As the digital nomad lifestyle continues to gain popularity, more and more individuals are opting to work remotely and travel the world at the same time. One of the key considerations for digital nomads when choosing their next destination is the cost of living. Medellin, Colombia has become a popular destination for digital nomads due to its affordability, excellent quality of life, and vibrant culture. Let’s take a closer look at the cost of living in Medellin for digital nomads in early 2020.
Accommodation:
One of the biggest expenses for digital nomads is accommodation. In Medellin, there are plenty of options to choose from, ranging from budget-friendly hostels to luxurious apartments. The average cost of renting a one-bedroom apartment in a central area is around $500 to $700 per month. For those on a tighter budget, shared accommodations and co-living spaces are also available at even more affordable rates.
Food and Dining:
Medellin offers a wide variety of dining options, from street food stalls to upscale restaurants. The cost of food is relatively low, especially if you opt for local eateries and cook at home. A meal at an inexpensive restaurant can cost as little as $3 to $5, while a three-course meal at a mid-range restaurant can cost around $15 to $20. Groceries are also affordable, with a week’s worth of basic food items costing around $30 to $40.
Transportation:
Medellin has a well-developed public transport system, including buses, metro, and cable cars, which makes getting around the city easy and affordable. A one-way ticket on public transport costs less than $1, while monthly transportation passes are available at around $40. If you prefer to use ride-sharing services, a typical 15-minute ride within the city will cost around $3 to $5.
Co-Working Spaces:
For digital nomads in need of a productive work environment, Medellin offers a range of co-working spaces with modern facilities and high-speed internet. A monthly membership at a co-working space costs approximately $100 to $150, making it a cost-effective solution for those looking to work in a professional setting.
Entertainment and Leisure:
Medellin is known for its vibrant cultural scene and a wide array of entertainment options. From museums and art galleries to outdoor activities and nightlife, there’s something for everyone. The cost of entertainment varies, but a movie ticket typically costs around $4 to $6, while a fitness club membership can be obtained for $25 to $40 per month.
Overall, the cost of living in Medellin makes it an attractive destination for digital nomads. With affordable accommodation, food, transportation, and leisure activities, coupled with a pleasant climate and a welcoming local community, Medellin offers an excellent quality of life at a reasonable price. For digital nomads looking for an affordable yet dynamic destination, Medellin, Colombia is definitely worth considering in early 2020.
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