Cost of Living Comparison Between San Ignacio de Velasco and Medellin Cost of Living Comparison Between San Ignacio de Velasco and Medellin

Monthly Cost of Living

A single person spends $160 per month in San Ignacio de Velasco vs $1,031 in Medellin, rent included.

A couple spends around $266 per month in San Ignacio de Velasco vs $1,599 in Medellin, rent included.

A family of three spends $372 per month in San Ignacio de Velasco vs $2,167 in Medellin, rent included.

San Ignacio de Velasco is about 84% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both San Ignacio de Velasco and Medellin are more affordable than the global median – San Ignacio de Velasco 88% lower, Medellin 23% lower.

Meal at Budget Restaurant

$6.16 COP 20.1K

Three-Course Dinner for Two, Mid-Range

$32.60 COP 106.1K

Fast Food Meal (McDonalds, etc)

$7.34 COP 23.9K

Cappuccino

$1.72 COP 5,600

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

$1.05 COP 3,420

Water (0.33 liter bottle)

$0.77 COP 2,515

Local Beer (0.5 liter draught)

$1.69 COP 5,488

Imported Beer (0.33 liter bottle)

$3.17 COP 10.3K

Milk (1 liter)

$0.75 BOB 8.00

$1.05 COP 3,423

-28.57%

White Bread (500g)

$1.74 BOB 18.49

$1.30 COP 4,236

33.85%

Rice (white) (1kg)

$0.76 BOB 8.11

$1.40 COP 4,544

-45.71%

Eggs

$3.40 BOB 36.25

$2.16 COP 7,047

57.41%

Local Cheese (1kg)

$3.54 BOB 37.72

$4.39 COP 14.3K

-19.36%

Chicken Fillets (1kg)

$2.60 BOB 27.68

$5.88 COP 19.1K

-55.78%

Beef Round Steak (1kg)

$4.31 BOB 45.89

$8.64 COP 28.1K

-50.12%

Apples (1kg)

$2.92 BOB 31.12

$2.28 COP 7,426

28.07%

Banana (1kg)

$2.21 BOB 23.52

$1.11 COP 3,604

99.10%

Oranges (1kg)

$1.44 BOB 15.33

$1.53 COP 4,983

-5.88%

Tomato (1kg)

$0.99 BOB 10.57

$1.35 COP 4,410

-26.67%

Potato (1kg)

$1.49 BOB 15.87

$1.13 COP 3,674

31.86%

Onion (1kg)

$0.71 BOB 7.59

$1.13 COP 3,692

-37.17%

Lettuce (1 head)

$0.60 BOB 6.37

$0.85 COP 2,753

-29.41%

Water (1.5 liter bottle)

$1.18 BOB 12.55

$0.91 COP 2,975

29.67%

Cigarettes 20 Pack (Marlboro, Camel)

$1.72 BOB 18.27

$2.34 COP 7,630

-26.50%

Wine (Bottle)

$7.17 BOB 76.4

$12.37 COP 40.3K

-42.04%

Local Beer (0.5 liter bottle)

$1.78 BOB 18.92

$1.20 COP 3,909

48.33%

Imported Beer (0.33 liter bottle)

$2.49 COP 8,104

One-way Ticket (Public Transport)

$0.84 COP 2,728

Public Transport Monthly Pass (Regular Price)

$40.57 COP 132.1K

Taxi Start (Normal Tariff)

$1.42 COP 4,623

Taxi (Normal Tariff) (1km)

$1.92 COP 6,235

Taxi 1hour Waiting (Normal Tariff)

$7.66 COP 24.9K

Gasoline (1 liter)

$0.99 COP 3,223

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

$18.0K COP 58.7M

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

$26.6K COP 86.7M

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

$80.8 COP 263.1K

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

$9.95 COP 32.4K

Internet (50+ Mbps, Unlimited Data)

$24.18 COP 78.7K

Gym Membership (Monthly)

$25.08 COP 81.7K

Tennis Court (1 Hour on Weekend)

$19.15 COP 62.3K

Cinema Ticket

$3.98 COP 13.0K

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

$305 COP 993.5K

International Primary School, 1 Child (Yearly)

$6,059 COP 19.7M

Jeans (Levis 501 Or Similar)

$58.1 COP 189.2K

Summer Dress (H&M, Zara, etc)

$32.20 COP 104.8K

Sport Shoes (Adidas, Nike)

$101 COP 327.9K

Men's Leather Business Shoes

$108 COP 350.8K

1-bedroom Apartment, City Center (Monthly)

$477 COP 1.6M

1-bedroom Apartment, Outside City Center (Monthly)

$376 COP 1.2M

3-bedroom Apartment, City Center (Monthly)

$845 COP 2.7M

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.4M

Buy Apartment in City Center (m2)

$3,215 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$617 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for San Ignacio de Velasco: July 14, 2026

Last update for Medellin: July 12, 2026

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

San Ignacio de Velasco vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 543%, 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 $240 per month in San Ignacio de Velasco and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $160 in San Ignacio de Velasco and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 19% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in San Ignacio de Velasco, where all-in costs run around $160, than in Medellin at $1,031. In San Ignacio de Velasco it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward San Ignacio de Velasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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.

If budget matters most, go with San Ignacio de Velasco. 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.