Cost of Living Comparison Between Medellin and Kirkjubaejarklaustur Cost of Living Comparison Between Medellin and Kirkjubaejarklaustur

🙂 Solo nomad: Medellin is 67.8% cheaper than Kirkjubaejarklaustur without rent, and 37.6% cheaper with rent.

🙂 Family of 3: Medellin is 66.2% cheaper than Kirkjubaejarklaustur without rent, and 48.2% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$27.13 ISK 3,385

-77.04%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$144 ISK 18K

-77.62%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$22.94 ISK 2,861

-67.79%

Cappuccino

$1.72 COP 7,155

$6.12 ISK 764

-71.90%

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

$1.1 COP 4,575

$3.26 ISK 406

-66.26%

Water (0.33 liter bottle)

$0.73 COP 3,060

$2.5 ISK 312

-70.80%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$12.76 ISK 1,592

-86.99%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$11.06 ISK 1,380

-71.07%

Milk (1 liter)

$1.09 COP 4,552

$1.86 ISK 232

-41.40%

White Bread (500g)

$1.24 COP 5,188

$4.34 ISK 542

-71.43%

Rice (white) (1kg)

$1.33 COP 5,544

$3.75 ISK 467

-64.53%

Eggs

$2.22 COP 9,252

$6.56 ISK 818

-66.16%

Local Cheese (1kg)

$4.55 COP 19K

$17.88 ISK 2,230

-74.55%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$23.69 ISK 2,955

-75.90%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$42.25 ISK 5,270

-79.67%

Apples (1kg)

$2.26 COP 9,410

$3.24 ISK 404

-30.25%

Banana (1kg)

$1.07 COP 4,461

$2.42 ISK 301

-55.79%

Oranges (1kg)

$1.51 COP 6,293

$3.1 ISK 386

-51.29%

Tomato (1kg)

$1.42 COP 5,911

$5.08 ISK 634

-72.05%

Potato (1kg)

$1.11 COP 4,619

$3.64 ISK 454

-69.51%

Onion (1kg)

$1.18 COP 4,932

$2.41 ISK 300

-51.04%

Lettuce (1 head)

$0.89 COP 3,718

$3.19 ISK 399

-72.10%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.99 ISK 249

-57.79%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$13.67 ISK 1,705

-82.81%

Wine (Bottle)

$9.34 COP 38.9K

$24.55 ISK 3,062

-61.96%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$3.57 ISK 446

-66.95%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.37 ISK 421

-26.11%

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

$6.25 ISK 779

-77.44%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$2.67 ISK 333

-26.59%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$84.6 ISK 10.6K

-90.72%

Gasoline (1 liter)

$1.02 COP 4,265

$2.55 ISK 318

-60.00%

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

$17.6K COP 73.4M

$46.8K ISK 5.8M

-62.36%

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

$26.2K COP 109.2M

$53.1K ISK 6.6M

-50.64%

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

$82.5 COP 344.1K

$89.2 ISK 11.1K

-7.48%

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

$9.44 COP 39.4K

$26.9 ISK 3,356

-64.91%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$86.2 ISK 10.8K

-72.73%

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

$17.44 ISK 2,176

-77.29%

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

$305 COP 1.3M

$326 ISK 40.7K

-6.51%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$30.2K ISK 3.8M

-80.36%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$142 ISK 17.7K

-59.13%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$61.5 ISK 7,665

-48.59%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$180 ISK 22.4K

-42.62%

Men's Leather Business Shoes

$106 COP 440.5K

$267 ISK 33.3K

-60.44%

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 Kirkjubaejarklaustur: October 27, 2025

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