Cost of Living Comparison Between Keflavik and Medellin Cost of Living Comparison Between Keflavik and Medellin

šŸ˜ Solo nomad: Keflavik is 173.6% more expensive than Medellin without rent, and 181.3% more expensive with rent.
šŸ˜ Family of 3: Keflavik is 148.2% more expensive than Medellin without rent, and 176.4% more expensive with rent.
Currency
šŸ½ Eating Out
Keflavik
Medellin
Difference
Meal at Budget Restaurant
$24.37 ISKĀ 3,049
$6.03 COPĀ 22.8K
304.15%
Three-Course Dinner for Two, Mid-Range
$143 ISKĀ 17.9K
$33.17 COPĀ 125.6K
330.87%
Fast Food Meal (McDonalds, etc)
$20.19 ISKĀ 2,527
$7.29 COPĀ 27.6K
176.95%
Cappuccino
$3.99 ISKĀ 499
$1.63 COPĀ 6,170
144.79%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.20 ISKĀ 400
$1.05 COPĀ 3,971
204.76%
Water (0.33 liter bottle)
$2.51 ISKĀ 314
$0.77 COPĀ 2,916
225.97%
Local Beer (0.5 liter draught)
$8.22 ISKĀ 1,029
$1.73 COPĀ 6,550
375.14%
Imported Beer (0.33 liter bottle)
$7.89 ISKĀ 987
$3.18 COPĀ 12.0K
148.11%
šŸ›’ Groceries & Markets
Keflavik
Medellin
Difference
Milk (1 liter)
$1.96 ISKĀ 246
$1.07 COPĀ 4,040
83.18%
White Bread (500g)
$4.31 ISKĀ 539
$1.31 COPĀ 4,965
229.01%
Rice (white) (1kg)
$2.36 ISKĀ 295
$1.38 COPĀ 5,227
71.01%
Eggs
$6.21 ISKĀ 777
$2.25 COPĀ 8,509
176.00%
Local Cheese (1kg)
$17.93 ISKĀ 2,244
$4.48 COPĀ 17.0K
300.22%
Chicken Fillets (1kg)
$23.44 ISKĀ 2,933
$5.74 COPĀ 21.7K
308.36%
Beef Round Steak (1kg)
$43.07 ISKĀ 5,390
$8.86 COPĀ 33.6K
386.12%
Apples (1kg)
$2.39 ISKĀ 299
$2.24 COPĀ 8,490
6.70%
Banana (1kg)
$2.40 ISKĀ 300
$1.06 COPĀ 4,012
126.42%
Oranges (1kg)
$2.46 ISKĀ 307
$1.51 COPĀ 5,732
62.91%
Tomato (1kg)
$4.06 ISKĀ 508
$1.36 COPĀ 5,151
198.53%
Potato (1kg)
$3.18 ISKĀ 397
$1.12 COPĀ 4,244
183.93%
Onion (1kg)
$2.04 ISKĀ 255
$1.17 COPĀ 4,427
74.36%
Lettuce (1 head)
$3.13 ISKĀ 391
$0.90 COPĀ 3,416
247.78%
Water (1.5 liter bottle)
$1.92 ISKĀ 241
$0.84 COPĀ 3,169
128.57%
Cigarettes 20 Pack (Marlboro, Camel)
$13.59 ISKĀ 1,701
$2.26 COPĀ 8,553
501.33%
Wine (Bottle)
$16.49 ISKĀ 2,063
$9.97 COPĀ 37.8K
65.40%
Local Beer (0.5 liter bottle)
$3.75 ISKĀ 470
$1.18 COPĀ 4,479
217.80%
Imported Beer (0.33 liter bottle)
$2.74 ISKĀ 343
$2.39 COPĀ 9,048
14.64%
šŸšŒ Getting Around
Keflavik
Medellin
Difference
One-way Ticket (Public Transport)
$3.56 ISKĀ 446
$0.86 COPĀ 3,253
313.95%
Public Transport Monthly Pass (Regular Price)
$74.1 ISKĀ 9,271
$41.45 COPĀ 156.9K
78.75%
Taxi Start (Normal Tariff)
$6.27 ISKĀ 784
$1.47 COPĀ 5,555
326.53%
Taxi (Normal Tariff) (1km)
$2.29 ISKĀ 286
$1.95 COPĀ 7,367
17.44%
Taxi 1hour Waiting (Normal Tariff)
$86.6 ISKĀ 10.8K
$7.76 COPĀ 29.4K
1016.49%
Gasoline (1 liter)
$2.43 ISKĀ 304
$0.97 COPĀ 3,663
150.52%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$47.6K ISKĀ 6.0M
$17.9K COPĀ 68.0M
165.28%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$53.0K ISKĀ 6.6M
$26.7K COPĀ 101.2M
98.29%
šŸ§¾ Monthly Utilities & Internet
Keflavik
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$88.8 ISKĀ 11.1K
$81.1 COPĀ 307.1K
9.49%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$27.97 ISKĀ 3,500
$9.40 COPĀ 35.6K
197.55%
Internet (50+ Mbps, Unlimited Data)
$85.5 ISKĀ 10.7K
$23.61 COPĀ 89.4K
262.09%
šŸŽ‰ Sport & Entertainment
Keflavik
Medellin
Difference
Gym Membership (Monthly)
-
$25.55 COPĀ 96.7K
-
Tennis Court (1 Hour on Weekend)
-
$19.29 COPĀ 73.0K
-
Cinema Ticket
$17.26 ISKĀ 2,160
$4.10 COPĀ 15.5K
320.98%
šŸ§ø Childcare & Education
Keflavik
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$323 ISKĀ 40.5K
$306 COPĀ 1.2M
5.67%
International Primary School, 1 Child (Yearly)
$30.4K ISKĀ 3.8M
$5,899 COPĀ 22.3M
415.16%
šŸ‘•šŸ‘Ÿ Clothing & Footwear
Keflavik
Medellin
Difference
Jeans (Levis 501 Or Similar)
$139 ISKĀ 17.4K
$59.8 COPĀ 226.5K
132.83%
Summer Dress (H&M, Zara, etc)
$61.3 ISKĀ 7,673
$31.96 COPĀ 121.0K
91.86%
Sport Shoes (Adidas, Nike)
$180 ISKĀ 22.6K
$103 COPĀ 388.8K
75.65%
Men's Leather Business Shoes
$191 ISKĀ 23.9K
$108 COPĀ 408.4K
77.25%
šŸ  Accommodation & Living
Keflavik
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$1,866 ISKĀ 233.5K
$483 COPĀ 1.8M
286.14%
1-bedroom Apartment, Outside City Center (Monthly)
$1,319 ISKĀ 165.1K
$377 COPĀ 1.4M
249.58%
3-bedroom Apartment, City Center (Monthly)
$2,415 ISKĀ 302.2K
$822 COPĀ 3.1M
193.98%
3-bedroom Apartment, Outside City Center (Monthly)
$2,043 ISKĀ 255.7K
$721 COPĀ 2.7M
183.39%
Buy Apartment in City Center (m2)
-
$2,784 COPĀ 10.5M
-
Buy Apartment Outside City Center (m2)
-
$1,320 COPĀ 5.0M
-
šŸ’µ Salaries & Financials
Keflavik
Medellin
Difference
Average Monthly Net Salary (After Tax)
$3,742 ISKĀ 468.3K
$538 COPĀ 2.0M
596.04%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.63
13.43
-28.29%

CityCost data is based on AI and user input ā€“ minor inaccuracies may occur.

Last update for Keflavik: March 2, 2026

Last update for Medellin: March 3, 2026

City Median Internet Speeds Comparison (Updated December 2025)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index

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