Cost of living in Medellin is 30% lower than in Caracas (without rent).
Rent in Medellin is 8% more expensive than in Caracas.
Cost of living including rent in Medellin is 16% lower than in Caracas.
Food in Medellin is 38% cheaper than in Caracas.
Transport in Medellin is 10% cheaper than in Caracas.
| Medellin | Caracas | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Medellin | Caracas | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
5.77 $ | 13.2 $ |
| Dinner, for 2 | 24 $ | 48.1 $ |
| Fast food, McDonalds or KFC | 6.82 $ | 11 $ |
| Beer, 0.5 L or 16 fl oz | 1.83 $ | 1.54 $ |
| Capuccino | 1.96 $ | 3.25 $ |
| Coke, 330ml | 0.98 $ | 1.65 $ |
Markets |
Milk, 1 L or 1 qt | 1.06 $ | 2 $ |
| Bread, 0.5 kg or 1 lb | 1.28 $ | 1.77 $ |
| Rice, 1 kg or 2 lb | 1.18 $ | 1.29 $ |
| Eggs, 12 pack | 2.21 $ | 2.7 $ |
| Cheese, 1 kg or 2 lb | 5.4 $ | 8.85 $ |
| Chicken Breast, 1 kg or 2 lb | 5.4 $ | 7.66 $ |
| Round Steak, 1 kg or 2 lb | 10.2 $ | 7.44 $ |
| Apples, 1 kg or 2 lb | 2.22 $ | 5.76 $ |
| Banana, 1 kg or 2 lb | 0.92 $ | 1.45 $ |
| Oranges, 1 kg or 2 lb | 1.26 $ | 1.98 $ |
| Potatoes, 1 kg or 2 lb | 1.07 $ | 2.2 $ |
| Onions, 1 kg or 2 lb | 1.14 $ | 2.18 $ |
| Water, 1 L or 1 qt | 0.53 $ | 1.26 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 1.59 $ | 2.41 $ |
| Wine, 750 mL bottle | 10.7 $ | 7.98 $ |
| Beer, 0.5 L or 16 fl oz | 1.05 $ | 1.63 $ |
| Cigarette pack | 2.18 $ | 3.2 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 0.72 $ | 0.53 $ |
| Monthly pass, Monthly Ticket | 43 $ | 32.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 0.98 $ | 0.5 $ |
| Taxi, 8 km | 12.7 $ | 20.8 $ |
Personal Care |
||
| Doctor visit, private clinic | 35.3 $ | 38 $ |
| Cold medicine, for 1 week | 5.27 $ | 5.27 $ |
| Hair shampoo, 400 ml or 12 oz | 4.2 $ | 5.43 $ |
| Toilet paper, 4 rolls | 2.89 $ | 2.85 $ |
| Toothpaste, 1 tube | 2.22 $ | 2.45 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
45.7 $ | 14.2 $ |
| Utility bill - family, electricity, heating, water & garbage |
70.3 $ | 21.6 $ |
| Internet plan, +60 Mbps |
21.7 $ | 33.6 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 300 $ | 299 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 646 $ | 583 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 436 $ | 394 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 864 $ | 711 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 1,473 $ | 811 $ |
| Price per Square Meter to Buy House, in suburbs | 1,403 $ | 1,170 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 417 $ | 218 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 15.54 % | 22.16 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 27 $ | 72.8 $ |
| Cinema, 1 seat | 4.13 $ | 5.48 $ |
| Haircut | 8.07 $ | 11.3 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 91.7 $ | 111 $ |
| Brand Jeans, Levis 501 | 56.2 $ | 57.7 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 239 $ | 97.4 $ |
| International Primary School, yearly for 1 child | 6,129 $ | 4,719 $ |