Cost of Living Comparison Between Santa Teresa and Medellin Cost of Living Comparison Between Santa Teresa and Medellin

Monthly Cost of Living

A single person spends $1,554 per month in Santa Teresa vs $1,003 in Medellin, rent included.

A couple spends around $2,289 per month in Santa Teresa vs $1,573 in Medellin, rent included.

A family of three spends $3,023 per month in Santa Teresa vs $2,143 in Medellin, rent included.

Santa Teresa costs about 55% more than Medellin, driven mainly by Groceries & Markets.

Santa Teresa sits 17% above the global median, while Medellin is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$9.68 ₡4,339

$5.91 COP 18.6K

63.79%

Three-Course Dinner for Two, Mid-Range

$43.26 ₡19.4K

$32.96 COP 103.8K

31.25%

Fast Food Meal (McDonalds, etc)

$9.22 ₡4,136

$7.43 COP 23.4K

24.09%

Cappuccino

$3.75 ₡1,682

$1.65 COP 5,207

127.27%

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

$1.98 ₡887

$1.10 COP 3,468

80.00%

Water (0.33 liter bottle)

$1.64 ₡737

$0.78 COP 2,458

110.26%

Local Beer (0.5 liter draught)

$2.93 ₡1,315

$1.72 COP 5,412

70.35%

Imported Beer (0.33 liter bottle)

$4.79 ₡2,150

$3.18 COP 10.0K

50.63%

Milk (1 liter)

$2.00 ₡895

$1.10 COP 3,474

81.82%

White Bread (500g)

$2.87 ₡1,289

$1.26 COP 3,962

127.78%

Rice (white) (1kg)

$2.17 ₡973

$1.38 COP 4,349

57.25%

Eggs

$3.02 ₡1,355

$2.18 COP 6,858

38.53%

Local Cheese (1kg)

$9.80 ₡4,396

$4.49 COP 14.1K

118.26%

Chicken Fillets (1kg)

$8.98 ₡4,026

$5.79 COP 18.2K

55.09%

Beef Round Steak (1kg)

$13.44 ₡6,025

$8.97 COP 28.2K

49.83%

Apples (1kg)

$4.63 ₡2,077

$2.32 COP 7,308

99.57%

Banana (1kg)

$1.50 ₡672

$1.06 COP 3,352

41.51%

Oranges (1kg)

$4.08 ₡1,830

$1.52 COP 4,774

168.42%

Tomato (1kg)

$3.23 ₡1,450

$1.36 COP 4,270

137.50%

Potato (1kg)

$3.37 ₡1,512

$1.13 COP 3,552

198.23%

Onion (1kg)

$2.57 ₡1,152

$1.17 COP 3,689

119.66%

Lettuce (1 head)

$1.01 ₡455

$0.90 COP 2,838

12.22%

Water (1.5 liter bottle)

$2.91 ₡1,304

$0.90 COP 2,823

223.33%

Cigarettes 20 Pack (Marlboro, Camel)

$4.90 ₡2,195

$2.23 COP 7,034

119.73%

Wine (Bottle)

$13.82 ₡6,196

$12.12 COP 38.2K

14.03%

Local Beer (0.5 liter bottle)

$2.44 ₡1,094

$1.19 COP 3,743

105.04%

Imported Beer (0.33 liter bottle)

$2.57 ₡1,151

$2.48 COP 7,815

3.63%

One-way Ticket (Public Transport)

$1.03 ₡461

$0.85 COP 2,687

21.18%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

Taxi Start (Normal Tariff)

$1.81 ₡809

$1.42 COP 4,459

27.46%

Taxi (Normal Tariff) (1km)

$1.85 ₡828

$1.95 COP 6,141

-5.13%

Taxi 1hour Waiting (Normal Tariff)

$7.98 ₡3,580

$7.89 COP 24.8K

1.14%

Gasoline (1 liter)

$1.41 ₡632

$0.99 COP 3,118

42.42%

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

$38.0K ₡17.0M

$17.6K COP 55.4M

115.92%

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

$32.7K ₡14.6M

$26.8K COP 84.4M

21.90%

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

$84.7 ₡38.0K

$83.0 COP 261.4K

2.01%

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

$26.18 ₡11.7K

$9.70 COP 30.5K

169.90%

Internet (50+ Mbps, Unlimited Data)

$50.8 ₡22.8K

$23.52 COP 74.1K

115.94%

Gym Membership (Monthly)

$50.3 ₡22.6K

$25.26 COP 79.5K

99.29%

Tennis Court (1 Hour on Weekend)

$24.32 ₡10.9K

$19.10 COP 60.1K

27.33%

Cinema Ticket

$8.84 ₡3,962

$3.95 COP 12.4K

123.80%

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

$558 ₡250.4K

$316 COP 994.2K

76.80%

International Primary School, 1 Child (Yearly)

$12.8K ₡5.8M

$5,975 COP 18.8M

114.72%

Jeans (Levis 501 Or Similar)

$61.7 ₡27.7K

$60.0 COP 188.9K

2.78%

Summer Dress (H&M, Zara, etc)

$50.5 ₡22.6K

$31.82 COP 100.2K

58.61%

Sport Shoes (Adidas, Nike)

$126 ₡56.6K

$102 COP 320.1K

24.25%

Men's Leather Business Shoes

$105 ₡47.3K

$107 COP 338.3K

-1.86%

1-bedroom Apartment, City Center (Monthly)

$694 ₡311.3K

$475 COP 1.5M

46.17%

1-bedroom Apartment, Outside City Center (Monthly)

$596 ₡267.4K

$374 COP 1.2M

59.45%

3-bedroom Apartment, City Center (Monthly)

$1,443 ₡647.2K

$849 COP 2.7M

69.99%

3-bedroom Apartment, Outside City Center (Monthly)

$957 ₡429.0K

$719 COP 2.3M

32.99%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.17

13.43

-24.27%

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

Last update for Santa Teresa: July 27, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $694 in Santa Teresa versus $475 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 $43.00 in Santa Teresa versus $33.00 in Medellin. Monthly groceries follow the same trend: $348 vs $193 – 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

Santa Teresa vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Santa Teresa is pricier by about 55%, 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 $2,332 per month in Santa Teresa and $1,504 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $43.00 in Santa Teresa and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 80% more in Santa Teresa, 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 Medellin, where all-in costs run around $1,003, than in Santa Teresa at $1,554. In Medellin it covers expenses comfortably, while in Santa Teresa it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Santa Teresa makes more sense. Both are solid long-term options with distinct trade-offs.