Cost Of Living In Medellin Colombia | Our Complete Budget (2020)
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- เผยแพร่เมื่อ 7 ก.ย. 2024
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In this video, you gonna see for what and how much we are spending money in Medellin Colombia.
In this video, we gonna show in detail how much we spend in Medellin, Colombia on a monthly basis and what this includes.
We already made Cost Of Living videos for Panama, Ecuador and Colombia too. But this video is all about OUR personal Cost Of Living.
To show you how much money we are spending per month will surely help you, to get a better idea of what YOU will spend more or less, especially when you're planning to live in Medellin Colombia.
Compared to the US you get a lot more with the same amount of money in Colombia. Medellin is not the cheapest area in Colombia, but one of the best to live in, in our opinion. You find everything you need. You have a great infrastructure, quality of the roads and more.
If you like to know more about our Cost Of Living in Medellin, Colombia contacts us any time.
Even if you not into the big city life, there are smaller town outside Medellin, Colombia where you have the peace and quietness that you're looking for. And as soon as you need more noise, party, and people you in little of the city in a short time.
Don't hesitate to contact us with any Expat questions you might have. No matter if you've got questions about Medellin, Bogota, Santa Marta or Colombia in general. We would love to support you on your journey.
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ABOUT THIS CHANNEL
This Channel's mission is to help and educate Expats, soon to be Expats and travelers.
In order to simplify their Expat and travel journey abroad.
We provide information, especially for Latin America.
Are you planning to visit or even relocate to Panama, Colombia or Ecuador?
No matter where in Latin America you'd like to relocate to, we'll provide you with all the needed information you need, in order to get around safely and to settle down.
#HowToExpat #OurCostOfLiving #MedellinColombia
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UPDATE Feb. 2020
We did a recalculation in Feb 2020 and found out we still spend around the same amount of money in Colombia.
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Update: Cost of Living in Medellin 2019
We planned to do another video in with the updated numbers in 2019 and tracked our cost of living again, but I found that we are still spending this amount (+/-10%) so this video is still up to date with our current situation (May 2019)
The only difference we have is that we cut down on our rental cost by moving to another apartment by around USD 80/m.
im 38 yrs old single since 2007 im intrested in learning how to live in colombia i have a limited budget to work with however
is it easy to get a passport are the women really friendly in general
@@jasonwilliams1360 People are very friendly in general and obtaining residency is manageable more here: www.how-to-expat.com/post/dating-in-medellin-colombia www.how-to-expat.com/Know-How-Video/Visa-Requirements-Colombia
Although it's cheaper in other parts of the world such Indonesia, esp Sumatra, Cambodia or even Vietnam, Colombia is very inexpensive. I LOVE going there, Even the hotels are inexpensive. I've met wonderful people there and Colombians are so delightfully friendly.
Sure, but who the fuck wants to live in any of those three places in comparison to Colombia?
$420 US for a 2 bedroom, clean, modern, apartment in Medellin is an amazing deal for US/foreign income earners. I prefer to live in Cartagena however if i I had the choice because it is not landlocked. You guys are living my dream as a millenial! Bravo! Though $2165 US was higher than i expected even for 2 people.
We now have even a cheaper option: ;) th-cam.com/video/bzqkYQHVtwI/w-d-xo.html&list=UUXCDC2-u_tZ8k9099hOi5pQ
Remember they have 4K on traveling and some other expenses that a regular person will not have.
I'm surprised you think $2165 is a lot for two people. That's barely the average rent for a studio here in DC. $12k a year per person for a good standard of living is freakishly low by national and world standards.
Cartagena is too, too hot for me although I love the beaches!
@@ScentSense$2000 is wayyy above salaries in Colombia and a lot of other countries
Rent - 420
Utilities - 40
Internet - 30
Dining out - 220
Groceries - 260
Medical - 50(into fund for emergencies)
Transportation- 95
Entertainment - 60
Phone - 25
Insurance - 100
Misc - 60
Tax - 30
Pension - 125
Savings/stuff happens - 350
$1,865 usd
is this for one person?
@@mogdaboi No, it's for two.
Really appreciate that you use the word 'inexpensive' rather than 'cheap'; a little thing, but I'm grateful that you know the difference. Liked and subscribed :)
Tacha is stunning. Wow.
Tip: When you're at the supermarket pan the camera across the prices. Even if its too fast to read normally people who are interested can play it back in slow motion. See a bunch of food costs $40 doesn't tell us anything. We know its cheap. But what is really interesting is a direct comparison with what we normally buy. Also try to mention organic foods as that is something many people crave. How much more are they? How is the quality compared to the normal stuff? And start the video with the current exchange rate to Euro and USD. That should cover just about everyone.
It's even better now with the dollar going up. I love my life here in Medellin Colombia. You guys are great! Thank you for the content!
i died at the "because we're swiss"
fellow swiss guy here, thinking of retiring to medellin too, love your videos guys! Thanks so much for all the info and keep doing a great job :D
Thanks 😁
Liked your video. Too many TH-camrs out there doing cost of living videos ignoring stuff like medical insurance, rainy day fund and pension.
Thank you Sam and Tosha, what a great show today, I loved it. You both are excellent and how you present everything. I’ve been to Medellin a few times and I thought about moving there, I’m at retirement age..
God bless you both.
Thanks a lot!
great video!! I went to Bogota last year and I am convinced I will retire somewhere in Colombia ;)
Thanks! Let us know if we can help with anything :)
Me too
Very informative video. I love Medellin. I hope to retire there in a few years
This is a great video!! I like the way you broke everything down in simple terms. Very informative! Thank you!!!
Thanks a lot!
Great information
Mustang Even better. Just subtract a little bit more if it makes you feel better.
Wow! That is an awesome budget! I'm right around the $800 mark here in Croatia!
Just found your channel. Great stuff! 👍
Great video, very informative! Can you please explain the "pension" payment you make?
Thank you for all the useful and important information ! Sounds like both of you are good people helping people, Stay Blessed !
Thanks a lot!
Living in Colombia is great, via internet. On the real Its another deal. When you run into an issue there good luck with laws that protect consumers.
I just downloaded your e-book How To Expat : All Countries Guide; it's a great resource. In the Colombia Report, I love 'If Colombia Was A Person' with your analogy Gerard Butler... now I CAN BARELY WAIT to get there! 😂 I'm planning to book a day with you folks after I confirm my Medellin weeks; see you in April!!
Haha glad you liked it. Sure send us an email once you have your flight dates👍
Good job. If I come to Colombia, I will use your service.
Hey Paul. We would be happy to help you decide and settle down :D
Something is truly special about Tacha.
She's half black
@@tarrisbrown2094 lmao
SuperFromatoz I think it has to do with our culture; there’s no ghettos or poor people in Switzerland; look it up
I think Sam is much more special, and not just his cute squirrel face
@Caesar Guzman you don't have to be disrespectful when referring to other people fucking punk
I lived in VZLA for a couple years when I was younger. I always wanted to visit Colombia though! I think I'll be able to go someday
I live in colombia right now and all of my expenses are $325.00 a month, I'm staying in San Martin-Meta a very nice small town in the llanos, south east of Bogota
You guys are great. Very good information in the video. Thanks.
Awesome video Sam and Tasha! Cannot wait to view more of them. About four more years until my retirement. Thanks again for the information.
Thanks William for the nice comment. I would recommend to check this site out. www.how-to-expat.com/colombia-relocation-guide/. We listed the most important videos there.
Great video. The production is great and the information is detailed. We really enjoy watching and learning. Keep them going.
Nice summary, thanks! I'm sure you could cut it down a bit if you really wanted.
You did forget to include alcohol in your budget!! 😂From what I remember a bottle of rum can be around $5-$10 for cheaper brands.
I would spend less eating out and more going out so it would work out fine
I'm raw vegan and Mellin is a paradise for me....
I'm moving to Medellin 🇨🇴😎
What a great decision!
Hit us up in case we can help you with anything!
Edwin Aguilera Me too. One day. I will buy a place first before I live there full time.
@@HowToExpat I'm from Trinidad and my intention is to move to Medellin one day with my family but our budget would be about 1250usd you think that would work?
@@blazerdan69 Thanks for your comment Damian. First, it is important to figure out if you can get a visa and what type of visa you are able to get. Second, you mentioned family, coming with kids can be expensive especially if you want to put them into an international school. I have to be honest with you, all of our clients spend more than that. 1250USD is not a lot and depending on the lifestyle you're looking for maybe not enough.
I would suggest visiting Medellin first in order to figure out if it is a fit for you and then looking into all the things like visa, rent, taxes etc. before actually considering moving.
I hope it helps,
Tacha
@@HowToExpat thank you so much
Wow! Great video, you guys always show us really practical and vids that are so helpful. Thank you so much for what you guys do.
Thanks for the great comment Terry :D
One of the best videos of its kind.
The red hair looks AMAZING on you
Really detailed info! Thanks for the video! 😊
Thanks Martha, that means a lot to us!
Best cost of living explanation I have see ! Very nice and thorough job! Can you clarify (probably have in other videos) what neighborhood you live in and how large the apartment is? How much more would utilities run in a different strata
Buying fruits and veggies at the supermarket is to give money away compared to buy the same products from street vendors. When I was living in Laureles there was a truck coming from outside the city to our area every Sunday, smack full with fruits and veggies. I bought my whole weekly supply there, which was two or three grocery bags full and I never paid more than around 5 Euro. If you are staying in Medellin visit the minorista or mayorista for good shopping.
Really solid video. Content as far as practical information is superb. thank you thank you
Thanks a lot!
A single person with 500 dollars can live in Medellin .. it's a matter of searching .. there are many options and good places
To live ok, but if you wann spare some money, I think it will be a problem. What is aproximately average there ? 🙂
@@MB-jr8de let's say that with 800-1000 dollars you can have a comfortable life, in a good area and it will be enough to save a little... with 500 dollars living alone I saved and enjoyed Medellin, but after Covid everything is more expensive, but it is still a country cheap if we compare others in Latin America like Brazil, México, argentina, Chile etc
@@DABELUK thats great. I come from Europe, so i didn't really know how is life standard there. And how about industry, opportunities, job etc ?
@@MB-jr8dewhat is your work area?
@@DABELUK I dont ask for myself, just I am inetersted to know. I live in Germany, on the border with Belgien and Niederlande
I lived in colombia,from November 14,1975,till September 19,1992,when my
mother brought me here to the usa,I
was a 16year old kid.for a person to live a decent life in colombia,has to has a very good income.
Thank you for the basic information which is very useful. You two are sweet.
This video is so well made! Good job and thank you the good info 👍🏼.
Thanks!
Wow guys I’m so moving to Colombia wow everything is so cheap!!! Thank you for this useful information!!!
If you need any more info you can also check our website: www.how-to-expat.com/
In general, the cost of living there is about the same in Panama depending on where you live. The rent you are paying is probably better than what you will find in Panama City but equivalent outside the city. The cost of eating out is definitely better. That same meal you had would cost around $4.50. Fruits and vegetables are cheaper if you stick to local stuff and especially if you go to the farmers market. As far as business taxes goes, you will not pay any if it is income generated from outside the country. Income generated within the country I'm not sure about.
Hey JR thanks a lot for your detailed comment, I'm sure it will help many who read it.
i am an accountant and well i know something! only you have to pay taxes when u have (writings) of an house! a car! a motocycle! each year! but is cheaper when you have a business from (inside) and this produces incomes for 37434 dollar in the year! or when u have a job and u earn like 1100 dollars a month! but from outside only u have taxes from shipping or when u use credit or debit card but it is automatically charge
Panama cost way more money to be living decent with 1000usd you cannot make it, the food is 50%more and housing too, medellin is like 50%cheaper than panama and the dollar helps a.lot against pesos , you can be a god with that, panama is not a place to retire many american have try but is the city number 6 of latin america that is more expensive medellin is one of the cheapest
I m very excited I'm going this month I cant wait to test delicious food I went to Costa Rica they dont hace really a good food Ben's and rice gallo pinto ...to different than others places that I been.
Thank you two very much. I've been here a week and wish I saw your channel earlier. I will contact you for sure this week. Great that you put your retirement and emergency savings into the budget for us to see. I actually put retirement and investment at the top of my budget and live on the rest. Richest Man In Babylon Philosophy.
Thanks for the comment. We are looking forward to hear from you.
Hey just saw the video with Carlton...super glade to know you both are connected. I plan on being in Medellin in Dec until Jan 3rd. Will be our third time there!
Thanks for the comment. Yes was great working with him😁. If we can help you with anything for your trip in December let us know 😁
Very informative, comprehensive and interesting.
Going to Santa Marta at the end of November for 10 days. Plan on moving there next January
You guys have good English. It's not perfect, the grammar is a little bit off, but 9/10. 👌 Very understandable, your pronunciation is really good. Honestly the only real indicator that you aren't native English speakers is the grammar, but I'm pick with English grammar. Overall you guys have great English. 👌 How are you guys with Spanish?
Thanks a lot!
Our Spanish is pretty fluent by now. English is surely better, but we'll get there sooner or later :-)
They are Europeans. All Europeans speak English. Even the French even if they won't admit it.
Great video. Keep them coming. If I was moving there I’d definitely use your company.
it is informative and keep up the good job. Thank you
I loved those dancers, I saw them in a tour of Comuna 13,
Beautiful couple and great information. 🌸
I love your channel, I will be moving there within 9 months. Thanhs so much for sharing.
*I love Colombia is a beautiful country.*
Very well done and informative! Thank you!
Hi, soy de Barranquilla Colombia, pero vivo en New Jersey, quiero regresar a mi pais y vivir en Medellin, dicen que el clima es hermoso ETERNA primavera, Barranquilla es muy caliente, New Jersey muy frio, medellind perfecto. Gracias por la informacion.
Hola Yeiz,
Si es la verdad el clima en Medellín es perfecta, al menos para nosotros, nunca hace frio de verdad pero tampoco es caliente como en la costa caribe.
¡Seguramente te va a gustar el clima de Medellín!
Great info..well done...prices are like living in Chiang mai.
Well done video, thank you for sharing. As we consider a short-term relocation, the things you pointed out will serve as a baseline point of reference.
Africans moving to Medellin???
@@mariabaier3080 what makes you think he's african? Ignorant bitch
Excellent information, thanks 😎👍
Thanks :D
Hi, I like your channel!
I am French and I'm planning to move to Colombia. And I hread a lot of things about the culture And I know that in Colombia they only speak Spanish I know it will be harder
So how long French can stay in Colombia?
this is very well explained video thank you guys!!
Cant wait to visit Colombia
Great great video guys thank you I'll touch!!!
*yes, i like COLOMBIA.*
Love this video and how good you two explain ..thank you...
good vid guys! i plan to retire on columbia soon
No pues, no puedo decir saludos desde Medellín por que soy de Medellín xD pero saludos aún así, desde la colonia alemana de Medellín.
Great video guys!
Shout out to Tasha from Switzerland.
Shout out to Sam from Argentina.
Shout out to Donald from Merica
Yeah.. And I m from the moon.
@@69gvfb LoL
Excellent video as always 👍
Sooo true - looking at apartment websites for Medellin...not seeing the amazing great prices. So must be a better way!
Great video! Thank you for the information.
you guys should save all the seeds from peppers etc and grow some in your porch. you can save money that way too thats what im doing
Thank you so much, ya’ll are the best
Omg, very helpful video. Thanks!
Great video, thanks for all the info!!
Great video and glad to see your enjoying my home town
We love it :D
Excellent video, excellent information. I am considering retiting in Colombia, possibly Medellin... most certainly will need your assistance if I decide so. Thanks
Thanks for the comment. We would love to help you once you're ready :D
How much to rent out a small simple apartment? The 2 dollar was the best deal i saw. I think 1 person could live out there with 400 bucks. And travel.
Incredible Summary. Why don't you guys but a property there? Have you already got one? Wouldn't it be cheaper?
Thank you for the video, very useful!
Thank you Maria, we're glad you like it!
good video.. quite realistic cost analysis
Great Vlog! Thank you!
Thank you for this video guys 👍👍👍
This video so helpful, thanks!
Hey Sam & Tacha, I recently came across your TH-cam channel by chance bc I am interested in visiting/living in Colombia and people seem to all say to me that Medellin is the destination! I guess it is no surprise your channel popped up in the search! I have found time right now due to COVID to view and became hooked on your channel! Your videos are so informative and easy to understand! I ring the bell, subscribe and like so many videos!
I am eagerly hoping to ex-pat to Colombia by means of teaching English when international travel is permitted there again (hopefully sep 1 crossing my fingers it doesn't get re-extended) and acquire a working visa through the company who hires me to teach. I understand that it might be hard for me to end up Medellin right away, but I certainly plan to check it out as soon as I am able to when I get there. I took your total of $2165 and applied the less 30% as a single guy and come up with $1515 all in. Thats $40 over just what I pay in the US just on my monthly RENT ALONE for a 1 bedroom in Wash DC!!
I was intrigued about the monthly pension contribution you added into your monthly expenses here. I wasn't expecting to see that. I was hoping you could elaborate on it and clarify what it is exactly. Are you paying into a public Colombian pension system, as if you are a permanent resident working there? I would love to learn more about this as a person who might live/work there for a long time in the near future.
Looking forward to your reply. Thanks and wishing you both continue to stay safe during these times. Keep the vids coming and I will continue to watch em!!
Nice work guys 👌🏾 send more video dear ...
Love it! I heard your voices and I was like... hmm sounds kina germanic maybe even Swiss.. And then you drop the flag and here we go! haha
Gruess us de ostschwiiz ;P
Of course 95$, not 100$ :D
Gruess zrugg us Medellin. :D
Gringo prices do exist here in Medellin. Been through it.
They exist in a lot of countries lol
Great content - thank you
Is less expensive if you bring euros or dollars for money exchange. Be aware if the dollar tanks you won't be able to afford it. $8 thousand pesos for lunch is very expensive for the locals if your earnings are in colombian pesos. A Mc Donald's meal is about $ 25 thousand pesos and up which is super expensive in pesos. This video is very miss informative since everything is based in dollars, remember you are not living in the U.S you should actually mention everything in pesos and realize how expensive it is . The way you guys make it sound everyone is rich in Colombia since everything is so cheap. Not everything that shines is gold.
Why does the picture say $600 when you are spending 4x that?
I saw your video about Traveling to Medellin. Do you have a way I can ask you two some more detailed questions? Mainly about moving there and possibly working? I plan on going with plenty of money. But if I stay; nothing lasts forever obviously.. Thanks, Dan
$420 bucks a month WTF?? that is cheap!!!
Haha we already got it cheaper 😁th-cam.com/video/bzqkYQHVtwI/w-d-xo.html
I’m from jersey everything expensive
@Straight out of Syria it is expensive for locals
@@anthonyhumphrey2540 I'm from the United Kingdom and by is it expensive to live here.
That is very expensive in Colombian terms!
An average Colombian cannot afford that
Do you guys still live in Medellin? Nice video by the way
Thanks! Yes, we do.
I thought Colombia was supposed to be super inexpensive. Over 2K per month is many places in the USA as well.
Excellent video! Lots of blessings for you both. I would like to ask you a question. I am planning to visit Medellin for a month with my girlfriend in 2022. I work on line; is it easy to get a fast internet plan only for a month for tourists?
GREAT Video!!!
Thanks!
Good work 👏.