Cost of Living Comparison Between Teramo and Medellin Cost of Living Comparison Between Teramo and Medellin

Monthly Cost of Living

A single person spends $1,556 per month in Teramo vs $1,681 in Medellin, rent included.

A couple spends around $2,378 per month in Teramo vs $2,445 in Medellin, rent included.

A family of three spends $3,200 per month in Teramo vs $3,210 in Medellin, rent included.

Teramo is about 7% cheaper than Medellin, driven mainly by Eating Out.

Both Teramo and Medellin sit above the global median – Teramo by 14%, Medellin by 23%.

Meal at Budget Restaurant

$17.17 €14.97

$8.02 COP 25.0K

114.09%

Three-Course Dinner for Two, Mid-Range

$57.2 €49.86

$47.87 COP 149.4K

19.47%

Fast Food Meal (McDonalds, etc)

$11.62 €10.13

$9.89 COP 30.8K

17.49%

Cappuccino

$1.94 €1.69

$3.13 COP 9,767

-38.02%

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

$2.36 €2.06

$1.91 COP 5,954

23.56%

Water (0.33 liter bottle)

$1.25 €1.09

$1.51 COP 4,712

-17.22%

Local Beer (0.5 liter draught)

$5.65 €4.92

$3.12 COP 9,747

81.09%

Imported Beer (0.33 liter bottle)

$4.58 €3.99

$5.75 COP 17.9K

-20.35%

Milk (1 liter)

$1.56 €1.36

$1.44 COP 4,509

8.33%

White Bread (500g)

$1.97 €1.71

$2.49 COP 7,759

-20.88%

Rice (white) (1kg)

$2.88 €2.51

$1.77 COP 5,535

62.71%

Eggs

$3.56 €3.10

$2.96 COP 9,235

20.27%

Local Cheese (1kg)

$16.69 €14.55

$10.07 COP 31.4K

65.74%

Chicken Fillets (1kg)

$12.50 €10.89

$10.12 COP 31.6K

23.52%

Beef Round Steak (1kg)

$21.33 €18.59

$14.30 COP 44.6K

49.16%

Apples (1kg)

$2.26 €1.97

$4.14 COP 12.9K

-45.41%

Banana (1kg)

$2.10 €1.83

$1.61 COP 5,019

30.43%

Oranges (1kg)

$2.39 €2.09

$2.25 COP 7,007

6.22%

Tomato (1kg)

$3.68 €3.21

$2.25 COP 7,028

63.56%

Potato (1kg)

$1.77 €1.55

$2.04 COP 6,375

-13.24%

Onion (1kg)

$1.76 €1.53

$1.54 COP 4,790

14.29%

Lettuce (1 head)

$1.36 €1.18

$1.17 COP 3,651

16.24%

Water (1.5 liter bottle)

$0.55 €0.48

$1.31 COP 4,077

-58.02%

Cigarettes 20 Pack (Marlboro, Camel)

$6.98 €6.09

$3.90 COP 12.2K

78.97%

Wine (Bottle)

$5.95 €5.19

$14.01 COP 43.7K

-57.53%

Local Beer (0.5 liter bottle)

$1.23 €1.07

$1.74 COP 5,439

-29.31%

Imported Beer (0.33 liter bottle)

$2.89 €2.52

$2.87 COP 8,956

0.70%

One-way Ticket (Public Transport)

$2.29 €2.00

$1.22 COP 3,792

87.70%

Public Transport Monthly Pass (Regular Price)

$45.55 €39.70

$80.5 COP 251.1K

-43.40%

Taxi Start (Normal Tariff)

$4.56 €3.97

$1.31 COP 4,084

248.09%

Taxi (Normal Tariff) (1km)

$1.26 €1.09

$2.19 COP 6,825

-42.47%

Taxi 1hour Waiting (Normal Tariff)

$24.17 €21.07

$8.71 COP 27.2K

177.50%

Gasoline (1 liter)

$2.08 €1.81

$1.37 COP 4,260

51.82%

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

$36.8K €32.1K

$27.8K COP 86.9M

32.20%

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

$34.9K €30.4K

$35.8K COP 111.6M

-2.53%

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

$209 €182

$177 COP 553.2K

17.65%

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

$9.45 €8.23

$13.88 COP 43.3K

-31.92%

Internet (50+ Mbps, Unlimited Data)

$31.79 €27.72

$29.72 COP 92.8K

6.97%

Gym Membership (Monthly)

$66.6 €58.1

$44.88 COP 140.1K

48.46%

Tennis Court (1 Hour on Weekend)

$22.37 €19.50

$17.12 COP 53.4K

30.67%

Cinema Ticket

$9.12 €7.95

$6.65 COP 20.7K

37.14%

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

$469 €409

$813 COP 2.5M

-42.30%

International Primary School, 1 Child (Yearly)

$8,185 €7,135

$9,187 COP 28.7M

-10.91%

Jeans (Levis 501 Or Similar)

$102 €88.6

$89.5 COP 279.3K

13.57%

Summer Dress (H&M, Zara, etc)

$43.76 €38.15

$59.0 COP 184.0K

-25.79%

Sport Shoes (Adidas, Nike)

$112 €97.5

$138 COP 431.2K

-19.08%

Men's Leather Business Shoes

$131 €114

$102 COP 318.7K

28.53%

1-bedroom Apartment, City Center (Monthly)

$519 €452

$1,062 COP 3.3M

-51.17%

1-bedroom Apartment, Outside City Center (Monthly)

$376 €327

$663 COP 2.1M

-43.33%

3-bedroom Apartment, City Center (Monthly)

$735 €641

$1,888 COP 5.9M

-61.07%

3-bedroom Apartment, Outside City Center (Monthly)

$568 €495

$1,027 COP 3.2M

-44.70%

Buy Apartment in City Center (m2)

$1,441 €1,256

$4,183 COP 13.1M

-65.55%

Buy Apartment Outside City Center (m2)

$1,263 €1,101

$1,675 COP 5.2M

-24.55%

Average Monthly Net Salary (After Tax)

$1,594 €1,390

$678 COP 2.1M

135.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.09

10.94

-71.76%

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

Last update for Teramo: September 13, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $519 in Teramo versus $1,062 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 135% higher in Teramo, 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 $57.0 in Teramo versus $48.00 in Medellin. Monthly groceries follow the same trend: $334 vs $305 – making Medellin the more affordable choice for daily food spending.

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

Teramo vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 8%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,333 per month in Teramo and $2,521 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Teramo, 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 $57.0 in Teramo and $48.00 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 $1,556 in Teramo and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Teramo, where all-in costs run around $1,556, than in Medellin at $1,681. In Teramo it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Teramo. 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.