Cost of Living Comparison Between Medellin and Formosa Cost of Living Comparison Between Medellin and Formosa

🙂 Solo nomad: Medellin is 16.4% cheaper than Formosa without rent, and 6.7% more expensive with rent.

🙂 Family of 3: Medellin is 25.7% cheaper than Formosa without rent, and 0.6% cheaper with rent.

Meal at Budget Restaurant

$5.97 COP 21.9K

$10.68 ARS 15.5K

-44.10%

Three-Course Dinner for Two, Mid-Range

$32.40 COP 119.0K

$34.02 ARS 49.4K

-4.76%

Fast Food Meal (McDonalds, etc)

$7.13 COP 26.2K

$8.94 ARS 13.0K

-20.25%

Cappuccino

$1.65 COP 6,043

$2.73 ARS 3,971

-39.56%

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

$1.06 COP 3,882

$1.64 ARS 2,387

-35.37%

Water (0.33 liter bottle)

$0.77 COP 2,839

$1.50 ARS 2,184

-48.67%

Local Beer (0.5 liter draught)

$1.75 COP 6,418

$2.05 ARS 2,981

-14.63%

Imported Beer (0.33 liter bottle)

$3.06 COP 11.2K

$2.96 ARS 4,292

3.38%

Milk (1 liter)

$1.10 COP 4,026

$1.25 ARS 1,814

-12.00%

White Bread (500g)

$1.30 COP 4,771

$1.56 ARS 2,268

-16.67%

Rice (white) (1kg)

$1.34 COP 4,905

$2.04 ARS 2,968

-34.31%

Eggs

$2.26 COP 8,299

$2.25 ARS 3,268

0.44%

Local Cheese (1kg)

$4.50 COP 16.5K

$9.93 ARS 14.4K

-54.68%

Chicken Fillets (1kg)

$5.80 COP 21.3K

$6.31 ARS 9,171

-8.08%

Beef Round Steak (1kg)

$8.96 COP 32.9K

$9.46 ARS 13.7K

-5.29%

Apples (1kg)

$2.37 COP 8,691

$2.00 ARS 2,910

18.50%

Banana (1kg)

$1.07 COP 3,939

$2.14 ARS 3,111

-50.00%

Oranges (1kg)

$1.48 COP 5,418

$1.32 ARS 1,923

12.12%

Tomato (1kg)

$1.36 COP 5,011

$2.51 ARS 3,641

-45.82%

Potato (1kg)

$1.13 COP 4,135

$1.18 ARS 1,720

-4.24%

Onion (1kg)

$1.13 COP 4,161

$1.21 ARS 1,756

-6.61%

Lettuce (1 head)

$0.89 COP 3,274

$1.27 ARS 1,846

-29.92%

Water (1.5 liter bottle)

$0.85 COP 3,114

$1.50 ARS 2,176

-43.33%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,361

$3.18 ARS 4,622

-28.30%

Wine (Bottle)

$10.15 COP 37.3K

$5.17 ARS 7,509

96.32%

Local Beer (0.5 liter bottle)

$1.19 COP 4,359

$2.06 ARS 2,993

-42.23%

Imported Beer (0.33 liter bottle)

$2.40 COP 8,828

$3.18 ARS 4,613

-24.53%

One-way Ticket (Public Transport)

$0.84 COP 3,074

$0.78 ARS 1,138

7.69%

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.48 COP 5,417

$1.47 ARS 2,132

0.68%

Taxi (Normal Tariff) (1km)

$1.89 COP 6,949

$0.92 ARS 1,341

105.43%

Taxi 1hour Waiting (Normal Tariff)

$8.05 COP 29.5K

$6.14 ARS 8,912

31.11%

Gasoline (1 liter)

$0.94 COP 3,455

$1.05 ARS 1,523

-10.48%

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

$17.7K COP 65.1M

$27.8K ARS 40.3M

-36.13%

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

$26.4K COP 96.8M

$30.1K ARS 43.7M

-12.46%

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

$81.9 COP 300.7K

$66.8 ARS 97.0K

22.61%

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

$9.54 COP 35.0K

$17.00 ARS 24.7K

-43.88%

Internet (50+ Mbps, Unlimited Data)

$23.68 COP 87.0K

$22.29 ARS 32.4K

6.24%

Gym Membership (Monthly)

$25.85 COP 94.9K

$25.97 ARS 37.7K

-0.46%

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

$13.67 ARS 19.9K

36.94%

Cinema Ticket

$4.05 COP 14.9K

$6.02 ARS 8,743

-32.72%

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

$316 COP 1.2M

$216 ARS 314.2K

45.99%

International Primary School, 1 Child (Yearly)

$5,971 COP 21.9M

$2,676 ARS 3.9M

123.11%

Jeans (Levis 501 Or Similar)

$59.0 COP 216.4K

$75.3 ARS 109.4K

-21.72%

Summer Dress (H&M, Zara, etc)

$32.49 COP 119.3K

$68.8 ARS 99.9K

-52.76%

Sport Shoes (Adidas, Nike)

$99.9 COP 366.7K

$115 ARS 166.7K

-13.01%

Men's Leather Business Shoes

$108 COP 394.9K

$111 ARS 160.5K

-2.71%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

$332 ARS 481.8K

48.14%

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

$234 ARS 340.3K

58.37%

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

$692 ARS 1.0M

18.71%

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

$528 ARS 766.5K

38.52%

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

$2,116 ARS 3.1M

42.72%

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

$1,404 ARS 2.0M

-5.15%

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

58.5

-77.04%

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

Last update for Medellin: January 12, 2026

Last update for Formosa: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

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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