Last update: Nov 2026

Cost of Living Comparison Between San Ignacio de Velasco and Medellin

For one person, living is cheaper in San Ignacio de Velasco: $111 a month against $1,692 in Medellin, rent and utilities included – about $19,000 less a year. Rent and utilities account for about half of the difference.

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Cost of Living Index in Medellin
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Medellin Living Index

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San Ignacio de Velasco

🇧🇴 Bolivia

$111

/mo nomad

Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Monthly Cost of Living

How much you'll spend in San Ignacio de Velasco and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in San Ignacio de Velasco and in Medellin actually costs, broken down by who's living it.

A single person spends $111 per month in San Ignacio de Velasco vs $1,692 in Medellin, rent included.

San Ignacio de Velasco $111
Medellin $1,692

A couple spends around $181 per month in San Ignacio de Velasco vs $2,471 in Medellin, rent included.

San Ignacio de Velasco $181
Medellin $2,471

A family of three spends $252 per month in San Ignacio de Velasco vs $3,249 in Medellin, rent included.

San Ignacio de Velasco $252
Medellin $3,249

San Ignacio de Velasco is about 93% cheaper than Medellin, and outside of rent the biggest gap is in groceries.

San Ignacio de Velasco sits 92% below the global median, while Medellin is 25% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$8.34 COP 27.0K

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.9K

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.7K

Cappuccino

$3.13 COP 10.2K

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

$1.77 COP 5,728

Water (0.33 liter bottle)

$1.42 COP 4,620

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

Imported Beer (0.33 liter bottle)

$5.70 COP 18.5K

Milk (1 liter)

$0.44 BOB 5.30

$1.53 COP 4,971

-71.24%

White Bread (500g)

$2.56 BOB 30.79

$2.29 COP 7,431

11.79%

Rice (white) (1kg)

$0.41 BOB 4.92

$1.94 COP 6,308

-78.87%

Eggs

$2.04 BOB 24.63

$3.07 COP 9,945

-33.55%

Local Cheese (1kg)

$2.16 BOB 26.07

$9.99 COP 32.4K

-78.38%

Chicken Fillets (1kg)

$1.49 BOB 17.97

$10.45 COP 33.9K

-85.74%

Beef Round Steak (1kg)

$2.55 BOB 30.69

$13.96 COP 45.3K

-81.73%

Apples (1kg)

$1.72 BOB 20.71

$4.05 COP 13.1K

-57.53%

Banana (1kg)

$1.28 BOB 15.48

$1.53 COP 4,957

-16.34%

Oranges (1kg)

$0.81 BOB 9.78

$2.10 COP 6,825

-61.43%

Tomato (1kg)

$0.60 BOB 7.28

$2.29 COP 7,439

-73.80%

Potato (1kg)

$0.86 BOB 10.37

$2.11 COP 6,841

-59.24%

Onion (1kg)

$0.43 BOB 5.18

$1.71 COP 5,543

-74.85%

Lettuce (1 head)

$0.35 BOB 4.25

$1.17 COP 3,795

-70.09%

Water (1.5 liter bottle)

$0.69 BOB 8.32

$1.58 COP 5,125

-56.33%

Cigarettes 20 Pack (Marlboro, Camel)

$1.00 BOB 12.00

$3.91 COP 12.7K

-74.42%

Wine (Bottle)

$4.27 BOB 51.5

$14.04 COP 45.6K

-69.59%

Local Beer (0.5 liter bottle)

$1.00 BOB 12.05

$1.76 COP 5,714

-43.18%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,796

One-way Ticket (Public Transport)

$1.18 COP 3,826

Public Transport Monthly Pass (Regular Price)

$76.3 COP 247.4K

Taxi Start (Normal Tariff)

$1.81 COP 5,860

Taxi (Normal Tariff) (1km)

$2.13 COP 6,906

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.4K

Gasoline (1 liter)

$1.28 COP 4,136

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

$34.4K COP 111.7M

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

$34.1K COP 110.7M

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

$178 COP 576.4K

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

$13.89 COP 45.0K

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.7K

Gym Membership (Monthly)

$41.94 COP 136.0K

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.5K

Cinema Ticket

$7.47 COP 24.2K

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

$790 COP 2.6M

International Primary School, 1 Child (Yearly)

$12.3K COP 39.9M

Jeans (Levis 501 Or Similar)

$86.3 COP 280.0K

Summer Dress (H&M, Zara, etc)

$59.3 COP 192.2K

Sport Shoes (Adidas, Nike)

$138 COP 448.7K

Men's Leather Business Shoes

$98.8 COP 320.5K

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

Buy Apartment in City Center (m2)

$4,098 COP 13.3M

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

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 San Ignacio de Velasco: November 1, 2026

Last update for Medellin: November 2, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

San Ignacio de Velasco

–

Medellin

$667 39.4%

Groceries & Markets

San Ignacio de Velasco

–

Medellin

$307 18.2%

Monthly Utilities & Internet

San Ignacio de Velasco

–

Medellin

$222 13.1%

Eating Out

San Ignacio de Velasco

–

Medellin

$173 10.2%

Clothing & Footwear

San Ignacio de Velasco

–

Medellin

$172 10.2%

Getting Around

San Ignacio de Velasco

–

Medellin

$93 5.5%

Sport & Entertainment

San Ignacio de Velasco

–

Medellin

$57 3.4%

Good to know

🇧🇴 San Ignacio de Velasco

🇨🇴 Medellin

🕒 Local time

05:37 5:37 AM

04:37 4:37 AM

1 h behind San Ignacio de Velasco

🌤 Weather

👥 Population

31,594

2,486,723

💱 Currency

Bolivian Boliviano BOB Bs.

Colombian Peso COP $

📈 Exchange rate

100 BOB = 8.3 USD

100 BOB = 7.4 EUR

10,000 COP = 3.08 USD

10,000 COP = 2.75 EUR

Exchange rates and currency converter

COP, USD, EUR to BOB – Bolivian Boliviano Converter

🇺🇸 United States Dollar ($)

🇧🇴 Bolivian Boliviano (Bs.)

Bolivian Boliviano exchange rates as of November 4, 2026: 1 USD = 12.05 BOB (100 BOB = 8.3 USD). 1 EUR = 13.51 BOB (100 BOB = 7.4 EUR).

Colombian Peso exchange rates as of November 4, 2026: 1 USD = 3,243 COP (10,000 COP = 3.08 USD). 1 EUR = 3,636 COP (10,000 COP = 2.75 EUR).

USD to BOB in detail →

On the map

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Between locations

San Ignacio de Velasco Medellin 2,990 km ≈ 4 h 15 min nonstop flight

From you

San Ignacio de Velasco
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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 1430%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $166 per month in San Ignacio de Velasco and $2,538 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $111 in San Ignacio de Velasco and $1,692 in Medellin. That makes San Ignacio de Velasco about 93% cheaper.

Groceries cost about 178% more in Medellin, though the gap depends on what you buy.

A $1,000 monthly budget goes further in San Ignacio de Velasco, where all-in costs run around $111, than in Medellin at $1,692. In San Ignacio de Velasco it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $111 in San Ignacio de Velasco to $1,692 in Medellin. Climate, culture, job market, and personal taste all factor in.