Cost of Living Comparison Between Medellin and Egilsstadir Cost of Living Comparison Between Medellin and Egilsstadir

🙂 Solo nomad: Medellin is 0.3% cheaper than Egilsstadir without rent, and 71.2% more expensive with rent.

🙂 Family of 3: Medellin is 5% cheaper than Egilsstadir without rent, and 55.6% more expensive with rent.

Meal at Budget Restaurant

$5.97 COP 21.9K

Three-Course Dinner for Two, Mid-Range

$32.40 COP 119.0K

Fast Food Meal (McDonalds, etc)

$7.13 COP 26.2K

Cappuccino

$1.65 COP 6,043

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

$1.06 COP 3,882

Water (0.33 liter bottle)

$0.77 COP 2,839

Local Beer (0.5 liter draught)

$1.75 COP 6,418

Imported Beer (0.33 liter bottle)

$3.06 COP 11.2K

Milk (1 liter)

$1.10 COP 4,026

$1.65 ISK 208

-33.33%

White Bread (500g)

$1.30 COP 4,771

$2.80 ISK 353

-53.57%

Rice (white) (1kg)

$1.34 COP 4,905

$2.33 ISK 294

-42.49%

Eggs

$2.26 COP 8,299

$5.66 ISK 713

-60.07%

Local Cheese (1kg)

$4.50 COP 16.5K

$21.10 ISK 2,658

-78.67%

Chicken Fillets (1kg)

$5.80 COP 21.3K

$31.18 ISK 3,927

-81.40%

Beef Round Steak (1kg)

$8.96 COP 32.9K

$42.44 ISK 5,346

-78.89%

Apples (1kg)

$2.37 COP 8,691

$2.68 ISK 337

-11.57%

Banana (1kg)

$1.07 COP 3,939

$2.38 ISK 300

-55.04%

Oranges (1kg)

$1.48 COP 5,418

$2.45 ISK 309

-39.59%

Tomato (1kg)

$1.36 COP 5,011

$3.77 ISK 475

-63.93%

Potato (1kg)

$1.13 COP 4,135

$4.27 ISK 538

-73.54%

Onion (1kg)

$1.13 COP 4,161

$2.04 ISK 257

-44.61%

Lettuce (1 head)

$0.89 COP 3,274

$2.12 ISK 267

-58.02%

Water (1.5 liter bottle)

$0.85 COP 3,114

$2.19 ISK 276

-61.19%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,361

Wine (Bottle)

$10.15 COP 37.3K

$21.17 ISK 2,666

-52.05%

Local Beer (0.5 liter bottle)

$1.19 COP 4,359

$3.75 ISK 472

-68.27%

Imported Beer (0.33 liter bottle)

$2.40 COP 8,828

$3.41 ISK 429

-29.62%

One-way Ticket (Public Transport)

$0.84 COP 3,074

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.48 COP 5,417

Taxi (Normal Tariff) (1km)

$1.89 COP 6,949

Taxi 1hour Waiting (Normal Tariff)

$8.05 COP 29.5K

Gasoline (1 liter)

$0.94 COP 3,455

$2.64 ISK 332

-64.39%

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

$17.7K COP 65.1M

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

$26.4K COP 96.8M

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

$81.9 COP 300.7K

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

$9.54 COP 35.0K

Internet (50+ Mbps, Unlimited Data)

$23.68 COP 87.0K

Gym Membership (Monthly)

$25.85 COP 94.9K

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$4.05 COP 14.9K

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

$316 COP 1.2M

International Primary School, 1 Child (Yearly)

$5,971 COP 21.9M

Jeans (Levis 501 Or Similar)

$59.0 COP 216.4K

Summer Dress (H&M, Zara, etc)

$32.49 COP 119.3K

Sport Shoes (Adidas, Nike)

$99.9 COP 366.7K

Men's Leather Business Shoes

$108 COP 394.9K

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)

$3,019 COP 11.1M

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

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

Last update for Medellin: January 12, 2026

Last update for Egilsstadir: January 13, 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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