Cost of Living Comparison Between Iksan and Medellin Cost of Living Comparison Between Iksan and Medellin

Monthly Cost of Living

A single person spends $1,382 per month in Iksan vs $1,017 in Medellin, rent included.

A couple spends around $2,207 per month in Iksan vs $1,602 in Medellin, rent included.

A family of three spends $3,033 per month in Iksan vs $2,188 in Medellin, rent included.

Iksan costs about 36% more than Medellin, driven mainly by Groceries & Markets.

Iksan sits 3% above the global median, while Medellin is 24% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$7.35 ₩11.2K

$5.95 COP 20.8K

23.53%

Three-Course Dinner for Two, Mid-Range

$36.58 ₩55.5K

$33.33 COP 116.3K

9.75%

Fast Food Meal (McDonalds, etc)

$5.30 ₩8,055

$7.23 COP 25.2K

-26.69%

Cappuccino

$3.88 ₩5,885

$1.63 COP 5,687

138.04%

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

$1.60 ₩2,427

$1.09 COP 3,821

46.79%

Water (0.33 liter bottle)

$0.85 ₩1,291

$0.73 COP 2,548

16.44%

Local Beer (0.5 liter draught)

$3.39 ₩5,155

$1.74 COP 6,065

94.83%

Imported Beer (0.33 liter bottle)

$4.83 ₩7,333

$3.23 COP 11.3K

49.54%

Milk (1 liter)

$2.22 ₩3,378

$1.05 COP 3,662

111.43%

White Bread (500g)

$3.09 ₩4,696

$1.29 COP 4,515

139.53%

Rice (white) (1kg)

$3.03 ₩4,605

$1.32 COP 4,617

129.55%

Eggs

$2.85 ₩4,332

$2.27 COP 7,927

25.55%

Local Cheese (1kg)

$10.35 ₩15.7K

$4.35 COP 15.2K

137.93%

Chicken Fillets (1kg)

$8.37 ₩12.7K

$5.88 COP 20.5K

42.35%

Beef Round Steak (1kg)

$27.96 ₩42.5K

$8.61 COP 30.0K

224.74%

Apples (1kg)

$7.87 ₩12.0K

$2.25 COP 7,844

249.78%

Banana (1kg)

$3.13 ₩4,750

$1.07 COP 3,733

192.52%

Oranges (1kg)

$5.40 ₩8,206

$1.52 COP 5,322

255.26%

Tomato (1kg)

$5.23 ₩7,938

$1.42 COP 4,964

268.31%

Potato (1kg)

$3.90 ₩5,919

$1.17 COP 4,084

233.33%

Onion (1kg)

$2.92 ₩4,437

$1.17 COP 4,077

149.57%

Lettuce (1 head)

$2.21 ₩3,359

$0.89 COP 3,096

148.31%

Water (1.5 liter bottle)

$1.16 ₩1,757

$0.90 COP 3,146

28.89%

Cigarettes 20 Pack (Marlboro, Camel)

$3.33 ₩5,050

$2.25 COP 7,837

48.00%

Wine (Bottle)

$16.52 ₩25.1K

$11.04 COP 38.5K

49.64%

Local Beer (0.5 liter bottle)

$1.82 ₩2,763

$1.14 COP 3,977

59.65%

Imported Beer (0.33 liter bottle)

$3.38 ₩5,131

$2.38 COP 8,301

42.02%

One-way Ticket (Public Transport)

$1.07 ₩1,621

$0.84 COP 2,916

27.38%

Public Transport Monthly Pass (Regular Price)

$41.95 COP 146.4K

Taxi Start (Normal Tariff)

$3.47 ₩5,264

$1.41 COP 4,912

146.10%

Taxi (Normal Tariff) (1km)

$0.56 ₩851

$1.90 COP 6,634

-70.53%

Taxi 1hour Waiting (Normal Tariff)

$8.70 ₩13.2K

$7.75 COP 27.0K

12.26%

Gasoline (1 liter)

$1.17 ₩1,778

$1.01 COP 3,509

15.84%

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

$27.6K ₩41.8M

$17.6K COP 61.4M

56.73%

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

$25.4K ₩38.6M

$26.5K COP 92.5M

-4.00%

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

$163 ₩247.1K

$83.7 COP 292.1K

94.43%

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

$34.64 ₩52.6K

$9.45 COP 33.0K

266.56%

Internet (50+ Mbps, Unlimited Data)

$22.31 ₩33.9K

$24.11 COP 84.1K

-7.47%

Gym Membership (Monthly)

$48.23 ₩73.2K

$25.31 COP 88.3K

90.56%

Tennis Court (1 Hour on Weekend)

$19.14 COP 66.8K

Cinema Ticket

$11.13 ₩16.9K

$4.10 COP 14.3K

171.46%

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

$419 ₩635.5K

$312 COP 1.1M

34.16%

International Primary School, 1 Child (Yearly)

$23.2K ₩35.3M

$5,993 COP 20.9M

287.88%

Jeans (Levis 501 Or Similar)

$59.5 ₩90.3K

$58.0 COP 202.6K

2.45%

Summer Dress (H&M, Zara, etc)

$47.15 ₩71.6K

$32.56 COP 113.6K

44.81%

Sport Shoes (Adidas, Nike)

$78.2 ₩118.7K

$99.6 COP 347.7K

-21.54%

Men's Leather Business Shoes

$115 ₩174.3K

$109 COP 378.8K

5.75%

1-bedroom Apartment, City Center (Monthly)

$461 ₩700.8K

$482 COP 1.7M

-4.32%

1-bedroom Apartment, Outside City Center (Monthly)

$375 ₩569.4K

$379 COP 1.3M

-1.19%

3-bedroom Apartment, City Center (Monthly)

$1,072 ₩1.6M

$837 COP 2.9M

28.05%

3-bedroom Apartment, Outside City Center (Monthly)

$771 ₩1.2M

$723 COP 2.5M

6.68%

Buy Apartment in City Center (m2)

$9,012 ₩13.7M

$2,840 COP 9.9M

217.36%

Buy Apartment Outside City Center (m2)

$4,589 ₩7.0M

$1,223 COP 4.3M

275.24%

Average Monthly Net Salary (After Tax)

$1,524 ₩2.3M

$541 COP 1.9M

181.79%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

13.43

-69.17%

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

Last update for Iksan: June 9, 2026

Last update for Medellin: June 8, 2026

Cost Breakdown

A central one-bedroom costs $461 in Iksan versus $482 in Medellin. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 182% higher in Iksan, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $37.00 in Iksan versus $33.00 in Medellin. Monthly groceries follow the same trend: $429 vs $190 – making Medellin the more affordable choice for daily food spending.

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

Iksan vs Medellin: Cost of Living - Frequently Asked Questions

Iksan costs about 36% more than Medellin, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,073 per month in Iksan and $1,525 in Medellin. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $37.00 in Iksan and $33.00 in Medellin. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 126% more in Iksan, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Medellin, where all-in costs run around $1,017, than in Iksan at $1,382. In Medellin it covers expenses comfortably, while in Iksan it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Medellin costs $1,017 versus $1,382 in Iksan. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Medellin. If higher salaries, better infrastructure, or specific career opportunities are the priority, Iksan makes more sense. Both are solid long-term options with distinct trade-offs.