Cost of Living Comparison Between Medellin and Drangsnes Cost of Living Comparison Between Medellin and Drangsnes

🙂 Solo nomad: Medellin is 62.2% cheaper than Drangsnes without rent, and 38.6% cheaper with rent.

🙂 Family of 3: Medellin is 68.3% cheaper than Drangsnes without rent, and 48.1% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$27.25 ISK 3,400

-77.14%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$145 ISK 18.1K

-77.66%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$22.21 ISK 2,771

-66.73%

Cappuccino

$1.72 COP 7,155

$6.18 ISK 771

-72.17%

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

$1.1 COP 4,575

$3.26 ISK 406

-66.26%

Water (0.33 liter bottle)

$0.73 COP 3,060

$2.55 ISK 318

-71.37%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$12.72 ISK 1,586

-86.95%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$11.13 ISK 1,388

-71.25%

Milk (1 liter)

$1.09 COP 4,552

$1.94 ISK 242

-43.81%

White Bread (500g)

$1.24 COP 5,188

$4.16 ISK 519

-70.19%

Rice (white) (1kg)

$1.33 COP 5,544

$3.72 ISK 464

-64.25%

Eggs

$2.22 COP 9,252

$6.35 ISK 792

-65.04%

Local Cheese (1kg)

$4.55 COP 19K

$18.17 ISK 2,267

-74.96%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$23.98 ISK 2,992

-76.19%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$42.93 ISK 5,356

-79.99%

Apples (1kg)

$2.26 COP 9,410

$3.26 ISK 406

-30.67%

Banana (1kg)

$1.07 COP 4,461

$2.45 ISK 305

-56.33%

Oranges (1kg)

$1.51 COP 6,293

$3.13 ISK 390

-51.76%

Tomato (1kg)

$1.42 COP 5,911

$5.02 ISK 626

-71.71%

Potato (1kg)

$1.11 COP 4,619

$3.62 ISK 452

-69.34%

Onion (1kg)

$1.18 COP 4,932

$2.36 ISK 294

-50.00%

Lettuce (1 head)

$0.89 COP 3,718

$3.02 ISK 376

-70.53%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.93 ISK 241

-56.48%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$13.42 ISK 1,674

-82.49%

Wine (Bottle)

$9.34 COP 38.9K

$24.3 ISK 3,031

-61.56%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$3.56 ISK 444

-66.85%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.33 ISK 416

-25.23%

One-way Ticket (Public Transport)

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$6.29 ISK 785

-77.58%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$2.54 ISK 317

-22.83%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$85.3 ISK 10.6K

-90.80%

Gasoline (1 liter)

$1.02 COP 4,265

$2.48 ISK 309

-58.87%

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

$17.6K COP 73.4M

$48K ISK 6M

-63.36%

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

$26.2K COP 109.2M

$51.2K ISK 6.4M

-48.87%

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

$82.5 COP 344.1K

$87.5 ISK 10.9K

-5.63%

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

$9.44 COP 39.4K

$27.31 ISK 3,407

-65.43%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$86.4 ISK 10.8K

-72.78%

Gym Membership (Monthly)

$25.68 COP 107.1K

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$17.67 ISK 2,204

-77.59%

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

$305 COP 1.3M

$319 ISK 39.8K

-4.37%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$30.4K ISK 3.8M

-80.52%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$141 ISK 17.6K

-58.99%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$61.8 ISK 7,708

-48.88%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$185 ISK 23.1K

-44.26%

Men's Leather Business Shoes

$106 COP 440.5K

$267 ISK 33.4K

-60.49%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$6,036 ISK 753.1K

-90.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

9.63

39.46%

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

Last update for Medellin: October 28, 2025

Last update for Drangsnes: October 28, 2025

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