Last update: Oct 2026

Cost of Living Comparison Between Medellin and the Faroe Islands

Name: Faroe Islands
Address: FO

For one person, living is cheaper in Medellin: $1,589 a month against $2,583 in the Faroe Islands, rent and utilities included – about $11,900 less a year. Other living expenses account for most of the difference.

77

Cost of Living Index in Medellin
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Medellin Living Index
124

Cost of Living Index in the Faroe Islands
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Faroe Islands Living Index

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Medellin

🇨🇴 Colombia

$1,589

/mo nomad

🇫🇴 Faroe Islands

$2,583

/mo nomad

🙂 Solo nomad: Medellin is 45.7% cheaper than the Faroe Islands without rent, and 38.5% cheaper with rent.

🙂 Family of 3: Medellin is 56% cheaper than the Faroe Islands without rent, and 42.4% cheaper with rent.

Meal at Budget Restaurant

$8.01 COP 25.5K

$30.20 FOK 202

-73.48%

Three-Course Dinner for Two, Mid-Range

$46.55 COP 148.3K

$148 FOK 989

-68.57%

Fast Food Meal (McDonalds, etc)

$9.43 COP 30.1K

$20.09 FOK 134

-53.06%

Cappuccino

$2.91 COP 9,277

$6.50 FOK 43.44

-55.23%

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

$1.75 COP 5,585

$2.97 FOK 19.86

-41.08%

Water (0.33 liter bottle)

$1.32 COP 4,218

$2.20 FOK 14.71

-40.00%

Local Beer (0.5 liter draught)

$3.13 COP 9,969

$9.25 FOK 61.8

-66.16%

Imported Beer (0.33 liter bottle)

$5.55 COP 17.7K

$8.94 FOK 59.8

-37.92%

Milk (1 liter)

$1.41 COP 4,495

$2.30 FOK 15.39

-38.70%

White Bread (500g)

$2.44 COP 7,777

$7.07 FOK 47.25

-65.49%

Rice (white) (1kg)

$1.63 COP 5,191

$4.25 FOK 28.39

-61.65%

Eggs

$2.82 COP 8,990

$6.48 FOK 43.30

-56.48%

Local Cheese (1kg)

$9.69 COP 30.9K

$16.30 FOK 109

-40.55%

Chicken Fillets (1kg)

$9.32 COP 29.7K

$14.33 FOK 95.7

-34.96%

Beef Round Steak (1kg)

$13.46 COP 42.9K

$18.20 FOK 122

-26.04%

Apples (1kg)

$4.00 COP 12.8K

$4.16 FOK 27.77

-3.85%

Banana (1kg)

$1.48 COP 4,719

$5.45 FOK 36.40

-72.84%

Oranges (1kg)

$2.12 COP 6,768

$6.18 FOK 41.30

-65.70%

Tomato (1kg)

$2.25 COP 7,178

$5.15 FOK 34.40

-56.31%

Potato (1kg)

$1.91 COP 6,092

$3.60 FOK 24.06

-46.94%

Onion (1kg)

$1.62 COP 5,160

$4.51 FOK 30.15

-64.08%

Lettuce (1 head)

$1.15 COP 3,658

$3.38 FOK 22.58

-65.98%

Water (1.5 liter bottle)

$1.26 COP 4,021

$3.82 FOK 25.52

-67.02%

Cigarettes 20 Pack (Marlboro, Camel)

$3.82 COP 12.2K

$10.69 FOK 71.4

-64.27%

Wine (Bottle)

$13.11 COP 41.8K

$12.97 FOK 86.6

1.08%

Local Beer (0.5 liter bottle)

$1.60 COP 5,083

$3.12 FOK 20.81

-48.72%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,188

$2.38 FOK 15.88

-5.04%

One-way Ticket (Public Transport)

$1.17 COP 3,731

Public Transport Monthly Pass (Regular Price)

$75.0 COP 239.0K

$30.06 FOK 201

149.57%

Taxi Start (Normal Tariff)

$1.27 COP 4,056

$12.20 FOK 81.5

-89.59%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,531

Taxi 1hour Waiting (Normal Tariff)

$8.20 COP 26.1K

Gasoline (1 liter)

$1.27 COP 4,046

$1.76 FOK 11.77

-27.84%

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

$26.8K COP 85.3M

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

$34.4K COP 109.6M

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

$162 COP 516.9K

$127 FOK 846

28.07%

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

$13.12 COP 41.8K

$44.12 FOK 295

-70.26%

Internet (50+ Mbps, Unlimited Data)

$28.09 COP 89.5K

$79.0 FOK 528

-64.46%

Gym Membership (Monthly)

$44.33 COP 141.2K

$51.4 FOK 343

-13.67%

Tennis Court (1 Hour on Weekend)

$16.33 COP 52.0K

Cinema Ticket

$6.09 COP 19.4K

$15.69 FOK 105

-61.19%

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

$764 COP 2.4M

$489 FOK 3,269

56.17%

International Primary School, 1 Child (Yearly)

$8,904 COP 28.4M

Jeans (Levis 501 Or Similar)

$85.0 COP 270.8K

$141 FOK 939

-39.57%

Summer Dress (H&M, Zara, etc)

$57.5 COP 183.2K

$60.9 FOK 407

-5.60%

Sport Shoes (Adidas, Nike)

$132 COP 419.8K

$170 FOK 1,135

-22.48%

Men's Leather Business Shoes

$95.8 COP 305.1K

$243 FOK 1,626

-60.65%

1-bedroom Apartment, City Center (Monthly)

$1,028 COP 3.3M

$1,073 FOK 7,168

-4.17%

1-bedroom Apartment, Outside City Center (Monthly)

$604 COP 1.9M

$891 FOK 5,955

-32.20%

3-bedroom Apartment, City Center (Monthly)

$1,802 COP 5.7M

$1,905 FOK 12.7K

-5.43%

3-bedroom Apartment, Outside City Center (Monthly)

$993 COP 3.2M

$1,384 FOK 9,248

-28.31%

Buy Apartment in City Center (m2)

$3,921 COP 12.5M

$4,528 FOK 30.3K

-13.42%

Buy Apartment Outside City Center (m2)

$1,639 COP 5.2M

$4,667 FOK 31.2K

-64.89%

Average Monthly Net Salary (After Tax)

$626 COP 2.0M

$2,274 FOK 15.2K

-72.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

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

Last update for Medellin: October 6, 2026

Last update for the Faroe Islands: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$604 38.3%

Faroe Islands

$892 35% 47.5% $287

Groceries & Markets

Medellin

$288 18.3%

Faroe Islands

$541 21.2% 87.7% $253

Monthly Utilities & Internet

Medellin

$203 12.9%

Faroe Islands

$250 9.8% 22.8% $46

Clothing & Footwear

Medellin

$166 10.6%

Faroe Islands

$277 10.9% 66.2% $110

Eating Out

Medellin

$166 10.6%

Faroe Islands

$465 18.2% 179% $298

Getting Around

Medellin

$91 5.8%

Faroe Islands

$42 * 1.7% 53.7% $49

Sport & Entertainment

Medellin

$57 3.6%

Faroe Islands

$83 3.3% 46.4% $26

Categories marked with * are only partly priced – their share counts the items that do have prices.

Good to know

🇨🇴 Medellin

🇫🇴 Faroe Islands

🕒 Local time

07:28 7:28 AM

13:28 1:28 PM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

54,149

💱 Currency

Colombian Peso COP $

Faroese Króna FOK kr

📈 Exchange rate

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

1 FOK = 0.15 USD

1 FOK = 0.134 EUR

Exchange rates and currency converter

FOK, USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,571 COP (10,000 COP = 2.8 EUR).

Faroese Króna exchange rates as of October 10, 2026: 1 USD = 6.68 FOK (1 FOK = 0.15 USD). 1 EUR = 7.49 FOK (1 FOK = 0.134 EUR).

USD to COP in detail →

On the map

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Between locations

Medellin Faroe Islands 8,300 km ≈ 11 h nonstop flight

From you

Medellin
Faroe Islands

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

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