Cost of Living Comparison Between Medellin and Funchal Cost of Living Comparison Between Medellin and Funchal

🙂 Solo nomad: Medellin is 22% cheaper than Funchal without rent, and 49% cheaper with rent.
🙂 Family of 3: Medellin is 22.7% cheaper than Funchal without rent, and 43.6% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Funchal
Difference
Meal at Budget Restaurant
$6.16 COP 22.6K
$11.64 €10.15
-47.08%
Three-Course Dinner for Two, Mid-Range
$32.66 COP 119.8K
$57.1 €49.76
-42.77%
Fast Food Meal (McDonalds, etc)
$7.46 COP 27.3K
$9.01 €7.85
-17.20%
Cappuccino
$1.69 COP 6,196
$1.77 €1.54
-4.52%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.09 COP 4,001
$1.77 €1.55
-38.42%
Water (0.33 liter bottle)
$0.71 COP 2,616
$1.55 €1.35
-54.19%
Local Beer (0.5 liter draught)
$1.74 COP 6,391
$3.57 €3.12
-51.26%
Imported Beer (0.33 liter bottle)
$3.17 COP 11.6K
$3.99 €3.48
-20.55%
🛒 Groceries & Markets
Medellin
Funchal
Difference
Milk (1 liter)
$1.06 COP 3,899
$1.07 €0.93
-0.93%
White Bread (500g)
$1.30 COP 4,764
$1.96 €1.71
-33.67%
Rice (white) (1kg)
$1.40 COP 5,129
$1.68 €1.47
-16.67%
Eggs
$2.25 COP 8,265
$3.83 €3.34
-41.25%
Local Cheese (1kg)
$4.35 COP 15.9K
$10.45 €9.11
-58.37%
Chicken Fillets (1kg)
$5.75 COP 21.1K
$6.96 €6.07
-17.39%
Beef Round Steak (1kg)
$9.03 COP 33.1K
$11.55 €10.07
-21.82%
Apples (1kg)
$2.34 COP 8,598
$1.90 €1.66
23.16%
Banana (1kg)
$1.07 COP 3,914
$1.90 €1.66
-43.68%
Oranges (1kg)
$1.45 COP 5,322
$1.71 €1.49
-15.20%
Tomato (1kg)
$1.42 COP 5,224
$2.55 €2.22
-44.31%
Potato (1kg)
$1.13 COP 4,141
$1.98 €1.73
-42.93%
Onion (1kg)
$1.12 COP 4,114
$1.94 €1.69
-42.27%
Lettuce (1 head)
$0.88 COP 3,211
$1.75 €1.52
-49.71%
Water (1.5 liter bottle)
$0.86 COP 3,149
$0.78 €0.68
10.26%
Cigarettes 20 Pack (Marlboro, Camel)
$2.31 COP 8,480
$5.63 €4.91
-58.97%
Wine (Bottle)
$10.30 COP 37.8K
$6.83 €5.96
50.81%
Local Beer (0.5 liter bottle)
$1.16 COP 4,245
$1.51 €1.32
-23.18%
Imported Beer (0.33 liter bottle)
$2.40 COP 8,802
$3.03 €2.64
-20.79%
🚌 Getting Around
Medellin
Funchal
Difference
One-way Ticket (Public Transport)
$0.84 COP 3,094
$2.22 €1.93
-62.16%
Public Transport Monthly Pass (Regular Price)
$41.96 COP 153.9K
$34.69 €30.25
20.96%
Taxi Start (Normal Tariff)
$1.48 COP 5,428
$3.99 €3.48
-62.91%
Taxi (Normal Tariff) (1km)
$1.91 COP 6,998
$1.25 €1.09
52.80%
Taxi 1hour Waiting (Normal Tariff)
$7.76 COP 28.5K
$19.38 €16.90
-59.96%
Gasoline (1 liter)
$0.97 COP 3,549
$1.95 €1.70
-50.26%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.3K COP 67.0M
$34.6K €30.2K
-47.24%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 96.2M
$38.8K €33.8K
-32.41%
🧾 Monthly Utilities & Internet
Medellin
Funchal
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$83.7 COP 307.0K
$117 €102
-28.63%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.51 COP 34.9K
$20.44 €17.83
-53.47%
Internet (50+ Mbps, Unlimited Data)
$24.14 COP 88.5K
$47.48 €41.40
-49.16%
🎉 Sport & Entertainment
Medellin
Funchal
Difference
Gym Membership (Monthly)
$25.27 COP 92.7K
$43.30 €37.76
-41.64%
Tennis Court (1 Hour on Weekend)
$18.73 COP 68.7K
$8.82 €7.69
112.36%
Cinema Ticket
$4.01 COP 14.7K
$8.85 €7.72
-54.69%
🧸 Childcare & Education
Medellin
Funchal
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$310 COP 1.1M
$440 €384
-29.50%
International Primary School, 1 Child (Yearly)
$5,864 COP 21.5M
$6,453 €5,627
-9.13%
👕👟 Clothing & Footwear
Medellin
Funchal
Difference
Jeans (Levis 501 Or Similar)
$59.1 COP 216.7K
$64.5 €56.2
-8.34%
Summer Dress (H&M, Zara, etc)
$32.01 COP 117.4K
$34.82 €30.37
-8.07%
Sport Shoes (Adidas, Nike)
$99.5 COP 364.7K
$80.8 €70.4
23.13%
Men's Leather Business Shoes
$105 COP 385.6K
$76.7 €66.9
37.15%
🏠 Accommodation & Living
Medellin
Funchal
Difference
1-bedroom Apartment, City Center (Monthly)
$480 COP 1.8M
$1,420 €1,238
-66.17%
1-bedroom Apartment, Outside City Center (Monthly)
$374 COP 1.4M
$1,066 €930
-64.92%
3-bedroom Apartment, City Center (Monthly)
$822 COP 3.0M
$2,465 €2,149
-66.64%
3-bedroom Apartment, Outside City Center (Monthly)
$715 COP 2.6M
$1,734 €1,512
-58.78%
Buy Apartment in City Center (m2)
$2,808 COP 10.3M
$4,808 €4,193
-41.61%
Buy Apartment Outside City Center (m2)
$1,352 COP 5.0M
$3,382 €2,949
-60.02%
💵 Salaries & Financials
Medellin
Funchal
Difference
Average Monthly Net Salary (After Tax)
$552 COP 2.0M
$1,323 €1,154
-58.27%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
5.27
154.84%

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

Last update for Medellin: March 30, 2026

Last update for Funchal: March 30, 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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