Cost of Living Comparison Between Homagama and Medellin Cost of Living Comparison Between Homagama and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $479 in Homagama versus $1,687 in Medellin.

Estimated couple costs with rent: $739 in Homagama versus $2,535 in Medellin.

Monthly costs for a family of three with rent: $999 in Homagama versus $3,383 in Medellin.

Living in Homagama costs roughly 72% less than in Medellin, driven mainly by Clothing & Footwear.

The two cities straddle the global median: Homagama is 65% below, Medellin is 23% above.

Meal at Budget Restaurant

$4.29 LKR 1,414

$7.89 COP 24.2K

-45.63%

Three-Course Dinner for Two, Mid-Range

$24.90 LKR 8,214

$44.53 COP 136.5K

-44.08%

Fast Food Meal (McDonalds, etc)

$7.65 LKR 2,523

$9.29 COP 28.5K

-17.65%

Cappuccino

$2.45 LKR 808

$2.90 COP 8,874

-15.52%

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

$0.67 LKR 222

$1.81 COP 5,541

-62.98%

Water (0.33 liter bottle)

$0.27 LKR 89.9

$1.55 COP 4,741

-82.58%

Local Beer (0.5 liter draught)

$2.20 LKR 725

$3.25 COP 9,962

-32.31%

Imported Beer (0.33 liter bottle)

$3.01 LKR 994

$5.88 COP 18.0K

-48.81%

Milk (1 liter)

$0.91 LKR 300

$1.38 COP 4,230

-34.06%

White Bread (500g)

$0.50 LKR 166

$2.45 COP 7,517

-79.59%

Rice (white) (1kg)

$0.52 LKR 170

$1.51 COP 4,617

-65.56%

Eggs

$1.56 LKR 514

$2.78 COP 8,516

-43.88%

Local Cheese (1kg)

$12.74 LKR 4,203

$9.05 COP 27.7K

40.77%

Chicken Fillets (1kg)

$3.24 LKR 1,067

$10.65 COP 32.6K

-69.58%

Beef Round Steak (1kg)

$7.21 LKR 2,377

$14.63 COP 44.8K

-50.72%

Apples (1kg)

$6.68 LKR 2,202

$3.97 COP 12.2K

68.26%

Banana (1kg)

$0.78 LKR 258

$1.38 COP 4,219

-43.48%

Oranges (1kg)

$4.44 LKR 1,464

$2.30 COP 7,056

93.04%

Tomato (1kg)

$1.22 LKR 402

$2.02 COP 6,185

-39.60%

Potato (1kg)

$1.00 LKR 330

$2.09 COP 6,390

-52.15%

Onion (1kg)

$0.78 LKR 256

$1.63 COP 4,996

-52.15%

Lettuce (1 head)

$0.86 LKR 284

$1.08 COP 3,313

-20.37%

Water (1.5 liter bottle)

$0.47 LKR 154

$1.25 COP 3,843

-62.40%

Cigarettes 20 Pack (Marlboro, Camel)

$9.95 LKR 3,281

$4.03 COP 12.4K

146.90%

Wine (Bottle)

$11.85 LKR 3,908

$13.47 COP 41.3K

-12.03%

Local Beer (0.5 liter bottle)

$1.77 LKR 585

$1.60 COP 4,904

10.62%

Imported Beer (0.33 liter bottle)

$2.07 LKR 682

$3.00 COP 9,189

-31.00%

One-way Ticket (Public Transport)

$0.47 LKR 155

$1.18 COP 3,611

-60.17%

Public Transport Monthly Pass (Regular Price)

$79.9 COP 244.9K

Taxi Start (Normal Tariff)

$0.37 LKR 123

$1.61 COP 4,920

-77.02%

Taxi (Normal Tariff) (1km)

$0.35 LKR 114

$2.13 COP 6,533

-83.57%

Taxi 1hour Waiting (Normal Tariff)

$0.93 LKR 308

$8.52 COP 26.1K

-89.08%

Gasoline (1 liter)

$1.10 LKR 364

$1.35 COP 4,142

-18.52%

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

$13.5K LKR 4.4M

$28.3K COP 86.8M

-52.43%

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

$20.6K LKR 6.8M

$35.7K COP 109.4M

-42.23%

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

$20.92 LKR 6,901

$151 COP 463.8K

-86.18%

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

$3.07 LKR 1,012

$13.10 COP 40.1K

-76.56%

Internet (50+ Mbps, Unlimited Data)

$20.69 LKR 6,827

$32.30 COP 99.0K

-35.94%

Gym Membership (Monthly)

$7.36 LKR 2,430

$46.33 COP 141.9K

-84.11%

Tennis Court (1 Hour on Weekend)

$17.26 COP 52.9K

Cinema Ticket

$4.07 LKR 1,343

$6.43 COP 19.7K

-36.70%

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

$37.97 LKR 12.5K

$835 COP 2.6M

-95.45%

International Primary School, 1 Child (Yearly)

$1,195 LKR 394.1K

$8,887 COP 27.2M

-86.56%

Jeans (Levis 501 Or Similar)

$19.38 LKR 6,391

$89.3 COP 273.7K

-78.31%

Summer Dress (H&M, Zara, etc)

$11.91 LKR 3,930

$55.3 COP 169.5K

-78.47%

Sport Shoes (Adidas, Nike)

$23.51 LKR 7,757

$137 COP 418.5K

-82.79%

Men's Leather Business Shoes

$26.75 LKR 8,825

$109 COP 335.1K

-75.54%

1-bedroom Apartment, City Center (Monthly)

$134 LKR 44.3K

$952 COP 2.9M

-85.88%

1-bedroom Apartment, Outside City Center (Monthly)

$60.0 LKR 19.8K

$668 COP 2.0M

-91.03%

3-bedroom Apartment, City Center (Monthly)

$2,020 COP 6.2M

3-bedroom Apartment, Outside City Center (Monthly)

$1,148 COP 3.5M

Buy Apartment in City Center (m2)

$3,696 COP 11.3M

Buy Apartment Outside City Center (m2)

$1,586 COP 4.9M

Average Monthly Net Salary (After Tax)

$148 LKR 48.7K

$625 COP 1.9M

-76.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.69

10.43

21.67%

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

Last update for Homagama: August 15, 2026

Last update for Medellin: August 17, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $134 in Homagama and $952 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 324% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $25.00 in Homagama vs $45.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $211 vs $297 per month, with Homagama 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

Homagama vs Medellin: Cost of Living - Frequently Asked Questions

Homagama is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Monthly Utilities & Internet, Sport & Entertainment. The 252% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 324% lower in Medellin. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $134 in Homagama versus $952 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $37.97 in Homagama versus $835 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Homagama – a meal for two runs $25.00 versus $45.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $479 in Homagama versus $1,687 in Medellin, a $1,500 budget is realistic in Homagama but tight or insufficient in Medellin. The gap between the two cities makes Homagama the clear choice for anyone on this budget.

For families, Homagama is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Homagama 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 Homagama gentler on the wallet – expenses run 252% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.