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: $481 in Homagama versus $1,589 in Medellin.

Estimated couple costs with rent: $740 in Homagama versus $2,364 in Medellin.

Monthly costs for a family of three with rent: $1,000 in Homagama versus $3,139 in Medellin.

Living in Homagama costs roughly 70% less than in Medellin, driven mainly by Clothing & Footwear.

The two cities straddle the global median: Homagama is 64% below, Medellin is 19% above.

Meal at Budget Restaurant

$4.52 LKR 1,495

$8.01 COP 25.9K

-43.57%

Three-Course Dinner for Two, Mid-Range

$23.77 LKR 7,865

$46.55 COP 150.8K

-48.94%

Fast Food Meal (McDonalds, etc)

$7.69 LKR 2,546

$9.43 COP 30.6K

-18.45%

Cappuccino

$2.49 LKR 825

$2.91 COP 9,432

-14.43%

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

$0.69 LKR 228

$1.75 COP 5,678

-60.57%

Water (0.33 liter bottle)

$0.27 LKR 90.0

$1.32 COP 4,289

-79.55%

Local Beer (0.5 liter draught)

$2.17 LKR 717

$3.13 COP 10.1K

-30.67%

Imported Beer (0.33 liter bottle)

$2.97 LKR 982

$5.55 COP 18.0K

-46.49%

Milk (1 liter)

$0.88 LKR 292

$1.41 COP 4,570

-37.59%

White Bread (500g)

$0.53 LKR 176

$2.44 COP 7,907

-78.28%

Rice (white) (1kg)

$0.52 LKR 173

$1.63 COP 5,278

-68.10%

Eggs

$1.65 LKR 545

$2.82 COP 9,140

-41.49%

Local Cheese (1kg)

$13.89 LKR 4,596

$9.69 COP 31.4K

43.34%

Chicken Fillets (1kg)

$3.33 LKR 1,102

$9.32 COP 30.2K

-64.27%

Beef Round Steak (1kg)

$7.39 LKR 2,446

$13.46 COP 43.6K

-45.10%

Apples (1kg)

$6.64 LKR 2,196

$4.00 COP 13.0K

66.00%

Banana (1kg)

$0.79 LKR 260

$1.48 COP 4,797

-46.62%

Oranges (1kg)

$4.53 LKR 1,500

$2.12 COP 6,881

113.68%

Tomato (1kg)

$1.27 LKR 419

$2.25 COP 7,298

-43.56%

Potato (1kg)

$1.00 LKR 331

$1.91 COP 6,193

-47.64%

Onion (1kg)

$0.80 LKR 263

$1.62 COP 5,247

-50.62%

Lettuce (1 head)

$0.88 LKR 291

$1.15 COP 3,719

-23.48%

Water (1.5 liter bottle)

$0.47 LKR 156

$1.26 COP 4,088

-62.70%

Cigarettes 20 Pack (Marlboro, Camel)

$10.20 LKR 3,376

$3.82 COP 12.4K

167.02%

Wine (Bottle)

$12.29 LKR 4,065

$13.11 COP 42.5K

-6.25%

Local Beer (0.5 liter bottle)

$1.84 LKR 610

$1.60 COP 5,168

15.00%

Imported Beer (0.33 liter bottle)

$2.14 LKR 708

$2.26 COP 7,308

-5.31%

One-way Ticket (Public Transport)

$0.47 LKR 155

$1.17 COP 3,793

-59.83%

Public Transport Monthly Pass (Regular Price)

$75.0 COP 243.0K

Taxi Start (Normal Tariff)

$0.34 LKR 114

$1.27 COP 4,123

-73.23%

Taxi (Normal Tariff) (1km)

$0.37 LKR 124

$2.05 COP 6,640

-81.95%

Taxi 1hour Waiting (Normal Tariff)

$0.92 LKR 305

$8.20 COP 26.6K

-88.78%

Gasoline (1 liter)

$1.09 LKR 359

$1.27 COP 4,113

-14.17%

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

$13.4K LKR 4.4M

$26.8K COP 86.7M

-50.11%

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

$21.6K LKR 7.1M

$34.4K COP 111.5M

-37.32%

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

$21.16 LKR 7,003

$162 COP 525.5K

-86.96%

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

$3.02 LKR 999

$13.12 COP 42.5K

-76.98%

Internet (50+ Mbps, Unlimited Data)

$20.88 LKR 6,911

$28.09 COP 91.0K

-25.67%

Gym Membership (Monthly)

$7.72 LKR 2,554

$44.33 COP 143.6K

-82.59%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.9K

Cinema Ticket

$4.28 LKR 1,416

$6.09 COP 19.7K

-29.72%

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

$37.29 LKR 12.3K

$764 COP 2.5M

-95.12%

International Primary School, 1 Child (Yearly)

$1,192 LKR 394.4K

$8,904 COP 28.8M

-86.61%

Jeans (Levis 501 Or Similar)

$18.02 LKR 5,964

$85.0 COP 275.3K

-78.79%

Summer Dress (H&M, Zara, etc)

$12.08 LKR 3,999

$57.5 COP 186.2K

-78.99%

Sport Shoes (Adidas, Nike)

$24.18 LKR 8,002

$132 COP 426.9K

-81.65%

Men's Leather Business Shoes

$27.68 LKR 9,158

$95.8 COP 310.2K

-71.09%

1-bedroom Apartment, City Center (Monthly)

$137 LKR 45.3K

$1,028 COP 3.3M

-86.68%

1-bedroom Apartment, Outside City Center (Monthly)

$60.8 LKR 20.1K

$604 COP 2.0M

-89.93%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.8M

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

Buy Apartment in City Center (m2)

$3,921 COP 12.7M

Buy Apartment Outside City Center (m2)

$1,639 COP 5.3M

Average Monthly Net Salary (After Tax)

$150 LKR 49.7K

$626 COP 2.0M

-76.01%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.69

10.94

16.00%

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

Last update for Homagama: October 3, 2026

Last update for Medellin: October 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $137 in Homagama and $1,028 in Medellin. Housing cost is often the main lever when comparing two cities.

Medellin pays 317% 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: $24.00 in Homagama vs $47.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $218 vs $288 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 230% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 317% 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: $137 in Homagama versus $1,028 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $37.29 in Homagama versus $764 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 $24.00 versus $47.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $481 in Homagama versus $1,589 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 230% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.