Cost of Living Comparison Between Medellin and Hanko Cost of Living Comparison Between Medellin and Hanko

🙂 Solo nomad: Medellin is 41.9% cheaper than Hanko without rent, and 43.9% cheaper with rent.
🙂 Family of 3: Medellin is 44.9% cheaper than Hanko without rent, and 39.6% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Hanko
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$15.32 €13.23
-59.33%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$70.8 €61.1
-54.32%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$13.62 €11.76
-45.74%
Cappuccino
$1.72 COP 7,155
$4.34 €3.75
-60.37%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$1.9 €1.64
-42.11%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.52 €1.31
-51.97%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$6.89 €5.95
-75.91%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$7.94 €6.85
-59.70%
🛒 Groceries & Markets
Medellin
Hanko
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.26 €1.09
-13.49%
White Bread (500g)
$1.24 COP 5,188
$1.76 €1.52
-29.55%
Rice (white) (1kg)
$1.33 COP 5,544
$2.33 €2.01
-42.92%
Eggs
$2.22 COP 9,252
$3.55 €3.07
-37.46%
Local Cheese (1kg)
$4.55 COP 19K
$3.53 €3.05
28.90%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$4.74 €4.09
20.46%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$5.69 €4.91
50.97%
Apples (1kg)
$2.26 COP 9,410
$1.16 €1
94.83%
Banana (1kg)
$1.07 COP 4,461
$0.88 €0.76
21.59%
Oranges (1kg)
$1.51 COP 6,293
$2.43 €2.09
-37.86%
Tomato (1kg)
$1.42 COP 5,911
$4.3 €3.71
-66.98%
Potato (1kg)
$1.11 COP 4,619
$1.3 €1.12
-14.62%
Onion (1kg)
$1.18 COP 4,932
$1.9 €1.64
-37.89%
Lettuce (1 head)
$0.89 COP 3,718
$1.78 €1.53
-50.00%
Water (1.5 liter bottle)
$0.84 COP 3,507
$1.75 €1.51
-52.00%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$12.9 €11.13
-81.78%
Wine (Bottle)
$9.34 COP 38.9K
$13.72 €11.85
-31.92%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$3.28 €2.83
-64.02%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$3.8 €3.28
-34.47%
🚌 Getting Around
Medellin
Hanko
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$3.51 €3.03
-76.35%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$66.5 €57.4
-36.95%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$9.35 €8.07
-84.92%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.26 €1.08
55.56%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$98.7 €85.2
-92.05%
Gasoline (1 liter)
$1.02 COP 4,265
$2.17 €1.87
-53.00%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$34.3K €29.6K
-48.65%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$38.1K €32.9K
-31.18%
🧾 Monthly Utilities & Internet
Medellin
Hanko
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$238 €206
-65.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$30.32 €26.18
-68.87%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$24.07 €20.78
-2.33%
🎉 Sport & Entertainment
Medellin
Hanko
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$43.56 €37.61
-41.05%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$24.15 €20.85
-20.75%
Cinema Ticket
$3.96 COP 16.5K
$17.67 €15.25
-77.59%
🧸 Childcare & Education
Medellin
Hanko
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$357 €308
-14.62%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$8,199 €7,079
-27.74%
👕👟 Clothing & Footwear
Medellin
Hanko
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$90 €77.7
-35.70%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$44.79 €38.67
-29.47%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$91.9 €79.4
12.22%
Men's Leather Business Shoes
$106 COP 440.5K
$164 €142
-35.67%
🏠 Accommodation & Living
Medellin
Hanko
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$783 €676
-37.49%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$654 €565
-42.07%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$1,303 €1,125
-36.53%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$1,062 €917
-31.32%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$3,518 €3,037
-37.75%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,257 €1,948
-32.09%
💵 Salaries & Financials
Medellin
Hanko
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$4,022 €3,473
-86.33%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
3.93
241.73%

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

Last update for Medellin: October 28, 2025

Last update for Hanko: October 29, 2025

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