Cost of Living Comparison Between Formosa and Medellin Cost of Living Comparison Between Formosa and Medellin

😐 Solo nomad: Formosa is 19.6% more expensive than Medellin without rent, and 6.2% cheaper with rent.

😐 Family of 3: Formosa is 34.7% more expensive than Medellin without rent, and 0.6% more expensive with rent.

Meal at Budget Restaurant

$10.68 ARS 15.5K

$5.97 COP 21.9K

78.89%

Three-Course Dinner for Two, Mid-Range

$34.02 ARS 49.4K

$32.40 COP 119.0K

5.00%

Fast Food Meal (McDonalds, etc)

$8.94 ARS 13.0K

$7.13 COP 26.2K

25.39%

Cappuccino

$2.73 ARS 3,971

$1.65 COP 6,043

65.45%

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

$1.64 ARS 2,387

$1.06 COP 3,882

54.72%

Water (0.33 liter bottle)

$1.50 ARS 2,184

$0.77 COP 2,839

94.81%

Local Beer (0.5 liter draught)

$2.05 ARS 2,981

$1.75 COP 6,418

17.14%

Imported Beer (0.33 liter bottle)

$2.96 ARS 4,292

$3.06 COP 11.2K

-3.27%

Milk (1 liter)

$1.25 ARS 1,814

$1.10 COP 4,026

13.64%

White Bread (500g)

$1.56 ARS 2,268

$1.30 COP 4,771

20.00%

Rice (white) (1kg)

$2.04 ARS 2,968

$1.34 COP 4,905

52.24%

Eggs

$2.25 ARS 3,268

$2.26 COP 8,299

-0.44%

Local Cheese (1kg)

$9.93 ARS 14.4K

$4.50 COP 16.5K

120.67%

Chicken Fillets (1kg)

$6.31 ARS 9,171

$5.80 COP 21.3K

8.79%

Beef Round Steak (1kg)

$9.46 ARS 13.7K

$8.96 COP 32.9K

5.58%

Apples (1kg)

$2.00 ARS 2,910

$2.37 COP 8,691

-15.61%

Banana (1kg)

$2.14 ARS 3,111

$1.07 COP 3,939

100.00%

Oranges (1kg)

$1.32 ARS 1,923

$1.48 COP 5,418

-10.81%

Tomato (1kg)

$2.51 ARS 3,641

$1.36 COP 5,011

84.56%

Potato (1kg)

$1.18 ARS 1,720

$1.13 COP 4,135

4.42%

Onion (1kg)

$1.21 ARS 1,756

$1.13 COP 4,161

7.08%

Lettuce (1 head)

$1.27 ARS 1,846

$0.89 COP 3,274

42.70%

Water (1.5 liter bottle)

$1.50 ARS 2,176

$0.85 COP 3,114

76.47%

Cigarettes 20 Pack (Marlboro, Camel)

$3.18 ARS 4,622

$2.28 COP 8,361

39.47%

Wine (Bottle)

$5.17 ARS 7,509

$10.15 COP 37.3K

-49.06%

Local Beer (0.5 liter bottle)

$2.06 ARS 2,993

$1.19 COP 4,359

73.11%

Imported Beer (0.33 liter bottle)

$3.18 ARS 4,613

$2.40 COP 8,828

32.50%

One-way Ticket (Public Transport)

$0.78 ARS 1,138

$0.84 COP 3,074

-7.14%

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.47 ARS 2,132

$1.48 COP 5,417

-0.68%

Taxi (Normal Tariff) (1km)

$0.92 ARS 1,341

$1.89 COP 6,949

-51.32%

Taxi 1hour Waiting (Normal Tariff)

$6.14 ARS 8,912

$8.05 COP 29.5K

-23.73%

Gasoline (1 liter)

$1.05 ARS 1,523

$0.94 COP 3,455

11.70%

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

$27.8K ARS 40.3M

$17.7K COP 65.1M

56.56%

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

$30.1K ARS 43.7M

$26.4K COP 96.8M

14.24%

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

$66.8 ARS 97.0K

$81.9 COP 300.7K

-18.44%

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

$17.00 ARS 24.7K

$9.54 COP 35.0K

78.20%

Internet (50+ Mbps, Unlimited Data)

$22.29 ARS 32.4K

$23.68 COP 87.0K

-5.87%

Gym Membership (Monthly)

$25.97 ARS 37.7K

$25.85 COP 94.9K

0.46%

Tennis Court (1 Hour on Weekend)

$13.67 ARS 19.9K

$18.72 COP 68.7K

-26.98%

Cinema Ticket

$6.02 ARS 8,743

$4.05 COP 14.9K

48.64%

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

$216 ARS 314.2K

$316 COP 1.2M

-31.50%

International Primary School, 1 Child (Yearly)

$2,676 ARS 3.9M

$5,971 COP 21.9M

-55.18%

Jeans (Levis 501 Or Similar)

$75.3 ARS 109.4K

$59.0 COP 216.4K

27.75%

Summer Dress (H&M, Zara, etc)

$68.8 ARS 99.9K

$32.49 COP 119.3K

111.67%

Sport Shoes (Adidas, Nike)

$115 ARS 166.7K

$99.9 COP 366.7K

14.95%

Men's Leather Business Shoes

$111 ARS 160.5K

$108 COP 394.9K

2.78%

1-bedroom Apartment, City Center (Monthly)

$332 ARS 481.8K

$491 COP 1.8M

-32.50%

1-bedroom Apartment, Outside City Center (Monthly)

$234 ARS 340.3K

$371 COP 1.4M

-36.86%

3-bedroom Apartment, City Center (Monthly)

$692 ARS 1.0M

$821 COP 3.0M

-15.76%

3-bedroom Apartment, Outside City Center (Monthly)

$528 ARS 766.5K

$731 COP 2.7M

-27.81%

Buy Apartment in City Center (m2)

$2,116 ARS 3.1M

$3,019 COP 11.1M

-29.93%

Buy Apartment Outside City Center (m2)

$1,404 ARS 2.0M

$1,332 COP 4.9M

5.43%

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

58.5

13.43

335.59%

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

Last update for Formosa: January 11, 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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