Cost of Living Comparison Between Larissa and Medellin Cost of Living Comparison Between Larissa and Medellin

Monthly Cost of Living

Monthly costs for one person with rent: $1,490 in Larissa versus $1,003 in Medellin.

Estimated couple costs with rent: $2,238 in Larissa versus $1,573 in Medellin.

Monthly costs for a family of three with rent: $2,985 in Larissa versus $2,143 in Medellin.

Living in Larissa is roughly 49% more expensive than in Medellin, driven mainly by Eating Out.

The two cities straddle the global median: Larissa is 12% above, Medellin is 25% below.

Meal at Budget Restaurant

$13.23 €11.53

$5.91 COP 18.9K

123.86%

Three-Course Dinner for Two, Mid-Range

$57.8 €50.4

$32.96 COP 105.2K

75.42%

Fast Food Meal (McDonalds, etc)

$9.45 €8.23

$7.43 COP 23.7K

27.19%

Cappuccino

$4.15 €3.62

$1.65 COP 5,276

151.52%

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

$1.70 €1.48

$1.10 COP 3,514

54.55%

Water (0.33 liter bottle)

$0.59 €0.52

$0.78 COP 2,491

-24.36%

Local Beer (0.5 liter draught)

$5.69 €4.96

$1.72 COP 5,484

230.81%

Imported Beer (0.33 liter bottle)

$5.65 €4.92

$3.18 COP 10.1K

77.67%

Milk (1 liter)

$1.48 €1.29

$1.10 COP 3,521

34.55%

White Bread (500g)

$1.63 €1.42

$1.26 COP 4,015

29.37%

Rice (white) (1kg)

$2.21 €1.92

$1.38 COP 4,407

60.14%

Eggs

$4.09 €3.57

$2.18 COP 6,950

87.61%

Local Cheese (1kg)

$13.59 €11.85

$4.49 COP 14.3K

202.67%

Chicken Fillets (1kg)

$9.81 €8.55

$5.79 COP 18.5K

69.43%

Beef Round Steak (1kg)

$12.98 €11.32

$8.97 COP 28.6K

44.70%

Apples (1kg)

$2.33 €2.03

$2.32 COP 7,405

0.43%

Banana (1kg)

$1.85 €1.61

$1.06 COP 3,397

74.53%

Oranges (1kg)

$1.08 €0.94

$1.52 COP 4,838

-28.95%

Tomato (1kg)

$2.02 €1.76

$1.36 COP 4,327

48.53%

Potato (1kg)

$1.07 €0.93

$1.13 COP 3,599

-5.31%

Onion (1kg)

$1.28 €1.11

$1.17 COP 3,738

9.40%

Lettuce (1 head)

$1.00 €0.87

$0.90 COP 2,876

11.11%

Water (1.5 liter bottle)

$0.48 €0.42

$0.90 COP 2,861

-46.67%

Cigarettes 20 Pack (Marlboro, Camel)

$5.23 €4.56

$2.23 COP 7,128

134.53%

Wine (Bottle)

$6.72 €5.86

$12.12 COP 38.7K

-44.55%

Local Beer (0.5 liter bottle)

$1.62 €1.41

$1.19 COP 3,793

36.13%

Imported Beer (0.33 liter bottle)

$2.40 €2.10

$2.48 COP 7,920

-3.23%

One-way Ticket (Public Transport)

$1.41 €1.23

$0.85 COP 2,723

65.88%

Public Transport Monthly Pass (Regular Price)

$47.08 €41.04

$41.62 COP 132.8K

13.12%

Taxi Start (Normal Tariff)

$7.38 €6.44

$1.42 COP 4,518

419.72%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,223

Taxi 1hour Waiting (Normal Tariff)

$13.88 €12.10

$7.89 COP 25.2K

75.92%

Gasoline (1 liter)

$2.09 €1.82

$0.99 COP 3,160

111.11%

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

$34.2K €29.8K

$17.6K COP 56.2M

94.14%

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

$29.2K €25.4K

$26.8K COP 85.5M

8.90%

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

$350 €305

$83.0 COP 264.9K

321.38%

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

$23.35 €20.35

$9.70 COP 30.9K

140.72%

Internet (50+ Mbps, Unlimited Data)

$31.44 €27.41

$23.52 COP 75.0K

33.67%

Gym Membership (Monthly)

$45.24 €39.44

$25.26 COP 80.6K

79.10%

Tennis Court (1 Hour on Weekend)

$26.18 €22.82

$19.10 COP 60.9K

37.07%

Cinema Ticket

$9.55 €8.33

$3.95 COP 12.6K

141.77%

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

$515 €449

$316 COP 1.0M

63.23%

International Primary School, 1 Child (Yearly)

$5,498 €4,794

$5,975 COP 19.1M

-7.97%

Jeans (Levis 501 Or Similar)

$113 €98.2

$60.0 COP 191.4K

87.73%

Summer Dress (H&M, Zara, etc)

$39.27 €34.24

$31.82 COP 101.5K

23.41%

Sport Shoes (Adidas, Nike)

$102 €88.7

$102 COP 324.4K

0.05%

Men's Leather Business Shoes

$95.6 €83.3

$107 COP 342.8K

-11.05%

1-bedroom Apartment, City Center (Monthly)

$396 €345

$475 COP 1.5M

-16.67%

1-bedroom Apartment, Outside City Center (Monthly)

$294 €256

$374 COP 1.2M

-21.34%

3-bedroom Apartment, City Center (Monthly)

$612 €534

$849 COP 2.7M

-27.89%

3-bedroom Apartment, Outside City Center (Monthly)

$523 €456

$719 COP 2.3M

-27.24%

Buy Apartment in City Center (m2)

$2,064 €1,800

$3,265 COP 10.4M

-36.78%

Buy Apartment Outside City Center (m2)

$1,530 €1,334

$1,441 COP 4.6M

6.20%

Average Monthly Net Salary (After Tax)

$1,195 €1,042

$624 COP 2.0M

91.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.34

13.43

-67.68%

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

Last update for Larissa: July 27, 2026

Last update for Medellin: July 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $396 in Larissa and $475 in Medellin. Housing cost is often the main lever when comparing two cities.

Larissa pays 91% 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: $58.0 in Larissa vs $33.00 in Medellin for a mid-range dinner for two. Groceries echo the gap at $264 vs $193 per month, with Medellin cheaper across the board.

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

Larissa vs Medellin: Cost of Living - Frequently Asked Questions

Medellin is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment, Getting Around. The 49% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 91% higher in Larissa, 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: $396 in Larissa versus $475 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 13% less than in Larissa. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $515 in Larissa versus $316 in Medellin. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,003 in Medellin versus $1,490 in Larissa, a $1,500 budget is realistic in Medellin but tight or insufficient in Larissa. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

For families, Medellin is more practical. Housing and childcare are both notably cheaper than in Larissa, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Larissa 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 49% less than in Larissa. Beyond cost, consider language, visa policies, and how big the international community is in each city.