🇨🇴 Colombia · #353 of 558 cities · 2026

Cost of Living in Medellin

2.4% above the Colombia average

Ranked #353 of 558 cities · More expensive than 36.7% of cities worldwide

Compared to Colombia average

Rent Prices

Rent Prices in Medellin

Apartment City Centre Outside Centre You Save
1-Bedroom USD 2,519,052/mo USD 1,707,877/mo 32%
3-Bedroom USD 4,571,270/mo USD 3,121,523/mo 32%
Numbeo · 2026-03-12

Cost Indices

Cost of Living
+2.4% Average
Rent
+2.8% Average
Groceries
+3.0% Average
Restaurants
+1.7% Average
Purchasing Power
-7.6% Average

Living in Medellin: What to Expect

Medellin is average by global standards (ranked #353 of 558 cities). It is 2.4% more expensive than the Colombia average, based on 2 cities.

Groceries are average, while dining out is average. Restaurants offers the best value, while Groceries is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Workers in Colombia earning COP 190,540,672 gross take home COP 13,008,542/month after tax (18.1% effective rate). See full Colombia tax calculator →

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