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 $164 per month in San Ignacio de Velasco vs $1,013 in Medellin, rent included.

A couple spends around $266 per month in San Ignacio de Velasco vs $1,602 in Medellin, rent included.

A family of three spends $368 per month in San Ignacio de Velasco vs $2,192 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 24% lower.

Meal at Budget Restaurant

$5.99 COP 21.4K

Three-Course Dinner for Two, Mid-Range

$32.86 COP 117.4K

Fast Food Meal (McDonalds, etc)

$7.09 COP 25.3K

Cappuccino

$1.71 COP 6,115

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

$1.10 COP 3,924

Water (0.33 liter bottle)

$0.78 COP 2,781

Local Beer (0.5 liter draught)

$1.68 COP 5,997

Imported Beer (0.33 liter bottle)

$3.07 COP 11.0K

Milk (1 liter)

$0.70 BOB 4.78

$1.09 COP 3,906

-35.78%

White Bread (500g)

$1.70 BOB 11.67

$1.26 COP 4,508

34.92%

Rice (white) (1kg)

$0.75 BOB 5.15

$1.38 COP 4,922

-45.65%

Eggs

$3.54 BOB 24.26

$2.19 COP 7,827

61.64%

Local Cheese (1kg)

$3.57 BOB 24.48

$4.40 COP 15.7K

-18.86%

Chicken Fillets (1kg)

$2.54 BOB 17.40

$5.63 COP 20.1K

-54.88%

Beef Round Steak (1kg)

$4.29 BOB 29.44

$8.89 COP 31.8K

-51.74%

Apples (1kg)

$2.87 BOB 19.68

$2.34 COP 8,349

22.65%

Banana (1kg)

$2.19 BOB 15.03

$1.06 COP 3,777

106.60%

Oranges (1kg)

$1.48 BOB 10.18

$1.50 COP 5,374

-1.33%

Tomato (1kg)

$1.04 BOB 7.13

$1.38 COP 4,924

-24.64%

Potato (1kg)

$1.46 BOB 10.04

$1.15 COP 4,111

26.96%

Onion (1kg)

$0.75 BOB 5.15

$1.16 COP 4,155

-35.34%

Lettuce (1 head)

$0.55 BOB 3.78

$0.89 COP 3,182

-38.20%

Water (1.5 liter bottle)

$1.14 BOB 7.79

$0.84 COP 2,997

35.71%

Cigarettes 20 Pack (Marlboro, Camel)

$1.75 BOB 12.02

$2.28 COP 8,145

-23.25%

Wine (Bottle)

$7.42 BOB 50.9

$10.64 COP 38.0K

-30.26%

Local Beer (0.5 liter bottle)

$1.77 BOB 12.11

$1.20 COP 4,284

47.50%

Imported Beer (0.33 liter bottle)

$2.47 COP 8,824

One-way Ticket (Public Transport)

$0.86 COP 3,056

Public Transport Monthly Pass (Regular Price)

$41.40 COP 147.9K

Taxi Start (Normal Tariff)

$1.47 COP 5,264

Taxi (Normal Tariff) (1km)

$1.96 COP 7,009

Taxi 1hour Waiting (Normal Tariff)

$7.74 COP 27.6K

Gasoline (1 liter)

$0.95 COP 3,409

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

$18.1K COP 64.7M

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

$26.5K COP 94.6M

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

$82.3 COP 293.7K

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

$9.50 COP 33.9K

Internet (50+ Mbps, Unlimited Data)

$24.23 COP 86.5K

Gym Membership (Monthly)

$25.89 COP 92.4K

Tennis Court (1 Hour on Weekend)

$19.00 COP 67.9K

Cinema Ticket

$3.93 COP 14.0K

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

$309 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,965 COP 21.3M

Jeans (Levis 501 Or Similar)

$58.7 COP 209.5K

Summer Dress (H&M, Zara, etc)

$32.35 COP 115.5K

Sport Shoes (Adidas, Nike)

$103 COP 366.4K

Men's Leather Business Shoes

$108 COP 387.2K

1-bedroom Apartment, City Center (Monthly)

$476 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$724 COP 2.6M

Buy Apartment in City Center (m2)

$2,791 COP 10.0M

Buy Apartment Outside City Center (m2)

$1,211 COP 4.3M

Average Monthly Net Salary (After Tax)

$512 COP 1.8M

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: June 1, 2026

Last update for Medellin: May 31, 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 518%, 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 $246 per month in San Ignacio de Velasco and $1,519 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $164 in San Ignacio de Velasco and $1,013 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 17% 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 $164, than in Medellin at $1,013. 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.