Cost of Living Comparison Between Medellin and Kopavogur Cost of Living Comparison Between Medellin and Kopavogur

🙂 Solo nomad: Medellin is 69.5% cheaper than Kopavogur without rent, and 42.3% cheaper with rent.

🙂 Family of 3: Medellin is 67.5% cheaper than Kopavogur without rent, and 48.4% cheaper with rent.

Meal at Budget Restaurant

$6.23 COP 26K

$26.4 ISK 3,293

-76.40%

Three-Course Dinner for Two, Mid-Range

$32.34 COP 134.8K

$96.4 ISK 12K

-66.46%

Fast Food Meal (McDonalds, etc)

$7.39 COP 30.8K

$22.35 ISK 2,788

-66.94%

Cappuccino

$1.72 COP 7,155

$6.02 ISK 751

-71.43%

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

$1.1 COP 4,575

$1.95 ISK 244

-43.59%

Water (0.33 liter bottle)

$0.73 COP 3,060

$2.61 ISK 325

-72.03%

Local Beer (0.5 liter draught)

$1.66 COP 6,916

$10.35 ISK 1,291

-83.96%

Imported Beer (0.33 liter bottle)

$3.2 COP 13.3K

$11.41 ISK 1,423

-71.95%

Milk (1 liter)

$1.09 COP 4,552

$1.67 ISK 208

-34.73%

White Bread (500g)

$1.24 COP 5,188

$4.24 ISK 529

-70.75%

Rice (white) (1kg)

$1.33 COP 5,544

$3.59 ISK 448

-62.95%

Eggs

$2.22 COP 9,252

$6.55 ISK 818

-66.11%

Local Cheese (1kg)

$4.55 COP 19K

$17.96 ISK 2,240

-74.67%

Chicken Fillets (1kg)

$5.71 COP 23.8K

$23.73 ISK 2,960

-75.94%

Beef Round Steak (1kg)

$8.59 COP 35.8K

$42.16 ISK 5,259

-79.63%

Apples (1kg)

$2.26 COP 9,410

$3.24 ISK 404

-30.25%

Banana (1kg)

$1.07 COP 4,461

$2.53 ISK 316

-57.71%

Oranges (1kg)

$1.51 COP 6,293

$3.08 ISK 384

-50.97%

Tomato (1kg)

$1.42 COP 5,911

$5.11 ISK 638

-72.21%

Potato (1kg)

$1.11 COP 4,619

$3.64 ISK 454

-69.51%

Onion (1kg)

$1.18 COP 4,932

$2.42 ISK 302

-51.24%

Lettuce (1 head)

$0.89 COP 3,718

$3.09 ISK 386

-71.20%

Water (1.5 liter bottle)

$0.84 COP 3,507

$1.91 ISK 238

-56.02%

Cigarettes 20 Pack (Marlboro, Camel)

$2.35 COP 9,809

$13.69 ISK 1,708

-82.83%

Wine (Bottle)

$9.34 COP 38.9K

$24.08 ISK 3,004

-61.21%

Local Beer (0.5 liter bottle)

$1.18 COP 4,927

$3.67 ISK 457

-67.85%

Imported Beer (0.33 liter bottle)

$2.49 COP 10.4K

$3.27 ISK 408

-23.85%

One-way Ticket (Public Transport)

$0.83 COP 3,464

$4.49 ISK 561

-81.51%

Public Transport Monthly Pass (Regular Price)

$41.9 COP 174.7K

$72.3 ISK 9,017

-42.03%

Taxi Start (Normal Tariff)

$1.41 COP 5,899

$5.76 ISK 719

-75.52%

Taxi (Normal Tariff) (1km)

$1.96 COP 8,164

$2.66 ISK 332

-26.32%

Taxi 1hour Waiting (Normal Tariff)

$7.85 COP 32.7K

$85.1 ISK 10.6K

-90.77%

Gasoline (1 liter)

$1.02 COP 4,265

$2.44 ISK 305

-58.20%

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

$17.6K COP 73.4M

$47.9K ISK 6M

-63.28%

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

$26.2K COP 109.2M

$52.6K ISK 6.6M

-50.20%

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

$82.5 COP 344.1K

$88.1 ISK 11K

-6.30%

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

$9.44 COP 39.4K

$27.84 ISK 3,473

-66.09%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 98K

$83.8 ISK 10.5K

-71.95%

Gym Membership (Monthly)

$25.68 COP 107.1K

$70.1 ISK 8,740

-63.35%

Tennis Court (1 Hour on Weekend)

$19.14 COP 79.8K

Cinema Ticket

$3.96 COP 16.5K

$16.26 ISK 2,029

-75.65%

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

$305 COP 1.3M

$327 ISK 40.8K

-6.79%

International Primary School, 1 Child (Yearly)

$5,925 COP 24.7M

$29.6K ISK 3.7M

-79.97%

Jeans (Levis 501 Or Similar)

$57.9 COP 241.4K

$141 ISK 17.6K

-58.89%

Summer Dress (H&M, Zara, etc)

$31.59 COP 131.7K

$53.2 ISK 6,641

-40.66%

Sport Shoes (Adidas, Nike)

$103 COP 430.1K

$161 ISK 20K

-35.76%

Men's Leather Business Shoes

$106 COP 440.5K

$262 ISK 32.7K

-59.72%

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

$6,064 ISK 756.5K

-63.88%

Buy Apartment Outside City Center (m2)

$1,532 COP 6.4M

$5,954 ISK 742.8K

-74.26%

Average Monthly Net Salary (After Tax)

$550 COP 2.3M

$5,280 ISK 658.6K

-89.58%

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 Kopavogur: October 27, 2025

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