Cost of Living Comparison Between Takoradi and Medellin Cost of Living Comparison Between Takoradi and Medellin

Monthly Cost of Living

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
$7.94 GHS 93.1
$7.59 COP 24.7K
4.61%
Three-Course Dinner for Two, Mid-Range
$51.3 GHS 601
$44.78 COP 145.7K
14.52%
Fast Food Meal (McDonalds, etc)
$10.47 GHS 123
$9.24 COP 30.1K
13.31%
Cappuccino
$4.55 GHS 53.3
$2.95 COP 9,591
54.24%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.53 GHS 17.94
$1.80 COP 5,861
-15.00%
Water (0.33 liter bottle)
$0.48 GHS 5.59
$1.35 COP 4,391
-64.44%
Local Beer (0.5 liter draught)
$1.91 GHS 22.40
$2.93 COP 9,544
-34.81%
Imported Beer (0.33 liter bottle)
$2.28 GHS 26.67
$5.46 COP 17.8K
-58.24%
🛒 Groceries & Markets
Takoradi
Medellin
Difference
Milk (1 liter)
$1.44 GHS 16.89
$1.43 COP 4,663
0.70%
White Bread (500g)
$1.04 GHS 12.21
$2.39 COP 7,785
-56.49%
Rice (white) (1kg)
$1.75 GHS 20.47
$1.60 COP 5,209
9.37%
Eggs
$2.70 GHS 31.59
$2.88 COP 9,364
-6.25%
Local Cheese (1kg)
$12.04 GHS 141
$9.71 COP 31.6K
24.00%
Chicken Fillets (1kg)
$4.65 GHS 54.5
$9.44 COP 30.7K
-50.74%
Beef Round Steak (1kg)
$2.73 GHS 31.97
$13.24 COP 43.1K
-79.38%
Apples (1kg)
$2.39 GHS 28.06
$3.75 COP 12.2K
-36.27%
Banana (1kg)
$0.82 GHS 9.62
$1.45 COP 4,703
-43.45%
Oranges (1kg)
$1.09 GHS 12.79
$2.10 COP 6,829
-48.10%
Tomato (1kg)
$1.75 GHS 20.49
$2.13 COP 6,930
-17.84%
Potato (1kg)
$2.23 GHS 26.15
$1.92 COP 6,259
16.15%
Onion (1kg)
$1.96 GHS 22.96
$1.53 COP 4,984
28.10%
Lettuce (1 head)
$0.77 GHS 8.97
$1.09 COP 3,549
-29.36%
Water (1.5 liter bottle)
$0.27 GHS 3.20
$1.18 COP 3,843
-77.12%
Cigarettes 20 Pack (Marlboro, Camel)
$2.55 GHS 29.94
$3.79 COP 12.3K
-32.72%
Wine (Bottle)
$6.96 GHS 81.5
$13.16 COP 42.8K
-47.11%
Local Beer (0.5 liter bottle)
$0.31 GHS 3.64
$1.64 COP 5,337
-81.10%
Imported Beer (0.33 liter bottle)
$2.44 GHS 28.55
$2.28 COP 7,410
7.02%
🚌 Getting Around
Takoradi
Medellin
Difference
One-way Ticket (Public Transport)
-
$1.18 COP 3,825
-
Public Transport Monthly Pass (Regular Price)
-
$73.6 COP 239.5K
-
Taxi Start (Normal Tariff)
$1.71 GHS 20.03
$1.28 COP 4,157
33.59%
Taxi (Normal Tariff) (1km)
$1.32 GHS 15.44
$1.98 COP 6,434
-33.33%
Taxi 1hour Waiting (Normal Tariff)
$4.36 GHS 51.1
$7.89 COP 25.7K
-44.74%
Gasoline (1 liter)
$1.36 GHS 15.92
$1.29 COP 4,211
5.43%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$8,055 GHS 94.4K
$26.8K COP 87.2M
-69.92%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$9,711 GHS 113.8K
$34.7K COP 112.9M
-72.01%
🧾 Monthly Utilities & Internet
Takoradi
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$73.2 GHS 858
$158 COP 513.6K
-53.63%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$19.67 GHS 231
$13.39 COP 43.6K
46.90%
Internet (50+ Mbps, Unlimited Data)
$42.63 GHS 500
$27.28 COP 88.8K
56.27%
🎉 Sport & Entertainment
Takoradi
Medellin
Difference
Gym Membership (Monthly)
-
$44.15 COP 143.7K
-
Tennis Court (1 Hour on Weekend)
-
$15.99 COP 52.0K
-
Cinema Ticket
$12.99 GHS 152
$6.39 COP 20.8K
103.29%
🧸 Childcare & Education
Takoradi
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$462 GHS 5,416
$777 COP 2.5M
-40.49%
International Primary School, 1 Child (Yearly)
$18.8K GHS 220.4K
$8,800 COP 28.6M
113.72%
👕👟 Clothing & Footwear
Takoradi
Medellin
Difference
Jeans (Levis 501 Or Similar)
$14.24 GHS 167
$82.7 COP 269.2K
-82.79%
Summer Dress (H&M, Zara, etc)
$18.47 GHS 216
$56.1 COP 182.6K
-67.08%
Sport Shoes (Adidas, Nike)
$35.93 GHS 421
$131 COP 425.7K
-72.53%
Men's Leather Business Shoes
$53.5 GHS 627
$95.9 COP 312.1K
-44.20%
🏠 Accommodation & Living
Takoradi
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
-
$1,006 COP 3.3M
-
1-bedroom Apartment, Outside City Center (Monthly)
-
$627 COP 2.0M
-
3-bedroom Apartment, City Center (Monthly)
-
$1,826 COP 5.9M
-
3-bedroom Apartment, Outside City Center (Monthly)
-
$969 COP 3.2M
-
Buy Apartment in City Center (m2)
-
$3,907 COP 12.7M
-
Buy Apartment Outside City Center (m2)
-
$1,576 COP 5.1M
-
💵 Salaries & Financials
Takoradi
Medellin
Difference
Average Monthly Net Salary (After Tax)
-
$620 COP 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.

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