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 $1,074 per month in Puerto Montt vs $1,003 in Medellin, rent included.

A couple spends around $1,632 per month in Puerto Montt vs $1,573 in Medellin, rent included.

A family of three spends $2,190 per month in Puerto Montt vs $2,143 in Medellin, rent included.

Puerto Montt costs about 7% more than Medellin, driven mainly by Getting Around.

Both Puerto Montt and Medellin are more affordable than the global median – Puerto Montt 19% lower, Medellin 25% lower.

Meal at Budget Restaurant

$8.59 CLP 7,996

$5.91 COP 18.6K

45.35%

Three-Course Dinner for Two, Mid-Range

$37.14 CLP 34.6K

$32.96 COP 103.8K

12.68%

Fast Food Meal (McDonalds, etc)

$7.58 CLP 7,056

$7.43 COP 23.4K

2.02%

Cappuccino

$2.89 CLP 2,694

$1.65 COP 5,207

75.15%

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

$0.98 CLP 915

$1.10 COP 3,468

-10.91%

Water (0.33 liter bottle)

$0.98 CLP 914

$0.78 COP 2,458

25.64%

Local Beer (0.5 liter draught)

$3.22 CLP 2,993

$1.72 COP 5,412

87.21%

Imported Beer (0.33 liter bottle)

$4.24 CLP 3,943

$3.18 COP 10.0K

33.33%

Milk (1 liter)

$1.22 CLP 1,139

$1.10 COP 3,474

10.91%

White Bread (500g)

$1.50 CLP 1,398

$1.26 COP 3,962

19.05%

Rice (white) (1kg)

$1.86 CLP 1,730

$1.38 COP 4,349

34.78%

Eggs

$3.43 CLP 3,192

$2.18 COP 6,858

57.34%

Local Cheese (1kg)

$11.63 CLP 10.8K

$4.49 COP 14.1K

159.02%

Chicken Fillets (1kg)

$6.53 CLP 6,073

$5.79 COP 18.2K

12.78%

Beef Round Steak (1kg)

$10.91 CLP 10.1K

$8.97 COP 28.2K

21.63%

Apples (1kg)

$1.83 CLP 1,706

$2.32 COP 7,308

-21.12%

Banana (1kg)

$1.44 CLP 1,340

$1.06 COP 3,352

35.85%

Oranges (1kg)

$1.59 CLP 1,482

$1.52 COP 4,774

4.61%

Tomato (1kg)

$1.91 CLP 1,780

$1.36 COP 4,270

40.44%

Potato (1kg)

$1.23 CLP 1,147

$1.13 COP 3,552

8.85%

Onion (1kg)

$1.35 CLP 1,252

$1.17 COP 3,689

15.38%

Lettuce (1 head)

$1.32 CLP 1,231

$0.90 COP 2,838

46.67%

Water (1.5 liter bottle)

$1.52 CLP 1,410

$0.90 COP 2,823

68.89%

Cigarettes 20 Pack (Marlboro, Camel)

$4.98 CLP 4,633

$2.23 COP 7,034

123.32%

Wine (Bottle)

$5.78 CLP 5,379

$12.12 COP 38.2K

-52.31%

Local Beer (0.5 liter bottle)

$1.48 CLP 1,381

$1.19 COP 3,743

24.37%

Imported Beer (0.33 liter bottle)

$2.24 CLP 2,083

$2.48 COP 7,815

-9.68%

One-way Ticket (Public Transport)

$0.61 CLP 569

$0.85 COP 2,687

-28.24%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

Taxi Start (Normal Tariff)

$0.47 CLP 435

$1.42 COP 4,459

-66.90%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

Gasoline (1 liter)

$1.37 CLP 1,274

$0.99 COP 3,118

38.38%

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

$19.8K CLP 18.4M

$17.6K COP 55.4M

12.29%

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

$21.6K CLP 20.1M

$26.8K COP 84.4M

-19.38%

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

$130 CLP 120.8K

$83.0 COP 261.4K

56.38%

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

$11.91 CLP 11.1K

$9.70 COP 30.5K

22.78%

Internet (50+ Mbps, Unlimited Data)

$21.93 CLP 20.4K

$23.52 COP 74.1K

-6.76%

Gym Membership (Monthly)

$39.08 CLP 36.4K

$25.26 COP 79.5K

54.71%

Tennis Court (1 Hour on Weekend)

$21.29 CLP 19.8K

$19.10 COP 60.1K

11.47%

Cinema Ticket

$5.54 CLP 5,151

$3.95 COP 12.4K

40.25%

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

$439 CLP 408.0K

$316 COP 994.2K

38.87%

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

Jeans (Levis 501 Or Similar)

$50.6 CLP 47.1K

$60.0 COP 188.9K

-15.60%

Summer Dress (H&M, Zara, etc)

$30.76 CLP 28.6K

$31.82 COP 100.2K

-3.33%

Sport Shoes (Adidas, Nike)

$62.9 CLP 58.5K

$102 COP 320.1K

-38.12%

Men's Leather Business Shoes

$80.9 CLP 75.3K

$107 COP 338.3K

-24.70%

1-bedroom Apartment, City Center (Monthly)

$487 CLP 453.6K

$475 COP 1.5M

2.64%

1-bedroom Apartment, Outside City Center (Monthly)

$380 CLP 353.7K

$374 COP 1.2M

1.65%

3-bedroom Apartment, City Center (Monthly)

$878 CLP 816.9K

$849 COP 2.7M

3.40%

3-bedroom Apartment, Outside City Center (Monthly)

$591 CLP 549.5K

$719 COP 2.3M

-17.92%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

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: July 26, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $487 in Puerto Montt versus $475 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 $37.00 in Puerto Montt versus $33.00 in Medellin. Monthly groceries follow the same trend: $236 vs $193 – 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 7%, 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 $1,611 per month in Puerto Montt and $1,504 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 $37.00 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 22% 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 $1,003, than in Puerto Montt at $1,074. 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.