🙂A single person spends $473 per month in Takoradi vs $1,017 in Medellin, rent included.
🙂A couple spends around $824 per month in Takoradi vs $1,602 in Medellin, rent included.
🙂A family of three spends $1,175 per month in Takoradi vs $2,188 in Medellin, rent included.
🙂Takoradi is about 53% cheaper than Medellin, driven mainly by Clothing & Footwear.
📊Both Takoradi and Medellin are more affordable than the global median – Takoradi65% lower, Medellin24% lower.
Currency
🍽 Eating Out
Takoradi
Medellin
Difference
Meal at Budget Restaurant
$4.24GHS 46.69
$5.95COP 20.8K
-28.74%
Three-Course Dinner for Two, Mid-Range
$47.79GHS 526
$33.33COP 116.3K
43.38%
Fast Food Meal(McDonalds, etc)
$7.84GHS 86.2
$7.23COP 25.2K
8.44%
Cappuccino
$3.60GHS 39.62
$1.63COP 5,687
120.86%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.91GHS 10.06
$1.09COP 3,821
-16.51%
Water(0.33 liter bottle)
$0.37GHS 4.07
$0.73COP 2,548
-49.32%
Local Beer(0.5 liter draught)
$1.50GHS 16.50
$1.74COP 6,065
-13.79%
Imported Beer(0.33 liter bottle)
$2.53GHS 27.78
$3.23COP 11.3K
-21.67%
🛒 Groceries & Markets
Takoradi
Medellin
Difference
Milk(1 liter)
$1.62GHS 17.78
$1.05COP 3,662
54.29%
White Bread(500g)
$1.15GHS 12.65
$1.29COP 4,515
-10.85%
Rice(white)(1kg)
$1.93GHS 21.26
$1.32COP 4,617
46.21%
Eggs
$2.30GHS 25.33
$2.27COP 7,927
1.32%
Local Cheese(1kg)
$11.18GHS 123
$4.35COP 15.2K
157.01%
Chicken Fillets(1kg)
$4.54GHS 49.95
$5.88COP 20.5K
-22.79%
Beef Round Steak(1kg)
$2.94GHS 32.37
$8.61COP 30.0K
-65.85%
Apples(1kg)
$2.65GHS 29.17
$2.25COP 7,844
17.78%
Banana(1kg)
$0.93GHS 10.27
$1.07COP 3,733
-13.08%
Oranges(1kg)
$1.20GHS 13.15
$1.52COP 5,322
-21.05%
Tomato(1kg)
$1.99GHS 21.85
$1.42COP 4,964
40.14%
Potato(1kg)
$2.60GHS 28.61
$1.17COP 4,084
122.22%
Onion(1kg)
$2.14GHS 23.58
$1.17COP 4,077
82.91%
Lettuce(1 head)
$0.80GHS 8.76
$0.89COP 3,096
-10.11%
Water(1.5 liter bottle)
$0.30GHS 3.33
$0.90COP 3,146
-66.67%
Cigarettes 20 Pack(Marlboro, Camel)
$1.59GHS 17.47
$2.25COP 7,837
-29.33%
Wine(Bottle)
$7.20GHS 79.2
$11.04COP 38.5K
-34.78%
Local Beer(0.5 liter bottle)
$0.36GHS 3.91
$1.14COP 3,977
-68.42%
Imported Beer(0.33 liter bottle)
$1.94GHS 21.33
$2.38COP 8,301
-18.49%
🚌 Getting Around
Takoradi
Medellin
Difference
One-way Ticket(Public Transport)
-
$0.84COP 2,916
-
Public Transport Monthly Pass(Regular Price)
-
$41.95COP 146.4K
-
Taxi Start(Normal Tariff)
$1.56GHS 17.19
$1.41COP 4,912
10.64%
Taxi(Normal Tariff)(1km)
$1.18GHS 12.93
$1.90COP 6,634
-37.89%
Taxi 1hour Waiting(Normal Tariff)
$5.50GHS 60.5
$7.75COP 27.0K
-29.03%
Gasoline(1 liter)
$1.09GHS 11.94
$1.01COP 3,509
7.92%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$8,139GHS 89.5K
$17.6KCOP 61.4M
-53.70%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$9,560GHS 105.2K
$26.5KCOP 92.5M
-63.92%
🧾 Monthly Utilities & Internet
Takoradi
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$56.6GHS 623
$83.7COP 292.1K
-32.37%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.42GHS 148
$9.45COP 33.0K
42.01%
Internet(50+ Mbps, Unlimited Data)
$37.13GHS 408
$24.11COP 84.1K
54.00%
🎉 Sport & Entertainment
Takoradi
Medellin
Difference
Gym Membership(Monthly)
-
$25.31COP 88.3K
-
Tennis Court(1 Hour on Weekend)
-
$19.14COP 66.8K
-
Cinema Ticket
$9.78GHS 108
$4.10COP 14.3K
138.54%
🧸 Childcare & Education
Takoradi
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$71.9GHS 790
$312COP 1.1M
-76.96%
International Primary School, 1 Child(Yearly)
$7,926GHS 87.2K
$5,993COP 20.9M
32.26%
👕👟 Clothing & Footwear
Takoradi
Medellin
Difference
Jeans(Levis 501 Or Similar)
$14.86GHS 163
$58.0COP 202.6K
-74.40%
Summer Dress(H&M, Zara, etc)
$19.18GHS 211
$32.56COP 113.6K
-41.09%
Sport Shoes(Adidas, Nike)
$29.65GHS 326
$99.6COP 347.7K
-70.24%
Men's Leather Business Shoes
$41.03GHS 451
$109COP 378.8K
-62.20%
🏠 Accommodation & Living
Takoradi
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
-
$482COP 1.7M
-
1-bedroom Apartment, Outside City Center(Monthly)
-
$379COP 1.3M
-
3-bedroom Apartment, City Center(Monthly)
-
$837COP 2.9M
-
3-bedroom Apartment, Outside City Center(Monthly)
-
$723COP 2.5M
-
Buy Apartment in City Center(m2)
-
$2,840COP 9.9M
-
Buy Apartment Outside City Center(m2)
-
$1,223COP 4.3M
-
💵 Salaries & Financials
Takoradi
Medellin
Difference
Average Monthly Net Salary(After Tax)
-
$541COP 1.9M
-
20-Year Fixed Mortgage Interest Rate(Annual %)
25.4
13.43
89.13%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Takoradi: June 8, 2026
Last update for Medellin: June 8, 2026
Cost Breakdown
🛒A mid-range dinner for two costs $48.00 in Takoradi versus $33.00 in Medellin. Groceries tell a different story – $182 in Takoradi vs $190 in Medellin – so Takoradi 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
Takoradi vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Takoradi?
Yes – Medellin is pricier by about 115%, and the gap shows up most in Clothing & Footwear. 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 $709 per month in Takoradi and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Is eating out cheaper in Takoradi or Medellin?
A mid-range dinner for two costs $48.00 in Takoradi 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 Takoradi and Medellin?
Groceries cost about 4% 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 $1,500 a realistic budget for Takoradi or Medellin?
A $1,500 monthly budget goes further in Takoradi, where all-in costs run around $473, than in Medellin at $1,017. In Takoradi it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Takoradi or Medellin more family-friendly?
Families tend to lean toward Takoradi – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Takoradi. 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.