Cost of Living Comparison Between Medellin and Ferrol Cost of Living Comparison Between Medellin and Ferrol

Monthly Cost of Living

A single person spends $1,716 per month in Medellin vs $1,437 in Ferrol, rent included.

A couple spends around $2,527 per month in Medellin vs $2,159 in Ferrol, rent included.

A family of three spends $3,338 per month in Medellin vs $2,880 in Ferrol, rent included.

Medellin costs about 19% more than Ferrol, driven mainly by Clothing & Footwear.

Both Medellin and Ferrol sit above the global median – Medellin by 25%, Ferrol by 5%.

Currency
🍽 Eating Out
Medellin
Ferrol
Difference
Meal at Budget Restaurant
$8.03 COP 25.1K
$17.37 €14.94
-53.77%
Three-Course Dinner for Two, Mid-Range
$48.26 COP 150.8K
$45.89 €39.49
5.16%
Fast Food Meal (McDonalds, etc)
$9.77 COP 30.5K
$15.38 €13.24
-36.48%
Cappuccino
$2.91 COP 9,095
$1.69 €1.46
72.19%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.94 COP 6,074
$2.84 €2.44
-31.69%
Water (0.33 liter bottle)
$1.52 COP 4,754
$2.30 €1.98
-33.91%
Local Beer (0.5 liter draught)
$3.09 COP 9,663
$2.94 €2.53
5.10%
Imported Beer (0.33 liter bottle)
$5.74 COP 17.9K
$2.88 €2.48
99.31%
🛒 Groceries & Markets
Medellin
Ferrol
Difference
Milk (1 liter)
$1.36 COP 4,262
$1.12 €0.96
21.43%
White Bread (500g)
$2.39 COP 7,460
$1.20 €1.03
99.17%
Rice (white) (1kg)
$1.70 COP 5,314
$2.29 €1.97
-25.76%
Eggs
$2.87 COP 8,967
$4.01 €3.45
-28.43%
Local Cheese (1kg)
$9.94 COP 31.1K
$11.80 €10.15
-15.76%
Chicken Fillets (1kg)
$10.78 COP 33.7K
$9.21 €7.93
17.05%
Beef Round Steak (1kg)
$14.73 COP 46.0K
$11.45 €9.85
28.65%
Apples (1kg)
$4.09 COP 12.8K
$2.29 €1.97
78.60%
Banana (1kg)
$1.57 COP 4,911
$1.70 €1.46
-7.65%
Oranges (1kg)
$2.13 COP 6,642
$2.39 €2.05
-10.88%
Tomato (1kg)
$2.21 COP 6,917
$2.29 €1.97
-3.49%
Potato (1kg)
$2.05 COP 6,396
$1.77 €1.52
15.82%
Onion (1kg)
$1.50 COP 4,700
$1.19 €1.03
26.05%
Lettuce (1 head)
$1.19 COP 3,718
$1.77 €1.52
-32.77%
Water (1.5 liter bottle)
$1.16 COP 3,619
$0.59 €0.51
96.61%
Cigarettes 20 Pack (Marlboro, Camel)
$3.90 COP 12.2K
-
-
Wine (Bottle)
$14.44 COP 45.1K
$4.64 €3.99
211.21%
Local Beer (0.5 liter bottle)
$1.58 COP 4,948
$1.18 €1.02
33.90%
Imported Beer (0.33 liter bottle)
$2.83 COP 8,836
$1.78 €1.53
58.99%
🚌 Getting Around
Medellin
Ferrol
Difference
One-way Ticket (Public Transport)
$1.17 COP 3,650
$1.47 €1.26
-20.41%
Public Transport Monthly Pass (Regular Price)
$77.7 COP 242.9K
$25.62 €22.05
203.40%
Taxi Start (Normal Tariff)
$1.28 COP 4,014
$4.85 €4.17
-73.61%
Taxi (Normal Tariff) (1km)
$2.09 COP 6,537
-
-
Taxi 1hour Waiting (Normal Tariff)
$8.62 COP 26.9K
-
-
Gasoline (1 liter)
$1.30 COP 4,056
$1.79 €1.54
-27.37%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.7K COP 86.4M
$34.1K €29.3K
-18.91%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$35.5K COP 110.9M
$30.9K €26.6K
14.94%
🧾 Monthly Utilities & Internet
Medellin
Ferrol
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$176 COP 550.1K
$97.8 €84.1
80.07%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.37 COP 41.8K
$23.03 €19.82
-41.95%
Internet (50+ Mbps, Unlimited Data)
$29.89 COP 93.4K
$47.24 €40.65
-36.73%
🎉 Sport & Entertainment
Medellin
Ferrol
Difference
Gym Membership (Monthly)
$44.76 COP 139.8K
$40.67 €35.00
10.06%
Tennis Court (1 Hour on Weekend)
$17.06 COP 53.3K
$9.41 €8.10
81.30%
Cinema Ticket
$6.20 COP 19.4K
$9.57 €8.23
-35.21%
🧸 Childcare & Education
Medellin
Ferrol
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$793 COP 2.5M
-
-
International Primary School, 1 Child (Yearly)
$9,019 COP 28.2M
-
-
👕👟 Clothing & Footwear
Medellin
Ferrol
Difference
Jeans (Levis 501 Or Similar)
$85.6 COP 267.5K
-
-
Summer Dress (H&M, Zara, etc)
$58.5 COP 182.7K
-
-
Sport Shoes (Adidas, Nike)
$136 COP 425.9K
-
-
Men's Leather Business Shoes
$103 COP 322.2K
-
-
🏠 Accommodation & Living
Medellin
Ferrol
Difference
1-bedroom Apartment, City Center (Monthly)
$1,060 COP 3.3M
$946 €814
12.01%
1-bedroom Apartment, Outside City Center (Monthly)
$680 COP 2.1M
$698 €601
-2.65%
3-bedroom Apartment, City Center (Monthly)
$2,012 COP 6.3M
$1,627 €1,400
23.64%
3-bedroom Apartment, Outside City Center (Monthly)
$1,169 COP 3.7M
$1,171 €1,007
-0.17%
Buy Apartment in City Center (m2)
$4,111 COP 12.8M
$1,760 €1,514
133.66%
Buy Apartment Outside City Center (m2)
$1,701 COP 5.3M
-
-
💵 Salaries & Financials
Medellin
Ferrol
Difference
Average Monthly Net Salary (After Tax)
$665 COP 2.1M
$1,623 €1,396
-59.00%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.94
3.5
212.57%

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

Last update for Medellin: August 30, 2026

Last update for Ferrol: August 29, 2026

Cost Breakdown

A central one-bedroom costs $1,060 in Medellin versus $946 in Ferrol. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 144% higher in Ferrol, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $48.00 in Medellin versus $46.00 in Ferrol. Monthly groceries follow the same trend: $303 vs $247 – making Ferrol the more affordable choice for daily food spending.

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 Ferrol: Cost of Living - Frequently Asked Questions
How do living costs in Medellin and in Ferrol compare overall?
Monthly costs with rent: $1,716 in Medellin, $1,437 in Ferrol – roughly 19% apart. Medellin costs more across the board, with Clothing & Footwear showing the biggest gap.
What salary covers living expenses in Medellin compared to Ferrol?
For a comfortable life, plan on about $2,574 per month in Medellin and $2,155 in Ferrol. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Medellin and Ferrol?
Rent is clearly cheaper in Ferrol, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city is more expensive overall: Medellin or Ferrol?
Monthly expenses with rent come to $1,716 in Medellin and $1,437 in Ferrol. The difference isn't just one category – it shows up across housing, food, transport, and services.
Which city has cheaper restaurants?
A mid-range dinner for two costs $48.00 in Medellin and $46.00 in Ferrol. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more doable on $2,000 per month?
A $2,000 monthly budget goes further in Ferrol, where all-in costs run around $1,437, than in Medellin at $1,716. In Ferrol it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
How does quality of life compare between Medellin and Ferrol?
It depends on your priorities. Medellin has an edge in some lifestyle areas, with costs from $1,437 in Ferrol to $1,716 in Medellin. Climate, culture, job market, and personal taste all factor in.
Is Medellin or Ferrol safer for residents?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
How do I decide between Medellin and Ferrol?
If budget matters most, go with Ferrol. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.

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