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

🙂 Solo nomad: Medellin is 24.9% cheaper than Formosa without rent, and 2.4% more expensive with rent.

🙂 Family of 3: Medellin is 24% cheaper than Formosa without rent, and 4.9% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$10.53 ARS 12.5K

-40.84%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$33.73 ARS 40.1K

-4.12%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$9.27 ARS 11K

-20.28%

Cappuccino

$1.72 COP 7,155

$2.75 ARS 3,265

-37.45%

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

$1.1 COP 4,575

$1.64 ARS 1,950

-32.93%

Water (0.33 liter bottle)

$0.73 COP 3,060

$1.48 ARS 1,759

-50.68%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$2.07 ARS 2,460

-19.81%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$2.93 ARS 3,478

9.22%

Milk (1 liter)

$1.09 COP 4,552

$1.32 ARS 1,564

-17.42%

White Bread (500g)

$1.24 COP 5,188

$1.62 ARS 1,922

-23.46%

Rice (white) (1kg)

$1.33 COP 5,544

$2.01 ARS 2,385

-33.83%

Eggs

$2.22 COP 9,252

$2.28 ARS 2,703

-2.63%

Local Cheese (1kg)

$4.55 COP 19K

$10.01 ARS 11.9K

-54.55%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$6.32 ARS 7,510

-9.65%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$9.19 ARS 10.9K

-6.53%

Apples (1kg)

$2.26 COP 9,410

$2.02 ARS 2,395

11.88%

Banana (1kg)

$1.07 COP 4,461

$2.14 ARS 2,538

-50.00%

Oranges (1kg)

$1.51 COP 6,293

$1.33 ARS 1,577

13.53%

Tomato (1kg)

$1.42 COP 5,911

$2.52 ARS 2,991

-43.65%

Potato (1kg)

$1.11 COP 4,619

$1.13 ARS 1,340

-1.77%

Onion (1kg)

$1.18 COP 4,932

$1.19 ARS 1,410

-0.84%

Lettuce (1 head)

$0.89 COP 3,718

$1.26 ARS 1,494

-29.37%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.47 ARS 1,751

-42.86%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$3.21 ARS 3,811

-26.79%

Wine (Bottle)

$9.34 COP 38.9K

$5.18 ARS 6,151

80.31%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$2 ARS 2,376

-41.00%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.1 ARS 3,678

-19.68%

One-way Ticket (Public Transport)

$0.83 COP 3,464

$0.83 ARS 980

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$1.51 ARS 1,795

-6.62%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$0.93 ARS 1,100

110.75%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$6.07 ARS 7,211

29.32%

Gasoline (1 liter)

$1.02 COP 4,265

$1.11 ARS 1,320

-8.11%

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

$17.6K COP 73.4M

$27.5K ARS 32.7M

-36.10%

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

$26.2K COP 109.2M

$30.1K ARS 35.8M

-13.02%

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

$82.5 COP 344.1K

$66.7 ARS 79.2K

23.70%

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

$9.44 COP 39.4K

$17.46 ARS 20.7K

-45.93%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$22.68 ARS 26.9K

3.66%

Gym Membership (Monthly)

$25.68 COP 107.1K

$26.07 ARS 31K

-1.50%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

$13.56 ARS 16.1K

41.15%

Cinema Ticket

$3.96 COP 16.5K

$6.08 ARS 7,218

-34.87%

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

$305 COP 1.3M

$219 ARS 259.5K

39.47%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$2,689 ARS 3.2M

120.35%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$75.1 ARS 89.1K

-22.86%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$69 ARS 81.9K

-54.18%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$117 ARS 139.1K

-11.95%

Men's Leather Business Shoes

$106 COP 440.5K

$112 ARS 132.8K

-5.51%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

$344 ARS 408.5K

42.28%

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

$242 ARS 287.4K

56.63%

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

$669 ARS 794.5K

23.60%

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

$527 ARS 625.8K

38.35%

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

$1,931 ARS 2.3M

13.42%

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

$1,526 ARS 1.8M

0.43%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

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: October 28, 2025

Last update for Formosa: October 28, 2025

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