Cost of Living Comparison Between Medellin and Ibiza Cost of Living Comparison Between Medellin and Ibiza

🙂 Solo nomad: Medellin is 35.1% cheaper than Ibiza without rent, and 68.6% cheaper with rent.
🙂 Family of 3: Medellin is 39.1% cheaper than Ibiza without rent, and 58.8% cheaper with rent.
Currency
🍽 Eating Out
Medellin
Ibiza
Difference
Meal at Budget Restaurant
$6.23 COP 26K
$17.17 €14.83
-63.72%
Three-Course Dinner for Two, Mid-Range
$32.34 COP 134.8K
$68.4 €59
-52.68%
Fast Food Meal (McDonalds, etc)
$7.39 COP 30.8K
$11.75 €10.15
-37.11%
Cappuccino
$1.72 COP 7,155
$2.55 €2.2
-32.55%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.1 COP 4,575
$2.96 €2.56
-62.84%
Water (0.33 liter bottle)
$0.73 COP 3,060
$1.46 €1.26
-50.00%
Local Beer (0.5 liter draught)
$1.66 COP 6,916
$3.56 €3.08
-53.37%
Imported Beer (0.33 liter bottle)
$3.2 COP 13.3K
$3.72 €3.21
-13.98%
🛒 Groceries & Markets
Medellin
Ibiza
Difference
Milk (1 liter)
$1.09 COP 4,552
$1.36 €1.17
-19.85%
White Bread (500g)
$1.24 COP 5,188
$3.56 €3.07
-65.17%
Rice (white) (1kg)
$1.33 COP 5,544
$1.41 €1.22
-5.67%
Eggs
$2.22 COP 9,252
$2.9 €2.51
-23.45%
Local Cheese (1kg)
$4.55 COP 19K
$20.73 €17.9
-78.05%
Chicken Fillets (1kg)
$5.71 COP 23.8K
$8.55 €7.38
-33.22%
Beef Round Steak (1kg)
$8.59 COP 35.8K
$15.1 €13.04
-43.11%
Apples (1kg)
$2.26 COP 9,410
$2.57 €2.22
-12.06%
Banana (1kg)
$1.07 COP 4,461
$1.97 €1.7
-45.69%
Oranges (1kg)
$1.51 COP 6,293
$1.92 €1.66
-21.35%
Tomato (1kg)
$1.42 COP 5,911
$2.69 €2.32
-47.21%
Potato (1kg)
$1.11 COP 4,619
$1.78 €1.54
-37.64%
Onion (1kg)
$1.18 COP 4,932
$1.99 €1.72
-40.70%
Lettuce (1 head)
$0.89 COP 3,718
$1.4 €1.2
-36.43%
Water (1.5 liter bottle)
$0.84 COP 3,507
$0.33 €0.29
154.55%
Cigarettes 20 Pack (Marlboro, Camel)
$2.35 COP 9,809
$5.47 €4.73
-57.04%
Wine (Bottle)
$9.34 COP 38.9K
$5.7 €4.92
63.86%
Local Beer (0.5 liter bottle)
$1.18 COP 4,927
$1.44 €1.24
-18.06%
Imported Beer (0.33 liter bottle)
$2.49 COP 10.4K
$1.66 €1.43
50.00%
🚌 Getting Around
Medellin
Ibiza
Difference
One-way Ticket (Public Transport)
$0.83 COP 3,464
$2.39 €2.06
-65.27%
Public Transport Monthly Pass (Regular Price)
$41.9 COP 174.7K
$34.14 €29.47
22.73%
Taxi Start (Normal Tariff)
$1.41 COP 5,899
$4.4 €3.8
-67.95%
Taxi (Normal Tariff) (1km)
$1.96 COP 8,164
$1.28 €1.1
53.12%
Taxi 1hour Waiting (Normal Tariff)
$7.85 COP 32.7K
$25.98 €22.43
-69.78%
Gasoline (1 liter)
$1.02 COP 4,265
$1.85 €1.6
-44.86%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.6K COP 73.4M
$38.8K €33.5K
-54.66%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.2K COP 109.2M
$30.3K €26.2K
-13.53%
🧾 Monthly Utilities & Internet
Medellin
Ibiza
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$82.5 COP 344.1K
$237 €205
-65.18%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.44 COP 39.4K
$22.77 €19.66
-58.54%
Internet (50+ Mbps, Unlimited Data)
$23.51 COP 98K
$32.09 €27.71
-26.74%
🎉 Sport & Entertainment
Medellin
Ibiza
Difference
Gym Membership (Monthly)
$25.68 COP 107.1K
$87.9 €75.9
-70.79%
Tennis Court (1 Hour on Weekend)
$19.14 COP 79.8K
$14.81 €12.79
29.24%
Cinema Ticket
$3.96 COP 16.5K
$9.6 €8.29
-58.75%
🧸 Childcare & Education
Medellin
Ibiza
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 1.3M
$404 €349
-24.59%
International Primary School, 1 Child (Yearly)
$5,925 COP 24.7M
$7,587 €6,550
-21.91%
👕👟 Clothing & Footwear
Medellin
Ibiza
Difference
Jeans (Levis 501 Or Similar)
$57.9 COP 241.4K
$73 €63.1
-20.72%
Summer Dress (H&M, Zara, etc)
$31.59 COP 131.7K
$56 €48.37
-43.62%
Sport Shoes (Adidas, Nike)
$103 COP 430.1K
$84.9 €73.3
21.58%
Men's Leather Business Shoes
$106 COP 440.5K
$162 €140
-34.75%
🏠 Accommodation & Living
Medellin
Ibiza
Difference
1-bedroom Apartment, City Center (Monthly)
$489 COP 2M
$2,323 €2,006
-78.93%
1-bedroom Apartment, Outside City Center (Monthly)
$379 COP 1.6M
$2,065 €1,783
-81.64%
3-bedroom Apartment, City Center (Monthly)
$827 COP 3.4M
$2,683 €2,316
-69.17%
3-bedroom Apartment, Outside City Center (Monthly)
$729 COP 3M
$2,542 €2,195
-71.31%
Buy Apartment in City Center (m2)
$2,190 COP 9.1M
$6,120 €5,284
-64.22%
Buy Apartment Outside City Center (m2)
$1,532 COP 6.4M
$2,812 €2,427
-45.49%
💵 Salaries & Financials
Medellin
Ibiza
Difference
Average Monthly Net Salary (After Tax)
$550 COP 2.3M
$2,002 €1,729
-72.53%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
3.5
283.71%

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

Last update for Medellin: October 28, 2025

Last update for Ibiza: October 29, 2025

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