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Madrid vs Medellín

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Medellín, CO, you'd need

$35,891 / year

Medellín, CO is 52% cheaper overall

Category breakdown (Medellín, CO vs Madrid, ES)

  • Housing-65%
  • Food & groceries-52%
  • Transport-50%
  • Utilities-50%
  • Healthcare-31%
  • Goods & services-42%

Full comparison

Madrid, ESMedellín, CO
Cost of living
Overall cost index10349
Housing12042
Food10048
Transport8040
Utilities11055
Healthcare8055
Goods & services10058
Housing
Rent, 1-bed centre$1,300/mo$550/mo
Rent, 1-bed outside$950/mo$350/mo
Rent, 3-bed centre$2,600/mo$1,100/mo
Buy price / m² centre$6,000$1,800
Money & purchasing power
$1,000 goes as far as$971$2,029
Inexpensive meal$14$5
Monthly transit pass$60$40
Taxes
Income tax (top rate)47%39%
VAT / sales tax21%19%
Social security (employee)6.4%
Corporate tax25%35%
Capital gains28%
Economy & salaries
Avg net salary$1,900/mo$450/mo
Minimum wage$1,300/mo$330/mo
GDP per capita$38,627$6,976
Inflation (annual)2.7%5.2%
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyLowLow
Coworking spaces7040
Time zoneUTC+1UTC-5
Quality of life
Safety index6248
Healthcare index8070
Pollution index4555
Internet speed200 Mbps80 Mbps
Walkability8855
Public transport9068
Family-friendly6858
Tap waterSafe to drinkSafe to drink
Life expectancy84 yr74 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+6 °C+22 °C
July avg+25 °C+22 °C
Sunny days / year250200
Rainfall / year420 mm1,600 mm
Connectivity
Flight to nearest hub1 h1.5 h

Taxes & Economy & salaries: Spain vs Colombia. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Moving from Madrid to Medellín: cheaper or more expensive?

Moving from Madrid to Medellín, your cost of living will be roughly 52% cheaper. Medellín’s cost-of-living index is 49 versus 103 for Madrid (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Madrid cheaper than Medellín?

Medellín is about 52% cheaper than Madrid overall — its cost-of-living index is 49 versus 103 for Madrid.

How much do you need to earn in Medellín to live like in Madrid?

To keep the same standard of living, a $75,000 salary in Madrid is worth about $35,891 in Medellín. Enter your own figure in the calculator above.

Which has lower taxes, Madrid or Medellín?

Colombia has the lower top income-tax rate — 39% versus 47% in Spain.

More comparisons from Madrid

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.