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

🙂 Solo nomad: Medellin is 67.5% cheaper than Hverageroi without rent, and 38.4% cheaper with rent.

🙂 Family of 3: Medellin is 66.5% cheaper than Hverageroi without rent, and 47.8% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$26.93 ISK 3,360

-76.87%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$146 ISK 18.2K

-77.80%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$22.74 ISK 2,837

-67.50%

Cappuccino

$1.72 COP 7,155

$6.07 ISK 758

-71.66%

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

$1.1 COP 4,575

$3.34 ISK 417

-67.07%

Water (0.33 liter bottle)

$0.73 COP 3,060

$2.52 ISK 314

-71.03%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$13.05 ISK 1,628

-87.28%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$11.24 ISK 1,402

-71.53%

Milk (1 liter)

$1.09 COP 4,552

$1.88 ISK 235

-42.02%

White Bread (500g)

$1.24 COP 5,188

$4.15 ISK 518

-70.12%

Rice (white) (1kg)

$1.33 COP 5,544

$3.6 ISK 449

-63.06%

Eggs

$2.22 COP 9,252

$6.3 ISK 786

-64.76%

Local Cheese (1kg)

$4.55 COP 19K

$18.27 ISK 2,279

-75.10%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$24.45 ISK 3,050

-76.65%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$42.95 ISK 5,358

-80.00%

Apples (1kg)

$2.26 COP 9,410

$3.34 ISK 417

-32.34%

Banana (1kg)

$1.07 COP 4,461

$2.42 ISK 302

-55.79%

Oranges (1kg)

$1.51 COP 6,293

$3.03 ISK 378

-50.17%

Tomato (1kg)

$1.42 COP 5,911

$5.08 ISK 633

-72.05%

Potato (1kg)

$1.11 COP 4,619

$3.63 ISK 453

-69.42%

Onion (1kg)

$1.18 COP 4,932

$2.43 ISK 304

-51.44%

Lettuce (1 head)

$0.89 COP 3,718

$3.17 ISK 395

-71.92%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.93 ISK 241

-56.48%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$13.84 ISK 1,726

-83.02%

Wine (Bottle)

$9.34 COP 38.9K

$24.19 ISK 3,018

-61.39%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$3.64 ISK 454

-67.58%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.33 ISK 416

-25.23%

One-way Ticket (Public Transport)

$0.83 COP 3,464

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$6.41 ISK 800

-78.00%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$2.64 ISK 329

-25.76%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$86.9 ISK 10.8K

-90.97%

Gasoline (1 liter)

$1.02 COP 4,265

$2.49 ISK 310

-59.04%

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

$17.6K COP 73.4M

$46.5K ISK 5.8M

-62.17%

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

$26.2K COP 109.2M

$53.2K ISK 6.6M

-50.73%

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

$82.5 COP 344.1K

$86.2 ISK 10.8K

-4.28%

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

$9.44 COP 39.4K

$27.22 ISK 3,395

-65.32%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$87 ISK 10.9K

-72.99%

Gym Membership (Monthly)

$25.68 COP 107.1K

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$17.85 ISK 2,227

-77.82%

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

$305 COP 1.3M

$319 ISK 39.8K

-4.56%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$30.1K ISK 3.7M

-80.29%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$137 ISK 17.1K

-57.65%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$61.8 ISK 7,710

-48.88%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$184 ISK 23K

-44.03%

Men's Leather Business Shoes

$106 COP 440.5K

$265 ISK 33.1K

-60.12%

1-bedroom Apartment, City Center (Monthly)

$489 COP 2M

1-bedroom Apartment, Outside City Center (Monthly)

$379 COP 1.6M

3-bedroom Apartment, City Center (Monthly)

$827 COP 3.4M

3-bedroom Apartment, Outside City Center (Monthly)

$729 COP 3M

Buy Apartment in City Center (m2)

$2,190 COP 9.1M

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

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: October 28, 2025

Last update for Hverageroi: October 29, 2025

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