Last update: Oct 2026

Cost of Living Comparison Between Traverse City, MI and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $2,666 in Traverse City, MI, rent and utilities included – about $12,500 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Traverse City, MI
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Traverse City, MI Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Traverse City, MI

🇺🇸 United States

$2,666

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

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

A single person spends $2,666 per month in Traverse City, MI vs $1,625 in Medellin, rent included.

Traverse City, MI $2,666
Medellin $1,625

A couple spends around $3,947 per month in Traverse City, MI vs $2,412 in Medellin, rent included.

Traverse City, MI $3,947
Medellin $2,412

A family of three spends $5,228 per month in Traverse City, MI vs $3,199 in Medellin, rent included.

Traverse City, MI $5,228
Medellin $3,199

Traverse City, MI costs about 64% more than Medellin, and outside of rent the biggest gap is in groceries.

Both Traverse City, MI and Medellin sit above the global median – Traverse City, MI by 97%, Medellin by 20%.

Meal at Budget Restaurant

$21.49 $21.49

$8.30 COP 26.3K

158.92%

Three-Course Dinner for Two, Mid-Range

$77.4 $77.4

$46.91 COP 148.7K

64.89%

Fast Food Meal (McDonalds, etc)

$11.34 $11.34

$9.24 COP 29.3K

22.73%

Cappuccino

$4.78 $4.78

$3.05 COP 9,676

56.72%

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

$2.48 $2.48

$1.80 COP 5,707

37.78%

Water (0.33 liter bottle)

$2.08 $2.08

$1.38 COP 4,382

50.72%

Local Beer (0.5 liter draught)

$4.90 $4.90

$3.24 COP 10.3K

51.23%

Imported Beer (0.33 liter bottle)

$6.53 $6.53

$5.56 COP 17.6K

17.45%

Milk (1 liter)

$0.73 $0.73

$1.50 COP 4,760

-51.33%

White Bread (500g)

$3.07 $3.07

$2.37 COP 7,508

29.54%

Rice (white) (1kg)

$4.36 $4.36

$1.70 COP 5,377

156.47%

Eggs

$2.67 $2.67

$2.96 COP 9,379

-9.80%

Local Cheese (1kg)

$19.14 $19.14

$10.22 COP 32.4K

87.28%

Chicken Fillets (1kg)

$12.34 $12.34

$9.74 COP 30.9K

26.69%

Beef Round Steak (1kg)

$22.33 $22.33

$13.90 COP 44.1K

60.65%

Apples (1kg)

$6.84 $6.84

$4.13 COP 13.1K

65.62%

Banana (1kg)

$1.44 $1.44

$1.53 COP 4,839

-5.88%

Oranges (1kg)

$3.84 $3.84

$2.22 COP 7,052

72.97%

Tomato (1kg)

$6.69 $6.69

$2.27 COP 7,194

194.71%

Potato (1kg)

$2.70 $2.70

$1.99 COP 6,311

35.68%

Onion (1kg)

$3.15 $3.15

$1.67 COP 5,285

88.62%

Lettuce (1 head)

$2.36 $2.36

$1.18 COP 3,742

100.00%

Water (1.5 liter bottle)

$2.64 $2.64

$1.24 COP 3,919

112.90%

Cigarettes 20 Pack (Marlboro, Camel)

$5.96 $5.96

$3.87 COP 12.3K

54.01%

Wine (Bottle)

$15.02 $15.02

$13.78 COP 43.7K

9.00%

Local Beer (0.5 liter bottle)

$2.00 $2.00

$1.66 COP 5,256

20.48%

Imported Beer (0.33 liter bottle)

$7.01 $7.01

$2.40 COP 7,615

192.08%

One-way Ticket (Public Transport)

$6.02 $6.02

$1.24 COP 3,944

385.48%

Public Transport Monthly Pass (Regular Price)

$30.60 $30.60

$78.2 COP 248.0K

-60.87%

Taxi Start (Normal Tariff)

$1.28 COP 4,044

Taxi (Normal Tariff) (1km)

$2.15 COP 6,803

Taxi 1hour Waiting (Normal Tariff)

$8.37 COP 26.5K

Gasoline (1 liter)

$1.02 $1.02

$1.35 COP 4,288

-24.44%

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

$35.0K $35.0K

$34.8K COP 110.2M

0.69%

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

$26.0K $26.0K

$34.7K COP 110.0M

-25.03%

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

$116 $116

$167 COP 528.4K

-30.37%

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

$37.85 $37.85

$13.62 COP 43.2K

177.90%

Internet (50+ Mbps, Unlimited Data)

$68.8 $68.8

$29.12 COP 92.3K

136.40%

Gym Membership (Monthly)

$62.7 $62.7

$45.09 COP 143.0K

38.97%

Tennis Court (1 Hour on Weekend)

$17.18 COP 54.5K

Cinema Ticket

$9.81 $9.81

$6.97 COP 22.1K

40.75%

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

$1,017 $1,017

$790 COP 2.5M

28.68%

International Primary School, 1 Child (Yearly)

$11.3K $11.3K

$9,041 COP 28.7M

24.94%

Jeans (Levis 501 Or Similar)

$58.2 $58.2

$87.8 COP 278.4K

-33.76%

Summer Dress (H&M, Zara, etc)

$40.93 $40.93

$58.2 COP 184.4K

-29.61%

Sport Shoes (Adidas, Nike)

$101 $101

$139 COP 440.7K

-27.61%

Men's Leather Business Shoes

$87.4 $87.4

$98.9 COP 313.5K

-11.64%

1-bedroom Apartment, City Center (Monthly)

$1,958 $1,958

$1,028 COP 3.3M

90.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,404 $1,404

$620 COP 2.0M

126.66%

3-bedroom Apartment, City Center (Monthly)

$3,796 $3,796

$1,881 COP 6.0M

101.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,317 $2,317

$1,008 COP 3.2M

129.91%

Buy Apartment in City Center (m2)

$3,395 $3,395

$3,988 COP 12.6M

-14.88%

Buy Apartment Outside City Center (m2)

$3,324 $3,324

$1,702 COP 5.4M

95.34%

Average Monthly Net Salary (After Tax)

$2,796 $2,796

$663 COP 2.1M

321.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.32

10.94

-42.23%

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

Last update for Traverse City, MI: October 20, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Traverse City, MI

$1.4K 52.7%

Medellin

$619 38.1% 55.9% $785

Groceries & Markets

Traverse City, MI

$453 17%

Medellin

$298 18.3% 34.3% $156

Eating Out

Traverse City, MI

$319 12%

Medellin

$171 10.5% 46.5% $148

Monthly Utilities & Internet

Traverse City, MI

$223 8.4%

Medellin

$209 12.9% 6% $13

Clothing & Footwear

Traverse City, MI

$129 4.9%

Medellin

$173 10.6% 33.7% $44

Sport & Entertainment

Traverse City, MI

$82 3.1%

Medellin

$59 3.6% 28.3% $23

Getting Around

Traverse City, MI

$55 * 2.1%

Medellin

$95 5.9% 74.1% $41

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

Cost Breakdown

A central one-bedroom costs $1,958 in Traverse City, MI versus $1,028 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 321% higher in Traverse City, MI, 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 $77.0 in Traverse City, MI versus $47.00 in Medellin. Monthly groceries follow the same trend: $453 vs $298 – making Medellin the more affordable choice for daily food spending.

Good to know

🇺🇸 Traverse City, MI

🇨🇴 Medellin

🕒 Local time

11:02 11:02 AM

10:02 10:02 AM

1 h behind Traverse City, MI

🌤 Weather

👥 Population

15,678

2,486,723

💱 Currency

United States Dollar USD $

Colombian Peso COP $

📈 Exchange rate

1 USD = 0.89 EUR

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, EUR to USD – United States Dollar Converter

🇨🇴 Colombian Peso ($)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Colombian Peso exchange rates as of October 21, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

COP to USD in detail →

On the map

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Between locations

Traverse City, MI Medellin 4,390 km ≈ 6 h nonstop flight

From you

Traverse City, MI
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

Traverse City, MI vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Traverse City, MI is pricier by about 64%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,998 per month in Traverse City, MI and $2,437 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, 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 $77.0 in Traverse City, MI and $47.00 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 $2,666 in Traverse City, MI and $1,625 in Medellin. That's a gap of about 64%.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,625, than in Traverse City, MI at $2,666. In Medellin it covers expenses comfortably, while in Traverse City, MI it requires careful planning or may not stretch far enough.

Families tend to lean toward Medellin – 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 Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Traverse City, MI makes more sense. Both are solid long-term options with distinct trade-offs.