Cost of Living Comparison Between Seoul and Medellin Cost of Living Comparison Between Seoul and Medellin

Monthly Cost of Living

A single person spends $1,765 per month in Seoul vs $1,031 in Medellin, rent included.

A couple spends around $2,881 per month in Seoul vs $1,599 in Medellin, rent included.

A family of three spends $3,997 per month in Seoul vs $2,167 in Medellin, rent included.

Seoul costs about 71% more than Medellin, driven mainly by Groceries & Markets.

Seoul sits 32% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Seoul
Medellin
Difference
Meal at Budget Restaurant
$8.73 ₩12.9K
$6.16 COP 20.1K
41.72%
Three-Course Dinner for Two, Mid-Range
$54.3 ₩80.2K
$32.60 COP 106.1K
66.66%
Fast Food Meal (McDonalds, etc)
$6.47 ₩9,546
$7.34 COP 23.9K
-11.85%
Cappuccino
$3.88 ₩5,717
$1.72 COP 5,599
125.58%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.65 ₩2,435
$1.05 COP 3,420
57.14%
Water (0.33 liter bottle)
$0.86 ₩1,263
$0.77 COP 2,515
11.69%
Local Beer (0.5 liter draught)
$3.77 ₩5,562
$1.69 COP 5,487
123.08%
Imported Beer (0.33 liter bottle)
$5.72 ₩8,444
$3.17 COP 10.3K
80.44%
🛒 Groceries & Markets
Seoul
Medellin
Difference
Milk (1 liter)
$2.26 ₩3,340
$1.05 COP 3,423
115.24%
White Bread (500g)
$3.42 ₩5,051
$1.30 COP 4,236
163.08%
Rice (white) (1kg)
$3.09 ₩4,565
$1.40 COP 4,544
120.71%
Eggs
$3.06 ₩4,509
$2.16 COP 7,046
41.67%
Local Cheese (1kg)
$14.51 ₩21.4K
$4.39 COP 14.3K
230.52%
Chicken Fillets (1kg)
$10.76 ₩15.9K
$5.88 COP 19.1K
82.99%
Beef Round Steak (1kg)
$34.54 ₩51.0K
$8.64 COP 28.1K
299.77%
Apples (1kg)
$7.65 ₩11.3K
$2.28 COP 7,425
235.53%
Banana (1kg)
$3.54 ₩5,227
$1.11 COP 3,603
218.92%
Oranges (1kg)
$5.42 ₩7,995
$1.53 COP 4,982
254.25%
Tomato (1kg)
$6.49 ₩9,575
$1.35 COP 4,410
380.74%
Potato (1kg)
$3.87 ₩5,705
$1.13 COP 3,674
242.48%
Onion (1kg)
$2.87 ₩4,236
$1.13 COP 3,692
153.98%
Lettuce (1 head)
$2.61 ₩3,856
$0.85 COP 2,753
207.06%
Water (1.5 liter bottle)
$1.32 ₩1,943
$0.91 COP 2,975
45.05%
Cigarettes 20 Pack (Marlboro, Camel)
$3.32 ₩4,905
$2.34 COP 7,629
41.88%
Wine (Bottle)
$16.50 ₩24.3K
$12.37 COP 40.3K
33.39%
Local Beer (0.5 liter bottle)
$2.38 ₩3,517
$1.20 COP 3,909
98.33%
Imported Beer (0.33 liter bottle)
$3.37 ₩4,973
$2.49 COP 8,104
35.34%
🚌 Getting Around
Seoul
Medellin
Difference
One-way Ticket (Public Transport)
$1.08 ₩1,587
$0.84 COP 2,727
28.57%
Public Transport Monthly Pass (Regular Price)
$46.87 ₩69.1K
$40.57 COP 132.1K
15.53%
Taxi Start (Normal Tariff)
$3.46 ₩5,109
$1.42 COP 4,623
143.66%
Taxi (Normal Tariff) (1km)
$0.57 ₩840
$1.92 COP 6,235
-70.31%
Taxi 1hour Waiting (Normal Tariff)
$9.00 ₩13.3K
$7.66 COP 24.9K
17.49%
Gasoline (1 liter)
$1.25 ₩1,846
$0.99 COP 3,223
26.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.9K ₩41.2M
$18.0K COP 58.7M
54.94%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.4K ₩37.4M
$26.6K COP 86.7M
-4.74%
🧾 Monthly Utilities & Internet
Seoul
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$160 ₩236.5K
$80.8 COP 263.1K
98.33%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$34.41 ₩50.8K
$9.95 COP 32.4K
245.83%
Internet (50+ Mbps, Unlimited Data)
$22.05 ₩32.5K
$24.18 COP 78.7K
-8.81%
🎉 Sport & Entertainment
Seoul
Medellin
Difference
Gym Membership (Monthly)
$58.0 ₩85.5K
$25.08 COP 81.6K
131.06%
Tennis Court (1 Hour on Weekend)
$23.44 ₩34.6K
$19.15 COP 62.3K
22.40%
Cinema Ticket
$10.93 ₩16.1K
$3.98 COP 13.0K
174.62%
🧸 Childcare & Education
Seoul
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$417 ₩615.5K
$305 COP 993.4K
36.70%
International Primary School, 1 Child (Yearly)
$23.6K ₩34.8M
$6,059 COP 19.7M
289.32%
👕👟 Clothing & Footwear
Seoul
Medellin
Difference
Jeans (Levis 501 Or Similar)
$59.2 ₩87.3K
$58.1 COP 189.2K
1.79%
Summer Dress (H&M, Zara, etc)
$48.41 ₩71.4K
$32.20 COP 104.8K
50.34%
Sport Shoes (Adidas, Nike)
$79.9 ₩117.8K
$101 COP 327.9K
-20.72%
Men's Leather Business Shoes
$115 ₩169.4K
$108 COP 350.8K
6.57%
🏠 Accommodation & Living
Seoul
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$944 ₩1.4M
$477 COP 1.6M
98.04%
1-bedroom Apartment, Outside City Center (Monthly)
$588 ₩867.2K
$376 COP 1.2M
56.26%
3-bedroom Apartment, City Center (Monthly)
$2,584 ₩3.8M
$845 COP 2.7M
205.86%
3-bedroom Apartment, Outside City Center (Monthly)
$1,312 ₩1.9M
$730 COP 2.4M
79.61%
Buy Apartment in City Center (m2)
$26.0K ₩38.4M
$3,215 COP 10.5M
708.68%
Buy Apartment Outside City Center (m2)
$10.7K ₩15.8M
$1,372 COP 4.5M
679.78%
💵 Salaries & Financials
Seoul
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,149 ₩4.6M
$617 COP 2.0M
410.54%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.14
13.43
-69.17%

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

Last update for Seoul: July 14, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $944 in Seoul versus $477 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 411% higher in Seoul, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $54.0 in Seoul versus $33.00 in Medellin. Monthly groceries follow the same trend: $491 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
Seoul vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Seoul?
Yes – Seoul is pricier by about 71%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $2,647 per month in Seoul and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
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.
Is eating out cheaper in Seoul or in Medellin?
A mid-range dinner for two costs $54.0 in Seoul and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Seoul and in Medellin?
Monthly expenses with rent come to $1,765 in Seoul and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for living in Seoul or in Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,031, than in Seoul at $1,765. In Medellin it covers expenses comfortably, while in Seoul it requires careful planning or may not stretch far enough.
Is Seoul or Medellin more family-friendly?
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.
Which city is safer, Seoul or Medellin?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Seoul makes more sense. Both are solid long-term options with distinct trade-offs.

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