🇨🇴 Cost of living · Colombia

Medellín Cost of Living

Monthly cost of living breakdown for Medellín, Colombia

Cost Level: Low

Housing

1BR Apartment — City Center COL$1,435,000–2,460,000/mo (centre); COL$1,000,000–1,700,000/mo (outer)
USD Reference Approx. USD 440–760/mo (1BR centre) · at 2026-07-21 FX rates

Food & Dining

Budget Restaurant / Local Eatery COL$16,000–38,000 (casual); COL$85,000–170,000 (restaurant for 2)
Monthly Groceries COL$650,000–1,250,000/mo (groceries)

Transport

Monthly Transport Cost Monthly pass ~COL$110,000

Metro (Colombia’s only) + cable cars (Metrocable) + tram + BRT; Cívica card. José María Córdova Airport (MDE). Cable cars to hillside barrios are a signature.

Monthly Budget Summary

Budget Lifestyle (single)
USD 800–1,200
Comfortable Lifestyle (single)
USD 1,200–2,000
Family Budget (2–3 people)
USD 2,500–4,000
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Important Note

Data above is approximate and indicative. Actual costs vary by location, personal lifestyle, and exchange rate fluctuations. Verify with local sources after arrival.

Source: RichBay editorial estimate (indicative, not guaranteed)

Estimate baseline: 2026-07-20

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