Last update: Oct 2026

Cost of Living Comparison Between Teramo and Medellin

For one person, living is cheaper in Teramo: $1,575 a month against $1,639 in Medellin, rent and utilities included – about $770 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

76

Cost of Living Index in Teramo
Learn more

Teramo Living Index
79

Cost of Living Index in Medellin
Learn more

Medellin Living Index

Jump to prices

Teramo

🇮🇹 Italy

$1,575

/mo nomad

Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Monthly Cost of Living

How much you'll spend in Teramo 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 Teramo and in Medellin actually costs, broken down by who's living it.

A single person spends $1,575 per month in Teramo vs $1,639 in Medellin, rent included.

Teramo $1,575
Medellin $1,639

A couple spends around $2,363 per month in Teramo vs $2,413 in Medellin, rent included.

Teramo $2,363
Medellin $2,413

A family of three spends $3,151 per month in Teramo vs $3,186 in Medellin, rent included.

Teramo $3,151
Medellin $3,186

Teramo is about 4% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Both Teramo and Medellin sit above the global median – Teramo by 16%, Medellin by 20%.

Meal at Budget Restaurant

$19.42 €17.41

$8.09 COP 26.1K

140.05%

Three-Course Dinner for Two, Mid-Range

$56.7 €50.8

$47.05 COP 151.9K

20.60%

Fast Food Meal (McDonalds, etc)

$11.52 €10.33

$9.50 COP 30.7K

21.26%

Cappuccino

$1.78 €1.60

$3.01 COP 9,735

-40.86%

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

$2.47 €2.22

$1.80 COP 5,809

37.22%

Water (0.33 liter bottle)

$1.63 €1.46

$1.41 COP 4,561

15.60%

Local Beer (0.5 liter draught)

$5.50 €4.93

$3.18 COP 10.3K

72.96%

Imported Beer (0.33 liter bottle)

$4.46 €4.00

$5.75 COP 18.6K

-22.43%

Milk (1 liter)

$1.41 €1.26

$1.51 COP 4,876

-6.62%

White Bread (500g)

$2.26 €2.03

$2.38 COP 7,678

-5.04%

Rice (white) (1kg)

$2.55 €2.29

$1.77 COP 5,720

44.07%

Eggs

$3.50 €3.13

$2.89 COP 9,333

21.11%

Local Cheese (1kg)

$18.08 €16.20

$10.19 COP 32.9K

77.43%

Chicken Fillets (1kg)

$12.02 €10.78

$9.87 COP 31.9K

21.78%

Beef Round Steak (1kg)

$18.14 €16.26

$13.99 COP 45.2K

29.66%

Apples (1kg)

$2.11 €1.89

$3.97 COP 12.8K

-46.85%

Banana (1kg)

$1.96 €1.75

$1.55 COP 5,012

26.45%

Oranges (1kg)

$2.22 €1.99

$2.18 COP 7,048

1.83%

Tomato (1kg)

$2.87 €2.57

$2.18 COP 7,051

31.65%

Potato (1kg)

$1.60 €1.44

$1.96 COP 6,337

-18.37%

Onion (1kg)

$1.73 €1.55

$1.59 COP 5,132

8.81%

Lettuce (1 head)

$1.36 €1.22

$1.15 COP 3,699

18.26%

Water (1.5 liter bottle)

$0.37 €0.33

$1.24 COP 4,014

-70.16%

Cigarettes 20 Pack (Marlboro, Camel)

$6.87 €6.15

$3.96 COP 12.8K

73.48%

Wine (Bottle)

$5.55 €4.97

$13.68 COP 44.2K

-59.43%

Local Beer (0.5 liter bottle)

$1.19 €1.07

$1.66 COP 5,359

-28.31%

Imported Beer (0.33 liter bottle)

$1.81 €1.62

$2.26 COP 7,291

-19.91%

One-way Ticket (Public Transport)

$2.20 €1.97

$1.17 COP 3,771

88.03%

Public Transport Monthly Pass (Regular Price)

$45.56 €40.83

$77.4 COP 249.8K

-41.11%

Taxi Start (Normal Tariff)

$5.32 €4.77

$1.27 COP 4,094

318.90%

Taxi (Normal Tariff) (1km)

$1.47 €1.32

$2.05 COP 6,612

-28.29%

Taxi 1hour Waiting (Normal Tariff)

$24.17 €21.66

$8.55 COP 27.6K

182.69%

Gasoline (1 liter)

$1.92 €1.72

$1.35 COP 4,349

42.22%

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

$36.9K €33.1K

$34.1K COP 110.0M

8.39%

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

$33.2K €29.7K

$34.7K COP 111.9M

-4.30%

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

$283 €253

$170 COP 547.8K

66.73%

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

$16.59 €14.87

$13.55 COP 43.8K

22.44%

Internet (50+ Mbps, Unlimited Data)

$33.10 €29.66

$28.07 COP 90.6K

17.92%

Gym Membership (Monthly)

$63.0 €56.4

$43.70 COP 141.1K

44.14%

Tennis Court (1 Hour on Weekend)

$21.18 €18.98

$17.19 COP 55.5K

23.21%

Cinema Ticket

$8.81 €7.90

$6.91 COP 22.3K

27.50%

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

$447 €400

$797 COP 2.6M

-43.95%

International Primary School, 1 Child (Yearly)

$12.3K €11.0K

$9,112 COP 29.4M

35.06%

Jeans (Levis 501 Or Similar)

$101 €90.7

$84.7 COP 273.5K

19.48%

Summer Dress (H&M, Zara, etc)

$35.30 €31.63

$58.0 COP 187.2K

-39.10%

Sport Shoes (Adidas, Nike)

$98.2 €88.0

$135 COP 435.8K

-27.24%

Men's Leather Business Shoes

$112 €100

$97.9 COP 316.0K

14.54%

1-bedroom Apartment, City Center (Monthly)

$513 €459

$1,208 COP 3.9M

-57.55%

1-bedroom Apartment, Outside City Center (Monthly)

$360 €323

$642 COP 2.1M

-43.84%

3-bedroom Apartment, City Center (Monthly)

$707 €633

$2,028 COP 6.5M

-65.14%

3-bedroom Apartment, Outside City Center (Monthly)

$565 €507

$1,012 COP 3.3M

-44.12%

Buy Apartment in City Center (m2)

$1,431 €1,283

$4,170 COP 13.5M

-65.68%

Buy Apartment Outside City Center (m2)

$1,200 €1,075

$1,910 COP 6.2M

-37.20%

Average Monthly Net Salary (After Tax)

$1,570 €1,407

$657 COP 2.1M

138.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.02

10.94

-72.39%

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

Last update for Teramo: October 25, 2026

Last update for Medellin: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Teramo

$360 22.9%

Medellin

$642 39.1% 78.1% $281

Monthly Utilities & Internet

Teramo

$333 21.1%

Medellin

$211 12.9% 36.5% $121

Groceries & Markets

Teramo

$314 19.9%

Medellin

$297 18.1% 5.4% $17

Eating Out

Teramo

$264 16.8%

Medellin

$170 10.4% 35.8% $95

Clothing & Footwear

Teramo

$156 9.9%

Medellin

$169 10.3% 8.3% $13

Sport & Entertainment

Teramo

$81 5.1%

Medellin

$58 3.5% 28.6% $23

Getting Around

Teramo

$67 4.3%

Medellin

$94 5.7% 39.5% $27

Cost Breakdown

A central one-bedroom costs $513 in Teramo versus $1,208 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 in Teramo are about 2.4 times higher, 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 in Teramo versus $47 in Medellin. Monthly groceries follow the same trend: $314 vs $297 – making Medellin the more affordable choice for daily food spending.

Good to know

🇮🇹 Teramo

🇨🇴 Medellin

🕒 Local time

02:47 2:47 AM

20:47 8:47 PM

6 h behind Teramo

🌤 Weather

👥 Population

54,892

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.1 USD

10,000 COP = 2.77 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 2, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,605 COP (10,000 COP = 2.77 EUR).

USD to EUR in detail →

On the map

Lowest

Highest

Between locations

Teramo Medellin 9,480 km ≈ 12 h nonstop flight

From you

Teramo
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

Teramo vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 4%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $2,362 per month in Teramo and $2,459 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: a one-bedroom in the center costs $513 there versus $1,208 in Medellin.

A mid-range dinner for two costs $57 in Teramo and $47 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 $1,575 in Teramo and $1,639 in Medellin. That makes Teramo about 4% cheaper.

$1,500 is a stretch for both – monthly costs hit $1,575 in Teramo and $1,639 in Medellin. You’ll need shared housing and careful budgeting no matter which city you pick.

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.