The average salary in Colombia is about 4,690,000 COP (Colombian Peso) per month. As per the latest exchange rate in August 2021, this roughly amounts to USD 1,200. Thats significantly less than the highest average salary figures in most other countries.

What is the average salary in Colombia in US dollars?

List of American countries by monthly average wageStateLocal CurrencyNet (USD)ColombiaCOP$441ArgentinaARS$554CanadaCAD$2,500PeruPEN$50349 more rows

What is considered a high salary in Colombia?

A person working in Colombia will earn an average salary of around $326 per month. The salaries range from $217, which is the minimum to $7106 as the maximum salary per month. These salaries are inclusive of transport, housing, and other benefits.

What is a good salary in Medellin Colombia?

The average salary for jobs in Medellin, Colombia is $ 28.718. 726 (COP) per year or an hourly rate of $ 13.807 (COP). The above data is a sample of data available in ERIs Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries.

How much do you need to live in Medellin?

Below is a sample monthly budget for a couple living in Medellín:ExpenseU.S. DollarRent (three-bedroom/two bath apartment,-unfurnished)$400 to $1,000Electricity$40Water & sewer$24Gas$109 more rows

Is it expensive to live in Colombia?

Youll Enjoy a Low Cost of Living in Colombia One of the main benefits of living in Colombia is the low cost of living. And whats more, its a low cost of living in a country that offers many of the first-world amenities and infrastructure that youd expect in a much more expensive location.