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 $1,103 per month in Puerto Montt vs $1,034 in Medellin, rent included.

A couple spends around $1,660 per month in Puerto Montt vs $1,577 in Medellin, rent included.

A family of three spends $2,217 per month in Puerto Montt vs $2,120 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 18% lower, Medellin 23% lower.

Meal at Budget Restaurant

$8.45 CLP 7,515

$5.92 COP 21.4K

42.74%

Three-Course Dinner for Two, Mid-Range

$38.39 CLP 34.1K

$32.75 COP 118.2K

17.22%

Fast Food Meal (McDonalds, etc)

$7.69 CLP 6,838

$7.20 COP 26.0K

6.81%

Cappuccino

$2.94 CLP 2,611

$1.70 COP 6,140

72.94%

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

$0.94 CLP 833

$1.10 COP 3,966

-14.55%

Water (0.33 liter bottle)

$1.00 CLP 886

$0.72 COP 2,605

38.89%

Local Beer (0.5 liter draught)

$3.28 CLP 2,914

$1.67 COP 6,022

96.41%

Imported Beer (0.33 liter bottle)

$4.13 CLP 3,677

$3.10 COP 11.2K

33.23%

Milk (1 liter)

$1.16 CLP 1,035

$1.06 COP 3,809

9.43%

White Bread (500g)

$1.50 CLP 1,334

$1.25 COP 4,497

20.00%

Rice (white) (1kg)

$1.92 CLP 1,710

$1.39 COP 5,022

38.13%

Eggs

$3.25 CLP 2,893

$2.26 COP 8,168

43.81%

Local Cheese (1kg)

$11.95 CLP 10.6K

$4.33 COP 15.6K

175.98%

Chicken Fillets (1kg)

$6.48 CLP 5,760

$5.84 COP 21.1K

10.96%

Beef Round Steak (1kg)

$10.85 CLP 9,646

$8.83 COP 31.9K

22.88%

Apples (1kg)

$1.89 CLP 1,677

$2.24 COP 8,099

-15.63%

Banana (1kg)

$1.49 CLP 1,328

$1.08 COP 3,882

37.96%

Oranges (1kg)

$1.60 CLP 1,421

$1.53 COP 5,522

4.58%

Tomato (1kg)

$1.91 CLP 1,699

$1.37 COP 4,950

39.42%

Potato (1kg)

$1.28 CLP 1,141

$1.13 COP 4,078

13.27%

Onion (1kg)

$1.40 CLP 1,245

$1.12 COP 4,036

25.00%

Lettuce (1 head)

$1.38 CLP 1,230

$0.85 COP 3,057

62.35%

Water (1.5 liter bottle)

$1.52 CLP 1,348

$0.91 COP 3,281

67.03%

Cigarettes 20 Pack (Marlboro, Camel)

$4.86 CLP 4,324

$2.33 COP 8,414

108.58%

Wine (Bottle)

$6.32 CLP 5,618

$11.13 COP 40.2K

-43.22%

Local Beer (0.5 liter bottle)

$1.47 CLP 1,310

$1.19 COP 4,309

23.53%

Imported Beer (0.33 liter bottle)

$2.22 CLP 1,974

$2.37 COP 8,553

-6.33%

One-way Ticket (Public Transport)

$0.62 CLP 554

$0.79 COP 2,838

-21.52%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$0.51 CLP 455

$1.44 COP 5,184

-64.58%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

Gasoline (1 liter)

$1.43 CLP 1,270

$0.94 COP 3,385

52.13%

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

$19.2K CLP 17.1M

$17.9K COP 64.7M

7.22%

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

$21.2K CLP 18.8M

$26.8K COP 96.7M

-20.98%

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

$133 CLP 118.2K

$84.0 COP 303.1K

58.34%

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

$11.62 CLP 10.3K

$9.60 COP 34.7K

21.04%

Internet (50+ Mbps, Unlimited Data)

$22.25 CLP 19.8K

$24.16 COP 87.2K

-7.91%

Gym Membership (Monthly)

$38.09 CLP 33.9K

$25.88 COP 93.4K

47.18%

Tennis Court (1 Hour on Weekend)

$21.45 CLP 19.1K

$19.04 COP 68.7K

12.66%

Cinema Ticket

$5.62 CLP 4,994

$3.92 COP 14.1K

43.37%

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

$433 CLP 385.2K

$306 COP 1.1M

41.41%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

Jeans (Levis 501 Or Similar)

$51.5 CLP 45.8K

$57.9 COP 209.1K

-11.10%

Summer Dress (H&M, Zara, etc)

$30.65 CLP 27.3K

$31.82 COP 114.9K

-3.68%

Sport Shoes (Adidas, Nike)

$62.2 CLP 55.3K

$99.9 COP 360.6K

-37.72%

Men's Leather Business Shoes

$81.2 CLP 72.2K

$107 COP 386.8K

-24.19%

1-bedroom Apartment, City Center (Monthly)

$472 CLP 419.6K

$487 COP 1.8M

-3.04%

1-bedroom Apartment, Outside City Center (Monthly)

$374 CLP 332.8K

$368 COP 1.3M

1.70%

3-bedroom Apartment, City Center (Monthly)

$886 CLP 787.4K

$826 COP 3.0M

7.25%

3-bedroom Apartment, Outside City Center (Monthly)

$595 CLP 528.8K

$716 COP 2.6M

-16.95%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 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: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $472 in Puerto Montt versus $487 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: $237 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 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 $1,655 per month in Puerto Montt and $1,550 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 25% 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 $1,034, than in Puerto Montt at $1,103. 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.