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 $455 per month in Puerto Montt vs $1,681 in Medellin, rent included.

A couple spends around $769 per month in Puerto Montt vs $2,445 in Medellin, rent included.

A family of three spends $1,083 per month in Puerto Montt vs $3,210 in Medellin, rent included.

Puerto Montt is about 73% cheaper than Medellin, driven mainly by Clothing & Footwear.

Puerto Montt sits 67% below the global median, while Medellin is 23% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.42 CLP 8,036

$8.02 COP 25.0K

4.99%

Three-Course Dinner for Two, Mid-Range

$36.27 CLP 34.6K

$47.87 COP 149.4K

-24.23%

Fast Food Meal (McDonalds, etc)

$7.51 CLP 7,165

$9.89 COP 30.8K

-24.06%

Cappuccino

$2.78 CLP 2,650

$3.13 COP 9,767

-11.18%

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

$0.90 CLP 861

$1.91 COP 5,954

-52.88%

Water (0.33 liter bottle)

$0.96 CLP 916

$1.51 COP 4,712

-36.42%

Local Beer (0.5 liter draught)

$3.12 COP 9,747

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

Milk (1 liter)

$1.17 CLP 1,120

$1.44 COP 4,509

-18.75%

White Bread (500g)

$2.59 CLP 2,467

$2.49 COP 7,759

4.02%

Rice (white) (1kg)

$1.45 CLP 1,381

$1.77 COP 5,535

-18.08%

Eggs

$3.21 CLP 3,060

$2.96 COP 9,235

8.45%

Local Cheese (1kg)

$11.34 CLP 10.8K

$10.07 COP 31.4K

12.61%

Chicken Fillets (1kg)

$5.81 CLP 5,546

$10.12 COP 31.6K

-42.59%

Beef Round Steak (1kg)

$7.24 CLP 6,907

$14.30 COP 44.6K

-49.37%

Apples (1kg)

$1.06 CLP 1,011

$4.14 COP 12.9K

-74.40%

Banana (1kg)

$1.44 CLP 1,370

$1.61 COP 5,019

-10.56%

Oranges (1kg)

$2.65 CLP 2,527

$2.25 COP 7,007

17.78%

Tomato (1kg)

$1.87 CLP 1,784

$2.25 COP 7,028

-16.89%

Potato (1kg)

$2.04 COP 6,375

Onion (1kg)

$1.59 CLP 1,514

$1.54 COP 4,790

3.25%

Lettuce (1 head)

$1.30 CLP 1,238

$1.17 COP 3,651

11.11%

Water (1.5 liter bottle)

$1.56 CLP 1,490

$1.31 COP 4,077

19.08%

Cigarettes 20 Pack (Marlboro, Camel)

$4.84 CLP 4,618

$3.90 COP 12.2K

24.10%

Wine (Bottle)

$5.89 CLP 5,622

$14.01 COP 43.7K

-57.96%

Local Beer (0.5 liter bottle)

$1.44 CLP 1,371

$1.74 COP 5,439

-17.24%

Imported Beer (0.33 liter bottle)

$1.56 CLP 1,488

$2.87 COP 8,956

-45.64%

One-way Ticket (Public Transport)

$0.90 CLP 863

$1.22 COP 3,792

-26.23%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

Taxi Start (Normal Tariff)

$1.31 COP 4,084

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

Gasoline (1 liter)

$1.32 CLP 1,262

$1.37 COP 4,260

-3.65%

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

$27.8K COP 86.9M

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

$35.8K COP 111.6M

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

$63.9 CLP 61.0K

$177 COP 553.2K

-63.94%

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

$11.40 CLP 10.9K

$13.88 COP 43.3K

-17.87%

Internet (50+ Mbps, Unlimited Data)

$31.60 CLP 30.2K

$29.72 COP 92.8K

6.33%

Gym Membership (Monthly)

$44.88 COP 140.1K

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

Cinema Ticket

$6.65 COP 20.7K

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

$147 CLP 139.9K

$813 COP 2.5M

-81.96%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

Men's Leather Business Shoes

$102 COP 318.7K

1-bedroom Apartment, City Center (Monthly)

$529 CLP 505.0K

$1,062 COP 3.3M

-50.17%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 5.9M

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

Buy Apartment in City Center (m2)

$4,183 COP 13.1M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.2M

Average Monthly Net Salary (After Tax)

$678 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: September 14, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $529 in Puerto Montt versus $1,062 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 $36.00 in Puerto Montt versus $48.00 in Medellin. Monthly groceries follow the same trend: $224 vs $305 – making Puerto Montt 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 – Medellin is pricier by about 269%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $682 per month in Puerto Montt and $2,521 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $36.00 in Puerto Montt and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 36% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Puerto Montt, where all-in costs run around $455, than in Medellin at $1,681. 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.

If budget matters most, go with Puerto Montt. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.