Cost of Living in Medellin, Colombia

How expensive is it to live in Medellin?

68% Cheaper

than New York City (Index: 32)

$1,100
Single Person / Month
$2,600
Family of 4 / Month

Cost Index Breakdown

Compared to New York City (100 = NYC baseline)

32
Overall
28
Rent
35
Groceries
28
Restaurants
75
Transport
70
Utilities

Sample Prices in Medellin

ItemPrice (USD)
1BR Apartment (City Center)$450/mo
1BR Apartment (Outside Center)$300/mo
Meal at Inexpensive Restaurant$4
Cappuccino$1.8
Monthly Transit Pass$30

Last updated: Jan 2026

Related Tools

USD to COP
Exchange rate
Time in Medellin
Current local time

AEO Answers

Medellin Cost of Living Answers

Direct answers for monthly budget, cost index, and how Medellin compares with a New York City baseline.

finance

How expensive is Medellin, Colombia?

Medellin has a cost of living index of 32 against a New York City baseline of 100. Based on this model, it is 68% cheaper than New York, with an estimated single-person monthly budget around $1,100.

Verified 2026-01-01Page source
finance

What monthly budget should one person expect in Medellin?

A rough single-person monthly budget for Medellin is about $1,100 in this model. Actual spending can vary significantly based on rent, neighborhood, exchange rates, lifestyle, and household size.

Verified 2026-01-01Page source

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💡 Cost of living data is estimated based on public sources. Actual costs may vary based on lifestyle and exchange rates.

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