Cost of Living Comparison Between Miami, FL and Medellin 

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Indices DifferenceInfo
Cost of Living in Medellin is 62.0% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Medellin is 71.1% lower than in Miami, FL
Rent Prices in Medellin are 83.3% lower than in Miami, FL
Restaurant Prices in Medellin are 71.8% lower than in Miami, FL
Groceries Prices in Medellin are 61.0% lower than in Miami, FL
Local Purchasing Power in Medellin is 67.5% lower than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Medellin Edit Difference
Meal, Inexpensive Restaurant 28.09 $
(121,630.97 Col$)
5.77 $
(25,000.00 Col$)
     -79.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(433,015.36 Col$)
27.71 $
(120,000.00 Col$)
     -72.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(51,961.84 Col$)
6.70 $
(29,000.00 Col$)
     -44.2 %
Domestic Beer (1 pint draught) 7.50 $
(32,476.15 Col$)
1.39 $
(6,000.00 Col$)
     -81.5 %
Imported Beer (12 oz small bottle) 9.00 $
(38,971.38 Col$)
2.77 $
(12,000.00 Col$)
     -69.2 %
Cappuccino (regular) 5.44 $
(23,553.97 Col$)
1.54 $
(6,655.66 Col$)
     -71.7 %
Coke/Pepsi (12 oz small bottle) 3.23 $
(13,995.67 Col$)
0.95 $
(4,131.17 Col$)
     -70.5 %
Water (12 oz small bottle) 2.61 $
(11,301.14 Col$)
0.69 $
(2,967.79 Col$)
     -73.7 %
Markets
Miami, FL Edit Medellin Edit
Milk (regular), (1 gallon) 4.38 $
(18,978.45 Col$)
3.95 $
(17,095.15 Col$)
     -9.9 %
Loaf of Fresh White Bread (1 lb) 3.42 $
(14,801.22 Col$)
1.28 $
(5,532.07 Col$)
     -62.6 %
Rice (white), (1 lb) 1.95 $
(8,460.30 Col$)
0.58 $
(2,496.92 Col$)
     -70.5 %
Eggs (regular) (12) 4.14 $
(17,930.77 Col$)
1.96 $
(8,487.40 Col$)
     -52.7 %
Local Cheese (1 lb) 6.69 $
(28,968.76 Col$)
1.98 $
(8,577.41 Col$)
     -70.4 %
Chicken Fillets (1 lb) 5.66 $
(24,514.33 Col$)
2.32 $
(10,057.35 Col$)
     -59.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.31 $
(35,992.28 Col$)
4.38 $
(18,945.24 Col$)
     -47.4 %
Apples (1 lb) 2.76 $
(11,935.93 Col$)
0.95 $
(4,107.91 Col$)
     -65.6 %
Banana (1 lb) 0.84 $
(3,631.73 Col$)
0.42 $
(1,806.73 Col$)
     -50.3 %
Oranges (1 lb) 1.88 $
(8,150.17 Col$)
0.60 $
(2,587.48 Col$)
     -68.3 %
Tomato (1 lb) 2.17 $
(9,391.35 Col$)
0.58 $
(2,518.49 Col$)
     -73.2 %
Potato (1 lb) 1.15 $
(4,971.81 Col$)
0.49 $
(2,128.29 Col$)
     -57.2 %
Onion (1 lb) 1.46 $
(6,305.38 Col$)
0.51 $
(2,200.54 Col$)
     -65.1 %
Lettuce (1 head) 2.88 $
(12,474.45 Col$)
0.84 $
(3,634.99 Col$)
     -70.9 %
Water (1.5 liter bottle) 2.21 $
(9,556.32 Col$)
0.82 $
(3,531.34 Col$)
     -63.0 %
Bottle of Wine (Mid-Range) 15.00 $
(64,952.30 Col$)
9.62 $
(41,650.77 Col$)
     -35.9 %
Domestic Beer (0.5 liter bottle) 2.38 $
(10,317.66 Col$)
1.06 $
(4,600.27 Col$)
     -55.4 %
Imported Beer (12 oz small bottle) 3.00 $
(12,990.46 Col$)
1.98 $
(8,570.36 Col$)
     -34.0 %
Cigarettes 20 Pack (Marlboro) 10.35 $
(44,817.09 Col$)
2.08 $
(9,000.00 Col$)
     -79.9 %
Transportation
Miami, FL Edit Medellin Edit
One-way Ticket (Local Transport) 2.25 $
(9,742.85 Col$)
0.74 $
(3,200.00 Col$)
     -67.2 %
Monthly Pass (Regular Price) 113.75 $
(492,554.97 Col$)
36.95 $
(160,000.00 Col$)
     -67.5 %
Taxi Start (Normal Tariff) 4.00 $
(17,320.61 Col$)
1.21 $
(5,233.14 Col$)
     -69.8 %
Taxi 1 mile (Normal Tariff) 2.10 $
(9,093.33 Col$)
2.66 $
(11,506.81 Col$)
     +26.5 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(103,923.69 Col$)
6.70 $
(29,000.00 Col$)
     -72.1 %
Gasoline (1 gallon) 3.63 $
(15,698.98 Col$)
3.45 $
(14,932.34 Col$)
     -4.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $
(147,225,221.14 Col$)
17,782.28 $
(77,000,000.00 Col$)
     -47.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,966.40 $
(112,438,482.74 Col$)
25,359.63 $
(109,811,074.94 Col$)
     -2.3 %
Utilities (Monthly)
Miami, FL Edit Medellin Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.80 $
(691,940.08 Col$)
75.31 $
(326,113.70 Col$)
     -52.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 62.83 $
(272,053.10 Col$)
9.19 $
(39,788.00 Col$)
     -85.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.35 $
(287,289.03 Col$)
22.75 $
(98,500.00 Col$)
     -65.7 %
Sports And Leisure
Miami, FL Edit Medellin Edit
Fitness Club, Monthly Fee for 1 Adult 71.09 $
(307,824.71 Col$)
26.74 $
(115,793.67 Col$)
     -62.4 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $
(101,217.34 Col$)
16.45 $
(71,250.00 Col$)
     -29.6 %
Cinema, International Release, 1 Seat 15.00 $
(64,952.30 Col$)
4.16 $
(18,000.00 Col$)
     -72.3 %
Childcare
Miami, FL Edit Medellin Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,248.08 $
(5,404,364.74 Col$)
259.42 $
(1,123,333.33 Col$)
     -79.2 %
International Primary School, Yearly for 1 Child 25,250.00 $
(109,336,377.47 Col$)
5,958.22 $
(25,800,000.00 Col$)
     -76.4 %
Clothing And Shoes
Miami, FL Edit Medellin Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.44 $
(214,102.04 Col$)
56.19 $
(243,323.98 Col$)
     +13.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 52.50 $
(227,333.06 Col$)
34.58 $
(149,757.36 Col$)
     -34.1 %
1 Pair of Nike Running Shoes (Mid-Range) 85.53 $
(370,342.08 Col$)
87.12 $
(377,222.22 Col$)
     +1.9 %
1 Pair of Men Leather Business Shoes 119.38 $
(516,912.08 Col$)
90.55 $
(392,092.31 Col$)
     -24.1 %
Rent Per Month
Miami, FL Edit Medellin Edit
Apartment (1 bedroom) in City Centre 2,843.62 $
(12,313,301.09 Col$)
461.32 $
(1,997,575.51 Col$)
     -83.8 %
Apartment (1 bedroom) Outside of Centre 2,126.28 $
(9,207,101.00 Col$)
350.13 $
(1,516,134.12 Col$)
     -83.5 %
Apartment (3 bedrooms) in City Centre 5,415.75 $
(23,451,029.16 Col$)
863.17 $
(3,737,647.53 Col$)
     -84.1 %
Apartment (3 bedrooms) Outside of Centre 3,960.92 $
(17,151,405.17 Col$)
724.49 $
(3,137,167.99 Col$)
     -81.7 %
Buy Apartment Price
Miami, FL Edit Medellin Edit
Price per Square Feet to Buy Apartment in City Centre 614.65 $
(2,661,546.65 Col$)
143.03 $
(619,325.73 Col$)
     -76.7 %
Price per Square Feet to Buy Apartment Outside of Centre 373.83 $
(1,618,739.83 Col$)
129.50 $
(560,758.08 Col$)
     -65.4 %
Salaries And Financing
Miami, FL Edit Medellin Edit
Average Monthly Net Salary (After Tax) 4,271.49 $
(18,496,193.24 Col$)
401.70 $
(1,739,429.33 Col$)
     -90.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 15.69      +135.4 %
Last update: October 2024October 2024
Contributors in the past 12 months:183140