Cost of Living Comparison Between Sharm El Sheikh and Medellin Cost of Living Comparison Between Sharm El Sheikh and Medellin

Monthly Cost of Living

A single person spends $705 per month in Sharm El Sheikh vs $1,031 in Medellin, rent included.

A couple spends around $1,110 per month in Sharm El Sheikh vs $1,599 in Medellin, rent included.

A family of three spends $1,515 per month in Sharm El Sheikh vs $2,167 in Medellin, rent included.

Sharm El Sheikh is about 32% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Sharm El Sheikh and Medellin are more affordable than the global median – Sharm El Sheikh 47% lower, Medellin 23% lower.

Currency
🍽 Eating Out
Sharm El Sheikh
Medellin
Difference
Meal at Budget Restaurant
$7.68 E£392
$6.16 COP 20.1K
24.68%
Three-Course Dinner for Two, Mid-Range
$21.57 E£1,102
$32.60 COP 106.1K
-33.83%
Fast Food Meal (McDonalds, etc)
$5.31 E£271
$7.34 COP 23.9K
-27.66%
Cappuccino
$1.79 E£91.5
$1.72 COP 5,600
4.07%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$0.32 E£16.17
$1.05 COP 3,420
-69.52%
Water (0.33 liter bottle)
$0.47 E£24.06
$0.77 COP 2,515
-38.96%
Local Beer (0.5 liter draught)
$3.03 E£155
$1.69 COP 5,488
79.29%
Imported Beer (0.33 liter bottle)
$4.80 E£245
$3.17 COP 10.3K
51.42%
🛒 Groceries & Markets
Sharm El Sheikh
Medellin
Difference
Milk (1 liter)
$0.92 E£46.78
$1.05 COP 3,423
-12.38%
White Bread (500g)
$0.58 E£29.83
$1.30 COP 4,236
-55.38%
Rice (white) (1kg)
$0.71 E£36.10
$1.40 COP 4,544
-49.29%
Eggs
$1.29 E£65.9
$2.16 COP 7,047
-40.28%
Local Cheese (1kg)
$3.30 E£169
$4.39 COP 14.3K
-24.83%
Chicken Fillets (1kg)
$4.02 E£205
$5.88 COP 19.1K
-31.63%
Beef Round Steak (1kg)
$8.73 E£446
$8.64 COP 28.1K
1.04%
Apples (1kg)
$1.56 E£79.5
$2.28 COP 7,426
-31.58%
Banana (1kg)
$0.47 E£24.04
$1.11 COP 3,604
-57.66%
Oranges (1kg)
$0.47 E£23.89
$1.53 COP 4,983
-69.28%
Tomato (1kg)
$0.31 E£16.03
$1.35 COP 4,410
-77.04%
Potato (1kg)
$0.38 E£19.32
$1.13 COP 3,674
-66.37%
Onion (1kg)
$0.43 E£22.05
$1.13 COP 3,692
-61.95%
Lettuce (1 head)
$0.24 E£12.29
$0.85 COP 2,753
-71.76%
Water (1.5 liter bottle)
$0.18 E£9.24
$0.91 COP 2,975
-80.22%
Cigarettes 20 Pack (Marlboro, Camel)
$1.66 E£84.6
$2.34 COP 7,630
-29.06%
Wine (Bottle)
-
$12.37 COP 40.3K
-
Local Beer (0.5 liter bottle)
$1.36 E£69.6
$1.20 COP 3,909
13.33%
Imported Beer (0.33 liter bottle)
$1.87 E£95.3
$2.49 COP 8,104
-24.90%
🚌 Getting Around
Sharm El Sheikh
Medellin
Difference
One-way Ticket (Public Transport)
$0.09 E£4.66
$0.84 COP 2,728
-89.29%
Public Transport Monthly Pass (Regular Price)
-
$40.57 COP 132.1K
-
Taxi Start (Normal Tariff)
$0.42 E£21.38
$1.42 COP 4,623
-70.42%
Taxi (Normal Tariff) (1km)
$0.31 E£15.84
$1.92 COP 6,235
-83.85%
Taxi 1hour Waiting (Normal Tariff)
$2.03 E£103
$7.66 COP 24.9K
-73.50%
Gasoline (1 liter)
$0.32 E£16.52
$0.99 COP 3,223
-67.68%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.2K E£1.8M
$18.0K COP 58.7M
95.18%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.1K E£1.7M
$26.6K COP 86.7M
24.48%
🧾 Monthly Utilities & Internet
Sharm El Sheikh
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$12.02 E£614
$80.8 COP 263.1K
-85.13%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.23 E£574
$9.95 COP 32.4K
12.86%
Internet (50+ Mbps, Unlimited Data)
$28.27 E£1,444
$24.18 COP 78.7K
16.91%
🎉 Sport & Entertainment
Sharm El Sheikh
Medellin
Difference
Gym Membership (Monthly)
$14.60 E£746
$25.08 COP 81.7K
-41.79%
Tennis Court (1 Hour on Weekend)
$6.04 E£308
$19.15 COP 62.3K
-68.46%
Cinema Ticket
$3.36 E£172
$3.98 COP 13.0K
-15.58%
🧸 Childcare & Education
Sharm El Sheikh
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$114 E£5,808
$305 COP 993.5K
-62.74%
International Primary School, 1 Child (Yearly)
$1,866 E£95.3K
$6,059 COP 19.7M
-69.21%
👕👟 Clothing & Footwear
Sharm El Sheikh
Medellin
Difference
Jeans (Levis 501 Or Similar)
$27.29 E£1,394
$58.1 COP 189.2K
-53.05%
Summer Dress (H&M, Zara, etc)
$49.45 E£2,526
$32.20 COP 104.8K
53.57%
Sport Shoes (Adidas, Nike)
$110 E£5,642
$101 COP 327.9K
9.67%
Men's Leather Business Shoes
$51.3 E£2,621
$108 COP 350.8K
-52.37%
🏠 Accommodation & Living
Sharm El Sheikh
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$371 E£19.0K
$477 COP 1.6M
-22.10%
1-bedroom Apartment, Outside City Center (Monthly)
$283 E£14.5K
$376 COP 1.2M
-24.76%
3-bedroom Apartment, City Center (Monthly)
$640 E£32.7K
$845 COP 2.7M
-24.28%
3-bedroom Apartment, Outside City Center (Monthly)
$542 E£27.7K
$730 COP 2.4M
-25.81%
Buy Apartment in City Center (m2)
$927 E£47.3K
$3,215 COP 10.5M
-71.17%
Buy Apartment Outside City Center (m2)
$663 E£33.9K
$1,372 COP 4.5M
-51.69%
💵 Salaries & Financials
Sharm El Sheikh
Medellin
Difference
Average Monthly Net Salary (After Tax)
$162 E£8,292
$617 COP 2.0M
-73.68%
20-Year Fixed Mortgage Interest Rate (Annual %)
16.67
13.43
24.13%

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

Last update for Sharm El Sheikh: July 13, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $371 in Sharm El Sheikh 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 280% higher in Medellin, 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 $22.00 in Sharm El Sheikh versus $33.00 in Medellin. Monthly groceries follow the same trend: $109 vs $193 – making Sharm El Sheikh 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
Sharm El Sheikh vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Sharm El Sheikh?
Yes – Medellin is pricier by about 46%, 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 $1,057 per month in Sharm El Sheikh 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 Sharm El Sheikh, 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 Sharm El Sheikh or in Medellin?
A mid-range dinner for two costs $22.00 in Sharm El Sheikh and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Sharm El Sheikh and in Medellin?
Groceries cost about 77% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Sharm El Sheikh or in Medellin?
A $2,000 monthly budget goes further in Sharm El Sheikh, where all-in costs run around $705, than in Medellin at $1,031. In Sharm El Sheikh it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Sharm El Sheikh or Medellin more family-friendly?
Families tend to lean toward Sharm El Sheikh – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Sharm El Sheikh 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 Sharm El Sheikh. 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.

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