🙂A single person spends $476 per month in Takoradi vs $1,034 in Medellin, rent included.
🙂A couple spends around $828 per month in Takoradi vs $1,577 in Medellin, rent included.
🙂A family of three spends $1,180 per month in Takoradi vs $2,120 in Medellin, rent included.
🙂Takoradi is about 54% cheaper than Medellin, driven mainly by Clothing & Footwear.
📊Both Takoradi and Medellin are more affordable than the global median – Takoradi64% lower, Medellin23% lower.
Currency
🍽 Eating Out
Takoradi
Medellin
Difference
Meal at Budget Restaurant
$4.30GHS 48.03
$5.92COP 21.5K
-27.36%
Three-Course Dinner for Two, Mid-Range
$47.46GHS 530
$32.75COP 119.1K
44.92%
Fast Food Meal(McDonalds, etc)
$7.95GHS 88.7
$7.20COP 26.2K
10.42%
Cappuccino
$3.62GHS 40.36
$1.70COP 6,186
112.94%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.93GHS 10.39
$1.10COP 3,996
-15.45%
Water(0.33 liter bottle)
$0.37GHS 4.16
$0.72COP 2,625
-48.61%
Local Beer(0.5 liter draught)
$1.51GHS 16.90
$1.67COP 6,067
-9.58%
Imported Beer(0.33 liter bottle)
$2.46GHS 27.46
$3.10COP 11.3K
-20.65%
🛒 Groceries & Markets
Takoradi
Medellin
Difference
Milk(1 liter)
$1.62GHS 18.12
$1.06COP 3,837
52.83%
White Bread(500g)
$1.19GHS 13.24
$1.25COP 4,531
-4.80%
Rice(white)(1kg)
$1.98GHS 22.15
$1.39COP 5,060
42.45%
Eggs
$2.27GHS 25.31
$2.26COP 8,229
0.44%
Local Cheese(1kg)
$11.08GHS 124
$4.33COP 15.8K
155.89%
Chicken Fillets(1kg)
$4.72GHS 52.7
$5.84COP 21.2K
-19.18%
Beef Round Steak(1kg)
$2.96GHS 32.98
$8.83COP 32.1K
-66.48%
Apples(1kg)
$2.65GHS 29.60
$2.24COP 8,159
18.30%
Banana(1kg)
$1.00GHS 11.12
$1.08COP 3,911
-7.41%
Oranges(1kg)
$1.19GHS 13.33
$1.53COP 5,563
-22.22%
Tomato(1kg)
$2.00GHS 22.29
$1.37COP 4,987
45.99%
Potato(1kg)
$2.49GHS 27.78
$1.13COP 4,109
120.35%
Onion(1kg)
$2.21GHS 24.71
$1.12COP 4,067
97.32%
Lettuce(1 head)
$0.75GHS 8.36
$0.85COP 3,080
-11.76%
Water(1.5 liter bottle)
$0.28GHS 3.12
$0.91COP 3,305
-69.23%
Cigarettes 20 Pack(Marlboro, Camel)
$1.58GHS 17.64
$2.33COP 8,477
-32.19%
Wine(Bottle)
$6.32GHS 70.5
$11.13COP 40.5K
-43.22%
Local Beer(0.5 liter bottle)
$0.36GHS 3.97
$1.19COP 4,342
-69.75%
Imported Beer(0.33 liter bottle)
$1.95GHS 21.76
$2.37COP 8,617
-17.72%
🚌 Getting Around
Takoradi
Medellin
Difference
One-way Ticket(Public Transport)
-
$0.79COP 2,859
-
Public Transport Monthly Pass(Regular Price)
-
$41.13COP 149.6K
-
Taxi Start(Normal Tariff)
$1.56GHS 17.45
$1.44COP 5,223
8.33%
Taxi(Normal Tariff)(1km)
$1.22GHS 13.64
$1.91COP 6,952
-36.13%
Taxi 1hour Waiting(Normal Tariff)
$5.42GHS 60.5
$8.02COP 29.2K
-32.42%
Gasoline(1 liter)
$1.13GHS 12.58
$0.94COP 3,410
20.21%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$8,026GHS 89.6K
$17.9KCOP 65.2M
-55.22%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$9,606GHS 107.2K
$26.8KCOP 97.4M
-64.14%
🧾 Monthly Utilities & Internet
Takoradi
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$54.6GHS 610
$84.0COP 305.4K
-34.93%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$13.25GHS 148
$9.60COP 34.9K
38.02%
Internet(50+ Mbps, Unlimited Data)
$38.31GHS 428
$24.16COP 87.9K
58.57%
🎉 Sport & Entertainment
Takoradi
Medellin
Difference
Gym Membership(Monthly)
-
$25.88COP 94.1K
-
Tennis Court(1 Hour on Weekend)
-
$19.04COP 69.3K
-
Cinema Ticket
$9.66GHS 108
$3.92COP 14.2K
146.43%
🧸 Childcare & Education
Takoradi
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$71.8GHS 801
$306COP 1.1M
-76.58%
International Primary School, 1 Child(Yearly)
$8,055GHS 89.9K
$5,919COP 21.5M
36.09%
👕👟 Clothing & Footwear
Takoradi
Medellin
Difference
Jeans(Levis 501 Or Similar)
$14.69GHS 164
$57.9COP 210.6K
-74.63%
Summer Dress(H&M, Zara, etc)
$18.70GHS 209
$31.82COP 115.7K
-41.23%
Sport Shoes(Adidas, Nike)
$29.08GHS 325
$99.9COP 363.3K
-70.89%
Men's Leather Business Shoes
$42.10GHS 470
$107COP 389.7K
-60.71%
🏠 Accommodation & Living
Takoradi
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
-
$487COP 1.8M
-
1-bedroom Apartment, Outside City Center(Monthly)
-
$368COP 1.3M
-
3-bedroom Apartment, City Center(Monthly)
-
$826COP 3.0M
-
3-bedroom Apartment, Outside City Center(Monthly)
-
$716COP 2.6M
-
Buy Apartment in City Center(m2)
-
$2,925COP 10.6M
-
Buy Apartment Outside City Center(m2)
-
$1,407COP 5.1M
-
💵 Salaries & Financials
Takoradi
Medellin
Difference
Average Monthly Net Salary(After Tax)
-
$546COP 2.0M
-
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: April 27, 2026
Last update for Medellin: April 27, 2026
Cost Breakdown
🛒A mid-range dinner for two costs $47.00 in Takoradi versus $33.00 in Medellin. Groceries tell a different story – $181 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 117%, 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 $714 per month in Takoradi and $1,550 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 $47.00 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 5% 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 $476, than in Medellin at $1,034. 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.