Cost of Living Comparison Between Ragama and Medellin Cost of Living Comparison Between Ragama and Medellin

Monthly Cost of Living

A single person spends $526 per month in Ragama vs $1,030 in Medellin, rent included.

A couple spends around $851 per month in Ragama vs $1,586 in Medellin, rent included.

A family of three spends $1,177 per month in Ragama vs $2,143 in Medellin, rent included.

Ragama is about 49% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Ragama and Medellin are more affordable than the global median – Ragama 61% lower, Medellin 23% lower.

Meal at Budget Restaurant

$3.92 LKR 1,240

$5.92 COP 21.2K

-33.78%

Three-Course Dinner for Two, Mid-Range

$25.21 LKR 7,978

$33.17 COP 118.7K

-24.00%

Fast Food Meal (McDonalds, etc)

$8.54 LKR 2,703

$7.25 COP 25.9K

17.79%

Cappuccino

$2.73 LKR 865

$1.71 COP 6,137

59.65%

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

$0.74 LKR 233

$1.09 COP 3,915

-32.11%

Water (0.33 liter bottle)

$0.40 LKR 127

$0.77 COP 2,743

-48.05%

Local Beer (0.5 liter draught)

$2.32 LKR 734

$1.75 COP 6,254

32.57%

Imported Beer (0.33 liter bottle)

$3.26 LKR 1,032

$3.18 COP 11.4K

2.52%

Milk (1 liter)

$1.58 LKR 501

$1.06 COP 3,792

49.06%

White Bread (500g)

$0.53 LKR 168

$1.30 COP 4,657

-59.23%

Rice (white) (1kg)

$0.75 LKR 238

$1.38 COP 4,926

-45.65%

Eggs

$2.19 LKR 694

$2.21 COP 7,908

-0.90%

Local Cheese (1kg)

$14.03 LKR 4,441

$4.52 COP 16.2K

210.40%

Chicken Fillets (1kg)

$4.64 LKR 1,468

$5.80 COP 20.7K

-20.00%

Beef Round Steak (1kg)

$7.93 LKR 2,509

$8.97 COP 32.1K

-11.59%

Apples (1kg)

$7.69 LKR 2,433

$2.29 COP 8,182

235.81%

Banana (1kg)

$1.07 LKR 340

$1.06 COP 3,791

0.94%

Oranges (1kg)

$5.69 LKR 1,801

$1.51 COP 5,411

276.82%

Tomato (1kg)

$1.26 LKR 399

$1.36 COP 4,869

-7.35%

Potato (1kg)

$1.11 LKR 351

$1.16 COP 4,146

-4.31%

Onion (1kg)

$1.18 LKR 375

$1.17 COP 4,174

0.85%

Lettuce (1 head)

$1.16 LKR 367

$0.83 COP 2,960

39.76%

Water (1.5 liter bottle)

$0.61 LKR 192

$0.85 COP 3,043

-28.24%

Cigarettes 20 Pack (Marlboro, Camel)

$10.10 LKR 3,198

$2.35 COP 8,423

329.79%

Wine (Bottle)

$12.87 LKR 4,073

$11.09 COP 39.7K

16.05%

Local Beer (0.5 liter bottle)

$2.00 LKR 632

$1.15 COP 4,133

73.91%

Imported Beer (0.33 liter bottle)

$2.96 LKR 936

$2.47 COP 8,853

19.84%

One-way Ticket (Public Transport)

$0.79 COP 2,827

Public Transport Monthly Pass (Regular Price)

$41.85 COP 149.8K

Taxi Start (Normal Tariff)

$0.39 LKR 123

$1.44 COP 5,140

-72.92%

Taxi (Normal Tariff) (1km)

$0.35 LKR 111

$1.90 COP 6,793

-81.58%

Taxi 1hour Waiting (Normal Tariff)

$0.56 LKR 178

$7.70 COP 27.6K

-92.73%

Gasoline (1 liter)

$1.26 LKR 400

$1.03 COP 3,680

22.33%

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

$27.3K LKR 8.6M

$17.7K COP 63.3M

54.27%

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

$34.7K LKR 11.0M

$27.0K COP 96.7M

28.60%

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

$59.0 LKR 18.7K

$81.4 COP 291.4K

-27.52%

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

$4.43 LKR 1,404

$9.42 COP 33.7K

-52.97%

Internet (50+ Mbps, Unlimited Data)

$15.40 LKR 4,875

$23.77 COP 85.1K

-35.21%

Gym Membership (Monthly)

$25.86 COP 92.6K

Tennis Court (1 Hour on Weekend)

$19.34 COP 69.2K

Cinema Ticket

$3.45 LKR 1,091

$4.05 COP 14.5K

-14.81%

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

$37.37 LKR 11.8K

$312 COP 1.1M

-88.04%

International Primary School, 1 Child (Yearly)

$440 LKR 139.4K

$6,067 COP 21.7M

-92.74%

Jeans (Levis 501 Or Similar)

$27.22 LKR 8,616

$58.9 COP 210.7K

-53.75%

Summer Dress (H&M, Zara, etc)

$19.32 LKR 6,116

$32.82 COP 117.5K

-41.13%

Sport Shoes (Adidas, Nike)

$70.2 LKR 22.2K

$100 COP 359.6K

-30.11%

Men's Leather Business Shoes

$39.05 LKR 12.4K

$106 COP 380.3K

-63.25%

1-bedroom Apartment, City Center (Monthly)

$490 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$715 COP 2.6M

Buy Apartment in City Center (m2)

$2,952 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,394 COP 5.0M

Average Monthly Net Salary (After Tax)

$532 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

16.45

13.43

22.49%

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

Last update for Ragama: April 20, 2026

Last update for Medellin: April 20, 2026

Cost Breakdown

A central one-bedroom costs $0 in Ragama versus $490 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 $25 in Ragama versus $33 in Medellin. Groceries tell a different story – $255 in Ragama vs $190 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

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

Ragama vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 96%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $789 per month in Ragama and $1,544 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $25.00 in Ragama and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 34% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Ragama, where all-in costs run around $526, than in Medellin at $1,030. In Ragama it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Ragama – 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 Ragama. 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.