Last update: Oct 2026

Cost of Living Comparison Between Taranto and Medellin

For one person, living is cheaper in Taranto: $1,497 a month against $1,625 in Medellin, rent and utilities included – about $1,500 less a year. Rent and utilities account for most of the difference.

72

Cost of Living Index in Taranto
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Taranto Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Taranto

🇮🇹 Italy

$1,497

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Taranto and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Taranto and in Medellin actually costs, broken down by who's living it.

A single person spends $1,497 per month in Taranto vs $1,625 in Medellin, rent included.

Taranto $1,497
Medellin $1,625

A couple spends around $2,272 per month in Taranto vs $2,412 in Medellin, rent included.

Taranto $2,272
Medellin $2,412

A family of three spends $3,046 per month in Taranto vs $3,199 in Medellin, rent included.

Taranto $3,046
Medellin $3,199

Taranto is about 8% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Taranto and Medellin sit above the global median – Taranto by 10%, Medellin by 20%.

Meal at Budget Restaurant

$16.83 €14.97

$8.30 COP 26.3K

102.77%

Three-Course Dinner for Two, Mid-Range

$68.0 €60.5

$46.91 COP 148.7K

44.87%

Fast Food Meal (McDonalds, etc)

$11.00 €9.79

$9.24 COP 29.3K

19.05%

Cappuccino

$1.73 €1.53

$3.05 COP 9,676

-43.28%

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

$2.48 €2.21

$1.80 COP 5,707

37.78%

Water (0.33 liter bottle)

$1.33 €1.18

$1.38 COP 4,382

-3.62%

Local Beer (0.5 liter draught)

$3.33 €2.96

$3.24 COP 10.3K

2.78%

Imported Beer (0.33 liter bottle)

$4.58 €4.08

$5.56 COP 17.6K

-17.63%

Milk (1 liter)

$1.60 €1.42

$1.50 COP 4,760

6.67%

White Bread (500g)

$1.92 €1.71

$2.37 COP 7,508

-18.99%

Rice (white) (1kg)

$2.56 €2.28

$1.70 COP 5,377

50.59%

Eggs

$4.39 €3.90

$2.96 COP 9,379

48.31%

Local Cheese (1kg)

$13.96 €12.42

$10.22 COP 32.4K

36.59%

Chicken Fillets (1kg)

$11.38 €10.13

$9.74 COP 30.9K

16.84%

Beef Round Steak (1kg)

$15.62 €13.89

$13.90 COP 44.1K

12.37%

Apples (1kg)

$1.89 €1.68

$4.13 COP 13.1K

-54.24%

Banana (1kg)

$2.15 €1.92

$1.53 COP 4,839

40.52%

Oranges (1kg)

$2.12 €1.88

$2.22 COP 7,052

-4.50%

Tomato (1kg)

$3.19 €2.84

$2.27 COP 7,194

40.53%

Potato (1kg)

$1.78 €1.59

$1.99 COP 6,311

-10.55%

Onion (1kg)

$1.38 €1.22

$1.67 COP 5,285

-17.37%

Lettuce (1 head)

$1.46 €1.30

$1.18 COP 3,742

23.73%

Water (1.5 liter bottle)

$0.63 €0.56

$1.24 COP 3,919

-49.19%

Cigarettes 20 Pack (Marlboro, Camel)

$6.81 €6.06

$3.87 COP 12.3K

75.97%

Wine (Bottle)

$6.28 €5.59

$13.78 COP 43.7K

-54.43%

Local Beer (0.5 liter bottle)

$1.46 €1.30

$1.66 COP 5,256

-12.05%

Imported Beer (0.33 liter bottle)

$1.59 €1.41

$2.40 COP 7,615

-33.75%

One-way Ticket (Public Transport)

$2.00 €1.78

$1.24 COP 3,944

61.29%

Public Transport Monthly Pass (Regular Price)

$17.04 €15.15

$78.2 COP 248.0K

-78.21%

Taxi Start (Normal Tariff)

$4.46 €3.97

$1.28 COP 4,044

248.44%

Taxi (Normal Tariff) (1km)

$1.21 €1.08

$2.15 COP 6,803

-43.72%

Taxi 1hour Waiting (Normal Tariff)

$23.43 €20.84

$8.37 COP 26.5K

179.93%

Gasoline (1 liter)

$1.95 €1.73

$1.35 COP 4,288

44.44%

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

$36.3K €32.3K

$34.8K COP 110.2M

4.52%

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

$34.9K €31.0K

$34.7K COP 110.0M

0.49%

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

$197 €175

$167 COP 528.4K

17.97%

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

$9.58 €8.52

$13.62 COP 43.2K

-29.66%

Internet (50+ Mbps, Unlimited Data)

$31.30 €27.84

$29.12 COP 92.3K

7.49%

Gym Membership (Monthly)

$64.4 €57.3

$45.09 COP 143.0K

42.83%

Tennis Court (1 Hour on Weekend)

$17.04 €15.15

$17.18 COP 54.5K

-0.81%

Cinema Ticket

$7.97 €7.09

$6.97 COP 22.1K

14.35%

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

$281 €250

$790 COP 2.5M

-64.44%

International Primary School, 1 Child (Yearly)

$4,413 €3,925

$9,041 COP 28.7M

-51.19%

Jeans (Levis 501 Or Similar)

$78.1 €69.4

$87.8 COP 278.4K

-11.09%

Summer Dress (H&M, Zara, etc)

$31.31 €27.85

$58.2 COP 184.4K

-46.16%

Sport Shoes (Adidas, Nike)

$90.0 €80.0

$139 COP 440.7K

-35.28%

Men's Leather Business Shoes

$107 €95.6

$98.9 COP 313.5K

8.70%

1-bedroom Apartment, City Center (Monthly)

$519 €461

$1,028 COP 3.3M

-49.54%

1-bedroom Apartment, Outside City Center (Monthly)

$476 €423

$620 COP 2.0M

-23.20%

3-bedroom Apartment, City Center (Monthly)

$845 €752

$1,881 COP 6.0M

-55.07%

3-bedroom Apartment, Outside City Center (Monthly)

$722 €642

$1,008 COP 3.2M

-28.34%

Buy Apartment in City Center (m2)

$1,622 €1,443

$3,988 COP 12.6M

-59.34%

Buy Apartment Outside City Center (m2)

$1,435 €1,277

$1,702 COP 5.4M

-15.67%

Average Monthly Net Salary (After Tax)

$1,758 €1,563

$663 COP 2.1M

164.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.08

10.94

-71.85%

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

Last update for Taranto: October 19, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Taranto

$476 31.8%

Medellin

$619 38.1% 30.2% $144

Groceries & Markets

Taranto

$300 20%

Medellin

$298 18.3% 0.7% $2.1

Monthly Utilities & Internet

Taranto

$237 15.9%

Medellin

$209 12.9% 11.8% $28

Eating Out

Taranto

$229 15.3%

Medellin

$171 10.5% 25.5% $59

Clothing & Footwear

Taranto

$138 9.2%

Medellin

$173 10.6% 25.1% $35

Sport & Entertainment

Taranto

$80 5.4%

Medellin

$59 3.6% 26.5% $21

Getting Around

Taranto

$36 2.4%

Medellin

$95 5.9% 168% $60

Cost Breakdown

A central one-bedroom costs $519 in Taranto versus $1,028 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 165% higher in Taranto, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $68.0 in Taranto versus $47.00 in Medellin. Monthly groceries follow the same trend: $300 vs $298 – making Medellin the more affordable choice for daily food spending.

Good to know

🇮🇹 Taranto

🇨🇴 Medellin

🕒 Local time

19:14 7:14 PM

12:14 12:14 PM

7 h behind Taranto

🌤 Weather

👥 Population

201,100

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 22, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 22, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Taranto Medellin 9,800 km ≈ 13 h nonstop flight

From you

Taranto
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Taranto vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 9%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,245 per month in Taranto and $2,437 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Taranto, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $68.0 in Taranto and $47.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,497 in Taranto and $1,625 in Medellin. That's a gap of about 9%.

A $2,000 monthly budget goes further in Taranto, where all-in costs run around $1,497, than in Medellin at $1,625. In Taranto it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Taranto – 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 Taranto. 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.