City Budget Comparison
Can You Live on $3,000/month?
London vs Medellín — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
London
Tight Budget
COL+Rent: 72.9 (NYC=100)
$3,000/mo barely covers basics in London.
Medellín
Comfortable
COL+Rent: 19.1 (NYC=100)
$3,000/mo comfortably covers expenses in Medellín.
Budget Breakdown
| Category | London | Medellín | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $1,812 | $1,233 | +$579 |
| Groceries | $343 | $890 | $547 |
| Dining Out | $273 | $377 | $104 |
| Transportation | $92 | $121 | $29 |
| Utilities | $209 | $193 | +$16 |
| Other / Misc | $271 | $186 | +$85 |
| Total | $3,000 | $3,000 | — |
Purchasing Power
London
$3,000
per month
Medellín equivalent
$786
per month
Only $786/mo in Medellín matches $3,000/mo in London — better value.
Other Budget Levels
FAQ
Can I live in London on $3,000/month?
Living in London on $3,000/mo is rated "Tight Budget". Budget allocates ~$1,812 to rent, $343 to groceries, $273 to dining.
Can I live in Medellín on $3,000/month?
In Medellín, $3,000/mo is rated "Comfortable". Allocations: $1,233 rent, $890 groceries, $377 dining.
Is London or Medellín cheaper?
Medellín is generally cheaper. COL+Rent: London 72.9 vs Medellín 19.1 (NYC=100).
What is $3,000/mo in London worth in Medellín?
$3,000/mo of purchasing power in London equals ~$786/mo in Medellín using COL adjustment.