Last update: Oct 2026

Cost of Living Comparison Between Jakobstad and Medellin

For one person, living is cheaper in Medellin: $1,625 a month against $1,823 in Jakobstad, rent and utilities included – about $2,400 less a year. The total is higher in Jakobstad despite lower rent and utilities.

88

Cost of Living Index in Jakobstad
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Jakobstad Living Index
79

Cost of Living Index in Medellin
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Medellin Living Index

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Jakobstad

🇫🇮 Finland

$1,823

/mo nomad

Medellin

🇨🇴 Colombia

$1,625

/mo nomad

Monthly Cost of Living

How much you'll spend in Jakobstad and in Medellin

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Jakobstad and in Medellin actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,823 in Jakobstad versus $1,625 in Medellin.

Jakobstad $1,823
Medellin $1,625

Estimated couple costs with rent: $2,826 in Jakobstad versus $2,412 in Medellin.

Jakobstad $2,826
Medellin $2,412

Monthly costs for a family of three with rent: $3,830 in Jakobstad versus $3,199 in Medellin.

Jakobstad $3,830
Medellin $3,199

Living in Jakobstad is roughly 12% more expensive than in Medellin, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Jakobstad 35% above, Medellin 20% above.

Meal at Budget Restaurant

$13.22 €11.75

$8.30 COP 26.3K

59.28%

Three-Course Dinner for Two, Mid-Range

$87.0 €77.4

$46.91 COP 148.7K

85.42%

Fast Food Meal (McDonalds, etc)

$11.84 €10.53

$9.24 COP 29.3K

28.14%

Cappuccino

$5.07 €4.51

$3.05 COP 9,676

66.23%

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

$3.04 €2.71

$1.80 COP 5,707

68.89%

Water (0.33 liter bottle)

$2.02 €1.79

$1.38 COP 4,382

46.38%

Local Beer (0.5 liter draught)

$7.58 €6.74

$3.24 COP 10.3K

133.95%

Imported Beer (0.33 liter bottle)

$8.88 €7.90

$5.56 COP 17.6K

59.71%

Milk (1 liter)

$1.24 €1.11

$1.50 COP 4,760

-17.33%

White Bread (500g)

$2.73 €2.43

$2.37 COP 7,508

15.19%

Rice (white) (1kg)

$2.38 €2.12

$1.70 COP 5,377

40.00%

Eggs

$3.29 €2.92

$2.96 COP 9,379

11.15%

Local Cheese (1kg)

$8.80 €7.83

$10.22 COP 32.4K

-13.89%

Chicken Fillets (1kg)

$14.39 €12.80

$9.74 COP 30.9K

47.74%

Beef Round Steak (1kg)

$21.61 €19.22

$13.90 COP 44.1K

55.47%

Apples (1kg)

$2.29 €2.04

$4.13 COP 13.1K

-44.55%

Banana (1kg)

$2.01 €1.79

$1.53 COP 4,839

31.37%

Oranges (1kg)

$2.49 €2.22

$2.22 COP 7,052

12.16%

Tomato (1kg)

$3.84 €3.42

$2.27 COP 7,194

69.16%

Potato (1kg)

$1.25 €1.12

$1.99 COP 6,311

-37.19%

Onion (1kg)

$1.91 €1.70

$1.67 COP 5,285

14.37%

Lettuce (1 head)

$2.77 €2.46

$1.18 COP 3,742

134.75%

Water (1.5 liter bottle)

$1.95 €1.74

$1.24 COP 3,919

57.26%

Cigarettes 20 Pack (Marlboro, Camel)

$11.43 €10.17

$3.87 COP 12.3K

195.35%

Wine (Bottle)

$16.13 €14.35

$13.78 COP 43.7K

17.05%

Local Beer (0.5 liter bottle)

$3.17 €2.82

$1.66 COP 5,256

90.96%

Imported Beer (0.33 liter bottle)

$3.26 €2.90

$2.40 COP 7,615

35.83%

One-way Ticket (Public Transport)

$3.36 €2.99

$1.24 COP 3,944

170.97%

Public Transport Monthly Pass (Regular Price)

$64.9 €57.8

$78.2 COP 248.0K

-16.98%

Taxi Start (Normal Tariff)

$4.27 €3.80

$1.28 COP 4,044

233.59%

Taxi (Normal Tariff) (1km)

$1.35 €1.20

$2.15 COP 6,803

-37.21%

Taxi 1hour Waiting (Normal Tariff)

$65.7 €58.4

$8.37 COP 26.5K

684.47%

Gasoline (1 liter)

$2.38 €2.12

$1.35 COP 4,288

76.30%

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

$35.9K €32.0K

$34.8K COP 110.2M

3.41%

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

$36.6K €32.6K

$34.7K COP 110.0M

5.53%

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

$131 €116

$167 COP 528.4K

-21.57%

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

$24.58 €21.86

$13.62 COP 43.2K

80.47%

Internet (50+ Mbps, Unlimited Data)

$23.74 €21.12

$29.12 COP 92.3K

-18.48%

Gym Membership (Monthly)

$43.74 €38.90

$45.09 COP 143.0K

-2.99%

Tennis Court (1 Hour on Weekend)

$21.83 €19.42

$17.18 COP 54.5K

27.07%

Cinema Ticket

$18.14 €16.14

$6.97 COP 22.1K

160.26%

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

$332 €295

$790 COP 2.5M

-57.96%

International Primary School, 1 Child (Yearly)

$12.4K €11.0K

$9,041 COP 28.7M

37.23%

Jeans (Levis 501 Or Similar)

$94.5 €84.1

$87.8 COP 278.4K

7.67%

Summer Dress (H&M, Zara, etc)

$48.41 €43.06

$58.2 COP 184.4K

-16.75%

Sport Shoes (Adidas, Nike)

$103 €91.9

$139 COP 440.7K

-25.70%

Men's Leather Business Shoes

$156 €139

$98.9 COP 313.5K

57.78%

1-bedroom Apartment, City Center (Monthly)

$788 €701

$1,028 COP 3.3M

-23.34%

1-bedroom Apartment, Outside City Center (Monthly)

$640 €569

$620 COP 2.0M

3.35%

3-bedroom Apartment, City Center (Monthly)

$1,222 €1,087

$1,881 COP 6.0M

-35.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,024 €911

$1,008 COP 3.2M

1.64%

Buy Apartment in City Center (m2)

$4,117 €3,662

$3,988 COP 12.6M

3.22%

Buy Apartment Outside City Center (m2)

$2,155 €1,917

$1,702 COP 5.4M

26.61%

Average Monthly Net Salary (After Tax)

$2,276 €2,024

$663 COP 2.1M

243.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.51

10.94

-67.92%

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

Last update for Jakobstad: October 19, 2026

Last update for Medellin: October 19, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Jakobstad

$640 35.1%

Medellin

$619 38.1% 3.2% $21

Groceries & Markets

Jakobstad

$375 20.6%

Medellin

$298 18.3% 20.6% $77

Eating Out

Jakobstad

$278 15.3%

Medellin

$171 10.5% 38.5% $107

Clothing & Footwear

Jakobstad

$181 9.9%

Medellin

$173 10.6% 4.6% $8.3

Monthly Utilities & Internet

Jakobstad

$179 9.8%

Medellin

$209 12.9% 17% $30

Getting Around

Jakobstad

$89 4.9%

Medellin

$95 5.9% 6.5% $5.8

Sport & Entertainment

Jakobstad

$80 4.4%

Medellin

$59 3.6% 26.2% $21

Cost Breakdown

A one-bedroom apartment in the center runs $788 in Jakobstad and $1,028 in Medellin. Housing cost is often the main lever when comparing two cities.

Jakobstad pays 243% 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: $87.0 in Jakobstad vs $47.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $375 vs $298 per month, with Medellin cheaper across the board.

Good to know

🇫🇮 Jakobstad

🇨🇴 Medellin

🕒 Local time

13:19 1:19 PM

05:19 5:19 AM

8 h behind Jakobstad

🌤 Weather

👥 Population

19,436

2,486,723

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 22, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 22, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

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Between locations

Jakobstad Medellin 9,790 km ≈ 13 h nonstop flight

From you

Jakobstad
Medellin

Distances are measured in a straight line. Your location is detected approximately.

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

Jakobstad vs Medellin: Cost of Living - Frequently Asked Questions

Jakobstad and Medellin differ by about 12% in total monthly costs ($1,823 vs $1,625 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 243% higher in Jakobstad, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $788 in Jakobstad versus $1,028 in Medellin. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Medellin runs roughly 20% less than in Jakobstad. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $332 in Jakobstad versus $790 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,625 in Medellin versus $1,823 in Jakobstad, a $2,500 budget is realistic in Medellin but tight or insufficient in Jakobstad. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Jakobstad 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 Medellin gentler on the wallet – expenses run 12% less than in Jakobstad. Beyond cost, consider language, visa policies, and how big the international community is in each city.