Location Factors

Medellin

The location factor for Medellin (Colombia) is 0.52, based on local living costs.

This means a $87,587,638 (Colombian Peso) per year salary would roughly be compareable to €60,000 in Berlin (Germany).
If you would have to pay full taxes in Germany, this amount would rise to $95,490,282 (Colombian Peso).

You can also start a calculation based on Medellin.

Name Medellin
🇨🇴
Colombia
Chosen Factor 0.52 0.56* 0.56 0.61*
Market Rates unavailable 0.32 0.35*
Consumer Price Index 0.52 0.56* 0.51 0.56*
Rent Index* 0.37 0.41* 0.48 0.52*
Consumer Price Plus Rent Index 0.48 0.52* 0.50 0.55*
Groceries Index 0.49 0.53* 0.56 0.61*
Restaurant Price Index* 0.48 0.52* 0.41 0.45*
Local Purchasing Power Index* 0.39 0.42* 0.32 0.35*
Buffer Location Bracket* D D
Currency Colombian Peso (COP)
Income Tax* 0% to 33%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on Glassdoor. Living costs based on Numbeo.

Other locations in Colombia

City Factor Based On
Bogota 0.60 0.65* Living Costs
Cali 0.53 0.58* Living Costs
create calculation* If taxes paid in Germany instead.