Cost of Living Comparison Between Puerto Montt and Medellin Cost of Living Comparison Between Puerto Montt and Medellin

Monthly Cost of Living

A single person spends $1,110 per month in Puerto Montt vs $1,017 in Medellin, rent included.

A couple spends around $1,648 per month in Puerto Montt vs $1,602 in Medellin, rent included.

A family of three spends $2,186 per month in Puerto Montt vs $2,188 in Medellin, rent included.

Puerto Montt costs about 9% more than Medellin, driven mainly by Getting Around.

Both Puerto Montt and Medellin are more affordable than the global median – Puerto Montt 17% lower, Medellin 24% lower.

Meal at Budget Restaurant

$8.72 CLP 7,834

$5.95 COP 20.8K

46.55%

Three-Course Dinner for Two, Mid-Range

$38.31 CLP 34.4K

$33.33 COP 116.3K

14.94%

Fast Food Meal (McDonalds, etc)

$7.38 CLP 6,629

$7.23 COP 25.2K

2.07%

Cappuccino

$2.99 CLP 2,689

$1.63 COP 5,687

83.44%

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

$0.94 CLP 845

$1.09 COP 3,821

-13.76%

Water (0.33 liter bottle)

$0.93 CLP 833

$0.73 COP 2,548

27.40%

Local Beer (0.5 liter draught)

$3.15 CLP 2,835

$1.74 COP 6,065

81.03%

Imported Beer (0.33 liter bottle)

$4.09 CLP 3,678

$3.23 COP 11.3K

26.63%

Milk (1 liter)

$1.21 CLP 1,085

$1.05 COP 3,662

15.24%

White Bread (500g)

$1.56 CLP 1,404

$1.29 COP 4,515

20.93%

Rice (white) (1kg)

$1.92 CLP 1,723

$1.32 COP 4,617

45.45%

Eggs

$3.45 CLP 3,099

$2.27 COP 7,927

51.98%

Local Cheese (1kg)

$11.97 CLP 10.8K

$4.35 COP 15.2K

175.17%

Chicken Fillets (1kg)

$6.82 CLP 6,127

$5.88 COP 20.5K

15.99%

Beef Round Steak (1kg)

$11.01 CLP 9,893

$8.61 COP 30.0K

27.87%

Apples (1kg)

$1.90 CLP 1,712

$2.25 COP 7,844

-15.56%

Banana (1kg)

$1.48 CLP 1,334

$1.07 COP 3,733

38.32%

Oranges (1kg)

$1.54 CLP 1,385

$1.52 COP 5,322

1.32%

Tomato (1kg)

$1.94 CLP 1,745

$1.42 COP 4,964

36.62%

Potato (1kg)

$1.29 CLP 1,158

$1.17 COP 4,084

10.26%

Onion (1kg)

$1.41 CLP 1,271

$1.17 COP 4,077

20.51%

Lettuce (1 head)

$1.33 CLP 1,197

$0.89 COP 3,096

49.44%

Water (1.5 liter bottle)

$1.52 CLP 1,369

$0.90 COP 3,146

68.89%

Cigarettes 20 Pack (Marlboro, Camel)

$4.89 CLP 4,391

$2.25 COP 7,837

117.33%

Wine (Bottle)

$5.98 CLP 5,377

$11.04 COP 38.5K

-45.83%

Local Beer (0.5 liter bottle)

$1.45 CLP 1,302

$1.14 COP 3,977

27.19%

Imported Beer (0.33 liter bottle)

$2.30 CLP 2,067

$2.38 COP 8,301

-3.36%

One-way Ticket (Public Transport)

$0.58 CLP 519

$0.84 COP 2,916

-30.95%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$0.48 CLP 429

$1.41 COP 4,912

-65.96%

Taxi (Normal Tariff) (1km)

$1.90 COP 6,634

Taxi 1hour Waiting (Normal Tariff)

$7.75 COP 27.0K

Gasoline (1 liter)

$1.37 CLP 1,235

$1.01 COP 3,509

35.64%

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

$19.3K CLP 17.3M

$17.6K COP 61.4M

9.72%

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

$21.7K CLP 19.5M

$26.5K COP 92.5M

-18.20%

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

$132 CLP 119.1K

$83.7 COP 292.1K

58.33%

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

$11.74 CLP 10.6K

$9.45 COP 33.0K

24.23%

Internet (50+ Mbps, Unlimited Data)

$22.29 CLP 20.0K

$24.11 COP 84.1K

-7.55%

Gym Membership (Monthly)

$39.31 CLP 35.3K

$25.31 COP 88.3K

55.31%

Tennis Court (1 Hour on Weekend)

$21.05 CLP 18.9K

$19.14 COP 66.8K

9.98%

Cinema Ticket

$5.54 CLP 4,983

$4.10 COP 14.3K

35.12%

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

$441 CLP 396.4K

$312 COP 1.1M

41.39%

International Primary School, 1 Child (Yearly)

$5,993 COP 20.9M

Jeans (Levis 501 Or Similar)

$50.4 CLP 45.3K

$58.0 COP 202.6K

-13.13%

Summer Dress (H&M, Zara, etc)

$30.82 CLP 27.7K

$32.56 COP 113.6K

-5.34%

Sport Shoes (Adidas, Nike)

$62.5 CLP 56.2K

$99.6 COP 347.7K

-37.28%

Men's Leather Business Shoes

$81.7 CLP 73.5K

$109 COP 378.8K

-24.69%

1-bedroom Apartment, City Center (Monthly)

$482 CLP 432.7K

$482 COP 1.7M

-0.16%

1-bedroom Apartment, Outside City Center (Monthly)

$369 CLP 331.5K

$379 COP 1.3M

-2.79%

3-bedroom Apartment, City Center (Monthly)

$869 CLP 781.2K

$837 COP 2.9M

3.80%

3-bedroom Apartment, Outside City Center (Monthly)

$599 CLP 538.1K

$723 COP 2.5M

-17.19%

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)

$541 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

5.18

13.43

-61.43%

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

Last update for Puerto Montt: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $482 in Puerto Montt versus $482 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 $38.00 in Puerto Montt versus $33.00 in Medellin. Monthly groceries follow the same trend: $241 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

Puerto Montt vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Puerto Montt is pricier by about 9%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,664 per month in Puerto Montt and $1,525 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 $38.00 in Puerto Montt 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 27% more in Puerto Montt, 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 $1,017, than in Puerto Montt at $1,110. In Medellin it covers expenses comfortably, while in Puerto Montt 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, Puerto Montt makes more sense. Both are solid long-term options with distinct trade-offs.