Cost of living
Medellin compared to Velez
🏛️
Overview comparison
MedellinVelez
Consumer prices in Medellin are roughly 40% higher than in Velez.
Cost of living
| Item | Medellin | Velez |
|---|
| Total with rent one person | 959 | 601 |
|---|
| Total with rent family | 2,318 | 1,428 |
|---|
| Without rent one person | 427 | 375 |
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| Without rent one family | 1,227 | 865 |
|---|
| Rent & Utilities person | 397.49 | 293.74 |
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| Rent & Utilities family | 788.82 | 384.73 |
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| Food person | 240 | 226 |
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| Food family | 736 | 521 |
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| Transport person | 137.85 | 50.47 |
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| Transport family | 347.7 | 136.84 |
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| Life expectancy | 78.11 years | 70.28 years |
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Eating Out
| Item | Medellin | Velez |
|---|
| Lunch Menu | 4.72 | 4.38 |
|---|
| Dinner in a Restaurant, for 2 | 19.16 | 19.08 |
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| Fast food meal, equiv. McDonald's | 6.27 | 7.24 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.62 | 1.36 |
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| Cappuccino | 1.92 | 1.89 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.17 | 0.85 |
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Rent & Utilities
| Item | Medellin | Velez |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 496.98 | 212.5 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 339.68 | 168.45 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 879.1 | 352.91 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 673.82 | 267.14 |
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| Utility Bill one person, electricity, heating, water, etc. | 52.31 | 63.29 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 82.38 | 75.01 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 18.63 | 17.74 |
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Transportation
| Item | Medellin | Velez |
|---|
| Local transport ticket | 16.65 | 12.03 |
|---|
| Monthly ticket local transport | 1,439 | 918 |
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| Taxi Ride, 8 km or 5 mi | 1,593 | 698 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.83 | 0.79 |
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| Mortgage Interest Rate for 20 Years | 52.09% | 33.8% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 14.2 | 15.39 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.05 | 0.7 |
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Groceries
| Item | Medellin | Velez |
|---|
| Milk, 1 L or 1 qt | 1.05 | 1.15 |
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| Bread, 0.5 kg or 1.1 lb | 1.17 | 1.28 |
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| Eggs, x12 | 2.01 | 1.86 |
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| Cheese, 1 kg or 2.2 lb | 4.45 | 4.48 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.28 | 3.35 |
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| Round Steak, 1 kg or 2.2 lb | 11.06 | 6.6 |
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| Banana, 1 kg or 2.2 lb | 0.99 | 1.13 |
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| Water, 1 L or 1 qt | 0.53 | 0.49 |
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Other
| Item | Medellin | Velez |
|---|
| Gym Membership, 1 month | 26.94 | 18.4 |
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| Cinema Ticket, 1 person | 4.7 | 4.36 |
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| Doctors visit | 36.44 | 24.27 |
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| Haircut, simple | 9.13 | 4.38 |
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| Brand Jeans | 59.25 | 48.13 |
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| Brand Sneakers | 76.64 | 75.42 |
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| Daycare or Preschool, 1 month | 217.04 | 210.14 |
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| International Primary School, 1 year | 5,122 | 3,312 |
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