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

Monthly Cost of Living

A single person spends $28.39 per month in Talara vs $1,003 in Medellin, rent included.

A couple spends around $182 per month in Talara vs $1,573 in Medellin, rent included.

A family of three spends $336 per month in Talara vs $2,143 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 25% lower.

Meal at Budget Restaurant

$2.83 PEN 9.60

$5.91 COP 18.6K

-52.12%

Three-Course Dinner for Two, Mid-Range

$16.41 PEN 55.7

$32.96 COP 103.8K

-50.21%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.4K

Cappuccino

$1.65 COP 5,207

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

$0.55 PEN 1.88

$1.10 COP 3,468

-50.00%

Water (0.33 liter bottle)

$0.34 PEN 1.17

$0.78 COP 2,458

-56.41%

Local Beer (0.5 liter draught)

$1.72 COP 5,412

Imported Beer (0.33 liter bottle)

$3.18 COP 10.0K

Milk (1 liter)

$1.10 COP 3,474

White Bread (500g)

$1.26 COP 3,962

Rice (white) (1kg)

$1.38 COP 4,349

Eggs

$2.18 COP 6,858

Local Cheese (1kg)

$4.49 COP 14.1K

Chicken Fillets (1kg)

$5.79 COP 18.2K

Beef Round Steak (1kg)

$8.97 COP 28.2K

Apples (1kg)

$2.32 COP 7,308

Banana (1kg)

$1.06 COP 3,352

Oranges (1kg)

$1.52 COP 4,774

Tomato (1kg)

$1.36 COP 4,270

Potato (1kg)

$1.13 COP 3,552

Onion (1kg)

$1.17 COP 3,689

Lettuce (1 head)

$0.90 COP 2,838

Water (1.5 liter bottle)

$0.90 COP 2,823

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,034

Wine (Bottle)

$12.12 COP 38.2K

Local Beer (0.5 liter bottle)

$1.19 COP 3,743

Imported Beer (0.33 liter bottle)

$2.48 COP 7,815

One-way Ticket (Public Transport)

$0.57 PEN 1.94

$0.85 COP 2,687

-32.94%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 131.0K

Taxi Start (Normal Tariff)

$1.42 COP 4,459

Taxi (Normal Tariff) (1km)

$1.95 COP 6,141

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 24.8K

Gasoline (1 liter)

$0.99 COP 3,118

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

$17.6K COP 55.4M

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

$26.8K COP 84.4M

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

$83.0 COP 261.4K

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

$9.70 COP 30.5K

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 74.1K

Gym Membership (Monthly)

$25.26 COP 79.5K

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

Cinema Ticket

$3.95 COP 12.4K

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

$316 COP 994.2K

International Primary School, 1 Child (Yearly)

$5,975 COP 18.8M

Jeans (Levis 501 Or Similar)

$60.0 COP 188.9K

Summer Dress (H&M, Zara, etc)

$31.82 COP 100.2K

Sport Shoes (Adidas, Nike)

$102 COP 320.1K

Men's Leather Business Shoes

$107 COP 338.3K

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

3-bedroom Apartment, City Center (Monthly)

$274 PEN 931

$849 COP 2.7M

-67.71%

3-bedroom Apartment, Outside City Center (Monthly)

$193 PEN 655

$719 COP 2.3M

-73.20%

Buy Apartment in City Center (m2)

$3,265 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$624 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: July 25, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A mid-range dinner for two costs $16.00 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 3432%, 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 $42.59 per month in Talara and $1,504 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $28.39 in Talara and $1,003 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 $16.00 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 $28.39, than in Medellin at $1,003. 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.