Last update: Oct 2026

Cost of Living Comparison Between Herceg Novi and Medellin

For one person, living is cheaper in Herceg Novi: $1,234 a month against $1,614 in Medellin, rent and utilities included – about $4,600 less a year. Rent and utilities account for most of the difference.

60

Cost of Living Index in Herceg Novi
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Herceg Novi Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Herceg Novi

🇲🇪 Montenegro

$1,234

/mo nomad

Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Monthly Cost of Living

How much you'll spend in Herceg Novi and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Herceg Novi and in Medellin actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,234 in Herceg Novi versus $1,614 in Medellin.

Herceg Novi $1,234
Medellin $1,614

Estimated couple costs with rent: $1,969 in Herceg Novi versus $2,402 in Medellin.

Herceg Novi $1,969
Medellin $2,402

Monthly costs for a family of three with rent: $2,705 in Herceg Novi versus $3,190 in Medellin.

Herceg Novi $2,705
Medellin $3,190

Living in Herceg Novi costs roughly 24% less than in Medellin, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Herceg Novi is 9% below, Medellin is 20% above.

Meal at Budget Restaurant

$11.15 €9.91

$7.93 COP 25.2K

40.61%

Three-Course Dinner for Two, Mid-Range

$36.61 €32.57

$46.13 COP 146.3K

-20.64%

Fast Food Meal (McDonalds, etc)

$9.07 €8.07

$9.50 COP 30.1K

-4.53%

Cappuccino

$2.58 €2.30

$3.11 COP 9,866

-17.04%

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

$2.56 €2.28

$1.83 COP 5,800

39.89%

Water (0.33 liter bottle)

$1.63 €1.45

$1.38 COP 4,360

18.12%

Local Beer (0.5 liter draught)

$2.82 €2.50

$3.05 COP 9,672

-7.54%

Imported Beer (0.33 liter bottle)

$3.43 €3.05

$5.50 COP 17.4K

-37.64%

Milk (1 liter)

$1.19 €1.06

$1.45 COP 4,600

-17.93%

White Bread (500g)

$1.02 €0.90

$2.36 COP 7,496

-56.78%

Rice (white) (1kg)

$2.79 €2.49

$1.68 COP 5,328

66.07%

Eggs

$3.00 €2.67

$2.86 COP 9,077

4.90%

Local Cheese (1kg)

$9.06 €8.06

$10.19 COP 32.3K

-11.09%

Chicken Fillets (1kg)

$7.19 €6.40

$9.53 COP 30.2K

-24.55%

Beef Round Steak (1kg)

$12.92 €11.49

$14.04 COP 44.5K

-7.98%

Apples (1kg)

$1.33 €1.19

$4.07 COP 12.9K

-67.32%

Banana (1kg)

$1.51 €1.34

$1.50 COP 4,742

0.67%

Oranges (1kg)

$1.60 €1.43

$2.17 COP 6,891

-26.27%

Tomato (1kg)

$3.00 €2.67

$2.31 COP 7,310

29.87%

Potato (1kg)

$0.87 €0.78

$1.93 COP 6,113

-54.92%

Onion (1kg)

$1.30 €1.15

$1.64 COP 5,196

-20.73%

Lettuce (1 head)

$1.51 €1.35

$1.13 COP 3,571

33.63%

Water (1.5 liter bottle)

$0.94 €0.84

$1.25 COP 3,954

-24.80%

Cigarettes 20 Pack (Marlboro, Camel)

$3.98 €3.54

$3.99 COP 12.6K

-0.25%

Wine (Bottle)

$4.52 €4.02

$13.35 COP 42.3K

-66.14%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$1.70 COP 5,384

-24.71%

Imported Beer (0.33 liter bottle)

$1.72 €1.53

$2.37 COP 7,525

-27.43%

One-way Ticket (Public Transport)

$1.69 €1.50

$1.21 COP 3,827

39.67%

Public Transport Monthly Pass (Regular Price)

$44.23 €39.34

$76.5 COP 242.5K

-42.18%

Taxi Start (Normal Tariff)

$2.95 €2.62

$1.32 COP 4,179

123.48%

Taxi (Normal Tariff) (1km)

$1.14 €1.02

$2.14 COP 6,774

-46.73%

Taxi 1hour Waiting (Normal Tariff)

$16.48 €14.66

$8.47 COP 26.8K

94.57%

Gasoline (1 liter)

$1.77 €1.57

$1.30 COP 4,114

36.15%

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

$32.2K €28.6K

$28.0K COP 88.7M

14.99%

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

$21.4K €19.1K

$35.4K COP 112.3M

-39.51%

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

$132 €117

$172 COP 545.6K

-23.53%

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

$12.96 €11.53

$13.37 COP 42.4K

-3.07%

Internet (50+ Mbps, Unlimited Data)

$33.87 €30.13

$28.73 COP 91.1K

17.89%

Gym Membership (Monthly)

$55.6 €49.47

$45.24 COP 143.5K

22.94%

Tennis Court (1 Hour on Weekend)

$11.01 €9.79

$17.04 COP 54.0K

-35.39%

Cinema Ticket

$7.60 €6.76

$6.28 COP 19.9K

21.02%

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

$442 €393

$770 COP 2.4M

-42.61%

International Primary School, 1 Child (Yearly)

$7,034 €6,257

$9,011 COP 28.6M

-21.94%

Jeans (Levis 501 Or Similar)

$85.2 €75.8

$86.4 COP 274.0K

-1.45%

Summer Dress (H&M, Zara, etc)

$33.74 €30.01

$57.1 COP 181.1K

-40.94%

Sport Shoes (Adidas, Nike)

$71.6 €63.7

$137 COP 432.9K

-47.58%

Men's Leather Business Shoes

$94.3 €83.9

$97.9 COP 310.4K

-3.71%

1-bedroom Apartment, City Center (Monthly)

$661 €588

$1,055 COP 3.3M

-37.35%

1-bedroom Apartment, Outside City Center (Monthly)

$386 €344

$616 COP 2.0M

-37.26%

3-bedroom Apartment, City Center (Monthly)

$1,227 €1,092

$1,892 COP 6.0M

-35.15%

3-bedroom Apartment, Outside City Center (Monthly)

$872 €776

$1,023 COP 3.2M

-14.75%

Buy Apartment in City Center (m2)

$3,727 €3,315

$4,059 COP 12.9M

-8.17%

Buy Apartment Outside City Center (m2)

$2,355 €2,095

$1,678 COP 5.3M

40.34%

Average Monthly Net Salary (After Tax)

$1,053 €937

$652 COP 2.1M

61.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

-54.30%

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

Last update for Herceg Novi: October 12, 2026

Last update for Medellin: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Herceg Novi

$386 31.3%

Medellin

$616 38.2% 59.4% $229

Groceries & Markets

Herceg Novi

$226 18.3%

Medellin

$295 18.3% 30.5% $69

Eating Out

Herceg Novi

$185 15%

Medellin

$168 10.4% 9% $17

Monthly Utilities & Internet

Herceg Novi

$178 14.5%

Medellin

$214 13.3% 20% $36

Clothing & Footwear

Herceg Novi

$128 10.4%

Medellin

$170 10.5% 32.7% $42

Sport & Entertainment

Herceg Novi

$71 5.7%

Medellin

$58 3.6% 18.4% $13

Getting Around

Herceg Novi

$60 4.8%

Medellin

$93 5.8% 56.5% $34

Cost Breakdown

A one-bedroom apartment in the center runs $661 in Herceg Novi and $1,055 in Medellin. Housing cost is often the main lever when comparing two cities.

Herceg Novi pays 61% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $37.00 in Herceg Novi vs $46.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $226 vs $295 per month, with Herceg Novi cheaper across the board.

Good to know

🇲🇪 Herceg Novi

🇨🇴 Medellin

🕒 Local time

11:23 11:23 AM

04:23 4:23 AM

7 h behind Herceg Novi

🌤 Weather

👥 Population

11,059

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 20, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 20, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

On the map

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Between locations

Herceg Novi Medellin 9,880 km ≈ 13 h nonstop flight

From you

Herceg Novi
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Herceg Novi vs Medellin: Cost of Living - Frequently Asked Questions

Herceg Novi and Medellin differ by about 31% in total monthly costs ($1,234 vs $1,614 including rent). Herceg Novi is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 61% higher in Herceg Novi, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $661 in Herceg Novi versus $1,055 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 31% higher in Medellin. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Herceg Novi – a meal for two runs $37.00 versus $46.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,234 in Herceg Novi versus $1,614 in Medellin, a $2,000 budget is realistic in Herceg Novi but tight or insufficient in Medellin. The gap between the two cities makes Herceg Novi the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Herceg Novi and Medellin are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Herceg Novi gentler on the wallet – expenses run 31% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.