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

😐 Solo nomad: Formosa is 6.5% more expensive than Medellin without rent, and 5.7% cheaper with rent.

😐 Family of 3: Formosa is 20.1% more expensive than Medellin without rent, and 0.9% cheaper with rent.

Meal at Budget Restaurant

$10.41 ARS 14.2K

$6.14 COP 22.1K

69.54%

Three-Course Dinner for Two, Mid-Range

$34.38 ARS 46.8K

$33.05 COP 119.0K

4.02%

Fast Food Meal (McDonalds, etc)

$9.27 ARS 12.6K

$7.32 COP 26.4K

26.64%

Cappuccino

$2.75 ARS 3,736

$1.66 COP 5,971

65.66%

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

$1.71 ARS 2,323

$1.10 COP 3,977

55.45%

Water (0.33 liter bottle)

$1.50 ARS 2,046

$0.78 COP 2,815

92.31%

Local Beer (0.5 liter draught)

$2.10 ARS 2,854

$1.71 COP 6,172

22.81%

Imported Beer (0.33 liter bottle)

$2.93 ARS 3,984

$3.17 COP 11.4K

-7.57%

Milk (1 liter)

$1.25 ARS 1,704

$1.11 COP 4,002

12.61%

White Bread (500g)

$1.62 ARS 2,204

$1.31 COP 4,707

23.66%

Rice (white) (1kg)

$2.03 ARS 2,762

$1.38 COP 4,967

47.10%

Eggs

$2.16 ARS 2,941

$2.22 COP 7,989

-2.70%

Local Cheese (1kg)

$9.90 ARS 13.5K

$4.34 COP 15.6K

128.11%

Chicken Fillets (1kg)

$6.37 ARS 8,660

$5.80 COP 20.9K

9.83%

Beef Round Steak (1kg)

$9.39 ARS 12.8K

$8.98 COP 32.3K

4.57%

Apples (1kg)

$2.03 ARS 2,756

$2.26 COP 8,143

-10.18%

Banana (1kg)

$2.06 ARS 2,798

$1.11 COP 4,013

85.59%

Oranges (1kg)

$1.25 ARS 1,704

$1.46 COP 5,271

-14.38%

Tomato (1kg)

$2.62 ARS 3,563

$1.37 COP 4,916

91.24%

Potato (1kg)

$1.14 ARS 1,551

$1.11 COP 3,999

2.70%

Onion (1kg)

$1.25 ARS 1,702

$1.16 COP 4,188

7.76%

Lettuce (1 head)

$1.27 ARS 1,731

$0.89 COP 3,202

42.70%

Water (1.5 liter bottle)

$1.49 ARS 2,033

$0.87 COP 3,116

71.26%

Cigarettes 20 Pack (Marlboro, Camel)

$3.10 ARS 4,219

$2.35 COP 8,473

31.91%

Wine (Bottle)

$4.28 ARS 5,817

$10.86 COP 39.1K

-60.59%

Local Beer (0.5 liter bottle)

$2.01 ARS 2,740

$1.20 COP 4,319

67.50%

Imported Beer (0.33 liter bottle)

$3.15 ARS 4,280

$2.48 COP 8,923

27.02%

One-way Ticket (Public Transport)

$0.77 ARS 1,048

$0.79 COP 2,835

-2.53%

Public Transport Monthly Pass (Regular Price)

$40.77 COP 146.8K

Taxi Start (Normal Tariff)

$1.53 ARS 2,078

$1.42 COP 5,124

7.75%

Taxi (Normal Tariff) (1km)

$0.91 ARS 1,240

$1.91 COP 6,882

-52.36%

Taxi 1hour Waiting (Normal Tariff)

$5.82 ARS 7,922

$7.65 COP 27.5K

-23.92%

Gasoline (1 liter)

$1.06 ARS 1,442

$0.97 COP 3,481

9.28%

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

$27.5K ARS 37.4M

$18.1K COP 65.2M

51.94%

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

$30.6K ARS 41.7M

$26.3K COP 94.7M

16.44%

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

$66.0 ARS 89.7K

$81.3 COP 292.8K

-18.84%

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

$17.06 ARS 23.2K

$9.63 COP 34.7K

77.15%

Internet (50+ Mbps, Unlimited Data)

$22.98 ARS 31.2K

$24.36 COP 87.7K

-5.67%

Gym Membership (Monthly)

$26.39 ARS 35.9K

$26.02 COP 93.7K

1.42%

Tennis Court (1 Hour on Weekend)

$13.69 ARS 18.6K

$18.92 COP 68.1K

-27.64%

Cinema Ticket

$6.28 ARS 8,535

$3.89 COP 14.0K

61.44%

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

$224 ARS 304.9K

$304 COP 1.1M

-26.28%

International Primary School, 1 Child (Yearly)

$2,713 ARS 3.7M

$5,902 COP 21.3M

-54.03%

Jeans (Levis 501 Or Similar)

$72.6 ARS 98.8K

$58.7 COP 211.3K

23.77%

Summer Dress (H&M, Zara, etc)

$68.5 ARS 93.2K

$32.48 COP 116.9K

110.96%

Sport Shoes (Adidas, Nike)

$117 ARS 158.6K

$102 COP 366.3K

14.60%

Men's Leather Business Shoes

$113 ARS 154.1K

$108 COP 389.4K

4.76%

1-bedroom Apartment, City Center (Monthly)

$337 ARS 458.5K

$474 COP 1.7M

-28.91%

1-bedroom Apartment, Outside City Center (Monthly)

$239 ARS 325.5K

$371 COP 1.3M

-35.45%

3-bedroom Apartment, City Center (Monthly)

$688 ARS 935.5K

$848 COP 3.1M

-18.88%

3-bedroom Apartment, Outside City Center (Monthly)

$547 ARS 743.3K

$716 COP 2.6M

-23.72%

Buy Apartment in City Center (m2)

$2,219 ARS 3.0M

$2,871 COP 10.3M

-22.73%

Buy Apartment Outside City Center (m2)

$1,375 COP 5.0M

Average Monthly Net Salary (After Tax)

$542 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: April 13, 2026

Last update for Medellin: April 13, 2026

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

Formosa vs other spots: cost of living compared

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