Cost of Living Comparison Between Drangsnes and Medellin Cost of Living Comparison Between Drangsnes and Medellin

😐 Solo nomad: Drangsnes is 198.8% more expensive than Medellin without rent, and 55.7% more expensive with rent.

😐 Family of 3: Drangsnes is 153.8% more expensive than Medellin without rent, and 88.5% more expensive with rent.

Meal at Budget Restaurant

$27.44 ISK 3,434

$6.03 COP 22.7K

355.06%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.8K

$33.17 COP 124.7K

328.37%

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,854

$7.29 COP 27.4K

212.89%

Cappuccino

$6.01 ISK 752

$1.63 COP 6,128

268.71%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.26 ISK 408

$1.05 COP 3,944

210.48%

Water (0.33 liter bottle)

$2.56 ISK 320

$0.77 COP 2,896

232.47%

Local Beer (0.5 liter draught)

$12.62 ISK 1,580

$1.73 COP 6,505

629.48%

Imported Beer (0.33 liter bottle)

$11.04 ISK 1,381

$3.18 COP 12.0K

247.17%

Milk (1 liter)

$1.92 ISK 240

$1.07 COP 4,012

79.44%

White Bread (500g)

$4.31 ISK 540

$1.31 COP 4,931

229.01%

Rice (white) (1kg)

$3.70 ISK 464

$1.38 COP 5,191

168.12%

Eggs

$6.23 ISK 780

$2.25 COP 8,450

176.89%

Local Cheese (1kg)

$18.39 ISK 2,301

$4.48 COP 16.9K

310.49%

Chicken Fillets (1kg)

$24.00 ISK 3,003

$5.74 COP 21.6K

318.12%

Beef Round Steak (1kg)

$41.82 ISK 5,233

$8.86 COP 33.3K

372.01%

Apples (1kg)

$3.23 ISK 405

$2.24 COP 8,431

44.20%

Banana (1kg)

$2.54 ISK 318

$1.06 COP 3,985

139.62%

Oranges (1kg)

$3.02 ISK 377

$1.51 COP 5,693

100.00%

Tomato (1kg)

$4.93 ISK 617

$1.36 COP 5,115

262.50%

Potato (1kg)

$3.57 ISK 447

$1.12 COP 4,215

218.75%

Onion (1kg)

$2.39 ISK 299

$1.17 COP 4,397

104.27%

Lettuce (1 head)

$3.16 ISK 396

$0.90 COP 3,392

251.11%

Water (1.5 liter bottle)

$1.91 ISK 239

$0.84 COP 3,147

127.38%

Cigarettes 20 Pack (Marlboro, Camel)

$13.75 ISK 1,721

$2.26 COP 8,494

508.41%

Wine (Bottle)

$24.27 ISK 3,037

$9.97 COP 37.5K

143.43%

Local Beer (0.5 liter bottle)

$3.56 ISK 446

$1.18 COP 4,448

201.69%

Imported Beer (0.33 liter bottle)

$3.23 ISK 404

$2.39 COP 8,986

35.15%

One-way Ticket (Public Transport)

$0.86 COP 3,230

Public Transport Monthly Pass (Regular Price)

$41.45 COP 155.9K

Taxi Start (Normal Tariff)

$6.39 ISK 800

$1.47 COP 5,517

334.69%

Taxi (Normal Tariff) (1km)

$2.54 ISK 318

$1.95 COP 7,317

30.26%

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.9K

$7.76 COP 29.2K

1020.36%

Gasoline (1 liter)

$2.48 ISK 311

$0.97 COP 3,637

155.67%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$47.6K ISK 6.0M

$17.9K COP 67.5M

165.27%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$52.6K ISK 6.6M

$26.7K COP 100.5M

96.71%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$87.2 ISK 10.9K

$81.1 COP 305.0K

7.48%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.39 ISK 3,427

$9.40 COP 35.4K

191.38%

Internet (50+ Mbps, Unlimited Data)

$85.6 ISK 10.7K

$23.61 COP 88.8K

262.52%

Gym Membership (Monthly)

$25.55 COP 96.0K

Tennis Court (1 Hour on Weekend)

$19.29 COP 72.5K

Cinema Ticket

$17.47 ISK 2,186

$4.10 COP 15.4K

326.10%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$315 ISK 39.5K

$306 COP 1.2M

3.03%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.7M

$5,899 COP 22.2M

403.09%

Jeans (Levis 501 Or Similar)

$139 ISK 17.4K

$59.8 COP 224.9K

132.10%

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,860

$31.96 COP 120.2K

96.53%

Sport Shoes (Adidas, Nike)

$186 ISK 23.3K

$103 COP 386.2K

81.08%

Men's Leather Business Shoes

$270 ISK 33.7K

$108 COP 405.6K

149.94%

1-bedroom Apartment, City Center (Monthly)

$483 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$377 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$822 COP 3.1M

3-bedroom Apartment, Outside City Center (Monthly)

$721 COP 2.7M

Buy Apartment in City Center (m2)

$2,784 COP 10.5M

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

Average Monthly Net Salary (After Tax)

$6,007 ISK 751.7K

$538 COP 2.0M

1017.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.43

-28.29%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Drangsnes: March 1, 2026

Last update for Medellin: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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