Data last updated: August 2026

London, United KingdomMedellin, Colombia

You would need around 75.1% less money in Medellin, Colombia to maintain the same standard of living you have in London, United Kingdom.

Overall Cost of Living

75.1%

Medellin, Colombia is cheaper than London, United Kingdom

1-Bed Rent (City Center)

City A3,022 USD
City B830 USD
Difference-72.5%

Groceries (Monthly)

City A356 USD
City B78 USD
Difference-78.1%

Average Net Salary

City A4,658 USD
City B550 USD
Difference-88.2%

Editorial Insight: Planning a move from London, United Kingdom to Medellin, Colombia? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Medellin, Colombia is 75.1% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Medellin, Colombia's center costs around 830 USD, which is a staggering 72.5% less than in London, United Kingdom. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for London, United Kingdom and Medellin, Colombia is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Medellin, Colombia to maintain your current lifestyle in London, United Kingdom.

USD

You need in Medellin, Colombia

1,160 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from London, United Kingdom to Medellin, Colombia and investing the 75% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your London, United Kingdom budget to local Medellin, Colombia prices. We automatically adjust housing, groceries, and leisure categories.

Housing830 USD
Groceries78 USD
Utilities & Internet29 USD

Investment Planner

You save 2192 USD every month on rent alone by moving to Medellin, Colombia.

Investing this rent difference in an S&P 500 index fund could grow to ~368,256 USD in 10 years.