Cost of Living Comparison Between Herceg Novi and Medellin Cost of Living Comparison Between Herceg Novi and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,282 in Herceg Novi versus $1,716 in Medellin.

Estimated couple costs with rent: $2,079 in Herceg Novi versus $2,527 in Medellin.

Monthly costs for a family of three with rent: $2,876 in Herceg Novi versus $3,338 in Medellin.

Living in Herceg Novi costs roughly 25% less than in Medellin, driven mainly by Groceries & Markets.

The two cities straddle the global median: Herceg Novi is 7% below, Medellin is 25% above.

Meal at Budget Restaurant

$11.40 €9.80

$8.03 COP 25.2K

41.97%

Three-Course Dinner for Two, Mid-Range

$38.04 €32.71

$48.26 COP 151.7K

-21.18%

Fast Food Meal (McDonalds, etc)

$9.14 €7.86

$9.77 COP 30.7K

-6.45%

Cappuccino

$2.61 €2.24

$2.91 COP 9,149

-10.31%

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

$2.56 €2.20

$1.94 COP 6,110

31.96%

Water (0.33 liter bottle)

$1.64 €1.41

$1.52 COP 4,783

7.89%

Local Beer (0.5 liter draught)

$2.92 €2.51

$3.09 COP 9,721

-5.50%

Imported Beer (0.33 liter bottle)

$3.53 €3.03

$5.74 COP 18.1K

-38.50%

Milk (1 liter)

$1.20 €1.03

$1.36 COP 4,287

-11.76%

White Bread (500g)

$1.00 €0.86

$2.39 COP 7,505

-58.16%

Rice (white) (1kg)

$2.94 €2.53

$1.70 COP 5,346

72.94%

Eggs

$3.10 €2.66

$2.87 COP 9,021

8.01%

Local Cheese (1kg)

$9.19 €7.90

$9.94 COP 31.2K

-7.55%

Chicken Fillets (1kg)

$7.43 €6.39

$10.78 COP 33.9K

-31.08%

Beef Round Steak (1kg)

$13.00 €11.18

$14.73 COP 46.3K

-11.74%

Apples (1kg)

$1.34 €1.15

$4.09 COP 12.8K

-67.24%

Banana (1kg)

$1.57 €1.35

$1.57 COP 4,940

Oranges (1kg)

$1.67 €1.44

$2.13 COP 6,682

-21.60%

Tomato (1kg)

$2.99 €2.57

$2.21 COP 6,959

35.29%

Potato (1kg)

$0.91 €0.78

$2.05 COP 6,435

-55.61%

Onion (1kg)

$1.36 €1.17

$1.50 COP 4,728

-9.33%

Lettuce (1 head)

$1.50 €1.29

$1.19 COP 3,740

26.05%

Water (1.5 liter bottle)

$0.99 €0.85

$1.16 COP 3,640

-14.66%

Cigarettes 20 Pack (Marlboro, Camel)

$4.00 €3.44

$3.90 COP 12.2K

2.56%

Wine (Bottle)

$4.53 €3.90

$14.44 COP 45.4K

-68.63%

Local Beer (0.5 liter bottle)

$1.32 €1.14

$1.58 COP 4,978

-16.46%

Imported Beer (0.33 liter bottle)

$1.84 €1.59

$2.83 COP 8,889

-34.98%

One-way Ticket (Public Transport)

$1.79 €1.54

$1.17 COP 3,672

52.99%

Public Transport Monthly Pass (Regular Price)

$47.38 €40.73

$77.7 COP 244.3K

-39.05%

Taxi Start (Normal Tariff)

$3.10 €2.66

$1.28 COP 4,038

142.19%

Taxi (Normal Tariff) (1km)

$1.18 €1.02

$2.09 COP 6,576

-43.54%

Taxi 1hour Waiting (Normal Tariff)

$17.63 €15.15

$8.62 COP 27.1K

104.52%

Gasoline (1 liter)

$1.80 €1.55

$1.30 COP 4,080

38.46%

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

$33.8K €29.0K

$27.7K COP 86.9M

22.07%

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

$21.8K €18.8K

$35.5K COP 111.6M

-38.50%

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

$137 €118

$176 COP 553.4K

-22.05%

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

$13.28 €11.42

$13.37 COP 42.0K

-0.67%

Internet (50+ Mbps, Unlimited Data)

$35.68 €30.67

$29.89 COP 94.0K

19.37%

Gym Membership (Monthly)

$57.8 €49.67

$44.76 COP 140.7K

29.09%

Tennis Court (1 Hour on Weekend)

$11.71 €10.07

$17.06 COP 53.6K

-31.36%

Cinema Ticket

$8.31 €7.14

$6.20 COP 19.5K

34.03%

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

$466 €400

$793 COP 2.5M

-41.31%

International Primary School, 1 Child (Yearly)

$7,235 €6,220

$9,019 COP 28.4M

-19.78%

Jeans (Levis 501 Or Similar)

$85.9 €73.9

$85.6 COP 269.1K

0.34%

Summer Dress (H&M, Zara, etc)

$35.37 €30.41

$58.5 COP 183.8K

-39.51%

Sport Shoes (Adidas, Nike)

$74.6 €64.2

$136 COP 428.4K

-45.25%

Men's Leather Business Shoes

$97.7 €84.0

$103 COP 324.1K

-5.25%

1-bedroom Apartment, City Center (Monthly)

$682 €587

$1,060 COP 3.3M

-35.60%

1-bedroom Apartment, Outside City Center (Monthly)

$415 €357

$680 COP 2.1M

-38.92%

3-bedroom Apartment, City Center (Monthly)

$1,303 €1,120

$2,012 COP 6.3M

-35.25%

3-bedroom Apartment, Outside City Center (Monthly)

$927 €797

$1,169 COP 3.7M

-20.65%

Buy Apartment in City Center (m2)

$3,887 €3,342

$4,111 COP 12.9M

-5.45%

Buy Apartment Outside City Center (m2)

$2,457 €2,112

$1,701 COP 5.3M

44.41%

Average Monthly Net Salary (After Tax)

$1,069 €919

$665 COP 2.1M

60.68%

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: August 31, 2026

Last update for Medellin: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $682 in Herceg Novi and $1,060 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: $38.00 in Herceg Novi vs $48.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $230 vs $303 per month, with Herceg Novi cheaper across the board.

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 34% in total monthly costs ($1,282 vs $1,716 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: $682 in Herceg Novi versus $1,060 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 32% 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 $38.00 versus $48.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,282 in Herceg Novi versus $1,716 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 34% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.