Last update: Oct 2026

Cost of Living Comparison Between Medellin and Fano

For one person, living is cheaper in Medellin: $1,639 a month against $1,797 in Fano, rent and utilities included – about $1,900 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
86

Cost of Living Index in Fano
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Fano Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Fano

🇮🇹 Italy

$1,797

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Fano

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Fano actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $1,797 in Fano, rent included.

Medellin $1,639
Fano $1,797

A couple spends around $2,413 per month in Medellin vs $2,535 in Fano, rent included.

Medellin $2,413
Fano $2,535

A family of three spends $3,186 per month in Medellin vs $3,273 in Fano, rent included.

Medellin $3,186
Fano $3,273

Medellin is about 9% cheaper than Fano, and outside of rent the biggest gap is in eating out.

Both Medellin and Fano sit above the global median – Medellin by 20%, Fano by 32%.

Meal at Budget Restaurant

$8.09 COP 25.4K

$19.99 €17.96

-59.53%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 148.0K

$54.8 €49.25

-14.19%

Fast Food Meal (McDonalds, etc)

$9.50 COP 29.9K

$13.60 €12.21

-30.15%

Cappuccino

$3.01 COP 9,485

$2.00 €1.80

50.50%

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

$1.80 COP 5,660

$2.93 €2.64

-38.57%

Water (0.33 liter bottle)

$1.41 COP 4,443

$1.28 €1.15

10.16%

Local Beer (0.5 liter draught)

$3.18 COP 9,990

$5.70 €5.12

-44.21%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.1K

$5.43 €4.88

5.89%

Milk (1 liter)

$1.51 COP 4,751

$1.34 €1.20

12.69%

White Bread (500g)

$2.38 COP 7,480

$3.13 €2.81

-23.96%

Rice (white) (1kg)

$1.77 COP 5,573

$2.99 €2.68

-40.80%

Eggs

$2.89 COP 9,093

$3.93 €3.53

-26.46%

Local Cheese (1kg)

$10.19 COP 32.1K

$20.60 €18.50

-50.53%

Chicken Fillets (1kg)

$9.87 COP 31.1K

$12.50 €11.23

-21.04%

Beef Round Steak (1kg)

$13.99 COP 44.0K

$20.51 €18.42

-31.79%

Apples (1kg)

$3.97 COP 12.5K

$2.38 €2.14

66.81%

Banana (1kg)

$1.55 COP 4,883

$2.35 €2.11

-34.04%

Oranges (1kg)

$2.18 COP 6,867

$2.63 €2.36

-17.11%

Tomato (1kg)

$2.18 COP 6,870

$2.71 €2.43

-19.56%

Potato (1kg)

$1.96 COP 6,174

$1.94 €1.74

1.03%

Onion (1kg)

$1.59 COP 5,000

$1.79 €1.61

-11.17%

Lettuce (1 head)

$1.15 COP 3,604

$1.35 €1.21

-14.81%

Water (1.5 liter bottle)

$1.24 COP 3,911

$0.47 €0.42

163.83%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.5K

$6.49 €5.83

-38.98%

Wine (Bottle)

$13.68 COP 43.0K

$7.67 €6.89

78.36%

Local Beer (0.5 liter bottle)

$1.66 COP 5,221

$1.91 €1.72

-13.09%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,103

$2.84 €2.55

-20.42%

One-way Ticket (Public Transport)

$1.17 COP 3,674

$2.66 €2.39

-56.02%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 243.4K

$58.1 €52.2

33.14%

Taxi Start (Normal Tariff)

$1.27 COP 3,989

$4.59 €4.12

-72.33%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,442

$1.72 €1.55

19.19%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 26.9K

$31.88 €28.64

-73.18%

Gasoline (1 liter)

$1.35 COP 4,237

$2.09 €1.88

-35.41%

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

$34.1K COP 107.2M

$35.9K €32.2K

-4.99%

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

$34.7K COP 109.1M

$37.2K €33.4K

-6.89%

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

$170 COP 533.7K

$246 €221

-30.90%

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

$13.55 COP 42.6K

$8.14 €7.31

66.46%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 88.3K

$31.66 €28.44

-11.34%

Gym Membership (Monthly)

$43.70 COP 137.5K

$60.7 €54.5

-27.99%

Tennis Court (1 Hour on Weekend)

$17.19 COP 54.1K

Cinema Ticket

$6.91 COP 21.7K

$10.03 €9.01

-31.11%

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

$797 COP 2.5M

$763 €685

4.45%

International Primary School, 1 Child (Yearly)

$9,112 COP 28.7M

$16.3K €14.6K

-44.12%

Jeans (Levis 501 Or Similar)

$84.7 COP 266.5K

$54.9 €49.30

54.37%

Summer Dress (H&M, Zara, etc)

$58.0 COP 182.3K

$46.08 €41.39

25.78%

Sport Shoes (Adidas, Nike)

$135 COP 424.6K

$122 €110

10.71%

Men's Leather Business Shoes

$97.9 COP 307.9K

$78.4 €70.4

24.83%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.8M

$635 €571

90.16%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.0M

$573 €515

11.92%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.4M

$886 €796

128.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.2M

$658 €591

53.81%

Buy Apartment in City Center (m2)

$4,170 COP 13.1M

$3,405 €3,058

22.49%

Buy Apartment Outside City Center (m2)

$1,910 COP 6.0M

$2,276 €2,044

-16.05%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,918 €1,723

-65.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

264.67%

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

Last update for Medellin: October 25, 2026

Last update for Fano: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$642 39.1%

Fano

$573 31.9% 10.6% $68

Groceries & Markets

Medellin

$297 18.1%

Fano

$359 20% 21% $62

Monthly Utilities & Internet

Medellin

$211 12.9%

Fano

$285 15.9% 35% $74

Eating Out

Medellin

$170 10.4%

Fano

$281 15.6% 65.7% $111

Clothing & Footwear

Medellin

$169 10.3%

Fano

$136 7.5% 19.8% $33

Getting Around

Medellin

$94 5.7%

Fano

$82 4.6% 12.4% $12

Sport & Entertainment

Medellin

$58 3.5%

Fano

$81 4.5% 40.4% $23

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $635 in Fano. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Fano are about 2.9 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $55 in Fano. Monthly groceries follow the same trend: $297 vs $359 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇮🇹 Fano

🕒 Local time

17:56 5:56 PM

23:56 11:56 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

57,529

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.18 USD

10,000 COP = 2.86 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 28, 2026: 1 USD = 3,146 COP (10,000 COP = 3.18 USD). 1 EUR = 3,502 COP (10,000 COP = 2.86 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to COP in detail →

On the map

Lowest

Highest

Between locations

Medellin Fano 9,410 km ≈ 12 h nonstop flight

From you

Medellin
Fano

Distances are measured in a straight line. Your location is detected approximately.

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 Fano: Cost of Living - Frequently Asked Questions

Fano costs about 10% more than Medellin, and outside of rent the gap comes mainly from eating out. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,459 per month in Medellin and $2,695 in Fano. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Fano, especially for central apartments: a one-bedroom in the center costs $635 there versus $1,208 in Medellin.

Monthly expenses with rent come to $1,639 in Medellin and $1,797 in Fano. That makes Medellin about 9% cheaper.

Public transport costs about 25% less in Fano. For daily commuters, that gap adds up to noticeable savings over a year.

$2,500 covers both cities comfortably – all-in costs are $1,639 in Medellin and $1,797 in Fano, leaving budget for savings and extras in both cases.

It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,639 in Medellin to $1,797 in Fano. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with Medellin. If higher salaries or specific career opportunities are the priority, Fano makes more sense. Both are solid long-term options with distinct trade-offs.