Last update: Nov 2026

Cost of Living Comparison Between Medellin and Ierapetra

For one person, living is cheaper in Ierapetra: $1,399 a month against $1,692 in Medellin, rent and utilities included – about $3,500 less a year. Higher rent and utilities in Medellin outweigh lower spending on other living expenses.

80

Cost of Living Index in Medellin
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Medellin Living Index
67

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Ierapetra

🇬🇷 Greece

$1,399

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Ierapetra

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Medellin and in Ierapetra actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,692 in Medellin versus $1,399 in Ierapetra.

Medellin $1,692
Ierapetra $1,399

Estimated couple costs with rent: $2,471 in Medellin versus $2,154 in Ierapetra.

Medellin $2,471
Ierapetra $2,154

Monthly costs for a family of three with rent: $3,249 in Medellin versus $2,908 in Ierapetra.

Medellin $3,249
Ierapetra $2,908

Living in Medellin is roughly 21% more expensive than in Ierapetra, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Medellin 25% above, Ierapetra 3% above.

Meal at Budget Restaurant

$8.34 COP 26.9K

$16.59 €14.84

-49.73%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.2K

$55.7 €49.82

-16.48%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$11.23 €10.04

-15.67%

Cappuccino

$3.13 COP 10.1K

$3.97 €3.55

-21.16%

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

$1.77 COP 5,702

$2.13 €1.91

-16.90%

Water (0.33 liter bottle)

$1.42 COP 4,599

$0.57 €0.51

149.12%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

$4.44 €3.97

-29.05%

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

$4.77 €4.26

19.50%

Milk (1 liter)

$1.53 COP 4,948

$1.10 €0.98

39.09%

White Bread (500g)

$2.29 COP 7,397

$1.10 €0.98

108.18%

Rice (white) (1kg)

$1.94 COP 6,279

$3.37 €3.01

-42.43%

Eggs

$3.07 COP 9,900

$4.60 €4.12

-33.26%

Local Cheese (1kg)

$9.99 COP 32.3K

$16.68 €14.91

-40.11%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$9.35 €8.36

11.76%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$14.62 €13.07

-4.51%

Apples (1kg)

$4.05 COP 13.1K

$2.18 €1.95

85.78%

Banana (1kg)

$1.53 COP 4,934

$2.26 €2.02

-32.30%

Oranges (1kg)

$2.10 COP 6,794

$1.14 €1.02

84.21%

Tomato (1kg)

$2.29 COP 7,405

$1.11 €0.99

106.31%

Potato (1kg)

$2.11 COP 6,810

$1.09 €0.97

93.58%

Onion (1kg)

$1.71 COP 5,518

$1.00 €0.90

71.00%

Lettuce (1 head)

$1.17 COP 3,778

$1.20 €1.07

-2.50%

Water (1.5 liter bottle)

$1.58 COP 5,101

$0.81 €0.72

95.06%

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$5.45 €4.88

-28.26%

Wine (Bottle)

$14.04 COP 45.3K

$9.09 €8.13

54.46%

Local Beer (0.5 liter bottle)

$1.76 COP 5,688

$1.42 €1.27

23.94%

Imported Beer (0.33 liter bottle)

$2.71 COP 8,756

$1.14 €1.02

137.72%

One-way Ticket (Public Transport)

$1.18 COP 3,809

$1.39 €1.24

-15.11%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.3K

$50.6 €45.25

50.77%

Taxi Start (Normal Tariff)

$1.81 COP 5,833

$3.84 €3.43

-52.86%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,874

$1.00 €0.90

113.00%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

$16.60 €14.84

-51.02%

Gasoline (1 liter)

$1.28 COP 4,117

$2.11 €1.89

-39.34%

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

$34.4K COP 111.2M

$27.6K €24.7K

24.84%

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

$34.1K COP 110.2M

$24.4K €21.8K

39.75%

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

$178 COP 573.8K

$148 €132

20.18%

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

$13.89 COP 44.8K

$18.09 €16.17

-23.22%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.2K

$32.88 €29.40

-6.51%

Gym Membership (Monthly)

$41.94 COP 135.4K

$50.6 €45.21

-17.05%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.2K

$19.62 €17.54

-14.37%

Cinema Ticket

$7.47 COP 24.1K

$8.72 €7.79

-14.33%

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

$790 COP 2.6M

$474 €424

66.64%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$6,699 €5,990

83.57%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.7K

$74.2 €66.3

16.38%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.3K

$30.59 €27.35

93.72%

Sport Shoes (Adidas, Nike)

$138 COP 446.6K

$107 €95.3

29.84%

Men's Leather Business Shoes

$98.8 COP 319.0K

$127 €113

-21.95%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$497 €444

169.94%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$382 €342

74.52%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$732 €655

169.88%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$618 €553

67.02%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$2,432 €2,175

68.50%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$1,922 €1,719

0.93%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.53

141.50%

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

Last update for Medellin: November 2, 2026

Last update for Ierapetra: November 1, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Medellin

$667 39.4%

Ierapetra

$382 27.3% 42.7% $285

Groceries & Markets

Medellin

$307 18.2%

Ierapetra

$276 19.8% 10.1% $31

Monthly Utilities & Internet

Medellin

$222 13.1%

Ierapetra

$199 14.2% 10.6% $23

Eating Out

Medellin

$173 10.2%

Ierapetra

$257 18.3% 48.7% $84

Clothing & Footwear

Medellin

$172 10.2%

Ierapetra

$152 10.9% 11.7% $20

Getting Around

Medellin

$93 5.5%

Ierapetra

$65 4.7% 30.5% $28

Sport & Entertainment

Medellin

$57 3.4%

Ierapetra

$68 4.9% 19.5% $11

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Medellin and $497 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $47 in Medellin vs $56 in Ierapetra. Groceries flip the comparison at $307 vs $276, with Ierapetra cheaper for home cooking.

Good to know

🇨🇴 Medellin

🇬🇷 Ierapetra

🕒 Local time

16:31 4:31 PM

23:31 11:31 PM

7 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

12,355

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.77 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 3, 2026: 1 USD = 3,229 COP (10,000 COP = 3.1 USD). 1 EUR = 3,610 COP (10,000 COP = 2.77 EUR).

Euro exchange rates as of November 3, 2026: 1 USD = 0.894 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

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Between locations

Medellin Ierapetra 10,640 km ≈ 14 h nonstop flight

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Medellin
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Distances are measured in a straight line. Your location is detected approximately.

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 Ierapetra: Cost of Living - Frequently Asked Questions

Ierapetra wins on cost – living expenses run 17% lower than in Medellin. Housing and daily spending are where you’ll feel the difference most, making Ierapetra the obvious pick if budget is a priority.

You’d need roughly $2,538 in Medellin and $2,099 in Ierapetra to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,341 in Medellin versus $497 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,692 per month in Medellin versus $1,399 in Ierapetra – Ierapetra is about 17% cheaper, which adds up to real savings over time.

A monthly transit pass in Ierapetra runs roughly 34% less than in Medellin. The price difference matters if you commute daily and watch your budget.

Both cities are expensive relative to $1,000. Ierapetra is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.