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

😐 Solo nomad: Formosa is 31.2% more expensive than Medellin without rent, and 6.9% cheaper with rent.

😐 Family of 3: Formosa is 29.2% more expensive than Medellin without rent, and 0.2% more expensive with rent.

Meal at Budget Restaurant

$10.47 ARS 15.2K

$6.03 COP 22.7K

73.63%

Three-Course Dinner for Two, Mid-Range

$33.47 ARS 48.6K

$33.17 COP 124.8K

0.90%

Fast Food Meal (McDonalds, etc)

$8.95 ARS 13.0K

$7.29 COP 27.4K

22.77%

Cappuccino

$2.75 ARS 3,995

$1.63 COP 6,133

68.71%

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

$1.71 ARS 2,482

$1.05 COP 3,947

62.86%

Water (0.33 liter bottle)

$1.48 ARS 2,151

$0.77 COP 2,899

92.21%

Local Beer (0.5 liter draught)

$2.16 ARS 3,132

$1.73 COP 6,510

24.86%

Imported Beer (0.33 liter bottle)

$2.93 ARS 4,253

$3.18 COP 12.0K

-7.86%

Milk (1 liter)

$1.26 ARS 1,833

$1.07 COP 4,015

17.76%

White Bread (500g)

$1.61 ARS 2,343

$1.31 COP 4,935

22.90%

Rice (white) (1kg)

$1.97 ARS 2,862

$1.38 COP 5,195

42.75%

Eggs

$2.26 ARS 3,289

$2.25 COP 8,457

0.44%

Local Cheese (1kg)

$10.04 ARS 14.6K

$4.48 COP 16.9K

124.11%

Chicken Fillets (1kg)

$6.12 ARS 8,882

$5.74 COP 21.6K

6.62%

Beef Round Steak (1kg)

$9.29 ARS 13.5K

$8.86 COP 33.3K

4.85%

Apples (1kg)

$2.03 ARS 2,947

$2.24 COP 8,438

-9.38%

Banana (1kg)

$2.05 ARS 2,975

$1.06 COP 3,988

93.40%

Oranges (1kg)

$1.27 ARS 1,845

$1.51 COP 5,697

-15.89%

Tomato (1kg)

$2.55 ARS 3,705

$1.36 COP 5,119

87.50%

Potato (1kg)

$1.19 ARS 1,723

$1.12 COP 4,218

6.25%

Onion (1kg)

$1.25 ARS 1,817

$1.17 COP 4,400

6.84%

Lettuce (1 head)

$1.26 ARS 1,829

$0.90 COP 3,395

40.00%

Water (1.5 liter bottle)

$1.48 ARS 2,142

$0.84 COP 3,150

76.19%

Cigarettes 20 Pack (Marlboro, Camel)

$3.18 ARS 4,622

$2.26 COP 8,501

40.71%

Wine (Bottle)

$5.15 ARS 7,480

$9.97 COP 37.5K

-48.35%

Local Beer (0.5 liter bottle)

$2.08 ARS 3,016

$1.18 COP 4,451

76.27%

Imported Beer (0.33 liter bottle)

$3.13 ARS 4,543

$2.39 COP 8,993

30.96%

One-way Ticket (Public Transport)

$0.82 ARS 1,191

$0.86 COP 3,233

-4.65%

Public Transport Monthly Pass (Regular Price)

$41.45 COP 156.0K

Taxi Start (Normal Tariff)

$1.54 ARS 2,232

$1.47 COP 5,521

4.76%

Taxi (Normal Tariff) (1km)

$0.93 ARS 1,346

$1.95 COP 7,323

-52.31%

Taxi 1hour Waiting (Normal Tariff)

$6.05 ARS 8,784

$7.76 COP 29.2K

-22.04%

Gasoline (1 liter)

$1.07 ARS 1,553

$0.97 COP 3,640

10.31%

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

$27.0K ARS 39.2M

$17.9K COP 67.5M

50.23%

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

$31.0K ARS 45.0M

$26.7K COP 100.6M

15.86%

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

$67.3 ARS 97.7K

$81.1 COP 305.2K

-17.01%

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

$17.29 ARS 25.1K

$9.40 COP 35.4K

83.94%

Internet (50+ Mbps, Unlimited Data)

$22.81 ARS 33.1K

$23.61 COP 88.8K

-3.39%

Gym Membership (Monthly)

$26.35 ARS 38.3K

$25.55 COP 96.1K

3.13%

Tennis Court (1 Hour on Weekend)

$13.81 ARS 20.1K

$19.29 COP 72.6K

-28.41%

Cinema Ticket

$6.29 ARS 9,128

$4.10 COP 15.4K

53.41%

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

$220 ARS 319.9K

$306 COP 1.2M

-28.05%

International Primary School, 1 Child (Yearly)

$2,653 ARS 3.9M

$5,899 COP 22.2M

-55.03%

Jeans (Levis 501 Or Similar)

$72.7 ARS 105.5K

$59.8 COP 225.1K

21.45%

Summer Dress (H&M, Zara, etc)

$70.5 ARS 102.3K

$31.96 COP 120.3K

120.43%

Sport Shoes (Adidas, Nike)

$114 ARS 166.0K

$103 COP 386.5K

11.32%

Men's Leather Business Shoes

$114 ARS 165.3K

$108 COP 405.9K

5.52%

1-bedroom Apartment, City Center (Monthly)

$331 ARS 480.7K

$483 COP 1.8M

-31.51%

1-bedroom Apartment, Outside City Center (Monthly)

$242 ARS 350.9K

$377 COP 1.4M

-35.98%

3-bedroom Apartment, City Center (Monthly)

$670 ARS 972.4K

$822 COP 3.1M

-18.50%

3-bedroom Apartment, Outside City Center (Monthly)

$537 ARS 779.5K

$721 COP 2.7M

-25.55%

Buy Apartment in City Center (m2)

$1,922 ARS 2.8M

$2,784 COP 10.5M

-30.95%

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

Average Monthly Net Salary (After Tax)

$538 COP 2.0M

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: March 1, 2026

Last update for Medellin: March 3, 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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