💰 Monthly Budget for a Perfect Retirement: Living Comfortably in Medellín

Oct 13, 2025 | MANA, Medellín | 0 comments

Medellín, the City of Eternal Spring, has become one of the best destinations in the world for retirement. Its climate, high quality of life, and accessible cost of living make it irresistible.

At MANA Apartments, we know one of the first questions when considering a move is: How much does it cost to live here?

We’ve prepared an estimated monthly budget for a retired couple looking to enjoy a comfortable, safe, and well-located lifestyle in one of the city’s best areas (Laureles, Envigado, or El Poblado), without excessive luxury, but fully embracing all that Medellín offers.

Estimated Monthly Budget for Two People (Comfortable Lifestyle)

 

Category

Amount (USD)

Details

🏠 Rent (Housing)

$700

Furnished 2BR apartment in a desirable area (Laureles, Envigado, or El Poblado).

💡 Utilities

$90

Electricity, water, gas, and fast internet service.

🍽️ Groceries & Dining

$500

High-quality supermarket trips, plus eating out several times per week.

🚇 Transportation

$80

Usage of Metro, taxis, and ride-sharing apps (Uber/Didi).

🏥 Health

$200

Local private health insurance for both or covering co-pays and essential medication.

🎉 Entertainment

$200

Dining out, movies, cultural events, and general leisure.

🧘‍♂️ Extras & Hobbies

$150

Gym membership, language classes, short weekend trips.

📱 Mobile Phone

$40

Prepaid data and minute plans for both individuals.

🛍️ Miscellaneous

$100

Personal items, clothing, shopping, and a contingency fund for unforeseen expenses.

💰 ESTIMATED MONTHLY TOTAL

$2,060 USD

A robust budget ensuring a fulfilling and worry-free life.

 

Where to Live? Recommended Areas by MANA Apartments

 

Choosing the right location is key to determining your cost and quality of life. Our luxury apartments are located in the best areas that perfectly align with this retirement budget.

 

Area

Resident Profile and Vibe

El Poblado

Exclusivity and Convenience. Modern, vibrant, and exclusive area with the largest concentration of gourmet restaurants, luxury malls, and services. Ideal for those seeking high-end urban living.

Laureles

Authenticity and Tranquility. Quiet residential area with tree-lined streets, local cafes, and a community atmosphere. Very popular among expats for its balance of comfort and local charm.

Envigado

Family Feel and Accessibility. A municipality right next to Medellín, offering a more family-friendly atmosphere, excellent infrastructure, and often slightly better rental prices than El Poblado. Perfect for couples seeking peace.

Sabaneta

A growing, highly residential area, great for those who want a more relaxed life and a slightly lower cost base.

Belén

A traditional and affordable sector with a strong sense of local community and good transport links.

    MANA Apartments

    We are a Colombian company dedicated to providing our clients with the best experience in the long-term rental of furnished apartments in Medellín, Colombia.

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