Cost of Living Comparison Between Medellin and Fairbanks, AK Cost of Living Comparison Between Medellin and Fairbanks, AK

🙂 Solo nomad: Medellin is 63.9% cheaper than Fairbanks, AK without rent, and 68.1% cheaper with rent.
🙂 Family of 3: Medellin is 54.2% cheaper than Fairbanks, AK without rent, and 62.6% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Fairbanks, AK
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$24.8 $24.8
-74.88%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$88.8 $88.8
-63.59%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$14.1 $14.1
-47.59%
Cappuccino
$1.72 COP 7,155
$6.02 $6.02
-71.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.85 $2.85
-61.40%
Water (0.33 liter bottle)
$0.73 COP 3,060
$2.04 $2.04
-64.22%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$7.8 $7.8
-78.72%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$9.91 $9.91
-67.71%
🛒 Groceries & Markets
Medellin
Fairbanks, AK
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.14 $1.14
-4.39%
White Bread (500g)
$1.24 COP 5,188
$5.31 $5.31
-76.65%
Rice (white) (1kg)
$1.33 COP 5,544
$5.3 $5.3
-74.91%
Eggs
$2.22 COP 9,252
$4.21 $4.21
-47.27%
Local Cheese (1kg)
$4.55 COP 19K
$17.96 $17.96
-74.67%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$16.97 $16.97
-66.35%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$21.32 $21.32
-59.71%
Apples (1kg)
$2.26 COP 9,410
$7.76 $7.76
-70.88%
Banana (1kg)
$1.07 COP 4,461
$2.82 $2.82
-62.06%
Oranges (1kg)
$1.51 COP 6,293
$6.65 $6.65
-77.29%
Tomato (1kg)
$1.42 COP 5,911
$7.09 $7.09
-79.97%
Potato (1kg)
$1.11 COP 4,619
$3.77 $3.77
-70.56%
Onion (1kg)
$1.18 COP 4,932
$4.79 $4.79
-75.37%
Lettuce (1 head)
$0.89 COP 3,718
$2.99 $2.99
-70.23%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.97 $1.97
-57.36%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$11.23 $11.23
-79.07%
Wine (Bottle)
$9.34 COP 38.9K
$15.1 $15.1
-38.15%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.68 $1.68
-29.76%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$0.97 $0.97
156.70%
🚌 Getting Around
Medellin
Fairbanks, AK
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$1.53 $1.53
-45.75%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$39.51 $39.51
6.05%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$3.54 $3.54
-60.17%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$2.15 $2.15
-8.84%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$45.29 $45.29
-82.67%
Gasoline (1 liter)
$1.02 COP 4,265
$1.04 $1.04
-1.92%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$29.8K $29.8K
-40.94%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$26K $26K
0.71%
🧾 Monthly Utilities & Internet
Medellin
Fairbanks, AK
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$170 $170
-51.46%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$59.9 $59.9
-84.24%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$113 $113
-79.17%
🎉 Sport & Entertainment
Medellin
Fairbanks, AK
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$98.9 $98.9
-74.02%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
-
-
Cinema Ticket
$3.96 COP 16.5K
$17.01 $17.01
-76.72%
🧸 Childcare & Education
Medellin
Fairbanks, AK
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$1,201 $1,201
-74.61%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$23.3K $23.3K
-74.55%
👕👟 Clothing & Footwear
Medellin
Fairbanks, AK
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$60.3 $60.3
-3.92%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$39.53 $39.53
-20.09%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$85.7 $85.7
20.36%
Men's Leather Business Shoes
$106 COP 440.5K
$119 $119
-11.39%
🏠 Accommodation & Living
Medellin
Fairbanks, AK
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$1,620 $1,620
-69.80%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$1,500 $1,500
-74.73%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$2,263 $2,263
-63.46%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$2,024 $2,024
-63.98%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$1,927 $1,927
13.64%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$1,957 $1,957
-21.70%
💵 Salaries & Financials
Medellin
Fairbanks, AK
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$3,802 $3,802
-85.53%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
6.53
105.67%

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

Last update for Medellin: October 28, 2025

Last update for Fairbanks, AK: October 27, 2025

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