Cost of Living Comparison Between Medellin and Hverageroi Cost of Living Comparison Between Medellin and Hverageroi

🙂 Solo nomad: Medellin is 59.8% cheaper than Hverageroi without rent, and 36.2% cheaper with rent.

🙂 Family of 3: Medellin is 64.3% cheaper than Hverageroi without rent, and 46.2% cheaper with rent.

Meal at Budget Restaurant

$5.97 COP 21.9K

$26.79 ISK 3,375

-77.72%

Three-Course Dinner for Two, Mid-Range

$32.40 COP 119.0K

$146 ISK 18.4K

-77.82%

Fast Food Meal (McDonalds, etc)

$7.13 COP 26.2K

$22.77 ISK 2,868

-68.69%

Cappuccino

$1.65 COP 6,043

$6.04 ISK 761

-72.68%

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

$1.06 COP 3,882

$3.21 ISK 405

-66.98%

Water (0.33 liter bottle)

$0.77 COP 2,839

$2.59 ISK 326

-70.27%

Local Beer (0.5 liter draught)

$1.75 COP 6,418

$12.92 ISK 1,627

-86.46%

Imported Beer (0.33 liter bottle)

$3.06 COP 11.2K

$11.10 ISK 1,398

-72.43%

Milk (1 liter)

$1.10 COP 4,026

$1.92 ISK 242

-42.71%

White Bread (500g)

$1.30 COP 4,771

$4.31 ISK 543

-69.84%

Rice (white) (1kg)

$1.34 COP 4,905

$3.59 ISK 452

-62.67%

Eggs

$2.26 COP 8,299

$6.40 ISK 806

-64.69%

Local Cheese (1kg)

$4.50 COP 16.5K

$18.26 ISK 2,300

-75.36%

Chicken Fillets (1kg)

$5.80 COP 21.3K

$24.32 ISK 3,064

-76.15%

Beef Round Steak (1kg)

$8.96 COP 32.9K

$42.40 ISK 5,341

-78.87%

Apples (1kg)

$2.37 COP 8,691

$3.22 ISK 406

-26.40%

Banana (1kg)

$1.07 COP 3,939

$2.43 ISK 306

-55.97%

Oranges (1kg)

$1.48 COP 5,418

$3.00 ISK 378

-50.67%

Tomato (1kg)

$1.36 COP 5,011

$5.04 ISK 635

-73.02%

Potato (1kg)

$1.13 COP 4,135

$3.65 ISK 460

-69.04%

Onion (1kg)

$1.13 COP 4,161

$2.43 ISK 306

-53.50%

Lettuce (1 head)

$0.89 COP 3,274

$3.02 ISK 380

-70.53%

Water (1.5 liter bottle)

$0.85 COP 3,114

$1.93 ISK 243

-55.96%

Cigarettes 20 Pack (Marlboro, Camel)

$2.28 COP 8,361

$13.92 ISK 1,753

-83.62%

Wine (Bottle)

$10.15 COP 37.3K

$24.29 ISK 3,060

-58.21%

Local Beer (0.5 liter bottle)

$1.19 COP 4,359

$3.67 ISK 463

-67.57%

Imported Beer (0.33 liter bottle)

$2.40 COP 8,828

$3.33 ISK 419

-27.93%

One-way Ticket (Public Transport)

$0.84 COP 3,074

Public Transport Monthly Pass (Regular Price)

$40.85 COP 150.0K

Taxi Start (Normal Tariff)

$1.48 COP 5,417

$6.18 ISK 778

-76.05%

Taxi (Normal Tariff) (1km)

$1.89 COP 6,949

$2.63 ISK 331

-28.14%

Taxi 1hour Waiting (Normal Tariff)

$8.05 COP 29.5K

$84.5 ISK 10.6K

-90.47%

Gasoline (1 liter)

$0.94 COP 3,455

$2.48 ISK 312

-62.10%

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

$17.7K COP 65.1M

$46.4K ISK 5.8M

-61.76%

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

$26.4K COP 96.8M

$52.0K ISK 6.6M

-49.35%

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

$81.9 COP 300.7K

$86.2 ISK 10.9K

-4.99%

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

$9.54 COP 35.0K

$27.97 ISK 3,524

-65.89%

Internet (50+ Mbps, Unlimited Data)

$23.68 COP 87.0K

$83.6 ISK 10.5K

-71.69%

Gym Membership (Monthly)

$25.85 COP 94.9K

Tennis Court (1 Hour on Weekend)

$18.72 COP 68.7K

Cinema Ticket

$4.05 COP 14.9K

$17.84 ISK 2,247

-77.30%

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

$316 COP 1.2M

$321 ISK 40.4K

-1.61%

International Primary School, 1 Child (Yearly)

$5,971 COP 21.9M

$30.5K ISK 3.8M

-80.42%

Jeans (Levis 501 Or Similar)

$59.0 COP 216.4K

$138 ISK 17.4K

-57.34%

Summer Dress (H&M, Zara, etc)

$32.49 COP 119.3K

$62.2 ISK 7,835

-47.76%

Sport Shoes (Adidas, Nike)

$99.9 COP 366.7K

$183 ISK 23.0K

-45.35%

Men's Leather Business Shoes

$108 COP 394.9K

$270 ISK 34.0K

-60.15%

1-bedroom Apartment, City Center (Monthly)

$491 COP 1.8M

1-bedroom Apartment, Outside City Center (Monthly)

$371 COP 1.4M

3-bedroom Apartment, City Center (Monthly)

$821 COP 3.0M

3-bedroom Apartment, Outside City Center (Monthly)

$731 COP 2.7M

Buy Apartment in City Center (m2)

$3,019 COP 11.1M

Buy Apartment Outside City Center (m2)

$1,332 COP 4.9M

Average Monthly Net Salary (After Tax)

$517 COP 1.9M

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

9.63

39.46%

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

Last update for Medellin: January 12, 2026

Last update for Hverageroi: January 11, 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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