heidi fin QvPRGI8LfOc unsplash

What is the Cost of Living in Medellín, Colombia?

Experience Adventure Like Never Before: Book Your Tour Today!

What is the Cost of Living in Medellín, Colombia?

Living in Medellín, Colombia can be quite a unique and exciting experience due to its community and amazing climate. With a population of almost 3 million people, Medellín is the second-largest city in Colombia, and one of the most popular destinations among travelers. Not to mention all the great places to explore, like its vibrant parks, fascinating cultural districts, and breathtaking mountains.

But, if you’re considering making the move to Medellín, you may be wondering what the cost of living is like there. So to help, we’ve put together this guide to give you an inside scoop into what you can expect from the cost of living in Medellín.

Medellín’s Overall Cost of Living

According to Numbeo, a website dedicated to crowdsourcing data on cities around the world, the cost of living in Medellín is 57.28% lower than in New York City. This makes it one of the most affordable cities in the world for expats to move to.

The biggest difference comes in the cost of housing. In fact, accommodation in Medellín is 60.46% cheaper than in New York City. Likewise, utilities are around 60% cheaper, while groceries and restaurant meals are around half the cost of other major cities around the world.

Breakdown of Essential Expenses in Medellín

Here is a breakdown of essential expenses that you can expect when living in Medellín:

Expense Average Cost (USD)
Rent (1 bedroom apartment in city centre) 444 USD / Month
Utilities (electricity, heating, water, trash) 80 USD / Month
Groceries (monthly for 2 people) 206 USD / Month
Restaurant meals (3 course meal for 2 people) 33 USD / Meal

Of course, these prices may vary depending on where you choose to live and which restaurants you visit. However, these average prices should give you a general idea of what to expect when budgeting for your own expenses in the city.

Additional Costs You Should Plan For

In addition to essential expenses and general day-to-day costs, there are some other things you’ll need to budget for, such as health care, travel, and leisure activities. Here’s what you should include in your budget for these additional expenses:

  • Health Care: Health coverage in Medellín is relatively inexpensive compared to other cities around the world. Depending on your age and lifestyle, monthly healthcare premiums can range from 35 USD to 80 USD per month.
  • Travel: The cost of transportation in Medellín is relatively low. A one-way trip on public transport costs around 0.86 USD and a monthly pass is only 13.21 USD.
  • Leisure Activities: If you want to enjoy some leisure activities around the city, you should plan to budget 32 USD for movie tickets or 50 USD per month for classe or entertainment.

Overall, while the cost of living in Medellín is certainly lower than in some other large cities around the world, there are still some things to know and plan for when budgeting your expenses here. With some careful planning and strategizing, however, you should be able to find ways to keep your costs down even more. And by taking advantage of living in a city surrounded by amazing culture, incredible scenery, and friendly people – living in Medellín can certainly be an affordable adventure.

If you are ready to make your move to Medellín and want to get even more information about the city and its cost of living, be sure to check out this guide from Medellin Living. You can learn even more about what you can expect living in an exotic city like Medellín and find lots of helpful tips and tricks for settling into your new home.

An Insider’s Guide to Medellín, Colombia

If you’re looking to escape the ordinary tourist attractions and explore the hidden side of Medellín, read on. Unlike the typical sightseeing recommendations, this guide will provide you with unique insights and authentic experiences that will make you fall in love with this vibrant city.

Local Attractions

While most travelers visit the famous landmarks like the Botero Plaza or the Metrocable, there are several lesser-known treasures in Medellín. Discover the neighborhood of Laureles, a hip and bohemian area with street art, lively bars, and excellent coffee shops. Another local favorite is the Parque Arví, an ecological preserve with hiking trails, food stalls, and breathtaking views of the valley.

For a taste of the city’s cultural heritage, visit the Casa Museo Otraparte, an old estate turned cultural center hosting art exhibits, music concerts, and writing workshops. Or, take a stroll through the Pueblito Paisa, a reconstructed traditional rural village on top of Cerro Nutibara, where you can enjoy the scenic views and immerse yourself in the local culture.

Dining Spots

Medellín’s cuisine is diverse and flavorful, reflecting the city’s mix of indigenous, Spanish, and African influences. Don’t miss out on the bandeja paisa, a platter with rice, beans, avocado, egg, meat, and fried plantain, considered the quintessential dish of the region. You can try it in any local restaurant, but for an authentic experience, head to La Feria de las Flores, a food festival celebrating the harvest season, where thousands of vendors offer local produce, street food, and folklore shows.

For a more upscale experience, book a table at El Cielo, a Michelin-starred restaurant that reinvents traditional Colombian flavors with innovative techniques and presentation. The menu features dishes like the regalito de maíz, a corn custard pillow with smoked oyster foam and crispy bacon bits, or the tuna tiradito, a ceviche-like combination of raw fish, passion fruit, and cilantro oil.

Cultural Experiences

Medellín is renowned for its vibrant cultural scene, from the tango-filled milongas to the colorful Feria de las Flores, there is always something to celebrate. If you’re lucky enough to be in town in December, don’t miss the Alumbrado, the city’s famous Christmas lights festival that covers its streets, parks, and buildings with dazzling illuminations and music shows.

If you’re into art, visit the Museum of Modern Art, which houses one of Latin America’s most extensive collections of contemporary art. Or, explore the local street art scene in Comuna 13, a formerly notorious slum now transformed into a vibrant community with murals, dance performances, and guided tours.

Local History

Medellín has a complex and fascinating history, from the Spanish conquest and the gold rush to the drug wars and the urban renewal projects. Learn about the city’s past by visiting the Casa de la Memoria, a museum dedicated to the victims of the armed conflict, or the Pablo Escobar Museum, a controversial but informative exhibit about the infamous cartel boss and his impact on Medellín’s society and economy.

For a more nostalgic touch, visit the Antioquia Museum, which showcases the region’s art, crafts, and culture, from pre-Columbian times to the present. Or, take a day trip to the colonial town of Santa Fe de Antioquia, a UNESCO World Heritage site with well-preserved buildings, narrow streets, and a relaxed atmosphere.

Off-the-Beaten-Path Suggestions

For a truly unforgettable and unique experience in Medellín, consider these off-the-beaten-path suggestions. Take a paragliding flight over the Aburrá Valley with experienced instructors and enjoy a bird’s eye view of the city and its surroundings. Or, relax in one of the city’s many hot springs, such as the Santa Rosa de Cabal or the Termales de Santa Fe, with thermal waters that range from 36°C to 72°C.

For a more adventurous option, embark on a guided tour to the hidden underground tunnels of the Medellín River, which once served as transportation and communication routes and later became the shelter for the city’s homeless. The tour lasts for three hours and includes a historical overview of the tunnels’ origins and uses, as well as safety equipment and protection.

In conclusion, Medellín has much to offer beyond its cost of living. With this insider’s guide, you’ll be able to explore the city’s hidden gems, savor its delicious cuisine, immerse yourself in its vibrant culture, and learn about its complex history. Don’t be afraid to venture off the beaten path and discover the magic of this Colombian gem.

heidi fin QvPRGI8LfOc unsplash

What is the Cost of Living in Medellín, Colombia?

Experience Adventure Like Never Before: Book Your Tour Today!