Cost of Living Comparison Between Fanar and Medellin Cost of Living Comparison Between Fanar and Medellin

Monthly Cost of Living

A single person spends $813 per month in Fanar vs $1,017 in Medellin, rent included.

A couple spends around $1,326 per month in Fanar vs $1,602 in Medellin, rent included.

A family of three spends $1,840 per month in Fanar vs $2,188 in Medellin, rent included.

Fanar is about 20% cheaper than Medellin, driven mainly by Getting Around.

Both Fanar and Medellin are more affordable than the global median – Fanar 40% lower, Medellin 24% lower.

Meal at Budget Restaurant

$9.93 LBP 888.7K

$5.95 COP 20.8K

66.89%

Three-Course Dinner for Two, Mid-Range

$59.8 LBP 5.4M

$33.33 COP 116.3K

79.51%

Fast Food Meal (McDonalds, etc)

$8.23 LBP 736.8K

$7.23 COP 25.2K

13.83%

Cappuccino

$0.81 LBP 72.8K

$1.63 COP 5,687

-50.31%

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

$1.59 LBP 142.3K

$1.09 COP 3,821

45.87%

Water (0.33 liter bottle)

$0.87 LBP 77.8K

$0.73 COP 2,548

19.18%

Local Beer (0.5 liter draught)

$1.47 LBP 131.9K

$1.74 COP 6,065

-15.52%

Imported Beer (0.33 liter bottle)

$5.03 LBP 450.3K

$3.23 COP 11.3K

55.73%

Milk (1 liter)

$1.02 LBP 91.5K

$1.05 COP 3,662

-2.86%

White Bread (500g)

$0.51 LBP 45.8K

$1.29 COP 4,515

-60.47%

Rice (white) (1kg)

$1.02 LBP 91.3K

$1.32 COP 4,617

-22.73%

Eggs

$2.33 LBP 209.0K

$2.27 COP 7,927

2.64%

Local Cheese (1kg)

$11.43 LBP 1.0M

$4.35 COP 15.2K

162.76%

Chicken Fillets (1kg)

$2.91 LBP 260.7K

$5.88 COP 20.5K

-50.51%

Beef Round Steak (1kg)

$5.03 LBP 450.0K

$8.61 COP 30.0K

-41.58%

Apples (1kg)

$0.48 LBP 42.6K

$2.25 COP 7,844

-78.67%

Banana (1kg)

$0.48 LBP 43.2K

$1.07 COP 3,733

-55.14%

Oranges (1kg)

$0.88 LBP 78.6K

$1.52 COP 5,322

-42.11%

Tomato (1kg)

$0.48 LBP 42.5K

$1.42 COP 4,964

-66.20%

Potato (1kg)

$0.52 LBP 46.6K

$1.17 COP 4,084

-55.56%

Onion (1kg)

$0.87 LBP 78.0K

$1.17 COP 4,077

-25.64%

Lettuce (1 head)

$0.29 LBP 25.7K

$0.89 COP 3,096

-67.42%

Water (1.5 liter bottle)

$0.39 LBP 34.9K

$0.90 COP 3,146

-56.67%

Cigarettes 20 Pack (Marlboro, Camel)

$1.16 LBP 104.2K

$2.25 COP 7,837

-48.44%

Wine (Bottle)

$9.84 LBP 880.3K

$11.04 COP 38.5K

-10.87%

Local Beer (0.5 liter bottle)

$1.03 LBP 91.9K

$1.14 COP 3,977

-9.65%

Imported Beer (0.33 liter bottle)

$1.52 LBP 136.5K

$2.38 COP 8,301

-36.13%

One-way Ticket (Public Transport)

$1.98 LBP 177.4K

$0.84 COP 2,916

135.71%

Public Transport Monthly Pass (Regular Price)

$99.8 LBP 8.9M

$41.95 COP 146.4K

137.97%

Taxi Start (Normal Tariff)

$4.97 LBP 444.6K

$1.41 COP 4,912

252.48%

Taxi (Normal Tariff) (1km)

$1.29 LBP 115.1K

$1.90 COP 6,634

-32.11%

Taxi 1hour Waiting (Normal Tariff)

$20.25 LBP 1.8M

$7.75 COP 27.0K

161.29%

Gasoline (1 liter)

$0.88 LBP 79.1K

$1.01 COP 3,509

-12.87%

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

$35.4K LBP 3.2B

$17.6K COP 61.4M

101.50%

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

$28.0K LBP 2.5B

$26.5K COP 92.5M

5.50%

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

$152 LBP 13.6M

$83.7 COP 292.1K

81.55%

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

$38.08 LBP 3.4M

$9.45 COP 33.0K

302.96%

Internet (50+ Mbps, Unlimited Data)

$29.49 LBP 2.6M

$24.11 COP 84.1K

22.31%

Gym Membership (Monthly)

$19.68 LBP 1.8M

$25.31 COP 88.3K

-22.24%

Tennis Court (1 Hour on Weekend)

$25.41 LBP 2.3M

$19.14 COP 66.8K

32.76%

Cinema Ticket

$4.92 LBP 440.0K

$4.10 COP 14.3K

20.00%

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

$303 LBP 27.1M

$312 COP 1.1M

-2.86%

International Primary School, 1 Child (Yearly)

$4,531 LBP 405.5M

$5,993 COP 20.9M

-24.40%

Jeans (Levis 501 Or Similar)

$70.9 LBP 6.3M

$58.0 COP 202.6K

22.14%

Summer Dress (H&M, Zara, etc)

$45.31 LBP 4.1M

$32.56 COP 113.6K

39.16%

Sport Shoes (Adidas, Nike)

$123 LBP 11.0M

$99.6 COP 347.7K

23.69%

Men's Leather Business Shoes

$95.7 LBP 8.6M

$109 COP 378.8K

-11.86%

1-bedroom Apartment, City Center (Monthly)

$482 COP 1.7M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.3M

3-bedroom Apartment, City Center (Monthly)

$837 COP 2.9M

3-bedroom Apartment, Outside City Center (Monthly)

$723 COP 2.5M

Buy Apartment in City Center (m2)

$2,840 COP 9.9M

Buy Apartment Outside City Center (m2)

$1,223 COP 4.3M

Average Monthly Net Salary (After Tax)

$541 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

11.16

13.43

-16.90%

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

Last update for Fanar: June 7, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A mid-range dinner for two costs $60.0 in Fanar versus $33.00 in Medellin. Groceries tell a different story – $141 in Fanar vs $190 in Medellin – so Fanar wins on supermarket bills even if dining out costs more.

City Median Internet Speeds Comparison (Updated April 2026)

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

Digital Nomad Cost of Living Index

Fanar vs Medellin: Cost of Living - Frequently Asked Questions

Yes – Medellin is pricier by about 25%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $1,219 per month in Fanar and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $813 in Fanar and $1,017 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 138% less in Fanar. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Fanar, where all-in costs run around $813, than in Medellin at $1,017. In Fanar it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.

Families tend to lean toward Fanar – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Fanar. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.