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

🙂 Solo nomad: Medellin is 23.8% cheaper than Formosa without rent, and 7.4% more expensive with rent.

🙂 Family of 3: Medellin is 22.6% cheaper than Formosa without rent, and 0.2% cheaper with rent.

Meal at Budget Restaurant

$6.03 COP 22.7K

$10.47 ARS 15.2K

-42.41%

Three-Course Dinner for Two, Mid-Range

$33.17 COP 124.8K

$33.47 ARS 48.6K

-0.90%

Fast Food Meal (McDonalds, etc)

$7.29 COP 27.4K

$8.95 ARS 13.0K

-18.55%

Cappuccino

$1.63 COP 6,133

$2.75 ARS 3,995

-40.73%

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

$1.05 COP 3,947

$1.71 ARS 2,482

-38.60%

Water (0.33 liter bottle)

$0.77 COP 2,899

$1.48 ARS 2,151

-47.97%

Local Beer (0.5 liter draught)

$1.73 COP 6,510

$2.16 ARS 3,132

-19.91%

Imported Beer (0.33 liter bottle)

$3.18 COP 12.0K

$2.93 ARS 4,253

8.53%

Milk (1 liter)

$1.07 COP 4,015

$1.26 ARS 1,833

-15.08%

White Bread (500g)

$1.31 COP 4,935

$1.61 ARS 2,343

-18.63%

Rice (white) (1kg)

$1.38 COP 5,195

$1.97 ARS 2,862

-29.95%

Eggs

$2.25 COP 8,457

$2.26 ARS 3,289

-0.44%

Local Cheese (1kg)

$4.48 COP 16.9K

$10.04 ARS 14.6K

-55.38%

Chicken Fillets (1kg)

$5.74 COP 21.6K

$6.12 ARS 8,882

-6.21%

Beef Round Steak (1kg)

$8.86 COP 33.3K

$9.29 ARS 13.5K

-4.63%

Apples (1kg)

$2.24 COP 8,438

$2.03 ARS 2,947

10.34%

Banana (1kg)

$1.06 COP 3,988

$2.05 ARS 2,975

-48.29%

Oranges (1kg)

$1.51 COP 5,697

$1.27 ARS 1,845

18.90%

Tomato (1kg)

$1.36 COP 5,119

$2.55 ARS 3,705

-46.67%

Potato (1kg)

$1.12 COP 4,218

$1.19 ARS 1,723

-5.88%

Onion (1kg)

$1.17 COP 4,400

$1.25 ARS 1,817

-6.40%

Lettuce (1 head)

$0.90 COP 3,395

$1.26 ARS 1,829

-28.57%

Water (1.5 liter bottle)

$0.84 COP 3,150

$1.48 ARS 2,142

-43.24%

Cigarettes 20 Pack (Marlboro, Camel)

$2.26 COP 8,501

$3.18 ARS 4,622

-28.93%

Wine (Bottle)

$9.97 COP 37.5K

$5.15 ARS 7,480

93.59%

Local Beer (0.5 liter bottle)

$1.18 COP 4,451

$2.08 ARS 3,016

-43.27%

Imported Beer (0.33 liter bottle)

$2.39 COP 8,993

$3.13 ARS 4,543

-23.64%

One-way Ticket (Public Transport)

$0.86 COP 3,233

$0.82 ARS 1,191

4.88%

Public Transport Monthly Pass (Regular Price)

$41.45 COP 156.0K

Taxi Start (Normal Tariff)

$1.47 COP 5,521

$1.54 ARS 2,232

-4.55%

Taxi (Normal Tariff) (1km)

$1.95 COP 7,323

$0.93 ARS 1,346

109.68%

Taxi 1hour Waiting (Normal Tariff)

$7.76 COP 29.2K

$6.05 ARS 8,784

28.26%

Gasoline (1 liter)

$0.97 COP 3,640

$1.07 ARS 1,553

-9.35%

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

$17.9K COP 67.5M

$27.0K ARS 39.2M

-33.43%

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

$26.7K COP 100.6M

$31.0K ARS 45.0M

-13.69%

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

$81.1 COP 305.2K

$67.3 ARS 97.7K

20.50%

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

$9.40 COP 35.4K

$17.29 ARS 25.1K

-45.63%

Internet (50+ Mbps, Unlimited Data)

$23.61 COP 88.8K

$22.81 ARS 33.1K

3.51%

Gym Membership (Monthly)

$25.55 COP 96.1K

$26.35 ARS 38.3K

-3.04%

Tennis Court (1 Hour on Weekend)

$19.29 COP 72.6K

$13.81 ARS 20.1K

39.68%

Cinema Ticket

$4.10 COP 15.4K

$6.29 ARS 9,128

-34.82%

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

$306 COP 1.2M

$220 ARS 319.9K

38.98%

International Primary School, 1 Child (Yearly)

$5,899 COP 22.2M

$2,653 ARS 3.9M

122.35%

Jeans (Levis 501 Or Similar)

$59.8 COP 225.1K

$72.7 ARS 105.5K

-17.66%

Summer Dress (H&M, Zara, etc)

$31.96 COP 120.3K

$70.5 ARS 102.3K

-54.63%

Sport Shoes (Adidas, Nike)

$103 COP 386.5K

$114 ARS 166.0K

-10.17%

Men's Leather Business Shoes

$108 COP 405.9K

$114 ARS 165.3K

-5.23%

1-bedroom Apartment, City Center (Monthly)

$483 COP 1.8M

$331 ARS 480.7K

46.01%

1-bedroom Apartment, Outside City Center (Monthly)

$377 COP 1.4M

$242 ARS 350.9K

56.19%

3-bedroom Apartment, City Center (Monthly)

$822 COP 3.1M

$670 ARS 972.4K

22.70%

3-bedroom Apartment, Outside City Center (Monthly)

$721 COP 2.7M

$537 ARS 779.5K

34.31%

Buy Apartment in City Center (m2)

$2,784 COP 10.5M

$1,922 ARS 2.8M

44.83%

Buy Apartment Outside City Center (m2)

$1,320 COP 5.0M

Average Monthly Net Salary (After Tax)

$538 COP 2.0M

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: March 3, 2026

Last update for Formosa: March 1, 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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