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

😐 Solo nomad: Drangsnes is 203.4% more expensive than Medellin without rent, and 56.8% more expensive with rent.

😐 Family of 3: Drangsnes is 159.1% more expensive than Medellin without rent, and 86.5% more expensive with rent.

Meal at Budget Restaurant

$27.39 ISK 3,451

$5.97 COP 21.9K

358.79%

Three-Course Dinner for Two, Mid-Range

$144 ISK 18.1K

$32.40 COP 119.0K

344.57%

Fast Food Meal (McDonalds, etc)

$22.70 ISK 2,859

$7.13 COP 26.2K

218.37%

Cappuccino

$5.93 ISK 747

$1.65 COP 6,043

259.39%

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

$3.30 ISK 415

$1.06 COP 3,882

211.32%

Water (0.33 liter bottle)

$2.54 ISK 320

$0.77 COP 2,839

229.87%

Local Beer (0.5 liter draught)

$12.88 ISK 1,623

$1.75 COP 6,418

636.00%

Imported Beer (0.33 liter bottle)

$11.16 ISK 1,406

$3.06 COP 11.2K

264.71%

Milk (1 liter)

$1.89 ISK 239

$1.10 COP 4,026

71.82%

White Bread (500g)

$4.23 ISK 533

$1.30 COP 4,771

225.38%

Rice (white) (1kg)

$3.74 ISK 471

$1.34 COP 4,905

179.10%

Eggs

$6.24 ISK 786

$2.26 COP 8,299

176.11%

Local Cheese (1kg)

$18.36 ISK 2,312

$4.50 COP 16.5K

308.00%

Chicken Fillets (1kg)

$23.65 ISK 2,979

$5.80 COP 21.3K

307.76%

Beef Round Steak (1kg)

$42.48 ISK 5,352

$8.96 COP 32.9K

374.11%

Apples (1kg)

$3.32 ISK 419

$2.37 COP 8,691

40.08%

Banana (1kg)

$2.53 ISK 319

$1.07 COP 3,939

136.45%

Oranges (1kg)

$3.09 ISK 390

$1.48 COP 5,418

108.78%

Tomato (1kg)

$4.98 ISK 627

$1.36 COP 5,011

266.18%

Potato (1kg)

$3.54 ISK 446

$1.13 COP 4,135

213.27%

Onion (1kg)

$2.44 ISK 307

$1.13 COP 4,161

115.93%

Lettuce (1 head)

$3.17 ISK 399

$0.89 COP 3,274

256.18%

Water (1.5 liter bottle)

$1.91 ISK 241

$0.85 COP 3,114

124.71%

Cigarettes 20 Pack (Marlboro, Camel)

$13.42 ISK 1,691

$2.28 COP 8,361

488.60%

Wine (Bottle)

$24.23 ISK 3,052

$10.15 COP 37.3K

138.72%

Local Beer (0.5 liter bottle)

$3.55 ISK 448

$1.19 COP 4,359

198.32%

Imported Beer (0.33 liter bottle)

$3.23 ISK 407

$2.40 COP 8,828

34.58%

One-way Ticket (Public Transport)

$0.84 COP 3,074

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$6.25 ISK 788

$1.48 COP 5,417

322.30%

Taxi (Normal Tariff) (1km)

$2.52 ISK 317

$1.89 COP 6,949

33.33%

Taxi 1hour Waiting (Normal Tariff)

$85.2 ISK 10.7K

$8.05 COP 29.5K

958.88%

Gasoline (1 liter)

$2.54 ISK 320

$0.94 COP 3,455

170.21%

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

$47.5K ISK 6.0M

$17.7K COP 65.1M

167.74%

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

$52.2K ISK 6.6M

$26.4K COP 96.8M

98.18%

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

$88.1 ISK 11.1K

$81.9 COP 300.7K

7.52%

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

$27.75 ISK 3,496

$9.54 COP 35.0K

190.88%

Internet (50+ Mbps, Unlimited Data)

$85.1 ISK 10.7K

$23.68 COP 87.0K

259.46%

Gym Membership (Monthly)

$25.85 COP 94.9K

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$17.38 ISK 2,189

$4.05 COP 14.9K

329.14%

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

$328 ISK 41.3K

$316 COP 1.2M

3.69%

International Primary School, 1 Child (Yearly)

$30.4K ISK 3.8M

$5,971 COP 21.9M

408.32%

Jeans (Levis 501 Or Similar)

$142 ISK 17.8K

$59.0 COP 216.4K

140.08%

Summer Dress (H&M, Zara, etc)

$62.6 ISK 7,887

$32.49 COP 119.3K

92.71%

Sport Shoes (Adidas, Nike)

$183 ISK 23.0K

$99.9 COP 366.7K

82.82%

Men's Leather Business Shoes

$264 ISK 33.2K

$108 COP 394.9K

145.28%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

Average Monthly Net Salary (After Tax)

$5,980 ISK 753.3K

$517 COP 1.9M

1056.65%

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: January 11, 2026

Last update for Medellin: January 12, 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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