Cost of Living Comparison Between Talara and Medellin Cost of Living Comparison Between Talara and Medellin

Monthly Cost of Living

A single person spends $28.35 per month in Talara vs $1,034 in Medellin, rent included.

A couple spends around $181 per month in Talara vs $1,577 in Medellin, rent included.

A family of three spends $333 per month in Talara vs $2,120 in Medellin, rent included.

Talara is about 97% cheaper than Medellin, driven mainly by Groceries & Markets.

Both Talara and Medellin are more affordable than the global median – Talara 98% lower, Medellin 23% lower.

Meal at Budget Restaurant

$2.71 PEN 9.50

$5.92 COP 21.5K

-54.22%

Three-Course Dinner for Two, Mid-Range

$16.82 PEN 59.1

$32.75 COP 119.1K

-48.64%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.2K

Cappuccino

$1.70 COP 6,186

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

$0.55 PEN 1.92

$1.10 COP 3,996

-50.00%

Water (0.33 liter bottle)

$0.31 PEN 1.10

$0.72 COP 2,625

-56.94%

Local Beer (0.5 liter draught)

$1.67 COP 6,067

Imported Beer (0.33 liter bottle)

$3.10 COP 11.3K

Milk (1 liter)

$1.06 COP 3,837

White Bread (500g)

$1.25 COP 4,531

Rice (white) (1kg)

$1.39 COP 5,060

Eggs

$2.26 COP 8,229

Local Cheese (1kg)

$4.33 COP 15.8K

Chicken Fillets (1kg)

$5.84 COP 21.2K

Beef Round Steak (1kg)

$8.83 COP 32.1K

Apples (1kg)

$2.24 COP 8,159

Banana (1kg)

$1.08 COP 3,911

Oranges (1kg)

$1.53 COP 5,563

Tomato (1kg)

$1.37 COP 4,987

Potato (1kg)

$1.13 COP 4,109

Onion (1kg)

$1.12 COP 4,067

Lettuce (1 head)

$0.85 COP 3,080

Water (1.5 liter bottle)

$0.91 COP 3,305

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,477

Wine (Bottle)

$11.13 COP 40.5K

Local Beer (0.5 liter bottle)

$1.19 COP 4,342

Imported Beer (0.33 liter bottle)

$2.37 COP 8,617

One-way Ticket (Public Transport)

$0.59 PEN 2.06

$0.79 COP 2,859

-25.32%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 149.6K

Taxi Start (Normal Tariff)

$1.44 COP 5,223

Taxi (Normal Tariff) (1km)

$1.91 COP 6,952

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 29.2K

Gasoline (1 liter)

$0.94 COP 3,410

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

$17.9K COP 65.2M

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

$26.8K COP 97.4M

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

$84.0 COP 305.4K

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

$9.60 COP 34.9K

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.9K

Gym Membership (Monthly)

$25.88 COP 94.1K

Tennis Court (1 Hour on Weekend)

$19.04 COP 69.3K

Cinema Ticket

$3.92 COP 14.2K

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

$306 COP 1.1M

International Primary School, 1 Child (Yearly)

$5,919 COP 21.5M

Jeans (Levis 501 Or Similar)

$57.9 COP 210.6K

Summer Dress (H&M, Zara, etc)

$31.82 COP 115.7K

Sport Shoes (Adidas, Nike)

$99.9 COP 363.3K

Men's Leather Business Shoes

$107 COP 389.7K

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$273 PEN 957

$826 COP 3.0M

-66.97%

3-bedroom Apartment, Outside City Center (Monthly)

$193 PEN 677

$716 COP 2.6M

-73.05%

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Talara: April 25, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A mid-range dinner for two costs $17.00 in Talara versus $33.00 in Medellin. Use this as a proxy for overall food spending across the two cities.

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

Talara vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 3546%, 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 $42.53 per month in Talara and $1,550 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $28.35 in Talara and $1,034 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A mid-range dinner for two costs $17.00 in Talara and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $2,000 monthly budget goes further in Talara, where all-in costs run around $28.35, than in Medellin at $1,034. In Talara it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Talara – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Talara. 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.