Cost of Living Comparison Between Teresopolis and Medellin Cost of Living Comparison Between Teresopolis and Medellin

Monthly Cost of Living

A single person spends $682 per month in Teresopolis vs $1,031 in Medellin, rent included.

A couple spends around $1,099 per month in Teresopolis vs $1,599 in Medellin, rent included.

A family of three spends $1,517 per month in Teresopolis vs $2,167 in Medellin, rent included.

Teresopolis is about 34% cheaper than Medellin, driven mainly by Clothing & Footwear.

Both Teresopolis and Medellin are more affordable than the global median – Teresopolis 49% lower, Medellin 23% lower.

Meal at Budget Restaurant

$3.51 R$17.86

$6.16 COP 20.1K

-43.02%

Three-Course Dinner for Two, Mid-Range

$25.07 R$128

$32.60 COP 106.1K

-23.10%

Fast Food Meal (McDonalds, etc)

$6.20 R$31.55

$7.34 COP 23.9K

-15.53%

Cappuccino

$1.55 R$7.88

$1.72 COP 5,599

-9.88%

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

$1.34 R$6.80

$1.05 COP 3,420

27.62%

Water (0.33 liter bottle)

$0.71 R$3.64

$0.77 COP 2,515

-7.79%

Local Beer (0.5 liter draught)

$1.81 R$9.23

$1.69 COP 5,487

7.10%

Imported Beer (0.33 liter bottle)

$2.67 R$13.57

$3.17 COP 10.3K

-15.77%

Milk (1 liter)

$1.17 R$5.95

$1.05 COP 3,423

11.43%

White Bread (500g)

$1.75 R$8.92

$1.30 COP 4,236

34.62%

Rice (white) (1kg)

$1.43 R$7.28

$1.40 COP 4,544

2.14%

Eggs

$2.04 R$10.36

$2.16 COP 7,046

-5.56%

Local Cheese (1kg)

$7.54 R$38.39

$4.39 COP 14.3K

71.75%

Chicken Fillets (1kg)

$3.54 R$18.01

$5.88 COP 19.1K

-39.80%

Beef Round Steak (1kg)

$7.64 R$38.89

$8.64 COP 28.1K

-11.57%

Apples (1kg)

$2.20 R$11.22

$2.28 COP 7,425

-3.51%

Banana (1kg)

$1.29 R$6.55

$1.11 COP 3,603

16.22%

Oranges (1kg)

$1.46 R$7.43

$1.53 COP 4,982

-4.58%

Tomato (1kg)

$1.56 R$7.94

$1.35 COP 4,410

15.56%

Potato (1kg)

$1.23 R$6.26

$1.13 COP 3,674

8.85%

Onion (1kg)

$1.15 R$5.85

$1.13 COP 3,692

1.77%

Lettuce (1 head)

$0.64 R$3.25

$0.85 COP 2,753

-24.71%

Water (1.5 liter bottle)

$0.57 R$2.88

$0.91 COP 2,975

-37.36%

Cigarettes 20 Pack (Marlboro, Camel)

$2.02 R$10.29

$2.34 COP 7,629

-13.68%

Wine (Bottle)

$5.93 R$30.18

$12.37 COP 40.3K

-52.06%

Local Beer (0.5 liter bottle)

$1.21 R$6.16

$1.20 COP 3,909

0.83%

Imported Beer (0.33 liter bottle)

$2.13 R$10.82

$2.49 COP 8,104

-14.46%

One-way Ticket (Public Transport)

$0.77 R$3.92

$0.84 COP 2,727

-8.33%

Public Transport Monthly Pass (Regular Price)

$23.80 R$121

$40.57 COP 132.1K

-41.34%

Taxi Start (Normal Tariff)

$0.93 R$4.73

$1.42 COP 4,623

-34.51%

Taxi (Normal Tariff) (1km)

$0.69 R$3.52

$1.92 COP 6,235

-64.06%

Taxi 1hour Waiting (Normal Tariff)

$2.11 R$10.73

$7.66 COP 24.9K

-72.45%

Gasoline (1 liter)

$1.02 R$5.20

$0.99 COP 3,223

3.03%

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

$20.2K R$103.0K

$18.0K COP 58.7M

12.25%

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

$27.4K R$139.4K

$26.6K COP 86.7M

2.82%

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

$26.52 R$135

$80.8 COP 263.1K

-67.18%

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

$12.32 R$62.7

$9.95 COP 32.4K

23.82%

Internet (50+ Mbps, Unlimited Data)

$17.27 R$87.9

$24.18 COP 78.7K

-28.58%

Gym Membership (Monthly)

$24.43 R$124

$25.08 COP 81.6K

-2.59%

Tennis Court (1 Hour on Weekend)

$18.30 R$93.2

$19.15 COP 62.3K

-4.44%

Cinema Ticket

$5.37 R$27.36

$3.98 COP 13.0K

34.92%

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

$274 R$1,394

$305 COP 993.4K

-10.25%

International Primary School, 1 Child (Yearly)

$11.4K R$58.2K

$6,059 COP 19.7M

88.63%

Jeans (Levis 501 Or Similar)

$22.01 R$112

$58.1 COP 189.2K

-62.14%

Summer Dress (H&M, Zara, etc)

$26.60 R$135

$32.20 COP 104.8K

-17.39%

Sport Shoes (Adidas, Nike)

$75.9 R$386

$101 COP 327.9K

-24.68%

Men's Leather Business Shoes

$62.2 R$316

$108 COP 350.8K

-42.32%

1-bedroom Apartment, City Center (Monthly)

$315 R$1,604

$477 COP 1.6M

-33.90%

1-bedroom Apartment, Outside City Center (Monthly)

$218 R$1,110

$376 COP 1.2M

-42.02%

3-bedroom Apartment, City Center (Monthly)

$343 R$1,745

$845 COP 2.7M

-59.42%

3-bedroom Apartment, Outside City Center (Monthly)

$424 R$2,158

$730 COP 2.4M

-41.96%

Buy Apartment in City Center (m2)

$1,156 R$5,884

$3,215 COP 10.5M

-64.06%

Buy Apartment Outside City Center (m2)

$1,372 COP 4.5M

Average Monthly Net Salary (After Tax)

$473 R$2,409

$617 COP 2.0M

-23.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.33

13.43

-15.64%

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

Last update for Teresopolis: July 11, 2026

Last update for Medellin: July 12, 2026

Cost Breakdown

A central one-bedroom costs $315 in Teresopolis versus $477 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 30% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $25.00 in Teresopolis versus $33.00 in Medellin. Monthly groceries follow the same trend: $176 vs $193 – making Teresopolis 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

Teresopolis vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 51%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,022 per month in Teresopolis and $1,546 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Teresopolis, 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 $25.00 in Teresopolis and $33.00 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 $682 in Teresopolis and $1,031 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,000 monthly budget goes further in Teresopolis, where all-in costs run around $682, than in Medellin at $1,031. In Teresopolis it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Teresopolis – 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 Teresopolis. 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.