Cost of Living Comparison Between Traverse City, MI and Medellin Cost of Living Comparison Between Traverse City, MI and Medellin

Monthly Cost of Living

A single person spends $2,724 per month in Traverse City, MI vs $1,716 in Medellin, rent included.

A couple spends around $4,035 per month in Traverse City, MI vs $2,527 in Medellin, rent included.

A family of three spends $5,346 per month in Traverse City, MI vs $3,338 in Medellin, rent included.

Traverse City, MI costs about 59% more than Medellin, driven mainly by Groceries & Markets.

Both Traverse City, MI and Medellin sit above the global median – Traverse City, MI by 98%, Medellin by 25%.

Meal at Budget Restaurant

$21.76 $21.76

$8.03 COP 25.1K

170.98%

Three-Course Dinner for Two, Mid-Range

$78.0 $78.0

$48.26 COP 150.8K

61.69%

Fast Food Meal (McDonalds, etc)

$11.26 $11.26

$9.77 COP 30.5K

15.25%

Cappuccino

$4.73 $4.73

$2.91 COP 9,095

62.54%

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

$2.49 $2.49

$1.94 COP 6,074

28.35%

Water (0.33 liter bottle)

$2.16 $2.16

$1.52 COP 4,754

42.11%

Local Beer (0.5 liter draught)

$4.93 $4.93

$3.09 COP 9,663

59.55%

Imported Beer (0.33 liter bottle)

$6.17 $6.17

$5.74 COP 17.9K

7.49%

Milk (1 liter)

$0.77 $0.77

$1.36 COP 4,262

-43.38%

White Bread (500g)

$2.86 $2.86

$2.39 COP 7,460

19.67%

Rice (white) (1kg)

$4.79 $4.79

$1.70 COP 5,314

181.76%

Eggs

$2.77 $2.77

$2.87 COP 8,967

-3.48%

Local Cheese (1kg)

$19.12 $19.12

$9.94 COP 31.1K

92.35%

Chicken Fillets (1kg)

$16.71 $16.71

$10.78 COP 33.7K

55.01%

Beef Round Steak (1kg)

$22.01 $22.01

$14.73 COP 46.0K

49.42%

Apples (1kg)

$6.78 $6.78

$4.09 COP 12.8K

65.77%

Banana (1kg)

$1.29 $1.29

$1.57 COP 4,911

-17.83%

Oranges (1kg)

$3.90 $3.90

$2.13 COP 6,642

83.10%

Tomato (1kg)

$6.97 $6.97

$2.21 COP 6,917

215.38%

Potato (1kg)

$2.72 $2.72

$2.05 COP 6,396

32.68%

Onion (1kg)

$3.25 $3.25

$1.50 COP 4,700

116.67%

Lettuce (1 head)

$2.40 $2.40

$1.19 COP 3,718

101.68%

Water (1.5 liter bottle)

$2.64 $2.64

$1.16 COP 3,619

127.59%

Cigarettes 20 Pack (Marlboro, Camel)

$5.92 $5.92

$3.90 COP 12.2K

51.79%

Wine (Bottle)

$15.08 $15.08

$14.44 COP 45.1K

4.43%

Local Beer (0.5 liter bottle)

$2.01 $2.01

$1.58 COP 4,948

27.22%

Imported Beer (0.33 liter bottle)

$7.19 $7.19

$2.83 COP 8,836

154.06%

One-way Ticket (Public Transport)

$5.98 $5.98

$1.17 COP 3,650

411.11%

Public Transport Monthly Pass (Regular Price)

$29.80 $29.80

$77.7 COP 242.9K

-61.66%

Taxi Start (Normal Tariff)

$1.28 COP 4,014

Taxi (Normal Tariff) (1km)

$2.09 COP 6,537

Taxi 1hour Waiting (Normal Tariff)

$8.62 COP 26.9K

Gasoline (1 liter)

$1.01 $1.01

$1.30 COP 4,056

-22.31%

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

$36.2K $36.2K

$27.7K COP 86.4M

30.78%

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

$25.4K $25.4K

$35.5K COP 110.9M

-28.49%

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

$119 $119

$176 COP 550.1K

-32.36%

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

$36.89 $36.89

$13.37 COP 41.8K

175.92%

Internet (50+ Mbps, Unlimited Data)

$67.4 $67.4

$29.89 COP 93.4K

125.43%

Gym Membership (Monthly)

$64.4 $64.4

$44.76 COP 139.8K

43.86%

Tennis Court (1 Hour on Weekend)

$17.06 COP 53.3K

Cinema Ticket

$9.41 $9.41

$6.20 COP 19.4K

51.77%

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

$1,027 $1,027

$793 COP 2.5M

29.48%

International Primary School, 1 Child (Yearly)

$11.1K $11.1K

$9,019 COP 28.2M

23.50%

Jeans (Levis 501 Or Similar)

$58.6 $58.6

$85.6 COP 267.5K

-31.52%

Summer Dress (H&M, Zara, etc)

$42.41 $42.41

$58.5 COP 182.7K

-27.47%

Sport Shoes (Adidas, Nike)

$102 $102

$136 COP 425.9K

-24.85%

Men's Leather Business Shoes

$85.5 $85.5

$103 COP 322.2K

-17.11%

1-bedroom Apartment, City Center (Monthly)

$2,012 $2,012

$1,060 COP 3.3M

89.89%

1-bedroom Apartment, Outside City Center (Monthly)

$1,415 $1,415

$680 COP 2.1M

108.21%

3-bedroom Apartment, City Center (Monthly)

$3,832 $3,832

$2,012 COP 6.3M

90.47%

3-bedroom Apartment, Outside City Center (Monthly)

$2,322 $2,322

$1,169 COP 3.7M

98.74%

Buy Apartment in City Center (m2)

$5,036 $5,036

$4,111 COP 12.8M

22.47%

Buy Apartment Outside City Center (m2)

$3,619 $3,619

$1,701 COP 5.3M

112.74%

Average Monthly Net Salary (After Tax)

$2,749 $2,749

$665 COP 2.1M

313.24%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.04

10.94

-44.79%

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

Last update for Traverse City, MI: August 29, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A central one-bedroom costs $2,012 in Traverse City, MI versus $1,060 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 313% 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 $78.0 in Traverse City, MI versus $48.00 in Medellin. Monthly groceries follow the same trend: $476 vs $303 – making Medellin 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

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

Yes – Traverse City, MI is pricier by about 59%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $4,085 per month in Traverse City, MI and $2,574 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 $78.0 in Traverse City, MI and $48.00 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 $2,724 in Traverse City, MI and $1,716 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,716, than in Traverse City, MI at $2,724. 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.