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: $508 in Homagama versus $1,034 in Medellin.

Estimated couple costs with rent: $807 in Homagama versus $1,577 in Medellin.

Monthly costs for a family of three with rent: $1,107 in Homagama versus $2,120 in Medellin.

Living in Homagama costs roughly 51% less than in Medellin, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Homagama 62% lower, Medellin 23% lower.

Meal at Budget Restaurant

$3.91 LKR 1,246

$5.92 COP 21.5K

-33.95%

Three-Course Dinner for Two, Mid-Range

$24.66 LKR 7,856

$32.75 COP 119.1K

-24.70%

Fast Food Meal (McDonalds, etc)

$8.45 LKR 2,691

$7.20 COP 26.2K

17.36%

Cappuccino

$2.72 LKR 866

$1.70 COP 6,186

60.00%

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

$0.68 LKR 216

$1.10 COP 3,996

-38.18%

Water (0.33 liter bottle)

$0.38 LKR 121

$0.72 COP 2,625

-47.22%

Local Beer (0.5 liter draught)

$2.32 LKR 740

$1.67 COP 6,067

38.92%

Imported Beer (0.33 liter bottle)

$3.25 LKR 1,035

$3.10 COP 11.3K

4.84%

Milk (1 liter)

$1.35 LKR 429

$1.06 COP 3,837

27.36%

White Bread (500g)

$0.56 LKR 177

$1.25 COP 4,531

-55.20%

Rice (white) (1kg)

$0.64 LKR 203

$1.39 COP 5,060

-53.96%

Eggs

$2.04 LKR 650

$2.26 COP 8,229

-9.73%

Local Cheese (1kg)

$13.97 LKR 4,451

$4.33 COP 15.8K

222.63%

Chicken Fillets (1kg)

$4.07 LKR 1,296

$5.84 COP 21.2K

-30.31%

Beef Round Steak (1kg)

$7.96 LKR 2,536

$8.83 COP 32.1K

-9.85%

Apples (1kg)

$7.55 LKR 2,405

$2.24 COP 8,159

237.05%

Banana (1kg)

$0.99 LKR 315

$1.08 COP 3,911

-8.33%

Oranges (1kg)

$5.96 LKR 1,900

$1.53 COP 5,563

289.54%

Tomato (1kg)

$1.25 LKR 398

$1.37 COP 4,987

-8.76%

Potato (1kg)

$1.15 LKR 367

$1.13 COP 4,109

1.77%

Onion (1kg)

$0.98 LKR 312

$1.12 COP 4,067

-12.50%

Lettuce (1 head)

$1.19 LKR 379

$0.85 COP 3,080

40.00%

Water (1.5 liter bottle)

$0.51 LKR 164

$0.91 COP 3,305

-43.96%

Cigarettes 20 Pack (Marlboro, Camel)

$10.20 LKR 3,250

$2.33 COP 8,477

337.77%

Wine (Bottle)

$12.77 LKR 4,070

$11.13 COP 40.5K

14.73%

Local Beer (0.5 liter bottle)

$1.96 LKR 624

$1.19 COP 4,342

64.71%

Imported Beer (0.33 liter bottle)

$2.30 LKR 733

$2.37 COP 8,617

-2.95%

One-way Ticket (Public Transport)

$0.49 LKR 156

$0.79 COP 2,859

-37.97%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 149.6K

Taxi Start (Normal Tariff)

$0.39 LKR 123

$1.44 COP 5,223

-72.92%

Taxi (Normal Tariff) (1km)

$0.35 LKR 112

$1.91 COP 6,952

-81.68%

Taxi 1hour Waiting (Normal Tariff)

$0.57 LKR 181

$8.02 COP 29.2K

-92.89%

Gasoline (1 liter)

$1.25 LKR 398

$0.94 COP 3,410

32.98%

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

$15.0K LKR 4.8M

$17.9K COP 65.2M

-16.51%

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

$23.2K LKR 7.4M

$26.8K COP 97.4M

-13.50%

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

$23.32 LKR 7,430

$84.0 COP 305.4K

-72.22%

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

$3.32 LKR 1,059

$9.60 COP 34.9K

-65.42%

Internet (50+ Mbps, Unlimited Data)

$15.29 LKR 4,871

$24.16 COP 87.9K

-36.71%

Gym Membership (Monthly)

$6.57 LKR 2,095

$25.88 COP 94.1K

-74.61%

Tennis Court (1 Hour on Weekend)

$3.38 LKR 1,078

$19.04 COP 69.3K

-82.25%

Cinema Ticket

$3.29 LKR 1,049

$3.92 COP 14.2K

-16.07%

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

$37.35 LKR 11.9K

$306 COP 1.1M

-87.81%

International Primary School, 1 Child (Yearly)

$443 LKR 141.2K

$5,919 COP 21.5M

-92.51%

Jeans (Levis 501 Or Similar)

$27.74 LKR 8,838

$57.9 COP 210.6K

-52.10%

Summer Dress (H&M, Zara, etc)

$13.23 LKR 4,216

$31.82 COP 115.7K

-58.42%

Sport Shoes (Adidas, Nike)

$26.43 LKR 8,420

$99.9 COP 363.3K

-73.54%

Men's Leather Business Shoes

$30.62 LKR 9,755

$107 COP 389.7K

-71.42%

1-bedroom Apartment, City Center (Monthly)

$109 LKR 34.8K

$487 COP 1.8M

-77.56%

1-bedroom Apartment, Outside City Center (Monthly)

$49.90 LKR 15.9K

$368 COP 1.3M

-86.44%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$155 LKR 49.3K

$546 COP 2.0M

-71.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

16.45

13.43

22.49%

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

Last update for Homagama: April 27, 2026

Last update for Medellin: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $109 in Homagama and $487 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 253% 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 $33.00 in Medellin. Groceries flip the comparison at $246 vs $190, with Medellin cheaper for home cooking.

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 Clothing & Footwear, Monthly Utilities & Internet, Sport & Entertainment, Getting Around. The 104% gap adds up to real monthly savings that compound significantly over time.

On paper, Medellin earns 253% less. 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: $109 in Homagama versus $487 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $37.35 in Homagama versus $306 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 $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $508 in Homagama versus $1,034 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 104% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.