Many people ask about the cost of retirement, and I find myself giving the same wonderful answer in countless ways: Medellín is an exceptionally economical city. To live even more affordably, you can travel just 40 minutes to an hour outside the urban center. There, you will discover an extraordinary and cost-effective country lifestyle.
For example, you can rent a country house for between 1 million and 2.5 million Colombian pesos per month—that’s approximately $400 USD. For groceries, a monthly budget of around $70 USD can cover a generous supply of fresh fruits and vegetables.
To show you exactly what this life looks like, we will be filming a comprehensive video series. We’ll visit multiple locations, document real prices, and provide a detailed market list. Our goal is to give you a clear, practical understanding of what it costs to live well in Colombia.
Retiring in Medellín is Economical
Our tours will help you realize just how affordable life in Medellín can be. Whether you choose to rent or buy, you can find a property that suits your needs and brings you joy. Demonstrating this affordability is a key focus of our Medellín retirement tours. You will see firsthand that living in Medellín is inexpensive, especially if you consider the greener, more natural spaces on the city’s outskirts.
In Medellín, you will find that daily life is very affordable. This includes costs for insurance, fuel (though this has been rising), and staples like eggs, vegetables, chicken, milk, and cheese. Overall, the cost of groceries and market shopping in Colombia—particularly in Medellín—is remarkably economical.
We invite you to buy our retirement guide in Medellín for pennies on the dollar to explore your retirement possibilities in Medellín.