HomePricePeek

Cologne vs Medellin

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Cologne vs Medellin

Medellin is 73% more affordable for homebuyers. Cologne has a price-to-income ratio of 7.2x compared to 7.2x in Medellin.

MetricCologneMedellin
Avg Home Price$320,000$85,000
Price / sqm$4,800$1,500
Rent (1BR)$1,000/mo$400/mo
Rent (3BR)$1,600/mo$700/mo
Price-to-Income7.2x7.2x
Mortgage Rate3.5%12.5%
1yr Change-3.5%+3.8%
Median Income$44,000/yr$12,000/yr
Population1,100,0002,500,000
CologneView full details โ†’MedellinView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Cologne or Medellin more expensive?
Medellin is more affordable. Home prices differ by $235,000 (73%).
Which city has cheaper rent, Cologne or Medellin?
Rent for a 1BR in Cologne is $1,000/mo vs $400/mo in Medellin.

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