Cost of Living Comparison Between Medellin and Homagama Cost of Living Comparison Between Medellin and Homagama

Monthly Cost of Living

Monthly costs for one person with rent: $1,034 in Medellin versus $508 in Homagama.

Estimated couple costs with rent: $1,577 in Medellin versus $807 in Homagama.

Monthly costs for a family of three with rent: $2,120 in Medellin versus $1,107 in Homagama.

Living in Medellin is roughly 104% more expensive than Homagama, driven mainly by Clothing & Footwear.

Both cities sit below the global median: Medellin 23% lower, Homagama 62% lower.

Meal at Budget Restaurant

$5.92 COP 21.4K

$3.91 LKR 1,247

51.41%

Three-Course Dinner for Two, Mid-Range

$32.75 COP 118.2K

$24.66 LKR 7,863

32.81%

Fast Food Meal (McDonalds, etc)

$7.20 COP 26.0K

$8.45 LKR 2,694

-14.79%

Cappuccino

$1.70 COP 6,140

$2.72 LKR 866

-37.50%

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

$1.10 COP 3,966

$0.68 LKR 217

61.76%

Water (0.33 liter bottle)

$0.72 COP 2,605

$0.38 LKR 121

89.47%

Local Beer (0.5 liter draught)

$1.67 COP 6,022

$2.32 LKR 741

-28.02%

Imported Beer (0.33 liter bottle)

$3.10 COP 11.2K

$3.25 LKR 1,036

-4.62%

Milk (1 liter)

$1.06 COP 3,809

$1.35 LKR 429

-21.48%

White Bread (500g)

$1.25 COP 4,497

$0.56 LKR 177

123.21%

Rice (white) (1kg)

$1.39 COP 5,022

$0.64 LKR 203

117.19%

Eggs

$2.26 COP 8,168

$2.04 LKR 651

10.78%

Local Cheese (1kg)

$4.33 COP 15.6K

$13.97 LKR 4,455

-69.01%

Chicken Fillets (1kg)

$5.84 COP 21.1K

$4.07 LKR 1,297

43.49%

Beef Round Steak (1kg)

$8.83 COP 31.9K

$7.96 LKR 2,538

10.93%

Apples (1kg)

$2.24 COP 8,099

$7.55 LKR 2,407

-70.33%

Banana (1kg)

$1.08 COP 3,882

$0.99 LKR 315

9.09%

Oranges (1kg)

$1.53 COP 5,522

$5.96 LKR 1,902

-74.33%

Tomato (1kg)

$1.37 COP 4,950

$1.25 LKR 399

9.60%

Potato (1kg)

$1.13 COP 4,078

$1.15 LKR 367

-1.74%

Onion (1kg)

$1.12 COP 4,036

$0.98 LKR 312

14.29%

Lettuce (1 head)

$0.85 COP 3,057

$1.19 LKR 380

-28.57%

Water (1.5 liter bottle)

$0.91 COP 3,281

$0.51 LKR 164

78.43%

Cigarettes 20 Pack (Marlboro, Camel)

$2.33 COP 8,414

$10.20 LKR 3,253

-77.16%

Wine (Bottle)

$11.13 COP 40.2K

$12.77 LKR 4,073

-12.84%

Local Beer (0.5 liter bottle)

$1.19 COP 4,309

$1.96 LKR 624

-39.29%

Imported Beer (0.33 liter bottle)

$2.37 COP 8,553

$2.30 LKR 734

3.04%

One-way Ticket (Public Transport)

$0.79 COP 2,838

$0.49 LKR 156

61.22%

Public Transport Monthly Pass (Regular Price)

$41.13 COP 148.5K

Taxi Start (Normal Tariff)

$1.44 COP 5,184

$0.39 LKR 123

269.23%

Taxi (Normal Tariff) (1km)

$1.91 COP 6,901

$0.35 LKR 112

445.71%

Taxi 1hour Waiting (Normal Tariff)

$8.02 COP 28.9K

$0.57 LKR 181

1307.02%

Gasoline (1 liter)

$0.94 COP 3,385

$1.25 LKR 399

-24.80%

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

$17.9K COP 64.7M

$15.0K LKR 4.8M

19.78%

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

$26.8K COP 96.7M

$23.2K LKR 7.4M

15.61%

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

$84.0 COP 303.1K

$23.32 LKR 7,437

260.03%

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

$9.60 COP 34.7K

$3.32 LKR 1,060

189.16%

Internet (50+ Mbps, Unlimited Data)

$24.16 COP 87.2K

$15.29 LKR 4,875

58.01%

Gym Membership (Monthly)

$25.88 COP 93.4K

$6.57 LKR 2,097

293.91%

Tennis Court (1 Hour on Weekend)

$19.04 COP 68.7K

$3.38 LKR 1,079

463.31%

Cinema Ticket

$3.92 COP 14.1K

$3.29 LKR 1,050

19.15%

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

$306 COP 1.1M

$37.35 LKR 11.9K

720.24%

International Primary School, 1 Child (Yearly)

$5,919 COP 21.4M

$443 LKR 141.3K

1235.90%

Jeans (Levis 501 Or Similar)

$57.9 COP 209.1K

$27.74 LKR 8,846

108.76%

Summer Dress (H&M, Zara, etc)

$31.82 COP 114.9K

$13.23 LKR 4,220

140.51%

Sport Shoes (Adidas, Nike)

$99.9 COP 360.6K

$26.43 LKR 8,427

277.98%

Men's Leather Business Shoes

$107 COP 386.8K

$30.62 LKR 9,764

249.90%

1-bedroom Apartment, City Center (Monthly)

$487 COP 1.8M

$109 LKR 34.8K

345.68%

1-bedroom Apartment, Outside City Center (Monthly)

$368 COP 1.3M

$49.90 LKR 15.9K

637.60%

3-bedroom Apartment, City Center (Monthly)

$826 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$716 COP 2.6M

Buy Apartment in City Center (m2)

$2,925 COP 10.6M

Buy Apartment Outside City Center (m2)

$1,407 COP 5.1M

Average Monthly Net Salary (After Tax)

$546 COP 2.0M

$155 LKR 49.3K

252.78%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

16.45

-18.36%

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

Last update for Medellin: April 27, 2026

Last update for Homagama: April 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $487 in Medellin and $109 in Homagama. Housing cost is often the main lever when comparing two cities.

Medellin pays 253% 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: $33.00 in Medellin vs $25.00 in Homagama. Groceries flip the comparison at $190 vs $246, with Medellin cheaper for home cooking.

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 Homagama: Cost of Living - Frequently Asked Questions

Homagama is cheaper overall, especially in Clothing & Footwear, Getting Around, Monthly Utilities & Internet, Sport & Entertainment. The 104% gap adds up to real monthly savings that compound significantly over time.

Medellin pays 253% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $487 in Medellin versus $109 in Homagama. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $306 in Medellin versus $37.35 in Homagama. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Homagama – a meal for two runs $25.00 versus $33.00 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

At $508 in Homagama versus $1,034 in Medellin, a $1,500 budget is realistic in Homagama but tight or insufficient in Medellin. The gap between the two cities makes Homagama the clear choice for anyone on this budget.

For families, Homagama is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Medellin and Homagama 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 Homagama gentler on the wallet – expenses run 104% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.