TTD 11.75

$8.02 COP 28.9K

-78.43%

Gasoline (1 liter)

$1.15 TTD 7.81

$0.94 COP 3,385

22.34%

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

$34.7K TTD 235.4K

$17.9K COP 64.7M

93.43%

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

$38.9K TTD 263.8K

$26.8K COP 96.7M

45.03%

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

$79.7 TTD 541

$84.0 COP 303.1K

-5.07%

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

$47.39 TTD 322

$9.60 COP 34.7K

393.65%

Internet (50+ Mbps, Unlimited Data)

$61.5 TTD 418

$24.16 COP 87.2K

154.68%

Gym Membership (Monthly)

$43.83 TTD 298

$25.88 COP 93.4K

69.36%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

Cinema Ticket

$6.69 TTD 45.44

$3.92 COP 14.1K

70.66%

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

$177 TTD 1,202

$306 COP 1.1M

-42.24%

International Primary School, 1 Child (Yearly)

$7,233 TTD 49.1K

$5,919 COP 21.4M

22.21%

Jeans (Levis 501 Or Similar)

$59.7 TTD 405

$57.9 COP 209.1K

3.13%

Summer Dress (H&M, Zara, etc)

$38.78 TTD 263

$31.82 COP 114.9K

21.87%

Sport Shoes (Adidas, Nike)

$98.0 TTD 665

$99.9 COP 360.6K

-1.91%

Men's Leather Business Shoes

$89.7 TTD 609

$107 COP 386.8K

-16.29%

1-bedroom Apartment, City Center (Monthly)

$301 TTD 2,045

$487 COP 1.8M

-38.13%

1-bedroom Apartment, Outside City Center (Monthly)

$225 TTD 1,528

$368 COP 1.3M

-38.86%

3-bedroom Apartment, City Center (Monthly)

$669 TTD 4,540

$826 COP 3.0M

-19.02%

3-bedroom Apartment, Outside City Center (Monthly)

$446 TTD 3,026

$716 COP 2.6M

-37.76%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 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: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $301 in Princes Town versus $487 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 $65.0 in Princes Town versus $33.00 in Medellin. Monthly groceries follow the same trend: $325 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

Princes Town vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Princes Town is pricier by about 4%, 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 $1,609 per month in Princes Town and $1,550 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 $65.0 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.

Groceries cost about 71% 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.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,034, than in Princes Town at $1,073. In Medellin it covers expenses comfortably, while in Princes Town 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, Princes Town makes more sense. Both are solid long-term options with distinct trade-offs.