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

😐 Solo nomad: Formosa is 33.1% more expensive than Medellin without rent, and 2.4% cheaper with rent.

😐 Family of 3: Formosa is 31.6% more expensive than Medellin without rent, and 5.1% more expensive with rent.

Meal at Budget Restaurant

$10.53 ARS 12.5K

$6.23 COP 26K

69.02%

Three-Course Dinner for Two, Mid-Range

$33.73 ARS 40.1K

$32.34 COP 134.8K

4.30%

Fast Food Meal (McDonalds, etc)

$9.27 ARS 11K

$7.39 COP 30.8K

25.44%

Cappuccino

$2.75 ARS 3,265

$1.72 COP 7,155

59.88%

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

$1.64 ARS 1,950

$1.1 COP 4,575

49.09%

Water (0.33 liter bottle)

$1.48 ARS 1,759

$0.73 COP 3,060

102.74%

Local Beer (0.5 liter draught)

$2.07 ARS 2,460

$1.66 COP 6,916

24.70%

Imported Beer (0.33 liter bottle)

$2.93 ARS 3,478

$3.2 COP 13.3K

-8.44%

Milk (1 liter)

$1.32 ARS 1,564

$1.09 COP 4,552

21.10%

White Bread (500g)

$1.62 ARS 1,922

$1.24 COP 5,188

30.65%

Rice (white) (1kg)

$2.01 ARS 2,385

$1.33 COP 5,544

51.13%

Eggs

$2.28 ARS 2,703

$2.22 COP 9,252

2.70%

Local Cheese (1kg)

$10.01 ARS 11.9K

$4.55 COP 19K

120.00%

Chicken Fillets (1kg)

$6.32 ARS 7,510

$5.71 COP 23.8K

10.68%

Beef Round Steak (1kg)

$9.19 ARS 10.9K

$8.59 COP 35.8K

6.98%

Apples (1kg)

$2.02 ARS 2,395

$2.26 COP 9,410

-10.62%

Banana (1kg)

$2.14 ARS 2,538

$1.07 COP 4,461

100.00%

Oranges (1kg)

$1.33 ARS 1,577

$1.51 COP 6,293

-11.92%

Tomato (1kg)

$2.52 ARS 2,991

$1.42 COP 5,911

77.46%

Potato (1kg)

$1.13 ARS 1,340

$1.11 COP 4,619

1.80%

Onion (1kg)

$1.19 ARS 1,410

$1.18 COP 4,932

0.85%

Lettuce (1 head)

$1.26 ARS 1,494

$0.89 COP 3,718

41.57%

Water (1.5 liter bottle)

$1.47 ARS 1,751

$0.84 COP 3,507

75.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.21 ARS 3,811

$2.35 COP 9,809

36.60%

Wine (Bottle)

$5.18 ARS 6,151

$9.34 COP 38.9K

-44.54%

Local Beer (0.5 liter bottle)

$2 ARS 2,376

$1.18 COP 4,927

69.49%

Imported Beer (0.33 liter bottle)

$3.1 ARS 3,678

$2.49 COP 10.4K

24.50%

One-way Ticket (Public Transport)

$0.83 ARS 980

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.51 ARS 1,795

$1.41 COP 5,899

7.09%

Taxi (Normal Tariff) (1km)

$0.93 ARS 1,100

$1.96 COP 8,164

-52.55%

Taxi 1hour Waiting (Normal Tariff)

$6.07 ARS 7,211

$7.85 COP 32.7K

-22.68%

Gasoline (1 liter)

$1.11 ARS 1,320

$1.02 COP 4,265

8.82%

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

$27.5K ARS 32.7M

$17.6K COP 73.4M

56.48%

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

$30.1K ARS 35.8M

$26.2K COP 109.2M

14.97%

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

$66.7 ARS 79.2K

$82.5 COP 344.1K

-19.16%

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

$17.46 ARS 20.7K

$9.44 COP 39.4K

84.96%

Internet (50+ Mbps, Unlimited Data)

$22.68 ARS 26.9K

$23.51 COP 98K

-3.53%

Gym Membership (Monthly)

$26.07 ARS 31K

$25.68 COP 107.1K

1.52%

Tennis Court (1 Hour on Weekend)

$13.56 ARS 16.1K

$19.14 COP 79.8K

-29.15%

Cinema Ticket

$6.08 ARS 7,218

$3.96 COP 16.5K

53.54%

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

$219 ARS 259.5K

$305 COP 1.3M

-28.30%

International Primary School, 1 Child (Yearly)

$2,689 ARS 3.2M

$5,925 COP 24.7M

-54.62%

Jeans (Levis 501 Or Similar)

$75.1 ARS 89.1K

$57.9 COP 241.4K

29.64%

Summer Dress (H&M, Zara, etc)

$69 ARS 81.9K

$31.59 COP 131.7K

118.27%

Sport Shoes (Adidas, Nike)

$117 ARS 139.1K

$103 COP 430.1K

13.57%

Men's Leather Business Shoes

$112 ARS 132.8K

$106 COP 440.5K

5.83%

1-bedroom Apartment, City Center (Monthly)

$344 ARS 408.5K

$489 COP 2M

-29.72%

1-bedroom Apartment, Outside City Center (Monthly)

$242 ARS 287.4K

$379 COP 1.6M

-36.16%

3-bedroom Apartment, City Center (Monthly)

$669 ARS 794.5K

$827 COP 3.4M

-19.09%

3-bedroom Apartment, Outside City Center (Monthly)

$527 ARS 625.8K

$729 COP 3M

-27.72%

Buy Apartment in City Center (m2)

$1,931 ARS 2.3M

$2,190 COP 9.1M

-11.83%

Buy Apartment Outside City Center (m2)

$1,526 ARS 1.8M

$1,532 COP 6.4M

-0.43%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

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: October 28, 2025

Last update for Medellin: October 28, 2025

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