Cost of Living Comparison Between Punta Arenas and Medellin Cost of Living Comparison Between Punta Arenas and Medellin

😐 Solo nomad: Punta Arenas is 14.2% more expensive than Medellin without rent, and 26.1% more expensive with rent.
😐 Family of 3: Punta Arenas is 32.5% more expensive than Medellin without rent, and 29.1% more expensive with rent.
Currency
🍽 Eating Out
Punta Arenas
Medellin
Difference
Meal at Budget Restaurant
$11.27 CLP 10.3K
$6.03 COP 22.8K
86.90%
Three-Course Dinner for Two, Mid-Range
$54.4 CLP 49.5K
$33.17 COP 125.6K
63.94%
Fast Food Meal (McDonalds, etc)
$8.22 CLP 7,489
$7.29 COP 27.6K
12.76%
Cappuccino
$3.91 CLP 3,561
$1.63 COP 6,170
139.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.20 CLP 1,999
$1.05 COP 3,971
109.52%
Water (0.33 liter bottle)
$1.50 CLP 1,365
$0.77 COP 2,916
94.81%
Local Beer (0.5 liter draught)
$3.74 CLP 3,408
$1.73 COP 6,550
116.18%
Imported Beer (0.33 liter bottle)
$5.42 CLP 4,935
$3.18 COP 12.0K
70.44%
🛒 Groceries & Markets
Punta Arenas
Medellin
Difference
Milk (1 liter)
$1.33 CLP 1,215
$1.07 COP 4,040
24.30%
White Bread (500g)
$1.62 CLP 1,473
$1.31 COP 4,965
23.66%
Rice (white) (1kg)
$1.71 CLP 1,554
$1.38 COP 5,227
23.91%
Eggs
$4.28 CLP 3,895
$2.25 COP 8,509
90.22%
Local Cheese (1kg)
$15.15 CLP 13.8K
$4.48 COP 17.0K
238.17%
Chicken Fillets (1kg)
$6.69 CLP 6,093
$5.74 COP 21.7K
16.55%
Beef Round Steak (1kg)
$13.77 CLP 12.5K
$8.86 COP 33.6K
55.42%
Apples (1kg)
$2.63 CLP 2,391
$2.24 COP 8,490
17.41%
Banana (1kg)
$2.39 CLP 2,179
$1.06 COP 4,012
125.47%
Oranges (1kg)
$2.26 CLP 2,057
$1.51 COP 5,732
49.67%
Tomato (1kg)
$1.52 CLP 1,384
$1.36 COP 5,151
11.76%
Potato (1kg)
$1.53 CLP 1,398
$1.12 COP 4,244
36.61%
Onion (1kg)
$2.44 CLP 2,221
$1.17 COP 4,427
108.55%
Lettuce (1 head)
$1.78 CLP 1,625
$0.90 COP 3,416
97.78%
Water (1.5 liter bottle)
$1.84 CLP 1,675
$0.84 COP 3,169
119.05%
Cigarettes 20 Pack (Marlboro, Camel)
$5.42 CLP 4,935
$2.26 COP 8,553
139.82%
Wine (Bottle)
$11.24 CLP 10.2K
$9.97 COP 37.8K
12.74%
Local Beer (0.5 liter bottle)
$2.16 CLP 1,970
$1.18 COP 4,479
83.05%
Imported Beer (0.33 liter bottle)
$2.91 CLP 2,646
$2.39 COP 9,048
21.76%
🚌 Getting Around
Punta Arenas
Medellin
Difference
One-way Ticket (Public Transport)
$0.68 CLP 617
$0.86 COP 3,253
-20.93%
Public Transport Monthly Pass (Regular Price)
$19.72 CLP 18.0K
$41.45 COP 156.9K
-52.42%
Taxi Start (Normal Tariff)
$0.51 CLP 460
$1.47 COP 5,555
-65.31%
Taxi (Normal Tariff) (1km)
$2.12 CLP 1,934
$1.95 COP 7,367
8.72%
Taxi 1hour Waiting (Normal Tariff)
$12.73 CLP 11.6K
$7.76 COP 29.4K
64.05%
Gasoline (1 liter)
$1.47 CLP 1,336
$0.97 COP 3,663
51.55%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.8K CLP 18.0M
$17.9K COP 68.0M
10.35%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.6K CLP 19.7M
$26.7K COP 101.2M
-19.19%
🧾 Monthly Utilities & Internet
Punta Arenas
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$156 CLP 141.9K
$81.1 COP 307.1K
92.12%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.43 CLP 12.2K
$9.40 COP 35.6K
42.87%
Internet (50+ Mbps, Unlimited Data)
$21.61 CLP 19.7K
$23.61 COP 89.4K
-8.47%
🎉 Sport & Entertainment
Punta Arenas
Medellin
Difference
Gym Membership (Monthly)
$49.17 CLP 44.8K
$25.55 COP 96.7K
92.45%
Tennis Court (1 Hour on Weekend)
$21.30 CLP 19.4K
$19.29 COP 73.0K
10.42%
Cinema Ticket
$6.87 CLP 6,255
$4.10 COP 15.5K
67.56%
🧸 Childcare & Education
Punta Arenas
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$441 CLP 401.9K
$306 COP 1.2M
44.19%
International Primary School, 1 Child (Yearly)
$6,398 CLP 5.8M
$5,899 COP 22.3M
8.46%
👕👟 Clothing & Footwear
Punta Arenas
Medellin
Difference
Jeans (Levis 501 Or Similar)
$61.3 CLP 55.8K
$59.8 COP 226.5K
2.46%
Summer Dress (H&M, Zara, etc)
$42.64 CLP 38.8K
$31.96 COP 121.0K
33.42%
Sport Shoes (Adidas, Nike)
$100 CLP 91.4K
$103 COP 388.8K
-2.27%
Men's Leather Business Shoes
$82.3 CLP 75.0K
$108 COP 408.4K
-23.70%
🏠 Accommodation & Living
Punta Arenas
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$612 CLP 557.2K
$483 COP 1.8M
26.61%
1-bedroom Apartment, Outside City Center (Monthly)
$395 CLP 360.1K
$377 COP 1.4M
4.79%
3-bedroom Apartment, City Center (Monthly)
$1,026 CLP 934.6K
$822 COP 3.1M
24.93%
3-bedroom Apartment, Outside City Center (Monthly)
$698 CLP 635.8K
$721 COP 2.7M
-3.15%
Buy Apartment in City Center (m2)
$433 CLP 394.4K
$2,784 COP 10.5M
-84.44%
Buy Apartment Outside City Center (m2)
-
$1,320 COP 5.0M
-
💵 Salaries & Financials
Punta Arenas
Medellin
Difference
Average Monthly Net Salary (After Tax)
$892 CLP 812.0K
$538 COP 2.0M
65.85%
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 Punta Arenas: March 1, 2026

Last update for Medellin: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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