Cost of Living in Medellin Colombia - Plaza of Lights

Cost of Living for a Month in Medellin

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I’ve been diligently tracking my spending over the last month as part of my effort to understand how much I am spending per month–a key piece of information in my goal to cover 100% of my expenses in Medellin, Colombia.

I guestimated my expense needs to be about $600 per month for my housing and utilities and about $20 per day (or $600 per month) for my food and other day to day needs, for a total of $1,200 needed per month.

Turns out I was pretty much spot on.

A few notes about my lifestyle because you could certainly live for cheaper here, and you could easily spend lots more.

I eat out fairly regularly–usually twice per day–and almost only cook breakfast. I don’t feel like I splurge excessively here, but I don’t certainly don’t want for anything. If I want to eat out, I do it, if I want to take a cab, I do.

That being said, I’m used to a minimalist, backpacker sort of lifestyle (heck, I lived in my truck last year–everything feels like splurging). I eat at the typical Colombian restaurants and am not going out to fancy places unless there is a reason to do so.

I’m not going out to party, rumbear, and drink all the time. Not all that often lately, in fact.

I go out with my girlfriend to do things. It isn’t a “the gringo pays for everything” type of relationship at all, as costs are readily shared–hey, she makes more than me! She’ll buy dinner sometimes, I’ll buy dinner sometimes.

We also are perfectly happy staying in and watching Breaking Bad (dubbed in Spanish) on Netflix, while trying to travel and get out of town on the weekends.

TOTAL random aside: they are remaking Breaking Bad in Colombia with Walter Blanco, set in Bogota, cooking meth in an old bus instead of RV. I’m so excited to watch that version as well…

All those things are just to say that your cost of living here is probably going to be quite different depending on your lifestyle.

My splurges compared to my lifestyle of last year would obviously be having the big three-bedroom apartment (which I rent out on Airbnb to reduce my costs), having a cleaning lady come in once per week, as well as eating out much more frequently.

On to the results.

Overall in a 31 day period from mid-July to mid-August I spent 2.251.708 pesos, which was about $1,173.31 at the time.

(Psst... Wanna know the "secret" to traveling forever or being free to do what you love? Here's the answer, in five simple steps)

Just under my predicted amount.

Cost of Living Medellin, Colombia

Food – $372.79
$12.03 per day
Dining out, groceries, coffee and drinks, snacks.

House Stuff – $626.64
$20.21 per day
Rent, utilities, cleaner, washing machine rental, misc. supplies.
* Important to note that this cost is drastically less in reality due to my Airbnb rentals. See how I live rent free with Airbnb and my most recent income report here.

Transportation – $61.64
$1.99 per day
Buses, metro, taxi, parking

Travel – $106.51
$53.25 average for two long weekend trips
Includes cost of gas, tolls, camping, activities and all purchases except for the food we brought with us.

Observations

Just living in a hostel you would be paying $12.50 per night for a dorm room bunk-bed. I have a place that I can rent out and subsidize my costs for just $8 more per day. But of course, I had to pay for furnishings up front.

In reality, food is my biggest expense since I am subsidizing my housing. I’m not fully convinced that I would dramatically reduce my food prices by eating out less. An average meal costs around $4 for a soup, salad, entree, drink, and various sides. I couldn’t be bothered to make something equivalent.

For a comparison of eating out at breakfast: I can go out for $3 and get eggs, an arepa with cheese, small piece of meat, and coffee–I can make the same thing at home (minus the meat, which I don’t regularly buy) for about the same price but for four or five days.

Breakfast is easy though, I prefer making breakfast and having coffee at home usually. Lunch and dinner are just more work.

I could (and for health/fitness reasons, should) cut down on the postres (desserts), soda, and things like that though.

I will continue to track my spending and see if this month was an aberration or the norm.

Details of Spending

* Sometimes the dates are messed up, since it is listed as the date I entered it, not when I spend it. I tried to ensure accuracy of dates, but there may be some errors, otherwise there is a full 31 days captured. Also, dates with no activity are travel gaps, most likely, with just a single entry.

DATEITEMCATEGORYPESOSDOLLARS
7/20ArepasFood3600$1.88
7/20Dinner At FrisbyFood10200$5.31
7/20Brownie PostreFood2000$1.04
7/21BreakfastFood2200$1.15
7/21Coca ColaFood2600$1.35
7/21Sandwich And DrinkFood10400$5.42
7/21Dinner With Andrea FamilyFood20000$10.42
7/21Nuts and bolts to fix bedHouse2200$1.15
7/21Boric AcidHouse3600$1.88
7/21Homecenter PartsHouse2950$1.54
7/21HaircutPersonal11000$5.73
7/21MetroTransportation1900$0.99
7/22LunchFood7000$3.65
7/22DinnerFood25000$13.03
7/22Pepsi MiniFood1000$0.52
7/22BrownieFood1800$0.94
7/22Metro X2Transportation3800$1.98
7/23Coffee At PergaminoFood5800$3.02
7/23LunchFood9000$4.69
7/23BeersFood6000$3.13
7/23DinnerFood7000$3.65
7/23Taxi To Parque Lleras for job interviewTransportation11000$5.73
7/23BusTransportation1700$0.89
7/24BreakfastFood2800$1.46
7/24LunchFood7500$3.91
7/24Dinner At El CorralFood19100$9.95
7/24Cleaning LadyHouse30000$15.63
7/25LunchFood8500$4.43
7/25Two Empanadas for dinnerFood1400$0.73
7/25Breakfast StuffFood6200$3.23
7/26Beer And SnacksFood5000$2.61
7/26Snacks And DrinksFood3400$1.77
7/26Ice CreamFood9500$4.95
7/26Taxi to Los MolinosTransportation5000$2.61
7/27BuñuelosFood1200$0.63
7/27AlmuerzoFood24500$12.77
7/27Exito StuffFood58360$30.41
7/27Overnight ParkingTransportation7000$3.65
7/28ArepasFood1100$0.57
7/28LunchFood7500$3.91
7/28DunkaccinoFood4500$2.34
7/29LunchFood8500$4.43
7/29DinnerFood8000$4.17
7/30LunchFood7500$3.91
7/30Pizza For TwoFood38569$20.10
7/30BrownieFood1800$0.94
7/30RentHouse850000$442.92
7/30MetroTransportation1900$0.99
7/30MetroTransportation1900$0.99
8/1GuarapoFood500$0.26
8/1LunchFood9000$4.69
8/1DinnerFood19400$10.11
8/1Cleaning LadyHouse35000$18.24
8/1Washing MachineHouse12000$6.25
8/1BusTransportation1700$0.89
8/1BusTransportation1800$0.94
8/1BusTransportation1800$0.94
8/2CervezasFood5000$2.61
8/2LunchFood7500$3.91
8/2TaxiTransportation14500$7.56
8/2MetroTransportation1900$0.99
8/3Bunuelos Y CafeFood1900$0.99
8/3Pastel De PolloFood2000$1.04
8/3Bus To AlpujarraTransportation1700$0.89
8/3MetroTransportation1900$0.99
8/3TaxiTransportation4500$2.34
8/3Other TaxiTransportation10000$5.21
8/4Torta At AstorFood7650$3.99
8/4Beers And SnackFood7500$3.91
8/4FrisnackFood10200$5.31
8/4BusTransportation1700$0.89
8/4BusTransportation1700$0.89
8/5LunchFood7500$3.91
8/5Exito Camping Food Supplies for Rio ClaroFood126650$65.99
8/5Coke And BrownieFood4500$2.34
8/5TaxiTransportation4500$2.34
8/6Lunch New RestaurantFood5500$2.87
8/6Cleaning Lady And New CurtainHouse50000$26.05
8/6BusTransportation1700$0.89
8/6Sabaneta BusTransportation1700$0.89
8/7DinnerFood7500$3.91
8/7CokeFood1500$0.78
8/7CafeFood1800$0.94
8/7Split Washing MachineHouse5000$2.61
8/11Trip To Rio ClaroTravel108400$56.48
8/11GatoradeFood2500$1.30
8/11Lunch For 2Food25000$13.03
8/11Breakfast At BlasuFood6000$3.13
8/11Bunuelo Y TintoFood1200$0.63
8/12BreakfastFood3300$1.72
8/13Breakfast At BlasuFood6500$3.39
8/13Sandwich and CafesFood13000$6.77
8/13DessertFood3800$1.98
8/14BreakfastFood4000$2.08
8/14LunchFood5500$2.87
8/14Cleaning LadyHouse30000$15.63
8/15Dinner Pastries For TwoFood5000$2.61
8/15BreakfastFood3800$1.98
8/15Dinner For Two Empanadas Y BebidasFood4400$2.29
8/15Jardin Trip FoodFood48000$25.01
8/15Wifi UNE BillHouse71828$37.43
8/15EPM Utility BillHouse110001$57.32
8/15TaxiTransportation16000$8.34
8/16Coffee And CroissantFood1600$0.83
8/19LunchFood7500$3.91
8/19Frisby DinnerFood10200$5.31
8/19Taxi To LaurelesTransportation17000$8.86
8/19Jardin TripTravel96000$50.02
2.251.708$1,173.31

Colombia Travel Guide

Cost of Living for a Month in MedellinCost of Living for a Month in Medellin

Read Next: My Massive Guide to Traveling to Colombia

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Cost of Living for a Month in Medellin

Ryan

Author, Writer, and Head Honcho at Desk to Dirtbag
Ryan is an author, adventurer, perpetual wanderer, and self-proclaimed dirtbag (but that might not mean what you think). Originally from Seattle, he headed to Washington D.C. where he spent five years working for Congress before heeding the call of the wild. He set out living in his pickup truck to road trip across the American West. Since then he backpacked through Colombia, drove across all of Central America, and also wrote a best selling book: Big Travel, Small Budget. He just finished driving his old truck across all of South America -- support the adventures by visiting the D2D Shop. Follow the adventures on social media or read more about me.

Comments 9

  1. Thank you so much for this post! Have not been yet to Colombia, I’m planning my trip and stay there and this was, and I’m being deadly honest here, one of the most useful travelling articles that I have ever read! You provided so much information that is so useful for the ones like me!! Thank you so much! Now, I have a much clearer vision of how much money I need to be able to live in Medellin and what the prizes are!
    That is the most useful information I have found on the Internet in a while 🙂

    1. Post
      Author

      Thanks Ewa, I should put together an updated post… Things are even cheaper here now thanks to the exchange rate savings compared to 2014… Let me know if you have any questions!

  2. Honestly, 1.200 dollars per month is not dirtbag for me. Is a lot of money for a Colombian. I spend less than 500 us dollars living in Salento: out of the city, Close to the mountains style, riding my MTB everyday, paying 100 dollars of rent in the middle of the paradise!

    😉

    1. Post
      Author

      Yeah, it is certainly quite a bit for a Colombian. But I was actually spending less than that per month by renting out the apartment on Airbnb. Thus the reason for renting a three-bedroom apartment. The difficulty for gringos in Colombia is finding an affordable short term apartment that is available without the fiador requirement… That is really hard. Then you have to deal with furnishing the apartment, getting internet without a cedula… Not easy there, and thus more expensive for gringos than Colombians. Plus, of course, I was eating a lot, traveling, etc.

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