Last update: Nov 2026

Cost of Living Comparison Between Medellin and Khoy

For one person, living is cheaper in Khoy: $355 a month against $1,692 in Medellin, rent and utilities included – about $16,000 less a year. Rent and utilities account for most of the difference.

80

Cost of Living Index in Medellin
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Medellin Living Index
17

Cost of Living Index in Khoy
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Khoy Living Index

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Medellin

🇨🇴 Colombia

$1,692

/mo nomad

Khoy

🇮🇷 Iran

$355

/mo nomad

Monthly Cost of Living

How much you'll spend in Medellin and in Khoy

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

Monthly costs for one person with rent: $1,692 in Medellin versus $355 in Khoy.

Medellin $1,692
Khoy $355

Estimated couple costs with rent: $2,471 in Medellin versus $722 in Khoy.

Medellin $2,471
Khoy $722

Monthly costs for a family of three with rent: $3,249 in Medellin versus $1,089 in Khoy.

Medellin $3,249
Khoy $1,089

Living in Medellin is roughly 377% more expensive than in Khoy, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Medellin is 25% above, Khoy is 74% below.

Meal at Budget Restaurant

$8.34 COP 26.9K

$1.80 $1.80

363.33%

Three-Course Dinner for Two, Mid-Range

$46.53 COP 150.3K

$14.99 $14.99

210.41%

Fast Food Meal (McDonalds, etc)

$9.47 COP 30.6K

$3.56 $3.56

166.01%

Local Non-Alcoholic Beer (0.5 liter draught)

$0.77 $0.77

Imported Non-Alcoholic Beer (0.33 liter bottle)

$1.25 $1.25

Cappuccino

$3.13 COP 10.1K

$1.08 $1.08

189.81%

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

$1.77 COP 5,705

$0.52 $0.52

240.38%

Water (0.33 liter bottle)

$1.42 COP 4,601

$1.11 $1.11

27.93%

Local Beer (0.5 liter draught)

$3.15 COP 10.2K

Imported Beer (0.33 liter bottle)

$5.70 COP 18.4K

Milk (1 liter)

$1.53 COP 4,950

$0.70 $0.70

118.57%

White Bread (500g)

$2.29 COP 7,401

$0.51 $0.51

349.02%

Rice (white) (1kg)

$1.94 COP 6,282

$2.07 $2.07

-6.28%

Eggs

$3.07 COP 9,905

$1.25 $1.25

145.60%

Local Cheese (1kg)

$9.99 COP 32.3K

$4.51 $4.51

121.51%

Chicken Fillets (1kg)

$10.45 COP 33.7K

$3.57 $3.57

192.72%

Beef Round Steak (1kg)

$13.96 COP 45.1K

$10.07 $10.07

38.63%

Apples (1kg)

$4.05 COP 13.1K

$1.01 $1.01

300.99%

Banana (1kg)

$1.53 COP 4,937

$1.43 $1.43

6.99%

Oranges (1kg)

$2.10 COP 6,797

$1.16 $1.16

81.03%

Tomato (1kg)

$2.29 COP 7,409

$0.68 $0.68

236.76%

Potato (1kg)

$2.11 COP 6,813

$0.55 $0.55

283.64%

Onion (1kg)

$1.71 COP 5,521

$0.64 $0.64

167.19%

Lettuce (1 head)

$1.17 COP 3,780

$0.51 $0.51

129.41%

Water (1.5 liter bottle)

$1.58 COP 5,104

$0.27 $0.27

485.19%

Bottle of Non-Alcoholic Wine (Mid-Range)

$0.79 $0.79

Local Non-Alcoholic Beer (0.5 liter bottle)

$0.51 $0.51

Imported Non-Alcoholic Beer (0.33 liter bottle)

$1.41 $1.41

Cigarettes 20 Pack (Marlboro, Camel)

$3.91 COP 12.6K

$2.56 $2.56

52.73%

Wine (Bottle)

$14.04 COP 45.4K

Local Beer (0.5 liter bottle)

$1.76 COP 5,690

Imported Beer (0.33 liter bottle)

$2.71 COP 8,760

One-way Ticket (Public Transport)

$1.18 COP 3,811

$0.17 $0.17

594.12%

Public Transport Monthly Pass (Regular Price)

$76.3 COP 246.4K

$9.62 $9.62

693.04%

Taxi Start (Normal Tariff)

$1.81 COP 5,836

$0.42 $0.42

330.95%

Taxi (Normal Tariff) (1km)

$2.13 COP 6,878

$0.32 $0.32

565.62%

Taxi 1hour Waiting (Normal Tariff)

$8.13 COP 26.3K

$2.98 $2.98

172.82%

Gasoline (1 liter)

$1.28 COP 4,119

$0.10 $0.10

1180.00%

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

$34.4K COP 111.2M

$50.8K $50.8K

-32.20%

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

$34.1K COP 110.3M

$45.3K $45.3K

-24.68%

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

$178 COP 574.1K

$12.78 $12.78

1290.69%

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

$13.89 COP 44.9K

$2.05 $2.05

577.56%

Internet (50+ Mbps, Unlimited Data)

$30.74 COP 99.3K

$3.82 $3.82

704.71%

Gym Membership (Monthly)

$41.94 COP 135.5K

$18.62 $18.62

125.24%

Tennis Court (1 Hour on Weekend)

$16.80 COP 54.3K

$14.17 $14.17

18.56%

Cinema Ticket

$7.47 COP 24.1K

$2.04 $2.04

266.18%

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

$790 COP 2.6M

$106 $106

642.49%

International Primary School, 1 Child (Yearly)

$12.3K COP 39.7M

$2,677 $2,677

359.36%

Jeans (Levis 501 Or Similar)

$86.3 COP 278.9K

$22.95 $22.95

276.21%

Summer Dress (H&M, Zara, etc)

$59.3 COP 191.4K

$28.37 $28.37

108.88%

Sport Shoes (Adidas, Nike)

$138 COP 446.9K

$97.1 $97.1

42.47%

Men's Leather Business Shoes

$98.8 COP 319.2K

$27.00 $27.00

265.96%

1-bedroom Apartment, City Center (Monthly)

$1,341 COP 4.3M

$90.7 $90.7

1378.11%

1-bedroom Apartment, Outside City Center (Monthly)

$667 COP 2.2M

$60.6 $60.6

1001.11%

3-bedroom Apartment, City Center (Monthly)

$1,976 COP 6.4M

$799 $799

147.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,033 COP 3.3M

$361 $361

186.43%

Buy Apartment in City Center (m2)

$4,098 COP 13.2M

$1,146 $1,146

257.74%

Buy Apartment Outside City Center (m2)

$1,940 COP 6.3M

$527 $527

268.21%

Average Monthly Net Salary (After Tax)

$646 COP 2.1M

$213 $213

203.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

24.3

-54.98%

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

Last update for Medellin: November 2, 2026

Last update for Khoy: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Medellin

$667 39.4%

Khoy

$61 17.1% 90.9% $607

Groceries & Markets

Medellin

$307 18.2%

Khoy

$117 32.9% 62% $191

Monthly Utilities & Internet

Medellin

$222 13.1%

Khoy

$19 5.3% 91.6% $204

Eating Out

Medellin

$173 10.2%

Khoy

$45 12.6% 74.1% $128

Clothing & Footwear

Medellin

$172 10.2%

Khoy

$79 22.3% 54.2% $93

Getting Around

Medellin

$93 5.5%

Khoy

$12 3.5% 86.8% $81

Sport & Entertainment

Medellin

$57 3.4%

Khoy

$23 6.4% 60.1% $34

Cost Breakdown

A one-bedroom apartment in the center runs $1,341 in Medellin and $91 in Khoy. Housing cost is often the main lever when comparing two cities.

Medellin pays about 3 times 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: $47 in Medellin vs $15 in Khoy for a mid-range dinner for two. Groceries echo the gap at $307 vs $117 per month, with Khoy cheaper across the board.

Good to know

🇨🇴 Medellin

🇮🇷 Khoy

🕒 Local time

23:29 11:29 PM

07:59 7:59 AM

8 h 30 min ahead of Medellin

🌤 Weather

👥 Population

2,486,723

198,845

💱 Currency

Colombian Peso COP $

USD USD

📈 Exchange rate

10,000 COP = 3.1 USD

10,000 COP = 2.76 EUR

1 USD = 0.891 EUR

Exchange rates and currency converter

USD, EUR to COP – Colombian Peso Converter

🇺🇸 United States Dollar ($)

🇨🇴 Colombian Peso ($)

Colombian Peso exchange rates as of November 6, 2026: 1 USD = 3,230 COP (10,000 COP = 3.1 USD). 1 EUR = 3,626 COP (10,000 COP = 2.76 EUR).

USD exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

USD to COP in detail →

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Between locations

Medellin Khoy 12,130 km ≈ 16 h nonstop flight

From you

Medellin
Khoy

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 Khoy: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,692 in Medellin and $355 in Khoy, so Khoy is about 79% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay in Medellin is about 3 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,341 in Medellin versus $91 in Khoy. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Khoy – a meal for two runs $15 versus $47 in Medellin. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $1,692 per month in Medellin versus $355 in Khoy – Khoy is about 79% cheaper, which adds up to real savings over time.

At $355 in Khoy versus $1,692 in Medellin, a $1,200 budget is realistic in Khoy but tight or insufficient in Medellin. The gap between the two cities makes Khoy 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.

Expats usually find Khoy gentler on the wallet – expenses run 79% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.