Cost of living in Ibarra is 34% lower than in Medellin (without rent).
Rent in Ibarra is 47% cheaper than in Medellin.
Cost of living including rent in Ibarra is 40% lower than in Medellin.
Food in Ibarra is 16% cheaper than in Medellin.
Transport in Ibarra is 82% cheaper than in Medellin.
| Ibarra | Medellin | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Ibarra | Medellin | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
2.98 $ | 5.77 $ |
| Dinner, for 2 | 30.3 $ | 24 $ |
| Fast food, McDonalds or KFC | 5.53 $ | 6.82 $ |
| Beer, 0.5 L or 16 fl oz | 0.99 $ | 1.83 $ |
| Capuccino | 2.24 $ | 1.96 $ |
| Coke, 330ml | 0.67 $ | 0.98 $ |
Markets |
Milk, 1 L or 1 qt | 0.92 $ | 1.06 $ |
| Bread, 0.5 kg or 1 lb | 1.19 $ | 1.28 $ |
| Rice, 1 kg or 2 lb | 1.6 $ | 1.18 $ |
| Eggs, 12 pack | 1.43 $ | 2.21 $ |
| Cheese, 1 kg or 2 lb | 2.83 $ | 5.4 $ |
| Chicken Breast, 1 kg or 2 lb | 3 $ | 5.4 $ |
| Round Steak, 1 kg or 2 lb | 5.96 $ | 10.2 $ |
| Apples, 1 kg or 2 lb | 1.5 $ | 2.22 $ |
| Banana, 1 kg or 2 lb | 0.63 $ | 0.92 $ |
| Oranges, 1 kg or 2 lb | 1.19 $ | 1.26 $ |
| Potatoes, 1 kg or 2 lb | 0.45 $ | 1.07 $ |
| Onions, 1 kg or 2 lb | 0.99 $ | 1.14 $ |
| Water, 1 L or 1 qt | 0.71 $ | 0.53 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 1.78 $ | 1.59 $ |
| Wine, 750 mL bottle | 7.96 $ | 10.7 $ |
| Beer, 0.5 L or 16 fl oz | 1.5 $ | 1.05 $ |
| Cigarette pack | 7.22 $ | 2.18 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 0.42 $ | 0.72 $ |
| Monthly pass, Monthly Ticket | 4.99 $ | 43 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.64 $ | 0.98 $ |
| Taxi, 8 km | 10.5 $ | 12.7 $ |
Personal Care |
||
| Doctor visit, private clinic | 30.1 $ | 35.3 $ |
| Cold medicine, for 1 week | 5.99 $ | 5.27 $ |
| Hair shampoo, 400 ml or 12 oz | 4.98 $ | 4.2 $ |
| Toilet paper, 4 rolls | 1.53 $ | 2.89 $ |
| Toothpaste, 1 tube | 1.42 $ | 2.22 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
24.1 $ | 45.7 $ |
| Utility bill - family, electricity, heating, water & garbage |
37.1 $ | 70.3 $ |
| Internet plan, +60 Mbps |
33.6 $ | 21.7 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 150 $ | 300 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 249 $ | 646 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 166 $ | 436 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 251 $ | 864 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 749 $ | 1,473 $ |
| Price per Square Meter to Buy House, in suburbs | 618 $ | 1,403 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 561 $ | 417 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 11.33 % | 15.54 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 30 $ | 27 $ |
| Cinema, 1 seat | 4.02 $ | 4.13 $ |
| Haircut | 4.37 $ | 8.07 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 70 $ | 91.7 $ |
| Brand Jeans, Levis 501 | 52.1 $ | 56.2 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 90.3 $ | 239 $ |
| International Primary School, yearly for 1 child | 7,187 $ | 6,129 $ |