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 $2,562 per month in Wakefield-Peacedale, RI vs $1,034 in Medellin, rent included.

A couple spends around $3,604 per month in Wakefield-Peacedale, RI vs $1,577 in Medellin, rent included.

A family of three spends $4,645 per month in Wakefield-Peacedale, RI vs $2,120 in Medellin, rent included.

Wakefield-Peacedale, RI costs about 148% more than Medellin, driven mainly by Groceries & Markets.

Wakefield-Peacedale, RI sits 91% above the global median, while Medellin is 23% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.39 $20.39

$5.92 COP 21.1K

244.43%

Three-Course Dinner for Two, Mid-Range

$60.6 $60.6

$32.75 COP 116.6K

85.10%

Fast Food Meal (McDonalds, etc)

$11.03 $11.03

$7.20 COP 25.6K

53.19%

Cappuccino

$5.04 $5.04

$1.70 COP 6,054

196.47%

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

$2.44 $2.44

$1.10 COP 3,910

121.82%

Water (0.33 liter bottle)

$2.04 $2.04

$0.72 COP 2,569

183.33%

Local Beer (0.5 liter draught)

$5.02 $5.02

$1.67 COP 5,937

200.60%

Imported Beer (0.33 liter bottle)

$9.05 $9.05

$3.10 COP 11.0K

191.94%

Milk (1 liter)

$1.27 $1.27

$1.06 COP 3,755

19.81%

White Bread (500g)

$4.10 $4.10

$1.25 COP 4,434

228.00%

Rice (white) (1kg)

$6.61 $6.61

$1.39 COP 4,951

375.54%

Eggs

$3.74 $3.74

$2.26 COP 8,053

65.49%

Local Cheese (1kg)

$16.58 $16.58

$4.33 COP 15.4K

282.91%

Chicken Fillets (1kg)

$13.32 $13.32

$5.84 COP 20.8K

128.08%

Beef Round Steak (1kg)

$20.65 $20.65

$8.83 COP 31.4K

133.86%

Apples (1kg)

$5.66 $5.66

$2.24 COP 7,985

152.68%

Banana (1kg)

$1.92 $1.92

$1.08 COP 3,827

77.78%

Oranges (1kg)

$5.40 $5.40

$1.53 COP 5,444

252.94%

Tomato (1kg)

$6.55 $6.55

$1.37 COP 4,880

378.10%

Potato (1kg)

$2.99 $2.99

$1.13 COP 4,021

164.60%

Onion (1kg)

$3.36 $3.36

$1.12 COP 3,980

200.00%

Lettuce (1 head)

$2.73 $2.73

$0.85 COP 3,014

221.18%

Water (1.5 liter bottle)

$2.56 $2.56

$0.91 COP 3,235

181.32%

Cigarettes 20 Pack (Marlboro, Camel)

$13.70 $13.70

$2.33 COP 8,295

487.98%

Wine (Bottle)

$17.61 $17.61

$11.13 COP 39.6K

58.22%

Local Beer (0.5 liter bottle)

$2.84 $2.84

$1.19 COP 4,249

138.66%

Imported Beer (0.33 liter bottle)

$5.12 $5.12

$2.37 COP 8,433

116.03%

One-way Ticket (Public Transport)

$2.04 $2.04

$0.79 COP 2,798

158.23%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 146.4K

Taxi Start (Normal Tariff)

$2.63 $2.63

$1.44 COP 5,111

82.64%

Taxi (Normal Tariff) (1km)

$2.15 $2.15

$1.91 COP 6,803

12.57%

Taxi 1hour Waiting (Normal Tariff)

$27.95 $27.95

$8.02 COP 28.5K

248.50%

Gasoline (1 liter)

$0.90 $0.90

$0.94 COP 3,337

-4.26%

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

$27.7K $27.7K

$17.9K COP 63.8M

54.29%

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

$24.7K $24.7K

$26.8K COP 95.4M

-7.97%

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

$102 $102

$84.0 COP 298.8K

21.47%

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

$58.9 $58.9

$9.60 COP 34.2K

513.96%

Internet (50+ Mbps, Unlimited Data)

$39.68 $39.68

$24.16 COP 86.0K

64.24%

Gym Membership (Monthly)

$43.59 $43.59

$25.88 COP 92.1K

68.43%

Tennis Court (1 Hour on Weekend)

$19.04 COP 67.8K

Cinema Ticket

$10.19 $10.19

$3.92 COP 13.9K

159.95%

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

$2,809 $2,809

$306 COP 1.1M

816.97%

International Primary School, 1 Child (Yearly)

$27.3K $27.3K

$5,919 COP 21.1M

360.46%

Jeans (Levis 501 Or Similar)

$49.36 $49.36

$57.9 COP 206.1K

-14.76%

Summer Dress (H&M, Zara, etc)

$39.64 $39.64

$31.82 COP 113.3K

24.58%

Sport Shoes (Adidas, Nike)

$101 $101

$99.9 COP 355.6K

0.64%

Men's Leather Business Shoes

$79.8 $79.8

$107 COP 381.3K

-25.48%

1-bedroom Apartment, City Center (Monthly)

$1,605 $1,605

$487 COP 1.7M

229.75%

1-bedroom Apartment, Outside City Center (Monthly)

$1,336 $1,336

$368 COP 1.3M

263.08%

3-bedroom Apartment, City Center (Monthly)

$2,584 $2,584

$826 COP 2.9M

213.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,919 $1,919

$716 COP 2.5M

168.04%

Buy Apartment in City Center (m2)

$2,455 $2,455

$2,925 COP 10.4M

-16.08%

Buy Apartment Outside City Center (m2)

$2,211 $2,211

$1,407 COP 5.0M

57.13%

Average Monthly Net Salary (After Tax)

$2,007 $2,007

$546 COP 1.9M

267.92%

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: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A central one-bedroom costs $1,605 in Wakefield-Peacedale, RI versus $487 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 268% 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 $61 in Wakefield-Peacedale, RI versus $33 in Medellin. Monthly groceries follow the same trend: $485 vs $190 – 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 148%, 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 $3,843 per month in Wakefield-Peacedale, RI and $1,550 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 $61.0 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 155% 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 $1,034, than in Wakefield-Peacedale, RI at $2,562. 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.