Cost of Living Comparison Between Medellin and Famagusta Cost of Living Comparison Between Medellin and Famagusta

Monthly Cost of Living

Monthly costs for one person with rent: $1,681 in Medellin versus $1,696 in Famagusta.

Estimated couple costs with rent: $2,445 in Medellin versus $2,418 in Famagusta.

Monthly costs for a family of three with rent: $3,210 in Medellin versus $3,141 in Famagusta.

Living in Medellin costs roughly 1% less than in Famagusta, driven mainly by Eating Out.

Both cities are pricier than the global median: Medellin 23% above, Famagusta 24% above.

Meal at Budget Restaurant

$8.02 COP 25.0K

$17.06 €14.87

-52.99%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 149.4K

$58.7 €51.1

-18.38%

Fast Food Meal (McDonalds, etc)

$9.89 COP 30.8K

$9.29 €8.10

6.46%

Cappuccino

$3.13 COP 9,767

$3.75 €3.27

-16.53%

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

$1.91 COP 5,954

$1.19 €1.03

60.50%

Water (0.33 liter bottle)

$1.51 COP 4,712

$1.21 €1.06

24.79%

Local Beer (0.5 liter draught)

$3.12 COP 9,747

$4.23 €3.69

-26.24%

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

$4.01 €3.49

43.39%

Milk (1 liter)

$1.44 COP 4,509

$2.07 €1.81

-30.43%

White Bread (500g)

$2.49 COP 7,759

$1.47 €1.28

69.39%

Rice (white) (1kg)

$1.77 COP 5,535

$2.23 €1.94

-20.63%

Eggs

$2.96 COP 9,235

$4.80 €4.19

-38.33%

Local Cheese (1kg)

$10.07 COP 31.4K

$9.75 €8.50

3.28%

Chicken Fillets (1kg)

$10.12 COP 31.6K

$9.10 €7.93

11.21%

Beef Round Steak (1kg)

$14.30 COP 44.6K

$12.72 €11.09

12.42%

Apples (1kg)

$4.14 COP 12.9K

$3.27 €2.85

26.61%

Banana (1kg)

$1.61 COP 5,019

$1.90 €1.65

-15.26%

Oranges (1kg)

$2.25 COP 7,007

$2.17 €1.89

3.69%

Tomato (1kg)

$2.25 COP 7,028

$3.00 €2.61

-25.00%

Potato (1kg)

$2.04 COP 6,375

$1.50 €1.30

36.00%

Onion (1kg)

$1.54 COP 4,790

$1.18 €1.02

30.51%

Lettuce (1 head)

$1.17 COP 3,651

$0.62 €0.54

88.71%

Water (1.5 liter bottle)

$1.31 COP 4,077

$1.07 €0.93

22.43%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$5.76 €5.02

-32.29%

Wine (Bottle)

$14.01 COP 43.7K

$6.73 €5.86

108.17%

Local Beer (0.5 liter bottle)

$1.74 COP 5,439

$1.78 €1.55

-2.25%

Imported Beer (0.33 liter bottle)

$2.87 COP 8,956

$2.12 €1.85

35.38%

One-way Ticket (Public Transport)

$1.22 COP 3,792

$2.20 €1.91

-44.55%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

$52.4 €45.65

53.71%

Taxi Start (Normal Tariff)

$1.31 COP 4,084

$5.84 €5.09

-77.57%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

$2.21 €1.93

-0.90%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

$23.39 €20.39

-62.76%

Gasoline (1 liter)

$1.37 COP 4,260

$1.81 €1.58

-24.31%

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

$27.8K COP 86.9M

$27.2K €23.7K

2.22%

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

$35.8K COP 111.6M

$23.8K €20.7K

50.48%

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

$177 COP 553.2K

$173 €151

2.27%

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

$13.88 COP 43.3K

$22.91 €19.97

-39.42%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 92.8K

$34.94 €30.46

-14.94%

Gym Membership (Monthly)

$44.88 COP 140.1K

$46.29 €40.35

-3.05%

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

$17.50 €15.26

-2.17%

Cinema Ticket

$6.65 COP 20.7K

$11.53 €10.05

-42.32%

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

$813 COP 2.5M

$448 €390

81.52%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

$2,978 €2,596

208.52%

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

$52.9 €46.15

69.04%

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

$34.29 €29.89

71.97%

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

$96.8 €84.3

42.84%

Men's Leather Business Shoes

$102 COP 318.7K

$90.4 €78.8

13.03%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

$689 €600

54.16%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$637 €555

4.08%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 5.9M

$981 €855

92.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

$820 €715

25.23%

Buy Apartment in City Center (m2)

$4,183 COP 13.1M

$3,831 €3,339

9.20%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.2M

$2,367 €2,064

-29.26%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

$943 €822

-28.15%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.31

230.51%

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

Last update for Medellin: September 14, 2026

Last update for Famagusta: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,062 in Medellin and $689 in Famagusta. Housing cost is often the main lever when comparing two cities.

Famagusta pays 39% 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: $48.00 in Medellin vs $59.0 in Famagusta. Groceries flip the comparison at $305 vs $277, with Famagusta cheaper for home cooking.

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

Medellin vs Famagusta: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 1% lower than in Famagusta. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

On paper, salaries run 39% lower in Famagusta. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,062 in Medellin versus $689 in Famagusta. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Medellin runs roughly 54% less than in Famagusta. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $813 in Medellin versus $448 in Famagusta. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,681 in Medellin versus $1,696 in Famagusta, a $2,500 budget is realistic in Medellin but tight or insufficient in Famagusta. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,681 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 1% less than in Famagusta. Beyond cost, consider language, visa policies, and how big the international community is in each city.