Comparing Buenos Aires, Argentina and Medellin, Colombia: a moderate single-person monthly budget is approximately $1,240 in Buenos Aires versus $1,040 in Medellin. Medellin is roughly 16% cheaper overall. Central 1-bed rent: $752/mo (Buenos Aires) vs $617/mo (Medellin). The totals use the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Key facts
▸Moderate budget: $1,240/mo in Buenos Airessingle person — city-centre rent + modeled non-housing categories.
▸Moderate budget: $1,040/mo in Medellinsingle person — like-for-like city-centre basket.
▸Central 1-bed rent$752/mo in Buenos Aires · $617/mo in Medellin.
▸Cheaper overall: Medellin~16% cheaper than Buenos Aires.
▸SourceWorld Bank ICP + national statistics + item-level price snapshots · CC BY 4.0.
Monthly Budget Comparison
Lifestyle
🇦🇷 Buenos Aires
🇨🇴 Medellin
Difference
Budget
$850/mo
$750/mo
-12%
Moderate
$1,240/mo
$1,040/mo
-16%
Comfortable
$1,850/mo
$1,550/mo
-16%
The Moderate row equals the category table below: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending. Budget and Comfortable scale that same basket.
Cost Breakdown by Category
Category
🇦🇷 Buenos Aires
🇨🇴 Medellin
Diff
Housing (1-bed, center)
$752/mo
$617/mo
-18%
Groceries & Food
$150/mo
$130/mo
-13%
Dining Out
$75/mo
$65/mo
-13%
Transport
$75/mo
$65/mo
-13%
Utilities & Internet
$75/mo
$65/mo
-13%
Healthcare
$60/mo
$52/mo
-13%
Leisure & Personal
$53/mo
$46/mo
-13%
Category sum = Moderate budget. Basis: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Housing (1-bed, center)
Buenos Aires
$752
Medellin
$617
Groceries & Food
Buenos Aires
$150
Medellin
$130
Dining Out
Buenos Aires
$75
Medellin
$65
Transport
Buenos Aires
$75
Medellin
$65
Utilities & Internet
Buenos Aires
$75
Medellin
$65
Healthcare
Buenos Aires
$60
Medellin
$52
Leisure & Personal
Buenos Aires
$53
Medellin
$46
Detailed Price Comparison
Sources: INDEC (Argentina), World Bank / DANE (Colombia), World Bank. Updated Jan 2026.
Medellin is approximately 16% cheaper than Buenos Aires overall.
How much does it cost to live in Buenos Aires per month?
A moderate monthly budget for a single person in Buenos Aires is approximately $1,240 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
How much does it cost to live in Medellin per month?
A moderate monthly budget for a single person in Medellin is approximately $1,040 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
What is the rent difference between Buenos Aires and Medellin?
A 1-bedroom apartment in the city center costs around $752/month in Buenos Aires and $617/month in Medellin.