Cost of Living Comparison Between Medellin and Lanzarote Cost of Living Comparison Between Medellin and Lanzarote

🙂 Solo nomad: Medellin is 29.5% cheaper than Lanzarote without rent, and 39.1% cheaper with rent.

🙂 Family of 3: Medellin is 26.9% cheaper than Lanzarote without rent, and 32% cheaper with rent.

Meal at Budget Restaurant

$5.91 COP 22.5K

$12.17 €10.48

-51.44%

Three-Course Dinner for Two, Mid-Range

$32.19 COP 122.7K

$56.9 €48.99

-43.41%

Fast Food Meal (McDonalds, etc)

$7.21 COP 27.5K

$10.46 €9.01

-31.07%

Cappuccino

$1.65 COP 6,284

$2.32 €2

-28.88%

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

$1.11 COP 4,224

$2.11 €1.82

-47.39%

Water (0.33 liter bottle)

$0.71 COP 2,716

$1.21 €1.04

-41.32%

Local Beer (0.5 liter draught)

$1.74 COP 6,637

$2.91 €2.51

-40.21%

Imported Beer (0.33 liter bottle)

$3.19 COP 12.2K

$4.25 €3.66

-24.94%

Milk (1 liter)

$1.1 COP 4,176

$1.23 €1.06

-10.57%

White Bread (500g)

$1.3 COP 4,965

$1.44 €1.24

-9.72%

Rice (white) (1kg)

$1.39 COP 5,302

$2.05 €1.77

-32.20%

Eggs

$2.18 COP 8,302

$3.36 €2.9

-35.12%

Local Cheese (1kg)

$4.54 COP 17.3K

$11.84 €10.2

-61.66%

Chicken Fillets (1kg)

$5.85 COP 22.3K

$10.06 €8.66

-41.85%

Beef Round Steak (1kg)

$8.62 COP 32.8K

$16.87 €14.53

-48.90%

Apples (1kg)

$2.24 COP 8,539

$2.43 €2.1

-7.82%

Banana (1kg)

$1.07 COP 4,080

$2.53 €2.18

-57.71%

Oranges (1kg)

$1.53 COP 5,822

$2.32 €2

-34.05%

Tomato (1kg)

$1.41 COP 5,377

$2.5 €2.16

-43.60%

Potato (1kg)

$1.12 COP 4,269

$1.78 €1.53

-37.08%

Onion (1kg)

$1.14 COP 4,343

$2.79 €2.41

-59.14%

Lettuce (1 head)

$0.9 COP 3,418

$1.88 €1.62

-52.13%

Water (1.5 liter bottle)

$0.91 COP 3,481

$0.9 €0.78

1.11%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 COP 8,932

$4.76 €4.1

-50.84%

Wine (Bottle)

$9.94 COP 37.9K

$6.49 €5.59

53.16%

Local Beer (0.5 liter bottle)

$1.15 COP 4,369

$1.61 €1.39

-28.57%

Imported Beer (0.33 liter bottle)

$2.38 COP 9,066

$3.67 €3.17

-35.15%

One-way Ticket (Public Transport)

$0.81 COP 3,069

$1.7 €1.46

-52.35%

Public Transport Monthly Pass (Regular Price)

$40.57 COP 154.6K

$34.55 €29.76

17.42%

Taxi Start (Normal Tariff)

$1.46 COP 5,572

$3.39 €2.92

-56.93%

Taxi (Normal Tariff) (1km)

$1.99 COP 7,570

$2.1 €1.81

-5.24%

Taxi 1hour Waiting (Normal Tariff)

$7.96 COP 30.3K

$23.4 €20.15

-65.98%

Gasoline (1 liter)

$1.01 COP 3,844

$1.66 €1.43

-39.16%

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

$17.7K COP 67.3M

$39.2K €33.8K

-54.96%

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

$26.8K COP 102.1M

$30K €25.9K

-10.80%

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

$80.8 COP 308K

$81.5 €70.2

-0.81%

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

$9.39 COP 35.8K

$20.67 €17.8

-54.57%

Internet (50+ Mbps, Unlimited Data)

$23.51 COP 89.6K

$30.15 €25.97

-22.02%

Gym Membership (Monthly)

$25.61 COP 97.6K

$48.45 €41.73

-47.14%

Tennis Court (1 Hour on Weekend)

$18.95 COP 72.2K

$15.1 €13.01

25.50%

Cinema Ticket

$4.12 COP 15.7K

$9.51 €8.19

-56.68%

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

$306 COP 1.2M

$520 €448

-41.04%

International Primary School, 1 Child (Yearly)

$5,875 COP 22.4M

$6,317 €5,441

-7.00%

Jeans (Levis 501 Or Similar)

$58.8 COP 224K

$104 €89.4

-43.33%

Summer Dress (H&M, Zara, etc)

$31.9 COP 121.5K

$52.8 €45.47

-39.57%

Sport Shoes (Adidas, Nike)

$102 COP 387.4K

$106 €91.3

-4.08%

Men's Leather Business Shoes

$108 COP 413K

$149 €128

-27.25%

1-bedroom Apartment, City Center (Monthly)

$478 COP 1.8M

$862 €742

-44.56%

1-bedroom Apartment, Outside City Center (Monthly)

$375 COP 1.4M

$685 €590

-45.20%

3-bedroom Apartment, City Center (Monthly)

$838 COP 3.2M

$1,322 €1,139

-36.61%

3-bedroom Apartment, Outside City Center (Monthly)

$727 COP 2.8M

$987 €850

-26.32%

Buy Apartment in City Center (m2)

$2,251 COP 8.6M

$3,287 €2,831

-31.52%

Buy Apartment Outside City Center (m2)

$1,598 COP 6.1M

$2,633 €2,267

-39.28%

Average Monthly Net Salary (After Tax)

$517 COP 2M

$1,768 €1,522

-70.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

3.43

291.55%

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

Last update for Medellin: December 1, 2025

Last update for Lanzarote: December 1, 2025

Digital Nomad Cost of Living Index

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