Last update: Oct 2026

Cost of Living Comparison Between Tobago and Medellin

For one person, living is cheaper in Tobago: $1,214 a month against $1,614 in Medellin, rent and utilities included – about $4,800 less a year. Rent and utilities account for most of the difference.

Tobago
🇹🇹 Trinidad And Tobago
$1,214
/mo nomad
Medellin
🇨🇴 Colombia
$1,614
/mo nomad
Monthly Cost of Living

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

A single person spends $1,214 per month in Tobago vs $1,614 in Medellin, rent included.

  • Tobago $1,214
  • Medellin $1,614

A couple spends around $1,829 per month in Tobago vs $2,402 in Medellin, rent included.

  • Tobago $1,829
  • Medellin $2,402

A family of three spends $2,444 per month in Tobago vs $3,190 in Medellin, rent included.

  • Tobago $2,444
  • Medellin $3,190

Tobago is about 25% cheaper than Medellin, and outside of rent the biggest gap is in transport.

Tobago sits 10% below the global median, while Medellin is 20% above – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Tobago
Medellin
Difference
Meal at Budget Restaurant
$10.11 TTD 68.0
$7.93 COP 25.2K
27.49%
Three-Course Dinner for Two, Mid-Range
$42.09 TTD 283
$46.13 COP 146.3K
-8.76%
Fast Food Meal (McDonalds, etc)
$9.67 TTD 65.1
$9.50 COP 30.1K
1.79%
Cappuccino
$3.86 TTD 25.94
$3.11 COP 9,866
24.12%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.63 TTD 10.97
$1.83 COP 5,800
-10.93%
Water (0.33 liter bottle)
$1.64 TTD 11.04
$1.38 COP 4,360
18.84%
Local Beer (0.5 liter draught)
$3.65 TTD 24.56
$3.05 COP 9,672
19.67%
Imported Beer (0.33 liter bottle)
$4.48 TTD 30.12
$5.50 COP 17.4K
-18.55%
🛒 Groceries & Markets
Tobago
Medellin
Difference
Milk (1 liter)
$2.52 TTD 16.94
$1.45 COP 4,600
73.79%
White Bread (500g)
$2.42 TTD 16.26
$2.36 COP 7,496
2.54%
Rice (white) (1kg)
$2.39 TTD 16.09
$1.68 COP 5,328
42.26%
Eggs
$4.94 TTD 33.23
$2.86 COP 9,077
72.73%
Local Cheese (1kg)
$6.39 TTD 42.96
$10.19 COP 32.3K
-37.29%
Chicken Fillets (1kg)
$7.20 TTD 48.41
$9.53 COP 30.2K
-24.45%
Beef Round Steak (1kg)
$6.00 TTD 40.39
$14.04 COP 44.5K
-57.26%
Apples (1kg)
$4.12 TTD 27.72
$4.07 COP 12.9K
1.23%
Banana (1kg)
$2.41 TTD 16.21
$1.50 COP 4,742
60.67%
Oranges (1kg)
$2.24 TTD 15.07
$2.17 COP 6,891
3.23%
Tomato (1kg)
$2.24 TTD 15.06
$2.31 COP 7,310
-3.03%
Potato (1kg)
$1.00 TTD 6.70
$1.93 COP 6,113
-48.19%
Onion (1kg)
$1.59 TTD 10.67
$1.64 COP 5,196
-3.05%
Lettuce (1 head)
$1.88 TTD 12.63
$1.13 COP 3,571
66.37%
Water (1.5 liter bottle)
$1.45 TTD 9.77
$1.25 COP 3,954
16.00%
Cigarettes 20 Pack (Marlboro, Camel)
$4.51 TTD 30.31
$3.99 COP 12.6K
13.03%
Wine (Bottle)
$22.33 TTD 150
$13.35 COP 42.3K
67.27%
Local Beer (0.5 liter bottle)
$3.72 TTD 25.04
$1.70 COP 5,384
118.82%
Imported Beer (0.33 liter bottle)
$4.50 TTD 30.28
$2.37 COP 7,525
89.87%
🚌 Getting Around
Tobago
Medellin
Difference
One-way Ticket (Public Transport)
$0.77 TTD 5.18
$1.21 COP 3,827
-36.36%
Public Transport Monthly Pass (Regular Price)
-
$76.5 COP 242.5K
-
Taxi Start (Normal Tariff)
$0.72 TTD 4.83
$1.32 COP 4,179
-45.45%
Taxi (Normal Tariff) (1km)
-
$2.14 COP 6,774
-
Taxi 1hour Waiting (Normal Tariff)
$8.87 TTD 59.7
$8.47 COP 26.8K
4.72%
Gasoline (1 liter)
$1.03 TTD 6.93
$1.30 COP 4,114
-20.77%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$28.0K COP 88.7M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$35.4K COP 112.3M
-
🧾 Monthly Utilities & Internet
Tobago
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$59.5 TTD 400
$172 COP 545.6K
-65.45%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$26.84 TTD 181
$13.37 COP 42.4K
100.75%
Internet (50+ Mbps, Unlimited Data)
$73.2 TTD 492
$28.73 COP 91.1K
154.61%
🎉 Sport & Entertainment
Tobago
Medellin
Difference
Gym Membership (Monthly)
$51.2 TTD 344
$45.24 COP 143.5K
13.06%
Tennis Court (1 Hour on Weekend)
-
$17.04 COP 54.0K
-
Cinema Ticket
$7.86 TTD 52.9
$6.28 COP 19.9K
25.16%
🧸 Childcare & Education
Tobago
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$72.4 TTD 487
$770 COP 2.4M
-90.60%
International Primary School, 1 Child (Yearly)
-
$9,011 COP 28.6M
-
👕👟 Clothing & Footwear
Tobago
Medellin
Difference
Jeans (Levis 501 Or Similar)
$44.66 TTD 300
$86.4 COP 274.0K
-48.32%
Summer Dress (H&M, Zara, etc)
$47.85 TTD 322
$57.1 COP 181.1K
-16.24%
Sport Shoes (Adidas, Nike)
$141 TTD 949
$137 COP 432.9K
3.30%
Men's Leather Business Shoes
$90.0 TTD 606
$97.9 COP 310.4K
-8.04%
🏠 Accommodation & Living
Tobago
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$406 TTD 2,732
$1,055 COP 3.3M
-61.50%
1-bedroom Apartment, Outside City Center (Monthly)
$332 TTD 2,232
$616 COP 2.0M
-46.11%
3-bedroom Apartment, City Center (Monthly)
$548 TTD 3,683
$1,892 COP 6.0M
-71.07%
3-bedroom Apartment, Outside City Center (Monthly)
$508 TTD 3,416
$1,023 COP 3.2M
-50.35%
Buy Apartment in City Center (m2)
-
$4,059 COP 12.9M
-
Buy Apartment Outside City Center (m2)
-
$1,678 COP 5.3M
-
💵 Salaries & Financials
Tobago
Medellin
Difference
Average Monthly Net Salary (After Tax)
$730 TTD 4,912
$652 COP 2.1M
11.93%
20-Year Fixed Mortgage Interest Rate (Annual %)
0
10.94
-

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

Last update for Tobago: October 11, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Tobago
$332
Medellin
$616 85.6% $284
Groceries & Markets
Tobago
$310
Medellin
$295 5.1% $16
Eating Out
Tobago
$196
Medellin
$168 14.3% $28
Monthly Utilities & Internet
Tobago
$159
Medellin
$214 34.3% $55
Clothing & Footwear
Tobago
$146
Medellin
$170 16.8% $24
Sport & Entertainment
Tobago
$67
Medellin
$58 13.5% $9
Getting Around
Tobago
$3.8 *
Medellin
$93 2356% $90

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $406 in Tobago versus $1,055 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 12% higher in Tobago, 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 $42.00 in Tobago versus $46.00 in Medellin. Groceries tell a different story – $310 in Tobago vs $295 in Medellin – so Medellin wins on supermarket bills even if dining out costs more.

Good to know
🇹🇹 Tobago
🇨🇴 Medellin
🕒 Local time
15:24 3:24 PM
14:24 2:24 PM
1 h behind Tobago
🌤 Weather
👥 Population
54,000
2,486,723
Exchange rates and currency converter

COP, USD, EUR to TTD – Trinidad and Tobago Dollar Converter

Trinidad and Tobago Dollar exchange rates as of October 19, 2026: 1 USD = 6.73 TTD (1 TTD = 0.149 USD). 1 EUR = 7.56 TTD (1 TTD = 0.132 EUR).

Colombian Peso exchange rates as of October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

On the map
Between locations
  • Tobago Medellin 1,730 km ≈ 2 h 45 min nonstop flight
From you
  • Tobago
  • 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
Tobago vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Tobago?
Yes – Medellin is pricier by about 33%, and outside of rent the gap shows up most in transport.
What income do you need for each city?
For a comfortable life, plan on about $1,822 per month in Tobago and $2,421 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Tobago, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Tobago or in Medellin?
A mid-range dinner for two costs $42.00 in Tobago and $46.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Tobago and in Medellin?
Interestingly, groceries are about 5% cheaper in Medellin – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $1,500 a realistic budget for living in Tobago or in Medellin?
A $1,500 monthly budget goes further in Tobago, where all-in costs run around $1,214, than in Medellin at $1,614. In Tobago it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Tobago or Medellin more family-friendly?
Families tend to lean toward Tobago – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Tobago or Medellin?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Tobago. 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.

Tobago vs other spots: cost of living compared

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