😐A single person spends $2,788 per month in Waterford vs $1,017 in Medellin, rent included.
😐A couple spends around $3,981 per month in Waterford vs $1,602 in Medellin, rent included.
😐A family of three spends $5,174 per month in Waterford vs $2,188 in Medellin, rent included.
😐Waterford costs about 174% more than Medellin, driven mainly by Eating Out.
📊Waterford sits 107% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.
Currency
🍽 Eating Out
Waterford
Medellin
Difference
Meal at Budget Restaurant
$23.46€20.21
$5.95COP 20.8K
294.29%
Three-Course Dinner for Two, Mid-Range
$94.4€81.3
$33.33COP 116.3K
183.23%
Fast Food Meal(McDonalds, etc)
$12.41€10.69
$7.23COP 25.2K
71.65%
Cappuccino
$4.10€3.53
$1.63COP 5,687
151.53%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.48€2.13
$1.09COP 3,821
127.52%
Water(0.33 liter bottle)
$2.14€1.85
$0.73COP 2,548
193.15%
Local Beer(0.5 liter draught)
$6.99€6.02
$1.74COP 6,065
301.72%
Imported Beer(0.33 liter bottle)
$5.61€4.83
$3.23COP 11.3K
73.68%
🛒 Groceries & Markets
Waterford
Medellin
Difference
Milk(1 liter)
$1.37€1.18
$1.05COP 3,662
30.48%
White Bread(500g)
$2.75€2.37
$1.29COP 4,515
113.18%
Rice(white)(1kg)
$2.42€2.08
$1.32COP 4,617
83.33%
Eggs
$4.42€3.81
$2.27COP 7,927
94.71%
Local Cheese(1kg)
$11.84€10.20
$4.35COP 15.2K
172.18%
Chicken Fillets(1kg)
$10.46€9.01
$5.88COP 20.5K
77.89%
Beef Round Steak(1kg)
$14.18€12.22
$8.61COP 30.0K
64.69%
Apples(1kg)
$2.97€2.56
$2.25COP 7,844
32.00%
Banana(1kg)
$2.66€2.29
$1.07COP 3,733
148.60%
Oranges(1kg)
$3.37€2.90
$1.52COP 5,322
121.71%
Tomato(1kg)
$3.69€3.18
$1.42COP 4,964
159.86%
Potato(1kg)
$2.32€2.00
$1.17COP 4,084
98.29%
Onion(1kg)
$1.50€1.29
$1.17COP 4,077
28.21%
Lettuce(1 head)
$1.29€1.11
$0.89COP 3,096
44.94%
Water(1.5 liter bottle)
$1.92€1.65
$0.90COP 3,146
113.33%
Cigarettes 20 Pack(Marlboro, Camel)
$18.41€15.86
$2.25COP 7,837
718.22%
Wine(Bottle)
$19.38€16.70
$11.04COP 38.5K
75.54%
Local Beer(0.5 liter bottle)
$2.91€2.50
$1.14COP 3,977
155.26%
Imported Beer(0.33 liter bottle)
$3.19€2.75
$2.38COP 8,301
34.03%
🚌 Getting Around
Waterford
Medellin
Difference
One-way Ticket(Public Transport)
$2.59€2.23
$0.84COP 2,916
208.33%
Public Transport Monthly Pass(Regular Price)
$65.2€56.2
$41.95COP 146.4K
55.49%
Taxi Start(Normal Tariff)
$6.24€5.38
$1.41COP 4,912
342.55%
Taxi(Normal Tariff)(1km)
$1.21€1.04
$1.90COP 6,634
-36.32%
Taxi 1hour Waiting(Normal Tariff)
$35.34€30.45
$7.75COP 27.0K
356.00%
Gasoline(1 liter)
$1.96€1.69
$1.01COP 3,509
94.06%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$36.4K€31.4K
$17.6KCOP 61.4M
107.01%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$40.5K€34.9K
$26.5KCOP 92.5M
52.90%
🧾 Monthly Utilities & Internet
Waterford
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$222€192
$83.7COP 292.1K
165.64%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$26.44€22.78
$9.45COP 33.0K
179.79%
Internet(50+ Mbps, Unlimited Data)
$63.7€54.9
$24.11COP 84.1K
164.37%
🎉 Sport & Entertainment
Waterford
Medellin
Difference
Gym Membership(Monthly)
$48.58€41.86
$25.31COP 88.3K
91.94%
Tennis Court(1 Hour on Weekend)
$14.58€12.56
$19.14COP 66.8K
-23.82%
Cinema Ticket
$13.28€11.45
$4.10COP 14.3K
223.90%
🧸 Childcare & Education
Waterford
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$1,202€1,035
$312COP 1.1M
285.27%
International Primary School, 1 Child(Yearly)
$7,601€6,549
$5,993COP 20.9M
26.83%
👕👟 Clothing & Footwear
Waterford
Medellin
Difference
Jeans(Levis 501 Or Similar)
$97.2€83.7
$58.0COP 202.6K
67.42%
Summer Dress(H&M, Zara, etc)
$56.2€48.41
$32.56COP 113.6K
72.57%
Sport Shoes(Adidas, Nike)
$113€97.7
$99.6COP 347.7K
13.82%
Men's Leather Business Shoes
$130€112
$109COP 378.8K
19.52%
🏠 Accommodation & Living
Waterford
Medellin
Difference
1-bedroom Apartment, City Center(Monthly)
$1,726€1,487
$482COP 1.7M
257.95%
1-bedroom Apartment, Outside City Center(Monthly)
$1,399€1,205
$379COP 1.3M
268.58%
3-bedroom Apartment, City Center(Monthly)
$2,729€2,351
$837COP 2.9M
225.85%
3-bedroom Apartment, Outside City Center(Monthly)
$2,194€1,890
$723COP 2.5M
203.37%
Buy Apartment in City Center(m2)
$4,010€3,455
$2,840COP 9.9M
41.20%
Buy Apartment Outside City Center(m2)
$2,912€2,509
$1,223COP 4.3M
138.12%
💵 Salaries & Financials
Waterford
Medellin
Difference
Average Monthly Net Salary(After Tax)
$3,331€2,870
$541COP 1.9M
515.89%
20-Year Fixed Mortgage Interest Rate(Annual %)
4.23
13.43
-68.50%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Waterford: June 8, 2026
Last update for Medellin: June 8, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,726 in Waterford versus $482 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 516% higher in Waterford, 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 $94.0 in Waterford versus $33.00 in Medellin. Monthly groceries follow the same trend: $359 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
Waterford vs Medellin: Cost of Living - Frequently Asked Questions
Is Medellin cheaper than Waterford?
Yes – Waterford is pricier by about 174%, and the gap shows up most in Eating Out. 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 $4,182 per month in Waterford and $1,525 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 Medellin, 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 Waterford or Medellin?
A mid-range dinner for two costs $94.0 in Waterford and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Waterford vs Medellin?
Monthly expenses with rent come to $2,788 in Waterford and $1,017 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for Waterford or Medellin?
A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,017, than in Waterford at $2,788. In Medellin it covers expenses comfortably, while in Waterford it requires careful planning or may not stretch far enough.
Is Waterford or Medellin more family-friendly?
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.
Which city is safer, Waterford or Medellin?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
Which city is the better choice to relocate to?
If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Waterford makes more sense. Both are solid long-term options with distinct trade-offs.