Cost of living in Medellin? The bang for your buck!

MWhat is  the cost of living in Medellin?

What is the cost of living in Medellin, compared to Miami? (Check out the insert below).

Let’s get down to brass tacks – what is the bang for your buck in Medellin?  

Just how far will your American dollar go in Medellin?

Cost of living in Medellin - bang for buck.
The BANG for your BUCK!

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I took an average after tax take home in Miami, of roughly $3,900 USD per month.  

Then I looked  at what you’d need to maintain an equivalent lifestyle in Medellin, the City of Eternal Springtime.

See my findings below:

Chart shows cost of living in Medellin.
Cost of living Medellin.

In short prices are roughly 62% lower in Medellin on average than in Miami FL.

So you’d need approx $1,140 USD in Medellin, to have the same purchasing power and disposable income that you’d get on $3,900 USD in the beautiful Miami.

Hope that helps?  

However, a lot depends on where you live, what sector you are in, where you eat and where you buy your groceries.

In light of this, I am going to let you in on a secret and spill the beans on one of the best places to get fruit and veg at knock down prices in Medellin.  They even do a FREE home delivery service but best advised to get a Paisa to help you with the call as they are definitely not used to dealing with foreign accents no matter how good you think your Spanish is!

The large grocery store is located in the District of Belen,  it is called ”La Granja” (TheFarm),  open from 07:00-20:30, Carrera 77 No’29-13, Belen Parque, their number is as follows:

+57 321 885 23 81 / +57 589 91 74

As prices vary so enormously here in Medellin, compared to the more transparent, market-led food sector in the USA or the EU, I felt it only fair to share this top tip with you.  By the way, Thursday’s a discount day, so here’s to happy shopping and healthy eating!

 

(figures are courtesy www.numbeo.com)

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