Cost of Living Comparison Between Medellin and Magadan Cost of Living Comparison Between Medellin and Magadan

Monthly Cost of Living

Monthly costs for one person with rent: $1,003 in Medellin versus $1,103 in Magadan.

Estimated couple costs with rent: $1,573 in Medellin versus $1,766 in Magadan.

Monthly costs for a family of three with rent: $2,143 in Medellin versus $2,428 in Magadan.

Living in Medellin costs roughly 9% less than in Magadan, driven mainly by Groceries & Markets.

Both cities sit below the global median: Medellin 25% lower, Magadan 17% lower.

Meal at Budget Restaurant

$5.91 COP 18.9K

$9.60 ₽766

-38.44%

Three-Course Dinner for Two, Mid-Range

$32.96 COP 105.2K

$63.5 ₽5,062

-48.05%

Fast Food Meal (McDonalds, etc)

$7.43 COP 23.7K

$5.55 ₽443

33.87%

Cappuccino

$1.65 COP 5,276

$3.11 ₽248

-46.95%

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

$1.10 COP 3,514

$1.54 ₽123

-28.57%

Water (0.33 liter bottle)

$0.78 COP 2,491

$1.05 ₽84.0

-25.71%

Local Beer (0.5 liter draught)

$1.72 COP 5,484

$1.42 ₽113

21.13%

Imported Beer (0.33 liter bottle)

$3.18 COP 10.1K

$2.57 ₽205

23.74%

Milk (1 liter)

$1.10 COP 3,521

$1.62 ₽129

-32.10%

White Bread (500g)

$1.26 COP 4,015

$1.06 ₽84.5

18.87%

Rice (white) (1kg)

$1.38 COP 4,407

$1.42 ₽113

-2.82%

Eggs

$2.18 COP 6,950

$2.99 ₽239

-27.09%

Local Cheese (1kg)

$4.49 COP 14.3K

$15.10 ₽1,205

-70.26%

Chicken Fillets (1kg)

$5.79 COP 18.5K

$8.88 ₽709

-34.80%

Beef Round Steak (1kg)

$8.97 COP 28.6K

$15.74 ₽1,256

-43.01%

Apples (1kg)

$2.32 COP 7,405

$1.80 ₽143

28.89%

Banana (1kg)

$1.06 COP 3,397

$3.50 ₽279

-69.71%

Oranges (1kg)

$1.52 COP 4,838

$3.09 ₽247

-50.81%

Tomato (1kg)

$1.36 COP 4,327

$2.80 ₽223

-51.43%

Potato (1kg)

$1.13 COP 3,599

$1.34 ₽107

-15.67%

Onion (1kg)

$1.17 COP 3,738

$1.17 ₽93.1

Lettuce (1 head)

$0.90 COP 2,876

$0.85 ₽67.9

5.88%

Water (1.5 liter bottle)

$0.90 COP 2,861

$1.22 ₽97.7

-26.23%

Cigarettes 20 Pack (Marlboro, Camel)

$2.23 COP 7,128

$3.19 ₽255

-30.09%

Wine (Bottle)

$12.12 COP 38.7K

$12.19 ₽973

-0.57%

Local Beer (0.5 liter bottle)

$1.19 COP 3,793

$1.03 ₽82.1

15.53%

Imported Beer (0.33 liter bottle)

$2.48 COP 7,920

$2.51 ₽200

-1.20%

One-way Ticket (Public Transport)

$0.85 COP 2,723

$0.99 ₽79.0

-14.14%

Public Transport Monthly Pass (Regular Price)

$41.62 COP 132.8K

Taxi Start (Normal Tariff)

$1.42 COP 4,518

$1.51 ₽120

-5.96%

Taxi (Normal Tariff) (1km)

$1.95 COP 6,223

$0.33 ₽25.97

490.91%

Taxi 1hour Waiting (Normal Tariff)

$7.89 COP 25.2K

$6.26 ₽499

26.04%

Gasoline (1 liter)

$0.99 COP 3,160

$0.77 ₽61.2

28.57%

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

$17.6K COP 56.2M

$33.7K ₽2.7M

-47.76%

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

$26.8K COP 85.5M

$35.5K ₽2.8M

-24.58%

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

$83.0 COP 264.9K

$111 ₽8,883

-25.45%

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

$9.70 COP 30.9K

$5.92 ₽472

63.85%

Internet (50+ Mbps, Unlimited Data)

$23.52 COP 75.0K

$7.74 ₽618

203.88%

Gym Membership (Monthly)

$25.26 COP 80.6K

$35.71 ₽2,849

-29.26%

Tennis Court (1 Hour on Weekend)

$19.10 COP 60.9K

Cinema Ticket

$3.95 COP 12.6K

$5.22 ₽416

-24.33%

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

$316 COP 1.0M

$325 ₽26.0K

-2.97%

International Primary School, 1 Child (Yearly)

$5,975 COP 19.1M

$7,043 ₽561.9K

-15.17%

Jeans (Levis 501 Or Similar)

$60.0 COP 191.4K

$68.7 ₽5,484

-12.71%

Summer Dress (H&M, Zara, etc)

$31.82 COP 101.5K

$43.94 ₽3,505

-27.58%

Sport Shoes (Adidas, Nike)

$102 COP 324.4K

$116 ₽9,222

-12.05%

Men's Leather Business Shoes

$107 COP 342.8K

$107 ₽8,552

0.23%

1-bedroom Apartment, City Center (Monthly)

$475 COP 1.5M

$439 ₽35.0K

8.11%

1-bedroom Apartment, Outside City Center (Monthly)

$374 COP 1.2M

$300 ₽23.9K

24.59%

3-bedroom Apartment, City Center (Monthly)

$849 COP 2.7M

$776 ₽61.9K

9.38%

3-bedroom Apartment, Outside City Center (Monthly)

$719 COP 2.3M

$517 ₽41.3K

39.14%

Buy Apartment in City Center (m2)

$3,265 COP 10.4M

Buy Apartment Outside City Center (m2)

$1,441 COP 4.6M

Average Monthly Net Salary (After Tax)

$624 COP 2.0M

$1,019 ₽81.3K

-38.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

13.43

11.92%

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

Last update for Medellin: July 27, 2026

Last update for Magadan: July 27, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $475 in Medellin and $439 in Magadan. Housing cost is often the main lever when comparing two cities.

Magadan pays 63% 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: $33.00 in Medellin vs $63.0 in Magadan for a mid-range dinner for two. Groceries echo the gap at $193 vs $297 per month, with Medellin cheaper across the board.

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 Magadan: Cost of Living - Frequently Asked Questions

Medellin wins on cost – living expenses run 10% lower than in Magadan. Housing and daily spending are where you'll feel the difference most, making Medellin the obvious pick if budget is a priority.

On paper, salaries run 63% lower in Magadan. 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: $475 in Medellin versus $439 in Magadan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $316 in Medellin versus $325 in Magadan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Medellin – a meal for two runs $33.00 versus $63.0 in Magadan. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,003 in Medellin versus $1,103 in Magadan, a $1,500 budget is realistic in Medellin but tight or insufficient in Magadan. The gap between the two cities makes Medellin the clear choice for anyone on this budget.

Both work as nomad bases, but Medellin delivers better value – similar infrastructure at $1,003 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Medellin hard to pass up.

Expats usually find Medellin gentler on the wallet – expenses run 10% less than in Magadan. Beyond cost, consider language, visa policies, and how big the international community is in each city.