Cost of Living Comparison Between Fermoy and Medellin Cost of Living Comparison Between Fermoy and Medellin

Monthly Cost of Living

A single person spends $2,538 per month in Fermoy vs $1,003 in Medellin, rent included.

A couple spends around $3,644 per month in Fermoy vs $1,573 in Medellin, rent included.

A family of three spends $4,751 per month in Fermoy vs $2,143 in Medellin, rent included.

Fermoy costs about 153% more than Medellin, driven mainly by Eating Out.

Fermoy sits 91% above the global median, while Medellin is 25% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.65 €11.82

$5.91 COP 18.6K

130.96%

Three-Course Dinner for Two, Mid-Range

$70.0 €60.6

$32.96 COP 103.8K

112.44%

Fast Food Meal (McDonalds, etc)

$9.47 €8.20

$7.43 COP 23.4K

27.46%

Cappuccino

$4.11 €3.56

$1.65 COP 5,207

149.09%

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

$2.21 €1.92

$1.10 COP 3,468

100.91%

Water (0.33 liter bottle)

$1.41 €1.22

$0.78 COP 2,458

80.77%

Local Beer (0.5 liter draught)

$8.16 €7.07

$1.72 COP 5,412

374.42%

Imported Beer (0.33 liter bottle)

$6.25 €5.41

$3.18 COP 10.0K

96.54%

Milk (1 liter)

$1.53 €1.32

$1.10 COP 3,474

39.09%

White Bread (500g)

$2.23 €1.94

$1.26 COP 3,962

76.98%

Rice (white) (1kg)

$1.14 €0.99

$1.38 COP 4,349

-17.39%

Eggs

$4.56 €3.95

$2.18 COP 6,858

109.17%

Local Cheese (1kg)

$11.24 €9.73

$4.49 COP 14.1K

150.33%

Chicken Fillets (1kg)

$11.69 €10.13

$5.79 COP 18.2K

101.90%

Beef Round Steak (1kg)

$5.85 €5.07

$8.97 COP 28.2K

-34.78%

Apples (1kg)

$3.28 €2.84

$2.32 COP 7,308

41.38%

Banana (1kg)

$2.05 €1.77

$1.06 COP 3,352

93.40%

Oranges (1kg)

$2.99 €2.59

$1.52 COP 4,774

96.71%

Tomato (1kg)

$5.59 €4.84

$1.36 COP 4,270

311.03%

Potato (1kg)

$2.24 €1.94

$1.13 COP 3,552

98.23%

Onion (1kg)

$1.77 €1.53

$1.17 COP 3,689

51.28%

Lettuce (1 head)

$1.36 €1.18

$0.90 COP 2,838

51.11%

Water (1.5 liter bottle)

$2.07 €1.79

$0.90 COP 2,823

130.00%

Cigarettes 20 Pack (Marlboro, Camel)

$19.93 €17.26

$2.23 COP 7,034

793.72%

Wine (Bottle)

$11.40 €9.88

$12.12 COP 38.2K

-5.94%

Local Beer (0.5 liter bottle)

$3.67 €3.18

$1.19 COP 3,743

208.40%

Imported Beer (0.33 liter bottle)

$3.96 €3.43

$2.48 COP 7,815

59.68%

One-way Ticket (Public Transport)

$2.37 €2.05

$0.85 COP 2,687

178.82%

Public Transport Monthly Pass (Regular Price)

$96.7 €83.7

$41.62 COP 131.0K

132.29%

Taxi Start (Normal Tariff)

$5.28 €4.57

$1.42 COP 4,459

271.83%

Taxi (Normal Tariff) (1km)

$2.03 €1.76

$1.95 COP 6,141

4.10%

Taxi 1hour Waiting (Normal Tariff)

$39.35 €34.08

$7.89 COP 24.8K

398.73%

Gasoline (1 liter)

$1.98 €1.72

$0.99 COP 3,118

100.00%

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

$42.8K €37.0K

$17.6K COP 55.4M

142.94%

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

$40.8K €35.3K

$26.8K COP 84.4M

52.08%

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

$283 €246

$83.0 COP 261.4K

241.51%

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

$23.96 €20.75

$9.70 COP 30.5K

147.01%

Internet (50+ Mbps, Unlimited Data)

$58.2 €50.4

$23.52 COP 74.1K

147.45%

Gym Membership (Monthly)

$53.2 €46.03

$25.26 COP 79.5K

110.41%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.1K

Cinema Ticket

$14.84 €12.85

$3.95 COP 12.4K

275.70%

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

$1,178 €1,020

$316 COP 994.2K

273.08%

International Primary School, 1 Child (Yearly)

$9,419 €8,157

$5,975 COP 18.8M

57.65%

Jeans (Levis 501 Or Similar)

$106 €91.8

$60.0 COP 188.9K

76.57%

Summer Dress (H&M, Zara, etc)

$48.50 €42.00

$31.82 COP 100.2K

52.42%

Sport Shoes (Adidas, Nike)

$116 €101

$102 COP 320.1K

14.36%

Men's Leather Business Shoes

$127 €110

$107 COP 338.3K

18.56%

1-bedroom Apartment, City Center (Monthly)

$1,491 €1,291

$475 COP 1.5M

213.84%

1-bedroom Apartment, Outside City Center (Monthly)

$1,268 €1,098

$374 COP 1.2M

239.04%

3-bedroom Apartment, City Center (Monthly)

$2,373 €2,055

$849 COP 2.7M

179.44%

3-bedroom Apartment, Outside City Center (Monthly)

$1,977 €1,712

$719 COP 2.3M

174.76%

Buy Apartment in City Center (m2)

$3,513 €3,042

$3,265 COP 10.3M

7.57%

Buy Apartment Outside City Center (m2)

$1,441 COP 4.5M

Average Monthly Net Salary (After Tax)

$1,728 €1,496

$624 COP 2.0M

176.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.04

13.43

-69.92%

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

Last update for Fermoy: July 28, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A central one-bedroom costs $1,491 in Fermoy versus $475 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 177% higher in Fermoy, 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 $70.0 in Fermoy versus $33.00 in Medellin. Monthly groceries follow the same trend: $328 vs $193 – 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

Fermoy vs Medellin: Cost of Living - Frequently Asked Questions

Fermoy costs about 153% 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 $3,806 per month in Fermoy and $1,504 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.

A mid-range dinner for two costs $70.0 in Fermoy and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,538 in Fermoy and $1,003 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,003, than in Fermoy at $2,538. In Medellin it covers expenses comfortably, while in Fermoy it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,003 versus $2,538 in Fermoy. 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, Fermoy makes more sense. Both are solid long-term options with distinct trade-offs.