Cost of Living Comparison Between Medellin and Mykolaiv Cost of Living Comparison Between Medellin and Mykolaiv

Monthly Cost of Living

A single person spends $1,031 per month in Medellin vs $726 in Mykolaiv, rent included.

A couple spends around $1,599 per month in Medellin vs $1,109 in Mykolaiv, rent included.

A family of three spends $2,167 per month in Medellin vs $1,491 in Mykolaiv, rent included.

Medellin costs about 42% more than Mykolaiv, driven mainly by Getting Around.

Both Medellin and Mykolaiv are more affordable than the global median – Medellin 23% lower, Mykolaiv 46% lower.

Currency
🍽 Eating Out
Medellin
Mykolaiv
Difference
Meal at Budget Restaurant
$6.16 COP 20.1K
$9.59 ₴428
-35.77%
Three-Course Dinner for Two, Mid-Range
$32.60 COP 106.1K
$23.99 ₴1,071
35.89%
Fast Food Meal (McDonalds, etc)
$7.34 COP 23.9K
$7.53 ₴336
-2.52%
Cappuccino
$1.72 COP 5,600
$1.12 ₴49.98
53.57%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.05 COP 3,420
$0.48 ₴21.28
118.75%
Water (0.33 liter bottle)
$0.77 COP 2,515
$0.44 ₴19.85
75.00%
Local Beer (0.5 liter draught)
$1.69 COP 5,488
$0.88 ₴39.29
92.05%
Imported Beer (0.33 liter bottle)
$3.17 COP 10.3K
$1.62 ₴72.4
95.68%
🛒 Groceries & Markets
Medellin
Mykolaiv
Difference
Milk (1 liter)
$1.05 COP 3,423
$1.26 ₴56.1
-16.67%
White Bread (500g)
$1.30 COP 4,236
$0.61 ₴27.09
113.11%
Rice (white) (1kg)
$1.40 COP 4,544
$1.57 ₴69.9
-10.83%
Eggs
$2.16 COP 7,047
$1.61 ₴72.0
34.16%
Local Cheese (1kg)
$4.39 COP 14.3K
$9.98 ₴445
-56.01%
Chicken Fillets (1kg)
$5.88 COP 19.1K
$4.73 ₴211
24.31%
Beef Round Steak (1kg)
$8.64 COP 28.1K
$7.51 ₴335
15.05%
Apples (1kg)
$2.28 COP 7,426
$1.04 ₴46.27
119.23%
Banana (1kg)
$1.11 COP 3,604
$1.46 ₴65.2
-23.97%
Oranges (1kg)
$1.53 COP 4,983
$1.38 ₴61.7
10.87%
Tomato (1kg)
$1.35 COP 4,410
$2.12 ₴94.7
-36.32%
Potato (1kg)
$1.13 COP 3,674
$0.82 ₴36.57
37.80%
Onion (1kg)
$1.13 COP 3,692
$0.48 ₴21.58
135.42%
Lettuce (1 head)
$0.85 COP 2,753
$0.99 ₴44.32
-14.14%
Water (1.5 liter bottle)
$0.91 COP 2,975
$0.51 ₴22.77
78.43%
Cigarettes 20 Pack (Marlboro, Camel)
$2.34 COP 7,630
$2.18 ₴97.1
7.34%
Wine (Bottle)
$12.37 COP 40.3K
$3.78 ₴169
227.25%
Local Beer (0.5 liter bottle)
$1.20 COP 3,909
$0.70 ₴31.02
71.43%
Imported Beer (0.33 liter bottle)
$2.49 COP 8,104
$1.11 ₴49.61
124.32%
🚌 Getting Around
Medellin
Mykolaiv
Difference
One-way Ticket (Public Transport)
$0.84 COP 2,728
$0.38 ₴16.76
121.05%
Public Transport Monthly Pass (Regular Price)
$40.57 COP 132.1K
$9.59 ₴428
323.04%
Taxi Start (Normal Tariff)
$1.42 COP 4,623
$1.24 ₴55.5
14.52%
Taxi (Normal Tariff) (1km)
$1.92 COP 6,235
$0.46 ₴20.46
317.39%
Taxi 1hour Waiting (Normal Tariff)
$7.66 COP 24.9K
$2.46 ₴110
211.38%
Gasoline (1 liter)
$0.99 COP 3,223
$1.40 ₴62.3
-29.29%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$18.0K COP 58.7M
$30.4K ₴1.4M
-40.62%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.6K COP 86.7M
$16.8K ₴748.5K
58.72%
🧾 Monthly Utilities & Internet
Medellin
Mykolaiv
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$80.8 COP 263.1K
$144 ₴6,428
-43.91%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.95 COP 32.4K
$5.34 ₴238
86.33%
Internet (50+ Mbps, Unlimited Data)
$24.18 COP 78.7K
$5.52 ₴246
338.04%
🎉 Sport & Entertainment
Medellin
Mykolaiv
Difference
Gym Membership (Monthly)
$25.08 COP 81.7K
$30.70 ₴1,370
-18.31%
Tennis Court (1 Hour on Weekend)
$19.15 COP 62.3K
$8.23 ₴367
132.69%
Cinema Ticket
$3.98 COP 13.0K
$3.67 ₴164
8.45%
🧸 Childcare & Education
Medellin
Mykolaiv
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$305 COP 993.5K
$73.7 ₴3,290
313.92%
International Primary School, 1 Child (Yearly)
$6,059 COP 19.7M
$3,472 ₴154.9K
74.51%
👕👟 Clothing & Footwear
Medellin
Mykolaiv
Difference
Jeans (Levis 501 Or Similar)
$58.1 COP 189.2K
$47.99 ₴2,141
21.13%
Summer Dress (H&M, Zara, etc)
$32.20 COP 104.8K
$14.76 ₴659
118.16%
Sport Shoes (Adidas, Nike)
$101 COP 327.9K
$64.3 ₴2,867
56.75%
Men's Leather Business Shoes
$108 COP 350.8K
$119 ₴5,319
-9.61%
🏠 Accommodation & Living
Medellin
Mykolaiv
Difference
1-bedroom Apartment, City Center (Monthly)
$477 COP 1.6M
$199 ₴8,870
139.73%
1-bedroom Apartment, Outside City Center (Monthly)
$376 COP 1.2M
$113 ₴5,048
232.48%
3-bedroom Apartment, City Center (Monthly)
$845 COP 2.7M
$314 ₴14.0K
169.34%
3-bedroom Apartment, Outside City Center (Monthly)
$730 COP 2.4M
$228 ₴10.2K
220.70%
Buy Apartment in City Center (m2)
$3,215 COP 10.5M
$715 ₴31.9K
349.81%
Buy Apartment Outside City Center (m2)
$1,372 COP 4.5M
$491 ₴21.9K
179.23%
💵 Salaries & Financials
Medellin
Mykolaiv
Difference
Average Monthly Net Salary (After Tax)
$617 COP 2.0M
$413 ₴18.4K
49.25%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
25
-46.28%

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

Last update for Medellin: July 12, 2026

Last update for Mykolaiv: July 14, 2026

Cost Breakdown

A central one-bedroom costs $477 in Medellin versus $199 in Mykolaiv. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 49% higher in Medellin, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $33.00 in Medellin versus $24.00 in Mykolaiv. Monthly groceries follow the same trend: $193 vs $164 – making Mykolaiv the more affordable choice for daily food spending.

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 Mykolaiv: Cost of Living - Frequently Asked Questions
Is Mykolaiv cheaper than Medellin?
Yes – Medellin is pricier by about 42%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $1,546 per month in Medellin and $1,089 in Mykolaiv. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Mykolaiv, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Medellin or in Mykolaiv?
A mid-range dinner for two costs $33.00 in Medellin and $24.00 in Mykolaiv. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Medellin and in Mykolaiv?
Monthly expenses with rent come to $1,031 in Medellin and $726 in Mykolaiv. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $1,500 a realistic budget for living in Medellin or in Mykolaiv?
A $1,500 monthly budget goes further in Mykolaiv, where all-in costs run around $726, than in Medellin at $1,031. In Mykolaiv it covers expenses comfortably, while in Medellin it requires careful planning or may not stretch far enough.
Is Medellin or Mykolaiv more family-friendly?
Families tend to lean toward Mykolaiv – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is the better choice to relocate to?
If budget matters most, go with Mykolaiv. If higher salaries, better infrastructure, or specific career opportunities are the priority, Medellin makes more sense. Both are solid long-term options with distinct trade-offs.

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