Medellín, Colombia — the “City of Eternal Spring” — has been ranked the world’s most affordable city to live in by locals.
Lifestyle
M
Moneycontrol18-12-2025, 12:38

Medellín, Colombia: World's Most Affordable City to Live In, Say Locals

  • Medellín, Colombia, ranked as the world's most affordable city to live in by its residents, according to Time Out's annual global city survey.
  • The city offers affordable dining, entertainment, culture, and nightlife, standing out amidst rising global living costs.
  • Known as the "City of Eternal Spring," Medellín boasts mild weather, vibrant outdoor culture, and a lively social scene without high price tags.
  • Monthly cost of living for a single person (excluding rent) is 2,257,319.9 Colombian pesos (approx. Rs 53,095 as of Dec 15, 2025).
  • Offers flexible visa options (Tourist, M visa, Digital Nomad visa) making it attractive for remote workers and long-stay travelers.

Why It Matters: Medellín offers an unparalleled blend of affordability, quality of life, and vibrant culture.

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