Cost of Living Comparison Between Kopavogur and Medellin Cost of Living Comparison Between Kopavogur and Medellin

😐 Solo nomad: Kopavogur is 227.7% more expensive than Medellin without rent, and 65.6% more expensive with rent.

😐 Family of 3: Kopavogur is 174.2% more expensive than Medellin without rent, and 85.9% more expensive with rent.

Meal at Budget Restaurant

$27.01 ISK 3,402

$5.97 COP 21.9K

352.43%

Three-Course Dinner for Two, Mid-Range

$95.2 ISK 12.0K

$32.40 COP 119.0K

193.67%

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,873

$7.13 COP 26.2K

219.92%

Cappuccino

$5.99 ISK 755

$1.65 COP 6,043

263.03%

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

$2.07 ISK 260

$1.06 COP 3,882

95.28%

Water (0.33 liter bottle)

$2.61 ISK 329

$0.77 COP 2,839

238.96%

Local Beer (0.5 liter draught)

$10.39 ISK 1,309

$1.75 COP 6,418

493.71%

Imported Beer (0.33 liter bottle)

$11.12 ISK 1,401

$3.06 COP 11.2K

263.40%

Milk (1 liter)

$1.71 ISK 215

$1.10 COP 4,026

55.45%

White Bread (500g)

$4.30 ISK 542

$1.30 COP 4,771

230.77%

Rice (white) (1kg)

$3.74 ISK 471

$1.34 COP 4,905

179.10%

Eggs

$6.23 ISK 785

$2.26 COP 8,299

175.66%

Local Cheese (1kg)

$17.88 ISK 2,253

$4.50 COP 16.5K

297.33%

Chicken Fillets (1kg)

$24.24 ISK 3,053

$5.80 COP 21.3K

317.93%

Beef Round Steak (1kg)

$42.31 ISK 5,329

$8.96 COP 32.9K

372.21%

Apples (1kg)

$3.25 ISK 409

$2.37 COP 8,691

37.13%

Banana (1kg)

$2.54 ISK 319

$1.07 COP 3,939

137.38%

Oranges (1kg)

$2.97 ISK 375

$1.48 COP 5,418

100.68%

Tomato (1kg)

$4.86 ISK 613

$1.36 COP 5,011

257.35%

Potato (1kg)

$3.52 ISK 443

$1.13 COP 4,135

211.50%

Onion (1kg)

$2.37 ISK 298

$1.13 COP 4,161

109.73%

Lettuce (1 head)

$3.17 ISK 399

$0.89 COP 3,274

256.18%

Water (1.5 liter bottle)

$1.99 ISK 251

$0.85 COP 3,114

134.12%

Cigarettes 20 Pack (Marlboro, Camel)

$13.54 ISK 1,706

$2.28 COP 8,361

493.86%

Wine (Bottle)

$23.57 ISK 2,970

$10.15 COP 37.3K

132.22%

Local Beer (0.5 liter bottle)

$3.61 ISK 455

$1.19 COP 4,359

203.36%

Imported Beer (0.33 liter bottle)

$3.38 ISK 425

$2.40 COP 8,828

40.83%

One-way Ticket (Public Transport)

$4.35 ISK 547

$0.84 COP 3,074

417.86%

Public Transport Monthly Pass (Regular Price)

$73.6 ISK 9,274

$40.85 COP 150.0K

80.22%

Taxi Start (Normal Tariff)

$5.71 ISK 719

$1.48 COP 5,417

285.81%

Taxi (Normal Tariff) (1km)

$2.65 ISK 334

$1.89 COP 6,949

40.21%

Taxi 1hour Waiting (Normal Tariff)

$87.0 ISK 11.0K

$8.05 COP 29.5K

980.12%

Gasoline (1 liter)

$2.44 ISK 307

$0.94 COP 3,455

159.57%

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

$47.5K ISK 6.0M

$17.7K COP 65.1M

167.68%

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

$52.7K ISK 6.6M

$26.4K COP 96.8M

100.08%

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

$89.4 ISK 11.3K

$81.9 COP 300.7K

9.15%

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

$26.93 ISK 3,392

$9.54 COP 35.0K

182.29%

Internet (50+ Mbps, Unlimited Data)

$86.0 ISK 10.8K

$23.68 COP 87.0K

263.34%

Gym Membership (Monthly)

$69.4 ISK 8,747

$25.85 COP 94.9K

168.63%

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$16.39 ISK 2,065

$4.05 COP 14.9K

304.69%

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

$318 ISK 40.1K

$316 COP 1.2M

0.81%

International Primary School, 1 Child (Yearly)

$30.5K ISK 3.8M

$5,971 COP 21.9M

411.39%

Jeans (Levis 501 Or Similar)

$140 ISK 17.7K

$59.0 COP 216.4K

138.27%

Summer Dress (H&M, Zara, etc)

$52.1 ISK 6,560

$32.49 COP 119.3K

60.30%

Sport Shoes (Adidas, Nike)

$160 ISK 20.2K

$99.9 COP 366.7K

60.58%

Men's Leather Business Shoes

$269 ISK 33.9K

$108 COP 394.9K

150.06%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

Buy Apartment in City Center (m2)

$5,943 ISK 748.6K

$3,019 COP 11.1M

96.82%

Buy Apartment Outside City Center (m2)

$5,918 ISK 745.5K

$1,332 COP 4.9M

344.29%

Average Monthly Net Salary (After Tax)

$5,169 ISK 651.2K

$517 COP 1.9M

899.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

13.43

-28.29%

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

Last update for Kopavogur: January 13, 2026

Last update for Medellin: January 12, 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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