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Cost of Living Comparison Between Fairbanks, AK and Medellin Cost of Living Comparison Between Fairbanks, AK and Medellin

😐 Solo nomad: Fairbanks, AK is 136.6% more expensive than Medellin without rent, and 202.3% more expensive with rent.
😐 Family of 3: Fairbanks, AK is 156.1% more expensive than Medellin without rent, and 151.1% more expensive with rent.
Currency
🍽 Eating Out
Fairbanks, AK
Medellin
Difference
Meal at Budget Restaurant
$24.71 $24.71
$5.97 COPΒ 21.9K
313.90%
Three-Course Dinner for Two, Mid-Range
$88.8 $88.8
$32.40 COPΒ 119.0K
174.01%
Fast Food Meal (McDonalds, etc)
$14.21 $14.21
$7.13 COPΒ 26.2K
99.30%
Cappuccino
$5.94 $5.94
$1.65 COPΒ 6,043
260.00%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.80 $2.80
$1.06 COPΒ 3,882
164.15%
Water (0.33 liter bottle)
$1.98 $1.98
$0.77 COPΒ 2,839
157.14%
Local Beer (0.5 liter draught)
$8.20 $8.20
$1.75 COPΒ 6,418
368.57%
Imported Beer (0.33 liter bottle)
$9.92 $9.92
$3.06 COPΒ 11.2K
224.18%
πŸ›’ Groceries & Markets
Fairbanks, AK
Medellin
Difference
Milk (1 liter)
$1.14 $1.14
$1.10 COPΒ 4,026
3.64%
White Bread (500g)
$5.38 $5.38
$1.30 COPΒ 4,771
313.85%
Rice (white) (1kg)
$5.21 $5.21
$1.34 COPΒ 4,905
288.81%
Eggs
$4.27 $4.27
$2.26 COPΒ 8,299
88.94%
Local Cheese (1kg)
$18.08 $18.08
$4.50 COPΒ 16.5K
301.78%
Chicken Fillets (1kg)
$16.59 $16.59
$5.80 COPΒ 21.3K
186.03%
Beef Round Steak (1kg)
$21.15 $21.15
$8.96 COPΒ 32.9K
136.05%
Apples (1kg)
$7.77 $7.77
$2.37 COPΒ 8,691
227.85%
Banana (1kg)
$2.79 $2.79
$1.07 COPΒ 3,939
160.75%
Oranges (1kg)
$6.79 $6.79
$1.48 COPΒ 5,418
358.78%
Tomato (1kg)
$7.48 $7.48
$1.36 COPΒ 5,011
450.00%
Potato (1kg)
$3.94 $3.94
$1.13 COPΒ 4,135
248.67%
Onion (1kg)
$4.71 $4.71
$1.13 COPΒ 4,161
316.81%
Lettuce (1 head)
$3.00 $3.00
$0.89 COPΒ 3,274
237.08%
Water (1.5 liter bottle)
$1.94 $1.94
$0.85 COPΒ 3,114
128.24%
Cigarettes 20 Pack (Marlboro, Camel)
$11.03 $11.03
$2.28 COPΒ 8,361
383.77%
Wine (Bottle)
$15.20 $15.20
$10.15 COPΒ 37.3K
49.75%
Local Beer (0.5 liter bottle)
$1.71 $1.71
$1.19 COPΒ 4,359
43.70%
Imported Beer (0.33 liter bottle)
$1.02 $1.02
$2.40 COPΒ 8,828
-57.50%
🚌 Getting Around
Fairbanks, AK
Medellin
Difference
One-way Ticket (Public Transport)
$1.52 $1.52
$0.84 COPΒ 3,074
80.95%
Public Transport Monthly Pass (Regular Price)
$40.59 $40.59
$40.85 COPΒ 150.0K
-0.64%
Taxi Start (Normal Tariff)
$3.41 $3.41
$1.48 COPΒ 5,417
130.41%
Taxi (Normal Tariff) (1km)
$2.22 $2.22
$1.89 COPΒ 6,949
17.46%
Taxi 1hour Waiting (Normal Tariff)
$44.21 $44.21
$8.05 COPΒ 29.5K
449.19%
Gasoline (1 liter)
$1.00 $1.00
$0.94 COPΒ 3,455
6.38%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.2K $29.2K
$17.7K COPΒ 65.1M
64.46%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.4K $25.4K
$26.4K COPΒ 96.8M
-3.69%
🧾 Monthly Utilities & Internet
Fairbanks, AK
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$168 $168
$81.9 COPΒ 300.7K
105.21%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$59.1 $59.1
$9.54 COPΒ 35.0K
519.71%
Internet (50+ Mbps, Unlimited Data)
$114 $114
$23.68 COPΒ 87.0K
383.49%
πŸŽ‰ Sport & Entertainment
Fairbanks, AK
Medellin
Difference
Gym Membership (Monthly)
$99.8 $99.8
$25.85 COPΒ 94.9K
286.03%
Tennis Court (1 Hour on Weekend)
-
$18.72 COPΒ 68.7K
-
Cinema Ticket
$16.76 $16.76
$4.05 COPΒ 14.9K
313.83%
🧸 Childcare & Education
Fairbanks, AK
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,196 $1,196
$316 COPΒ 1.2M
278.50%
International Primary School, 1 Child (Yearly)
$23.6K $23.6K
$5,971 COPΒ 21.9M
295.66%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Fairbanks, AK
Medellin
Difference
Jeans (Levis 501 Or Similar)
$58.8 $58.8
$59.0 COPΒ 216.4K
-0.24%
Summer Dress (H&M, Zara, etc)
$39.47 $39.47
$32.49 COPΒ 119.3K
21.48%
Sport Shoes (Adidas, Nike)
$83.4 $83.4
$99.9 COPΒ 366.7K
-16.50%
Men's Leather Business Shoes
$118 $118
$108 COPΒ 394.9K
10.17%
🏠 Accommodation & Living
Fairbanks, AK
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,647 $1,647
$491 COPΒ 1.8M
235.01%
1-bedroom Apartment, Outside City Center (Monthly)
$1,495 $1,495
$371 COPΒ 1.4M
302.91%
3-bedroom Apartment, City Center (Monthly)
$2,222 $2,222
$821 COPΒ 3.0M
170.47%
3-bedroom Apartment, Outside City Center (Monthly)
$2,015 $2,015
$731 COPΒ 2.7M
175.63%
Buy Apartment in City Center (m2)
$1,986 $1,986
$3,019 COPΒ 11.1M
-34.24%
Buy Apartment Outside City Center (m2)
$2,033 $2,033
$1,332 COPΒ 4.9M
52.58%
πŸ’΅ Salaries & Financials
Fairbanks, AK
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,958 $3,958
$517 COPΒ 1.9M
665.52%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.53
13.43
-51.38%

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

Last update for Fairbanks, AK: January 12, 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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