Cost of Living Comparison Between Hafnarfjordur and Medellin Cost of Living Comparison Between Hafnarfjordur and Medellin

😐 Solo nomad: Hafnarfjordur is 211.6% more expensive than Medellin without rent, and 260.2% more expensive with rent.

😐 Family of 3: Hafnarfjordur is 206% more expensive than Medellin without rent, and 219.2% more expensive with rent.

Meal at Budget Restaurant

$27.08 ISK 3,389

$6.03 COP 22.7K

349.09%

Three-Course Dinner for Two, Mid-Range

$146 ISK 18.2K

$33.17 COP 124.7K

338.92%

Fast Food Meal (McDonalds, etc)

$16.50 ISK 2,065

$7.29 COP 27.4K

126.34%

Cappuccino

$6.20 ISK 775

$1.63 COP 6,128

280.37%

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

$3.36 ISK 421

$1.05 COP 3,944

220.00%

Water (0.33 liter bottle)

$2.64 ISK 330

$0.77 COP 2,896

242.86%

Local Beer (0.5 liter draught)

$12.84 ISK 1,606

$1.73 COP 6,505

642.20%

Imported Beer (0.33 liter bottle)

$11.42 ISK 1,429

$3.18 COP 12.0K

259.12%

Milk (1 liter)

$1.69 ISK 211

$1.07 COP 4,012

57.94%

White Bread (500g)

$4.36 ISK 545

$1.31 COP 4,931

232.82%

Rice (white) (1kg)

$3.56 ISK 445

$1.38 COP 5,191

157.97%

Eggs

$6.41 ISK 802

$2.25 COP 8,450

184.89%

Local Cheese (1kg)

$17.79 ISK 2,225

$4.48 COP 16.9K

297.10%

Chicken Fillets (1kg)

$24.17 ISK 3,025

$5.74 COP 21.6K

321.08%

Beef Round Steak (1kg)

$42.16 ISK 5,276

$8.86 COP 33.3K

375.85%

Apples (1kg)

$3.23 ISK 404

$2.24 COP 8,431

44.20%

Banana (1kg)

$2.36 ISK 295

$1.06 COP 3,985

122.64%

Oranges (1kg)

$3.02 ISK 378

$1.51 COP 5,693

100.00%

Tomato (1kg)

$4.92 ISK 615

$1.36 COP 5,115

261.76%

Potato (1kg)

$3.59 ISK 449

$1.12 COP 4,215

220.54%

Onion (1kg)

$2.45 ISK 306

$1.17 COP 4,397

109.40%

Lettuce (1 head)

$3.16 ISK 396

$0.90 COP 3,392

251.11%

Water (1.5 liter bottle)

$1.99 ISK 249

$0.84 COP 3,147

136.90%

Cigarettes 20 Pack (Marlboro, Camel)

$13.78 ISK 1,724

$2.26 COP 8,494

509.73%

Wine (Bottle)

$24.14 ISK 3,020

$9.97 COP 37.5K

142.13%

Local Beer (0.5 liter bottle)

$3.58 ISK 448

$1.18 COP 4,448

203.39%

Imported Beer (0.33 liter bottle)

$3.25 ISK 407

$2.39 COP 8,986

35.98%

One-way Ticket (Public Transport)

$4.94 ISK 618

$0.86 COP 3,230

474.42%

Public Transport Monthly Pass (Regular Price)

$84.2 ISK 10.5K

$41.45 COP 155.9K

103.11%

Taxi Start (Normal Tariff)

$6.17 ISK 772

$1.47 COP 5,517

319.73%

Taxi (Normal Tariff) (1km)

$2.65 ISK 332

$1.95 COP 7,317

35.90%

Taxi 1hour Waiting (Normal Tariff)

$84.8 ISK 10.6K

$7.76 COP 29.2K

992.65%

Gasoline (1 liter)

$2.44 ISK 305

$0.97 COP 3,637

151.55%

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

$47.2K ISK 5.9M

$17.9K COP 67.5M

163.20%

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

$53.1K ISK 6.6M

$26.7K COP 100.5M

98.66%

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

$68.3 ISK 8,551

$81.1 COP 305.0K

-15.74%

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

$27.37 ISK 3,425

$9.40 COP 35.4K

191.17%

Internet (50+ Mbps, Unlimited Data)

$86.7 ISK 10.8K

$23.61 COP 88.8K

267.26%

Gym Membership (Monthly)

$64.5 ISK 8,073

$25.55 COP 96.0K

152.52%

Tennis Court (1 Hour on Weekend)

$19.29 COP 72.5K

Cinema Ticket

$16.42 ISK 2,054

$4.10 COP 15.4K

300.49%

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

$325 ISK 40.7K

$306 COP 1.2M

6.25%

International Primary School, 1 Child (Yearly)

$30.3K ISK 3.8M

$5,899 COP 22.2M

413.87%

Jeans (Levis 501 Or Similar)

$121 ISK 15.1K

$59.8 COP 224.9K

101.55%

Summer Dress (H&M, Zara, etc)

$62.1 ISK 7,769

$31.96 COP 120.2K

94.27%

Sport Shoes (Adidas, Nike)

$120 ISK 15.0K

$103 COP 386.2K

16.82%

Men's Leather Business Shoes

$262 ISK 32.8K

$108 COP 405.6K

142.81%

1-bedroom Apartment, City Center (Monthly)

$2,438 ISK 305.1K

$483 COP 1.8M

404.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,980 ISK 247.8K

$377 COP 1.4M

424.84%

3-bedroom Apartment, City Center (Monthly)

$3,271 ISK 409.3K

$822 COP 3.1M

298.12%

3-bedroom Apartment, Outside City Center (Monthly)

$2,522 ISK 315.6K

$721 COP 2.7M

249.82%

Buy Apartment in City Center (m2)

$7,005 ISK 876.5K

$2,784 COP 10.5M

151.62%

Buy Apartment Outside City Center (m2)

$7,010 ISK 877.2K

$1,320 COP 5.0M

431.04%

Average Monthly Net Salary (After Tax)

$4,758 ISK 595.3K

$538 COP 2.0M

784.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.43

-28.29%

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

Last update for Hafnarfjordur: March 2, 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

Similar cities

Singapore

🇸🇬 Singapore

Seattle, WA

🇺🇸 United States

Los Angeles, CA

🇺🇸 United States

Miami, FL

🇺🇸 United States

Washington, DC

🇺🇸 United States

Reykjavik

🇮🇸 Iceland

Basel

🇨🇭 Switzerland

Lausanne

🇨🇭 Switzerland