🙂A single person spends $692 per month in Toledo City vs $1,031 in Medellin, rent included.
🙂A couple spends around $1,103 per month in Toledo City vs $1,599 in Medellin, rent included.
🙂A family of three spends $1,513 per month in Toledo City vs $2,167 in Medellin, rent included.
🙂Toledo City is about 33% cheaper than Medellin, driven mainly by Getting Around.
📊Both Toledo City and Medellin are more affordable than the global median – Toledo City48% lower, Medellin23% lower.
Currency
🍽 Eating Out
Toledo City
Medellin
Difference
Meal at Budget Restaurant
$2.61₱160
$6.16COP 20.0K
-57.63%
Three-Course Dinner for Two, Mid-Range
$21.49₱1,323
$32.60COP 106.0K
-34.08%
Fast Food Meal(McDonalds, etc)
$3.56₱219
$7.34COP 23.9K
-51.50%
Cappuccino
$1.99₱123
$1.72COP 5,592
15.70%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$0.56₱34.72
$1.05COP 3,416
-46.67%
Water(0.33 liter bottle)
$0.30₱18.32
$0.77COP 2,511
-61.04%
Local Beer(0.5 liter draught)
$0.93₱57.3
$1.69COP 5,480
-44.97%
Imported Beer(0.33 liter bottle)
$1.75₱108
$3.17COP 10.3K
-44.79%
🛒 Groceries & Markets
Toledo City
Medellin
Difference
Milk(1 liter)
$1.77₱109
$1.05COP 3,418
68.57%
White Bread(500g)
$1.21₱74.7
$1.30COP 4,230
-6.92%
Rice(white)(1kg)
$0.88₱54.3
$1.40COP 4,538
-37.14%
Eggs
$2.15₱132
$2.16COP 7,037
-0.46%
Local Cheese(1kg)
$6.00₱369
$4.39COP 14.3K
36.67%
Chicken Fillets(1kg)
$4.20₱259
$5.88COP 19.1K
-28.57%
Beef Round Steak(1kg)
$7.08₱436
$8.64COP 28.1K
-18.06%
Apples(1kg)
$2.36₱145
$2.28COP 7,415
3.51%
Banana(1kg)
$1.20₱73.6
$1.11COP 3,599
8.11%
Oranges(1kg)
$1.95₱120
$1.53COP 4,976
27.45%
Tomato(1kg)
$1.55₱95.6
$1.35COP 4,405
14.81%
Potato(1kg)
$2.49₱154
$1.13COP 3,669
120.35%
Onion(1kg)
$1.15₱71.0
$1.13COP 3,687
1.77%
Lettuce(1 head)
$1.69₱104
$0.85COP 2,749
98.82%
Water(1.5 liter bottle)
$0.91₱55.8
$0.91COP 2,971
-
Cigarettes 20 Pack(Marlboro, Camel)
$1.20₱73.7
$2.34COP 7,619
-48.72%
Wine(Bottle)
$4.19₱258
$12.37COP 40.2K
-66.13%
Local Beer(0.5 liter bottle)
$1.22₱75.0
$1.20COP 3,904
1.67%
Imported Beer(0.33 liter bottle)
$1.92₱118
$2.49COP 8,094
-22.89%
🚌 Getting Around
Toledo City
Medellin
Difference
One-way Ticket(Public Transport)
$0.26₱15.80
$0.84COP 2,724
-69.05%
Public Transport Monthly Pass(Regular Price)
-
$40.57COP 131.9K
-
Taxi Start(Normal Tariff)
$0.73₱44.82
$1.42COP 4,617
-48.59%
Taxi(Normal Tariff)(1km)
$0.23₱14.04
$1.92COP 6,227
-88.02%
Taxi 1hour Waiting(Normal Tariff)
$2.68₱165
$7.66COP 24.9K
-65.01%
Gasoline(1 liter)
$1.14₱70.1
$0.99COP 3,219
15.15%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$23.8K₱1.5M
$18.0KCOP 58.6M
32.07%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$19.4K₱1.2M
$26.6KCOP 86.6M
-27.23%
🧾 Monthly Utilities & Internet
Toledo City
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$67.2₱4,134
$80.8COP 262.7K
-16.90%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$30.92₱1,903
$9.95COP 32.3K
210.75%
Internet(50+ Mbps, Unlimited Data)
$30.16₱1,857
$24.18COP 78.6K
24.73%
🎉 Sport & Entertainment
Toledo City
Medellin
Difference
Gym Membership(Monthly)
$33.48₱2,061
$25.08COP 81.5K
33.49%
Tennis Court(1 Hour on Weekend)
$4.34₱267
$19.15COP 62.3K
-77.34%
Cinema Ticket
$1.80₱111
$3.98COP 13.0K
-54.77%
🧸 Childcare & Education
Toledo City
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$89.8₱5,531
$305COP 992.2K
-70.56%
International Primary School, 1 Child(Yearly)
$4,365₱268.8K
$6,059COP 19.7M
-27.95%
👕👟 Clothing & Footwear
Toledo City
Medellin
Difference
Jeans(Levis 501 Or Similar)
$45.99₱2,832
$58.1COP 189.0K
-20.88%
Summer Dress(H&M, Zara, etc)
$22.57₱1,390
$32.20COP 104.7K
-29.91%
Sport Shoes(Adidas, Nike)
$63.2₱3,888
$101COP 327.5K
-37.31%
Men's Leather Business Shoes
$80.3₱4,942
$108COP 350.3K
-25.50%
🏠 Accommodation & Living
Toledo City
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
$413₱25.4K
$477COP 1.5M
-13.35%
1-bedroom Apartment, Outside City Center(Monthly)
$175₱10.8K
$376COP 1.2M
-53.45%
3-bedroom Apartment, City Center(Monthly)
$582₱35.8K
$845COP 2.7M
-31.07%
3-bedroom Apartment, Outside City Center(Monthly)
$394₱24.2K
$730COP 2.4M
-46.09%
Buy Apartment in City Center(m2)
$2,400₱147.8K
$3,215COP 10.5M
-25.35%
Buy Apartment Outside City Center(m2)
$986₱60.7K
$1,372COP 4.5M
-28.15%
💵 Salaries & Financials
Toledo City
Medellin
Difference
Average Monthly Net Salary(After Tax)
$318₱19.6K
$617COP 2.0M
-48.38%
20-Year Fixed Mortgage Interest Rate(Annual %)
6
13.43
-55.32%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Toledo City: July 13, 2026
Last update for Medellin: July 12, 2026
Cost Breakdown
🏠A central one-bedroom costs $413 in Toledo City 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 94% 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 $21.00 in Toledo City versus $33.00 in Medellin. Monthly groceries follow the same trend: $182 vs $193 – making Toledo City 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
Toledo City vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Toledo City?
Yes – Medellin is pricier by about 49%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,039 per month in Toledo City and $1,546 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 Toledo City, 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 Toledo City or in Medellin?
A mid-range dinner for two costs $21.00 in Toledo City and $33.00 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 Toledo City and in Medellin?
Groceries cost about 6% more in Medellin, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,000 a realistic budget for living in Toledo City or in Medellin?
A $2,000 monthly budget goes further in Toledo City, where all-in costs run around $692, than in Medellin at $1,031. In Toledo City it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Toledo City or Medellin more family-friendly?
Families tend to lean toward Toledo City – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Toledo City. 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.
Toledo City vs other spots: cost of living compared