CostTrek

Cost of living

Medellín

Medellín, Colombia

49
Overall cost index
US = 100
$550
Median 1-bedroom rent
51%
51% below the US average

In plain terms: Medellín is about 51% cheaper than a typical US city. A one-bedroom in the centre runs around $550/month.

Cities in Colombia

Category breakdown

Index vs the US average — the line marks 100. Lower is cheaper.

  • Housing4258%
  • Food & groceries4852%
  • Transport4060%
  • Utilities5545%
  • Healthcare5545%
  • Goods & services5842%

About

City of Eternal Spring

A dramatic turnaround story with a year-round spring climate and a modern metro. El Poblado and Laureles anchor a booming nomad scene; costs are low and healthcare excellent, but safety still varies sharply by neighbourhood.

Currency
Colombian peso · COP
Languages
Spanish
Coordinates
6.24, -75.58
Emergency
123

What things cost

1-bed, city centre$550 /mo
1-bed, outside centre$350 /mo
Inexpensive meal$5
Cappuccino$2
Monthly transit pass$40
Utilities (85 m²)$60 /mo
Internet, 100 Mbps$25 /mo
Gym membership$35 /mo

Housing

Rent, 1-bed centre$550 /mo
Rent, 1-bed outside centre$350 /mo
Rent, 3-bed centre$1,100 /mo
Buy price, centre$1,800 /m²
Buy price, outside centre$1,100 /m²

Taxes

39%

Income tax

progressive

19%

VAT / sales

35%

Corporate

$450

Avg net salary

per month

Visas & residency

The V-type Digital Nomad visa and M-type migrant visas make it a popular, affordable Latin-American base.

90 days visa-free (extendable to 180/year) for many passports.

V Digital Nomad Visadigital-nomad

Up to 2 years; ~$1,000/mo income.

Max stay: 24 months

M Migrant Visaresidence

Work, marriage or investment routes.

R Resident Visaresidence

Permanent residence after ~5 yrs.

Quality of life

Safety

48/100

Healthcare

70/100

Pollution

55/100

Internet

80 Mbps

Jan avg

+22 °C

Jul avg

+22 °C

Sunny days

200/yr

Walkability

55/100

Public transit

68/100

Family-friendly

58/100

Living there

English spoken
Low
Expat community
Large
Coworking spaces
40
Tap water
Safe to drink

Popular areas

El PobladoLaurelesEnvigadoBelén

Relocation & documents

Where to look

Coming soon
RentFincaraízFlightsSkyscannerInsuranceSafetyWingSIM & internetAiraloCoworkingSelina

Updated: 2026-08-14 · Sources: Cost/quality survey (placeholder) · Economy: World Bank Open Data (GDP per capita, life expectancy, inflation) · Taxes: national tax authority / OECD (headline figures)

? Frequently asked questions

How much does it cost to live in Medellín, CO?

Medellín, CO's cost-of-living index is 49 (US average = 100) — about 51% cheaper than a typical US city. A one-bedroom apartment in the centre costs around $550 per month.

What are the average living costs in Medellín, CO?

Living costs in Medellín, CO are about 51% cheaper than the US average — its cost-of-living index is 49 (US = 100). Monthly living expenses scale with that, and housing is the biggest line: a one-bedroom in the centre runs around $550. See the category breakdown above for where the money goes.

What is the average rent in Medellín, CO?

A one-bedroom in the city centre averages about $550 per month, and around $350 outside the centre.

What taxes would I pay in Colombia?

Colombia has a top income-tax rate of 39% and a VAT or sales tax of 19%. See the taxes section above for the full breakdown.

What is the weather like in Medellín, CO?

Medellín, CO averages around +22 °C in January and +22 °C in July, with roughly 200 sunny days a year.

Is Medellín, CO safe?

Medellín, CO scores 48 out of 100 on our safety index, where higher means safer.

Compare Medellín with…

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