Last update: Oct 2026

Cost of Living Comparison Between Medellin and Jakobstad

For one person, living is cheaper in Medellin: $1,614 a month against $1,881 in Jakobstad, rent and utilities included – about $3,200 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Medellin
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Medellin Living Index
89

Cost of Living Index in Jakobstad
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Jakobstad Living Index

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Medellin

🇨🇴 Colombia

$1,614

/mo nomad

Jakobstad

🇫🇮 Finland

$1,881

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Jakobstad

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 Jakobstad actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,614 in Medellin versus $1,881 in Jakobstad.

Medellin $1,614
Jakobstad $1,881

Estimated couple costs with rent: $2,402 in Medellin versus $2,811 in Jakobstad.

Medellin $2,402
Jakobstad $2,811

Monthly costs for a family of three with rent: $3,190 in Medellin versus $3,741 in Jakobstad.

Medellin $3,190
Jakobstad $3,741

Living in Medellin costs roughly 14% less than in Jakobstad, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Medellin 20% above, Jakobstad 39% above.

Meal at Budget Restaurant

$7.93 COP 25.3K

$13.34 €11.90

-40.55%

Three-Course Dinner for Two, Mid-Range

$46.13 COP 147.3K

$88.2 €78.7

-47.72%

Fast Food Meal (McDonalds, etc)

$9.50 COP 30.3K

$11.66 €10.40

-18.52%

Cappuccino

$3.11 COP 9,933

$5.14 €4.59

-39.49%

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

$1.83 COP 5,839

$3.06 €2.73

-40.20%

Water (0.33 liter bottle)

$1.38 COP 4,389

$1.94 €1.73

-28.87%

Local Beer (0.5 liter draught)

$3.05 COP 9,737

$7.77 €6.93

-60.75%

Imported Beer (0.33 liter bottle)

$5.50 COP 17.5K

$8.89 €7.93

-38.13%

Milk (1 liter)

$1.45 COP 4,631

$1.30 €1.16

11.54%

White Bread (500g)

$2.36 COP 7,547

$2.73 €2.44

-13.55%

Rice (white) (1kg)

$1.68 COP 5,365

$2.40 €2.14

-30.00%

Eggs

$2.86 COP 9,139

$3.17 €2.83

-9.78%

Local Cheese (1kg)

$10.19 COP 32.5K

$9.06 €8.08

12.47%

Chicken Fillets (1kg)

$9.53 COP 30.4K

$14.00 €12.49

-31.93%

Beef Round Steak (1kg)

$14.04 COP 44.8K

$21.94 €19.57

-36.01%

Apples (1kg)

$4.07 COP 13.0K

$2.26 €2.02

80.09%

Banana (1kg)

$1.50 COP 4,774

$2.11 €1.89

-28.91%

Oranges (1kg)

$2.17 COP 6,938

$2.47 €2.20

-12.15%

Tomato (1kg)

$2.31 COP 7,359

$3.82 €3.41

-39.53%

Potato (1kg)

$1.93 COP 6,155

$1.24 €1.11

55.65%

Onion (1kg)

$1.64 COP 5,231

$1.85 €1.65

-11.35%

Lettuce (1 head)

$1.13 COP 3,595

$2.82 €2.51

-59.93%

Water (1.5 liter bottle)

$1.25 COP 3,981

$1.97 €1.76

-36.55%

Cigarettes 20 Pack (Marlboro, Camel)

$3.99 COP 12.7K

$11.57 €10.32

-65.51%

Wine (Bottle)

$13.35 COP 42.6K

$15.87 €14.16

-15.88%

Local Beer (0.5 liter bottle)

$1.70 COP 5,420

$3.06 €2.73

-44.44%

Imported Beer (0.33 liter bottle)

$2.37 COP 7,576

$3.34 €2.98

-29.04%

One-way Ticket (Public Transport)

$1.21 COP 3,853

$3.36 €3.00

-63.99%

Public Transport Monthly Pass (Regular Price)

$76.5 COP 244.2K

$60.2 €53.7

27.10%

Taxi Start (Normal Tariff)

$1.32 COP 4,208

$4.32 €3.85

-69.44%

Taxi (Normal Tariff) (1km)

$2.14 COP 6,820

$1.35 €1.21

58.52%

Taxi 1hour Waiting (Normal Tariff)

$8.47 COP 27.0K

$66.3 €59.1

-87.22%

Gasoline (1 liter)

$1.30 COP 4,142

$2.36 €2.10

-44.92%

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

$28.0K COP 89.3M

$37.1K €33.1K

-24.56%

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

$35.4K COP 113.0M

$37.3K €33.3K

-5.01%

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

$172 COP 549.3K

$130 €116

32.56%

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

$13.37 COP 42.7K

$24.72 €22.05

-45.91%

Internet (50+ Mbps, Unlimited Data)

$28.73 COP 91.7K

$24.06 €21.46

19.41%

Gym Membership (Monthly)

$45.24 COP 144.4K

$37.86 €33.78

19.49%

Tennis Court (1 Hour on Weekend)

$17.04 COP 54.4K

$23.33 €20.81

-26.96%

Cinema Ticket

$6.28 COP 20.1K

$17.53 €15.64

-64.18%

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

$770 COP 2.5M

$330 €294

133.35%

International Primary School, 1 Child (Yearly)

$9,011 COP 28.8M

$14.3K €12.8K

-37.08%

Jeans (Levis 501 Or Similar)

$86.4 COP 275.8K

$96.5 €86.1

-10.45%

Summer Dress (H&M, Zara, etc)

$57.1 COP 182.4K

$48.42 €43.19

17.99%

Sport Shoes (Adidas, Nike)

$137 COP 435.8K

$103 €91.5

33.12%

Men's Leather Business Shoes

$97.9 COP 312.5K

$156 €139

-37.16%

1-bedroom Apartment, City Center (Monthly)

$1,055 COP 3.4M

$661 €590

59.63%

1-bedroom Apartment, Outside City Center (Monthly)

$616 COP 2.0M

$708 €632

-13.06%

3-bedroom Apartment, City Center (Monthly)

$1,892 COP 6.0M

$1,254 €1,119

50.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,023 COP 3.3M

$946 €843

8.17%

Buy Apartment in City Center (m2)

$4,059 COP 13.0M

$3,644 €3,251

11.38%

Buy Apartment Outside City Center (m2)

$1,678 COP 5.4M

$2,065 €1,842

-18.73%

Average Monthly Net Salary (After Tax)

$652 COP 2.1M

$2,190 €1,953

-70.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

3.51

211.68%

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

Last update for Medellin: October 12, 2026

Last update for Jakobstad: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$616 38.2%

Jakobstad

$708 37.7% 15% $92

Groceries & Markets

Medellin

$295 18.3%

Jakobstad

$375 19.9% 27.2% $80

Monthly Utilities & Internet

Medellin

$214 13.3%

Jakobstad

$179 9.5% 16.6% $36

Clothing & Footwear

Medellin

$170 10.5%

Jakobstad

$181 9.7% 6.7% $11

Eating Out

Medellin

$168 10.4%

Jakobstad

$280 14.9% 66.3% $112

Getting Around

Medellin

$93 5.8%

Jakobstad

$85 4.5% 9.2% $8.6

Sport & Entertainment

Medellin

$58 3.6%

Jakobstad

$73 3.9% 26.2% $15

Cost Breakdown

A one-bedroom apartment in the center runs $1,055 in Medellin and $661 in Jakobstad. Housing cost is often the main lever when comparing two cities.

Jakobstad pays 236% 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: $46.00 in Medellin vs $88.0 in Jakobstad for a mid-range dinner for two. Groceries echo the gap at $295 vs $375 per month, with Medellin cheaper across the board.

Good to know

🇨🇴 Medellin

🇫🇮 Jakobstad

🕒 Local time

17:16 5:16 PM

01:16 1:16 AM

8 h ahead of Medellin

🌤 Weather

👥 Population

2,486,723

19,436

💱 Currency

Colombian Peso COP $

Euro EUR €

📈 Exchange rate

10,000 COP = 3.13 USD

10,000 COP = 2.79 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 October 15, 2026: 1 USD = 3,192 COP (10,000 COP = 3.13 USD). 1 EUR = 3,579 COP (10,000 COP = 2.79 EUR).

Euro exchange rates as of October 15, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

USD to COP in detail →

On the map

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Between locations

Medellin Jakobstad 9,790 km ≈ 13 h nonstop flight

From you

Medellin
Jakobstad

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 Jakobstad: Cost of Living - Frequently Asked Questions

Medellin and Jakobstad differ by about 17% in total monthly costs ($1,614 vs $1,881 including rent). Medellin is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 236% lower in Jakobstad. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,055 in Medellin versus $661 in Jakobstad. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Medellin runs roughly 27% less than in Jakobstad. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $770 in Medellin versus $330 in Jakobstad. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,614 in Medellin versus $1,881 in Jakobstad, a $2,500 budget is realistic in Medellin but tight or insufficient in Jakobstad. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

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.

Safety-wise, Medellin and Jakobstad 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 Medellin gentler on the wallet – expenses run 17% less than in Jakobstad. Beyond cost, consider language, visa policies, and how big the international community is in each city.