Cost of Living Comparison Between Medellin and Faro Cost of Living Comparison Between Medellin and Faro

🙂 Solo nomad: Medellin is 24.8% cheaper than Faro without rent, and 43.2% cheaper with rent.
🙂 Family of 3: Medellin is 38.3% cheaper than Faro without rent, and 41.7% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Faro
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$13.94 €12.03
-55.31%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$46.85 €40.45
-30.97%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$9.11 €7.86
-18.88%
Cappuccino
$1.72 COP 7,155
$2.01 €1.74
-14.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.39 €2.07
-53.97%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.51 €1.3
-51.66%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$2.82 €2.44
-41.13%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$2.81 €2.43
13.88%
🛒 Groceries & Markets
Medellin
Faro
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.17 €1.01
-6.84%
White Bread (500g)
$1.24 COP 5,188
$1.47 €1.27
-15.65%
Rice (white) (1kg)
$1.33 COP 5,544
$2.18 €1.89
-38.99%
Eggs
$2.22 COP 9,252
$2.91 €2.51
-23.71%
Local Cheese (1kg)
$4.55 COP 19K
$14.42 €12.45
-68.45%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$6.22 €5.37
-8.20%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$13.63 €11.77
-36.98%
Apples (1kg)
$2.26 COP 9,410
$2.48 €2.14
-8.87%
Banana (1kg)
$1.07 COP 4,461
$1.34 €1.16
-20.15%
Oranges (1kg)
$1.51 COP 6,293
$1.48 €1.27
2.03%
Tomato (1kg)
$1.42 COP 5,911
$2.32 €2
-38.79%
Potato (1kg)
$1.11 COP 4,619
$1.52 €1.31
-26.97%
Onion (1kg)
$1.18 COP 4,932
$2.17 €1.87
-45.62%
Lettuce (1 head)
$0.89 COP 3,718
$1.02 €0.88
-12.75%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.17 €1.01
-28.21%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$6.34 €5.47
-62.93%
Wine (Bottle)
$9.34 COP 38.9K
$5.18 €4.47
80.31%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.22 €1.05
-3.28%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$3.14 €2.71
-20.70%
🚌 Getting Around
Medellin
Faro
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$3.42 €2.95
-75.73%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$43.53 €37.58
-3.74%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$3.76 €3.25
-62.50%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.02 €0.88
92.16%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$22.27 €19.23
-64.75%
Gasoline (1 liter)
$1.02 COP 4,265
$1.95 €1.68
-47.69%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$35.1K €30.3K
-49.87%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$38.9K €33.6K
-32.61%
🧾 Monthly Utilities & Internet
Medellin
Faro
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$137 €119
-39.90%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$20.42 €17.63
-53.77%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$42.27 €36.49
-44.38%
🎉 Sport & Entertainment
Medellin
Faro
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$44.07 €38.05
-41.73%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$21.05 €18.18
-9.07%
Cinema Ticket
$3.96 COP 16.5K
$11.35 €9.8
-65.11%
🧸 Childcare & Education
Medellin
Faro
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$475 €410
-35.81%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$12.5K €10.8K
-52.68%
👕👟 Clothing & Footwear
Medellin
Faro
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$73.4 €63.4
-21.16%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$38.55 €33.29
-18.05%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$108 €93.5
-4.77%
Men's Leather Business Shoes
$106 COP 440.5K
$104 €90.1
1.23%
🏠 Accommodation & Living
Medellin
Faro
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$1,120 €967
-56.29%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$815 €704
-53.52%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,913 €1,651
-56.77%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,543 €1,332
-52.74%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$4,088 €3,530
-46.43%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,979 €2,572
-48.55%
💵 Salaries & Financials
Medellin
Faro
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$1,358 €1,173
-59.51%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.24
156.30%

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

Last update for Medellin: October 28, 2025

Last update for Faro: October 28, 2025

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