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Cost of Living Comparison Between Lanzarote and Medellin Cost of Living Comparison Between Lanzarote and Medellin

😐 Solo nomad: Lanzarote is 41.8% more expensive than Medellin without rent, and 64.2% more expensive with rent.
😐 Family of 3: Lanzarote is 36.9% more expensive than Medellin without rent, and 47% more expensive with rent.
Currency
🍽 Eating Out
Lanzarote
Medellin
Difference
Meal at Budget Restaurant
$12.17 €10.48
$5.91 COP 22.5K
105.92%
Three-Course Dinner for Two, Mid-Range
$56.9 €48.99
$32.19 COP 122.7K
76.70%
Fast Food Meal (McDonalds, etc)
$10.46 €9.01
$7.21 COP 27.5K
45.08%
Cappuccino
$2.32 €2
$1.65 COP 6,284
40.61%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.11 €1.82
$1.11 COP 4,224
90.09%
Water (0.33 liter bottle)
$1.21 €1.04
$0.71 COP 2,716
70.42%
Local Beer (0.5 liter draught)
$2.91 €2.51
$1.74 COP 6,637
67.24%
Imported Beer (0.33 liter bottle)
$4.25 €3.66
$3.19 COP 12.2K
33.23%
🛒 Groceries & Markets
Lanzarote
Medellin
Difference
Milk (1 liter)
$1.23 €1.06
$1.1 COP 4,176
11.82%
White Bread (500g)
$1.44 €1.24
$1.3 COP 4,965
10.77%
Rice (white) (1kg)
$2.05 €1.77
$1.39 COP 5,302
47.48%
Eggs
$3.36 €2.9
$2.18 COP 8,302
54.13%
Local Cheese (1kg)
$11.84 €10.2
$4.54 COP 17.3K
160.79%
Chicken Fillets (1kg)
$10.06 €8.66
$5.85 COP 22.3K
71.97%
Beef Round Steak (1kg)
$16.87 €14.53
$8.62 COP 32.8K
95.71%
Apples (1kg)
$2.43 €2.1
$2.24 COP 8,539
8.48%
Banana (1kg)
$2.53 €2.18
$1.07 COP 4,080
136.45%
Oranges (1kg)
$2.32 €2
$1.53 COP 5,822
51.63%
Tomato (1kg)
$2.5 €2.16
$1.41 COP 5,377
77.30%
Potato (1kg)
$1.78 €1.53
$1.12 COP 4,269
58.93%
Onion (1kg)
$2.79 €2.41
$1.14 COP 4,343
144.74%
Lettuce (1 head)
$1.88 €1.62
$0.9 COP 3,418
108.89%
Water (1.5 liter bottle)
$0.9 €0.78
$0.91 COP 3,481
-1.10%
Cigarettes 20 Pack (Marlboro, Camel)
$4.76 €4.1
$2.34 COP 8,932
103.42%
Wine (Bottle)
$6.49 €5.59
$9.94 COP 37.9K
-34.71%
Local Beer (0.5 liter bottle)
$1.61 €1.39
$1.15 COP 4,369
40.00%
Imported Beer (0.33 liter bottle)
$3.67 €3.17
$2.38 COP 9,066
54.20%
🚌 Getting Around
Lanzarote
Medellin
Difference
One-way Ticket (Public Transport)
$1.7 €1.46
$0.81 COP 3,069
109.88%
Public Transport Monthly Pass (Regular Price)
$34.55 €29.76
$40.57 COP 154.6K
-14.84%
Taxi Start (Normal Tariff)
$3.39 €2.92
$1.46 COP 5,572
132.19%
Taxi (Normal Tariff) (1km)
$2.1 €1.81
$1.99 COP 7,570
5.53%
Taxi 1hour Waiting (Normal Tariff)
$23.4 €20.15
$7.96 COP 30.3K
193.97%
Gasoline (1 liter)
$1.66 €1.43
$1.01 COP 3,844
64.36%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$39.2K €33.8K
$17.7K COP 67.3M
122.03%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30K €25.9K
$26.8K COP 102.1M
12.10%
🧾 Monthly Utilities & Internet
Lanzarote
Medellin
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.5 €70.2
$80.8 COP 308K
0.82%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.67 €17.8
$9.39 COP 35.8K
120.13%
Internet (50+ Mbps, Unlimited Data)
$30.15 €25.97
$23.51 COP 89.6K
28.24%
🎉 Sport & Entertainment
Lanzarote
Medellin
Difference
Gym Membership (Monthly)
$48.45 €41.73
$25.61 COP 97.6K
89.18%
Tennis Court (1 Hour on Weekend)
$15.1 €13.01
$18.95 COP 72.2K
-20.32%
Cinema Ticket
$9.51 €8.19
$4.12 COP 15.7K
130.83%
🧸 Childcare & Education
Lanzarote
Medellin
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$520 €448
$306 COP 1.2M
69.62%
International Primary School, 1 Child (Yearly)
$6,317 €5,441
$5,875 COP 22.4M
7.53%
👕👟 Clothing & Footwear
Lanzarote
Medellin
Difference
Jeans (Levis 501 Or Similar)
$104 €89.4
$58.8 COP 224K
76.46%
Summer Dress (H&M, Zara, etc)
$52.8 €45.47
$31.9 COP 121.5K
65.49%
Sport Shoes (Adidas, Nike)
$106 €91.3
$102 COP 387.4K
4.25%
Men's Leather Business Shoes
$149 €128
$108 COP 413K
37.46%
🏠 Accommodation & Living
Lanzarote
Medellin
Difference
1-bedroom Apartment, City Center (Monthly)
$862 €742
$478 COP 1.8M
80.39%
1-bedroom Apartment, Outside City Center (Monthly)
$685 €590
$375 COP 1.4M
82.47%
3-bedroom Apartment, City Center (Monthly)
$1,322 €1,139
$838 COP 3.2M
57.75%
3-bedroom Apartment, Outside City Center (Monthly)
$987 €850
$727 COP 2.8M
35.72%
Buy Apartment in City Center (m2)
$3,287 €2,831
$2,251 COP 8.6M
46.03%
Buy Apartment Outside City Center (m2)
$2,633 €2,267
$1,598 COP 6.1M
64.70%
💵 Salaries & Financials
Lanzarote
Medellin
Difference
Average Monthly Net Salary (After Tax)
$1,768 €1,522
$517 COP 2M
241.79%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
13.43
-74.46%

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

Last update for Lanzarote: December 1, 2025

Last update for Medellin: December 1, 2025

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