Cost of Living Comparison Between Medellin and Larissa Cost of Living Comparison Between Medellin and Larissa

Monthly Cost of Living

Monthly costs for one person with rent: $1,681 in Medellin versus $1,565 in Larissa.

Estimated couple costs with rent: $2,445 in Medellin versus $2,343 in Larissa.

Monthly costs for a family of three with rent: $3,210 in Medellin versus $3,122 in Larissa.

Living in Medellin is roughly 7% more expensive than in Larissa, driven mainly by Eating Out.

Both cities are pricier than the global median: Medellin 23% above, Larissa 14% above.

Meal at Budget Restaurant

$8.02 COP 25.0K

$12.91 €11.25

-37.88%

Three-Course Dinner for Two, Mid-Range

$47.87 COP 149.4K

$68.4 €59.6

-30.02%

Fast Food Meal (McDonalds, etc)

$9.89 COP 30.8K

$10.44 €9.10

-5.27%

Cappuccino

$3.13 COP 9,767

$4.22 €3.68

-25.83%

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

$1.91 COP 5,954

$2.49 €2.17

-23.29%

Water (0.33 liter bottle)

$1.51 COP 4,712

$0.57 €0.49

164.91%

Local Beer (0.5 liter draught)

$3.12 COP 9,747

$5.82 €5.08

-46.39%

Imported Beer (0.33 liter bottle)

$5.75 COP 17.9K

$5.76 €5.02

-0.17%

Milk (1 liter)

$1.44 COP 4,509

$1.58 €1.38

-8.86%

White Bread (500g)

$2.49 COP 7,759

$1.58 €1.38

57.59%

Rice (white) (1kg)

$1.77 COP 5,535

$2.15 €1.88

-17.67%

Eggs

$2.96 COP 9,235

$4.09 €3.56

-27.63%

Local Cheese (1kg)

$10.07 COP 31.4K

$13.88 €12.10

-27.45%

Chicken Fillets (1kg)

$10.12 COP 31.6K

$10.62 €9.26

-4.71%

Beef Round Steak (1kg)

$14.30 COP 44.6K

$13.72 €11.96

4.23%

Apples (1kg)

$4.14 COP 12.9K

$2.25 €1.96

84.00%

Banana (1kg)

$1.61 COP 5,019

$1.97 €1.71

-18.27%

Oranges (1kg)

$2.25 COP 7,007

$1.13 €0.99

99.12%

Tomato (1kg)

$2.25 COP 7,028

$1.88 €1.64

19.68%

Potato (1kg)

$2.04 COP 6,375

$1.08 €0.94

88.89%

Onion (1kg)

$1.54 COP 4,790

$1.15 €1.01

33.91%

Lettuce (1 head)

$1.17 COP 3,651

$0.95 €0.83

23.16%

Water (1.5 liter bottle)

$1.31 COP 4,077

$0.48 €0.42

172.92%

Cigarettes 20 Pack (Marlboro, Camel)

$3.90 COP 12.2K

$5.33 €4.64

-26.83%

Wine (Bottle)

$14.01 COP 43.7K

$6.95 €6.06

101.58%

Local Beer (0.5 liter bottle)

$1.74 COP 5,439

$1.79 €1.56

-2.79%

Imported Beer (0.33 liter bottle)

$2.87 COP 8,956

$2.64 €2.30

8.71%

One-way Ticket (Public Transport)

$1.22 COP 3,792

$1.42 €1.24

-14.08%

Public Transport Monthly Pass (Regular Price)

$80.5 COP 251.1K

$57.6 €50.2

39.84%

Taxi Start (Normal Tariff)

$1.31 COP 4,084

$6.20 €5.40

-78.87%

Taxi (Normal Tariff) (1km)

$2.19 COP 6,825

$1.18 €1.03

85.59%

Taxi 1hour Waiting (Normal Tariff)

$8.71 COP 27.2K

$13.73 €11.96

-36.56%

Gasoline (1 liter)

$1.37 COP 4,260

$2.16 €1.88

-36.57%

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

$27.8K COP 86.9M

$34.1K €29.7K

-18.40%

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

$35.8K COP 111.6M

$27.6K €24.1K

29.40%

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

$177 COP 553.2K

$358 €312

-50.51%

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

$13.88 COP 43.3K

$23.44 €20.43

-40.78%

Internet (50+ Mbps, Unlimited Data)

$29.72 COP 92.8K

$30.66 €26.72

-3.07%

Gym Membership (Monthly)

$44.88 COP 140.1K

$48.09 €41.92

-6.67%

Tennis Court (1 Hour on Weekend)

$17.12 COP 53.4K

$23.05 €20.09

-25.73%

Cinema Ticket

$6.65 COP 20.7K

$9.69 €8.45

-31.37%

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

$813 COP 2.5M

$450 €392

80.70%

International Primary School, 1 Child (Yearly)

$9,187 COP 28.7M

$8,001 €6,975

14.81%

Jeans (Levis 501 Or Similar)

$89.5 COP 279.3K

$88.3 €77.0

1.35%

Summer Dress (H&M, Zara, etc)

$59.0 COP 184.0K

$32.14 €28.01

83.48%

Sport Shoes (Adidas, Nike)

$138 COP 431.2K

$116 €101

18.70%

Men's Leather Business Shoes

$102 COP 318.7K

$137 €120

-25.59%

1-bedroom Apartment, City Center (Monthly)

$1,062 COP 3.3M

$403 €352

163.36%

1-bedroom Apartment, Outside City Center (Monthly)

$663 COP 2.1M

$303 €264

118.62%

3-bedroom Apartment, City Center (Monthly)

$1,888 COP 5.9M

$764 €666

146.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,027 COP 3.2M

$531 €463

93.29%

Buy Apartment in City Center (m2)

$4,183 COP 13.1M

$2,115 €1,843

97.82%

Buy Apartment Outside City Center (m2)

$1,675 COP 5.2M

$1,580 €1,377

5.98%

Average Monthly Net Salary (After Tax)

$678 COP 2.1M

$1,190 €1,037

-43.05%

20-Year Fixed Mortgage Interest Rate (Annual %)

10.94

4.45

145.84%

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

Last update for Medellin: September 14, 2026

Last update for Larissa: September 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,062 in Medellin and $403 in Larissa. Housing cost is often the main lever when comparing two cities.

Larissa pays 76% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48.00 in Medellin vs $68.0 in Larissa. Groceries flip the comparison at $305 vs $273, with Larissa cheaper for home cooking.

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 Larissa: Cost of Living - Frequently Asked Questions

Larissa is cheaper overall, especially in Groceries & Markets, Clothing & Footwear, Getting Around. The 7% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 76% lower in Larissa. 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: $1,062 in Medellin versus $403 in Larissa. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Larissa runs roughly 40% less than in Medellin. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $813 in Medellin versus $450 in Larissa. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,565 in Larissa versus $1,681 in Medellin, a $1,500 budget is realistic in Larissa but tight or insufficient in Medellin. The gap between the two cities makes Larissa the clear choice for anyone on this budget.

For families, Larissa is more practical. Housing and childcare are both notably cheaper than in Medellin, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Medellin and Larissa 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 Larissa gentler on the wallet – expenses run 7% less than in Medellin. Beyond cost, consider language, visa policies, and how big the international community is in each city.