Cost pair · Numbeo 2026 · real USD

Miami, FL vs Medellin: Cost of Living Compared

Medellin is ~70% cheaper for a single person including rent: $986/month vs $3,294 in Miami, FL (Numbeo 2026, ±15% band).

Miami, FL — monthly total
$3,294
single, incl. 1-bed rent outside centre
Medellin — monthly total
$986
single, incl. 1-bed rent outside centre
The gap
$2,308
every month — 70% in Medellin's favour

Miami, FL vs Medellin: the numbers

Metric Miami, FL Medellin
Cost index (NYC=100)79.534.4
Single, excl. rent$1,320$571
1-bed outside centre$1,974$415
1-bed city centre$2,908$611
Monthly total (single)$3,294$986
Family of 4, excl. rent$4,899$2,120
Groceries index80.334.2
Restaurants index99.130.2
Purchasing power index105.539.4

The single biggest line item is rent: a one-bed outside the centre costs $1,974 in Miami, FL vs $415 in Medellin — a $1,559/month gap on housing alone. Day-to-day prices follow the same direction: groceries index 80.3 vs 34.2, restaurants 99.1 vs 30.2 (NYC = 100).

The caveat is the last row. Miami, FL's local purchasing power index is 105.5 vs 39.4 in Medellin — if you keep a foreign income (remote work, retirement, savings), the 70% discount is real; if you plan to earn a local salary, weigh what local wages buy, not just what things cost.

Frequently asked questions

Is Medellin cheaper than Miami, FL?
Medellin is about 70% cheaper. A single person including one-bed rent outside the centre runs $986/month in Medellin vs $3,294 in Miami, FL (Numbeo 2026, ±15%).
What salary do I need in Medellin to keep a $3,000 Miami, FL lifestyle?
Roughly $898/month. Equivalent spend scales with the monthly totals: $3,000 × ($986 ÷ $3,294) = $898.
What does the monthly total include?
Numbeo's single-person monthly costs excluding rent (Miami, FL $1,320, Medellin $571) plus the median one-bedroom rent outside the city centre ($1,974 vs $415).

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About the data: GeoRank is built by a small team that thinks moving abroad shouldn't be guesswork. Every figure on this page is computed from the same public dataset that powers the interactive tools (cities-tools.json, CC-BY-4.0), with accuracy bands stated instead of false precision. See the methodology for source-by-source detail.

Sources: Numbeo 2026 (12,743 cities, 9.8M prices) · OECD Purchasing Power Parities 2026 · GeoRank cities-tools dataset (CC-BY-4.0). Methodology and accuracy bounds at methodology.