Cost of Living Comparison Between Fano and Medellin Cost of Living Comparison Between Fano and Medellin

Monthly Cost of Living

A single person spends $1,929 per month in Fano vs $1,641 in Medellin, rent included.

A couple spends around $2,794 per month in Fano vs $2,447 in Medellin, rent included.

A family of three spends $3,658 per month in Fano vs $3,253 in Medellin, rent included.

Fano costs about 18% more than Medellin, driven mainly by Eating Out.

Both Fano and Medellin sit above the global median – Fano by 40%, Medellin by 19%.

Meal at Budget Restaurant

$24.74 €21.32

$8.04 COP 24.8K

207.71%

Three-Course Dinner for Two, Mid-Range

$79.8 €68.8

$48.29 COP 148.6K

65.33%

Fast Food Meal (McDonalds, etc)

$15.13 €13.04

$9.42 COP 29.0K

60.62%

Cappuccino

$1.86 €1.60

$2.94 COP 9,040

-36.73%

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

$3.17 €2.73

$1.86 COP 5,735

70.43%

Water (0.33 liter bottle)

$1.33 €1.14

$1.46 COP 4,479

-8.90%

Local Beer (0.5 liter draught)

$6.43 €5.54

$3.21 COP 9,882

100.31%

Imported Beer (0.33 liter bottle)

$5.71 €4.93

$5.71 COP 17.6K

Milk (1 liter)

$1.96 €1.69

$1.44 COP 4,428

36.11%

White Bread (500g)

$2.39 €2.06

$2.40 COP 7,389

-0.42%

Rice (white) (1kg)

$2.34 €2.02

$1.70 COP 5,228

37.65%

Eggs

$4.22 €3.63

$2.89 COP 8,896

46.02%

Local Cheese (1kg)

$17.66 €15.23

$10.06 COP 30.9K

75.55%

Chicken Fillets (1kg)

$12.40 €10.69

$9.97 COP 30.7K

24.37%

Beef Round Steak (1kg)

$26.78 €23.08

$14.20 COP 43.7K

88.59%

Apples (1kg)

$3.10 €2.67

$3.98 COP 12.3K

-22.11%

Banana (1kg)

$2.72 €2.34

$1.58 COP 4,878

72.15%

Oranges (1kg)

$3.49 €3.01

$2.15 COP 6,624

62.33%

Tomato (1kg)

$2.84 €2.45

$2.30 COP 7,078

23.48%

Potato (1kg)

$2.39 €2.06

$2.00 COP 6,169

19.50%

Onion (1kg)

$1.92 €1.66

$1.51 COP 4,646

27.15%

Lettuce (1 head)

$1.93 €1.66

$1.20 COP 3,701

60.83%

Water (1.5 liter bottle)

$0.45 €0.39

$1.28 COP 3,946

-64.84%

Cigarettes 20 Pack (Marlboro, Camel)

$6.80 €5.86

$3.84 COP 11.8K

77.08%

Wine (Bottle)

$8.07 €6.96

$14.01 COP 43.1K

-42.40%

Local Beer (0.5 liter bottle)

$1.19 €1.03

$1.71 COP 5,256

-30.41%

Imported Beer (0.33 liter bottle)

$2.33 €2.01

$2.74 COP 8,440

-14.96%

One-way Ticket (Public Transport)

$2.81 €2.42

$1.25 COP 3,834

124.80%

Public Transport Monthly Pass (Regular Price)

$61.0 €52.6

$77.9 COP 239.7K

-21.72%

Taxi Start (Normal Tariff)

$3.92 €3.38

$1.31 COP 4,016

199.24%

Taxi (Normal Tariff) (1km)

$1.26 €1.08

$2.17 COP 6,680

-41.94%

Taxi 1hour Waiting (Normal Tariff)

$31.93 €27.52

$8.29 COP 25.5K

285.16%

Gasoline (1 liter)

$2.01 €1.73

$1.36 COP 4,172

47.79%

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

$37.9K €32.7K

$27.5K COP 84.5M

37.90%

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

$36.7K €31.7K

$36.5K COP 112.4M

0.55%

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

$245 €211

$169 COP 519.2K

45.22%

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

$8.83 €7.61

$13.57 COP 41.8K

-34.93%

Internet (50+ Mbps, Unlimited Data)

$33.87 €29.20

$28.32 COP 87.2K

19.60%

Gym Membership (Monthly)

$65.2 €56.2

$45.71 COP 140.7K

42.55%

Tennis Court (1 Hour on Weekend)

$17.22 COP 53.0K

Cinema Ticket

$9.18 €7.91

$6.65 COP 20.5K

38.05%

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

$783 €675

$803 COP 2.5M

-2.58%

International Primary School, 1 Child (Yearly)

$17.7K €15.3K

$9,190 COP 28.3M

92.61%

Jeans (Levis 501 Or Similar)

$80.8 €69.6

$87.4 COP 268.8K

-7.52%

Summer Dress (H&M, Zara, etc)

$40.74 €35.12

$59.4 COP 182.7K

-31.38%

Sport Shoes (Adidas, Nike)

$105 €90.7

$139 COP 427.5K

-24.27%

Men's Leather Business Shoes

$128 €111

$102 COP 314.0K

25.66%

1-bedroom Apartment, City Center (Monthly)

$673 €580

$1,071 COP 3.3M

-37.19%

1-bedroom Apartment, Outside City Center (Monthly)

$602 €519

$653 COP 2.0M

-7.85%

3-bedroom Apartment, City Center (Monthly)

$915 €789

$1,925 COP 5.9M

-52.47%

3-bedroom Apartment, Outside City Center (Monthly)

$708 €611

$1,048 COP 3.2M

-32.40%

Buy Apartment in City Center (m2)

$3,532 €3,044

$4,123 COP 12.7M

-14.33%

Buy Apartment Outside City Center (m2)

$2,287 €1,971

$1,697 COP 5.2M

34.72%

Average Monthly Net Salary (After Tax)

$2,012 €1,734

$655 COP 2.0M

207.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-72.58%

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

Last update for Fano: September 6, 2026

Last update for Medellin: September 7, 2026

Cost Breakdown

A central one-bedroom costs $673 in Fano versus $1,071 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 207% higher in Fano, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Fano versus $48.00 in Medellin. Monthly groceries follow the same trend: $376 vs $300 – making Medellin the more affordable choice for daily food spending.

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

Fano vs Medellin: Cost of Living - Frequently Asked Questions

Fano costs about 18% more than Medellin, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,894 per month in Fano and $2,462 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,929 in Fano and $1,641 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 28% less in Medellin. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,641, than in Fano at $1,929. In Medellin it covers expenses comfortably, while in Fano it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,641 versus $1,929 in Fano. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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