🙂A single person spends $574 per month in Takoradi vs $1,555 in Medellin, rent included.
🙂A couple spends around $967 per month in Takoradi vs $2,314 in Medellin, rent included.
🙂A family of three spends $1,359 per month in Takoradi vs $3,072 in Medellin, rent included.
🙂Takoradi is about 63% cheaper than Medellin, driven mainly by Clothing & Footwear.
📊Takoradi sits 57% below the global median, while Medellin is 15% above – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Takoradi
Medellin
Difference
Meal at Budget Restaurant
$7.94GHS 93.1
$7.59COP 24.7K
4.61%
Three-Course Dinner for Two, Mid-Range
$51.3GHS 601
$44.78COP 145.7K
14.52%
Fast Food Meal(McDonalds, etc)
$10.47GHS 123
$9.24COP 30.1K
13.31%
Cappuccino
$4.55GHS 53.3
$2.95COP 9,591
54.24%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$1.53GHS 17.94
$1.80COP 5,861
-15.00%
Water(0.33 liter bottle)
$0.48GHS 5.59
$1.35COP 4,391
-64.44%
Local Beer(0.5 liter draught)
$1.91GHS 22.40
$2.93COP 9,544
-34.81%
Imported Beer(0.33 liter bottle)
$2.28GHS 26.67
$5.46COP 17.8K
-58.24%
🛒 Groceries & Markets
Takoradi
Medellin
Difference
Milk(1 liter)
$1.44GHS 16.89
$1.43COP 4,663
0.70%
White Bread(500g)
$1.04GHS 12.21
$2.39COP 7,785
-56.49%
Rice(white)(1kg)
$1.75GHS 20.47
$1.60COP 5,209
9.37%
Eggs
$2.70GHS 31.59
$2.88COP 9,364
-6.25%
Local Cheese(1kg)
$12.04GHS 141
$9.71COP 31.6K
24.00%
Chicken Fillets(1kg)
$4.65GHS 54.5
$9.44COP 30.7K
-50.74%
Beef Round Steak(1kg)
$2.73GHS 31.97
$13.24COP 43.1K
-79.38%
Apples(1kg)
$2.39GHS 28.06
$3.75COP 12.2K
-36.27%
Banana(1kg)
$0.82GHS 9.62
$1.45COP 4,703
-43.45%
Oranges(1kg)
$1.09GHS 12.79
$2.10COP 6,829
-48.10%
Tomato(1kg)
$1.75GHS 20.49
$2.13COP 6,930
-17.84%
Potato(1kg)
$2.23GHS 26.15
$1.92COP 6,259
16.15%
Onion(1kg)
$1.96GHS 22.96
$1.53COP 4,984
28.10%
Lettuce(1 head)
$0.77GHS 8.97
$1.09COP 3,549
-29.36%
Water(1.5 liter bottle)
$0.27GHS 3.20
$1.18COP 3,843
-77.12%
Cigarettes 20 Pack(Marlboro, Camel)
$2.55GHS 29.94
$3.79COP 12.3K
-32.72%
Wine(Bottle)
$6.96GHS 81.5
$13.16COP 42.8K
-47.11%
Local Beer(0.5 liter bottle)
$0.31GHS 3.64
$1.64COP 5,337
-81.10%
Imported Beer(0.33 liter bottle)
$2.44GHS 28.55
$2.28COP 7,410
7.02%
🚌 Getting Around
Takoradi
Medellin
Difference
One-way Ticket(Public Transport)
-
$1.18COP 3,825
-
Public Transport Monthly Pass(Regular Price)
-
$73.6COP 239.5K
-
Taxi Start(Normal Tariff)
$1.71GHS 20.03
$1.28COP 4,157
33.59%
Taxi(Normal Tariff)(1km)
$1.32GHS 15.44
$1.98COP 6,434
-33.33%
Taxi 1hour Waiting(Normal Tariff)
$4.36GHS 51.1
$7.89COP 25.7K
-44.74%
Gasoline(1 liter)
$1.36GHS 15.92
$1.29COP 4,211
5.43%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$8,055GHS 94.4K
$26.8KCOP 87.2M
-69.92%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$9,711GHS 113.8K
$34.7KCOP 112.9M
-72.01%
🧾 Monthly Utilities & Internet
Takoradi
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$73.2GHS 858
$158COP 513.6K
-53.63%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$19.67GHS 231
$13.39COP 43.6K
46.90%
Internet(50+ Mbps, Unlimited Data)
$42.63GHS 500
$27.28COP 88.8K
56.27%
🎉 Sport & Entertainment
Takoradi
Medellin
Difference
Gym Membership(Monthly)
-
$44.15COP 143.7K
-
Tennis Court(1 Hour on Weekend)
-
$15.99COP 52.0K
-
Cinema Ticket
$12.99GHS 152
$6.39COP 20.8K
103.29%
🧸 Childcare & Education
Takoradi
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$462GHS 5,416
$777COP 2.5M
-40.49%
International Primary School, 1 Child(Yearly)
$18.8KGHS 220.4K
$8,800COP 28.6M
113.72%
👕👟 Clothing & Footwear
Takoradi
Medellin
Difference
Jeans(Levis 501 Or Similar)
$14.24GHS 167
$82.7COP 269.2K
-82.79%
Summer Dress(H&M, Zara, etc)
$18.47GHS 216
$56.1COP 182.6K
-67.08%
Sport Shoes(Adidas, Nike)
$35.93GHS 421
$131COP 425.7K
-72.53%
Men's Leather Business Shoes
$53.5GHS 627
$95.9COP 312.1K
-44.20%
🏠 Accommodation & Living
Takoradi
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
-
$1,006COP 3.3M
-
1-bedroom Apartment, Outside City Center(Monthly)
-
$627COP 2.0M
-
3-bedroom Apartment, City Center(Monthly)
-
$1,826COP 5.9M
-
3-bedroom Apartment, Outside City Center(Monthly)
-
$969COP 3.2M
-
Buy Apartment in City Center(m2)
-
$3,907COP 12.7M
-
Buy Apartment Outside City Center(m2)
-
$1,576COP 5.1M
-
💵 Salaries & Financials
Takoradi
Medellin
Difference
Average Monthly Net Salary(After Tax)
-
$620COP 2.0M
-
20-Year Fixed Mortgage Interest Rate(Annual %)
26.75
10.94
144.52%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Takoradi: September 29, 2026
Last update for Medellin: September 28, 2026
Cost Breakdown
🛒A mid-range dinner for two costs $51.0 in Takoradi versus $45.00 in Medellin. Groceries tell a different story – $177 in Takoradi vs $285 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 171%, 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 $861 per month in Takoradi and $2,333 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 in Medellin?
A mid-range dinner for two costs $51.0 in Takoradi and $45.00 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 in Medellin?
Groceries cost about 61% 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 living in Takoradi or in Medellin?
A $1,500 monthly budget goes further in Takoradi, where all-in costs run around $574, than in Medellin at $1,555. 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.