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: $501 in Homagama versus $1,028 in Medellin.

Estimated couple costs with rent: $791 in Homagama versus $1,586 in Medellin.

Monthly costs for a family of three with rent: $1,081 in Homagama versus $2,144 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

$3.96 LKR 1,318

$6.00 COP 20.6K

-34.00%

Three-Course Dinner for Two, Mid-Range

$24.98 LKR 8,318

$32.84 COP 112.5K

-23.93%

Fast Food Meal (McDonalds, etc)

$8.40 LKR 2,798

$7.42 COP 25.4K

13.21%

Cappuccino

$2.62 LKR 873

$1.65 COP 5,659

58.79%

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

$0.73 LKR 242

$1.07 COP 3,663

-31.78%

Water (0.33 liter bottle)

$0.37 LKR 124

$0.76 COP 2,607

-51.32%

Local Beer (0.5 liter draught)

$2.39 LKR 794

$1.72 COP 5,908

38.95%

Imported Beer (0.33 liter bottle)

$3.31 LKR 1,104

$3.20 COP 11.0K

3.44%

Milk (1 liter)

$1.30 LKR 432

$1.05 COP 3,597

23.81%

White Bread (500g)

$0.56 LKR 186

$1.31 COP 4,479

-57.25%

Rice (white) (1kg)

$0.64 LKR 213

$1.34 COP 4,591

-52.24%

Eggs

$2.00 LKR 665

$2.19 COP 7,521

-8.68%

Local Cheese (1kg)

$14.32 LKR 4,770

$4.41 COP 15.1K

224.72%

Chicken Fillets (1kg)

$4.11 LKR 1,368

$5.69 COP 19.5K

-27.77%

Beef Round Steak (1kg)

$8.07 LKR 2,688

$8.52 COP 29.2K

-5.28%

Apples (1kg)

$7.37 LKR 2,454

$2.34 COP 8,023

214.96%

Banana (1kg)

$1.03 LKR 343

$1.11 COP 3,804

-7.21%

Oranges (1kg)

$5.74 LKR 1,912

$1.52 COP 5,210

277.63%

Tomato (1kg)

$1.20 LKR 401

$1.37 COP 4,680

-12.41%

Potato (1kg)

$1.14 LKR 380

$1.15 COP 3,950

-0.87%

Onion (1kg)

$0.99 LKR 329

$1.18 COP 4,043

-16.10%

Lettuce (1 head)

$1.14 LKR 379

$0.84 COP 2,885

35.71%

Water (1.5 liter bottle)

$0.49 LKR 162

$0.86 COP 2,931

-43.02%

Cigarettes 20 Pack (Marlboro, Camel)

$10.02 LKR 3,338

$2.26 COP 7,753

343.36%

Wine (Bottle)

$12.13 LKR 4,040

$11.60 COP 39.8K

4.57%

Local Beer (0.5 liter bottle)

$2.04 LKR 680

$1.20 COP 4,109

70.00%

Imported Beer (0.33 liter bottle)

$2.35 LKR 784

$2.48 COP 8,484

-5.24%

One-way Ticket (Public Transport)

$0.52 LKR 173

$0.79 COP 2,721

-34.18%

Public Transport Monthly Pass (Regular Price)

$40.83 COP 139.9K

Taxi Start (Normal Tariff)

$0.39 LKR 129

$1.47 COP 5,023

-73.47%

Taxi (Normal Tariff) (1km)

$0.35 LKR 117

$1.92 COP 6,568

-81.77%

Taxi 1hour Waiting (Normal Tariff)

$0.62 LKR 205

$7.77 COP 26.6K

-92.02%

Gasoline (1 liter)

$1.20 LKR 399

$1.01 COP 3,464

18.81%

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

$14.8K LKR 4.9M

$17.7K COP 60.5M

-16.27%

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

$23.3K LKR 7.8M

$26.5K COP 90.7M

-11.94%

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

$23.79 LKR 7,924

$81.1 COP 277.9K

-70.67%

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

$3.33 LKR 1,108

$9.43 COP 32.3K

-64.69%

Internet (50+ Mbps, Unlimited Data)

$15.03 LKR 5,004

$23.86 COP 81.8K

-37.01%

Gym Membership (Monthly)

$6.54 LKR 2,178

$25.99 COP 89.1K

-74.84%

Tennis Court (1 Hour on Weekend)

$3.41 LKR 1,135

$18.71 COP 64.1K

-81.77%

Cinema Ticket

$3.42 LKR 1,140

$4.09 COP 14.0K

-16.38%

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

$37.28 LKR 12.4K

$315 COP 1.1M

-88.15%

International Primary School, 1 Child (Yearly)

$446 LKR 148.4K

$6,022 COP 20.6M

-92.60%

Jeans (Levis 501 Or Similar)

$27.33 LKR 9,101

$59.7 COP 204.6K

-54.22%

Summer Dress (H&M, Zara, etc)

$13.36 LKR 4,447

$31.97 COP 109.6K

-58.21%

Sport Shoes (Adidas, Nike)

$27.10 LKR 9,025

$101 COP 346.9K

-73.23%

Men's Leather Business Shoes

$30.19 LKR 10.1K

$105 COP 360.3K

-71.28%

1-bedroom Apartment, City Center (Monthly)

$108 LKR 36.0K

$485 COP 1.7M

-77.73%

1-bedroom Apartment, Outside City Center (Monthly)

$50.9 LKR 17.0K

$365 COP 1.3M

-86.05%

3-bedroom Apartment, City Center (Monthly)

$827 COP 2.8M

3-bedroom Apartment, Outside City Center (Monthly)

$730 COP 2.5M

Buy Apartment in City Center (m2)

$2,992 COP 10.3M

Buy Apartment Outside City Center (m2)

$1,314 COP 4.5M

Average Monthly Net Salary (After Tax)

$153 LKR 50.8K

$551 COP 1.9M

-72.31%

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: June 14, 2026

Last update for Medellin: June 15, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $108 in Homagama and $485 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 261% 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 $244 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 Eating Out, Clothing & Footwear, Monthly Utilities & Internet, Sport & Entertainment, Getting Around. The 105% gap adds up to real monthly savings that compound significantly over time.

On paper, Medellin earns 261% 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: $108 in Homagama versus $485 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $37.28 in Homagama versus $315 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 $501 in Homagama versus $1,028 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 105% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.