Data last updated: August 2026

Tampa, FLMedellin, Colombia

You would need around 67.1% less money in Medellin, Colombia to maintain the same standard of living you have in Tampa, FL.

Overall Cost of Living

67.1%

Medellin, Colombia is cheaper than Tampa, FL

1-Bed Rent (City Center)

City A2,296 USD
City B830 USD
Difference-63.9%

Groceries (Monthly)

City A263 USD
City B78 USD
Difference-70.3%

Average Net Salary

City A4,431 USD
City B550 USD
Difference-87.6%

Editorial Insight: Planning a move from Tampa, FL 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 67.1% 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 63.9% less than in Tampa, FL. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

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Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Tampa, FL 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 Tampa, FL.

USD

You need in Medellin, Colombia

1,458 USD

Geo-Arbitrage FIRE

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

By moving from Tampa, FL to Medellin, Colombia and investing the 67% cost of living difference, you could reach FIRE 10.0 years earlier.

Budget Simulator

Instantly adapt your Tampa, FL 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 1466 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 ~246,288 USD in 10 years.