Cost of Living Comparison Between Punto Fijo and Medellin Cost of Living Comparison Between Punto Fijo and Medellin

Monthly Cost of Living

A single person spends $992 per month in Punto Fijo vs $1,641 in Medellin, rent included.

A couple spends around $1,696 per month in Punto Fijo vs $2,447 in Medellin, rent included.

A family of three spends $2,400 per month in Punto Fijo vs $3,253 in Medellin, rent included.

Punto Fijo is about 40% cheaper than Medellin, driven mainly by Clothing & Footwear.

Punto Fijo sits 28% below the global median, while Medellin is 19% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.72 VES 12.2K

$8.04 COP 24.8K

83.08%

Three-Course Dinner for Two, Mid-Range

$80.3 VES 66.7K

$48.29 COP 148.7K

66.31%

Fast Food Meal (McDonalds, etc)

$9.42 COP 29.0K

Cappuccino

$2.31 VES 1,915

$2.94 COP 9,045

-21.43%

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

$1.46 VES 1,213

$1.86 COP 5,738

-21.51%

Water (0.33 liter bottle)

$0.73 VES 606

$1.46 COP 4,481

-50.00%

Local Beer (0.5 liter draught)

$1.94 VES 1,614

$3.21 COP 9,887

-39.56%

Imported Beer (0.33 liter bottle)

$5.58 VES 4,637

$5.71 COP 17.6K

-2.28%

Milk (1 liter)

$2.57 VES 2,138

$1.44 COP 4,431

78.47%

White Bread (500g)

$2.47 VES 2,049

$2.40 COP 7,393

2.92%

Rice (white) (1kg)

$3.42 VES 2,837

$1.70 COP 5,230

101.18%

Eggs

$6.34 VES 5,261

$2.89 COP 8,901

119.38%

Local Cheese (1kg)

$6.12 VES 5,079

$10.06 COP 31.0K

-39.17%

Chicken Fillets (1kg)

$5.04 VES 4,185

$9.97 COP 30.7K

-49.45%

Beef Round Steak (1kg)

$4.91 VES 4,073

$14.20 COP 43.7K

-65.42%

Apples (1kg)

$7.88 VES 6,547

$3.98 COP 12.3K

97.99%

Banana (1kg)

$4.90 VES 4,072

$1.58 COP 4,880

210.13%

Oranges (1kg)

$5.06 VES 4,205

$2.15 COP 6,627

135.35%

Tomato (1kg)

$2.30 COP 7,082

Potato (1kg)

$5.95 VES 4,942

$2.00 COP 6,172

197.50%

Onion (1kg)

$4.97 VES 4,129

$1.51 COP 4,648

229.14%

Lettuce (1 head)

$3.06 VES 2,544

$1.20 COP 3,703

155.00%

Water (1.5 liter bottle)

$1.49 VES 1,235

$1.28 COP 3,948

16.41%

Cigarettes 20 Pack (Marlboro, Camel)

$3.94 VES 3,272

$3.84 COP 11.8K

2.60%

Wine (Bottle)

$14.01 COP 43.1K

Local Beer (0.5 liter bottle)

$1.99 VES 1,649

$1.71 COP 5,259

16.37%

Imported Beer (0.33 liter bottle)

$4.90 VES 4,071

$2.74 COP 8,444

78.83%

One-way Ticket (Public Transport)

$1.24 VES 1,027

$1.25 COP 3,836

-0.80%

Public Transport Monthly Pass (Regular Price)

$77.9 COP 239.9K

Taxi Start (Normal Tariff)

$1.31 COP 4,018

Taxi (Normal Tariff) (1km)

$6.85 VES 5,684

$2.17 COP 6,684

215.67%

Taxi 1hour Waiting (Normal Tariff)

$8.29 COP 25.5K

Gasoline (1 liter)

$0.49 VES 404

$1.36 COP 4,174

-63.97%

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

$27.5K COP 84.6M

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

$36.5K COP 112.5M

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

$49.51 VES 41.1K

$169 COP 519.5K

-70.66%

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

$9.96 VES 8,273

$13.57 COP 41.8K

-26.60%

Internet (50+ Mbps, Unlimited Data)

$38.03 VES 31.6K

$28.32 COP 87.2K

34.29%

Gym Membership (Monthly)

$39.89 VES 33.1K

$45.71 COP 140.8K

-12.73%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

Cinema Ticket

$6.65 COP 20.5K

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

$200 VES 166.0K

$803 COP 2.5M

-75.12%

International Primary School, 1 Child (Yearly)

$3,591 VES 3.0M

$9,190 COP 28.3M

-60.92%

Jeans (Levis 501 Or Similar)

$87.4 COP 269.0K

Summer Dress (H&M, Zara, etc)

$59.4 COP 182.8K

Sport Shoes (Adidas, Nike)

$34.76 VES 28.9K

$139 COP 427.7K

-74.98%

Men's Leather Business Shoes

$102 COP 314.2K

1-bedroom Apartment, City Center (Monthly)

$405 VES 336.4K

$1,071 COP 3.3M

-62.17%

1-bedroom Apartment, Outside City Center (Monthly)

$294 VES 244.5K

$653 COP 2.0M

-54.91%

3-bedroom Apartment, City Center (Monthly)

$794 VES 659.3K

$1,925 COP 5.9M

-58.75%

3-bedroom Apartment, Outside City Center (Monthly)

$612 VES 508.0K

$1,048 COP 3.2M

-41.62%

Buy Apartment in City Center (m2)

$4,123 COP 12.7M

Buy Apartment Outside City Center (m2)

$1,697 COP 5.2M

Average Monthly Net Salary (After Tax)

$203 VES 168.8K

$655 COP 2.0M

-68.96%

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 Punto Fijo: September 8, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A central one-bedroom costs $405 in Punto Fijo versus $1,071 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 222% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Punto Fijo versus $48.00 in Medellin. Monthly groceries follow the same trend: $314 vs $300 – 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

Punto Fijo vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 65%, 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 $1,488 per month in Punto Fijo and $2,462 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Punto Fijo, 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 $80.0 in Punto Fijo and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 5% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,000 monthly budget goes further in Punto Fijo, where all-in costs run around $992, than in Medellin at $1,641. In Punto Fijo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Punto Fijo – 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 Punto Fijo. 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.