Cost of Living Comparison Between Taipei and Medellin Cost of Living Comparison Between Taipei and Medellin

Monthly Cost of Living

A single person spends $1,371 per month in Taipei vs $1,716 in Medellin, rent included.

A couple spends around $2,237 per month in Taipei vs $2,527 in Medellin, rent included.

A family of three spends $3,104 per month in Taipei vs $3,338 in Medellin, rent included.

Taipei is about 20% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Taipei and Medellin sit above the global median – Taipei by 0%, Medellin by 25%.

Meal at Budget Restaurant

$4.62 NT$146

$8.03 COP 25.2K

-42.47%

Three-Course Dinner for Two, Mid-Range

$48.10 NT$1,524

$48.26 COP 151.7K

-0.33%

Fast Food Meal (McDonalds, etc)

$5.87 NT$186

$9.77 COP 30.7K

-39.92%

Cappuccino

$3.44 NT$109

$2.91 COP 9,149

18.21%

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

$0.92 NT$29.18

$1.94 COP 6,110

-52.58%

Water (0.33 liter bottle)

$0.66 NT$20.97

$1.52 COP 4,783

-56.58%

Local Beer (0.5 liter draught)

$2.76 NT$87.5

$3.09 COP 9,721

-10.68%

Imported Beer (0.33 liter bottle)

$3.74 NT$119

$5.74 COP 18.1K

-34.84%

Milk (1 liter)

$3.04 NT$96.4

$1.36 COP 4,287

123.53%

White Bread (500g)

$1.97 NT$62.3

$2.39 COP 7,505

-17.57%

Rice (white) (1kg)

$3.03 NT$96.0

$1.70 COP 5,346

78.24%

Eggs

$2.77 NT$87.9

$2.87 COP 9,021

-3.48%

Local Cheese (1kg)

$19.90 NT$630

$9.94 COP 31.2K

100.20%

Chicken Fillets (1kg)

$9.95 NT$315

$10.78 COP 33.9K

-7.70%

Beef Round Steak (1kg)

$21.25 NT$674

$14.73 COP 46.3K

44.26%

Apples (1kg)

$5.04 NT$160

$4.09 COP 12.8K

23.23%

Banana (1kg)

$3.36 NT$106

$1.57 COP 4,940

114.01%

Oranges (1kg)

$3.12 NT$98.8

$2.13 COP 6,682

46.48%

Tomato (1kg)

$4.46 NT$141

$2.21 COP 6,959

101.81%

Potato (1kg)

$2.80 NT$88.8

$2.05 COP 6,435

36.59%

Onion (1kg)

$2.32 NT$73.6

$1.50 COP 4,728

54.67%

Lettuce (1 head)

$1.71 NT$54.3

$1.19 COP 3,740

43.70%

Water (1.5 liter bottle)

$1.18 NT$37.32

$1.16 COP 3,640

1.72%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 NT$124

$3.90 COP 12.2K

Wine (Bottle)

$14.43 NT$457

$14.44 COP 45.4K

-0.07%

Local Beer (0.5 liter bottle)

$1.67 NT$52.8

$1.58 COP 4,978

5.70%

Imported Beer (0.33 liter bottle)

$2.31 NT$73.1

$2.83 COP 8,889

-18.37%

One-way Ticket (Public Transport)

$0.69 NT$21.98

$1.17 COP 3,672

-41.03%

Public Transport Monthly Pass (Regular Price)

$37.23 NT$1,180

$77.7 COP 244.3K

-52.10%

Taxi Start (Normal Tariff)

$2.70 NT$85.4

$1.28 COP 4,038

110.94%

Taxi (Normal Tariff) (1km)

$0.75 NT$23.84

$2.09 COP 6,576

-64.11%

Taxi 1hour Waiting (Normal Tariff)

$9.50 NT$301

$8.62 COP 27.1K

10.21%

Gasoline (1 liter)

$1.01 NT$32.12

$1.30 COP 4,080

-22.31%

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

$33.8K NT$1.1M

$27.7K COP 86.9M

22.18%

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

$24.1K NT$763.9K

$35.5K COP 111.6M

-32.11%

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

$85.7 NT$2,716

$176 COP 553.4K

-51.33%

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

$18.27 NT$579

$13.37 COP 42.0K

36.65%

Internet (50+ Mbps, Unlimited Data)

$27.88 NT$884

$29.89 COP 94.0K

-6.72%

Gym Membership (Monthly)

$41.07 NT$1,302

$44.76 COP 140.7K

-8.24%

Tennis Court (1 Hour on Weekend)

$15.95 NT$506

$17.06 COP 53.6K

-6.51%

Cinema Ticket

$9.66 NT$306

$6.20 COP 19.5K

55.81%

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

$633 NT$20.1K

$793 COP 2.5M

-20.25%

International Primary School, 1 Child (Yearly)

$16.9K NT$534.5K

$9,019 COP 28.4M

87.01%

Jeans (Levis 501 Or Similar)

$61.7 NT$1,956

$85.6 COP 269.1K

-27.91%

Summer Dress (H&M, Zara, etc)

$40.47 NT$1,283

$58.5 COP 183.8K

-30.79%

Sport Shoes (Adidas, Nike)

$83.8 NT$2,656

$136 COP 428.4K

-38.50%

Men's Leather Business Shoes

$107 NT$3,398

$103 COP 324.1K

3.99%

1-bedroom Apartment, City Center (Monthly)

$866 NT$27.5K

$1,060 COP 3.3M

-18.25%

1-bedroom Apartment, Outside City Center (Monthly)

$494 NT$15.7K

$680 COP 2.1M

-27.29%

3-bedroom Apartment, City Center (Monthly)

$1,572 NT$49.8K

$2,012 COP 6.3M

-21.89%

3-bedroom Apartment, Outside City Center (Monthly)

$955 NT$30.3K

$1,169 COP 3.7M

-18.23%

Buy Apartment in City Center (m2)

$12.7K NT$401.2K

$4,111 COP 12.9M

207.90%

Buy Apartment Outside City Center (m2)

$7,665 NT$242.9K

$1,701 COP 5.3M

350.53%

Average Monthly Net Salary (After Tax)

$1,716 NT$54.4K

$665 COP 2.1M

157.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

2.4

10.94

-78.06%

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

Last update for Taipei: August 31, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $866 in Taipei versus $1,060 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 158% higher in Taipei, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $48.00 in Taipei versus $48.00 in Medellin. Groceries tell a different story – $402 in Taipei vs $303 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

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

Taipei vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 25%, 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 $2,056 per month in Taipei and $2,574 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Taipei, 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 $48.00 in Taipei and $48.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,371 in Taipei and $1,716 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Taipei, where all-in costs run around $1,371, than in Medellin at $1,716. In Taipei it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Taipei – 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 Taipei. 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.