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Medellin, Colombia

Cost of Living in Medellin, Colombia

By Betsy Burlingame

Last updated on Mar 22, 2023

Summary: The cost of living in Medellin, Colombia is generally considered to be quite affordable. A nice 1 bedroom apartment in Medellin can cost anywhere from $400 to $800 per month in US Dollars, while a nice 2 bedroom apartment can cost anywhere from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Medellin is usually around $10 to $15 per person in US Dollars.

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Is the cost of living in Medellin high?

We asked people how much they someone comfortably live on in Medellin, they wrote:

"The cost of living in Medellin is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive compared to other cities in the region. Eating out at restaurants is also quite affordable, with many meals costing less than $10 USD. Rent prices can vary depending on the area, but are generally quite reasonable," explained one expat.

"Some say as little as $1,500 per month. We live in the most expensive area of Medellin, so our cost is more than double that amount. It also depends what activities we do," said one person in Medellin.

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Medellin, Colombia

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