HomePricePeek

Cartagena vs Medellin

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Cartagena vs Medellin

Medellin is 11% more affordable for homebuyers. Cartagena has a price-to-income ratio of 8.5x compared to 7.2x in Medellin.

MetricCartagenaMedellin
Avg Home Price$95,000$85,000
Price / sqm$1,800$1,500
Rent (1BR)$450/mo$400/mo
Rent (3BR)$800/mo$700/mo
Price-to-Income8.5x7.2x
Mortgage Rate12.5%12.5%
1yr Change+5.5%+3.8%
Median Income$11,000/yr$12,000/yr
Population1,000,0002,500,000
CartagenaView 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 Cartagena or Medellin more expensive?
Medellin is more affordable. Home prices differ by $10,000 (11%).
Which city has cheaper rent, Cartagena or Medellin?
Rent for a 1BR in Cartagena is $450/mo vs $400/mo in Medellin.

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