Is Bello Expensive?

Medellín, Colombia

-28% vs Medellín avg

Living in Bello, Medellín

Bello is one of the most affordable neighborhoods in Medellín, with a cost of living index of 14.7 — that is -28% compared to the Medellín average. Ranked #19 of 19, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around COP 1,047,470/month, compared to a range of COP 1,047,470 in Bello to COP 1,891,265 in El Poblado.

Monthly Budget Breakdown

For a typical resident of Bello, housing takes up roughly 21% of monthly expenses. Food and groceries account for about 20%, while transportation costs around 11%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately COP 41,898,795 before tax.

Typical Salaries in Bello

Salaries in Bello reflect the local cost of living. Based on the neighborhood COLI of 14.7:

After tax and deductions of 8.0% in Colombia, take-home pay for someone earning COP 41,898,795 would be roughly COP 38,546,892/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

14.7
COLI Index
0.72x
vs City Avg
COP 1,047,470
Est. 1BR Rent
#19
of 19 Areas
8.0%
Total Deductions

Tax & Deductions in Bello

Estimated annual deductions on a COP 45,826,807 salary in Bello, Medellín (local employee).

Income Tax
0%
Health + Pension
8.0%
Total Deductions: 8.0%
Est. Take-Home: COP 42,160,663/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Bello would need to be elsewhere:

City Currency Equivalent
New York USD $11,025
London GBP £9,488
Dubai AED AED 55,167

Other Neighborhoods in Medellín

Neighborhood COLI Multiplier vs Avg
El Poblado 26.5 1.30x +30%
San Lucas 24.1 1.18x +18%
Provenza 23.5 1.15x +15%
Laureles 22.8 1.12x +12%
Envigado 22.0 1.08x +8%

View all 19 neighborhoods in Medellín →

Convert Your Salary

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Compare Bello

Bello vs Aranjuez Bello vs Belén Bello vs Boston Bello vs El Poblado

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Bello:

Medavakkam, Chennai Giurgiului, Bucharest Kengeri, Bangalore Massira, Marrakech Route de Ouarzazate, Marrakech Esenyurt, Istanbul

Frequently Asked Questions

Is Bello expensive in Medellín?

Bello is one of the more affordable neighborhoods in Medellín. It costs about -28% less than the city average, ranking #19 out of 19 neighborhoods.

How does Bello compare to the Medellín average?

The cost of living in Bello is well below the Medellín average. With a multiplier of 0.72x, everyday expenses including rent, food, and transportation are -28% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.