Cost of living in Medellín (Colombia) is about the same as in Guayaquil (Ecuador)
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,509 prices entered by 138 different people.
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Currency:
| Food | - 6% | |||
|---|---|---|---|---|
| Food in Medellín (Colombia) is 6% cheaper than in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | COL$35,292 ($8) | $12 | - 31% | |
| Combo meal in fast food restaurant (big mac meal or similar) | COL$28,459 ($7) | $7 | + 3% | |
| 500 gr (1 lb.) of boneless chicken breast | COL$12,469 ($2.99) | $2.84 | + 5% | |
| 1 liter (1 qt.) of whole fat milk | COL$4,428 ($1.06) | $1.07 | - 1% | |
| 12 eggs, large | COL$12,744 ($3.05) | $2.14 | + 43% | |
| 1 kg (2 lb.) of tomatoes | COL$4,214 ($1.01) | $1.05 | - 4% | |
| 500 gr (16 oz.) of local cheese | COL$15,839 ($3.79) | $3.93 | - 4% | |
| 1 kg (2 lb.) of apples | COL$10,018 ($2.40) | $2.08 | + 16% | |
| 1 kg (2 lb.) of potatoes | COL$4,347 ($1.04) | $1.12 | - 7% | |
| 0.5 l (16 oz) domestic beer in the supermarket | COL$4,441 ($1.06) | $1.57 | - 32% | |
| 1 bottle of red table wine, good quality | COL$49,844 ($12) | $10 | + 20% | |
| 2 liters of coca-cola | COL$6,927 ($1.66) | $2.24 | - 26% | |
| Bread for 2 people for 1 day | COL$4,208 ($1.01) | $0.84 | + 20% | |
| Housing | - 1% | |||
| Housing in Medellín (Colombia) is about the same as in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | COL$4,731,930 ($1,134) | $869 | + 30% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | COL$2,470,670 ($592) | $420 | + 41% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | COL$301,193 ($72) | $78 | - 8% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | COL$2,423,970 ($581) | $613 | - 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | COL$1,410,590 ($338) | $316 | + 7% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | COL$218,401 ($52) | $56 | - 6% | |
| Internet 8 mbps (1 month) | COL$76,273 ($18) | $26 | - 31% | |
| 40” flat screen tv | COL$1,391,190 ($333) | $353 | - 6% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | COL$468,353 ($112) | $165 | - 32% | |
| Laundry detergent (3 l. ~ 100 oz.) | COL$29,408 ($7) | $5.55 | + 27% | |
| Hourly rate for cleaning help | COL$16,879 ($4.04) | $10 | - 61% | |
| Clothes | - 16% | |||
| Clothes in Medellín (Colombia) is 16% cheaper than in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| 1 pair of jeans (levis 501 or similar) | COL$223,268 ($53) | $71 | - 25% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | COL$156,342 ($37) | $44 | - 16% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | COL$411,062 ($98) | $106 | - 7% | |
| 1 pair of men’s leather business shoes | COL$369,648 ($89) | $93 | - 5% | |
| Transportation | + 16% | |||
| Transportation in Medellín (Colombia) is 16% more expensive than in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | COL$78,720,400 ($18,857) | $19,272 | - 2% | |
| 1 liter (1/4 gallon) of gas | COL$4,078 ($0.98) | $1.07 | - 9% | |
| Monthly ticket public transport | COL$157,042 ($38) | $26 | + 43% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | COL$29,477 ($7) | $11 | - 37% | |
| Personal Care | - 2% | |||
| Personal Care in Medellín (Colombia) is about the same as in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | COL$19,125 ($4.58) | $5.84 | - 22% | |
| 1 box of antibiotics (12 doses) | COL$38,782 ($9) | $9 | + 9% | |
| Short visit to private doctor (15 minutes) | COL$144,773 ($35) | $37 | - 7% | |
| 1 box of 32 tampons (tampax, ob, ...) | COL$33,071 ($8) | $6 | + 27% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | COL$19,459 ($4.66) | $4.70 | - 1% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | COL$17,652 ($4.23) | $5.59 | - 24% | |
| 4 rolls of toilet paper | COL$12,153 ($2.91) | $2.23 | + 30% | |
| Tube of toothpaste | COL$8,747 ($2.10) | $2.14 | - 2% | |
| Standard men's haircut in expat area of the city | COL$38,945 ($9) | $10 | - 6% | |
| Entertainment | - 20% | |||
| Entertainment in Medellín (Colombia) is 20% cheaper than in Guayaquil (Ecuador) | ||||
| Update prices | Update prices | |||
| Medellín | Guayaquil | Diff | ||
| Basic dinner out for two in neighborhood pub | COL$63,080 ($15) | $12 | + 22% | |
| 2 tickets to the movies | COL$40,809 ($10) | $11 | - 10% | |
| 2 tickets to the theater (best available seats) | COL$138,896 ($33) | $44 | - 24% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | COL$138,434 ($33) | $49 | - 33% | |
| 1 cocktail drink in downtown club | COL$34,841 ($8) | $11 | - 25% | |
| Cappuccino in expat area of the city | COL$11,177 ($2.68) | $3.43 | - 22% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | COL$17,195 ($4.12) | $1.82 | + 127% | |
| Ipad wi-fi 128gb | COL$3,281,040 ($786) | $803 | - 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | COL$335 ($0.08) | $0.20 | - 61% | |
| 1 month of gym membership in business district | COL$151,351 ($36) | $40 | - 10% | |
| 1 package of marlboro cigarettes | COL$9,630 ($2.31) | $4.65 | - 50% | |
 |
TOTAL | - 3% | ||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,509 prices entered by 138 different people.
These prices were last updated on September 09, 2024.
Exchange rate:
0.00024
USD
/
COP
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For example, to keep the same standard of living that would require $2,400 in Guayaquil you would need to make just about $2,339 (COL$9,763,452) in Medellín.
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