Data last updated: August 2026

Plano, TXMedellin, Colombia

You would need around 53.4% less money in Medellin, Colombia to maintain the same standard of living you have in Plano, TX.

Overall Cost of Living

53.4%

Medellin, Colombia is cheaper than Plano, TX

1-Bed Rent (City Center)

City A1,452 USD
City B830 USD
Difference-42.8%

Groceries (Monthly)

City A296 USD
City B78 USD
Difference-73.6%

Average Net Salary

City A5,657 USD
City B550 USD
Difference-90.3%

Editorial Insight: Planning a move from Plano, TX 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 53.4% 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 42.8% less than in Plano, TX. 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 Plano, TX 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 Plano, TX.

USD

You need in Medellin, Colombia

2,637 USD

Geo-Arbitrage FIRE

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

By moving from Plano, TX to Medellin, Colombia and investing the 53% cost of living difference, you could reach FIRE 8.0 years earlier.

Budget Simulator

Instantly adapt your Plano, TX 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 622 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 ~104,496 USD in 10 years.