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

Monthly Cost of Living

A single person spends $2,808 per month in Fermoy vs $1,681 in Medellin, rent included.

A couple spends around $3,965 per month in Fermoy vs $2,445 in Medellin, rent included.

A family of three spends $5,123 per month in Fermoy vs $3,210 in Medellin, rent included.

Fermoy costs about 67% more than Medellin, driven mainly by Eating Out.

Both Fermoy and Medellin sit above the global median – Fermoy by 105%, Medellin by 23%.

Meal at Budget Restaurant

$13.77 €11.99

$8.02 COP 25.3K

71.70%

Three-Course Dinner for Two, Mid-Range

$69.7 €60.7

$47.87 COP 151.0K

45.60%

Fast Food Meal (McDonalds, etc)

$9.09 €7.92

$9.89 COP 31.2K

-8.09%

Cappuccino

$4.12 €3.59

$3.13 COP 9,873

31.63%

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

$2.16 €1.88

$1.91 COP 6,019

13.09%

Water (0.33 liter bottle)

$1.42 €1.24

$1.51 COP 4,763

-5.96%

Local Beer (0.5 liter draught)

$8.26 €7.20

$3.12 COP 9,853

164.74%

Imported Beer (0.33 liter bottle)

$6.51 €5.67

$5.75 COP 18.1K

13.22%

Milk (1 liter)

$1.62 €1.41

$1.44 COP 4,558

12.50%

White Bread (500g)

$2.20 €1.92

$2.49 COP 7,843

-11.65%

Rice (white) (1kg)

$1.17 €1.02

$1.77 COP 5,595

-33.90%

Eggs

$5.15 €4.49

$2.96 COP 9,336

73.99%

Local Cheese (1kg)

$10.24 €8.92

$10.07 COP 31.8K

1.69%

Chicken Fillets (1kg)

$12.88 €11.22

$10.12 COP 31.9K

27.27%

Beef Round Steak (1kg)

$16.84 €14.67

$14.30 COP 45.1K

17.76%

Apples (1kg)

$2.99 €2.61

$4.14 COP 13.0K

-27.78%

Banana (1kg)

$2.29 €1.99

$1.61 COP 5,073

42.24%

Oranges (1kg)

$2.88 €2.51

$2.25 COP 7,083

28.00%

Tomato (1kg)

$5.70 €4.97

$2.25 COP 7,104

153.33%

Potato (1kg)

$1.93 €1.68

$2.04 COP 6,444

-5.39%

Onion (1kg)

$1.59 €1.38

$1.54 COP 4,842

3.25%

Lettuce (1 head)

$1.33 €1.16

$1.17 COP 3,691

13.68%

Water (1.5 liter bottle)

$2.06 €1.79

$1.31 COP 4,121

57.25%

Cigarettes 20 Pack (Marlboro, Camel)

$19.81 €17.25

$3.90 COP 12.3K

407.95%

Wine (Bottle)

$11.70 €10.19

$14.01 COP 44.2K

-16.49%

Local Beer (0.5 liter bottle)

$3.49 €3.04

$1.74 COP 5,498

100.57%

Imported Beer (0.33 liter bottle)

$3.58 €3.12

$2.87 COP 9,053

24.74%

One-way Ticket (Public Transport)

$2.59 €2.26

$1.22 COP 3,834

112.30%

Public Transport Monthly Pass (Regular Price)

$110 €95.9

$80.5 COP 253.9K

36.73%

Taxi Start (Normal Tariff)

$5.39 €4.70

$1.31 COP 4,129

311.45%

Taxi (Normal Tariff) (1km)

$1.57 €1.37

$2.19 COP 6,899

-28.31%

Taxi 1hour Waiting (Normal Tariff)

$39.57 €34.48

$8.71 COP 27.5K

354.31%

Gasoline (1 liter)

$1.91 €1.66

$1.37 COP 4,306

39.42%

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

$39.8K €34.7K

$27.8K COP 87.8M

43.01%

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

$40.3K €35.1K

$35.8K COP 112.8M

12.74%

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

$289 €251

$177 COP 559.3K

62.75%

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

$19.51 €16.99

$13.88 COP 43.8K

40.56%

Internet (50+ Mbps, Unlimited Data)

$53.8 €46.89

$29.72 COP 93.8K

81.12%

Gym Membership (Monthly)

$59.7 €52.0

$44.88 COP 141.6K

33.02%

Tennis Court (1 Hour on Weekend)

$17.12 COP 54.0K

Cinema Ticket

$15.58 €13.57

$6.65 COP 21.0K

134.29%

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

$1,357 €1,182

$813 COP 2.6M

66.95%

International Primary School, 1 Child (Yearly)

$5,650 €4,922

$9,187 COP 29.0M

-38.50%

Jeans (Levis 501 Or Similar)

$111 €96.4

$89.5 COP 282.3K

23.60%

Summer Dress (H&M, Zara, etc)

$51.9 €45.22

$59.0 COP 186.0K

-11.99%

Sport Shoes (Adidas, Nike)

$118 €103

$138 COP 435.9K

-14.52%

Men's Leather Business Shoes

$130 €113

$102 COP 322.1K

27.13%

1-bedroom Apartment, City Center (Monthly)

$1,744 €1,519

$1,062 COP 3.3M

64.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,218 €1,061

$663 COP 2.1M

83.75%

3-bedroom Apartment, City Center (Monthly)

$2,580 €2,248

$1,888 COP 6.0M

36.64%

3-bedroom Apartment, Outside City Center (Monthly)

$2,176 €1,896

$1,027 COP 3.2M

111.85%

Buy Apartment in City Center (m2)

$4,183 COP 13.2M

Buy Apartment Outside City Center (m2)

$1,675 COP 5.3M

Average Monthly Net Salary (After Tax)

$1,698 €1,480

$678 COP 2.1M

150.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

10.94

-65.36%

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

Last update for Fermoy: September 13, 2026

Last update for Medellin: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,744 in Fermoy versus $1,062 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 151% 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 $48.00 in Medellin. Monthly groceries follow the same trend: $365 vs $305 – 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 67% 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 $4,211 per month in Fermoy and $2,521 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 $48.00 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 $2,808 in Fermoy and $1,681 in Medellin. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Medellin, where all-in costs run around $1,681, than in Fermoy at $2,808. 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 $1,681 versus $2,808 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.