Last update: Oct 2026

Cost of Living Comparison Between Princeton, NJ and Medellin

For one person, living is cheaper in Medellin: $1,639 a month against $3,956 in Princeton, NJ, rent and utilities included – about $27,800 less a year. Rent and utilities account for most of the difference.

191

Cost of Living Index in Princeton, NJ
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Princeton, NJ Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Princeton, NJ

🇺🇸 United States

$3,956

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Princeton, NJ 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 Princeton, NJ and in Medellin actually costs, broken down by who's living it.

A single person spends $3,956 per month in Princeton, NJ vs $1,639 in Medellin, rent included.

Princeton, NJ $3,956
Medellin $1,639

A couple spends around $5,720 per month in Princeton, NJ vs $2,413 in Medellin, rent included.

Princeton, NJ $5,720
Medellin $2,413

A family of three spends $7,485 per month in Princeton, NJ vs $3,186 in Medellin, rent included.

Princeton, NJ $7,485
Medellin $3,186

Princeton, NJ costs about 141% more than Medellin, and outside of rent the biggest gap is in groceries.

Both Princeton, NJ and Medellin sit above the global median – Princeton, NJ by 191%, Medellin by 20%.

Meal at Budget Restaurant

$19.84 $19.84

$8.09 COP 25.6K

145.24%

Three-Course Dinner for Two, Mid-Range

$76.0 $76.0

$47.05 COP 148.9K

61.47%

Fast Food Meal (McDonalds, etc)

$15.14 $15.14

$9.50 COP 30.1K

59.37%

Cappuccino

$5.17 $5.17

$3.01 COP 9,540

71.76%

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

$2.48 $2.48

$1.80 COP 5,693

37.78%

Water (0.33 liter bottle)

$2.31 $2.31

$1.41 COP 4,469

63.83%

Local Beer (0.5 liter draught)

$8.15 $8.15

$3.18 COP 10.0K

156.29%

Imported Beer (0.33 liter bottle)

$8.58 $8.58

$5.75 COP 18.2K

49.22%

Milk (1 liter)

$1.08 $1.08

$1.51 COP 4,778

-28.48%

White Bread (500g)

$3.77 $3.77

$2.38 COP 7,524

58.40%

Rice (white) (1kg)

$7.18 $7.18

$1.77 COP 5,606

305.65%

Eggs

$3.93 $3.93

$2.89 COP 9,146

35.99%

Local Cheese (1kg)

$25.43 $25.43

$10.19 COP 32.2K

149.56%

Chicken Fillets (1kg)

$21.72 $21.72

$9.87 COP 31.2K

120.06%

Beef Round Steak (1kg)

$19.08 $19.08

$13.99 COP 44.3K

36.38%

Apples (1kg)

$6.77 $6.77

$3.97 COP 12.6K

70.53%

Banana (1kg)

$1.46 $1.46

$1.55 COP 4,911

-5.81%

Oranges (1kg)

$6.17 $6.17

$2.18 COP 6,907

183.03%

Tomato (1kg)

$5.08 $5.08

$2.18 COP 6,910

133.03%

Potato (1kg)

$2.78 $2.78

$1.96 COP 6,210

41.84%

Onion (1kg)

$3.19 $3.19

$1.59 COP 5,029

100.63%

Lettuce (1 head)

$3.00 $3.00

$1.15 COP 3,625

160.87%

Water (1.5 liter bottle)

$3.03 $3.03

$1.24 COP 3,934

144.35%

Cigarettes 20 Pack (Marlboro, Camel)

$11.58 $11.58

$3.96 COP 12.5K

192.42%

Wine (Bottle)

$24.98 $24.98

$13.68 COP 43.3K

82.60%

Local Beer (0.5 liter bottle)

$1.77 $1.77

$1.66 COP 5,252

6.63%

Imported Beer (0.33 liter bottle)

$8.07 $8.07

$2.26 COP 7,145

257.08%

One-way Ticket (Public Transport)

$1.92 $1.92

$1.17 COP 3,696

64.10%

Public Transport Monthly Pass (Regular Price)

$203 $203

$77.4 COP 244.8K

161.77%

Taxi Start (Normal Tariff)

$5.86 $5.86

$1.27 COP 4,013

361.42%

Taxi (Normal Tariff) (1km)

$2.38 $2.38

$2.05 COP 6,480

16.10%

Taxi 1hour Waiting (Normal Tariff)

$41.37 $41.37

$8.55 COP 27.1K

383.86%

Gasoline (1 liter)

$0.90 $0.90

$1.35 COP 4,262

-33.33%

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

$36.7K $36.7K

$34.1K COP 107.8M

7.80%

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

$26.1K $26.1K

$34.7K COP 109.7M

-24.73%

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

$211 $211

$170 COP 536.8K

24.27%

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

$55.1 $55.1

$13.55 COP 42.9K

306.57%

Internet (50+ Mbps, Unlimited Data)

$55.8 $55.8

$28.07 COP 88.8K

98.86%

Gym Membership (Monthly)

$120 $120

$43.70 COP 138.3K

173.91%

Tennis Court (1 Hour on Weekend)

$46.03 $46.03

$17.19 COP 54.4K

167.77%

Cinema Ticket

$15.28 $15.28

$6.91 COP 21.9K

121.13%

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

$1,792 $1,792

$797 COP 2.5M

124.91%

International Primary School, 1 Child (Yearly)

$40.3K $40.3K

$9,112 COP 28.8M

341.86%

Jeans (Levis 501 Or Similar)

$38.05 $38.05

$84.7 COP 268.1K

-55.09%

Summer Dress (H&M, Zara, etc)

$54.7 $54.7

$58.0 COP 183.4K

-5.64%

Sport Shoes (Adidas, Nike)

$82.5 $82.5

$135 COP 427.1K

-38.84%

Men's Leather Business Shoes

$117 $117

$97.9 COP 309.7K

19.69%

1-bedroom Apartment, City Center (Monthly)

$3,239 $3,239

$1,208 COP 3.8M

168.18%

1-bedroom Apartment, Outside City Center (Monthly)

$2,215 $2,215

$642 COP 2.0M

245.33%

3-bedroom Apartment, City Center (Monthly)

$5,131 $5,131

$2,028 COP 6.4M

153.04%

3-bedroom Apartment, Outside City Center (Monthly)

$3,664 $3,664

$1,012 COP 3.2M

262.17%

Buy Apartment in City Center (m2)

$8,957 $8,957

$4,170 COP 13.2M

114.79%

Buy Apartment Outside City Center (m2)

$3,629 $3,629

$1,910 COP 6.0M

89.99%

Average Monthly Net Salary (After Tax)

$6,397 $6,397

$657 COP 2.1M

873.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.28

10.94

-42.60%

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

Last update for Princeton, NJ: October 27, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Princeton, NJ

$2.2K 56%

Medellin

$642 39.1% 71% $1.6K

Groceries & Markets

Princeton, NJ

$566 14.3%

Medellin

$297 18.1% 47.5% $269

Eating Out

Princeton, NJ

$343 8.7%

Medellin

$170 10.4% 50.6% $174

Monthly Utilities & Internet

Princeton, NJ

$322 8.1%

Medellin

$211 12.9% 34.3% $110

Getting Around

Princeton, NJ

$228 5.8%

Medellin

$94 5.7% 59% $134

Sport & Entertainment

Princeton, NJ

$150 3.8%

Medellin

$58 3.5% 61.7% $93

Clothing & Footwear

Princeton, NJ

$132 3.3%

Medellin

$169 10.3% 28.4% $37

Cost Breakdown

A central one-bedroom costs $3,239 in Princeton, NJ versus $1,208 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 in Princeton, NJ are about 9.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76 in Princeton, NJ versus $47 in Medellin. Monthly groceries follow the same trend: $566 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇺🇸 Princeton, NJ

🇨🇴 Medellin

🕒 Local time

03:32 3:32 AM

02:32 2:32 AM

1 h behind Princeton, NJ

🌤 Weather

👥 Population

29,603

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.896 EUR

10,000 COP = 3.16 USD

10,000 COP = 2.83 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 29, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

Colombian Peso exchange rates as of October 29, 2026: 1 USD = 3,164 COP (10,000 COP = 3.16 USD). 1 EUR = 3,531 COP (10,000 COP = 2.83 EUR).

COP to USD in detail →

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Princeton, NJ Medellin 3,790 km ≈ 5 h nonstop flight

From you

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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

Princeton, NJ vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Princeton, NJ is pricier by about 141%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $5,934 per month in Princeton, NJ and $2,459 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: a one-bedroom in the center costs $1,208 there versus $3,239 in Princeton, NJ.

A mid-range dinner for two costs $76 in Princeton, NJ and $47 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 $3,956 in Princeton, NJ and $1,639 in Medellin. That makes Medellin about 59% cheaper.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,639, than in Princeton, NJ at $3,956. In Medellin it covers expenses comfortably, while in Princeton, NJ 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 or specific career opportunities are the priority, Princeton, NJ makes more sense. Both are solid long-term options with distinct trade-offs.