Last update: Oct 2026

Cost of Living Comparison Between Medellin and Funchal

For one person, living is cheaper in Medellin: $1,614 a month against $2,099 in Funchal, rent and utilities included – about $5,800 less a year. Higher rent and utilities in Funchal outweigh lower spending on other living expenses.

79

Cost of Living Index in Medellin
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Medellin Living Index
102

Cost of Living Index in Funchal
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Funchal Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Funchal

🇵🇹 Portugal

$2,099

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Funchal

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

Monthly costs for one person with rent: $1,614 in Medellin versus $2,099 in Funchal.

Medellin $1,614
Funchal $2,099

Estimated couple costs with rent: $2,402 in Medellin versus $3,058 in Funchal.

Medellin $2,402
Funchal $3,058

Monthly costs for a family of three with rent: $3,190 in Medellin versus $4,017 in Funchal.

Medellin $3,190
Funchal $4,017

Living in Medellin costs roughly 23% less than in Funchal, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Medellin 20% above, Funchal 56% above.

Meal at Budget Restaurant

$7.93 COP 25.2K

$14.90 €13.25

-46.78%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 146.3K

$64.8 €57.6

-28.80%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.1K

$13.51 €12.02

-29.68%

Cappuccino

$3.11 COP 9,866

$2.00 €1.78

55.50%

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

$1.83 COP 5,800

$1.64 €1.46

11.59%

Water (0.33 liter bottle)

$1.38 COP 4,360

$1.39 €1.24

-0.72%

Local Beer (0.5 liter draught)

$3.05 COP 9,672

$2.87 €2.55

6.27%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.4K

$3.87 €3.44

42.12%

Milk (1 liter)

$1.45 COP 4,600

$1.05 €0.93

38.10%

White Bread (500g)

$2.36 COP 7,496

$1.72 €1.53

37.21%

Rice (white) (1kg)

$1.68 COP 5,328

$1.69 €1.50

-0.59%

Eggs

$2.86 COP 9,077

$3.96 €3.52

-27.78%

Local Cheese (1kg)

$10.19 COP 32.3K

$10.34 €9.20

-1.45%

Chicken Fillets (1kg)

$9.53 COP 30.2K

$7.36 €6.55

29.48%

Beef Round Steak (1kg)

$14.04 COP 44.5K

$11.82 €10.52

18.78%

Apples (1kg)

$4.07 COP 12.9K

$1.73 €1.54

135.26%

Banana (1kg)

$1.50 COP 4,742

$1.82 €1.62

-17.58%

Oranges (1kg)

$2.17 COP 6,891

$1.73 €1.54

25.43%

Tomato (1kg)

$2.31 COP 7,310

$2.51 €2.24

-7.97%

Potato (1kg)

$1.93 COP 6,113

$1.86 €1.65

3.76%

Onion (1kg)

$1.64 COP 5,196

$1.96 €1.75

-16.33%

Lettuce (1 head)

$1.13 COP 3,571

$1.69 €1.50

-33.14%

Water (1.5 liter bottle)

$1.25 COP 3,954

$0.80 €0.71

56.25%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.6K

$5.60 €4.98

-28.75%

Wine (Bottle)

$13.35 COP 42.3K

$6.58 €5.85

102.89%

Local Beer (0.5 liter bottle)

$1.70 COP 5,384

$1.26 €1.12

34.92%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,525

$2.46 €2.19

-3.66%

One-way Ticket (Public Transport)

$1.21 COP 3,827

$2.17 €1.93

-44.24%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 242.5K

$34.10 €30.33

124.31%

Taxi Start (Normal Tariff)

$1.32 COP 4,179

$3.82 €3.40

-65.45%

Taxi (Normal Tariff) (1km)

$2.14 COP 6,774

$1.38 €1.22

55.07%

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 26.8K

$18.88 €16.79

-55.14%

Gasoline (1 liter)

$1.30 COP 4,114

$2.03 €1.80

-35.96%

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

$28.0K COP 88.7M

$34.0K €30.2K

-17.68%

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

$35.4K COP 112.3M

$38.0K €33.8K

-6.84%

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

$172 COP 545.6K

$123 €109

40.05%

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

$13.37 COP 42.4K

$17.20 €15.30

-22.27%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.1K

$49.15 €43.72

-41.55%

Gym Membership (Monthly)

$45.24 COP 143.5K

$41.59 €36.99

8.78%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.0K

$8.56 €7.61

99.07%

Cinema Ticket

$6.28 COP 19.9K

$8.48 €7.54

-25.94%

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

$770 COP 2.4M

$419 €372

83.99%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.6M

$8,353 €7,430

7.88%

Jeans (Levis 501 Or Similar)

$86.4 COP 274.0K

$61.7 €54.9

39.96%

Summer Dress (H&M, Zara, etc)

$57.1 COP 181.1K

$32.72 €29.10

74.60%

Sport Shoes (Adidas, Nike)

$137 COP 432.9K

$88.8 €79.0

53.75%

Men's Leather Business Shoes

$97.9 COP 310.4K

$74.3 €66.1

31.79%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.3M

$1,471 €1,309

-28.29%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$1,222 €1,087

-49.59%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$2,490 €2,215

-24.00%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.2M

$1,981 €1,762

-48.37%

Buy Apartment in City Center (m2)

$4,059 COP 12.9M

$4,739 €4,215

-14.35%

Buy Apartment Outside City Center (m2)

$1,678 COP 5.3M

$3,237 €2,880

-48.16%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$1,457 €1,296

-55.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.59

204.74%

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

Last update for Medellin: October 12, 2026

Last update for Funchal: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$616 38.2%

Funchal

$1.2K 58.2% 98.4% $606

Groceries & Markets

Medellin

$295 18.3%

Funchal

$243 11.6% 17.6% $52

Monthly Utilities & Internet

Medellin

$214 13.3%

Funchal

$189 9% 11.6% $25

Clothing & Footwear

Medellin

$170 10.5%

Funchal

$116 5.5% 31.9% $54

Eating Out

Medellin

$168 10.4%

Funchal

$218 10.4% 29.4% $49

Getting Around

Medellin

$93 5.8%

Funchal

$53 2.6% 42.7% $40

Sport & Entertainment

Medellin

$58 3.6%

Funchal

$59 2.8% 1.3% $0.7

Cost Breakdown

A one-bedroom apartment in the center runs $1,055 in Medellin and $1,471 in Funchal. Housing cost is often the main lever when comparing two cities.

Funchal pays 123% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $46.00 in Medellin vs $65.0 in Funchal. Groceries flip the comparison at $295 vs $243, with Funchal cheaper for home cooking.

Good to know

🇨🇴 Medellin

🇵🇹 Funchal

🕒 Local time

19:16 7:16 PM

01:16 1:16 AM

6 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

105,795

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.15 USD

10,000 COP = 2.81 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 October 19, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

Euro exchange rates as of October 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Funchal 6,720 km ≈ 9 h nonstop flight

From you

Medellin
Funchal

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 Funchal: Cost of Living - Frequently Asked Questions

Medellin and Funchal differ by about 30% in total monthly costs ($1,614 vs $2,099 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 123% lower in Funchal. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,055 in Medellin versus $1,471 in Funchal. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,614 per month in Medellin versus $2,099 in Funchal – a 30% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Medellin runs roughly 124% less than in Funchal. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,614 in Medellin versus $2,099 in Funchal, a $2,500 budget is realistic in Medellin but tight or insufficient in Funchal. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Medellin and Funchal are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Medellin gentler on the wallet – expenses run 30% less than in Funchal. Beyond cost, consider language, visa policies, and how big the international community is in each city.