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

😐 Solo nomad: Punta Arenas is 19% more expensive than Medellin without rent, and 29.5% more expensive with rent.
😐 Family of 3: Punta Arenas is 30.2% more expensive than Medellin without rent, and 26.8% more expensive with rent.
Currency
🍽 Eating Out
Punta Arenas
Medellin
Difference
Meal at Budget Restaurant
$11.42 CLP 10.1K
$5.97 COP 21.9K
91.29%
Three-Course Dinner for Two, Mid-Range
$53.1 CLP 46.9K
$32.40 COP 119.0K
63.86%
Fast Food Meal (McDonalds, etc)
$8.49 CLP 7,491
$7.13 COP 26.2K
19.07%
Cappuccino
$3.87 CLP 3,420
$1.65 COP 6,043
134.55%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.24 CLP 1,981
$1.06 COP 3,882
111.32%
Water (0.33 liter bottle)
$1.49 CLP 1,313
$0.77 COP 2,839
93.51%
Local Beer (0.5 liter draught)
$3.79 CLP 3,349
$1.75 COP 6,418
116.57%
Imported Beer (0.33 liter bottle)
$5.24 CLP 4,622
$3.06 COP 11.2K
71.24%
🛒 Groceries & Markets
Punta Arenas
Medellin
Difference
Milk (1 liter)
$1.28 CLP 1,127
$1.10 COP 4,026
16.36%
White Bread (500g)
$1.57 CLP 1,386
$1.30 COP 4,771
20.77%
Rice (white) (1kg)
$1.72 CLP 1,518
$1.34 COP 4,905
28.36%
Eggs
$4.31 CLP 3,803
$2.26 COP 8,299
90.71%
Local Cheese (1kg)
$15.30 CLP 13.5K
$4.50 COP 16.5K
240.00%
Chicken Fillets (1kg)
$6.62 CLP 5,847
$5.80 COP 21.3K
14.14%
Beef Round Steak (1kg)
$13.86 CLP 12.2K
$8.96 COP 32.9K
54.69%
Apples (1kg)
$2.65 CLP 2,339
$2.37 COP 8,691
11.81%
Banana (1kg)
$2.44 CLP 2,154
$1.07 COP 3,939
128.04%
Oranges (1kg)
$2.38 CLP 2,097
$1.48 COP 5,418
60.81%
Tomato (1kg)
$1.46 CLP 1,292
$1.36 COP 5,011
7.35%
Potato (1kg)
$1.52 CLP 1,342
$1.13 COP 4,135
34.51%
Onion (1kg)
$2.49 CLP 2,198
$1.13 COP 4,161
120.35%
Lettuce (1 head)
$1.81 CLP 1,597
$0.89 COP 3,274
103.37%
Water (1.5 liter bottle)
$1.90 CLP 1,680
$0.85 COP 3,114
123.53%
Cigarettes 20 Pack (Marlboro, Camel)
$5.38 CLP 4,751
$2.28 COP 8,361
135.96%
Wine (Bottle)
$11.23 CLP 9,917
$10.15 COP 37.3K
10.64%
Local Beer (0.5 liter bottle)
$2.21 CLP 1,951
$1.19 COP 4,359
85.71%
Imported Beer (0.33 liter bottle)
$3.01 CLP 2,656
$2.40 COP 8,828
25.42%
🚌 Getting Around
Punta Arenas
Medellin
Difference
One-way Ticket (Public Transport)
$0.67 CLP 595
$0.84 COP 3,074
-20.24%
Public Transport Monthly Pass (Regular Price)
$19.68 CLP 17.4K
$40.85 COP 150.0K
-51.82%
Taxi Start (Normal Tariff)
$0.51 CLP 450
$1.48 COP 5,417
-65.54%
Taxi (Normal Tariff) (1km)
$2.13 CLP 1,877
$1.89 COP 6,949
12.70%
Taxi 1hour Waiting (Normal Tariff)
$12.96 CLP 11.4K
$8.05 COP 29.5K
60.99%
Gasoline (1 liter)
$1.48 CLP 1,305
$0.94 COP 3,455
57.45%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$19.3K CLP 17.1M
$17.7K COP 65.1M
8.92%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.0K CLP 18.5M
$26.4K COP 96.8M
-20.31%
🧾 Monthly Utilities & Internet
Punta Arenas
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$155 CLP 137.1K
$81.9 COP 300.7K
89.72%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.33 CLP 11.8K
$9.54 COP 35.0K
39.73%
Internet (50+ Mbps, Unlimited Data)
$22.28 CLP 19.7K
$23.68 COP 87.0K
-5.91%
🎉 Sport & Entertainment
Punta Arenas
Medellin
Difference
Gym Membership (Monthly)
$49.40 CLP 43.6K
$25.85 COP 94.9K
91.10%
Tennis Court (1 Hour on Weekend)
$21.00 CLP 18.5K
$18.72 COP 68.7K
12.18%
Cinema Ticket
$6.70 CLP 5,915
$4.05 COP 14.9K
65.43%
🧸 Childcare & Education
Punta Arenas
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$442 CLP 390.0K
$316 COP 1.2M
39.87%
International Primary School, 1 Child (Yearly)
$6,499 CLP 5.7M
$5,971 COP 21.9M
8.84%
👕👟 Clothing & Footwear
Punta Arenas
Medellin
Difference
Jeans (Levis 501 Or Similar)
$61.1 CLP 54.0K
$59.0 COP 216.4K
3.68%
Summer Dress (H&M, Zara, etc)
$43.73 CLP 38.6K
$32.49 COP 119.3K
34.60%
Sport Shoes (Adidas, Nike)
$104 CLP 91.7K
$99.9 COP 366.7K
4.02%
Men's Leather Business Shoes
$83.8 CLP 73.9K
$108 COP 394.9K
-22.12%
🏠 Accommodation & Living
Punta Arenas
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$615 CLP 543.1K
$491 COP 1.8M
25.19%
1-bedroom Apartment, Outside City Center (Monthly)
$405 CLP 357.7K
$371 COP 1.4M
9.20%
3-bedroom Apartment, City Center (Monthly)
$1,024 CLP 904.0K
$821 COP 3.0M
24.68%
3-bedroom Apartment, Outside City Center (Monthly)
$688 CLP 607.5K
$731 COP 2.7M
-5.87%
Buy Apartment in City Center (m2)
$422 CLP 372.9K
$3,019 COP 11.1M
-86.01%
Buy Apartment Outside City Center (m2)
-
$1,332 COP 4.9M
-
💵 Salaries & Financials
Punta Arenas
Medellin
Difference
Average Monthly Net Salary (After Tax)
$873 CLP 770.3K
$517 COP 1.9M
68.80%
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: January 11, 2026

Last update for Medellin: January 12, 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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