Last update: Oct 2026

Cost of Living Comparison Between Puerto Montt and Medellin

For one person, living is cheaper in Puerto Montt: $450 a month against $1,639 in Medellin, rent and utilities included – about $14,300 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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Puerto Montt

🇨🇱 Chile

$450

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

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

A single person spends $450 per month in Puerto Montt vs $1,639 in Medellin, rent included.

Puerto Montt $450
Medellin $1,639

A couple spends around $754 per month in Puerto Montt vs $2,413 in Medellin, rent included.

Puerto Montt $754
Medellin $2,413

A family of three spends $1,057 per month in Puerto Montt vs $3,186 in Medellin, rent included.

Puerto Montt $1,057
Medellin $3,186

Puerto Montt is about 73% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Puerto Montt sits 67% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.20 CLP 8,150

$8.09 COP 26.1K

1.36%

Three-Course Dinner for Two, Mid-Range

$35.00 CLP 34.8K

$47.05 COP 151.7K

-25.61%

Fast Food Meal (McDonalds, etc)

$7.24 CLP 7,192

$9.50 COP 30.6K

-23.79%

Cappuccino

$2.76 CLP 2,742

$3.01 COP 9,722

-8.31%

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

$0.87 CLP 867

$1.80 COP 5,801

-51.67%

Water (0.33 liter bottle)

$0.87 CLP 869

$1.41 COP 4,554

-38.30%

Local Beer (0.5 liter draught)

$3.18 COP 10.2K

Imported Beer (0.33 liter bottle)

$5.75 COP 18.5K

Milk (1 liter)

$1.09 CLP 1,080

$1.51 COP 4,869

-27.81%

White Bread (500g)

$2.55 CLP 2,537

$2.38 COP 7,667

7.14%

Rice (white) (1kg)

$1.38 CLP 1,370

$1.77 COP 5,712

-22.03%

Eggs

$3.09 CLP 3,070

$2.89 COP 9,320

6.92%

Local Cheese (1kg)

$11.01 CLP 10.9K

$10.19 COP 32.9K

8.05%

Chicken Fillets (1kg)

$5.70 CLP 5,660

$9.87 COP 31.8K

-42.25%

Beef Round Steak (1kg)

$7.04 CLP 6,991

$13.99 COP 45.1K

-49.68%

Apples (1kg)

$1.03 CLP 1,026

$3.97 COP 12.8K

-74.06%

Banana (1kg)

$1.40 CLP 1,389

$1.55 COP 5,005

-9.68%

Oranges (1kg)

$2.65 CLP 2,634

$2.18 COP 7,039

21.56%

Tomato (1kg)

$1.74 CLP 1,726

$2.18 COP 7,041

-20.18%

Potato (1kg)

$1.96 COP 6,328

Onion (1kg)

$1.54 CLP 1,531

$1.59 COP 5,125

-3.14%

Lettuce (1 head)

$1.28 CLP 1,269

$1.15 COP 3,694

11.30%

Water (1.5 liter bottle)

$1.49 CLP 1,485

$1.24 COP 4,009

20.16%

Cigarettes 20 Pack (Marlboro, Camel)

$4.46 CLP 4,433

$3.96 COP 12.8K

12.63%

Wine (Bottle)

$5.40 CLP 5,360

$13.68 COP 44.1K

-60.53%

Local Beer (0.5 liter bottle)

$1.34 CLP 1,332

$1.66 COP 5,352

-19.28%

Imported Beer (0.33 liter bottle)

$1.48 CLP 1,468

$2.26 COP 7,281

-34.51%

One-way Ticket (Public Transport)

$0.94 CLP 933

$1.17 COP 3,766

-19.66%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.5K

Taxi Start (Normal Tariff)

$1.27 COP 4,089

Taxi (Normal Tariff) (1km)

$2.05 COP 6,603

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

Gasoline (1 liter)

$1.28 CLP 1,267

$1.35 COP 4,343

-5.19%

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

$34.1K COP 109.8M

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

$34.7K COP 111.8M

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

$61.6 CLP 61.2K

$170 COP 547.0K

-63.69%

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

$11.32 CLP 11.2K

$13.55 COP 43.7K

-16.46%

Internet (50+ Mbps, Unlimited Data)

$29.80 CLP 29.6K

$28.07 COP 90.5K

6.16%

Gym Membership (Monthly)

$43.70 COP 140.9K

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.4K

Cinema Ticket

$6.91 COP 22.3K

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

$143 CLP 142.2K

$797 COP 2.6M

-82.03%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

Jeans (Levis 501 Or Similar)

$84.7 COP 273.2K

Summer Dress (H&M, Zara, etc)

$58.0 COP 186.9K

Sport Shoes (Adidas, Nike)

$135 COP 435.2K

Men's Leather Business Shoes

$97.9 COP 315.6K

1-bedroom Apartment, City Center (Monthly)

$502 CLP 498.3K

$1,208 COP 3.9M

-58.47%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

Buy Apartment in City Center (m2)

$4,170 COP 13.4M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Puerto Montt: October 25, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Puerto Montt

–

Medellin

$642 39.1%

Groceries & Markets

Puerto Montt

–

Medellin

$297 18.1%

Monthly Utilities & Internet

Puerto Montt

–

Medellin

$211 12.9%

Eating Out

Puerto Montt

–

Medellin

$170 10.4%

Clothing & Footwear

Puerto Montt

–

Medellin

$169 10.3%

Getting Around

Puerto Montt

–

Medellin

$94 5.7%

Sport & Entertainment

Puerto Montt

–

Medellin

$58 3.5%

Cost Breakdown

A central one-bedroom costs $502 in Puerto Montt 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.

A mid-range dinner for two costs $35 in Puerto Montt versus $47 in Medellin. Monthly groceries follow the same trend: $216 vs $297 – making Puerto Montt the more affordable choice for daily food spending.

Good to know

🇨🇱 Puerto Montt

🇨🇴 Medellin

🕒 Local time

21:11 9:11 PM

19:11 7:11 PM

2 h behind Puerto Montt

🌤 Weather

👥 Population

169,736

2,486,723

💱 Currency

Chilean Peso CLP $

Colombian Peso COP $

📈 Exchange rate

10,000 CLP = 10.07 USD

10,000 CLP = 9.02 EUR

10,000 COP = 3.1 USD

10,000 COP = 2.78 EUR

Exchange rates and currency converter

COP, USD, EUR to CLP – Chilean Peso Converter

🇺🇸 United States Dollar ($)

🇨🇱 Chilean Peso ($)

Chilean Peso exchange rates as of November 2, 2026: 1 USD = 993 CLP (1,000 CLP = 1.01 USD). 1 EUR = 1,109 CLP (10,000 CLP = 9.02 EUR).

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,224 COP (10,000 COP = 3.1 USD). 1 EUR = 3,600 COP (10,000 COP = 2.78 EUR).

USD to CLP in detail →

On the map

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Between locations

Puerto Montt Medellin 5,320 km ≈ 7 h nonstop flight

From you

Puerto Montt
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

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

Yes – Medellin is pricier by about 264%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $675 per month in Puerto Montt 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 Puerto Montt, especially for central apartments: a one-bedroom in the center costs $502 there versus $1,208 in Medellin.

A mid-range dinner for two costs $35 in Puerto Montt and $47 in Medellin. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 37% more in Medellin, though the gap depends on what you buy.

A $800 monthly budget goes further in Puerto Montt, where all-in costs run around $450, than in Medellin at $1,639. In Puerto Montt it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Puerto Montt – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.