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Cost of living in Medellin

I was very anxious to write this article for many reasons. I love the fact that the cost of living in Medellin is so economic. This is a city that is amazing and cheap for many reasons, everything from housing, food, clotting, services are more cost effective than many, many cities.

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Real Estate in Medellin

Let’s talk real estate for example. An apartment here, a good apartment, I am going to be a little over the top with the real estate because it’s a really good example. a 3200 square foot apartment, with an amazing view to the city, all the amenities, in the most posh posh area of the city can cost you..somewhere around at today’s currency exchange (Dic 2021) its just over 4k pesos per dollar. so lets be safe and do our calculations with the price per dollar at 3.800. to be safe.

The exercise is simple a very hush hush property should be somewhere between 900 millones and 1500 millones COP, that is..somewhere 236k usd to 394k usd, but we are talking…super high end. so yes, you will be amazed at the real estate prices here.

Let’s talk food. 

One thing is really good is the food, i read many post of people complaining about how food here can be too fried or that does not have flavour. I am not going to debate with noone over food, because that is the reason why we have taste buds, and no everyone has to like everything,..anyway you get the point.

Basic supermarket stuff like eggs, milk, cheese, pasta and all that stuff we like so much is very good price wise, you can easily spend just over 150 dollars per month for 2 people, with everything fresh and also way more organic than all that wonderful industrially grown vegetables from up north, not saying that they are not good…just saying you better wash the living petunias out them before you cook them 😳

Here you can go to any farmers market in any neighborhood and get fresh whatever.

I like to make a pause here and…

living cost in medellin
forbes best places to retire

Yes, they are all fresh.

Do you want to know anything specific? let me know? we can get all the answers you need so you can make the most inform decision about your retirement. The easy retirement way.

If you were to move here, not even retire. just moving here and you were to have small kids..same deal. everything for them much cheaper.

The cost of transportation

Here is another big winner in Medellin, this city has one of the best public transportation systems in the world. The Metro which runs from north to south in the city along the Rio Medellin is just wonderful, it’s one of the cleanest metro systems in the world and is very economic. less than a dollar.

Taxis are also very economical and now with the digital competition of Uber, DIDI and so many other transportation aps, it’s very easy to move around.

Medellin also has Metro Plus and Metro Cable which run along in the same service as the metro. its amazing. Medellin also has a bast normal city bus circuit run by privates, a few years back when there was no metro system, they were kings on the road, and gettin in a bus was sometimes…uhm…amazing to do. hanging for dear life outside the doors or squish to hell inside.

Schools

If you are going to retire here, you don’t have any kids, so i am not going go deep into this subject, but i can tell you this much…private schools are very affordable.

Renting cost

Renting a place in Medellin is cheap, i mean dirt cheap, you can get a really nice place for less than 1k per month very easy, the cost of living in Medellin is so low that renting a nice place is not a problem because it won’t be pass 1.5k per month, (that is a super mansion type property). The problem is all the stupid requirements renters have for anyone here, but we can help you with that., not just you for been an overseas renter, its with everyone. We can help you make your life easy, we have been trying to change the model here, but it´s roots run deep.

There are 2 different models of renting, furnish and not furnish, its have its advantage, and i would recommend you stay in a couple of furnish places at the begining to find out with are you are going to like best.

After deciding in what area you want to live and if you want to rent before buying..we can help you, here we explain the process to rent here, the requirements that locals ask to foreigners, and very important, we tell you when a renter is simply trying to rip you off

Cost of living in Medellin make Maid services super affordable. 

because the cost of living in Medellin is so amazing you can hire help, but my suggestion about it is very simple. do it through a job agency so you don’t get rip off. it’s very simple, the agency it’s incharge of paying all the technical stuff you must pay to an employee. it’s worth every penny (because is also very cheap to do)

Do you want to know anything else about the cost of living here in Medellin? let me know in the comments below, we will be happy to answer any questions you have.