Cost of Living Comparison Between Raanana and Medellin Cost of Living Comparison Between Raanana and Medellin

Monthly Cost of Living

A single person spends $1,327 per month in Raanana vs $1,687 in Medellin, rent included.

A couple spends around $3,357 per month in Raanana vs $2,535 in Medellin, rent included.

A family of three spends $5,388 per month in Raanana vs $3,383 in Medellin, rent included.

Raanana is about 21% cheaper than Medellin, driven mainly by Clothing & Footwear.

Raanana sits 3% below the global median, while Medellin is 23% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Raanana
Medellin
Difference
Meal at Budget Restaurant
$24.04 ₪72.1
$7.89 COP 24.2K
204.69%
Three-Course Dinner for Two, Mid-Range
$99.7 ₪299
$44.53 COP 136.5K
123.92%
Fast Food Meal (McDonalds, etc)
$20.82 ₪62.4
$9.29 COP 28.5K
124.11%
Cappuccino
$3.94 ₪11.82
$2.90 COP 8,874
35.86%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.43 ₪7.27
$1.81 COP 5,541
34.25%
Water (0.33 liter bottle)
$2.03 ₪6.09
$1.55 COP 4,741
30.97%
Local Beer (0.5 liter draught)
$5.02 ₪15.04
$3.25 COP 9,962
54.46%
Imported Beer (0.33 liter bottle)
$6.04 ₪18.09
$5.88 COP 18.0K
2.72%
🛒 Groceries & Markets
Raanana
Medellin
Difference
Milk (1 liter)
$2.13 ₪6.38
$1.38 COP 4,230
54.35%
White Bread (500g)
$2.91 ₪8.71
$2.45 COP 7,517
18.78%
Rice (white) (1kg)
$2.31 ₪6.92
$1.51 COP 4,617
52.98%
Eggs
$4.12 ₪12.35
$2.78 COP 8,516
48.20%
Local Cheese (1kg)
$27.71 ₪83.0
$9.05 COP 27.7K
206.19%
Chicken Fillets (1kg)
$14.05 ₪42.11
$10.65 COP 32.6K
31.92%
Beef Round Steak (1kg)
$30.41 ₪91.1
$14.63 COP 44.8K
107.86%
Apples (1kg)
$4.79 ₪14.34
$3.97 COP 12.2K
20.65%
Banana (1kg)
$5.10 ₪15.28
$1.38 COP 4,219
269.57%
Oranges (1kg)
$2.81 ₪8.41
$2.30 COP 7,056
22.17%
Tomato (1kg)
$2.99 ₪8.97
$2.02 COP 6,185
48.02%
Potato (1kg)
$1.87 ₪5.60
$2.09 COP 6,390
-10.53%
Onion (1kg)
$1.48 ₪4.44
$1.63 COP 4,996
-9.20%
Lettuce (1 head)
$4.26 ₪12.75
$1.08 COP 3,313
294.44%
Water (1.5 liter bottle)
$0.98 ₪2.95
$1.25 COP 3,843
-21.60%
Cigarettes 20 Pack (Marlboro, Camel)
$15.39 ₪46.11
$4.03 COP 12.4K
281.89%
Wine (Bottle)
$8.95 ₪26.82
$13.47 COP 41.3K
-33.56%
Local Beer (0.5 liter bottle)
$3.45 ₪10.33
$1.60 COP 4,904
115.63%
Imported Beer (0.33 liter bottle)
$4.08 ₪12.24
$3.00 COP 9,189
36.00%
🚌 Getting Around
Raanana
Medellin
Difference
One-way Ticket (Public Transport)
$2.68 ₪8.02
$1.18 COP 3,611
127.12%
Public Transport Monthly Pass (Regular Price)
-
$79.9 COP 244.9K
-
Taxi Start (Normal Tariff)
$2.72 ₪8.16
$1.61 COP 4,920
68.94%
Taxi (Normal Tariff) (1km)
$1.31 ₪3.93
$2.13 COP 6,533
-38.50%
Taxi 1hour Waiting (Normal Tariff)
$41.86 ₪125
$8.52 COP 26.1K
391.31%
Gasoline (1 liter)
$2.70 ₪8.09
$1.35 COP 4,142
100.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$60.7K ₪181.9K
$28.3K COP 86.8M
114.36%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$60.6K ₪181.6K
$35.7K COP 109.4M
69.83%
🧾 Monthly Utilities & Internet
Raanana
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
-
$151 COP 463.8K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$12.68 ₪38.00
$13.10 COP 40.1K
-3.21%
Internet (50+ Mbps, Unlimited Data)
$52.0 ₪156
$32.30 COP 99.0K
60.93%
🎉 Sport & Entertainment
Raanana
Medellin
Difference
Gym Membership (Monthly)
-
$46.33 COP 141.9K
-
Tennis Court (1 Hour on Weekend)
-
$17.26 COP 52.9K
-
Cinema Ticket
$13.44 ₪40.27
$6.43 COP 19.7K
109.02%
🧸 Childcare & Education
Raanana
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,180 ₪3,534
$835 COP 2.6M
41.28%
International Primary School, 1 Child (Yearly)
-
$8,887 COP 27.2M
-
👕👟 Clothing & Footwear
Raanana
Medellin
Difference
Jeans (Levis 501 Or Similar)
$135 ₪406
$89.3 COP 273.7K
51.57%
Summer Dress (H&M, Zara, etc)
$101 ₪304
$55.3 COP 169.5K
83.44%
Sport Shoes (Adidas, Nike)
$220 ₪660
$137 COP 418.5K
61.37%
Men's Leather Business Shoes
$406 ₪1,216
$109 COP 335.1K
271.18%
🏠 Accommodation & Living
Raanana
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
-
$952 COP 2.9M
-
1-bedroom Apartment, Outside City Center (Monthly)
-
$668 COP 2.0M
-
3-bedroom Apartment, City Center (Monthly)
$2,288 ₪6,856
$2,020 COP 6.2M
13.26%
3-bedroom Apartment, Outside City Center (Monthly)
$1,923 ₪5,763
$1,148 COP 3.5M
67.47%
Buy Apartment in City Center (m2)
$14.1K ₪42.1K
$3,696 COP 11.3M
280.56%
Buy Apartment Outside City Center (m2)
-
$1,586 COP 4.9M
-
💵 Salaries & Financials
Raanana
Medellin
Difference
Average Monthly Net Salary (After Tax)
$4,042 ₪12.1K
$625 COP 1.9M
546.25%
20-Year Fixed Mortgage Interest Rate (Annual %)
5
10.43
-52.06%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Raanana: August 16, 2026

Last update for Medellin: August 17, 2026

Cost Breakdown

Salaries run about 546% higher in Raanana, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $100 in Raanana versus $45.00 in Medellin. Monthly groceries follow the same trend: $482 vs $297 – 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
Raanana vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Raanana?
Yes – Medellin is pricier by about 27%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,990 per month in Raanana and $2,530 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Is eating out cheaper in Raanana or in Medellin?
A mid-range dinner for two costs $100 in Raanana and $45.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Raanana and in Medellin?
Interestingly, groceries are about 62% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $2,000 a realistic budget for living in Raanana or in Medellin?
A $2,000 monthly budget goes further in Raanana, where all-in costs run around $1,327, than in Medellin at $1,687. In Raanana it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Raanana or Medellin more family-friendly?
Families tend to lean toward Raanana – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Raanana or Medellin?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Raanana. 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.

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