Cost of Living Comparison Between Wakefield-Peacedale, RI and Medellin Cost of Living Comparison Between Wakefield-Peacedale, RI and Medellin

Monthly Cost of Living

A single person spends $2,554 per month in Wakefield-Peacedale, RI vs $1,003 in Medellin, rent included.

A couple spends around $3,589 per month in Wakefield-Peacedale, RI vs $1,573 in Medellin, rent included.

A family of three spends $4,624 per month in Wakefield-Peacedale, RI vs $2,143 in Medellin, rent included.

Wakefield-Peacedale, RI costs about 155% more than Medellin, driven mainly by Groceries & Markets.

Wakefield-Peacedale, RI sits 92% above the global median, while Medellin is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.26 $20.26

$5.91 COP 18.4K

242.81%

Three-Course Dinner for Two, Mid-Range

$59.4 $59.4

$32.96 COP 102.7K

80.34%

Fast Food Meal (McDonalds, etc)

$11.44 $11.44

$7.43 COP 23.1K

53.97%

Cappuccino

$4.86 $4.86

$1.65 COP 5,153

194.55%

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

$2.57 $2.57

$1.10 COP 3,432

133.64%

Water (0.33 liter bottle)

$2.03 $2.03

$0.78 COP 2,433

160.26%

Local Beer (0.5 liter draught)

$4.86 $4.86

$1.72 COP 5,356

182.56%

Imported Beer (0.33 liter bottle)

$8.82 $8.82

$3.18 COP 9,904

177.36%

Milk (1 liter)

$1.22 $1.22

$1.10 COP 3,439

10.91%

White Bread (500g)

$4.22 $4.22

$1.26 COP 3,921

234.92%

Rice (white) (1kg)

$6.40 $6.40

$1.38 COP 4,304

363.77%

Eggs

$3.58 $3.58

$2.18 COP 6,788

64.22%

Local Cheese (1kg)

$16.80 $16.80

$4.49 COP 14.0K

274.16%

Chicken Fillets (1kg)

$13.65 $13.65

$5.79 COP 18.0K

135.75%

Beef Round Steak (1kg)

$20.37 $20.37

$8.97 COP 27.9K

127.09%

Apples (1kg)

$5.87 $5.87

$2.32 COP 7,232

153.02%

Banana (1kg)

$1.92 $1.92

$1.06 COP 3,318

81.13%

Oranges (1kg)

$5.46 $5.46

$1.52 COP 4,725

259.21%

Tomato (1kg)

$6.73 $6.73

$1.36 COP 4,226

394.85%

Potato (1kg)

$3.17 $3.17

$1.13 COP 3,515

180.53%

Onion (1kg)

$3.37 $3.37

$1.17 COP 3,651

188.03%

Lettuce (1 head)

$2.74 $2.74

$0.90 COP 2,809

204.44%

Water (1.5 liter bottle)

$2.55 $2.55

$0.90 COP 2,794

183.33%

Cigarettes 20 Pack (Marlboro, Camel)

$13.60 $13.60

$2.23 COP 6,961

509.87%

Wine (Bottle)

$14.99 $14.99

$12.12 COP 37.8K

23.68%

Local Beer (0.5 liter bottle)

$2.81 $2.81

$1.19 COP 3,704

136.13%

Imported Beer (0.33 liter bottle)

$4.95 $4.95

$2.48 COP 7,735

99.60%

One-way Ticket (Public Transport)

$2.03 $2.03

$0.85 COP 2,660

138.82%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 129.7K

Taxi Start (Normal Tariff)

$2.57 $2.57

$1.42 COP 4,413

80.99%

Taxi (Normal Tariff) (1km)

$2.22 $2.22

$1.95 COP 6,078

13.85%

Taxi 1hour Waiting (Normal Tariff)

$27.59 $27.59

$7.89 COP 24.6K

249.68%

Gasoline (1 liter)

$0.90 $0.90

$0.99 COP 3,086

-9.09%

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

$28.3K $28.3K

$17.6K COP 54.8M

60.58%

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

$24.7K $24.7K

$26.8K COP 83.5M

-7.74%

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

$101 $101

$83.0 COP 258.7K

21.40%

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

$58.4 $58.4

$9.70 COP 30.2K

501.65%

Internet (50+ Mbps, Unlimited Data)

$40.57 $40.57

$23.52 COP 73.3K

72.49%

Gym Membership (Monthly)

$43.47 $43.47

$25.26 COP 78.7K

72.09%

Tennis Court (1 Hour on Weekend)

$19.10 COP 59.5K

Cinema Ticket

$9.93 $9.93

$3.95 COP 12.3K

151.39%

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

$2,794 $2,794

$316 COP 984.0K

784.75%

International Primary School, 1 Child (Yearly)

$28.0K $28.0K

$5,975 COP 18.6M

368.59%

Jeans (Levis 501 Or Similar)

$50.2 $50.2

$60.0 COP 187.0K

-16.42%

Summer Dress (H&M, Zara, etc)

$40.48 $40.48

$31.82 COP 99.1K

27.22%

Sport Shoes (Adidas, Nike)

$105 $105

$102 COP 316.8K

2.79%

Men's Leather Business Shoes

$81.5 $81.5

$107 COP 334.8K

-24.13%

1-bedroom Apartment, City Center (Monthly)

$1,574 $1,574

$475 COP 1.5M

231.38%

1-bedroom Apartment, Outside City Center (Monthly)

$1,377 $1,377

$374 COP 1.2M

268.22%

3-bedroom Apartment, City Center (Monthly)

$2,619 $2,619

$849 COP 2.6M

208.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,933 $1,933

$719 COP 2.2M

168.63%

Buy Apartment in City Center (m2)

$2,975 $2,975

$3,265 COP 10.2M

-8.90%

Buy Apartment Outside City Center (m2)

$2,074 $2,074

$1,441 COP 4.5M

44.00%

Average Monthly Net Salary (After Tax)

$2,018 $2,018

$624 COP 1.9M

223.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.43

13.43

-52.12%

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

Last update for Wakefield-Peacedale, RI: July 26, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $1,574 in Wakefield-Peacedale, RI versus $475 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 223% higher in Wakefield-Peacedale, RI, 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 $59.0 in Wakefield-Peacedale, RI versus $33.00 in Medellin. Monthly groceries follow the same trend: $482 vs $193 – 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

Wakefield-Peacedale, RI vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Wakefield-Peacedale, RI is pricier by about 155%, 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 $3,832 per month in Wakefield-Peacedale, RI and $1,504 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 $59.0 in Wakefield-Peacedale, RI and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 149% more in Wakefield-Peacedale, RI, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,003, than in Wakefield-Peacedale, RI at $2,554. In Medellin it covers expenses comfortably, while in Wakefield-Peacedale, RI 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, Wakefield-Peacedale, RI makes more sense. Both are solid long-term options with distinct trade-offs.