Historical Prices in Medellin

Currency:

Restaurants

Year
Meal, Inexpensive Restaurant
Meal for 2 People,
Mid-range Restaurant, Three-course
McMeal at McDonalds
(or Equivalent Combo Meal)
2023 24357.14 112950.83 25361.17
2022 18436.47 86351.68 22392.94
2021 20308.62 103168.58 21342.91
2020 17718.27 76576.49 17193.49
2019 14118.98 64265.83 15719.52
2018 12687.50 63823.69 16408.78
2017 11723.91 60000.00 17071.43
2016 10290.15 53652.69 13869.23
2015 8704.55 55055.56 12852.63
2014 8250.00 67785.71 14000.00
2013 11148.00 48251.21 14000.00
2012 6843.57 36997.53 11604.19
Year
Domestic Beer
(0.5 liter draught)
Imported Beer
(0.33 liter bottle)
Coke/Pepsi
(0.33 liter bottle)
Water
(0.33 liter bottle)
Cappuccino
(regular)
2023 6084.33 11531.25 4103.48 2918.64 6694.12
2022 4985.89 9095.10 3303.39 2538.87 5297.72
2021 4581.16 7729.35 3346.36 2658.90 5656.41
2020 4484.25 8371.92 3015.44 2453.21 4366.60
2019 3955.92 6833.33 2252.31 2192.22 3769.23
2018 3106.25 6000.00 2182.35 2023.53 3336.61
2017 3284.21 5823.53 2338.89 1964.71 4000.00
2016 2584.63 5889.60 2023.40 1723.32 3638.46
2015 2190.91 4911.11 1780.95 1680.95 3444.95
2014 2145.12 5237.29 1837.50 1998.33 3730.00
2013 3333.25 6711.00 2120.33 1733.33 3583.33
2012 1827.66 4906.63 1549.50 1597.41 3522.32

Markets

Year
Milk
(regular),
(1 liter)
Loaf of Fresh White Bread
(500g)
Eggs
(regular)
(12)
Water
(1.5 liter bottle)
Domestic Beer
(0.5 liter bottle)
Imported Beer
(0.33 liter bottle)
2023 4771.76 5716.67 8409.33 3477.78 4530.30 7250.00
2022 3367.96 4590.97 7348.19 2577.75 4360.39 7115.38
2021 2510.77 3838.08 5445.47 2500.00 3268.29 6084.00
2020 2398.46 3441.59 5328.85 3045.56 2890.72 7099.79
2019 2195.19 2250.00 6110.30 - 5114.29 -
2018 2297.27 3005.04 5095.33 2040.00 2325.00 5550.00
2017 2500.00 3364.29 4800.00 3625.00 2700.00 6000.00
2016 2100.00 3000.00 4337.50 3361.54 2350.00 5041.67
2015 2076.97 2777.43 4010.00 2255.44 2257.14 5251.50
2014 1878.00 2012.50 3393.81 2703.67 1303.67 -
2013 2100.00 2501.16 4500.00 2430.50 1470.33 3244.33
2012 1927.25 2831.36 4470.28 2409.18 2011.98 5613.15
Year
Apples
(1kg)
Oranges
(1kg)
Potato
(1kg)
Lettuce
(1 head)
Rice
(white),
(1kg)
Tomato
(1kg)
Banana
(1kg)
Onion
(1kg)
2023 8771.97 5535.99 3625.00 3607.96 5298.33 4935.00 4083.33 4348.49
2022 10851.44 4783.89 5074.66 2977.33 4232.25 5282.44 3355.94 4386.00
2021 7570.80 4924.79 3092.00 - 3240.00 3424.00 2545.00 -
2020 7208.33 4699.88 4120.00 2440.38 3771.63 4367.58 2329.46 3000.00
2019 7307.50 - 2636.42 - 3251.42 3742.27 1835.00 3285.13
2018 4897.31 3452.89 2660.00 2125.00 3394.29 3150.00 2553.08 2750.00
2017 6214.29 4125.00 3300.00 3008.33 3671.43 2660.00 3000.00 2500.00
2016 5598.89 2687.50 2760.00 2525.00 2992.84 2733.33 2116.00 2622.22
2015 6904.62 5468.98 3568.21 2220.00 3313.08 3250.00 - 4200.00
2014 3500.00 - 1370.33 1633.33 2333.33 1870.33 - -
2013 4833.33 4333.33 1400.00 1925.00 2733.33 2833.33 - -
2012 4765.42 3381.47 3062.91 1788.88 2385.45 1640.00 - -
Year
Local Cheese
(1kg)
Bottle of Wine
(Mid-Range)
Cigarettes 20 Pack
(Marlboro)
Chicken Fillets
(1kg)
Beef Round
(1kg)
(or Equivalent Back Leg Red Meat)
2023 21433.97 43506.38 9333.33 21867.27 42960.40
2022 16236.38 30614.62 8400.00 22019.13 29922.12
2021 14346.50 29987.50 - 15997.86 21882.85
2020 10059.20 27700.00 7683.33 16156.60 18739.01
2019 - 37150.96 - 10379.25 -
2018 8083.78 31166.67 6175.00 13240.00 17055.39
2017 11376.93 26500.00 5583.33 12562.50 15857.14
2016 8483.50 26250.00 4241.58 11146.15 17000.00
2015 7062.50 26667.67 3842.86 9306.28 15611.94
2014 7066.67 26666.67 3333.33 8241.04 -
2013 10750.00 21333.33 3166.67 9333.33 -
2012 6955.59 22685.01 3461.72 9007.74 -

Rent Per Month

Year
Apartment
(1 bedroom)
in City Centre
Apartment
(1 bedroom)
Outside of Centre
Apartment
(3 bedrooms)
in City Centre
Apartment
(3 bedrooms)
Outside of Centre
2023 1790613.77 1524039.58 3233819.46 3155821.36
2022 1486000.41 1100322.59 2461025.33 1978351.28
2021 1202274.07 1197643.89 2112937.50 1788461.54
2020 963013.23 934495.48 1658076.56 1601117.79
2019 1245805.79 928427.84 1853642.93 1626604.00
2018 809375.00 748000.00 1407023.38 1416551.72
2017 992118.25 1018333.33 1490526.32 1729090.91
2016 640625.00 630769.23 1073333.33 1141176.47
2015 461428.57 700000.00 856666.67 1205000.00
2014 562777.53 740925.00 1231047.50 1750000.00
2013 500000.00 700000.00 875000.00 1350000.00
2012 358595.94 649196.73 1012973.33 1147043.33

Buy Apartment Price

Year
Price per Square Meter
to Buy Apartment
in City Centre
Price per Square Meter
to Buy Apartment
Outside of Centre
2023 5714379.22 6265714.29
2022 6416666.67 5265057.86
2021 - -
2020 3750000.00 4449438.18
2019 4333333.33 4587500.00
2018 3712142.86 3333333.33
2017 3690000.00 3480000.00
2016 3255555.56 3485714.29
2015 2269154.51 2684215.31
2014 - -
2013 - 2700000.00
2012 1918177.51 2590583.66

Salaries And Financing

Year
Average Monthly Net Salary
(After Tax)
2023 1775770.56
2022 1498704.73
2021 2157142.86
2020 1206333.33
2019 1230943.70
2018 1073441.71
2017 810000.00
2016 983804.23
2015 1175000.00
2014 1029516.65
2013 1000000.00
2012 987453.92

Transportation

Year
One-way Ticket
(Local Transport)
Gasoline
(1 liter)
2023 2924.55 3721.28
2022 2679.47 2447.31
2021 2448.46 -
2020 2398.62 2468.57
2019 2270.71 2627.78
2018 2181.55 2416.16
2017 2044.12 2292.03
2016 1981.43 2118.49
2015 1882.61 2256.36
2014 1733.33 2220.81
2013 1750.00 2261.73
2012 1738.28 2492.98
Year
Monthly Pass
(Regular Price)
2023 -
2022 158408.70
2021 -
2020 106000.00
2019 -
2018 94218.60
2017 96391.30
2016 58900.00
2015 -
2014 90903.67
2013 -
2012 71190.08

Salaries And Financing

Year
Mortgage Interest Rate in Percentages
(%), Yearly, for 20 Years Fixed-Rate
2023 14.58
2022 11.63
2021 -
2020 10.91
2019 13.36
2018 11.73
2017 13.19
2016 11.83
2015 12.30
2014 -
2013 12.00
2012 14.00

Utilities (Monthly)

Year
Basic
(Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet
(60 Mbps or More, Unlimited Data, Cable/ADSL)
Mobile Phone Monthly Plan with Calls and 10GB+ Data
2023 324541.13 100769.23 38503.69
2022 267298.62 104117.65 -
2021 244979.40 115153.85 -
2020 213886.77 111040.47 -
2019 199725.73 133740.55 -
2018 183595.92 122371.34 -
2017 176249.71 90611.11 -
2016 170433.42 75952.38 -
2015 193265.98 75000.00 -
2014 230952.38 78333.33 -
2013 174193.69 51573.50 -
2012 174017.64 71950.90 -

Sports And Leisure

Year
Fitness Club, Monthly Fee for 1 Adult
Tennis Court Rent
(1 Hour on Weekend)
Cinema, International Release, 1 Seat
2023 110384.62 - 18800.00
2022 93388.74 42500.00 15793.75
2021 78909.09 - 14625.00
2020 74117.91 40714.29 13936.23
2019 75231.81 - 12484.42
2018 80214.34 25111.11 13105.25
2017 93250.00 60000.00 12739.13
2016 98913.04 35000.00 11089.29
2015 106666.67 - 9562.50
2014 135000.00 - 11000.00
2013 93750.00 - 8851.83
2012 143008.00 89380.00 10396.77

Clothing And Shoes

Year
1 Pair of Jeans
(Levis 501 Or Similar)
1 Summer Dress in a Chain Store
(Zara, H&M, ...)
1 Pair of Nike Running Shoes
(Mid-Range)
1 Pair of Men Leather Business Shoes
2023 220933.71 140848.18 362500.00 367801.13
2022 195684.62 168777.78 305000.00 251111.11
2021 153343.00 105998.83 273500.00 291428.57
2020 162000.15 93571.43 263260.14 228823.53
2019 174545.45 109124.32 254628.47 253985.60
2018 171893.84 116574.73 238611.59 226181.82
2017 183750.00 110357.14 260294.12 240384.62
2016 165952.38 103928.57 220000.00 237352.94
2015 150000.00 115000.00 192222.22 220625.00
2014 130000.00 70000.00 220000.00 190000.00
2013 142777.75 100277.75 155000.00 190277.75
2012 100105.60 75973.00 154379.16 155951.58
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