Last update: Oct 2026

Cost of Living Comparison Between Medellin and Fermoy

For one person, living is cheaper in Medellin: $1,639 a month against $2,398 in Fermoy, rent and utilities included – about $9,100 less a year. Rent and utilities account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
123

Cost of Living Index in Fermoy
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Fermoy Living Index

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Medellin

🇨🇴 Colombia

$1,639

/mo nomad

Fermoy

🇮🇪 Ireland

$2,398

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Fermoy

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 Fermoy actually costs, broken down by who's living it.

A single person spends $1,639 per month in Medellin vs $2,398 in Fermoy, rent included.

Medellin $1,639
Fermoy $2,398

A couple spends around $2,413 per month in Medellin vs $3,530 in Fermoy, rent included.

Medellin $2,413
Fermoy $3,530

A family of three spends $3,186 per month in Medellin vs $4,662 in Fermoy, rent included.

Medellin $3,186
Fermoy $4,662

Medellin is about 32% cheaper than Fermoy, and outside of rent the biggest gap is in eating out.

Both Medellin and Fermoy sit above the global median – Medellin by 20%, Fermoy by 76%.

Meal at Budget Restaurant

$8.09 COP 26.1K

$12.49 €11.15

-35.23%

Three-Course Dinner for Two, Mid-Range

$47.05 COP 151.9K

$66.4 €59.2

-29.10%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.7K

$10.13 €9.03

-6.22%

Cappuccino

$3.01 COP 9,734

$3.67 €3.28

-17.98%

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

$1.80 COP 5,809

$2.15 €1.92

-16.28%

Water (0.33 liter bottle)

$1.41 COP 4,560

$1.84 €1.64

-23.37%

Local Beer (0.5 liter draught)

$3.18 COP 10.3K

$4.43 €3.95

-28.22%

Imported Beer (0.33 liter bottle)

$5.75 COP 18.6K

$5.44 €4.85

5.70%

Milk (1 liter)

$1.51 COP 4,875

$1.61 €1.44

-6.21%

White Bread (500g)

$2.38 COP 7,677

$2.12 €1.89

12.26%

Rice (white) (1kg)

$1.77 COP 5,719

$1.09 €0.97

62.39%

Eggs

$2.89 COP 9,332

$4.85 €4.33

-40.41%

Local Cheese (1kg)

$10.19 COP 32.9K

$9.85 €8.79

3.45%

Chicken Fillets (1kg)

$9.87 COP 31.9K

$12.65 €11.29

-21.98%

Beef Round Steak (1kg)

$13.99 COP 45.2K

$16.31 €14.55

-14.22%

Apples (1kg)

$3.97 COP 12.8K

$2.71 €2.41

46.49%

Banana (1kg)

$1.55 COP 5,011

$2.17 €1.93

-28.57%

Oranges (1kg)

$2.18 COP 7,047

$2.71 €2.42

-19.56%

Tomato (1kg)

$2.18 COP 7,050

$5.16 €4.60

-57.75%

Potato (1kg)

$1.96 COP 6,336

$1.90 €1.69

3.16%

Onion (1kg)

$1.59 COP 5,131

$1.49 €1.33

6.71%

Lettuce (1 head)

$1.15 COP 3,698

$1.31 €1.17

-12.21%

Water (1.5 liter bottle)

$1.24 COP 4,014

$2.00 €1.78

-38.00%

Cigarettes 20 Pack (Marlboro, Camel)

$3.96 COP 12.8K

$18.80 €16.77

-78.94%

Wine (Bottle)

$13.68 COP 44.2K

$11.38 €10.15

20.21%

Local Beer (0.5 liter bottle)

$1.66 COP 5,359

$3.45 €3.07

-51.88%

Imported Beer (0.33 liter bottle)

$2.26 COP 7,290

$3.48 €3.10

-35.06%

One-way Ticket (Public Transport)

$1.17 COP 3,770

$2.49 €2.22

-53.01%

Public Transport Monthly Pass (Regular Price)

$77.4 COP 249.8K

Taxi Start (Normal Tariff)

$1.27 COP 4,094

$5.01 €4.47

-74.65%

Taxi (Normal Tariff) (1km)

$2.05 COP 6,611

$1.48 €1.32

38.51%

Taxi 1hour Waiting (Normal Tariff)

$8.55 COP 27.6K

$37.41 €33.38

-77.15%

Gasoline (1 liter)

$1.35 COP 4,348

$1.86 €1.66

-27.42%

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

$34.1K COP 110.0M

$39.7K €35.4K

-14.09%

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

$34.7K COP 111.9M

$38.0K €33.9K

-8.67%

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

$170 COP 547.7K

$267 €238

-36.48%

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

$13.55 COP 43.7K

$18.26 €16.30

-25.79%

Internet (50+ Mbps, Unlimited Data)

$28.07 COP 90.6K

$54.0 €48.20

-48.05%

Gym Membership (Monthly)

$43.70 COP 141.1K

$59.8 €53.4

-26.92%

Tennis Court (1 Hour on Weekend)

$17.19 COP 55.5K

Cinema Ticket

$6.91 COP 22.3K

$15.70 €14.01

-55.99%

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

$797 COP 2.6M

$1,271 €1,134

-37.35%

International Primary School, 1 Child (Yearly)

$9,112 COP 29.4M

$5,224 €4,661

74.41%

Jeans (Levis 501 Or Similar)

$84.7 COP 273.5K

$107 €95.5

-20.83%

Summer Dress (H&M, Zara, etc)

$58.0 COP 187.1K

$51.1 €45.56

13.51%

Sport Shoes (Adidas, Nike)

$135 COP 435.7K

$113 €101

19.34%

Men's Leather Business Shoes

$97.9 COP 316.0K

$130 €116

-24.45%

1-bedroom Apartment, City Center (Monthly)

$1,208 COP 3.9M

$1,365 €1,218

-11.52%

1-bedroom Apartment, Outside City Center (Monthly)

$642 COP 2.1M

$1,191 €1,063

-46.14%

3-bedroom Apartment, City Center (Monthly)

$2,028 COP 6.5M

$2,589 €2,310

-21.67%

3-bedroom Apartment, Outside City Center (Monthly)

$1,012 COP 3.3M

$2,086 €1,861

-51.50%

Buy Apartment in City Center (m2)

$4,170 COP 13.5M

Buy Apartment Outside City Center (m2)

$1,910 COP 6.2M

$3,415 €3,047

-44.07%

Average Monthly Net Salary (After Tax)

$657 COP 2.1M

$1,673 €1,492

-60.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.81

187.14%

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

Last update for Medellin: October 25, 2026

Last update for Fermoy: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$642 39.1%

Fermoy

$1.2K 49.7% 85.7% $550

Groceries & Markets

Medellin

$297 18.1%

Fermoy

$351 14.6% 18.1% $54

Monthly Utilities & Internet

Medellin

$211 12.9%

Fermoy

$339 14.2% 60.6% $128

Eating Out

Medellin

$170 10.4%

Fermoy

$223 9.3% 31.7% $54

Clothing & Footwear

Medellin

$169 10.3%

Fermoy

$180 7.5% 6.7% $11

Getting Around

Medellin

$94 5.7%

Fermoy

$22 * 0.9% 76.1% $71

Sport & Entertainment

Medellin

$58 3.5%

Fermoy

$91 3.8% 58.5% $34

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

Cost Breakdown

A central one-bedroom costs $1,208 in Medellin versus $1,365 in Fermoy. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Fermoy are about 2.5 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $47 in Medellin versus $66 in Fermoy. Monthly groceries follow the same trend: $297 vs $351 – making Medellin the more affordable choice for daily food spending.

Good to know

🇨🇴 Medellin

🇮🇪 Fermoy

🕒 Local time

17:00 5:00 PM

22:00 10:00 PM

5 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

6,500

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 2, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,619 COP (10,000 COP = 2.76 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Highest

Between locations

Medellin Fermoy 7,920 km ≈ 10 h nonstop flight

From you

Medellin
Fermoy

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 Fermoy: Cost of Living - Frequently Asked Questions

Fermoy costs about 46% 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 $3,598 in Fermoy. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Medellin, especially for central apartments: a one-bedroom in the center costs $1,208 there versus $1,365 in Fermoy.

Monthly expenses with rent come to $1,639 in Medellin and $2,398 in Fermoy. That makes Medellin about 32% cheaper.

Kindergarten costs $797 per month in Medellin and $1,271 in Fermoy. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Families tend to lean toward Medellin – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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