Cost of Living in Medellín

Colombia · South America · Currency: COP

20.4
COLI Index
#109
of 113 Cities
13.2%
Total Deductions
COP 1,454,819
1BR Rent/mo

About Medellín

Medellín has a cost of living index of 20.4, making it a very low cost city compared to New York (baseline = 100). It ranks #109 out of 113 cities tracked globally.

The local currency is COP. A salary of $75,000 USD in New York would need to be approximately COP 63,596,386 in Medellín to maintain the same purchasing power.

The approximate effective income tax rate in Colombia is 5% for a mid-range earner. Including social security and other mandatory deductions, the total deduction rate is approximately 13.2%.

Monthly Cost Breakdown in Medellín

Estimated monthly expense allocation for a mid-range earner living in Medellín. Housing costs are based on average one-bedroom rent in the city center (COP 1,454,819/month), with other categories adjusted for the local cost of living index.

Housing
29%
Food & Groceries
20%
Transportation
11%
Utilities
7%
Healthcare
6%
Other & Savings
27%

Estimates based on a mid-range salary adjusted for Medellín's COLI of 20.4 and Colombia's total deduction rate of 13.2%. Individual expenses will vary.

Tax & Deductions Breakdown in Medellín

Estimated annual deductions for a mid-range salary of COP 63,596,386 in Medellín. This shows all mandatory payroll deductions as a local employee.

Income Tax
5%
Health + Pension
8.0%
Total Deductions: 13.2%
Est. Take-Home: COP 55,208,871/yr

Rates shown are for a local employee. Expat rates may differ — use the main converter for personalized calculations.

Salary Ranges by Job Title in Medellín (2026)

Two numbers per role: local market (verified national stats, OECD estimate, or COLI fallback — same badges as /is-my-salary-good/) and a lifestyle equivalent (NYC baseline × city COLI / 100). The equivalent is not market pay. Senior column is COLI-scaled.

Job Title Local market (mid) Lifestyle equivalent (mid) COLI senior equivalent
Doctor (General)COP 89,783,133
OECD / estimated · Estimated · DANE Colombia
COP 152,631,325
COLI equivalent
COP 296,783,133
SurgeonCOP 139,662,651
OECD / estimated · Estimated · DANE Colombia
COP 237,426,506
COLI equivalent
COP 423,975,904
DentistCOP 79,807,229
OECD / estimated · Estimated · DANE Colombia
COP 135,672,289
COLI equivalent
COP 254,385,542
PharmacistCOP 51,957,831
OECD / estimated · Estimated · DANE Colombia
COP 105,993,976
COLI equivalent
COP 169,590,361
NurseCOP 24,108,434
OECD / estimated · Estimated · DANE Colombia
COP 49,181,205
COLI equivalent
COP 84,795,181
PsychologistCOP 35,331,325
OECD / estimated · Estimated · DANE Colombia
COP 72,075,904
COLI equivalent
COP 127,192,771
Software EngineerCOP 42,397,590
OECD / estimated · Estimated · DANE Colombia
COP 72,075,904
COLI equivalent
COP 152,631,325
DevOps EngineerCOP 47,385,542
OECD / estimated · Estimated · DANE Colombia
COP 80,555,422
COLI equivalent
COP 148,391,566
Data ScientistCOP 47,385,542
OECD / estimated · Estimated · DANE Colombia
COP 80,555,422
COLI equivalent
COP 144,151,807
Mechanical EngineerCOP 35,663,855
OECD / estimated · Estimated · DANE Colombia
COP 66,140,241
COLI equivalent
COP 118,713,253
Civil EngineerCOP 32,920,482
OECD / estimated · Estimated · DANE Colombia
COP 61,052,530
COLI equivalent
COP 114,473,494
Electrical EngineerCOP 36,578,313
OECD / estimated · Estimated · DANE Colombia
COP 67,836,145
COLI equivalent
COP 122,953,012
ArchitectCOP 32,920,482
OECD / estimated · Estimated · DANE Colombia
COP 61,052,530
COLI equivalent
COP 110,233,735
UX DesignerCOP 37,409,639
OECD / estimated · Estimated · DANE Colombia
COP 63,596,386
COLI equivalent
COP 118,713,253
Product ManagerCOP 49,879,518
OECD / estimated · Estimated · DANE Colombia
COP 84,795,181
COLI equivalent
COP 161,110,843
Project ManagerCOP 33,253,012
OECD / estimated · Estimated · DANE Colombia
COP 67,836,145
COLI equivalent
COP 127,192,771
Financial AnalystCOP 35,663,855
OECD / estimated · Estimated · DANE Colombia
COP 66,140,241
COLI equivalent
COP 122,953,012
AccountantCOP 28,348,193
OECD / estimated · Estimated · DANE Colombia
COP 52,573,012
COLI equivalent
COP 93,274,699
Business AnalystCOP 31,174,699
OECD / estimated · Estimated · DANE Colombia
COP 63,596,386
COLI equivalent
COP 118,713,253
ConsultantCOP 37,409,639
OECD / estimated · Estimated · DANE Colombia
COP 76,315,663
COLI equivalent
COP 152,631,325
Investment BankerCOP 68,584,337
OECD / estimated · Estimated · DANE Colombia
COP 127,192,771
COLI equivalent
COP 296,783,133
ActuaryCOP 50,295,181
OECD / estimated · Estimated · DANE Colombia
COP 93,274,699
COLI equivalent
COP 169,590,361
LawyerCOP 41,566,265
OECD / estimated · Estimated · DANE Colombia
COP 84,795,181
COLI equivalent
COP 186,549,398
ParalegalCOP 21,614,458
OECD / estimated · Estimated · DANE Colombia
COP 44,093,494
COLI equivalent
COP 72,075,904
Marketing ManagerCOP 29,927,711
OECD / estimated · Estimated · DANE Colombia
COP 61,052,530
COLI equivalent
COP 114,473,494
Sales ManagerCOP 33,253,012
OECD / estimated · Estimated · DANE Colombia
COP 67,836,145
COLI equivalent
COP 135,672,289
Graphic DesignerCOP 46,637,349
COLI estimate only — not market pay
COP 46,637,349
COLI equivalent
COP 84,795,181
Content WriterCOP 42,397,590
COLI estimate only — not market pay
COP 42,397,590
COLI equivalent
COP 76,315,663
HR ManagerCOP 29,096,386
OECD / estimated · Estimated · DANE Colombia
COP 59,356,627
COLI equivalent
COP 110,233,735
Operations ManagerCOP 34,084,337
OECD / estimated · Estimated · DANE Colombia
COP 69,532,048
COLI equivalent
COP 127,192,771
CEO / ExecutiveCOP 91,445,783
OECD / estimated · Estimated · DANE Colombia
COP 186,549,398
COLI equivalent
COP 423,975,904
TeacherCOP 17,956,627
OECD / estimated · Estimated · DANE Colombia
COP 40,701,687
COLI equivalent
COP 72,075,904
ProfessorCOP 35,539,157
OECD / estimated · Estimated · DANE Colombia
COP 80,555,422
COLI equivalent
COP 152,631,325
Research ScientistCOP 31,798,193
OECD / estimated · Estimated · DANE Colombia
COP 72,075,904
COLI equivalent
COP 131,432,530
PilotCOP 101,754,217
COLI estimate only — not market pay
COP 101,754,217
COLI equivalent
COP 211,987,952
ChefCOP 42,397,590
COLI estimate only — not market pay
COP 42,397,590
COLI equivalent
COP 84,795,181
JournalistCOP 44,093,494
COLI estimate only — not market pay
COP 44,093,494
COLI equivalent
COP 80,555,422

Salary ranges are estimates adjusted by Medellín's COLI (20.4) relative to the New York baseline (100). Actual salaries depend on experience, company, and industry.

How Much Do You Need to Earn in Medellín?

Understanding your take-home pay is critical when evaluating a move to Medellín. With total deductions of approximately 13.2% (income tax + social security) in Colombia and average one-bedroom rent of COP 1,454,819/month, here is what a mid-range salary looks like:

COP 63,596,386
Gross Annual (Mid-Range)
COP 4,600,139
Monthly Take-Home

After taxes, a mid-range earner in Medellín takes home approximately COP 4,600,139 per month. With housing consuming roughly 29% of after-tax income, careful budgeting is essential in this very low cost city. Your purchasing power in Medellín is 490% of what it would be in New York for the same nominal salary.

Neighborhoods in Medellín

19 neighborhoods tracked with cost multipliers relative to the city average. This neighborhood-level data helps you understand exactly how costs vary within Medellín.

NeighborhoodMultipliervs City Avg
El Poblado 1.30x +30%
San Lucas 1.18x +18%
Provenza 1.15x +15%
Laureles 1.12x +12%
Envigado 1.08x +8%
Castropol 1.08x +8%
Manila 1.05x +5%
La Floresta 1.02x +2%
Sabaneta 0.95x -5%
Belén 0.88x -12%
Estadio 0.85x -15%
La Estrella 0.82x -18%
Calasanz 0.80x -20%
Centro 0.78x -22%
Itagüí 0.78x -22%
Robledo 0.75x -25%
Boston 0.75x -25%
Aranjuez 0.72x -28%
Bello 0.72x -28%

Salary Comparison: Medellín vs Other Cities

To maintain the same standard of living as $75,000 USD in Medellín, here's what you'd need in other cities:

City COLI Equivalent Salary Difference
New York 100 $367,647 +80%
London 87.5 £242,237 +77%
Singapore 87.7 S$420,028 +77%
Dubai 72.4 AED 964,288 +72%
Berlin 51.2 €159,603 +60%
Tokyo 77.3 ¥44,023,952 +74%
Sydney 74.5 A$389,190 +73%
Toronto 62.3 C$310,106 +67%

Compare Medellín With Other Cities

See detailed side-by-side comparisons of salaries, rent, taxes, and neighborhoods.

Medellín vs Abu Dhabi Medellín vs Amsterdam Medellín vs Athens Medellín vs Atlanta Medellín vs Auckland Medellín vs Austin Medellín vs Bali (Denpasar) Medellín vs Bangalore Medellín vs Bangkok Medellín vs Barcelona Medellín vs Beijing Medellín vs Berlin Medellín vs Bogotá Medellín vs Boston Medellín vs Brussels Medellín vs Bucharest Medellín vs Budapest Medellín vs Buenos Aires Medellín vs Cairo Medellín vs Cancún Medellín vs Cape Town Medellín vs Casablanca Medellín vs Charlotte Medellín vs Chennai Medellín vs Chiang Mai Medellín vs Chicago Medellín vs Copenhagen Medellín vs Dallas Medellín vs Delhi Medellín vs Denver Medellín vs Doha Medellín vs Dubai Medellín vs Dublin Medellín vs Edinburgh Medellín vs Fukuoka Medellín vs Geneva Medellín vs Guangzhou Medellín vs Hanoi Medellín vs Helsinki Medellín vs Ho Chi Minh City Medellín vs Hong Kong Medellín vs Houston Medellín vs Istanbul Medellín vs Jakarta Medellín vs Krakow Medellín vs Kuala Lumpur Medellín vs Lagos Medellín vs Las Vegas Medellín vs Lima Medellín vs Lisbon Medellín vs London Medellín vs Los Angeles Medellín vs Luxembourg City Medellín vs Madrid Medellín vs Manila Medellín vs Marrakech Medellín vs Melbourne Medellín vs Mexico City Medellín vs Miami Medellín vs Milan Medellín vs Minneapolis Medellín vs Montevideo Medellín vs Montreal Medellín vs Mumbai Medellín vs Munich Medellín vs Málaga Medellín vs Nairobi Medellín vs Nashville Medellín vs New York Medellín vs Nice Medellín vs Osaka Medellín vs Oslo Medellín vs Panama City Medellín vs Paris Medellín vs Perth Medellín vs Philadelphia Medellín vs Phnom Penh Medellín vs Phoenix Medellín vs Phuket Medellín vs Playa del Carmen Medellín vs Portland Medellín vs Porto Medellín vs Prague Medellín vs Raleigh Medellín vs Riga Medellín vs Riyadh Medellín vs Rome Medellín vs San Diego Medellín vs San Francisco Medellín vs San José (CR) Medellín vs Santiago Medellín vs Seattle Medellín vs Seoul Medellín vs Shanghai Medellín vs Shenzhen Medellín vs Singapore Medellín vs Split Medellín vs Stockholm Medellín vs Sydney Medellín vs São Paulo Medellín vs Taipei Medellín vs Tallinn Medellín vs Tampa Medellín vs Tel Aviv Medellín vs Tokyo Medellín vs Toronto Medellín vs Valencia Medellín vs Vancouver Medellín vs Vienna Medellín vs Warsaw Medellín vs Washington DC Medellín vs Zurich

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Frequently Asked Questions

What is the cost of living index for Medellín?

The cost of living index (COLI) for Medellín is 20.4, which ranks #109 out of 113 cities globally. New York is the baseline at 100.

How much salary do I need in Medellín to match $75,000 in New York?

To maintain the same purchasing power as $75,000 USD in New York, you would need approximately COP 63,596,386 in Medellín.

What is the average rent in Medellín?

The average monthly rent for a one-bedroom apartment in the city center of Medellín is approximately COP 1,454,819 per month (local currency).

What are the total payroll deductions in Colombia?

The approximate effective income tax rate for a mid-range earner in Colombia is approximately 5%. Including social security and other mandatory contributions, total deductions are approximately 13.2%.

What are the cheapest neighborhoods in Medellín?

The most affordable neighborhoods include Boston, Aranjuez, Bello.

What are the most expensive areas in Medellín?

The most expensive neighborhoods are El Poblado, San Lucas, Provenza.

Data Sources & Methodology

Our cost of living index (COLI) uses New York City as the baseline (COLI = 100). Indices are derived from multiple sources including Numbeo, Expatistan, and national statistics agencies. Exchange rates are sourced from the European Central Bank.

Tax rates represent approximate effective rates for mid-range earners based on OECD Taxing Wages data and do not constitute tax advice. Neighborhood cost multipliers are estimated from local rental indices and property data. Salary ranges are modeled by adjusting global baseline figures by each city's COLI.

Last updated: 2026-08-31. Data is refreshed periodically and may not reflect very recent changes. All figures are estimates for informational purposes only.

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